MBA in UK

The Complete Guide from A to Z
mba in uk

Overview

MBA in the UK is a trending option for all students, individuals and for working professionals too who are looking for overseas education.

The flexibility offered in courses and the fee structures available are all exciting aspects of pursuing an MBA in the UK.

Do you know what, on an average 30 to 50 thousand euros per year? It varies and even much higher with many factors combined. But truly pursuing MBA in UK can promise you a good return of investment.

If you are looking to pursue it and looking for the right guidance, you are landed in the right page. By the end of our discussion, you will feel completely confident and loaded with lots of accurate information.

MBA Course Duration

Uk is popular for its course design, too. In general, there would be no several options available in terms of course or duration etc, But the UK course structure is perfectly designed and students can choose based on their interests and availability.

  • If you are a graduate, looking for a short-term course, then there is 12 to 18 months course.
  • If you are looking for a long-term MBA course and can invest more time, then you can find 24 to 28 months of course.

In both the course types, you can find online MBAs and even part-time MBAs too.

MBA Course Fees

One of the reasons behind students choosing UK for developing their career is also due to the affordable fee structure options. It will start around 11,000 Euros to 12000 Euros per year and it can go high even upto 50 to 60 Euros per year.

Depending on the university standards, you might can get a seat even at a low level fee too. The fee structure also depends on several factors too like the university standards and the location of university etc.

If it’s near to london or purely london based, you can expect a large fee structure. If it’s northern region of England or near to scotland or wales you can find a medium based fee structure.

The actual London-based colleges will be on the high side, but the chances of return on investment are also high them.

MBA Scholarships

Most of the MBA scholarships are merit-based. Listing down some scholarships options for you:

  • The 30 Percent Club Scholarship
  • The Skoll Scholarship
  • Master in Finance Scholarship for Women
  • London Business School Entrepreneurship Scholarship
  • The Imperial MBA Scholarship
  • The Cambridge MBA Scholarship

These are some scholarship options, but in general by visiting the university portals for that particular course, you can find lot of scholarship options there.
Mostly some universities also provide some waive to students who have good merit in academics.

Types of MBA Courses

The best part about pursuing an MBA in London is the course specifications the universities offer to the students and working professionals.
Below is the list of types of MBA courses and a clear explanation of what they are:

Full-Time MBA

  • For graduate students having 2 years of work experience, at least though it’s not mandatory for all the universities, can choose a full-time MBA.
  • The course duration is for 12 to 18 months if it’s a one-year course. It can be 24 to 28 months if it’s a two-year course.

Part-Time MBA

  • For students who are willing to pursue their MBA in the best universities in UK, but could not able to visit the university every day can go for a part-time MBA.
  • In this, the students can actively engage in their individual work and development along with completing the course. The course duration can start even from 6 months and can vary upto 24 months.
  • The universities offer sufficient flexibility and timing to the students to attend the classes.

Executive MBA

  • For the working professionals, who are keen on polishing their existing skills and can amplify their employee opportunities and value, can pick up executive MBA.
  • While attending their regular work, they can finish up their MBA course in their busy schedule. The course duration can be one year or two years. The course structure is definitely

Online MBA

  • This is the new boom in the overall academic curriculum. Even the best UK universities also do offer online MBA course. The whole academic curriculum is almost same with the regular system with a few modifications.
  • But the entire delivery and discussions will be available in virtual mode.

Graduate MBA Careers

  1. Management in Consultancies
  2. Management in Food and Beverages
  3. Management in Health Administration
  4. Business Analyst
  5. Strategy analyst
  6. Business and operations
  7. Finance manager
  8. Product Manager
  9. Marketing Manager
  10. Supply chain manager

Average Salary for MBA Professionals

The average salary of MBA professionals is truly inspiring and motivating enough to pursue it. The average salary starts from 30 to 50 thousand euros and can go even 90 to 1 lakh euros depending on experience and university.

The course also plays a major role in paychecks. Some courses like digital marketing, strategy, etc will fetch a lot of payroll in UK.

MBA UK Entry Requirements

  • A bachelor's degree or equivalent course
  • A minimum of 2 to 3 years of work experience in the relevant sector is not mandatory for all universities.
  • Some universities will ask for GRE or GMAT scores for admission. Even if it’s not asked, having that score report can be a plus point in scholarship and admission.
  • A score card on English proficiency from any of the tests like IELTS, TOEFL, PTE, etc. Some universities accept Duolingo scores too. Check with the particular university for exact requirements, as some waive off the test, too if their academic score in English is excellent in previous classes.

MBA GMAT Requirements

GMAT or GRE is an important exam for the students who wants to purse higher education in UK. But some universities started giving waive off to GRE or GMAT tests too.

They started giving admissions even without a GMAT scorecard. But the GMAT score is really helpful, especially in interviews, in getting into the right university.

  • Anything above 550 scores is considered a good score on the GMAT
  • The university will set up the respective minimum score required for admission if the GMAT score is mandatory to keep.

Where can I study for an MBA Degree in the UK?

The list of options available to pursue an MBA degree in the UK is numerous.

There are different program types available in the MBA part. Below are the few listed:

  1. MBA in Human Resources
  2. MBA in Finance
  3. MBA in Marketing
  4. MBA in Supply chain
  5. MBA in Business
  6. MBA in Digital Marketing
  7. MBA in International Business
  8. MBA in Health Care
  9. MBA in product development
  10. MBA in General

So, based on the course, understand the following factors first when looking for universities

  1. Tuition Fee Budget
  2. Accommodation Budget
  3. Course duration
  4. Course type
  5. Course name
  6. Previous working experiences
  7. Skills and interests

Now, there are so many good universities in the UK you can start filling up your admission. Let’s see some popular universities in UK.

  1. London Business School
  2. University of Oxford: Saïd
  3. University of Cambridge: Judge
  4. University of Chicago
  5. Imperial College Business School
  6. University of Edinburgh
  7. Warwick Business School
  8. Manchester (Alliance)
  9. Durham University
  10. Cranfield School of Management

FAQ's

Which universities offer waivers for English proficiency tests?

There are many universities that don’t require any English proficiency test if your academic score in English is more than 80 percent.

Check with the university and write mails to the university directly if you have necessary percentage and ask for waive off.

What about the part-time opportunities in the UK while pursuing an MBA in the UK?

As the UK is totally English based, you can find alot of part time job opportunities there. If you are already a working professional, you can easily make 300 to 500 Euros per month.

The part-time job opportunities in the UK are much more than any other.

Is MBA better in the USA or the UK?

The UK is definitely better for an MBA as compared to the USA. The reason is the presence of flexibility options in courses and the rapid employment opportunities in the UK for the MBAs compared to the USA.

Which MBA course is best in the UK?

The top digital marketing, product development and management, data analytics courses are trending in UK. But even the rest courses are also popular and good enough in generating a huge return of investment.

Which MBA is highly paid in the UK?

Whatever the popular universities mentioned here can fetch highly paid job opportunities. If you have work experience added to it, then it would provide you with more.

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