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 2019, Financial Times ranked it number two business schools in Europe, and Forbes ranked LBS as the number one 2-year international MBA program.
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
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
Motto – To have a profound impact on the way the world does business
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|
|5||Work Experience (Average)||5.5 years|
|6||Tuition Cost (full program) MBA 2020||£ 87,900|
|8||% Employed after graduation||92%|
|9||Mean Salary Class 2019||£ 83,295|
LBS MBA – Class Profile 2021
London Business School MBA class of 2021 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 2021||Numbers|
|GMAT Scores (middle 80%)||600 – 780|
|Undergraduate GPA (middle 80%)||NA|
|Work Experience (middle 80%)||2 – 15 years|
|Average age (middle 80%)||NA|
|% of women in the class||38.0%|
|% International students||92%|
Pre-MBA work experience of London Business School MBA Class 2021
The detailed numbers on the ‘pre-MBA work experience by industry and region’ of London Business School MBA Class 2021 are as follows:
|LBS MBA: Pre-MBA industry
|Public Sector/ Not-for-profit/Education||4%|
LBS MBA – Class Profile 2021 by region
The incoming batch of 2021 has worked in the following regions before joining the MBA program at London Business School:
|Europe (excl. the UK)||21|
|Central/ South America||14|
|South East/ East Asia||14|
LBS MBA Requirements and deadlines
The application process for admission to the London Business School MBA program requires submission of the following:
- Fulfilling the application criteria of having an undergraduate degree and a minimum of 2 years work experience.
- Application essays
- One-page CV
- Names and details of two referees
- GMAT score
- Proof of English language ability
- Application fee of £200
- Copy of transcripts
Read more about What is a good GMAT score for London Business School and LBS MBA Essays tips 2020
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.
Below are the LBS MBA deadlines of each round:
|LBS MBA admissions rounds||LBS Application Deadlines||Interview Invites||Decisions|
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 fees for 2020 intake is £87,900. A non-refundable commitment fee of £3,000 and a reservation fee of £6,000 need to be paid within approximately one month of an offer. These fees will be deducted from the tuition fees.
A Student Association fee of £240 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 2019 was £83,295 excluding other compensation (joining bonus and other) amount of £36,423.
Below are the detailed placement figures of LBS MBA graduating class of 2019:
|Industry||Percent accepts||Mean Salary||Other compensation|
|Technology – Other||9||£79,478||£18,453|
|Consumer & Retail||2||£87,054||£32,473|
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LBS MBA – Employment by region
The majority (46%) of the LBS MBA graduating class of 2018 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|
|Europe (excl. UK)||14||£80,122||£27,876|
LBS MBA – Top Employers
As expected, the list of top employers is dominated by Consulting and Finance.
|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|
|OC&C Strategy Consultants|
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.
Safety Schools: ESADE, SDA Bocconi, IE Business School