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.

 

Check More:

Study Abroad Consultants

Comments

Post a Comment

Popular posts from this blog

Career Opportunities after Completing Hotel Management

Hotel Management has become one of the most popular courses among students in Pune. This is because the hospitality industry has some of the best jobs. Here is the list of jobs that await you after completing hotel management Course :   1. Hotel managers Hotel manager is one of the most interesting jobs. They have issued new guidelines for work groups including chefs, house managers, cleaning staff and food and beverage producing facilities to improve customer experience.   Hotel managers prioritize guest satisfaction. Improving the guest experience at the hotel is entirely in the hands of hotel managers. Hotel managers also need to evaluate all the issues guests face from checking in to completing their stay.   2. Chefs Chefs play an important role in the development of their guests by preparing delicious and healthy meals. Hotel managers will ask chefs to prepare special meals for special occasions, such as guests' birthdays and anniversaries, or even th...
Read more

Top Courses in 2024 for International Students in Australia

Australia is experiencing vast skill shortages, and the difficulties are only getting worse. From 2021 to 2022, the skill shortage closely doubled. This shortage is because of ongoing factors such as an aging population but compounded by deficiency of overseas labour because of COVID. Currently, Australia’s unemployment rate is 3.5% and there is extraordinary competition for experienced and qualified workers.   This means that if you pick your education and career sensibly, your dream of making Australia your permanent home could come true. There are numerous programmes for international students that will train you for an in-demand role.   Presently, Australia’s unemployment rate is 3.5% and there is race for experienced and qualified staffs.   Trends in Australian Job Opportunities in the next 5 years Over the next 5 years, there is one important trend to note. More than 90% of jobs on the skills shortage list need some form of tertiary education. Several ...
Read more

Engineering in US can be turning point in career

Why study engineering in the USA? The United States is a major destination for engineering and science. It has some of the best engineering programs in the world. Did you also know that engineering programs in the United States are accredited by the American Engineering Education Association? Yes, you are guaranteed a good program! Other reasons to choose the USA for engineering courses include:   Engineering courses at American universities are designed to give students practical experience and help them advance to the next level. You will be trained to work in an office.   Engineering courses give you the opportunity to develop your skills by working under the guidance of professors. There are also many ways for students to take engineering courses in the United States. All of the top 10 universities are in the United States*. According to the Open Doors Report, engineering in the United States is one o...
Read more