Business schools in Britain beckon!
Breakfast, Big Ben, Buses, Beatles,
Bard of Avon, Beckham, and much more is what Britain is famous for.
A financial and tourist hub, UK's economy ranks second only after
Germany in Europe. The UK economy has a wide variety of world class
industries ranging from farming to financial services.
A rich cultural and literary
heritage, excellent higher-education system, many world-class
universities and a post-study work scheme attract and ensure a
global edge for international students of high caliber. Business
schools in England offer shorter, highly intensive MBA courses than
in many other countries, thus reducing living expenses and time
spent away from job. Most of these schools recognize and accept a 3
year bachelor degree unlike those in other countries. UK is the
frontrunner for MBA programs in Europe and second only to the US in
the world.
Let's take a closer look at each of
these top ranked esteemed MBA Programs in England:
1. London
Business School - London
The LBS has managed to achieve
extraordinary success in a very short time compared to the other
major business schools. It has tie-ups with 34 International
Exchange partner schools and 7 Regional Advisory Boards. The
full-time MBA program at LBS ranks among the world's best, as per
both FT and BW rankings. The student potential is maximized through
initiatives such as Global Leadership Development Program,
Career and Professional Skills Development Program,
Global Leadership Assessment for Managers, Languages
Program, and International Exchange Program.
Duration of Course: can be
customized to 15, 18 or 21 months
International applications
received: 95%
Average GMAT Score: 694
Average Professional Work Exp.: 5.5
yrs
Average Class Size: 320; 80 (core)
& 60 (elective)
Average Age of a student: 28-29
International Students in a Class:
91%
Tuition Fees: £49,900
Financial Aid and Scholarships:
Available
Estimated Monthly Living Expenses:
£2,840
Average Starting Salary Package:
base salary + signing bonus + yearend bonus = £63,136 + £17,551 +
£24,147 (2008 figures)
2. Said Business
School (University of Oxford) - Oxford
Oxford is an ideal place for an MBA
student to benefit from the rich social and academic resources of
the University. The one-year MBA Program at SBS requires students
to undertake an entrepreneurship project at the start of the second
term and work on a strategic consulting project in the summer if
they choose to do so. They get to work with a wide range of
companies, charities, non-profits, and start-ups. Course electives
include Business in China, Real Estate,
Retailing, Entrepreneurship, etc. 'Student Treks' are
student-led week-long visits around the Easter holidays, which aim
at understanding business undertakings in certain parts of the
world, meeting potential recruiters and alumni in their corporate
as well personal
capacities.
Duration of Course: 12 months
International applications
received: 75% outside of Europe
Average GMAT Score: 685
Average Professional Work Exp.: 6
yrs
Average Class Size: 240; 75 (core)
& 50 (elective)
Average Age of a student: 29
International Students in a Class:
95%
Tuition Fees: £36,000 + £500 for
course materials
Financial Aid and Scholarships:
Available
Estimated Living Expenses for the
course duration: min. £12,000
Average Starting Salary Package:
base salary + signing bonus = £67,600
3. Judge
Business School (University of Cambridge) - Cambridge
MBA at Judge Business School is
ranked among the best MBA programs the world over. It comprises
Consulting Projects, Internships, Corporate
visits, Business Plan competitions, workshops.
The Make Your Mark Program is an exclusive program designed
by Saatchi & Saatchi for JBS students, on creativity in
business and personal development. It provides students with
guidance for reframing their personal goals, spotting potential for
both the company and themselves.
Duration of Course: 12 months
International applications
received: 96%
Average GMAT Score: 690
Average Professional Work Exp.: 7
yrs
Average Class Size: 164, 54 (core)
& 21 (elective)
Average Age of a student: 30
International Students in a Class:
91%
Tuition Fees: £35,000 + £2,229
(college fees)
Offered Specializations: Arts
Administration, Health Care Administration, Beyond Profit - Energy
and the Environment
Financial Aid and Scholarships:
Available
Estimated Living Expenses for the
course duration: £2,500-£6,500 + £3,500 + £500 (accommodation
+ meals + books)
Average Starting Salary Package:
base salary + signing bonus = £56,203 + £9,800
4. Lancaster
University Management School - Lancaster
Lancaster is known to be a
budget-conscious MBA candidate's best bet. Academic modules are
accompanied with 3 action-based consultancy participations which in
turn are complemented by two key factors running throughout the
academic year: the Mindful Manager and the MBA Career
Management Program. New Venture Challenge calls for
students to work in a team over 10 weeks to produce a business plan
for a start-up company. For some projects, students also work with
communities as well as companies to help tackle social issues.
International Exchange Program lasts for 3 months over
summer in countries like Australia, New Zealand, China, Canada,
Austria, France, Germany, Italy, Spain, and Switzerland.
Duration of Course: 12 months
International applications
received: roughly 70%
Average GMAT Score: 650
Average Professional Work Exp.: 7
yrs
Average Class Size: 75
Average Age of a student: 30
International Students in a Class:
87%
Tuition Fees: £23,500
Financial Aid and Scholarships:
Available
Estimated Living Expenses for the
course duration: £8,500
Average Starting Salary Package:
$74,481 (as per BW)
5. Cranfield
School of Management - Cranfield, Bedford
Cranfield School enjoys the highest
placement success rates (97% of its recent full-time MBA graduates
got placed within 3 mnths of graduation). Few highlights of the
Program are Personal and Professional Development module,
Cranfield capstone conference (a chance to showcase course
learning to alumni & business leaders), International
Business Experience (destinations vary every year such as
Brazil, China, Costa Rica, Cuba, Japan, South Africa, Vietnam and
even a rural area for a social project). The Cranfield MBA
(Defence) program is customized for military officers, civil
service personnel and defence industry executives for effective
role-play in military initiatives. The MIRC at Cranfield offers the
most comprehensive business and management database for learning
and research and has a language studio with multimedia programs for
many European and Asian languages.
Duration of Course: 12 months
International applications
received: 92%
Average GMAT Score: 670
Average Professional Work Exp.: 9
yrs
Average Class Size: 128; 43 (core)
& 35 (elective)
Average Age of a student: 32
International Students in a Class:
82%
Tuition Fees: £31,000
Financial Aid and Scholarships:
Available
Estimated Living Expenses for the
course duration: £10,000
Average Starting Salary Package:
base salary + signing bonus = £75,000 + £9,972
6. Imperial
College Business School - London
The ICBS is consistently placed in
top 10 schools in world for entrepreneurship. The major highlight
of the MBA program is the Innovation, Entrepreneurship and
Design (IED) course in which an original idea is turned into a
viable product (focus is on need to innovate, strategies,
entrepreneurship models, creativity sessions and design systems for
bringing ideas to life). Students can choose from various electives
such as Hi-Tech Strategy, Intellectual Property
Valuation, Issues in Managing Globalization (Japan),
New Ventures in the Health Sector, etc. Some of the other
initiatives by the school are - Individual Projects, IED
Business Plan Competition, and Language Classes at
minimal cost.
Duration of Course: 12 months
International applications
received: 67%
Average GMAT Score: 651
Average Professional Work Exp.:
6.3yrs
Average Class Size: 73
Average Age of a student: 29
International Students in a Class:
70%
Tuition Fees: £34,000
Financial Aid and Scholarships:
Available
Estimated Weekly Living Expenses
(at univ. residence): £220-£280
Average Starting Salary Package:
$79,650 (according to BW)
7. Manchester
Business School (University of Manchester) - Manchester
In 2008, Manchester was named UK's
leading center for business research for both the quality and
volume of its projects. The MBS has been consistently breaking into
top 10 European and top 35 world business schools according to the
FT Global MBA Rankings 2009. Internship, International
Exchange, Personal Project, Entrepreneurship
Project, International Business Project (entails 2,000+
hours of intensive client-centered work), Live consultancy
projects, etc are some of the highlights of the MBA program at
MBS.
Duration of Course: 18 months
International applications
received: 97%
Average GMAT Score: 630
Average Professional Work Exp.: 6
yrs
Average Class Size: 144; 72 (core)
& 19 (elective)
Average Age of a student: 29
International Students in a Class:
90%
Tuition Fees: £34,400 (plus
non-refundable deposits £1,000 + £2,000 + £3,000)
Financial Aid and Scholarships:
Available
Estimated Living Expenses for the
course duration: £13,500
Average Starting Salary Package:
£64,927
About Gurome:
Gurome offers GMAT Test Prep courses, a free GMAT test, MBA
admissions consulting services, and a lot more.
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