| Updated On - Jul 2, 2024
Highlights:
- Top universities in UK offer Masters in Business Analytics in UK within 1 year.
- Indian students require at least 50% aggregate in bachelors with a minimum GMAT score of 600 for admission to MSBA in UK.
- Business analysts in UK earn an average salary of 53,000 GBP (55.51 lakhs INR) in the initial 2 years.
- MSBA graduates in UK earn an average mid-career salary of 122,000 GBP (1.27 crore INR).
- Top employers after Masters in Business Analytics in UK include Citi, Barclays, British Airways, Deloitte, JP Morgan Chase and Co, McKinsey and Company, Bloomberg.
Masters in Business Analytics in UK is a 1-2 years postgraduate degree program. International students with a bachelor’s degree in a quantitative field are eligible for the program. Indian students require at least 50-70% aggregate in bachelor's level with a GMAT score over 600 for admission to MS in Business Analytics in UK. The top universities in UK for masters in business analytics expect professional experience of 1-5 years in a relevant field.
As an international student, you should anticipate expenses between 23,500 to 41,000 GBP (24.49 to 42.73 lakhs INR) in tuition fees for MSBA in UK. The program exhibits one of the highest return on investment with graduates reportedly earning an average salary of 91,200 GBP (95.36 lakhs INR) per annum. Some top employers hiring graduates of master of business analytics in UK are Citi, Barclays, JP Morgan Chase and Co, McKinsey and Company, Bloomberg, and Deloitte.
Why Study MSc in Business Analytics in UK?
- Program Duration: MS in Business Analytics in UK is a 1-year program, unlike other programs in the universities in USA or UK.
- Employment Opportunities: Masters in Business Analytics in UK provides professional opportunities across the fields of business analytics, management, operations, and data. Some top employers in this field are Citi, Barclays, Accenture, JP Morgan Chase and Co, Bloomberg, Lloyds Banking Group, Deloitte, PwC, McKinsey and Company.
- High Return on Investment: After MS business analytics in UK, graduates can expect salaries up to 122,000 GBP (1.27 crore INR).
MSc Business Analytics in UK: Top Universities
A list of the top universities offering MSc in Business Analytics in UK, their respective rankings, application deadlines, and corresponding details are as follows:
| QS Business Master’s Rankings 2024: Business Analytics | University/ Business School | Program | Application Deadline | Tuition Fees (GBP) |
|---|---|---|---|---|
| #6 | Imperial College Business School | MSc Business Analytics | Admission open | Rolling admission until seats are available | 41,000 |
| #14 | Warwick Business School | MSc Business Analytics | August 2, 2024 | 35,350 |
| #17 | Alliance Manchester Business School | MSc Business Analytics | Stage 3: May 5, 2024 | Stage 4: July 1, 2024 | 33,000 |
| #22 | University of Edinburgh Business School | Masters in Business Analytics | Round 5: June 12, 2024 | 31,300 |
| #51-60 | Durham University Business School | MSc Business Analytics | June 12, 2024 | 35,000 |
| #61-70 | Leeds University Business School | MSc Business Analytics and Decision Sciences | Stage 4: June 27, 2024 | 30,250 |
| #71-80 | Bath School of Management | MSc Business Analytics | June 30, 2024 | 29,000 |
| #71-80 | Lancaster University Management School | MSc Business Analytics | July 31, 2024 | 31,500 |
| #71-80 | Nottingham University Business School | MSc Business Analytics | August 5, 2024 | 28,600 |
| #81-90 | Bayes Business School (Formerly Cass Business School) | MSc Business Analytics | August 2024 (Recommended mid-July, due to visa application time) | 31,500 |
| #81-90 | Southampton Business School | MSc Business Analytics and Management Sciences | No specific deadline | 28,900 |
| #91-100 | Aston Business School | MSc Business Analytics | Application open for September 2024 (Until seats are available) | 23,500 |
MSc Business Analytics in UK: Subject and Specialization
MSc Business Analytics UK is centered around Analytics, Data Science, Big Data and Critical Thinking. Some common subjects in the curriculum of Masters in Business Analytics in UK are listed below:
- Supply Chain Management and Logistics
- Machine Learning and Visualizations
- Data Analytics
- Risk Management
- Foundation of Finance
- Innovation Management
- Principles of Accounting
- Business Process Management.
MSc Business Analytics UK: Admission Requirements
The eligibility criteria for MSc in business analytics in UK includes an academic degree, competitive GMAT or GRE score, and English language proficiency. Some universities or b-schools in UK might expect additional requirements like SOP, internships, and work placements.
| Business School | Academic Requirements | Quantitative Requirements | Standardized Test Score | English Proficiency Requirements | Additional Requirements |
|---|---|---|---|---|---|
| Imperial College Business School | First or Upper Second Class Honours undergraduate degree in a quantitative discipline | Quantitative experience statement including topics like advanced calculus, probability, linear algebra and statistics | GMAT: 650+ | GMAT Focus Edition: 75% | GRE: 159 (Quants) | IELTS: 7.0 | TOEFL iBT: 100 | Duolingo English Test: 125 | Relevant internships and work placements in 'Industrial/Professional Experience’ section can add value |
| Warwick Business School | 2.1 UG degree (60-70% aggregate) | Degrees including economics, business, engineering, psychology, geography, sociology, and politics | Strong numeracy and IT statistical ability | 700+ GMAT score recommended | GMAT Focus Edition: ~645 or 86% | IELTS: 7.0 | TOEFL iBT: 100 | Own laptop, 8GB of RAM and at least 256GB SSD storage (Windows)/ 256GB storage (Mac). Laptops |
| Alliance Manchester Business School | First division classification and an average of between 65-80% | Quantitative subject such as mathematics, statistics, physics, engineering, computing, management science or economics | Not required | Recommended GMAT: 650+ | Standard XII English from CBSE, ICSE or West Bengal board with 85% or above | Standard XII from a state board will be onsidered on a case-by-case basis | Statement of purpose for UK | First and second year transcript (scanned copies) |
| University of Edinburgh Business School | Bachelor’s degree from a highly ranked university in India | GPA of 8 out of 10 in bachelors or 60% or above score | Students from Institutions of Eminence and National Importance should achieve 55% | Disciplinary area related to management science, operational research, statistics, econometrics, mathematics, physics, computer science, engineering, or business and management, incorporating a distinct quantitative element | GMAT: 600 recommended | IELTS: 7.0 | TOEFL iBT: 100 | PTE Academic: 70 | Work experience is desirable but not mandatory |
| Durham University Business School | UK first or upper second class honours degree or international equivalent a quantitative discipline | Degree in Business, Computer science or a relevant discipline with strong quantitative component | Not required (Recommended 600+) | IELTS: 7.0 | TOEFL iBT: 102 | PTE: 70+ | Interviews |
| Leeds University Business School | 3-4 year bachelor degree with first class | Sound grounding in quantitative subjects, through university level course in statistics, management science, computer science or mathematics | GMAT score is not mandatory (600+ is recommended) | IELTS 6.5 or equivalent | Copy of degree certificate/transcript | Contact details for 2 academic references | Personal statement | Up to date CV | Letter of sponsorship (If required) |
| Bath School of Management | 2:1 (60-70%) or above (or international equivalent) in business management or a subject with high quantitative content | Degree in business management or mathematics/statistics, computer science, engineering, physics, or a quantitative social science | GMAT is not required | IELTS: 7.0 | Not more than 3 years of relevant work experience | Experience of computer programming and indication of same in personal statement |
| Lancaster University Management School | Bachelor's degree at least 3 years in length with 60% overall from a recognized university in a quantitative discipline | Business and Management degrees with very strong quantitative component or Mathematics and/or Statistics or Engineering | GMAT score is not mandatory | IELTS: 6.5 | For recent graduates: Relevant experience is an advantage but not essential | Other applicants: Work experience in analytics and/or data modelling (Not more than 5 years since previous full-time study) |
| Nottingham University Business School | 2:1 or 60-70% (or international equivalent) in any discipline | Strong 2:1 (65%) degree in quantitative modules with a significant amount of mathematical/statistical content | GMAT is not required | IELTS: 6.5 | Valid UK immigration permissions | Personal statement |
| Bayes Business School (Formerly Cass) | Bachelor’s degree | Quantitative topics like actuarial science, business, computer science, economics, engineering, finance, geography, mathematics, psychology, sociology, statistics and others | GMAT not required for application, but may be requested as a condition of offer at the discretion of the Admissions Panel | GMAT: Above 50% | GMAT Focus: 50% in each section | IELTS: 7.0 | PTE Academic: 69 | TOEFL iBT: 100 | 1 LOR from a tutor | 1 professional LOR from a current or recent employer or supervisor (2 academic LORs or 2 professional LORs can be submitted on a case to case basis) |
| Southampton Business School | 2:1 degree (60-70%) in a quantitative subject | Maths, engineering, economics, finance, physical science, computer science | GMAT score is not required | IELTS: 7.0 | Significant work experience in the same field will be considered | Interview |
| Aston Business School | 50% in Bachelors degree | Mathematics, statistics, economics (micro / macro), finance, computer science, or any other quantitative disciplines | GMAT score is not required | IELTS: 6.5 | Extensive and relevant professional experience | Professional LOR |
UK Student Visa Application
The UK student visa allows you to live and study in UK throughout the course duration. This visa costs a one time charge of 490 GBP. The basic eligibility criteria for the UK student visa are as follows:
- A Confirmation of Acceptance for Studies (CAS) from the university
- Proof of sufficient funding for education and stay in UK
- Current passport or other valid travel documentation
- Your tuberculosis test results
- Written consent for your application from your financial sponsor (If you've received sponsorship for fees and cost of living in UK in the last 12 months).
MSc Business Analytics in UK: Tuition Fees
Tuition fees for MS in Business Analytics in UK ranges between 23,500 to 41,000 GBP (24.49 to 42.73 lakhs INR). The tuition fees and application fees for MSc Business Analytics across some top b-schools in UK are as follows:
| Business School | Application Fee (GBP) | Tuition Fees (GBP) | Equivalent Fees for Indians (INR) |
|---|---|---|---|
| Imperial College Business School | 100 | 41,000 | 42.73 lakhs |
| Warwick Business School | 75 (Non Refundable) | 35,350 | 36.85 lakhs |
| Alliance Manchester Business School | 60 | 33,000 | 34.40 lakhs |
| University of Edinburgh Business School | 60 | 31,300 | 32.63 lakhs |
| Durham University Business School | 60 | 35,000 | 36.49 lakhs |
| Leeds University Business School | 60 | 30,250 | 31.53 lakhs |
| Bath School of Management | 60 | 29,000 | 30.22 lakhs |
| Lancaster University Management School | 40 | 31,500 | 32.83 lakhs |
| Nottingham University Business School | 50 | 28,600 | 29.80 lakhs |
| Bayes Business School | No application fee | 31,500 | 32.83 lakhs |
| Southampton Business School | 50 | 28,900 | 30.12 lakhs |
| Aston Business School | No application fee | 23,500 | 24.49 lakhs |
Cost of Living in UK
The average cost of living for a student pursuing MSc business analytics in London, is 2,184 GBP per month (2.28 lakhs INR). In rest of the UK, the monthly cost is comparatively lesser, about 1,581 GBP (1.65 lakhs INR). A breakdown of the average cost of living in UK while studying as an international student is provided below:
| Expense Type | Monthly Cost of Living in London (GBP) | Monthly Living Cost in Rest of UK (GBP) |
|---|---|---|
| Student Halls (bills included) | 848 | 664 |
| Room in Private Accommodation (without bills) | 750 | 554 |
| Household Bills (gas, electricity, water, broadband, and a TV License) | 140 | 80 |
| Groceries | 155 | 116 |
| Socialising (dining out, going to cafés and bars) | 150 | 80 |
| Public Transport | 103 | 54 |
| Mobile Phone Bill (SIM only plan) | 18 | 18 |
| Student Gym Membership | 20 | 15 |
| TOTAL | 2,184 | 1,581 |
MSc Business Analytics UK: Scholarships
The universities in UK offer several scholarships for business analytics masters in UK. These scholarships offer up to 10,000 GBP to the international students. You can visit the scholarships page of your desired university to check details and apply to the suitable scholarships.
Furthermore, you can avail several externally funded popular scholarships in UK for international students, offering up to full tuition fee waiver. You can apply for these scholarships through their official website.
Some popular scholarships in UK for international students are as follows:
| Scholarship | Eligibility Criteria | Award Amount |
|---|---|---|
| Imperial Excellence Scholarship | Applicants demonstrating all-round excellence in their application and interview performance | Excellent application, academic merit, strong professional or internship experience, clear career plan, and leadership potential | 10,000 GBP |
| The University of Manchester Bicentenary Global Futures Scholarships | International fee-paying students (Self funded) from India, Bangladesh, Pakistan, and Sri Lanka | | 100+ merit-based master’s scholarships | 8,000 GBP each |
| University of Edinburgh Business School Dean's Excellence Scholarship Programme | Up to 25 scholarships covering part of the master's fees | Students from all countries | 5,000 and 10,000 GBP |
| Master in Business Analytics Scholarships | Impressive academic record | Potential to contribute and enrich all aspects of the Masters and diverse academic and cultural profile of the class | Potential to become an outstanding future alumni ambassador and positive contribution to the School, organisations and communities | 12 awards, up to 8,750 GBP tuition fee waiver |
| UK-India TOEFL Scholarship | Applicants willing to excel in full-time on-campus postgraduate program at a UK university | TOEFL score of 75 out of 150 | One time 2.5 Lakhs INR |
MSc Business Analytics with Placement in UK
A business analyst in UK reportedly earns an average mid-career salary of 91,200 GBP (95.36 lakhs INR) across popular jobs in UK for international students. The average salary of a business analyst across various states in UK are as follows:
| State | Average Annual Salary (GBP) | Equivalent Salary for Indians (INR) |
|---|---|---|
| England | 179,000 | 1.87 crore |
| Scotland | 123,000 | 1.28 crore |
| Wales | 86,700 | 90.68 lakhs |
| Northern Ireland | 82,500 | 86.29 lakhs |
MSc Business Analytics in UK: Job Opportunities
After masters in business analytics in UK universities, graduates often pursue professions like Business Analyst, Business Advisor, Business Consultant, and Business Manager. Some commonly pursued professions after business analyst masters in UK and their corresponding annual salaries are as follows:
| Professional Role | Average Annual Salary (GBP) | Equivalent Salary for Indians (INR) |
|---|---|---|
| Manager | 122,000 | 1.27 crore |
| General Manager | 104,000 | 1.08 crore |
| Business Manager | 101,000 | 1.05 crore |
| Business Analyst | 91,200 | 95.39 lakhs |
| Business Consultant | 91,300 | 95.50 lakhs |
| Business Advisor | 89,800 | 93.93 lakhs |
| Business Operations Specialist | 84,800 | 88.70 lakhs |
| Operations Analyst | 83,400 | 87.23 lakhs |
| Impact Assessment Specialist | 82,700 | 86.49 lakhs |
| Business Development Engineer | 72,600 | 75.93 lakhs |
| Data Manager | 66,700 | 69.76 lakhs |
| Business Developer | 56,900 | 59.51 lakhs |
| Operations Research Analyst | 54,800 | 57.31 lakhs |
UK Graduate Visa Application
The UK Graduate visa allows you to stay in the UK for at least 2 years after successfully completing a course in UK. The eligibility criteria for the Graduate visa in UK are as follows:
- You should already be in the UK while applying for the UK Graduate visa
- You should already have a student visa or Tier 4 (General) student visa
- Postgraduate degree or other eligible course for a minimum period of time with UK Student visa
- Confirmation of successful completion of course at Home Office from the university or college.
Masters in Business Analytics UK: Return on Investment
A comparison of the tuition fees for business analytics MSc in UK across some top universities and their respective average salary after graduation is provided below:
| University | Tuition Fees for MSc Business Analytics (GBP) | Average Annual Salary of Graduates (GBP) |
|---|---|---|
| Imperial College London | 41,000 | 41,000 |
| University of Warwick | 35,350 | 37,000 |
| University of Manchester | 33,000 | 34,000 |
| University of Edinburgh | 31,300 | 49,500 |
| University of Bath | 29,000 | 35,000 |
| University of Nottingham | 28,600 | 33,000 |
| City, University of London | 31,500 | 63,000 |
An MSBA from UK is globally recognized, ensuring employment opportunities across the world. Once graduated, you can find phenomenal employment in UK across companies like Citi, Barclays, Bloomberg, Deloitte, PwC, JP Morgan Chase and Co, McKinsey and Company among others. The employment rate after MSc business analytics in UK ranges between 87-99% across the top universities, ensuring adequate employment opportunities. The reasonable tuition cost, high return on investment, scholarships, and employment opportunities make UK one of the most coveted places for masters in business analytics.
FAQs
Ques. Is the UK good for MS in business analytics?
Ans. Yes, UK is good for Master’s in Business Analytics, as the country offers this course across nearly 100 universities including several top universities and b schools.
- A majority of the best universities in UK for masters in business analytics conduct the program within 1 year.
- Most of the top universities in UK offering MSBA holds a position in THE World University Rankings, 2024.
- For MSc business analytics in UK, universities focus on offering skill sets to interpret big data and infer business decisions, instead of only covering the course curriculum.
- Furthermore, MSBA graduates in UK can find vast career opportunities in the field of business analytics, business development, business operations, management among others.
Ques. Which university is best for business analytics in the UK?
Ans. According to QS Business Master’s Rankings 2024: Business Analytics, Imperial College Business School of Imperial College London ranks on top in UK for the program. Some top b schools offering the program and their respective rankings are as follows:
| QS Business Master’s Rankings 2024: Business Analytics | Business School | University |
|---|---|---|
| #6 | Imperial College Business School | Imperial College London |
| #14 | Warwick Business School | University of Warwick |
| #17 | Alliance Manchester Business School | University of Manchester |
| #22 | University of Edinburgh Business School | University of Edinburgh |
| #51-60 | Durham University Business School | Durham University |
| #61-70 | Leeds University Business School | University of Leeds |
| #71-80 | Bath School of Management | University of Bath |
| #71-80 | Lancaster University Management School | |
| #71-80 | Nottingham University Business School | University of Nottingham |
| #81-90 | Bayes Business School (Formerly Cass Business School) | City, University of London |
| #81-90 | Southampton Business School | University of Southampton |
| #91-100 | Aston Business School | Aston University |
Ques. What are the eligibility criteria for MSc business analytics UK?
Ans. For admission to MSc business analytics program in UK, international students require the following:
- A bachelors degree in a quantitative discipline
- 50% or higher aggregate
- GMAT score above 50% or 50% in each section of GMAT Focus edition
- Minimum IELTS score of 6.5 or above
- Statement of purpose
- 1 teacher LOR
- 1 employer LOR
- CV
- Significant work experience of up to 5 years
- Interview
Note: Some universities might require you to have a personal laptop with satisfactory specifications for admission to MS business analytics, UK.
Ques. Is GMAT mandatory for MSc business analytics UK?
Ans. No, GMAT score is not mandatory for MSc business analytics program across most of the universities. Some universities might require you to have GMAT score of over 650. However, the universities expect a competitive GMAT score between 600 to 700 or 50% in each section of GMAT Focus edition.
Ques. Can I pursue MSc in Business Analytics in UK without work experience?
Ans. Yes. MSc in business analytics in UK is available to international students without any work experience. However, you might need to submit multiple academic recommendations as an applicant without work experience. Some universities in UK like Imperial College London, also consider internship or work placement in a relevant field as 'Industrial/Professional Experience’.
Ques. How much does MSc in business analytics in UK cost?
Ans. The tuition fees for a master in business analytics in UK can range between 23,500 to 41,000 GBP in the top universities. You can anticipate to spend anywhere between 1,581 to 2,184 GBP (1.65 to 2.28 lakhs INR), as the cost of living in UK. A list of the tuition fees for MSc in business analytics in UK across popular business schools is provided below:
| Business School | Application Fee (GBP) | Tuition Fees (GBP) | Equivalent Fees for Indians (INR) |
|---|---|---|---|
| Imperial College Business School | 100 | 41,000 | 42.73 lakhs |
| Warwick Business School | 75 (Non Refundable) | 35,350 | 36.85 lakhs |
| Alliance Manchester Business School | 60 | 33,000 | 34.40 lakhs |
| University of Edinburgh Business School | 60 | 31,300 | 32.63 lakhs |
| Durham University Business School | 60 | 35,000 | 36.49 lakhs |
| Leeds University Business School | 60 | 30,250 | 31.53 lakhs |
| Bath School of Management | 60 | 29,000 | 30.22 lakhs |
| Lancaster University Management School | 40 | 31,500 | 32.83 lakhs |
| Nottingham University Business School | 50 | 28,600 | 29.80 lakhs |
| Bayes Business School | No application fee | 31,500 | 32.83 lakhs |
| Southampton Business School | 50 | 28,900 | 30.12 lakhs |
| Aston Business School | No application fee | 23,500 | 24.49 lakhs |
Ques. Is it easy to get a job as business analyst in UK?
Ans. In the UK, salaries for the position 'Business Analyst' can range between 44,700 to 142,000 GBP per annum. According to reports, 65% of these people earn between 53,100 to 74,700 GBP. The average salary of a business analyst in UK in the initial 2 years is 53,000 GBP (55.51 lakhs INR). Within 2-5 years, the average salary grows up to 68,100 GBP (71.32 lakhs INR).
Ques. Where do graduates of MSc business analytics in UK work?
Ans. MSc business analytics graduates in UK are employed as business analysts, business managers, business consultants and a plethora of other roles, throughout the world. Some of the top employers of MSc in business analytics in UK are Citi, Barclays, British Airways, and Deloitte, among others. Check out the popular professions pursued by graduates of MSBA in UK and their respective average salary:
| Professional Role | Average Annual Salary (GBP) | Equivalent Salary for Indians (INR) |
|---|---|---|
| Manager | 122,000 | 1.27 crore |
| General Manager | 104,000 | 1.08 crore |
| Business Manager | 101,000 | 1.05 crore |
| Business Analyst | 91,200 | 95.39 lakhs |
| Business Consultant | 91,300 | 95.50 lakhs |
| Business Advisor | 89,800 | 93.93 lakhs |
| Business Operations Specialist | 84,800 | 88.70 lakhs |
| Operations Analyst | 83,400 | 87.23 lakhs |
| Impact Assessment Specialist | 82,700 | 86.49 lakhs |
| Business Development Engineer | 72,600 | 75.93 lakhs |
| Data Manager | 66,700 | 69.76 lakhs |
| Business Developer | 56,900 | 59.51 lakhs |
| Operations Research Analyst | 54,800 | 57.31 lakhs |
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