One of the most popular master's degrees is the MBA. Many fresh and successful start-ups surround us, demonstrating the attractiveness of a Business Administration degree. Most MBA students who attend prestigious B-Schools get hired within a few months after graduation. Many top-tier B-Schools, notably from the UK, are premier and economically viable for international students.
Pursuing an MBA in UK is less expensive than other contries and has a stellar reputation, matching up with other globally recognized master's degrees. Annually, the UK becomes the chosen destination for millions of international students, who migrate to various regions within the country to actualize their MBA aspirations. MBA programs in the United Kingdom are much less expensive for Indian students to similar degrees in other countries. Moreover, the UK welcomes international students, offering them access to elite learning environments. Further insights into the MBA courses in the UK are mentioned below.
What is an MBA?
The MBA or Masters in Business Administration, is a higher-level degree specializing in business administration and offers a variety of specializations within its curriculum. Graduates with relevant skills and knowledge take professional positions in different public, private, and government firms.
The scope of work of MBA graduates often encompass management, accounting, organizational development, and marketing, to name a few. Furthermore, the MBA degree is helpful for those who want to start their own business ventures. Most elite Business Schools provide opportunities such as internships or direct job placements upon course completion.
What are the MBA courses in UK?
The UK boasts a rich, historical foundation in Business education, with approximately 130 universities providing courses in Business Administration or related studies. The MBA in the UK enjoys a global reputation as one of the most sought-after degrees worldwide. The application procedure for a student visa for the United Kingdom is quite simple.
In recent years, pursuing an MBA in UK has seen a surge. Employment opportunities and salary scales significantly depend upon selecting specializations sought-after within the UK market. For Indian students, the UK extends financial support through many full and part-time scholarships, grants, and fellowships for MBA programs.
Below is a list of various specializations available under the MBA program in the UK -
- General Management
- Marketing
- Business Strategy
- Finance
- Human Resources
- Entrepreneurship
- Operations Management
- Consulting
- Accounting
- Environmental Management and Stability
What is the Eligibility Criteria for an MBA in the UK?
Following are the prerequisites from students to enroll in an MBA programme in the UK:
- Bachelor’s degree in engineering, technology, management, or any other related subject from a recognized university.
- A minimum score of 60% or equivalent is required to apply for MBA in the UK.
- Students must submit other required documents to fulfill the eligibility criteria.
- Certain institutions may require additional documents, and the institution-specific requirements may vary from one institution to another.
- Some premier B-Schools also necessitate proof of work experience.
One should keep in mind that fulfilling eligibility criteria alone may not guarantee you admission as this programme is highly competitive.
Here is the list of documents that are necessary for an MBA in the UK -
- Academic Transcripts
- Resume
- Relevant test scores (GMAT/GRE)
- Proof of English Proficiency (TOEFL/IELTS/PTE)
- Statement of Purpose
- Letters of Recommendation
Best Universities in UK for MBA
The UK is home to some of the world's top universities for Business Administration. These MBA universities in the UK feature outstanding faculty members with practical experience in areas like management, finance, and marketing, offering both full-time and part-time MBA programs.
Students can generally complete their master's degree within 12 to 24 months. Some MBA universities in the UK also provide internship or job placement opportunities after completing the management programme. Additionally, the country allows students a two-year stay-back period following their master's. Typically, graduates get recruited within a few months following graduation.
University | Course Type | Duration | Cost |
| London Business School | Full Time | 15-21 Months | £115,000 |
| Oxford Business School | Part Time | 22 Months | £117,080 |
| Cambridge Judge Business School | Full Time | 12 Months | £69,000 |
| Warwick Business School | Full Time | 12 Months | £53,750 |
| Imperial College Business School | Full Time | 12 Months | £67,500 |
| Alliance Manchester Business School | Full Time | 15-18 Months | £48,000 |
| Leeds University | Full Time | 12 Months | £36,500 |
| Aston Business School | Full Time | 12 Months | £30,000 |
| Edinburgh Business School | Full Time | 12 Months | £40,900 |
| Durham Business School | Full Time | 12 Months | £37,500 |
What is the Cost of an MBA in UK?
An MBA degree from the UK costs approximately 31,500 GBP to 88,000 GBP. The fees for an MBA programme in the UK can vary based on location, university ranking, global impact, placement record, and more. Deserving students have the opportunity to access financial aid through scholarships.
There are institutions specific as well as general scholarships available while pursuing MBA in the UK. Upon completing their master's degree, students can anticipate earning an average salary of up to 1,00,000 GBP. Students may also work part-time during their studies to offset living expenses. The MBA universities in the UK provide flexible application processes and course schedules, allowing students to work up to 20 hours per week during the semester.
Use Azent's expense calculator to determine the estimated cost of living and studying in the UK.
What are the career options after MBA in the UK?
The UK offers ample job opportunities for MBA graduates. Currently, the employment market in the United Kingdom needs more qualified administrators. In the near future, the demand for these positions is anticipated to increase further. MBA graduates from the UK find job opportunities across various sectors, such as sports, education, banking, commerce, and management. Salary ranges for various managerial positions depend largely on skills, specializations, and demand for the roles.
On average, an MBA executive in the UK earns an annual salary ranging from 1,16,000 GBP to 1,33,000 GBP. An Assistant Business Development (BD) Manager can expect an average annual salary of 1,31,000 GBP, while BD Managers may earn around 1,84,000 GBP. The annual pay scale for Managers and General Managers lies between 1,70,000 GBP and 2,00,000 GBP. Project Managers can expect to earn over 2,00,000 GBP annually.
Pursuing an MBA from the UK is prudent for students aspiring to establish a business or build a career in management. The post-study stay-back period following the master’s degree in the UK assists students in strategizing their career paths within the country.
Several leading UK universities provide stellar placement opportunities after an MBA in UK. Graduates typically see their salaries rise with accumulating experience, further solidifying the MBA as a fitting option for international students who desire to work and reside in the UK.