MBA in University of Richmond

  • Duration : 1 Year
  • Intake : September, January
  • Level : Postgraduate
  • Tuition & fees : £ 16,000 Per Year
  • IELTS : 6.5
  • TOEFL : 87
  • PTE : 62


About MBA in University of Richmond

Programme Overview

Are you an ambitious professional wishing to transform your career? Our MBA is aimed at developing you into a global leader who makes an immediate impact in business. You will learn to manage complex challenges, from getting the most out of your team to providing innovative solutions for a broad range of businesses, and gain one of the most respected degrees in the world.

Based at our Kensington campus, the Richmond MBA is offered on a full-time, 12 or 16 month basis or part-time over two years on a flexible, day-time schedule. Both programmes can be started in September or January.

Study one programme, gain two degrees. Richmond uniquely awards a UK and US qualification for all graduates, including MBA students.

Not only that, but you’ll receive a dual award providing professional recognition from the Chartered Management Institute (CMI) in Management and Leadership. The CMI is the only Chartered professional body in the UK dedicated to promoting the highest standards in management and leadership excellence.

Our MBA will provide you with a thorough grasp of financial management, business economics and how to manage both organisations and people. You’ll move on to examine the principles of strategic management, how to implement global marketing strategies and conduct business research. Choose specialisms from a fascinatingly diverse range of electives, including ethical marketing and sustainable business; leading, mentoring and coaching and entrepreneurship and innovation management. You’ll then be able to choose the topic for your professional project, with or without an internship.

The MBA faculty team at Richmond, which includes both academics and experienced industry professionals, is collaborative and supportive. They practice the latest teaching methods which stimulate critical thinking and creativity and encourage you to explore boundaries in your thinking and actions.

Learning alongside an international cohort of students will also enable you to share fresh perspectives on similar problems and build lasting business networks.

This dynamic learning experience is enhanced with visits to leading international businesses and highly qualified guest speakers who share their industry experience and advice with our MBA students.

The programme is distinctive as it combines the best aspects of American business education (relying on a significant amount of case study material) with UK expectations of rigour and process in assessment.

You’ll be assessed through individual and group projects. Assessment includes reports, presentations and competitions, enabling you to develop the skills to master a myriad of situations in the world of business administration and strategic business management.

Top 5 reasons to study this programme

  • Develop your ability to manage strategically both a business and teams within the workplace
  • Gain financial acumen by learning how to apply metrics and tools used within a business for financial analysis and control
  • Combine the best of American business education through case studies with UK focus on rigour and process
  • Apply business principles to real-life situations through case studies and projects
  • Experience an integrated internship which will prepare you for a future business career

Career Paths

American Express, BP, Citroen Algeria, Coca-Cola Servicios de Colombia, Credit Suisse, Glencore India Pvt Ltd, Laura Ashley Foundation, Merrill Lynch, Royal Bank of Scotland, Standard Chartered Bank, UBS, and the United Nations

Further Education

PhD, Parsons School of Design – New York, Central St Martins -UAL, London Business School, LSE, etc…

Academic qualification equivalents

  • A first degree in any discipline with a minimum classification of 2.2 (Lower Second Class Honours) or its international equivalent

English language requirements (one of the below):

  • IELTS         :     6.5 with 6.0 in Reading, Listening, Speaking and Writing
  • TOEFL       :     87 with 21 Listening, 22 in Reading, 21 Writing, 21 Speaking
  • PTE            :     62 with 60 in Reading, Listening, Speaking and Writing

University of Richmond Highlights

Year of foundation 1830
Location Virginia
Student Faculty ratio 8: 1
Average Class Size 16
Average Graduation Rate 88%
Acceptance rate 30%
Student Retention Rate 94%

University of Richmond The Average Tuition Fees And Other Expenses

The table tabulated below shows the estimated cost of attendance.

Expenses Amount (USD)
Tuition Fees 56,860
General Fees 475
Room and Board (on Campus) (6600+7780) 14,380
Books and Supplies 1,200
Personal Expenses and Transportation 2,500

Know more about Studying in UK

Tuition Fees in UK (1st Year Average) MS: £17276 | MBA: £17276 | BE/Btech: £16632 | BBA: £15130 | BSc: £16632 | MFin: £19000 | MA: £15560 | MIM: £18241 | MEM: £16950 | MArch: £14271 | BHM: £12662 | MIS: £15344 | MEng: £12876 | MBBS: £28865| MPharm: £15452
Average Accomodation & Food Costs in UK £850 to £1,050 a month
Entrance Exams in UK TOEFL: 88 | IELTS: 6.5 | PTE: 59 | GMAT: 590
Work and Study in UK Permitted for 20 hours/week with a valid study permit.
Post Study Work Permit in UK 2 Year after graduation depending on the course.
Cost of Student Visa in UK £348
Student Visa in UK Your nationality, duration of your stay and purpose of your stay are the three essential factors for UK visa. For Non-EU students UK visa is mandatory.
Intakes in UK There are mainly two intakes in UK: January/February & September/October.
Top Job Sectors in UK IT Engineering, Product Design, Mobile Development, Designers, Logistics, etc.
Economy in UK Growth Rate: 1.3% (2018) 1.4% (2019) 1.4% (2020e), 6th Largest Economy in the World by Nominal
Fees components - (1st year Fees and expense)

Tuition & fees :

£ 16,000

Total

£ 16,000