London Business School (LBS) is one of the most prestigious business schools in the world, attracting students from across the globe, including India. If you are considering pursuing an MBA at LBS, here’s everything you need to know about fees, scholarships, placements, and admission requirements.
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London Business School MBA Fees
The tuition fee for the LBS MBA program for the 2025 intake is £119,950. In addition, students are required to pay a Student Association Fee of £300. These fees apply to all students, irrespective of nationality.
LBS MBA Fees in Indian Rupees
For Indian students, converting the tuition fee into INR depends on the exchange rate. At an estimated rate of 1 GBP = 105 INR, the total MBA tuition fee is approximately ₹12,594,750. However, exchange rates fluctuate, so it’s recommended to check the latest rate at the time of payment.
London Business School MBA Scholarships
LBS offers several scholarships to support outstanding students. Some notable scholarships include:
- London Business School India Scholarship – Designed specifically for Indian students.
- Laidlaw Women’s Leadership Fund – Encourages female leadership in business.
- 30% Club Scholarship for Women – Supports women aiming for top-tier business education.
- LBS Merit Scholarships – Awarded based on academic excellence, leadership potential, and career achievements.
Many scholarships are automatically considered during the admission process, while others require separate applications.
Placements & Salary
LBS MBA graduates are highly sought after by top employers worldwide. According to the MBA Employment Report 2023:
- 90% of graduates secured a job offer within three months of graduation.
- The average salary was £99,333, with additional compensation of around £50,514 for many students.
- Graduates were placed across industries:
- Consulting: 45%
- Finance: 26%
- Technology: 21%
- Other sectors: 8%
Top recruiters include McKinsey & Company, Boston Consulting Group, Bain & Company, Amazon, and Morgan Stanley.
London Business School MBA Admission Requirements
To be eligible for the LBS MBA program, applicants must meet the following criteria:
- Bachelor’s Degree: A strong academic record from a recognized institution.
- Work Experience: Minimum two years of full-time work experience (average in the current class is 5.6 years).
- GMAT/GRE Score: A competitive score is required, with the average GMAT score being 708 for the MBA2024 class.
- English Language Proficiency: Non-native speakers may need to submit TOEFL or IELTS scores.
- Application Components: A one-page CV, essays, references, and academic transcripts.
Why Choose London Business School?
London Business School stands out for its global exposure, strong industry connections, and excellent return on investment. The school offers a dynamic learning experience, networking opportunities, and access to some of the world’s top employers.
If you are planning to apply for an LBS MBA, ensure you explore scholarship options, check financial aid opportunities, and prepare a strong application to maximize your chances of admission.