A business degree from a UK institution gives students insight into the planning, management, and operations of a company and is one of the most sought-after courses globally. Students are exposed to a variety of business-related topics, including marketing, human resources, finance, and administration. At a more advanced stage, students might choose to specialize in one of the business disciplines, whereas the first stage offers an overview of the whole business sector. Many UK colleges offer MBA programs, which are the most sought-after business courses. The University of Oxford, the University of Bath, the University of Warwick, and the University of St. Andrews are a few of the best universities in the UK that offer MBA programs.
MBA in the UK is a globally recognized degree with around 28 institutions ranked in the QS Global MBA rankings 2022 among which 11 B-schools ranked in the top 100. One of the accolades held by top B-schools in the UK is the AACSB accreditation which is exclusively offered to 5% of the business schools in the world. With excellent opportunities come huge costs which are feasible when compared to the returns on investment.
Top B Schools in the UK
The United Kingdom comes in second among worldwide educational hubs, with more than 395 universities. The nation not only has a diverse, multicultural population but also enrolls more than 5 lakhs, of foreign students. Making significant contacts that aid in networking is one of the main benefits of studying in this nation for students from all over the world. According to the QS World University Rankings: MBA rankings 2022, below is a comprehensive list of some of the top universities in the UK that provide an MBAÂ
Universities | Duration | Average Tuition Fee (1 Year) |
London Business School | 15-21 Months | GBP 58,600 |
Booth School of Business | 21 Months | GBP 53,493 |
Said the School of Business, University of Oxford | 1 Year | GBP 59,490 |
University of Cambridge, Judge Business School | 1 Year | GBP 57,000 |
Imperial College Business School, Imperial College London | 1 Year | GBP 53,500 |
Warwick Business School, University of Warwick | 1 Year | GBP 40,450 |
Alliance Manchester Business School | 15 months | GBP 35,200 |
University of Edinburgh Business School, | 1 Year | GBP 32,500 |
The Business School CITY, University of London | 1 Year | GBP 46,000 |
Cranfield School of Management, Cranfield University | 15 months | GBP 39,000 |
School of Business and Management | 1-5 years | GBP 20,500 |
School of Management – Anglia Ruskin University | 12 – 20 Months | GBP 16,500 |
Lancaster University Management School | 12 months | GBP 33,500 |
Business School – Coventry University | 12 months | GBP 18,950 |
Cardiff Business School – Cardiff University | 12 months | GBP 28,900 |
University of Strathclyde Business School | 12 months | GBP 31,900 |
Leeds University Business School | 12 months | GBP 31,250 |
Cost of an MBA in the UK
In general, the price of an MBA in the UK will rise as it becomes more popular. International students carefully consider their options before selecting the top business school. Students must manage their funds following criteria in several areas, such as paying application costs and purchasing travel tickets while applying for a UK student visa. Tuition and living costs for the duration of your studies are included in the price when you arrive. All tuition costs that students must pay, as well as the cost of living in the UK up until the course is finished, are included in the price of studying for an MBA in the UK.
The shorter length of UK MBA programs provides a significant advantage over their U.S.-based counterparts, resulting in significantly reduced costs for both educational expenses and housing. The cost of an MBA at one of the country’s top UK institutions can vary considerably depending on which college you select; although, for example, Oxford and Cambridge may charge as much as 45,000 dollars per annum in tuition fees while other universities may be able to accommodate £10,000 to £15,000.
Focuses, exclusively towards that expense – subject to availability from funding sources such as scholarships and donations though!
Kind of Expense | Cost in GBP and INR |
Fees for Visa Application | 348 GBP |
Housing | 500 GBP monthly |
Transportation | 150-200 GBP monthly |
Food | 150-200 GBP monthly |
Clothing and Leisure | 50 GBPÂ monthly |
Telephone and Mobile | 50 GBP monthly |
Scholarship for MBA in the UK
Scholarships are a powerful incentive for ambitious students hailing from worldwide nations who may have been hesitant to accept the idea that an MBA in Britain is beyond their financial reach. UK MBA scholarships are available from numerous organizations and institutions, including top universities and organizations such as the British Government.
Top B-schools offer an extensive range of UK MBA scholarships for Indian applicants – some may be based on merit while others may depend on other criteria such as country of origin or language proficiency requirements. For those seeking financial aid towards their studies in the United Kingdom, this could prove invaluable!
Discover the Top scholarships from the UK that can be utilized to pay for your ideal MBA program! From financial aid packages to grants and bursaries, our search engine has compiled a comprehensive list of opportunities :
- Brokerfish International Student Scholarship
- Charles Wallace India Trust Scholarship
- Chevening Scholarship
- Commonwealth Scholarship and Fellowship
- Tata Trusts Academy Senior Fellowship
- Global Study Awards
- Go Clean Scholarship
- GREAT Scholarships
- Hornby Scholarship
- Inlaks Scholarships
- The Financial Sumo Educational Scholarship Program
- The Gates Cambridge Scholarships
- The Oxford and Cambridge Society of Indian Scholarships
- University of East Anglia Scholarship
Conclusion
QS World University Rankings: MBA Rankings 2022 provides an exhaustive list of leading UK universities offering MBAs. Below is a comprehensive compilation of some of the top institutions in this field, each providing impressive education opportunities for ambitious students looking to advance their career prospects and reach new heights. It’s never easy to decide to move away from home to pursue your education, but you must do so if you want to pursue your ambition of earning an MBA in the UK. A UK MBA is a long-term career investment. Additionally, a UK MBA will improve your resume and broaden your horizons.
These are some of the best business schools in the UK and they offer a variety of courses that are designed to help you develop your skills as a future business leader. With these top business schools. the nation boasts a cosmopolitan demographic with an eminently diverse group of international students numbering more than 5 lakhs.