MBA in UK for Indian Students
MBA in UK for Indian Students

MBA in UK for Indian Students

MBA is one among the most celebrated postgraduate programs all over the world with the demands for MBA graduates increasing every year all over the world. Global Universities are offering top-notch management courses with a curriculum that includes from the study and application of business and management principles to much more.

Why Study MBA in the UK?

If an international student wants exposure to the different areas of the business world, getting familiar with current changes in every business function is certainly important. When such knowledge combines with a globally recognized degree, there is nothing to stop you from achieving your dreams in management. The UK offers world-class MBA courses for lakhs of aspirants from all over the world.

Are you seeking to pursue an MBA in the UK? You’ve got to read this first:
 
  • There are around 130 business schools in the UK that offer comprehensive MBA courses. 
  • The average annual cost to pursue an MBA in the UK varies from 31,450 GBP to 87,900 GBP. 
  • The duration of the course will fluctuate depending on the specialization you choose. It may be from a 12 to 21-month program. 
  • MBA is one of the highest-paying degrees in the UK. International students are getting placed in top companies with an average salary upto 100,000 GBP. 
  • As per FT business school ranking 2021, around 10 universities from the UK are ranked and recognized globally.

Top MBA Universities in the UK

 

UK Universities provide the finest MBA programs which prepare students to meet the demands of global business. Graduating from the Leading Business Schools in the UK, aspirants can get to experience quality academics and fulfilling career options. Also, the UK is home to some of the Best Universities which are ranked by the great rankers of the world. 

Here is the list of institutions in the UK that are top ranked according to Financial Times (FT), QS Global MBA Rankings 2020.

Institution

FT Ranking 2021

London Business School

2

Cambridge Judge Business School

16

Said Business School

17

Alliance Manchester Business School

30

Durham University Business School

74

Lancaster University

96

University of Edinburgh Business School

100+

University of Central Lancashire

100+

Birmingham City University

100+

University of East London

100+

University of Bedfordshire

100+

University of Bolton

100+

Cardiff Metropolitan University

100+

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Top MBA Courses in the UK

Over a period of time, the MBA program has evolved through many stages all over the world. The UK’s Leading Universities understand the demands of the business world, implementing and offering a wide range of specializations to international students. Understanding the different courses helps to decide the suitable course for you which are mainly based on the aspiration, passion, cost and cities. Are you looking to choose the appropriate management program? Here is the lead for you:

1. Executive MBA - Looking to elevate to the senior management role? An Executive MBA is the right choice for you! Yes, this program is designed for aspirants who want to be a successful global leader. You can pursue this 15 to 24 months program while you continue to be on the job. 
2. Master of Accounting - Financial decision making - this term holds significance from the world’s top corporates to growing SMEs. Yes, Master of Accounting in the UK creates the best graduates for leading roles in the accountancy profession. World’s top decision makers are from the Leading Universities of the UK
3. Master of Finance - Master of Finance is specially designed for ambitious aspirants to power-up their insights and existing knowledge of finance. By pursuing this course, you can have a strong foundation in finance management, a wide range of electives, project practice with theory as well as practical experience and tons of opportunities. 
4. Masters in Entrepreneurship - This course aims to create impactful entrepreneurs of the future. Yes, you can pursue a two-year or part-time program offered by the leading universities in the UK. Get to participate in hands-on workshops and industry seminars from the best study centers. 
5. International business - International business is a relative newbie in MBA specialization and gained popularity over a very short period of time. With the increase in the demand for international business, professionals need to work in a multicultural environment for different organizations. Top-ranked business schools are providing this program for international students.

MBA in the UK (Costs)


MBA in the UK is well-renowned which makes it a little bit expensive than other destinations. However, there are many ways through which you can afford the world’s best education. Also, getting to know about the various costs associated with education is certainly important. No worries! We collected the list of pre-departure costs, tuition fees, and cost of living.

Pre-Arrival Cost to Study MBA in the UK


These are the initial investment which is more important to kick start the application process. Generally, this includes exam fees, application fees, visa fees, and miscellaneous. This may vary based on the circumstances of the pre-departure. The below table helps you to understand and be aware of the pre-departure. 


Particulars
Average Expense (GBP)
TOEFL Fees
200
IELTS Fees
200
PTE Fees
150
VISA Application
322

Tuition Fees for MBA in the UK


You have wide choices and preferences for selecting MBA specialization in the UK. Cost considerations are an important factor that may vary based on the area of specialization, duration of the course, and demands. Also, this may vary based on the universities and business schools that offer respective management programs. On average, MBA in the UK ranges from 31,000 GBP to 88,000 GBP. Based on your interest and cost factor, you can select the suitable one. The below table depicts the complete information of MBA fees of the Leading Universities in the UK


Universities 

Total Program Fees (GBP)

London Business School

78,500

Oxford University

57,200

Imperial College Business School

52,000

Manchester University

44,000

Warwick Business School

39,950

Cranfield School of Management

39,000

Loughborough University

28,500

University of Glasgow

27,670

University of Birmingham

27,000

University of Nottingham

24,975

University of Surrey

24,000

University of Lancaster

17,500

Coventry University London

16,887

Cost of Living in the UK

Knowing prior about the possible expenses that you will incur in the UK is quite important. General needs like accommodation and food can be acquired at an affordable rate. Apart from that, while studying you need to be aware of additional expenses that include basic utilities, internet, clothing, laundry, etc. 


Utilities 

Average monthly costs (GBP)

Rent

450

Food

200

Mobile Phone

30

Clothing

75

Stationery Items

40

Transportation

45

Miscellaneous

25

Internet

40

MBA in UK Requirements

Document Requirements for MBA in the UK

Universities in the UK help international students in the application process by making it as simple as possible. Aspirants need to enclose some important documents that include personal as well as proficiency records. In general, knowing about the different documents that need to be submitted before admission. Thus, we would like to make it easy for you to prepare. 

Eligibility and Exam requirements to study MBA in the UK

If you want to pursue an MBA in the UK, you need to have some criteria to get through. Know about the basic eligibility criteria and ease your process. 

  • Overseas students must have a bachelor’s degree or its equivalent graduation in the respective discipline from the accredited universities. (UG degree with 2:1 qualification)
  • For some universities, work experience will be expected. Individuals need to submit the certificates to proceed further. 
  • Language proficiency tests (TOEFL: 95+ & IELTS: 6.5+)
  • GMAT score: 600+ (minimum)

Scholarship for MBA in the UK for Indian Students


The UK government helps international students to reduce the burden to pursue MBA in all aspects, financial in particular. At present, there is a wide range of Scholarships available for international students. On the whole, the average cost of studying and living in the UK will fall around 32,310 GBP per year. This can be further reduced by making use of financial help through bursaries, fellowships, etc.,

Scholarship
Institution
Amount (GBP)
Eligibility
Imperial Women Scholarship
Imperial College London
Variable
Female candidates with decent score in GMAT
GMAT Excellence Award
5350
GMAT mark: 750+
Imperial Business Scholarships
          Variable
Meritorious students
BK Birla Scholarships
London Business School
Up to full fees
Academic excellence and honoring legacy and values of BK Birla.
London Business School Fund Scholarship
Up to full fees
Academic and professional merit and the ability to contribute to all aspects of MBA
St. Catherine’s Benavitch Cambridge MBA Scholarships
Cambridge Judge Business School
10,000
GPA: 3.7 and MBA: 700
Victor H. Loewenstein Scholarship
University of Edinburgh
5000
Non-UK applicant

Jobs in the UK after MBA

The UK is currently referred to as the magnificent market that has 6.5 million private business organizations. After completing an MBA in the UK, graduates are getting placed in top corporations with an average salary of 80,000 GBP. Generally, job placement will mainly depend on the specialization you choose and your academic performance. Also, there is a 2-years stay-back policy after completing your MBA.  


Job roles in UK

Average Annual Salary (GBP)

Finance Manager

51,000- 122,000

Finance Officer

30,000- 35,000

Finance Analyst

24,000

HR Officer

32,800

HR Graduate Scheme

27,250

Product Specialist

39,000

Business Management Programs

29,500-32,500

Marketing Graduate

30,000

Product Specialist

39,000

Graduate Business Analyst

45,000

Medical Sales- East of England

25,000- 30,000

MBA Salary in the UK

Generally, students feel curious to know about the salary details after completing an MBA in the UK. Getting recognition from the Top Universities in the UK will always add a reputation to your profile. Salary after MBA in the UK may vary based on the specialization, university you choose, and your academic performance.  

Top Recruiters 
Average Annual Salary (GBP)
Oliver Wyman
75,000
Roland Berger
54,000
FTI Consulting
64,000
Bain and Company
83,000
HSBC
128,000
Ernst Young
125,000
Santander
40,000 - 60,000
JP Morgan Chase & Co
143,000

Work Permit after MBA in the UK


A vibrant multicultural environment & abundant opportunities in the UK, tempt international students to pursue higher education in the UK. Friendly policies from the UK government welcomes international students to stay after their graduation. Postgraduate work permit policies are developed in such a way where international students can stay 2 years after course completion. 

The world is recovering from the pandemic. Higher education is now getting its way straight where lakhs of international students are flying to the UK for their studies every year. MBA in the UK is one of the major preferences of passionate aspirants. You deserve the best in terms of quality education, suitable specialization and the right university. Leading Universities in the UK have partnered with AECC Global making us your trusted partner and your best chance to get tons of insights on universities, management courses, Scholarships, visas, and much more.

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