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Get your MBA Degree from UK
In recent years, United Kingdom is rated as the top most destinations in the world for pursuing MBA education. In fact, the number of MBA students in the UK was more than the total number of students in the rest of the Europe as per the survey done by the British Council research department. In addition to Oxford and Cambridge, London Business School, UK has numerous universities offering MBA degree, which rank among the best in the world. In 2011, London Business School ranked 1st in Forbes list of top 10 MBA colleges in the world.
Why choose UK for MBA?
- One of the major advantage of doing MBA from UK is duration, which is one year as compared to the two year program in the US and Canada.
- The academic program in the UK is such that it prepares the students to face the corporate world with competitiveness and proficiency The program structure is well made to provide a perfect combination of theory and practical. The grading and evaluation system keeps a proper check on the performance of the students.
- In most of the universities of UK, the students-teacher ratio is small that provides the students an opportunity to reap the maximum benefit. The institutes here encourage the faculty to carry on research programs which gives them wider exposure and hence they are abreast with the latest developments.
- The infrastructure of the MBA colleges and institutes in the UK is also excellent. These are made with the aim of making the atmosphere conducive to learning, development, teaching and research.
- With an MBA degree from a reputed UK business school, the student can be assured of attracting top world recruiters, opening avenues of getting jobs from the best companies worldwide. The MBA degree holder from an established UK institute certainly gets an edge over others even when he or she decides to go back to their country for jobs.
- Apart from the direct benefit of enhancing the job prospects, an MBA program helps the degree holders to become the alumni of the respective institute. The network of the individual grows, which enables the student to gain in terms of knowledge that further has a positive impact on his or her career.
- When a student studies with other international students from numerous countries who are enrolled in a top business school in the UK, it certainly gives the students an international exposure which is truly incomparable. Such an international culture aids in business and grooms the overall skills of the students.
- Using the full time career services the students are able to know about the talents and tap them to their benefit. The career service advises are appointed at the best U.K MBA schools who help the students enrich the CV, interview tips, cover letters, which brings the students closer to their dream jobs or setting up his/her own business.
An MBA student of UK has the option to select an area of concentration and focus approximately one-third of their studies in that particular area. Some of the MBA courses offered by UK universities and colleges are:
Financial Management (EIA)
Human Resource Management
Public Relations and Reputation Management
Dual Program - Master of Business Administration Combined with Association of Chartered Certified
Types of MBA
MBA courses are offered both part time and full time in the UK. The duration of full time MBA is 1 year, which is further split into 9 months of course work and 3 months of dissertation or project work. Part time MBA program can go over 21 months. The full time courses offered are either are fully residential or college programs.
Working while studying
UK also allows the MBA pursuing students to do jobs along with the course. The students can work for 20 hours a week as per the rules. This gives them more knowledge about the market. . The students who have applied for six months or more courses in the UK can entitle the service of NHC (National Health Centre).
To pursue MBA from UK, the student must possess a Bachelor's degree or equivalent degree from a reputed university or collage, high GMAT score with both TOEFL and IELTS scores, work experience and a good academic record are necessary. Some of the universities also ask for well reasoned essays explaining why you want to do an MBA and how you see yourself contributing to the campus environment.
As per the work experience is concerned most universities ask for 2-3 years full time experience but students enrolling in the Lancaster School must have 8 years of average work experience. Some of the universities ask the students for at least one reference letter from their current employer. Such letter serves as an additional advantage for the students, which tells about how the individual is different from other aspirants.
Top universities offering accredited MBA programs are:
City University, London
University of Glasgow
University of Sheffield
University of Leeds
The tuition fee for MBA may vary enormously within the UK itself. The tuition fee for a year can be £ 10,000 to £ 30,000. The tuition fee at Birmingham City University is around £ 10,000 per year as it is the one of the cheapest city of UK. Certain universities also provide flexibility in the payment over three installments.
Cost of living
As per the record, the cost of living in the UK is one of the highest in the world. According to the Lancaster University, estimate cost of living will come to around £ 8,500 per year. Most of the universities offer financial assistance to international students based on their merit and academic record, which vary from university to university and level of study. Scholarships are not available on a large scale in the UK. It is only for exceptionally bright students who qualify it.
The degrees provided by the UK institutes are valid all over the world and they tally with the international standards. Students can expect bright career prospects after completion of their MBA in UK. As per the records, 90 percent of MBA's from UK experience 40-60 percent uplift in salary, with an average salary being £61,500.