GENERAL

MBA in Finance in UK: Fees ,Top Colleges, Admissions, Deadlines, Placements & Jobs

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Rajat Diwakar • 11 Mins read • 22 Jul 25
MBA in Finance in UKMBA in Finance in UK

If you are planning your career in finance, then MBA in Finance in UK is the best choice. The United Kingdom offers the world’s top business schools for the MBA program, like London Business School, Oxford, Cambridge, and Warwick Business School. These universities offer globally recognised MBA programs with a specialisation in Finance.

An MBA in Finance in UK can help candidates to get high-paying jobs in various sectors, like in banking, consulting, or corporate finance. Some of the top recruiters include Goldman Sachs, JP Morgan, HSBC, Barclays, and Deloitte. The average salary for graduates can range between $75,000 to $1,00,000, or even higher.

Many colleges offer specialization in MBA, such as Corporate Finance, Investment Management, Financial Risk, International Finance, and FinTech. The United Kingdom also gives you exposure to global markets and top networking opportunities.

In this blog, we will guide you everything about pursuing an MBA in Finance in UK, including fees, top colleges, important dates, scholarships, salary package, and placements.


MBA in Finance in UK: Quick Highlights

MBA in Finance in UK generally has a course duration of 1 year, with the average salary of an MBA graduate range around $75,000 - $1,00,000 yearly. The table below represents some of the quick highlights about MBA in Finance in UK. 

Feature

Details

Course Name

MBA in Finance

Course Duration

1 year (full-time)

Top Universities

London Business School, Oxford, Cambridge, Warwick, Manchester, and more

Tuition Fees

$45,000 to $1,00,000

Living Expenses

$15,000 to $20,000 per year

Average Salary Package

$75,000 to $1,00,000

Intake Months

September and January 

Specialisations

Corporate Finance, Investment Banking, FinTech, Risk Management, and more. 


MBA in Finance in UK: Application Start & End Dates for Top Universities

The data below represents the upcoming dates of the 2025-2026 academic year.

University

Application Opens

Final Deadline (2025 Intake)

Manchester (Alliance)

September 2024

June 2025

Warwick Business School

October 2024

July 2025


MBA in Finance in UK: Visa Application Timeline

If you are planning to study an MBA in Finance in UK, starting your visa process on time is very important. Below is a simple timeline to guide you about upcoming events. 

Steps

Recommended Time

Get CAS (Confirmation of Acceptance for Studies)

Within 2–4 weeks after accepting the offer

Apply for UK Student Visa

3 months before course start date

Visa Type

UK Student Visa (Tier 4)

Visa Decision Time

Around 3 weeks (can vary)


MBA in Finance in UK: Scholarship Deadline for 2025

If you're planning to pursue an MBA in Finance in UK, applying early for scholarships is key. Deadlines usually start as early as September of the previous year. 

Scholarship Type

Details

Government-Funded

  • Chevening Scholarships – Fully funded, for leaders with strong academics.
  • Commonwealth Scholarships – For students from Commonwealth nations.

University-Specific

Offered by universities like Brunel, Aston, based on merit or financial need.

Private/Institution-Specific

Funded by firms/foundations

Merit & Need-Based

Based on academic performance or financial need.


Why Choose an MBA in Finance in UK?

An MBA in Finance in UK offers students a short course duration, global recognition, a high-paying salary package, and more. The following points represent some of the key points that reflect benefits of doing an MBA in the UK. 

  • High-Quality Education:  Quality of education is top-class, with experienced faculty.
  • 1-Year Program: Short time period, saves time and money.
  • Lower Tuition Fee: Shorter duration, more affordable.
  • Industry Links: Helps candidates in building networks 
  • Specialisations: Various specialization courses.
  • Work Opportunities: Gain experience through part-time jobs and internships.
  • Global Recognition: UK MBA degrees are accepted across the world.

Also Read:

Other Popular Countries for Studying MBA



MBA in UK

MBA in Australia

MBA in Poland

MBA in New Zealand


MBA in Finance in UK: Fees

The table below represents the top university for an MBA in the UK, along with the latest fees and cost of living. 

University

Program

Annual Tuition Fee (USD)

Monthly Living Cost (USD)

University of Cambridge

MBA in Finance

$89,010

$1,142

Imperial College London

MBA in Finance

$87,075

$1,391

University College London (UCL)

MBA

$54,825

$1,391

University of Edinburgh

MBA in Finance

$52,761

$1,164

University of Manchester

MBA in Finance

$61,920

$1,097

University of Glasgow

MBA in Finance

$21,466

$1,104

University of Southampton

MBA in Finance

$54,167

$1,137

University of Birmingham

MBA in Finance

$46,246

$990

University of Warwick

Full-time MBA

$45,795

$1,001

University of Leeds

Full-time MBA

$47,085

$1,031

University of Nottingham

Full-time MBA

$41,796

$1,050


MBA in Finance in UK:  Qualification

To apply for an MBA in Finance in UK, candidates must meet several academic, professional, and financial requirements. Here's a simplified table. 

Criteria

Details

Academic Background

Bachelor’s degree in business, finance, economics, or a related field

Work Experience

2–5 years of relevant professional experience

English Proficiency

IELTS: 6.5–7.5 or TOEFL equivalent 

Supporting Documents

SOP detailing goals, 2–3 LORs, updated resume/CV.

Financial Proof

Evidence of funds or scholarships to cover tuition and living costs.


MBA in Finance in UK: Eligibility Criteria – Category-wise

Eligibility for an MBA in Finance in UK differs for fresh graduates and working professionals. Here's a quick view based on Category-wise.

Category

Eligibility

Freshers

Some universities accept 0–2 years of work experience

Experienced

Preferred by top B-schools (2–5 years recommended)

IELTS/TOEFL

IELTS 6.5+, TOEFL 90+


MBA in Finance in UK: Application Process

The following points guide you step by step before applying for an MBA in Finance in UK


Step 1: Research and Plan

  • Identify universities offering an MBA in Finance.
  • Check their requirements, deadlines, and intake seasons (usually January and September).
  • Apply early as seats fill up quickly.

Step 2: Check Eligibility

  • Academic Qualification: Bachelor’s degree with a minimum GPA (around 3.0 on a 4.0 scale).
  • Work Experience: 2–5 years preferred; some universities accept freshers.
  • GMAT/GRE: May be required or optional based on the university.
  • English Proficiency: IELTS (6.5+) or TOEFL (90+) for international applicants.

Step 3: Prepare Documents

  • Academic transcripts
  • GMAT/GRE and IELTS/TOEFL scores
  • CV or resume
  • Statement of Purpose (SOP)
  • 2–3 Letters of Recommendation (LORs)

Step 4: Submit Application

  • Fill out the university’s online application form
  • Upload all required documents
  • Pay the application fee

Step 5: Post-Application

  • Track your application status regularly
  • Attend interviews if called by the university
  • Accept the offer within the deadline

Step 6: Apply for Visa

  • Once you receive your offer letter, begin the UK Student Visa process.


MBA in Finance in UK: GMAT/GRE Requirements

Many top universities offering an MBA in Finance in UK prefer GMAT or GRE scores, and some may offer waivers based on work experience or academic performance.

Test

Score Range

Note

GMAT

600–730

Preferred by many top business schools

GRE

310–330

Accepted as an alternative to the GMAT

Waiver

Available at some universities

Based on experience or strong academics


MBA in Finance in UK: SOP, LOR, and Resume

For an MBA in Finance in UK, your application must include strong supporting documents that reflect your goals, background, and potential.

Document

Details

SOP

Clearly explain your career goals, why you chose this MBA, and why the UK.

LOR

Usually 2 letters from academic or professional references.

Resume

Highlight education, work experience, internships, and key projects.


MBA in Finance in UK: University-Specific Admission Steps

Admission steps for an MBA in Finance in UK can vary by university. However, before applying, it is advised to check the official website. 

University

Admission Process

London Business School

Requires a video essay and a formal interview.

Oxford (Saïd Business School)

Includes a Kira Talent video interview and an application fee.

Warwick Business School

Follows a rolling application process with a Skype interview.


MBA in Finance in UK: Entrance Exams

To get into an MBA in Finance in UK, candidates need to meet the following requirements. 

Requirement

Details

GMAT

The most accepted exam for an MBA

GRE

Accepted by some universities as an alternative to the GMAT.

GMAT/GRE Waiver

Possible if you have 3–8 years of strong, relevant work experience.

English Proficiency

IELTS (6.5–7.5) or TOEFL (90+)


MBA in Finance in UK: GMAT Preparation Strategy

The table below represents some useful tips for GMAT preparation. 

Steps

Key Point

Set a Target Score

Research average scores

Create a Study Plan

Make a schedule and focus on weak areas.

Master Basics

Build math and grammar foundations

Take Mock Tests

Practice full-length tests 

Time Management

Set a timer for each section


MBA in Finance in UK: IELTS/TOEFL Tips

For Indian students, scoring well in IELTS or TOEFL is essential to get into a good MBA in Finance in UK. Here are some quick tips to improve your preparation.

Tip

What to Do

Practice Speaking

Talk in English with friends.

Watch English Content

Follow English news, shows, or movies.

Take Mock Tests

Practice tests regularly.

Improve Vocabulary

Learn new words and use them in context.


MBA in Finance in UK: Cutoff

Different universities in the UK ask for different GMAT and IELTS scores. It depends on how competitive the course is and the university's rank. Getting a good score can improve your chances of getting admission.


MBA in Finance in UK: GMAT Cutoff

The table below represents the average GMAT score required for top MBA universities in the UK, along with the QS world ranking

University Name

Average GMAT Score

QS World Ranking (2025)

London Business School

710

1

University of Cambridge

690

2

University of Oxford

680

3

Imperial College London

650

6

Warwick Business School

650

8

Alliance Manchester Business School

600

10

Bayes Business School

600

11

Cranfield School of Management

630

14

Durham University Business School

610

16


MBA in Finance in UK: IELTS/TOEFL Score Cutoffs

The table below represents IELTS/TOEFL Score Cutoffs for top universities that offer an MBA in Finance in UK.

Top universities in the UK

TOEFL cut-off for top universities in the UK

Imperial College London

Minimum TOEFL iBT score: 100+

University of Oxford

Minimum TOEFL iBT score: 100 – 110+

University of Cambridge

Minimum TOEFL iBT score: 100 – 110+

University College London (UCL)

Minimum TOEFL iBT score: 92 – 109+

University of Edinburgh

Minimum TOEFL iBT score: 92+

University of Manchester

Minimum TOEFL iBT score: 90 - 100+

King's College London

Minimum TOEFL iBT score: 100+

The London School of Economics and Political Science (LSE)

Minimum TOEFL iBT score: 107+

University of Bristol

Minimum TOEFL iBT score: 90+

The University of Warwick

Minimum TOEFL iBT score: 92+


 MBA in Finance in UK: Course Seats

The public and private university that offers an MBA in Finance in UK has their own class size, as it depends on various factors. The table below represents the number of students who attend public universities. 


Public Universities – MBA in Finance

Rank

University

Approx. Cohort Size

International Student Share

1

London Business School (LBS)

400/year

60% intl

2

University of Cambridge (Judge)

210 (96% intl) 

96%

3

University of Oxford (Said)

340 cohort

50%

4

Imperial College Business School

300

70%

5

University of Manchester (Alliance MBS)

200

50%

6

University of Warwick (WBS)

240

50%

7

University of Edinburgh Business School

180

50%

8

Cranfield School of Management

100

45%

9

University of Leeds (Said Business School)

150

40%

10

University of Durham Business School

100

40%


MBA in Finance in UK Syllabus

The table below represents the MBA in Finance in UK syllabus. 

Category

Subjects Covered

Core Business Subjects

Business Strategy, Marketing, Operations, Global Leadership, Accounting

Finance Specialization

Corporate Finance, Financial Accounting, Investment Management, Risk Management

Advanced Finance Topics

Taxation, Strategic Financial Management, Financial Markets, International Finance

Practical Elements

Financial Modeling, M&A Projects, Consultancy Projects

Learning Focus

Application-based learning and case studies


MBA in Finance in UK: Core Courses

Some of the core subjects in an MBA include

  • Business Strategy
  • Marketing, Operations
  • Global Leadership
  • Accounting


MBA in Finance in UK: Electives & Specializations

Some of the specialization courses in an MBA include

  • FinTech and Innovation
  • International Banking
  • Risk Management
  • Sustainable Finance
  • Investment Management
  • Corporate Finance


Best Universities for MBA in Finance in UK

The list of the top 10 MBA in Finance colleges in the UK according to QS World Ranking for Accounting & Finance is as follows: 

University 

QS World University Ranking 2024(Accounting & Finance)

University of Oxford

4

University of Cambridge

6

The London School of Economics and Political Science (LSE)

7

London Business School 

13

Imperial College London 

20

University of Manchester 

22

University of Warwick 

37

UCL

45

University of Edinburgh 

46

University of Glasgow

67


MBA in Finance in UK: Public Universities

The following table represents public MBA universities in the UK along with their locations.

University Name

Location

University of Warwick (Warwick Business School)

Coventry, England

University of Edinburgh (Business School)

Edinburgh, Scotland

University of Manchester (Alliance Manchester B-School)

Manchester, England

University of Birmingham

Birmingham, England

Durham University (Business School)

Durham, England

University of Leeds

Leeds, England

University of Glasgow

Glasgow, Scotland

University of Bristol

Bristol, England

University of Southampton

Southampton, England

University of Hertfordshire

Hatfield, England

Coventry University

Coventry, England

University of Sunderland

Sunderland, England

University of East London

London, England


MBA in Finance in UK: Private B-Schools

The following table lists some of the top MBA private universities in Finance in the UK, along with their locations.

University Name

Location

London Business School (LBS)

London

Saïd Business School, University of Oxford

Oxford

Judge Business School, University of Cambridge

Cambridge

Imperial College Business School

London

Warwick Business School

Coventry

Cranfield School of Management

Cranfield

Alliance Manchester Business School

Manchester

Bayes Business School

London


MBA in Finance in UK vs MBA in Finance in India

The data shown below represents a comparison between the MBA in Finance in UK vs the MBA in Finance in India. 

Feature

UK MBA in Finance

India MBA (IIM)

Duration

1 year

2 years

Cost (Total)

$60K–$100K

$15K–$30K

Avg Salary

$90K–$105K

$25K–$45K

International Value

Very High

Medium


Career Scope After an MBA in Finance in UK

An MBA in Finance in the UK opens doors to well-paying jobs across banking, consulting, and the FinTech industry.

Career Path

Role Examples

Investment Banking

Investment Analyst, Corporate Financier

Corporate Finance

Financial Manager, Financial Controller

Risk Management

Risk Analyst, Risk Manager

Wealth Management

Wealth Advisor, Portfolio Manager

FinTech

Product Manager, FinTech Analyst

Consulting

Strategy Consultant, Financial Consultant

Financial Services

Analyst, Associate, Asset Manager


MBA in Finance in UK: Top Recruiters

Some of the top recruiters for an MBA in finance are

  • Goldman Sachs
  • JP Morgan Chase & Co.
  • BlackRock Inc.
  • Citigroup Inc.
  • Deutsche Bank AG


MBA in Finance in UK: Salary Package

The following table provides MBA salaries in the UK along with different job roles

Job Role

Salary Range (USD)

Average Salary (USD)

Project Manager

$41,600 – $104,000

$62,261

Operations Manager

$36,400 – $122,200

$58,115

Management Consultant

$55,900 – $145,600

$81,445

Finance Manager

$46,800 – $91,000

$65,520

Business Development Manager

$35,100 – $92,300

$56,967

Senior Product Manager

$76,700 – $136,500

$103,172


MBA in Finance in UK: Average Salary for Indian Students

Job Role

Avg Salary (GBP/year)

Avg Salary (INR/year)

Investment Banker

£50,000 – £100,000

₹4.35 L – ₹8.70 L 

Finance Manager

£40,000 – £70,000

₹3.48 L – ₹6.09 L 

Financial Analyst

£30,000 – £45,000

₹2.61 L – ₹3.91 L

Financial Controller

£40,000 – £84,000

₹3.48 L – ₹7.31 L 

Risk Manager / Analyst

£35,000 – £60,000

₹3.04 L – ₹5.22 L

Portfolio Manager

£80,000 – £120,000

₹6.96 L – ₹10.44 L


Frequently Asked Questions

Ques: What is the duration of an MBA in Finance in UK?

Ans: Most MBA in Finance programs in the UK are 1-year full-time courses. This short duration helps students save both time and money.


Ques: Do I need work experience to apply for an MBA in Finance in UK?

Ans: Yes, 2–5 years of work experience is preferred by top UK universities like London Business School or Oxford. However, some universities also accept freshers with 0–2 years of experience.


Ques: How much does an MBA in Finance cost in the UK?

Ans: Tuition fees usually range from $45,000 to $1,00,000 depending on the university. Additionally, living costs can range from $15,000 to $20,000 per year.


Ques: What is the average salary after an MBA in Finance in UK for Indian students?

Ans: Indian students can expect an average salary of £40,000 to £100,000 per year, depending on the job role. 


Ques: Which entrance exams are required for MBA in Finance in UK?

Ans: Most universities accept GMAT (600–730) or GRE (310–330). Some also offer GMAT/GRE waivers if you have strong academics or work experience. For English proficiency, IELTS (6.5+) or TOEFL (90+) is required.