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MBA in UK

Top Colleges, Eligibility, Cost for Indian Students

MBA in UK

Why Study MBA In The UK?

One of the most highly regarded degrees in the world, an MBA from a UK business school is appreciated by businesses, both domestic and international, in almost every industry. Graduates holding MBA degrees from UK universities are also highly sought after by research institutions and universities internationally. The decision to study for something like an MBA in the UK can revolutionise a person's career. Universities and economic organisations in the UK will train the students with the skills for critical thinking, which the students will need to thrive in their future jobs.

There are many reasons to MBA study in the UK. One of the reasons is the course is of one year in the UK. Students are able to save both time and money, and they become graduates sooner and pursue their respective jobs very early in their careers. UK universities have very close links with corporate companies and industries, and students from these universities have an added advantage when applying for a job in these industries. Many universities and business institutions in the UK have strong connections with key players in the sector, giving students a chance to network with potential future employers. A UK MBA will prepare students for the demands of 21st-century business, and schools take pride in their close collaboration with many of the top professional organisations in the globe. This is why students opt for a degree in the UK.

Students will meet a significant number of individuals at special events, lectures, and seminars because all UK business schools have strong ties to business and industry. Maintaining these connections will help their career going forward. This is one of the reasons behind many students choose to study MBA in the UK.

The UK is home to 16 of the top 100 universities in the world, including four of the top ten. These universities include Cambridge, Oxford, University College London, and London's Imperial College. Due to its history, reputation as a common language, and reputation for offering courses of exceptional quality at affordable prices, the UK is a popular choice among international students. One's resume will stand out from the competition with an MBA certificate from the UK.

Another reason is the cost of getting an MBA degree in the UK is a cheap alternative to other costly competition from all around the world. International students can enrol in affordable MBA programmes at a wide range of small, private universities, particularly those in the London area. With tuition fees starting at around £7,000, several of these institutes offer international students a low-cost alternative to university-affiliated MBA degree programmes.

Best MBA Colleges In The UK For Indian Students

Here are some best MBA college names mentioned below in the UK for Indian students.

The esteemed University of Oxford is among some of the top MBA colleges in the UK is not a surprise. The integrated courses offer a broad range of coursework to extend the student's knowledge and understanding while also fostering optimum skill development. The second-best MBA school in the UK is Cambridge University. Indian students frequently choose it because of the personalised attention each candidate gets. Cambridge University places a high value on each student's involvement, resulting in a more meaningful college experience.

London Business School, which is more popularly known as LBS, has cemented its place as one of the best MBA programmes in the UK. Their courses are designed to assist students in assuming leadership roles and smoothly moving up the corporate ladder. The fast-paced curriculum at Warwick university, which is one of the top 5 MBA schools in the UK, helps students become ready for the demanding world of business management. Their courses are highly successful and aggressively encourage students to gain a thorough understanding of the international business landscape.

Bristol University is a prestigious institution that is rated as one of the top five MBA programmes in the UK. It is renowned for its targeted, pragmatic approach. The institution offers a thorough academic curriculum together with useful skills training to equip students for the actual problems in business.

The fact that Bath University's curriculum includes a unique programme of a multi-project package to prepare students for real-life settings makes it one of the top ten MBA colleges in the UK. In addition to offering the knowledge needed to successfully run a firm, a business degree also includes exercises that force you to solve problems in the present.
One of the top MBA schools in the UK, the University of Edinburgh offers an intensive programme to students who want to advance their careers in management. They offer a comprehensive and integrated programme for professional development and training as well as personal coaching.

MBA Courses In The UK For Indian Students

With more than 395 universities, the United Kingdom is the second-largest educational hub in the world and a model for overseas students seeking top-notch education. Internationally recognised UK qualifications have helped many seekers obtain dream professions or establish their own businesses. One of the most prestigious and sought-after programmes in the world, the MBA in the UK has become one of the most desirable study abroad locations for many foreign students. 

Eligibility For MBA In The UK For Indian Students

For consideration for enrollment to a business administration program in the United Kingdom, applicants must fulfil the crucial eligibility standards listed below:

Applicants must have completed secondary education at a level equivalent to that offered by the United Kingdom.

In order to prove English language proficiency, students are requested to obtain the necessary IELTS, TOEFL, or equivalent ELP Test scores. A relevant, three-year bachelor's degree from an accredited university, which is comparable to a bachelor's degree earned in the UK. Some universities in the UK could demand a bare minimum of two years of working experience. On the basis of applicants' GMAT/GRE evaluations or scores, certain universities also consider applicants.

Application Process For MBA In The UK

There is a clear standard for documentation and a standard methodology to finish the application process followed in the UK, similar to any other university in the world. The following is a step-by-step instruction on how to finish the application process for Indian candidates to pursue MBA in the UK.

Students are required to initially research the university to which they want to apply for the course, and students should visit the university web page for all the information, eligibility criterion and so on. If they fulfil all the criteria, they should proceed with the application process by submitting all the required necessary documentation. Students are required to write a statement of purpose of their study in the specified university and attach it to the application form. 

Popular Scholarships For MBA In The UK For Indian Students

Here are some famous scholarships for Indian students for MBAs in the UK. These are;

The Inlaks Scholarship:

The Shivdasani Foundation's Inlaks Scholarship for MBA students pays for tuition, living expenses, and outgoing travel fees. The organisation includes combined scholarship possibilities with Imperial College, the Royal College of Art (RCA), London, and the University of Cambridge and offers up to USD 100,000 (about GBP 73,000).

Chevening Scholarships

For Indian candidates with strong academic records seeking MBA fellowships, Chevening Scholarships is an international scholarship programme. It is an entirely financed merit-based scholarship for MBA programmes in the UK.

Felix Scholarship

Underprivileged MBA students from India are given a chance to study overseas in nations like the USA, the UK, and Australia, and the credit goes to the Felix Scholarship. The Felix Scholarship is available from the Universities of Oxford, Reading, and the School of Oriental and African Studies (SOAS), which is a division of the University of London. It includes living expenses, one round-trip ticket, and the full cost of tuition.

GREAT Scholarships

MBA applicants from India and 17 other countries spanning Africa, Asia, and Europe are eligible for GREAT Scholarships, which are jointly financed by the GREAT Britain Campaign and the British Council with support from many UK universities (EU).

Commonwealth Masters Scholarships

The UK Foreign Commonwealth & Development Office (FCDO) provides funding for the Commonwealth Masters Scholarships, which are open to qualified candidates from lower- and middle-income Commonwealth nations.

Scholarships offered by the Charles Wallace India Trust

Following a 1981 agreement between the governments of India and the UK, the Charles Wallace India Trust Scholarships were established. It was first founded as an English charity, and four trustees currently oversee its operations. The foundation has paid out over 3,000 scholarships as of right now, covering living costs, airfare for international travel, tuition, and housing for all qualified scholarship applications.

MBA In The UK For Indian Students Without GMAT

Numerous universities allow Indian students who do not have GMAT or IELTS exam to pursue an MBA in the UK. To be accepted without taking the GMAT into the top MBA programmes in the UK, applicants must meet extra prerequisites. Essays, interviews, work experience, and academic aptitude are a few examples of them. LORs (letters of recommendation) are another. One can study part-time executive MBA programmes in the UK even without GMAT if they have more than five years of professional experience. There are also full-time alternatives in some circumstances. Lancaster University, the University of Reading, the University of Lancashire, Birmingham City University, and Middlesex University are some examples of such universities which offer MBA programmes without GMAT exam.

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Frequently Asked Questions

The UK is a popular study-abroad destination for MBA for the following factors:

  • World-renowned institutions
  • Top-class academic facilities
  • High-paying work opportunities
  • High-standard teaching and research
  • One-to-one interaction with successful corporate leaders
  • 1-year MBA course to save time and money
  • Diversified specialisations and electives
  • Full-time career support
  • Cultural diversity
  • Work while study opportunities

The most popular MBA specialisations in the UK include the following:

  • MBA in General management
  • MBA in Marketing
  • MBA in Business Strategy
  • MBA in Finance
  • MBA in Human Resources
  • MBA in Entrepreneurship
  • MBA in Operations Management
  • MBA in Consulting
  • MBA in Accounting
  • MBA in Environmental management and sustainability

Typically, full-time MBA programs are 12 and 24 months long, involving intensive coursework, group studies, case studies, internships, and various experiential learning opportunities. On the other hand, a part-time MBA course duration ranges between 2-3 years and is designed to offer students flexible learning options.

Top-ranked UK universities to pursue an MBA from in 2023 are:

  • London School of Business
  • University of Cambridge
  • University of Oxford
  • Imperial College London
  • University of Manchester
  • Cranfield University
  • CITY, University of London
  • University of Warwick
  • The University of Edinburgh
  • Durham University

Top-ranked MBA colleges in the UK are listed below:

  • London Business School
  • Warwick Business School
  • Saïd Business School
  • Judge Business School, University of Cambridge
  • Cranfield School of Management
  • Business School, The University of Edinburgh
  • Imperial College Business School
  • Bayes Business School
  • Durham University Business School
  • Lancaster University Management School
  • Alliance Manchester Business School

You must meet the following criteria to apply for an MBA program:

  • A bachelor’s degree or equivalent from a recognised university
  • GPA around 3.5 or above
  • GMAT score between 600-650
  • IELTS score equal to or above 7.0
  • Work experience between 2-3 years
  • Letters of Recommendation from your previous employers
  • An impressive Statement of Purpose

NOTE: Some UK universities may accept candidates for MBA programs without work experience if the GPA and GMAT scores are high. Carefully check specific university's eligibility criteria before applying. 

Generally, an MBA course in the UK is a 12-21 months program which can cost an Indian student approximately 31,450 GBP to 87,900 GBP (33,12,691 INR to 92,58,551 INR). Fortunately, several scholarship options are available for meticulous students to reduce the burden of hefty tuition fees. Visit the official website of your preferred university for information about scholarships, grants and other forms of financial aid.

The table below highlights the approximate cost of studying MBA in the UK:

Particulars 

 Average Cost in GBP

 Average Cost in INR

 Total Course fee

31,450 to 87,900

33,12,691 to 92,58,551

 Rent

760 to 1,350 per month

80,054 to 1,42,206 per month

 Food

230 per month

24,229 per month

 Mobile phone & internet

85 per month

8,954 per month

 Stationery items

50 per month

5,267 per month

 Clothing & laundry

115 per month

12,113 per month

 Transportation

75 monthly pass

7,900 per month

 Miscellaneous

50 per month

5,267 per month

Top-ranked universities and business schools in the UK have made it compulsory for students to have good GRE or GMAT scores before applying to an MBA program. A GPA score of around 3.5 or above and a GMAT score of 600 or above are necessary to apply. However, the minimum GMAT score varies by MBA program and the university. Therefore, check the admission requirements before applying.

Yes, you can take admitted to an MBA program in the UK without GMAT. Some universities also offer 1 year MBA program without GMAT. For instance, the University of Warwick, Lancaster University, and Middlesex University are well-reputed institutes that admit students for an MBA without GMAT. However, you must meet the other eligibility requirements to be admitted to your preferred MBA course.

Yes, GRE and GMAT are the most preferred entrance exam for MBA in the UK. MBA aspirants must have 3.5 or above in the GRE or a GMAT score of 600 or above to apply for an MBA in the UK. It's also important to note that some universities waive GMAT scores if the aspirant has sufficient work experience in the relevant field.

Yes, you can! However, you must meet the alternate requirements to secure your admission. Here are the required documents for MBA without IELTS:

  • Medium of Instruction (MOI) certificate to prove English proficiency
  • 10thand 12th mark sheets to prove your score is 70% or more in English
  • Bachelor’s semester marks sheet
  • Provisional certificate
  • Passport
  • Letter of Recommendations
  • Resume
  • Statement of Purpose
  • Offer letter
  • Experience letter (if any)

You may also be asked to appear for online interviews or a written test to prove your English language abilities.

Finance, international business, marketing, business analytics, and information technology are highly paid MBA specialisations in the UK. But presently, MBA in banking and finance is the best paid in the UK, where the average salary ranges between 43,253 GBP – 94,883 GBP per year. Please note the numbers may vary by employer and education provider.

Here are the best options for higher studies in the UK after completing MBA:

  • Financial Risk Management (FRM)
  • Doctor of Business Administration
  • Certified Information Systems Auditor (CISA)
  • Chartered Financial Analyst (CFA)
  • PhD in Management
  • Data Science and Data Analytics
  • Project Management Professional (PMP)
  • Certification in Risk Management Assurance (CRMA)
  • Certified in Production and Inventory Management (CPIM)

Here is the application flow for MBA in the UK:

  • Take the necessary standardised tests – IELTS + GRE/GMAT
  • Complete your application essay
  • Prepare your one-page resume
  • Shortlist your B-school
  • Arrange a referee – your current employees/ former employer
  • Pay application fees – 200-300 GBP
  • Upload the required transcripts
  • Carefully fill in the details on the application portal
  • Appear for the interview
  • Wait for the offer

Two kinds of scholarships are available for MBA aspirants in the UK: internal (offered by B-schools) and external (offered by organisations). Here’s what you should do to earn a scholarship offered by a B-school:

  • Visit the official site of your preferred universities
  • Read and understand the eligibility criteria for each scholarship option
  • Gather the required documents
  • Take GMAT/GRE and IELTS and secure high scores
  • Register and apply online for the scholarship
  • Wait to hear from the university

Eligibility requirements vary from B-school to B-school, but here are the general requirements to do MBA in the UK from India:

  • 15 years of education
  • 2-3 years of professional experience
  • Proof of English language proficiency (IELTS/TOEFL/PTE)
  • Letters of Recommendation
  • Statement of Purpose
  • GRE/GMAT scores
  • Education transcripts
  • A valid passport
  • Portfolio/ MBA essays

You must apply for a Tier 4 UK visa to study MBA right after getting an offer letter from a UK university. Standard requirements for a Tier 4 UK Visa are:

  • Confirmation of Acceptance for Studies letter
  • A valid Passport
  • Travel documents
  • Your living arrangements in the UK
  • Copy of your birth certificate
  • Proof of English proficiency
  • Financial proof to show you have the means to afford the annual tuition and living cost in the UK

MBA in business analytics currently offers the highest salary. Here’s the approximate salary of an MBA professional with a specialisation in business analytics:

  • Management Analyst - $85,547 per year
  • Business Analytics Manager - $99,591 per year
  • Chief Executive Officer - $114,850 per year

Yes, you can apply for a job in the UK after completing your MBA course. To do so, you must apply for a post-study work visa from the UK Visa and Immigration Department. The work visa permits PG students to stay in the country for two years.

The average salary offered to MBA graduates ranges from GBP 84,000 to 153,500 based on their skills, academic performance, experience, and relevant industry expertise. Here’s the approximate pay scale of different MBA job roles:

  • Business Development Manager – 74,103 GBP
  • Equity Portfolio Manager – 80,050 GBP
  • Finance Manager – 61,532 GBP
  • Human Resource Manager – 51,230 GBP
  • International Business Manager – 45, 135 GBP
  • Investment Analyst – 57,010 GBP
  • Marketing Manager – 70,950 GBP
  • Project Manager – 68,980 GBP

MBA for freshers prepares individuals without prior work experience for their roles in the corporate sector. MBA courses are offered in various specialisations covering extensive coursework, case studies, group projects, and internships to help students understand management roles faster. Completing the course also increases their chances of getting selected by various employers.

Top-tier UK universities give more importance to students with 2 to 3 years of work experience in the relevant work field. However, several universities also accept candidates without work experience as long as they meet other eligibility criteria and have high GRE/GMAT and IELTS scores.

Yes, you can get admission to an MBA without work experience. However, ensure you meet all other eligibility criteria of specific MBA University. Furthermore, give your best effort to secure high GRE/GMAT and IELTS scores to secure your chances at a reputed B-school. Generally, top-ranked B-schools require 600 or more scores on the GMAT and 3.5 or above for the GRE and 7.0 for the IELTS.

There is no fixed rule on the minimum years of work experience for MBA admission in the UK. However, to stand out amid the cut-throat competition, having work experience of 2 to 5 years will increase your chances of getting selected. That said, you should also meet the eligibility criteria to secure your spot in the batch.

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