MBA in UK: Universities, Eligibility, Types, and Career Opportunities

Master of Business Administration from UK is a prestigious academic degree, especially when gained from the UK. Business schools in the UK are well known for their quality of programs that include a hands-on approach to teaching and learning. An MBA from UK is a chance to develop global networks and build relationships with leaders and professionals from diverse geographical, cultural and experiential backgrounds. Such a diverse set of networks help students access opportunities and navigate the complexities of the international business world.

Why Study MBA in UK?

When planning to study for an MBA in the UK, students should consider the reasons for the degree to hold high value and the standing they would have in the future. An MBA from UK enjoys high regard for its:

1. Short Duration – Most MBA programs last for one year, allowing students to complete their degree and join the workforce quickly. 

2. Research-Oriented Curriculum - The degree inclines more towards the research aspect of management and offers a strong and supportive platform for students to be creative in their approach.

3. Wide Networks – The MBA in UK is valued high for the strong and global networks it promises to give access to. University partnerships with organizations, corporations and stakeholders encourages students to build connections unobstructed. 

4. Exceptional Faculty – The faculty of MBA programs in the UK has significant professional experience and uses methodologies that enable students to gain coveted practical experiences and academic insights.

5. Sough-after Specializations – Specializations of MBA in UK are interesting, unique and offer intense course content on the specific field of management, which is great for students or professionals with a clear path. 

Best universities offering MBA Programs in UK

Universities in UK offering master’s programs in business administration & management expand students’ knowledge in various fields related to new entrepreneurial ventures and long-standing businesses that also help build and sharpen their skills in approaching business situations from different standpoints.

Given below are some of the best MBA universities in the UK:

Universities	Business School
University of Bath	University of Bath – School of Management
University of Bristol	University of Bristol Business School
University of Glasgow	Adam Smith Business School
Lancaster University	Lancaster University Management School
Durham University	Durham University Business School
Queen Mary University of London	Queen Mary University of London School of Business and Management
University of Southampton	Southampton Business School
Essex University	Essex Business School
University of Birmingham	Birmingham Business School
Abertay University	Dundee Business School

MBA Specializations in UK

MBA programs offered in the United Kingdom can be divided into two types – general and with specialization, according to the coursework. Students, while opting, should align their goals with the kind of program they are choosing, as the programs can be for different levels of learners in the discipline of business.

General MBA – It is a 1-2 year program for professionals from any field wanting to upgrade their skills for prospects in management. The program covers topics like business strategy, finance, marketing, accounting and leadership.

MBA with Specialization – It is a 1-2 year program for professionals who know their domain of business and want to enhance it. In addition to the courses in general, the MBA focuses additionally on specific fields of business management like finance, healthcare, marketing and more. The specializations offered in MBA programs in the UK are mentioned below.

Coursework for MBA Program in the UK

A general MBA in the United Kingdom covers the following topics

1. Management decision-making

2. Strategy and competition

3. Operations and marketing

4. Not-for-profit consulting

5. Mergers and acquisitions

6. Commercial and international business consulting

7. Research methods and analytic

8. Globalization, innovation, and entrepreneurship.

The course content attempts to cover aspects that make students all rounded professionals with understanding and experience of managing different departments that function to make an organization work. 

Eligibility criteria for MBA programs in the UK

Master’s in Business Administration or Management has different entry requirements for different academic institutes. However, as a general set of criteria, the following fulfillments have to be satisfied:

• A bachelor’s degree or an equivalent
  
  
• English language proficiency test scores (e.g. a minimum score of 6.0—6.5 on the IELTS test)
  
  
• A minimum GMAT (Graduate Management Admission Test) score (if required)
  
  
• Proof of full-time work experience of the minimum specified time (if required)

Cost of Studying MBA in UK

There are two types of costs one has to pay for while pursuing an MBA in the UK: tuition fees and living expenses. The tuition fees vary depending on the program, which, however, ranges from GBP 11,000 to 30,000 per year. The cost of living comprises many different expenses such as rent, travel, food, utilities, health insurance, etc. The following table shows the average cost of living in the UK:

Expense Category	Average Monthly Cost (GBP)
Accommodation (1 bed apartment)	800 – 1500
Food	150 – 300
Transport	60 – 100
Utilities	150 – 250
Annual NHS Health Insurance	470
Entertainment	100 – 200

Scholarships 

Scholarship Name	Award Value
University Scholarship by Abertay University	£3,500
Merit Scholarship by Anglia Ruskin University	£1,000
Program Scholarship by Bath Spa University	£6,000
University Scholarship by Bournemouth University	£3,500

Application Process for MBA in UK

The application process for an MBA in the UK with Canam is as follows:

1. Visit Canam website: Contact Canam’s study abroad consultant or visit the website.

2. Sign up on the platform: The second step is to create a profile, filling in necessary details such as academic qualification, test scores (if any), course preference, etc.

3. Select course: Thereafter, search and shortlist the desired MBA course in the UK based on tuition fees, curriculum, etc.

8. Apply for a student visa: After that, apply for a UK student visa with the help of canam experts. 

Career Opportunities after MBA from UK

• Logistics Manager – Role involves coordination and analysis of the supply chain for an organization.  
  
  
• Marketing Manager – Profile involves devising strategies and campaigns to aid companies and clients in expanding their customer base and increasing sales.
  
  
• Financial Analyst – Role involves assessment of stocks, bonds, and other financial investments.   
  
  
• Operation Analyst – Role involves consulting managers to identify places for allocation of funds.
  
  
• Investment Banker – Profile involves studying the market to help companies and clients make informed decisions for investment.
  
  
• Management Consultant – Role involves rectifying the company’s problems and providing appropriate solutions for them.
  
  
• Finance Manager -Role involves maintaining stability in the financial activities of a client or company.
  
  
• Product Manager - Role involves working with managers and co-coordinating with finance, development and marketing departments to create and launch the company’s products.
  
  
• Business Intelligence Analyst – Profile involves improving the company’s efficiency and earnings by interpreting data in order to understand business market trends for organizations.    
  
  
• Marketing Director – Profile involves devising strategies to boost marketing performance.  
  
  
• Policy Analyst – Role involves gathering data to study the effects of public policies and make recommendations to the stakeholders and benefactors.
  
  
• Budget Analyst – Role involves tracking company expenses and reviewing budget proposal for sustained financial health of the organization.
  
  
• Sales Director – Profile involves increasing company through the direct route, sales.

Conclusion

A significant qualification in business like the MBA requires preparation is the form of documents, eligibility tests and gaining clarity on whether or not one wants to specialize in a domain. It also serves to gain clarity if the candidate knows the prospects of having the degree and how to navigate the professional world with the qualification. For expert guidance on any part in the process of applying or awareness on any aspects and prospects before or after a degree in UK, one must consult a recognized and a well-known international education consultant.