The UK stands out as a preferred destination by international students since it offers a choice of more than 120 institutions including prestigious names such as the University of Oxford, University of Cambridge and many more.
A Business Management degree in the UK is designed to focus on planning, directing and controlling the operations of an organisation, so there are greater chances to get placed with global businesses and pave your path to lifelong success. Once you complete your degree, you’ll have adequate knowledge of the market, financial parameters, staffing skills, strategy and data interpretation that will help you excel in the corporate space.
But before you get enrolled it’s crucial to understand that most of the business courses have a shared study program in the first year preparatory to specialised subjects in the subsequent years.
Why study Business Management in the UK
Besides the fact that 15 of the UK’s business schools are ranked within the top 100 global positions and 24 in the global top 200 by QS World University Ranking 2023, there are many other reasons why international students opt to study in the UK. Some of them include:
Availability of single, joint, and multiple subject combinations with the programChoice of full-time, part-time, and flexible study options along with placement integrated courses popularly known as sandwich coursesChance to accelerate your degree i.e., you can complete your UG degree in two years rather than three or pursue one-year MBA programmes in place of twoEach business degree is designed keeping in mind the global businesses that also helps students interact with world-renowned faculty and industry expertsAll business courses aim to impart real work-life experience and expand business connectionsEligibility criteria to study Business Management in the UK
Eligibility criteria vary with every institution, however, some common requirements you need to meet before applying for the business program include:
For bachelor’s degree: All applications are made through Universities and Colleges Admissions Service (UCAS) portal (for autumn intake). You’ll are required to have at least 70% to 75% in classes X and XII or in your Higher Secondary level with a good score in English-proficiency tests like IELTS with an overall band of 6.5.For master’s degree: You’ll need a bachelor’s degree with a minimum average of 50%-59% in an honours subject and a good score in English- proficiency tests like IELTS with a minimum overall band of 6.5.Types of specializations:
Level of the study program
Specialization
Undergraduate
Economics and Management, International Business, International Management, General Management, and IT Management for Business
Postgraduate
International Business and Management, General Management, Business Analysis and Strategic Management, Management of Information Systems and Digital Innovation, Marketing and Strategy, Business and Finance, Entrepreneurship
Doctorate
International Business, Organizational Studies and Management Science
Cost of Studying Business Management in the UK
The cost of studying Business Management in the UK varies as per the level and type of specialisation. However, an indicative range of tuition fees for an undergraduate program ranges between £15,000 to £25,000 per academic year, while for masters, it may start somewhere around £29,000. Given the nature of MBA and Doctorate programs, the average annual fee can range between GBP 21,000 to GBP 42,000 for each year (depending on which institute/city/specialisation you opt for).
In Doctorate programs, the tuition fees for your first year is higher than in subsequent years. In fact, some institutions may not charge tuition fees if you complete your course within four years instead of five.
Remember, your expenses will also be affected by the choice of college, course, and many other factors. It is best to discuss your financials with an expert before making your final decision.
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