- Improves their professional growth and reputation
- Increases their chances of securing a promotion
- Opens doors for more and better job opportunities
- Improves their business knowledge
- Expands its network of business contacts
- Leads to a better salary package
What Is an MBA?
The Master of Business Administration (MBA) is a postgraduate qualification that provides international students with an overview of important business practices. It also makes them a viable and most sought-out candidate for several major positions in top-ranking companies.
Obtaining an MBA is beneficial to the growth of a person’s career. Whether they want to work for someone or be their own boss, an MBA provides them with the tools, resources, and knowledge to do so. International students who have completed their undergraduate programme in or outside of the UK can enrol in a UK university to pursue their MBA.
MBA Intakes and Fee Structure
Most UK universities offer a one-year MBA programme costing around£10,000 to £15,000 on average.
5 Different Types of MBA
International students need to decide the type of MBA programme they want to enrol in based on their current level of experience and career goals. The list below explains the various types of MBA an international student can consider taking.
1. General MBA or MBA
International students with a few years of experience in business can enrol in a UK university offering a general MBA. The programme lasts for three years. Anyone who wants to have a flourishing career in the finance industry, management, or corporate industry can consider pursuing an MBA.
2. Executive or EMBA
International students currently holding a corporate management position and aspire to climb up the ladder within the organisation can pursue their EMBA. EMBA allows them to study and work at the same time.
3. Specialist MBA
International students with managerial experience can enrol in the Specialist MBA programme, as it prepares them to enter or earn promotion into a specific sector or industry.
4. Distance Learning MBA or Online MBA
International students who want to get an MBA, but cannot due to personal and/or professional commitments take distance learning MBA. This MBA programme is ideal for students who cannot attend university full-time. Some UK universities also offer MBA programmes that are exclusively online, hence helping international students receive valuable education without leaving their home country to travel to the UK. They will save money on travel and accommodation and complete the programme at their own pace.
5. MBA without Work Experience
MBA without work experience is for people who have recently graduated and for people who want to change their career. Anyone who wants to enter management but lacks work experience can enrol in this MBA programme.
International students need to learn about each type of MBA in more detail to decide which one is right for them.
What Does an MBA Entail?
Universities in the UK offer students with full-time, part-time, and distance learning MBAs. A full-time MBA starts in September, and they can last from anywhere to a year or 15 months. Some MBA programmes start in January.
Since most students are already working professionals, they prefer a part-time MBA programme over a full-time one. The MBA programmes provide students with optional and core modules followed by a work-based project or a dissertation.
The instructors assess students through exams, group activities, and essays. International students will learn how to execute operational management, create a marketing strategy, lead a team, perform strategic planning, and read and examine financial reports. Most courses also provide international students with work placement opportunities.
How an MBA Differs from Other Postgraduate Programmes?
An MBA is different from other postgraduate programmes because it helps students develop the skills they have gained by working in a professional environment. Other postgraduate programmes only build on your existing academic knowledge.
Other postgraduate programmes heavily depend on a classroom and/or laboratory-based settings. They teach through tutorials, lectures, and seminars mostly whereas MBA teach students through case studies, real-world projects, and group work.
When Should You Consider Taking an MBA?
MBA attracts professionals who already have at least three years of work experience under their belt in management and business since they graduated from their undergraduate programme. The average age of students taking MBA courses is usually between 27 and 30.
Most people will be studying alongside established professionals with valuable insights on management and business. People should take an MBA when they’re mentally prepared to take the next step in their professional career, whether at the company they currently work at or at a company they aspire to work at later