MBA in the UK: Universities, Colleges, and Fees in 2023

MBA in the UK: Universities, Colleges, and Fees in 2023

MBA in UK
Study Abroad Expert July 18, 2023

The United Kingdom has long been recognized as a global hub for higher education, offering a wealth of opportunities and a vibrant academic environment. As an Indian student considering an MBA in UK, know that the UK is home to some of the world’s top-ranked universities and colleges offering comprehensive MBA programs tailored to meet the needs of Indian students. 

However, for many Indian students, finding the right college that meet their budget seems like a daunting task. Therefore, we’re here to give you the complete knowledge about the best universities and colleges in the UK for MBA studies, fees involved, and application process for the year 2023.  

So, let’s explore the exciting opportunities that await you in pursuing an MBA in the UK. But first, let’s understand why choose MBA universities in Uk. 

Help me study in the UK

Why Choose the UK for an MBA?

The United Kingdom has emerged as a top destination for pursuing an MBA, attracting students from around the world, including a significant number of Indian students. But what makes the UK such an appealing choice for an MBA? 

1. World-class universities

The UK is home to some of the most prestigious and renowned universities in the world. Institutions such as Oxford, Cambridge, and London Business School consistently rank among the top in global MBA rankings. 

2. Diverse and dynamic business environment

Studying in the UK provides access to a diverse and dynamic business environment. London is a global financial hub and offers unparalleled networking and internship opportunities. 

3. Rich cultural experience

Studying in the UK offers a unique cultural experience. You’ll have the opportunity to interact with students from various backgrounds and cultures that helps develop a global mindset.

4. Support for international students

MBA universities in UK prioritize the well-being and success of international students. They offer comprehensive support services, including language assistance, career guidance, and access to extensive alumni networks. 

5. International recognition and reputation

UK MBAs is highly regarded worldwide and hold valuable positions in the job market. Employers recognize the academic standards and practical business skills imparted by UK business schools. 

Top Universities in the UK offering MBA programs

Choosing the right university for pursuing an MBA in the UK is a crucial decision that can shape one’s career. With so many options available, it is essential to consider the reputation, curriculum, and resources offered by each institution.  

Here are five top universities in the UK that stand out for their esteemed MBA programs. 

1. University of Oxford

Known for its prestigious reputation, the University of Oxford offers an MBA program that combines rigorous academic training with practical business skills. The university’s Saïd Business School provides a diverse and collaborative learning environment, emphasizing global perspectives and innovative thinking. 

Rank   Estimated Course Fees  Entrance exams accepted 
1  Full-time MBA: £71,440 (approximately ₹63.9 lakhs) 

 

 

Part-time MBA: £44,160 (approximately ₹45.9 lakhs) 

IELTS 

GMAT 

GRE 

 

2. University of Cambridge

Another renowned institution, the University of Cambridge, offers an MBA program that focuses on developing future business leaders. Cambridge Judge Business School offers a vibrant community and a flexible curriculum that allows students to tailor their studies to their specific interests and career goals. 

Rank   Estimated Course Fees  Entrance exams accepted 
2  Full-time MBA: £61,500 (approximately ₹56.9 lakhs)

10-month MPhil in Planning, Growth and Regeneration: £41,952 (approximately ₹43.6 lakhs)

IELTS 

3. London Business School

Situated in the heart of London, the London Business School (LBS) is a top choice for MBA aspirants. LBS offers a dynamic and international learning experience, attracting a diversity of students from around the world. The school’s strong industry connections provide students with valuable networking opportunities and real-world business exposure. 

Rank   Estimated Course Fees  Entrance exams accepted 
3  Full-time MBA: £92,735 (approximately ₹80.3 Lakhs) 

 

 

 

Part-time MBA: £67,695  

IELTS 

PTE 

GMAT 

GRE 

 

4. Imperial College London

Recognized for its expertise in science, technology, engineering, and medicine, Imperial College London offers an MBA program that combines business education with cutting-edge innovation. The Imperial College Business School focuses on entrepreneurship and innovation, helping students with the skills to drive growth and change in dynamic industries. 

Rank   Estimated Course Fees  Entrance exams accepted 
4  Full-time MBA: £61,500 (approximately ₹56.9 Lakhs) 

 

 

Part-time MBA: £48,000  

IELTS 

PTE 

Duolingo 

 

5. Warwick Business School

Known for its academic excellence and strong industry links, Warwick Business School offers a well-rounded MBA program that prepares students for leadership roles in a global business environment. The school’s emphasis on practical learning, research-driven approach, and diverse student community makes it an attractive choice for those seeking a comprehensive MBA experience. 

Rank   Estimated Course Fees  Entrance exams accepted 
5  Full-time MBA: £49,950 (approximately ₹29.5 lakhs) IELTS 

PTE 

GMAT 

GRE 

 

Top 20 MBA Colleges in UK in 2023

Top MBA universities or colleges in UK are all highly respected for their MBA programs, and they offer a variety of specializations and career paths. If you are interested in studying for an MBA in the UK, these are some of the best schools to consider. 

Rank   MBA College  Location 
1  London Business School (LBS)  London 
2  Oxford University Saïd Business School  Oxford 
3  Cambridge Judge Business School  Cambridge 
4  Imperial College Business School  London 
5  Warwick Business School  Coventry 
6  Alliance Manchester Business School  Manchester 
7  Bayes Business School  London 
8  University College London (UCL)  London 
9  University of Edinburgh Business School  Edinburgh 
10  University of Bristol Business School  Bristol 
11  University of Bath  Bath 
12  Cranfield School of Management  Bedfordshire 
13  Durham University Business School  Durham 
14  University of Exeter Business School  Exeter 
15  University of Liverpool Management School  Liverpool 
16  University of Nottingham Business School  Nottingham 
17  Queen’s University Belfast Management School  Belfast 
18  University of St Andrews Business School  St Andrews 
19  University of York Management School  York 
20  University of Reading Business School  Reading 

 

Types of MBA Courses

MBA in UK offers a wide range of courses to suit different career aspirations and interests. Choosing the right type of MBA program depends on individual preferences, career goals, and personal circumstances.  

Here are some of the different types of MBA courses offered in the UK: 

1. Full-Time MBA

This is the most traditional and popular form of MBA program. Fill-time MBA is for individuals who can commit to studying full-time for one to two years. Full-time MBA programs offer a comprehensive curriculum covering various business disciplines and often include opportunities for internships. 

2. Part-Time MBA

This type of MBA is ideal for working professionals who want to earn an MBA while continuing to work, part-time MBA programs allow students to study on evenings or weekends. 

3. Executive MBA (EMBA)

EMBA programs are designed to enhance managerial skills and strategic thinking. It is suitable for experienced professionals in leadership positions. These programs usually have a more focused curriculum, delivered through intensive modules or weekend classes. 

4. Online MBA

Many UK universities also offer online MBA programs. These programs provide flexibility and convenience, allowing students to study at their own pace and from anywhere in the world. 

5. Specialized MBA

In addition to the general MBA programs, many UK universities offer specialized MBA programs that cater to specific industries or sectors. Examples include MBA programs in finance, marketing, entrepreneurship, healthcare management, and sustainability. 

Duration of MBA Courses in UK

The duration of MBA courses in the UK varies depending on the type of program. Full-time MBA programs typically last for 12-18 months (about 1 and a half years), while part-time MBA programs can last for 2-4 years. Executive MBA programs, which are designed for working professionals, usually last for 1-2 years.  

It is essential to note that the duration of an MBA program can also vary depending on the university and the specific program. 

To know which MBA might be right for you, it’s better to consult an expert.  

Talk to our expert today!

Admission Requirements and Application Process

The eligibility criteria for an MBA in UK for Indian students vary from school to school, but there are some general requirements that most schools will look for. These include: 

  • A bachelor’s degree from a recognized university with a minimum GPA of 3.0 or above. 
  • A GMAT score of 600 or above. 
  • IELTS or TOEFL score of 6.5 or above. 
  • Two to three years of full-time work experience. 
  • Letters of recommendation from previous employers or professors. 
  • A personal statement that outlines your goals and why you want to pursue an MBA. 

Some schools may also require applicants to take the Graduate Management Admissions Test (GMAT). The GMAT is a standardized test that measures your verbal, quantitative, and analytical reasoning skills. 

MBA universities in UK typically have multiple intakes for MBA programs. The deadlines vary across institutions, but we advise you to start the application process well in advance. Most universities have specific application windows, and it’s crucial to adhere to the given timelines to avoid missing out on opportunities. 

Tips for a successful application:

To increase your chances of securing admission to your preferred MBA program in the UK, consider the following tips: 

  • Start preparing for the GMAT early. The GMAT is a challenging test, so it is essential to give yourself plenty of time to prepare. 
  • Customize your application materials to reflect your fit with each university. Highlight relevant experiences, skills, and achievements that align with their program and values. 
  • Get involved in extracurricular activities that will help you develop your leadership and teamwork skills. 
  • Dedicate time to improving your English language proficiency by practicing speaking, writing, and listening regularly. 
  • Network with people who work in the business world. 
  • Ensure your application materials are free from grammatical errors and typos. 
  • Visit the UK and meet with admissions representatives from different schools.

 

Student Visa Process

Indian students planning to pursue an MBA in the UK must apply for a Tier 4 (General) student visa. This visa allows them to study full-time at a recognized educational institution in the UK. 

  • The first step is to obtain a Confirmation of Acceptance for Studies (CAS) from your chosen university. 
  • Once you have your CAS, you can apply for a student visa. The application process is online and can be completed through the UK government’s website. You will need to provide your personal details, passport information, and financial information. You will also need to provide evidence of your acceptance onto a course of study and your English language proficiency. 
  • The visa fee for Indian students to study MBA in the UK is £363 (approximately INR 36,429). This fee is for the Tier 4 (General) Student Visa 
  • Attend your biometrics appointment on time. Your biometrics appointment is an important part of the visa application process. 

The decision on your visa application may take several weeks. 

It’s essential to note that the student visa process can be time-consuming, so it’s advisable to start early and carefully follow the guidelines provided by the UK Home Office. It’s also recommended to seek expert guidance from reputable consultants like Shuraa Education who specializes in assisting student study abroad. 

Read more on: UK Student Visa

Get Visa Assistance!

Tuition fees for MBA programs in the UK

Tuition fees for MBA programs in the UK vary depending on the university and the length of the program. On average, the cost of MBA program for Indian students can range from £20,000 to £80,000 or more for a full-time MBA program. 

Here’s a list of top colleges for MBA in UK along with their estimated tuition fees. 

University  MBA Program  Tuition Fees (GBP) 
London Business School  Full-time MBA  £92,735 
Oxford University Said Business School  Full-time MBA  £71,440 
Cambridge Judge Business School  Full-time MBA  £61,500 
Imperial College Business School  Full-time MBA  £61,500 
Warwick Business School  Full-time MBA  £59,000 
UCL  Full-time MBA  £56,000 
University of Edinburgh Business School  Full-time MBA  £46,000 
University of Manchester Alliance Manchester Business School  Full-time MBA  £45,000 
University of Bath  Full-time MBA  £44,000 

 

The cost of living in the UK is also relatively high, so students should factor this into their budget when planning to study an MBA in the UK. The average cost of living for an international student in the UK is around £12,000 per year. 

There are a number of scholarships available to international students who want to study MBA in the UK. These scholarships can help to offset the cost of tuition and living expenses. 

Scholarship Opportunities to Study MBA in UK

There are many scholarship opportunities available for international students who want to study MBA in the UK. Scholarships for MBA programs in the UK are offered by universities, organizations, and government bodies, each with their own eligibility criteria. 

The cost of MBA in UK can be overwhelming for some students; however, scholarship opportunities are available to help alleviate the financial burden and make the dream of studying an MBA a reality. 

Here are some of the most popular scholarships: 

  • Chevening Scholarships 
  • Commonwealth Masters Scholarships 
  • GREAT Scholarships 
  • The Global Study Awards 
  • Charles Wallace India Trust Scholarships 
  • Inlaks Scholarship 
  • Felix Scholarship

 

Jobs After MBA in UK

After completing an MBA in the UK, graduates have access to a wide range of job opportunities across various industries. These include – 

  • Management Consultant 
  • Financial Analyst 
  • Marketing Manager 
  • Operations Manager 
  • Business Development Manager 
  • Project Manager 
  • Investment Banker 
  • Human Resources Manager 
  • Sustainability Manager 

The average salary for an Indian MBA graduate in the UK can vary depending on the university, the program, and the student’s experience. However, according to a survey, the average salary for an MBA graduate in the UK is £75,000. 

Life as an MBA Student in the UK

1. Opportunities for networking and career advancement

MBA Universities in the UK offer students several opportunities to network with professionals and advance their careers. Students will have the chance to meet with recruiters, attend industry events, and participate in case competitions. 

2. Accommodation options

UK universities typically provide various accommodation options for students, including on-campus halls of residence and off-campus private rentals. 

3. A vibrant and diverse student body

MBA programs in the UK attract students from all over the world. This creates a vibrant and diverse environment, which can be a great learning experience. Students will have the chance to meet people from different cultures and backgrounds and learn about different perspectives. 

4. Campus facilities and resources

UK universities offer state-of-the-art facilities and resources to support MBA students’ learning and personal development. From well-equipped libraries and research centres to modern lecture halls and study spaces, students have access to a good environment. 

5. A chance to live and study in a world-class city

The UK is home to some of the world’s most famous and cosmopolitan cities, such as London, Manchester, and Edinburgh. This means that MBA students in the UK will have the chance to live and study in a vibrant and exciting city. 

Get Expert Consultation at Shuraa Education

Pursuing an MBA in the UK can be an excellent experience for Indian students seeking to advance their careers. To ensure a smooth and hassle-free journey, it is highly recommended to seek expert consultation. Shuraa Education specializes in providing assistance for those aspiring to study abroad. 

With our specialized guidance and assistance, you can access everything you need to kickstart your educational journey towards an MBA in the UK. What’s more, Shuraa Education offers the first counseling session at no additional cost to you. 

Don’t miss out on this incredible opportunity to shape your future, take the first step today with Shuraa Education. Give us a call at +91 931 999 8924 or reach out to us at info@shuraaeducation.com. 

Frequently Asked Questions

1. Is an MBA in the UK a good choice for Indian students?

Yes, pursuing an MBA in the UK can be a great choice for Indian students. UK universities are renowned for their high-quality education and international recognition. An MBA from a UK institution can enhance your career prospects and provide you with valuable global exposure. 

2. How long does an MBA program in the UK usually take?

Most MBA programs in the UK are full-time and typically last for 12-18 months. However, there are also part-time and executive MBA programs available, which may have different durations. 

3. What are the average tuition fees for an MBA Courses in the UK?

The cost of MBA programs in the UK can vary significantly depending on the university and program. On average, they range from £20,000 to £60,000 per year. It is important to check the specific fees for the universities you are interested in. 

4. Do Indian students need a visa to study an MBA in the UK?

Yes, Indian students will need to apply for a Tier 4 (General) student visa to study an MBA in the UK. The visa application process can be complex, so it is advisable to seek guidance from expert consultants like Shuraa Education. 

5. Are there specific requirements for Indian students to apply for an MBA program in the UK?

Each business school may have its own specific requirements, but generally, Indian students will need a bachelor’s degree or equivalent, a competitive GMAT or GRE score, and proof of English language proficiency (such as IELTS or TOEFL scores). Some schools may also require work experience. 

6. Can Indian students work while pursuing an MBA in the UK?

Yes, Indian students on a Tier 4 student visa can generally work part-time during term-time and full-time during vacations. However, it’s essential to check the specific visa regulations and any restrictions set by your university.

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