Do you want to quickly acquire the necessary management skills and consequently accelerate your career growth? A one-year MBA at a top UK university can be transformational for you. Sounds interesting? Keep reading to learn all about a one-year MBA in the UK.
Figuring out all of the elements of this program and meeting all the admission requirements alone can get exhausting; that’s why we, at Gradstar Global Education, are here to support your journey. Take the guess work Enquire now.
A one-year MBA in the UK is a 12-month-long course that extends in-depth knowledge about business administration–planning, management, operations, and more. This course trains you in business functions like HRM, marketing, finance, and administration. You’ll get an overview of the business mechanisms initially and, eventually, specialize in your preferred niches.
A one-year MBA in the UK is a preferred choice for international students and is widely available at most universities in the UK. Here are some reasons why you would choose this program –
1. Involves lower tuition fees, reduced living costs, and minimum work experience requirements
2. Ensures reduced opportunity cost by giving you quick entry into the job market
3. Leverage the expertise of and learn the latest business modules from experienced faculty who are proud entrepreneurs
4. From leadership development and network building to application training, a 1-year MBA provides it all
5. As per London Business School, 91% of MBA graduates are employed within three months after course completion
6. It provides similar value as a two-year MBA program at a half the price
7. Gives you an alumni status and access to networking and resources that can accelerate your career growth
Choosing a university to pursue a one-year MBA must be well thought through because it’s pivotal to your personal and professional development. Your educational horizon and job opportunities depend on the university you choose. Some of the top universities international students prefer to pursue a one-year MBA at are UK University of Exeter, Coventry University, and Nottingham Trent University.
As your university is important for your educational experience and career prospects, don’t shy away from seeking help from our best study abroad experts at Gradstar to do it right the first time.
Apart from imparting knowledge of overall business administration, a one-year MBA offers various specializations for you to choose from. Here are the major specializations that most of the UK universities offer in the one-year MBA –
Overwhelmed with this huge list of specializations and unsure about which one to opt for? Our finest study-abroad experts at Gradstar can help you choose based on your preferences, interests, skills, qualifications, and eligibility.
Before applying for a one-year MBA degree at a leading UK university, you must meet the course’s and university’s eligibility criteria. Usually, universities select you considering various factors –seat availability, regulatory requirements, academic background, and more.
Here are some of the common requirements at UK universities –
As mentioned above, these were the major requirements you must meet; however, your preferred university might have some unique requirements in addition to these. To know and fulfill them all easily, turn to our best study abroad experts at Gradstar.
A one-year MBA is less expensive than a two-year course, but the fee is still quite high to not prepare for. Your payable tuition fees for a one-year MBA in the UK will vary with your desired university.
The average one-year MBA fee hovers around £20,000 to £40,000. For a clearer picture, here’s the total fee of some of the highly preferred universities –
1. University of Exeter: £39,000
2. Coventry University: £20,350
3. Nottingham Trent University: £22,800
Now, let’s have a quick look at the major scholarships provided by these popular universities –
1. University of Exeter
A. Better World Scholarships: £4,000-£12,000 value
B. Academic Excellence Scholarship: According to GMAT scores as follows
£2,000 to 600 – 649 grade
£3,000 to 650 – 700 grade
£6,000 to 700 or over
2. Coventry University
International Pathways scholarship: £3,000 reduction from tuition fee
3. Nottingham Trent University
A. NTU Excellence Scholarships: 25-50% off on tuition fees
B. International Scholarships: Upto £3,000 off on tuition fees
To explore your financing options better, consult one of our finest study abroad experts at Gradstar.
On completing your one-year MBA, bright opportunities await you. Some of the top finance, banking, healthcare, and retail-based recruiters need MBA graduates and are ready to pay a lucrative salary. As per Glassdoor, you can easily expect an average salary of £31,814/year as a fresh MBA graduate in the UK.
Here are some job profiles that MBA graduates can ace –
Considering the wide career prospects after a one-year MBA, we are sure you’re now interested in enrolling in a one-year MBA program at one of the UK universities. However, there are several hurdles to cross—elaborate application process, series of admission requirements, visa procedure, multiple financing options, and post-admission journey.
The relief? You can simplify and complete your application process before the deadline by leveraging Gradstar’s best study abroad experts’ experience. We handhold you throughout your study abroad journey–university selection, specialization choice, finances, and document provision.
You’ll be beyond stress-free on choosing to avail of our services, including visa, health, accommodation, and pre-departure support. Want to get started with your study abroad journey today? Book a one-on-one session!
Recommended Reads:
Indian VS Foreign MBAs: A comparison
What are “sandwich placements” in the UK?
What to Expect When Studying Abroad in the UK as a Student?
Date Published: Oct-08-2023
