Keen on applying to an MBA programme in top business schools in the UK and Europe? Wondering which schools can you enroll in, what programs they offer, what is the fee structure and more? Well, worry not, we got you covered.
The UK and Europe have become ideal tourist locations over the past few years. Owing to its rich heritage, culture, and its scenic landscape, most people wish to travel and explore these countries. But did you know the UK and Europe are also ideal study locations? Yes, over the years the UK and Europe have become quite a choice for students looking to pursue their master’s degree. So, let us have a look at how pursuing an MBA in the UK and Europe can prove to be beneficial to you.
Why MBA in the UK and Europe?
The UK and Europe are emerging as study hubs for those who wish to pursue an MBA. This is due to various factors and we will discuss them below.
Here are some reasons as to why you should pursue an MBA program in the UK and Europe:
- Duration of program: Business schools in the UK and Europe offer one-year full-time MBA degrees as opposed to the US and Indian universities that offer a 2-year MBA program.
- Work experience: Most UK and European B-schools consider fresh graduates who have less than 12 months of work experience for the admissions.
- Specialisations: Universities in the UK and Europe offer a wide array of courses and specialisations when compared to American universities. Hence, you will not be restricted by the number of programs or specialisations.
- International exposure: Studying an MBA in the UK and Europe will expose you to global opportunities and perspectives during your program. In addition, most MBA programs will require you to do an internship that will give you a glimpse into how businesses and management take place in international scenarios. So, not only are you gaining theoretical knowledge, but also practical experience in a global setting when interning.
- Global networking: While pursuing your MBA in the UK and Europe, you will get a chance to interact with global industry leaders, stakeholders, and fellow international students. This helps you expand your network.
Top Business Schools in the UK and Europe
We have discussed how pursuing an MBA program in the UK and Europe can be beneficial for you. Now let us have a look at the top business schools in the UK and Europe.
Ranked at the third position by the QS Global MBA rankings, INSEAD offers an MBA program with over 75 specialisations to choose from. INSEAD has three campuses— Singapore, France, and Abu Dhabi, which caters to students from all over the world. It is popular for its MBA and Global Executive MBA programs, the duration of which are 10 months and 14 months respectively. In addition, INSEAD also offers a “Campus Exchange Program”. This program offers you an opportunity to study a semester abroad in one of its three campuses and in its patterned universities in the US and China. The approximate cost of pursuing an MBA is around INR 72,00,000. The eligibility criteria requires you to have a good GMAT score ranging from 650 to 700 and a minimum of 5 years of work experience.
London Business School (LBS)
The London Business School has been ranked at the first position by the Financial Times for three consecutive years. Located in London, it offers various programs such as Masters in Management, Executive MBA (EMBA), Masters in Finance, Global Masters in Management, and an MBA program with distinct specialisations. In addition, LBS offers three specialised EMBA courses— EMBA Global Asia and EMBA Global Americas and Europe. The EMBA Global Asia provides you with an opportunity to study in partnered universities in Shanghai, Hong Kong, New York and London. Similarly, the EMBA Global Americas and Europe offer you the opportunity to study in partnered universities in New York and London. The duration of a full-time program at LBS ranges from 12 to 16 months depending upon the length of semesters. The approximate cost of pursuing a program at LBS is around INR 73,00,000. The eligible criteria requires you to have a good GMAT score and 5+ years of work experience.
ESADE Business School, Spain
ESADE Business School ranked at the 16th position by the Economist. Its total student count consists of over 90% of international students. This is because ESADE has partnered with over 75 universities all over the world to provide a holistic and global approach to management. The programs offered at ESADE are MBA, Executive MBA, and Global MBA. The MBA is a full-time program and the duration of the program is 18 months, whereas the Executive MBA is a part-time program. Besides, the Global MBA is a specialised program that is conducted in partnered universities in Barcelona, New York, Washington, Madrid, and India. The approximate cost of pursuing an MBA at ESADE is around INR 60,00,000. To be eligible for the MBA programs, you must have a good GMAT or GRE score and must have a minimum of 2 years of work experience.
Judge Business School, University of Cambridge
Located in Cambridge, London, the Judge School of Business is ranked 5th by the Financial Times Global MBA ranking. The Judge Business School is well-known for the MBA programs it offers. The programs offered are MBA and Executive MBA, the duration of which is 12 months and 20 months respectively. In addition, it also offers a specialised program as part of the MBA, the Cambridge Global Consulting Project. The project aims to provide students with a chance to acquire hands-on experience at various global companies as consultants. The approximate cost of pursuing an MBA is INR 55,00,000. To be eligible for the MBA, you must have a good GMAT score ranging from 640 to 730 and an IELTS score of 7.5 and above.
Said Business School, University of Oxford
The Said Business School (SBS) is located in Oxford, UK. It has ranked 2nd amongst the top business schools in the UK by the Financial Times. The programs offered at Said Business School are MBA, Executive MBA (EMBA), and various masters in business and management. In addition, it offers a specialised program, Oxford 1+1 MBA, which allows you to pursue a one-year MBA along with a one-year masters in any discipline. The duration of most programs at Said Business School is 12 months to 18 months. The approximate cost of pursuing an MBA is around INR 50,00,000. The eligibility criteria requires you to have a GMAT score of 650 to 700 and an IELTS score of 7.5 and above. You are also required to have a minimum of 5 years of work experience.
SDA Bocconi School of Management
Located at the heart of Milan, Italy, SDA Bocconi School of Management has been ranked at the 23rd position by the QS World MBA rankings. It is one of the most prestigious B-schools located in Europe and one of the few business schools to have received the “triple crown accreditation”. The three international accreditations are — AACSB, EQUIS and AMBA (Association of MBAs). The programs at SDA Bocconi are MBA, Executive MBA, and Global Executive MBA. In addition, it offers six specialised masters and another 6 specialised executive masters. The duration of the MBA programs ranges from 12- months to 24 months. The approximate cost of pursuing an MBA at SDA Bocconi is around INR 60,00,000. To be eligible for the MBA program, you must have a good GMAT or GRE score. There are no specific work experience requirements, but we recommend you have a minimum of two years of work experience. This is because it will add significant value to your application.
We have listed some of the top B-schools in the UK and Europe, along with the courses offered fee structure and eligibility criteria and we hoped they helped. Now, choose the one that suits your requirements, prepare for the exams and make it in there. All the best!