Job Opportunities in the UK for MBA Graduates

The UK is the most popular study abroad destination for MBA programs for many reasons. As we all know, the country is one of the world’s largest business hubs with a booming economy. London alone is home to many international employers like McKinsey & Company, Bain & Company, Boston Consulting Group, Roland Berger, Oliver Wyman, and Carney & Co. The average annual salary for an MBA program in the UK is around £50,000 to £1,00,000 in Indian Rupees (INR 52,91,447.97 – 1,05,84,210). It is affordable when compared to the study destinations and good job opportunities.

 

According to the Graduate Management Admission Council’s (GMAC) Corporate Recruiters Survey 2023, Employment of MBA graduates has increased over the last five years. An MBA is undoubtedly considered the most desirable postgraduate management degree and is considered a passport to a successful career.

 

If you are an ambitious international student planning to pursue an MBA in UK, keep reading as this blog will talk about the job options in the UK after an MBA degree.

 

Why Study MBA in the UK?

 

If you are interested in working in management in the UK, then an MBA in the UK could be a good place to start. Unlike other studies abroad, studying in the UK is based primarily on thinking and independent learning.

 

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 a job for students who are passionate about numbers and are willing to turn their focused skills into a profitable career. London is one of the world’s financial centres, employing over 1 million people in a variety of roles.

 

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 bracket in the finance business in the UK ranges between £70,000 - £100,000 (GBP), depending on the skillsets and academic qualifications of the scholar.  

 

2. Consulting Industry

One of the most popular career paths for MBA graduates is working in the consulting field. MBA graduates with analytical skills, leadership, problem-solving, communication and technical skills may choose to work in this sector, depending on their studies.

 

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

The average salary bracket in the consulting industry in the UK ranges between £70,000 - £90,000 (GBP), depending on the skillsets and academic qualifications of the student. 

 

3. Information Technology

Graduates with IT skills and a deep understanding of technology such as software development, communications and information security are professionals who are well-qualified to work in this field. An MBA degree will also help them with the management skills needed to lead larger teams and make strategic decisions.

 

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 bracket in the IT Industry in the UK ranges between £48,000 to £65,000 (GBP), depending on the skillsets and academic qualifications of the student.  

 

4. Marketing Industry

Given the increasing demand for business professionals in the UK and around the world, MBA graduates in Business, Management and Administration may choose to work in this field.

Some of the popular job roles include: 

·       Marketing Executive

·       Product Manager 

·       Brand Manager

·       Digital Marketer

·       Public Relations (PR) and Advertising

·       Market Research Analyst 

The average salary bracket of the consulting business in the UK ranges between £45,000 - £70,000 (GBP), reliant on the skillsets and academic qualifications of the candidates.  

 

5. Human Resources

Employees are the foundation of any successful business, and human resources are one of the most important assets of any organization. Human resources professionals have important responsibilities, including hiring, compensation, management, benefits, training and development, employee retention, and managing operations. 

 

Here are some of the ideal job roles one can find in the Human Resources sector: 

·        Human Resources Director 

·        Human Resources Specialist

·        Human Resources Officer

·        Human Resources Generalist 

·        Human Resources Coordinator

·        Training and Development Specialist 

 

The average salary bracket of the consulting industry in the UK ranges between £45,000 - £50,000 - £70,000 (GBP), depending on the skillsets and academic qualifications of the student. 

 

Post-Study Work Visa 

Under current law, post-study passports allow international students to stay for up to two years after completing their studies. They allow them to work in the UK for the duration of their extended stay. With this PSW visa, students can extend their stay in the UK for as long as they want once they have found work. Therefore, finding an MBA in a field that interests you and doing job research will help you find the right job. 

 

Also read :

Masters in UK for Indian Students

 

 

Final Words 

Embarking on an MBA journey in the UK surely presents many opportunities beyond its borders. Thus, pursuing an MBA degree in ‘Great Britain’ is a wise investment as it enriches one’s professional profile, nurtures personal development, broadens horizons and fosters a global perspective.

 

We at Envision Overseas assist aspiring study abroad aspirants with the end-to-end application process for an MBA Degree in the UK. Headquartered in Mumbai, we have our presence in tier 1 and 2 cities across India.