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0 One of the largest and most dynamic industries today is business. Business is a major chosen by students with interests in finance, trade, or economics. The area of business known as “business analytics” is becoming more significant. It is so well-liked that one might even argue that it is the current form of money.
Business analytics is the study, interpretation, and analysis of massive amounts of data. A is A Master’s in Business Analytics in UK is an excellent method to become a Data Specialist and assist businesses with data analysis.
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Business Analytics is a rapidly growing field that involves using data, statistical analysis, and other analytical techniques to help businesses make informed decisions. With the rise of big data and the increasing importance of data-driven decision making, the demand for Business Analytics professionals has been on the rise in recent years. The United Kingdom (UK) is home to some of the world’s top universities, which offer highly regarded Master’s programs in Business Analytics. Studying Business Analytics in the UK can provide students with a high-quality education, valuable industry experience, and the skills they need to succeed in a rapidly growing industry. In this article, we will explore the benefits of studying Business Analytics in the UK, eligibility criteria, tuition fees, and top universities offering Business Analytics programs.
Students can choose from a variety of Business Analytics degrees offered by universities all around the world. Five UK universities are among the top 50 in the QS Ranking, making the UK the ideal location for this study. The advantages of studying business analytics in uk are numerous.
Why Study Business Analytics in UK?
Studying Business Analytics in the UK can be a great choice for students who are interested in pursuing a career in the field. Here are some reasons why studying Business Analytics in the UK may be beneficial:
- Reputation of UK Universities: The UK is home to some of the world’s most prestigious universities. Many of these universities offer top-quality programs in Business Analytics, which are highly regarded by employers around the world.
- High-Quality Education: UK universities are known for providing a high-quality education that emphasizes practical learning and critical thinking. Students can expect to receive a well-rounded education that prepares them for the challenges of the modern business world.
- Strong Industry Links: UK universities often have strong industry links, which can provide students with valuable networking opportunities and real-world experience. Many universities offer internships, work placements, and other forms of experiential learning that can help students gain a competitive edge in the job market.
- Diverse Student Body: The UK is home to a diverse student body, which can provide students with a rich cultural experience and the opportunity to work with people from around the world. This can help students develop important cross-cultural skills that are highly valued by employers.
- Career Opportunities: The demand for Business Analytics professionals is on the rise, both in the UK and around the world. Studying Business Analytics in the UK can open up a range of career opportunities in fields such as data analysis, business intelligence, and consulting.
- Location: The UK is a great location for students who are interested in exploring Europe. It is well-connected to other European countries and offers students the opportunity to travel and experience new cultures.
Overall, studying Business Analytics in the UK can be a great choice for students who are looking for a high-quality education, diverse cultural experiences, and strong career prospects in a growing industry.
Best universities for Business Analytics in UK
Several of the best universities in the world for business analytics are located in the UK. Students may find some of the top universities in the UK for business analytics, according to the QS World Ranking 2022. The best business analytics universities in the UK are listed here, along with their yearly tuition costs.
| University name | QS world ranking 2023 | Average Yearly Tuition Fees (in GBP) |
| Imperial College London | 6 | £34,300 |
| University of Manchester | 28 | £27,500 |
| University of Warwick | 64 | £31,500 |
| University of Edinburgh | 15 | £27,500 |
| Durham University | 92 | £32,500 |
| University of Nottingham | 114 | £29,970 |
| Lancaster University | 146 | £25,360 |
| City, University of London | 355 | £28,000 |
| University of Bath | 179 | £22,000 |
| University of Leeds | 86 | £25,750 |
Business Analytics in UK for Undergraduate Degree
A business analytics undergraduate degree is a fantastic choice for recent high school graduates. This three to four year programme offers both basic and in-depth understanding of the field. Around 132 universities in the UK offer business analytics undergraduate degrees. Here are a few of the most popular.
| Program | University | Duration | Annual Tuition Fees (in GBP) |
| Bachelor of Science in Business Analytics | University of Bradford | 4 years | £16,090 |
| Bachelor of Science in Business Analytics | UCL | 3 years | £27,030 |
| Bachelor of Science in Business Analytics | University of Southampton | 3 years | £20,728 |
| Bachelor of Science in Business Analytics | Loughborough University | 4 years | £19,100 |
| Bachelor of Science in Business Analytics | University of Exeter | 3 years | £18,200 |
| Bachelor of Arts in Business Analytics | Sheffield Hallam University | 3 years | £13,650 |
Eligibility for Business Analytics in UK
To be eligible for a Master’s in Business Analytics program in the UK, students must meet certain requirements. Here are some general eligibility criteria that are typically required:
- A Bachelor’s degree: Students are required to have a Bachelor’s degree in a related field such as mathematics, statistics, computer science, engineering, business, or economics.
- GPA: Most universities require a minimum GPA of 3.0 or equivalent.
- Standardized test scores: Some universities may require standardized test scores, such as the Graduate Record Examination (GRE) or Graduate Management Admission Test (GMAT). The minimum score requirements vary by institution.
- English language proficiency: International students whose first language is not English are required to demonstrate their English language proficiency by taking standardized tests such as the International English Language Testing System (IELTS) or the Test of English as a Foreign Language (TOEFL). The minimum score requirements vary by institution.
- Work experience: Some universities may require work experience, while others may not.
It’s important to note that the specific eligibility requirements may vary depending on the institution and program. Students should check the requirements for each university and program they are interested in applying to. Additionally, some universities may offer preparatory courses for students who do not meet the minimum requirements, such as English language courses or foundation programs in business analytics.
Scholarships for Business Analytics in UK
Studying in the UK can be expensive depending on the university, degree, and location. Nonetheless, the UK has introduced a number of scholarship programmes to make it simpler for students to survive. The prominent scholarships that students can apply for are listed below.
| Scholarship | Given By | Given To | Average Amount (in GBP) |
| Commonwealth Scholarship | UK Government | MSc and PhD students | 1084-1330 GBP per month |
| Felix Scholarship | UK Government | PhD students | 14,005 GBP |
| Chevening Scholarship | UK Government | MSc students | Tuition cost and living allowance |
| Gates Cambridge Scholarship | UK Government | PhD students | Full free tuition cost |
| Edinburgh Scholarship | Edinburgh University | MSc students | 4000-10,000 GBP |
| Warwick Business School Scholarship Program | Warwick Business School | MSc students | 50% tuition fees |
| Queen’s University Scholarship | Queen’s University | Postgraduate students | 10,000 GBP |
| Bristol University Scholarship | Bristol University | Undergraduate students | 8000 GBP |
| Aberystwyth University Scholarship | Aberystwyth University | Undergraduate students | 8000 GBP |
Tuition Fee for Business Analytics in UK
The cost of a business analytics degree in the UK varies by school and programme. The cost of studying business analytics at the top 10 UK universities is listed below.
| University name | QS World Ranking 2023 | Average Yearly Tuition Fees (in GBP) |
| Imperial College London | 6 | £34,300 |
| University of Manchester | 28 | £27,500 |
| University of Warwick | 64 | £31,500 |
| University of Edinburgh | 15 | £27,500 |
| Durham University | 92 | £32,500 |
| University of Nottingham | 114 | £29,970 |
| Lancaster University | 146 | £25,360 |
| City, University of London | 355 | £28,000 |
| University of Bath | 179 | £22,000 |
| University of Leeds | 86 | £25,750 |
Career Prospects after Business Analytics in UK
Business analysts are in increasingly greater demand. Graduates in business analytics can now choose from a variety of positions that pay well. The top positions for Business Analysts and their typical pay are listed below.
| Job Title | Average Salary/ year (in GBP) |
| Data Analyst | £36,535 |
| Business Intelligence Analyst | £42,060 |
| Data Scientist | £52,052 |
| Business Analyst Manager | £65,889 |
| Quantitative Analyst | £75,557 |
A critical component of organisational growth rate is business analytics. More specifically, by adhering to the statistical techniques and operational analyses of business analytics, a corporation can increase its profit margin. In the UK, business analytics is offered by more than 147 colleges and universities. To give students the necessary skill set, the course was created in partnership with global corporations. This is made possible by using real-world statistics, transactional data from actual businesses, and data visualisation that offers a comprehensive view of the digital economy.
Students can take business analytics courses in the UK, which ranks second among study abroad locations.
Four UK schools and institutions that offer business analytics are among the top 10 worldwide according to the QS News Global Ranking 2020.
According to BLS, by the year 2022, the yearly income of business analysts in the UK will grow at a pace of 14%.
In industries like consulting, manufacturing, healthcare, defence, finance, logistics, project management, supply chain management, etc., employers in the UK have been experiencing a labour shortage. Businesses like Deloitte, JP Morgan, Tesco, KPMG, and the United Nations are well-known employers that provide business analyst opportunities in the UK.
Conclusion
Business analytics is a crucial field that has emerged as one of the most sought-after careers in the UK. With the increasing reliance on data-driven decision making, professionals in this field are in high demand across various industries. Studying business analytics in the UK provides students with world-class education and exposure to real-world business problems. The top MSBA colleges in the UK, such as Imperial College Business School, Warwick Business School, and Alliance Manchester Business School, offer rigorous programs that prepare students for successful careers in the data analytics industry. Graduates of these programs can expect to have a wide range of career opportunities available to them, including positions in data analysis, business intelligence, and data science. Overall, pursuing a career in business analytics in the UK can be a rewarding and fulfilling experience for those who are passionate about data analysis and making informed business decisions.
