MBA in the UK

Published On: 12 Apr 2011

 | Last Updated On: 26 Mar 2013

Planning to study MBA in the UK? If your answer is yes, your decision will certainly stand you in good stead since you are on your way to getting a qualification that will give you a global edge in the job market. The British education is known for its quality, sophistication and tradition. UK MBA schools, especially the Oxbridge ones, offer a unique experience to the students. Some of the best universities across the globe, for instance, London Business School offer MBA programs which open for the student horizons that are altogether new. Pursuing an MBA in the UK enables students to save time since the course duration of an MBA program in the UK is one year and not 2 years as in the US and Canada.

Eligibility:

Graduation Degree a Prerequisite:

Universities in the UK mostly require applicants to have a 3-year graduation degree as a pre-requisite for admission to an MBA program. Three-year degrees such as Bachelor of Science (BSc), Bachelor of Commerce (BCom) and Bachelor of Arts (BA) are considered same as an ordinary bachelor’s degree in the UK. Several universities require the applicant to have an honors degree, while others insist on a first-class degree from any one of the leading universities in India.

Work Experience:

Most MBA programs in the UK require work experience. MBA programs accredited by the AMBA require work experience of up to 3 years.

GMAT Score:

Several universities recommend that you take the GMAT. They accept the scores as part of the application. However, it’s not a pre-requisite for most business schools in the UK. As a result, only students aspiring to join top schools such as Manchester Business School or London Business School are required to worry about their GMAT scores.

TOEFL/IELTS Score:

Applicants are required by almost every university in the UK to take either the IELTS or TOEFL for joining the MBA program they offer. Even those from English medium schools are required to take the exam.

Application Requirement:

The documents required for applying to the MBA program in a UK university are:

  • Academic Records – mark sheets and transcripts
  • Test score reports
  • Resume
  • Recommendation letter
  • Statement of purpose/application essays

Total Expenses Incurred:

A student pursuing an MBA from a high-cost university in the UK would pay a tuition fee of £12,000–30,000. The average living costs would amount to £7,500 per year. So the annual costs would add up to £19,500 – 37,500. A student pursuing an MBA from a university with a medium ranking would pay a tuition fee of nearly £9,000 – 12,000. So including the annual living costs £7,500 the total cost would add up to £16,500 – 19,500. The more economical private colleges would charge a lesser tuition fee and living costs are likely to be around £5,000 the total annual cost amounting to £12,200–14,000.

Scholarships and Financial Aid:

For pursuing MBA in UK, students mostly do not find any financial aid. Although some universities at times waiver off a part of the tuition fees for some students with exceptional backgrounds. Not a lot of options are available for Scholarships while pursuing MBA in UK. Mostly all students fund their expenses while pursuing MBA from UK.

Click here for other Scholarships available for students seeking to pursue MBA programmes in the UK.

Top Schools:

Some of the top business schools offering MBA Program in UK are :

  • Cambridge University
  • London School of Economics
  • Oxford University
  • Imperial College of London
  • University of Durham
  • St. Andrews
  • University of Warwick
  • University College London
  • Lancaster  Univeristy
  • University of Bath

Job Opportunities:

It is not an easy task for an international student to acquire a job in the UK as the rules and restrictions governing employment of foreign nationals are stringent. However, visa restrictions are now being streamlined to enable students to acquire jobs in the UK. So, students planning to pursue their MBA in the UK can expect bright career prospects after course completion.

Click here to know more  about Study UK | Universities and Colleges | Study Programs Offered | Admission Procedure | Fees

Click here to get answers to  your queries relating to study in the UK

Click here for more information on how to write your statement of purpose

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