An MBA in the UK is a game-changer, but the big question remains: how much can you actually earn after an MBA in UK?
With salaries ranging between £50,000 and £120,000 per year (₹55.48L–₹1.33Cr), factors like job role, industry, and location play a crucial role in determining earnings.
A management consultant earns between £43,000 and £112,000 (₹47.72L–₹1.24Cr), while a finance manager can make between £36,000 and £70,000 (₹39.95L–₹77.68L).
Wondering which roles and industries pay the most? And how much more can you earn in cities like London? Let’s explore the complete salary breakdown after an MBA in the UK.
Key Highlights:
- The average MBA salary in the UK ranges between €80,000 - €150,000 (INR 70 lakh - INR 1.32 crore).
- Management consulting and product management offer the highest MBA salaries in the UK, with earnings exceeding £100,000 (INR 1.11 crore) at senior levels.
- Consulting and finance industries offer the highest MBA salaries exceeding INR 1 Cr on average.
- Salaries are generally higher in London and other metropolitan hubs.
- The cost of studying for an MBA in the UK ranges between GBP 30,000 and GBP 80,000 (INR 27 lakh - ₹73 lakh).
What is the Average Salary of an MBA Graduate in UK?
The average salary for an MBA graduate in the UK is between €80,000 and €150,000, which is approximately ₹70 lakhs to ₹1.3 crores annually.
Yep, you read that right!
And this isn’t just limited to a few select roles—graduates from top MBA universities in the UK are finding success across industries like finance, marketing, operations, and even consulting.
Check out the MBA salaries after getting placed in the top UK B-Schools:
|
Name of University |
Average MBA Salary (GBP) |
Average MBA Salary (INR) |
Tuition Fees (GBP & INR) |
|---|---|---|---|
|
London Business School |
£72,000 |
₹72 lakh |
£109,700 (~₹1.1 crore) |
|
Judge Business School |
£83,000 |
₹83 lakh |
£70,000 (~₹70 lakh) |
|
Said Business School |
£72,000 |
₹72 lakh |
£71,500 (~₹71 lakh) |
|
Cass Business School |
£81,000 |
₹81 lakh |
£47,000 (~₹47 lakh) |
|
Manchester Business School |
£110,000 |
₹1.1 crore |
£44,000 (~₹44 lakh) |
|
Warwick Business School |
£85,000 |
₹85 lakh |
£51,200 (~₹51 lakh) |
|
Imperial College Business School |
£85,000 |
₹85 lakh |
£61,500 (~₹62 lakh) |
MBA Salary in UK: Role-Specific Insights
Wondering what job opportunities are available in the UK after completing an MBA? Well, there are plenty of job opportunities available, depending on the specialisations or courses you have studied.
Salary after MBA in the UK ranges from €80,000 - €150,000 (INR 70 Lakh to 1.3 cr) annually based on the job profile and type of MBA specialisation.
Enlisted below is the MBA salary in UK for various job profiles:
|
Job Profile |
Average MBA Salary in UK (in Euros & INR) |
|---|---|
|
Business Development Manager |
74,102 (INR 65 Lakh) |
|
Operations Manager |
77,362 (INR 67 Lakh) |
|
Marketing Manager |
70,938 (INR 62 Lakh) |
|
Project Manager |
68,960 (INR 60 Lakh) |
|
Planning Director |
70,000 (INR 61 Lakh) |
|
General Manager |
78,285 (INR 68 Lakh) |
MBA Salary in UK: Industry-Specific Insights
The MBA salary in the UK per month depends upon the specialisation you have selected. Here we have discussed the top 5 popular jobs for an MBA in the UK along with some possible job opportunities in the field.
1. Finance
One of the most well-liked industries in the UK that pays well after earning an MBA, is finance. An MBA in Finance in the UK opens doors to lucrative career opportunities, making it a top choice for individuals aiming for high-paying roles in finance.
The financial department is primarily in charge of assessing the needs and objectives related to finances and developing an investment plan that will benefit the business. To manage and monitor the company's finances, almost all large corporations and companies constantly seek out financial consultants.
In the UK, a finance manager's average yearly salary is €76,000 (INR 66,78,652), which shows how the MBA salary in the UK can be quite high in this field.
|
Job Title |
Average MBA Salary in UK per year (in Euros & INR) |
|---|---|
|
Financial Analyst |
54,846 (INR 48,19,701) |
|
Finance Officer |
37,094 (INR 32,59,709) |
|
Financial Controller |
99,804 (INR 87,70,476) |
Source: Reed
2. Operations
Creating, implementing, and reviewing the organization's operational policies and procedures is the responsibility of an operation manager. They support good morale and top achievers, which helps to promote the business culture. Their primary clients are the company's senior stakeholders. The following lists some of the responsibilities of an operation manager along with an average compensation for each. The following lists some of the top job profiles in Operations along with an average compensation for each, including insights into the MBA salary in the UK, which can significantly impact earning potential in this role.
|
Job Title |
Average MBA Salary in UK per year (in Euros & INR) |
|---|---|
|
Operations Manager |
77,362 (INR 67,98,340) |
|
Research Analyst |
55,100 (INR 48,42,022) |
|
Commercial Manager |
53,866 (INR 47,33,582) |
Source: Reed
3. Marketing
After earning an MBA in the UK, one of the highest-paying jobs is marketing. A marketing manager works with the departments of sales, finance, production, and public relations to coordinate marketing plans. They are primarily in charge of the organization's branding, advertising, and promotional efforts. Other marketing job titles, besides marketing manager, are listed below.
|
Job Title |
Average MBA Salary in UK per year (in Euros & INR) |
|---|---|
|
Product Specialist |
49,073 (INR 43,12,388) |
|
Communications & Marketing Manager |
64,365 (INR 56,56,203) |
|
Sales Manager |
70,542 (INR 61,99,019) |
Source: Reed
4. Business Analytics
These days, one of the most sought-after employment categories is Business Analytics, no? To enable the business to make sound judgments and conclusions, statistical analysis must be done methodically. A business analyst's duties include developing analytic models and spearheading data-driven analysis. Below is a list of several job titles in the UK that fall within this category.
|
Job Title |
Average MBA Salary in UK per year (in Euros & INR) |
|---|---|
|
Business Strategist Analyst |
75,375 (INR 66,23,728) |
|
Business Application Analyst |
79,438 (INR 69,80,773) |
|
Business & Data Analyst |
55,407 (INR 48,69,000) |
Source: Reed
5. Human Resource
The company's human resources department ensures that every activity adheres to local, state, and federal regulations. They are also in charge of managing projects and benefit plans for staff members.
Pursuing an MBA in HR in the UK equips professionals with the skills needed for such responsibilities. In the UK, the average yearly compensation for a human resource manager is around €54,900 (INR 48,24,447).
|
Job Title |
Average MBA Salary in UK per year (in Euros & INR) |
|---|---|
|
Human Resources Specialist |
60,942 (INR 5,35,54,000) |
|
Human Resources Coordinator |
50,003 (INR 43,94,113) |
|
Human Resources Officer |
64,953 (INR 57,07,874) |
Source: Reed
MBA Salary in UK: Location-Specific Insights
Did you know your MBA salary in the UK could vary significantly based on where you work? That’s right—location plays a huge role in determining those paycheck digits. Yes, your paycheck can look very different in London compared to Leeds, and it’s not just about the numbers—it’s about what those numbers mean for your lifestyle.
Now, let’s talk specifics. If you’re aiming for London, expect a juicy salary in finance or consulting, but don’t forget the rent that comes with it. Meanwhile, cities like Glasgow or Manchester might offer slightly smaller salaries, but they balance it out with a lower cost of living and more laid-back vibes.
Let's look at which industry pays the highest in the UK:
|
City |
Key Industries |
Average Salary (GBP) |
Average Salary (INR) |
|---|---|---|---|
|
London |
Finance, Consulting, Tech |
£90,000 |
₹90 Lakh |
|
Manchester |
Media, IT, Manufacturing |
£85,000 |
₹85 Lakh |
|
Birmingham |
Healthcare, Finance, Retail |
£78,000 |
₹78 Lakh |
|
Edinburgh |
Banking, Renewable Energy, Tourism |
£75,000 |
₹75 Lakh |
|
Glasgow |
Education, Technology, Construction |
£72,000 |
₹72 Lakh |
|
Leeds |
Financial Services, IT, Legal |
£70,000 |
₹70 Lakh |
List of Companies Offering High MBA Salaries in the UK
After completing an MBA program in the UK, you may expect to have an excellent career and employment outlook. Furthermore, prestigious firms hire recent graduates and provide an attractive starting wage to MBA holders.
Some of the top companies hiring MBA graduates in the UK are:
|
Company |
Average Salary (GBP) |
Average Salary (INR) |
|---|---|---|
|
Bain & Company |
£120,000 |
₹1.2 crore |
|
JP Morgan Chase |
£115,000 |
₹1.15 crore |
|
HSBC |
£100,000 |
₹1 crore |
|
Barclays |
£110,000 |
₹1.1 crore |
|
FTI Consulting |
£105,000 |
₹1.05 crore |
|
Accenture |
£95,000 |
₹95 lakh |
|
Lloyds Banking Group |
£92,000 |
₹92 lakh |
|
Santander |
£88,000 |
₹88 lakh |
|
Oliver Wyman |
£125,000 |
₹1.25 crore |
|
Ernst & Young (EY) |
£90,000 |
₹90 lakh |
The competition to get into these companies is tough, but with the right skill set and networking, you’ll be putting these numbers on your offer letter before you know it!
How to Find a Job After an MBA in the UK?
If you have finished your MBA coursework and the college placement assistance did not result in job placement for you, you can choose to look for a job through an array of channels. Among these, networking and advertising are the most prevalent. While 85% of graduates find work within three months of graduation, the majority of students can secure employment immediately following their MBA in the UK.
Here are a few of the best job search sites in the UK where you may locate jobs following an MBA:
- Just London: This online job portal can give you information about the job vacancies available exclusively in London.
- Top Jobs: It is also considered among the UK's top general job board websites where job seekers can search for jobs based on their industry or specialisation.
- The Guardian: It helps the graduates find information about the available employment based on the industry, job location, and salary for an MBA in the UK.
Is an MBA from the UK Worth the Cost?
Yes, an MBA from the UK can be absolutely worth the cost!
With starting salaries for MBA graduates ranging from ₹70 lakh to ₹90 lakh annually and opportunities with top global employers, the payoff can be impressive.
Here’s why it’s worth considering:
- UK MBA programs are typically just one year long, meaning you spend less time out of the workforce and start earning sooner.
- With the UK’s two-year post-study work visa, you have a great window to secure a high-paying job.
- An MBA from the UK is also about gaining global exposure, networking with industry leaders, and getting access to world-class education.
Whether you want to climb the corporate ladder, switch careers, or launch your own venture, the experience and credentials you gain can set you apart.
From the Desk of Yocket
Earning an MBA in the UK will open up some international career options for you. Considering the range of work opportunities following an MBA overseas, many professionals choose this degree as a means of advancing in their respective fields. It is undoubtedly a smart investment to pursue an MBA in the UK, where the average annual income after graduation is between 64,000 and 128,000 euros (INR 56,24,128 - 1,12,48,256). Furthermore, the UK is renowned for its top-notch initiatives and high standard of education.
To learn more about doing an MBA overseas, you can explore the several Yocket Premium services. Get 1:1 guidance in your process of shortlisting and applying to the top business schools in the UK.
