MBA in UK is a 12-21 months program costing between 31,450 GBP to 87,900 GBP (approx 29 Lakhs to 81 Lakhs INR). Around 130 business schools in UK offer MBA programs. What’s more interesting is that MBA in UK requirements are less stringent than Canada and USA. If you have an academic score of 65%, you are eligible to apply to the majority of MBA colleges in UK.
Furthermore, there are options for you to pursue MBA without GMAT score which is considered to be a significant admission requirement. Since the investment made for pursuing MBA from the best business schools in UK is high, expectations of salary returns are also higher. Students applying for jobs after MBA in UK can receive an annual package of up to 100,000 GBP (~97 lakhs INR ).
MBA Universities in UK
Top MBA Universities in UK
Let’s begin by discussing some of the top-ranking universities in UK offering an MBA program. Tabulated below are the top business schools in the UK based on QS Global MBA Rankings 2022:
University | Program | Admission Deadline |
---|---|---|
University of London | Full-Time MBA | Round 2- January 6, 2023 |
Oxford University | Full-Time MBA | Round 3: January 4, 2023 |
University of Cambridge | Full-Time MBA | Round-3- January 9, 2023 |
Imperial College London | Full-Time MBA | June 30, 2022 (Closed) |
University of Warwick | Full-Time MBA | Round 2: 15 January 2023 |
University of Manchester | Full-Time MBA | Round 3: 27 November 2022 (Closed) |
Heriot-Watt University | Full-Time MBA | May Intake: 15 April, 2023 |
Cranfield University | Full-Time MBA | No official deadline |
City, University of London | Full-Time MBA | Round 3: 08 January, 2023 |
Durham University | Full-Time MBA | Round 2: 23 January, 2023 |
Lancaster University | Full-Time MBA | June 30, 2022 (Closed) |
University of Southampton | Full-Time MBA | 6 weeks before the start of the course |
Leeds University | Full-Time MBA | 1 March 2023 |
Nottingham University | Full-Time MBA | 26 January, 2023 |
Aston University | Full-Time MBA | 31 August 2022 (Cosed) |
MBA specializations in UK
MBA Specializations in UK
MBA in finance in UK
University | Program | Annual Fees in GBP |
---|---|---|
University of Edinburgh | MBA in Finance | 35,900 GBP |
University of Nottingham | MBA in Finance | 28,000 GBP |
Bangor University | MBA in Finance | 20,205 GBP |
Heriot-Watt University | MBA in Finance | 21,468 GBP |
Nottingham Trent University | MBA in Finance | 21,500 GBP |
MBA in marketing in UK
University | Program | Annual Fees in GBP |
---|---|---|
Bangor University | MBA International Marketing | 17,800 GBP |
Coventry University | MBA International Marketing | 20,500 GBP |
University of Bedfordshire | MBA Marketing | 15,400 GBP |
Edge Hill University | MBA Marketing | 14,500 GBP |
University of Sunderland | MBA Marketing | 15,000 GBP |
MBA in HR in UK
University | Program | Annual Fees in GBP |
---|---|---|
Coventry University | MBA International Human Resource Management | 20,100 GBP |
University of Bedfordshire | MBA in HR | 15,400 GBP |
Edge Hill University | MBA in HR | 17,048 GBP |
University of Sunderland | MBA in HR | 15,000 GBP |
MBA in Entrepreneurship in UK
University | Program | Annual Fees in GBP |
---|---|---|
University of East London | MBA Entrepreneurship | 33,480 GBP |
Durham University | MBA Entrepreneurship | 35,000 GBP |
Sheffield Hallam University | MBA Cooperative Leadership and Social Entrepreneurship | 15,540 GBP |
Amity University, London | MBA Entrepreneurship | 15,000 GBP |
MBA Healthcare Management UK
University | Program | Annual Fees in GBP |
---|---|---|
Anglia Ruskin University | MBA Healthcare Management | 23,200 GBP |
University of Bedfordshire | MBA Hospital and Health Services | 15,400 GBP |
York St John University | MBA Healthcare Management | 10,800 GBP |
Brunel University London | MBA Healthcare Management | 24,995 GBP |
Coventry University London | MBA Global Healthcare Management and Leadership | 20,500 GBP |
MBA in UK Eligibility
MBA in UK Eligibility
It is noteworthy that mere fulfillment of the minimum criteria for eligibility does not ensure admission to MBA courses with top B-schools in the UK. Competitive scores and leadership and management skills depicted through LORs, SOP, Personal Statements, and Resumes build up your overall application package. For pursuing an MBA degree from UK, the general eligibility criteria for most of business schools are briefed below:
- Academic Requirements- A UG degree with 2:1 qualification equivalent to 50-60% (some schools may ask for higher scores).
- GMAT Score- Required for most schools 600+ (minimum) Average for 2019 Class of various B-schools 640-730.
- Work Experience- Not always mandatory, but preferred 2 years (minimum) 5-6 years (average for 2019 class of various B-schools)
- Language Proficiency- International students are required to show an IELTS score of 6.5+ or a TOEFL iBT score of 95+.
- Letters of Recommendation- 1 to 3 Preferably professional or from supervisor In case only 1 LOR is required, aGBP emic LOR is not accepted.
- Statement of Purpose/ Essay- 500 words personal statement/SOP covering questions like short & long-term career goals, how will MBA equip you for a future, describing one teamwork experience, and why you chose the program.
- Visa- A student visa to pursue an education in the UK. For students seeking full-time higher education in UK, Tier 4 UK study visa is applicable.
- Funds- You’ll need to show you have enough money to support yourself with £1,334/month (~ 1,22,004 INR) if staying in london or £1,023/month (~93,560 INR) for courses outside London.
Top UK Universities with Requirements
The MBA requirements in UK is similar for all International students. The Colleges wise requirements for MBA Requirements in UK are given below:
University | GPA Requirement | GMAT Requirement | IELTS score | Work Experience |
---|---|---|---|---|
London Business School | 3.5 | 701+ | 7 | 2 years |
Cambridge Judge Business School | 3.3 | 640-730 | 7.5 | 3 years |
Said Business School | 3.5 | 690 | 7.5 | 2 years |
Warwick Business School | 2 | 660 | 7 | 3 years |
Alliance Manchester Business School | 3.2 | 600 | 6.5 | 3 years |
UK Student Visa
Upon receiving the acceptance letter from one of the universities, students will be required to apply for a UK student visa. A tier-4 visa is required for courses with a duration beyond six months. UK student visa processing time is around 3 weeks and may take longer in peak time.
Students planning to study in the UK must apply for the student visa at least three months prior to the course start date to allow sufficient time for visa processing. To procure a UK student visa, the following requirements must be met:
- Passport details
- A recent passport size photograph
- Acceptance letter from a recognized UK institution
- Certificate of English language proficiency
- Proof of sufficient funds: 1,015 GBP (outside London) or 1,265 GBP (London)
- Proof of funds can be demonstrated with the help of bank statements, loan statements, or scholarship letter
Having discussed the eligibility criteria and the admission requirements, now let us look at the expenses you will be made when planning to study masters in the UK.
MBA in UK without IELTS & GMAT Scores
MBA in UK without IELTS & GMAT Scores
There are MBA programs in UK that do not require the GMAT or IELTS. However, each university will have its own set of admission criteria. Some of the universities where international students without IELTS can study MBA in the UK:
MBA Universities in UK without GMAT:
- The University of Reading
- The University of Central Lancashire
- Birmingham City University
- Middlesex University
- Lancaster University
- Durham University
- Cranfield University
- The University of Warwick
MBA Universities in UK without IELTS:
- Lancaster University
- University of Reading
- University of Lancashire
- Birmingham City University
- Middlesex University
MBA in UK Cost
MBA in UK Cost
It is common that with increased popularity, the cost of an MBA in UK will be higher. International students make decisions consciously in choosing the best business school. The students have to manage finance as per requirements in different fields like UK student Visa application, application fees, and travel tickets. Post-arrival cost includes tuition fees and the cost of living while studying. The cost of attendance for an MBA in UK includes the entire tuition fees incurred by the students along with the cost of living in the UK till completion of the course.
MBA in UK for Indian Students Fees
University | Annual Tuition Fee in GBP | Annual Tuition Fee in INR |
---|---|---|
The University of Manchester, Manchester | 72,149 GBP | INR 58,12,229 |
University of Cambridge, Cambridge | 69,330 GBP | INR 55,85,160 |
University of Warwick, Coventry | 67,930 GBP | INR 54,72,724 |
Cranfield University, Bedford | 60,660 GBP | INR 48,86,649 |
Durham University, Durham | 50,090 GBP | INR 40,35,141 |
University of Strathclyde, Glasgow | 49,680 GBP | INR 40,02,545 |
Lancaster University, Lancaster | 48,330 GBP | INR 38,93,406 |
University of Southampton, Southampton | 41,865 GBP | INR 33,72,613 |
Brunel University, London | 37,510 GBP | INR 30,22,121 |
University of Leeds, Leeds | 35,520 GBP | INR 28,61,250 |
Cost of Living
This section highlights the detailed structure of living, meals, and personal expenses of an individual on a monthly basis while his/her stay in the UK. The cost of living will depend on the accommodations opted in UK, lifestyle choices, city one is living in, etc.
Particulars | Average monthly Cost in GBP | Average monthly Cost in INR |
---|---|---|
Rent | 760 GBP to 1,350 GBP | 60,999 INR to 1,08,355 INR |
Food | 230 GBP | 18,347 INR |
Mobile Phone & Internet | 85 GBP | 6,850 INR |
Stationery Items | 50 GBP | 3,669 INR |
Clothing & Laundry | 115 GBP | 9,180 INR |
Transportation (Monthly Pass) | 75 GBP | 5,974 INR |
Miscellaneous | 50 GBP | 3,669 INR |
Also Check: Cost of living in UK
MBA in UK - Cheapest Universities
MBA in UK - Cheapest Universities
heapest MBA in UK for Indian students starts from around 11 lakhs per month. There are 10+ UK universities that charge below 20 lakhs per year for an MBA course.
MBA Universities | Annual Tuition Fee in GBP | Annual Tuition Fee in INR |
---|---|---|
Glasgow Caledonian University, Glasgow | 16,480 GBP | INR 13,27,620 |
York St John University, York | 16,850 GBP | INR 13,57,377 |
University of West London, London | 17,050 GBP | INR 13,73,400 |
London Metropolitan University, London | 18,500 GBP | INR 14,90,322 |
Leeds Beckett University, Leeds | 20,090 GBP | INR 16,18,689 |
London South Bank University, London | 21,660 GBP | INR 17,44,950 |
Teesside University, Middlesbrough | 22,410 GBP | INR 18,05,472 |
University of East London, London | 24,610 GBP | INR 19,82,732 |
University of Greenwich, London | 28,640 GBP | INR 23,07,312 |
MBA in UK Scholarships
MBA in UK Scholarships
International students can apply for various scholarships to study in UK. These scholarships are offered by both universities and the government. Some of the popular government-funded scholarships are the Fulbright Scholarship, Chevening Scholarship, Inlaks Scholarship, etc. Some University-specific MBA scholarships are:
University | Scholarship | Amount (GBP) | Eligibility |
---|---|---|---|
Imperial College London | Imperial Women Scholarship | Variable | Meritorious female candidates with high and well-balanced GMAT |
GMAT Excellence Award | 5350 | Overall GMAT score: 750+ | |
Imperial Business Scholarships | Variable | Meritorious students | |
London Business School | BK Birla Scholarships | Up to full fees | Academic excellence and honoring legacy and values of BK Birla. |
London Business School Fund Scholarship | Up to full fees | Academic and professional merit and the ability to contribute to all aspects of MBA | |
Cambridge Judge Business School | St. Catherine’s Benavitch Cambridge MBA Scholarships | 10,000 | GPA: 3.7 and MBA: 700 |
University of Edinburgh | Victor H. Loewenstein Scholarship | 5000 | Non-UK applicant |
PR after MBA in UK
PR after MBA in UK
You can apply for a permanent residence card in UK after completing 5 full years of a graduate job. To become a permanent resident, the applicant should get the “indefinite leave to remain (ILR) Visa”. A full-time job, good code of conduct and have no criminal record will help in securing the ILR visa in UK.
The application process for an ILR visa can take up to 6 months. The following information is gathered for the ILR:
- Signature
- Name
- Current passport
- 2 passport-size colour photographs
- Digital prints of all the 10 fingers
- Date and Place of Birth
- Present Immigration Status
- Present Studying or Working Status
Job after MBA in UK
Jobs after MBA in UK
International students opt MBA in UK as the right career path for two main reasons. One is a higher return on investment and the other is its short duration. Within a year, the MBA graduate can earn in higher amounts. There are various high-paying jobs in the UK for MBA graduates, some of the top recruiters of MBA in UK graduates are:
- Amazon
- KPMG
- Johnson & Johnson
- HSBC
- Deloitte
- Morgan Stanley
- McKinsey & Company
- Microsoft
Jobs in UK after MBA by Specializations
Specialization | Job Profiles | Average Salary/Year |
---|---|---|
MBA in Banking and Finance in UK | Finance Analyst | Finance Consulting Manager | Leveraged Finance Associate | Financial Management Associate | 45.59 lakhs- 1 crore |
MBA Human Resource Management in UK | Human Resources Manager | Program HR Manager | Practice Economics Manager | Global Development Program Leader | 41.45 lakhs- 75.44 lakhs |
MBA Information Technology in UK | Information Technology Manager | IT Services Manager | Solutions Architect Senior Manager | IT Senior Associate | 27.55 lakhs- 87.25 lakhs |
MBA General Management in UK | Consumer Strategy Manager | Business Development Manager | Risk Management Business Specialist | Senior Manager | 24.87 lakhs- 78.76 lakhs |
MBA Marketing in UK | Equity Portfolio | Business Intelligence Manager | Field Marketing Manager | P&L Controller | 22.96 lakhs- 1.43 Cr. |
MBA in UK Comparison
MBA in UK Comparison
MBA in UK vs MBA in Canada
Parameter | MBA in UK | MBA in Canada |
---|---|---|
Duration | Between 12 months to 21 months | Between 12 months to 24 months |
Average tuition fees | 68,413 USD/year | 33,000 USD/year |
Cost of living | USD 1,500- 2500 per month | USD 1500-2000 per month |
Financial Support | Scholarships, fellowship, loan, work-study | Scholarships, fellowship, loan, work-study |
Visa | Tier 4 UK Student Visa | Study-permit |
Average salary | USD 72,400- 90,000 | USD 87,000- 90,000 |
Top Specialisations | General Management, Marketing, Human Resources, Entrepreneurship | Finance, Business Analytics, Supply Chain Management, Health Science |
Exams accepted | GMAT- Average 550 | GMAT- Average 550 |
English language proficiency tests | IELTS- average 6.0 | TOEFL iBT- average 80 | IELTS- average 6.5 | TOEFL iBT- average 90 |
MBA in UK: FAQs
MBA in UK: FAQs
Ques. Is MBA In UK Worth It?
Ans. Over the last few years, the UK has emerged as one of the most popular study-abroad destinations for Indian students seeking to pursue an MBA. Some of the advantages of pursuing MBA from UK are:
- Shorter Course Duration- In comparison to other countries, where the MBA program usually is of two years, duration of MBA in UK is of 1 year.
- Economical Tuition Fees- Due to the short course duration, tuition fees for MBA in the UK are significantly lower. There are also a number of affordable colleges in the UK that offer MBA programs with lower tuition fees.
- Quality Education- There are 10 MBA Universities in UK ranked in top 100 QS Global MBA Rankings 2022. Some of the best buisness schools in UK are London Business School, Imperial College Business School, Warwick Business School, etc
- Employment Opportunities- Many UK universities and business schools have close connections with industry leaders, allowing students to meet large companies and corporations.
Ques. Is MBA In UK Expensive?
Ans. There are numerous small and private colleges in UK that offer affordable MBA programs to international students. Many of these colleges offer university-affiliated MBA degree programs, making them a low-cost option for international students, with tuition fees starting at around GBP 7,000.
Ques. How Can I Study MBA For Free In UK?
Ans. There are two types of MBA scholarships in UK- internal and external. Internal MBA scholarships are provided by business schools, while external MBA scholarships are provided by other organisations.
External scholarships for MBA in UK:
University-specific MBA scholarships:
- Imperial College London- Imperial Women Scholarship, Imperial Business Scholarships
- London Business School- London Business School Fund Scholarship
- Saïd Business School- Global Leadership Council Scholarship for Women, Business School Foundation Scholarship
- University of Edinburgh- Victor H. Loewenstein Scholarship
Ques. What Are The Requirements For MBA In UK?
Ans. The minimum requirements for a prospective student for MBA in UK are a bachelor's degree, a final IELTS score, a competitive GMAT score, SOP, and a letter of recommendation.
- Academic Requirements- An UG degree with a 2:1 qualification equivalent to 50-60% (some schools may ask for higher scores).
- Statement of Purpose/ Essay- 500 words SOP covering questions like short & long-term career goals, how will MBA equip you for a future, describing one teamwork experience, and why you chose the program.
- Work Experience- Not always mandatory, but preferred a minimum of 2 years. The average work experience of MBA students is usually 5-6 years.
- Letters of Recommendation- Upto 3 Letters of Recommendation from a professional or from a supervisor. In case only 1 LOR is required, academic LOR is not accepted.
- GMAT Score- The minimum required GMAT score for most b-schools in UK is 600. However, average GMAT score for 2021 Class of various B-schools 640-730.
- Language Proficiency Scores- International students are required to show an IELTS score of 6.5+ or a TOEFL iBT score of 95+.
- Visa- A student visa to pursue an education in the UK. For students seeking full-time higher education in UK, Tier 4 UK study visa is applicable.
- Funds- International students are required to have GBP 1,334/month (~ 1,22,004 INR) if staying in london or GBP 1,023/month (~93,560 INR) for courses outside London.
Ques. How Much Does MBA In UK Cost
Ans. The average tuition fee for MBA universities in UK usually ranges from GBP 35,000 to GBP 58,000 i.e 31.79 lakhs to 52.68 lakhs for an Indian student. However, tuition fees at top business schools in UK like London School of Business GBP 97,50.
Ques. How Many Years MBA In UK?
Ans. An MBA program at a UK business school usually takes one-year to complete, but some programs can last for two years and prospective MBA students can also combine study part-time.
Ques. Where To Study MBA In UK?
Ans. Some of the best universities for MBA in UK are mentioned below along with their QS Global MBA Rankings 2022 rankings:
Universities | QS Global MBA Rankings 2022 |
---|---|
University of London | #6 |
Oxford University | #13 |
University of Cambridge | #17 |
Imperial College London | #21 |
University of Warwick | #32 |
University of Manchester | #47 |
Heriot-Watt University | #55 |
Cranfield University | #75 |
City, University of London | #78 |
Durham University | #78 |
Ques. Which MBA Is in Demand In UK?
Ans. MBA in Marketing is one of the most in-demand MBAs in UK. The main reason for the high demand for marketing specialisation in MBA in UK is its role in increasing the market value of the organisation and, as a result, the business's profitability. The following are some of the most common job roles for an MBA in Marketing:
Job Role | Average Salary in GBP |
---|---|
Marketing Manager | 53,269 |
Sales Manager | 50,722 |
Product Manager | 62,231 |
Brand Manager | 50,262 |
Research Analyst | 37,120 |
Ques. Which MBA Specialization Is Best In UK?
Ans. The best MBA specialisation for you will depend on your interests, goals, individual circumstances, and level of experience at the time of application. Some of the MBA specialisations available in the UK are listed below:
Specialization | Universities |
---|---|
MBA in Banking and Finance | University of Greenwich | Bangor University | University of the West of Scotland |
MBA Human Resource Management | Coventry University | University of Sunderland | University of Bedfordshire | Heriot-Watt University |
MBA Information Technology | Liverpool Hope University | University of Cumbria | Bangor University |
MBA General Management | University of Cambridge | University of Edinburgh | University of Warwick | University of East London |
MBA Marketing | University of Greenwich | Coventry University | Nottingham Trent University | University of South Wales |
Ques. Which MBA Has Highest Salary In UK?
Ans. Executive MBA in UK is the highest paying degree with an annual salary of 133,000 GBP. Some of the popular professions available after completing an executive MBA in the UK, as well as their average annual salaries, are listed below:
Job Profile | Average Salary in GBP |
---|---|
Chief Financial Officer | 114,718 |
Management Executive | 100,407 |
Chief Corporate Officer | 87,774 |
Chief Executive Officer | 76,405 |
Client Services Manager | 41,604 |
Ques. Does MBA In UK Require Work Experience?
Ans. Most universities in UK require at least three years of work experience. However, the average work experience of admitted students at MBA universities in UK is 5-6 years. There are also various MBA in UK Without Work Experience:
- Swansea University
- University of Northampton
- University of East London
- Coventry University
- University of Greenwich
- University of Central Lancashire
- Staffordshire University
- University of Sunderland
- Teesside University
- Anglia University
- Glyndwr University
- Leeds Beckett University
Ques. Does MBA In UK Require GMAT?
Ans. GMAT score required for most business schools in UK is minimum 600. The Average for 2021 Class of various B-schools 640-730. There are certain top-tier business schools in UK that offer waivers or an option to study MBA without GMAT in UK requirements. Some of these are given below:
- University of Central Lancashire
- Birmingham City Business School
- Lancaster University
- University of Reading
- Durham University
- University Of Warwick
- Cranfield University
Ques. Does MBA In UK Require IELTS?
Ans. To secure admission in MBA in UK, international students are required to show an IELTS score of 6.5+. However, there are a few MBA universities in UK that do not require IELTS score for admission:
- Bangor University
- Coventry University
- De Montfort University
- Loughborough University
- Newcastle University
- Staffordshire University
- Swansea University
- University of Bristol
Also Check: UK Universities without IELTS
Ques. Is MBA In UK Worth It?
Ans. An MBA from UK is an excellent long-term career investment. It is without a doubt worth the money. The MBA from UK provides its graduates with a salary buffer, expands and improves their network and networking skills, and qualifies them for a top-level managerial position. Also Check: A Student Guide to the UK
Ques. What Is MBA With Placement Year In UK?
Ans. MBA in UK with placement option allows you to take a placement after successfully completing the taught modules, allowing you to gain relevant experience within an organisation. Some of the UK universities offering MBA with placements are:
- Anglia Ruskin University
- University of Greenwich
- University of East London
- University of Central Lancashire
- University of Sunderland
- Edinburgh Napier University
- University of Northampton
- University of South Wales
- University of Roehampton
- Kingston University
Ques. What to do after MBA in UK?
Ans. According to Business Statistics Briefing Paper, the UK is home to 5.6 million private business organizations, providing high job opportunities in UK for MBA graduates. Mentioned below are the eop MBA specializations in UK along with the job profiles graduates can pursue after them:
MBA Specialization | Job Profiles |
---|---|
MBA in Banking and Finance | Finance Analyst | Finance Consulting Manager | Leveraged Finance Associate | Financial Management Associate |
MBA Human Resource Management | Human Resources Manager | Program HR Manager | Practice Economics Manager | Global Development Program Leader |
MBA Information Technology | Information Technology Manager | IT Services Manager | Solutions Architect Senior Manager | IT Senior Associate |
MBA General Management | Consumer Strategy Manager | Business Development Manager | Risk Management Business Specialist | Senior Manager |
MBA Marketing | Equity Portfolio | Business Intelligence Manager | Field Marketing Manager | P&L Controller |
Ques. Do I get post work visa after MBA in UK?
Ans. The UK government has recently reintroduced the post-study work (PSW) visa, which allows students to stay in the UK for two years after graduating. Previously, international students could only stay for four months. After completing a full-time MBA program, you are exempted from the Resident Labour Market Test. You will, however, need to apply for a Tier 2 work visa.