London Business School has been ranked among the top 2 business schools in Europe by Financial Times for a consecutive 3 years. Other than MBA, London Business School programs include Executive MBA, Master's, PhD, and other short executive courses. To get admission to London Business School students need to submit a GMAT score of 600+. The competition for admission is tough as London Business School acceptance rate tends to be around only 20%. Check: LBS MBA Class Profile!
Prospective students can estimate to spend up to 95 lakhs on the London Business School MBA program. Costs for LBS degree programs is estimated to be around 38-51 lakhs. London Business School automatically considers students eligible for scholarships and loans. These LBS scholarships for international students, cover up to total tuition fees for all the years of study. Students can also choose from external scholarships to study in UK. London Business School has reported a 92% employability of its graduates. Top agencies like Amazon, American Express, Google, J.P. Morgan have shown interest in recruiting LBS graduates.
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London Business School Rankings
London Business School has been ranked #600 in Best Global Universities by U.S. News, 2022. It has also been placed at rank #46 in Best Global Universities in UK by U.S. News, 2022. Other ranking achievements of London Business School are -
- #8 in the World for 2 Year MBA Program by Financial Times Ranking, 2022.
- #253 in Best Global Universities in Europe by U.S. News, 2022.
- #2 in Masters in Management by QS Global University Rankings, 2022.
- #3 in Masters in Finance by QS Global University Rankings, 2022.
A subject-wise ranking comparison between London Business School, London School of Economics, and Imperial College London by QS World University Rankings 2022 is shown below -
| Study Areas | London Business School | London School of Economics | Imperial College London |
|---|---|---|---|
| Business & Management Studies | #3 | #11 | #25 |
| Accounting & Finance | #11 | #7 | #23 |
| Social Sciences & Management | #25 | #3 | #45 |
| Economics & Econometrics | #37 | #6 | #39 |
London Business School: College Comparison
London Business School MBA program is often compared with the following university’s business programs:
London Business School Programs
London Business School programs are available in seven courses across 4 faculties - MBA, Masters in Analytics and Management, Masters in Financial Analysis, and Sloan Masters in Leadership and Strategy. A four-week Accelerated Development Programme is also available with the core essentials of finance, strategy, and leadership. Executive programs at London Business School are for professionals who have experience in the business and finance industry.
LBS MBA Class Profile
London Business School acceptance rate hovers around 25% every year. Students with the GMAT Score range of 600-780 have a higher chance of selection. Maximum students taking admission to London Business School MBA program generally come from consulting and accounting backgrounds. 90% of the student population is international students.
Source: LBS
London Business School Campus
- London Business School campus is easily accessible from the west end and any part of the city. The campus forms a triangle between Sussex Place, Taunton Centre, and Sammy Ofer Centre.
- There are eight lecture theatres, a library, study spaces, seminar rooms, and computer banks, with adequate and comfortable workspace and meeting venues.
- The lecture rooms and theatres are eclectic, inspiring, high-quality, and spacious to serve the students, staff, faculty, and global communities’ needs.
London Business School Accommodation
Although there are no on-campus accommodation facilities for international students in London Business School, you can stay in private student housing in UK near the school. There are limited off-campus accommodations available exclusively to students of the school at accommodation halls around London.
Details of how to apply for accommodation and the facilities available at the off-campus accommodation halls and apartments are only available to students after the offer of admission has been received by the students.
- The hotel suite for executive education students is centrally located and stylishly furnished to meet the need of the students.
- Guest suites are also available at the hotel for executive students staying in the school for a while.
- Facilities in the hotel include ensuite bathrooms, laptop safes, and an exclusive Executive Education Business Lounge.
London Business School Admission
London Business School accepts online applications through its official portal. The application for each Master's program is the same. However, the application deadlines vary by program, so candidates must check the deadlines before applying.
London Business School Application Process
Application portal: London Business School Admission Portal
Application fee: 95 GBP (~9,234 INR) for PG | 200 GBP (~19,440 INR) for MBA | 180 GBP (~17,496 INR) for EMBA
Admission Requirements:
- Completed online application form
- Application essays
- A one-page CV/resume
- 2 Letters of recommendation
- Transcripts from each university attended
- GMAT score 700+ (recommended)
- Certified or notarized English translation of certificates
- IELTS Score
Admission Requirements for Executive Program
- A minimum of 12 years of management experience which includes managing teams, projects, budgets, and/or resources
- An undergraduate degree or equivalent professional qualification
- Convincing leadership potential
- Strong career progression
- Motivation for applying
- International exposure
- Team skills.
Admission Deadlines:
- Application for London Business School admission is to be made before 9 January 2023.
- For the executive education program, admissions are done on a rolling basis.
- Applicants are likely to get an admission decision within 8 weeks of application.
Visa Requirements: International students who are offered admission need to apply for a UK student visa within 3 months before the start of the program.
London Business School Cost of Attendance
The cost of attendance in UK varies based on the factors like university, location and courses selected. However, at London Business School the average estimated fees for the 2022 academic session are presented here:
| Expenses | MBA (INR) | Master’s in Finance Full-Time (INR) | Master’s in Management (INR) |
|---|---|---|---|
| Tuition | 94.77 lakhs | 50.73 lakhs | 38.10 lakhs |
| Students Association Fee | 0.26 lakhs | 0.13 lakhs | 0.13 lakhs |
| Commitment Fees | 2.9 lakhs within approximately one month of your admission offer | 1.9 lakhs approximately four weeks after your offer | 1.9 lakhs within approximately three weeks of your offer |
| Reservation Fees | 5.8 lakhs within one month of commitment fees | 7.8 lakhs payable eight weeks after your admission offer | 5.8 lakhs within approximately six weeks of your offer |
Note:
- Students who are offered admission into full-time programs are required to pay the commitment fee within three of receipt of the admission offer and a reservation fee within the next three weeks
- Commitment and Reservation fees vary with the program and the location of the study. However, an average of 2,000 GBP for the commitment fee and 6,200 GBP for the reservation fee should be budgeted by the students
- Commitment and Reservation fees are non-refundable and are deducted from the tuition fees
- The tuition fee can be paid in instalments and it covers tuition, course materials, essential core course textbooks, and fees for the mandatory international assignment and orientation week.
- In addition to the above stated, the tuition fee for executive programs also includes accommodation fee
London Business School Scholarships
LBS scholarships for international students are offered by the school, the government, charity organizations, NGOs, and global corporations. In addition to London Business School international scholarships, applicants can also seek external funding options in the UK. Some of the scholarships available for international students include:
| Scholarships | Grants (in INR) |
|---|---|
| Laidlaw’s Women’s Leadership Fund | 100% tuition fee of MiM 50% tuition fee of MBA and EMBA |
| London Business School Fund Scholarship | Up to 100% tuition fee |
| SARI Foundation Trust Scholarship | Up to 100% tuition fee |
| Forte Foundation Scholarship | Up to 43.74 lakhs |
| London Business School Energy Scholarships | Up to 50% tuition fee |
| London Business School Entrepreneur Scholarship | Up to 50% tuition fee |
For more scholarships, explore London Business School India Scholarships!
London Business School Alumni
London Business School alumni network has 47,000+ alumni across 157 different countries worldwide. More than 10,500 alumni still support LBS via donations or volunteering in events, clubs, and councils. LBS also offers many facilities and opportunities to the graduates like -
- Access to the Well-being Centre,
- Access to the alumni boardroom and Sammy Ofer Centre,
- Free career services,
- Access to Elective courses,
- Access to LBS online library.
London Business School Notable Alumni -
- Kumar Mangalam Birla - Chairperson of Aditya Birla Group
- David Davis - Member of British Parliament
- Justine Greening - Former Minister in British Parliament
- Timothy Kopra - Astronaut
London Business School Placements
The career outcome reporting rate at London Business School is 99%. 93% of the LBS graduates have got placement offers within 3 months of graduation. Indian graduates of London Business School are not only working in UK. They are also getting job opportunities in their motherland. According to payscale, the average annual salary of graduates of London business school is 106.54 lakhs. Prominent employers of graduates of London Business School are Amazon, Goldman Sachs, and BCG. Beijing, Dubai, Paris, etc.
LBS MBA Post-programme Job Locations
Career development events like Early Careers Recruitment Evening, Tech and Start-Up Evening, and Buy-side Networking Evening are organized to help graduates advance their careers. Students can also collaborate in research and other projects with global organizations like Amazon, American Express, BCG, Blackstone, Google, J.P. Morgan, and McKinsey & Co.
FAQs
Ques: What GMAT score is required to study at London Business School?
Ans. Considering the selective admission policy of London Business School, an ideal GMAT score would be 708 and above to gain admission. This is a safe score considering the high interview and conversion rate.
Ques. Is London Business School a prestigious B-School in UK?
Ans. Ranked amongst the world’s best Business Schools for its programs like MBA, EMBA, London Business school is one of the top business institutes in the UK. LBS ranked #2 in Masters in Management and #3 in Masters in Finance by QS Global University Rankings, 2022.
Ques. What is the average salary of graduate from London Business School?
Ans.The best paying degree at London Business School is Executive Masters, with alumni earning an average salary of 103.17 lakhs, whereas MBA graduates earn 85.16 lakhs.
Ques. What is the eligibility criteria to apply for London Business School?
Ans. The minimum program-wise eligibility criteria that international applicants need to meet before applying to London Business School is: Bachelor’s degree or equivalent qualification, a minimum of two years of work experience for MBA, English proficiency scores, and standardized exams like GMAT, GRE scores.
Ques. Is there any application fee for London Business School?
Ans. In order to apply for MBA at London Business school, international applicants have to pay 200 GBP (19,440 INR) while for Executive MBA the application fee is 180 GBP (17,496 INR). It varies by program, the majority of the master's programs are 95 GBP (9,234 INR).
