London Business School LBS MBA program, established in 1964 is a business school of the University of London and awards postgraduate degrees in management and finance, MBA and Ph.D. LBS MBA program is cosmopolitan in nature just like the city it is situated in. The latest incoming class of LBS MBA is comprised of 92% international students from 66 countries. LBS boasts its MBA program as the world’s most flexible MBA. An LBS MBA student has the option to complete the MBA in 15, 18, or 21 months.
The London Business School is also highly ranked. In 2022, Financial Times ranked it the number two business school in Europe. In 2022, London Business School has been ranked number 5 in Poets & Quants 2023 ‘Top 50 MBAs for Entrepreneurship’ ranking.
In this article, we’ll share some important information on the MBA program at the London business school. Here is the outline of the article:
- General Information on LBS MBA
- LBS MBA program – Class profile, MBA Fees, Salary
- LBS MBA – Requirements and Application deadlines
- LBS MBA – Placements and salaries
- LBS MBA program – Top Employers
- Notable Alumni – London Business School
General Information
Location – London Business School, Regent’s Park, London, NW1 4SA, United Kingdom, Tel: +44 (0)20 7000 7000, Fax: +44 (0)20 7000 7001
Dean – François Ortalo-Magné
Social Media – Facebook, Twitter, YouTube, LinkedIn
Motto – To have a profound impact on the way the world does business
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LBS MBA – Class profile, MBA Fees, Salary Report
Below are some important numbers of the London Business School MBA program. The numbers include class size, average GMAT and GPA, MBA fees, mean salary, etc.
| S. No. | London Business School | Numbers |
| 1 | Average GMAT | 708 |
| 2 | Average GPA | 3.5 |
| 3 | Class Size (MBA2024) | 509 |
| 4 | GMAT Range | 590-790 |
| 5 | Work Experience (Average) | 5.5 years |
| 6 | Tuition Cost (full program) MBA 2023 | £ 109,700 |
| 7 | Average Age | 29 |
| 8 | % Employed after graduation | 92% |
| 9 | Mean Salary Class 2021 | £ 85,374 |
LBS MBA – Class Profile 2024
London Business School MBA class of 2024 is as diverse as it comes not just with respect to nationalities but also with respect to the age and work experience.
| LBS class Profile 2024 | Numbers |
| Enrolled | 509 |
| GMAT Scores (middle 80%) | 590 – 790 |
| Undergraduate GPA (middle 80%) | NA |
| Average Work Experience | 5.5 years |
| Average age (middle 80%) | NA |
| % of women in the class | 37% |
| % International students | NA |
Pre-MBA work experience of London Business School MBA Class 2024
The detailed numbers on the ‘pre-MBA work experience by industry and region’ of London Business School MBA Class 2024 are as follows:
| LBS MBA: Pre-MBA industry | Percentage |
| Consulting | 30% |
| Finance/Accounting | 25% |
| FMCG/Retail/Luxury goods/e-commerce | 9% |
| Manufacturing/Engineering/Construction | 6% |
| IT&T | 5% |
| Energy/Power Generation | 5% |
| Public Sector/ Not-for-profit/Education | 3% |
| Healthcare/Pharmaceuticals/Biotechnology | 3% |
| Automotive/Aerospace/Transport/Logistics | 3% |
| Others | 11% |
LBS MBA – Class Profile 2024 by region
The incoming batch of 2024 has worked in the following regions before joining the MBA program at London Business School:
| Region | Percentage |
| North America | 15 |
| Europe (excl. the UK) | 15 |
| Central/ South America | 17 |
| South East/ East Asia | 15 |
| South Asia | 15 |
| UK | 9 |
| Middle East | 7 |
| Oceania | 4 |
| Africa | 3 |
LBS MBA Requirements and deadlines
The application process for admission to the London Business School MBA program requires submission of the following:
- Application essays
- One-page CV
- Names and details a referee
- GMAT/GRE score
- Proof of English language ability
- Application fee of £200
- Copy of transcripts
Here are the two essay questions you need answer in your LBS application:
- What are your post-MBA goals and how will your prior experience and the London Business School programme contribute towards these? (500 words)
- Is there any other information you believe the Admissions Committee should know about you and your application to London Business School? (Optional) (500 words)
Read more about What is a good GMAT score for London Business School and LBS MBA Essays tips 2022
The application process is divided into four rounds. You may apply in the round of your choosing. However, applying in Round 1 or 2 is always advantageous.
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Below are the LBS MBA deadlines of each round:
| LBS MBA admissions rounds | LBS Application Deadlines | Interview Invites | Decisions |
| Round One | 09-Sep-22 | 13-Oct-22 | 1-Dec-22 |
| Round Two | 5-Jan-23 | 9-Feb-23 | 05-Apr-23 |
| Round Three | 27-Mar-23 | 27-Apr-23 | 09-Jun-23 |
Learn more about Round 1 vs Round 2 – Which MBA Application Round should I apply in?
London Business School MBA Fees
The London Business School MBA fee for the 2023 intake is £109,700. Apart from this, there is an application fee of £200. This fee is paid by credit card.
A Student Association fee of £300 is also levied to cover the student association subscription.
The LBS MBA fees are the same for both international and domestic students.
LBS MBA Placement and salaries
The maximum number of LBS MBA graduates find employment in the consulting industry, followed by Finance and Technology. The mean salary for the outgoing class of 2021 was £85,374, excluding other compensation (joining bonus and other) amount of £36,989.
Below are the detailed placement figures of LBS MBA graduating class of 2021:
| Industry | Percent accepts | Mean Salary | Other compensation |
| Consulting | 38 | £87,951 | £37,983 |
| Finance | 26 | £91,406 | £51,360 |
| Investment Banking | 7 | £95,290 | £54,822 |
| Private Equity | 8 | £92,251 | £65,294 |
| Investment Management | 4 | £100,709 | £43,158 |
| Venture Capital | 2 | £84,562 | £20,630 |
| Hedge Funds/Alternative investments | 2 | £89,106 | £50,482 |
| Private Wealth management | 1 | £91,689 | NA |
| Finance-Other | 2 | £70,920 | £34,470 |
| Technology | 26 | £77,138 | £25,499 |
| Internet/e-commerce | 10 | £728,892 | £36,813 |
| IT Services | 6 | £76,797 | £14,531 |
| FinTech | 5 | £77,236 | £13,970 |
| Electronics | 1 | £91,544 | £44,950 |
| HealthTech | 1 | £66,203 | £18,904 |
| Media and Entertainment | 1 | £78,150 | £9,037 |
| Technology – Other | 2 | £66,720 | £10,217 |
| Diversified | 10 | £85,114 | £26,517 |
| Consumer & Retail | 3 | £87,549 | £18,631 |
| Energy | 1 | NA | NA |
| Healthcare | 2 | £81,352 | £35,174 |
| Industrials | 3 | NA | NA |
| Diversified- Other | 1 | NA | NA |
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LBS MBA - Employment by region
The majority (46%) of the LBS MBA graduating class of 2021 found employment in the UK itself. However, when it comes to mean salary, the USA/Canada offered the highest i.e. £107,375 followed by the middle east and Oceania (Australia, New Zealand, etc.).
The table below consists of detailed numbers on LBS MBA placement figures based on region:
| Region | Percentage | Mean Salary | Other Compensation |
| UK | 52 | £80,926 | £35,124 |
| Europe (excl. UK) | 10 | £80,122 | £27,876 |
| Asia | 13 | £90,697 | £38,920 |
| USA/ Canada | 9 | £11,677 | £41,245 |
| Latin America | 9 | £62,147 | £52,400 |
| Middle East & Africa | 5 | £101,894 | £36,742 |
| Oceania | 2 | £86,536 | £35,962 |
LBS MBA - Top Employers
As expected, the list of top employers is dominated by Consulting and Finance.
| Consulting | Finance | Technology | Diversified |
| McKinsey & Company | Credit Suisse | Amazon | Kraft Heinz Company |
| Boston Consulting Group | Partners Group | Samsung Electronics | Renault Nissan Mitsubishi Alliance |
| Bain & Company | PIMCO | Uber | AB InBev |
| Strategy& (PwC) | Goldman Sachs | ||
| EY | MetLife | Mastercard | |
| Accenture Stratergy | Citi | Wipro | |
| Deloitte | Morgan Stanley | ||
| OC&C Strategy Consultants | |||
| Roland Berger |
London Business School - Notable
- Tony Wheeler - Founder, Lonely Planet
- Nisreen Shocair - President, Virgin Megastore Middle East & North Africa
- Kumar Birla - Chairman, Aditya Birla Group
- Simon Borrows - CEO, 3i Group
- Ismail Ahmed - Founder and CEO, WorldRemit
- Evelyn Bourke - CEO, Bupa
- Wong Kan Seng - Former Deputy Prime Minister and former Member of Parliament Singapore Government
- Cyrus Mistry - Former Chairman, Tata Group
- Jim Ratcliffe - Chairman and CEO, Ineos Chemicals Group
- Tim Kopra - Astronaut, NASA
Other MBA programs you should consider
The following are some other schools that are a close match to LBS in terms of GMAT and GPA, age and work experience. We have listed the programs by stretch, match, and safety. Note that these options are presented on the basis of the schools’ brand image and ranking status as a general yardstick.
Stretch Schools: INSEAD, HEC Paris, IMD
Match Schools: Cambridge (Judge), Oxford (Saïd)
Safety Schools: ESADE, SDA Bocconi, IE Business School
