Job Opportunities in the UK for MBA Graduates

For a variety of reasons, the UK is the most popular study abroad location for MBA programs. The nation is renowned for having a thriving economy and being one of the major international business hubs. Many multinational corporations, including Oliver Wyman, McKinsey & Company, Bain & Company, Boston Consulting Group, Roland Berger, and Kearny, have their headquarters in London alone.  

 

The average pay range for MBA jobs in the UK stands at about GBP 50,000 to GBP 1,00,000 (INR (INR 52,91,447.97- 1,05,84,210) per annum. The UK also attracts numerous international students owing to its flexible study duration, affordability compared to other study destinations, and outstanding career prospects.

 

Corporate Recruiters Survey 2023 by the Graduate Management Admission Council (GMAC) indicates that hiring for MBA graduates has increased over the previous five years. Undoubtedly, the most sought-after Postgraduate Management Degree Program is the MBA, which is acknowledged as a ticket to a prosperous career. 

 

Continue reading if you're an aspiring international student hoping to study for an MBA in the UK because this blog will discuss the employment opportunities in the UK following an MBA.

 

Why Study MBA in the UK?

 

If you're eager to work in "Great Britain's" management industry, earning an MBA in the UK can be a terrific starting point. Unlike other study abroad options, the British Education System places a strong emphasis on independent learning and critical thinking. 

 

Take a look at some of the key features of an MBA Degree to Study in UK:

 

Duration	1-2 years
Top B-Schools	London Business School Cambridge - Judge Business School Oxford - Said Business School Imperial College Business School Warwick Business School
Top-Paying MBA Specializations in the UK	Business Analytics Information Technology Finance Marketing Economics Entrepreneurship International Business Investment Management Data Analytics
Tuition Fees	MBA (1-1.5year): £31,000 to £88,000

 

Job Prospects in Top Industries in the UK

 

1. Finance Industry

 

This is the field for students who have a strong interest in statistics and are prepared to use their analytical abilities to pursue fulfilling careers. London is one of the major financial hubs in the world, with over a million people working there in a variety of jobs.

 

Here is a quick rundown of popular job roles in the finance sector: 

·       Investment Banking

·       Financial Analysis

·       Portfolio Management

·       Risk Management

·       Insurance

·       Financial Journalism

 

The average salary range in the UK's finance sector is between £70,000 and £100,000 (GBP), contingent on the educational background and skill sets of the individual.

 

2. Consulting Industry

Working in the consulting sector is one of the most popular career paths for recent MBA graduates. Depending on their area of specialization, MBA graduates with strong analytical abilities, leadership traits, a strong sense of problem-solving, and communication skills combined with technical knowledge can choose to work in this industry. 

 

Take a look at the most in-demand job roles in this sector: 

·       Management Consultant

·       Strategy Consultant

·       IT Consultant

·       Change Management Consultant

·       Healthcare Consultant

·       Supply Chain Consultant

 

In the UK, the consulting industry pays an average salary bracket of £70,000 to £90,000 (GBP), contingent on the educational background and skill sets of the individual students.

 

3. Information Technology

The best candidates for employment in this sector are graduates with IT expertise and a solid grasp of technology-related fields like software development, telecommunications, and information security. They will also have the managerial abilities needed to oversee larger teams and formulate strategic plans if they have an MBA.

 

Check out the most sought-after job roles in this sector: 

·       Chief Technology Officer

·       Vice President of Information Technology

·       Manager of Information System

·       Financial Management of IT

·       Specialist in Computer Information

·       Specialist in Software Delivery

 

The average salary range in the UK's IT industry is between £48,000 and £65,000 (GBP), based on the student's skill set and educational background. 

 

4. Marketing Industry

MBA graduates majoring in marketing, brand management, or marketing management have the option of choosing to work in this field due to the growing demand for qualified marketers in the UK and around the world. 

 

Some of the popular job roles include: 

·       Marketing Executive

·       Product Manager 

·       Brand Manager

·       Digital Marketer

·       Public Relations (PR) and Advertising

·       Market Research Analyst 

 

In the UK, the consulting industry pays an average salary between £45,000 and £70,000 (GBP), contingent on the student's skill set and educational background. 

 

We have 65+ offices in these 4 countries and even if you want to connect with a Study in UK, you can walk-in to KC Overseas Office. Our UK Specialists can help you with a list of the most appropriate universities for pursuing MBA and further help you with your application process and visa process.

 

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