Study in UK
6th Dec 2022
Afia Azmi

Your Guide to MBA in the UK: Programs, Costs, and Careers

MBA is one of the most popular master’s degrees. Many young and successful start-ups surrounding us mark the popularity of a degree in Business Administration. Most of the students pursuing an MBA in highly regarded B-Schools are placed within a few months of graduation. Some of these top-ranked B-Schools hailing from the UK are best and affordable for international students.

MBA in the UK is less expensive, reputed and on par with other global masters. Every year millions of students from across the globe travel to different parts of the UK to pursue their MBA dream. MBA in the UK for Indian students costs much less than the same degree from any other country. Also, the UK welcomes warmly international students and provides world-class learning facilities. Further details on the MBA in the UK are mentioned below.

What is an MBA?

The MBA stands for Masters in Business Administration. MBA is an advanced degree in the field of Business and is offered with various specializations. Graduates with relevant skills and knowledge take professional positions in different public, private, and government firms.

The work of MBA graduates includes management, accounting, organization, marketing etc. An MBA degree also helps individuals to start up their business ideas. Most of the top-ranked B-Schools offer internships or job placements right after the course.

What are the MBA courses in the UK?

The UK has a long traditional history for Business education. There are nearly 130 universities that offer Business Administration or related courses in the UK. An MBA in the UK is one of the most popular degrees across the world. and Study visa process for UK is also very easy to apply

Study MBA in UK have increased in recent years. The job opportunities and pay scale largely depend on the choice of specializations currently in demand in the UK. MBA in the UK for Indian students offers financial assistance through various full-time and part-time scholarships, grants and fellowships.

The multiple specializations offered under MBA in the UK is as listed below -

  • 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?

The UK MBA generally requires students to have a -

  • Bachelor’s degree in engineering, technology, management, or any other related subject from a recognized university.
  • A minimum of 60% or equivalent is required to apply for MBA in the UK.
  • Students should also submit other documents to meet the eligibility criteria.
  • Certain institutions may require additional documents, and the institution-specific requirements may vary from one institution to another. Some of the top-notch B-Schools demand proof of work experience as well.

The program is highly competitive, and meeting the eligibility criteria alone may not ensure admission.

The following is a 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

What are the best universities in UK for MBA?

The UK has some of the top universities in Business Administration in the world. The MBA universities in the UK have excellent teaching faculties with hands-on experience in management, finance, marketing and related field. The UK offers full-time as well as part-time MBA programs.

Students can generally finish the master’s degree within 12 to 24 months. Some of the MBA universities in the UK offer internship or job placement provides to post the masters degree. The UK also offers students a two year stay back period after their masters. Graduates are usually hired within a few months of graduation.

Some of the MBA top universities in the UK are listed below -

  • London Business School
  • Oxford Business School
  • Cambridge Judge Business School
  • Warwick Business School
  • Imperial College Business School
  • Alliance Manchester Business School
  • Leeds University
  • Aston Business School
  • Edinburgh Business School
  • Durham Business School

Read More - Comprehensive Guide to studying MBA in UK

What is the Cost of an MBA in the UK?

An MBA degree from the UK cost around 31,500 GBP to 88,000 GBP. The MBA in UK fees largely depend on the location, World-ranking, global impact, placement, and many factors. Meritorious students can avail of financial assistance through scholarships.

There are institutions specific as well as general scholarships available for MBA in the UK. After completing masters’, students can earn up to 1,00,000 GBP as average salary. Students can also opt for various part-time work amidst studies to match the living expenses. The MBA universities in the UK offer flexible application and course time, enabling students to work up to 20hrs per week during the semester.

Also calculate the overall cost of living and studying in UK with Azent's unique expense calculator.

What are the career options after MBA in the UK?

The UK has ample job opportunities after MBA in the UK. Currently, the job market in the UK is short of skilled managers. Shortly, demand for these positions is projected to increase even more. MBA graduates from the United Kingdom are employed in various fields, including sports, education, banking, commerce, and management. The pay range for different management jobs is primarily determined by the abilities, specialities, and demand for such positions.

The average annual pay scale of an MBA executive in the UK is between 1,16,000GBP to 1,33,000GBP. An assistant BD Manager has average yearly pay of 1,31,000GBP, whereas BD managers are paid 1,84,000 GBP. Managers and General Managers have a pay scale between 1,70,000 GBP to 2,00,000 GBP. Project managers annually earn more than 2,00,000 GBP.

MBA from the UK is the right choice for students aiming to own a business or work in management; the post-stay back period after the master’s in the UK help students plan their career in the UK. Some of the top UK universities offer excellent placements. Graduates are paid higher with increasing experience. All this makes MBA a suitable choice for international students aiming to work and settle in the UK.

Frequently Asked Questions (FAQ)

1.) Is an MBA in the UK worth it?

Yes, The UK has a high job demand for manager jobs, which is expected to increase in the future.

2.) Is the UK MBA recognized in India?

The 1-year MBA degree from the UK is not recognized in India.

3.) Which is the best MBA course in the UK?

General MBA or Marketing MBA are an excellent choice for students. However, the right choice for students varies with personal interests.

4.) How can I get a job after MBA in the UK?

Graduates generally find a job within 3 months after a master’s degree. Students can apply to various firms or choose campus placements to work in the UK after MBA.

5.) Can I work in the UK after my MBA?

Yes, students can work in various private firms in different sectors such as management, technology, education, finance etc.

6.) What exams are required for MBA in the UK?

General GRE or GMAT (preferred) are required for MBA in the UK. Language tests such as IELTS/TOEFL/PTE are also mandatory.

Begin your Overseas Journey with us
+ 91
Recent Blogs