Highlights:
- MBA profile: The total number of students in MBA for the class profile of 2025 is 487.
- Fees: MBA costs around GBP 1,15,000 is London Business School.
- GMAT score: A GMAT score above 700 is required for pursuing an MBA in this college.
- Top Recruiters: Bain & Company, Boston, PIMCO, Morgan Stanley, etc are some top recruiters of this school.
- Average salary: The average salary of London Business School graduates is around 1,02,000.
London Business School MBA is one of the prestigious business programs in the UK. The program ranks #8 in the Financial Times annual ranking of MBA programs. It has an acceptance rate of 25% for the incoming students. Let us acknowledge some information about Indian students studying at London Business School:
- Indian students can apply for 15, 18, or 21-month MBA programs in LBS.
- Nearly 16% of the students in LBS are Indians.
- Students coming from India can expect an annual living cost of around GBP 14,000 - GBP 18,000 (INR 14,82,980.80 - 19,06,689.60). A health insurance of GBP 348 (INR 36,862.67) is also required.
- The university recommends all Indian applicants to have qualities like: Leadership potential, a Global mindset, and a strong career vision for admission.
Interviews are an integral part of London Business School MBA admissions. Some facts revealed by past Indian students about LBS interview process are as follows:
- The interview is not a standard one-on-one interview.
- Applicants are asked to submit a presentation based on their profile and background.
Before applying to the London Business School MBA, make sure you prepare the application answers properly. This is one of the prime requirements for Indian as well as other international students. You must explain in detail about your future career plans and other notable information that the admissions committee must know about.
London Business School MBA Application Dates
London Business School MBA application deadline has crossed for the year 2024. However, the school is still considering applications as long as seats are available. As an Indian student, you need a minimum of 5 years of work experience, a GMAT score above 700, strong LORs, etc. As an Indian student, you can apply to this school for higher education to receive good ROI benefits. The table below shows the important dates for London Business School MBA admissions:
| Round | Application Deadline | Final Decision |
|---|---|---|
| Round 1 | September 8 | November 30 |
| Round 2 | January 3, 2024 | March 27, 2024 |
| Round 3 | March 25, 2024 | June 7, 2024 |
London Business School Application Requirements
London Business School MBA eligibility for international applicants requires certain criteria. You can easily get a chance to pursue an MBA here if you have a minimum of 5 years of work experience, proper GMAT score, etc. Recommendation letters are also mandatory. In case you have work experience of more than 5 years from India, you will still require a GMAT score within 650 - 700. Given below is the complete list of London Business School application requirements:
- A completed application form
- Application essays (Minimum 500 words). Try to speak in detail about your post-MBA plans, and other important information that the admissions committee must know about you.
- One-page CV
- Name and details of your referee (can be your employer or colleague)
- London Business School MBA average GMAT score: Above 700
- IELTS: 6.5 - 7.5
- TOEFL: 80 - 100
- London Business School MBA application fee of GBP 200 (INR 21,185.44)
- University transcripts
How to Apply to London Business School MBA?
To get into London Business School, you must visit their official admission portal. The selection process is strict, with an acceptance rate of just 25%. The below steps show the process for applying to the London Business School MBA timeline:
- Create an account or register at London Business School MBA application portal
- Fill out the application form
- Pay the application fee of GBP 200 (INR 21,185.44)
- Provide the documents as required
- Submit the application
- Shortlisted applicants will be asked to attend an interview
London Business School MBA Fees
The total cost of London Business School MBA includes a commitment fee, reservation fee, and association fee along with the tuition. Regarding living expenses, you can expect a monthly cost of around GBP 1,300 - GBP 1,800 (INR 1,37,705.36 - 1,90,668.96). However, it may vary according to the location, food options as well as lifestyle of a candidate. The table below shows the cost of studying in UK for LBS MBA:
| Fee Type | Total Fee |
|---|---|
| Tuition | GBP 1,15,000 (INR 1,21,81,628) |
| Commitment Fee | GBP 3,500 (INR 3,70,745.20) |
| Reservation Fee | GBP 6,500 (INR 6,88,526.80) |
| Student Association Fee | GBP 360 (INR 3,8,133.79) |
GBP 1 = INR 105.93 as on 21st June 2024
London Business School MBA Scholarships
To support the tuition fees, you can apply to the MBA scholarships in LBS. The top scholarships cover the tuition fees for international students. Apart from scholarships, the best things that this school provides are international exposure, world-class faculty, remarkable career opportunities, etc. Given below are the scholarships available for London Business School MBA admissions:
| Scholarship | Eligibility | Amount |
|---|---|---|
| SARI Foundation Trust Scholarship | Awarded to all successful MBA applicants | 100% tuition fees |
| London Business School Fund Scholarships | All successful MBA applicants Must have academic achievements | Full tuition fees |
| Professor Sir James Ball Endowed Scholarship Programme | Should have academic excellence, strength of character, and leadership potential | GBP 50,000 (INR 52,96,360) |
| Mary Ferreira Scholarship | Awarded to all successful MBA applicants | 50% of tuition fees |
| 30% Club Scholarship MBA | Awarded to all successful women MBA applicants | 50% of tuition fees |
GBP 1 = INR 105.93 as on 21st June 2024
London Business School MBA Class Profile
London Business School MBA class size for 2025 is 487. An ideal profile that gets accepted into London Business School for an MBA includes having 5 years of work experience, proper GMAT scores, ELP scores, etc. Interview performance is also taken into account for admissions. Given below are the statistics for MBA class profile 2025:
London Business School Career Outcomes
Pursuing an MBA from LBS is highly valuable, as the school also provides great career outcomes for graduates. Nearly 90% of the MBA graduates accepted a job offer within 3 months of graduation. London Business School MBA average salary is approximately GBP 1,02,000 (INR 1,08,04,574.40). The top recruiters for these MBA jobs in UK are Bain & Company, Boston, PIMCO, Morgan Stanley, etc. In case you are looking for jobs in India, you can apply in sectors like consulting, investment banking, or private equity. The table below shows the career outcomes of MBA graduates at London Business School:
| Industry | Average Salary |
|---|---|
| Consulting | GBP 1,04,427 (INR 1,10,61,659.71) |
| Technology | GBP 90,240 (INR 95,58,870.53) |
| Finance | GBP 1,00,268 (INR 1,06,21,108.49) |
| Investment Banking | GBP 1,03,188 (INR 1,09,30,415.91) |
| Consumer and Retail | GBP 80,039 (INR 84,78,307.16) |
GBP 1 = INR 105.93 as on 21st June 2024
As an Indian student, you can choose the London Business School MBA duration. You can apply for 15, 18, or 21-month MBA programs. Some candidates find it difficult to select between LBS and INSEAD. To clarify, both are excellent in their area. The duration of their business programs may vary. It entirely depends on the choice of the candidate, as both these institutions provide highly ranked programs.
FAQs
Ques. How to get admission in London Business School for MBA?
Ans. To get admission to London Business School for an MBA, you will require proper GMAT scores and strong recommendation letters. An average work experience of 5 years is required for an MBA.
Ques. Is GMAT required for LBS?
Ans. Yes, GMAT is one of the main requirements for LBS. A GMAT score above 700 is recommended for MBA in LBS. The selection process is strict, with an acceptance rate of just 25%.
Ques. What time is the deadline for LBS MBA?
Ans. London Business School MBA application deadline has crossed for the year 2024. However, the school is still considering applications as long as seats are available. As an international student, you must apply as early as possible for admission.
Ques. What is the acceptance rate for MBA in London School of business?
Ans. London Business School has an acceptance rate of 25% for the incoming students. An ideal profile accepted into London Business School for an MBA includes having 5 years of work experience, proper GMAT scores, ELP scores, etc
Ques. What is the fees for London Business School in INR?
Ans. The tuition fee for LBS MBA is INR 1,21,81,628. Other fees include a commitment fee of INR 3,70,745.20, a reservation fee of INR 6,88,526.80, and a student association fee of INR 3,8,133.79.
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