An MBA from the United Kingdom opens the door to opportunities for any student. With over 395 universities, the UK is the second-largest educational hub all over the globe. It is considered a paradise for international students seeking a bright future and world-class education. MBA in the United Kingdom is one of the most prestigious and demanding programs.MBA specialities available at UK universities include International Business, Entrepreneurship, and Consulting.The best part about pursuing an MBA program in the UK is the flexibility. Most full-time MBA programs only take one year to complete, while part-time programs can take two to three years where students can work and study alongside.

So, if you are looking to pursue Two Year MBA program in the UK, this guide is for you.

Why Choose a Two-Year MBA Program in UK?

Students choose to opt for 1-year MBA program due to the shorter duration, which means low opportunity cost and high return on investment.
However, there are ample reasons to choose a two-year MBA program in the UK. Below are a few reasons:

  • A two-year MBA program provides students a sufficient period to gain a richer college experience and develop and strengthen their skills. Spending two years in the academic environment allows you to interact with your peers and professors more and ensure holistic learning, which might not be possible in the limited time of 1-year MBA program.
  • A two-year course gives students considerable time to concentrate on their studies by looking at the big picture. It also helps them in building networks through the mandatory summer internship program.
  • The two-year MBA program is more practice-oriented and less intense than the one-year format. It includes a wide range of electives, placements, study trips, and a thorough grasp of subjects that are not possible in the 1-year program.
  • It is also observed that employers prefer full-time two-year MBA graduates as they have done an in-depth study and are likely to be perfect for management fast-track programs or consulting positions. 

Eligibility Requirements

The general eligibility requirements for pursuing a two-year MBA program in the UK are below:

  1. Academic Requirements: A 2:1 bachelor's degree from a recognized university with a minimum of 50-60% (depending on the university and program)
  2. GMAT Score: You should have a competitive GMAT score of a minimum of 600 points.
  3. Professional work Experience: Although work experience is not mandatory for pursuing an MBA program in the UK, 2to-6 to years of work experience is desirable.
  4. Language Proficiency: Scores of IELTS or TOEFL are mandatory.
  5. An updated copy of your resume.
  6. Letter of Recommendation
  7. Proof of funds to finance your education.
  8. Statement of Purpose of around 500 words describing your career and other professional goals. 

Top Universities for Two-Year MBA Programs In UK

London Business School

  • London Business School is regarded as one of Europe's top business schools.
  • The MBA program at London Business School is a flexible and highly dynamic course that nurtures students for the competitive business world.
  • LBS offers different Executive MBA and graduate business programs in finance and administration.
  • It also offers different scholarships to support outstanding international students. 

Anglia Ruskin University – ARU

  • Anglia Ruskin University (ARU) is one of the top 350 universities in the world.
  • This university is considered a rising star, i.e., predicted to be challenging the global elite by 2030.
  • Anglia Ruskin University (ARU) – This university in the UK offers a 12,16,20, or 21 -month study program with placement.
  • It is one of the largest institutions in the East of England, with campuses in Chelmsford and Cambridge, which are less than an hour from London.
  • Also, the university offers complete support to international students in terms of linking alumni networks, placements, and more. 

Alliance Manchester Business School

  • The mission of Alliance Manchester Business School is to produce graduates who think differently. Alliance Manchester Business School started MBA programs in 1965, and it's been going stronger.
  • Alliance Manchester Business School has an alumni community of 60,000 graduates based in 176 countries globally.
  • The course duration of these programs is 12, 15, or 18 months.
  • The campus of Alliance MBS is one of the largest campuses among all business schools in the UK.
  • The university offers complete support to international students in connecting alumni networks, career guidance, etc.
  • The university has its main campus in Manchester, and other international centres in Dubai, Hong Kong, São Paolo, Shanghai, and Singapore.

Cost of Studying for a 2-years MBA in UK

  • MBA in the UK for International students is a 12- to 21-month intensive research-based program that ranges between £31,000 and £88,000.
  • The expected annual expenses for the two years MBA program are $105,610. So, the overall cost for the 2-year MBA program in the UK is $200k.
  • It is a significantly higher investment, but the return on investment is way more.

Scholarships for a Two-Year MBA from UK

MBA from the UK is quite an expensive deal. Still, despite the high tuition expenses, many international students choose this program because of its internationally recognized degree.
The United Kingdom is one of the most sophisticated countries in the world. A degree from the UK is well recognized, and graduates from the UK can work anywhere.
However, many students face budget constraints due to high fees. To help these talented students, many organizations provide financial assistance in pursuing postgraduate degrees in the United Kingdom.
These are some of the best MBA scholarships in the United Kingdom and their benefits.

  • Commonwealth Masters Scholarships– Travel grant, tuition fees (partial), basic expenses
  • Commonwealth Fellowship Plan– full-tuition fee
  • Global Study Awards– £10,000(863,100 INR)
  • Inlaks Scholarships- tuition fees
  • Chevening Scholarships-tuition fees, monthly stipend, travel cost, cost of visa application
  • Excellent Scholarship– Full tuition fees

Jobs & Salary After Two-Year MBA Programs in UK

  • In a 2-year MBA degree program, the 1st year involves learning management fundamentals.
  • In their second year of college, students opt for a niche to specialize in. The specialization determines the track for the rest of the MBA program. It also influences the overall career path of the student.
Some of the top jobs in the UK after an MBA are detailed below.

Job Role

Average Salary (GBP/per month)

Financial Analyst

24,000

HR Officer

32,800

Product Specialist

39,000

Marketing and Sales Graduate

30,000

Business Development Executive

27,000

Research Analyst

30,000

Commercial Manager

45,000

Scope After Two-Year MBA Programs in UK

Pursuing an MBA from a UK University is itself a path to success. A degree from a UK University MBA degree holds great significance in the job market. It acts as a lead magnet for employers across the globe. There are 6-million-plus business organizations in the United Kingdom having great opportunities for MBA graduates.

Here are some big giants that look out for two-year MBA graduates from the UK.

Recruiter

Average Annual Salary (GBP/year)

Santander

40,000- 60,000

Oliver Wyman

75,000

Accenture

139,000

Barclays Bank PLC

79,000

HSBC

128,000

JP Morgan Chase & Co

143,000

Roland Berger

54,000

Lloyds Banking Group

66,188

Ernst Young

125,000

Still unclear about anything? Well, not to worry. Contact AECC Global and get your queries answered today!

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