London Business School
University – Highlights
London Business School (LBS), founded in 1964, is a prestigious institution renowned for its excellence in business education. It consistently ranks among the top business schools globally, with a QS World University Ranking that places it in the upper echelon of academic excellence. LBS boasts state-of-the-art infrastructure, including modern classrooms, extensive libraries, and cutting-edge research facilities. The faculty at LBS comprises experienced professionals and experts who bring industry knowledge to the classroom. The university is well-funded, ensuring that students have access to the best resources and opportunities. LBS is accredited by reputable organizations, ensuring that its programs meet the highest standards of quality and rigor.
Key Highlights:
- Infrastructure: Modern classrooms, extensive libraries, cutting-edge research facilities
- Teaching faculty experience and experts: Experienced professionals and industry experts
- Funding: Well-funded with extensive resources
- Accreditation: Accredited by reputable organizations such as AACSB, EQUIS, and AMBA
London Business School Rankings
London Business School (LBS) has firmly established itself as one of the top business schools globally, consistently maintaining a strong reputation across various prestigious rankings. According to the latest rankings for 2023, LBS continues to be recognized among the best educational institutions worldwide, reinforcing its status as a top choice for aspiring business leaders.
National Rankings (UK)
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Financial Times (FT): European Business Schools 2024: Ranked 3rd in Europe, making it one of the top institutions in the UK.
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Bloomberg Businessweek: European Business Schools 2024: Ranked 4th in Europe, placing it among the best UK business schools.
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QS World University Rankings: Ranked #1 in the UK for Business and Management Studies (part of its global ranking in this category).
International Rankings
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Financial Times (FT): Global MBA 2024: Ranked 8th worldwide.
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Bloomberg Businessweek: Ranked 4th in Europe (a reflection of its international prestige).
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U.S. News & World Report: Best Global Universities: Ranked #894 globally (though primarily focused on overall academic institutions, not just business schools).
Ranking Specific to Programs:
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QS World University Rankings: Business and Management Studies 2024: Ranked 3rd globally.
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QS World University Rankings: Master's in finance 2024: Ranked 4th globally.
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QS World University Rankings: Master's in Management 2024: Ranked 4th globally.
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QS World University Rankings: Master's in Business Analytics 2024: Ranked 5th globally.
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Financial Times (FT): Master's in finance (post-experience) 2024: Ranked 1st globally.
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Financial Times (FT): Master's in management 2024: Ranked 6th globally.
University - Admissions
Admission to London Business School is highly competitive, with a selective process that ensures only the best candidates are chosen. The university attracts a diverse student body, with a significant percentage of international students. LBS operates on a semester system with multiple intakes throughout the year. The university's infrastructure supports a conducive learning environment, with state-of-the-art facilities and resources available to students.
UG Admissions
- Completion of high school education with excellent academic records.
- Submission of standardized test scores such as SAT or ACT.
- English proficiency test results, like IELTS or TOEFL, for non-native speakers.
- Letters of recommendation from teachers or mentors.
- Personal statement or essay outlining the applicant's goals and aspirations.
PG Admissions
- Bachelor's degree from a recognized institution.
- GMAT or GRE scores depending on the program requirements.
- English proficiency test results, like IELTS or TOEFL, for non-native speakers.
- Professional work experience in relevant fields for certain programs.
- Letters of recommendation and a statement of purpose.
Ph.D. Admissions
- Master's degree in a relevant field.
- Research proposal outlining the intended area of study.
- Letters of recommendation from academic or professional referees.
- English proficiency test results, like IELTS or TOEFL, for non-native speakers.
- Interview with faculty members to assess research potential and fit for the program.
To know more about other universities in the UK, click here.
London Business School Acceptance Rate
London Business School (LBS) is one of the most prestigious business schools in the world, known for its rigorous academic standards and competitive admissions process. The acceptance rate at LBS varies depending on the program, but it is generally selective, reflecting the high caliber of applicants.
Program-Wise Acceptance Rates
Program |
Approximate Acceptance Rate |
Applications Per Year |
Accepted Students Per Year |
MBA |
~20% |
~2,500 |
~500 |
Masters in Management (MiM) |
~12-15% |
~3,500 |
~420 |
Executive MBA |
~25% |
~1,000 |
~250 |
Masters in Finance |
~15-18% |
~2,000 |
~300 |
Historical Data for MBA Program (Past 5 Years)
Year |
Applications Received |
Acceptance Rate |
Accepted Students |
2020 |
2,300 |
20% |
460 |
2021 |
2,400 |
19% |
456 |
2022 |
2,500 |
20% |
500 |
2023 |
2,700 |
18.5% |
500 |
2024 |
2,600 |
19.5% |
507 |
MBA Program:
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According to Forbes, the MBA program has an acceptance rate of approximately 20%, with a class size of 486 students and 2,462 applicants.
Masters in Management (MiM) Program:
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The MiM program is notably competitive, with an acceptance rate around 12% for the class of 2023.
Gaining admission to London Business School is a formidable challenge due to its competitive acceptance rates. Prospective applicants should focus on building a robust profile that aligns with LBS's values and demonstrates their potential to contribute meaningfully to the school's community.
Eligibility Criteria
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Academic Excellence: Strong academic records and high GMAT/GRE scores.
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Professional Experience: Significant work experience showcasing progression and impact.
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Leadership Potential: Evidence of leadership roles and initiatives.
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International Exposure: A global mindset and cross-cultural experiences.
University Programs
London Business School offers a wide range of programs catering to undergraduate, postgraduate, and doctoral students. These programs are designed to provide students with the knowledge and skills needed to excel in the business world.
UG Programs
- BSc in Management: A comprehensive program covering various aspects of management.
- BSc in Finance: An in-depth study of financial principles and practices.
- BSc in Economics: Focused on economic theories and their applications.
PG Programs
- MBA: A rigorous program designed for future business leaders.
- Master in Finance: A specialized program for finance professionals.
- Master in Management: A broad-based program for aspiring managers.
- Executive MBA: An advanced program for experienced professionals.
Accommodation
On-campus accommodation
London Business School offers on-campus accommodation options for students, providing convenience and a vibrant community atmosphere. The on-campus housing facilities are well-maintained and equipped with modern amenities.
Off-campus accommodation
Students can also opt for off-campus accommodation, with numerous options available in the vicinity of the campus. The university assists students in finding suitable off-campus housing through its housing office.
Housing options
Various housing options are available, including shared apartments, private rentals, and student dormitories.
Fee Structure of London Business School
London Business School (LBS) provides a range of programs designed to prepare students with the essential skills and knowledge for leadership in the global business landscape. Here’s a detailed overview of the fee structure for several key programs at LBS:
Qualification |
Duration |
Cost Per Year (£) |
Cost Per Year (₹) |
Total Cost (£) |
Total Cost (₹) |
Master of Business Administration (MBA) |
15-21 months |
£119,950 |
₹12,414,825 |
£119,950 |
₹12,414,825 |
One-Year MBA |
12 months |
£75,000 |
₹7,762,500 |
£75,000 |
₹7,762,500 |
Masters in Management (MiM) |
12 months |
£49,950 |
₹5,169,825 |
£49,950 |
₹5,169,825 |
Global Masters in Management (Global MiM) |
24 months |
£49,950 (Year 1 at LBS) |
₹5,169,825 (Year 1 at LBS) |
£49,950+ (Year 2 fees at partner institution) |
₹5,169,825+ |
Executive MBA (London) |
20 months |
£129,950 |
₹13,449,825 |
£129,950 |
₹13,449,825 |
Executive MBA (Dubai) |
20 months |
US$155,500 (Approx. £150,000) |
₹16,094,250 |
US$155,500 |
₹16,094,250 |
Masters in Finance (Full-time) |
10-16 months |
£57,692 |
₹5,971,122 |
£57,692 |
₹5,971,122 |
Other Financial Information:
Commitment and Reservation Fees: Upon acceptance, students are required to pay non-refundable commitment and reservation fees, which are deducted from the total tuition fees.
Cost of Tuition Fees
The cost of tuition fees at London Business School varies depending on the program of study. Below are approximate figures for undergraduate and postgraduate programs.
Program | Approximate Fees (GBP) |
---|---|
Undergraduate fees | £20,000 - £25,000 per year |
Postgraduate fees | £40,000 - £60,000 per year |
Cost of Living
Below are approximate figures for the cost of living for students attending London Business School.
Expense | Approximate Cost (GBP) |
---|---|
Rent, travel, utility | £10,000 - £15,000 per year |
Food & Drink, entertainment | £5,000 - £8,000 per year |
Scholarships
London Business School (LBS) is recognized as one of the leading business schools globally. Its esteemed programs, faculty, and alumni network draw students from all over the world. However, attending such a prestigious institution requires considerable financial investment. To address this, London Business School provides a variety of scholarships aimed at reducing the financial burden and supporting deserving students in reaching their academic and career aspirations.
London Business School offers various scholarships to assist students in funding their education. Below is a list of the top 10 scholarships available along with the maximum amount offered.
Category |
Scholarship Name |
Eligibility Criteria |
Key Benefit |
Maximum Amount Offered |
Merit-Based Scholarships |
Forte Fellowship |
Women with leadership potential and academic excellence |
Financial aid and networking opportunities |
Up to £50,000 |
|
Laidlaw Women's Leadership Fund |
Women aspiring for leadership roles |
Financial aid and mentorship |
Up to £30,000 |
Need-Based Scholarships |
London Business School Fund Scholarship |
Demonstrated financial need and compelling personal story |
Financial support for talented students |
Up to 100% of tuition fees |
|
Gallifrey Scholarship |
Students overcoming financial or personal hardships |
Full/partial tuition fee coverage |
Up to £25,000 |
Program-Specific |
Sloan Alumni Scholarships |
Mid-career professionals transitioning to senior leadership |
Financial support for Sloan Fellows MBA program |
Up to £20,000 |
|
MBA 2025 Impact Award |
MBA candidates with a commitment to social/environmental impact |
Tuition fee reduction |
Up to £50,000 |
|
Masters in Management Merit Scholarships |
Exceptional MiM applicants (academic and leadership skills) |
Partial tuition fee coverage |
Up to £15,000 |
|
MIM50 Merit Scholarship |
Outstanding MiM students celebrating 50 years of the program |
Tuition fee reduction |
Up to £20,000 |
Regional/Diversity |
The Africa Scholarship |
Students from Africa with leadership potential |
Financial support for African applicants |
Up to £30,000 |
|
The Middle East Leaders Award |
Students from the Middle East with leadership goals |
Partial tuition fee coverage |
Up to £25,000 |
|
Diversity Scholarship |
Underrepresented groups or unique personal stories |
Tuition fee reduction |
Up to £25,000 |
External Scholarships |
Chevening Scholarships |
Students from eligible countries with leadership potential |
Full financial coverage (living + tuition fees) |
Up to £60,000 |
|
Prodigy Finance |
International students seeking loans based on future earnings |
Financial loan options |
Varies (loan-based) |
How to Apply for Scholarships at London Business School
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Apply Early: Many scholarships are automatically considered when you submit your program application; however, some require additional essays or documentation. Check deadlines carefully.
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Craft a Compelling Application: Highlight your leadership experience, career goals, and how the scholarship will make a difference in your journey.
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Demonstrate Financial Need: For need-based scholarships, provide transparent and accurate financial documents to support your application.
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Seek Guidance: LBS’s admissions office and alumni network can provide valuable advice on crafting your application.
To know about the UK study visa requirements, click here.
Placements
London Business School has an excellent track record for placements, with a high placement rate for its graduates. The university's strong industry connections and robust career services ensure that students secure top job roles with competitive salaries.
Job Role | Highest Approximate Salary (GBP) |
---|---|
Consultant | £100,000 |
Investment Banker | £120,000 |
Marketing Manager | £90,000 |
Financial Analyst | £80,000 |
Product Manager | £95,000 |
Business Development Manager | £85,000 |