Skip to main content

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

Related Download

Related Service

Reference 

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)

LBS MBA Essay Guide

 

Question 1 (500 words): What are your post-MBA goals and how will your prior experience and the London Business School program contribute towards these?

Question 2. (200 words): What makes you unique?

Question 3 (500 words): (This question is optional) Is there any other information you believe the Admissions Committee should know about you and your application to London Business School?

Download F1GMAT's LBS MBA Essay Guide

About the Author 

Atul Jose

I am Atul Jose, Founding Consultant of F1GMAT, an MBA admissions consultancy that has worked with applicants since 2009.

 

For the past 15 years I have edited the application files of admits to the M7 programs: Harvard Business School, Stanford Graduate School of Business, the Wharton School, MIT Sloan, Chicago Booth, Kellogg School of Management, and Columbia Business School, together with admits to Berkeley Haas, Yale School of Management, NYU Stern, Michigan Ross, Duke Fuqua, Darden, Tuck, IMD, London Business School, INSEAD, SDA Bocconi, IESE Business School, HEC Paris, McCombs, and Tepper, plus other programs inside the global top 30.

 

My work covers the full MBA application deliverable: career planning and profile evaluation, application essay editing, recommendation letter editing, mock interviews and interview preparation, scholarship and fellowship essay editing, and cover letter editing for funding applications. Full bio with credentials and admit history is here.

 

I am the author of the Winning MBA Essay Guide, the best-selling essay guide covering M7 MBA programs. I have written and updated the guide annually since 2013, which makes the 2026 edition the thirteenth.

 

The reason I still write and edit essays every cycle: a good MBA essay carries a real applicant's voice. Writing essays for F1GMAT's Books and Editing essays weekly is how I stay calibrated to what current admissions committees respond to.

 

Contact me for school selection, career planning, essay strategy, narrative development, essay editing, interview preparation, scholarship essay editing, or guidance documents for recommendation letters.