MBA in UK - Top Universities, Fees, Intake, Eligibility & Scholarship

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MBA in UK is one of the most sought-after management programmes worldwide that offer exceptional job prospects. An MBA in UK curriculum includes the elementary understanding of management with the aim to hone professionals in managing, organising, and encouraging innovation. Pursuing an MBA in UK opens a wide array of job opportunities in various fields, such as finance, human resources, healthcare and so on.

The UK has the world's greatest business schools, which are expanding the careers of international students with remarkable teaching methodologies. Some of the world's most prestigious research is conducted at top UK universities, which are frequently included in international rankings. Studying in the UK allows students to thrive in a multicultural environment, with the possibility of pursuing rewarding careers after graduation. Through class debates and creative activities, the education system in the UK is aimed to stimulate innovative ideas, individual research, and group interaction.

Quick Glance: MBA in UK

Around 130 business schools in the UK provide MBA programmes with a wide range of specialities in fields such as health administration, economics, international business, and so on. MBA requirements in the UK are less onerous than in other countries such as the United States and Canada.

Components

Details

Course Duration

12-24 months

Number of MBA Universities in UK

130+

Standardised Tests for MBA in UK

GMAT exam, GRE exam

English Proficiency Tests

IELTS exam, TOEFL exam, PTE exam

Admission Intakes

Fall, Spring, Summer

Average Tuition Fees

GBP 27,500-87,900 

Eligibility

GMAT score (if required)

Bachelor's degree from a recognised university, equivalent to a UK degree 

Minimum 1-2 years of work experience

English proficiency test scores

Documents Required

Academic Transcripts

Curriculum Viate (CV)

Letter of Recommendation (LOR)

Statement of Purpose (SOP)

Work Experience Certificate

Personal Statement

MBA Essays

Proof of Funds

Types of MBA Courses

Full-Time MBA Part-Time, Executive MBA, 

Top MBA Specialisations

International Business, Finance, Human Resources, Healthcare Management, General Management, Business (others), Entrepreneurship, Marketing, Supply Chain

Top Business Schools

University of Oxford

University of Warwick

Cranfield University

Brunel University

London Business School

University of Cambridge

Lancaster University

University of Bath

Durham University

Top Recruiters

Amazon, Bain and Company, JP Morgan, Citigroup, Morgan Stanley, Apple, Boston Consulting Group, McKinsey, and Goldman Sachs, Rolls-Royce, etc.

Average Salary

GBP 55,000

Types of MBA in UK

The MBA programme has gone through various stages of development over time and across the globe. International students can choose from a wide variety of specialities since the UK's leading universities are cognizant of the needs of the business world. Understanding the different types of MBA in UK will help you to decide which one is the most suitable for you. Here  are the various types of MBA programmes offered by UK universities:

Full Time MBA: This course is quite popular, particularly among Indian as well as international students. It is a one-year intense programme for individuals who want to specialise in certain fundamental management subject areas.

Executive MBA: This course is designed for professionals who are already employed and wish to develop their management skills in order to advance in their careers. Typically, these individuals are sponsored by the employer. Executive MBA programmes are often provided part-time over a two-year period.

Modular MBA Program: Modular MBAs provide the unique opportunity to study an MBA in a flexible and customizable manner. Students enrolled in modular MBA programmes can design their own curricula, schedule their studies, and earn an MBA without sacrificing work or personal obligations. This MBA programme is exclusively open to students from the UK and the EU only.

MBA Colleges Offering Different Types of Courses

International students can witness top-notch education and rewarding career choices by graduating from one of the Leading Business Schools in the UK. Such universities offer a variety of MBA courses from which students can choose appropriate management programmes. Here are the different types of courses offered by MBA colleges:

University Name

Types of MBA Courses Offered

London Business School

MBA, Executive MBA, MBA Global

Edinburgh University Management School

Full-time MBA, Part-time MBA, Modular MBA

Ashridge Business School

Full-time MBA, Executive MBA

Warwick Business School

Warwick MBA, Global Energy MBA

Cass Business School, City University, London

Full-time MBA, Executive MBA, Modular EMBA

Said Business School, University of Oxford

MBA Full time, Executive MBA

Cranfield School of Management

Full-time MBA-one year, Executive MBA (Part-time and Modular)-two years

Manchester Business School

Full-time MBA, Global MBA

Imperial College University of London

Full-time MBA, Executive MBA, Distance Learning MBA

Lancaster University

Full-time MBA, Part-time MBA

University of Bradford Management Centre

Full-time MBA, Accelerated Full-time MBA, Executive Part-time MBA

Judge Business School, University of Cambridge

MBA, Executive MBA

Top MBA Specialisations in UK

Knowing the most significant innovations to every business function is undoubtedly pivotal if an international student wants accessibility to the current market segments. International students who intend to pursue an MBA degree in the UK will have to choose an MBA specialisation. The list of MBA specialisations available to international students in the UK is as follows:

MBA Specialisations in UK

MBA in Marketing

MBA in Finance

MBA in Human Resource

MBA in Business (Others)

MBA in International Business

MBA in Supply Chain

MBA in Healthcare Management

MBA in General Management

QS and THE Rankings for Top 10 MBA Colleges in UK

If you are planning to pursue an MBA in UK, take a look at the QS and Times Higher Education rankings of the top 10 MBA colleges in UK:

Rankings

QS MBA Rankings UK 2022

THE UK Business Rank 2022

1

London Business School

University of Cambridge

2

Oxford (Said)

University of Oxford

3

Cambridge (Judge)

LSE (London School of Economics and Political Science)

4

Imperial College Business School

UCL (University College London)

5

Warwick Business School

University of Warwick

6

Manchester (Alliance)

University of Manchester

7

University of Edinburgh

University of Edinburgh

8

Cranfield School of Management

University of Surrey

9

City's Business School

University of Leeds

10

Durham University

King’s College London

Eligibility for MBA in UK

Candidates must meet the following prerequisites in order to pursue an MBA in UK:

  • The applicant needs to hold a bachelor's degree.

  • Submit GMAT or GRE scores as per university requirements.

  • Students must demonstrate their English proficiency and submit any one of these exam scores: IELTS, TOFEL, or PTE.

  • Applicants may be required to have a minimum of two years of relevant work experience.

Admission Process for MBA in UK

Applying for an MBA in UK is a straightforward process. The admission process slightly varies from one university to another as each university invites applications via its separate application portal. Check out the following steps for the common admission process followed to be accepted into a UK business school:

Step 1: Research the top MBA colleges in UK and figure out your field of interest and set your preferences accordingly.

Step 2: Start exploring the university’s admission process, requirements, eligibility, and deadlines for international students.

Step 3: Apply for your chosen university via the respective university’s application portal.

Step 4: Fill out the application form, and upload the necessary documents and financial proofs, as asked by the university.

Step 5: Pay the required application fees (if you are not applying to a no-fee UK university).

Note: Before submitting an application, it is critical for candidates to review the specific admission standards of each university since they may vary as per university and courses.

Documents Required for MBA in UK

You must submit a number of documents to get admitted to an MBA programme in the UK. The following list includes some typical application documents that are required at the time of admission:

  • Academic transcripts for previous education

  • Resume or a CV

  • Letters of Recommendation (LORs)

  • Statement of Purpose (SOP)

  • IELTS score reports or TOEFL score reports

  • GMAT/GRE score reports

  • Certificate of work experience

  • Proof of funds

  • Personal Statement

  • An MBA essay or supplementary essays, as per university requirements

Cost of MBA in UK

Cost of pursuing an MBA in UK at some top UK universities may prove to be expensive. On the other hand, there are various popular UK business schools that are well within budget for international students. It is essential to understand the various costs connected with pursuing an MBA in UK apart from tuition fees, like the cost of living, travelling, etc. The average first-year expense of pursuing an MBA in UK is INR 21.01 lakhs while the average annual cost of living in the UK is roughly INR 6.03 lakhs.

Average Tuition Fees for MBA in UK

An international student needs to plan ahead of time for their budget when pursuing an MBA in the UK. Tuition expenses for an MBA in the United Kingdom range from approximately GBP 31,000 to 88,000. For an Indian student, this equates to between INR 29 to 83 Lakhs. Refer to the tuition fee for top business schools in UK below:

University Name

First-Year Tuition Fee (in GBP)

Cambridge University

61,000

Imperial College London

57,200

Oxford University

65,520

University of Edinburgh

35,900

University of Birmingham

31,500

University of Glasgow

29,950

University of Manchester

45,000

University of Warwick

45,950

Pre-arrival Expenses for MBA in UK

Pre-arrival costs, often known as pre-departure costs, includes costs such as application fees, visa fees, and so on. These are one-time fees that an international student incurs before arriving in the UK:

Categories

Cost (in GBP)

UK Student Visa Fees

363

UK Universities Application Fees

50-150

Immigration Health Surcharge (IHS)

470

Cost of Living for MBA in UK

This section describes the comprehensive structure of an individual's monthly living, dining, and personal expenses while they will be residing in the UK. The cost of living in the UK will vary depending on the lodgings chosen, lifestyle, city of residence, and so forth. Given below is a break up of living costs that international students should consider before applying to study in the UK:

Category 

Average Monthly Expenses (in GBP)

Food and Drinks

200-400

Mobile Phone and Internet

30-40

Rent

450

Transportation

45

Miscellaneous

25

Scholarships for MBA in UK

Studying MBA in the UK can be an expensive investment. Many students choose to study MBA in UK because it offers great career opportunities. Numerous aspirants look for MBA programmes that involve practical experience as a part of the curriculum so that the stipend or salary can be used for budgeting. Another way to lessen this financial burden is to apply for scholarships.

While a majority of the B-schools offer merit-based scholarships to international students, there may be a few universities that do not offer any scholarships to postgraduate applicants. This is where international organisations and independent institutions offering scholarships to international students play a crucial role.

The list below includes a few of the MBA scholarships in UK that are open for international applicants:

  • GREAT Scholarships

  • Charles Wallace India Trust Scholarships

  • Oxford India Centre Scholarship

  • The University of East Anglia Scholarships

  • Felix Scholarships

  • The Gates Cambridge Scholarships

  • International Academic Scholarship at the University of Worcester

  • Hornby Scholarships 2018

  • Chevening Scholarship

  • Education Grants by Tata Trusts

  • Academy Asia Senior Fellowship

  • The Rhodes Scholarships India

  • Research Council UK Scholarships

  • Commonwealth Scholarship and Fellowship

Job Opportunities After MBA in UK

There are many reputable corporations, including many multinational organisations, with various open positions looking to be filled by eligible MBA graduates in the UK. Take a look at the table below, which lists the top MBA universities in UK for recruitment and selection:

University Name

Top Recruiters

Birmingham City University

Atkin Global, Hewlett Packard, Rainbow, Capita, Mercedes Benz, Cisco Systems, Rolls Royce, JCB, Deloitte, IBM, Triumph Motorcycles, Fujitsu, Intel, Siemens, Robert Bosch

Brunel University London

Accenture, Triumph Motorcycles, Tata Motors, Lenovo, Local Oye, HSBC, Novartis, Atkin Global, Barclays Bank, caterpillar, Ubisoft, British Airways, BBC, Rolls Royce, World Bank, EasyJet

University of Birmingham

Goldman Sachs, Rolls-Royce, Microsoft, Bank of America, Accenture, P&G, Cisco Systems, Merrill Lynch, Google, Jaguar, Nissan,  AC Neilson, BMW, British Petroleum

University of Nottingham

Bloomberg, Barclays Bank, Ernst & Young, IBM, Deloitte, Bank of America, Goldman Sachs, PWC, Thomson Reuters

University of Salford

MTV, Microsoft, Motorola, Barclays Bank, Apple, IBM, American Express, Osmosys, BBC, ICI India, Hewlett Packard, CITI Bank, Siemens, Cisco Systems, Toyota

Salaries After MBA in UK

One of the main reasons for students to pursue an MBA in UK is an increase in their earning capacity and return on investment (ROI). Check out the average salaries and tuition fees for the listed universities to deduce the ROI of pursuing an MBA in UK. Check out the weighted salaries offered to MBA graduates from the top UK business schools, along with their tuition fees:

University Name

Average Salaries (in GBP)

First-Year Tuition Fee (in GBP)

University of Leeds

93,356

473,684

University of Birmingham

88,443

550,498

University of Oxford

107,278

947,369

University of Manchester

86,805

588,905

University of Cambridge

107,278

883,358

Work Permit and Stay Back Period for MBA in UK

The UK post-study work visa permits  international students to stay in the UK for two years after finishing their education and search for employment within that time period. The rule applies to bachelor's, master's, and doctoral degree holders. If the PSW visa has expired, students who wish to remain in the UK for an extended period of time must apply for a skilled work visa or a general work visa (Tier 2 visa). To obtain a Tier 2 or a general work visa, an applicant must earn at least GBP 30,000 per year. However, depending on the profession, this could be more or less.

MBA in UK FAQs

Q. What are the most affordable universities for Indian students to pursue MBA in UK?

A. The most affordable universities for Indian students to pursue MBA in UK are York St John University (London), Cardiff Metropolitan University, Glasgow Caledonian University (London), University College Birmingham, Canterbury Christ Church University, Leeds Beckett University, University of Wolverhampton, University of Bedfordshire, Ulster University (Birmingham Campus), and Glyndwr University.

Q. Does an MBA in UK last one year?

A. Yes, an MBA in UK lasts one year for full-time MBA courses. However, a part-time MBA lasts two years in the UK. The one-year length of the MBA programmes in the UK attracts students from around the world. Most of the MBA programmes in the UK are for one year. This is the perfect choice for students who want to complete their education quickly and look for employment as soon as possible.

Q. Is GMAT required to apply for an MBA in UK?

A. Yes, a GMAT score is required to apply for an MBA programme in the UK. For most MBA programmes in the UK, you must submit your GMAT scorecard together with your application. However, many UK universities offer GMAT waivers for international students and place more emphasis on other criteria instead, such as relevant work experience, essays, interviews, and letters of recommendation.

Q. Can I study MBA in UK without work experience?

A. Yes, you can study MBA in UK without work experience. For this, applicants must have at least a second-class honours degree and a minimum IELTS score of 5.5 bands. Universities like Coventry University, Glyndwr University, Liverpool John Moores University, Staffordshire University, Swansea University, University of Central Lancashire, University of West London, Teesside University, etc offer MBA programmes to international students having no prior work experience.

Q. Can I study MBA in UK without IELTS and GMAT?

A. Yes, you can study MBA in UK without IELTS and GMAT as some universities do not consider these exams a mandatory requirement. Universities like the University of Reading, Birmingham City University, Lancaster University, University of Lancashire, and Middlesex University admit international students without IELTS and GMAT.

Q. What is the most in-demand MBA specialisation in UK?

A. The most in-demand MBA specialisation in UK is the ‘MBA in Marketing’. It is one of the most popular MBA specialisations and has a competitive salary range. Students gain knowledge of customer behaviour and how to design appealing advertisements and products. Market research, branding, consumer psychology, and digital marketing are all topics included in MBA programmes at UK universities.

Q. How much work experience is required to pursue an MBA in UK?

A. A minimum of two to three years of work experience is required to pursue an MBA in UK if you are planning to study at top MBA colleges in UK. A student will find it simpler to comprehend management concepts if they have prior work experience. Therefore, having job experience gives students a competitive advantage at the MBA College and helps them study and engage more actively in the MBA curriculum task as well as tasks assigned during the classes.

Q. Which jobs can I get after pursuing an MBA in UK?

A. After pursuing an MBA in UK, you can get jobs like Information Technology Manager, Human Resources Manager, Medical Director, Business Operations Manager, Chief Executive Officer, Finance Manager, Marketing Manager, Business Analyst, Business Development Manager, Project Manager, and Chief Financial Officer.

Q. Is it worth studying MBA in UK?

A. Definitely, it is worth studying MBA in UK because it is a long-term investment in a career that gives higher ROI. UK universities have a well-designed curriculum that combines their MBA programmes with practical work experience. Additionally, obtaining an MBA from the UK will improve your resume and extend your horizons about the actual industrial exposure.

Q. Is MBA in UK better than MBA in USA?

A. Yes, in terms of the length of the MBA programmes, it can be said that MBA in UK is better than MBA in USA. A UK MBA typically takes less time if a student is contemplating it and is aiming for more quick job advancement. MBA in USA can last up to two years, which typically lasts for one year in Europe.

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