London has a long-standing reputation as an excellent academic destination for international students. It houses some of the world’s top-ranked institutions that offer quality education in various fields, including Management. So, if you are planning to pursue an MBA, read this blog to know the top MBA colleges in London, the reasons to study, and more.
Key Highlights
- Why should you study MBA in London, the UK?
- Master of Business Administration, London: At a glance
- Top MBA institutes in London
- Eligibility criteria for MBA colleges in London
- Cost of MBA in London
- Job prospects
Why should you study MBA in London, the UK?
- The B-schools in London are internationally acclaimed for offering world-class education. You will be amazed to know that two London B-schools (London Business School and Imperial College Business School) feature in the top 20 QS (Quacquarelli Symonds) Global MBA Rankings 2024. Moreover, London has gained the top slot as per the QS Best Student Cities 2024.
- The UK study visa allows international students to work part-time for up to 20 hours per week while studying, and the Graduate visa permits them to stay in the country for up to 2 years after completing their course. This is another compelling reason that attracts several international students to this destination.
- MBA in London gives a golden opportunity to develop a global network and build strong relationships with industry experts from diverse backgrounds.
Master of Business Administration, London: At a glance
MBA in London is a post-graduate program that imparts the management skills and knowledge required to grow and thrive in the global business landscape. This program includes a mix of classroom learning, practical projects, group discussions, and case studies. Many colleges arrange international study trips as an important part of the curriculum so that students can gain first-hand experience from the real-world scenarios.
As per interests, students can pursue this degree full-time and part-time in both offline and online study mode. Many reputed B-schools in London offer Executive MBA (EMBA) for individuals holding some work experience and are willing to upgrade their careers. Some other interesting insights are as follows:
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Top MBA institutes in London
London B-schools offer MBA degrees in various specialisations that students can choose as per their academic goals. London houses over 25 colleges that offer business programs. Some of the best MBA colleges are as follows:
- London Business School
- Imperial College Business London
- Bayes Business School
- Warwick Business School
- Brunel Business School
- Booth School of Business
- London South Bank University
- Hult International Business School
- London Metropolitan University
- Kingston University
Eligibility criteria for MBA colleges in London
Each MBA university in London, the UK, has unique admission requirements. Some of the general eligibility criteria that international students need to meet are mentioned below:
- Bachelor’s degree from a recognised university with a minimum of 60%
- Academic transcripts (degrees and certificates)
- Graduate Record Examinations (GRE)/Graduate Management Admission Test (GMAT) score
- English language proficiency tests like the International English Language Testing System (IELTS) or Test of English as a Foreign Language (TOEFL)
- Statement of Purpose (SOP)
- Letters of Recommendation (LOR)
- Work experience of 2-3 years (though not mandatory)
- Resume
Cost of MBA in London
On average, the annual tuition fees for pursuing an MBA in London, the UK, range from ~GBP 20,000 to ~GBP 1,00,000 (~INR 21,20,000 to ~INR 1,06,00,000). Whereas, the cost of living includes accommodation costs, travelling costs, food, and other monthly expenses may range from ~GBP 850 to ~GBP 1,350 (~INR 90,100 to ~INR 1,43,100).
Job prospects
London is a promising city in terms of career growth and compensation. MBA graduates can explore lucrative employment opportunities in companies like Citibank, BNP Paribas, Amazon, Google, Boston Consulting Group, etc. Some of the most sought-after job roles offered to MBA graduates are mentioned below:
- Financial Analyst
- HR Manager
- Business Development Manager
- CRM Manager
- Management Consultant
- Financial Controller
- Operations Manager
Indeed, studying in London is a once-in-a-lifetime opportunity. So, if you want to pursue an MBA degree in London but financial constraints are troubling you, you can apply for an education loan for abroad studies. An education loan is a smart way to finance your higher education independently. At Avanse Financial Services, we offer hyper-personalised education loans with benefits like 100% finance, quick loan sanctions, and flexible repayment options. To know details like education loan eligibility criteria, and the documentation process, get in touch with us today.
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