MBA In Finance In The UK: Universities & Course Details

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Summary

  • This blog highlights the top universities in the UK for pursuing MBA in Finance. 
  • It gives a clear idea of the course details like eligibility criteria, tuition fees, and course duration of different Universities. 
  • Lastly, in this context, one will know the advantages of enrolling in an MBA in Finance in the UK. 

The UK offers lucrative career opportunities for students and is a highly recommended country for pursuing MBA. From world-class infrastructure to global recognition, it offers amazing degree plans for shaping careers and building an entrepreneurial mindset. MBA Finance UK is one of the most popular courses for students interested in capital budgeting, advanced accounting, money management and investments. Moreover, the growing need for MBA graduates in different esteemed MNCs across the globe made many UK universities introduce extensive MBA in Finance degree programs. 

Read on to find out more about these universities.

Top Universities for MBA in Finance in UK

This section portrays a detailed portfolio of different renowned MBA Finance course plans available in UK Universities. 

Imperial College Business School, London

This is among the top ten universities in terms of academic excellence in business management and STEM and ranked 7th in the QS World University Rankings 2022.

Particulars Details
Eligibility Criteria • Candidates with minimum GMAT scores of 600
• Applicants should hold an Undergraduate Degree with at least one UK Second Class Honours degree. 
• A candidate should have a minimum of 3 years of professional experience.
• The minimum IELTS score required is 7.0, and no band should be less than 6.5.
Annual Tuition Fees The annual tuition fee for this course is EUR 57,200
Scholarships • Imperial Loyalty Bursary (20% of tuition fees)
• Imperial Excellence Scholarship (EUR 15,000)
• Dean’s Impact Scholarship (EUR 25,000)
Course Duration 1 Year 

London Business School 

London Business School holds 2nd place in Financial Times 2021 among all the universities globally in offering a 2 year MBA degree program. As per the course plan, internships and placements are provided to the students after 4-6 months of graduation, opting for MBA in Finance in the UK

Particulars Details
Eligibility Criteria • The average GMAT score of the candidate should be 590-790. However, a minimum of 600 scores is mandatory
• Candidates should have an average working experience of 5.5 years
• Applicants should hold an undergraduate degree with at least one UK Second
• Class Honours or any other similar international degree
Annual Tuition Fees The annual tuition fee is EUR 97,500.
Scholarships • Up to 100% grants in tuition fees under the SARI Foundation Trust Scholarship
• Full fees scholarships under London Business School Fund Scholarships
• Up to full fees scholarships under BK Birla Scholars Programme
Course Duration  15 to 21 months. 

Arden University 

The private MBA programme at Arden University operates fully through digital means. The Admission Committee reviews the applications on a case-by-case basis. 

Particulars Details
Eligibility Criteria  • Candidates should have an IELTS score of 6.5 and not less than 6.0
• A minimum work experience of 2 years is required 
• A candidate should have a UK Honours degree at a minimum of 2.2
Annual Tuition Fees The annual tuition fee for this program is EUR 10,855.
Course Duration  1 year / 1+ year (part-time).

Bayes Business School, City University of London

The MBA Program at this university has triple-crown accreditation and is one of the top-ranked Financial Time Global MBA rankings 2021. The students enrolled on this program are given access to the campus of Dubai International Financial Centre.

Particulars Details
Eligibility Criteria • Candidates should have a full-time work experience of 3 years
• Should have an upper second class honours degree
• Working experience in a team of high-skilled professionals with a global outlook. 
Annual Tuition Fees The annual tuition fee for this program is EUR 47,000
Scholarship  • 50% grant on tuition fees in Academic Distinction Scholarship
• In the Women in Business Award Program, 30% of the tuition fees are allowed
• Up to 30% grant on tuition fees in International Award Program
• Up to 30% of tuition fees in the Entrepreneurship Award Program
Course Duration 12 months. 

Documents Required to Enrol for MBA in Finance UK

Students, who are looking forward to enrolling for MBA in Finance in the UK, should present the following documents: 

  • Updated CV/Resume of the applicant
  • Document Proof of English Language Proficiency
  • Authentic copy of university transcripts
  • Application essay and Statement of Purpose
  • Official documents of translation which is not issued in English
  • Proof of work experience
  • Copy of Passport
  • Letter of Recommendation
  • Documents stating financial stability

Scholarships To Study In UK For Indian Students

Advantages to Study MBA in Finance in the UK

Pursuing an MBA in Finance in the UK has several advantages. They are:

Access to Top-Class Educational Facility

The UK is one of the top internationally ranked nations, known for its world-class infrastructural and educational facilities. Most of the business schools in the UK are accredited with the prestigious AACSB and hold a special place in QS Global MBA rankings 2022. The quality of education provided in UK universities is unbeatable, as it helps shape the students’ careers by boosting their confidence to face the corporate market. 

Career Guidance Opportunities

Complete career guidance is offered to students enrolling on the course in the UK. From building a strong CV and cover letter to preparing for group discussion, all are efficiently guided by professional mentors. Hence, it makes the students ready for their internships and placements. 

Simple Admission Process

The universities in the UK follow a simple and structured admission and boarding process for international students. The application and submission of the scanned copies of the required documents are carried on through the respective universities’ online portals. Furthermore, the interview screening and result declaration also occur through digital means. 

Guide to Study In UK For Indian Students

Conclusion

To conclude, the MBA in Finance in the UK has become a popular course and is pursued by students of different educational streams. Because of the increase in the global job opportunities for finance students in the IT, investment, and other industrial sectors. Additionally, with the introduction of an easy admission process and scholarship programs, UK universities welcome students worldwide. Contact Leap Counsellors to fulfil your dream to study in UK. 

Frequently Asked Questions

1. What is the duration of an MBA in Finance in the UK?

Ans. The course duration of an MBA in Finance UK varies across universities. However, the course program usually takes one to two years to get completed with options of part-time and full-time course programs on offer.

2. What GMAT score is required for admission to MBA in Finance in the UK? 

Ans. As per the eligibility criteria of different universities, the minimum GMAT score required is 600. Furthermore, there are several universities that offer MBA courses to international students without any requirement of GMAT score, and select candidates on the basis of their academic record in previous qualifications and ELP, PTE scores.

3. Is the UK good for studying MBA in Finance?

Ans. England is considered to be one of the most prominent places for trade and finance in the world. Edinburgh and Leeds being the leading financial hubs, the UK has become a favourite study destination for both native and international students. 

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An International Higher Ed professional with 7+ years of experience studying, working, and living across three geographies, currently on a mission to share his journey as an International Student.