MBA in Finance in UK: Course, Top Universities, Eligibility, Salaries

MBA in Finance is designed for those who want to pursue their careers in the financial industry and want to learn about the latest developments in this sector. This degree is one of the most sought-after degrees in finance because it provides both theoretical and practical knowledge. This course will equip you with an understanding of how businesses work, various methods of financing, valuation techniques, and accounting principles. You will also learn about risk management, portfolio analysis, performance measurement, derivatives, and other topics related to investments.

MBA in Finance in the UK Highlights 

There are around 9 top universities for MBA in finance in UK for international students. The MBA in Finance in the UK fees is also affordable for students. 

Top 10 MBA in Finance Colleges in UK

The list of the top 10 MBA in Finance colleges in the UK according to Qs World Ranking for Accounting & Finance is as follows: 

University	QS World University Ranking 2023
University of Oxford	4
University of Cambridge	6
The London School of Economics and Political Science (LSE)	7
London Business School	12
Imperial College London	19
University of Manchester	19
University of Warwick	38
University of Edinburgh	46
UCL	51
University of Glasgow	61

(Source: QS, Times Higher Education) 

MBA in Finance Cost or Fees in UK  

The cost of an MBA in finance can vary depending on the institution, study mode, duration, and country. These factors should be considered before applying for an MBA in finance program. A lot of people are considering going to a top business school to get a degree in finance. The best schools provide students with top-notch education and networking opportunities which can be very beneficial for their careers. The average tuition fee for an MBA in Finance course is GBP 27,500 along with living expenses which can sum up to approximately GBP 13,000. 

Student Visa Cost for UK 

The Tier 4 Student Visa allows someone from outside of the European Economic Area (EEA) to study in England. A student visa is not a work permit and does not allow the holder to work in the UK. It can cost around GBP 348 (Approx. INR 34,149). The whole process along with document submission can take around 15 working days. 

MBA in Finance Requirements for UK - Eligibility criteria 

• Should have a Bachelor in Management or related field

• Overall grade point average i.e. GPA of 3.0 on a 4.0 scale or its equivalent

• IELTS score of 6 or above or TOEFL score of at least 150

• Good GMAT score 

• Statement of Purpose + 2-3 Letters of Recommendation 

• Student Study Visa + Valid Passport + CV

• Proof of financial aid 

• Work experience (wherever applicable)

Work Permit after MBA in Finance in UK

The UK has a post-study work visa that is available to students who have completed their studies. This visa allows them to stay in the country for up to 2 years, and it does not have an impact on their future immigration status. The post-study work visa is available for all students who are in the UK with a Tier 4 student visa, or who are applying for one from overseas.

MBA in Finance Scholarships in UK 

There are a number of scholarships that students can apply for when they are looking to pursue an MBA in finance. These scholarships can be found on the website of the university or college that one is interested in, and there are also other sources available for students to find these scholarships. There are also third-party scholarships available.

Some of the scholarships the students can avail:

• University of Leeds International Scholarship Programme

• Sir David Alliance Scholarship

• The Kellogg Scholarships

• University of Birmingham International Student Scholarships

MBA in Finance Jobs and Salaries in UK 

According to Emolument, the average salary of a graduate with an MBA in Finance is GBP 74,521. This is the median starting salary for the finance sector in UK. There are many factors that affect the salary of an MBA graduate in finance. The most important one is the course provider and its reputation. The better known and more prestigious a university or college, the higher the starting salary will be.

Some of the most popular jobs for MBA graduates with a Finance degree are as follows:

• Investment Banking Analyst

• Financial Analyst

• Wealth Management

• Portfolio Manager

Top Recruiters for MBA in Finance in UK

The finance industry is a lucrative employment opportunity for graduates, and the demand for MBA graduates in this area is high. MBA graduates can work in various sectors of the financial industry such as investment banking, asset management, or hedge funds.

Some of the top recruiters for MBA in finance are: 

• Goldman Sachs

• JP Morgan Chase & Co.

• BlackRock Inc.

• Citigroup Inc.
• Deutsche Bank AG

Shikha Kumari10-31-2023 18:41