MBA in Finance in UK is one of the multilayered degree programs that give students multiple career opportunities. The duration of the course is 1 year in UK. MBA in Finance focuses on money management, power structures, negotiations, and investments. It deals with providing instruction for business. The tuition fees of top universities for MBA in Finance UK vary from GBP 12,000 GBP to 65,000 (INR 1,213,813.43 -6,574,822.75) per year. Candidates need to have a GPA requirement of 3.0 on a 4.0 scale to attain MBA Finance in UK. The universities require a GMAT score of 580-680 for pursuing the course. Students must have an IELTS score of 6.5-7.5 and a TOEFL score of 88-100 to attain UK universities for MBA. Graduates get hired by top companies like Deloitte, EY, Amazon etc. The average annual MBA Finance salary in UK for graduates is 60,000 GBP (INR 6,068,990.91).

MBA in Finance in UK Highlights Table

The table below highlights the salient features of how to do MBA in finance in UK. 1- year MBA in UK in Finance requirements are as follows:

Course Name MBA in Finance in UK
Course Duration 1 year
Program Types Full-Time, Part-Time
Admission requirements Bachelor’s degree, Official Transcripts, Personal Statement, 1-2 LORs, Essay Questions, Updated Resume
GPA Requirements 3.0 or above on a 4.0 scale
Work Experience 2-5 years
GMAT/GRE Scores GMAT: 580-680
GRE: 156 (Verbal), 158 (Quantitative)
English Proficiency IELTS: 6.5-7.5
TOEFL: 88-100
Annual Tuition Fee GBP 12,000-65,000 (INR 1,213,813.43 -6,574,822.75)
Average Annual Salary GBP 60,000 (INR 6,068,990.91).

GBP 1= INR 101.27, as on 14th October 2023

Why Study MBA in Finance in UK?

“Which country is best for MBA in Finance?” is the most common question of the aspirants. Candidates can consider studying in UK for MBA in Finance for the following reasons:

  • UK has an unemployment rate of 3.7% as of December 2022 which indicates abundant job opportunities in the upcoming years.
  • UK is home to many top multinational companies like Apple, Amazon, IBM, Ernst & Young etc.
  • Candidates attain various job roles like Finance Manager, Financial Controller, Senior Business Analyst etc. with a high salary package.
  • There are multiple affordable universities in UK offering MBA specializations in Finance. The tuition fees of the universities for MBA in Finance vary from GBP (INR).
  • Graduates get hired in top companies like Deloitte, EY, Amazon etc. with an average annual salary of 60,000 GBP (INR 63,01,222).

MBA in Finance in UK Areas of Specialization

What is MBA in finance is a much asked question by aspirants seeking Executive MBA in UK. The areas of specialization for MBA in Finance in UK are as follows:

  • Financial Decision Making in a Multinational Corporation: It is a process of making financial decisions by multinational companies for risk handling.
  • Digital Enterprise and Innovation: A business that deals with creating technological innovations to meet a competitive advantage.
  • Marketing Management: focus on executing, planning and handling the marketing aspects and strategies of a company.
  • Strategic Management: A process of management and planning in order to make an organization reach its competitive goal.
  • Human Resource Management: A practice of hiring and recruiting employees for the benefit of the company.
  • Bank Financial Management and Financial Markets: It is a type of system that promotes the trade of financial assets like bonds, currencies, shares, derivatives etc.
  • Corporate Finance: It is a type of transaction that deals with increasing revenue to develop a business.

MBA in Finance in UK Vs MBA in Business Analytics in UK

The comparison table shows which country is best for MBA in finance.The table below shows the comparison between MBA in Finance in UK and MBA in Finance in USA:

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GBP 1= INR 101.27, as on 14th October 2023

Top Universities for MBA in Finance in UK

Few top universities for MBA in finance UK are listed below along with tuition fees:

Name of University Programs Offered Annual Tuition Fees
London Business School MBA (specialization in Finance)/ MBA in Finance GBP 109,700 (INR 11,110,494.81)
Imperial College Business School GBP 61,500.00 (INR 6,228,764.18)
University of Birmingham GBP 32,580 (INR 3,299,725.81)
Bayes Business School (City University of London) GBP 50,500 (INR 5,114,676.28)
Arden University MBA (specialization in Finance online) GBP 3,421 (INR 346,272.73)
University of Greenwich MBA in Finance GBP 19,975 (INR 2,021,864.31)
University of Bedfordshire GBP 14,400 (INR 1,458,007.65)
Cardiff Metropolitan University GBP 12,250 (INR 1,240,319.01)
University of Sunderland GBP 17,000 (INR 1,721,259.03)
University of Wales, Trinity Saint David MBA Banking & Finance GBP 15,000 (INR 1,518,757.97)

GBP 1= INR 101.27, as on 14th October 2023

MBA in Finance in UK Admission Process

Some MBA requirements in UK for admission process are as follows:

  • Students need to visit the site of the university and check the application deadlines for the desired program. Universities in UK offers the admission twice a year and the semester commence in January and September.
  • You need to fill up the online application form and pay the application fee for MBA in Finance in UK.
  • Submit the required documents .
  • After submitting the application, students need to wait for the admission decision. An option to track the status of the application is also provided.
  • UK Student Visa

Eligibility Criteria for MBA in Finance in UK

Students can enroll at some of the cheapest universities In UK offering MBA in Finance in UK and be aware of the eligibility requirements. MBA in finance UK eligibility criteria varies are as follows:

  • Bachelor's degree from a recognized board or university
  • Students with a second-class honors degree in a business related field with a score weightage of 60-70% in a three or four year bachelor's degree.
  • English Language Proficiency
  • GMAT Score of 600 or more
  • Work Experience
  • Visa Requirements
  • Documents Requirement

Documents Required for MBA in Finance in UK

Documents required for cheapest MBA in UK for Indian students are listed below for reference. Following documents are necessary to apply for MBA in finance in UK:

  • A copy of university transcripts
  • Official translation of documents is required
  • English Language Proficiency proof
  • An application essay
  • CV
  • Work Experience (if any)
  • Letter of Recommendation
  • Statement of purpose for UK
  • A copy of the passport
  • Evidence to prove the sufficient finance

MBA in Finance in UK Application Fee

Application fee for both online MBA in finance programs, and on-campus programs at best universities in UK for international students are as follows:

University Name Application Fee
London Business School GBP 200 (INR 20,243.70)
Imperial College Business School GBP 150 (INR 15,191.66)
University of Birmingham GBP 50 (INR 5,060.92)
Bayes Business School (City University of London) GBP 100 (INR 10,127.77)
Arden University No Application fee
University of Greenwich GBP 12 (INR 1,215.27)
University of Bedfordshire GBP 27.50 (INR 2,785.00)
Cardiff Metropolitan University No application fee
University of Sunderland No application fee
University of Wales, Trinity Saint David No application fee

GBP 1= INR 101.27, as on 14th October 2023

Application Deadline for MBA in Finance in UK

Applicants should be aware of application deadlines before trying to apply to UK universities.The application deadline for MBA in Finance In UK at top universities are as follows:

University Name Application Deadline
London Business School August 2024
Imperial College Business School 15 January 2024 18 March 2024
University of Birmingham September
Bayes Business School (City University of London) August
Arden University December 1, 2023
University of Greenwich Yet to be announced
University of Bedfordshire March 2024
Cardiff Metropolitan University 30th June 2023 (Closed)
University of Sunderland 17 October 2023
University of Wales, Trinity Saint David 26/01/2024 – 31/01/2024

Admission Requirements for MBA in Finance in UK

Admission requirements for online MBA in UK and on-campus course are as follows:

Name of the university GRE/GMAT Score ELP Requirement
London Business School GMAT- 600 IELTS- 7.0
TOEFL- 100
Imperial College Business School GMAT- 600+
GRE Verbal- 156
GRE Quantitative- 158
IELTS- 7.0
TOEFL- 100
Duolingo English Test- 125
University of Birmingham Not required IELTS- 6.5
TOEFL- 88
PTE- 67
Bayes Business School (City University of London) GMAT score-600
GRE Verbal-156
GRE Quantitative- 158
IELTS- 7.0
TOEFL- 100
PTE- 100
Arden University Not required

IELTS- 6.5
TOEFL- 90

University of Greenwich Not required IELTS: 6.5
TOEFL and
PTE also accepted
University of Bedfordshire Not required IELTS- 5.5
Cardiff Metropolitan University Not required IELTS- 6.0
University of Sunderland Not available IELTS- 6.0
University of Wales, Trinity Saint David Not required IELTS- 5.0

Cost of Living for MBA in Finance in UK

The cost of living in UK is high for international students. The annual cost of living at top universities for MBA finance in UK are as follows:

Name of the University Cost of Living
London Business School Varies
Imperial College Business School GBP 19,580 (INR 1,982,847.59)
University of Birmingham GBP 8694.00 (INR 880,360.93)
Bayes Business School (City University of London) GBP 12,840 (INR 1,300,346.27)
Arden University GBP 10,000 (INR 1,012,631.29)
University of Greenwich GBP 16,008 (INR 1,621,020.17)
University of Bedfordshire GBP 5,500 (INR 556,947.21)
Cardiff Metropolitan University GBP 7,072.30 (INR 716,163.23)
University of Sunderland GBP 10,404 (INR 1,053,541.60)
University of Wales, Trinity Saint David GBP 10,500 (INR 1,063,237.84)

GBP 1= INR 101.27, as on 14th October 2023

MBA in Finance in UK Scholarships

Few UK scholarships for Indian students available to help with MBA in finance in UK fees. The scholarships offered are as follows:

Name of the University Scholarship Name Eligibility Amount
London Business School Lady Meherbai D Tata Education Trust Scholarships Indian women graduates from a recognised Indian University with a strong academic record Varies
Imperial College Business School Advisory Board Scholarship self-funded student who demonstrates exceptional academic merit and/or potential Full tuition fee
University of Birmingham Charles Wallace India Trust Scholarships The grants enable successful applicants to achieve their artistic, academic or professional ambitions through spending time in the United Kingdom. Fully-funded awards; visiting fellowships in agreed subjects at specific institutions; grants for research and professional visits; grants for doctoral study; and grants to attend the Scottish Universities Summer School
Bayes Business School (City University of London) Haberman Fund Must be able to demonstrate academic excellence. GBP 4,000 (INR 405,017.82)
Arden University Regional Offers For all International students 40% fee reduction
University of Greenwich Chevening Scholarships Must pursue one-year of masters course Covers flight fare, accommodation and courses fees
University of Bedfordshire VC Scholarship In the first year only on either undergraduate, or postgraduate degree courses GBP 1,000 (INR 101,254.45) VC Scholarship GBP 500 (INR 50,639.81) alumni discount
Cardiff Metropolitan University MBA Scholarship MBA Scholarship is based on academic and/or professional, evidenced work experience GBP 1,500 (INR 151,919.46)
University of Sunderland International Scholarship 2023/24 All international students studying on-campus undergraduate and postgraduate courses GBP 900 (INR 91,148.92) tuition fee reduction (postgraduates)
University of Wales, Trinity Saint David UWTSD Commonwealth Country Scholarship International students from a commonwealth country applying for a Master’s level course GBP 3000 (INR 303,829.74)

GBP 1= INR 101.27, as on 14th October 2023

Jobs after MBA in Finance in UK

Listed below are MBA in finance salary in UK for popular job roles. Some popular job roles and their salaries post MBA in UK are as follows:

Job Title Average Annual Salary
Finance Manager GBP 46,779 (INR 49,13,029)
Financial Controller GBP 56,414 (INR 59,24,959)
Senior Business Analyst GBP 49,358 (INR 51,83,893)
Financial Accountant GBP 46,170 (INR 48,49,069)
Finance Director GBP 91,646 (INR 96,26,049)
Business Development Manager GBP 46,716 (INR 49,06,739)
Financial Analyst GBP 38,553 (INR 40,49,352)

GBP 1= INR 101.27, as on 14th October 2023

Top Recruiters for MBA in Finance in UK

Many top recruiters offer jobs in UK to MBA in Finance students. Some recruiters with high MBA finance salary in UK are listed below:

  • Apple
  • Amazon
  • IBM
  • Ernst & Young
  • Goldman Sachs
  • Rolls Royce
  • Citigroup Inc.
  • BlackRock Inc.
  • JP Morgan Chase & Co.
  • Deloitte

Work Permit for MBA in Finance in UK

Students post completion of MBA in Finance in UK seek part-time jobs in UK or full-time employment. MBA finance salary in UK is high and students have to follow few rules for work permit like :

  • Graduate visa (can stay for 2 years post completion of degree to seek employment)
  • Tier 2 work visa
  • English Language Proficiency
  • Valid Passport
  • Identity Proof

ROI for MBA in Finance in UK

Mentioned-below is the ROI table for student’s wishing to immigrate to UK. The University of Birmingham, University of Bedfordshire and Arden University offer students higher ROI, and can be considered for admissions.

Name of Universities Annual Tuition Fee Annual Cost of Living Total Expense Average Annual Salary ROI
London Business School GBP 109,700 (INR 11,110,494.81) Varies GBP 109,700 (INR 11,110,494.81) GBP 56,414 (INR 59,24,959) 51%
Imperial College Business School GBP 61,500.00 (INR 6,228,764.18) GBP 19,580 (INR 1,982,847.59) GBP 81,080 (INR 8,210,112.59) 69%
University of Birmingham GBP 32,580 (INR 3,299,725.81) GBP 8694.00 (INR 880,360.93) GBP 41,274 (INR 4,179,380.70) 136%
Bayes Business School (City University of London) GBP 50,500 (INR 5,114,676.28) GBP 12,840 (INR 1,300,346.27) GBP 63,340 (INR 6,412,314.92) 89%
Arden University GBP 3,421 (INR 346,272.73) GBP 10,000 (INR 1,012,631.29) GBP 13,421 (INR 1,358,694.01) 420%
University of Greenwich GBP 19,975 (INR 2,021,864.31) GBP 16,008 (INR 1,621,020.17) GBP 35,983 (INR 3,642,790.14) 156%
University of Bedfordshire GBP 14,400 (INR 1,458,007.65) GBP 5,500 (INR 556,947.21) GBP 19,900 (INR 2,014,604.78) 283%
Cardiff Metropolitan University GBP 12,250 (INR 1,240,319.01) GBP 7,072.30 (INR 716,163.23) GBP 19,322.30 (INR 1,957,006.69) 291%
University of Sunderland GBP 17,000 (INR 1,721,259.03) GBP 10,404 (INR 1,053,541.60) GBP 27,404 (INR 2,775,539.72) 205%
University of Wales, Trinity Saint David GBP 15,000 (INR 1,518,757.97) GBP 10,500 (INR 1,063,237.84) GBP 25,500 (INR 2,582,698.25) 221%

GBP 1= INR 101.27, as on 14th October 2023

The data given above would help students understand how to get an MBA in finance. MBA in finance in UK fees and other eligibility criteria along with ROI are discussed. Scholarships provided by top universities are also discussed in the table above.

FAQs

Ques: How is MBA finance in UK?

Ans: MBA finance in UK is one of the most preferred MBA specializations, usually takes 1 year to complete and has high entry level salary options.

Ques: Is MBA finance in UK worth it?

Ans: MBA from the UK is worth an investment because MBA studies in UK universities are inclined towards preparing the students for an international work environment.

Ques: How long is MBA finance in the UK?

Ans: MBA finance in the UK course is 1 year long.

Ques: Is MBA finance in the UK a good option for a student’s development?

Ans: This sector offers a wide range of career opportunities in finance and enhance a candidate’s prospects for senior leadership roles in areas such as investment banking, private equity, corporate finance.

Ques: What are the benefits of MBA Finance in the UK?

Ans: A prime benefit is the chance to meet leading business entrepreneurs during the course period.

Ques: What is the scope of MBA in Finance in the UK?

Ans: Many jobs for MBA in the UK offer competitive salaries and benefits in sectors such as finance and consulting.

Ques: Why do students choose MBA in Finance in UK?

Ans: The course enables applicants to have global recognition in the world and increase your chances of earning higher pay.

Ques: Which MBA is most demanding in UK?

Ans: MBA in Marketing, Finance, etc. are most demanding in UK.

Ques: What is the syllabus of MBA in finance?

Ans: Financial Accounting & Analysis, Cost and Management, Business Economics and Business Law, Taxation are taught in MBA in Finance.

Ques: Which course is best after MBA Finance in UK?

Ans: Students can opt for a course in Financial Risk Management [FRM] or PhD post MBA in Finance in UK.