MBA in UK: Colleges, Eligibility, Cost for Indian Students

Top MBA Universities in UK

Let’s begin by discussing some of the top-ranking universities in UK offering an MBA program. Tabulated below are the top business schools in the UK based on QS Global MBA Rankings 2022:

University	Program	Admission Deadline
University of London	Full-Time MBA	Round 2- January 6, 2023
Oxford University	Full-Time MBA	Round 3: January 4, 2023
University of Cambridge	Full-Time MBA	Round-3- January 9, 2023
Imperial College London	Full-Time MBA	June 30, 2022 (Closed)
University of Warwick	Full-Time MBA	Round 2: 15 January 2023
University of Manchester	Full-Time MBA	Round 3: 27 November 2022 (Closed)
Heriot-Watt University	Full-Time MBA	May Intake: 15 April, 2023
Cranfield University	Full-Time MBA	No official deadline
City, University of London	Full-Time MBA	Round 3: 08 January, 2023
Durham University	Full-Time MBA	Round 2: 23 January, 2023
Lancaster University	Full-Time MBA	June 30, 2022 (Closed)
University of Southampton	Full-Time MBA	6 weeks before the start of the course
Leeds University	Full-Time MBA	1 March 2023
Nottingham University	Full-Time MBA	26 January, 2023
Aston University	Full-Time MBA	31 August 2022 (Cosed)

MBA Specializations in UK

MBA in finance in UK

University	Program	Annual Fees in GBP
University of Edinburgh	MBA in Finance	35,900 GBP
University of Nottingham	MBA in Finance	28,000 GBP
Bangor University	MBA in Finance	20,205 GBP
Heriot-Watt University	MBA in Finance	21,468 GBP
Nottingham Trent University	MBA in Finance	21,500 GBP

MBA in marketing in UK

University	Program	Annual Fees in GBP
Bangor University	MBA International Marketing	17,800 GBP
Coventry University	MBA International Marketing	20,500 GBP
University of Bedfordshire	MBA Marketing	15,400 GBP
Edge Hill University	MBA Marketing	14,500 GBP
University of Sunderland	MBA Marketing	15,000 GBP

MBA in HR in UK

University	Program	Annual Fees in GBP
Coventry University	MBA International Human Resource Management	20,100 GBP
University of Bedfordshire	MBA in HR	15,400 GBP
Edge Hill University	MBA in HR	17,048 GBP
University of Sunderland	MBA in HR	15,000 GBP

MBA in Entrepreneurship in UK

University	Program	Annual Fees in GBP
University of East London	MBA Entrepreneurship	33,480 GBP
Durham University	MBA Entrepreneurship	35,000 GBP
Sheffield Hallam University	MBA Cooperative Leadership and Social Entrepreneurship	15,540 GBP
Amity University, London	MBA Entrepreneurship	15,000 GBP

MBA Healthcare Management UK

University	Program	Annual Fees in GBP
Anglia Ruskin University	MBA Healthcare Management	23,200 GBP
University of Bedfordshire	MBA Hospital and Health Services	15,400 GBP
York St John University	MBA Healthcare Management	10,800 GBP
Brunel University London	MBA Healthcare Management	24,995 GBP
Coventry University London	MBA Global Healthcare Management and Leadership	20,500 GBP

MBA in UK Eligibility

It is noteworthy that mere fulfillment of the minimum criteria for eligibility does not ensure admission to MBA courses with top B-schools in the UK. Competitive scores and leadership and management skills depicted through LORs, SOP, Personal Statements, and Resumes build up your overall application package. For pursuing an MBA degree from UK, the general eligibility criteria for most of business schools are briefed below:

Academic Requirements- A UG degree with 2:1 qualification equivalent to 50-60% (some schools may ask for higher scores).
GMAT Score- Required for most schools 600+ (minimum) Average for 2019 Class of various B-schools 640-730.
Work Experience- Not always mandatory, but preferred 2 years (minimum) 5-6 years (average for 2019 class of various B-schools)
Language Proficiency- International students are required to show an IELTS score of 6.5+ or a TOEFL iBT score of 95+.
Letters of Recommendation- 1 to 3 Preferably professional or from supervisor In case only 1 LOR is required, aGBP emic LOR is not accepted.
Statement of Purpose/ Essay- 500 words personal statement/SOP covering questions like short & long-term career goals, how will MBA equip you for a future, describing one teamwork experience, and why you chose the program.
Visa- A student visa to pursue an education in the UK. For students seeking full-time higher education in UK, Tier 4 UK study visa is applicable.
Funds- You’ll need to show you have enough money to support yourself with £1,334/month (~ 1,22,004 INR) if staying in london or £1,023/month (~93,560 INR) for courses outside London.

LOR for MBA	Submitting your LORs	SOP for MBA in UK	Samples of SOP for MBA

Top UK Universities with Requirements

The MBA requirements in UK is similar for all International students. The Colleges wise requirements for MBA Requirements in UK are given below:

University	GPA Requirement	GMAT Requirement	IELTS score	Work Experience
London Business School	3.5	701+	7	2 years
Cambridge Judge Business School	3.3	640-730	7.5	3 years
Said Business School	3.5	690	7.5	2 years
Warwick Business School	2	660	7	3 years
Alliance Manchester Business School	3.2	600	6.5	3 years

UK Student Visa

Upon receiving the acceptance letter from one of the universities, students will be required to apply for a UK student visa. A tier-4 visa is required for courses with a duration beyond six months. UK student visa processing time is around 3 weeks and may take longer in peak time.

Students planning to study in the UK must apply for the student visa at least three months prior to the course start date to allow sufficient time for visa processing. To procure a UK student visa, the following requirements must be met:

Passport details
A recent passport size photograph
Acceptance letter from a recognized UK institution
Certificate of English language proficiency
Proof of sufficient funds: 1,015 GBP (outside London) or 1,265 GBP (London)
Proof of funds can be demonstrated with the help of bank statements, loan statements, or scholarship letter

Having discussed the eligibility criteria and the admission requirements, now let us look at the expenses you will be made when planning to study masters in the UK.

MBA in UK without IELTS & GMAT Scores

There are MBA programs in UK that do not require the GMAT or IELTS. However, each university will have its own set of admission criteria. Some of the universities where international students without IELTS can study MBA in the UK:

MBA Universities in UK without GMAT:

MBA Universities in UK without IELTS:

Lancaster University
University of Reading
University of Lancashire
Birmingham City University
Middlesex University

MBA in UK Cost

It is common that with increased popularity, the cost of an MBA in UK will be higher. International students make decisions consciously in choosing the best business school. The students have to manage finance as per requirements in different fields like UK student Visa application, application fees, and travel tickets. Post-arrival cost includes tuition fees and the cost of living while studying. The cost of attendance for an MBA in UK includes the entire tuition fees incurred by the students along with the cost of living in the UK till completion of the course.

MBA in UK for Indian Students Fees

University	Annual Tuition Fee in GBP	Annual Tuition Fee in INR
The University of Manchester, Manchester	72,149 GBP	INR 58,12,229
University of Cambridge, Cambridge	69,330 GBP	INR 55,85,160
University of Warwick, Coventry	67,930 GBP	INR 54,72,724
Cranfield University, Bedford	60,660 GBP	INR 48,86,649
Durham University, Durham	50,090 GBP	INR 40,35,141
University of Strathclyde, Glasgow	49,680 GBP	INR 40,02,545
Lancaster University, Lancaster	48,330 GBP	INR 38,93,406
University of Southampton, Southampton	41,865 GBP	INR 33,72,613
Brunel University, London	37,510 GBP	INR 30,22,121
University of Leeds, Leeds	35,520 GBP	INR 28,61,250

Cost of Living

This section highlights the detailed structure of living, meals, and personal expenses of an individual on a monthly basis while his/her stay in the UK. The cost of living will depend on the accommodations opted in UK, lifestyle choices, city one is living in, etc.

Particulars	Average monthly Cost in GBP	Average monthly Cost in INR
Rent	760 GBP to 1,350 GBP	60,999 INR to 1,08,355 INR
Food	230 GBP	18,347 INR
Mobile Phone & Internet	85 GBP	6,850 INR
Stationery Items	50 GBP	3,669 INR
Clothing & Laundry	115 GBP	9,180 INR
Transportation (Monthly Pass)	75 GBP	5,974 INR
Miscellaneous	50 GBP	3,669 INR

Also Check: Cost of living in UK

MBA in UK - Cheapest Universities

heapest MBA in UK for Indian students starts from around 11 lakhs per month. There are 10+ UK universities that charge below 20 lakhs per year for an MBA course.

MBA Universities	Annual Tuition Fee in GBP	Annual Tuition Fee in INR
Glasgow Caledonian University, Glasgow	16,480 GBP	INR 13,27,620
York St John University, York	16,850 GBP	INR 13,57,377
University of West London, London	17,050 GBP	INR 13,73,400
London Metropolitan University, London	18,500 GBP	INR 14,90,322
Leeds Beckett University, Leeds	20,090 GBP	INR 16,18,689
London South Bank University, London	21,660 GBP	INR 17,44,950
Teesside University, Middlesbrough	22,410 GBP	INR 18,05,472
University of East London, London	24,610 GBP	INR 19,82,732
University of Greenwich, London	28,640 GBP	INR 23,07,312

MBA in UK Scholarships

International students can apply for various scholarships to study in UK. These scholarships are offered by both universities and the government. Some of the popular government-funded scholarships are the Fulbright Scholarship, Chevening Scholarship, Inlaks Scholarship, etc. Some University-specific MBA scholarships are:

University	Scholarship	Amount (GBP)	Eligibility
Imperial College London	Imperial Women Scholarship	Variable	Meritorious female candidates with high and well-balanced GMAT
	GMAT Excellence Award	5350	Overall GMAT score: 750+
	Imperial Business Scholarships	Variable	Meritorious students
London Business School	BK Birla Scholarships	Up to full fees	Academic excellence and honoring legacy and values of BK Birla.
London Business School	London Business School Fund Scholarship	Up to full fees	Academic and professional merit and the ability to contribute to all aspects of MBA
Cambridge Judge Business School	St. Catherine’s Benavitch Cambridge MBA Scholarships	10,000	GPA: 3.7 and MBA: 700
University of Edinburgh	Victor H. Loewenstein Scholarship	5000	Non-UK applicant

PR after MBA in UK

You can apply for a permanent residence card in UK after completing 5 full years of a graduate job. To become a permanent resident, the applicant should get the “indefinite leave to remain (ILR) Visa”. A full-time job, good code of conduct and have no criminal record will help in securing the ILR visa in UK.

The application process for an ILR visa can take up to 6 months. The following information is gathered for the ILR:

Signature
Name
Current passport
2 passport-size colour photographs
Digital prints of all the 10 fingers
Date and Place of Birth
Present Immigration Status
Present Studying or Working Status

Jobs after MBA in UK

International students opt MBA in UK as the right career path for two main reasons. One is a higher return on investment and the other is its short duration. Within a year, the MBA graduate can earn in higher amounts. There are various high-paying jobs in the UK for MBA graduates, some of the top recruiters of MBA in UK graduates are:

Amazon
KPMG
Johnson & Johnson
HSBC
Deloitte
Morgan Stanley
McKinsey & Company
Microsoft

Jobs in UK after MBA by Specializations

Specialization	Job Profiles	Average Salary/Year
MBA in Banking and Finance in UK	Finance Analyst \| Finance Consulting Manager \| Leveraged Finance Associate \| Financial Management Associate	45.59 lakhs- 1 crore
MBA Human Resource Management in UK	Human Resources Manager \| Program HR Manager \| Practice Economics Manager \| Global Development Program Leader	41.45 lakhs- 75.44 lakhs
MBA Information Technology in UK	Information Technology Manager \| IT Services Manager \| Solutions Architect Senior Manager \| IT Senior Associate	27.55 lakhs- 87.25 lakhs
MBA General Management in UK	Consumer Strategy Manager \| Business Development Manager \| Risk Management Business Specialist \| Senior Manager	24.87 lakhs- 78.76 lakhs
MBA Marketing in UK	Equity Portfolio \| Business Intelligence Manager \| Field Marketing Manager \| P&L Controller	22.96 lakhs- 1.43 Cr.

MBA in UK Comparison

MBA in UK vs MBA in Canada

Parameter	MBA in UK	MBA in Canada
Duration	Between 12 months to 21 months	Between 12 months to 24 months
Average tuition fees	68,413 USD/year	33,000 USD/year
Cost of living	USD 1,500- 2500 per month	USD 1500-2000 per month
Financial Support	Scholarships, fellowship, loan, work-study	Scholarships, fellowship, loan, work-study
Visa	Tier 4 UK Student Visa	Study-permit
Average salary	USD 72,400- 90,000	USD 87,000- 90,000
Top Specialisations	General Management, Marketing, Human Resources, Entrepreneurship	Finance, Business Analytics, Supply Chain Management, Health Science
Exams accepted	GMAT- Average 550	GMAT- Average 550
English language proficiency tests	IELTS- average 6.0 \| TOEFL iBT- average 80	IELTS- average 6.5 \| TOEFL iBT- average 90

MBA in UK: FAQs

Ques. Is MBA In UK Worth It?

Ans. Over the last few years, the UK has emerged as one of the most popular study-abroad destinations for Indian students seeking to pursue an MBA. Some of the advantages of pursuing MBA from UK are:

Shorter Course Duration- In comparison to other countries, where the MBA program usually is of two years, duration of MBA in UK is of 1 year.
Economical Tuition Fees- Due to the short course duration, tuition fees for MBA in the UK are significantly lower. There are also a number of affordable colleges in the UK that offer MBA programs with lower tuition fees.
Quality Education- There are 10 MBA Universities in UK ranked in top 100 QS Global MBA Rankings 2022. Some of the best buisness schools in UK are London Business School, Imperial College Business School, Warwick Business School, etc
Employment Opportunities- Many UK universities and business schools have close connections with industry leaders, allowing students to meet large companies and corporations.

Ques. Is MBA In UK Expensive?

Ans. There are numerous small and private colleges in UK that offer affordable MBA programs to international students. Many of these colleges offer university-affiliated MBA degree programs, making them a low-cost option for international students, with tuition fees starting at around GBP 7,000.

Ques. How Can I Study MBA For Free In UK?

Ans. There are two types of MBA scholarships in UK- internal and external. Internal MBA scholarships are provided by business schools, while external MBA scholarships are provided by other organisations.

External scholarships for MBA in UK:

University-specific MBA scholarships:

Imperial College London- Imperial Women Scholarship, Imperial Business Scholarships
London Business School- London Business School Fund Scholarship
Saïd Business School- Global Leadership Council Scholarship for Women, Business School Foundation Scholarship
University of Edinburgh- Victor H. Loewenstein Scholarship

Ques. What Are The Requirements For MBA In UK?

Ans. The minimum requirements for a prospective student for MBA in UK are a bachelor's degree, a final IELTS score, a competitive GMAT score, SOP, and a letter of recommendation.

Academic Requirements- An UG degree with a 2:1 qualification equivalent to 50-60% (some schools may ask for higher scores).
Statement of Purpose/ Essay- 500 words SOP covering questions like short & long-term career goals, how will MBA equip you for a future, describing one teamwork experience, and why you chose the program.
Work Experience- Not always mandatory, but preferred a minimum of 2 years. The average work experience of MBA students is usually 5-6 years.
Letters of Recommendation- Upto 3 Letters of Recommendation from a professional or from a supervisor. In case only 1 LOR is required, academic LOR is not accepted.
GMAT Score- The minimum required GMAT score for most b-schools in UK is 600. However, average GMAT score for 2021 Class of various B-schools 640-730.
Language Proficiency Scores- International students are required to show an IELTS score of 6.5+ or a TOEFL iBT score of 95+.
Visa- A student visa to pursue an education in the UK. For students seeking full-time higher education in UK, Tier 4 UK study visa is applicable.
Funds- International students are required to have GBP 1,334/month (~ 1,22,004 INR) if staying in london or GBP 1,023/month (~93,560 INR) for courses outside London.

Ques. How Much Does MBA In UK Cost

Ans. The average tuition fee for MBA universities in UK usually ranges from GBP 35,000 to GBP 58,000 i.e 31.79 lakhs to 52.68 lakhs for an Indian student. However, tuition fees at top business schools in UK like London School of Business GBP 97,50.

Ques. How Many Years MBA In UK?

Ans. An MBA program at a UK business school usually takes one-year to complete, but some programs can last for two years and prospective MBA students can also combine study part-time.

Ques. Where To Study MBA In UK?

Ans. Some of the best universities for MBA in UK are mentioned below along with their QS Global MBA Rankings 2022 rankings:

Universities	QS Global MBA Rankings 2022
University of London	#6
Oxford University	#13
University of Cambridge	#17
Imperial College London	#21
University of Warwick	#32
University of Manchester	#47
Heriot-Watt University	#55
Cranfield University	#75
City, University of London	#78
Durham University	#78

Ques. Which MBA Is in Demand In UK?

Ans. MBA in Marketing is one of the most in-demand MBAs in UK. The main reason for the high demand for marketing specialisation in MBA in UK is its role in increasing the market value of the organisation and, as a result, the business's profitability. The following are some of the most common job roles for an MBA in Marketing:

Job Role	Average Salary in GBP
Marketing Manager	53,269
Sales Manager	50,722
Product Manager	62,231
Brand Manager	50,262
Research Analyst	37,120

Ques. Which MBA Specialization Is Best In UK?

Ans. The best MBA specialisation for you will depend on your interests, goals, individual circumstances, and level of experience at the time of application. Some of the MBA specialisations available in the UK are listed below:

Specialization	Universities
MBA in Banking and Finance	University of Greenwich \| Bangor University \| University of the West of Scotland
MBA Human Resource Management	Coventry University \| University of Sunderland \| University of Bedfordshire \| Heriot-Watt University
MBA Information Technology	Liverpool Hope University \| University of Cumbria \| Bangor University
MBA General Management	University of Cambridge \| University of Edinburgh \| University of Warwick \| University of East London
MBA Marketing	University of Greenwich \| Coventry University \| Nottingham Trent University \| University of South Wales

Ques. Which MBA Has Highest Salary In UK?

Ans. Executive MBA in UK is the highest paying degree with an annual salary of 133,000 GBP. Some of the popular professions available after completing an executive MBA in the UK, as well as their average annual salaries, are listed below:

Job Profile	Average Salary in GBP
Chief Financial Officer	114,718
Management Executive	100,407
Chief Corporate Officer	87,774
Chief Executive Officer	76,405
Client Services Manager	41,604

Ques. Does MBA In UK Require Work Experience?

Ans. Most universities in UK require at least three years of work experience. However, the average work experience of admitted students at MBA universities in UK is 5-6 years. There are also various MBA in UK Without Work Experience:

Swansea University
University of Northampton
University of East London
Coventry University
University of Greenwich
University of Central Lancashire
Staffordshire University
University of Sunderland
Teesside University
Anglia University
Glyndwr University
Leeds Beckett University

Ques. Does MBA In UK Require GMAT?

Ans. GMAT score required for most business schools in UK is minimum 600. The Average for 2021 Class of various B-schools 640-730. There are certain top-tier business schools in UK that offer waivers or an option to study MBA without GMAT in UK requirements. Some of these are given below:

University of Central Lancashire
Birmingham City Business School
Lancaster University
University of Reading
Durham University
University Of Warwick
Cranfield University

Ques. Does MBA In UK Require IELTS?

Ans. To secure admission in MBA in UK, international students are required to show an IELTS score of 6.5+. However, there are a few MBA universities in UK that do not require IELTS score for admission:

Bangor University
Coventry University
De Montfort University
Loughborough University
Newcastle University
Staffordshire University
Swansea University
University of Bristol

Also Check: UK Universities without IELTS

Ques. Is MBA In UK Worth It?

Ans. An MBA from UK is an excellent long-term career investment. It is without a doubt worth the money. The MBA from UK provides its graduates with a salary buffer, expands and improves their network and networking skills, and qualifies them for a top-level managerial position. Also Check: A Student Guide to the UK

Ques. What Is MBA With Placement Year In UK?

Ans. MBA in UK with placement option allows you to take a placement after successfully completing the taught modules, allowing you to gain relevant experience within an organisation. Some of the UK universities offering MBA with placements are:

Ques. What to do after MBA in UK?

Ans. According to Business Statistics Briefing Paper, the UK is home to 5.6 million private business organizations, providing high job opportunities in UK for MBA graduates. Mentioned below are the eop MBA specializations in UK along with the job profiles graduates can pursue after them:

MBA Specialization	Job Profiles
MBA in Banking and Finance	Finance Analyst \| Finance Consulting Manager \| Leveraged Finance Associate \| Financial Management Associate
MBA Human Resource Management	Human Resources Manager \| Program HR Manager \| Practice Economics Manager \| Global Development Program Leader
MBA Information Technology	Information Technology Manager \| IT Services Manager \| Solutions Architect Senior Manager \| IT Senior Associate
MBA General Management	Consumer Strategy Manager \| Business Development Manager \| Risk Management Business Specialist \| Senior Manager
MBA Marketing	Equity Portfolio \| Business Intelligence Manager \| Field Marketing Manager \| P&L Controller

Ques. Do I get post work visa after MBA in UK?

Ans. The UK government has recently reintroduced the post-study work (PSW) visa, which allows students to stay in the UK for two years after graduating. Previously, international students could only stay for four months. After completing a full-time MBA program, you are exempted from the Resident Labour Market Test. You will, however, need to apply for a Tier 2 work visa.