It’s never too late to continue your education – and in the wake of the coronavirus pandemic, many people are looking to upskill themselves and broaden their knowledge. Having an MBA not only increases your employment prospects; but could also help you get a promotion from your current role or even get a pay rise. In this article, we’ll investigate the types of MBA and the cheapest MBA options in the UK.
What is an MBA?
MBA stands for Master of Business Administration and is a qualification that will teach you about key business practices. MBAs are usually undertaken by business professionals who have already been working for a few years and are highly valued by employers. Employees with MBAs have the potential to earn more and go further in their career.
However, being such a desirable qualification comes at a cost: MBAs tend to be expensive and involve significant dedication and hard work. If you’re thinking of doing one, you need to make absolutely sure that an MBA is a right choice for you.
What types of MBA are there?
If you’re set on doing an MBA, you next need to decide which type you want to do. Your options might include a General MBA, Executive (EMBA) or a Specialist MBA. You can even do an online or part-time MBA, ideal for those who want to fit in their studies around their job.
In general, an MBA will consist of core and optional module. Students will complete essays, group projects, a dissertation, and take exams. Some courses also offer work placements and the chance to study abroad.
When doing your research, make sure you read the course description carefully to ensure you select the MBA that will work best for you. The university’s location, the course content itself, and the lecturers teaching the course should all be taken into consideration.
Most affordable MBAs in the UK
MBA prices vary across the UK, and tuition fees for MBA courses in the UK usually cost somewhere between £15,000 and £40,000. If this sounds like it’s out of your price range, don’t worry – there are UK institutions that offer cheaper courses if you’re looking to save money. Among these are the University of Gloucester, the University of the Highlands and Islands, Cardiff Metropolitan University, Bath Spa, Teesside University and the University of Bolton. These universities offer multiple different degree specialisations in many fields, including health and finance.
If you’d like to do a cheap MBA in London, London Metropolitan University is a fantastic option. There are also lots of small and private colleges in London, such as the London School of Commerce that offer cheaper MBA programmes to international students.
Here is a list of top 15 universities where you can study MBA at an affordable fees:
- BPP University (London)
- Sunderland University
- York St John University
- London south bank university
- Birmingham City University
- Northumbria University
- Teesside University
- Glyndwr University
- Ulster university
- East London University
- Cardiff Metropolitan university
- University of Wales Trinity Saint David
- University of Bolton
- University of Gloucestershire
- London Metropolitan university
The advantages of UK MBAs
There are numerous advantages to doing an MBA in the UK. Firstly, lower costs can help international students save money. Next, UK university degrees are valuable and are internationally recognised, assisting students in getting better jobs both in the UK and abroad. They also offer students the opportunity to head straight into a role after finishing the qualification. Doing the cheapest MBA available will help you save your pennies for books and course materials, a laptop, rent, travel and other necessary study expenses.
We hope this article has given you all the information you need on what doing a UK MBA involves, and where to look if you want to save money on an MBA course. Contact us today for more information regarding your admission to an MBA course.
Good luck!