MBA in UK 2022: Eligibility, Cost, Top Colleges & Admission Process

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Summary

  • This blog lists the key points one should consider while choosing the best college.
  • It also briefly discusses the basic requirements for applying MBA in the UK.
  • A list of affordable universities for MBA programs in the UK is also illustrated.
  • There is also a step by step guide for the application of an MBA for Indian students.
  • Lastly, a list of most demanded MBA courses is drawn.

MBA in UK institutions is among the most popular degrees worldwide as it teaches students about the planning and operations of a company. Students are exposed to various facets of the business sector, including marketing, finance, human resource management, and administration. While the initial stage consists of an understanding of the entire business world, students might choose to specialise in one of the business disciplines at a later level.

The duration of an MBA in the UK is 12 to 21 months and the MBA cost in the UK is between 31,450 and 87,900 pounds. The total cost of studying in the UK for Indian students ranges from 29 lakhs to 81 lakhs. Around 130 business schools in the United Kingdom offer MBA programmes with concentrations in economics, health administration, international business, and other fields. The MBA in UK requirements are less severe than in other nations such as the United States and Canada. A suitable minimum of three years long bachelor’s degree, GMAT scores, and non-mandatory job experience are required for admission to MBA programmes at B-schools in the United Kingdom, thus offering a chance for freshers MBA in the UK.

MBA in UK Admission Requirements and Eligibility For Indian Students

The following are the standard eligibility for the MBA program in the UK for Indian students:

  • Academic Requirements: A bachelors degree with a 2:1 qualification, which is equivalent to 50-60%, while some MBA colleges may expect more.
  • GMAT Score: For most schools, 600+ (minimum) is required. The average for the 2019 class of several B-schools.
  • Work Experience: Work experience is not always required.
  • English Language Proficiency: IELTS score (minimum 6.5) and TOEFL (minimum 95)
  • Updated Resume
  • Letter of Recommendation: Academic LOR is not acceptable if only one LOR is submitted. However, 1 to 3 professionals or from a supervisor is preferred.
  • Essay: 500-word personal statement/SOP addressing short and long-term career aspirations, how an MBA course will prepare you for the future, outlining one teamwork experience, and why you choose the programme.
  • Student Visa
  • Proof of funds

Application and Admission Process for MBA in the UK

Before entering the business world, you must first complete the application process and meet specific criteria for a Master of Business Administration (MBA). If you want to apply for an MBA programme in another country, be prepared for a lengthy but worthwhile application process.

  • Decide on the best MBA programme for you.

You must first choose an MBA specialisation before applying to an MBA programme. We’ll give you a few ideas to get you started, but feel free to look up your favourite subject:

  • MBA in General Management   
  • MBA in Marketing   
  • MBA in Entrepreneurship   
  • MBA in Human Resource Management   
  • MBA in Engineering Management   
  • Choose between on-campus and online MBA programmes

Of course, depending on your schedule and options, the next step is to decide whether to pursue an online MBA or an on-campus MBA.

  • Examine your application deadlines and fee

Depending on the university you choose, you will have to adhere to particular dates for your MBA application. Keep track of the deadlines for submitting documents and application fees.

  • Collect and prepare the above-mentioned transcripts and records
  • Prepare for the interview

After submitting all of your documents, you will almost certainly be invited to an admissions interview. Some MBA colleges prefer an online video interview, while others require you to be on campus. Of course, where you live at the time you apply to that university plays a role. You will need a solid understanding of why you chose this MBA course and business school for your interview. You will need to be able to discuss your job aspirations and interests in depth.

Top Schools for MBA in the UK

The best B-schools for MBA courses in the UK based on The Financial Times Business School Rankings (2021), MBA cost in the UK, and the time it takes to finish the programme are listed below. Apart from these, the UK has over 100 business schools offering a variety of MBA programmes. From the United Kingdom, you can enrol in full-time general MBA, executive MBA, speciality MBA, or distance/online MBA in the UK for international students.

Top Colleges Exams Required  Tuition Fees (1 Year) Duration
University of Greenwich IELTS, PTE INR 25.0 Lakhs 2 Years
University of Northampton IELTS, PTE INR 21.0 Lakhs 2 Years
University College London GMAT, GRE, IELTS, PTE INR 24.73 Lakhs 16 Months
London School of Business GMAT, GRE, IELTS, PTE INR 60.6 Lakhs  15-21 Months
University of Manchester GRE, GMAT, IELTS, PTE INR 37.22 Lakhs 15 Months
Canfield University  GMAT, GRE INR 40.3 Lakhs 13 Months
Anglia Ruskin University  IELTS, PTE INR 16.89- 17.4 Lakhs 12-20 Months
Teesside University IELTS, PTE INR 8.62- 14.5 Lakhs 12 Months- 2 Years
Oxford University GMAT, GRE, IELTS INR 65.1 Lakhs 1 Year
University of Cambridge GMAT INR 58.9 Lakhs 1 Year
Lancaster University IELTS, PTE INR 34.1 Lakhs 1 Year
Coventry University IELTS, PTE INR 32.4 Lakhs 1 Year
University of Leeds GMAT, GRE, IELTS, PTE INR 37.4 Lakhs 1 Year
University of Birmingham  IELTS, PTE INR 31.86 Lakhs 1 Year
University of West London  IELTS, PTE INR 15.21 Lakhs 1 Year
University of Glasgow IELTS, PTE INR 30.29 Lakhs 1 Year
London Metropolitan University IELTS, PTE INR 13.91 Lakhs  1 Year
Imperial College of London GMAT, GRE, IELTS, PTE INR 57.86 Lakhs 1 Year
Kingston University London IELTS, PTE INR 32.2 Lakhs 1 Year
University of Hertfordshire IELTS, PTE INR 23.0 Lakhs 1 Year

Affordable Universities that provide MBA in the UK

Aspirants sometimes drop their dream of studying MBA in the UK on considering the expenses involved. 

The UK is one of the most expensive places to live and study. But there are plenty of renowned and famous universities that provide MBA courses at an affordable rate.

Here’s the List of Affordable Universities that Provide MBA in the UK

Name of the Universities Tuition fees Duration 
University of Birmingham INR 18.21 Lakhs 2.5 Years
Institute of Education University of London INR 7.25 Lakhs 2 Years
Cardiff Metropolitan University INR 9.2 Lakhs 1 Year
Suffolk University INR 11.2 Lakhs 1 Year
University of East London INR 15.3 Lakhs 1 Year
University Campus Suffolk INR 9.49 Lakhs 1 Year
Ulster University INR 9.55 Lakhs 1 Year
University College Birmingham INR 7.19 Lakhs 6 months

Conclusion

If you want to manage a successful business or work for a multinational corporation, you must improve your knowledge and abilities. To enhance your career ambitions, it is time to seriously explore higher education at one of the top MBA institutions in the UK. A degree of MBA in the UK not only teaches you about the global business climate but also adds a certain cachet to your resume that attracts the attention of established business moguls.

Frequently Asked Questions:

Q. How much money can one make in the UK after getting their MBA degree?

A. International candidates can expect a significant return on investment from business schools in the United Kingdom. The majority of b-schools offer a pay package of around £100,000 per year. This means that an MBA student in the UK could earn up to 92 lakhs INR.

Q. How can one acquire an MBA scholarship?

A. International students can apply for a variety of scholarships, including those granted by the universities that sponsor the programme and those supported by the government. Fulbright Scholarships, Chevening Scholarships, Inlaks Scholarships, and other government-funded scholarships are among the most popular. You must meet the specified qualifying conditions and apply through a university or granting organisation. Scholarships are mostly given to those who have excelled academically and professionally.

Q. What is the approximate living expense for international students in the UK?

A. For international students, it would cost around 900 pounds per month, except the academic fee.

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Kanika took a detour from academics for the corporate world. Now she works as a senior editor specialising in content creation, marketing, and strategy.