In recent years, the UK has consistently been named the most popular MBA study destination in Europe, and placed second globally in the QS TopMBA.com Applicant Survey, with the US first and Canada third.
This reflects UK business schools' international reputation not only for a rigorous academic approach but for high salaries and excellent job opportunities after graduating. After all London is one of the world's leading finance and banking centres and other regions of the UK have excellent opportunities in the services industry.
However, the recession has had an impact on the UK's employment statistics. No major financial powerhouse such as London, with the knock-on effect for the rest of the country, could come out of such a banking-induced crisis without feeling some pain.
Despite this, the UK has shown a great deal of durability.