Everyone desires to get an MBA degree and pursue it in a foreign country. While some MBA students prefer to complete their courses in their own country, others prefer to travel the world to broaden their horizons. Pursuing the best MBA in the United Kingdom for Indian students is extremely frequent, and it comes with its own set of advantages, which you will discover by the end of this blog.
The United Kingdom is regarded as being one of the safest places to pursue higher education, but it is also one of the most expensive. Although living in the area is pricey, there are a few colleges that are now relatively affordable. British universities are likewise attempting to attract Indian academics, which is why foreign student fees have been reduced. If you are an Indian student interested in studying abroad, there are a few things to consider before you take the plunge. So, let’s quickly look at the best business schools in the UK given below.
Best business schools in the UK
Oxford University
It’s no surprise that the world-famous University of Oxford is one of the best MBA colleges in the United Kingdom. The integrated courses offer a diverse set of curricula to help students broaden their knowledge while also improving their skills. On the University of Oxford’s website and brochure, you can find the whole curriculum for their MBA program. 67.1 lakhs is the fee. Eligibility: It is necessary to have an IELTS score of 7.5. Also, GRE is acceptable.
Cambridge University
Cambridge University is the UK’s second-best MBA school. Because of the individualized attention given to each candidate, it is a popular choice among Indian students. Cambridge University values each student’s responsibility, resulting in a more balanced college experience. 62.3 lacs in fees. A minimum IELTS score of 7.5 is necessary and GRE is acceptable for eligibility.
Warwick University
With a fast-paced program designed to educate students for the intense world of business management, Warwick is ranked among the top 5 MBA colleges in the UK. Their curricula are quite effective, and they actively engage students in gaining a comprehensive understanding of the global business environment. INR 49.5 lacs in fees. A minimum IELTS score of 7 or a PTE score of 70 is necessary for eligibility. The college comes under one of the best MiM schools in the UK.
Bristol University
Bristol University is a prestigious institution that is consistently listed among the top five MBA programs in the United Kingdom. It’s well-known for its practical, goal-oriented approach. The institution offers a broad educational program as well as hands-on experience to equip students for real-world business challenges. INR 3.5 lakhs in fees. Eligibility: A minimum of a 7 on the IELTS or a 67 on the PTE is necessary.
London Business School
This university, often known as LBS, has firmly established itself as one of the best MBA colleges in the UK. Their programs are designed to assist students in assuming leadership roles and advancing up the corporate ladder. INR 36.5 lacs in fees. A minimum IELTS score of 7 is necessary for eligibility. The GMAT exam is also accepted. You can also check out the best MSBA schools in the UK if you are planning to pursue something else.
Bath University
Bath University is one of the top 10 MBA colleges in the UK, thanks to its curriculum, which includes a unique multi-project suite designed to prepare students for real-world settings. The business degree not only gives you the knowledge you need to run a successful company but also gives you real-world problem-solving opportunities. 44.7 lakhs (INR) in fees. Eligibility: A score of 7 on the IELTS or 100 on the TOEFL is required.
Lancaster University
Lancaster University is one of the top ten MBA colleges in the United Kingdom, and it is well-known for its international business curriculum. They equip students with a broad understanding of international economics in order to prepare them for the rapidly evolving company development landscape. INR 39.3 lacs in fees. A minimum IELTS score of 7 or a PTE score of 65 is necessary for eligibility. Lancaster also comes under one of the best MFin schools in the UK.
Leeds University
Leeds University is a well-known MBA school in the United Kingdom that emphasizes hands-on learning. The institution allows students to network with experts from all around the world and learns about market structures in order to apply management in real-life situations. 34.2 lacs (INR) in fees. Eligibility: A score of 6.5 on the IELTS or 64 on the PTE is necessary.
University of Edinburgh
It is one of the UK’s most well-known MBA colleges, offering a rigorous program for students interested in advancing their careers in management. They offer a comprehensive and integrated personal coaching and professional training and development program. INR 42 lacs in fees. A minimum IELTS score of 7 or a PTE score of 67 is necessary for eligibility. You can also check out Best MeM Schools in the UK for more details.
Eligibility for MBA
It is not necessary to have a business or management degree to apply for an MBA in the United Kingdom or the United States for Indian students. Even some of the greatest MBA colleges in the UK for Indian students have specific requirements that must be met in order to be admitted. So, when applying for a post at a business school, keep the following factors in mind:
⦁ GMAT Test Score
⦁ Experience at work
⦁ Essays on MBA
⦁ Scores on English Language proficiency
⦁ Letter of reference
The criteria are equal to any equivalent foreign MBA program in England in terms of methodology. Most of the top MBA programs in the UK for Indian students would require you to submit an application that includes MBA essays, recommendations, and a respectable GMAT score. If the Admissions Committee believes you are capable of meeting the university’s criteria, you will be invited to an MBA interview.
The most significant distinction between an American MBA and a British MBA is the duration of the program. Although a two-year MBA program is typical in the United States, most British MBA universities provide one-year MBA programs for Indian students. In general, the shorter a high-ranking MBA program’s application period is, the more experienced applicants it attracts from all over the world. This represents the class’s profile of UK MBA universities. Don’t be surprised if you encounter colleagues in your study party who are beyond 30, married, and bring their children to social activities.
Indian students can pursue an MBA in London. For overseas students and Indian executives who tried their luck a few years ago with the greatest MBA programs in the United States but fell short, options keep the dream alive. In the UK, as in the US, institutions, and colleges offer MBA programs for international students with no work experience and no GMAT score. While the eligibility for an MBA in the United Kingdom for Indian students varies as there are many possibilities open to you. metaverse
Financial Worth
Is it, therefore, financially worthwhile? Yes, of course. Many students only see the big picture, the return on investment as soon as they graduate, rather than five or ten years later. Employers value international education, and international work experience is much more valuable. This is why many UK colleges provide courses with the option of an internship, allowing students to gain work experience in a foreign company.
An MBA in the United Kingdom can be quite expensive. However, the majority of MBA programs in the United Kingdom are only one year long. This has the added benefit of allowing you to complete a two-year MBA program, similar to most traditional US and Indian MBA programs, to make up for the lost opportunity. In addition, the United Kingdom is home to some of the major financial centers in the world. For example, London has a plethora of networking opportunities to help you maximize your MBA return on investment. The university’s location in the area is essential for traditional UK expenses.
Student Visa and Work Permit
According to the most recent update, if you enroll in a 12-month program, your UK student visa will last 16 months. It will provide you with a handy 3+ months to seek a job, assuming you don’t have one by the time you graduate. Contrary to popular belief, this does not mean that you must leave the nation soon after your course is over.
Overall, a decent UK MBA for Indian students will provide you with a solid education, a better understanding of home-cooked Indian cuisine, international recognition, mind-numbing foreign currency debt, and a career move for those who have prepared well. A student visa is, however, a crucial factor you should consider and be prepared for when calculating MBA tuition in the UK for Indian students.
Work Visa
International students who complete an MBA in the UK have a lot of job opportunities. Changes in immigration policies have made it easier than in prior years to move from a UK student visa to a work visa. International students who graduate in the United Kingdom will now have a two-year period to look for work instead of the current four-month period.
As a result, they have a better chance of finding long-term employment and a location that will assist them in obtaining a visa for professional employment. Permanent resident status is required after five years of living and working in the United Kingdom.
Fees for MBA in London
In the United Kingdom, an MBA degree takes 12 to 21 months to complete, and tuition rates vary. An MBA in the UK costs between GBP 31,450 and GBP 87,900 on average for Indian students. The total cost of studying in the UK for an Indian student is between 29 and 81 lakhs.
Is it Worth it?
MBA colleges in London for Indian students, globally recognized brands, highly competitive wages and roles for international employers, valuable networking opportunities, excellent student services, and a significantly shorter MBA period make MBA in the UK a force to be reckoned with for Indian students. When you add in the possibility of establishing a permanent residence in the United Kingdom and easy access to the European Union, you have a highly valuable option for international business education.
Author Bio
Author Bio: Abhyank Srinet is a passionate digital entrepreneur who holds a Masters in Management degree from ESCP Europe. He started his first company while he was still studying at ESCP, and managed to scale it up by 400% in just 2 years.
Being a B-School Alumni, he recognized the need for a one-stop solution for B-School to get in touch with schools and get their application queries resolved. This prompted him to create MiM-Essay, a one-of-a-kind portal with cutting-edge profile evaluation and school selection algorithms, along with several avenues to stay informed about the latest B-School Updates.