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MBA in UK for Indian Students 2024: Top Universities, Fees of MBA in UK, Eligibility, and More

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Kashyap Matani
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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, these reputed universities help international students pursue MBA in UK and get exposure to the finest education, networking opportunities, and a promising career.

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

Suggested: Executive MBA in UK

Table of Contents

Overview of MBA in UK

Before moving on to in MBA in UK in detail, let us take a look at the various aspects of an MBA course in the UK through an overview table:

Duration

1-2 Years

Average Tuition Fee

16,000 EUR - 80,000 EUR

Average GMAT/GRE Score

GMAT- 650+

GRE- 310-315

Average English Proficiency Test Scores

IELTS- 6.5-7

TOEFL- 90+

PTE- 60+

DET- 105- 120

Types of MBA Programs

General MBA

Executive MBA

MBA in Accounting

International MBA

MBA in Finance

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. The 1-year MBA in UK is very rewarding, money-saving, and time-saving for international students.
  • Diverse Specialisations: Compared to American business schools, an MBA in UK comes with varied electives and specialisations 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 realize their interests and enhance their potential in their respective fields. Career counsellors also guide students to strengthen their CVs 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 and cover fees of MBA in UK. In some colleges, they are part of the MBA program too. The exposure and work experience will make your CV stand out for job opportunities.

Suggested: Jobs and Salary After MBA in UK

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

Eligibility Criteria and Admission Requirements for MBA in UK

The MBA in UK eligibility depend upon the university you choose. Some basic requirements for MBA duration in UK of 1 year are:

  1. Undergraduate Degree
  2. GMAT/GRE score
  3. Work Experience
  4. Language Requirements (IELTS/TOEFL/PTE)
  5. Passport & Visa

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

1.  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.

2.  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. These are the crucial exam requirements for getting admission to MBA UK. However, the GMAT score varies depending on the MBA program and the chosen university. The general score requirements for these entrance exam for MBA in UK are:

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

3.  Work Experience

One of the top MBA in UK eligibility/admission criteria 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.

4.  Language Requirements

The English proficiency test is another exam requirement for MBA in UK. It is mandatory for all international students to pursue MBA in UK. Minimum scores for these entrance exam for MBA in UK are:

5.  Passport and Visa

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

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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 for ensuring your MBA duration in UK are mentioned below:

  1. Transcripts of all educational qualifications
  2. CV or Resume
  3. LOR or Letter of Recommendation
  4. SOP or Statement of Purpose
  5. Scorecards of IELTS/TOEFL
  6. Scorecards of GMAT/GRE
  7. Work experience certificate
  8. Proof of Funds
  9. 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.

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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 applying for MBA in UK is as follows:

  • Finalize the 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.

Suggested: Complete Guide to 1-Year MBA in UK!

Know More About Studying in UK:

Student Accommodation in UK

Masters in UK for International Students

1-Year MBA in UK

IELTS Score for UK

Let us now discuss MBA in UK cost!

Cost of MBA in UK

The overall cost of MBA in UK depends upon the UK MBA fees that your university charges and the lifestyle you choose. The costs further may be divided into two parts—tuition fees and cost of living. Let’s go through them in detail!

Tuition Fees

UK MBA fees differ between universities on the course type or specialisation you choose. On average, the UK MBA colleges' fees range from £21,916 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 £289 - £454 per month. It covers all amenities like housing, food, travel, stationery, recreational activities, etc.

Suggested: Cost 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, with their QS World University Rankings 2023, and Fees of MBA in UK.

University Name

QS Ranking 2023

Fee Structure (Annual)

Oxford University, Said Business School

 

4


MBA - £65,520

Executive MBA - £98,590

Cambridge University, Judge Business School

 

2


MBA - £61,000

Cambridge Executive MBA - £75,800

Global Executive MBA - £86,600

Imperial College Business School

6


Full-Time MBA - £57,200

Executive MBA - £61,500

Weekend MBA - £50,900

Global Online MBA - £41,350

The University of Edinburgh

15


Full-Time MBA - £35,900

Part-Time Executive MBA - £34,700

University of Manchester, Alliance Manchester Business School

28


Full-Time MBA - £46,000

Global MBA - £30,000

Global Executive MBA - £39,500

Kelley Manchester Global MBA - £65,000

Suggested: Salary After MBA in UK

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 specialise in wide courses while ensuring the best possible education for 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 for 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 are looking 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 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 to develop 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.

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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: Best Scholarships in UK

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 counsellors to help students land their dream jobs.

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

  1. HSBC
  2. EY (Ernst & Young)
  3. International Business Machines (IBM) Corp.
  4. Hamleys
  5. Accenture
  6. Royal Bank of Scotland
  7. 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: Jobs in UK After MBA

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 provide 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.

Now you all about MBA in UK. However, this information can be intimidating for students who are planning to study abroad for the first time. But worry not! If at any step you need end-to-end guidance, choose Yocket premium. Our expert counsellors will surely make your study abroad dream easier than ever!

 

Frequently Asked Questions about Studying MBA in UK

What is the demand for MBA in UK?

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

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

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

Which are the universities for best MBA in UK?

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