London Business School: Application, Deadlines, Tuition & Ranking
London Business School, which sits at the top with other prestigious business schools, is an international students’ favorite. Around 93 percent of enrolment is from abroad. The school offers full-time MBA programs that can be completed in 15-21 months. LBS is known to provide customizable MBA with courses tailored to your career needs and more than 80 electives.
London Business School Admissions Process & Decision Dates
London Business School admissions decision is made after an application is reviewed, and an interview has been conducted. Among the several factors that contribute to the admission decision is your academic standing. You must have good grades on your transcripts and a GMAT of between 600-800 (the average accepted score is 701).
The institution also checks for working history. While LBS requires two years, the average experience of enrolled students is 5 ½ years. If you have 2- or 3-years’ experience, an outstanding academic record and leadership proof are considered.
The admission decision may be an offer, rejection, or waitlist and is communicated via email. If you are placed on the waitlist, it means that you may improve your candidacy for consideration later. Admission decisions are sent in December, March, May, and June for the four application rounds.
London Business School Acceptance Rate and Enrolment
The London Business School acceptance rate stands at around 20%. Of all the applicants for the 2022 LBS class, 532 got an offer. Therefore, the school is quite competitive.
London Business School Rankings on the World Map
The London Business School rankings globally as of 2020 place it is among the top three. It comes 3rd behind Harvard and INSEAD and 2nd in Europe. The school’s also ranks second Finance and Management specializations. LBS is ranked 1st place by Forbes in the best international MBA institutions.
London Business School Application Rounds: Procedure and Requirements
The London Business School application occurs every year in September, January, March, and April. To be eligible, you should have an undergraduate degree and at least 24 months of job experience. If you have these, you can fill out an online application, which can be done in different sessions. You will also need other criteria, including:
Proof of English language competency (TOEFL, IELTS, CAE, etc.)
Scores for GRE/GMAT
Two essays (LBS provides the questions)
A single page curriculum vitae
Once you are done with the online application and have attached the above requirements, you will be required to pay a £200 fee. If your application is successful, you’ll be invited for an interview administered by an admission officer or alumnus.
LBS Tuition & Financing Options
The London Business School cost for tuition is £87,900 and covers the entire duration of the course. This amount also covers flight and accommodation costs. You’ll pay an additional £260 in SA fees. As for financial assistance, there are various university and external scholarships for students.
LBS stands out as the best school for MBA international students. While it’s highly ranked, it has a much more lenient acceptance rate and requirements than other top institutions. The MBA program offered is flexible and accommodating to professionals in different business specializations.
London Business School
#2 Best Business School
London Business School is a world-class global business school that combines academic excellence, London spirit, and a global mindset. They bring together outstanding faculty and students, recognized around the world for their expertise and impact. The faculty participates in policy discussions and engage with a wide diversity of business leaders, from the heads of global corporations to entrepreneurs in Africa. Research is the nerve center of the School’s world-class academic excellence. School’s academics work at the forefront of global business research and teaching. Business leaders, governments, professionals, and the media look to the School for the latest insights and theory. They’re an institution that welcomes people from all backgrounds, countries, cultures, identities, and orientations. Interacting with its neighbors at the core of the School.
London, United Kingdom and Dubai, United Arab Emirates
The Application Dates for London Business School
Application deadlines for the MBA program are :
Friday 11 September 2020
Tuesday 05 January 2021
Thursday 04 March 2021
Thursday 04 March 2021
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How to Apply
All Steps of the Application Process
You must submit the transcripts from each university you have attended.
You must have a valid GMAT score before submitting an application. LBS also accepts GRE scores. Please submit your official test taker copy of your score with your application.
If your native language is English or you have been living in English-speaking country for more than two years, you are not required to submit the English proficiency rests.
Essays are a vital part of your application and we recommend that you spend a significant amount of time in their preparation. The questions for the MBA program are:
1. What are your post-MBA goals and how will your prior experience and the London Business School programme contribute towards these? (500 words)
2. Is there any other information you believe the Admissions Committee should know about you and your application to London Business School? (Optional) (500 words)
You are supposed to upload two recommendation letters. The first one should be from your current employer (a colleague is also acceptable). The second recommendation should be from someone else who knows you well in the working context.
You are supposed to upload a one-page CV. Please give reasons for significant gaps in employment history on the separate sheet.
The application fee is £200. This fee must be paid by credit card with your form, your application will remain incomplete until LBS receives the correct fee.
After you will have submitted your application form, you may be invited for the interview. Interviews are conducted by alumni or senior admissions staff of the MBA programme and your interview will take place in the region in which you are based. Based on interviewer availability, you may be asked to travel in order to complete your interview.
After the interview you may receive the feedback with the admission committee decision : offer, reject or waitlist.
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What International Applicants to School of Business Must Have
The admissions criteria applied in evaluating international applicants are the same as those for U.S. citizens. All application materials, including transcripts and recommendations, must be submitted online and in English.
All the applicants must fulfil the following requirements :
- an undergraduate degree or equivalent qualification;
- a minimum of two years’ work experience (students without work experience should consider LBS Masters in Management program);
- the ability to work in the international teams and to demonstrate an international outlook.
You must submit the transcripts from each university you have attended. The transcripts must be with the certificated translation into English.
If English is not your native language, or if you have not been studying fully in English or living in an English-speaking country for at least two years, please submit your IELTS, TOEFL, Cambridge CPE, CAE or PTE Academic score. Other tests will not be accepted.
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