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Business Analytics in UK: Guide to Best Universities in UK for Business Analytics

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Kashyap Matani
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In today’s time, a business analytics course in UK focuses on training the skills essential to making optimal business decisions through the usage of specific practices and technology. Business analytics involves a well-balanced grouping of mathematics, business studies, and technology. In addition, it deals with statistics and probability and business insight-related subjects like finance. Also, the program is a subsection of data science where techniques help study business data.

Businesses and organisations gather and store data all across the world to keep track of their development. Moreover, as per the report by BLS, the average annual income of a business analysis expert in UK is set to increase by 14% by the end of 2022. In this article we have stated below a complete set of information like top universities, course curriculum, scholarship, and more to apply for business analytics courses in the UK.

Table of Contents

Why Study Business Analytics in UK Universities?

UK is considered as one the leading nations where students can pursue higher studies in the business analytics field. There are multiple job options for business analytics graduates in the UK. In addition, some of the best universities in UK for business analytics are highly respected internationally. Some other reasons to pursue business analytics in UK are:

  • Top Ranking Universities

The UK is home to a number of well-regarded universities that provide the business analytics programs. Five UK universities are listed among the top 50 for offering the best business analytics program in the QS Business Masters Rankings 2022.

  • Career Opportunities

Business analytics graduates in UK are offered with better job opportunities along with the better payscale. There are a variety of employment options, from data analyst to data scientist, and the demand is on a rise.

  • High Pay

The UK is one of the top nations that offers a high pay package for business analyst graduates. Business analysts can draw an average salary of GBP 50,000 (INR 47,83,129.50) per year.

Suggested: Top 10 Reasons to Study in UK

Best Universities in UK for Business Analytics

To pursue a business analytics course in UK, there are different universities you can choose and apply to. Listed below are some of the best universities in UK for business analytics.

  1. University College London
  2. Imperial College Business School
  3. University of Edinburgh Business School
  4. The University of Manchester
  5. The London School of Economics and Political Science

Let us get into the details:           

1.  University College London

The University College London was established in the year 1826. The UCL School of Management teaches business analytics, having a mix of practical and theoretical classes that examines how data analytics are revolutionising important areas of business (strategy, marketing, operations) with modules that offer the computational and mathematical abilities necessary to effectively use the most recent business analytics technologies.

Type

Public

QS Ranking 2023

-

QS Subject Ranking 2022

-

Program Offered

BSc in Data Science and Business Analytics- 3-6 years

MSc in Business Analytics- 1 year

Program Fees (Annual)

Approx

BSc- GBP 5286 (INR 50,93,33)

MSc- GBP 35,989 (INR 34,42,800.95)

2.  Imperial College London

Imperial College London is one of the top public research institutions in the world. It is the only institution in UK with an exclusive emphasis on engineering, medicine, science, and business. You'll receive rigorous technical and mathematical training, as well as opportunities to apply what you learn in a real-world situation. You will get a complete insight about business analytics and processes to use data to drive company transformation in the future.

Type

Public

QS Ranking 2023

6

QS Subject Ranking 2022

25

Program Offered

BSc Economics, Finance and Data Science ( 3 years)

MSc in Business Analytics (1 year)

Program Fees (Annual)

Approx

BSc- GBP 9250 (INR 88,91,51)

MSc- GBP 20,017 (INR 19,14,878.06)

3.  University of Edinburgh

Students from all over the world are drawn to Edinburgh due to its entrepreneurial and inter-disciplinary culture, which produces a distinctive experience. The business analytics course will give you practical experience in using certain principles and methodologies as well as most of the widely used analytics tools. The program also offers you the knowledge and abilities needed to conceptualise, evaluate, and transform big data into information that may help future company managers to make better decisions.

Type

Public

QS Ranking 2023

-

QS Subject Ranking 2022

-

Program Offered

MSc in Marketing & Business Analysis (1 year)

Program Fees (Annual)

 Approx, GBP 25,531 (INR 24,42,361.59)

4.  The University of Manchester

The University of Manchester is a public university with a focus on research. The business analytics course offered by the university gives you the chance to practise the practical consulting skills required to function effectively in a global company setting. Through the course, students will learn about company development and analysis. Learn how to outline challenges in an international company, write business reports, and gain the confidence to be ready for interviews, among other essential skills.

Type

Public

QS Ranking 2023

28

QS Subject Ranking 2022

32

Program Offered

MSc in Business Analytics with Operational Research and Risk Analysis ( 1year)

Masters in Business Analysis and Strategic Management  (1 year)

Program Fees (Annual)

Approx

MSc in Business Analytics-mGBP 27,500 (INR 26,50,266)

Masters in Business Analysis- GBP 26,000 (INR 25,05,706.32)

5.  The London School of Economics and Political Science

The London School of Economics and Political Science, a renowned academic institution, offers business analytics courses for students to gain complete insight of the same. Additionally, students will have the chance to undertake the course and get the practical learning experience at any respected organisation. Moreover, you will have the alternative of preparing a dissertation under the guidance of a professor.

Type

Private

QS Ranking 2023

56

QS Subject Ranking 2022

11

Program Offered

BSc in Data Science ( 3 years)

MSc Operations Research & Analytics (1 year)

Program Fees (Annual)

Approx-

BSc-  GBP 23,330 (INR 22,42,585)

MSc - GBP 26,232 (INR 25,28, 064)

Suggested: Top Universities in UK for Masters in Business Analytics

Course Curriculum Of Business Analytics in UK

The business analytics course in UK help students in building the desired skills for applying business ideas, mathematical methods, and analytics.  On the practical side, you will learn how to use optimization, simulation, and statistics to model a variety of real-world issues. Students will get hands-on experience in using specialised software along with corresponding computer lab sessions. Some of the subjects covered are:

  • Fundamentals of Operations Research
  • Modeling in Operations Research
  • Project in Operations Research & Analytics
  • Principles of Accounting
  • Innovation Management

Suggested: 10 Top Courses In UK For International Students

Eligibility Criteria, And Admission Requirement for Business Analytics in UK

All best universities in UK for business analytics courses have different eligibility requirements, but we have compiled a few common requirements for your ease. Some of these are:

  • Educational Qualification
  • English Language Proficiency Test Scores
  • GRE or GMAT Test Scores
  • Work Experience
  • UK Student Visa
  • Additional Requirements

Let's check in detail:

1.  Education Qualification

For Bachelors

You need to provide a qualifying certificate of 12th grade from any registered educational institution. Having a preferred subject in business, finance, and maths can be an advantage.

For Masters

Students need to present a 3-year bachelor's degree in computer science, economics, finance or maths from a reputable university. Having a bachelor's in business analytics course is an added advantage with the GPA of 8.2/10.

2.  English Proficiency Score

Students while applying at top universities in UK for business analytics courses need to submit the score of the English Language Proficiency test. However, the score may differ according to the university in the UK and level of course.

For Bachelors

  • TOEFL-100
  • IELTS- 6.5- 7.5
  • PTE- 70

For MSc:

  • TOEFL -92-100
  • IELTS-6- 6.5
  • PTE- 66- 73

3.  GRE or GMAT Test Scores

There are some top universities in UK for business analytics demand for GMAT/GRE scores.

  • GMAT- 600- 650
  • GRE- 156

4.  Work Experience

Irrespective of the level of course you are pursuing, work experience isn't completely mandatory. However, to pursue business analytics in the UK from a leading university, especially for master's, universities may seek 2-3 years of work experience.

5.  UK Student Visa

To apply for a UK study visa, international students need to have an acceptance letter from the applied university. The average processing time for a UK student visa is three weeks, though during busy periods it may take longer.

Suggested: UK Student Visa Requirements, Age Limit, Documents, Language Requirements, Financial Requirements

Documents Required for Business Analytics in UK

To apply for the course, students need to provide some documents including-

  • Attested mark sheet along with their copies
  • LOR
  • SOP
  • Work experience
  • Updated Resume.
  • Photocopy of IELTS/TOEFL scores.
  • Proof of funds

Suggested: Everything You Need to Know about Requirements to Study in UK For International Students

Admission Process for Business Analytics courses in UK universities

To complete the admission process, you need to have all the required documents. Below are the steps to follow for admission process:

  • Check the official university website to see if you match the eligibility requirements for your desired program.
  • Take a look at the important documents and permits that you need to submit along with your application.
  • Complete the online application form and pay the application cost.
  • After submitting your application, you can log in to the admission portal.
  • Meanwhile, you can gather all of the documents needed to apply for a UK study permit.
  • If you meet the required needs, the university invites you for the entrance exam.
  • The cut-off for the entrance exam is determined by the college administration. If an applicant performs well on the entrance exam and meets the cut-off, the next step is processed.
  • Once the university accepts documents and scores, you can get an acceptance letter from the applied university
  • After receiving an acceptance letter you can apply for the UK study visa.

Suggested: Complete Guide to the Education System in UK

Cost of Studying Business Analytics Course in UK

Students when pursuing business analytics course in UK need to be prepared for higher costs, which depend on the university and location. The cost of study is divided into two different categories: tuition fees and cost of living in UK.

Tuition Fees

One of the primary costs an international student incurs while studying abroad is tuition. Top UK institutions offering business analytics course charge around:

  1. BSc- GBP 9250 (INR 89,1453)
  2. MSc- GBP 20,017 (INR 19,14,878.06)

Cost of Living

The cost of living in UK depends on the lifestyle and where you live. London has a slightly higher cost of living than comparable cities. In London, the average monthly cost of living, excluding education costs, can be around GBP 650 (INR 62,302.79).

Facilities

Cost Per Month

Accommodation

GBP 830 (INR 79555.87)

Food

GBP 50 (INR 4792.52)

Transportation

GBP 32 (INR 2576.27)

Study Materials

GBP 1000 (INR 95850.45) yearly

Suggested: Cost of Studying in UK for International Students: Tuition Fees, Cost of Living & Other Expenses in 2022

Scholarship for Business Analytics Course in UK

There are a number of significant scholarship programs available that help students to cover tuition fees. These grants are offered on a merit basis. Some of the scholarships offered are:

Scholarships

Amount Granted

Commonwealth Scholarship

GBP 13667 (INR 13,07,420.62)

Chevening Scholarship

Covers Tuition Fees

Edinburgh Scholarship

GBP 10,253 (INR 98, 8115)

Suggested: All About Scholarships for International Students in UK

Job Scope After Business Analytics in UK

Most business analysts or recently graduated students are hired by the public or private sectors, small independent businesses, or multinational corporations. A business analyst's average annual pay as a fresher is around GBP 50,000 (INR 47,83,129.50). Some of the job scope are:

Job Roles

Annual Payscale

Test Analyst

GBP 57,957 (INR 55,44,316.73)

Project Manager

GBP 45,970 (INR 43,97,609.26)

Management Analyst

GBP 35,515 (INR 33,9,7456.88)

IT Business Analyst

GBP 38,963 (INR 37,27,301.49)

Suggested: What are the Job Opportunities after Studying in UK?

Studying business analytics in the UK provides many advantages, including opportunities for work with leading corporations nationwide, and has a better career. If you are looking for more assistance regarding the best universities in UK for business analytics or other related information, connect with our Yocket Professional today and clear all your queries easily.

 

Frequently Asked Questions about Business Analytics Course in UK

Is UK best for business analytics course?

Is business analytics a STEM course in UK?

What is the overall annual pay package for a business analyst in UK?

Are TOEFL/IELTS scores important for Business Analytics in UK?

Is Business analytics right career to take up?

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