Pursuing an MBA in the UK can yield among the best returns on your investment – provided your list of universities is well researched and suits your career plans. Here’s with an eight step plan towards management career success with an MBA from the UK
Tip #1 for planning an MBA in the UK – Identify the goals for studying MBA programmes in UK. This is a 3 step process.
- Do Self-assessment before enrolling to colleges for MBA in UK: Take time to reflect on your experiences, your abilities and your ambitions. Understand your career path and develop the yearly road map required to achieve it.
- Define your career path: Your short and long term goals are the first step towards post MBA success. Find out where you see yourself a few years from now, what are the choices you plan to make to take charge and further your goals.
- What makes one eligible to study MBA in UK? An honest self-assessment will save you a great deal of time and energy by helping you to make a focused selection of schools and colleges for MBA in UK.
Tip #2 for planning an MBA in the UK-Ranking system of Universities and colleges for MBA in UK:
Rankings of schools and colleges for MBA in UK are usually constructed from three popular parameters: QAA (Quality Assurance Agency), RAE (Research Assessment Exercise) ranking and the Media ranking.
- QAA is supposed to ensure that the teaching standard and the condition of study in colleges for MBA in UK are good. It carries out an audit every couple of years and takes into account several factors like the computing facility, number of students that enrolled for MBA course in UK at various schools, etc.
- RAE reflects research ranking. That is, where does one publish and what proportion of the staff publishes in journals.
- Media ranking, have their own way of constructing where universities fall. Despite the media frenzy surrounding rankings, research suggests that candidates vary significantly in terms of the criteria which matter to them in selecting a business school. Research indicates that the most popular selection criteria are: Scholarship availability, Quality of Academic Staff, post-MBA salary, relevant specializations and career placement record – with rankings coming only seventh.
- Thus, one needs to investigate the criteria that the ranking is based on before you making a choice based on the rank. Then choose from the list of appropriate colleges for MBA in UK. You may also consult a reputed UK MBA admissions specialist for the same
Tip #3 for planning an MBA in the UK-Accreditation of University and colleges for MBA in UK:
In the case of schools and colleges for MBA in UK, the relevant body is the Association of MBAs (AMBA). It currently accredits programmes at 161 business schools in 72 different countries. The process of accreditation gives an indication of the quality of schools programmes.
Tip #4 for planning an MBA in the UK-Location and Cost for MBA Schools in UK:
In selecting a location for study of MBA programmes in UK, the following conditions listed below may be considered:
- If you are doing a part-time MBA course in UK while you are working and need to commute to the school regularly.
- If you are interested in applying to a particular employer after the MBA course in UK, you may want to choose one of the schools from which the company recruits.
Tip #5 for planning an MBA in the UK-Fees and other costs for MBA in UK:
The cost of study in colleges for MBA in UK varies widely. In general, the minimum cost may be around £12,000 which includes cost of living and studying. However, financial aid exists, which can make the most costly MBA course in UK affordable.
Tip #6 for planning an MBA in the UK-Job opportunities after MBA programmes in UK:
If a candidate is studying MBA course in UK and intends to work after studies it is recommended he/she starts a job search while studying. Subscribe to online job network and scout for internships and job openings.
Tip #7 for planning an MBA in the UK-Details of Scholarship and MBA course in UK:
- To study MBA in UK with scholarship, it is advisable to start your scholarship search at least one year before the commencement of your course.
- Scholarships offered by Universities and colleges for MBA in UK are competitive and mainly based on academic merit. You will need to submit academic records, a personal statement and at least two references.
Narrow down the courses and universities offering MBA programmes in UK which you wish to apply to and then look for a scholarship accordingly.
Tip #8 for planning an MBA in the UK-Details of MBA course in UK:
To study MBA in UK, certain modes of studies are available. Primarily, MBA programmes in UK can be full-time, part-time, and modular or use distant learning. A prospective student needs to consider factors including the size and culture of the school, quality of faculty and student body, facilities, location, programme content and type of MBA course in UK. Find out how extensive is the network of alumni of the School and their career progress.