Exploring the UK Universities: A Deep Dive into the World of MBA Studies in the United Kingdom
The United Kingdom of Great Britain and Northern Ireland often known as the UK, has a rich history of shaping global leaders through its prestigious MBA programs. From political figures and artists to Nobel Prize winners, alumni of UK universities have left an indelible mark on the world with their contributions to society. The UK is a welcoming destination for MBA students, having been a centre of excellence in arts, sports, literature, innovation, and business for centuries now.
So, why study in UK for your MBA? Well, in this article, we will explore the compelling reasons to pursue an MBA in the UK along with popular MBA specializations and universities to target. Not just that, this article will also provide valuable information on admission requirements and the cost of obtaining a globally recognized MBA degree.
Why Pursue an MBA in the United Kingdom?
Each and every international student planning to study abroad conducts extensive research to understand the factors that make their chosen degree in their preferred country valuable. In this section of the article, we will explore the key factors that enhance the appeal of pursuing an MBA degree in the UK.
- Top-ranked Universities: With a history of providing exceptional higher education that dates back to the 10th century, the UK is home to a significant number of prestigious universities. In fact, 17 of these universities are ranked among the top 100 universities in the world, as per the 2024 QS World University Rankings.
- Globally Recognized Degree with Triple Accreditation: An MBA in UK earned from a recognized university holds immense global recognition. These business schools and universities have received accreditation from the AMBA, AACSB, and EQUIS so their quality of education is top-notch. Whether you are pursuing job opportunities in the USA, India, Japan, China, Russia, or numerous other nations, graduates from the UK are highly preferred after by major corporations across the globe.
- Accelerated 1-Year MBA: The United Kingdom is one of the few countries that offers a comprehensive 1-year MBA program and holds equivalent value as a traditional 2-year MBA. This unique offering not only saves you money on tuition and living expenses but also jumpstarts your career a year earlier.
- Affordable Tuition Fees: When comparing the major study abroad destinations around the world, the UK provides outstanding higher education with affordable options for international students. Understanding that not all students have a privileged financial background, UK universities offer scholarships based on your country of origin, financial situation, academic achievements, and many more.
- Post-study Work Visa: Every academic year, the UK warmly welcomes more than 400,000 international students and provides them with post-study work visas, which can last up to 2 years. The duration of your visa depends on your level of study, chosen course, and other factors. This gives international students the chance to stay in the country and seek employment opportunities that match their aspirations and choices.
- Excellent Job Opportunities: The UK hosts major companies in various major sectors like energy, telecommunications, retail, banking, finance, pharmaceuticals, and wealth management. Moreover, the country has a skills shortage list that offers job opportunities across major job sectors. As a result, post-study job opportunities are abundant, with the UK consistently ranking among the charts of top countries with higher pay scales offerings for its workforce.
- Safe and Diverse Environment: Do you know which country in the world boasts the most number of student-friendly cities? Yes, you guessed it right – the United Kingdom. With London topping the chart, this small island nation is home to 15 student-friendly cities in the top 100 globally, according to the QS World Best Student Cities 2024. This creates diversity and offers a unique blend of cultures and beliefs resulting in an unforgettable experience for international students.
- Part-time Job Opportunities: While selecting a study abroad destination, one major concern in aspirants’ minds is the availability of part-time jobs to cover their daily expenses. In the UK, the government permits international students to work for up to 20 hours per week during the academic year and full-time during their session breaks. These part-time jobs are available on-campus as well as off-campus.
Prominent Universities for MBA in the United Kingdom
The United Kingdom boasts prestigious institutions such as Oxford, Cambridge, and Imperial College of London, which consistently rank among the top 10 universities worldwide. However, not all students may meet the eligibility criteria for these esteemed universities. But fear not, as we have compiled a list of the Top 100 ranked and well-regarded UK universities that offer the MBA specializations mentioned above. These universities are known for their academic excellence, international research networks, post-graduation job placements, global alumni connections, and the value of their degrees.
University Name |
World Rankings as per QSWR 2024 |
University of Bristol | 55th |
University of Leeds | 75th |
University of Glasgow | 76th |
Durham University | 78th |
University of Southampton | 81st |
University of Birmingham | 84th |
University of Nottingham | 100th |
Popular MBA Specialization in the United Kingdom
When considering an MBA study in UK, it is essential to ensure that your desired specialization is available at
your chosen university. Fortunately, the UK offers a wide range of MBA specializations to cater to various interests and career goals.
Here is a list of popular MBA specializations in the UK.
- Accounting
- Business Strategy
- Consulting
- Data Analytics
- Business Analytics
- Entrepreneurship
- Environmental and Sustainability
- Finance
- General Management
- Healthcare
- Human Resource
- Information Systems
- International Business
- Marketing
- Operations
- Project Management
- Sales
- Sports Management
Depending upon the MBA specialization, check the eligibility and admission criteria of the universities. However, some common admission requirements are mentioned in the next section of this article.
Cost to Study MBA in the United Kingdom
The cost of studying for an MBA degree in the UK varies based on your chosen specialization. On average, you can expect annual tuition fees to be somewhere between £10800 – 48,000. Living expenses and accommodation can add up to approximately £9,000 – £12000 annually, depending on your lifestyle, preferences, and the city or town you will reside in. In addition, you will need to budget for a £590 visa fee, as well as national health surcharge fees and airfare to the United Kingdom.
To help with your finances, there are numerous part-time job opportunities, along with scholarships supported by private and government organizations for international students.
Admission Requirements
To apply for a master’s in business administration at a UK university, you typically need academic transcripts for classes 10th and 12th. You should also have completed a bachelor’s degree from a recognized institution with an aggregate score of around 60-65%. Some well-known UK universities may admit students with scores as low as 55%. In addition to academic requirements, international students must provide English language test scores, such as IELTS or TOEFL. Moreover, some universities may admit students without the English Proficiency Tests. Tests like GRE and GMAT are necessary for only a few universities and specific courses. For an MBA program, most of the universities will ask for 3-5 years of managerial work experience, while for a Masters in Management course prior work experience is not required.
In conclusion, getting an MBA in the UK is a smart investment to shape your future. The United Kingdom is a global leader in innovation and technology, and studying here can help you become a future leader. However, the process of applying, getting admitted, and handling the paperwork can be complex and hectic. That’s where the role of expert study abroad consultants comes to the rescue. Their expertise and guidance can make your educational journey smoother and more rewarding in the land of scholars.