The University of Buckingham-convened course will start in January 2015 and will fast-track budding doctors into the profession in four-and-a-half years, rather than the usual five or six, according to the Metro.
Despite the £157,500 fee for the MB ChB degree, a spokeswoman said the cost was ‘within the range of fees being charged by other UK medical schools for overseas students’.
And while Buckingham will accept only ‘well-qualified applicants’ from next month, international student numbers will not be capped.
Places will also be open to British or EU students who prefer to study here than attending private medical schools overseas.
Vice-chancellor Prof Terence Kealey said staff will work with the General Medical Council which will conduct a ‘multi-year quality assurance review’.
He added: ‘We have long held an ambition to pioneer a medical school with a patient orientation.
‘We intend to provide high-quality students with a first-rate, caring, medical education.’
Buckingham will host the first phase of the course before students are sent to Milton Keynes Hospital NHS Foundation Trust to complete their studies.
The 2,000-student university has ranked near the top of the satisfaction league table for the past seven years.