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Business Administration, M.B.A.

  • Anytime
    Application Deadline
  • 12 months
    Duration
University rank #131 (QS) ,
The Lancaster MBA is an intensive and rigorous programme which recruits highly motivated, experienced managers from across the world. It provides access to cutting edge knowledge across a full range of business and management subjects.

About

Offering a truly transformational experience, the Lancaster full-time MBA is a one-year programme in the UK, in which you live and study alongside experienced and ambitious professionals from all over the world.

Through a mix of learning opportunities – in the classroom and in organisations – you explore what it really means to be a strategic leader, and at the end of the year, you emerge more aware, more confident and more capable, ready for the next step in your career.

Aims and philosophy

Here at Lancaster we are preoccupied with building the 'attitudes of mind' and skills that you will require to be highly effective at the most senior levels of management.

Our MBA programme is unique in its focus. We are focused on developing your practical wisdom – your capacity for judgment in the turbulent and ambiguous world of international business.

This MBA programme, like most MBAs, will equip you with all the necessary language, tools and techniques of business and management: from Economics to Entrepreneurship, from Accounting to Marketing, and from Operations to Finance and to Strategy. You'll gain a deep understanding of the functions of business and the complexity of organisations and markets.

While we ensure you acquire this vital knowledge, our focus is on you developing your capacity to mindfully deploy this learning in the real world in which business is practised. It is a volatile complex world of ambiguity and deep uncertainty – it is, as we say here at Lancaster, a wicked world that is suffused with opportunity and threat, one far removed from the caricature of the textbooks. It is for this reason that we focus on the development of your practical wisdom – your Phronesis as Aristotle termed it – your capacity for judgement. We attack this through our Mindful Manager, Leading Mindfully and Core Capabilities modules, that weave together, throughout the programme, deep philosophical learnings and practical skill development around, and through, four Action-learning opportunities.

If you aspire to lead or build a business you should do a Lancaster MBA!

Key features

  • A world-class MBA, taught by internationally respected faculty and experienced business practitioners
  • A small class size to facilitate learning and close contact with faculty
  • A highly diverse cohort - usually with more than 15 different ethnicities represented, with backgrounds as diverse as the fine arts and nuclear engineering!
  • Our unique Mindful Manager module which develops your business judgement and decision-making ability
  • A Core Capabilities module that drives the rapid development of your essential practical skills
  • Learning Through Action, where we create practical real-world experience for you via business challenges
  • A dedicated Career Advancement Programme to help you achieve your ambitions
  • An international module where you examine how business is done in a part of the world with which you are unfamiliar.

Accreditation

World recognition

The Lancaster MBA is accredited by AACSB, EQUIS and the Association of MBAs

Programme Structure

Courses include:

  • Mindful Manager
  • Core Capabilities
  • Leading Mindfully
  • Finance 1
  • Micro-Economics
  • Marketing
  • Operations Management
  • Digital Innovation in Business
  • Business Management Challenge

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 12 months
  • Languages
    • English
  • Delivery mode
    On Campus

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score:

    93

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

    Schedule TOEFL®
  • Minimum required score:

    7

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    StudyPortals Tip: The UK government has confirmed new English-language testing requirements for visa and immigration purposes. Learn more

  • Minimum required score:

    62

    PTE Academic (Pearson Test of English Academic) is a language test that enables students to demonstrate their writing, listening, speaking, and reading skills when applying to study in English. Delivered and marked by computer, it reports on a scale between 10 and 90.

Academic Requirements

Undergraduate Degree: 2:1 (Hons) degree (UK or equivalent) in any subject.

Additional Requirements:  As part of your application you will also need to provide/have:

  • A minimum of three years' professional work experience since graduation, this should be evidenced by providing a copy of your current CV detailing your professional experience and achievements to date.
  • Preference will be given to those who can demonstrate that they have strong business experience, and have held significant managerial responsibilities
  • Two good references
  • An interview with a member of Lancaster's admissions team
  • All successful applicants are required to complete the MBA admissions essay

          Work Experience

          At least 3 year(s) of work experience are required.

          Tuition Fee

          • International Applies to you

            30500 GBP/year
            Tuition Fee
            Based on the original amount of 30500 GBP per year and a duration of 12 months.
          • EU/EEA Applies to you

            30500 GBP/year
            Tuition Fee
            Based on the original amount of 30500 GBP per year and a duration of 12 months.
          We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

          Living costs for Lancaster

          • 660 - 1140 GBP/month
            Living Costs

          The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

          Funding

          The scholarships available to candidates are substantial, and are awarded on a competitive basis.

          The scholarship fund is large but is very quickly depleted as candidates accept their places

          If you wish to have the best chance of acquiring and securing a scholarship you must apply early, gain a place on the course, and rapidly pay your deposit.

          Five criteria drive their award:

        • Potential

        • Skill level

        • Experience

        • Education

        • Background

        • The cohort at Lancaster is deliberately kept small to enable the rich learning process we provide. In a small cohort diversity in all dimensions is paramount – we target a balanced mix of student backgrounds to enhance the learning process. Thriving on diversity is our mantra, and building on experience is our goal.

          Scholarships can be up to 50% of programme fees; though they are most usually around 30%.

          In addition to our MBA programme scholarships, graduates of Lancaster University are eligible for an additional Alumni Loyalty Scholarship of up to 20% of the programme fees. Usually 10% for undergraduates who graduated with a 2:1, and 20% for those who graduated with a 1st, and 10% for those who graduated with a Masters degree.

          To apply for a scholarship you have to prepare a five-slide PowerPoint presentation as part of your application and upload this to the application site.

          Your presentation must cover these areas:

          • Evidence that demonstrates your managerial/leadership qualities and how these will contribute to the Lancaster MBA. This should include a clear description of what you see as your strengths and weaknesses and the personal attributes that set you apart from other applicants.

          • A description of how the Lancaster MBA will help you to grow as a leader/manager and will contribute to you achieving your career aspirations.

          The slides do not have to stand alone — you can include some further detail in the notes. These slides should be uploaded to your application account at least 24 hours before your interview is scheduled to take place.

          StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

          The Global Study Awards: get funded with up to £10,000 to study abroad

          Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.

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