London Business School is the only school offering three flexible learning schedules to complete the Full-time MBA program: 15, 18, and 21 months with the course cost remaining the same for all three.
In the first part of the LBS MBA analysis, we cover the Full-time MBA Class profile and the total fees.
LBS over the past five years have shown an increase in hiring rate in Finance and Technology. The trend is a deciding factor for the 91% international students to consider LBS as a viable alternative to top US MBA programs.
LBS Full-Time MBA Class Profile
The MBA 2024 class profile showed a lower intake of 509 students compared to the previous year’s 534. The percentage of women stood at 37%, much lower than the American standard of 40-45%. Students from 74 nationalities were represented in the 91% international class. LBS continues to maintain an average 5-year average experience.
| Class Profile | LBS Full-Time MBA 2024 |
|---|---|
| Number of Students | 509 |
| Average Experience | 5 years |
| Range Of Experience | 2-14 years |
| Women | 37% |
| Nationalities | 74 |
| International Students | 91% |
Pre-MBA Industry: Most of the incoming class had pre-MBA experience in Consulting (30%), followed by Finance (25%). London's strength in Fashion was evident with the 9% entry from the industry while Energy/Power, IT and Manufacturing each had 5-6% representation.
| LBS MBA | Pre-MBA Industry |
|---|---|
| Consulting | 30% |
| Finance/Accounting | 25% |
| FMCG/Retail/Luxury | 9% |
| Manufacturing/Engineering/Construction | 6% |
| IT | 5% |
| Energy/Power | 5% |
LBS MBA – Geographic Spread
The international class of LBS MBA is even at 15% - a percentage, spread evenly between North America, Europe, South Asia and South East Asia. Central America with 17%, took the top spot while UK candidates represented only 9% of the class. The middle east (7%), Africa (3%) and Oceania (4%) completed the LBS MBA class.
LBS Full-Time MBA Fee
The tuition fees for the MBA class of 2023 are £109,700, with a hike of 12%. The tuition charge covers the entire 15–21-month program. They are not affected by the student’s chosen exit point.
Any program-related travel expenditures are not included in the fees. Different Global experiences have variable travel and lodging charges depending on the destination.
A One-Time Student Association Fee of £300 also mandatory along with the tuition fee.
Apart from the college fee, students must bear their living costs, including Housing, Transportation, Food, Clothing and Leisure, Telephone, and Mobile. Calculating the entire program duration cost along with the Tuition fee ($1,63,398), and the Student Association fee ($381.89) the total fee sums up to $1,63,780.
| LBS MBA | Cost (Annual) |
|---|---|
| Tuition | $139494 |
| Transportation | $1017 |
| Food | $3814 |
| Accommodation | $16,530 |
| Utility | $2543 |
| Total | $1,63,398 (entire program) |
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Related Book: F1GMAT’s LBS MBA Essay Guide
Reference
LBS MBA Analysis