MBA in UK Consultants

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 9

MBA in UK

Check the full guide.

Management has become a vibrant topic nowadays. It has achieved great heights in
this coming world. We require management in everyday life but do not focus on it in
that sense. The general meaning of management is to handle a group of things
together in a given time period. For example, the students who are preparing for the
CAT exam need to manage their time periodically as per their routine. One more
example can be managing the finances of your home in the given amount of money.

MBA in UK for Indian Students


Management is a necessity for everyone and is a part of everybody’s routine. But
when we talk of pursuing a particular degree in management then this term
bifurcates in various divisions. Management is a required field in every subject. For
example, events, hotels, tourism, business, finances, marketing, etc. Business is the
top priority for the students recently due to many startups, and the demand for
management professionals in top companies.

Students, as well as professionals from every field, are looking forward to study MBA
abroad. They want to improve their business skills and also want to get a good job
opportunity there. Due to the huge demand and high salary packages, students
migrate abroad for their MBA studies.

Types of MBA in UK
The international students get the opportunity to choose the type of MBA they want
to pursue. There can be various options to choose on which modes to study. There
are 3 ways to study that international students can opt for.

 Full-time MBA
A full-time MBA allows the student to complete the degree on time. This also
helps the students to gain practical as well as theoretical knowledge from the
University. The time period of this MBA is one year in the UK.

 Part-time MBA
A part-time MBA is done by the students who are pursuing a Job and cannot
give full time. Part-Time MBA is not for International Students. Non-UK or UK
citizens can do it while working full-time in the UK. It is completed in 2 years in
the UK. The student gets ample time in this to prepare and appears for the
University exams.

 Online MBA
Online Study is very popular after COVID – 19 Pandemic. Online MBA
provides the benefit of studying at home. This not only saves the traveling
cost but also encourages the students to study in a homely environment.
Comparison between MBA degree in INDIA and MBA degree in UK

It is better for the student to know why he needs to choose the UK for the MBA
degree rather than India. If we do compare the Indian MBA degree with the UK MBA
degree, we will find various differences. Some of them are:

 In India, the MBA degree is of 2 years whereas in the UK it is of one year.


 In India MBA degree provides the student to opt for a specialization in the 2nd
year. Whereas, in the UK, the practice starts from the very beginning in the
form of practical.
 In the UK, an MBA degree works on providing business skills to the students
and hence covers all specialization in a year. Whereas in India the students
choose one or two fields of specialization.
 A UK MBA degree saves time and money for the student and provides a high
placement job earlier than an Indian MBA.
 The students preparing for the top colleges in India have to struggle a lot to
secure admission. Whereas in the UK the students can get to the top colleges
easily on the basis of their minimum academic requirements.
 The fees of top Universities in India are between 10 to 30 lakhs. Whereas in
the UK, the fees range between 10 to 20 lakhs for an entire course. However,
it can be easily recovered by the student through part-time jobs and
placements.
Why pursue MBA in UK

The United Kingdom is a group of well-developed nations which possess more than
3 trillion dollars in GDP. The UK has a great environment and works to strive toward
the excellence of its people. London, which is a great business city, is the dream of
many students. The UK not only provides quality education but also provides high
placement jobs to the students. There are many reasons why an international
student should choose the UK to pursue an MBA. Some of them are:
1. Globally recognized in Business courses

The United Kingdom is recognized as a leading business education provider


in the world. Everyone is well aware that Universities in the UK provide
business education from ancient times, and the tradition is followed till day.
The Universities in the UK are globally recognized and possess a great global
reputation

2. Top-class universities

The United Kingdom has cream-layered universities. These universities have


occupied their place in the world’s Top 100 Universities. They provide a well-
researched education to the students. Therefore, the students of these
universities set a niche all over the globe. The Russell Group of Universities is
placed in the Top 100 best Universities in the world. Enrolling in these
universities can develop a student’s career in a strong way.

3. Research-based environment

Students want to study In the UK, so that they can develop their research-
based approach. The Universities do not focus on rote learning. However,
they focus on developing the research-based or practical approach for the
students. This provides the student with a new way of learning and applying
things in the real world.

4. Affordable fee structure

The UK has an advantage over other countries when it comes to the fee
structure. A different group of universities has different fee structures. The
fees of the MBA range from £12,000 GBP to £80,000 GBP. It can go higher if
the university demands so. But, in general, the fee structure is very nominal in
comparison to other countries.

One more advantage of the UK universities is they provide an MBA degree of


1 Year. The benefit of this is that rather than studying for 2 years the students
can complete their studies and can work in the UK in that time. This provides
them a quicker opportunity to pursue a job and also saves money and time.

5. Availability of scholarships

Besides having a nominal fee structure, Universities in the UK provide various


scholarships to international students. The motto behind this is to encourage
the students to study abroad. The international student gets a lot of benefits
than the natives.

6. High Job placements

As the student will be able to complete his MBA in UK in one year, he will find
a job earlier. Some universities provide a placement year with an MBA
degree. The students can easily get placement due to the high requirements
of the professionals. The international student will receive a 2-year PSW in
UK which will help them to earn money after their studies. The salary of the
students in the UK depends upon practical skills more than theoretical skills.
Top Universities for MBA in the UK

To pursue a master’s in Business administration (MBA) in the UK, students need to


know about the types of universities. This helps them to understand the
requirements of that university and their qualifications. There are more than 150
universities present in the UK. Great Britain has more than 100 Universities out of
the 150.

In the UK, the students majorly enroll themselves in one of the 2 groups of the
Universities. The 2 groups are described below:

1. Public-funded Universities

The public-funded universities are those which are funded by the UK


government. These Universities are quite cheaper than privately-funded
universities. Public-funded universities also include the Russell Group of
universities. Therefore, we can say that all the Russell group of universities
are public-funded but not all public-funded universities are Russell Group of
Universities.

Some universities are not highly research-based as Russell Group but


possess a good reputation. These universities are placed in the Top 500
world’s best universities. Some of them are quite cheaper than the Russell
Group of universities. However, these universities also provide great Job
opportunities in UK.

The names of some of the public-funded universities in UK are:

1. University of East London


2. Birmingham City University
3. University of Worcester
4. Coventry University
5. Anglia Ruskin University
6. Sheffield Hallam University
7. Ulster University
8. University for the Creative arts
9. Middlesex University
10. De Montfort University
11. York St. John University
12. Keele University
13. University of Plymouth
14. University of Aberdeen
15. Queen Margaret university
16. Canterbury Christ Church University
17. Cardiff Metropolitan University
18. Kingston University
19. University of Kent
20. Oxford Brookes University
21. Durham University Business School
22. University of Sussex
23. University of Essex
24. Falmouth University
2. Russell Group of Universities

The Russell Group of universities is considered a group of top-class


universities in the UK. The group involves 24 top universities. These
Universities have world-class research-intensive programs which develop a
different perspective in students. The Russell Group of universities has a high
reputation in the entire world. These Universities are known for providing a
research environment and high placement jobs in UK

More than 32% of international students are enrolled in the Russell Group of
universities. The group of these Universities is counted among the world’s top
100 universities. The name of the 24 Universities are:

1. University of Birmingham
2. University of Bristol
3. University of Cambridge
4. Cardiff University
5. Durham University
6. University of Edinburgh
7. University of Exeter
8. University of Glasgow
9. Imperial College London
10. King's College London
11. University of Leeds
12. University of Liverpool
13. London School of Economics & Political Science
14. University of Manchester
15. Newcastle University
16. University of Nottingham
17. University of Oxford
18. Queen Mary, University of London
19. Queen's University Belfast
20. University of Sheffield
21. University of Southampton
22. University College London
23. University of Warwick
24. University of York

Admission requirements

To make an application to your favourite University in UK, you are required to submit
the following documents. The required documents are:

 Mark sheet of class 10th


 Mark sheet of class 12th
 Mark sheet of bachelor’s degree
 Transcript of bachelor’s degree
 Passport
 IELTS score (if required)
 2 letters of recommendation (LOR)
 Statement of purpose (SOP)
 Updated CV
 Work experience (if any)

Eligibility criteria
The criteria to get admission in the UK is different for a different group of
Universities. If the student wants himself to enroll in the Russell Group of universities
then the criteria are different. Meanwhile, the criteria vary for the public-funded
institutes also.

1. For Russell Group Universities


o The student must have secured 70% in his bachelor’s degree.

o GMAT exam is required in some Universities.


o If more than 70% in English are in class 12th (CBSE/ICSE) then an
IELTS waiver can be given.
o IELTS score of 7.0 overall with 6 in each element, It varies with the
university
o PTE score of 70 overall with no band less than 51, It varies with the
university
o TOEFL score of 100 with no band less than 21, It varies with the
university
o 2-3 years of work experience is preferred.
2. For Public-funded Universities
o The student must have secured 55% in their bachelor’s degree.

o GMAT is required in some Universities.


o If more than 60% in English subject in class 12 th (CBSE/ICSE), then an
IELTS waiver can be given.
o If more than 65% - 70% in English are in class 12 th (state boards), then
an IELTS waiver can be provided to the students.
o IELTS score of 6.0 overall with no element less than 5.5 is required.
o Work experience is preferred but It varies with the university

Fee structure of MBA in UK


The fee structure varies according to the different universities. If you want to pursue
an MBA from the Russell Group of universities then the fee will be £25,000 - £35,000
GBP. If you want to pursue an MBA from a public-funded University then the fee will
be £12,000 - £20,000 GBP.

The international students will also get a benefit from the scholarship. The fee
structure of some of the universities (for session 2022-23) are given below:

Name of the University Fee structure (1 year)


University of Worcester £14,400 GBP
Birmingham City University £16,300 GBP - £18,000 GBP
Middlesex University £19,000GBP
Oxford Brookes University International distance learning- £14,100 ACCA member or £18,600 for a non-ACCA member.
University of East London £16,200 GBP
Coventry University £18,500 GBP
Anglia Ruskin University £17,200 GBP
Sheffield Hallam University £17,105 GBP
Ulster University £19,000 GBP
De Montfort University £17,000 GBP
University for creative arts £18,500GBP
York St. John University £10,800 GBP
Queen's University Belfast £19,000GBP - £26,250 GBP
London school of economics £19,000 GBP - £30,000 GBP
For more details, students can visit the university website.

Scholarship to study MBA in UK


The attraction for many international students is the scholarship offered by the
Universities. If we talk about the scholarship program in the UK, it is considered
better than any other country. The Universities in the UK provide scholarships to the
students if they have secured a minimum of 55% also in their bachelor’s degree.
This creates a hike in the number of international students going abroad for their
studies.

The Universities in the UK provide scholarships *Up to 100% (T&C apply) if the


students meet the criteria. Let’s understand this with the example of 2 universities.

University of Worcester (public-funded university)

The University of Worcester’s fee for an MBA (1 year) is £14,400 for the academic
year 2022-2023. The scholarship provided to the students is up to £3,000 which
reduces your fee to £11,400. Scholarship in Worcester for UG students going for
master’s courses is 2000 pounds for 55% to 60% & is 3000 pounds for 60% to
above. If the student pays full tuition fees in one shot then with the above scholarship
he gets an early bird discount of £500 also.

Queen's University Belfast (Russell group of Universities)

Queen’s University Belfast provides a scholarship for MBA for up to £5,000. The fee
for the MBA in QUB is £26,250. After receiving the scholarship of 5,000 the fee gets
reduced to £21,250. There are many scholarships provided to international students
for pursuing post-graduation programs at QUB. If the student pays the full fee in one
shot then he gets a discount of £1,500 with the above scholarship. The eligible
student will automatically receive the scholarship.
Living Costs in UK

A major problem that students face is the problem of living in another country at
affordable prices. In the UK students pay the living cost according to the city chosen.
For example, the living cost inside London is quite higher than the outside London
cities. An international student needs to choose where they want to study which can
help them evaluate their living cost.

 Inside London
London is counted among the most expensive cities in the world. It is a city of
dreams in the entire United Kingdom. If the students want to study in London
then this will cost them a bit higher. The cost of living in London ranges from
12,000 pounds to 15,000 pounds.

 Outside London
The UK is full of various great cities. It is not necessary that a student needs
to live in London only to have a good exposure. The UK has a dynamic
culture and has people from different nationalities. Outside London is much
cheaper than inside London. Hence, the cost of living outside London ranges
between 8,000 pounds to 10,000 pounds.
Jobs and salary after MBA in UK

If you are studying in the UK then you need not worry about the high-salaried jobs.
The UK has a high employment rate which means that the student will surely get a
job after his studies. There are various jobs in the UK with a high salary package.
Some of the jobs with their salaries are described below.

 Human Resource
Many students want to become human resource managers due to their role in
every organization. The UK has a high demand for HR and also pays well.
The salary of an HR manager ranges from 20,000 pounds to 40,000 pounds a
month.

 Marketing and sales


If the student has an interest in marketing or sales, then he can also get a
high-salaried job. The UK has a demand for people who can work as
marketing or sales representatives for the company. The salary provided to
them ranges from 30,000 pounds to 45,000 pounds a month

 Commercial manager
The role of a commercial manager is to manage the company’s commercial
affairs. The students who want to be commercial managers can apply for this
job in the UK. The salary of the commercial manager is 45,000 pounds per
month and above.

 Business development representative


Nowadays organizations require a business development representative who
helps the company by building its reputation. Many organizations require them
in large quantities. Students can also become business development
representatives after completing the MBA. The salary of this post is 25,000
pounds to 35,000 pounds.

 Product specialist
Every organization has a product to sell. To sell a product they need a product
specialist who can evaluate the product and can modify it when needed. The
salary of the product specialist is between 35,000 pounds to 50,000 pounds.

 Business analyst
After pursuing an MBA in UK, the student can become a business analyst. A
business analyst helps the organization to grow and evaluate its progress.
The salary of a business analyst is between 35,000 pounds to 45,000 pounds.

 Finance manager
Students can become finance managers after completing the MBA. The
finance manager looks after the financial conditions of the organization. This
is the highest paying job in the UK. He receives a salary between 40,000
pounds to 120,000 pounds.

You might also like