Masters in Business Analytics in UK is a 1-2 years graduate degree program for international students. International students with an undergraduate degree in quantitative field can apply for admission to the program. Students with a GPA of 8 on a scale of 10 (80%) can apply for admission to the top Masters in Business Analytics colleges in UK.
Check: MSc Business Analytics in UK Admissions
The annual tuition fee for MS in Business Analytics in UK ranges from 21,900 to 37,300 GBP (21.62 to 36.82 lakhs INR). The program has proven excellent return on investment with graduates earning average annual salaries up to 57,000 GBP (55.63 lakhs INR). Some of the top recruiters employing graduates of Masters in Business Analytics in UK are Deloitte, Barclays, Amazon, Citi, Accenture, HSBC among others.
Explore: MS Jobs in UK
Masters in Business Analytics in UK: Highlights
| Programs Offered | Masters in Business Analytics | MS in Business Analytics and Management Science | MS in Business Analytics and Decision Science |
| Program Type | Full Time |
| Program Duration | 1-2 years |
| Degree Requirement | Quantitative undergraduate programs |
| Minimum Overall Average | 60% |
| Standardized Test Score | 90th percentile in GRE or GMAT |
| English Proficiency | IELTS: 7.0 with 6.5 in each section |
| Annual Tuition Cost | 21,900 to 37,300 GBP (21.62 to 36.82 lakhs INR) |
| Annual Average Salary | 44,000 GBP (44 lakhs INR) |
| Top Professions | Cyber Security Engineer, Credit Controller, Business Analyst, Risk Manager, Project Manager |
| Top Employers | Barclays, Amazon, Deloitte, Citi, Accenture, HSBC, Cognizant, Deutsche Bank |
Masters in Business Analytics in UK: Top Universities
Masters in Business Analytics in UK is a popular program and available across numerous high ranked universities in UK. Following are some of the top universities in UK for Masters in Business Analytics, their respective application deadlines and fees:
| University | Programs | Application Deadlines | Annual Tuition Fee (GBP) |
|---|---|---|---|
| University of Edinburgh | Masters in Business Analytics | Round 4: April 26, 2023 | Round 5: June 7, 2023 | 29,500 |
| University of Manchester | Masters in Business Analytics | No official closing date | Students are advised to apply early | 31,000 |
| Imperial College London | MS in Business Analytics | Round 2: January 20, 2023 | Round 3: March 31, 2023 | Round 4: May 26, 2023 | Fee: 37,300, Deposit: 3,730 |
| University of Warwick | MS in Business Analytics | August 2, 2023 | 33,000 |
| University of Southampton | MS in Business Analytics and Management Science | Rolling admissions | 26,352 |
| University of Leeds | MS in Business Analytics and Decision Science | Accepted throughout the year | 27,500 |
| University of Surrey | MS in Business Analytics | September 2023 (12, 15 and 24 months): June 1, 2023 | February 2023: 20,800 |
| September 2023: 1 year: 22,000 | 15 months: 23,500 | 2 years: 22,000 | |||
| Lancaster University | MS in Business Analytics | June 30, 2023 | 26,500 |
| University of Kent | MS in Business Analytics | July 31, 2023 | 21,900 |
| University of Essex | MS in Business Analytics | Rolling | 21,350 |
| Durham University | MS in Business Analytics | June 12, 2023 | 33,500 |
| Aston University | MS in Business Analytics | July 1, 2023 | 22,750 |
Why Study Masters in Business Analytics in UK?
- Since data is growing every day at a rapid rate, of less than 10 zettabytes in 2015 to almost an expected 180 zettabytes by 2025, the need for professional Business Analysts is also rising strikingly.
- The demand for Business Analysts in the world is high and is expected to increase considerably.
- A Masters degree in Business Analytics opens the window to endless professional opportunities across Business and Data. According to reports from Payscale, graduates with a Masters in Business Analytics in UK earn an average salary of 36,000 GBP (35.13 lakhs INR) per year.
- With 2-5 years of experience, Business Analysts in UK can expect 29% annual salary growth. With 5-10 years of experience you can expect up to 38% growth in salary. This ensures a handsome income to students pursuing professions in Business Analytics.
Masters in Business Analytics in UK Subject and Specialization
Masters in Business Analytics in the UK prepares students in the fields of Analytics, Data Science, and Critical Thinking. Some of the popular subjects included in Masters in Business Analytics in UK are as follows:
- Data Analytics
- Foundation of Finance
- Principles of Accounting
- Innovation Management
- Supply Chain Management and Logistics
- Machine Learning and Visualisations
- Risk Management
- Business Process Management
Masters in Business Analytics in UK Admissions
Admission to Masters in Business Analytics in UK are commonly offered in the Fall and Winter terms. International students need to apply at the earliest to have a better chance of securing admission to the program. The top universities in UK for Business Analytics prioritize students hailing from top ranked institutions, students with GRE or GMAT scores and students with professional experience in relevant fields. The details about admission to the program are provided below:
Masters in Business Analytics in UK Eligibility
For admission to Masters in Business Analytics in UK, all international students need at least 60% overall score in undergraduate programs. Students must demonstrate honours in a quantitative discipline like Mathematics, Economics, Statistics, Computer Science, Engineering, Physics among others. The additional requirements for Masters in Business Analytics in UK across the top universities are as follows:
- GMAT or GRE score with 90th percentile
- 1 professional LOR and 2 academic LORs
- Personal statement
- Updated CV
- 3 years of work experience
- IELTS score of 7.0 overall with 6.5 in each section
Masters in Business Analytics in UK Admission Requirements
The admission requirements for Masters in Business Analytics in UK across some of the top universities are as follows:
| University | Degree Requirements | Minimum IELTS Score | Standardised Test Score | Additional Requirement |
|---|---|---|---|---|
| University of Edinburgh | 2:1 honours degree or equivalent (60-70%) | Honours in Management Science, Operational Research, Statistics, Econometrics, Mathematics, Physics, Computer Science, Engineering, or Business and Management | 60% or more or GPA of 8 on a scale of 10 for Indian students | 7.0 with 6.0 in each section | Optional | Work experience is not mandatory but desirable |
| University of Manchester | 1st or upper 2nd class honours | Mathematics, Statistics, Physics, Engineering, Computing, Management Science or Economics | Grade average, class rank and standing of institution are considered | 1st division with 65-80% for Indians | 7.0 with 6.5 in each section | Standard XII English from CBSE, ICSE, or West Bengal Board with 85% | Optional | Not required |
| Imperial College London | International equivalent of a 1st or upper 2nd class honours in quantitative discipline like Mathematics, Statistics, Computer Science, Engineering, Physics, A quantitative economics degree | 7.0 with 6.5 in each section | GRE or GMAT score not required | GMAT or GRE result with 90th percentile is recommended | Quantitative Experience Statement (Can include work experience or quantitative courses) | Career planning questions on application form: Proof of professional research |
| University of Warwick | 2:1 undergraduate degree or equivalent | Background in Economics, Business, Engineering, Psychology, Geography, Sociology, and Politics | 7.0 overall | 7.0 in 2 components and 6.0 or 6.5 in 2 components | Optional | Strong numeracy and IT statistical ability |
| University of Southampton | 2:1 degree in a quantitative subject like Accounting, Economics, Finance, Maths, Management Sciences, Engineering | 7.0 overall with 6.5 in each section | Optional | Significant work experience | Interview |
| University of Leeds | Bachelor’s with 2:1 honours or equivalent | 6.5 overall with 6.0 in each section | Not required | 2 academic LOR | Personal Statement | Up-to-date CV | Sponsorship letter (if needed) |
| University of Surrey | 2:1 UK honours degree or equivalent in Computer Science, Engineering, Finance, Economics, or Mathematics | 6.5 overall with 6.0 in each section | For study abroad and placement included courses: 7.0 overall with 6.5 in each section | Not required | 3 years of relevant work experience in Analytical or Data Intensive Field |
| Lancaster University | 2:1 honours degree or equivalent in Mathematics and/or Statistics or Engineering | Bachelor’s for 3 years with 60% overall | 6.5 overall with 6.0 in each section | Not required | Previous education topic including Maths, Probability, Statistics, Econometrics, Game Theory, Data Analysis, Operations Research, Simulation and Business Modelling |
| University of Kent | 2nd class UK degree equivalent | 6.5 overall | 6.0 in reading and writing | 5.5 in speaking and listening | Not required | Additional qualification, professional qualification and relevant experience considered |
| University of Essex | Indian undergraduate degree with an overall average of 50 to 55% or 5.3 to 5.8/10 or 2.12 to 2.32/4 | 6.5 overall with 5.5 in each section | Not required | Previous modules and work experience details |
| Durham University | International equivalent of UK 1st or upper 2nd class honours degree in Business, Computer Science or Related subject | 6.0 with 5.5 band scores | Not required | Institution rankings |
| Aston University | UK 2nd class honours degree (2:2) equivalent (50-60%) | At least 60% in quantitative modules like Economics (micro/macro), Mathematics, Statistics, Quantitative Methods, Finance | 6.5 overall | 5.5 in 2 bands and 6.0 in 2 bands | Not required | 2 professional LORs | 1 academic LOR |
Masters in Business Analytics in UK Fees
The tuition fees for Masters in Business Analytics in the UK ranges from 21,900 to 37,300 GBP (21.62 to 36.82 lakhs INR) per annum. The tuition fee across some of the top universities for MS in Business Analytics in UK are provided in the following table:
| University | Annual Tuition Fees (GBP) | Equivalent Fees for Indian Students (INR) |
|---|---|---|
| University of Edinburgh | 29,500 | 28.80 lakhs |
| University of Manchester | 31,000 | 30.27 lakhs |
| Imperial College London | 37,300 | 36.42 lakhs |
| University of Warwick | 33,000 | 32.20 lakhs |
| University of Southampton | 26,352 | 25.72 lakhs |
| University of Leeds | 27,500 | 26.84 lakhs |
| University of Surrey | 20,800 | 20.30 lakhs |
| Lancaster University | 26,500 | 25.86 lakhs |
| University of Kent | 21,900 | 21.37 lakhs |
| University of Essex | 21,350 | 21.45 lakhs |
| Durham University | 33,500 | 32.69 lakhs |
| Aston University | 22,750 | 22.20 lakhs |
Cost of Living in UK
The average cost of living in UK for an international student ranges between 12,000 to 14,000 GBP (12.10 to 14.12 lakhs INR) per year. A breakdown of the average cost of living in UK for international students is provided below:
| Expense Type | Annual Cost (GBP) | Cost Equivalent for Indian Students (INR) |
|---|---|---|
| Rent in City | 9,096 | 8.39 lakhs |
| Rent Outside City | 7,368 | 6.80 lakhs |
| Monthly Travel Pass | 660 | 0.60 lakhs |
| TV Licence | 1,884 | 1.73 lakhs |
| Utilities | 1,860 | 1.71 lakhs |
| Council Tax | 300 | 0.27 lakhs |
| Miscellaneous Expenses | 156 | 0.14 lakhs |
Masters in Business Analytics in UK Scholarships
In UK, international students can choose from a plethora of scholarships to fund their education. These scholarships provide up to 25,000 GBP (24.71 lakhs INR) for tuition fees and related expenses. A list of the popular scholarships to study in UK is provided below:
| Scholarship | Eligibility | Award Details |
|---|---|---|
| Imperial Excellence Scholarship | All successful applicants at Imperial College London | Up to 10,000 GBP |
| Leeds University The Dean's Business School International Excellence Scholarships | Self funding international students | 50% tuition fee reduction |
| The University of Manchester Global Futures Scholarship | Self funded meritorious students from South Asia | 6,000 GBP |
| The University of Manchester GREAT scholarship | Students applying to 1 year program | At least 10,000 GBP |
| University of Edinburgh Business School International MSc Scholarship | Meritorious students from all countries | 5,000 and 10,000 GBP |
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Masters in Business Analytics in UK Placements
Graduating with a Masters in Business Analytics in UK opens a wide variety of opportunities for international students. With Business Analytics being a growing sector, individuals get the exposure to work as a Business Analysts, Business Consultant, Business Development Specialist and numerous other roles. Some of the popular companies hiring Business Analysts in UK are as follows:
| Barclays | Amazon | Deloitte | Citi |
| Accenture | HSBC | Cognizant | Deutsche Bank |
After Masters in Business Analytics in UK, graduates earn an average salary of 44,000 GBP (44 lakhs INR) per year, according to the reports of Payscale. The following table consists of some of the popular jobs pursued by Masters in Business Analytics graduates in UK:
| Job Profile | Average Annual Salary (GBP) | Salary Equivalent for Indians (INR) |
|---|---|---|
| Country Manager | 34,000 | 33.18 lakhs |
| Cyber Security Engineer | 47,000 | 45.87 lakhs |
| Credit Controller | 24,000 | 23.42 lakhs |
| Junior Business Analyst | 28,000 | 27.33 lakhs |
| Senior Business Analyst | 42,000 | 41 lakhs |
| Risk Manager | 47,000 | 45.87 lakhs |
| Enterprise Architect | 57,000 | 55.63 lakhs |
| Project Manager, Information Technology | 44,000 | 42.94 lakhs |
Check Out: UK Work Visa
The average mid-career salary of Data Analysts in UK in the popular cities in UK according to Salary Explorer is provided below:
Masters in Business Analytics in UK Return on Investment
A brief comparison of the annual tuition fees and average salaries in UK across some of the top universities is provided below:
| University | Annual Tuition Fees (GBP) | Average Salary of Graduates (GBP) |
|---|---|---|
| University of Edinburgh | 29,500 | 35,000 |
| University of Manchester | 31,000 | 34,000 |
| Imperial College London | 37,300 | 39,000 |
| University of Warwick | 33,000 | 37,000 |
| University of Southampton | 26,352 | 35,000 |
| University of Leeds | 27,500 | 33,000 |
| University of Surrey | 20,800 | 34,000 |
Masters in Business Analytics in UK v/s Masters in Business Analytics in Germany
A brief comparison between Masters in Business Analytics in UK and Masters in Business Analytics in Germany is provided below:
| Particulars | Masters in Business Analytics in Germany | Masters in Business Analytics in UK |
|---|---|---|
| Duration | 1-2 years | 1-2 years |
| Eligibility Criteria | Bachelor's degree in subjects such as business, finance, computer science, marketing, management, or any similar field | Honors in a quantitative discipline like Mathematics, Economics, Statistics, Computer Science |
| Percentage Required | 65-70% | 60% |
| Work Experience | At least 1 year | 3 years |
| Language Proficiency | IELTS: 6.5 | TOEFL: 80 | DSH Level-2 | IELTS: 7.0 with 6.5 in each section | |
| Standardized test scores | Not required | 90th percentile in GRE or GMAT |
| Monthly Cost of Living | 783 EUR (66,463 INR) | 1,120 GBP (1.11 lakhs INR) |
| Tuition Fee | 8,000-22,000 EUR (6.95 lakhs to 19.11 lakhs INR) | 21,900 to 37,300 GBP (21.62 to 36.82 lakhs INR) |
| Graduate Salary | 51,000 EUR (44 lakhs INR) | 44,000 GBP (44 lakhs INR) |
| Top Employers | Amazon, Big Point, Trivago, Zalando | Barclays, Amazon, Deloitte, Citi, Accenture, HSBC, Cognizant, Deutsche Bank |
UK is one of the prime business centres in Europe. With the increasing demand of Business Analysts across the world, UK has emerged as one of the prime countries producing quality MSc Business Analytics graduates. If you combine the quality of education, scholarships and placement opportunities, UK is currently one of the best places to study Masters in Business Analytics.
FAQs
Ques. Is Masters in Business Analytics in UK worth it?
Ans. Yes. The top-notch education, ultramodern infrastructure in some of the top traditional universities in the world reflects the excellence of Masters in Business Analytics in UK. A Masters in Business Analytics in UK opens a variety of professional opportunities for international students. Top employers like Barclays, Amazon, Deloitte, Citi, Accenture, HSBC, Cognizant, Deutsche Bank recruits international students graduating with MSc in Business Analytics.
Check: High Paying Jobs in UK
Ques. How much is the tuition fee for Masters in Business Analytics in UK?
Ans. The cost of MSc in Business Analytics in UK ranges from 21,900 to 37,300 GBP (21.62 to 36.82 lakhs INR) per year.
Ques. Is Business Analytics in UK a high paying job?
Ans. Yes. Business Analysts in UK typically earn an average salary of 36,000 GBP (35.13 lakhs INR) per year. Furthermore, students can expect an annual salary growth of 29% with 2-5 years of professional experience.
Ques. Is MSc in Business Analytics a STEM course in UK?
Ans. Yes. Business Analytics in UK is a STEM designated discipline, hence MSc in Business Analytics can be considered as a STEM course in UK.
Ques. Can I pursue MSc in Business Analytics in UK without work experience?
Ans. Yes. Some of the top universities in UK accept students without any prior work experience. Students need to demonstrate excellent academic merit, and coursework in the quantitative field for admission to the program without professional experience.
Ques. How much can I earn after Masters in Business Analytics in UK?
Ans. The average salary of Masters in Business Analytics graduates in UK is 36,000 GBP (35.13 lakhs INR) according to reports of Payscale. However, graduate students can earn up to 57,000 GBP (56.44 lakhs) per annum after MSc Business Analytics in UK.
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