MBA in the UK 2023: Eligibility, Fees, Cost, Jobs, Universities Requirement for Indian Students

  • Team MasterPrep
  • minute read
  • Feb 16, 2023 02:54 PM

The MBA is considered to be the most sought-after degree when it comes to obtaining a globally recognized one in business and management. Read more about MBA in the UK, find out the requirements for an Indian student, and possible job opportunities after completing one.

Why study MBA in UK in 2023?

With more than 395 universities, the United Kingdom ranks as the second most important foreign student educational hub. With more than 5 lakh international students welcomed, the nation offers a wide range of cultural experiences. The best thing about studying in this nation is that foreign students from various backgrounds who are exposed to a whole new atmosphere create wonderful contacts that aid them in networking.

The MBA degrees completed in the UK are respected all over the world and have aided many aspirants in landing dream careers and even starting their businesses. Through its demanding projects and curriculum, completing an MBA will prepare you for contemporary business difficulties. Additionally, this curriculum aids in the development of a wider perspective for problem-solving when undertaken on a worldwide scale. For many overseas applicants, the United Kingdom is their top choice for a study abroad location.

The MBA program in Economics, International Business, and Health Administration is offered by 130 business institutions in the UK. Through seminars, internships, and alumni, students in these MBA programs can network with established business professionals.

If you are considering pursuing an MBA in the UK, you can be confident it will help you achieve academic achievement. In the UK, an MBA combines theory and real-world experience from a variety of fields. A range of MBA programs is available from the top universities in the UK.

Although they are not the ranking tables can help you learn which business schools provide the best MBA programs—the ones that can help you score additional points on your resume—since each student will have a different reason for pursuing an MBA.

Whether you should pursue an MBA immediately after graduation or after gaining some work experience entirely relies on your motivation and objectives. Some people get a lot of practice and education by studying the environment they operate in. Some individuals are also self-starters. An MBA will provide you with some fundamental knowledge, but you'll need lots of real-world experience to connect it all. Never forget that getting an MBA won't guarantee you anything, but it will teach you how to interpret "data," which is a crucial ability in today's world of intense competition.

Also read :Cheapest MBA in the UK for International Students 2023: Tuition Fees, Universities Requirements, Durations

Application Process for MBA in UK

The UCAS portal is used to submit applications to UK universities. The following is a step-by-step application process for a one-year MBA in the United Kingdom:

Official Website Visit the UCAS website.
Research Explore the course syllabus and the eligibility requirements.
Form Click on the respective university's application form.
Log in credentials To begin, you must create an account with your cell phone number or email address.
Verification You will receive an email or SMS with login information and verification on your registered contact number or ID.
Personal information Enter your personal information using the login information given (name, gender, date of birth)
Academic details Enter your academic record and upload any relevant documents.
Course and application cost  Choose a course and pay the application cost.
Mode of payment The application fee varies by university and can be paid with a debit/credit card or through online banking.
Submit and track Submit your application form; you may also track it from your account.
Possible interview Some colleges will require selected students to participate in a virtual interview.

One-year MBA Program in UK

The one-year length of the MBA program in the UK is what draws interest from around the world. The UK's one-year programs, in contrast to other nations where the typical MBA duration is two years, make it a perfect choice for workers who cannot take long absences.

All age groups of students are drawn to the course, especially given its shorter length. An MBA program's prospects of admission to the best foreign programs must increase with its length. This encourages qualified individuals who want to complete a quality education quickly, which keeps a program engaging for turn keeps a program engaging for both students and professors.

Entry Requirements for Studying MBA in UK

A 12- to 21-month MBA program in the UK costs between 31,450 and 87,900 GBP (approx. INR  2900,000 to 8100,000). In the UK, 130 business schools offer MBA programs. More interestingly, UK MBA requirements are less demanding than those in Canada and the USA. You can apply to the majority of MBA colleges in the UK if you have a GPA of 65% or higher.

For Indian students to be eligible to apply for an MBA in the UK, they must meet the following criteria:

  • Both a required undergraduate degree with honors in the second year and a sizable quantity of work experience are ideal.
  • Successful GMAT Exam Score
  • IELTS Band Score
  • Depending on the school you select, an MBA essay or personal statement may be required.
  • a letter of recommendation from your former employers and educational institutions.
  • The candidates are contacted for the interview when the admissions team has evaluated and approved the mentioned documents.

Language Proficiency for studying MBA in UK

Since the scorecard for these exams is good for two years, students should become familiar with the university calendar and thoroughly complete their admissions applications.

Test Average Score Required
IELTS 6.0-6.5
TOEFL 80-90
PTE 56-61

Also read : UK Study Scholarships

Universities offering MBA programs for Indian students in UK

Institution Duration Exams Accepted
The University of Oxford 1 year GMAT, GRE
The University of Cambridge 1 year GMAT
London Business School 15-21 months GMAT:600, GRE
The University of Warwick 1 year GMAT, GRE
Lancester University 1 year IELTS: 7, PTE: 62
Cranfield University 13 months GMAT, GRE
Brunel University 1 year IELTS 6.5, PTE 58
The University of Bath 1 year GMAT 600, IELTS: 7

Also read : Letter of Recommendation (LOR) for UK: Guidelines for UG & PG Courses, Writing Tips & Requirements

Cost of living while studying MBA in the UK:

Another advantage of UK MBA programs’ shorter duration is that the combined cost of tuition and living expenses is practically cut in half.

  • Depending on the college, an MBA may cost more or less in the UK.
  • Except Oxford and Cambridge, which may cost up to £45,000, the tuition fee might range from £10,000 to £15,000.
  • Your choice of college location will have a significant impact on the cost of living.
  • The UK Border Agency (UKBA) states that in addition to the tuition costs for studying in London, you must have a minimum of INR 1,15,000 per month to get your visa accepted.
  • You will require INR 1,00,000 per month for locations in the UK other than London.
  • You would typically require between 25 and 30 thousand rupees a week to live anywhere in the nation.
  • It is still only an estimate, though, because your lifestyle will determine the actual price.

The MBA course fees might lie anywhere between 10,00,000 to 75,00,000 per year, depending on the college. Indian students can pursue an intensive, 12- to 21-month MBA program in the UK costing between £31,000 and £88,000 on average. The overall expense of attending college in the UK for an Indian student ranges from INR 24,00,000 to INR 80,00,000.

Job Opportunities after studying MBA in UK:

An MBA can help you land your dream job, even though it may help you acquire one that pays more. However, studies have shown that including industry work placements within an MBA program, such as sandwich courses or internships, gives students the added advantages they need to get a head start in their careers. As a result, the following is a list of some of the best colleges in the UK that offer candidates MBA programs as well as work placements:

Do you want to know how much money you'll make after earning your MBA? Students who get their MBA can work in finance or business management. The chart below will give you an idea of what your salary might be if you worked in a particular profession.

Profession Average Salary in GBP Salary range in GBP
Operations Manager  45,000 28,000 - 96,000
Management Consultant 65,000 43,000 - 121,000
Marketing Manager 40,000 28,000 - 65,000
Project Manager  40,000 30,000 - 70,000
Finance Manager  50,000 30,000 - 60,000
Business Development Manager  45,000 25,000 - 75,000
Chief Executive Officer (CEO) 95,000 50,000 - 150,000
Investment Banker  ------- 30,000 - 50,000
Financial Manager  ------- 40,300 - 88,700

Also read : Journalism Course in UK- Universities, Eligibility Criteria and more

After graduating from college, international students have the option to live, study, and work anywhere in the world with the help of a temporary Post Study Work Visa (PSWV). Anyone can use this post-study work visa path in the UK, even students of Indian heritage having legitimate immigration status there.

The Graduate Route is open to all students enrolled in institutions recognized by the UK Higher Education Provider. This action is being taken in response to the UK's ambition to attract and keep the best students from around the world, as well as to help them learn about employment opportunities there.

With the new work permit, international students can now stay in the UK for two years after graduating and three years after finishing their Ph.D. program. As an international student, you will have a wide range of options, including studying for an MBA in the UK. Choosing the best university and submitting your application on time both need work.

The application process followed in the UK has a specified standard of paperwork and a set method, much like any university anywhere in the world. Therefore, always research thoroughly before finalizing anything.

Also read : Msc in Bioinformatics in UK