MBA in UK Why?
UK business education is deservedly considered one of the best in the world. According to the Financial Times magazine, 8 of the top 50 business schools in the world operate in the UK.
An MBA in London is progressive educational methods, an extensive theoretical base and invaluable first-hand experience of the most successful entrepreneurs in the world.
Many students of MBA programs in England, immediately after graduation, occupy high positions in large corporations, and the salary growth of graduates sometimes reaches 100%. For INDIAN students, an MBA in the UK is the best way to learn from the managerial experience of foreign colleagues.
Features of studying for MBA programs in England
MBA education in the UK is based on the American model. The program includes theoretical and practical classes. The theoretical part of the training consists of about a dozen basic subjects – accounting, marketing, finance, and several elective disciplines – anti-crisis management and personnel policy. Practical classes include discussions, business games and case studies – an analysis of real situations faced by business representatives. Many schools send students during their studies for internships in large British or international companies. The course ends with the defense of the attestation work.
The duration of an MBA program in England is usually 1-2 years. Each school sets its own deadlines.
Types of MBA programs in England
British business schools usually offer the following forms of education: full-time (Full-time MBA), part-time (Part-time MBA), part-time, it is also remote (Distance MBA).
Within the framework of Full-time MBA programs are divided into general and special, aimed at training managers in a particular field of activity (hospitality, healthcare, public administration, etc.).
In addition, English business schools teach a program for managers with extensive work experience – the Executive MBA.
The list of requirements for applying for an MBA in the UK varies from school to school. Typically, business schools accept only those applicants who have at least two years of experience in a managerial position.
Also, for admission to the MBA in England, you must submit the following documents:
- Diploma of Higher Education;
- TOEFL or IELTS language test results;
- GMAT test results (Graduate Management Admissions Test);
- Letters of recommendation (from the employer and teachers from the previous place of study);
- Essay/motivation letter and resume.
The cost of obtaining an MBA in England
Business education costs in the UK depend on what form of study and course (general/special) you choose. Traditionally, correspondence programs are the cheapest, the most expensive programs for top managers with extensive work experience. In addition, the status of a business school plays an important role in pricing – the more prestigious the educational institution, the higher the price.
As a rule, a Full-time MBA course lasting about a year will cost no less than £15,000 – 20,000.