Study Abroad Study in UK University London Business School (LBS): Rankings, Courses, Admission, Fees, Scholarships and Placements

London Business School (LBS): Rankings, Courses, Admission, Fees, Scholarships and Placements

Study Abroad Team 27/01/2025

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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

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.
Demonstrate Financial Need: For need-based scholarships, provide transparent and accurate financial documents to support your application.
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