MBA in London is a 1-2 year full-time program offered on part-time basis as well in some universities. MBA in London is offered as an MBA as well as an Executive MBA. The minimum admission requirement for MBA in London is A 3-4 year Bachelor degree with a aggregate of 60%-65% and a minimum 3 years of work experience for an MBA degree and 10-12 Year of work experience is required for Executive MBA with a IELTS score of 7.0 or above or an equivalent TOEFL score of 100+ and a GMAt score of 600 or above.
The estimated total tuition fees stated by top business schools in UK for pursuing MBA in Lindon is 30,000 GBP- 120,000 GBP (30 Lakh-1.2 Cr. INR). After completing the graduate degree of MBA in London the students can get jobs at companies like Amazon, Citibank, Financial Conduct Authority, Paribas, Santander and work as a Business development manager, Financial Analyst, CRM Manager, HR Manager and earn an annual average salary ranging from 35,000 GBP to 50,000 GBP which is equivalent to 35-50 Lakh INR
MBA in London: Course Highlights
| Program | MBA |
| Program Type | Full-time | Part-time |
| Program Duration | 1-2 years |
| Eligibility Criteria | A 3-4 year Bachelor degree with a aggregate of 60%-65% and a minimum 3 years of work experience |
| English Proficiency Requirements | IELTS: 7.0 or above | TOEFL: 100+ |
| GMAT | 600+ |
| Tuition Fee Range | 30,000 GBP- 120,000 GBP (30 Lakh-1.2 Cr. INR) |
| Average Salary | 35,000 GBP to 50,000 GBP (35-50 Lakh INR) |
| Top Employers | Amazon, CitiBank, Financial Conduct Authority, Paribas, Santander |
|
Table of Contents |
MBA in London: Top Universities
MBA in London is known for its global recognition and popularity. Along with academic excellence, MBA colleges in London provide exposure, technical advancements and research opportunities as well. The city has over 25 colleges for business programs. Following are considered the best MBA colleges in London.
| University | Program | Duration of the Program | Deadlines | Total Tuition Fees (GBP) |
|---|---|---|---|---|
| London Business School | Full-time MBA | 15-21 Months | 27 March 2023 | 109,700 |
| Executive MBA | 20 Months | Deadline 2: 23 March 2023 Deadline 3: 4 May 2023 Deadline 4: 1 June 2023 Deadline 5: 9 July 2023 | 119,900 | |
| Imperial Business School | Full-time MBA | 15-21 Months | 20 March 2023 | 61,500 |
| City University of London (City’s Business School) | Full-time MBA | 12 Months | Round 5: 26 March 2023 Round 6: 7 May 2023 Round 7: 18 June 2023 | 48,000 |
| Executive MBA | 24 Months | Round 3: 23 April 2023 Round 4: 4 June 2023 Round 5: 16 July 2023 | 53,000 | |
| Brunel University (Brunel Business School) | MBA | 12 Months | Rolling Basis | 27,500 |
| University of Chicago (Booth Business School) | Full-time MBA | 21 Months | 11 April 2023 | 155,682 |
| University of Westminster | Full-time MBA | 12 Months | 1 May 2023 | 19,000 |
Also Read: LBS MBA Application Process
Why study MBA in London?
- According to QS Global MBA Rankings 2023, four of the universities offering MBA in London ranks under the first 200 universities, London Business School on 5, Imperial Business School on 21, City’s Business School on 95, Brunel Business School 151.
- London is a major financial center and home to the headquarters of many multinational companies. This provides MBA students with access to networking opportunities, internships, and potential job opportunities.
- According to QS Top MBA Rankings 2023, London Business School is ranked as the 5th best business school in Europe with an average post-MBA salary of $131,554. Moreover, MBA graduates from Cass Business School reported a 49% increase in their pre-MBA salary and an average post-MBA salary of $97,358.
- London's unemployment rate was 4.5 percent in the three months to January 2023, compared with five percent a year earlier which gives the graduates of MBA in London good employment opportunities.
MBA in London: Admission
In London, getting accepted into a Master in Laws (LLM) program can be incredibly challenging since many universities receive numerous applications from students all over the world. Depending on the institution and the particular school, the MBA requirements in UK typically include academic credentials, English language proficiency, work experience, a personal statement, and references. In the section below the detailed admission requirements for top universities offering MBA in London are given.
MBA in London: Eligibility Criteria
Getting admission in the graduate program of MBA in London is not an easy task, you’ll have to fulfill the basic requirements for admission set by the top universities. Even though there are specific requirements for every university, there are some common requirements for all the universities such as academic requirements, English language proficiency requirement and additional document requirements.
- Academic Degree- A 3-4 year Bachelor degree with an aggregate of 60%-65% and a minimum 3 years of work experience.
- GMAT Score- Most of the universities require a good GMAT score, preferably 600 or above.
- English Proficiency Test Score- IELTS: 7.0 or above, TOEFL: 100+
- Statement of Purpose(SOP)- Applicants are usually required to submit a 1000-1500 word personal statement outlining their academic and professional background, their reasons for applying to the program, and their career aspirations.
- Letters of Recommendation(LOR)- Applicants are usually required to provide at least 2-3 academic or professional references.
- Experience- A minimum of 3 years of professional work experience is required for an MBA and a minimum of 10 years of work experience is required for an Executive MBA.
MBA in London: Admission Requirements
The following table displays the specific admission requirements set by the top universities in london for being eligible to pursue the graduate degree of MBA in London:
| University | Academic Requirement | GMAT score | IELTS Score | Additional Documents |
|---|---|---|---|---|
| London Business School | Undergraduate degree in any field with a work experience of 3-5 years for MBA. 10-12 Year of work experience is required for Executive MBA | 600 | 7.5 or above | SOP, LOR, Transcript(s), Resume |
| Imperial Business School | A 3-4 year Bachelor degree with a aggregate of 60%-65% and a minimum 3 years of work experience | 600 | 7.0 or above | SOP, 2 LOR, Transcript(s), Resume, Video assessment (about your career goals) |
| City University of London (Bayes Business School) | A 3-4 year Bachelor degree with an aggregate of 65%-70%. Alternatively, at least six years' relevant business experience if you do not have a degree. | 600 | 7.0 or above | SOP, 2 LOR (professional references), Transcript(s), Resume, |
| Brunel University (Brunel Business School) | A 3-4 year Bachelor degree with a minimum score of 55%-75% and a minimum of three years' full time work experience at managerial or professional level in managing people, budget or other resources following a degree | Not Required | 6.5 or above | SOP, 2 LOR, Transcript(s), Resume |
| University of Chicago (Booth Business School) | A 3-4 year Bachelor degree with an aggregate of 65%-70% with additional work experience | A good GMAT score is required | 7.0 or above | SOP, 2 LOR, Transcript(s), Resume |
| University of Westminster | A 3-4 year Bachelor degree with an aggregate of 65%-70% | Not required | 6.5 or above | SOP, LOR, Transcript(s), Resume |
Also Read: MBA in UK without GMAT
MBA in London: Cost of study
The overall cost involved in studying abroad begins when you are still in your home country. Various expenses like application fees, student visa fee, and more are encountered when you are still making arrangements to study in London. As soon as you are accepted by a university, expenses like tuition fees and cost of living in London follow. The United Kingdom is one of the most pursued and sought out countries in the world for international students. The cost of study in UK will include the cost of living and the tuition fees a student is paying for an MBA in London.
MBA in London: Tuition Fees
The estimated total tuition fees for pursuing MBA in London is 30,000 GBP- 120,000 GBP (30 Lakh- 1.20 Cr. INR). The following table shows the tuition fees stated by top universities offering MBA in London:
| University | Total Tuition Fees (GBP) | Fee for Indian Students (INR) |
|---|---|---|
| London Business School | 109,700 | 1.10 Cr. |
| Imperial Business School | 61,500 | 62.12 Lakh |
| City University of London (City’s Business School) | 48,000 | 48.48 Lakh |
| Brunel University (Brunel Business School) | 27,500 | 27.77 Lakh |
| University of Chicago (Booth Business School) | 155,682 | 1.57 Cr. |
| University of Westminster | 19,000 | 19.19 Lakh |
Cost of living in London
London is one of the most expensive yet sought-after study-abroad locations for international students. The average monthly cost of living in London for international students ranges from 850 to 1,350 GBP (85,000 to 1.35 lakhs INR) (excluding tuition fees).
| Expense Type | Average Annual Expense (GBP) | Cost for Indian Students (INR) |
|---|---|---|
| Rent | 1,081 | 1.07 lakhs |
| Utilities | 255 | 25,437 |
| Travel | 122 | 12,170 |
| Food & Drink | 214 | 21,347 |
| Entertainment | 326 | 32,520 |
MBA in London: Scholarships
If you are planning to study in London for a MBA degree you should know that it can become heavy on your pocket. For that reason London universities provide different scholarships in UK for international students to lighten their burden. Following are some of the scholarships offered to international students who are applying for MBA in UK.
| Scholarship | Awarded by (private/government/university) | Eligibility | Award Value |
|---|---|---|---|
| iSchoolConnect Scholarship | London Business School | Enrolled in any of the program at the university | Variable |
| MBA Scholarships (Full-time Part-time) 2023/24 | Brunel University | Be in receipt of an offer to study on a full-time MBA at Brunel University | 6,000 GBP tuition fee waiver for one year only |
| McKinsey & Company Emerging Scholars | University of Chicago (McKinsey) | Candidates need to be admitted to a full-time MBA program at an eligible school | Variable |
| Ramakrishnan Family Scholarship | Ramakrishnan Family Endowment | Preference to candidates who are Indian nationals | Variable |
| International Postgraduate Part Fee Scholarship | University of Westminster | You must hold an offer for a full-time Master's course starting in September 2023 at the University of Westminster. Applicants must have the minimum equivalent of a UK First–Class Honours degree. | 3,000 GBP Tuition Fee Award paid directly to the University towards your tuition fees in your first semester. |
Explore: Bayes Business School Scholarships
MBA in London: Job Opportunities
After completing the graduate degree of MBA in London the students can get jobs at companies like Amazon, Citibank, Financial Conduct Authority, Paribas, Santander and work as a Business development manager, Financial Analyst, CRM Manager, HR Manager and earn an annual average salary ranging from 35,000 GBP to 50,000 GBP which is equivalent to 35-50 Lakh INR.
| Profession | Average Salary (GBP) | Salary for Indian Student (INR) |
|---|---|---|
| Business Development Manager | 36,001 | 36.44 Lakh |
| Financial Analyst | 34,227 | 34.65 Lakh |
| CRM Manager | 38,882 | 39.36 Lakh |
| Management Consultant | 50,488 | 51.11 Lakh |
| Digital Marketing Manager | 34,509 | 34.93 Lakh |
Explore: Booth School of Business Placements
In conclusion, studying an MBA in London can be a great choice for several reasons. London is a global business hub, a diverse and multicultural city, and has highly ranked business schools that offer high-quality MBA programs recognized globally. Additionally, post-MBA salary prospects are promising, and there are entrepreneurial opportunities available in the thriving start-up ecosystem. According to statistical data from QS Top MBA Rankings 2023, London is one of the top cities in the world for MBA studies, and London Business School is one of the best business schools globally. Therefore, an MBA in London can provide students with a valuable and enriching experience that can benefit their career prospects in the long term.
Explore: Jobs in UK after MBA
FAQs
Ques. How much does it cost to do an MBA in London?
Ans.The estimated total tuition fees stated by top business schools in UK for pursuing MBA in Lindon is 30,000 GBP- 120,000 GBP (30 Lakh-1.2 Cr. INR). The average monthly cost of living in London for international students ranges from 850 to 1,350 GBP (85,000 to 1.35 lakhs INR) (excluding tuition fees).
Ques.Why pursue an MBA in London?
Ans.London is one of the most prominent business centers in the world, and pursuing an MBA in London gives students access to a vast network of international businesses and opportunities. London is also home to some of the world's top-ranked business schools, making it an attractive destination for students seeking a high-quality MBA education.
Ques.What are the admission requirements for MBA programs in London?
Ans.The minimum admission requirement for MBA in London is A 3-4 year Bachelor degree with a aggregate of 60%-65% and a minimum 3 years of work experience for an MBA degree and 10-12 Year of work experience is required for Executive MBA with a IELTS score of 7.0 or above or an equivalent TOEFL score of 100+ and a GMAt score of 600 or above.
Ques.Can international students pursue an MBA in London?
Ans.Yes, international students are welcome to pursue an MBA in London. However, they may need to fulfill additional requirements, such as obtaining a student visa and demonstrating English language proficiency.
Ques.What career opportunities are available after completing an MBA in London?
Ans. Completing an MBA in London can lead to a wide range of career opportunities, including roles in finance, consulting, marketing, and management. Graduates may also pursue entrepreneurship and start their own businesses. After completing the graduate degree of MBA in London the students can get jobs at companies like Amazon, Citibank, Financial Conduct Authority, Paribas, Santander and work as a Business development manager, Financial Analyst, CRM Manager, HR Manager and earn an annual average salary ranging from 35,000 GBP to 50,000 GBP which is equivalent to 35-50 Lakh INR.
Comments