MBA in UK 2023: MBA is a popular program these days. Many prominent countries offering MBA programs just like in the United Kingdom. With around more than 130 business schools, lakhs of students get the opportunity to be a part of this quintessential program. The program comes with a variety of disciplines such as economics, health administration, international business, etc. Collect all the details about MBA in UK 2023 such as eligibility criteria, admission process, job opportunities, and so on.
List of Top Business Schools for MBA:
Though a huge number of students offer MBA program but the most desirable universities and the fee (in £) are as follows:
- London Business School: £87,900
- Cambridge Judge Business School: £57,000
- Said Business School: £59,490
- Warwick Business School: £40,450
- Alliance Manchester Business School: £44,000
- University of Edinburgh Business School: £32,500
- Imperial College Business School: £53,500
- Durham University Business School: £31,500
- Lancaster University: £33,000
- Cass Business School: £44,000
Besides these, many more Business schools facilitate MBA programs of different types such as full-time general MBA, executive MBA, specialist MBA, or Distance/Online MBA programs from the UK.
Why UK for MBA?
Several relevant reasons create the need for seeking UK from MBA:
- Most of business schools provide the opportunity to tailor their program and choose the subjects of their choice.
- The ten top universities of the UK are ranked among FT business schools.
- The UK always lacks skilled managers and they require more than 1 million skillful managers with new strategies.
- Executive MBA and MBA in the UK are the two highest paying degrees with a yearly salary of 133,000 GBP and 116,000 GBP respectively.
Eligibility Criteria for MBA in UK:
To pursue an MBA degree from the UK, the eligibility criteria is as follows:
- The student must have acquired the UG degree with 2:1 qualification. It should be equivalent to 50-60% at least
- Most schools ask for GMAT scores Required for most schools. The score should be more than 600 at least.
- The Work Experience is not compulsory but preferred 2 years at least.
- The Language Proficiency test is another crucial requirement. The IELTS scores should be 6.5 and above and TOEFL scores should be more than 95
- A copy of an updated CV is needed
- LOR should be 1 to 3 preferably professional or from the supervisor. In case only 1 LOR is required then academic LOR is not accepted.
- An essay should be of 500 words personal statement/SOP cover the questions such as short & long term career goals, how will MBA equip the future, describing the teamwork experience, and why chose the program.
- A student visa to pursue MBA in the UK
- Proof of funds to prove that you can afford an MBA.
GMAT Requirements in the top B-Schools of the UK:
Given below is the list of B-schools where GMAT scores are needed for admission to MBA:
- Alliance Manchester Business School-600 and above
- Warwick School of Business-660
- Said Business School-690
- Cambridge Judge Business School-640-730
- London School of Business-701
- Cass School of Business-600
- Imperial College Business School-600
- Durham University Business School-600
- University of Edinburgh Business School-600
- Lancaster University-580
MBA without GMAT:
However, some B-schools do not consider GMAT scores for admission. The list of the B-Schools accepting full-time MBA applications without GMAT are as follows:
- University of Central Lancashire
- Warwick School of Business
- Birmingham City Business School
- Lancaster University Management School
- Durham University Business School
MBA without Work Experience: Again some of the Business Schools prefer to give admission even if the student has zero work experience. Check out the list below:
- University of Derby
- University of Northampton
- University of Greenwich
- Cardiff University
Admission Requirements in Top Business Schools:
Check the admission requirements in some of the top Business Schools in UK:
London Business School:
It was established in 1964 and has been designed to fulfill the global business scenarios. The hard-working faculty believes in providing the best learning experience. Here are the basic details for the admission process:
- Application fee: £200
- GPA of 3.5+
- GMAT score of 701+
- Proof of English language proficiency: TOEFL-100; IELTS-7
- Application essays: 2 essays within 500 words
- One page updated CV
- At least 2 letters of recommendations (either professor or supervisor)
- Work experience of minimum 2 years
Cambridge Judge Business School:
This is the top-most name amongst the list of B-Schools. It was established in 1990 to develop innovative management skills and entrepreneurship in students. Abobe 95% of international students prefer seeking admission in this B-School. Check the admission process to this world-renowned business school below:
- Application fee: £150
- GPA: 3.3
- GMAT: 640-730
- Proof of English language proficiency: TOEFL – 110; IELTS – 7.5
- Application essays: Three essays in 500 words each (including SOP)
- Updated CV in 1page
- Need one reference from a supervisor
- Minimum 3 years of work Experience
Said Business School:
It was founded in 1965 where more than 300 international students seek admission. MBA in Said Business School focuses on the basic business principles and their impacts on society. The program makes the business world quite accessible to international students. Admission requirements in Said Business School are as follows:
- Application fee: £150
- GMAT Scores: 690
- GRE: 160 (quantitative) and 160 (verbal)
- Proof of English language proficiency required via TOEFL – 110 (with at least 22 in listening, 24 in writing and reading, and 25 in speaking) or IELTS – 7.5 (with at least 7 on each band)
- An application essay should be of a minimum of 250 words
- Online assessment required consisted of 2 motivation based questions; 2 competency-based questions, and 1 randomized written response
- Minimum 2 references required (professional or academic)
- One page of updated CV
- Minimum 2 years of work experience
Warwick Business School:
This is the most sought for B-School that believes in the fact that business has the power of good. The faculty believes in teaching real-world business problems in the classrooms to make future leaders. This course focuses on building valuable links with global leaders. The admission process consisted of:
- Application fee: £80
- GMAT- 660
- Proof of English language proficiency test through TOEFL-100 (with 21 scores in listening and writing, 22 in reading, and 23 in speaking) or IELTS-7 (with a minimum of 6.5 on each band)
- Application essay needed for understanding the strength of the applicant
- At least 2 reference letter
- Updated CV in a page
- Minimum 3 years of work experience
Alliance Manchester:
It came into being in 1965. MBA course in Alliance Manchester Business School is offered to study for the duration of 12, 15, or 18 months. The university provides career support to all international students by connecting the students to the alumni networks. Here is the admission requirement:
- Application fee: £60
- GMAT: 600+
- GRE: 160 (Quantitative) & 160(Verbal)
- Proof of English language proficiency through TOEFL – 90 (with at least 20 scores in reading, writing, listening, and speaking) or IELTS – 6.5 (with at least 6 on each band)
- Admission Essay should be written on one A4 page (Total 4 questions)
- There should be 2 references at least
- The applicant will make an introductory video of 20-30 minutes.
- Resume should be at least 2 pages in length
- Minimum work experience should be 3 years.
Note: This B-School prefers good coordination among team members, ace communication skills, energy, enthusiasm, and ambition
Cost of Study: The cost of studying MBA from the UK is higher as compared to other countries. The total MBA cost is divided into two sections:
- Pre-arrival cost
- Post arrival cost
The Pre-arrival cost consists of managing finance in student Visa application, application fee, and travel ticket. Whereas, post-arrival cost includes tuition fees and the cost of living while studying in the UK.
Pre-Arrival Costs: This category includes the one-time payment (in £) Check the list below:
- TOEFL Fees: 200
- IELTS Fees: 200
- PTE Fees: 150
- VISA Application: 322
Tuition Fees for Indian Students:
Here is the list of the estimated tuition fees (in INR) of different schools in the UK:
- London Business School: 84.15 Lakhs
- Alliance Manchester Business School: 42.12 Lakhs
- Cass Business School: 42.12 Lakhs
- Imperial College Business School: 51.12 Lakhs
- Cambridge Judge Business School: 54.57 Lakhs
- Said Business School: 56.85 Lakhs
- Warwick Business School: 38.72 Lakhs
- Durham University Business School: 30.15 Lakhs
- University of Edinburgh Business School: 31.11 Lakhs
- Lancaster University: 31.59 Lakhs
Cost of Living: The estimated monthly cost of living (in GBP) is given below:
- Rent: 450
- Food: 200
- Mobile Phone: 30
- Internet: 40
- Stationery Items: 40
- Clothing: 75
- Laundry: 25
- Transportation: 45 (monthly card)
- Miscellaneous: 25
Jobs Opportunities for MBA in UK:
Students can avail the following job profiles in the UK after completing their MBA program (salary in GBP) –
- Assistant BD Manager: 131,000
- BD Manager: 184,000
- General Manager: 173,000
- Manager: 204,000
- Project Manager: 134,000
- Planning Director: 202,000
How can I apply