MBA in USA Vs UK - Check Which is the Better Option?
Are you looking forward to an MBA abroad? It turns out that MBA program in the USA and UK is quite different from each other. Let’s look at some of the differences between both countries.
World Ranking
As per FT Global MBA Rankings 2021, the London School of
Business in the UK is second overall ahead of Chicago’s Booth at third place.
Duration
The MBA program in the USA is for 2-3 years while it lasts for 12-
21 months (usually 12 months or one year) in the UK.
Living Costs
The cost of living for a student ranges from $2000 to $ 5000 in the USA, whereas it ranges between 10,000 to 15,000 GBP in the UK for a year.
Tuition Costs
An MBA in the USA is highly expensive with tuition costs of
about $75,000 while an MBA fee in the UK is around 10,000 to 15,000 GBP
per year.
Average Salary
After graduating with an MBA in the USA, you may earn
around $ 110,000 per year. However, in the UK the annual earnings are
about $ 116,000.