An MBA Finance in UK concentration is the ideal degree for students. Students from a variety of academic backgrounds are drawn to the UK’s varied MBA in finance program, which supports the growth of an essential knowledge of financial concepts, procedures, and risk control.

 

The UK has various opportunities linked to finance and is home to some of the top finance schools in the world. The financial services sector itself employs over thirty percent of graduates in the UK. 

 

Read the blog, to know more about MBA in finance UK with its available courses, eligibility, and requirements.

 

What is an MBA Finance?

 

An MBA in Finance is a master’s degree with a finance concentration. The program of study often begins with basic classes in a range of business subjects, just like other MBA programs. As the student progresses through the MBA main program, they begin taking courses for their financial concentration.

 

In the UK, an MBA in Finance course is of one-year postgraduate program that combined with budgeting, analytics, and finance. Along with preparing and reviewing financial data and economic trends, the curriculum aims to educate students how to manage and optimize investment portfolios, balance risk and profitability, and make money with stocks.

 

Why Study Finance MBA in the UK?

Here are some reasons to think about pursuing an MBA finance in UK:

 

 

   

1. Course of Length:

The MBA program in UK is affordable because it can be finished in a single year. While other master’s degree programs typically last two years.

 

    2. Top-notch Education:

UK institutions are well-known for offering world-class education and are among the best in the world. 28 business schools from the UK were included in the QS Global MBA rankings. 11 of these schools were placed in the top 100 categories.

 

    3. Affordable Education:

Despite of high cost of living in the UK, education is reasonably priced. When compared to private universities, the tuition costs for public universities are affordable. Additionally, students receive financial assistance in the form of scholarships from colleges/universities.

 

    4. Simple Admissions Process:

For overseas students, the UK offers a clear, uncomplicated admissions procedure. Students can finish their application online, send scanned copies of the required paperwork, show up for the interview, and then wait for the result.

 

     5. Job Opportunities:

UK is the center of business and finance, home to leading organizations that are willing to spend dollars to hire top people from prestigious universities, like Google, ITC, Amazon, Accenture, IBM, PwC, Microsoft, Deloitte, and others.

 

 Best Universities for MBA Finance in UK:

 

In the UK, finance is a common specialization for MBA. Check out the required information about the best UK colleges offering MBAs in finance:

Universities

London Business School

University of Oxford

The London School of Economics & Political

University of Manchester

Imperial College London

University of Warwick

The university of Edinburgh

UCL

The University of Glasgow

Arden University

 

Also Read: Upcoming intakes in UK for 2024-2025.

 

 Eligibility Criteria for MBA Finance in UK:

While each university has its own standards for admission, the following are some of them:

 

   1. A bachelor’s degree:

 Verify the international equivalent of educational system’s academic requirements for admission to the university. To apply for an MBA in finance at UK universities, students must have a valid bachelor’s degree with 60-70 CGPA from an accredited university.

 

   2. Evidence of Language Proficiency in English:

 If English is not native tongue, applicant will need to provide the necessary proof of their language skills to be accepted. To get admitted to business schools, applicants must have an IELTS score of 6.5 or higher.

 

    3. GMAT:

When it comes to business degree programs, the GMAT score is the one that is most accepted globally. To be considered for the top colleges in the UK for an MBA in finance, students should aim for a GMAT score of 600 or above.

 

    4. Experience at Work:

A competitive program such as the MBA might benefit greatly from the inclusion of work experience. Candidates with job experience are preferred by some of the best universities in the UK, including London Business School, University of Birmingham, and more

 

Qualifications for a Visa:

Applicant must visit the UK Embassy in their home country and follow the regular procedure to apply for a Tier 4 visa to study in the UK. Apply three months prior to the program start date is advised.

 

Documents Required for MBA Finance in UK:

The following documents is needed to apply for a MBA finance in UK:

  1. A duplicate of transcripts from university

  2. Official translations of non-English-issued papers.

  3. Evidence of Language Proficiency in English

  4. Essay for application

  5. Revised Resume/CV

  6. Employment History

  7. Passport

  8. Proof of adequate finances

Applying for the program is the next step after learning the requirements.

 

Admission Process for MBA Finance:

 

Let’s look at the admissions procedure first before finding out which UK colleges provide the best MBA programs in finance.

 

1. Check the deadlines for applications and available intakes for the program by visiting the university’s website. In the UK, university applications are typically opened twice a year for semesters beginning in January and September.
2. Fill up the application online and send in the required application fee.
3. As advised by the university, prepare the documents needed for admission and submit them. Verify the specifications for the assessment or translation of academic papers.
4. Await the admissions decision after submitting the application.Student can monitor the progress of the application in the meantime.

 

 Scholarships for MBA Finance in UK:

 

The following are a few well-known scholarships available to international students in the UK to assist with the high expense of attending there:

 

Scholarships

The Kellogg Scholarship

Sir David Alliance Scholarship

Imperial Excellence Scholarship

Postgraduate Excellence Scholarships

International Scholarships

Commonwealth Master scholarships

University of Leeds International Scholarships

International Scholarships Award

London Business School Fund Scholarship

Dean’s Impact scholarship

 

Jobs after MBA Finance in UK:

 

An accountant or finance professional should expect to make approximately £73,100 per year. An MBA finance in UK typically pays £29,600, but with more experience, that compensation can rise to £147,000. Here are the jobs students can get after completing MBA FInance in UK:

1. HP
2. Infosys
3. Accenture
4. IBM
5. Amazon
6. Mastercard
7. Google

 

The table below lists the most common job titles and MBA finance salaries in the United Kingdom:

 

Jobs	Annual salary*
Finance Executive	105,000
Analyst	93,100
Administrator	87,400
Manager	135,000
Operational Manager	124,000
Team Leader	119,000
Project manager	104,000
Relations Manager	120,000

 

 

Finally, an MBA finance in UK provides students with a life-changing educational experience by giving them the leadership qualities, global perspective, and fundamental business knowledge they need. The UK has many respectable business schools, making it a good place to grow both personally and professionally.

 

To learn more about MBA programs offered in the UK, contact DY immigration international education specialists. They will assist you in choosing your specialization and university.

 

FAQ

 

Q1. What is the price of an MBA in finance in the UK?

Ans: The average cost for students to pursue a master’s degree in the UK as of 2024 is still between £7,000 and £36,000 (INR 7 to 36 lakhs), depending on the university, course of study, and location.

 

Q2. Do UK MBA finance graduates have decent career prospects?

Ans: After earning an MBA in finance in the UK, candidate will undoubtedly find a well-paying career. Jobs as a financial analyst, manager, executive, consultant, investment banker, etc. are likely to be offered to the individual.

 

Q3. Can someone without work experience is eligible to MBA finance UK?

Ans: Indeed, there are UK universities that admit students without prior work experience to their MBA programs in finance:

1. Swansea University
2. Northampton University
3. East London University
4. University of Coventry
5. Greenwich University
6. Central Lancashire University
7. University of Staffordshire
8. Sunderland University

Work experience, however, is advised for MBA admission and will set you apart from the competition.

 

Q4. Is an MBA from the UK recognized internationally?

Ans: Yes, an MBA from the UK is respected and well recognized throughout the world. Global viewpoints, academic, and robust alumni networks are hallmarks of UK business schools. Having a UK MBA can lead to career growth and employment prospects both domestically and internationally.

 

Q5. Does the UK offer MBA programs?

Ans: The UK is a top choice for business education, giving a rich academic atmosphere, renowned faculty, and strong industry links. It is also well-known for its outstanding MBA programs.