Whether you’ve just completed your bachelor’s and planning do your business studies in the UK or you’re a working professional looking to enhance your skills and career through a prestigious MBA degree in the UK, we’re here to guide you. This post covers top MBA universities, cost involved, scholarships, requirements, cheapest MBA options in Australia, job prospects post-graduation, and more.
Why Study MBA In UK?
- High-Quality Education
- UK MBA universities maintain high teaching and research standards, regularly evaluated for excellence.
- Faculty members are highly experienced, ensuring a top-notch education.
- Duration of the Program:
- The 1-year MBA in the UK is popular for being rewarding, cost-effective, and time-saving, especially for international students.
- Diverse Specializations:
- UK MBA programs offer diverse electives and specializations, surpassing some American business schools.
- The curriculum adapts to market needs, continually adding relevant topics.
- Career Counselling Services:
- Many UK MBA schools provide full-time career services, helping students realize interests and enhance potential.
- Career counselors guide students to strengthen CVs and explore prospects in their areas of interest.
- Work while Studying:
- Pursuing an MBA in the UK allows engagement in part-time jobs or internships, some integrated into the program.
- Work experience enhances CVs, making students stand out for job opportunities.
Top MBA Programs In UK For Indians
Logo | University/College | Program | Details | More Details |
---|---|---|---|---|
London Business School | Master of Business Administration | London, England 2 Years On-Campus Full-time 2023-24: GBP 109,700 | More Details | |
Durham University | Master of Business Administration | Durham, England 2 Years On-Campus Full-time 2023-24: GBP 9,000 | More Details | |
Imperial College London | Master of Business Administration | London, England 1 Year On-Campus Full-time 2023-24: GBP 9,250 | More Details | |
Lancaster University | Master of Business Administration | City of Lancaster , England 1 Year On-Campus Full-time 2023-24: GBP 9,250 | More Details | |
University Of Warwick | Master of Business Administration | Coventry, England 1 Year On-Campus Full-time 2023-24: GBP 9,000 | More Details |
MBA Courses In The UK
Specialization | Description | Skills | Careers |
---|---|---|---|
Accounting and Financial Management | Focuses on financial reporting, analysis, and management. | Financial Analysis, Accounting Skills | Accountant, Financial Analyst, CFO |
Marketing Management | Concentrates on creating and implementing marketing plans. | Marketing Strategy, Communication Skills | Marketing Manager, Brand Manager, Sales Manager |
Operations Management | Involves optimizing processes for efficient business operations. | Process Optimization, Project Management | Operations Manager, Supply Chain Manager, Project Manager |
Organisational Behaviour | Explores human behavior in organizational settings. | Leadership, Communication, Team Management | HR Manager, Organizational Development Specialist |
Corporate Finance | Focuses on financial decision-making within corporations. | Financial Modeling, Investment Analysis | Financial Manager, Investment Banker, Corporate Treasurer |
Strategy and Business Policy | Examines strategic decision-making for organizational success. | Strategic Planning, Critical Thinking | Strategic Planner, Management Consultant, Business Analyst |
Entrepreneurship | Emphasizes creating and managing new ventures. | Innovation, Risk-taking, Business Development | Entrepreneur, Startup Founder, Business Development Manager |
Business Ethics and Corporate Social Responsibility | Explores ethical business practices and social responsibility. | Ethics, Social Responsibility | Ethics Officer, CSR Manager, Sustainability Consultant |
Best Management Courses In UK For Indians
Logo | University/College | Program | Details | More Details |
---|---|---|---|---|
London Business School | Management | London, England 2 Years On-Campus Full-time 2023-24: GBP 39,200 | More Details | |
University of Cambridge | Management | Cambridge, England 1 Year On-Campus Full-time 2023-24: GBP 9,250 | More Details | |
University of Oxford | Management | Oxford, England 2 Years On-Campus Full-time 2023-24: GBP 2,480 | More Details |
Funding Options For MBA
- Part-time study while working:
- Self-funding and part-time work are common funding methods.
- Balancing work and MBA studies requires careful management.
- Employer sponsorship:
- Leverage work experience for employer sponsorship.
- Justify how the MBA benefits the company and commit to staying.
- Postgraduate loans:
- UK students in England can access government postgraduate loans.
- Capped at £12,167 (2023/24), it’s a substantial but limited option.
- Scholarships and bursaries:
- Many universities offer non-repayable scholarships and bursaries.
- Eligibility varies; some are automatic, while others require application.
MBA Scholarships In The UK
In the UK, high-achieving MBA students with leadership potential can secure scholarships covering tuition, living expenses, and other study-related costs. Competition is intense, requiring strong academic records, recommendation letters, and personal statements. Various entities, including universities and private groups, offer these scholarships, providing crucial financial support for those pursuing an MBA program.
The best MBA scholarships in UK are:
- The Skoll Scholarship
- The Imperial Business School
- Cambridge Judge Business School
MBA In UK Eligibility For Indians
These are the requirements for MBA in UK. There are certain requirements that are specific to each college.
- A minimum of 3 years of full-time work experience
- A Bachelor’s degree or equivalent
Here are some of the exams that are important for MBA candidates to know about if you are searching for USA best university for MBA.
Statement Of Purpose
SOP for MBA admission in the UK is crucial for university admission. It serves as a pivotal component in the application, offering insights into the candidate’s motivations, educational and professional background, qualifications, achievements, and aspirations. This professional essay is essential for showcasing a candidate’s suitability for admission.
Guidelines To Write An SOP For MBA In UK
- Original and Your Own
- Highlight the MBA program’s role in your professional life.
- Share unique qualities, strengths, and experiences that define you.
- Keep your application unique and creative, avoiding imitation.
- Clear Flow
- Ensure a clear flow in your SOP.
- Organize academic achievements, professional experiences, and career goals seamlessly.
- Reflect clarity of thought for the panel to follow your ideas.
- Crisp and to the Point
- Avoid getting off-track; stay focused.
- Answer key questions of selectors in a crisp and straightforward manner.
- Appreciate brevity, avoiding unnecessary details.
We have covered a detailed post you may check here .
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MBA Duration In UK
MBA Duration in the UK:
- Full-time MBA typically lasts 12-18 months.
- Part-time MBA can extend over 2-4 years.
- Executive MBA for working professionals usually spans 1-2 years.
Flexibility for Working Professionals:
- Executive MBA structures often accommodate work schedules.
- Part-time options allow professionals to balance work and study commitments.
Best 1 Year MBA Programs In The UK
Pursuing a One-year MBA in UK is a popular choice as it provides a comprehensive understanding of business operations, including marketing, HRM, finance, and administration, within a condensed 12-month duration. Students receive an overview of the business world initially and can later specialize in a specific business discipline.
Eligibility Criteria
- Undergraduate Degree
- GMAT or GRE Score
- Work Experience
- Language Requirements
- Passport & Visa
Logo | University/College | Program | Details | More Details |
---|---|---|---|---|
Oxford University | Master of Business Administration | Oxford, England 2 Years On-Campus Full-time 2023-24: GBP 9,250 | More Details | |
ESCP Business School | Master of Business Administration | Paris, France 1 Year On-Campus Full-time 2023-24: GBP 20,700 | More Details | |
University of Stirling | Master of Business Administration (MBA) | Stirling, Scotland 1 Year On-Campus Full-time 2023-24: GBP 1,820 | More Details | |
London School of International Business | Master of Business Administration (MBA) | London, England 1 Year On-Campus Full-time 2023-24: GBP 109,700 | More Details |
MBA Fees In UK For Indians
How Much Will It Cost To Do MBA In UK?
The average MBA fees for international students in the UK range from EUR 35,000 to EUR 58,000 (INR 29.5 Lakhs to INR 48 Lakhs) per annum.
Expenses Incurred By Students Before Going To The USA
The estimated annual cost of living for international students in the UK is typically around GBP 12,000. However, actual expenses can vary based on factors such as accommodation, lifestyle, and basic needs. Here’s an overview of living expenses in the UK for Indian and other international students.
Cost Of Education
Type of Degree | Average Annual Tuition Fee (GBP) | Average Annual Tuition Fee (INR) |
---|---|---|
Bachelors | 38,000 | 39,91,558 |
Masters | 30,000 | 31,51,230 |
PhD | Up to 18,000 | Up to 18,90,738 |
Living Expenses
Factors | Average Cost Per Month(GBP) | Average Cost Per Month(INR) |
---|---|---|
Accommodation | 700 | 73,528 |
Food & Groceries | 200 | 21,008 |
Transportation | 40 | 4,202 |
Household Bills | 50 | 5,252 |
Entertainment | 50 | 5,252 |
Miscellaneous | 200 | 21,008 |
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Cheapest MBA In UK For Indians
Logo | University/College | Program | Details | More Details |
---|---|---|---|---|
Aston University | Master of Business Administration | Birmingham, England 1 Year On-Campus Full-time, Part-time 2023-24: GBP 25,380 | More Details | |
University of Bolton | Master of Business Administration | Bolton, England 1 Year On-Campus Full-time 2023-24: GBP 13,950 | More Details | |
University Of Suffolk | Master of Business Administration (MBA) | Ipswich, England 1 Year On-Campus Full-time 2023-24: GBP 16,380 | More Details |
MBA In UK Without GMAT
MBA programs in the UK are popular among international students due to the country’s esteemed higher education system. Many renowned UK universities offer the flexibility of applying for an MBA without the requirement of submitting GMAT scores, making it an attractive option for applicants.
Admission Requirements
- Minimum GPA of 6.0 in the bachelor’s program
- A GPA of 3.0 or above in the bachelor’s degree
- At least 3 years of work experience
- Resume
- Two or more letters of recommendation
Universities In UK For MBA Without GMAT
- Birmingham City Business School
- Lancaster University Management School
MBA In UK Without Work Experience
Here is the list of the top MBA Universities in the UK:
- Coventry University
- Leeds Beckett University
- University of East London
- University of South Wales
- University of West London
MBA Jobs And Salaries In UK For Indians
Job Role | Annual Salary (GBP) | Annual Salary (INR) |
---|---|---|
Chief Executive Officer (CEO) | 96,000 | 1,00,83,936 |
Management Consultant | 64,000 | 67,22,624 |
Finance Manager | 48,000 | 50,41,968 |
Operations Manager | 46,000 | 48,31,886 |
Business Development Manager | 44,000 | 46,21,804 |
Project Manager | 41,000 | 43,06,681 |
Marketing Manager | 39,000 | 40,96,599 |
Top Companies Hiring MBA Graduates In The UK
Top Organizations | Average Salary after MBA (GBP) | Average Salary after MBA (INR) |
---|---|---|
HSBC | 281,000 | 2,95,16,521 |
EY | 238,000 | 2,49,99,758 |
JPMorgan Chase & Co. | 145,000 | 1,52,30,945 |
Barclays Bank | 94,000 | 98,73,854 |
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Frequently Asked Questions
How long is UK MBA program?
The duration of an MBA in the UK is for 12-18 months, while a part-time MBA can last for 2-4 years.
What happens in the 2 years of MBA?
Two year MBA program allows candidates to explore their MBA career paths through internships and other campus activities.
Do universities in the UK require GMAT?
- Widely accepted and recommended by graduate colleges.
- Some UK universities don’t consider GMAT but may prefer GRE or work experience.
MBA Universities In The UK
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University Of Suffolk
University Of Suffolk, located in Canada has plenty of undergraduate & graduate programs. Check programs, fee, and other facilities at this university if you seek to do your graduation in Canada. Acme Study helps with choosing the right institution for their further…
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University Of Bolton
University Of Bolton, located in UK has plenty of undergraduate & graduate programs. Check programs, fee, and other facilities at this university if you seek to do your graduation in UK. Acme Study helps with choosing the right institution for their further…
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Aston University
Aston University, located in UK has plenty of undergraduate & graduate programs. Check programs, fee, and other facilities at this university if you seek to do your graduation in UK. Acme Study helps with choosing the right institution for their further studies…