London Business School

FAQ

What is the tuition for London Business School’s MBA program?

The tuition for London Business School’s MBA program is 82,000 UK Pounds per year.

What is the average GMAT score for admission to London Business School’s MBA program?

The average GMAT score for the incoming class at London Business School’s is 708.

What is the minimum number of years of work experience required for admission to London Business School’s MBA program?

London Business School does not state a minimum requirement for years of work experience. However, it is important for candidates to be aware that they are being considered against other candidates with an average of 5.5 years of experience.

What is the average number of years of work experience for admission to London Business School’s MBA program? (or, What is the average age of a London Business School student?)

The average number of years of work experience among students in London Business School’s MBA program is 5.5. The average age of a London Business School MBA student is 29 years.

What is the average starting salary for graduates of the London Business School MBA program?

The average starting salary for London Business School’s MBA graduates is 79,885 UK Pounds. The salary will vary by industry, with consulting and finance jobs generally commanding the higher salaries.

How long is London Business School’s full-time MBA program?

London Business School offers a traditional 2 year MBA program.

What percent of London Business School MBA students are women?

The percentage of the class at London Business School that are women is 40%.

Admissions

The Class Profile

LBS enrolled 485 students in the fall of 2018. The average amount of professional experience for students prior to matriculating at LBS was five and a half years. Incoming students scored an average of 708 on the GMAT exam. International students comprise 91% of the Class of 2020 and represent 64 different nationalities. Female students make up 40% of the class in total. 

Application Procedures

London Business School has four stages of admission, with application deadlines typically occurring in September, January, March and April. In addition to a completed online application form, applicants must submit essays, a one-page résumé, names and details of two references, and academic transcripts from all undergraduate and graduate institutions attended. The school also requires applicants to send in a £200 application fee, GMAT scores, and, if necessary, results from the TOEFL, IELTS, CPE or PTE. Interviews are conducted on an invitation-only basis. 

Application Checklist

• Data Forms
• GMAT and TOEFL/IELTS/CPE/ PTE Score(s)
• Academic Transcripts
• Résumé
• Application Fee
• Two Recommendations
• Essays

Interview Reports

London Business School Interview Questions & Report: Round 1 / Alumnus / Off-campus (New Delhi)

For LBS, The interview was with an alumnus, with about 12 years of post-MBA experience. The interview began smoothly, despite some nervousness; on account of it being by my first ever interview experience. The interviewer asked with a traditional “tell me more about yourself”. While it was a non-blind interview and he had my application […]

London Business School Interview Questions & Report: Round 1 / Alumnus / His office

The following LBS interview questions and report were submitted to Clear Admit by a Round 1 applicant. Good luck to them! The interview was conducted in the alumnus’ office building. He talked me through his background and that had me “walk him through my resume”. He then preceded to ask standard business school and specifically questions such […]

London Business School Interview Questions & Report: Round 2/ Alum/ Mumbai

The following LBS interview questions and report were submitted to Clear Admit by a Round 2 applicant. Good luck to them! The alum asked me in length about my background, right from why I decided to major in my chosen field at undergrad to why I decided to take up the work that I did. He was […]

London Business School Interview Questions & Report: Round 2 / Alumnus / Bangalore

The following LBS interview questions and report were submitted to Clear Admit by a Round 2 applicant. Good luck to them! Interview was at the Alumnus’s office in the morning. The interview was largely conversational and friendly. Although it was a non-blind interview, the alumnus did not seem to have read through my materials. Started off with […]

Submit an LBS, McDonough, Yale SOM, Fuqua, Stanford GSB, or Berkeley / Haas MBA Interview Report – Receive a $10 Amazon Gift Card

If you’re interested in sharing your MBA interview experience, we are awarding a $10 Amazon gift certificate to each applicant who submits an MBA interview report for LBS, Georgetown / McDonough, Yale SOM, Duke / Fuqua, Stanford GSB, or Berkeley / Haas by midnight EST on Sunday, February 3, 2018. To be eligible for the $10 gift card and the contest, please include the […]

London Business School Interview Questions & Report: Round 2, Alumni, Mumbai

The following LBS interview questions and report were submitted to Clear Admit by a Round 2 applicant. Good luck to them! Alumni talked about my background, commonalities. Then went to basic questions on why LBS, why the career I’d chosen. He asked about the decisions I’d taken in life and how I ended up working investment banking. […]

London Business School Interview Questions & Report: Round 1 / Alumnus / Off-campus

The following LBS interview questions and report were submitted to Clear Admit by a Round 1 applicant. Good luck to them! The interview was an application-based interview with an alumnus in my country. The interviewer followed the guidelines from LBS and asked me the very standard questions of LBS Interview – what is your background, tell me […]

London Business School Interview Questions & Report: Round 2 / Alumnus / Off-Campus

The following LBS interview questions and report were submitted to Clear Admit by a Round 2 applicant who was waitlisted. Good luck to them! My interview was scheduled with an LBS alumnus. I was expected to fly to another city as LBS couldn’t find a rep in my current city, fortunately the interviewer managed to get his […]

London Business School Interview Questions & Report: Round 2 / Alumnus / Off-Campus

The following LBS interview questions and report were submitted to Clear Admit by a Round 2 applicant. Good luck to them! LBS is my second interview this year. The interviewer is an asset manager at Beijing. One minute self-introduction. About my first start-up experience. Asked in detail how I managed to convince people to join our start-up. […]

London Business School Interview Questions & Report: Round 2 / Alumnus / Off-campus

The following LBS interview questions and report were submitted to Clear Admit by a Round 2 applicant. Good luck to them! The interview lasted for about 2 hours and was fairly casual and engaging. He started with questions on my background including why I had made decisions to make a change in jobs, etc. Then we moved […]

Lbs Q&As

Podcast Episode 18: London Business School Admissions Director Q&A

This week we’ve got two new voices joining us on the Clear Admit MBA Admissions Podcast, Gareth Howells and David Simpson of London Business School. Howells is executive director for the MBA and Master in Finance (MiF) programs at LBS, and Simpson heads up admissions for both. Not only that, both men have been with […]

Real Humans of MBA Admissions: David Simpson of London Business School

This week’s Real Humans of MBA Admissions takes us across the pond to London. In some of the answers that follow, David Simpson’s British roots shine through—which makes sense for the admissions director of the MBA and Masters in Finance programs at London Business School (LBS). Simpson has been at LBS for almost a decade, […]

LBS Admissions Director on Reduction in Required Essays, Importance of Interview

With London Business School announcing its essay questions for the upcoming application season this week, we thought it a good time to check in with David Simpson, admissions director for the school’s MBA and Master in Finance programs, to see what led to some of the changes implemented this year. In brief, LBS has decided […]

Lbs LiveWire and DecisionWire

Academics

Faculty

Across its seven subject areas, London Business School employs faculty members from over 30 countries.  In addition to teaching courses, these scholars and practitioners help run the School’s seven research centers and initiatives, which investigate topics such as private equity, entrepreneurship, energy markets and asset management.

Curriculum

London Business School notes that while the majority of course material is delivered via lectures and case discussions, instructors also make use of other techniques such as field visits, guest speakers, and role-playing scenarios. Upon arriving at LBS, first-year students are divided into groups of approximately 75 students each that take their core courses together. These groups are further broken down into study groups of six or seven students each. Throughout the first year of their MBA studies, students work on assignments with their study group members; the school reports that study groups earn about 30% of their first-year grade together. 

The pre-term period for first-year MBA students begins in late August and is primarily comprised of three courses that last through the end of September. The first of these, Global Leadership Assessment for Managers, is designed to help students work on their interpersonal and teamwork skills in a cross-cultural setting. The second, Leadership Launch, allows students to choose from a menu of courses that use practical exercises to help them develop in a variety of areas, from speed reading to managing stress. Finally, Understanding General Management teaches students about common challenges that business managers face and how to overcome them. 

Following pre-term, students spend three terms—Autumn, Spring and Summer—completing the required curriculum. Autumn Term runs from August to December, Spring Term from January to March, and Summer Term from April to July. Each term, first-year students complete four to five core courses focused on foundational business disciplines. Students who have extensive prior experience in corporate finance and accounting gained within the last 10 years may take an exam to waive out of core courses in these areas and replace them with elective courses. In the summer between the first and second years, most MBA students opt to complete a summer internship, though students may also participate in Entrepreneurship Summer School. 

Unlike most MBA programs, which last either one or two full years, LBS allows its students to graduate after 15, 18 or 21 months of instruction. The second year of the program follows the same three-term calendar as the first year. During the second year, students must complete a summary course called Capstone as well as the course Global Business Experiences, through which teams of students partake in projects at locations throughout the world alongside LBS faculty members. To graduate, students must complete a minimum of 10 and a maximum of 12 elective courses. LBS enables students to tailor their studies to their desired career paths by taking five or more electives in one of seven elective concentrations. Students can also enroll in courses at University College London to supplement elective offerings at LBS. 

In keeping with the school’s international outlook, MBA candidates must also demonstrate competency in a language other than English to graduate; qualifying languages are Arabic, French, German, Italian, Japanese, Mandarin, Portuguese, Russian, and Spanish.  Students who plan to complete their MBA studies in 18 or 21 months may also spend a term studying abroad at one of LBS’s more than 30 partner schools. The school reports that 30% of MBA students spend a term abroad during their second year.

Other MBA Degree Options

In addition to its full-time MBA program, LBS offers several MBA degree options for applicants who are more advanced in their careers.  One such option is the 20-month Executive MBA, which is held across London and Dubai.  The school also supports two 20-month Global Executive MBA programs: the EMBA-Global Americas and Europe held between LBS and Columbia Business School, and the EMBA-Global Asia held between LBS, Columbia Business School and the University of Hong Kong.

Concentrations at LBS

• Accounting
• Economics
• Finance
• Management Science and Operations
• Marketing
• Organisational Behavior
• Strategy and Entrepreneurship

Degree Offerings at LBS

Full-time MBA Program
Exit points at 15, 18 and 21 months
http://www.london.edu/programmes/mba.html

Executive MBA Programs
London and Dubai
http://www.london.edu/programmes/executivemba.html
EMBA-Global Americas and Europe between LBS and Columbia Business School
http://www.emba-global.com/#.WrF5RGrwaHt
EMBA-Global Asia between LBS, Columbia Business School and the University of Hong Kong
http://www.emba-global.com/#.WrF5RGrwaHt

Campus Life

Clubs, Conferences & Competitions

Students at LBS are provided with many opportunities to get involved in activities outside of the classroom. The school boasts over 70 student-run clubs that are based on a wide variety of professional, regional, athletic and social interests. For example, students who plan to enter the asset management industry after earning their MBA can join the Investment Management Club and participate in club events such as company visits, a guest speaker series and a stock pitch competition. The club also holds workshops on topics ranging from interviews to alternative investment strategies. Meanwhile, on the non-professional side, the Cycling Club holds weekly bike rides at Regent’s Park that are open to all skill levels, as well as mountain biking and road biking trips to destinations throughout England.

Student clubs at LBS also organize several conferences on campus each year. These include the Energy Club’s annual Global Energy Summit, the Women in Business Club’s annual Women in Business Conference, and the annual India Business Forum, among many others. In addition, LBS students compete in a number of case and business plan competitions each year. Some, like the London Entrepreneurs’ Challenge, are sponsored by LBS students, while others, such as the CFA Global Investment Research Challenge, provide students with the opportunity to compete internationally.

Campus Space

London Business School’s campus is located in the center of London and faces the Boating Lake at Regent’s Park. The school comprises three main buildings: the Ratcliffe Building, the Plowden Building and the Taunton Centre. Combined, the Ratcliffe Building and the Plowden Building hold a total of 18 lecture theaters, 176 seminar rooms and a variety of other instructional facilities. Meanwhile, the Taunton Centre is home to the school’s Fitness Centre. The campus also offers four different places to eat, ranging from grab-and-go cafés to more formal restaurants. 

LBS does not provide housing to its students, so most full-time MBA students find private housing near campus in the form of shared apartments and houses. For guidance on how to find accommodations, students can refer to the University of London’s Housing Services office.

MBA Careers

Career Services

The Career Services team at LBS is comprised of career coaches and sector specialists who help students determine their post-MBA paths and connect with potential employers in their desired fields.  Career Services provides students with online career development resources, one-on-one career counseling, and workshops on topics such as résumés, interviews and networking, among others.  The team also organizes a variety of events throughout the year to help students network with recruiters.  These include a career fair, treks to Silicon Valley, Singapore, Shanghai, and Hong Kong, and on-campus presentations and receptions.  On-campus interviews for second-year students seeking full-time positions begin in mid-October, and those for first-year students seeking summer internships begin in late January.

Career Statistics

Within three months of graduating from LBS, 94% of the Class of 2018 had accepted job offers. The average base salary of these graduates was £79,885 with an average signing bonus of £37,584. Thirty-seven percent of the class went into the consulting sector, while 23% chose positions in finance, and 23% into technology. The remaining 17% of graduates entered corporate sectors such as media and telecommunications, consumer products, energy, and health care. 

The companies that hired the most 2018 graduates were McKinsey & Company, The Boston Consulting Group and Bain & Company. Amazon, Strategy&, and Accenture also hired large numbers of graduates. In total, the Class of 2018 found employment in more than 35 countries worldwide. Fifty-three percent of the class remained in the United Kingdom, while 14% chose jobs in Europe outside of the UK. A further 11% went to work in Asia, 7% in the USA and Canada, and 7% in Latin America.

Financing

For the MBA program beginning in August 2019, fees including tuition and reading materials come to a total of £82,000. Students who are admitted to the MBA program within the first three application deadlines have access to a variety of merit- and need-based scholarships provided by LBS and associated sponsors. Accepted applicants are automatically considered for some of these awards, while others require an additional application. These awards range from partial to full tuition. Students seeking further financial assistance can also apply for government and private loans. LBS sends additional information on applying for financial aid along with their offers of admission.

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