Last Updated on August 30, 2024
A Masters in Management (MiM) is a popular postgraduate degree program in the United Kingdom (UK), and it’s designed to provide students with a comprehensive understanding of business and management concepts.
It is one of the popular study programmes in demand for students who want to pursue their interests in fields like finance, marketing, operations, strategy, entrepreneurship, etc. A full-time MiM programme lasts for a year or two, whereas a part-time programme lasts between two and four years. pursuit of Master in Management in UK from top universities helps in professional as well as personal growth, thus aiding the overall development of the student.Â
The average fee to pursue Masters in Management in UK ranges from 16,000-45,000 GBP. For Indian students, it is approximately 16-45 lakhs INR.
Generally, one must need a bachelor’s degree from a recognized institution along with a good academic record, and test scores of standardized tests like GMAT or GRE, IELTS or TOEFL scores, etc. The selection procedure starts with the required scorecard of standardized tests and the further steps of selection vary from college to college in the UK.Â
For further queries and guidelines, Admissify counsels with the help of professionals and provides the latest guidelines to boost your dream of pursuing Masters in Management in UK.
Why pursue a Masters in Management in UK?
- Masters in Management programs are typically suited for recent graduates or have limited work experience and want to enhance their business knowledge and skills to pursue a career in management.
- UK universities offer a robust, worldwide recognised global headed network, which increases students’ professional understanding and enhances their scope of potential earnings.
- Students get well-versed in the country’s affairs in the context of commerce and industry.
- You will enter a renowned and impactful global alumni network.
Masters in Management in UK: Points to be kept in mind
One must consider the programme structure and duration before narrowing down their options. Likewise, students are advised to go through the course structure and see all the specializations that universities are offering at the moment. Besides admission requirements and eligibility criteria, the application process must be catered to in time. The application process may differ from college to college in the UK. Furthermore, Universities’ or colleges’ ranking with respective tuition fees, scholarships available and financial aid (if any) must be scooped out for consideration. Post-Study work opportunities in alignment with various Career Prospects should be scrutinized.Â
Eligibility and Requirements:
| Eligibility | An undergraduate degree equivalent to the UK first or upper second class honours degree with 60 to 70 percent; submit scores for English proficiency exams along with the admission application.IELTS: 6.5 to 7.0TOEFL: 93-100; Scores of standardized exams like GMAT/GRE scores though not compulsory but could be advantageous at point |
| Requirements | INDIA: 3-4 years bachelor degree with 60%-70% or 7.5/10 or 3.3/4 CGPA |
Kindly contact Admissify for more clarity on how to reach out to college officials.
Top 10 Colleges to Pursue Masters in Management in UK:
Rankings of top MiM Schools/Colleges/Universities for 2023 (QS Business Masters Rankings: Management 2023):
| University | Ranking |
| London Business School | 3 |
| Imperial College Business School | 14 |
| London School of Economics | 16 |
| Warwick Business School | 22 |
| Manchester (Alliance), University of Manchester | 28 |
| Cranfield School of Management | 32 |
| University of Edinburgh Business School | 34 |
| Durham University Business School | 55 |
| Bath School of Management | 63 |
| Lancaster University | 67 |
| University | Courses Offered with duration |
| London Business School | Global MiM (2 years)-Full time course starting in September;Degrees attained are MiM (Year 1 in London) and MSc (Year 2 in Shanghai) |
| Imperial College Business School | 1 Year Programme in the following fields of interests: Strategic Management, Finance, Organizational Behavior, International Marketing, and Innovation Management. |
| London School of Economics | Global Masters in Management: 2 years;Masters in Management: 1 year;MSc Marketing; MSc Social Innovation and Entrepreneurship; MSc Human Resources and Organizations; MSc Management of Information Systems and Digital Innovation; MSc Management and Strategy; MSc Economics and Management |
| Warwick Business School | 1 Year MSc Management (one can choose one of their new elective specialisms in Consulting or Entrepreneurship) |
| Manchester (Alliance), University of Manchester | Full time MBA: 18 or 1 month;Global MBA: 2 or 18 months (part-time); Global Executive MBA: 18 months part-time |
| Cranfield School of Management | Management MSc (full-time): 13 months; Management and Entrepreneurship MSc (full-time): 1 year corporate Sustainability MSc (Full-time): 1 year |
| University of Edinburgh Business School | Management MSc (Full-time): 1 year; Management MSc (Part-time): will take more than 12 months |
| Durham University Business School | MSc Management; MSc Management (Entrepreneurship); MSc Management (Finance); MSc Human Resource Management (HRM); MSc Management (International Business); MSc Management (Supply Chain Logistics) |
| Bath School of Management | MSc Management (Marketing); MSc Management (Operations); MSc Management (Finance) |
| Lancaster University | Accounting and Finance; Economics; Entrepreneurship and Strategy; Management Science; Marketing; Organisation, Work, and Technology |
| University | Average tuition fee |
| London Business School | £44,900 |
| Imperial College Business School | INR 17.33 L – 44.05 L |
| London School of Economics | £36,480 |
| Warwick Business School | UK fees: £27,550; EU/International fees: £33,800 |
| Manchester (Alliance), University of Manchester | $35,008 |
| Cranfield School of Management | Home fee: £16,995; Overseas fees:£32,160 |
| University of Edinburgh Business School | Home: £23,600International (Including EU): £29,500 |
| Durham University Business School | INR 30,79,210 |
| Bath School of Management | Home: £14,500;Overseas: £22,000 |
| Lancaster University | INR 20.88 L – 26.47 L |
You are requested to visit the University or college portals to know more about the latest intakes and their respective fees. For any other queries like required documents, eligibility, etc. feel free to contact Admissify.
Conclusion
Here, we have gone through various universities/business schools that can assist the students in pursuing their Masters in Management with their respective courses, time duration and fee structure. Education has been one of the greatest powers to run the world. The Greatest of all minds believe it is a tool for personal, professional and global growth. As the world is running at a fast pace, pursuing a degree from reputed colleges or universities in the UK makes it worthy and beneficial for the students to have better career opportunities in vast spheres of professions available.
FAQs
What is the average fee for pursuing a Master’s in Management in UK?
Average fee to pursue MiM in the UK ranges from 16,000-45,000 GBP. For Indian students, it is approximately 16-45 lakhs INR.
What are considered to be the valid intakes to pursue a Master’s in Management in UK?
January-February; May-June; September-October
Where can I study for a Master’s in Management in UK?
Top 10 Universities/ Business Schools as per QS Business Masters Rankings: Management 2023 ratings have been listed above.
Kindly check them and feel free to reach out to Admissify for any type of query or clarity.
Is GMAT mandatory for masters in management in UK?
Though institutions may request your GMAT score as an additional assessment criterion, GMAT scores are not required for most major universities as part of your master in management applications.
What are the basics required to pursue Masters in Management in UK?
Generally, one must need a bachelor’s degree from a recognized institution along with a good academic record, test scores of standardized tests like GMAT or GRE, IELTS or TOEFL scores, etc.
Different Universities or Business Schools may accept scorecards for different standardized tests (depending on the requirement).
Avinash Singh is a study abroad consultant with over 10 years of experience helping students achieve their academic goals. He is an expert in the US, Australian, German, and Canadian education systems and has helped hundreds of students secure admission to top universities around the world. In his spare time, Avinash enjoys traveling, hiking, and spending time with his family. He is also an avid reader and loves to learn new things.
