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London Business School MBA

Dhruvin Jain

Dhruvin Jain

Dec 16, 2024

29 mins read

London Business School

London Business School MBA: Is It the Right Choice for You?

Are you thinking about pursuing an MBA that opens doors to global opportunities? The London Business School MBA might just be the perfect fit for you. With its global reputation and a diverse student cohort, LBS offers a learning experience unlike any other. But what exactly makes it stand out? Let’s find out.

What Makes the LBS MBA So Special?

Let’s be real—there are countless MBA programs out there, so why should you consider London Business School? Here are a few reasons:

  1. World-Class Education: LBS consistently ranks among the top 10 MBA programs globally (we’ll get into the exact rankings shortly).
  2. Diverse Cohort: Imagine sitting in a classroom with students from over 60 countries. Exciting, right?
  3. Prime Location: The school is located in London, a global financial hub that also happens to be buzzing with culture and opportunities.

Snapshot of the LBS MBA Program

Here’s a quick overview of the LBS MBA to help you understand what the program entails.

Feature

Details

Program Duration15-21 months (flexible)
Average Class Size~500 students
Nationalities RepresentedOver 60 countries
Average Post-MBA Salary£103,000 (approx. $130,000)
Tuition Fee£109,700 (2024 intake)

Is the LBS MBA Worth It for International Students?

Absolutely! Here’s why:

  • Networking Opportunities: With classmates from all over the world, you’ll build connections that last a lifetime.
  • Career Boost: LBS has partnerships with top employers across industries. Think McKinsey, Google, and Amazon.
  • Global Exposure: From exchange programs to international business projects, you’ll get hands-on global experience.

Still curious? Let’s dive deeper into what makes the LBS MBA shine.

Key Takeaways About the LBS MBA

So, why does the London Business School MBA continue to grab the spotlight among international students? Here’s a quick rundown of the most compelling reasons.

Snapshot of Key Program Highlights

Here’s what you need to know at a glance:

Feature

Details

Global Rankings (2024)8th globally, 4th in Europe (Financial Times)
Program DurationFlexible: 15 to 21 months
Cost of Program£109,700 (2024 intake)
Average Post-MBA Salary£99,333 (~$130,000), with opportunities in consulting, finance, and tech
Nationalities RepresentedOver 60, with 90% of students coming from outside the UK
Average Work Experience5 years
GMAT RangeAverage: 708; Range: 600–800+

Unique Features of the LBS MBA

  1. Flexibility in Duration: Not every MBA program lets you choose the length of your studies! Whether you want to accelerate or take extra time for internships, LBS offers flexibility between 15 and 21 months.
  2. Unmatched Diversity: Did you know that over 90% of the cohort are international students? You’ll collaborate with peers from over 60 countries, each bringing unique perspectives to the classroom.
  3. Global Career Prospects: LBS boasts strong ties with top recruiters worldwide. Think McKinsey, BCG, Google, and Goldman Sachs. The employment report highlights that nearly 94% of graduates land offers within three months of graduation.
  4. Location Advantage: London isn’t just a city; it’s a financial, cultural, and tech hub. Imagine networking events, internships, and career opportunities right on your doorstep.

Where Do LBS Graduates Work?

Let’s take a quick look at the industries and roles LBS MBA grads step into:

Industry

Percentage of Grads

Consulting38%
Finance28%
Technology22%
Other Industries12%

Why Is the LBS MBA a Top Choice for International Students?

Let me ask you this: What’s more important in today’s world—local expertise or global understanding? If you answered the latter, then the LBS MBA is perfect for you. With its international faculty, diverse students, and a curriculum designed around global business challenges, LBS prepares you for a career that spans continents.

Want help with your study abroad journey?

LBS MBA Class Profile: Who Will You Be Studying With?

One of the biggest draws of the London Business School MBA is its vibrant and diverse class. Let’s take a closer look at the people who make up the LBS MBA community—you’ll likely find this cohort to be as inspiring as the program itself!

Demographic Breakdown

Category

Details

Class Size (2024 intake)~500 students
NationalitiesOver 60 countries
International Students90%
Gender Diversity40% female, 60% male
Average Age29 years

The LBS MBA boasts an incredibly diverse classroom, with students from nearly every corner of the globe. Whether you’re from Asia, Europe, Africa, or the Americas, you’ll feel right at home—and learn from perspectives you never considered before.

Academic Backgrounds and Industry Representation

LBS prides itself on attracting students with varied educational and professional experiences. Here’s a breakdown:

Academic Background

Percentage of Students

Business & Economics34%
Engineering25%
Humanities & Social Sciences22%
Other19%

Industry Background

Percentage of Students

Consulting27%
Finance25%
Technology15%
Other Industries33%

GMAT/GRE Statistics

Getting into LBS isn’t easy, but it’s definitely worth it! Here’s what the admissions numbers look like:

Metric

Details

Average GMAT Score708
GMAT Range (middle 80%)600–800
GRE Accepted?Yes (strong quant scores preferred)

What Does This Mean for You?

Joining the LBS MBA means you’ll be surrounded by some of the brightest minds across industries. Your classmates will bring unique insights, professional experiences, and cultural perspectives to the table. The result? A rich, collaborative learning environment that prepares you to excel anywhere in the world.

Final Thoughts: Is the LBS MBA for You?

If you’re looking for a globally recognized MBA program with unmatched diversity, flexibility, and career opportunities, the London Business School MBA should definitely be on your radar. With students from over 60 nationalities and access to London’s dynamic job market, LBS offers more than just a degree—it offers a launchpad for your future.

The LBS MBA Student Experience

So, what’s it really like to be an MBA student at London Business School? Beyond the academics, the LBS MBA offers an enriching and vibrant student life—both on campus and in the heart of London.

Life on the London Business School Campus

Picture this: You’re stepping into a modern, bustling campus in Regent’s Park, surrounded by green spaces yet minutes away from London’s buzzing streets. The campus itself is a mix of state-of-the-art facilities and historic charm.

What makes it special?

  • Flexible Study Spaces: Think collaborative breakout rooms, high-tech lecture halls, and quiet study zones.
  • World-Class Faculty: Professors with experience across industries and continents guide you through every step of your journey.
  • Global Energy: With 90% international students, every conversation is a new cultural discovery.

Clubs, Societies, and Networking

Ever heard the saying, “Your network is your net worth”? At LBS, this couldn’t be truer. The school hosts over 70 student clubs catering to professional, cultural, and social interests.

Some popular clubs include:

  • Finance Club: For those eyeing investment banking or private equity.
  • Tech & Media Club: Perfect for tech enthusiasts and innovators.
  • Women in Business Club: A platform to empower female leaders.
  • Regional Clubs: Celebrate and learn from global diversity through clubs like the Asia Club or Latin America Club.

Networking Opportunities

  • Global Business Experiences: Week-long trips to explore international business markets.
  • Industry Events: Meet recruiters from Google, McKinsey, and more during on-campus events.
  • Alumni Network: With over 45,000 alumni in 155+ countries, you’ll always find someone from LBS to connect with.

What Current Students and Alumni Say

Curious about what it’s really like? Let’s hear it from the people who know best:

  • “The diversity in my classroom is incredible—every group project feels like a global board meeting!”
  • “Living in London has been a game-changer. The opportunities for internships and networking are endless.”
  • “The clubs and societies really help you explore new industries or deepen your expertise in your field.”
Want help with your study abroad journey?

LBS MBA Acceptance Rate and Requirements

Wondering how tough it is to get into LBS? Let’s break it down.

How Competitive Is the LBS MBA?

The LBS MBA acceptance rate hovers around 25%, meaning 1 in 4 applicants make the cut. But don’t let this discourage you! With the right preparation and a compelling story, your chances are higher than you think.

Entry Requirements

Here’s what LBS looks for in its MBA applicants

Requirement

Details

Academic QualificationsUndergraduate degree or equivalent (strong academic performance expected).
GMAT/GRE ScoresAverage GMAT: 708 (GRE also accepted, with strong quant scores preferred).
Work ExperienceMinimum 2 years, average 5 years.
Language ProficiencyEnglish fluency required; TOEFL or IELTS if applicable.
Essay and RecommendationsOne application essay and two professional references.

Deadlines and Application Process

The LBS MBA operates on a rolling admissions basis, with key deadlines divided into four rounds.

Round

Application Deadline

Decision Notification

Round 1SeptemberDecember
Round 2JanuaryMarch
Round 3MarchMay
Round 4AprilJune

LBS MBA Program & Curriculum

LBS offers a dynamic, flexible MBA curriculum that allows you to shape your journey based on your career aspirations.

Program Duration

The program can be completed in 15 to 21 months, making it adaptable for students with different career goals:

  • 15 months: Ideal for those eager to return to the workforce.
  • 21 months: Includes additional time for internships, electives, or exchange programs.

Core Courses and Electives

Core Curriculum

Every LBS MBA student begins with core courses designed to build a strong foundation in business management:

  • Business Analytics
  • Strategy
  • Corporate Finance
  • Leadership and Organizational Behavior

Electives

With 70+ electives, you can customize your learning journey. Options include:

  • Advanced Financial Management
  • Digital Transformation
  • Global Economic Trends

Leadership Development

LBS places a strong emphasis on leadership skills. Through coaching, mentorship, and workshops, you’ll gain the confidence to lead in complex, global environments.

Innovative Learning Methods

The curriculum isn’t just about lectures. You’ll engage in:

  • Case Studies: Tackling real-world business challenges.
  • Simulations: Leading teams through high-pressure situations.
  • Global Immersions: Experiencing how business works in different countries.

LBS MBA Experiential Learning Programs

Are you the kind of person who learns best by doing? The London Business School MBA has you covered with experiential learning opportunities that take you beyond the classroom.

What Is Experiential Learning at LBS?

It’s about applying theories to real-world challenges. At LBS, you’ll engage in:

  • Live Projects: Solve business problems for real companies.
  • Global Immersions: Understand business practices in different regions.
  • Leadership Labs: Hone your leadership skills through simulations and coaching.

Highlights of the Experiential Learning Programs

Global Business Experience (GBE)

This week-long program takes you to global business hubs like New York, Mumbai, or Shanghai. You’ll meet industry leaders, tour local companies, and tackle regional business challenges.

Case Competitions and Simulations

LBS regularly hosts case competitions where you compete with peers to solve business challenges. These events simulate real-world pressures and sharpen your decision-making skills.

International Exchange Programs

Want to experience another top-tier institution? LBS partners with 30+ global business schools, including Wharton and HKUST, allowing you to spend a term abroad.

Experiential Opportunity

Key Features

Global Business ExperienceInternational week-long immersion in business hubs.
Leadership LabsHands-on workshops focused on soft skills and leadership.
Exchange ProgramsTerm abroad at partner schools such as Wharton, IESE, and HKUST.

Research Centers and Resources

Do you dream of being at the cutting edge of business research? LBS offers an impressive array of research opportunities through its dedicated centers.

Notable Research Centers at LBS

  1. Leadership Institute: Focuses on developing leadership skills through groundbreaking research and workshops.
  2. Institute of Innovation and Entrepreneurship: Explores the future of innovation and supports startups through mentorship.
  3. Centre for Corporate Governance: Investigates how organizations can drive sustainable and ethical growth.

Student Engagement in Research

As an MBA student, you can:

  • Collaborate with faculty on research projects.
  • Contribute to thought leadership through publishing papers.
  • Attend seminars and workshops led by top academics and industry leaders.

Fees and Financing

Let’s face it: An MBA is a big investment. But is the London Business School MBA worth it? Let’s break down the costs and financing options.

LBS MBA Fees and Cost of Attendance

Expense

Estimated Cost (2024 Intake)

Tuition Fee£109,700
Living Expenses~£25,000 (per year, varies by lifestyle)
Additional Costs~£3,500 (e.g., textbooks, student club fees)
Total (15-month MBA)~£138,200

Scholarships and Financial Aid

The good news? LBS offers plenty of scholarships and financial aid to support international students. Some notable options include:

  1. LBS Merit Scholarships: Awarded to candidates with exceptional academic and professional achievements.
  2. Need-Based Scholarships: Financial assistance for students with limited resources.
  3. External Funding: Options like Prodigy Finance or bank loans designed for MBA students.

Cost Comparison and ROI

How does LBS compare with other top global MBA programs?

Business School

Tuition (USD)

Average Post-MBA Salary (USD)

London Business School$138,000 (approx.)~$130,000
Harvard Business School$120,000~$150,000
INSEAD$104,000~$115,000

With strong placement rates and a global reputation, LBS delivers excellent value for your investment, especially for students targeting international careers.

Employment Outcomes and Salary After LBS MBA

Are you curious about what life looks like after graduating from the London Business School MBA? Let’s explore the employment outcomes and the incredible opportunities awaiting LBS graduates.

Placement Statistics: Employment Rate and Salaries

Metric

Details

Employment Rate94% within three months of graduation
Average Salary£99,333 (~$130,000)
Job Locations50% UK, 25% Europe (non-UK), 25% other regions

Industries and Companies Hiring LBS MBA Graduates

Industry

Percentage of Graduates

Top Hiring Companies

Consulting38%McKinsey, BCG, Bain, Deloitte
Finance28%Goldman Sachs, Morgan Stanley, JP Morgan
Technology22%Amazon, Google, Microsoft
Other Industries12%LVMH, Uber, Pfizer

Alumni Network and Career Benefits

Did you know that LBS has a global alumni network of over 45,000 professionals in 155+ countries? Here’s how it helps:

  • Lifelong Networking: Access to alumni events and mentorship programs.
  • Career Mobility: Alumni frequently transition between industries or countries with ease.
  • Leadership Roles: A significant percentage of alumni hold C-suite or senior management positions.

LBS MBA Rankings and Recognition

If rankings matter to you (and they probably should!), LBS has consistently proven itself as a leader in global business education.

Latest Rankings (2024)

Ranking Authority

Position

Financial Times (Global MBA)8th globally, 4th in Europe
QS Global MBA Rankings5th globally
Bloomberg BusinessweekTop 10 for International MBA Programs

How LBS Stacks Up Against Other Top MBAs

School

FT Rank (2024)

Average Salary Post-MBA

London Business School8th£99,333
INSEAD2nd~£95,000
Harvard Business School3rd~£115,000

LBS MBA Application Process: Essays and Interviews

Ready to apply to LBS? Let’s break down the process step-by-step.

Essays: Crafting Compelling Responses

LBS essays are a chance to tell your unique story. Typical essay prompts include:

  1. "What are your post-MBA goals, and how will LBS help you achieve them?"
    • Tip: Be specific about your goals and align them with LBS’s offerings.
  2. "Describe a situation where you demonstrated leadership."
    • Tip: Use the STAR method (Situation, Task, Action, Result) to structure your response.

Interviews: What to Expect

LBS interviews are conducted by alumni and focus on your career goals, leadership potential, and fit for the program.

Sample Questions

  • Why do you want to pursue an MBA at LBS?
  • Tell me about a time you managed conflict in a team.
  • What are your short-term and long-term career goals?

Interview Tips

  • Be Authentic: Alumni want to know the real you.
  • Know Your Application: Be ready to expand on your essays.
  • Practice, Practice, Practice: Mock interviews can help you refine your answers.
Want help with your study abroad journey?

Why Choose the LBS MBA?

Still deciding if LBS is the right fit for you? Here’s why it stands out:

  1. Unparalleled Global Exposure: With students and faculty from around the world, every class feels like a global summit.
  2. Location Advantage: London’s proximity to global businesses makes networking and internships incredibly accessible.
  3. Career Impact: The strong alumni network and high placement rates mean a fast return on investment.
FAQs
2. What is the average GMAT score for LBS MBA students?
The average GMAT score is 708, with a typical range of 600–800.
6. Is the LBS MBA worth it?
Definitely! With strong placement rates, global opportunities, and an alumni network of 45,000+, the ROI is high.
3. What are the entry requirements for the LBS MBA?
You’ll need an undergraduate degree, at least 2 years of work experience, GMAT/GRE scores, and English proficiency.
4. How long is the LBS MBA program?
It’s flexible, ranging from 15 to 21 months depending on your preferences.
5. Are there scholarships available for the LBS MBA?
Yes, LBS offers merit-based, need-based, and external scholarships.
1. What is the total cost of the LBS MBA?
The tuition fee is £109,700, with an estimated total cost of ~£138,200 including living expenses.
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Dhruvin Jain
Dhruvin Jain

Articles: 20

Dhruvin Jain is the co-founder of MastersBuddy, a tech-first platform that has helped over 2500 students find and apply to top master’s programs globally. He is a master’s graduate from IE Business School, and is passionate about education, technology, and entrepreneurship.

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