Two-Year MBA Programs in UK

With over 395 universities, the United Kingdom is the world’s second-largest educational centre and a paradise for international students seeking world-class education. MBA in the United Kingdom is one of the most prestigious and sought-after programs in the world. Its universities offer a wide range of MBA specializations like Supply Chain Management, International Business, and Entrepreneurship for a duration of one to two years. Here are some of the best two-year MBA programs in the UK.

All About Joint Honours Degrees in the UK

Why Pursue an MBA in the UK?

The United Kingdom has one of the world’s most developed economies. Universities are designed with the goal of providing students with the necessary skills and knowledge in a specific field. When it comes to choosing the UK for higher education, there are a number of key factors that make it an excellent choice, particularly for a master’s degree in business and administration. Here are some of the key factors that make the United Kingdom a desirable place to pursue an MBA:

• Excellent Education: MBA programs at UK universities combine theoretical and practical learning to provide students with essential skills and knowledge. Students benefit from constant lectures and workshops from renowned business leaders, allowing them to learn from experienced professionals and broaden their exposure and knowledge of a specific industry.
• Industry Connections: One of the most significant benefits of pursuing an MBA in the UK is the opportunity to meet leading industry experts and professionals at university-organized conferences, events, and lectures.
• Scholarships: Studying for an MBA in a foreign country has a number of financial implications. Scholarships are available at a number of universities in the United Kingdom.

Difference Between September and January Intakes in the UK

Why Choose A Two-Year MBA Program in the UK?

• Traditional format students are said to have a richer college experience. You can stay in the academic environment for longer periods of time, which allows you to interact with your peers and professors more.
• Although knowledge and understanding can be gained quickly, developing competence takes time. To gain in-depth knowledge, you must devote time to digesting and integrating information. You must read, apply the material, create presentations, study, write exams, and apply the material in real-world situations.
• Two-year students concentrate on their studies with few distractions and begin by looking at the big picture. It means you’ll be an excellent candidate for management fast-track programs, entry-level consulting positions, or any other graduate-level position in the business.
• The two-year format is less intense than the one-year format, and it includes a wider range of electives, placements, and study trips, allowing you to focus more precisely on your studies.

Must Read: Is It Possible to Study MBA Below 20000 GBP?

Eligibility Requirements

The general eligibility criteria for most business schools for pursuing a two-year MBA degree in the UK are summarised below:

Academic Requirements	A UG degree with 2:1 qualification equivalent to 50-60% (some schools may ask for higher scores)
GMAT Score	Required for most schools 600+ (minimum)
Work Experience	Not always mandatory, but preferred 2 years (minimum)5 to 6 years (average for 2019 class of various B-schools)
Language Proficiency	IELTS: 6.5+TOEFL: 95+
Resume	Copy of an updated CV
LOR	1 to 3 Preferably professional or from a supervisor in case only 1 LOR is required, academic LOR is not accepted.
Essay	500 words personal statement/SOP covering questions like short & long-term career goals, how will MBA equip you for the future, describing one teamwork experience, and why you chose the program.
Visa	A student visa allows you to study in the United Kingdom.
Funds	Proof of being able to finance your program

Must Read: How to Pursue MPhil in the UK?

Top Universities For Two-Year MBA Programs In The UK

Here are the top three Universities for a two-year MBA program in the UK. Check the details below:

London Business School

This university, founded in 1964, has always believed in the motto “Diverse minds, powerfully charged.” The MBA program at London Business School is designed to introduce students to the dynamic global business environment. The faculty believes it is a course guide that can completely transform the learning experience. The program also allows students to tailor credits to their specific needs. The following are the fundamentals of the admissions process.

• Application fee: £200(17,262 INR)
• GPA of 3.5 or above
• GMAT score of 701 or above
• Proof of English language proficiency: TOEFL-100; IELTS-7
• Application essays: 2 essays within 500 words
• One-page updated CV
• A minimum of two letters of recommendation is required (either professor or supervisor)
• Minimum 2 years of work experience.

Alliance Manchester Business School 

MBA programs at Alliance Manchester Business School were established in 1965 and are available for study for 12,15, or 18 months. In terms of connecting alumni networks, the university provides proper career support to all of its international students. The Alliance Manchester Business School admissions process necessitates

• Application fee: £60(5,178 INR)
• GMAT: 600+ (Average)
• GRE: 160(Quantitative) & 160(Verbal)
• Proof of English language proficiency: TOEFL – 90 (with a minimum score of 20 in reading, writing, listening, and speaking) or IELTS – 6.5 (with a minimum of 6 on each band)
• Admission Essay: Written on one A4 page (Total 4 questions)
• Reference: Minimum of 2 references
• Online Video Assessment: Video of 20-30 minutes made by the applicant to introduce their own self to the MBA class
• Resume: Not more than 2 pages in length
• Work Experience: Minimum of 3 years
• Soft skills preferences: Good coordination among team members, outstanding communication skills, energetic, enthusiastic, ambitious

Anglia Ruskin University (ARU) – UK

Established in 1858, Anglia Ruskin University (ARU) – UK offers a 12,16,20, or 21-month study program with placement. All of the university’s overseas students receive suitable career support in terms of linking alumni networks. The Anglia Ruskin University (ARU) admissions process in the United Kingdom necessitates

• Application fee: £100(8,631 INR)
• GMAT: 600+ (Average)
• Proof of English language proficiency: TOEFL – 88 (with a minimum score of 20 in reading, writing, listening, and speaking) or IELTS – 6.5 (with a minimum of 5.5 on each band)
• Application essays: 2 essays within 500 words
• One-page updated CV
• Minimum of 2 letters of recommendation (either professor or supervisor)
• Minimum 2 years of work experience

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Cost of Studying in the UK

• MBA programmes in the United Kingdom for international students last 12 to 21 months and cost between £31,000 (INR 31.07 Lakh) and £88,000 (INR 88.22 Lakh).
• The two-year MBA programme is projected to cost $105,610 (INR 87.00 Lakh) per year. Therefore the total cost of the two-year MBA programme in the United Kingdom is $200,000 (INR 1.64 Cr).
• That is a much larger investment, but the return on investment is far greater.

Scholarships for Two-Year MBA in the UK 

International students will face a significant financial burden if they choose to pursue an MBA in the United Kingdom. Despite the increased tuition expenses, many choose this program because of its internationally recognized degree. Graduates can work anywhere in the world after earning a degree. International organizations provide financial assistance to international students pursuing postgraduate degrees in the United Kingdom. The following are some of the available MBA scholarships in the United Kingdom, along with their advantages.

• Commonwealth Masters Scholarships– Travel grant, tuition fees (partial), basic expenses
• Commonwealth Fellowship Plan– full tuition fee
• Global Study Awards– £10,000 (863,100 INR)
• Inlaks Scholarships– tuition fees
• Chevening Scholarships-tuition fees, monthly stipend, travel cost, cost of visa application
• Great Scholarship– Full tuition fees

Must Read: How to Pursue MRes in the UK?

Jobs and Salary

Some of the best jobs in the UK for people with an MBA are listed here.

Job Role	Average Salary (GBP/per month)
Financial Analyst	24,000 (INR 24.06 Lakh)
HR Officer	32,800 (INR 32.88 Lakh)
Product Specialist	39,000 (INR 39.10 Lakh)
Marketing and Sales Graduate	30,000 (INR 30.07 Lakh)
Business Development Executive	27,000 (INR 27.06 Lakh)
Research Analyst	30,000 (INR 30.07 Lakh)
Commercial Manager	45,000 (INR 45.11 Lakh)

Future Scope after 2-year MBA in the UK

Obtaining an MBA from a UK university is a sure way to success. MBA degrees from UK universities are highly valued in the job market. It serves as a lead magnet for employers all over the world. In the United Kingdom, there are over 6 million business entities with excellent potential for MBA graduates.

Top Recruiters

Here are the top recruiters after a 2-year MBA program in the UK. Check them out:

• Santander
• Oliver Wyman
• Accenture
• Barclays
• HSBC Bank
• JP Morgan Chase
• E&Y
• Lloyds Banking Group
• Roland Berger

Must Read: How to Defer Admission in the UK?

FAQs

Want to pursue two-year MBA programs in the United Kingdom? Then contact our Leverage Edu experts on 1800 572 000 and get all your queries about the study abroad programs and destinations sorted out.