MBA in UK for Indian Students: A Complete Guide for 2024

Updated on

06-07-2024

MBA in UK for Indian Students: A Complete Guide for 2024

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MBA in UK is a 12-21 months program with costs ranging from 31,000 GBP to 87,000 GBP (INR 32 lakhs to 91 lakhs). Pursuing an MBA from a UK institution can significantly enhance job prospects for graduates in today’s competitive job market. The UK is home to some of the world’s most prestigious Business Schools like  London Business School, Imperial College Business School, University of Oxford, and Cambridge. 

Interestingly, MBA in the UK requirements are less stringent than in Canada and the USA. With a 65% academic score, you can apply to most MBA colleges in the UK. Continue reading this blog post to learn about pursuing an MBA in UK for Indian students, including top colleges, tuition fees, courses, eligibility criteria, future career prospects, and much more.

Why study MBA in UK?

mba-in-uk-for-indian-students

  • The eligibility criteria to enroll in MBA colleges in UK for Indian students is quite flexible. Hence many Indian students prefer to study higher education there. Last year, more than 38000 students enrolled in MBA colleges in the United Kingdom.
  • According to the Financial Times 2024 Global MBA Rankings, top UK Business Schools- London Business School, University of Cambridge: Judge Business School, University of Oxford: Saïd Business School, Imperial College Business School, and Warwick Business School rank prominently among the top tier business schools globally. 
  • The education system in the UK is far advanced in terms of technology. In UK universities, students were assigned projects that require intense research and skills that companies are looking for in candidates.
  • A new immigration route has been created by the UK government that will enable international students to stay in the UK for 2 years after completing their studies. In this way, you get opportunities to work in the global market.

Top 10 MBA Colleges in UK for Indian Students

According to QS Global MBA Rankings, the best MBA universities to study in UK are given in the table below

S.NO Universities QS Global MBA Ranking MBA duration Exams Accepted Fees
1 London Business School 4 15-21 months GMAT, GRE GBP 58,600 (INR 59 lakhs)
2 University of Cambridge, Judge Business school 9 1 year GMAT, GRE, IELTS, TOEFL GBP 57,000 (INR 57 lakhs)
3 Said School of Business, University of Oxford 18 1 year GRE, GMAT GBP 59,490 (INR 60 lakhs)
4 Imperial College Business School 20 1 year IELTS, TOEFL, Duolingo GBP 53,500 (INR 54 lakhs)
5 Warwick Business School 36 1 year GMAT, GRE GBP 40,450 (INR 41 lakhs)
6 Alliance Manchester Business School, The University of Manchester 49 15 months IELTS, TOEFL GBP 35,200 (INR 35 lakhs)
7 University of Edinburgh Business School 64 1 year IELTS, TOEFL GBP 32,500 (INR 32 lakhs)
8 Cranfield School of Management, Cranfield University 82 15 months GMAT, GRE GBP 39,000 (INR 39 lakhs)
9 Durham University Business School 101-110 1 year GMAT, IELTS, TOEFL GBP 35,000 (INR 35 lakhs)
10 City's Business School 101-110 1 year GMAT, GRE GBP 9000 (INR 9 lakhs)

Students can enrol in diverse MBA programs at leading UK universities. Options like The General MBA, the Global MBA, the Executive MBA and the Specialized with popular disciplines are offered. Here is an extensive list of top MBA courses one can choose from to study MBA in UK:

1. MBA in International Business

Through this course, students get an in-depth understanding of trade and business management activities at a global level. The duration of the course is generally 1-2 years and varies from one university to another.
The annual tuition fee for this course ranges from 17 to 42 lakh INR. Universities offering the MBA in International Business are

University Name Fees (1st year in INR)
University of Greenwich 16.08 lakhs
University of Birmingham 29.52 lakhs
Coventry University 17.8 lakhs
The University of Manchester 36.8 lakhs

The careers of graduates after pursuing an MBA in International Business will be across financial firms, IT companies, educational institutions, pharmaceutical companies, etc., with an average salary of around 55,000 GBP per annum. Some of the popular job profiles are

Profession Average Annual Salary (GBP)
Investment Banker 61,000
Finance Manager 45,000
Risk Analyst $46,000
Financial Controller $55,000

2. MBA in Finance

This one year program teaches about analysing and forecasting financial reports, economic trends, as well as managing and improving investment portfolios, balancing risks, and making stocks profitable. The annual tuition fee ranges around 12000 to 65,000 GBP (12.10-65.67 lakhs INR). Colleges offering this course are

University Name Annual Fees ( GBP)
University of Cambridge 64,000
University of Edinburgh 35,900
Imperial College Business School $61,500
The university of Nottingham $28,000
Imperial college Business school 61,500

Students who pursue an MBA in Finance can choose career paths like accountancy, administration, banking, and finance. Details are given below

Job role Average Annual Salary (GBP)
Marketing Director 76,900
Sales Director 87,000
Business Development Manager $40,800
Service Manager $43,200

3. MBA in Entrepreneurship

This course is for students wanting to progress their career towards an entrepreneurial approach at the local or global level. The course duration is 12-15 months and equips you with the skill sets required to create your own organizational structure, face real world challenges, manage it, and administer it. Universities offering this course are

University Name Annual Fees ( GBP)
Anglia Ruskin University (ARU), Cambridge 18,100
Durham University 35,000
University of East London $33,480
University of Wales, London $15,000
Imperial College Business school 61,500

After pursuing this course, individuals can explore diverse career paths like starting their own business, taking up managerial or organisational roles, or contributing valuable support and knowledge to colleagues in junior or senior management roles.

4. MBA in Marketing

MBA in Marketing prepares you to become a multi-talented marketing professional to work in various industries and organisations. This 1-2 year dynamic program has huge market demand in the UK. A few universities offering this course are given below

University Name Annual Fees ( GBP)
Coventry University 20,100
University of South Wales 14,300
Bangor University $18,050
University of Sunderland $15,000

Marketing professionals earn around 45,961 GBP per annum in the UK, with a maximum of 132,000 GBP per year. Let us have a look at job prospects after pursuing MBA in Marketing from UK universities

Job role Average Annual Salary (GBP)
Marketing Manager 136,000
Marketing Advisor 77,500
Creative Marketing lead $78,800
Digital Marketing Manager $94,100

5. MBA in Human Resource Management

Studying MBA in HR at UK universities will prepare you professionally for the global market. The average tuition fee for this 1-2 year program ranges from 13-20 lakhs INR. Some of the top universities offering this course are

University Name Annual Fees ( GBP)
Coventry University 20,100
University of Sunderland 15,000
Edge Hill University $17,048
University of Bedfordshire $15,400

A newbie MBA HR graduate earns an average salary of 43,000 GBP per year. Some of the popular professions with their respective salaries are given below

Job role Average Annual Salary (GBP)
HR Manager 40,000
HR Generalist 39,221
Director of HR department $73,000
HR Business Partner $42,700

Check: Highest Paying MBA Specializations in UK

 Eligibility Criteria to study at MBA Colleges in UK

The general eligibility criterias required to apply for MBA in a good Business school are

  • A relevant three year bachelor’s degree from a recognized university
  • GMAT/GRE scores
  • Language tests (IELTS/ TOEFL/ PTE) scores
  • Some UK universities require minimum 2 years of work experience 
  • Passport and Visa

Documents required to apply for MBA in UK Universities

MBA in UK without IELTS and GMAT 

Every UK university has its own set of admission criteria. Here are some of the universities where international students can study MBA in UK with out requirement of GMAT and IELTS scores.

MBA in UK without GMAT 

Achieving GMAT score can be a bit hurdle to study MBA in UK for Indian students. But, don’t worry! Here are top UK universities for MBA in UK without GMAT:

  • The University of Central Lancashire
  • The University of Reading
  • Birmingham City University
  • Durham University
  • Middlesex University
  • Lancaster University
  • The University of Warwick
  • Cranfield University
  • HULT International Business School, London

Also Read: MBA in UK without GMAT

MBA in UK without IELTS

The difficulty of attaining the IELTS requirement may often overshadow the goal of pursuing MBA in UK. However, here is some good news for Indian students who want to study MBA in UK without IELTS! Given below is the list of some of the prestigious universities to study: 

  • Lancaster University
  • Birmingham City University
  • University of Lancashire
  • Middlesex University
  • University of Reading

Admission Process to study MBA in UK for Indian Students

admission-process-to-study-mba-in-uk

MBA Fees in UK

The UK has top-notch universities offering MBA courses at varying costs. On average, the tuition fee for an MBA in UK ranges between Rs. 17-40 lakhs, which can vary depending on the university you apply to. UK’s top universities such as the London School of Business, the University of Oxford, and the University of Cambridge charge tuition fees of around Rs. 40-68 lakhs. However, there are affordable MBA colleges in the UK offering MBA programs at lower cost. There are 10+ universities in the UK that charge the cheapest around less than 20 lakhs per year for an MBA course.

Given below are the different types of MBAs offered in the UK along with their annual fees.

MBA Program Type Average Annual Fees
Full-Time MBA £25,000 - £65,000
Part-Time MBA £15,000 - £40,000
Executive MBA (EMBA) £30,000 - £80,000
Online MBA £10,000 - £25,000
Specialized MBA £20,000 - £50,000
Global MBA £30,000 - £70,000

Fees vary depending on the institution and specific program.

To know more Read: Cost of Studying in UK

Affordable MBA colleges in the UK for Indian Students

University Name Average tuition Fee (GBP)
University of Bedfordshire 16,250
University of East London 15,720
University of Bolton $13,950
University of Suffolk $16,380
Cardiff Metropolitan University 10,500
University of Wales, Trinity St. David 15,000
University of west London 15,000

 Cost of Living in UK

The duration of MBA programs in the United Kingdom will be between 12 to 21 months and costs on an average between  £31,000 and £88,000 per year. For Indian Students, the cost of study for an MBA in UK ranges from INR 24 lakhs to INR 80 lakhs. And the cost of living depends on the place of stay and location of college.

Type of Expense Cost in GBP and INR
Visa application fees 348 GBP (INR 35,834)
Housing 500 GBP (INR 51,486) monthly
Transportation 150-200 GBP (INR 15,445 to INR 19,844) monthly
Food 150-200 GBP (INR 14,883 to INR 20,594) monthly
Clothing and Leisure 50 GBP (INR 5,148) monthly
Telephone and Mobile 50 GBP (INR 5,148) monthly

Also Read: Cost of Living in UK

Scholarships to pursue MBA in UK for Indian students

Studying abroad is expensive which can be offset with the help of scholarships. MBA scholarships are offered by business schools and by external organisations. Approval of the scholarships are based on the student’s merit, academic performance, skills and other factors. Listed below are the MBA scholarships in the UK.

Scholarship Name Amount
London Business School Fund Scholarships Up to £78,500
Global Study Awards Up to £10,000
The Oxford and Cambridge Society of India Scholarships Up to £4,000
The Financial Sumo Educational Scholarships $1,000 (approximately £730)
BrokerFish International Student Scholarship $1,000 (approximately £730)
Go Clean Scholarship $3,500 (approximately £2,550)
Oxford India Centre Scholarships Variable (covers full or partial tuition)
Chevening Scholarship Covers tuition, travel, and living expenses
Commonwealth scholarship and Fellowship Covers tuition, travel, and living expenses
Education grants by TATA trusts Covers tuition, travel, and living expenses
Felix Scholarships Covers tuition, travel, and living expenses
GREAT Scholarship £10,000

To know more about scholarships refer: UK scholarships for Indian students

Job in UK after pursuing MBA  

The UK stands as a prominent hub for economic development, with London securing its place among the top financial capitals globally. The job market is flourishing, particularly for individuals holding an MBA in finance and economics, with ample opportunities for managers capable of  handling challenging roles. Noteworthy UK recruiters of MBA graduates include Deloitte, PwC, KPMG, EY, Amazon, Google, and HSBC. The average salary after studying MBA in UK ranges from 64,000 Euro to 128,000 Euro per annum. Here are some jobs available in UK for MBA graduates:

Job Title Annual Salary
Finance Manager INR 69 lakhs
Business Development Manager INR 61 lakhs
Marketing Manager INR 58 lakhs
Business Analyst INR 47 lakhs
Operations Manager INR 56 lakhs
Project Manager INR 55 lakhs
Financial Analyst INR 52 lakhs

Check: Highest Paying Jobs in UK

Work Permit after studying MBA in UK

Attending a 12 month program in the UK grants you a student visa which is valid for 16 months, allowing four extra months for job hunting instead of rushing back to your home country once the course is done. Students willing to stay in the UK after completing their MBA degree must get a post-study work visa. The post-study work visa UK (PSWUK) or work permit for the UK permits international students to stay back to search for work or to work on some full-time job opportunities in the UK for 2 years after completing their graduate studies. For PhD or Doctoral students, this period might extend for 3 years.

There will be no further extension of your graduate route visa beyond these specified time durations. You will be required to apply for a Skilled Worker visa if you wish to work and stay in the UK beyond these specified periods (choose which ever suits your qualifications).To know more Read: UK student Visa

MBA in UK for Indian Students offers a high return on investment through networking and excellent employment opportunities to kickstart your career. To progress your journey towards MBA in UK, it is advisable to take help from our Kanan Study abroad experts, who keep you updated with the latest industry trends and can help you in getting admission to top universities.

People Also Ask

1. How much does MBA cost in the UK for Indian Students?

MBA in the UK costs between 31,450 GBP to 87,900 GBP (approx. 29 lakhs to 81 lakhs INR). The course duration is 12-21 months. Around 130 business schools in UK offer MBA programs with various specializations.

2. Is MBA  in UK worth it for Indian students?

The UK is highly regarded as the best place to study MBA by Indian students. However, it is also recognised as one of the most expensive places to live. Despite being the most expensive to live in, there are a lot of universities that offer affordable yet high quality MBA programs.

3. Who is eligible for MBA in UK?

The eligibility criteria required for MBA admission in the UK are - a minimum of 3 years of full time work experience, A Bachelor’s degree or equivalent, GMAT score, IELTS score of at least 6.0-6.5.

4. Is MBA from the UK valid in India?

In India, MBA degrees pursued from the UK are not considered equivalent to Master’s degrees by the Association of Indian Universities (AIU), a sole recognised body in India that grants academic equivalence degrees or diplomas to foreign degree holders.

5. How to get admission for MBA in UK without IELTS?

Students can gain admission to colleges without the need for IELTS scores. Instead, they must demonstrate their English proficiency by showing proof such as taking majority of classes in grades 11 and 12 in English, holding a bachelor’s degree in English or completing a pre-sessional language course designed for International students.

6. What is the average GMAT score required for top MBA colleges in UK?

While GMAT is not a strict requirement to study MBA in UK, some of the best universities in UK may ask to submit a GMAT score. Notably, for top MBA  programs in UK offered by institutions like London Business School, INSEAD, London School of Economics and the University of Oxford typically require the average GMAT score range between 690 to 710.

7. Can I study MBA in UK without IELTS? 

Yes, Students can apply to various UK universities without the need for IELTS scores if they meet some other requirements provided. The universities where Indian students can study in UK without IELTS may ask them to take an English Language Program along with regular classes or may accept proof of over 75% in high school Academic English or provide an English Language Proficiency wavier- a letter stating that in the student’s previous university, the language of instruction was English. These requirements vary based on the college or university you apply to.

8. Is GMAT required for MBA in UK?

GMAT is not a mandatory requirement for majority of MBA programs in UK. The Executive MBA Program in the United Kingdom(UK) allows individuals to enrol even if they don’t have a GMAT score. Individuals with professional experience in mid-to-senior management positions are the target audience for this Executive MBA program. Some of the prerequisites required before you enrol for this programme are

  • work experience 
  • Academic record
  • Language proficiency tests like IELTS or TOEFL 
  • 2 to 3 letters of recommendation, either from previous employers or seniors you have worked for. 

9. What is the processing time for obtaining UK student visa?

The processing time for obtaining the UK student visa is 3 weeks. Students planning to study in UK must apply for student visa aleast three months before the course start date. The categories of UK student visa based on the time it takes to get the visa are as follows:

  • Super Priority visa- will be issued in less than a week after student has applied for.
  • Priority- will be issued after 1-2 weeks after student has applied for visa.
  • Regular Visa- Issued after 3 weeks from the date of applying.

10. Which Universities offer MBA without Work experience?

Recent graduates willing to enter management courses to build a good career is growing rapidly. Although universities worldwide prefer students with work experience for MBA, here are a few universities that offer MBA in UK for Indian Students without work experience:

  • Coventry University
  • Leeds Beckett University
  • Anglia Ruskin University
  • University of East London
  • University of Northampton
  • Cardiff Metropolitan University
  • Bedfordshire University
  • University of Derby
  • Staffordshire University
  • University of Greenwich
  • University of South Wales
  • University of West London

 

About Author Tejaswini Kota

Tejaswini is an enthusiastic writer, reader and a passionate learner. Additionally, she was a research fellow and holds a grip in English writings and research/paper publications. She holds bachelors and masters degrees in engineering. She spent three years in the education industry and is currently working as a full-time content writer at Kanan International, writing articles for study abroad projects. She is proficient in creating good quality content that helps the students for language proficiency tests like IELTS, GRE, TOEFL etc. and can help in advising you the right choice of college for admission.

Kanan International is a study abroad consultancy that offers reliable services, products, and solutions for students and education institutions. We support students throughout their study abroad journey, ensuring a hassle-free experience. Our expertise and commitment to excellence make us the go-to partner for expanding global horizons. The company provides coaching for IELTS, GRE, TOEFL, and SAT exams and services like visa consultation, accommodation, scholarship assistance, and education loans.

 

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