The demand for an MSc in Business Analytics in the UK has increased in the last few years. As per the QS Business Masters Ranking 2024, 5 of its universities are among the top 50 in the world for providing the best Business Analytics programs. The quality of education and the high demand for an MS in Business Analytics in the UK help students explore diverse career opportunities. Business analytics emphasizes software applications to build statistical models to study various aspects of business. It helps analyze past performances, decide on the present steps, and predict future scenarios.
So, are you ready to study in the UK? Yocket is here to guide you every step of the way. Start your journey towards admission to UK universities for MSc in Business Analytics! We will help you find the best university! Explore Yocket Premium to learn more about services.
Master of Business Analytics in UK Overview
Let us begin by looking at the highlights of MS Business Analytics UK:
Course Name |
Master of Business Analytics |
Course Duration |
1 to 2 years |
Average Annual Fees |
£25,750 (INR 23,20,520) to £35,100 (INR 31,63,120) |
Top Recruiters |
|
Average Annual Salary |
£40,000 (INR 36,04,700) to £80,000 (INR 72,09,400) |
Why Study MSc Business Analytics in the UK?
Before we head towards the details of pursuing a Masters in Business Analytics UK, let’s first understand why the UK is the ideal destination to study this course:
- Ranked Universities- When pursuing an MS in Business Analytics in the UK, the country has multiple well-ranked universities that offer the program. As per the QS Business Masters Rankings 2024, 5 universities in the UK are included among the top 50 for providing the best Business Analytics programs.
- Job Opportunities- There is a massive demand for graduates from top universities in the UK for master's in business analytics. It is evident from the multiple job opportunities that international students can apply to. From Data Analyst to Data Scientist, the career choices are diverse.
- High Salaries- The UK is one of the top countries that offer a high salary range for MS in Business Analyst graduates. The average salary for a Business Analyst is £47,302 (INR 42,62,730)/year. For a senior Business Analyst, it is £63,746 (INR 57,44,630)/year.
- Recognized Certifications- Business Analyst is a popular and well-demanded course worldwide. It is essential to pursue this course in a country whose academic certificates are well recognized, which is why MSc Business Analytics UK is a great choice.
Now that you are aware of the benefits of pursuing a Master in Business Analytics in the UK, let us understand the admission requirements and process for the same:
Eligibility Criteria & Admission Requirements for Masters in Business Analytics in UK
Specific eligibility criteria and admission processes exist for Masters in Business Analytics in UK universities. While this differs from one university to another, there are a few common requirements which are covered below:
- Bachelor’s Degree
- English Language Requirements
- GRE/GMAT
- Passport & Student Visa
Let us discuss them in detail below:
1. Bachelor’s Degree
International students need a first or upper-second-class honors degree (2:1) in quantitative subjects such as mathematics, statistics, physics, engineering, computing, economics, or management science to pursue a master's in business analytics in the UK. Ensure you score 60-80% in your bachelor’s degree, especially in the above subjects.
2. English Language Requirements
International students need to pass an English language exam to be able to pursue a master's in Business Analytics UK. The score requirements are:
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3. GRE/GMAT
Some universities require GRE and GMAT scores for admission to MSc Business Analytics programs in the UK. The average scores as per the tests are:
- GRE: 300+
- GMAT: 600+
4. Passport & Student Visa
A valid passport and UK student visa are required for all international students to study any course at any university in the UK. To apply for your visa at least 3 months before the expected travel date.
Documents Required for MSc Business Analytics in the UK
A few documents are required to be submitted when applying for a Master's in Business Analytics at a UK university. Ensure these are checked:
- Copy of degree certificate/ transcripts
- Two academic references
- SOP/personal statement
- CV
- Letter of Recommendation or LOR
- GMAT/GRE scores (recommended)
- Proof of funds
- Work experience certificate (if applicable)
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Admission Process for MSc Business Analytics in the UK
The admission process for the best universities for masters in business analytics in the UK is divided into two intakes. The first intake is in January/February, and the second is in September/October.
Here is a quick run-through of the application process for MSc Business Analytics in the UK:
- Choose the UK university that offers an MSc in Business Analytics
- Visit the official university website and check all the entry requirements.
- Fill in the application form and attach all the relevant documents. Pay any application fee if mentioned.
- Once the confirmation email is received, pay the tuition fee deposit (if applicable)
- Obtain the CAS letter and use it to procure a UK student visa
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Cost of Studying Business Analytics Masters in the UK
The cost of studying Master’s of Business Analytics in the UK can be divided into two categories, tuition fees and cost of living. Let’s understand them both one by one:
Tuition Fees
If you’re applying to the top universities in the UK to pursue your MSc in Business Analytics, the tuition fees will range between £25,750 (INR 23,20,520) - £35,100 (INR 31,63,120) a year.
Cost of Living
The cost of living in the UK depends on the university you choose and your lifestyle. If you stay in an expensive area such as Winchester, the cost of living is higher. The average expense of living in the UK is £1200 (INR 1,08,140) - £1500 (INR 1,35,170) a month, and for a year, it is £10,000 (INR 9,01,170) - £16,000 (INR 14,41,880) a year.
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Top 10 Universities in the UK for Masters in Business Analytics
MSc Business Analytics UK rankings for most UK universities are high, making them the best institutes for pursuing a master's in the field. To help you make the right decision, we have listed the top universities to pursue an MS in Business Analytics in the UK:
- Imperial College London
- University of Manchester
- University of Warwick
- University of Edinburgh
- University of Leeds
Let us discuss the 5 most popular universities for the program:
1. Imperial College London
Imperial College of London holds an excellent reputation when it comes to providing Business Analytics programs. Ranked 3rd in Europe, the MSc Business Analytics program at ICL prepares graduates for a future of data-driven and evidence-based decision-making.
6 |
|
QS Rankings: Business Analytics 2024 |
6 |
Average Tuition Fees |
£34,300 (INR 30,91,030)/year |
Program Offered |
MSc Business Analytics |
2. University of Manchester
The University of Manchester offers a 12-month full-time MSc Business Analytics course. The course covers two major topics, Operational research, and Risk analysis. From fundamental theories to analytics, the course covers every topic you will need while tackling real-life scenarios post-graduation.
32 |
|
QS Rankings: Business Analytics 2024 |
17 |
Average Tuition Fees |
£27,500 (INR 24,78,230)/year |
Programs Offered |
MSc Business Analytics: Operational Research and Risk Analysis MSc Business Analysis and Strategic Management |
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3. University of Warwick
Warwick Business School at the University of Warwick is well recognized for its business programs including Master in Business Analytics. The program helps students gain insights into the theoretical and practical methods of handling large data sets and apply these to business problems.
67 |
|
QS Rankings: Business Analytics 2024 |
14 |
Average Tuition Fees |
£31,500 (INR 28,38,700)/year |
Program Offered |
MSc Business Analytics |
4. University of Edinburgh
The Business Analytics program at the University of Edinburgh focuses on helping students develop decision-making skills. The emphasis is on three aspects: learning various business environments, the importance and relevance of decision-making problems regarding organizations, and ways of solving them with valuable techniques.
22 |
|
QS Rankings: Business Analytics 2024 |
22 |
Average Tuition Fees |
£27,500 (INR 24,78,230)/year |
Program Offered |
MSc Business Analytics |
5. University of Leeds
The University of Leeds provides the ideal academic excellence required to study this course. Students are taught by a team of recognized academics and business practitioners with wide field experience. This helps students gain additional knowledge to enhance the theory and practical aspects of their learning.
129 |
|
QS Rankings: Business Analytics 2024 |
61-70 |
Average Tuition Fees |
£25,750/year (24,39,180) |
Programs Offered |
MSc Business Analytics and Decision Science |
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Scholarships for MS Business Analytics in the UK
Scholarships in the UK are a great way to fund your studies. Here are some important scholarships you can apply for master business analytics UK:
Scholarship Name |
Awarded to |
---|---|
Deans Impact Scholarship |
Students demonstrate achievements in 5 key areas: entrepreneurship, technology & innovation, sustainability, social impact, and leadership. Amount/ Benefit: £20,000 (INR 18,02,350) |
Imperial Excellence Scholarship |
Students demonstrating excellence in their application and interview performance for MSc programs at Imperial College London. Amount/ Benefit: £10,000 (INR 9,01,170) |
The Commonwealth Scholarships and Fellowships |
Students from middle-class backgrounds in commonwealth nations can take advantage of these scholarships. Amount/ Benefit: This Masters scholarship UK covers your education expenses. |
The Chevening Scholarships |
Academically excellent students receive scholarships to study for master's in the UK by the Government. Amount/ Benefit: Covers 1 year of your education, and about 1500 passes each year. |
Career Opportunities in the UK after MSc Business Analytics
With the ever-increasing demand for Business Analysts, MSc Business Analytics graduates have a range of job profiles and excellent salaries to look forward to.
Here are the top job profiles to consider, along with the average pay scale you can expect:
Job Title |
Average Pay Salary/ year |
---|---|
Data Analyst |
£36,535 (INR 32,92,440) |
Business Intelligence Analyst |
£42,060 (INR 37,90,340) |
Data Scientist |
£52,052 (INR 46,90,790) |
Business Analyst Manager |
£65,889 (INR 59,37,750) |
Quantitative Analyst |
£75,557 (INR 68,09,010) |
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From the Desk of Yocket
Pursuing a Business Analytics degree in the UK has multiple benefits such as employment in top companies nationwide, globally accepted degrees, high-quality research, etc. Now that you have all the essential information, it’s time to make the right decision.
Securing admission to UK universities requires various things. You have to choose the right university, apply to them, draft a statement of purpose and letter of recommendation, and apply for visas and scholarships. Wait! Did you get overwhelmed with this? Yocket is there for you! Yocket guides you through your study abroad journey and helps you secure admission to your dream university. Reach out to Yocket to smoothen your study abroad process.