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How You Can Get An MBA Without Work Experience In 2021

There are options out there for students that want to go straight from UG into an MBA.

First of all, let’s start with a brief explanation of what an MBA is.


MBA (Masters of Business Administration) is a prestigious postgraduate qualification.


It will provide you with an overview of key business practices and is highly valued by top potential employers.


Programmes are generally intense and consist of core and optional modules and a dissertation or work-based project.


You'll be assessed through exams, essays and group activities.


You'll learn how to carry out operational management, develop a marketing strategy, do strategic planning, lead a team, and read and assess financial reports.


Some courses will also include an executive company project or placement opportunities.


While other postgraduate programmes are far more heavily dependent on classroom and/or laboratory-based activities such as lectures, tutorials and seminars, MBAs are dominated by case studies, group work and real-world projects.


Upon completion of an MBA, graduates would expect a better overall salary, improved professional reputation and a massively expanded network of business contacts.


It’s perfect for graduates with ambitions of a high-flying career in the world of business.


Even if you are looking to start a business of your own, an MBA is well worth it.


It will provide you with an overview of key business practices and is highly valued by top potential employers.


Work Experience


Typically, an MBA is not seen as an entry-level qualification.


Usually, you’d have 3-5 years professional business/management experience under your belt.


The average age of students on top-ranking MBA courses is typically between 27 and 30.


So, if you’ve just completed your undergraduate degree, you’re probably thinking that an MBA is not for you.


Think again!


There are options out there for students that want to go straight from UG into an MBA.


Typically this student will have a very clear career path in mind and are certain that an MBA will help them achieve that.


It’s also possible that this student wishes to study an MBA to then go and run the family business.


Both valid, and both achievable!



Freshers MBA


If you haven’t got work experience, you might be thinking, “how will an MBA benefit me?”


To start with, it will allow you to enter the corporate world at an entry-level or mid-management position.


You’ll still be able to develop analytical, managerial and communication skills.


You’ll still grow a valuable network of contacts and gain industry experience, perfectly setting you up for a job after graduation.


There are more universities in the UK than you probably think that offer an MBA for freshers.


Best of all, they mostly accept students from any academic background.


So, if you’ve studied engineering at the bachelors level, but wish to pursue a career in management, you have two options; a freshers MBA, or Engineering Management.


Depending on where you see your future career, you could study either course and gain a great qualification.


Cost


MBAs are often misconceived as being super expensive, almost unattainable and certainly a big risk when it comes to your return on investment.


An MBA at the prestigious London Business School will set you back a whopping £88,000.


A 12 month MBA at Cambridge University will cost you around £60,000 for the tuition fees alone!


So, yes, they are expensive.


However, there are MBA options for students with a more modest budget.


For a mid-ranked institution in the UK, you’d expect to pay around £16,000 for an MBA, which is only a few thousand pounds more than a regular Masters Degree… when you put it like that, it doesn’t seem too unattainable at all!


For a mid-ranked institution in the UK, you’d expect to pay around £16,000 for an MBA,


Job Opportunities


The question we get asked the most is, “what job opportunities will this degree bring me?” And rightfully so.


If you’ve chosen an MBA, you’ll already be business-minded and so you’re right to be asking what your return on investment is.


The economy has taken a hit due to Covid-19 and as a result of this, the UK will be in need of skilled managers to lead the country back into positive economic growth.