Entry Requirements for MBA
Are you looking for inexpensive business schools in the UK or planning to study in the country on a tight budget? We've compiled a list of affordable MBA programs in the UK for international students in case you're one of the many international students looking to acquire access to the global business sector. One of the most desired degrees for business professionals is a Master of Business Administration. Although the MBA is well-recognized on a global scale and can improve your skills while giving you the compelling edge needed for leading and inspiring others, it can be a costly procedure.
For indian students to be eligible to apply for an MBA in the UK, they must meet the following criteria:
Particulars | Details |
Educational Qualification | Bachelor' degree or equivalent educational degree |
Work experience | You need the work-experience of around 2-3 years, whereas, some institutions offer MBA without any prior work-experience. |
English language proficiency score | You need a minimum of 6.5 band score or 95 + in the TOEFL language exam |
Resume | An updated curriculum vitae is required |
SOP | An essay which tells what are your goals and what you want to achieve while studying in UK |
LOR | 1 to 3 LORs (Letter of recommendation) are required |
Financial proof | Evidences which confirm that you will be able to fully finance your education in UK |
Visa requirement | Visa is required to study in UK |
GMAT exam | GMAT is required but various institutions don't need it. |
Advantages of completing an MBA in the UK:
Prestige
The UK is home to some of the most renowned universities and business schools in the world, including Cambridge University, Oxford University, and the London Business School. An MBA from one of these schools can enhance your resume's legitimacy and prominence and help you find new professional prospects. Moreover, if you have a high score in your previous education then you might apply for a scholarship to such schools to obtain a high-quality education.
Global Networking Possibilities
UK MBA programs frequently enroll students from around the globe, providing you with the chance to network with and gain knowledge from a diverse range of people. Gaining a global perspective on business issues and developing professional contacts can both benefit from this.
Also read : UK Study Scholarships
Access to Top Companies
The UK is a center for international trade and is home to numerous leading corporations. You may be able to network with executives and experts in these organizations by pursuing an MBA in the UK, which will increase your chances of landing a job or launching your own business.
A variety of module options
Additionally, each MBA program offers a variety of module options for students to select from. The institution consistently places a strong emphasis on the personal and professional development of its students, thanks to its great module options and frameworks. Some colleges require students to complete an internship as part of their academic work in addition to the requisite modules. Overall, an MBA from a UK business school can give you a strong foundation in business education, a worldwide network, and the skills and information required to excel in the global business environment.
The shortest course time, which is perfect for professionals who cannot afford to take a long break from their business, is the biggest benefit of earning an MBA in the UK. Most courses last 12 to 18 months at most. By doing this, you can save time and money while obtaining a desired degree. Moreover, if you're seeking MBA degrees that are both reasonable and of high quality, the UK is the place to go.
Also read : Education Abroad Terms | Common Terms Related to Education Abroad
Cheapest universities to study MBA in the UK
Name of the University | About the institution | Duration type | Cost estimation (Approx.) | Next session |
University of Bolton |
|
One year (Full-Time) |
£14,450 or INR 14,54,689 | September 2023 |
University of Teesside |
|
1 Year (Full-Time) |
£14,300 or INR 14,39,212 | September 2023 |
Staffordshire College |
|
13 months | £16,750 or Rs 16,85,448 | September 2023 |
Leeds Beckett College |
|
18 months (Full-Time) |
£16,000 or INR 16,10,301 | September 2023 |
London School of Commerce |
|
1 year | £6,950 or INR 6,99,474 | ---- |
University of West London |
|
15 months | £15,000 or INR 15,09,318 | September 2023 |
Glasgow Caledonian University |
|
1 year (full-time) OR 2-3 years (distance learning) |
£18,950 or INR 19,07,851 | September 2023 |
The MBA program in the United Kingdom lasts from 12 and 21 months. The cost of this course might range between GBP 27,500 and GBP 87,900. This course also includes specializations in finance, marketing, management, international management, and so on.
The United Kingdom is linked to some of the most renowned universities and business schools, including Cambridge University, Oxford University, and the London Business School. An MBA from one of these colleges can boost the credibility and visibility of your resume and help you find new career opportunities. Furthermore, if you have a good score in your formal schooling, you may be eligible for a scholarship to such colleges to acquire a high-quality education at a low cost.
MBA Job Opportunities in UK
After earning an MBA, international students can pursue careers in the following fields.
Finance |
|
Marketing |
|
Human Resource |
|
The United Kingdom has about 6 million private-sector businesses. So, after obtaining an MBA, finding a job in the UK is not difficult. However, universities may not provide direct placements or internships. Instead, they direct their overseas students to a career counselor who assists them in navigating the job market.
There are many career chances for MBA graduates in the UK because recruiters are always looking for tech-savvy people with strong analytical skills. The following is a list of recruiters who have hired MBA Degree holders and the salaries they provide in the UK.
Top recruiters & Salaries after studying MBA in UK
Employer | Annual Avg. Salary (In GBP) |
Ernst & young | 125,000 |
Pricewaterhousecoopers | 64,741 |
Bain & Company | 83,000 |
HSBC | 128,000 |
Roland Berger | 54,000 |
After completing an MBA, international students will find it easier to obtain work in the UK, especially with the introduction of a two-year stay-back policy. Individuals might also earn more than GBP 80,000 per year after completing the MBA course program in the UK.
Overall, out of all the courses available at UK institutions, the MBA program continues to be popular among overseas students. When applying to a college abroad, one of the first things you should do is research tuition costs. Studying abroad is surely challenging, one has to handle tuition, rent, daily expenses, and so on. Choosing a university that meets your budget, must be the first step toward a future in the UK.
Also read : : Top 10 Countries with Free Education for Indian & International students