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Ameer Khatri MBA Consultant

Masters in Management in the UK

11/07/2023

  630

Avg. GMAT

22

Avg. Age

£ 38K

Avg. Cost of Study

12 – 18

Months Duration 

£ 55K  

Avg. Salary

Summary

Why study MiM in UK ?

A compelling combination of academic excellence, cultural variety, and career progression chances is provided by pursuing a Master’s in Management (MiM) in the UK. The UK, renowned for its top-notch academic institutions and cutting-edge programmes, offers the perfect setting for building a solid foundation in business management. The UK’s MiM programmes frequently place an emphasis on practical abilities, strategic thinking, and global perspectives, giving students the skills necessary to successfully negotiate the complexities of today’s complicated corporate environment. Studying in the UK also involves interacting with a diverse student body, promoting global networking and cross-cultural knowledge. MiM graduates can easily transfer into interesting employment prospects thanks to the UK’s close linkages to worldwide sectors and its long history of innovation.

A MiM from the UK gives a passport to a varied and promising career in the business world, whether you want to enter the corporate world, pursue entrepreneurship, or continue your education.

Types of MiM Offered in the UK

Full-time MiM Program

It is a 12 months intensive program that provides students with a comprehensive education in international business and management. Students in full-time MiM programs are able to fully immerse themselves in their studies without the distraction of concurrent employment, allowing them to dedicate their time and focus solely on their academic pursuits.

The curriculum for full-time MiM programs typically covers a wide range of topics, including international marketing, finance, strategy, and cross-cultural management; this ensures that students acquire the knowledge and skills necessary to succeed in a global business environment. The condensed timeframe of full-time MiM programs makes them an attractive option for those seeking to fast-track their career progression in international business.

Part-time MiM Program

Part-time MiM program is tailored to accommodate individuals with active careers or other commitments who aspire to pursue advanced degrees without interrupting their current job roles or personal obligations. These programs are structured with increased flexibility, often featuring classes scheduled during evenings, weekends, or through modular formats.

Part-time MiM offerings typically span beyond a single year, allowing students to manage both their work and academic pursuits effectively. This option is particularly well-suited for those who aim to elevate their qualifications and gain fresh expertise while maintaining their professional trajectory uninterrupted. Participants enrolled in part-time MiM programs can seamlessly apply their newfound knowledge directly to their ongoing job responsibilities, rendering this choice a pragmatic and advantageous pathway for propelling their careers forward.

MiM with Internship/Work Placement

A MiM with Internship/Work Placement is a Master of International Management program that includes an internship or work placement as part of the curriculum. This type of program allows students to gain practical experience in a real-world business setting. Internships and work placements can help students develop their professional skills and network, better understand the industry they are interested in, and connect with potential employers.

MiM with Study Abroad

MiM programs featuring a study abroad element present students with the opportunity to engage in academic pursuits in foreign countries or at affiliated universities for a semester or longer, a facet held in high regard for its capacity to deliver international familiarity, intercultural encounters, and a more profound insight into worldwide business methodologies. This endeavour allows students to submerge themselves in distinct academic and cultural milieus, expanding their outlooks and global connections. With the UK housing a plethora of esteemed educational institutions, the study abroad dimension not only facilitates exposure to varied expertise but also provides access to the resources of global schools, enhancing the depth of their educational expedition.

Specialized MiM Program

Specialized MiM programs in the UK offer a more tailored and in-depth curriculum in a specific area of international management, such as international marketing, global finance, cross-cultural management, or entrepreneurship. These programs are ideal for those with a clear career goal and want to develop specific skills required for roles in a particular sector or industry. The focused coursework and specialized knowledge gained in these programs enhance students’ competitiveness in the job market, making them attractive candidates for industry-specific positions.

Dual Degree MiM Programs

Dual degree MiM programs available in the UK give students a distinctive chance to attain two master’s degrees from separate universities or disciplines in tandem. For instance, students might embark on a MiM journey alongside a Master of International Affairs or a Master of Finance, fusing business acumen with international or financial expertise. Dual-degree MiMs furnish a comprehensive interdisciplinary education, fusing business management proficiencies with specialized knowledge from another realm.

These programs prove advantageous for those aspiring to cultivate a well-rounded and multifaceted skill repertoire, equipping them to tackle intricate global dilemmas from diverse standpoints. The collaborative nature between universities also allows students to harness the insights and resources of two academic institutions, thereby elevating their scholarly encounters.

Eligibility Criteria : MiM in the UK

The eligibility criteria for MiM programs in the UK can differ depending on the university and the program, but there are some general requirements that all applicants must meet. These requirements typically include a bachelor’s degree in any field, a minimum GPA, and an English language proficiency test score. Some programs may also require applicants to have work experience or to take specific courses.

Most MiM programs in the UK require applicants to have a bachelor’s degree in any field. However, some programs may prefer applicants with a bachelor’s degree in a business-related field, such as economics, finance, or accounting. Some programs may also require applicants to have a certain GPA or to have taken specific courses.

Your GPA is among the most important factors that admissions committees will consider. Try to maintain a GPA of 3.0 on a 4.0 scale throughout your bachelor’s program.

Some MiM programs in the UK may require applicants to have some work experience; this is not always required, but it can be helpful in making your application more competitive.

All MiM programs in the UK require applicants to demonstrate their proficiency in English. This is usually done by taking an English language proficiency test, such as the TOEFL or IELTS

Documents required : MiM in the UK

Apart from the requirements mentioned above, you will be required to submit the following documents as well along with your application: 

  • Letter of Recommendation
  • Statement of Purpose (SOP)
  • Academic Transcripts
  • Standardized Test Scores
  • Resume/CV
  • Application Fee

The eligibility criteria for MiM programs in the UK vary depending on the university and the program. However, there are some general requirements that all applicants must meet. If you are interested in pursuing a MiM in the UK, it is important to carefully research the specific requirements for the programs you are interested in.

Program Costs + Living Expenses : MiM in the UK

£ 25,000

Avg. Tuition Fee

£ 12,500

Avg. Cost of Living

£ 348

Avg. Visa Charges

 

38,000

Avg. Cost of Study

The average cost of pursuing a MiM program in the UK is £25,000 – £50,000 annually; this includes tuition fees, living expenses, and visa charges. Tuition fees for MiM programs in the UK can range from £15,000 to £35,000 per year. The cost of living in the UK for an international student ranges from £10,000 to £15,000 per year, including accommodation, food, transportation, and other living expenses. The cost of a UK student visa for Indian students is £348.

If you are considering pursuing a MiM program in the UK, it is important to do your research and apply for scholarships early. You should also start saving money early to help cover the cost of tuition fees and living expenses. There are a number of ways to save money, such as living with roommates, cooking at home, and taking advantage of free activities.

The overall cost of living in the UK can vary depending on personal preferences and location. Prospective students should carefully consider their financial situation and budget constraints when choosing a MiM program in the UK.

Scholarships Available : MiM in the UK

Embarking on a journey of academic and professional growth through a MiM program in the UK opens doors to a world of knowledge, innovation, and opportunity. As the UK stands as a global beacon for quality education and diverse industry landscapes, it is no surprise that many scholarships are available to support aspiring MiM candidates in realizing their ambitions.

These scholarships alleviate the financial burden and recognize and nurture exceptional talent, ensuring deserving individuals can access the transformative experience of a UK-based MiM education.

Here are some of the scholarships you should check out:

Career Prospects : MiM in the UK

91%

Employed within 3 months of graduation

50K

Avg. Salary

Most Sought-After Jobs 

Management consultant

Financial analyst

Investment banker

Risk manager

Marketing manager

Operations manager

Human resources manager

Business analyst

Data analyst

The UK is a popular destination for Masters in Management (MiM) graduates. The country has a strong economy and a diverse range of industries, which means that there are many opportunities for MiM graduates to find jobs. The UK is also home to some of the world’s leading business schools offering high-quality MiM programs.

Some of the top companies hiring MiM graduates in the UK include:

  • Barclays
  • HSBC
  • Boston Consulting Group
  • The Boston Consulting Group
  • Oliver Wyman
  • Google
  • Amazon
  • Tesco
  • Nestle
  • Goldman Sachs
  • Morgan Stanley

Visa & Stay Prospects : MiM in the UK

The UK is a popular destination for international students pursuing a Master’s in Management. The country has a strong economy and a diverse range of industries, which means that there are many opportunities for MiM graduates to find jobs.

To study in the UK, students need to be aware of the VISA and stay prospects available to them.

Eligibility Criteria

To be eligible for a Student visa in the UK, the applicants must meet the following conditions:

  • Be 16 years old or above.
  • Receive an offer of a place on a course from a licensed student sponsor.
  • Have sufficient funds to support themselves and cover the course expenses (the required amount varies based on individual circumstances).
  • Possess the ability to speak, read, write, and understand English.
  • If the applicant is 16 or 17 years old, they must provide parental consent evidence when applying.

Application Process

The application process depends on whether the applicant is applying from outside or inside the UK.

Applying from outside the UK

  • One can apply for a visa six months before the course start date.
  • Typically, a decision on the visa application is received within three weeks.

Applying from inside the UK

  • The earliest one can apply is three months before the course starts.
  • The application must be submitted before the current visa expires, and the new course must commence within 28 days of the current visa expiration date.
  • Usually, a decision on the visa application is received within eight weeks.

Duration of Stay

The duration of stay allowed in the UK depends on the course length and the applicant’s previous study in the UK. The typical stay duration for students aged 18 and above pursuing a degree-level course is up to five years.

Students wishing to stay longer after completing their course can switch to a graduate visa, allowing them to stay in the UK for at least two years upon successfully completing their program.

Fees

The fees associated with the Student visa application include the following:

  • Applying from outside the UK:
    • Visa application fee: £363
  • Applying from inside the UK:
    • Visa extension or switch fee: £490

It is important to note that the visa fee must be paid for each person joining the applicant.

Healthcare Surcharge

As part of the application process, applicants must pay the healthcare surcharge, which depends on the duration of the visa.

— To sum it all up, pursuing a MiM in the UK offers international students valuable academic and professional experience. Understanding the VISA and stay prospects available to students is essential to ensure a smooth transition. Students can confidently plan their studies and stay in the UK by meeting the eligibility criteria, following the application process, and understanding the fees and healthcare surcharge.

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Top 5 MiM Colleges in the UK

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Avg. Working experience: 0 – 2 years*

Location: London, England

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 UCD Michael Smurfit 

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Duration: 12 months

Format: Full time

Avg. Working experience: NA

Location: Dublin, Ireland

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Warwick Business School

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Format: Full time

Avg. Working experience: NA

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Imperial College Business School

MSc Management

Duration: 12 months

Format: Full time

Avg. Working experience: NA

Location: London

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Imperial Letter of Recommendation

Application Process & timeline

We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks

Step 1

GMAT / GRE Score

2-3 months.

If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average. 

Step 2

Profile Evaluation

 1-2 weeks.

Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile

Step 3

Application Prep

3-4 weeks at least. 

Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.

Step 4

Interview Prep

1 week

School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.

FAQs about MiM in the UK

Yes, if you’re an international student, you will need to apply for a Tier 4 (General) student visa to study in the UK. This visa is designed for students pursuing full-time courses and is granted for the duration of your study program.

Visa processing times can vary depending on your home country and the time of year you apply. It’s recommended to apply for your visa at least 3 months before your course start date. Some students might receive a decision sooner, while others might experience longer processing times, so planning ahead is crucial.

The likelihood of receiving a scholarship depends on factors such as your academic achievements, relevant experience, and the competitiveness of the scholarship pool. While scholarships can be competitive, many universities are keen on attracting top international talent and provide a range of opportunities.

Yes, the Tier 4 student visa allows you to work part-time during term (up to 20 hours per week) and full-time during holidays. This can be a great way to supplement your finances and gain valuable work experience while studying.

Yes, most UK universities have dedicated career services that offer guidance, job search assistance, networking opportunities, and even access to job fairs. These services can be particularly helpful for international students who might be unfamiliar with the UK job market and its recruitment processes.

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