Top MBA Universities in UK

Top MBA Universities in UK

Top MBA Universities in UK
Tn Aryal

Master of Business Administration (MBA) programs offered by top MBA Universities in the UK are accredited by the Chartered Management Institute (CMI) and the Chartered Institute of Management Accountants (CIMA). 

As a result, you also gain CIMA membership and CMI membership for the duration of your registration.

The UK is home to top Business Schools like the University of Oxford and London Business School.

Additional reasons like scholarships, affordable tuition fees, academic excellence, high salary package, job opportunities, etc., make the UK one of the best places in the world to pursue a Master of Business Administration program. 

 The duration of an MBA is 1 to 2 years depending upon course and route. Some Universities also offer 3 to 12 months of internship as a part of the curriculum. 

Top Universities in the UK for Master of Business Administration (MBA)

According to The Financial Times Business School Rankings (2020), QS Global MBA Rankings (2020) and The Economics full-time MBA Ranking 109, these are the best business school in the UK for MBA degrees. 

Universities

FT Ranking 

QS Ranking 2023

London Business School (LBS)

7

3

Cambridge Judge Business School (University of Cambridge)

19

8

Said Business School (University of Oxford)

21

9

Warwick Business School (University of Warwick)

43

22

Imperial College Business School

55

=28

Alliance Manchester Business School (University of Manchester)

45

=35

Durham University Business School

62

=119

City University of London Bayes Business School

50

90

Cranfield School of Management

--

51

University of Edinburgh Business School

95

117

Other Top Masters of Business Administration Universities in the UK are: 

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MBA Courses in the UK

University

Courses

University of Oxford

MBA

Kingston University London

Master of Business Administration MBA

Master of Business Administration and Professional Placement

Imperia College London

Full-time MBA

University of Birmingham

MBA International Business

MBA Global Banking and Finance

London Business School

MBA

Anglia Ruskin University

Master of Business Administration with placement year MBA

MBA in Healthcare Management

Master of Business Administration

Coventry University

Master of Business Administration

Global Financial Services MBA

International Human Resource Management MBA

Global Business MBA

International Marketing MBA

International Fashion Management MBA

University of Warwick

Master of Business Administration

Top MBA Universities in the UK: Eligibility Criteria

Application Requirements

  • Intermediate level and Bachelor level transcript, provisional and character certificate. 
  • The 10th-level mark sheet and character certificate
  • Application fees (GBP 100- 150)
  • English proficiency certificates
  • Statement of Purpose
  • 2-3 Letter of Recommendation
  • GRE/GMAT Scores
  • Solid proof of Experience
  • Proof of scholarship, if any
  • Additional requirements like video essays, interviews, written essays etc. 

Academic Requirements

  • Candidates applying need a bachelor's degree in an equivalent professional qualification/ field- business, management, administration and so on- with a minimum of 60-75%. 
  • For enrollment in most MBA programs, applicants need 3-5 years of extensive managerial experience. 
  • GMAT scores are not always demanded (though they will be a plus to your academic profile). 

English Language Requirements

The minimum English test scores might differ based on universities, routes and courses. Nevertheless, this is what it will look like for most universities. 

  • IELTS: An overall score of 6.5 to 7.6 with no less than 6.0-7.0 in each band. 
  • TOEFL: An overall score of 88 to 110 with no scores less than 20-25. 
  • PTE: An overall score of 58 to 74 with a minimum of 58 in each band. 

GRE/GMAT Scores

Not every business school will demand GRE/GMAT Scores. Some of the universities asking for GRE/GMAT Scores for admission an MBA are: 

  1. University of Oxford: No minimum scores mentioned. However, a GMAT Score of 650 or a GRE Score of 320 (160 in the Quant section and 160 in the verbal section) is considered Competitive.
  2. Imperial College Business School: Minimum GMAT score of 600. Minimum of 156 in the Verbal section of the GRE and 158 in the Quantitative section. 

Top MBA Universities in the UK: Acceptance Rate

Below is the estimated acceptance rate of Top Business Schools in the UK for the MBA Programme. 

S.No

Universities/ Colleges

Acceptance Rate

1

London Business School

25.0

2

Said Business School, University of Oxford

6-10

3

Cambridge Judge Business School

33.0

4

Imperial College  Business School London

50.0

5

Warwick Business School, University of Warwick

57.0

6

Alliance Manchester Business School, Manchester University

50.0

7

University of Edinburgh Business School, University of Edinburgh

44.0

8

The Business School (Formerly known as Cass)

15.0

9

Cranfield School of Business, Cranfield University

29.0

10

Durham University Business School, Durham University 

10-15

11

Lancaster University Management School, Lancaster University

20-30

12

Aston Business School, Aston University  

50.0

13

Leeds Trinity University

70.0

14

University of Birmingham

75.0

15

University of Nottingham

15-20

 

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Top MBA Universities in the UK: Tuition fees

University

Annual MBA Tuition fees

University of Birmingham

31,500

University of North Hampton

16,000 (extra GBP 500 for placement)

University of Oxford (Said Business School)

65,520

Imperial College Business School 

57,200

Teesside University

14,300

Middlesex University London

19,000

University of Wolverhampton

15,765

University of Bedfordshire

14,500

Warwick Business School

45,950

London Business School

97,500 (15 months to 21 months)

Top MBA Universities in the UK: Scholarships

University

Scholarships

Scholarship Value

University of North Hampton

University of Northhampton International Scholarship

30% Reduction in tuition fees for every year of study

International Graduate Scholarships

Value: 50% fee discount to graduates of the University of Northampton who studied on campus in the UK

Eligibility: a second-class degree from a three or four-year Bachelor’s degree or a first-class degree from a one-year Top-Up programme

Great Scholarship

£10,000

University of Oxford

Alumina Annual Fund Scholarship

Up to GBP 20,000

Saïd Business School Foundation Scholarships

up to £25,000

Saïd Business School Foundation Africa Scholarships

Up to £20,000, contributing towards course fees.

Saïd Business School Foundation Middle East Scholarships

typically up to £20,000, contributing towards course fees.

Imperial College Business School 

Imperial Excellence Scholarship

Amount: Up to GBP 15,000

Eligibility: An excellent application demonstrating academic merit, strong professional or internship experience, a clear career plan and leadership potential

Sainsbury Management Fellowships

GBP 50,000

Imperial Loyalty Bursary

20% reduction in tuition fees

London Business School

London Business School Fund Scholarships

Up to total fees waiver

Laid Law Women’s, Leadership Fund

Full fee waiver and stipends, 

BK Birals Scholars Programme

Up to full fees

Top MBA Universities in the UK: Scope and Career Opportunities

An MBA  degree from the UK can provide you with specific managerial insights into the worlds of Accountancy, Entrepreneurship and Innovation, Finance, Health, Law and Leadership. Thus, depending upon specialization, you will be prepared to make a career in various fields. 

Some of the most popular employers for MBA Graduates in the UK are: 

  • IBM
  • Accenture
  • Capgemini
  • Deloitte
  • Mondelez
  • Santander and HSBC.

MBA Jobs and salary in UK according to Payscale: 

Job Title

Range

Average

Chief Executive Officer (CEO)

£52k - £154k

£95,153

Project Manager, (Unspecified Type / General)

£30k - £72k

£43,455

Finance Manager

£34k - £66k

£47,379

Management Consultant

£43k - £116k

£63,788

Operations Manager

£28k - £97k

£45,283

Business Development Manager

£26k - £71k

£43,132

Senior Product Manager

£53k - £99k

£73,149

Operations Director

£44k - £112k

£70,824

Finance Director

£49k - £108k

£75,311

Marketing Manager

£28k - £58k

£39,001

Marketing Director

£62k - £115k

£84,949

Financial Controller

£35k - £70k

£50,754

Account Manager

£29k - £80k

£41,529

Human Resources (HR) Manager

£27k - £55k

£37,460

 

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