Monday, Dec 26
The search for the best MBA programme for you might be intimidating. You rapidly learn from your initial web research that the US or the UK are the top study destinations for studying an MBA.
Making a choice between the UK and the USA could be difficult given that both have outstanding MBA histories, whether it be in terms of academic standards, ROI, or post-study employment chances.
You might even be tempted to believe that, ultimately, it wouldn't matter whether you obtained your MBA in the US or the UK. However, that is not the case, as there are several benefits of pursuing an MBA in the US vs the UK.
Various universities may have different requirements for admission. The following are the requirements you must meet in order to study at either of the locations:
3 years UG study at an accredited institution
4 years UG study at an accredited institution
The educational system in the UK rigorously follows the classical curriculum, which places a greater emphasis on theory than on practical application. This gives you the freedom to select from a wider range of topics that you might find fascinating.
Students who pursue an MBA in the USA, on the other hand, have the option of gaining real-world experience. You will still have the freedom to venture into history, the liberal arts, etc. There is also room for networking and research. In order to further their education, students are offered guest lectures and seminars.
The cost of living varies depending on your lifestyle, region, and the university or programme you choose. While housing and tuition are the two biggest costs, you also need to factor in transportation, utilities, and food. The ideal option to cover your expenditures is to work full or part-time while on vacation (if allowed). The average costs are as follows:
$10,000 to $15,000 per year
$10,000 and $15,000
$10,000 to $15,000 per year
$2,500 to $5,000
In the United States, part-time employment is permitted at all institutions. You can only work on-campus for 20 hours per week for the first year of your F-1 visa status. Then, you are permitted to work a maximum of forty hours per week for your first summer break.
After a year, you can find employment outside of campus. However, bear in mind that the US Citizenship and Immigration Service has issued tight standards for this, which you must review while seeking a job.
One of the most popular career paths today is to pursue an MBA abroad. In addition to preparing you for a management role right away, it also pays well.
Annual Salary of an MBA Graduate
$65,000 and $85,000
$80,000 to $1,20,000
The MBA is a rigorous degree, so keep that in mind. Thus, the type of job you obtain and the salary you receive are determined by both the college you'll graduate from and your employment history.
The majority of MBA programmes in the UK are of 1-year duration, with the exception of those at London Business School, where the duration are between 15 and 21 months.
The average MBA programme in the US lasts two years. A part-time MBA programme, however, might last for about three years.
You should stay informed because immigration laws in the UK and the USA are liable to change on a regular basis.
When it comes to granting international students visas, the USA is more restrictive. Your chances of entering either country, though, are essentially the same because the competition to enter the UK is so much greater.
It's necessary to keep in mind that
The UK and the US are both fantastic places to earn an MBA. However, you should always take into account your job goals, demands, and priorities when choosing between two similarly good solutions. The person who will ultimately gain the greatest benefit from an MBA degree, whether it is from the UK or the USA, is you.