London Business School (LBS): Rankings, Courses, Admission, Fees, Scholarships and Placements
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London Business School (LBS)
University Highlights
Established in 1964, London Business School (LBS) is renowned globally for its excellence in business education and research. Nestled in the heart of London, LBS has consistently ranked among the top business schools worldwide. The school's infrastructure is state-of-the-art, providing students with access to world-class facilities and resources. The faculty at LBS comprises industry experts and experienced academicians who bring a wealth of knowledge to the classroom. LBS is accredited by prestigious organizations and offers significant funding opportunities for students through various scholarships and financial aids.
Key Highlights:
- Infrastructure: Modern classrooms, advanced research centers, extensive library, and collaborative spaces.
- Teaching Faculty: Experienced industry experts and renowned academicians.
- Funding: Offers extensive scholarships and financial aid options.
- Accreditation: Accredited by AACSB, AMBA, and EQUIS.
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)
-
Financial Times (FT): European Business Schools 2024: Ranked 3rd in Europe, making it one of the top institutions in the UK.
-
Bloomberg Businessweek: European Business Schools 2024: Ranked 4th in Europe, placing it among the best UK business schools.
-
QS World University Rankings: Ranked #1 in the UK for Business and Management Studies (part of its global ranking in this category).
International Rankings
-
Financial Times (FT): Global MBA 2024: Ranked 8th worldwide.
-
Bloomberg Businessweek: Ranked 4th in Europe (a reflection of its international prestige).
-
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:
-
QS World University Rankings: Business and Management Studies 2024: Ranked 3rd globally.
-
QS World University Rankings: Master's in finance 2024: Ranked 4th globally.
-
QS World University Rankings: Master's in management 2024: Ranked 4th globally.
-
QS World University Rankings: Master's in Business Analytics 2024: Ranked 5th globally.
-
Financial Times (FT): Master's in finance (post-experience) 2024: Ranked 1st globally.
-
Financial Times (FT): Master's in management 2024: Ranked 6th globally.
University Admissions
Admission to London Business School is highly competitive, attracting a diverse cohort of students from around the globe. With a significant percentage of international students, LBS offers a culturally enriching environment. The academic year is divided into semesters with multiple intakes, ensuring flexibility for applicants. The university boasts modern infrastructure that supports an exceptional learning experience.
UG Admissions
- Completed high school education with excellent academic records.
- Submission of SAT or ACT scores.
- English proficiency test scores (IELTS or TOEFL).
- Personal statement outlining career goals and motivation for studying at LBS.
- Letters of recommendation from teachers or mentors.
PG Admissions
- Undergraduate degree from a recognized institution.
- GMAT or GRE scores.
- Relevant work experience for MBA programs.
- English proficiency test scores (IELTS or TOEFL).
- Personal statement and letters of recommendation.
Ph.D. Admissions
- Master’s degree in a relevant field.
- Research proposal outlining the intended area of study.
- GMAT or GRE scores.
- English proficiency test scores (IELTS or TOEFL).
- Letters of recommendation from academic or professional referees.
To know more about other universities in the UK, click here.
London Business School Acceptance Rate Overview
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:
-
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:
-
The MiM program is notably competitive, with an acceptance rate of 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
-
Academic Excellence: Strong academic records and high GMAT/GRE scores.
-
Professional Experience: Significant work experience showcasing progression and impact.
-
Leadership Potential: Evidence of leadership roles and initiatives.
-
International Exposure: A global mindset and cross-cultural experiences.
University Programs
London Business School offers a range of undergraduate, postgraduate, and doctoral programs designed to equip students with the skills and knowledge needed for successful careers in business and management.
UG Programs
- Bachelor of Business Administration (BBA)
- Bachelor of Finance
- Bachelor of Economics
- Bachelor of Marketing
- Bachelor of Entrepreneurship
PG Programs
- MBA
- Master of Finance
- Master of Management
- Executive MBA
- Master of Analytics and Management
Accommodation
On-campus Accommodation
LBS offers on-campus accommodation options that provide a comfortable and convenient living experience for students. The on-campus housing includes modern facilities and amenities to support student life and learning.
Off-campus Accommodation
Students can also choose from a variety of off-campus accommodations located near the university. These options include private rentals, shared apartments, and student housing services.
Housing Options
- On-campus housing
- Off-campus private rentals
- Shared apartments
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 tuition fees at London Business School are competitive and reflect the high quality of education provided. Approximate figures for the tuition fees are as follows:
Program | Approximate Fees (GBP) |
---|---|
Undergraduate Programs | £30,000 - £35,000 per year |
Postgraduate Programs | £40,000 - £50,000 per year |
Cost of Living
The cost of living in London can vary based on lifestyle and accommodation choices. Approximate figures for living expenses are as follows:
Expense | Approximate Cost (GBP/month) |
---|---|
Rent, travel, and utilities | £1,200 - £1,500 |
Food & Drink, entertainment | £300 - £500 |
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.
LBS offers various scholarships to support students financially. These scholarships are awarded based on academic merit, financial need, and other criteria.
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.
-
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 boasts a high placement rate, with graduates securing top positions in renowned organizations worldwide. The school's dedicated career services team provides extensive support in job placements.
Job Role | Highest Approximate Salary (GBP) |
---|---|
Investment Banker | £120,000 |
Management Consultant | £100,000 |
Financial Analyst | £80,000 |
Marketing Manager | £70,000 |
Business Development Manager | £90,000 |
Entrepreneur | Varies |
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