MBA in UK: Top Universities, Fees, Eligibility, Scholarships for MBA in UK in 2022 Image
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MBA in UK: Top Universities, Fees, Eligibility, Scholarships for MBA in UK in 2022

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Yocket Editorial Team
23 mins read
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The UK is one of the most popular study destinations for international students owing to its reputed universities and world-class education. Although universities here offer a plethora of courses, MBA in UK remains a top choice among foreign students. UK is home to some of the best business schools in the world including Saïd Business School, London Business School, Warwick Business School, etc. Therefore,  pursuing MBA in UK for international students can help them get exposure to the finest education, networking opportunities, and a promising career.  So, if you too are interested, we have just the MBA guide you need. In this blog, we cover everything about the program including the cost of studying MBA in UK, best universities, admission process, and more.

In this blog, we cover everything about the UK’s MBA program including the cost of studying MBA in UK, best universities, admission process, job opportunities after MBA in UK for Indian students and more.

  Table Of Contents:

  1. Why Study MBA in UK?
  2. Eligibility Criteria and Admission Requirements for MBA in UK
  3. Documents Required for Applying to MBA in UK Universities
  4. Admission Process for MBA in UK
  5. Cost of Studying MBA in UK
  6. Top 5 Universities for MBA in UK
  7. Top MBA Scholarships in UK
  8. Job Opportunities After MBA in UK
  9. Frequently Asked Questions About About Studying MBA in UK

 

Why Study MBA in UK?

 

Let us start the discussion by understanding why MBA in UK for international students is a wonderful choice.  Here are some top benefits of studying MBA in UK:

  • High-Quality Education: The MBA universities in UK maintain a high standard of teaching and research. The education system for MBA in UK is regularly graded and evaluated by experts to ensure that the set benchmark is met. The faculty members are highly experienced with years of experience in their field.
  • Duration of the Program: An important reason for its popularity is the MBA duration in UK, which is one year. The 1 year MBA in UK is very rewarding, money-saving and time-saving for the students.
  • Diverse Specializations: Compared to American business schools, an MBA in UK comes with a varied range of electives and specializations to choose from. The curriculum planners continuously strive to add more topics to the course by keeping track of the existing market.
  • Career Counselling Services: Many business schools for MBA in UK offer full-time career services to their students. They help the students in realizing their interests and enhancing their potential in their respective fields. Career counselors also guide students to strengthen their CV and explore possible prospects in the area of their interest.
  • Work while Studying: While pursuing MBA in UK, you may engage in different part-time jobs or internships to develop your skills. In some colleges they are part of the MBA program too. The exposure and work experience make your CV stand out for future job opportunities.  

Suggested: Jobs and Salary After MBA in UK


So that was all about the benefits of studying MBA in UK for international students. Let us now move on to the eligibility criteria for MBA UK:

Eligibility Criteria and Admission Requirements for MBA in UK

The needs and requirements for MBA admission in UK depend upon the university you choose. Some basic requirements for 1 year MBA in UK by top universities are:

  • Undergraduate Degree
  • GMAT/GRE score
  • Work Experience
  • Language Requirements
  • Passport & Visa

Let us now take a closer look at the requirements and eligibility for MBA in UK for Indian 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.

GMAT or GRE Score

The top universities in UK 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 score requirements are:

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

Work Experience

One of the top MBA requirements UK 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 a mandatory requirement, but it is always preferred.

RECOMMENDED: Is it possible to pursue MBA in UK without work experience?

Language Requirements

The English proficiency test is mandatory for all international students to pursue MBA from UK. Minimum scores as per the tests are:

Passport and Visa

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

Documents Required for Applying to MBA in UK Universities

Admission for MBA in UK requires you to produce a set of documents. Some of the common document requirements are mentioned below:

  • Transcripts of all educational qualification
  • 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
  • A write-up describing your intention behind opting to study MBA in UK. Do also include your specific area of interest and any prior achievements you have.

Now that we have discussed MBA requirements UK, let us understand the admission process:

Admission Process for MBA in UK

A step by step guide to apply for MBA in UK is as follows:

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

Let us now discuss MBA in UK cost:

Cost of Studying MBA in UK

The overall MBA in UK cost depends upon the UK MBA fees that your university charges and lifestyle you choose. The costs further may be divided into two parts: Tuition fees and cost of living.

Tuition Fees

UK MBA fees differ between universities.  The fee also depends upon the course type or specialisation you choose. On average the UK MBA colleges fees range between £40,000 to £1,00,000 on yearly basis.

Cost of Living

The cost of living in UK depends upon your lifestyle and preferences. An estimated cost per year for international students is £1,215 - £1,715 per month. It covers all amenities like housing, food, travel, stationery, recreational activities, etc.

SUGGESTED: A complete breakdown of the costs of living in UK for international students

Since you are now aware of the requirements and cost of MBA, let us now look at the top universities in UK that offer the best programs-

Top 5 Universities for MBA in UK

The UK is home to some of the top universities and business schools in the world. They offer programs and facilities to bring out the best in students. Be it academics, research, or practical training, the MBA universities in the UK have it all.

Here is a list of the top MBA Universities in UK:

  1. Oxford University, Said Business School
  2. Cambridge University, Judge Business School
  3. Imperial College Business School
  4. The University of Edinburgh
  5. University of Manchester, Alliance Manchester Business School

Let’s take a look at these business schools one by one:

Oxford University, Saïd Business School

An MBA from Saïd Business School is a prestigious degree that is offered with a view to producing global world leaders. The 1-year program here consists of an intensive series of theoretical teachings, seminars, and group projects. At Saïd Business School, the Executive MBA programme is well equipped for the learners to think logically and independently while engaging in various intensive and challenging experiences.

QS World Ranking 2022

2

QS Global MBA Ranking 2022

13

Average Fees Per Year

MBA - £65,520

Executive MBA - £98,590

Cambridge University, Judge Business School

Cambridge Judge Business School believes in transforming individuals, organisations and society. The MBA programme here is based on up-to-date thinking from academia and professional practice. It focuses on equipping the learners with both theoretical and experimental learning. Overall, CJBS is a powerhouse for inspiring and researching while adhering to the practical needs of the market. 

QS World Ranking 2022

3

QS Global MBA Ranking 2022

17

Average Fees Per Year

MBA - £61,000

Cambridge Executive MBA - £75,800

Global Executive MBA - £86,600

Imperial College Business School, Imperial College London

The Imperial College Business School offers advanced MBA programmes that are designed to produce leaders for the technology-driven world. As one of the world’s leading business schools, Imperial College Business School offers various full-time and part-time MBA programmes. The advanced curriculum opens doors to endless opportunities for the learners in the field of business, management and entrepreneurship.

QS World Ranking 2022

7

QS Global MBA Ranking 2022

21

Average Fees Per Year

Full-Time MBA - £57,200

Executive MBA - £61,500

Weekend MBA - £50,900

Global Online MBA - £41,350

The University of Edinburgh

The MBA programme at University of Edinburgh is based on three pillars - Strategic Leadership, Professional Development, and Personalized Approach. All the three aspects when combined together in the curriculum produce the best MBA professionals. There is also a personalized coaching programme that is part of the MBA at University of Edinburgh. It provides extra training to the students to become the best in their field.    

QS World Ranking 2022

16

QS Global MBA Ranking 2022

55

Average Fees Per Year

Full-Time MBA - £35,900

Part-Time Executive MBA - £34,700

University of Manchester, Alliance Manchester Business School

Established in 1965 as one of the UK’s first two business schools, Alliance Manchester Business School is a part of the prestigious University of Manchester. The MBA programme here creates and implements leadership development plans and helps set a vision for the students in terms of their future endeavors. Students become better leaders, team players and individuals who are committed to developing themselves and others.

QS World Ranking 2022

27

QS Global MBA Ranking 2022

47

Average Fees Per Year

Full-Time MBA - £46,000

Global MBA - £30,000

Global Executive MBA - £39,500

Kelley Manchester Global MBA - £65,000

These and other top universities in UK offer MBA programs in a variety of fields. Let’s take a look at them -

Best MBA courses in UK

MBA universities in UK specialize in a wide range of courses while ensuring the best possible education to their students. Let us go into details about the popular MBA courses in UK:

  • MBA General Management: This course is specifically designed for students who view their career potential in an increasingly global professional environment. It covers a wide range of business and management modules for students to develop the potential of managing and leading organizations.
  • MBA International Business: A specialization in International Business is all about developing your business skills and insights on an international level. The course deals with various industry and industrial business issues through a contemporary perspective on the overall business environment.
  • MBA Global Banking and Finance: MBA in Finance in UK provides skills necessary to develop high-level banks and financial situations. It specializes in general business management as well as specialist financial and banking modules. It is designed for students who look for a career in the banking and finance sector.
  • MBA Entrepreneurship: This course is an opportunity for the students to build an academic understanding of the ongoing issues and processes in the field of entrepreneurship. Students learn the skills of entrepreneurial assessment through research and theoretical frameworks.
  • MBA Marketing: MBA in Marketing in UK is suited for the students who aspire to be in positions like marketing managers, market research analysts, etc. It equips the students with the necessary knowledge of marketing management to be applicable across a wide range of sectors and organizations.
  • MBA Human Resource Management: Provides academic and practical knowledge required to develop high-level human resource management skills. This course focuses on the interrelationship between human resources management and organizational performance.
  • MBA Information Management: This course aims in developing strategic areas of e-business, management information systems, and business decision making. It provides an in-depth understanding of information within a business setup through project works and advanced research.

RECOMMENDED: A detailed look at the top 10 MBA Universities in UK

The cost of MBA programs in UK can be quite high and therefore, scholarships can prove to be immensely helpful for students.

Top MBA Scholarships in UK

There are several MBA scholarships in UK for Indian students. Most of them are fully funded and merit based. Some important MBA scholarships in UK are discussed below:

Scholarship Name

Awarded to

Advisory Board Scholarship

Students with an excellent academic background pursuing full-time MBA at Imperial College Business School.

Amount/Benefit: Covers Full tuition fee

Dean’s Impact Scholarship

Full-time MBA candidates at Imperial College Business School who demonstrate impact and achievement in any of the five key areas listed below:

●     Entrepreneurship

●     Technology and Innovation

●     Sustainability

●     Social Impact

●     Leadership

Amount/Benefit: £25,000

The Victor H. Loewenstein Scholarship

 

One meritorious international student pursuing a full-time MBA at the University of Edinburgh.

Amount/Benefit: £5,000

MBA Leadership Scholarships

 

Meritorious international students pursuing full-time and part-time MBA at the University of Edinburgh.

Amount/Benefit: £10,000

The 30% Scholarship EMBA

Female candidates pursuing Executive MBA at London Business School with a proven track record of success demonstrated during the application and interview stages.

Amount/Benefit: Upto 50% of the full tuition fees

SUGGESTED: A look into the best scholarships in UK for international students

Job Opportunities after MBA in UK

The scope for jobs in UK after MBA is vast and promising. All MBA universities in UK may not provide campus placements, but they have experienced career counselors to help students land in jobs of their dreams.

The MBA graduates in UK are sought after by many top companies and organizations like:

  • HSBC
  • EY (Ernst & Young)
  • International Business Machines (IBM) Corp.
  • Hamleys
  • Accenture
  • Royal Bank of Scotland
  • P.Morgan Chase & Co.

Some popular job positions for MBA graduates with their average salaries are:

Job Title

Average Salary Per Year

HR Officer

£35,000 - £55,000

Business Development Representative 

£40,500 - £50,500

Finance Analyst

£40,000 - £45,000

Investment Banker

£45,000 - £52,000

Management Consultant

£55,000 - £65,000

 

 

SUGGESTED: A Guide to the top Jobs in UK after MBA

 

Before we wind up the blog, we have answered the most frequently asked questions about studying MBA in UK-

 

Frequently Asked Questions About About Studying MBA in UK

 

1. What is the demand of MBA in UK?

Ans. UK has some renowned universities offering world-class education, training, and work opportunities. An MBA graduate from top business schools of UK has a high demand in the job market.

2. Do you need work experience to pursue an MBA in UK?

Ans. Yes, MBA programs in UK from the top MBA universities require a minimum work experience of 3 years as compulsory admission criteria. 

3. What is the academic eligibility criteria to study MBA in UK for Indian students?

Ans. The basic eligibility criteria to get admitted to MBA in UK for Indian students are:

  • Bachelor's degree or equivalent
  • minimum 3-years of full-time work experience
  • GMAT/GRE score
  • Scores of IELTS/TOEFL/DET

4. What are the job prospects after completing an MBA in UK?

Ans. The graduates from top MBA colleges in UK are highly in demand in the job market. They land into respectable jobs after completion of their academic courses. 

5. What are universities for best MBA in UK?

Ans. Apart from the above mentioned universities, other universities for MBA in UK are:

  • London School of Economics and Political Science
  • Lancaster University
  • Oxford Brookes University
  • King’s College London

To conclude, MBA programs in UK offer high investment returns by providing excellent employment opportunities and networking to kickstart your career. Besides, the cultural diversity and warm hospitality of the UK provides a conducive environment for your overall growth and learning. So, take your first step towards living your dream to study abroad in UK and get ready to experience a life of endless possibilities. 

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