Master of Business Administration is one master’s degree that attracts people from across different academic fields. Even experienced folks can’t resist contemplating an MBA for career growth in terms of promotions or a heftier pay check.
One of the places to look for best MBA UK is AMBA (Association of MBAs), however, MBA is an expensive course where average fees could be anywhere between £16,000 to a £73,000, which leaves a big dent in your pocket so the decision has to be thoroughly analyzed keeping in mind the following key aspects before one opts for an MBA.
The key aspects include
- Which type of MBA?-Various MBA programs are provided like the traditional Two-year (Full Time) MBA, Accelerated MBA which is again 2 years but has more course load and fewer off days as compared to a traditional MBA, Part-time MBA and executive MBA. This decision depends upon a lot of factors like a working person might opt for part time or executive MBA, course fees could also be a reason for opting one over the other, etc.
- Which University?-Once the MBA program is decided upon then we need to choose the University. The decision again varies from individual to individual, for example, a working professional trying to get to the next level might be interested in a course that has minimum assessment, decision of a preferred university could also be based upon the courses provided or even MBA Accreditations (helps you verifies whether the provided course is at par with international standards or not).
- Which Course?- MBA in UK deepens on your understanding pertaining to various aspects of business, namely, finance, marketing, human resources and operations management etc., therefore it’s crucial to decide on which course one wants to opt for. Decision varies based upon interest, skills and job prospects, to name a few.
- Understanding the Application Process completely is a must :-
Some universities require an undergraduate degree while others consider A- level result or experience qualifications therefore, make note for the specific requirements of your preferred university. Apart from these, admission processes also include essays which help the B-schools/ universities to assess your personality, attitude etc. Prospective applicants also need to take GMAT and submit their scores during the time of admission. GMAT tests a candidate in aspects like analytical, writing, quantitative and verbal skills. GMAT test has four sections mentioned below:-
- Quantitative– This section emphasizes on quantitative problem solving.
- Verbal– This section emphasizes on the candidate’s ability to read and understand comprehensions on various topics that could include political science, business acumen, history etc.
- Integrated Reasoning– This section assesses prospect’s capabilities in analyzing data represented in various formats, figures etc.
- Analytical Writing Assessment (AWA) – This section critically evaluates the candidate’s ability to assess arguments, counter arguments, conclusions, etc based upon the information provided.
The best MBA UK can be a safe bet for a GMAT score of over 700. B -schools and universities these days have also started accepting Graduate Records Examination (GRE) score too. GRE places more importance to definitions and vocabulary compared to GMAT which relies heavily on logic.