Many business students aim to graduate, ready to join major organisations, while others dream of launching and expanding their ventures from the ground up. No matter your ambitions, a UK business degree will equip you with the knowledge and skills to achieve them. There are over 100 top business schools in the UK, including London Business School, ranked among the top ten globally. These institutions draw on centuries of expertise, providing learning experiences designed to meet the demands of today’s business world. Currently, Western Europe offers the second-best salaries to its MBA graduates after the USA.
Top 10 Best Universities In The UK For Business Degrees In 2024
Employers highly value students who earn a degree in business studies because of the versatility of the skills they acquire. Business degrees include an array of subjects, including economics, accounting, and entrepreneurship, among others, preparing students for various career opportunities. Given below are some universities that are the best to offer a business degree in 2024:
| UK Business Rank 2024 | Business Rank 2024 | University | City/town |
|---|---|---|---|
| =1 | =5 | The University of Cambridge | Cambridge |
| =1 | =5 | The University of Oxford | Oxford |
| 3 | 11 | London School of Economics and Political Science | London |
| 4 | 23 | UCL | London |
| 5 | 26 | The University of Warwick | Warwick |
| 6 | 31 | The University of Manchester | Manchester |
| 7 | 56 | The University of Edinburgh | Edinburgh |
| 8 | 64 | King’s College London | London |
| 9 | 75 | The University of Nottingham | Nottingham |
| 10 | 79 | The University of Reading | Reading |
Business Universities In The UK In 2024 For Undergraduate Students
The UK has some of the best business schools offering various undergraduate programmes. The duration of most courses is typically between 3 to 4 years. Additionally, universities often provide opportunities for students to enrol in intercalated programmes during their third or fourth year of study in collaboration with partner universities abroad. Upon completing their degree, graduates can pursue job opportunities in various sectors such as healthcare, construction, fashion, grocery, and more.
If you’re an international student looking for the best undergraduate business schools in the UK, below are the details you need to know:
| Programme | University | Programme Duration (in years) | Tuition fees (in GBP per year) |
|---|---|---|---|
| BA (Hons) Business | The University of Strathclyde | 4 | £19,600 |
| BSc (Hons) International Management | University of Manchester(Alliance Manchester Business School) | 4 | Announced along with admissions |
| BSc Management | University of Warwick (Warwick Business School) | 4 | £31,620 |
| BSc Mathematics, Statistics and Business | London School of Economics and Political Science | 3 | £27,192 |
| BA (Business and Management) | Durham University Business School | 3 | £21,500 |
Eligibility For Business Schools In The UK For Undergraduate Students
Eligibility criteria for international students vary based on nationality and the specific requirements of each university. However, there are some common prerequisites for applying to undergraduate programmes, including:
Qualifications: Achieving at least 70% to 75% in Class X and Class XII/Higher Secondary Certificate.
Language Proficiency:
- IELTS: Overall 7.0, with at least 6.5 in each section
- PTE: 75, with a minimum of 59 in each component
- CAE: Grade A
- CPE: Grade C
Language tests are crucial for non-native English speakers, but students should verify the specific test requirements recommended by their chosen university. Applications for undergraduate programmes are typically submitted through the UCAS portal.
Top Business Schools In The UK For MBA
A postgraduate degree in Business is an excellent choice for honing entrepreneurial skills. The MBA programme in the UK is among the most sought-after options at the postgraduate level. Business studies in the UK are internationally acclaimed, with many universities consistently featured in the QS Global Rankings year after year. Here are a few universities you can consider:
| University | Programme Duration (in years) | Tuition fees (in GBP per year) |
|---|---|---|
| Imperial College London | 1 | £67,500 |
| The University of Edinburgh | 1 | £40,900 |
| The University of Manchester | 1.5 | £48,000 |
| The University of Warwick | 1 | £57,500 |
| University of Glasgow | 1 | £37500 |
Eligibility Criteria For MBA In The UK
There is a high demand for MBA programmes around the world. According to QS Salary trend reports, the UK ranks fifth among countries paying MBA graduates the highest salaries. It is estimated that 90% of MBA graduates from the UK find a job within three months of graduation.
To apply for a postgraduate programme in Business, candidates must fulfil the following criteria:
Admission Test (only for MBA programmes): GMAT/GRE
According to GMAT geographic trend reports, international students submitting GMAT scores for admission to UK business schools increased from 3.6% to 4.4%.
Academic Qualification: A Bachelor’s degree with a minimum of an upper second class (60%-69% marks) in an honours subject.
Language Requirements:
- CAE: Grade B
- CPE: Grade C
- PTE: 66-73
- IELTS: 7.0
- TOEFL iBT: 100
Additionally, Warwick Business School and the University of Oxford require 2-3 years of professional experience.
Top Business Courses In The UK
Leading universities such as London Business School, Oxford, and Cambridge offer a range of business programmes, from undergraduate degrees to MBA and executive education. These courses cover various specialisations, including finance, marketing, entrepreneurship, and international business, equipping students with the skills needed to excel in a competitive global market.
| Course Name | University | Intake | IELTS Score | Fees 2024 |
|---|---|---|---|---|
| MBA Business Administration with AI | Cardiff University | 30.09.2024 | 7.0 | £31,950 |
| Master of Business Administration (Global) | De Montfort University | 30.09.2024 | 6.0 | £19,800 |
| MBA (Business Leadership and Practice) | Edinburgh Napier University | 09.09.2024 | 6.0 | £10,260 |
| International MBA (Pre-Masters only) | Birmingham City University | 23.09.2024 | 6.0 | £12,680 |
| International MBA (Professional Placement) | The University of Nottingham | 25.09.2024 | 7.0 | £30,200 |
Popular Scholarships Offered By the Best Business Schools In The UK
The cost of living is an additional expense for international students, in addition to tuition fees. However, studying in the UK can be more affordable when scholarships are available. Following is a list of scholarships offered by the best business schools in the UK at various educational levels:
| Scholarship Name | Organisation | Eligible Students | Scholarship Amount (in £) |
|---|---|---|---|
| International Merit Scholarship | University of Bristol | International undergraduate students in any field | 5,000 |
| Edinburgh Global Undergraduate Mathematics Scholarships | University of Edinburgh | International undergraduate students in Mathematics | 1,000–5,000 per year |
| Cambridge International Scholarship Scheme | University of Cambridge | International students pursuing a PhD | Full tuition and an annual stipend |
| Future Leaders MBA Scholarship | Imperial College Business School | International students applying for MBA programme | Up to 52,000 |
| Leeds University Business School Undergraduate Scholarships | University of Leeds | International undergraduate students in Business | 2,500 – 3,000 per year |
Job Prospects After A Business Degree In The UK
With its world-class education and global opportunities, 80% of graduate jobs are in the business sector. Employers also offer graduate training programmes to retain students in commercial roles.
- In the UK, postgraduates earn 29% more than graduates, while PhD holders in business earn 23% more than postgraduates.
- There remains a gender pay gap, with male counterparts earning 5% more in managerial roles.
- Top-rated employers of UK business graduates include Bain & Company, McKinsey & Company, FTI Consulting, and Boston Consulting Group.
- 99% of UK business graduates find employment with small or medium-sized companies.
| Job Role | Annual Package (in GBP) |
|---|---|
| Business Analyst | 37,000 |
| Management Consultant | Entry-level: 25,000-30,000 |
| 5 years experience: 50,000 | |
| +10 years’ experience: 125,000 | |
| Audit Manager | 50,000-70,000 |
| Business Development Manager | Entry-level: 22,000-25,000 |
| Mid-level: 30,000-60,000 | |
| Senior-level: 80,000 | |
| Asset Protection Associate | 151,000 |
| Financial Manager | 60,000-100,000 and more |
| Administration Manager | 134,000 |
| Professor (MBA) | 101,018-103,886 |
| Operational Researcher | 100,000 and higher |
The UK is home to some of the best business schools to offer a wide range of programmes and opportunities for students to excel in their careers. Additionally to the business and management colleges listed in this article, there are many other places in the UK where you can study top MBAs. Don’t limit your search strictly to rankings; find the one right for you.
FAQs
Q1. Where is the best Business School in the UK?
Ans – There are many cities in the UK with the best business schools, such as the University of Cambridge, the University of Oxford, the University of Warwick, the University of Manchester, and the University of Edinburgh.
Q2. Which business course is best in the UK?
Ans – MSc Entrepreneurship and Management at the University of Bath School of Management, MSc Business Psychology at Alliance Manchester Business School, and MLitt International Business at the University of St Andrews School of Management are some of the best courses in the UK.
Q3. Which is the best university in the UK to do an MBA?
Ans – Cardiff University, De Montfort University, Edinburgh Napier University etc., are the best universities in the UK to do an MBA.
Q4. What is UCL Business School ranked in the UK?
Ans – According to Times Higher Education (THE), the UCL Business School ranks 23rd in the UK Business Ranking 2024.
Q5. Is a one year MBA in the UK worth it?
Ans – A one-year MBA in the UK is worth it for those seeking a fast-tracked, high-quality education with strong global career prospects.
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I have done Bachelor’s in Culinary Arts from India and completed my graduation in the year 2022 .I am 22 years old. After graduation, I have done 1 year paid internship from USA .Now, I would like to take occupational experience and learn culinary skills and also do masters in Culinary arts.How can I find the college n best course / country where I can persue studying further