The United Kingdom is one of the most popular countries to complete an MBA, where world-class teaching and cutting-edge campuses provide students with an unmatchable educational experience. The UK is home to the second-oldest university in the world (the University of Oxford), which together with the University of Cambridge, is considered one of the best on the globe. Whether you’re attracted by the historical splendor of Oxford or Cambridge, the vibrancy of London, or the student-centric city of Manchester, the various cities throughout the UK have something for everyone.
Studying in the UK has never been more popular, with almost half a million international students currently. While it is unlikely that they were attracted to the UK because of its notoriously unpredictable climate, the country’s wealth of highly prestigious and historic universities continue to draw talented individuals from around the world – no matter how often it rains! It’s also one of only two English-speaking countries in Europe (the other being neighboring Ireland), which partially explains why students from outside the EU make up almost 80% of its international student population.
Postgraduate degrees for international (non-EU) students range from GBP£10,000 to £30,000 per year. Students from the UK and the EU can expect to pay anything from GBP£8,000 to £20,000 for their master’s degree. The United Kingdom has a relatively high cost of living. International students should budget at least GBP£660 (US$820) per month, excluding rent. To do an MBA in the United Kingdom, international students must provide proof of funds. If you are going to study in London, you are required to have GBP£1,334 per month. For other cities, GBP£1,023 per month is required.
Most international students need a visa to do an MBA in the UK. Student visa applications are open up to six months before the start of your program. To apply for your visa, you need to have an offer from your university in the form of a Confirmation of Acceptance of Studies (CAS), as well as the ability to pay the visa application fee of GBP£363 (US$455). You will also need to pay a fee called the Immigration Health Surcharge in the amount of GBP£470 (US$590) per year. This gives you access to the UK’s National Health Service (NHS).
The UK has a strong job market with consistently low unemployment rates and an average postgrad salary of GBP£40,000. The pharmaceutical, financial services, and aerospace industries are all important contributors to the UK’s sixth-highest GDP in the world. Post-graduation, international students can benefit from two years of work experience in the UK through the new Graduate Route.
The UK has the highest number of international students of any European country, with the figure standing at 485,000.
Want to know what it is really like to do be an MBA student? Do you have a specific question about a graduate school or MBA program, or would you like to know what life is like at your selected study destination? Get in touch with these student ambassadors, who will be happy to share their insights and real experiences with you.