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Within the past week there have been further changes to UKBA Student visa regulations. Our MBA Careers Manager, Irene Aitkenhead Taylor explains:

“Hi All

Further to my recent post re UK visa requirements, the following good news was announced last month………evidence that the UK Government has is starting to understand the value that highly qualified MBA students can bring to the UK:

“From 6 April 2013, the Tier 1 (Graduate entrepreneur) route is being expanded to include an additional 1,000 places for talented MBA graduates from UK Higher Education Institutions.
This means the new allocations for 2013-2014 will be as follows:

•        900 places will be allocated to qualifying Higher Education Institutions for the purpose of endorsing graduates in any subject;

•         1,000 places will be allocated to qualifying Higher Education Institutions for the purpose of endorsing MBA graduates; and

•         100 places will be allocated to UKTI for the purpose of endorsing overseas graduates.

We are also introducing provision for you to apply from overseas (so long as it is still within 12 months of your graduation) and other minor improvements to the category.”

More information and details of requirements (a long and detailed read!) can be found at:

http://www.ukba.homeoffice.gov.uk/visas-immigration/working/tier1/graduate-entrepreneur/

Worth noting that the only financial requirements are evidence of at least £1,800 in your bank account over the 3 months prior to application.  Previously substantial investment funds had to be guaranteed.
At Strathclyde we really support entrepreneurship through the Strathclyde Entrepreneurial Network, and MBA students have the opportunity to serve on a panel which supports and advises young entrepreneurs on business plans and pitches for funding.  In fact the Enterprise Adviser, Josh Sauter, is one of our alumni from 2011.

So, good ideas, energy and initiative?…………….you know where to come. ”