Why Study MBA in UK?
Let’s Look at the Numbers!
- UK has 6 B-schools in the top 50 list & 12 B-Schools in the top 100 list of the QS Global MBA Rankings 2018
- UK came eighth in the World Economic Forum’s Global Competitiveness Report for 2017-2018, ahead of Finland, Norway, Denmark, New Zealand and Canada
Top B-Schools
- London Business School
- Oxford (Said)
- Imperial College
- Cambridge (Judge)
- Cranfield University
- University College, London
- Warwick Business School
Powerful Reasons to Study in UK
Internationally Reputed Education | Proximity to other countries | Multi-cultural Exposure | Strong Employment Prospects |
---|---|---|---|
Oxford, Cambridge, LBS | Closer to other European nations | Diverse Class | Extensive Job Opportunities |
Programs of shorter duration than US; accepts 15 years of education | Less travel time between countries | Cross-cultural exposure | Strong & Robust Economy |
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Average/Median Salaries earned by UK MBA Graduates & Alumni
Let’s look at the average salaries earned by alumni at some of the top UK B-schools
B-School | Average/Median |
---|---|
London Business School | US $105,673 |
Oxford (Said) | US $93,039 |
Imperial College | US $118,324 |
Cambridge (Judge) | US $124,712 |
Cranfield University | US $163,798 |
Warwick Business School | US $110,264 |
Top Functions & Industries (Post MBA) in UK
- Industries
- Consulting
- Finance
- Technology
Program Duration & Cost of Education
Duration | Cost of Education (Tuition & Living per annum) |
---|---|
Usually between 12-18 months Exception: London Business School offers an MBA course of 21 months | Average tuition costs: £39,950 Average living costs: £11,000-£12,000 |
Students can work for 20-hours/week while their sessions are in progress; they can work for more hours, fulltime during vacations and holidays.
Eligibility Criteria for MBA Programs
Strong Academic Credentials | Standardized Test Scores | Work Experience & Strong Extra Curriculars |
---|---|---|
An undergraduate degree (3-year degree or 4-year) from a well-recognized accredited university | Top and high-ranked universities ask for a competitive GMAT score TOEFL or IELTS score. Minimum IELTS score: 6.5 or 7 | Professional work experience of 2-3 years Strong extra curriculars & community experience |
Average GMAT & Work Experience at UK Top B-Schools
B-School | Average GMAT of Class | Average Years of Work Exp. of Class |
---|---|---|
London Business School | 708 | 5.5 years |
Oxford (Said) | 690 | 5 years |
Imperial College | 660 | 7 years |
Cambridge (Judge) | 696 | 6 years |
Warwick Business School | 660 | 8 years |
Intake & Application Deadlines
Most B-Schools offer a September intake and the application deadlines are on a rolling basis. Some low-cost MBA programs also offer intakes in January/April/August/October.
Student Visa Terms and Provisions
UK student visas are based on a transparent Point Based System (PBS) which requires that students gain at least 40 points before applying for a visa. Here are the important points to be noted regarding the student visa application process:
- The applicant must have received the Confirmation of Acceptance for Studies (CAS) for a full-time degree course from the university sponsoring its education.
- Institutions with the power to sponsor visas in this way are said to hold Tier 4 Sponsor
- The intention of leaving the UK after completing the degree must be clearly stated during the visa interview.
A student applying for a UK study visa cannot hold a full-time permanent job. However, after graduating, one can apply for a work permit under INF 13 for employment in the UK.
So why wait? If you are interested in obtaining an MBA degree from one of the most revered study abroad destinations in the world, contact our representative right away!