Lancaster University Management School is a business school under the renowned parent organization of Lancaster University. The school is accredited by the leading American business school accreditation AACSB and the European Business School accreditation EQUIS. LUMS is one of the reputed institutions in the UK and its reputation is reflected in the top 10 position in three UK league tables.
Applications can be sent online through the UCAS portal for undergraduate programs and the university application portal for postgraduate programs at Lancaster University Management School. Admissions are offered at Lancaster on a rolling basis and the university does not charge any application fee.
The average cost of living at Lancaster is £12,012. For an Indian student, an equivalent cost of 12.10 lakh INR. Needful students are awarded scholarships to meet their educational expenses. International students from over 44 countries are offered some type of financial aid. Students enrolling in MBA programs need to submit GRE or GMAT scores.
Lancaster University Management School Rankings
LUMS is ranked as one of the leading business schools in the UK. The following are the ranks and reputations awarded to LUMS.
- #10 in The Times and Sunday Times Good University Guide.
- #9 in the UK by the Financial Times MBA Rankings.
- #25 in Europe by the Financial Times MBA Rankings.
- #96 in the world by the Financial Times MBA Rankings.
- #77 in Executive MBA by QS Global Rankings.
Highlights
| Type | Public |
| Campus Setting | Urban |
| International Students | 5000+ |
| Faculty | 350+ |
| Undergraduate Programs | 48+ |
| Postgraduate Programs | 50+ |
| Mode of Program | On-campus, online, full-time, part-time |
| No of Departments | 7 |
| Application Portal | UCAS, PG Application Portal |
| Application Fee | No Application Fee |
| Test Scores Accepted | GMAT/GRE/IELTS/TOEFL/PTE |
| Website | www.Lancaster.ac.uk |
Lancaster University Management School Campus
The Lancaster University Management School is located at the centre of the LU campus. The Management School is the main building of the campus and home to flexible teaching spaces, popular Hubs and beautifully landscaped parkland with excellent facilities. The campus is well equipped with learning centres, shops, social venues, sports facilities, study spaces and much more.
The £20 million sports centre provides a wide range of facilities, classes and activities which are open to the public, staff and students. The campus also houses a Woodland Walk track that consists of beautiful woodlands. The fitness trail is a free and easily accessible way to exercise.
The university library provides a high-quality academic environment for students to study and homes to over half a million printed titles to browse and borrow. The campus is home to a variety of places to eat and drink with cafes, restaurants and college bars.
There are more than 200 clubs and societies for students to meet new people, follow their interests, try new things and find a community to be a part of during their time at Lancaster. If you can’t find one you can even start your society or club.
Lancaster University Management School Accommodation
Lancaster’s accommodation is awarded as “Best University Halls” by the National Student Housing Awards eight times. It offers almost 7000 beds for undergraduates, postgraduates and families. The on-campus housing consists of a range of rooms such as Standard, Ensuite, Superior Ensuite, Townhouses, Studios, and Catered.
All variations of standard accommodation include a bed, wardrobe, desk and chair, drawers and bookshelf, plus a washbasin. The kitchen includes storage spaces, freezer, microwave, vacuum cleaner and much more. The campus also includes over 80 visitor rooms throughout the year and around 1000 during the summer for guests and visitors.
The university also offers off-campus housing services through Chancellor’s Wharf Residence Halls with all facilities and services as well. This residence hall is situated at the bank of the Lancaster canal and is a few minutes from the campus. The accommodation costs are tabulated below:
| Room Type | Weekly Cost in GBP |
|---|---|
| Superior Ensuite | 145.46-154.98 |
| Ensuite | 141.75 |
| Basic Ensuite | 131.46 |
| Townhouse | 132.93 |
| Superior Standard | 125.37 |
| Standard | 110.88 |
| Basic Standard | 94.99 |
| Single Studio | 172.90 |
| Twin Studio | 192.36 |
The housing applications can be made from June. The accommodation team will contact the students through email after they accept the admission offer at Lancaster.
Lancaster University Management School Programs
Lancaster University Management School consists of six academic departments and delivers world-class business programs at undergraduate, postgraduate and PhD levels. LUMS offers 48 BSc Hons programs at the undergraduate level. It offers over 50 postgraduate taught and research degrees.
In addition to the regular full-time program, the university also offers doctoral and executive education such as executive MBA and open programs. The school also offers double degree and study abroad programs in various fields. Through the double degree program, International Business Management can be taken in Germany, France, Canada, Mexico, Italy and Spain.
Lancaster University Management School Admission Process
The school charges no application fee for admission. Students must submit all the required documents according to the program specific deadlines.
Application Portal: UG - UCAS, PG - Postgraduate Application Portal
MSc Management – Emlyon Business School
Deadlines
- UG programs: October 15
- PG Program: Course-specific deadlines
Admission requirements
Following are the documents required for admission to Lancaster University:
- High school or degree certificates
- Academic transcripts
- Personal statement
- LOR
- Admission Tests such as TMUA or STEM
- Passport
- Research proposal(research degrees only)
- Work experience
- Interview
- GMAT or GRE (for MBA programs)
- English proficiency scores
English Proficiency Tests
The university accepts the following test for proof of English proficiency:
| Test | Required Scores |
|---|---|
| IELTS | 6.5 overall, min 5.5 in each element |
| TOEFL iBT | 87 overall |
| PTE | 58 |
| Cambridge English Advanced CAE | 176 overall with at least 162 in each element |
| Cambridge English Proficiency(CPE) | |
| GCSE/IGCSE/O | Grade C/4 |
| CaMLA ECPE | Grade C2 |
| Trinity ISE | ISE II |
| LanguageCert English Language | B2 communicator with 39 in each skill |
Lancaster University Management School Cost of Attendance
The below table outlines the tuition fee rates for international students at Lancaster University Management School. The total tuition fees at Lancaster ranges around 21,000 GBP (~21.14 lakh INR). The following table depicts the standard costs of living, it may vary with the courses you choose.
| Category | Average Monthly Costs in GBP |
|---|---|
| Rent | 130 |
| Bills(for off-campus accommodation) | 20-25 |
| Food and toiletries | 45 |
| Clothes | 10 |
| Laundry | 5 |
| Telephone, TV | 10 |
| Travel | 12 |
Lancaster University Management School Scholarships
Lancaster University offers a wide range of scholarships in UK for international students. Aspirants from over 44 countries receive scholarships at LUMS.
Lancaster EU Transition Scholarship: Lancaster University offers a scholarship award of £7,000 to eligible undergraduate and postgraduate international students enrolled in taught programs. It is awarded as a fee waiver per year and no separate application is required. applicants must receive either a conditional or unconditional offer letter. Undergraduate awardees must achieve AAA at A level and postgraduate awardees must achieve the equivalent of the UK first-class undergraduate degree.
Alumni Loyalty Scholarship: This scholarship offers a reduction in tuition fees for eligible postgraduate taught students. It offers a 20% reduction for 1st class Hons degree holders and a 10% fee reduction for 2:1 (60-70%) Hons degree holders. Holding an undergraduate or master’s degree from Lancaster University or graduate from the partner institutions is necessary for availing the scholarship.
Besides the university-funded scholarships, the management school also offers several scholarships to international students:
| Scholarship | Amount | Deadline |
|---|---|---|
| Master Degree Funding | Variable | As soon as possible |
| Fulgoni Scholarship Awardees must hold an offer to study MSc Marketing or MSc Advanced Marketing Management | Variable | June 30 |
| MBA Scholarships | 5,000-20,000 | As soon as possible |
| MSc Business Scholarship | Variable | May 1 |
| CFA Scholarship | Variable | - |
Work study
International students with a Tier 4 visa and enrolled in a full-time program can work up to 20 hours a week and full-time during vacations in Uk. The Employment and Recruitment Service is a part of the Career Team and advertises part-time paid work available during studies.
Lancaster University Management School Alumni
Lancaster University Management School has over 45,000 alumni members spread across the globe. Alumni members have access to a range of benefits and services. Alumni enjoy walk-In access to the library, online shop of university, and online journals. Alumni are offered with great discounts on university programs, sports memberships, Lancaster Hotel, and conferences. Some notable alumni of the school are:
- Antony Burgmans – Chairman – Unilever
- Ricky Wong – CEO – Asia Media
- Randall Zindler – CEO- Medair
- Rainer Hersch – Comedian
- W. Brain Arthur - Economist
Lancaster University Management School Placements
The school’s Career Services works closely with the students, graduates and alumni to offer various kinds of internships, work experience opportunities, industrial placements etc. The school has a great connection with some of the top global recruiters. Students can access many career resources through Careers Portal. The university has also been awarded the overall winner of the Abintegro Employability Index Award.
Students benefit from various services such as annual career fairs attracting 100+ employers, career-related workshops, and events. Students are guided in resume/CV and interview preparations, placements, job search portals, higher study and much more.
The average salary of Lancaster University & Management School graduates and alumni salaries are listed below:
| Profession | Average Annual Salary in GBP |
|---|---|
| Financial Services | 85,000 |
| Program & Project Management | 60,000 |
| Executive Management & Change | 58,000 |
| Legal & Paralegal | 52,000 |
| It & Software Development | 48,000 |
| Consulting Accounting & Professional Services | 46,000 |
The average salaries by degree are listed below:
| Degree | Average Annual Salary in GBP |
|---|---|
| LLM | 80,000 |
| MBA | 78,000 |
| Master in Finance | 70,000 |
| Executive Masters | 60,000 |
Lancaster is popular among the international students especially for its MBA programs. The school has produced several elite personalities across different business related fields. The outstanding scholarship availability and ensuring career opportunities makes the school stand out.
FAQs
Ques. How much will it cost to live and study in Lancaster?
Ans. The estimated average cost of living at Lancaster University per academic year is
- Undergraduate Cost - £9,420
- Graduate Cost - £12,012
Ques. Can I take work placements in Lancaster University Management School?
Ans. Tier 4 visa students are eligible to take work placements as long as they do not constitute more than 50% of the duration of a course.
Ques. Can I apply to undergraduate programs after the deadline at Lancaster University Management School?
Ans. Some courses may accept applications even after the deadline if places are available.
Ques. Am I guaranteeing a room?
Ans. As an incoming undergraduate student, you are guaranteed a place on campus if Lancaster is your first choice and you have accepted an offer via UCAS and submit your application before the deadline.
Ques. Do I need to pay any deposit fee for housing confirmation?
Ans. Applicants need to pay a £200 deposit fee for housing confirmation which is refundable at the end of the contract.
Ques. Does LUMS offer any scholarship for the executive MBA program?
Ans. Yes, the department of Business offers a scholarship of an amount ranging from £5,000 - £20,000 to the Executive MBA students.
Ques. How long does it take to process applications at LUMS?
Ans. Usually, the applications are processed and decisions are made within 3 weeks after receiving the complete application along with the supporting documents.
Ques. How can I get more information about Lancaster in my home country?
Ans. You can contact the university agents in your home country to know more information about studying at Lancaster University. With its vibrant and multicultural campus, Lancaster University Management School is home to students from more than 150 countries. The LUMS students get the opportunity to take part in the study abroad programs and learn closely in partnership with other top business schools from over 40 universities.
