Know all about studying MSc Management degree in UK’s top universities

The UK is known to have some of the most renowned universities across the world, and one of the most popular and highest-rated programs offered at these universities is the Masters in Management or MiM program. The Masters in Management (MiM) program is one of the most popular and highest rated programs offered at many of the top universities in the UK.

The MiM course attracts students from all over the world, which leads to a diverse classroom and student body. It allows students to have exposure to different cultures and perspectives.

Pursuing a Masters in Management degree from a top university in the UK can set you up for a future career in a management or leadership role at prestigious companies in the UK as well as globally. MiM graduates are often employed as financial analysts, management consultants, marketers or human resources managers.

What is the Masters in Management Program?

A Masters in Management (or MiM) program in the UK is a postgraduate-level degree designed to equip students with a comprehensive perception of management concepts and best practices. The program typically covers a broad range of topics, such as finance, marketing, operations, human resources and strategy. The curriculum aims to help students gain the skills and knowledge they require to take up management-level roles across various industries.

The curriculum of an MiM course typically includes lectures, case studies, projects and internships to help students prepare for the corporate world. Most universities require students to submit a research project as part of their final assessment, and this usually carries significant weightage in determining your final score during the course.

Why choose the UK to study a Masters in Management Program?

There are several reasons to consider the UK a perfect destination to study a Masters in Management.

  • Top quality education: The UK is known for providing world class education, and many of the universities offering MiM programs are among the most prestigious in the world, like London Business School and Imperial College of London.

  • Strong industry links: UK universities have consistently maintained strong industry links, providing students with valuable real-world experience and helping them form important connections with industry professionals. This networking helps in finding better career opportunities later.

  • Multicultural environment: Since the UK is a popular destination for students globally, you will be part of a diverse and multicultural environment. This will enhance your learning experience through exposure to different management styles, cultures and perspectives. It can prove very useful when you want to work internationally.

  • Strong economy: The UK is home to many large corporations, and job prospects are usually bright for good students after completing their courses. Many of these companies are MNCs, which can also help you gain international work experience.

If you need more reasons, we have a complete article on reasons to study in the UK.

Difference between MIM and MBA

An MiM course (some UK universities call it the MSc Management course) is considered an excellent alternative to pursuing an MBA degree, as it provides much more practical and focused knowledge, as opposed to an MBA, which is usually more theoretical, and the curriculum is much more general. Also, pursuing an MBA, especially from the top universities, requires the student to have some work experience before they apply to the course. A MiM or MSC Management degree, on the other hand, is geared towards students wit­h little to no work experience.

Eligibility Criteria for Masters in Management in UK

To study MiM in the UK, students must meet the following general criteria, plus any specific requirements for different universities:

  • Bachelor’s Degree: Applicants must complete an undergraduate or bachelor’s degree that is equivalent to the UK first or upper second class honours (2:1) degree. The degree can be in any field of study, but the student must score at least 60% or the equivalent CGPA.

  • English Language Proficiency: Before applying, students must undertake an English Language Proficiency test. The most popular and widely accepted ELP test is the IELTS. Students must obtain an IELTS score of at least 6.5, though 7.0 is preferable.

  • GMAT or GRE Exams: Students must take the GMAT or GRE standardised tests to study in the UK. This may not be required at all universities, but in general, it is a good idea to take one of these tests.

  • Work Experience (if any): This can be a great differentiator on your application. While the MiM program does not require students to gain prior work experience, it will only help your application stand out if you do have work experience.

Documents Required for Masters in Management Course in the UK

Some universities need extra information over and above the following documents:

  • Completed Application Form: You can find these forms online. Enter your personal details, educational background, and work experience (if you have any).

  • Copy of Bachelor's Degree Certificate and Transcripts: Be sure to make clear copies that show the subjects and courses you took, as well as your scores.

  • English Language Profieciency Test Results: Most universities accept the IELTS test as proof of English proficiency.

  • Statement of Purpose (SOP): Many universities require an SOP as part of the application. Use this document to explain why you're a good fit for the MiM program, your reasons for choosing the course and university, and your academic and professional background. If you don't have work experience, don't worry; the MiM program is designed for recent graduates.

  • Passport Copy: Universities need clearly legible copies of the first and last pages of your passport.

Top Universities for Masters in Management in the UK

A number of UK universities offer the MiM Program. Given below is a list of the top 10 universities offering the MiM course:

University/College

QS Rank 2025

Program Fees

London Business School

3

44,900

London School of Economics and Political Science

16

36,480

Imperial College Business School

14

4,400

Warwick Business School

22

33,800

Manchester (Alliance), University of Manchester

28

28,000

Cranfield School of Management

32

32,160

University of Edinburgh Business School

34

29,500

Durham University Business School

55

29,500

Bath School of Management

63

22,000

Lancaster University

67

26,500

(source- https://www.london.edu/masters-degrees/masters-in-management/fees-financing-and-scholarships, https://www.lse.ac.uk/study-at-lse/Graduate/degree-programmes-2023/Masters-in-Management, https://www.imperial.ac.uk/business-school/programmes/msc-management/fees-and-funding/, https://www.alliancembs.manchester.ac.uk/study/masters/msc-management/, https://www.business-school.ed.ac.uk/msc/management/fees-living-expenses, https://www.lancaster.ac.uk/study/postgraduate/postgraduate-courses/management-msc/#fees https://www.cranfield.ac.uk/som/masters-courses/management)

Disclaimer: Program fees mentioned in the above table are taken from websites of the respective universities and may be subject to change. Please refer to the specific university’s website for the most recent information on program fees.

Cost to study MiM in the UK

The cost of studying a Masters in Management in the UK depends on many factors. The biggest expense you will face is the tuition fees, which vary according to the university you have chosen. Typically, Indian students can expect to pay anywhere between 17 to 45 lakh rupees (equivalent to approx. 17000 - 45000 GBP per annum) for one year of tuition fees at the top UK universities (as shown in the table above).

Apart from tuition fees, there are other costs involved, like food, accommodation, travel, and other miscellaneous expenses. Though these can vary depending on a student’s lifestyle, it is safe to budget around 12000 - 15000 GBP per year for these expenses, which roughly works out to ₹12 lakhs - ₹15 lakhs a year.

You can cover some of these expenses through working part-time along with studying. There are a lot of scholarships, bursaries and other financial aids also available for deserving international students in the UK. Here is a full list of the scholarships available in the UK.

Although the investment required is high, it can pay huge dividends in terms of career opportunities and earning potential once you complete your course.

Job Opportunities After Completing Masters in Management in the UK

The most popular job roles that MiM graduates pursue after completing the course are:

  • Management Consulting

  • Finance

  • Marketing

  • Operations

  • Human Resources

  • Entrepreneurship

  • General Management

  • Public Service

The most common sectors that regularly hire students from MiM courses are:

  • IT Services

  • Manufacturing

  • Finance

  • Start-ups

  • Business Support Services

The average salary that a recent graduate of an MiM course can expect to earn is 35000 per annum. Thereafter, the salary increases with experience, achievement and, most importantly, the ability to deliver results.

FAQs

Is MiM a good course for you?

Masters in Management is one of the most popular and top-rated courses at UK universities. Career prospects for MiM graduates are bright. You can get in touch with an IDP expert to find the right course and university for you.

Can I do an MiM course without GMAT?

While a good GMAT score will add weight to your application, it is certainly not mandatory. You can do an MiM course without GMAT.

Is MiM the same course as MBA?

MiM and MBA are different courses, and each comes with different opportunities and learnings. The average age of the class for an MiM course is lower than that of an MBA class, since an MiM is designed for recent graduates with little to no work experience. An MBA is aimed at working professionals.

Read more insightful articles: