Lancaster University Management School
Lancaster, United Kingdom
- Cost of Living£ 17,328
- Tuition Fee From£ 18,590
- Country Rank-
- Batch Strength5,557
- Global Diversity25%
- Gender Ratio57:43
Overview
About
Lancaster University Management School (LUMS), founded in 1964, is one of only a few schools in the world to hold quadruple accreditation from the AACSB, AMBA, EQUIS and the Small Business Charter. It is a business school affiliated with the prestigious Lancaster University. LUMS is a well-known institution in the UK, as evidenced by its ranking in the top ten of three UK league tables. The school offers some of the world's top business and management programmes. The university has received the highest possible rating from the UK government's Teaching Excellence Framework (TEF). The TEF Gold rating is based on high-quality instruction, excellent teaching facilities, and the successful careers of school graduates.
The Lancaster University Management School is ranked in the top 50 business schools in Europe by the Financial Times, and its MBA is ranked in the top 30. The Lancaster teaching team consists of practitioners as well as academics, ensuring that students receive practical outcomes that are relevant to them. You can study individual modules as short ten-week courses in addition to full programmes.
Lancaster University Management School has an international, established, and ambitious community. The school is triple-accredited and world-ranked. The collaborative approach and access to cutting-edge knowledge distinguish the school as a magnet for top talent. The management school offers a wide range of undergraduate, postgraduate, PhD, and executive programmes to help students excel and advance in their careers. The school’s graduates go on to lead, innovate, found new businesses, and conduct groundbreaking research.
Applications to Lancaster University Management School can be submitted online via the UCAS portal for undergraduate programmes and the university application portal for postgraduate programmes. Lancaster accepts applications on a rolling basis and does not charge an application fee. Scholarships are given to deserving students to help them pay for their education. Financial aid is available to international students from over 44 countries.
Ranking
LUMS is one of the top business schools in the United Kingdom. Since 2017, the QS World University Ranking, which places an emphasis on academic reputation, has placed it among the top 150 universities in the world. THE, which focuses on teaching, research, and citation, has also been ranked among the top 150 universities in the world since 2017. From 2017 to 2020, the Shanghai (ARWU) World University Ranking, which focuses on research output and faculty quality, consistently ranked it between 301 and 400. Following are the Lancaster University Management School rankings and reputations by QS Business School Rankings 2024:
QS Business School Rankings 2024:
- #39 in World University Rankings - Masters In Marketing
- #65 in World University Rankings - Masters In Finance
- #70 in World University Rankings- Masters In Management
- #71-80 in World University Rankings- Masters In Business Analytics
Year
QS Ranks
US News Ranks
2023
-
-
2022
#132
-
2021
-
-
Facilities
Lancaster University's specialist International Student Advisory Service provides information about obtaining visas, travelling to Lancaster, planning costs, and pre-arrival information to international students. The university's accommodation has been named 'Best University Halls' in the National Housing Student Survey for the past six years, and they are one of only three other institutions to have received the International Accommodation Quality Mark, which is awarded when international students' satisfaction is 90% or higher.
The school is centrally located on the LU campus. It serves as the campus's main building, housing flexible teaching spaces, popular Hubs, and beautifully landscaped parkland with excellent facilities. The campus has learning centres, shops, social venues, sports facilities, study spaces, and much more. The £20 million sports centre offers a variety of facilities, classes, and activities to the general public, staff, and students. The campus also has a Woodland Walk track with beautiful woodlands. The fitness trail is a free and convenient way to exercise.
During their time at Lancaster, students can join over 200 clubs and societies to meet new people, pursue their interests, try new things, and find a community to be a part of. If you can't find one, you can create your own society or club. Some of the Lancaster University Management School facilities include-
- Library Services: The University Library offers online access to thousands of academic journals and ebooks, as well as a printed collection of over 500,000 items available to all students and staff, giving students access to a world of information.
- ICT Services: With over 1,000 computers, Wi-Fi access, high-speed broadband connections, high-quality printers and scanners, and cutting-edge learning zone and e-learning environments, you will have real-time access to business and financial information and news.
- Campus Life: The management school is only fifteen minutes away from Lancaster, a historic and vibrant city with over 100 shops, numerous pubs, and a castle dating back almost 1,000 years.
- Sports Facilities: the university’s purpose-built executive training facilities and residential accommodations provide an ideal environment for concentration away from the workplace. Many of the courses are based on the Lancaster campus, and some also benefit from the peace and beauty of the Lake District. The school also delivers modules at Lancaster House Hotel and Training Centre, which is conveniently located across the street from the Management School and has each room connected to the Lancaster University library network for easy access to resources.
- Student Clubs: Joining a society that matches your interests is an important part of student life. Lancaster hosts a variety of events and activities, so there are numerous opportunities to participate. The Lancaster University Management School Association brings together the business-related student societies at LUMS (LUMSA).
Notable Alumni
Courses
Admission
Lancaster University Management School Acceptance Rate
The acceptance rate of the Lancaster University Management School, which stands at 18.69%, signifies the percentage of applicants who are admitted into the school relative to the total number of applicants. This rate reflects a competitive admissions process where a relatively small proportion of applicants are accepted into the management school
Lancaster University Management School Entry Requirements
Lancaster University Management School is made up of six academic departments that offer world-class business programmes at the undergraduate, postgraduate, and doctoral levels. At the undergraduate level, LUMS provides 48 BSc Hons programmes. Over 50 postgraduate taught and research degrees are available. In addition to the regular full-time programme, the university provides doctoral and executive education programmes, such as the executive MBA and open programmes. There is no application fee for admission to the school. Students are required to submit all required documents by the program's deadlines. The following are the documents required for admission to Lancaster University Management School:
- High school or degree certificates
- Academic transcripts
- Admission Tests such as TMUA or STEM
- Passport
- Research proposal
- Work experience
- Interview
- GMAT or GRE
- English proficiency scores
- Personal statement
- LOR
This table provides a concise overview of the required overall scores and, where applicable, minimum scores in each element for various language proficiency exams accepted by the institution. Each test type is listed along with its specific score requirements.
|
Test |
Overall Score |
Minimum Score in Each Element |
|
IELTS |
6.5 |
5.5 |
|
TOEFL iBT |
87 |
- |
|
PTE |
58 |
- |
|
Cambridge English Advanced (CAE) |
176 |
162 |
|
GCSE/IGCSE/O |
Grade C/4 |
- |
|
CaMLA ECPE |
Grade C2 |
- |
|
Trinity ISE |
ISE II |
- |
|
LanguageCert English Language |
B2 communicator |
39 in each skill |
Lancaster University Management School Fees
Lancaster University Management School fees vary depending on the course; scholarships and other financial packages for international students can be found in the online prospectus. Listed below are the university fees structure-
- M.S Management - £25,530 /Yr
- M.S Electronic Engineering - £25,030 /Yr
- M.S Finance - £25,530 /Yr
- M.A History - £20,868 /Yr
- L.L.M - £20,868 /Yr
- M.A International Relations - £20,868 /Yr
Lancaster University Management School Placements
LUMS has its own careers team that can help students apply for jobs and placements. Furthermore, the Lancaster University Management School placements team organises a number of events with high-profile graduate employers where students can get advice and network. Career Services at the school collaborates closely with students, graduates, and alumni to provide internships, work experience opportunities, industrial placements, and other opportunities.
The school has strong ties with some of the world's top recruiters. The Careers Portal provides students with numerous career resources. In addition, the university was named the overall winner of the Abintegro Employability Index Award. Students benefit from a variety of services, including annual career fairs attended by over 100 employers, career-related workshops, and events. Students receive assistance with resume/CV and interview preparation, placements, job search portals, higher education, and much more.
Scholarship
Regardless of the programme you are studying, there are several scholarship opportunities provided by Lancaster University Management School as well as other organisations. With so many scholarships available now, overseas students can greatly lower the financial burden of studying in a new country. You can apply for scholarships to study at the Lancaster University Management School through UniScholars. You can find the following types of scholarships based on your academic performance and financial situation:
- Merit-based scholarships
- Need-based scholarships
- Country-specific scholarships
- College-specific scholarships
- Student-specific scholarships
Finances
Most international students are obligated to show proof of sufficient funds in order to obtain a visa. While some students may have the opportunity to make use of scholarships, not all students cut the eligibility to get a scholarship or a grant. Moreover, not all scholarships cover 100% of your study abroad expenses. At such times, most students resort to acquiring education loans to avoid the financial hassles associated with studying at the university. For Indian students, UniCreds is the ideal education loan marketplace if you’re looking for low-interest rates and free consultation services!
Accommodation
There are several student housing options available for students planning to attend Lancaster University Management School. You may select from a wide choice of affordable yet elegant student flats, halls of residence, studios, ensuites, and more! You have the option of staying on campus in the university halls of residence or in a private residence. Because of their proximity to the university, on-campus housing options may be ideal; nevertheless, they tend to fill up fast and are more expensive.
UniAcco simplifies the process of finding student housing and offers a variety of options. As a result, students can select from a wide range of available student accommodation near the Lancaster University Management School, such as luxury studios, en-suites, and shared apartments that are more inexpensive and student-friendly.
Cost of Living
The cost of living in Lancaster, California is 31% higher than the national average. There are a lot of ways the city accommodates student budgets. There are a lot of stores and venues that offer student discounts. Lancaster University also includes a student travel pass in your tuition, so you can travel all over the region for free. Find out how much it would cost you to relocate by looking at the cost of living data below. Here's how much it costs to live in Lancaster:
|
Item |
Cost (Per Month) |
|
Off-Campus Accommodation |
£680 |
|
On-Campus Accommodation |
£708 |
|
Transportation |
£60 |
|
Food |
£476 |
|
Entertainment |
£30 |
|
Groceries |
£128 |
|
Clothes |
£70 |
|
Total Cost of Living with Off-Campus Accommodation (Per Month) |
£1444 |
|
Total Cost of Living with On-Campus Accommodation (Per Month) |
£1472 |
|
Annual Cost of Living |
£17328 |