Apr 22, 2021
The United Kingdom attracts thousands of international students every year and it is the world leader in many areas of education including business, management, and finance.
So, let’s take a look at the various aspects you need to know before you plan to apply for an MBA degree in the UK.
Many high-ranked universities in the UK offer MBA degree programs and as per QS World University MBA Rankings 2023, 11 UK Business Schools rank in World’s Top 100, 15 in World’s Top 140 and 24 in World’s Top 200. So, if you wish to study in UK at a high-ranked Business School you do have quite a few options as you see.
It’s a well-known fact that UK qualifications are internationally valued and recognised. So, if you want to pursue an MBA degree from the UK you will get ample options from some of the world’s best business schools. An MBA degree from the UK will no doubt add a feather to your cap making you professionally eligible for global career prospects.
This is for fresh graduates without any work experience. Checkout the following list of universities in UK to pursue an MBA without work experience:
Students with a Bachelor’s degree and work experience of 2 to 5 years can apply for these MBA courses. Top 100 ranked universities specifically ask for 3-5 years of Managerial experience, while middle or average-ranked universities do not ask for managerial-level experience.
A few universities in the UK where you can check for this MBA option are:
Students who do not have a formal Bachelor’s degree qualification can still pursue an MBA in the UK. The entry requirement for such students is:
The universities and business schools in the UK offer a wide range of specialisations in MBA and you will no doubt find the specialisation of your choice.
Let’s have a glimpse at the most popular MBA specialisations in the UK:
You will be eligible for an MBA course in the UK if you have a three-year bachelor’s degree with 60% aggregate or more. GMAT scores are required by very few universities or business schools in the UK and there are many UK universities offering MBA without GMAT. You may also have to take up English Proficiency tests like IELTS or TOEFL depending on which business school you choose to apply for. However, many UK universities also offer IELTS waivers.
The best part of choosing to study MBA in the UK is that you can finish the degree in one year as most of the business schools in the UK have 1 year MBA programs. But in some schools, the program can last for two years with an internship as well.
The cost of pursuing an MBA degree in the UK can range anywhere between £16,000 to £60,000 per year depending on the type of business school you opt for or get an admit in. You can check out low-cost MBA degrees if you wish the expenditure to be less or be ready to spend more if you wish to pursue your degree from a high-ranked or reputed business school in the UK. The expenses would also depend on the fact whether you are finishing the degree in one year or two years and the place you reside as that’s what counts for your living, accommodation, and other miscellaneous expenses.
UK Business Schools as well as other organizations offer scholarships for international students in UK for pursuing an MBA degree. Merit Scholarships are awarded to students with excellent academic percentages. Need-Based MBA Scholarships are awarded to students who are good in their academic performance but come from a weaker financial background. Select few MBA scholarships are also awarded to students from underrepresented backgrounds. Here are a few scholarships you can check for if you wish to pursue MBA in the UK. Apart from these general scholarships, almost all the universities offer internal Scholarships.
As for any other Post Graduate Degree, a student pursuing MBA can also work 20 hours per week during study time and full-time during holidays. This will help you earn enough to manage your living and accommodation expenses.
According to the current norms, international students are permitted to stay in the UK for a duration of two years after completing their MBA. This Post Study Work Visa allows the graduate to search for jobs during the extended stay.
Apart from the other MBA specializations, online MBA programs in the UK are one of the most sought-after programs for working professionals. Many business schools offer online MBA specializations that are internationally recognized.
If you are planning to pursue your MBA in the UK, we recommend you to connect to KC’s UK Education Experts who will give you the latest and the most updated information regarding MBA in the UK and will guide you in the right direction be it for the choice of the right university, business school, right program, or funding options.
KC Overseas Education is one of the best study abroad consultants in India, Sri Lanka, Nepal, Bangladesh and now in Vietnam as well. Connect to our experts in person or online and get all your queries resolved. They’re just a call away.
Q1- What are the common types of MBA degrees in the UK?
Answer – Some of the common types of MBA Degrees are Freshers MBA, MBA for Students Having Work Experience, and Mature Entry MBA.
Q2 – What are the Popular MBA Specializations in the UK?
Answer - Some of the most popular MBA specialisations in the UK are Human Resource Management, International Business, Entrepreneurship, Finance, Healthcare, Data Analytics, Information Systems, Project Management, and Sports Management.
Q3 – What are the general eligibility criteria for an MBA course in the UK?
Answer – To be eligible for an MBA course in the UK you need to have a three-year bachelor’s degree with a minimum of 60% aggregate.
Q4 – How much will it cost to pursue an MBA degree in the UK?
Answer - The cost of pursuing an MBA degree in the UK can range anywhere between £16,000 to £60,000 per year.
Q5 – Which are the Popular scholarship options for international students in the UK for pursuing an MBA degree?
Answer – Some of the popular scholarship options are GREAT Scholarships, Commonwealth Scholarship and Fellowship, Vice Chancellors Award, UG/PG Excellence Award, Charles Wallace India Trust Scholarships, Chevening Scholarship, and Scotland’s Saltire Scholarships.