London Business School’s MBA program stands out with over 100 electives, allowing you to customize your learning curve. Ranked #3 globally in Business and Management Studies, LBS is a great choice if you are looking to elevate your career with a premier MBA.
In this overview, I have mentioned key highlights that make LBS’s MBA a game-changer and how to leverage unrivaled access to a vibrant international network and leading global businesses through an MBA from LBS.
Table of Contents
- Why Choose London Business School for MBA
- London Business School’s MBA Program Highlights and Curriculum Overview
- Admissions Requirements at London Business School
- MBA Application Process at London Business School
- MBA London Business School: Eligibility Criteria
- What is Acceptance Rate in London Business School MBA
- London Business School: Rankings and Fees
- London Business School MBA: Scholarships
- Top Recruiters in UK After MBA from London Business School
- Average and Highest Salary After London Business School
- What are Key Differences Between London Business School MBA and Other Top MBA Programs
- What are GMAT/GRE Exam Score Requirements for Admission to MBA at London Business School
- Key Dates and Deadlines for MBA Application Cycle at
- London Business School
- Career Opportunities After MBA at London Business School
- Famous LBS Alumni
- Conclusion
Why Choose London Business School for MBA
London Business School is a prominent choice for study abroad aspirants for the following reasons:
- Over 100 electives and flexible exit points allow you to tailor your MBA to personal career goals.
- The program includes a close-knit international community of over 53,000 individuals from 160 countries and various industries.
- Based in London, you get unparalleled access to top global businesses and vibrant startups.
- The highest standards of academic excellence are provided through highly respected faculty and guest speakers.
- Students engage with seasoned industry experts in the Career Centre, attracting the attention of leading recruiters.
London Business School’s MBA Program Highlights and Curriculum Overview
The London Business School’s MBA program is two years long. The first year is divided into three terms: August to December (Term One), January to March (Term Two), and April to June (Term Three). The second year is flexible, so students can graduate in 15 to 21 months.
In the first year, students focus on core business courses such as strategy, marketing, and operations management. They can also choose specialized core courses like Digital Strategy, Value Chain Management, Global Economic Analysis, and Business Analytics.
Additionally, students can select from 80 elective courses covering a wide range of subjects from Accounting to Organizational Behavior.
The MBA degree at London Business School is structured to provide a comprehensive and flexible learning experience for students.
Here’s a detailed overview of the curriculum highlights and structure:
Year 1 (August-June):
- Pre-Term:
Online Preparation: Students engage in preparatory coursework to build foundational knowledge and skills.
- Term One (August-December):
Business Fundamentals: Core courses covering essential disciplines such as Accounting, Finance, Statistics, and Data Analytics for Managers.
- Term Two (January-March):
Tailored Core: Students begin to tailor their learning path by selecting courses from a diverse range, including Macroeconomics, Strategy, Marketing, and Operations Management.
- Term Three (April-June):
Further Specialization: Focus intensifies on elective courses like Business Analytics, Global Economic Analysis, and Digital Strategy, aligning with career goals.
- Summer (July-August):
Internships or Entrepreneurship Summer School: Students gain practical experience through internships or participate in an intensive Entrepreneurship Summer School.
Year 2 (September-July):
- Flexible Learning Path:
Year two allows for complete customization with flexible exit points at 15, 18, or 21 months, accommodating diverse career timelines and goals.
- Electives and Specializations:
- Wide Range of Electives: London Business School offers between 10 to 12 electives, allowing students to specialize in areas such as Finance, Marketing, Strategy, and Entrepreneurship.
- Varied Formats: Classes are scheduled on weekdays, evenings, weekends, and intensive block weeks, ensuring flexibility and accessibility.
- Global Experience and Career Development:
- Global Business Project: Students engage in real-world projects, international exchanges, and global internships, enhancing their global perspective and practical skills.
- Career Management: The Career Centre supports students with personalized coaching, recruitment events, and access to a global alumni network, facilitating career growth and job placements.
Admissions Requirements at London Business School
To apply for the MBA program at London Business School, ensure you have the following:
- Completed Online Application Form: Fill out the form over multiple sessions and upload all supporting documents, such as transcripts and essays.
- CV/Resume: Must be one to two pages long. Include explanations for any significant gaps in academic qualification or employment history.
- Transcripts: Upload academic documents from all your academic institutions. Include course lists, grades, degree subject, and class ranking (if available). Provide certified or notarized English translations if the originals are not in English.
- Proof of English Language Ability: Submit TOEFL, IELTS, PTE, or Cambridge test scores unless waived due to English-speaking work experience or degree studies.
- Application Essays: Use the provided Executive MBA essay template for two questions, each with a maximum of 600 words:
- Question 1: Explain how you will contribute to the program and how it will benefit you.
- Question 2: Describe the personal significance of becoming an LBS alumnus and your future contributions to the community.
- Reference: Provide details of at least one reference, preferably from your current line manager or someone who can assess your academic or managerial abilities.
- Executive Assessment or GMAT Score: Consider taking the Executive Assessment (EA) if eligible for a GMAT waiver. Use LBS's GMAT simulator for preparation.
- Application Fee: Pay the application fee (£180-£250) online. Graduates of London Business School may be exempt, and alumni recommendations can help waive the fee.
MBA Application Process at London Business School
Applying to the MBA program at London Business School involves several straightforward steps to ensure a smooth and efficient process:
Submitting Application
- Start your application online: Begin by visiting the application portal on the London Business School website.
- Create an account and input your details: Register with the necessary personal information to initiate your application.
- Pay the application processing fee: Complete the payment to proceed with your application.
- Submit your supporting documents:
- Current resume/CV
- Personal statement
- Complete degree transcripts
- Contact details of two professional referees
- Career planning questions: Address these questions thoughtfully to provide insight into your professional aspirations.
- GMAT/GRE test scores: Ensure your scores meet LBS's requirements at the time of application.
- English language scores: If applicable, provide scores from tests like TOEFL or IELTS.
- Complete your application: Finalize and submit your application. Note that referees may submit their recommendations after your initial submission.
Interview Process
- Interview: Shortlisted candidates will be invited to a 30-minute online interview. Use this opportunity to showcase your motivation and suitability for the LBS MBA program.
Admissions Decision
- Admissions Review: Your application and interview will be thoroughly reviewed, and you will receive a decision within three weeks.
Submission of Outstanding Documents and Deposit
- Submit Documents: Submit any outstanding documents to fulfill your offer conditions through the application portal upon receiving an offer.
- Pay Deposit: Secure your place by paying a non-refundable deposit of 10% of the tuition fees.
MBA London Business School: Eligibility Criteria
To be eligible for the MBA program at London Business School, applicants must meet the following criteria:
If you receive an offer from London Business School and are a European Economic Area (EEA), Swiss, or non-EEA national, you may need a visa to study in the UK.
- You may require a Student visa or UK immigration permission that allows for studying, such as Indefinite Leave to Remain (ILR), EU (Pre-) Settled Status, or a Spouse/Partner visa.
- You typically cannot pursue these programs while on a Visitor Visa.
If you have a Skilled Worker (formerly Tier 2) visa, you will need your employer's consent to study at LBS full-time.
What is Acceptance Rate in London Business School MBA
The acceptance rate for London Business School is usually around 25%, based on the ratio of admissions to applications and other enrollment data. The acceptance rate is low because the business school is highly competitive and selective.
Applicants must demonstrate strong academic credentials, significant work experience, and exceptional leadership potential to secure a spot in the program.
London Business School: Rankings and Fees
London Business School is consistently ranked among the top business schools globally. Here are some of its notable rankings:
Rankings
London Business School (LBS) is one of the top public universities in London, United Kingdom, renowned for its business education and research excellence. Here are some of its notable rankings:
Ranking Source |
Category |
Rank |
QS World University Rankings by Subject 2024 | Business and Management Studies | #3 |
US News Best Global Universities | Best Global Universities | #894 |
Best Global Universities in Europe | #324 | |
Best Global Universities in the United Kingdom | #62 | |
US News Subject Rankings | Economics and Business | #58 |
Fees
The following table outlines the fees associated with the MBA program at London Business School for international students. The tuition fee remains consistent across all student categories, yet aspirants must check the specific program page for accurate information.
Fee Type |
Amount |
Details |
Tuition Fees | £115,000 | Covers the full length of the 15-21 month program. Exclusive of any program-related travel expenses. Same for both international and domestic students. |
Commitment Fee | £3,500 | Non-refundable. Due within one month of the offer. Deducted from total tuition fees. |
Reservation Fee | £6,500 | Non-refundable. Deducted from total tuition fees. Late applicants pay tuition fees in a shorter time frame. |
Student Association Fee | £360 | Covers the Student Association (SA) subscription, enabling participation in various community events and activities. |
London Business School MBA: Scholarships
London Business School offers a diverse portfolio of scholarships to attract and support the brightest talent.
- Internal Scholarships: These are scholarships awarded directly by London Business School to its students.
- External Scholarships: In addition to internal scholarships, many external organizations also offer scholarships or grants to students attending London Business School.
Scholarship Name | Eligibility | Benefit |
BK Birla Scholars Programme | Candidates who demonstrate academic excellence and leadership potential, and uphold the ideals of integrity, dedication, and service to humanity. | Up to full fees |
London Business School Fund Scholarships | All successful MBA applicants. | Up to full fees |
Professor Sir James Ball Endowed Scholarship Programme | Deserving MBA candidates who have demonstrated academic excellence, strength of character, and leadership potential. | Up to £50,000 |
Tech Disrupt and Transform Scholarship | All successful MBA applicants with a passion for innovation. | £50,000 |
The 30% Club Scholarship MBA | All successful women MBA applicants. | Up to 50% of the full tuition fee |
London Business School Entrepreneurship Scholarship | All successful MBA applicants who have set up or have been working in entrepreneurial ventures or those who plan to after the MBA. | Up to 50% of tuition fees |
JN Tata Endowment's Loan Scholarship | Indian women graduate from a recognized Indian University with a strong academic record. | Variable |
LBS Technology and Engineering Scholarship | All successful MBA applicants who are employed in technology or engineering. | Up to 50% of tuition fees |
London Business School Energy Scholarship | All successful MBA applicants who are employed in the energy sector. | Up to 50% of tuition fees |
London Business School Luxury and Retail Scholarship | All successful MBA applicants who are employed in the Luxury and Retail industries. | Up to 50% of tuition fees |
London Business School Healthcare Scholarship | All successful MBA applicants who are employed in healthcare, medical research, or pharmaceuticals. | Up to 50% of tuition fees |
Out in Business MBA/MiF Scholarship | Applicants who have been admitted onto one of our MBA, Masters in Finance Full-time, or Masters in Finance Part-time programs. | Up to £15,000 |
London Business School Military Scholarship | All successful MBA applicants who have been employed in a full-time military role in their career so far. | Up to £30,000 |
Learn More About Scholarships to Study in UK | |
Fully Funded Scholarships in UK for International Students | Scholarships in UK for Indian Students |
Top Recruiters in UK After MBA from London Business School
Explore the sought-after employers for London Business School MBA graduates, spanning consulting, finance, technology, and diverse industries.
Industry |
Company |
Average Annual Salary |
Consulting | Bain & Company | £92,000 |
Consulting | McKinsey & Company | £67,000 |
Consulting | Boston Consulting Group (BCG) | £100,000 |
Consulting | Kearney | £45,000 |
Consulting | Strategy& | £57,879 |
Finance | PIMCO | £65,000 |
Finance | Morgan Stanley | £50,000 |
Finance | Actis | £87,000 |
Finance | Citi | £60,000 |
Technology | Amazon | £63,000 |
Technology | American Express | £49,000 |
Technology | R3 | £70,000 |
Diversified | Eli Lilly and Company | £35,000 |
Diversified | Nike | £24,000 |
Diversified | Wheeler Institute for Business and Development | £37,326 |
Source: Glassdoor, August 2024
Average and Highest Salary After London Business School
Discover the lucrative outcomes of a London Business School degree with insights into average and top salaries across diverse industries. From Consulting to Technology and Finance, see how LBS graduates excel in earning potential post-graduation.
Industry | Average Salary (UK Pounds) | Highest Salary (UK Pounds) |
Consulting | £104,427 | £201,127 |
Technology | £90,240 | £168,124 |
Finance | £100,268 | £185,160 |
Central Banks/Ministries/Regulation/Public Finance | £101,797 | £145,079 |
Consumer & Retail | £80,039 | £106,251 |
Energy | £99,375 | £183,248 |
Industrials | £108,990 | £160,000 |
Source: University Website
What are Key Differences Between London Business School MBA and Other Top MBA Programs
Studying an MBA at London Business School offers distinct advantages over other top programs:
- Global Diversity: With 63 nationalities in the MBA 2023 intake, you join a diverse community of over 53,000 alumni worldwide.
- Employment Success: As of 2023, 90% of students secured employment within three months, benefiting from strong industry connections and a top-ranked program.
- Flexible Curriculum: You can customize your MBA with 100+ electives and flexible exit points tailored to your career goals and interests.
- London Advantage: Gain access to top global businesses and startups in one of the world's leading financial capitals.
- Leadership Development: LBS excels in leadership training through hands-on learning, case studies, and dedicated programs, distinguishing itself from other programs focusing more on theory.
- Finance and Consulting: Leveraging London’s financial hub status, LBS provides specialized electives in finance and consulting, giving students a competitive advantage in these fields.
What are GMAT/GRE Exam Score Requirements for Admission to MBA at London Business School
The GMAT or GRE score requirement is typically competitive for admission to the MBA program at London Business School.
- GMAT Average: The average GMAT score in the 2024 MBA class is 702.
- GMAT Score Range: Scores in the 2024 MBA class ranged from 600 to 780.
- GRE Equivalent: hoseT considering the GRE, should aim for scores around 163 in the verbal section and 164 in the quant section.
Key Dates and Deadlines for MBA Application Cycle at
London Business School
Stay on track with your MBA aspirations at London Business School with these essential dates and deadlines for the application cycle.
- First Round: Submit your application by September 6, 2024, to receive interview decisions by October 10, 2024. Join us for interviews from mid-October to early November, with admission decisions sent by November 28, 2024.
- Second Round: Apply by January 3, 2025, for interview decisions by February 6, 2025. Interviews are scheduled from early February to early March, and admission decisions will be sent by March 27, 2025.
- Third Round: The application deadline is March 24, 2025, with interview decisions by April 16, 2025. Interviews will be conducted from late April to mid-May, and admission decisions will follow on June 5, 2025.
Career Opportunities After MBA at London Business School
The MBA from London Business School opens doors across industries and geographies, preparing graduates for leadership roles in finance, consulting, technology, and entrepreneurship.
With 94% of students receiving job offers within three months of graduation, the program’s immersive learning, industry connections, and Career Center support ensure a strong foundation for success.
Here are some key career opportunities available to MBA graduates from LBS:
Job Sectors |
Job Roles |
IT |
|
Public Finance |
|
Consumer and Retail |
|
Investment Management |
|
Fintech |
|
Famous LBS Alumni
An impressive number of LBS graduates have made noteworthy contributions to the business community.
Some of these include:
- Wong Kan Seng, Former Deputy Prime Minister of Singapore,
- Kumar Birla, Chairman of Aditya Birla Group,
- Dame Mary Marsh, and Non-Executive Director of HSBC Bank.
These luminaries serve as inspiration to current students, illustrating the potential for global impact that an MBA from London Business School can bring.
Read More About Study in UK | ||
Student Visa for UK | Cost of Study in UK | Cost of Living in UK |
Why Choose UK for Studying Abroad | Requirements for studying in UK | How to choose STEM courses in UK |
Conclusion
The London Business School MBA is more than just a degree- it's a transformative experience. It equips students with the skills and insights needed to become innovative leaders in a rapidly evolving corporate world.
With its comprehensive curriculum and dynamic learning environment, LBS prepares graduates to excel and make a significant impact in their fields.
FAQs on London Business School MBA
What sets LBS apart from other business schools?
The MBA from London Business School offers a uniquely global perspective in one of the world's most diverse cities, providing unmatched networking and cultural experiences.
Is work experience mandatory?
While work experience is not mandatory, having a diverse background enhances the classroom experience. Relevant experience can strengthen your application.
How does LBS support career growth?
LBS supports career growth through a robust career services department, offering personalized coaching, extensive networking opportunities, and connections to leading recruiters.
Is an MBA cheaper in the UK or the USA?
One-year MBA programs in the UK are generally more affordable than two-year programs in the US. For example, a top US MBA can exceed $200K, including living costs, while UK MBA programs cost around £115,000 and are shorter in duration, allowing for quicker returns to the workforce.
What is the salary after an MBA at London Business School?
Graduates of London Business School’s MBA program can expect average salaries ranging from £80,000 to £150,000 per year. Salaries may vary based on industry, job function, and experience, with some earning even more.
Which MBA is most demanding in the UK?
In the UK, MBA specializations in Finance, Business Analytics, Technology Management, Marketing, and Strategy are in high demand due to the country’s financial hub status, the rise of data-driven decision-making, and a focus on IT and digital marketing.
Is the UK MBA valid globally?
Yes, an MBA from a reputable UK institution like London Business School is globally recognized and valued by employers worldwide.
What are the work experience requirements for the London Business School MBA program?
London Business School typically requires 3-4 years of work experience for its MBA program, although candidates with exceptional backgrounds may be considered with less experience.
Are there part-time or executive MBA options available at London Business School?
Yes, London Business School offers part-time and executive MBA programs for working professionals seeking career advancement while continuing their jobs.
What is the process for reapplying if not initially accepted into the London Business School MBA program?
If not accepted initially, applicants may either be rejected, allowing them to reapply in the next cycle, or placed on a waitlist, where they could be reconsidered if spots become available or additional supporting information is provided.
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