MBA Provision and HSMP

Brief Summary of MBA Provision
It was announced in the UK Budget Report of 2004 that graduates from one of the 50 selected MBA course, will be from the 12th of April 2005 eligible to stay in the UK for 1 year under the MBA provision of the Highly Skilled Migrant Program (HSMP). This would allow them to start working after they have qualified. After this period, an extension for up to 3 years can be obtained if the applicants still fulfill the same criteria. This can be followed by a demand for permanent residency in the UK.

They may apply for a three-year extension. After that, they may apply for unlimited leave to remain (permanent residence).

HSMP
The main goal of the HSMP is to get professionals with high qualification and skills from outside the EU to come to work in the UK. For more information see our HSMP section.

The MBA provision (Masters in Business Administration)
The MBA provision’s goal is to attract highly qualified and capable managers to come to work in the UK as it has been difficult to find such professionals within the UK or EU. The Masters in Business Administration is one of the most esteemed and renowned management qualifications.

People who may qualify
Those who graduate from one of the eligible MBA programmes at the time it is on the list will be permitted to apply for the MBA provision.
You should know that you can only apply for a MBA provision if you have qualified from one of the 50 eligible MBA course at the time it appeared on the list. The list was published on the 2nd of December 2004; so if you have qualified before this date you cannot apply for a MBA provision. However, as you have graduated from a top MBA, you can still obtain a number of points towards the 75 points for the HSMP. See regular HSMP. If you have not graduated yet, you can send a letter from your tutor.

Conditions

You are a graduate from one of the eligible business school while it appears on the list published from the 2nd of December 2004.
You must have obtained an MBA degree, other graduation will not be considered.
You will be awarded the minimum 75 points necessary to qualify under HSMP.
Other requirements:
- You’ll carry practicing your chosen career in the UK.
- You should have determined in advance the UK area where you will be working.
- You will be expected to plan to make UK your main home, and being able to support yourself and your dependant without claiming any Public Funds.

Requirements of the HSMP

The list of 50 eligible business school programmes
You will find below the list published from the 2nd of December 2004 by the Treasury in the Pre-budget Report, this list has been edited every year since.
The 50 eligible programs have been determined by looking at the following criteria:

Post-graduation Salaries, as the most effective measure of productivity
Employment, essential if productive potential is to be realised.

If you are not sure whether your MBA qualifies for the provision, contact us.

The list of institutions
The list contains 10 UK institutions and 40 institutions from various parts of the world.
It was important to include institutions from the UK, as many students enter the UK to study. They are already integrated so it’s easier for them to obtain an employment.

The provision isn’t entirely completed; the Government will publish any up-date which you will be able to see here.
The list has been compiled through an assessment of economic impacts only, by observing the effects of employment and income factors, and is correct as of December 2004:

Harvard Business School (USA)
Columbia Business School (USA)
University of Pennsylvania: Wharton (USA)
IMD (SWI)
University of Chicago (USA)
Dartmouth College: Tuck (USA)
Stanford University (USA)
Insead (FR/Sing)
University of Oxford: Said (UK)
MIT: Sloan (USA)
Ashridge (UK)
Northwestern: Kellogg (USA)
London Business School (UK)
New York University: Stern (US)
University of Strathclyde (UK)
IESE Business School (SP)
Yale School of Management (USA)
Warwick Business School (UK)
City University: Cass (UK)
Rotterdam School of Management (Neth)
UC Berkeley: Haas (USA)
University of Cambridge: Judge (UK)
Georgetown University: McDonough (USA)
Instituto de Empresa (SP)
Cornell University: Johnson (USA)
University of Michigan (USA)
Duke University: Fuqua (USA)
University of Virginia: Darden (USA)
Carnegie Mellon University (USA)
SDA Bocconi (IT)
Emory University: Goizueta (USA)
UCLA: Anderson (USA)
Manchester Business School (UK)
Cranfield School of Management (UK)
University of Toronto: Rotman (CAN)
University College Dublin: Smurfit (IRE)
University of Southern California: Marshall (USA)
University of Rochester: Simon (USA)
Vanderbilt University: Owen (USA)
Rice University: Jones (USA)
University of North Carolina: Kenan-Flagler (USA)
Babson College: Olin (USA)
Melbourne Business School (AUS)
Ceibs (CHN)
Australian Graduate School of Management (AUS)
Universiteit Nyenrode (NTH)
University of Western Ontario: Ivey (USA)
Boston University School of Management (USA)
University of Maryland: Smith (USA)
Bradford School of Management/Nimbas (UK/NTH/GER)