UK is a heavyweight in the world of higher education, and one of Europe’s biggest hitters in the world of business. Business schools hold a level of international cachet matched by few nations in the world. While the country’s imminent departure from the European Union has caused a degree of uncertainty in the business world, it seems safe to say the country’s institutions of business education will continue to be esteemed among the world’s best. While London looms large over the nation’s business landscape, there are plenty of prestigious options across this island nation like Saïd Business School, University of Oxford, Judge Business School, University of Cambridge
Thus, adding a fundamental reason to choose business programs in the UK and experience working in the global market. Additionally, more than 25 multinational organisations are headquartered in the UK, making it the vantage point for world market exposure.
More than 50 best business schools in the UK have made it to the QS Rankings 2020. Tabulated below are the top business schools in UK business schools along with their rankings
|Business Schools in UK||FT Rankings||QS Rankings||Degrees offered|
|London Business School||#7||#3||6 Master’s degree, 5 Ph.D. programs in relevant field|
|University of Cambridge||#19||#8||1 Undergraduate degree, 6 Postgraduate degrees and several relative postdoctoral degrees|
|London School of Economics and Political Science (LSE)||-||#10||2 Undergraduate degrees, 5 postgraduate degrees, 4 doctoral degrees|
|University of Oxford (Saïd)||#21||#11||1 Undergraduate degree, 4 Postgraduate degrees and several relevant postdoctoral degrees|
|University of Warwick||#43||#23||3 Undergraduate degrees, 10 Postgraduate programs, 2 Doctoral degrees|
The top business schools in UK offer an abode of specializations at undergraduate, postgraduate and doctoral levels. Thus, tailoring absolute return of investment for international students aspiring to pursue business studies in this country. Some of the degree types and specializations offered to study abroad in UK listed below:
|Undergraduate||BA (Hons)||Economics and Management|
|BSc (Hons)||IT Management for Business|
|Postgraduate||MSc||International Business and Management|
|Business Analysis and Strategic Management|
|Management of Information Systems and Digital Innovation|
|Marketing and Strategy|
|Business and Finance|
|Master of Studies||Entrepreneurship|
|MBA||International Business, Finance, etc|
|Doctorate||Doctor of Business Administration||International Business|
Additionally, universities in the UK provide executive diploma or graduate certificate programs helping professionals to enhance their prospects in relevant fields. These programs are comparatively shorter in duration than other degree programs.
Some of the best business schools in the UK provide a multitude of undergraduate programs. Most of the courses are 3 to 4 years in duration. Universities also allow students to enrol in intercalated programs in the third or fourth year of study with partner universities abroad.
Below are the details of the best undergraduate business schools in UK for international students:
|Program||University||Program Duration (in years)||Tuition fees (in GBP per year)|
|BA (Hons) Business||University of Strathclyde||4||15,300|
|BSc (Hons) International Management||University of Manchester(Alliance Manchester Business School)||4||announced along with admissions|
|BSc Management||University of Warwick (Warwick Business School)||3||25,770|
|BSc Mathematics, Statistics and Business||London School of Economics and Political Science||3||21,570|
|BA (Business and Management)||Durham University Business School||3||21,500|
Post completion, graduates can seek jobs in diverse sectors like health, construction, fashion, grocery etc. The initial pay band is £25,000- £27,000 per year, depending on industry-specific knowledge and skills of the candidates. Hence to upscale, students usually opt for further studies like International Business Management or MBA.
Eligibility criteria for international students are specific to their nationality and vary with universities. However, there are some common requirements that applicants need to meet before they apply for Undergraduate programs such as:
Language tests are important for students who are not native English speakers. However, students need to check specific University recommended test-type they need to take. Admissions for undergraduate programs can be made by UCAS portal.
A Postgraduate degree in Business is the ultimate choice for acing entrepreneurial skills. MBA in UK is one of the most popular programs opted at postgraduate level. Business studies in the UK are globally renowned with a larger share of universities making it to the QS Global Rankings repeatedly every year.
|Degree||University||Program duration (in months)||Tuition fees per year (in GBP)|
|MSc in Management and Strategy||London School of Economics||12||29,760|
|MBA||Warwick Business School||12||40,050|
|MSc Management||Alliance Manchester Business School||12||23,000|
|MBA||University of Oxford (Saïd Business School)||12||59,490|
|MBA||London Business School||15-21||87,900|
MBA or postgraduate programs in Business from UK universities represent more than 55% nationalities of the world. Additionally, there are other degrees offered such as:
Aside from this, these universities also provide joint degrees, Executive MBA and Master’s degree with a Major in Management.
MBA is one of the most sought after programs across the globe. As per QS Salary trend reports, the UK has been featured as the fifth highest payer for MBA degree holders. 90% of the MBA graduates from UK tend to find a job within a minimum of 3 months of time post completion of the degree. Given below is a graph giving the weighted salaries of top business schools in UK.
To apply for postgraduate program in Business, aspirants need to meet the following requirements:
Apart from this, certain institutions like Warwick Business School and University of Oxford expect 2-3 years of professional experience.
Tuition fees for master’s programmes or MBA from business schools in UK vary between £29,000- £88,000 per academic year.
Doctoral degrees allow students to be experts in a particular field of study. With the availability of student loans and University scholarship in the UK, this degree has become exceptionally more accessible. Here is a list of some popular degrees for PhD in UK:
|Degree||University||Program duration (in years)||Yearly fees (in £)|
|PhD in Management Science and Operations||London Business School||5||May not be required for students who complete in 4 years|
|DPhil in Management||University of Oxford||3-4||20,920|
|Doctor of Business Administration||Warwick Business School||5||27,000|
|PhD in Management Program||City University of London (CASS Business School)||4||9,700|
|Business Doctorate||University of Cambridge||4||80,000|
Admission committees decide upon the candidature for DPhil or PhD programs based on a student’s performance in the interview process. This is alongside academic qualification and language requirements.
Eligibility criteria for Doctoral programs are stated below:
Additionally, there are other specific mandates for Doctorate programs pertaining to each university.
Tuition fees for Doctorate programs at business schools in UK range between £21,000 and £80,000 for each year.
For an international student, apart from tuition fees, the cost of living is an added expense. However, scholarships can reduce the overall cost of studying in the UK. Scholarships provided at different educational levels by business schools in UK are listed below:
|Scholarship||Organization||Eligible students||Scholarship Amount (in £)|
|Cass Business School International Scholarship||City University of London (CASS Business School)||Overseas students applying for the undergraduate program in business||2,000|
|GREAT Scholarship||British Council||All undergraduate programs||10,000|
|The Skoll Scholarship||Skoll Foundation||Students applying for MBA from University of Oxford||14,985|
|BrokerFish International Student Scholarship||IEFA||All programs||1,000|
|WBS Scholarship||Warwick Business School||Students applying for PhD in Business and Management||-|
The procedure to obtain a Scholarship from business schools in UK is quite competitive. As a fact, students need to demonstrate their intellect and purpose behind an individual study.
With world-class educational quality and a global market to offer, 80% of the graduate jobs are in the business sector. Having said that, employers also provide graduate training programs for retaining students in commercial roles.
Here’s a detailed account of probable job roles and salary packages after graduating from Business Colleges in UK:
|Job Role||Annual Package (in GBP)|
|Management Consultant||Entry-level: 25,000-30,000|
|5 years’ experience: 50,000|
|+10 years’ experience: 125,000|
|Business Development Manager||Entry-level: 22,000-25,000|
|Asset Protection Associate||151,000|
|Financial Manager||60,000-100,000 and more|
|Operational Researcher||100,000 and higher|
To sum up, business studies from globally renowned universities or MBA colleges in UK is a profitable deal. This is in terms of future prospects for research studies and jobs. However, students need to adhere to university-specific requirements to crack the deal for admissions or even achieving a scholarship.