The MBA program of London Business School is a globally preferred one since its establishment in 1964. Among all the London Business School courses, London Business School MBA program claims to be the most flexible one as the course can be completed within 15, or 18, or 21 months. In terms of class profile, London Business School (LBS) is pretty diverse with 92% international candidates, originated from 66 countries around the world. Let’s find out all the details of it:
London Business School Ranking
- London Business School ranks in second position in the list of Financial times Best Business schools in Europe.
- London Business School ranks in second position in the list of Forbes 2-year international MBA program.
London Business School - Class Profile 2021 by Region
Europe and North America send the maximum number of candidates in London Business School. Check the chart below for further information on it.
London Business School acceptance rate is 25% and it is nonetheless very difficult to secure a place here.
London Business School - Contact Information
Location – London Business School, Regent’s Park, London, NW1 4SA, United Kingdom, Tel: +44 (0)20 7000 7000, Fax: +44 (0)20 7000 7001
Dean – François Ortalo-Magné
Social Media –
Facebook - https://www.facebook.com/londonbusinessschool
Twitter - https://twitter.com/lbs
YouTube - https://www.youtube.com/user/londonbusinessschool
LinkedIn - https://www.linkedin.com/school/london-business-school/
London Business School Fees
Tuition Cost of full MBA program in 2020 was £ 87,900 for domestic and international candidates.
Plus, there is a non-refundable commitment fee of £3,000 and a reservation fee of £6,000 – all these are to be paid within a month of an offer. Later, these will be deducted from the tuition fees.
Additionally, there is Student Association fee of £240 is also charged for student association subscription.
London Business School MBA requirements
Factors of LBS MBA 2021 | Numbers |
---|---|
Average GMAT | 701 |
GMAT Scores (middle 80%) | 600 – 780 |
Average GPA | 3.5 |
Undergraduate GPA (middle 80%) | NA |
Class Size (enrolled) | 497 |
% of women in the class | 38.0% |
% International students | 92% |
Work Experience (Average) | 5.5 years |
Work Experience (middle 80%) | 2 – 15 years |
Average Age | 29 |
There are 4 admission rounds in London Business School, but it is preferred to apply in round 1 or 2. Check the table below for the deadlines:
Admissions Rounds | Application Deadlines | Interview Invites | Decisions |
---|---|---|---|
Round One | 11-Sep-20 | 16-Oct-20 | 1-Dec-20 |
Round Two | 5-Jan-21 | 9-Feb-21 | 31-Mar-21 |
Round Three | 4-Mar-21 | 14-Apr-21 | 25-May-21 |
Round Four | 27-Apr-21 | 18-May-21 | 22-Jun-21 |
Some more requirements are to be filled during admission:
- Application essays
- Application fee of £200
- Copy of transcripts
- Names and details of two referees
- One-page CV
- Proof of English language ability
Notable Features After MBA
% Employed after graduation | 92% |
Mean Salary Class 2019 | £ 83,295 |
London Business School - Pre-MBA work experience in MBA Class 2021
Check the Pie-chart below for information regarding Pre-MBA work experience:
As per the chart, the maximum number of candidates used to work in Consulting or Finance/Accounting sector.
Placement Details and Salary offer After Completing MBA from London Business School
Most of the candidates get placement in consulting and finance sector. The following chart shows the percentage London Business School MBA placements in different industries:
Moving on to the salary and other compensations, get the data from the table below:
Industry | Mean Salary | Other compensation |
---|---|---|
Consulting | £87,880 | £36,921 |
Finance | £84,590 | £52,434 |
Investment Banking | £85,362 | £56,761 |
Private Equity | £87,699 | £65,612 |
Investment Management | £89,500 | £56,000 |
Venture Capital | £74,336 | £20,756 |
Finance-Other | £84,629 | £44,421 |
Technology | £75,448 | £23,560 |
Internet/e-commerce | £72,347 | £35,741 |
IT Services | £71,614 | £13,698 |
Technology – Other | £79,478 | £18,453 |
Diversified | £80,583 | £23,522 |
Consumer & Retail | £87,054 | £32,473 |
Energy | £82,202 | £13,793 |
Health/Pharma | £73,434 | £14,435 |
Industrials | £77,221 | £26,391 |
Diversified- Other | £93,097 | N/A |
As per the table, the highest mean salary offered in Investment management services. The same goes for other compensation. To know the salary offered to the candidates of a different region, check the table below:
Region | Mean Salary |
---|---|
UK | £80,926 |
Europe (except UK) | £80,122 |
Asia | £79,624 |
USA/ Canada | £107,375 |
Latin America | £67,063 |
Middle East | £101,017 |
Oceania | £87,894 |
Candidates of US/Canada, after completing their MBA from London Business School get the highest mean salary.
Top employers of the MBA candidates of London Business School
The highest percentage of MBA candidates in London Business School come with experience in consulting and finance sectors. Plus, they prefer getting placements in these two sectors, it is quite natural that the top employers of LBS candidates will be from these two sectors. Check the table below for information on it:
Consulting | Finance | Technology | Diversified |
McKinsey & Company | Credit Suisse | Amazon | Kraft Heinz Company |
Boston Consulting Group | Partners Group | Samsung Electronics | Renault Nissan Mitsubishi Alliance |
Bain & Company | PIMCO | Uber | AB InBev |
Strategy& (PwC) | Goldman Sachs | - | |
EY | MetLife | Mastercard | - |
Accenture Strategy | Citi | Wipro | - |
Deloitte | Morgan Stanley | - | - |
OC&C Strategy Consultants | - | - | - |
Roland Berger | - | - | - |
London Business School Notable Alumni
Behind a handful of successful people London Business School played a major role – below the names of a few are mentioned:
- Tony Wheeler – Founder, Lonely Planet
- Nisreen Shocair – President, Virgin Megastore Middle East & North Africa
- Kumar Birla – Chairman, Aditya Birla Group
- Simon Borrows – CEO, 3i Group
- Ismail Ahmed – Founder and CEO, WorldRemit
- Evelyn Bourke – CEO, Bupa
- Wong Kan Seng – Former Deputy Prime Minister and former Member of Parliament Singapore Government
- Cyrus Mistry – Former Chairman, Tata Group
- Jim Ratcliffe – Chairman and CEO, Ineos Chemicals Group
- Tim Kopra – Astronaut, NASA
A candidate needs to hold exceptionally good academic records to get admission to London Business School. It is not very easy to secure admission in London Business School – only with a satisfactory GMAT and language test score, along with strong academic record, candidates are allowed to pursue MBA here.