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Oxford MBA Review


8 minutes

Table of Contents

    Introduction

    The Oxford MBA Program is an intensive one-year full-time program that provides a stimulating and thought-provoking curriculum. Throughout the program, you will engage in a series of challenging courses designed to expand your business knowledge and skills.

    One unique aspect of the program is the Global Opportunities and Threats course, which aims to develop your ability to navigate the complexities of the global business landscape. This course will provide you with valuable insights into emerging trends, geopolitical factors, and global economic forces that can impact businesses and industries.

    The Oxford MBA program takes a holistic approach to education by integrating different functional areas of business through three integrative modules: Entrepreneurship, Responsible Business and Global Rules of the Game.

    Program length 1 year
    Tuition Fees
    MBA 2024
    £117,080
    Program deadline
    MBA 2026
    Wednesday 27 September 2023
    Friday 5 January 2024
    Wednesday 20 March 2024
    Intakes 3
    Application fees £150

    Oxford MBA Class Profile

    The class is composed of individuals from various industries, including consulting, finance, technology and more bringing a wealth of knowledge and perspectives to the program. Oxford is one of the most famous and prestigious schools for an MBA in UK. 

    Average GMAT 680
    Average GRE 320 (160 for quantative and 160 for verbal)
    Average GPA GPA 3.5 or its equivalent
    Average work experience 5 years
    Average age 29 years
    Pre-MBA location Africa 11%
    East Asia 15%
    Europe 11%
    Latin America & the Caribbean 3%
    Class size 334
    Women 51%
    Country Represented 63

    Oxford MBA Ranking

    The Oxford MBA ranking is a topic of considerable interest for prospective business students worldwide. The University of Oxford's Saïd Business School is renowned for its rigorous academic programs, distinguished faculty, and global network, making it a sought-after destination for individuals aiming to advance their careers in the business world.

    Rankings Position
    FT EMBA Ranking  5
    FT European Business School Ranking  14
    FT Global  MBA Ranking  26

    Eligibility & Requirements for LBS MBAoxford mba employment placement

    You'll need to articulate your aspirations for your career after completing the MBA and illustrate how the program will provide you with the necessary skills to achieve these objectives.

    By presenting a well-defined trajectory for your professional growth, you'll indicate your awareness of the strengths derived from your professional background, your thorough exploration of future career objectives, and how obtaining an MBA will serve as the link connecting the two.

    Application Components

    The eligibility and requirements for the MBA program at Oxford are crucial aspects for prospective applicants to understand. Oxford is renowned globally for its rigorous academic standards, diverse student body, and strong ties to the business community, making it a highly competitive destination for aspiring business leaders. 

    Requirements Details
    English Proficiency - Minimum score of 110 in TOEFL 
    - Minimum Score of 7.5 in IELTS
    Test scores needed -Current Median Oxford MBA GMAT Score is 690
    -Current class has a median of 160 (verbal) and 160 (quantitative
    Standardized requirements by school -Application Essays (two essays, 500 words each)
    -Referee Details (current employer or colleague, or someone familiar with work context)
    Additional requirements -University Transcripts (with certified English translation)
    -One-page CV (with explanations for significant employment gaps)
    -Application Fee of £150

    You can refer to this Oxford official page to learn more on: Application Requirements

    Program & Curriculum of Oxford MBA oxford mba eligibility and requirements

    The Oxford MBA is a rigorous one-year program aimed at equipping you to excel in your career. Starting in September, you'll embark on an exhilarating initial phase, getting acquainted with your peers, adapting to life at Oxford Saïd, and commencing the acquisition of essential leadership abilities.

    Aligned with the University of Oxford's trimester system, our program is organized into modules, providing dedicated time for both core courses and elective selections. The curriculum is designed to integrate and equip you for the global challenges that influence the contemporary business landscape.

    • The core courses offer an exploration of the foundational aspects of business.
    • In the first term, you'll delve into modern enterprise, covering economic theory, business valuation, and strategic decision-making.
    • These courses aim to provide a broad and deep understanding, equipping you with the confidence and comprehension to navigate diverse business situations effectively.
    Artificial Intelligence & Advanced Analytics in Marketing, Advertising & Retail Explore the use of advanced analytics and AI in marketing, advertising, and retail to drive business growth.
    Business History Examine how historical events have influenced business development and how past lessons apply to modern challenges.
    Business in China Focus on Chinese business practices, culture, and the economic landscape, and navigating opportunities and challenges.
    Corporate Turnaround & Business Transformation Cover strategies and tactics in corporate turnaround, including restructuring, mergers, acquisitions, and organizational change.
    Corporate Valuation Teach techniques and methods for valuing companies and assets, including discounted cash flow analysis, market multiples, and asset-based valuation.
    Entrepreneurial Finance Project Provide hands-on experience in entrepreneurship and venture capital, including business plan creation, investment evaluation, and capital raising.
    Financial Crises and Risk Management Examine the causes and effects of financial crises and strategies for mitigating and managing risk in financial markets and institutions.
    Financial Management for Banks and Insurers Focus on managing finances for banks and insurers, including risk management, capital structure, and asset-liability management.
    Global Strategy Cover key concepts and frameworks for developing and implementing global business strategies, including market entry, internationalization, and cross-cultural management.


    Fees, Financing & Scholarships at Oxford MBA

    At present, there's a mandatory international module along with optional overseas elective opportunities. For electives, you are responsible for covering all expenses related to travel and lodging. However, for the required module, accommodation and meals are covered by the school, while travel expenses are your responsibility.

    Tuition fee for the class 2024 £117,080
    Application Fees £150

    Scholarships for LBS MBA applicants

    Scholarships play a pivotal role in making the pursuit of an MBA at London Business School (LBS) more accessible and affordable for deserving candidates. LBS offers a range of scholarships aimed at attracting exceptional individuals from diverse backgrounds who demonstrate academic excellence, leadership potential, and a commitment to making a positive impact in the business world. Here's an overview of scholarships available to LBS MBA applicants:

    Scholarship Value Eligibility
    Academic Futures Scholarships Course fees and a grant for living costs.  Open to: All successful MBA applicants
    Adara Foundation Scholarships 50% of the course fees. Based on Academic Excellence 
    Forté Fellowships for women Upto £30,000 Open to female candidates. 
    Leo Tong Chen Scholarships  £30,000

    You must be ordinarily resident in one of either of these countries - China, UK, USA, Autsralia and New Zealand

    Oxford Saïd Future Leaders Scholarships A range of partial awards, typically up to £40,000 All successful women MBA applicants who meet the eligibility criteria

    Employment Upon Graduation

    The Oxford MBA is a prestigious degree, with graduates often securing top-tier positions and lucrative Oxford MBA Salary. Recent statistics reveal that 90% of students are typically employed within three months of graduation, with 50% receiving job offers prior to commencement; these figures demonstrate the unprecedented level of success experienced by recent students. 

    Average salary £87,196 
    Offer accepted upon three months of graduation 87%
    Offer received upon three months of graduation 88%
    Reporting rate 90%
    Post-program job locations Africa 3%
    Asia 9%
    Australia and Oceania 4%
    Post MBA industries
    MBA2022
    Finance 33.3%
    Consulting 27.8%
    Impact 6.1%

    Oxford MBA Application: Essays & Interview

    oxford mba program and curriculum

    The Oxford MBA application process is a crucial step for aspiring business leaders seeking to embark on a transformative academic journey at the University of Oxford's Saïd Business School. Central to this process are the essays and the interview, which provide candidates with opportunities to showcase their qualifications, aspirations, and fit for the program.

    Essays

    Oxford MBA Essays tries to learn about who you are as an individual and how you intend to participate to their program through essays. They seek applicants from a wide range of businesses, ethnicities, customs, and life experiences.

    Essay 1

    How do you fit with Oxford Said's mission? (Maximum 500 words)

    Essay 2 (Optional)

     Is there any other information you believe the Admissions Committee should know about you and your application to London Business School? (Optional) (500 words)

    Interview Questions

    The admissions committee will evaluate your entire application. You will receive notification regarding the interview decision by the deadline. If shortlisted, interviews will be conducted by faculty members, senior administrative staff, or industry advisors. Interviews can occur in Oxford, abroad (if possible), or through video conferencing platforms like Skype or Zoom.

    Interviews typically last around 30 minutes and will cover topics such as your background, goals, and how the MBA program aligns with your aspirations. It's advisable to prepare for the interview similarly to a job interview, being ready to delve deeper into any aspect of your application.

    Who Attends Oxford MBA?

    Their MBA program extends the rich tradition of our institution, offering a comprehensive grounding in fundamental business concepts while fostering a broader perspective on the role of business in society. You'll be encouraged to explore your areas of interest deeply, acquiring strategic abilities and insights essential for leading a fulfilling and impactful career.

    The program provides exposure to:

    • A global network of connections
    • A diverse community of students
    • Varied career pathways
    • Leading thinkers in the field
    • A challenging academic curriculum

    Explore the comprehensive examination of interview inquiries, specialized guidance, and the qualities sought by the institution here: Oxford MBA Interview Questions Analysis.

    Why Oxford is Unique?

    oxford mba unique

    Is Oxford MBA worth it? There are several factors that make the Oxford MBA program unique:

      • Global Perspective: Oxford University MBA program is highly focused on globalism, boasting a diverse student body that represents over 60 countries. In addition to providing students with an extensive curriculum and opportunities for cross-cultural communication and exchange, the program has established itself as one of the most international in the world.
      • Entrepreneurship: MBA students have numerous opportunities to develop and pitch business ideas, with a dedicated entrepreneurship center offering mentoring and assistance as well as competitions like the Entrepreneurial Challenge in order to foster creativity within their peers.
      • Personalized Learning: Students benefit from a highly personalized learning experience, marked by small class sizes, individual coaching and feedback, and the ability to customize their course of study according to career objectives.
      • Social Impact: The Oxford Uniersity MBA program represents a notable investment in social impact, providing students with numerous opportunities to become involved in projects and initiatives that seek to solve pressing global issues such as climate change, healthcare access, and the alleviation of poverty.

    Useful Links 

    Eligibility & admission
    process
    Application Requirements
    Program deadlines How to Apply 
    Costs & finance Fees and Funds 
    Oxford Alumni Famous Oxonians 
    Contact Oxford MBA program 
    oxfordmba@sbs.ox.ac.uk
    +44(0)1865 288805,

    Conclusion

    The Oxford MBA program is recognized as one of the most prestigious MBA colleges in UK. Delivering an interdisciplinary curriculum with personal attention, emphasizing entrepreneurship, social impact and career advancement; it is distinguished from other MBAs both in its structure and content. Students are provided with a transformative learning experience that equips them not only for success within today's volatile business context but also ready to take on any future challenges they may face.

    Know Your Author
    Photo of Abhyank
    Abhyank Srinet
    Study Abroad Expert
    Abhyank Srinet, the founder of MiM-Essay.com, is a globally recognized expert in study abroad and admission consulting.His passion lies in helping students navigate the complex world of admissions and achieve their academic dreams. Having earned a Master's degree in Management from ESCP Europe, Abhyank's expertise in data-driven marketing strategies has driven growth for some of the most competitive industries. As the founder of MiM-Essay.com, he has helped thousands of students get into top business schools with a strong emphasis on research, shortlisting, and applying to schools from a single platform. His dedication to education has also led him to create MentR-Me, a free-to-use social platform that simplifies the study abroad process for students, while providing universities with a powerful recruitment tool. As a leader in the field of admission consulting, he is constantly researching and implementing the latest strategies to ensure that his clients receive the best possible guidance. He leads the Business Development and Digital Marketing side of both companies, and has grown both ventures to 7 figure revenue.His unique insights, experience, and dedication to his clients make him a valuable resource for anyone seeking to advance their education or career.
    How much does Oxford MBA cost?

    The cost of the Oxford MBA program is £64,000 for the 2022-2023 academic year. This fee includes tuition, course materials, and some meals, but does not include living expenses, accommodation, or travel costs.

    What GMAT score is required for Oxford?

    The GMAT score required for admission to the Oxford MBA program varies from year to year, but the average GMAT score for the class of 2021 was 690. However, applicants can also submit scores from the GRE or Executive Assessment instead of the GMAT.

    Is it hard to get into Oxford MBA?

    The Oxford MBA program is highly competitive, with a selective admissions process that takes into account a range of factors, including academic and professional achievements, leadership potential, and fit with the program's values and culture. While there is no set minimum GMAT score or GPA requirement, applicants should aim to present a strong application that showcases their unique strengths and potential for success in the program.

    Can Indian students apply to the Oxford MBA program?

    Yes, Indian students are welcome to apply to the Oxford MBA program.

    What is the average starting salary for Oxford MBA graduates?

    According to the latest employment report, the average starting salary for Oxford MBA graduates is around £78,000 per year.

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