MBA in International Business in the United Kingdom is a one or 2-year course that teaches students the skills required for international trade and management services. The top universities that offer this course can charge up to INR 4160000. However, the skills you will learn are worth it, plus the Return on Investment is also very high as you can earn up to 55352 per year.
|
Program |
Postgraduate |
|
Course |
MBA in International Business |
|
Duration of the Course |
Between 1 and 2 years (based on top 5 universities) |
|
Eligibility |
2:1 undergraduate, GMAT 600, 2 years work experience, and IELTS 6.5, TOEFL 95 or equivelant PTE |
|
Entrance Exams |
IELTS, TOEFL, or PTE |
|
Tuition Fees |
Between 1770000 and 4160000 (based on top 5 universities) |
|
Jobs |
Business Development Manager, Digital Marketing Specialist, Senior Marketing Manager, etc |
|
Average Salary |
40019 GBP (based on 7 jobs) |
|
S.NO |
University Name |
QS World Ranking |
City |
|
1 |
Coventry University |
Between 651 and 700 |
Coventry |
|
2 |
The University of Greenwich |
Between 801 and 1000 |
Greenwich |
|
3 |
The University of Birmingham |
91 |
Birmingham |
|
4 |
Buckinghamshire New University |
NA |
High Wycombe |
|
5 |
Bangor University |
Between 601 and 650 |
Bangor |
Your price of studying MBA in International Business in the United Kingdom includes tuition fees, living expenses, etc. However, the most significant factors affecting this are your university and city choice. So choosing a top university under your budget is key. That said, an estimated amount will fall between INR 1800000 and 4200000(19076 to 44511 GBP).
|
S.NO |
University Name |
Course |
Duration |
Tuition Fees in INR |
|
1 |
Coventry University |
MBA in Global Business |
1 year |
3190000 |
|
2 |
The University of Greenwich |
MBA in International Business |
2 years |
2400000 |
|
3 |
The University of Birmingham |
MBA in International Business |
1 year |
4160000 |
|
4 |
Buckinghamshire New University |
International Master of Business Administration |
1 year |
1770000 |
|
5 |
Bangor University |
MBA in International Business |
1 year |
2250000 |
Other than the tuition fees, entrance exam fees, etc., an essential expense that all international students in the UK have to incur is the cost of living. These costs are divided into multiple brackets and involve housing, food, clothing, leisure, etc., which they can manage with student loans, scholarships, fellowships, grants, and other funding options. Below we have given some of these major categories and their associated amounts.
|
Categories |
Amount in GBP |
|
Fees for Visa Application |
348 per month |
|
Housing |
500 per month |
|
Transportation |
Between 150 and 200 per month |
|
Food |
Between 150 and 200 per month |
|
Clothing & Leisure |
50 per month |
|
Telephone & Mobile |
50 per month |
|
Name of the University |
Exam Name |
Minimum Band Requirement |
|
Coventry University |
IELTS, GMAT |
6.0 (no band less than 5.5), 600 |
|
The University of Greenwich |
IELTS, GMAT |
6.5 (no band less than 6.0), 600 |
|
The University of Birmingham |
IELTS, GMAT |
6.0 (no band less than 5.5), 600 |
|
Buckinghamshire New University |
IELTS, GMAT |
5.5, NA |
|
Bangor University |
IELTS, GMAT |
6.0 (no band less than 5.5), NA |
|
S.NO |
Scholarship Name |
Description |
Eligibility |
Amount in GBP |
|
1 |
Chevening Scholarships |
A global scholarship program for students with excellent academics |
Varies from university to university |
Fully-funded for one year of any master’s degree |
|
2 |
Commonwealth Masters Scholarships |
These scholarships are offered by the UK Foreign, Commonwealth & Development Office (FCDO) |
Varies from university to university |
Covers tuition fees, airfare to and from the UK + extra allowances for basic personal expenses |
|
3 |
Commonwealth Fellowship Plan |
These scholarships are offered by the UK Foreign, Commonwealth & Development Office (FCDO) |
Varies from university to university |
Covers tuition fees, one economy-class return cost, and additional allowances |
|
4 |
GREAT Scholarships |
Funded by the Great Britain Campaign and the British Council with participating universities |
Varies from university to university |
Up to 10000 |
|
5 |
The Global Study Awards |
It was launched in 2015 by the British Council, study portals, and ISIC |
Varies from university to university |
10000 twice every year |
|
6 |
Charles Wallace India Trust Scholarships |
It is awarded to international students pursuing a master’s degree in the UK. |
Varies from university to university |
Covers accommodation, living expenses, tuition fees, and international fares |
|
7 |
Inlaks Scholarship |
This scholarship is offered by the Inlaks Shivdasani Foundation |
Varies from university to university |
Covers travel, living, tuition expenses, and worth 72984 |
|
8 |
Felix scholarship |
For applicants from developing countries such as India |
Varies from university to university |
Covers 100% tuition fees, a return ticket, and living expenses |
|
9 |
Goa Education Trust Scholarship |
For students of Goa in the UK only |
Varies from university to university |
50% or 100% tuition fees waived off |
Graduates with an MBA in International Business work in diverse finance, public relations, and manufacturing industries. Mostly you can expect a career in consultancy, international finance, non-profit companies, and entrepreneurial ventures. Furthermore, the bonus rates for business development are high in the United Kingdom. Experts counted a salary increment of 9% every 15 months in 2019. International businesses can facilitate an increased number of professionals. Entry-level professionals can generally work as purchasing agents, actuarial assistants, or sales representatives. Overall the scope for international MBA graduates in the UK is excellent, with numerous career opportunities.
|
Job Profile |
Salary in GBP |
|
Business Development Manager |
43141 |
|
Account Executive |
26242 |
|
Implementation Consultant |
30036 |
|
Digital Marketing Specialist |
31198 |
|
Senior Marketing Manager |
59472 |
|
Country Manager |
55352 |
|
Social Media Manager |
34692 |
Please follow this step-by-step guide to apply for an MBA in International Business in the United Kingdom. Note that it is only indicative and may vary slightly per your university selection.
Step 1: Research and shortlist at least 2 to 3 universities in the UK offering MBA in International Business.
Step 2: After shortlisting, go to the university's website.
Step 3: Go to your desired MBA in International Business course page on your preferred university. Then fill out an application form with your personal, professional, and academic information. You will need to attach these documents.
Step 4: Pay your application fees and submit your application.
Step 5: Wait for your University acceptance Letter. If your application is accepted, prepare to fly to the UK. Otherwise, you can try one of these options.
Step 6: Done
The average pay for MBA IB graduates is about Rs. 10 lakh per year. Candidates with an MBA IB degree have access to chances from all around the world, since every multinational organisation requires distinct employees with specialisations in marketing or economic policies in global aspects.
International businesspeople from all over the world are confident in our thriving economy, with one-third recently naming the UK as one of the top three nations for corporate growth.
MBA in International Business is a specialty that focuses on teaching candidates the fundamental skills and understanding of international business, commerce, import, export, regulations, policies, and so on, in order for them to do business on a worldwide scale.
You do not need any computer knowledge to get an MBA in international business. However, handling accounting requires some basic math skills. Because you will be required to take Financial Accounting, Quantitative Techniques, Application Statistics, and other topics in your first year.
Do you want to get into one of the UK's top universities for an MBA in International Business? Then, AECC is here for you. Our experts will ensure that you quickly get enrollment in your desired university in the United Kingdom with their expertise. Contact us today.
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