Discover MBA in UK: Your Ultimate Guide
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If you are aiming for a top market for a business career, study MBA in the UK will give you the right push. The United Kingdom has the most prestigious colleges in the world and a globally renowned education system. In March 2024, there were 139,175 graduate route visas and 446,924 study visas (Source).
UK universities attract thousands of students from around the world for their top academic structure. This blog will guide you through the top UK colleges, eligibility, programs, and careers.
Highlights
| Eligibility for MBA Colleges | Bachelors, Work experience, language proficiency tests like IELTS or TOEFL, GMAT, GRE, essay questions |
| MBA course duration | 1 to 2.5 years |
| Average Tuition Fee | 40 lakhs INR to 1 crore INR |
| Career Prospects | Business Manager, Consultant, Finance Advisor, Finance Analytics |
| Specializations | Online MBA, Technology, Global MBA, Executive, General MBA |
| Average Salary | 25 lakhs to 49 lakhs INR |
| Scholarships/ Internships | Offered by University |
| Living Cost | 19 lakhs INR |
Why MBA in UK?
UK universities have world recognition. The infrastructure, UK economy, and multicultural exposure are ideal for international students. Students have access to quality education and increased chances of placement.
- MBA colleges in the UK provide analytical skills, management, and communication skills. These are the top skills for an MBA. This will also help you in a successful global MBA career.
- MBA colleges have multicultural classrooms ideal for international students and international exposure.
- The universities are not just prestigious but also have resilient admission eligibility.
- The technology of teaching methods is advanced.
- The UK has the most prestigious universities in the world. They are Oxford Business School, London Business School and Cambridge.
- The MBA in UK focuses on top hands-on learning methods for business studies.
Types of MBA in The UK
- Full Time MBA: It gives a comprehensive look into the business market. Full time MBA provides a global perspective while working full time. It gives you top insights from global leaders and teachers. You have hands-on experience by working with professionals. You work in case studies, and multicultural potential for business.
- Executive MBA: Executive MBA is study with work experience. It is corporate and professional. You can work along with receiving a college education.
- Part Time MBA: If you want to continue working as a professional, you can study part time. Part Time MBA spans longer than Full Time MBA.
Top MBA Colleges in the UK in 2024
There are the best MBA colleges in the UK for Indian Students. These business schools have value for an MBA among top recruiters.
United States MBA Rankings as per QS Global MBA rankings 2024 are:
| QS MBA Ranking | University | Tuition Fees (INR |
|---|---|---|
| 4 | London Business School | 1,26,49,035 |
| 9 | Cambridge Judge Business School | 75 lakhs |
| 18 | Said Business School | 91 lakhs |
| 20 | Imperial College School of Business l | 67 lakhs |
| 36 | Warwick Business School | 58 lakhs |
| 49 | Alliance Manchester Business School | 41 lakhs |
| 64 | University of Edinburgh Business School | 41 lakhs |
| 82 | Cranfield School of Management | 51 lakhs |
| 101 | Bayes Business School | 55 lakhs |
| 110 | Durham University Business School | 41 lakhs |
London Business School
London Business School creates world-class leaders. Master’s degrees are ranked best in the world. The online courses are very flexible.
| Address | The Regents Park, London, United Kingdom |
| Year Founded | 1964 |
| Tuition Fees | 115,000 sterling pounds |
| QS Ranking | 4 |
| Programs offered | Executive, management, finance |
| Phone number | +44 020 7000 7000 |
| Official Site | https://www.london.edu/ |
| Exams required | GMAT, GRE, IELTS, essay questions |
Cambridge Judge Business School
This school is known for empowering and transforming leaders. It offers business, research, and practical academic study.
| Address | Trumpington St, Cambridge, United Kingdom |
| Year Founded | 1990 |
| Tuition Fees | 69,000 sterling pounds |
| QS Ranking | 9 |
| Programs offered | Executive, general MBA |
| Phone number | +44 1223 339700 |
| Official Site | https://www.jbs.cam.ac.uk/ |
| Exams required | GMAT, GRE, IELTS, essay questions |
Said Business School
The graduates believe in transforming the world. They learn leadership and teamwork.
| Address | Park End Street, Oxford, United Kingdom |
| Year Founded | 1996 |
| Tuition Fees | 83,000 sterling pounds |
| QS Ranking | 18 |
| Programs offered | Executive, general MBA, 1+1 MBA |
| Phone number | +44 1865288800 |
| Official Site | https://www.sbs.ox.ac.uk/ |
| Exams required | GMAT, GRE, IELTS, online assessment |
Imperial College School of Business
The school is ranked 3 in the UK by Financial Times 2024. Students are empowered in business, technology, challenges, and economy.
| Address | South Kensington Campus, Exhibition Road, London, United Kingdom |
| Year Founded | 2004 |
| Tuition Fees | 67,500 sterling pounds |
| QS Ranking | 20 |
| Programs offered | Executive, general MBA, Global MBA |
| Phone number | +44 2075895111 |
| Official Site | https://www.imperial.ac.uk/business-school/ |
| Exams required | GMAT, GRE, IELTS, TOEFL |
Warwick Business School
The full-time MBA program is ranked 6 in the UK by Financial Times 2024. Students have impactful careers of value.
| Address | Scarman Road, Coventry, United Kingdom |
| Year Founded | 1967 |
| Tuition Fees | 53,750 sterling pounds |
| QS Ranking | 36 |
| Programs offered | Executive, general MBA, global online MBA, accelerated |
| Phone number | +44 2476524306 |
| Official Site | https://www.wbs.ac.uk/ |
| Exams required | GMAT, GRE, IELTS, TOEFL |
Alliance Manchester Business School
Students are equipped with challenges, business competitions, and networking. The school is accredited by AMBA, EQUIS, and AACSB.
| Address | Booth St W, Manchester, United Kingdom |
| Year Founded | 1965 |
| Tuition Fees | 48,000 sterling pounds |
| QS Ranking | 49 |
| Programs offered | Executive, general MBA, global executive MBA |
| Phone number | +44 1612756303 |
| Official Site | https://www.alliancembs.manchester.ac.uk/ |
| Exams required | GMAT, GRE, IELTS, TOEFL |
Eligibility for Study MBA in the UK
- Bachelor’s degree or other qualification with a 50 to 60 percent score and excellent academic profile
- Academic transcripts
- Online assessment that is linked after the application
- A competitive GMAT score of 650 or a GMAT score of 600 or above and a GRE score of 160
- 7.5 IELTS score with 7.0 in each band score/ TOEFL score 110
- Cambridge test 191
- Two years of full-time work experience on a CV
- Answers to Personal Essay Questions
- Names and contacts of the Referee
How long is an MBA in the UK?
1-Year MBA in UK
There are many excellent 1-year MBA programs in the UK. Top-ranked ones include London Business School, Saïd Business School, Cambridge Judge Business School, Imperial College Business School, and Warwick Business School. When choosing a program, consider your career goals, budget, and areas of interest. Other factors include program duration, curriculum, faculty, alumni network, and location. By carefully considering these factors, you can choose a program that is right for you.
Cost of Studying MBA in the UK for Indian Students
The living cost in the UK is variable depending on individual lifestyle, location, and circumstances. Manchester, Wales, and Scotland are the UK cities that are relatively affordable.
Tuition Fees
The average Tuition fees range from 44 lakhs INR to 88 lakhs INR (40,000 to 80,000 pounds) in top institutions.
Living Cost
Average Monthly expenditure in the UK is 1,39,139 INR (1256 pounds). MBA in the UK costs for accommodation, food, and other categories are as follows:
| Expense | Cost (INR) |
|---|---|
| Food | 21998 to 43997 (198 to 397 pounds) |
| Accommodation | 54996 to 164987 (496 to 1489) |
| transport | 10999 to 16499 (99 to 148 pounds) |
| Miscellaneous | 10999 to 16499 (99 to 148 pounds) |
Read More: How Much Money is Required for Study in UK?
Affordable MBA in the UK for Indian Students
There are several universities in the UK offering an affordable tuition fee for MBA courses. The fee is much less than the average tuition fee in top business schools.
- London School of Commerce- 6,950 pounds: It is a cost effective program with multiple intakes for convenience for international students.
- Glyndwr University- 11,000 pounds: The MBA program focuses on national and international understanding and business skills.
- Staffordshire University- 11,000 pounds: Students are taught strategies for sustainable business by professional practitioners.
- York St John University- 11,800 pounds: Students are given an enhanced understanding of contemporary business issues and management.
- Leeds Trinity University- 15,200 pounds: MBA students are prepared for a dynamic and successful career in business management.
- University of Bolton- 15,900 pounds: This course equips students with advanced business management skills and professional practices.
- University of Portsmouth- 18,000 pounds: The course has world class support for students and an understanding of international business and financial management.
- University of West London- 18,500 pounds: Students have access to a range of tools, techniques, theories, and learning collaborative communities.
Scholarships for MBA in the UK
Securing a scholarship for study MBA in UK is competitive. MBA Scholarships in UK is based on academic merits, achievements, and skills. These scholarships fund full or partial tuition fees or award an amount of money.
| Scholarship | Value | Criteria |
|---|---|---|
| Skoll MBA Scholarship by Said Business School | 78,510 pounds | Social Entrepreneurship and belief in changing the world |
| The Cambridge MBA Bursaries | 15,000 pounds, 50% Cambridge tuition fee | Leadership, academic performance, professional achievement |
| Cranfield MBA Diversity Scholarship | 10,000 pounds | Diversity, academic and professional potential, minorities |
| Masters in Finance Merit Scholarship | 50% tuition fees In LBS | Leadership, diversity, academic and professional performance |
| Purposeful Leader MBA Scholarship | Full-time tuition fee | Positive Change, enrolled in Birmingham Business School MBA |
| Adara Foundation Scholarship | 50% tuition fees | African National women, GMAT or other academic merit, committed to Africa’s development |
| Oxford Said Future Leaders Scholarship | 40,000 pounds | Career, academic results, leadership, communication, school ambassador |
Jobs and Salaries after MBA in the UK
| Position | Average MBA salary | Job Description |
|---|---|---|
| Consultant | 76 lakhs to 98 lakhs INR | A consultant carries out strategic thinking, helps with your goals, has analytical skills, and advises for a specialization. |
| Finance Manager | 76 lakhs INR | Finance Managers handle profit, finance value, investment, and finance advice. |
| Technology 71 lakhs INR | 71 lakhs INR | MBA in technology graduates are Employed as operations managers and Business analysts in tech firms. |
| Marketing Manager | 76 lakhs INR | Marketing managers perform brand management and strategic operations. |
| HR Officer | 70 lakhs INR | HR Officer supervises employee operations, smooth workplace, performance, orientation, recruitment, and training. |
UK Student Visa and Work Permit
If you match with all of the below criteria, then UK is calling you. Let’s take a look.
- A valid passport
- Travel documentation
- Confirmation of Acceptance of Studies or CAS
- Proof that you have financial resources to fund your living costs and tuition fees during your course.
- ATAS certificate if required
- Full Medical Checkup and Insurance
- Written consent from your sponsor for a scholarship award
- English Proficiency Test
- Passport-size color photographs
Read more in detail: UK Student Visa: Complete Guide
Post Study Work Visa in UK for Indian Students
The eligibility criteria for a Post Study Work Visa are:
- The Student is physically present in the UK.
- A holder of a Student visa or Tier 4 (General) student visa.
- Completed any of the eligible courses for at least 13 months in the UK.
- The student’s university has confirmed the completion of studies with the Home Office.
- Biometric residence permit.
- Confirmation of Acceptance of Studies reference number.
FAQs
What are the main subjects for study MBA in the UK?
The main subjects for most MBA programs in the UK are Finance, accounting, marketing, human resources, Business Management, Entrepreneurship, strategy, and International Business.
Is the UK MBA valid globally?
MBA degrees have high value for UK recruiters. The skills obtained from prestigious UK programs for MBA are recognized globally. In India, an MBA in the UK for Indian Students means a higher salary.
Is an MBA in the UK expensive?
MBA in the UK is one of the costly destinations for international MBA students. The average cost of an MBA in top schools with expert faculty is 36 to 80 lakhs. However, it is a little less costlier than the USA. Some schools and scholarships make the cost affordable. Some affordable programs cost 12,000 to 20,000 pounds.
Is GMAT compulsory for study MBA in the UK?
GMAT is not entirely compulsory, but it is still required in many business schools. Some universities like the University of Oxford don’t require a GMAT. You must check on the official university website.
Is there a 2-year MBA in the UK?
A 2 year MBA is an intensive full-time course in the UK and awards a scholarship mostly. It is full of knowledge without any distractions.
Which MBA is in demand in the UK?
MBA in management, Global MBA, Strategy, and finance are in demand in the UK. favorable immigration policies.
