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London Business School- Post Graduation Courses, Fees, Requirment

Written by  Rachit Agrawal, MBA

Published on Thu, January 9, 2020 12:45 PM   Updated on Tue, January 28, 2020 9:57 AM   9 mins read

London Business School (LBS) is one of the best and most reputed schools and is a part of the federal University of London. This college was established in 1964 and offers post-graduation to students. It is considered to be one of the top B-schools in the world. It offers one of the best MBA programmes, PhD, masters plus some short-term courses for executives.

London Business School

The B-school is located just around the Baker’s Street, a few steps from the financial capital. The school offers prestigious courses like MBA, MSc, EMBA covering areas like accounting, financial studies, management science and operations, strategy and entrepreneurship.

  • One of the best B-schools in the world. Came second in QS Global EMBA rankings 2018.
  • Its graduates are among the world’s top leaders and entrepreneurs.
  • Is an international hub. 55% of the students are from different countries providing diversity in culture and traditions.
  • Located at the main hub of the country, provides all the facilities and amenities required.

London Business School (LBS) MBA

The MBA course provided by London Business School is 15-21 months of concentrated study and trained development that will prepare you for rapid promotion or career change. It is an unbelievable opportunity to build a global network within a few months of admission.

This course helps one to test their initiatives, challenge their vision, broaden their thoughts and develop leadership qualities. This course is truly one life-changing experience for the student.

  • This course can take anywhere from 15-21 months of rigorous and professional training.
  • One develops a global network and is employed within the first three months of the course.
  • One can customise their course by selecting from 80+ electives within this due time.
  • It requires a minimum of 5 years’ experience for admission.

London Business School (LBS) MBA Fees

LBS is considered one of the best colleges for MBA programme and MBA fees for Indian students may seem a bit on the higher side but the college guarantees three times more salary after graduation. This means that the ROI or the return on an investment after MBA from LBS is great.

MBA PROGRAMFEES
Normal MBAINR 57 lakhs
EMBAINR 90 lakhs

London Business School (LBS) MBA Requirements

MBA in London Business School (LBS) requires the following criteria to be matched for the admission:

  • Applicant must have a graduation degree.
  • GMAT/GRE score
  • Applicant must have a minimum of 2 years of work experience 
  • Interview- shortlisted candidates will be interviewed in their specific regions
  • English proficiency score
  • A score of IELTS
  • Score of PTE

Read More: EDHEC Business School – The Complete Guide


London Business School (LBS) MBA Rankings

Master of Business Administration or the MBA course in LBS is considered one of the best courses throughout the world. It is the best in its class and as located in the financial capital of the country, it provides access to major firms and provides great exposure to the foreign delegates.

The ranking of this MBA through the years have remained almost consistent and it still is among the best institutes for MBA course as per QS global ranking of best MBA programs.

  • Rank in 2019- 6th 
  • Rank in 2018- 4th 
  • Rank in 2017- 5th 
  • Average rank is 5th among all the universities in the world

London Business School (LBS) Executive MBA

Understand your initiative potential with London Business School’s (LBS) Executive MBA (EMBA). This transformative program furnishes you with the business information, initiative abilities and systems to quicken your vocation. Decide to take it in London or Dubai to suit your own arrangements.

  • Duration of the course is 20 months
  • The course usually starts in the first week of January 
  • Fees for EMBA in London is INR 90 lakhs
  • Fees for EMBA in Dubai is INR 86 lakhs
  • Allocation fees to be paid separately 

London Business School (LBS) Acceptance rate

As LBS is one of the top institutes in the world, it gets ample amount of applications throughout the world for admissions. As there are 55% of international students in the school, most of the applications are of international students who dream of the best school. Out of thousands of applications received yearly, the acceptance rate of these applications is not too high as to maintain the high standard of the institute.

  • Only 25% acceptance rate
  • 55% of international students in the program
  • Scholarship granted based on the score

London Business School (LBS) Ranking

According to the recent list out by QS Global MBA, one of the best MBA colleges ranking site, LBS was 4th in the list behind Stanford, Harvard and Penn universities. The institute offers one of the best MBA courses for postgraduates and guarantees thrice the income from the expenditure. Top 5 institutes all over the world:

  • Stanford 
  • Harvard
  • Penn 
  • London Business School
  • MIT

London Business School (LBS) fees

College fees depend on the course which one is pursuing. Fees may also vary depending upon the duration and the location of the course. This comes handy as LBS also offers courses in Dubai. Though the fees of some course may seem higher to most of the individuals, LBS guarantees thrice the income than expenditure with a job in three months of the course starting.

  • MBA fees- INR 90 lakhs in London
  • INR 86 lakhs in Dubai 
  • EMBA fees- INR 94 lakhs
  • PhD fees- INR 1.2 crores 

Read More: Schulich School of Business


London Business School (LBS) GMAT score requirement

LBS is one of the best and most reputed institutes for MBA program and thus requires a high GMAT score. Individual needs a high GMAT score to get admission in this college. The average score of a class in LBS in 2018 was 708 and in 2019 it was 710.

  • Average score 700+ 
  • Highest score 788
  • The total GMAT score is a maximum of 800

London Business School (LBS) Admission requirement

To get admission in LBS, one must first submit an application before the deadline to the college. After assessing the application and the score of the individual, one can get admission in the college.

  • Fulfilling the applicants 2-year work experience criteria
  • Application essay
  • One-page CV
  • GMAT score
  • Proof of English proficiency 
  • Application fee
  • Copy of transcript 

London Business School (LBS) Acceptance rate

As LBS is one of the top institutes in the world, it gets ample amount of applications throughout the world for admissions. As there are 55% of international students in the school, most of the applications are of international students who dream of the best school. Out of thousands of applications received yearly, the acceptance rate of these applications is not too high as to maintain the high standard of the institute.

  • Only 25% acceptance rate
  • 55% of international students in the program
  • Scholarship granted based on the score

London Business School (LBS) Master in Finance

LBS Master in Finance degree is considered one of the best post-graduation programs in the world. Duration of the course is 16-20 months depending on the individual. It is a full or part-time course which one can pursue. Fees of the course are less than the MBA course but still, the course is rewarding.

  • Fees of the MiF is INR 46 lakhs
  • Duration of the course is 16-20 months
  • Work experience should be between 3-8 years
  • It is a full or part-time course

London Business School (LBS) Courses Offered

LBS offers masters degree to the graduates looking to learn the best skills studying in the financial capital of the country. The college offers various courses which can help an individual to polish their skills and earn great wages.

  • MBA
  • EMBA
  • Masters in Finance
  • PhD
  • Financial Analysis

London Business School (LBS) PhD

The school offers a 5-year full-time PhD program. It underpins 60 completely subsidized PhD up-and-comers in seven doctoral projects: Accounting, Economics, Finance, Management Science and Operations, Marketing, Organizational Behaviour, and Strategic and International Management.

  • 5-year program
  • Can choose the field in which one needs to do PhD
  • High international student ratio
  • Fees of PhD course is INR 70 lakhs

London Business School (LBS) scholarship

LBS offers a scholarship for students all over the world. For Indian students, depending upon the score and the income of the family, one can get financial aid of 100% on the tuition fees else can get scholarship up to INR 30 lakhs. This offers a great deal to the students as financial help on the education field is one the most important.

  • Financial aid of 100%
  • Scholarship up to INR 30 lakhs
  • Tuition fee expenses are covered in the scholarship
  • Scholarships are purely based on the merit

London Business School (LBS) Requirements

LBS requires the following criteria to be matched for admission:

  • Applicant must have a graduation degree.
  • GMAT/GRE score
  • Applicant must have a minimum of 2 years of work experience 
  • Interview- shortlisted candidates will be interviewed in their specific regions
  • English proficiency score
  • A score of IELTS
  • Score of PTE

FAQs

Who will be guiding the program?

Ans- The Program is educated by individuals from London Business School workforce, with language instructing led by authorities from the Modern Language Centre at King’s College, London. Lord’s College, similar to LBS, is a piece of the University of London. For certain aptitudes instructing, LBS staff are helped by outside masters in the executive’s abilities improvement.

What are the core and tailored courses?

Ans- A core course is a course or the curriculum which is common for everyone i.e. everyone has to study it. The tailored course is a course which is specially made by the student depending on the individual preference.

How many hours should I study?

Ans- It involves a weekly three-hour class. You need to spend about two and a half hours in private study, with group meetings and group work for every hour in the classroom.

What is the salary after the completion of the course?

Ans- The college guarantees a salary thrice than that of the expenditure. The average mean of the salary of the class from 2018 was around INR 2.3 crores.

What is a Business Project?

Ans- Business Project is an elective course which you can opt-in the Second Year. It helps you to test your skill with a real-life business problem. You to apply the business skills, frameworks, and tools acquired thus far in the programme.

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About the Author & Expert

Avatar

Rachit Agrawal

Author • MBA • 20 Years

Rachit believes in the power of education and has studied from the top institutes of IIIT Allahabad, IIM Calcutta, and Francois Rabelias in France. He has worked as Software Developer with Microsoft and Adobe. Post his MBA, he worked with the world's # 1 consulting firm, The Boston Consulting Group across multiple geographies US, South-East Asia and Europe.

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