MBA: The Why, The Whats & The Hows

MBA in London: Best Courses, Requirements, Fees, Scholarships & Jobs for MBA in London

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Rohan Deshmukh
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London is the bustling capital of the United Kingdom having a long-standing reputation as a global trendsetter. With the largest number of international headquarters in Europe and biggest start-up cluster, London is the best place to start or upgrade your career in business and entrepreneurship.

An MBA in London is designed to create future leaders and facilitate advanced learning to cater to the needs and demands of the contemporary business world. Besides, the notable AMBA, EQUIS, AACB accreditations to the top MBA colleges in London speak volumes about their high standards of teaching and learning methods. 

In this blog, we dwell at length about the best MBA colleges and courses in London along with their requirements, MBA in London cost, scholarships, job opportunities and much more.

Table of Contents

Overview of MBA in London 

Before moving on to all the other things, let us first give you a brief overview of how MBA in London actually looks like: 

Type of Degree 

Masters 

Duration 

1-2 years 

Top Specialisations 

Entrepreneurship 

Supply chain management

Business analytics 

Digital marketing 

Tuition Fees for International Students 

GBP 15,000 to GBP 40,000 

(13,65,000 INR to 36,00,000 INR)

Scholarships and Grants

Available 

 

Suggested: 1-Year MBA in UK 

Why Study in London?

Studying abroad is a life-changing decision that needs prior planning and research. Before investing your valuable time and money into any course you must be well aware of the possible importance and career prospects. So, let us begin our discussion by looking at some of the good reasons to study MBA in London:

  • London is an academically rich and diverse city. For instance, the British Library which is a 30 minute walk from London School of Economics houses over 150 million books, with three million new items added to its collection every year
  • The Business Schools in London are highly accredited and internationally acclaimed. London School of Business for instance is rated as the 2nd best business school in Europe by Financial Times European Business Ranking.
  • International students are allowed to work part-time for about 20 hours a week provided they have enrolled in a full-time course. Students can take up both, on-campus and off-campus jobs in London.

Suggested: Top 10 B-Schools in the World 

Top 10 Business Schools for MBA in London

London is home to some if the best business schools in the world that welcome international students from more than 50 countries every year. Let us now have a glance at the top MBA colleges in London:

Business Schools

QS Global MBA Ranking 2022

Average Annual Tuition Fees

London Business School

6

£97,500 - £108,100

(88,00,000 INR)

Imperial College London, Imperial College Business School

21

£48,000 - £51,800

(45,56,000 INR)

City University of London, Bayes Business School

78

£39,150 - £43,300

(36,37,000 INR)

Brunel University London, Brunel Business School

151 - 200

£10,000 - £20,000

(18,18,000 INR)

Hult International Business School

N/A

£10,000 - £47,400

(36,00,000 INR)

University of East London, Royal Docks School of Business and Law

N/A

£15,730 - £29,000

(18,00,000 INR)

University of Greenwich

N/A

£18,500 - £19,500

(19,00,000 INR)

Westminster University, Westminster Business School

N/A

£19,000 - £20,000

(18,00,000 INR)

Kingston University, Kingston Business School

N/A

£13,000 - 24,000

(18,00,000 INR)

University College London, UCL School of Management

N/A

£42,500 - £45,000

(39,10,000 INR)

Suggested: Complete Guide for Pursuing BBA in London

Types of Courses & Specializations for MBA in London

You may choose from plenty of courses for MBA in London depending on your needs and preferences. Here is a list of the most popular MBA courses available in MBA colleges in London:

  • Full-time MBA: It is for the students willing to leave their jobs and dedicate their full time to the weekday classes and studying.
  • Part-time MBA: It is for those wishing to upgrade their career by acquiring managerial skills while still being employed. Also note that the MBA in London fees for part time MBA is lower than the MBA in London cost for full time program. 
  • Executive MBA: Executive MBA in London is designed for experienced and working executives, managers, entrepreneurs, and other business leaders.
  • Global MBA: It aims at providing international business experience to its students. The classes are conducted in different classroom environments, at times different countries and cultures too.

Suggested: Know About Different Types of MBA 

Now that we have covered the MBA courses in London, let us go through some of the best specializations for MBA in London:

Business Analytics

MBA in Business Analytics is a dynamic and practical course that focuses on producing data-driven business leaders for the contemporary business world. The curriculum here is designed to develop critical thinking skills and techniques that can be used to manipulate the data to generate analytics and business solutions.

Popular colleges in London to pursue MBA in Business Analytics are:

Digital Marketing

MBA in Digital Marketing is one of the most sought-after MBA courses in London. It emphasizes the modern digital relationship between the producers and consumers. The program demands strong numerical skills and aptitude for qualitative and quantitative data analysis relevant to business decision-making.

Popular colleges in London to pursue MBA in Digital Marketing are:

Supply Chain Management

The MBA in Supply Chain Management offers specialized knowledge on designing and managing supply chain systems and related logistics. From sourcing the raw materials to ensuring a smooth manufacturing process up to make it available to consumers, the course covers everything. Overall, the course prepares students for dynamic business environments.

Popular colleges in London to pursue MBA in Supply Chain Management are:

International Business

An MBA in International Management in London is designed to provide young professionals with a deeper understanding of worldwide business. The main goal of the program is to cover all the functional areas of management and equip students with a wealth of different perspectives. The curriculum here focuses on global business ideas and skills.

Popular colleges in London to pursue full time MBA London in International Business are:

Entrepreneurship

MBA in Entrepreneurship offers students the opportunity to develop an academic understanding of the current debates in the field of entrepreneurship. It includes review, development and reflection of a range of high-level entrepreneurial capabilities and competencies relevant in all entrepreneurial situations and all types of organisational contexts.

Popular colleges in London to pursue MBA in Entrepreneurship are:

Suggested: Top MBA Specialisations in Demand 

Admission Requirements to Study MBA in London

The needs and requirements for admission for MBA in London vary with the universities and full time MBA London course you choose. Some basic requirements asked by top business schools in London are:

  • Undergraduate Degree
  • GMAT or GRE Score
  • Work Experience
  • Language Requirements
  • Passport & Visa

Let us now take a closer look at the eligibility for MBA in London for international students:

Undergraduate Degree

All applicants must have completed an undergraduate degree from a recognized institute.  A GPA score of 3.0 - 3.5 on a scale of 4.0  or a score of 60 % or higher should be your target for top universities. Original transcripts required.

GMAT or GRE Score

The top universities in London for MBA have made it compulsory for the students to have decent GMAT or GRE scores. The GMAT score varies depending on the type of MBA program and university you choose. The general scores are:

  • GMAT - 650 or above
  • GRE - 160 (Verbal and Quantitative)

Work Experience

Another important requirement to study at the best universities in London for MBA is work experience. Minimum 3 years of professional work experience in the relevant field is a must at the time of application. However, not all universities have it as a mandatory requirement, but it is always preferred.

Suggested: MBA in London Without Work Experience

Language Requirements

The English proficiency test is mandatory for MBA in London for international students. Minimum scores as per the tests are:

  • IELTS – 6.0 - 7.5
  • TOEFL – 110
  • DET - 115 - 125

Passport and Visa

A valid passport and student visa are a must for all international students to study any course at any university in London. Do keep in mind to apply for your visa at least 3 months prior to the expected date of travel.

Suggested: SOP for MBA 

Documents Required For MBA Colleges in London

Admission to the best business schools in London requires a set of documents. Some of the common document requirements are mentioned below:

  • Transcripts of all educational qualifications
  • CV or Resume
  • LOR or Letter of Recommendation
  • SOP or Statement of Purpose
  • Scorecards of IELTS/TOEFL
  • Scorecards of GMAT/GRE
  • Work experience certificate
  • Proof of Funds

Suggested: Everything About Studying in London for International Students

Application Process for Full Time MBA London 

You may complete your application process for MBA in London by following the steps mentioned below: 

  • Finalise the MBA course that you want to pursue and check for the best university offering that course.
  • Visit the official university website and collect all data relating to eligibility and the admission process. 
  • Upload scanned copies of all the required documents (transcripts, CV, IELTS/TOEFL, GMAT/GRE scorecards)
  • Fill the desired application form and pay the fee.
  • Go through an interview with the respective university directors. This is a great opportunity to display your soft skills and presence of mind.
  • Once you receive the conditional offer letter after clearing your interview, you may book your seat at the particular university.
  • Pay your deposit by agreeing to the terms and conditions of the university. The deposit here is non-refundable.

Know More About Studying MBA Abroad 

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MEM vs MBA Abroad 

MBA in London Without GMAT and Work Experience

Amongst the basic requirements to study MBA London a decent GMAT score is of utmost importance. As it has been mentioned, the desired GMAT score for the top MBA courses in London is 600 and above. But do you know, there are colleges where you can study MBA in London without GMAT? The same applies for work experience too. But the question that arises here is: How?

Whether you wish to omit the GMAT or work experience, the best way to crack the college of your dreams is to strengthen the other requirements. For instance, for MBA in London without work experience, you may aim for a high score in your GMAT or GRE, or perform exceptionally well in your undergraduate studies. A well-crafted Statement of Purpose or Letter of Recommendation will also enhance your chances of getting selected for the best MBA in Australia.

List of colleges for MBA in London without GMAT are:

  • Hult International Business School
  • Middlesex University
  • Westminster University

List of colleges for MBA in London without work experience are:

  • West London College
  • University of West London
  • Westminster University

Cost of MBA in London

Being one of the most modern and promising cities in the world, studying in London for international students requires a considerable financial investment, and therefore the MBA in London cost can be estimated as a tad bit high. But it is definitely worth every penny to pursue an MBA in London.

Let us now have a look at the MBA in London fees and living expenses for international students:

Tuition Fees

The MBA in London fees vary across universities and courses. The overall tuition fee for public universities is comparatively less than that of private ones. On average, the cost of studying MBA in London ranges from £10,000 to £50,000. However, you must check the official university websites for the exact information.

Suggested: Cost of MBA in Europe 

Cost of Living

Your lifestyle determines the cost of living in London as an international student. One of the best ways to manage your finances is to plan your expenses wisely beforehand. An estimate of all the basic living expenses in London are mentioned below:

Particulars

Cost Per Month

Accommodation

£874 (80,000 INR)

Food

£260 (23,000 INR)

Transportation

£114 (10,300 INR)

Leisure

£183 (16,641 INR)

Miscellaneous

£150 (13,640 INR)

Suggested: Top 10 Universities in London for an Outstanding Career

Scholarships for MBA in London

Acquiring a well-funded scholarship is one of the best ways to fund your education abroad. London is no exception here. There is a wide range of scholarships available for an MBA in London. Most of them are offered by universities and some others are funded by the government or through private schemes. Some popular scholarships international students can apply for MBA in London are:

Scholarship Name

Awarded to/ Benefits

Deans Impact Scholarship

  • Outstanding students applying for full-time MBA at Imperial College Business School before the final admissions round deadline.
  • Amount/Benefit:  £25,000

London Business School Fund Scholarships

  • All successful MBA applicants at London Business School with professional merit and the ability to contribute to all aspects of the MBA programme.
  • Amount/Benefit: Upto full tuition fees

The 30 Percent Scholarship EMBA

  • Meritous women candidates applying for the September 2022 Executive MBA at London Business School.
  • Amount/Benefit: 20% to full tuition fees

Imperial Excellence Scholarship

  • MBA applicants at Imperial College Business School demonstrating academic merit and strong leadership potential.
  • Amount/Benefit: Upto £15,000

MBA Health Future Leaders Scholarships

  • Exceptional students applying to the MBA Health program at Global Business School for Health under University College London.
  • Amount/Benefit: Upto £15,000

Suggested: Popular MBA Scholarships Abroad 

Job Opportunities After MBA in London

One of the major reasons for pursuing an MBA in London is to enhance one’s career prospects. London indeed is a promising city in terms of job opportunities, particularly for MBA graduates. Some popular jobs and their average salaries after MBA in London are mentioned below:

Job Title

Average Annual Salary

Senior Product Manager

£53,000 - £99,000

HR Manager

£27,000 - £55,000

Senior Business Analyst

£39,000 - £80,000

Business Consultant

£35,000 - £97,000

Financial Analyst

£23,000 - £53,000

Suggested: Jobs After MBA Abroad 

An MBA in London is a prestigious degree that holds a global reputation. Apart from the top-quality education, research and training, graduates from the top MBA colleges in London pave the way for a successful career in the field of business, management and entrepreneurship. For more insights into pursuing the top MBA in London for international students, do get in touch with our counselors at Yocket.

 

Frequently Asked Questions About MBA in London

Is MBA in London good?

Do you need work experience to study at the top MBA colleges in London?

What is the cheapest MBA in London for international students?

What are the academic eligibility criteria to study MBA in London for International students?

What are the universities that offer 1 year MBA in London?

Can I pursue MBA with an IELTS score of 5.5?

What are some top MBA colleges in London without work experience?

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