If you want to make an easy job seem mighty hard, just keep putting off doing it.” — Olin Miller
Are you considering starting a Masters in Management (MiM) in the UK? You’re not alone. The UK is one of the leading countries in the sphere of higher education and a MiM degree here will help you reach the top. Suppose you are a fresh graduate from an undergraduate program or simply considering a career change. In that case, a MiM will provide you with a way into a new world of career possibilities. In this blog, you will find all the information about MiM programs in the UK, including the best universities, fees, job opportunities and students’ feedback.
What is a Masters in Management (MiM)?
A Masters in Management (MiM) is a postgraduate program that prepares students to be great organisational managers and leaders. While an MBA degree demands a lot of work experience, a MiM is designed for fresh talents or those with little work experience. The MiM curriculum covers a wide range of business and management topics, including marketing, finance, organisational behaviour and strategy.
Differences Between MiM and MBA
While both MiM and MBA programs focus on business and management, there are key differences:
- Target Audience: As already said, MiM programs are for fresh graduates, while MBA programs are for candidates with some work experience.
- Curriculum Focus: While the content of the MiM courses is more about theoretical understanding and interpersonal skills, the MBA courses focus more on actual usage and long-term planning.
- Cost: MiM programs are generally cheaper than MBA programs.
These differences make the MiM an ideal program for young people who are ready to start their careers but wish to have a solid managerial knowledge base.
Top Universities for MiM in the UK
1. London Business School (LBS)
The London Business School, which was set up in 1964, is one of the constituent colleges of the University of London. It is recognized internationally for its quality in the delivery of business education and knowledge creation. LBS is among the leading business schools globally due to its capacity to offer quality education, effective use of technology in teaching and a pluralistic student population. The school is located right in the heart of London, thus exposing the students to business destinations and opportunities worldwide.
Popular Courses and Notable Alumni
LBS provides one of the best MiM programs in the UK and focuses on leadership and strategic management. The courses include Financial Accounting, Business Analytics and Marketing Strategy, among others. Notable alumni include Kumar Mangalam Birla, Chairman of the Aditya Birla Group and Tony Wheeler, co-founder of Lonely Planet.
Facilities and Campus Life
The campus facilities include modern classrooms, a well-stocked modern library and excellent networking opportunities within the campus. The LBS student population is lively and participates in many clubs and societies according to their interests, such as business, finance, the arts, games, etc.
2. University of Warwick (Warwick Business School)
WBS is a leading school of the University of Warwick that has gained popularity due to its groundbreaking strategies for delivering business education. Founded in 1967, WBS has built a strong reputation for excellence in teaching and research. The school is consistently ranked among the best business schools in Europe, thanks to its rigorous academic standards and commitment to creating well-rounded graduates.
Popular Courses and Notable Alumni
The MiM program at WBS is designed to foster analytical and strategic thinking. It includes core modules such as business analytics, global business environment and organisational behaviour, along with a range of elective courses. Notable alumni include Nigel Wilson, CEO of Legal & General and Andy Haldane, Chief Economist at the Bank of England. These successful graduates highlight the program’s effectiveness in preparing students for high-impact careers.
Facilities and Campus Life
WBS offers cutting-edge facilities, including modern lecture theatres, collaboration spaces and a dedicated career services team. The campus is vibrant, with numerous clubs and societies to join. The school’s strong focus on extracurricular activities ensures students have abundant opportunities to develop leadership and teamwork skills.
3. University of Manchester (Alliance Manchester Business School)
Alliance Manchester Business School was set up in 1965 and is affiliated with the University of Manchester. The school is widely recognized for its research achievements and is consistently listed among the best business schools in the United Kingdom.
Popular Courses and Notable Alumni
The MiM program focuses on developing strategic and analytical skills. Core courses include managerial economics, strategic management and business performance and strategy, complemented by a variety of electives. Notable alumni include Sir Terry Leahy, former CEO of Tesco and Tony Lloyd, Greater Manchester’s Police and Crime Commissioner.
Facilities and Campus Life
The school boasts world-class facilities, including a recently refurbished building with modern classrooms, a trading room and extensive career support services.
4. Imperial College London (Imperial Business School)
It was established in 2004 and has proved to be one of the best business schools. The linking to Imperial College’s distinguished science and engineering schools gives the school a distinctive interdisciplinary focus in its business programs.
Popular Courses and Notable Alumni
The MiM program integrates technology and innovation into the curriculum, offering courses such as innovation management, digital business and entrepreneurship. Notable alumni include Dr. Loubna Bouarfa, CEO of OKRA Technologies and Alexander Chow, Co-founder of Arcaris.
Facilities and Campus Life
It has well-equipped and resourceful facilities such as efficient lecture theatres, modern innovation labs and abundant networking prospects. Imperial’s Enterprise Lab supports students in launching their startups, offering mentorship, funding and workspace.
5. University of Edinburgh (Edinburgh Business School)
Established in 1919, the Edinburgh Business School, part of the University of Edinburgh, is renowned for its academic excellence and research impact. The school is known for its strong focus on research and commitment to producing well-prepared graduates for leadership roles in a globalised economy.
Popular Courses and Notable Alumni
The MiM program focuses on strategic management and leadership, offering courses such as corporate strategy, financial management and leadership in organisations. Notable alumni include Gareth Williams, Co-founder of Skyscanner and Rosie Ginday, founder of Miss Macaroon.
Facilities and Campus Life
The campus is steeped in history and surrounded by the vibrant culture of Edinburgh, providing a unique and inspiring environment for students. The school’s location in a UNESCO World Heritage City offers students a wealth of cultural and social opportunities.
6. University of Cambridge (Judge Business School)
Judge Business School, part of the University of Cambridge, is known for its rigorous academic environment and strong research focus. Founded in 1990, it quickly gained a global reputation for excellence. The school’s integration with the broader University of Cambridge community provides students with access to a wealth of resources and expertise.
Popular Courses and Notable Alumni
The MiM program emphasises critical thinking and leadership, offering financial reporting and analysis courses, marketing strategy and organisational behaviour. Notable alumni include entrepreneur Peter Harris and economist Ha-Joon Chang.
Facilities and Campus Life
Cambridge has a rich history, a well-established academic environment and students’ active lifestyles. Many clubs and societies in Cambridge help students build up their interests and talents, apart from academics.
7. Cranfield University (Cranfield School of Management)
Cranfield School of Management, established in 1967, is known for its strong focus on practical management education and close industry links. The school’s emphasis on real-world applications and industry collaboration sets it apart from many other business schools.
Popular Courses and Notable Alumni
The MiM program is designed to develop strategic and operational skills, offering supply chain management, project management and corporate finance courses. Notable alumni include Charles Marcus, Co-founder of Amadeus IT Group and Warren East, CEO of Rolls-Royce.
Facilities and Campus Life
Cranfield offers excellent facilities, including modern lecture halls, simulation centres and a dedicated career development team. The campus fosters a close-knit community with a focus on collaboration and teamwork.
8. University of Strathclyde (Strathclyde Business School)
Strathclyde Business School, part of the University of Strathclyde, is known for its strong emphasis on innovation and entrepreneurship. Established in 1948, it has always ranked among the top business schools in the UK. The school’s focus on practical education and industry collaboration has earned it a strong reputation.
Popular Courses and Notable Alumni
The MiM program focuses on developing entrepreneurial and leadership skills, offering business strategy, entrepreneurship and innovation management courses. Notable alumni include Brian Souter, Co-founder of Stagecoach Group and John McFarlane, Chairman of Barclays.
Facilities and Campus Life
The Glasgow campus is vibrant and diverse, providing students with a stimulating academic and social environment. The numerous clubs and societies at Strathclyde provide students with opportunities to develop their interests and skills outside the classroom.
9. University of Birmingham (Birmingham Business School)
Birmingham Business School, part of the University of Birmingham, is known for its research excellence and strong industry connections. Established in 1902, it has a long history of academic achievement and a strong focus on practical education.
Popular Courses and Notable Alumni
The MiM program is designed to develop strategic management skills, offering strategic management, financial analysis and marketing management courses. Notable alumni include Sir Peter Rigby, CEO of Rigby Group and Tim Watts, Chairman of Pertemps Network Group.
Facilities and Campus Life
The school offers excellent facilities, including modern lecture halls, collaborative spaces and a comprehensive career services team. The campus is lively, with numerous clubs and societies providing students with opportunities to develop their interests and skills outside the classroom.
10. Lancaster University (Lancaster University Management School)
Lancaster University Management School, established in 1964, is known for its strong research focus and high academic standards. The school consistently ranks among the top business schools in the UK, thanks to its rigorous academic programs and commitment to creating well-rounded graduates.
Popular Courses and Notable Alumni
The MiM program emphasises analytical and strategic thinking, offering business analytics, strategic management and organisational behaviour courses. Notable alumni include Dame Fiona Kendrick, former Chairman and CEO of Nestlé UK and Dr. Andy Palmer, CEO of Switch Mobility. The program’s comprehensive curriculum and focus on analytical skills prepare graduates for leadership roles in various industries.
Facilities and Campus Life
The school has up-to-date facilities such as advanced lecture theatres, group study rooms and a library with all the resources a student might require. Campus life is also lively, with many clubs and societies that help students enhance the talents and skills that they may have outside the classroom.
Cost of Studying MiM in the UK
Tuition Fees
Average Tuition Costs for MiM Programs
Tuition costs for MiM programs in the UK can differ greatly depending on the school and the length of the program. The cost of studying MiM programs in the UK varies between £20,000 and £50,000 per year.
Comparison of Fees Across Top Universities
| University | Cost (£) (Foreign) |
| London Business School | 47,500 |
| University of Warwick (WBS) | 36,250 |
| University of Manchester (Alliance MBS) | 33,000 |
| Imperial College, London | 31,000 |
| University of Edinburgh | 31,300 |
| University of Cambridge (Judge) | 36,744 |
| Cranfield University | 32,160 |
| University of Strathclyde | 28,250 |
| University of Birmingham | 30,330 |
| Lancaster University | 28,000 |
These figures provide a general idea of the financial investment required for a MiM program in the UK.
Living Expenses
Overview of Accommodation, Food, Transportation and Other Living Costs
The cost of living in the UK is relative to the city and the standard of living that one wants to maintain. As for the living costs, students should be prepared to spend between £12,000 and £15,000 per year. This includes housing, feeding, transport and other personal needs.
- Accommodation: Costs can range from £300 to £1,200 per month, depending on the location and type of stay.
- Food: Monthly food expenses can vary between £150 and £300.
- Transportation: A student travel card can reduce monthly costs to about £50-£100.
- Other Expenses: Personal expenses, including books, entertainment and miscellaneous items, can add to about £100-£200 per month.
