Master of Business Administration, or MBA, is a much sought-after course among postgraduates all over the world. It offers expertise in a variety of business-related fields, including marketing, human resources, finance, business law, and others.
Because of London’s high standard of education and exposure, the United Kingdom is a favorite destination for MBA. There are multiple benefits of attaining an MBA degree from a reputed college in London. We shall see some of them below.
- Academic Excellence
The primary reason why people prefer an MBA degree from the UK is because of the academic excellence of the country. According to the 2023 QS World Rankings Report, 4 out of the top 10 universities are located in the United Kingdom. There are multiple other courses but MBA is amongst the best-rated courses that the UK has to offer to students. From practical learning to real-time management skills, you will be able to learn them all in a business school with an MBA.
- Experiencing the Microcosm of the World
Business schools in the UK are like a mini world of their own. The population of these institutions in the UK is extremely varied and diverse. It is projected that on average, 50% of students in business schools in the UK are from far-off countries. Hence, students get a culturally variegated environment. This helps a student in two main ways. Number one, they learn to respect diversity and are then more open to ideas and changes. Number two, they can build good networks that may prove fruitful in the wrong run. One of your friends might be doing a business as good as yours in their country of origin and you can join hands to incur huge profits.
- One Year Course
MBA courses in most countries run for 2 years. However, the UK is different in this respect because most MBA courses offered in the country are only for one year. So, you get a postgraduate degree in one year. But this does not mean that education quality will be undermined this way. UK business schools make sure that they provide the best education that caters to real-life problem-solving and management. No one will, anywhere in this world, will even doubt your degree because of the reputation UK business colleges own.
- World Class Research Resources
Research is a heavily invested field in European countries and the UK is no exception to it. Most research projects are being run on government funding, while multiple others are undertaken by private institutions. It primarily results from the West’s need to be scientific and empirical at all times. MBA courses in the UK were quick to adapt to a similar pattern. Hence, research is an important aspect of MBA courses there. World-class facilities are being provided for such research besides the guidance provided by some of the best minds. You might end up exploring a new field that you have never even heard of before through these research platforms and in most cases, they might stick with you forever.
- Alumni Network
We often associate institutions with their reputed alumni who have been doing wonders around the world. But alumni are not just ornaments used to decorate the reputation of colleges and universities. Rather, they are chains of networking, growth, and progress. Because business schools in the UK stand tall, they have a rich alumni resource base. Business schools often organize alumni meetings and fairs so that the passed-out students may come and meet those who are studying in the institutions currently.
Having a good connection with alumni of your college can help students in multiple ways. The most obvious advantage is immediate hiring by a CEO or someone of equal stature in their company if your demeanor impresses them. Others might be ready to invest in your business ideas. People who don’t provide any of the above-mentioned things might still give you valuable advice.
- Employment Opportunities
An MBA from a private university in India can be easily outweighed by one done from a good business school in the UK when employers have to judge you based on your CV. While the fact that the oriental world still looks up to the west for development is true in other cases, it also holds water when a business firm has to employ a manager. But that is not the only reason why an MBA from the UK will be picked over other candidates. Everyone is aware that the education quality of practical exposure is better in the UK. Hence, an MBA graduate from the UK is more likely to end up with a good job.
MBA can also be used as a tool by people to stay in London forever. After you have studied in the UK, there are high chances that you will be able to get easy access to job opportunities in the country as well. The simple reason behind the same is that the English have faith in their education. In either case, you are getting higher and better chances of employment.
- Mentoring
Many business schools in the country provide additional mentoring and career counseling services to their students. They help one identify their strengths and weaknesses and explore arenas that best suit their temperament. This way, employment possibilities get higher and better plus you are most likely going to love the job you end up with.
Conclusion
MBA in the UK is surely a great way to secure a good future in the corporate world. However, not everyone and anyone will be in a shape to get admitted into a good business school in the UK. It is important to start preparing on time lest you miss out on a golden opportunity. Different universities take different exams as their eligibility criteria. A good GMAT or GRE score is most likely going to help you in getting into your dream college. Apply for scholarships too because the cost of living in the UK is high. Nevertheless, some colleges teach MBA at nominal fees. Keep an eye on such business schools.