MBA in UK under 14 Lakhs

Pursuing an MBA programme abroad is always a dream come true for an Indian student. Especially if it’s… The post MBA in UK under 14 Lakhs appeared first on Leverage Edu.

MBA in UK under 14 Lakhs

MBA in UK for Indian Students

Pursuing an MBA programme abroad is always a dream come true for an Indian student. Especially if it’s in a country like the United Kingdom, it’s a perfect cherry on the cake for us.  However, for some, pursuing an MBA in UK is a significant financial investment that results in creating a big hole in our pockets. Despite the increased tuition fees, many choose this course because of its high global recognition. Many students seek to get a student education loan while others seek affordable options to pursue the same. If you’re considering the latter option, here’s a useful blog on MBA in UK under 14 lakhs that will tackle your budget constraints. 

Also read: Study Masters in UK for Less than 14 Lakhs

Why Study MBA in UK?

Before straight away diving into the top universities that are offering MBA in UK under 14 lakhs to international students, let’s first highlight some of the important driving factors that make MBA in UK all the more attractive: 

  • Students at the best business schools in the UK can design their own programmes and study subjects of their choice.
  • Most MBA programs offered by UK universities are 1-year programs that help students gain international exposure as well as opportunities to expand their knowledge in a short period of time.
  • Due to the scarcity of qualified managers, the UK economy requires 1.9 million skilled managers, making MBA in UK under 14 lakhs all the way more viable choice for aspirants. 
  • With an annual income of roughly 116,000 GBP (INR 1.20 crores), the MBA is one of the highest-earning degrees in the UK.
  • International students are also allowed to work up to 20 hours during their studies to support themselves in the UK.
  • MBA in UK would be an incredible chance for international students to receive quality education and a highly acclaimed degree on a budget.

Popular Specialisations for MBA in UK under 14 Lakhs

Here is an extensive list of some of the best and top-rated MBA specialisations that aspirants can choose from to study MBA in UK under 14 lakhs:

Take the help of our revolutionary AI-Course Finder to choose the best fit course and university for yourself!

Popular Universities Offering MBA in UK under 14 Lakhs 

Now that we are quite familiar with the perks and top specialisations of studying MBA in UK, here is a list of some popular and globally renowned universities that will make your dream of pursuing an MBA in UK under 14 lakhs come true: 

Universities Estimated Average 1 Year Tuition Fee
Bedfordshire University£11,250 (INR 11.6 lakhs)
Canterbury Christ Church University£12,900 (INR 13.3 lakhs)
University of Wolverhampton£12,470 (INR 12.9 lakhs)
The University of Worcester£11,400 (INR 11.8 lakhs)
Suffolk University£11,000 (INR 11.3 lakhs)
Leeds Beckett University£11,300 (INR 11.7 lakhs)
University of Gloucestershire£12,500 (INR 12.9 lakhs)
Cardiff Metropolitan University£9,000 (INR 9.3 lakhs)
University of Bolton£12,500 (INR 12.9 lakhs)
Buckinghamshire New University£10,500 (INR 10.8 lakhs)

Know Everything about the Popular Intakes in UK 2022!

Note: The fees of MBA courses in the above-mentioned universities might vary. Get in touch with a Leverage Edu expert on 1800572000 to know more about the accurate cost of studying MBA in UK! 

Eligibility for MBA in UK under 14 Lakhs 

Although the eligibility criteria for MBA in UK will differ for different universities, students must meet the basic eligibility requirements mentioned below to be considered for MBA in UK under 14 lakhs:

  • A relevant three-year bachelor’s degree from a recognised university, which is equivalent to a UK bachelor’s degree.
  • A competitive GMAT/GRE scores.
  • Appropriate IELTS/TOEFL or any other ELP test scores to demonstrate English language proficiency.
  • A minimum work experience of 2 years will be preferred by many UK universities. If you are fresher in the field of management, there are various other universities that offer MBA in UK without work experience.

Document Checklist 

Mentioned below is a list of some important documents that will be required while applying for an MBA in UK under 14 lakhs: 

Check out the Important Documents Required for Applying to UK Universities

Application Process for MBA in UK

In the UK, like in any other country, there is a predetermined standard of documentation and a specific protocol for completing the application process. Here’s a step-by-step guide to completing the application process for an MBA in UK under 14 lakhs: 

Scope of MBA in UK under 14 Lakhs

For two key reasons, international students choose an MBA in UK as their preferred professional path. The first is the larger return on investment (ROI), while the second is the shorter duration of the course. Within a year, an MBA graduate can make significantly more. Even if a loan is given, with such a large income package, students will be able to repay it more easily. Following Brexit, UK universities are hungry for international students, especially from India. For MBA graduates in the United Kingdom, there are a variety of high-paying professions available, some of which are given below along with the salary packages:

Job Prospects Estimated Annual Average Salaries in INR 
Assistant BD Manager1.35 cr.
BD Manager1.90 cr.
General Manager1.79 cr.
Manager2.11 cr.
Project Manager1.38 cr. 
Planning Director2.09 cr. 

Cost of Living in UK

While the cost of living in any location relies on your particular preferences, the cost of living in the UK is measured according to the city where you reside. Although it is difficult to arrive at an absolute amount for the cost that will be spent, we can approximate the cost of living. The results are listed below:

Kind of ExpenseCost in GBP and INR
Fees for Visa Application348 GBP (INR 35,834)
Tier 4 Visa1,015 GBP (INR 90,000) per month as proof of sufficient funds
Housing 500 GBP (INR 51,486) monthly
Transportation 150-200 GBP (INR 15,445 to INR 19,844) monthly
Food150-200 GBP (INR 14,883 to INR 20,594) monthly
Clothing and Leisure50 GBP (INR 5,148) monthly
Telephone and Mobile 50 GBP (INR 5,148) monthly

Calculate a personalised cost of living in the UK with the help of our Cost of Living Calculator!  

Student Life in UK

Also read: 10 Biggest Culture Shocks for International Students in UK

Post Study Work Permit in UK

The Post Study Work Visa (PSWV) is a temporary visa that allows international students to reside, study, and work in any post or career path after graduation. Anyone, including students of Indian heritage with proper immigration status in the UK, can apply for this post-study employment visa. The New Graduate Route is open to all students enrolled in a UK Higher Education Provider-approved institution. This move is being taken in response to the United Kingdom’s goal to retain the top students from across the world and to help them find work opportunities in the country. International students can now stay in the UK for 2 years after graduation and 3 years after completing their PhD programme after the new work permit.

UK Visa Application Process, Fee & Requirements

While studying in the UK, you will undoubtedly open up a world of possibilities in your chosen field of study. Furthermore, as the deadlines for the January 2022 intake is approaching, you must buckle up to face the strenuous admission process. Allow our Leverage Edu experts to assist you with the application process and other procedures. Call us on 1800572000 right now! 

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