Best Business Schools in the UK
If you’re an ambitious student looking for the best business program available in the UK and you don’t have any idea how to find and sort universities that offer such programmes, don’t worry. We have evaluated all business schools in the UK based on a reliable methodology giving a specific score to each school, using the most credible rankings such as the Financial Times and The Economist, and latest available data, so that you can make the best decision for yourself. Strategies for Financing your International Education
- According to the official statistics, 17% of all students enrolled at UK universities during 2020/21 were seeking a degree in Business & administrative studies.
- In numbers, 474,970 out of 2,751,865 total students in the UK were enrolled in a business degree programme during the 2020/21 academic year.
- Business is one of the most popular fields of study for international students in the UK, with 177,715 total international students studying business or 29.3% of the total number of international students studying in the UK.
If there is any field where the UK higher education excels and is a global leader that is definitely business. Many successful CEOs and entrepreneurs who lead some of the most powerful and innovative companies in the world hold a business degree from UK business universities, with many of them holding prestigious UK MBA degrees. The quality of education coincides with this outstanding popularity among gifted students from all around the world who chose the UK over countries like the US, Australia, Canada, Netherlands or Germany. It’s important to keep in mind that international students also need to have high English proficiency scores in tests like the IELTS, TOEFL, or PTE, and standardised test scores for tests like the GRE and GMAT.
With that said, the business schools in the UK are some of the toughest to enter and tuition fees are not cheap. Fortunately, there are a large number of business schools all across the country for students to consider. Australian Universities Without IELTS & Application Fees in 2023
Here are some of the best business schools in the UK for 2023:
University of Law Business School
The University of Law Business School is one of UK business schools which receive praise for their unparalleled quality
The core of their long-term mission is preparing business graduates who will have the intellectual capacities and professional responsibility to deal with challenges that they will face in the business world. Getting your business degree at this school promises to open new horizons in your academic life and determine your success in your business career.
ULaw Business School has over 50 business programmes in undergraduate and postgraduate levels, in Business Management, Marketing, Entrepreneurship, Accounting, Finance, Project Management, Investment, and more.
Tuition fees at ULaw Business School range between £9,250 for UK students and up to £15,950 for international students. The fee for the Placement Year is 20% of the usual tuition fee i.e. £1,850 (UK students) and £3,200 (international students).
The University of Law offers quite a few scholarships and financial aid options for business students based on need or merit (or a combination of both). To be considered for a scholarship, you need to first get an admission letter from the school for one of their programmes. More information is available on the official website of ULaw Business School.
London Business School
The London Business School is considered as the top business school in the UK according to the Financial Times. LBS is one of the best schools not just in the UK, but globally as well. It dominates the business school rankings year after year. Despite being established in 1964, within this short time frame the university has set itself as one of the most reputed in the world in business-related subjects. How to Apply to a University in the Czech Republic in 2023
Its core mission is to prepare and educate excellent students for the challenges of global business issues by providing them with a strong theoretical and practical foundation. Students from 109 countries seek a business degree at this university and its large alumni community counts over 42,000 graduates.
The London Business School has many business programs, mostly at the postgraduate level such as the Master’s Degree in Management, Finance, Leadership and Strategy, the MBA degree for business people with experience, and several short executive business programs that would completely transform your career and open doors to a high salary.
Because of its ranking and value, the London Business School programmes have high tuition fees followed by a high acceptance rate. Master’s programmes start at £44,900 all the way up to £109,700 for its MBA programme.
The London Business Schools offers multiple scholarships for its MBA programme, which covers the tuition fee partially or fully, while other expenses such as cost of living, travel, visa application need to be covered by the student. Winners are chosen based on a number of factors and specific criteria.
LSE – London School of Economics and Political Science
Founded in 1894, the London School of Economics and Political Science today is one of the most renowned business schools in the UK for Economics. It not only attracts students from inside the UK, but there are many international students who dream of getting a Business degree at this university.
As it stands, the institution counts 9,030 international students coming from 133 countries of the world. 18 Nobel prize winners have studied or taught at the LSE, including here George Bernard Shaw and Christopher Pissarides.
LSE has hundreds of programmes available not just in business, but also computer science, law, natural sciences, international relations, history and more. LSE offers programmes at many levels including undergraduate and postgraduate levels. High Commission of UK Scholarships 2023 (Fully Funded)
Tuition fees at the London School of Economics and Political Science ranges between £9,250 and up to £42,384, depending on the level of studies, whether you are a domestic or international student, and the kind of degree you’re seeking.
The LSE offers many scholarships in the form of bursaries, waivers, as well as scholarships funded by private or corporate donations. Eligibility is based on different criteria for each scholarship such as the location, merit, refugee status, people under humanitarian protection and others.
University of Warwick – Warwick Business School
In the past 50 years, the Warwick Business School placed at the heart of the University of Warwick has become one of the most elite business schools in the whole UK. This school is highly valued for its excellent and unique study programs which aim to give its students the deepest understanding of the practice of business and management.
Warwick Business School has many programmes to offer for business students, at different program levels such as Bachelor’s degrees, Master’s degrees, Distance Learning programmes, MBA courses, Doctoral programmes, Executive diplomas, and online courses.
Fees to study at Warwick Business School depend on the level of study, duration, whether you’re a UK or international student. Most popular programmes start at £9,250 and go up to £49,950.
Warwick Business School offers more £1 million in scholarships and awards that cover anywhere between 10% of your tuition fee to a maximum of 50% based on individual evaluation of the candidates by the school.
University of Cambridge Judge Business School
The Cambridge Judge Business School was established in 1990 to teach management and research to its students. Today they have set themselves as one of the best business schools in the UK with their academic excellence.
At the core of their long-term mission stands the goal of preparing skilled and educated businessmen who will have the courage and knowledge to solve future problems related to business and management. This is done by offering these students close mentorship during their studies for all their needs and by maintaining cooperation with different organizations involved.
The Cambridge Judge Business School has many programmes available in the Master’s, MBA, and PhD level, as well as executive programmes for individuals with work experience. At this business school you can study Finance, Accounting, Entrepreneurship, Management and more.
Tuition fees at Cambridge Judge Business School range between £33,600 for the Master’s programmes and up to £64,000 for the MBA programme.
There are quite a few scholarships available at the Cambridge Judge Business School, depending on the programme you choose. The amount awarded is different for each scholarship, as well as the application deadlines, so make sure you review all the details before you apply.
University of Oxford Saïd Business School
The history of this school takes us back to 1965 when the University of Oxford opened its Centre for Management Studies. Officially, the Oxford Saïd Business School established itself as a Business school in 1996. Despite not having a long history, as an integral part of one of the greatest British universities, the University of Oxford, the Saïd Business School is one of the most highly-reputed business schools in the UK.
With their wide range of excellent MBA programmes, world-class professors and brilliant facilities, their aim is to educate future businessmen and managers who will have the required knowledge and competence to address business issues.
The Saïd Business School has all kinds of business courses available for both UK and international students, including a BA Economics and Management, DPhil Finance, DPhil Management, MSc Financial Economics, MSc Global Healthcare Leadership, MSc Law and Finance, and its one-year, highly ranked MBA programme.
At Saïd Business School tuition fees range between £52,560 for a Master’s degree programme, £71,440 for the Oxford MBA programme, and £106,540 for the Oxford Executive MBA programme. Many students choose student loans as a way to fund their education and cover the living costs.
There are many types of scholarships available at the Saïd Business School, but there is a lot of competition for funding and they require a test in some cases. For some scholarships you need to apply separately, while for some you are notified after you receive your admission letter. To increase your chances make sure you prepare in advance and have all the documents ready.
Other universities and business schools to consider in the UK:
- Imperial College London
- Lancaster University
- University of Edinburgh
- University of London
- Birmingham Business School
- University of Exeter
- University of Nottingham
- University of Glasgow
- Coventry University
- University of Manchester
- The University of Sheffield
- University College London
- Newcastle University
- Brunel University
- Cardiff University
- Henley Business School
- University of Birmingham
- Cranfield University
- Strathclyde Business School
- Durham University
- Anglia Ruskin University
- Loughborough University
- Staffordshire University
- University of Southampton
- University of Leeds
British business schools highly sought after following the Brexit, a survey reveals
A global survey revealed that 52% of the participants prefer to study in the UK’s business schools in 2018, as opposed to 47% a year ago.
The Carrington Crisp, an education research group conducted a survey with students from all around the globe. The aim behind this survey was to reveal the attractiveness of the UK higher education before and after Brexit was voted in June 2016, compared to other business schools in Europe.
The survey collected responses from 1,211 students from 74 countries worldwide and it revealed some interesting facts about UK higher education.
Contrary to what was expected, the survey found out that international students still value and prefer a British degree over other study destinations. While in 2017 just 44% of respondents said the UK’s business schools are their potential study destination, in 2018 the number of them who claimed so increased to 52%. The US topped the list as the most preferred study destination with 62% of respondents picking the US as their choice.
However, the US attractiveness between 2017 and 2018 felt a drop in contrast to British higher education. In 2017, 67% of respondents of this survey said they would like enroll into a course at US colleges, whereas in 2018 their number slipped to 62%.
These findings suggest that the UK’s higher reputation still enjoys global recognition despite Brexit, because of high university rankings. Moreover, the country is experiencing an increased likeness among international students. Educational experts stress the downturn of US popularity as being beneficial to British universities. Their reasoning is that as the US is introducing tougher restrictions for foreign students, these scholars are seeking other English-speaking countries, with the UK being the first option.
In spite of this, the experts share the opinion that the UK has a lot more to do in order to maintain its global reputation. A point they make in this assignment is facilitating the actual student visa system. Respondents of the Carrington Crisp survey ranked the British student visa system as the 5th most welcoming behind Ireland, Germany, France, and Canada. That’s still good if you were to compare it with the US performance, which was ranked 11th with just 30% of respondents saying the US has an easier student visa system.
27% of international students in the UK were seeking a degree in business-related subjects, statistics show
In total, 126,955 international students were attending university business courses in the UK last year. Here has been a 4.4% increase in the number of applications compared to the previous year.
However, the gap between Business & Administrative studies and other popular study subjects in the UK remains large. Below are shown the most popular subjects among international students aside from Business & Administrative and their annual change of international student intake
- Engineering & Technology – 52,635 students
- Social studies – 42,785 students
- Creative arts & design – 32,455 students
- Biological sciences – 26,995 students
- Medicine-allied subjects – 21,720 students
EU students shared a significant portion of Business & Administrative international students at UK universities. Based on statistics, during the past year, they counted for slightly over one-fifth (21.4%) of international students enrolled on business study programs. In absolute numbers, 27,260 EU students were studying for their business degree in the UK during the 2017/2018 academic year.