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LBS MBA Salary 2023: By International Region – Contrarian Trends

In the second part of the three-part series of London Business School MBA Salary analysis, we evaluate placements and salary trends by International regions.

The United Kingdom is the most popular destination, attracting 55% of LBS MBA graduates. 

With a mean salary of $139,332 and additional compensation averaging $64,105, the more than half of the offers were distributed among Financial Services sectors (PE, VC, IB) in London, as well as Technology (FinTech) and Consulting industries, thriving from serving the government – the biggest employer for Consulting (Management Consulting) industry.

Europe (excluding the UK) captures 8% of graduates, offering a mean salary of $121,023 and additional compensation of $47,988, presumably in the Consumer and Retail industries. 

While not as dominant as London, European cities - Frankfurt, Paris, and Zurich remain attractive hubs for Finance placements.

Asia – Placements and Mean Salary for LBS MBA

Asia emerges as another key destination, drawing 12% of graduates with an enticing third-highest mean salary of $200,862 and highest additional compensation averaging $160,159. 

LBS offers one of the highest salaries in Asian regions for post-MBA graduates. The rapid economic growth in cities like Singapore, Hong Kong, and Shanghai has fueled demand for MBA talent across various sectors, including Finance, Technology, and emerging industries.

Africa and the Middle East – Placements and Mean Salary for LBS MBA

Africa/Middle East captures 7% of graduates, offering an impressive highest mean salary of $233,890 and additional compensation averaging $143,398. Cities such as Dubai and Abu Dhabi serve as regional business hubs, attracting MBA graduates with opportunities in Energy and Infrastructure.

North America – Placement Trends and Salary for LBS MBA

North America, comprising primarily the United States, attracts 10% of graduates, offering a mean salary of $166,757 and additional compensation averaging $62,565. The mean vs. median gap makes it a challenge to compare the median base salary with the total mean salary, but an LBS MBA would fall somewhere between 10-15 ranked US school for a similar compensation.

Latin America – Placement Trends and Salary for LBS MBA

Latin America, including the Caribbean, captures 7% of graduates, offering a mean salary of $208,722 and additional compensation averaging $129,000. Emerging markets in cities like Sao Paulo, Mexico City, and Buenos Aires present unique opportunities in Finance, Consulting, and Entrepreneurship. 

Job LocationPercent HiredMean Salary (In International Dollars)Other Compensation (In International Dollars)
United Kingdom55%$139,332$64,105
Europe (excl UK)8%$121,023$47,988
Asia12%$200,862$160,159
Africa/Middle East7%$233,890$143,398
North America10%$166,757$62,565
Latin America (incl. Caribbean)7%$208,722$129,000
Oceania1%$127,983$78,348

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3-Part Series: LBS MBA Salary 2023 (You are reading the 2nd Part of the LBS MBA Salary and Placements - By International Regions for 2023)

  1. 1st  Part: LBS MBA Salary – By Industry (2023)
  2. 3rd Part: LBS MBA Salary - Top Employers (2023)