Top Business Schools in the UK

Higher education institutions in the United Kingdom are well known for their excellent business programs. The universities here are regarded as significant hubs for business and entrepreneurship. These business schools are famous worldwide for their innovative and creative cultures, academic excellence, and unparalleled global exposure. 

So, if you are interested in applying to prestigious institutes and are looking for the right information to guide you, you are at the correct place. Read on to discover all you need to know about the top business schools in the UK.

Reasons to Pursue Business Schools.

Here are some genuine reasons to consider studying at the best business schools in the UK:

 

Shorter Duration

The MBA program is generally shorter than in the USA and Canada, which saves both time and money.

Top-ranked Business Schools

According to QS Rankings 2022, more than 15 business schools in the UK are globally ranked within the top 100 positions and around 25 in the global top 200. These rankings assure you will receive a quality education.

High Salary Packages

Western Europe offers the second-best salaries to its MBA graduates after the USA.

Specialisations in Demand

There are various popular specialisations like Finance, Consulting, Marketing, and Entrepreneurship, which can help you land lucrative jobs.

Diversity

You get to be a part of a diverse student community from different regions of the world. This exposure to different cultures can broaden your horizons and prepare you for a global career.

Business School Rankings in the UK

There are over 50 business schools that are ranked by annual publication rankings. These schools are ranked based on various criteria, such as academic reputation, employability, research quality, and international outlook. 

Here are some of the top-ranked business schools in the UK

 

University Times Higher Education. (2023)
University of Oxford (Saïd) 3
University of Cambridge 6
London School of Economics and Political Science (LSE) 10
University of Warwick 24
UCL (University College London) 23
University of Edinburgh 58
University of Manchester 36
King’s College London 56
University of Nottingham  67
University of Surrey 67

 

Best Business Degrees

You get a variety of specializations at the undergraduate, postgraduate, and doctoral levels. 

Whether you’re interested in finance, marketing, or entrepreneurship, the best MBA programs in the UK offer various courses. You can choose the degree program that fits your interests and career goals while also getting a good return on your investment.

Some of the most popular degree types and specializations include 

Undergraduate

  • BA (Hons) Economics and Management
  • BSc (Hons) IT Management for Business
  • BSc (Management, International Business, or International Management)

Postgraduate

  • MSc (Management, Business and Finance, International Business and Management, Business Analysis and Strategic Management, Management of Information Systems and Digital Innovation, Marketing, and Strategy)
  • Executive MBA
  • MBA International Business, Finance, and more.
  • MPhil (Management)

Note: UK universities also offer executive diploma or graduate certificate programs that can help professionals enhance their skills and career prospects in relevant fields. 

Moreover, if you’re interested in maximizing your earning potential, you should  consider the above-mentioned business schools with the highest graduate salaries. These schools have a strong track record of shaping great careers in the business world, providing valuable networking opportunities and access to top employers in your field.

Business School Admissions Requirements

When applying to a business school, following the right application procedure is essential. This includes meeting the business school application deadlines and keeping up with the eligibility criteria.

Here are some eligibility criteria to consider. 

Undergraduate Programs

Eligibility criteria for international students vary with universities. However, applicants need to meet some common requirements before applying for undergraduate programs, including

  • Qualifications required: At least 70% to 75% in classes X and XII/Higher Secondary Certificate.
  • Language proficiency required: IELTS-7.0(overall 6.5)/ PTE-75 (minimum 59 in each component)/ CAE-grade A/ CPE-grade C. These Language tests are important for non-native English speakers.

Note: Students are advised to check specific university-recommended test types. 

Besides that, admissions for undergraduate programs can be made through the UCAS portal.

Postgraduate Programs

  • Admission test: GMAT or GRE (only for MBA programs)
  • Academic qualification: Bachelor’s degree with at least 60%-69% mark in an honours subject
  • Language requirements: CAE- grade B, CPE- grade C, PTE- 66-73, IELTS-7.0, TOEFL (internet-based)- 100
  • Some institutions, such as Warwick Business School and the University of Oxford, may require 2-3 years of professional experience.

Doctoral Programs

  • Candidates need to have a good academic profile with a 2.1 to 3.0 GPA (in the undergraduate course) and a minimum upper second class (average 60%-69%) in MBA or a Master’s degree (in a relevant subject).
  • Admission tests such as GMAT or GRE with at least 80 percentile are required. 
  • Applicants must meet the language requirements with a minimum score of IELTS-7.0, TOEFL-100, or PTE-66.

It’s important to note that each university may have additional specific mandates for their Doctorate programs that applicants must meet.

Scope of Business Studies

Business schools with the best job prospects are in high demand due to the global market and the world-class educational quality they offer. 

As 75 to 80% of graduate jobs are in the business sector, employers provide graduate training programs to retain students in commercial roles.

Furthermore, according to the data, PG graduates in the UK earn 29% more than undergraduates, while PhD holders in business earn 23% more than postgraduates. 

Here are some top job roles and annual salary packages to consider:

 

Role Annual Package (in GBP)
Management Consultant: 25,000 to 125,000 (Entry-level to 10+ years’ experience)
Audit Manager 50,000 to 70,000
Business Analyst 37,000
Business Development Manager 22,000 to 80,000
Asset Protection Associate 151,000
Financial Manager 60,000 to 100,000 and higher
Administration Manager 134,000
Operational Researcher 100,000 and higher
Professor (MBA) 101,018 to 103,886

 

Business degrees in the UK are highly valued, as leading business schools in the country provide students with a world-class education. The degree offers several job prospects, but achieving the required quality can be challenging.

If you’re struggling to achieve your academic goals in the field of business, we can be your trusted guiding companions. 

ALLEN Career Institute has been supporting students in accomplishing their aspirations for more than 34 years by emphasizing discipline, perseverance, and care. To provide enhanced assistance to our esteemed students, we have incorporated the ALLEN Global Studies Division.

We comprehend that each student is unique with specific objectives and requirements. Therefore, to help them reach their goals, we offer customized guidance at every stage of the application process. Our team evaluates their needs and devises a personalized roadmap for them. We strive to offer students an array of learning opportunities and resources at the ALLEN Global Studies Division. We aim to simplify and streamline the application process, and our team is always there to support you at every step of the way.

ALLEN Global Studies Division can also assist students in gaining admission to top business schools in the UK. We have an expert team of mentors who have extensive knowledge and experience in the UK’s education system. They are equipped to guide students through the entire application process, including selecting the right universities, preparing for entrance exams, crafting impressive essays, and acing interviews.

Our team can also assist in obtaining scholarships and financial aid. With our expertise and support, students can increase their chances of gaining admission to top business schools in the UK and achieving their academic and career aspirations.

Conclusion

The UK is home to some of the top business schools in the world, providing students with world-class business school curriculum and courses, networking opportunities, and career prospects. From the prestigious universities of Oxford and Cambridge to the cutting-edge institutions of Imperial College and London Business School, there is no shortage of options for ambitious professionals seeking to build their careers in the world of business. 

So whether you’re a seasoned executive or a recent graduate, the UK’s top business schools are sure to provide you with the knowledge, skills, and confidence to succeed in today’s fast-paced business environment.

Frequently Asked Questions

What test scores are necessary to get an MBA in the UK?

International applicants who wish to pursue an MBA are typically required to provide scores for two exams: the GMAT and the IELTS or TOEFL.

Are MBA scholarships available in the UK?

Yes, MBA scholarships are available. You can find a diverse selection of scholarship information available for you on our website that you can access and review to determine which ones align with your qualifications and interests.

Is it possible to pursue an MBA if you have recently graduated?

If you've recently graduated and want to pursue an MBA but lack relevant work experience, certain UK universities and business schools offer MBA programs that don't require work experience.

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