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MBA in UK

(United Kingdom)

Among the most sought-after courses worldwide, a degree in business from a UK university assists students to acquire awareness about preparation,running and managing an organization. Students get conspicuity to various characters of the business world which comprises sectors such as marketing, finance, human resource and administration. While the primary phase contains a summary of the whole business environment, at a more higher stage, students can choose for specialization in one of the sectors of business. Uk universities offer the most coveted business programs. Several best institutions that offer MBA in the UK contains, the University of Oxford, University of Warwick, University of Bath and University of St Andrews.

Some of the benefits of studying MBA in UK are:

 benefits of studying MBA in UK
  • Worldwide recognized degree is offered and, Universities at the UK provide diploma, undergraduate, masters and research courses in business.
  • MBA in the UK attains the top most famous business programmes rendered by some of the UK’s most reputable universities.
  • Simultaneously with conceptual studies, business programs at UK universities also concentrate on case studies and possible disclosure as they assist students to comprehend the subjects more reliably.
  • A degree in business from a UK university heightens the career opportunities and earning capacity of the students. In several institutions, students need to endure an internship programme as a component of the course curriculum.

No. of Intakes for MBA

Universities in the UK offer three intakes in a year.

 

  • September
  • January and
  • April

UK (United Kingdom) Visa Process :

MBA in uk visa process for students
UK visa specifications and comprehensive immigration measures are handled by UK Visas and Immigration, which has an easy to operate website to aid you to decide if you require a UK student visa. Whereas Swiss nationals and those from the EU/EEA states don’t need a visa to study in the UK, however, all other international students are prone to need one.

The outcome of the UK’s poll on membership in the European Union (‘Brexit’) has resulted in some ambiguity over visa ordinances. However, the UK government has asserted that there won’t be any modifications to the rights and status of EU residents until 2021.

Types of UK Student Visa:

  • If you’re considering to study a condensed course and are above 18 years old, you might be qualified for the short-term study visa. And it is valid up to six months for almost all short programs and can be stretched for a stay till 11 months for English language programmes.
  • If you’re considering a more extended course, you need to be sure that your preferred institution endures a Tier 4 Sponsor License. You can both apply for a Tier 4 (Child) student visa (if you’re aged 4-17 and aspire to study at a self-governing school in the UK) or a Tier 4 (General) student visa for those aged 16 and above.

Documents required to apply for UK visa:

Customarily UK student visas are granted on a point-based system. To suffice all the UK student visa terms, you have to provide:

  • Your passport
  • Two recent passport-sized photographs
  • Proof of sufficient English language skills
  • Proof of enough financial funds to support you during your stay in the UK
  • If you’re a non-EU/EEA/Swiss student pursuing a delicate subject, you might need an ATAS
  • An unconditional offer of a spot on a program provided by a licensed Tier 4 Sponsor, supported by a (CAS) “Confirmation of Acceptance for Studies” document from your course provider
  • Required academic qualification documents

Application Process:

 

  • If you’re 16 or 17 years old and petitioning for the Tier 4 (General) student visa, you need to have written confirmation from your parents/guardians that you can stay with and travel individually.
  • You need to apply online for the Tier 4 (General) Student visa, confirming you have read the full direction here. You can apply up to three months before you commence the course.
  • You can apply for streamlined visa processing to pursue a master’s degree at any of the suitable universities, through Tier 4 Pilot scheme.
  • Your chosen program must be 13 months or shorter, and you may apply from within or outside of the UK. The pilot scheme will let you stay long after the completion of your program.
  • You can extend your stay up to six months, after finishing your course and it implies that you do not have to provide documents, proving your academic outcomes or evidence of sufficient funds.
  • Nevertheless, you might still need to hold these documents to hand if they are required, and must obey every immigration guidelines.
  • The prevailing fee for the Tier 4 (General) student visa is £348 (US$440), with an extra £348 pay per person for any beneficiaries. You have to pay a healthcare overcharge of £150 per year (US$190) to obtain the National Health Service (NHS) throughout your stay.

Eligibility Criteria for studying MBA in UK

  • A bachelor’s degree with 60% aggregate academic score or equivalent degree is mandatory. Some universities also allow a 3-year bachelor’s degree to study MBA in UK.
  • To pursue an MBA programme in the UK, you need to have at least three years full-time consecutive work experience of administrator or managerial grade, even though five years of work experience is preferential.
  • For most universities, students are bound to take TOEFL or IELTS. It is an English Proficiency Exam for admittance to an MBA program in the UK, even if you have studied in English medium your whole life.
  • GRE and GMAT are mandatory for most UK universities. Few schools may disregard this test if satisfied after a personal interview. Apart from this MBA essays and letters of recommendations are highly appreciated.

MBA without GMAT in UK

Want to get MBA admission in UK but are worried of GMAT score?  So, to help you out, we are providing you with the names of few schools in UK that don’t require a GMAT. But before that let’s know what are the minimum requirements to enter the university without GMAT:

  • Graduate in any professional discipline from a recognised university
  • Minimum 3 years of work experience
  • Letter of recommendation
  • Valid UK visa
  • Curriculum vitae with all the details added

In UK only few universities offer admission without  a GMAT score. To get an admit without a GMAT, there are other admission criteria like: through GPA, letter of recommendation, bachelor’s degree, work experience, IELTS score etc.

Below is given the list of universities:

  • Warwick
  • Imperial Business School
  • Ashridge Business School
  • Henley Business School – University of Reading

MBA in UK with Scholarships

Studying an MBA in UK comes with a huge financial burden for international students. Despite its high tuition fees, students opt for this program is for its globally acclaimed degree. Taking that into consideration, international organisations provide financial support to foreign students in the UK during their postgraduate degrees. Here are some scholarships available for MBA in UK with its benefits:

Great Scholarships: Full tuition fees

Inlaks Scholarships: Tuition Fees

Common Wealth Masters Scholarships: Partial Tuition Fees, Travel Grant, Basic Expenses

Global Study Awards: £10,000

Chevening Scholarships: Tuition Fees, Travel Cost, Monthly Stipend, Cost of Visa Application

Commonwealth Fellowship Plan: Full Tuition Fees

Entrance Exams required to get an MBA admission in UK

entrance exams for mba in uk
  • IELTS: International English Language Testing System

  • TOEFL: Test of English as a Foreign Language

  • GMAT: Graduate Management Admission Test

  • GRE: Graduate Record Examinations

TOEFL and IELTS are the most basic language test needed at British universities. Nevertheless, the band of English language proficiency examinations has increased and, universities now recognize specific groups of students intending to appraise their English level in various forms.

Graduate Management Admission Test(GMAT) is a chosen and entrusted portion of the admissions process. It aims to assess the comprehensive awareness of students in algebra, arithmetics, geometry, multi-data source and grammar. The four consecutive parts included are:

  • Analytical Writing Assessment
  • Integrated Reasoning
  • Quantitative
  • Verbal

The Graduate Record Examination (GRE) examines you in the areas of verbal reasoning, quantitative reasoning and analytical writing. Many potential students find it perplexing whether to select GMAT or GRE since they appear to be alike. The main variation between them depends on the basis that the GMAT is only needed in graduate business programs, while the GRE is required regardless of the graduate program you decide to pursue.

University Duration of course Course Fees
Said Business School 1 year $78,000
Cambridge Judge Business School 1 year $84,366
London Business School 15-18 months $80,000
Imperial College 1 year $66,932
Alliance Manchester Business School 12- 18 months $56,981
Warwick Business School 1 year $33,379
Imperial College Business School 1 year $69,298
Business School, Durham University 1 year $38,851
Lancaster University Management School 1 year $36,348
Cranfield School of Management 1 year $50,513

MBA without work experience in UK

If you have recently graduated and are planning to study an MBA but have no relevant experience, not to worry.  There are certain universities and business schools in UK which offers an MBA degree without work experience.  Here are the benefits of doing an MBA without work experience:

  • You get an early progress in the corporate world
  • Saves enough time
  • Helps you develop managerial, analytical, and communication skills
  • You get the chance to grow your business experience academically as well as professionally

These are the list of universities that you can look up to:

  • Anglia Ruskin University
  • Coventry University
  • Glyndwr University
  • Liverpool John Moores University
  • Staffordshire University
  • Swansea University
  • University of Central Lancashire
  • West College London
  • University of Bedfordshire
  • University of East London
  • Leeds Beckett University
  • University of Northampton
  • University of Sunderland
  • Teesside University
  • University of West London

Work Visa after Completing MBA in UK

As an international student, if you don’t possess an EEA (European Economic Area) or a Swiss passport, you might have to apply for a visa to study and work in the UK. The UK government just reinstated the post-study work (PSW) visa, which permits students to remain in the UK up to 2 years after completing their graduation.

Some of the Documents Required are:

  1. Passport
  2. University Degree
  3. Health Insurance
  4. Proof of funds

Tier 2 Work Visa

Once you have graduated, you are relieved from the Resident Labour Market Test. However, you may need to apply for the Tier 2 work visa and, you also must be recruited by a licensed sponsor. During this period you can:

  • Study as far as it does not hinder with the job
  • Find a second job under specific situations
  • You can do volunteer work
  • You can travel overseas and return to the UK
  • Your family members can visit you

Tier 1 Graduate Entrepreneur Visa

If you decide to establish your own business, you have to apply for a tier 1 work visa.

To apply for this visa, you need to hold at least GBP 50,000 in investment funds. Most UK Business Schools extend support to their MBA graduates.

UK Salary after MBA

mba in uk salaries
The AMBA Careers Survey 2013 exhibits that, twice as many MBA graduates are managing, in the public sector and also women MBAs are infiltrating the legal profession than in earlier years. MBA graduates from business schools with AMBA accreditation are obtaining the most eminent average salary in the UK since 2004 and 11% more graduates, recorded making up to £70,000 in comparison to those surveyed in AMBA’s former Careers Survey in 2010.

The Careers Survey revealed that the aggregate (mean) salary of MBA graduates from AMBA-accredited business schools employed in the UK at present stands at over £82,000. The average salary, including bonuses, attains at £90,000.

Some of the top sectors with the highest average base pay are:

  1. Executive MBA: $133,000
  2. MBA: $117,000
  3. Masters in Finance: $93,000

Note: Salary may vary depending on recruiters and the place you chose work.

Conclusion

While attaining a world-wide accepted degree in business and management, an MBA is estimated to be the most sorted one. When pursued at an international level, an MBA programme encourages you to acquire a more widespread view for resolving issues. The United Kingdom is a chosen study terminal for a lot of global candidates. Famous as a global leader involving specific education methods, the United Kingdom holds second as the chosen study end, following the USA.

The United Kingdom, with above 395 universities functions as the second most notable educational centre for global students. Receiving higher than five lakh students every year globally, the UK has a lot to offer along with cross-culturalism. The degrees acquired from the UK are identified globally and have helped candidates to achieve their aspired jobs and also act as entrepreneurs.

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Living Cost

living cost in uk
The cost of living is costlier in London and South East England in comparison to the rest of England and Northern Ireland, Scotland and Wales. It implies that studying in Universities like University College London (UCL), Imperial, and Oxford turned out to be more pricey than being accepted into Nottingham, Cardiff, or Leicester.

UK Visa and Immigration needs you to have an allowance of £1,020 per month to study in London. It is the minimum number you should display to get a visa to study in London. For other locations in the UK, the expense will be more subordinate. If you are pursuing at universities outside London, you will need the merest sum of £820 per month as urged by UK Visa and Immigration. The standard accommodation rents are £150 per week. The expenses may vary according to your lifestyle and will rely on how much you spend.

Other Costs

Rent: £450

Food: £200

Gas and Electricity: £60

Internet: £40

Mobile Phone: £30

Laundry and Clothing: £100

Stationary and Books: £40

Public Transport: £45

Entertainment: £24

The total estimated monthly expenses are around £989 per month approximately.

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