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Top Business Schools in UK 2024

Top Business Schools in UK 2024

Edited By M Anusha | Updated on Nov 23, 2023 03:19 PM IST

Top Business Schools in UK 2024 - The UK has a great history of providing quality education, especially in business studies. Earning a degree in top-tier UK business schools adds great value to a student's career. A wide range of business courses are available for students like economics principles, finances, commercial law, marketing, etc and many more, leaving the students with more options. GMAT or GRE are the common entrance exams to get admission into the best business schools in UK.

Top Business Schools in UK 2024
Top Business Schools in UK 2024

The London Business School stands first among the top business schools in UK for Business and Management Studies, according to the QS World University Ranking 2024. Read this article on top and best business schools in UK, to know about their rankings, courses, eligibility exams, tuition fees, etc.

Top Business Schools in UK 2024

The top-listed business schools in the UK also hold a great position in the world university rankings. The best part is that most of the top business schools in this country provide a global master's degree which enables the global experience to study in 2 to 3 different countries and build international connections.

To get admission in these top b-schools in UK for masters, the candidates should have a minimum academic grade of 60% and meet the GMAT/GRE cut-off set by each university separately. Few universities like Lancaster do not require the GMAT or GRE for admission purposes. Here is the list of top-ranking B schools in the UK in the business and management studies published by QS World University Ranking 2024. Most of these top universities in the list are public universities in the UK.

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Top Business Schools in UK 2024 - Business and Management studies

QS World Ranking 2024

School/University in UK

3

London Business School

8

University of Cambridge

9

University of Oxford

11

The London School of Economics and Political Science (LSE)

22

The University of Warwick

28

Imperial College London

35

The University of Manchester

57

University of Leeds

70

City, University of London

70

Lancaster University

London Business School

London Business School located near Regent’s Park, London is a constituent college of the University of London. This b-school is one of the best business schools in UK to have a triple accreditation of AACSB, EQUIS, and AMBA. These accreditations ensure the high-quality education provided by the school to meet the degree requirement. It is one of the top business schools in UK holding the 5th position in the QS World University Ranking for the MBA.

London Business School offers master's, global master's and PhD degrees in courses like finance, economics, accounting, marketing, entrepreneurship, etc. Being one of the best business schools in UK, the students can benefit from the 42,000 alumni who provide a wealth of knowledge and networking opportunities. It is one of the top business schools in UK where students are allowed to travel the world through international exchanges to other top business schools and internships, etc which are part of a few study programs. It is also one of the top MBA colleges in UK and consists of 2000 international students on the campus.

Entrance Test for Masters - GMAT(700), GRE

Tuition fee - £37,00 - 109,700 per year

Cambridge Judge Business School

The Cambridge Judge Business School located on Trumpington Street, Cambridge is a business school of Cambridge University. It is one of the top business schools in UK offering UG, masters and research masters, PhD and Executive programs in MBA, finance, accounting, social innovation, marketing, etc and many more. Being one of the best UK business schools it provides entrepreneurship programmes that accelerate start-ups through workshops, lectures, termly talks, etc.

Entrance Test for Masters - GMAT(690), GRE

Tuition fee - £33,000 to 88,00 per year

Oxford Saïd Business School

Said Business School located in Oxford is a school of the University of Oxford. It is one of the top MBA universities in UK, where research focuses on developing evidence-based insights to address the challenges faced by the world of business and broader society. The university offers a wide range of programmes for bachelor, master, diplomas, and executive diplomas in subjects like economics, finance, innovation, marketing, technology, etc and many more.

Being one of the top business schools in UK, Oxford Saïd Business School offers a 1+1 MBA programme that combines a master's with an MBA. The school delivers cutting-edge education and nourishes the students for successful business careers.

Entrance Test for Masters - GMAT (650 or above), GRE

Tuition fee - £23,000 - 78,000 per year

The London School of Economics and Political Science (LSE)

LSE located in Central London is a public research university. It is the best MBA university in UK holding the 46th position in the World University Rankings 2024 of Times Higher Education. The school offers a range of UG and graduate degrees and online courses.

A few of the courses are business, economics, finance, management, entrepreneurship, accounting, data science, etc and many more in etc. Being one of the best B schools in UK, it has also been ranked as the top sustainable institution in the UK by QS rankings.

Entrance Test for Masters - GMAT, GRE

Tuition fee - £27,000 - 38,000 per year

Warwick Business School

Warwick Business School located in Coventry, England is a business school of the University of Warwick. It is one of the top business schools in UK, as 93% of the Warwick Business School research outputs are rated “world-leading or internationally excellent”. The school offers more than 50+ business-related programs in Diploma, UG, PG, and doctoral level and a few online programs as well.

The school ranks 1st position in the world for the Global Online MBA by the Financial Times Ranking. Being one of the top MBA colleges in UK, it has an employment rate of about 91% within 3 months of completion of the MBA course. Students can expect a post-MBA salary of £70,746 in the placements.

Entrance Test for Masters - GMAT, GRE

Tuition fee - £29,850 - 64,220 per year

Imperial College Business School

Imperial College Business School located in London is a business school of Imperial College London. The school offers various programs at UG, PG, PhD level, etc. Being one of the best universities in London for MBA it provides full-time, global online, weekend and executive MBA options.

The Imperial College of London is one of the top business schools in UK, holding the 3rd position in the World University Rankings 2024 of Times Higher Education. It is one of the best business schools in UK that encourages innovative and entrepreneurial thinking among the students.

Entrance Test for Masters - GMAT (600), GRE

Tuition fee - £37,700 - 69,220 per year

Alliance Manchester Business School

Manchester Business School located in Booth Street, Manchester is a business school of the University of Manchester. The University is one of the top business schools in UK, to be triple accredited by AMBA, AACSB, EQUIS, etc which is the global benchmark of quality of the degree and ensures the obtained degree will be recognised throughout the world.

The school offers varied business-related courses in UG, PG, and PhD levels like accounting, finance, AI & Analytics, entrepreneurship and innovation, etc and many more. Being one of the best MBA colleges in UK, the school provides regular full-time MBA, Global online and part-time MBA options to the students.

Entrance Test for Masters - GMAT, GRE

Tuition fee - £20,000 - 48,000 per year

Leeds University Business School

Leeds University Business School located in Woodhouse Lane, Leeds is a school of the University of Leeds. It is one of the top business schools in UK ranking 57th position in the QS World University Ranking 2023 for the subject of business and management. The school offers UG, master's, and research degrees in accounting, management, economics, marketing, etc and many more.

The school encourages the students to develop different perspectives to become independent thinkers. Being one of the top management colleges in UK, the placement rate of the school is around 90% for UK-based graduates.

Entrance Test for Masters - GMAT (600)

Tuition fee - £17,500- 36,500

Bayes Business School

The Bayes School located in England is a school of City, University of London. The university is one of the top business schools in UK ranking 2nd position the UK in the complete university guide for its marketing courses.

The business school offers UG degrees, taught and research postgraduate degrees in courses like accounting, actuarial science, banking, finance, business analytics, management, marketing, etc and many more. Being one of the best MBA colleges in UK, the MBA course in this school has a placement rate of 81%.

Entrance Test for Masters - GMAT (600), GRE

Tuition fee - £12,500- 50,500 per year

Lancaster University Management School

The Lancaster University located in Bailrigg, Lancaster is a public research university. It is one of the top business schools in UK with triple accreditations by AMBA, AACSB, and EQUIS. The business school offers more than 70+ UG courses, 20 + master's courses, 10+ PhD courses, etc. Being one of the best business schools in UK, it does not require GMAT score or GRE score for studying master's. Indian students with a bachelor's degree of 60% academic grades and 3 years of working experience will be eligible to apply for a master's in the Lancaster Business School.

Entrance Test for Masters - N/A(GMAT not necessary)

Tuition fee - £20,500- 39,000 per year

Know more about studying in UK:

Study MBA in the top business schools in UK

MBA is one of the best courses to study in the business schools in UK. Students can choose among the popular MBA specializations offered by these UK universities. Listed below are the QS World Global MBA rankings 2024 of the best business schools in UK. These universities facilitate various MBA study options like full-time, part-time, online, and global MBA etc.

Top MBA Business Schools in UK 2024

QS MBA Ranking 2024

School/University in UK

5

London Business School

12

Cambridge (Judge)

13

Chicago Booth

16

Oxford (Said)

21

Imperial College Business School

35

Warwick Business School

47

Manchester (Alliance)

56

University of Edinburgh Business School

87

Cranfield School of Management

94

Durham University Business School

Careers After Study in Business Schools

After completing studies in business, there are careers available in almost every sector of the industry. The industry needs a lot of members of expertise who can run their businesses and deal with their finances, where business grads and make a career.

A few of the career opportunities with a business degree are as follows.

  • Business Analyst
  • Financial Examiner
  • Logistics Manager
  • Human Resource
  • Supply Chain Management

Frequently Asked Question (FAQs)

1. Which university is best for business studies in UK?

There are many best universities to study business in UK. The top 5 business schools in UK to study business as per the QS World Ranking are - 

  • London Business School

  • Cambridge University

  • Oxford University

  • London School of Economics

  • University of Warwick

2. Which MBA degrees are best in UK?

As per the QS Global MBA ranking, here are the top 5 colleges that provide the best MBA degree in UK.

  • London Business School

  • Cambridge University

  • Chicago Booth University

  • Oxford University

  • Imperial College Business School

3. What is the average GMAT score required to study in UK?

On average a GMAT score of 650 is best to get admission into the top business schools in UK. The minimum required GMAT score to study in UK is around 550 to 570.

4. Is MBA better in UK or India?

The top business schools in the world are located more in the UK than in India. A degree from a UK university is globally recognised and provides the candidate with plenty of post-study opportunities with the best salary packages higher than in India.

5. Is MBA expensive in UK?

On average it costs about 25,000 to 80,000 Euros per year to study MBA in the UK, depending on the university selected. When converted in Indian currency is about INR 22 to 70 lakhs per year.

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for further information, you can check out this link as given below:

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