MBA in UK
The UK MBA University Rankings like Top Universities, QS World University Rankings, Financial Times and The Economist have released their list of “Best MBA Universities in the UK”. The ranking of these MBA universities in the UK takes into account factors such as career opportunities, personal development, alumni network, tuition fees, weighted average salary and return on investment. I have taken the liberty of gathering the top universities for MBA degree from the UK in one list. This list is full of details on course duration, tuition, location, month of admission, and MBA types.
Universities in UK for MBA
- Imperial College Business School.
- The University of Manchester, Alliance Manchester Business School.
- Durham University Business School.
- City, University of London, Bayes Business School.
- Cranfield School of Management.
- University of Edinburgh Business School.
UK MBA Entrance Exam
It is important that you understand the enrollment requirements before starting your MBA application program. Business schools are different in the UK, but of course applicants will need the following:
- A least of duration 3 years of full-time work experience
- A Baccalaureate or equivalent
- GMAT
- IELTS score of at least 6.0-6.5
GMAT
Many business schools require students to take the Graduate Management Admission Test or GMAT. The GMAT exams challenge students of the following subjects –
- Analytical writing: analysis of arguments
- Integrated reasoning: analysis of graphs and tables
- Quantitative aptitude: ability to read a passage and solve a problem
- Verbal: Critical reasoning and correction of sentences
The GMAT is an adaptation-based test. More difficult questions answered correctly are worth more points. While incorrect answers will encounter easier questions, which reward fewer points.
Cost of MBA in UK
Thanks to the shorter duration of MBA programs in the UK, the overall cost of tuition and living expenses is reduced by almost half. Although tuition fees vary from college to college, they average between £10,000 and £15,000 (other than Oxford and Cambridge, which can cost up to £45,000).
The cost of living in the UK is entirely dependent on the location of the university and the lifestyle. According to the UK Border Agency (UKBA), for your visa to be approved, you must have a minimum of INR 1.15 Lakh per month in addition to tuition fees to study in London. For other locations in the UK (except London), you usually need around INR 1 Lakh per month. You would need around 25,000 to 30,000 rupees per week to live anywhere in the country. However, this is still an estimate as the final costs will be set based on the lifestyle you follow.
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Conclusion
It is true that an MBA in the UK will prepare you for life. This degree offers worldwide recognition and elevates you to a certain status. However, all this does not come easily. An MBA requires commitment, dedication, and unwavering financial resources from start to finish. Only if you are 100% sure this is the right path for you, and then goes for it! This will be one of the biggest decisions you can ever make!
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