Are you planning to study in the UK to embark on your journey of pursuing a master’s in business administration? Well, it might as well turn out to be the best decision with respect to your career. The success stories of international students emerging from top universities in the UK are stellar, to say the least. As we discuss the UK, names like LSE, Oxford, UCL and Imperial College London begin to pop up in our minds. Such is the academic heritage of the United Kingdom that attracts international students from all over the world. Some of the top ranked universities in the world stand tall with prestige in the United Kingdom. The list is almost endless!
Speaking of master’s in business administration, the UK has some of the best business schools in the world. London Business School, Imperial College Business School, and Warwick Business School are only to name a few. Let me tell you an insightful fact! The average salary of a London School of Business MBA graduate is 99,000 GBP per annum. That’s a whopping 1.05 cr if we look at it in terms of the Indian currency. So, you find the first reason to pursue a master’s in business administration from the UK right here!
However, there’s certainly more to it! Let us further delve into the reasons why you should consider pursuing a master’s in business administration from the UK. So, let’s get started!
UK for Master’s in Business Administration: 5 Reasons Why
1. A Broad Spectrum of Top Business Schools
As mentioned above, the UK has a wide range of top notch business schools to choose from. You can choose subject to your budget, location preferences and other relevant factors. While London has some of the most prestigious business schools, it also happens to be one of the most expensive cities in the world.
However, the good thing is that you will also find some highly ranked business schools outside London. Cardiff Business School, Birmingham Business Schools and Leeds University Business School are to name a few.
All of these business schools offer high quality education with enormous exposure making students job ready.
2. Duration of MBA Courses
In India, MBA courses are typically for 2 years while in the UK, the duration is much less. A large number of universities across the UK offer 1 year MBA programs that entail intensive learning, internships and experiential learning.
In the UK, you will find MBA programs ranging from a duration of 12 months to 24 months. For instance, the London Business School lets students choose between 15, 18 and 21 months of duration for an MBA.
So, you acquire your MBA degree from the UK much earlier than in India. Moreover, the 1 year MBA from a top business school in the UK may be more worthwhile than a 2 year MBA from an Indian institution.
Also, in North American nations, most MBA programs are for two years. Now, let’s say you are to choose between pursuing an MBA from the UK and Canada. Because of the course duration, you will pay lesser tuition fees for an MBA in the UK than in Canada. That makes sense, right?
3. Attractive Scholarships
Yes, it’s true that the UK may not be as generous with scholarships as the North American countries. However, the UK does offer some considerable scholarships to international MBA students.
Quite a few Russel Group universities offer scholarships for MBA programs. For instance, The Durham MBA Scholarships support students from all over the world to overcome financial barriers.
Besides, there are quite a few third party scholarships also that international students can apply to. Needless to say, the benefits of studying abroad are reaped the best when you have a scholarship.
4. High Employability Rates After MBA
In India, we are literally obsessed with the world placements, isn’t it? More than the course curriculum, we are interested in the placement record of an institution. Frankly, speaking, there is nothing wrong with this obsession. Of course, the end goal of higher education is employability.
Speaking of pursuing an MBA from the UK, the high employability rates should definitely attract you. Both employability rates and average salary packages associated with UK universities are attractive. For instance, the employability rate of London Business School for MBA graduates is more than 90 percent. For most top business schools in the UK, the employability rate is around 80 to 90 percent.
5. Enormous Networking and Industrial Exposure
Although MBA programs in the UK are for shorter duration, it does not mean they are any less intensive. MBA programs in the UK are designed in a manner that maximize networking opportunities and industrial exposure for students.
Pursuing an MBA from the UK, you may have strong networks and industrial connections before your course even concludes. This of course will be critical to your employability after graduating from your university.
There’s nothing more powerful than having a strong network of like minded people across the industry. So, all in all, MBA programs in the UK are not heavy on theory. They are more practical in nature and have enough room for exposure of various forms. Moreover, having an MBA degree from London Business School, Warwick Business School and so on is to brag for life. This tag will always open new doors for you which others may rather find closed.
To encapsulate, studying at a prestigious UK university is a dream every teenager would want to embrace. The United Kingdom is the pivot of global education and the affluent academic heritage the world holds. Doing an MBA from the United Kingdom will certainly be a matter of pride for any individual. More than the pride, it is the return on investment that comes with it and that is certainly high. Lastly, given the multicultural environment of the UK, navigating cultural challenges will not be much of a challenge for Indian students.
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