| Updated On - Sep 11, 2024
MBA in Finance in UK is a 1-year full-time degree program. UK houses 7 of the top 100 universities in the world that offer this course, according to THE WUR, 2024. Indian students with scores between 60-70% or above in a bachelor’s degree in business or related programs can apply for admission to the universities in UK offering MBA in Finance. A GMAT score between 600-760 out of 800 can strengthen your application. You also need 1-3 years of professional experience to be eligible for admission to the program.
The universities in London are quite expensive with annual tuition fees between 15,000 and 67,500 GBP (16.53 and 74.39 lakhs INR). Universities in smaller cities like Chester, Leeds, Leicester, Bristol offer affordable education with tuition fees ranging between 14,000 and 20,000 GBP (15.43 and 22.04 lakhs INR). The universities in various cities of Wales, Scotland, and Northern Ireland also offer affordable education with tuition fees in a similar range.
Graduates reportedly work as Financial Manager, Financial Accountant, Senior Accountant, Business Systems Analyst, and Risk Analyst roles. After gaining considerable professional experience, they can achieve roles like Executive Director, Finance Director, and VP. Companies like Google, Apple, Coca-Cola, Amazon, JPMorgan Chase & Co, Lenovo, Accenture, Deloitte, and Toshiba EMEA are among the popular employers hiring these graduates with high salaries. As a graduate, you can expect an average annual salary of 60,000 GBP per year (66.09 lakhs INR).
Top Universities for MBA in Finance in UK
Details of some top ranked universities offering MBA in Finance in UK are as follows:
| THE WUR, 2024 | Top Universities | Program | Location | Application Deadlines | Annual Tuition Fee (GBP) | Estimated Minimum Monthly Cost of Living (GBP) |
|---|---|---|---|---|---|---|
| #5 | University of Cambridge | MBA in Finance | Cambridge, England | 7 October 2024 | 6 January 2025 | 31 March 2025 | 69,000 | 885.7 |
| #8 | Imperial College London | MBA in Finance | London, England | 23 September 2024 | 20 January 2025 | 31 March 2025 | 19 May 2025 | 67,500 | 1,077.6 |
| #22 | University College London | MBA | London, England | 1 March 2025 | 42,500 | 1,077.6 |
| #=30 | The University of Edinburgh | MBA in Finance | Edinburgh, Scotland | 16 October 2024 | 27 November 2024 | 29 January 2025 | 5 March 2025 | 23 April 2025 | 11 June 2025 | 40,900 | 901.9 |
| #51 | University of Manchester | MBA in Finance | Manchester, England | 13 October 2024 | 17 November 2024 | 5 January 2025 | 2 February 2025 | 2 March 2025 | 6 April 2025 | 4 May 2025 | 8 June 2025 | 48,000 | 850.5 |
| #=87 | University of Glasgow | MBA in Finance | Glasgow, Scotland | Late July 2025 | 16,640 | 855.9 |
| #=97 | University of Southampton | MBA in Finance | Southampton, England | TBD | 41,990 | 881 |
| #101 | University of Birmingham | MBA in Finance | Birmingham, England | 30 June 2025 | 35,850 | 766.5 |
| #=106 | The University of Warwick | Full-time MBA | Coventry, England | 6 October 2024 | 10 November 2024 | 12 January 2025 | 30 May 2025 | 21 May 2025 | 31 July 2025 | 35,500 | 776.2 |
| #129 | University of Leeds | Full-time MBA | Leeds, England | Late June 2025 | 36,500 | 798.6 |
| #=130 | University of Nottingham | Full-time MBA | Nottingham, England | Early August, 2025 | 32,400 | 813.1 |
MBA in Finance in England
London
| THE WUR, 2024 | Top Universities | Program | Location | Application Deadlines | Tuition Fee (GBP) | Estimated Monthly Cost of Living (GBP) |
|---|---|---|---|---|---|---|
| #501-600 | University of Greenwich | MBA in Finance | London, England | 15 October 2024 | 15 May 2025 | 21,000 | 1,077.6 |
| #351-400 | Brunel University London | MBA | Uxbridge, England | 15 November 2024 | 29,150 | |
| - | London Business School | MBA in Finance | London, England | 30 September 2024 | 4 November 2024 | 7 January 2025 | 4 March 2025 | 22 April 2025 | 57,500 | |
| - | Amity University-London Campus | MBA in Finance and Banking | London, England | October and February | 15,000 |
Other Cities in England
| THE WUR, 2024 | Top Universities | Program | Location | Application Deadlines | Tuition Fee (GBP) | Estimated Monthly Cost of Living (GBP) |
|---|---|---|---|---|---|---|
| #=168 | The University of Liverpool | MBA | Liverpool, England | 30 November 2024 | 32,950 | 842.5 |
| #174 | Durham University | MBA | Durham, England | Mid June | 37,500 | 745 |
| #=177 | University of Exeter | MBA | Exeter, England | Late August 2025 | 42,900 | 800 |
| #251-300 | University of Bath | MBA | Bath, England | 31 July 2025 | 37,500 | 1,283 |
| #251-300 | Loughborough University | MBA | Loughborough, England | 30 August 2025 | 32,000 | 900 |
| #251-300 | University of East Anglia | MBA | Norwich, England | 31 January 2025 | 25,200 | 1,752 |
| #401-500 | University of Kent | MBA | Canterbury, England | 21 July 2025 | 24,600 | 875 |
| #501-600 | University of Lincoln | Master of Business (Finance) | Lincoln, England | TBD | 19,300 | 750 |
| #501-600 | The University of Bradford | MBA | Bradford, England | TBD | 20,468 | 1,564 |
| #501-600 | University of the West of England | MBA in Finance | Bristol, England | Late August, 2025 | 15,850 | 828.2 |
| #601-800 | De Montfort University | MBA | Leicester, England | 26 April 2025 | 16,250 | 814.4 |
| #601-800 | Coventry University | MBA in Finance | Coventry, England | 23 September 2024 | 9 September 2024 | 23 August 2024 | 22,550 | 776.2 |
| #801-1000 | Leeds Beckett University | MBA | Leeds, England | TBD | 16,500 | 798.6 |
| #1001-1200 | University of Bedfordshire | MBA in Finance | Luton, England | 27 September 2024 | 29 November 2024 | 14 February 2025 | 4 April 2025 | 19,700 | 1,875 |
| #1201-1500 | University of Chester | MBA in Finance | Chester, England | 22 November 2024 | 14,950 | 900 |
| #1201-1500 | University of Sunderland | MBA in Finance | Sunderland, England | 14 October 2024 | 18 November 2024 | 17 February 2025 | 24 March 2025 | 18,000 | 1,078 |
| - | Edge Hill University | MBA (Finance) | Ormskirk, England | October 2025 | 21,000 | 842.5 |
| - | University of Northampton | MBA in Finance | Northampton, England | 6 September 2025 | 11,800 | 1,688 |
MBA Finance in Wales
| THE WUR, 2024 | Top Universities | Program | Location | Application Deadlines | Tuition Fee (GBP) | Estimated Monthly Cost of Living (GBP) |
|---|---|---|---|---|---|---|
| #190 | Cardiff University | MBA | Cardiff, Wales | End of August, 2025 | 31,950 | 779.4 |
| #1201-1500 | Cardiff Metropolitan University | MBA in Finance | Cardiff, Wales | 26 July 2024 | 17,500 | |
| - | University of Wales, Trinity Saint David | MBA Banking and Finance | Lampeter, Wales | Late July 2025 | 15,000 | 1,739 |
MBA Finance in Scotland and Northern Ireland
| THE WUR, 2024 | Top Universities | Program | Location | Application Deadlines | Tuition Fee (GBP) | Estimated Monthly Cost of Living (GBP) |
|---|---|---|---|---|---|---|
| #201-250 | Queen's University Belfast | MBA in Finance | Belfast, Northern Ireland | TBD | 36,400 | 744 |
| #301-350 | University of Dundee | Global MBA | Dundee, Scotland | Early August 2025 | 20,900 | 833.33 |
| - | Abertay University | MBA in Finance | Dundee, Scotland | 25 November 2024 | 30 November 2024 | 31 March 2025 | 17,000 |
MBA in Finance in UK Admissions
The universities in UK require a 3-4 years bachelor’s degree in business or related field for admission to MBA in Finance. Generally, a 2:1 degree or 60-70% score is the minimum requirement at the top ranked universities. Students should have 1-3+ years of professional work experience to get into this program. The supporting documents required for admission to this program are:
- Statement of purpose or essay questions
- GRE/GMAT score (Optional)
- 1-2 Letters of recommendation
- Updated CV/ Resume
- Official transcripts
- Proof of finance availability
- Valid passport
- English proficiency requirements:
- IELTS: 6.5 or above
- TOEFL iBT: 80 or above.
Affordable Universities for MBA in Finance in UK
Some universities in UK offer MBA in Finance at a much cheaper tuition fee rate. This includes University of Lincoln, Coventry University, Leeds Beckett University and University of Bedfordshire among others. Some of these institutes are as follows:
Cost of Living in UK
Indian students can estimate to spend between 900-1300 GBP per month (96,990 to 1.40 lakhs INR) as the average cost of living in UK. The cost slightly varies depending on the university location, your residence type, and personal lifestyle.
- London is the most expensive city in UK, with an average monthly flat rent of 1,220 GBP (1.31 lakhs INR). The minimum living expenses in London are around 1,077.6 GBP (1.18 lakhs INR).
- Living expenses in UK reduces the more you move towards the North.
- The average monthly rent of a 1-bedroom flat in cities like Manchester, Liverpool, and Leeds is about 700 GBP (75,450 INR).
The average apartment rent in some popular student cities in UK are as follows:
MBA in Finance in UK Scholarships
Indian students pursuing MBA in Finance in UK can avail a few scholarships provided by the universities and external bodies. Some university-provided scholarships are as follows:
| Scholarship | Eligibility | Award Value |
|---|---|---|
| Wider Cambridge: The Cambridge MBA Scholarship for Professional Diversity | Outstanding candidates from professional sectors like arts/entertainment/media; energy; public sector; healthcare and pharmaceuticals; beyond-profit; social enterprise | £32,000 |
| International Scholarships Award (University of Greenwich) | International fee paying student | £3,000 |
Also Check: Popular scholarships in UK for masters level programs.
MBA in Finance in UK Work Study
International students in the UK are allowed to work for up to 20 hours per week during university term time. You can also work full-time during vacations. If you have integral work placement as a part of the course, it should not exceed 50% of the total course duration.
However, only full-time students on a UK student visa are allowed to work while studying. According to current students pursuing 1-year programs, Indians should focus more on studies than work due to the compact course structure.
MBA in Finance in UK Jobs and Salaries
After completing MBA in Finance, graduates in UK often secure jobs in world-renowned companies like Apple, JPMorgan Chase & Co, Toshiba EMEA, Coca Cola, Amazon, Lenovo, Accenture, Deloitte, and Google. In UK, MBA Finance graduates reportedly earn an average salary of 60,000 GBP per year (6,615 lakhs INR). A list of the top professions pursued by the graduates and their respective average salaries are as follows:
| Job Title | Average Salary Per Year (GBP) | Equivalent Annual Salary for Indians (INR) |
|---|---|---|
| Executive Director | £98,420 | 1.08 crore |
| Finance Director | £91,645 | 1.01 crore |
| Vice President (VP), Finance | £86,720 | 95.62 lakhs |
| Senior Project Manager, IT | £82,140 | 90.57 lakhs |
| Senior Product Manager | £74,710 | 82.37 lakhs |
| Solutions Architect | £71,770 | 79.13 lakhs |
| Assistant Vice President (AVP), Regional Director | £71,735 | 79.09 lakhs |
| Investment Analyst | £63,305 | 69.80 lakhs |
| Financial Controller | £56,410 | 62.20 lakhs |
| Senior Business Analyst | £51,065 | 56.30 lakhs |
| Business Development Manager | £46,715 | 51.51 lakhs |
| Financial Accountant | £46,170 | 50.90 lakhs |
| Risk Analyst | £45,760 | 50.45 lakhs |
| Finance Manager | £44,995 | 49.61 lakhs |
| Financial Manager | £43,255 | 47.69 lakhs |
| Business Systems Analyst | £41,880 | 46.17 lakhs |
| Project Architect | £39,250 | 43.27 lakhs |
| Financial Analyst | £38,550 | 42.50 lakhs |
| Senior Accountant | £35,585 | 39.23 lakhs |
| Finance Assistant | £27,020 | 29.79 lakhs |
MBA in Finance in UK prepares students for leadership and problem-solving roles. Home to a range of business leaders and tech giants like Shell, AstraZeneca, HSBC, Unilever, BP, Diageo, Rio Tinto, and GSK, UK ensures an excellent career outcome after pursuing MBA in Finance. With top ranked universities, hands-on learning opportunities from industry leaders, fast-paced education, and good salary after graduation, UK can be your first choice for MBA in Finance.
FAQs
Ques: Is MBA in finance good in UK?
Ans. Yes, UK is home to 4 of the top 50 and 7 of the top 100 universities in the world offering MBA in Finance, according to THE World University Rankings, 2024. Many of these universities have industry leaders teaching students and thus, offering practical lessons. UK is headquarter to several globally known business leaders like HSBC, Unilever, BP, Diageo, Rio Tinto, AstraZeneca, Shell, and GSK. Graduates in UK stand a high chance of securing employment across these companies, with lucrative opportunities.
Ques: How long is MBA Finance in UK?
Ans. The full-time MBA in Finance program in the UK universities have 1 year duration. The part-time program is offered within 15 to 21 months across different universities.
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