Business and Management Courses in the UK 2024: Universities, Eligibility & Admission

Business and Management Courses in the UK

Last Updated on August 30, 2024

Still, confused about whether to pursue Business and Management courses in the UK? Here are the reasons why you should

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The United Kingdom is one of the best places to kickstart your Master’s in Business and Management, with the best universities like the University of Manchester, the University of East London, Teesside University, the University of Cambridge, Imperial College, etc. The UK provides an excellent environment to develop essential skills and propel your career forward. It is known worldwide for the best financial education provided by them. They do have a diverse range of different specializations that can help you boom in your career. 

Business and Management courses in the UK: Scope 

The students are given renowned courses that add significantly to their resumes and careers in the UK. Their wide range of specializations aids your ability to excel in your area of expertise. The UK is the place to go if you want to succeed in accounting and finance, marketing, human resources, or consulting. The thriving business scene in the UK offers many opportunities for networking and building relationships with professionals in the field. 

Business and Management courses in the UK: Eligibility

The eligibility requirements for a master’s degree in Business and Management are as follows:

  • Colleges in the UK demand a 2:1 ratio and a bachelor’s degree in the relevant discipline with a grade point average of between 50 and 70 percent. 
  • For some B-schools, a GMAT score of 650 or above is necessary, whereas a minimum GMAT score of 600 is needed to be admitted to college. With scores of 6 to 7 on the IELTS and TOEFL exams, respectively, and 92 to 100 on those same exams, pupils can also take those exams and enter colleges. 
  • In the UK, a minimum of two to five years of work experience is required because the majority of applicants are professionals who are currently employed. 

Business and Management courses in the UK: Admissions

To enter any UK college, you must complete a straightforward admissions process. You must first conduct research on the college and the degree you intend to enroll in. The next step is to look into the requirements for the college you want to attend. The documents you’ll need to submit in order to be admitted to the college of your choosing, such as the GMAT, GRE, IELTS, etc., are then ready. Once you have all the required paperwork ready, submit an application for the course of your choice. Wait for the college’s decision after applying. Obtain a student visa after they have acknowledged and approved your application. Arriving in the UK and looking for housing are the final steps. 

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Business and Management courses in the UK: Cost of Living and Studying

Living in the UK is notoriously expensive. Depending on the college of your choice, the admissions fees for a 12- to 21-month programme would range from £31,450 to £87,900 (or approximately 29 lakhs to 81 lakhs INR). The accommodation cost will differ depending on the location. Your housing costs will vary from those provided by the university if you decide to live in a privately rented home.  A private rented property would cost you between £600 to £1200 per month, whereas an institution would cost you between £400 to £800 per month (or INR 40,000 and 80,000), which would include all the bills. In addition, the cost of health insurance would range from £150 to £300 per year, depending on the provider.

Business and Management courses in the UK: Scholarships

Students who have achieved outstanding academic results, strong GMAT/GRE scores, and relevant work experience have been given scholarships by universities like Oxford, Cambridge, Imperial, and many others. There are universities like Strathclyde Business School that provide scholarships on the basis of the research work they have done in the relevant field. 

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Business and Management courses in the UK: Work Life 

After completing your studies, the colleges provide you with placements that will help you boom your career. The salary for freshmen who have finished their MBA is around £45,000. Universities like Cambridge, Imperial, and Oxford provide an annual wage of £92,500, £90,000, and £73,000, respectively. Whether you want to be an audit manager, a data scientist, or a marketing manager, the universities will provide you with the best set of placements for your dream job. 

How does Admissfy help you in all this?

Here at Admissify, we make sure that you get all the help that you can. From helping you with the selection of the University to providing you with accommodation. If you are confused with your decisions, we have the best professional counselors to help you. Over the years, our counselors have helped numerous students in simplifying their decisions and excelling in their educative life as well as their working life. Let us worry so that you can focus on your studies.  

As part of our effort to help you succeed in exams like the GMAT, GRE, IELTS, and TOEFL without jeopardizing your future academic endeavors, we also offer you a variety of coaching programmes for these tests. You won’t need to worry about anything because Admissify can help you with a variety of loans, including private and personal loans as well as scholarships.

Do not be concerned if your education is completed but you do not have a work visa since we have your back. You can apply for a work visa with us and begin working immediately.

Conclusion

Pursuing a degree in Business & Management in the United Kingdom has various benefits, including access to world-class universities, a varied selection of specializations, and a dynamic business ecosystem. Eligibility requirements frequently include a bachelor’s degree, employment experience, and English language fluency. Researching universities, meeting standards, submitting documentation, and acquiring a student visa are all part of the admissions process. While living in the UK can be expensive, scholarships are available for deserving students. MBA graduates get access to lucrative job prospects and starting salaries after graduation. Admissify offers comprehensive assistance throughout the application process, including institution selection, housing, exam preparation, financing, scholarships, and work permits.

FAQ’s

Why should I choose the UK for my Master’s in Business and Management? 

The UK offers top-ranked universities, a diverse range of specializations, and a thriving business ecosystem, providing an excellent environment for your career growth.

What are the eligibility criteria for an MBA in the UK? 

Eligibility typically includes a bachelor’s degree in a relevant discipline, GMAT/GRE scores (varies by institution), English language proficiency, and two to five years of work experience.

How do I apply for an MBA program in the UK? 

Research the universities and their requirements, prepare the necessary documents (GMAT, GRE, IELTS/TOEFL scores), complete the online application, await the university’s decision, and apply for a student visa if accepted.

What is the cost of living and studying in the UK for an MBA?

The cost varies depending on the university and location. Tuition fees range from £31,450 to £87,900, and monthly accommodation costs can range from £400 to £1200 (private rental vs. university-provided).

Are there scholarships available for MBA students in the UK?

Yes, many universities offer scholarships based on academic excellence, GMAT/GRE scores, and work experience. Some scholarships are specific to research work or aimed at promoting diversity.

What is the scope of Business and Management courses in the UK? 

The UK offers renowned courses that add value to your resume and career. Specializations in accounting, finance, marketing, HR, and consulting have excellent prospects.

What are the job prospects after completing an MBA in the UK? 

After completing your studies, UK colleges provide placements with attractive starting salaries. Graduates can secure positions in various industries, including finance, consulting, marketing, and more.

How does Admissify assist students in their educational journey?

Admissify helps with university selection, accommodation, counseling, exam preparation (GMAT, GRE, IELTS, and TOEFL), and financial assistance, including loans and scholarships.

Can international students work in the UK after completing their MBA? 

Yes, international students can apply for a work visa after completing their studies to work in the UK. Admissify can assist with the work visa application process.

Is it necessary to have work experience to pursue an MBA in the UK?

Work experience is often preferred but not always mandatory. Some universities may consider exceptional candidates without work experience, especially if they have strong academic backgrounds.

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Avinash Singh is a study abroad consultant with over 10 years of experience helping students achieve their academic goals. He is an expert in the US, Australian, German, and Canadian education systems and has helped hundreds of students secure admission to top universities around the world. In his spare time, Avinash enjoys traveling, hiking, and spending time with his family. He is also an avid reader and loves to learn new things.

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