Pursuing a Masters in Business Administration (MBA) can significantly enhance your employability and career prospects. However, not all MBA courses offer the same mileage. If you wish to reap the maximum benefits from your post-graduate program, then you should seek admission to one of the MBA programs in the UK. Studying an MBA in the United Kingdom can offer several benefits such as higher pay and global employment opportunities. The following article will discuss why studying management course in the UK is a wise decision.
The Current Scenario
The combination of high-level leadership skills and strong knowledge of business practices are in short supply and so most organizations across the world are ready to pay more to hire professionals offering quality services, provided they have the right qualifications. Most employers continue to consider an MBA from the UK’s best business schools as almost a guarantee of that individual's high level of in-depth knowledge and overall business skills. MBA universities in the UK can offer the highest level of education and training for real world situations. A student gains a solid grasp of the ins and outs of businesses and learns how to motivate others.
Some of the institutes offering MBA in UK are the finest business schools in the world. The UK houses accredited universities providing management studies that till date continue to offer solutions and professional guidance for a strong foundation in management and entrepreneurship. However, one needs to keep in mind that you require complete dedication, personal commitment and good amount of funding.
Some of the high ranking business schools offering MBA courses include –
• London Business School
• University of Oxford
• University of Cambridge
• Lancaster University Management School
• Cranfield School of Management
• Imperial College Business School
• Manchester Business School
• Warwick Business School
Return on Investment
Those who want to attain for this qualification should know that it provides numerous advantages, including high financial returns. According to the Association of MBAs, graduates from MBA institutes in the UK with AMBA accreditation have been fetching the maximum average salary in the sovereign state since 2004 and an additional 11% graduates were reportedly receiving more than £70,000. Professionals were surveyed and the results showed that on an average, those holding an MBA degree started earning 25% more immediately, while the others took three to five years to begin on their career paths. But even though there is immense scope for career progress, MBA graduates need to understand that an MBA is not the instant passport to success. You will also need to be constantly driven towards self-development.
Experience is Crucial
To enroll into a high ranking business school in the UK, you will also need to have an appropriate undergraduate degree. Some MBA courses will also demand that you hold relevant experience work experience of at least three years. For example, you could have the experience of working with a business entity or within a corporate or managerial role. And that is why the timing of the course becomes even more crucial. You need to apply at the right time.
Most business schools will also require you to take the Graduate Management Admissions Test or GMAT in order to enroll for an MBA. Based on your GMAT score, you can apply to the management colleges within your reach. GMAT is a computerized exam that tests you on numerical knowledge and written skills.
The MBA still holds great value in the market and a professional with this degree is destined to shine bright and succeed in his professional tryst.
Author bio: Devika Arora is a professional writer who is presently focusing her writing on educational courses and careers.
More information on studying for your MBA abroad.