Good education contributes to a rewarding career of an individual. To have a bright future ahead, you should focus on gaining a quality education. So, while pursuing your education, you should take care of one thing that you must choose a merited place for your higher education.
One of the courses that are commonly opted by most of the students for their higher studies is Master of Business Administration (MBA). The MBA program lets an individual get gainful career opportunities. It helps him acquire a high-level managerial job that is well-paid and has appreciable opportunities for self-development & advancement. By pursuing the MBA program from a reputed B-school in an ideal destination, a student can learn experiential skills and knowledge of business that is required to run a profit-making business entity and gives the know-how to create and extend his business network.
The MBA course program is very popular among students lately because it offers different specializations that one could opt for, along with a myriad of job opportunities ahead. So, when you are aspiring to pursue a course with a wide scope, it would be more beneficial if you will choose to do it from a leading place.
Pursuing MBA from a top-notch business school in the United Kingdom is a great choice for you if you are aspiring to do MBA from a merited place. For those of you who have made their mind to make their career in the stream of management and find an MBA in the UK suitable but need some valid reasons to convince your parents or even your inner self, we have got you covered here!
The United Kingdom is amongst the most favoured overseas destinations for studying the MBA course for a reasonable cost with high-grade education to strengthen your career. UK offers one of the most prestigious MBA programs throughout the world. It is acknowledged by all the prominent global league tables. Notably, the UK stood out pretty well as fourteen business schools of the UK secured a ranking in the top 100 schools in 2018, as per the Financial Times Global MBA Ranking, 2018. Even now, out of the top 100 universities throughout the globe, the UK is home to sixteen institutions. Among these sixteen, four institutions are ranked in the top ten, namely the University of Oxford, University of Cambridge, Imperial College London, and University College London.
Important: Usually, for admission in the UK universities or B-schools, the GMAT and IELTS/TOEFL scores are considered.
The Business and Management programs in the UK have reputed programs that are highly popular among international students. Opting to pursue an MBA degree in the UK is a life-transforming decision for a student. You will equip yourselves with logical and innovative thinking skills for your career by studying in the business schools and universities in the UK. With its age-old traditions & history, unparalleled quality of education, and reasonably-priced course programs, the UK ranks on top of the list of study abroad destinations of international students. An MBA qualification degree will make sure that your CV is highlighted from the rest.
So, we have a highly curated list of the most significant & renowned reasons regarding why to study MBA from the UK.
Here, we will be discussing ten key reasons to do MBA from the United Kingdom. Let us begin with this!
One of the most imperative reasons for pursuing an MBA degree in the UK is the time associated with it. In our country, the MBA program in any reputed B-school has a duration of two years, as we all know. Contrastingly, in the UK, the typical MBA programs are for one year, as compared to the programs offered by other universities in countries like the US and Canada. Such a course program saves both your precious money and time, and there is no compromise in the quality aspect of the education you will receive. Remarkably, it lets you kickstart your career relatively earlier than other courses, which have a longer period of study.
Also, the fact is observed that most of the universities in the UK recognize the system of three-year bachelor degrees in India. So, after completing your graduation in India, you can head towards the UK to pursue your MBA post-graduation.
With time, the MBA degree has observed an evolution in the entry of specialized domains of study to match the requirements of different industries in terms of management. Lately, we find MBA courses available in new specialized domains like MBA in logistics & supply chain management, MBA in Hospital Administration, MBA in Aviation Management, and more.
The B-schools or Universities in the UK offer a diverse range of MBA programs to pursue, in comparison with the Business Schools in the US. Moreover, the MBA programs in the UK are more diversified concerning the content and latest specializations. Besides the core management subjects, like Financial administration, Economics, Human resources, Marketing, Accounting, Management Operations, Information systems, & Quantitative methods, there are many other electives offered to the students to opt for. The University-level Educationists and Curriculum planners are constantly engaged in making changes and adding new topics to keep pace with the latest modifications in the international market.
The leading & most popular specializations in MBA in the UK are Finance & Accounting, General Management, Marketing, International Business, Entrepreneurship, and Project Management. The students can choose their specialization as per their interests, strengths, & passion. The future goal of a student plays a vital role in this selection. A tip from our side is that while choosing the specialization for your MBA, you should see how they fit into your plan for attaining your career goals. The specialization selected must be aligned to your future goals.
Having an MBA degree from an esteemed Business school in the UK provides a student with prompt global recognition. The UK pridefully flaunts sixteen leading business schools that belong to the UK, from which four Universities/B-schools acquire positions in the top ten across the world. So, it is evident that an MBA degree from the UK B-Schools would make your CV stand apart from the crowd. Without ever compromising with quality and faculty expertise, universities in the UK sustained to thrive, being the most preferred among the international students.
The MBA degree from the UK is recognized worldwide, which appreciably enhances the chances for the graduates to grab job opportunities abroad. With this degree, the profile and portfolio of a student appeal to the top recruiters. When you come back to your country, you will have a competitive advantage over other individuals not having an MBA degree from a leading business school in the UK. Also, after pursuing MBA in the UK, the student can work as a professional in the UK itself. There is a great scope for employment in the UK. The UK has a high demand for skilled personnel in the financial services industry.
Despite the fact that the tuition fees for MBA programs in the UK observe a marginal increase with every passing year, the Business schools in this country are still more reasonable. Also, when we compare with the Business schools in the USA, the tuition fees of Business-schools in the UK are better affordable. In the state schools in the USA, the tuition fees for the MBA program range around USD 30,000 per year (INR 22,57,245), i.e., around USD 60,000 USD (INR 45,14,490) for the full-time two-year program for international students.
Now, coming to the figures concerning the UK, the tuition fees associated with the one-year MBA programs at a satisfactory B-school ranges around £10,000 to £15,000 (equivalent to INR 9,95,633 to INR 14,93,450) on an average. While there are elite choices also. For pursuing an MBA program at the leading schools, such as Oxford or Cambridge University, one has to approximately bear up to £45,000 (around INR 44,80,345) for the tuition fees of the MBA program. The selection depends upon you. If you can capably afford a hefty sum, you can go for Oxford or Cambridge; otherwise, on a general basis, many schools are offering MBAs at affordable costs.
So, there are many universities and business schools that offer top-rated degrees at considerably lower fees. Whereas, various executive or international MBA programs may have a fancy cost involved. But not to worry, as there are abundant opportunities for the aspirants to finance their masters in the UK. Also, the UK Government offers a wide range of scholarship programs for students to pursue these specialized courses to have the career of their dreams.
The UK offers a robust research infrastructure to the students for enhanced learning. Here are some facts to validate this thing - As per the studies & surveys conducted by the Research Excellence Framework (REF), around 30% of UK university research is considered World-Leading, and 46% are considered Internationally Excellent. Notably, the REF is the system for assessing the quality of research work conducted in higher education institutions in the UK. Hence, you will get a very sound research platform in the UK to study & explore different engrossing concepts in a practical setting.
Along with this, Libraries in the B-Schools in the UK have plenty of books for the students and staff. The Universities/Schools will also offer you subscriptions to various top-tier academic databases that embrace thousands of journals and research papers from different parts of the globe. It significantly helps the students to read & explore the progressive concepts and latest aspects in research for their assignments.
Remarkably, the UK leads the other study destinations offering outstanding education. The MBA program in the UK guides the students concerning how to confront the corporate world with confidence by organizing regular student interactions with thriving business leaders.
For maintaining a high standard of education, The official organizations do the regular assessment & grading of the level of teaching and research at the Universities/B-Schools to ensure that it is as per the set benchmarks. Also, the Quality Assurance Agency for Higher Education (QAA) carries out independent reviews of various programs, despite the fact that the institutions in the UK take the responsibility of confirming the quality of different programs by themselves too. Moreover, the professional bodies can also guide the curriculum framework and conduct reviews on independent departments in an institution.
The UK Universities maintain close rapports with industries in different business sectors. The faculty members at the MBA schools have high professional expertise in specific fields. The 12-month MBA program combines lectures, workshops, projects, and overseas conventions. It will offer you practical experience & knowledge and assist you in getting placements opportunities.
Greater than half of the total students enrolled in the MBA programs in the UK are from abroad. It opens up doors for the students to familiarise themselves with new people. Students from different corners of the world have different cultural backgrounds. By this, the students get exposure to varied cultures. It develops cultural harmony among them and increases the opportunities to have a cordial relationship ahead of the borders. Such exposure is highly beneficial for you as a person and for your professional life as well.
Students from around the globe reach the UK to pursue MBA from UK. Here, you can create great connections. Most of the Universities and business schools in the UK foster close links with the industry leaders, which offers significant opportunities to the students to interact with large corporations and ventures, for whom you may one day get to work (no one knows what's in one's fate!). MBA in the UK prepares you to meet the requirements of 21st-century business.
Every MBA program offered by leading Universities in the UK comes with multiple internship programs that provide practical experience to make you an industry-ready professional. The B-Schools closely work with many of the leading professional organizations. They maintain strong rapports with leading business firms. Due to the close links with the business industry, at the UK business schools, you will get to link up with several notable people at lectures, seminars, & special events. Fostering these relationships will benefit you in your career. Major recruiters around the world are well-informed of the quality of the conceptual & applied knowledge offered in the UK. Hence, they are more predisposed towards individuals with an MBA degree issued by universities in the UK.
Most business schools in the UK offer full-time career consultancy services that help you tap your talent and realize your capabilities. This full-time career guidance service lets you discover your innate skills and interests. The career advisors will assist you in enhancing your CV and cover letters by giving them a more professional approach. Moreover, they provide you tips for interviews and train you with the relevant skills to get your dream job or commence your business.
The education system in the UK provides close interaction between students and lecturers. Many institutions offer support in the English language to guide international students to become proficient in linguistic skills needed for the successful completion of their course. Most UK universities have a team of expert counselors and advisors to assist the students in familiarizing themselves with their education system or any aspect of their program.
Lastly, an MBA degree from the UK gives a chance to the students to gain alumni status and join the Alumni Club. You can create networking opportunities and gain enhanced accessibility to a myriad of knowledge & resources by being a part of a well-built alumni base. It would benefit you in your career ahead.
On successfully completing the MBA program from a prestigious university/ B-school in the UK, a student gains alumni status and becomes eligible to enter the Alumni Club. A well-built alumni network has a rich storehouse of resources. Joining an alumni club can reward you in decent ways. Most alumni clubs offer enticing perks. The benefits of an Alumni Club membership can involve great discounts, professional resources, and networking opportunities. Moreover, some Alumni Clubs also accord with businesses to offer discounts for their members, such as discounts on health insurance, auto insurance, & cell phone service, to name a few.
MBA is a course with great scope concerning job opportunities, lucrative pay, and recognition. To gain all these, one has to put effort into a bright career. However, the quality of your education significantly affects your career ahead.
By pursuing an MBA degree from the UK, you will learn about varied aspects of business, and you will develop and bloom out with in-demand business skills. On considering all the reasons entailed above, opting for the UK for pursuing your MBA studies would be the wisest decision that you could make for your lucrative career ahead.
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