It is hard to imagine that until the mid 1980s, middle management from the Commonwealth had a free ride for their business education at LBS. It seems it was mostly French and U.S. students who bore the total cost. But just as London has become one of the world’s great cities, so London Business School has transformed into one of the world’s best business schools. And tuition for the 2-year LBS MBA program – an exception in the European market – has been transformed too!
A top-flight center of teaching and research, the LBS MBA program often ranks #1 in Europe. Traditionally seen as the international alternative to the finance-focused business schools of the US, LBS has enjoyed shaking off its reputation as a ‘finance school’ and secures great placement statistics across the board. Blue-chip firms fight to recruit 475+ graduates every year, for placement in positions not only in the UK and Europe, but also in the Middle East, The Americas, Africa, and Asia. After consulting, tech is now the second most popular sector for LBS grads, with Amazon hot on the heels of strong MBB hiring numbers; last year, 44% of first year MBAs chose to complete an internship in this field.
With the culture and economy of London at the heart of the vibrant ‘Minds Alive’ LBS MBA experience, the diverse student body reflects the school’s cosmopolitan capital city home. The LBS MBA class profile boasts over 60 nationalities and the school is justifiably proud of its reputation for global excellence.
Strengths And Specializations
Finance, Strategy, Entrepreneurship, Global Business Experience, Real Estate, Media, Marketing, Energy Career placement and deep roots in international financial markets
Number of Applicants: 2,879
MBA Class Size: 532
Sector: Consulting 40%; Finance 21%; Technology 28%; Diversified 11%: Starting Own Business 6%
Top Recruiters: BCG, McKinsey, Bain and Co., Strategy&, A.T Kearney, Amazon, Accenture, Deloitte
Avg salary: $106,220 Salary Increase 3yrs post-grad: 105%
Employment in 3 months: 91%
Avg. Age: 29
Avg. GMAT: 700
Int’l Students: 89%
Female Students: 36%
Deadlines for Class of 2023: R1: Sep 11, 2020, R2: Jan 05, 2021, R3: Mar 04, 2021, R4: Apr 27, 2021
Sources: LBS, BusinessWeek, Financial Times, MBA50
1. What are your post-MBA plans and how will your prior experience and the London Business School programme contribute towards these? (500 words)
2. (Optional) Is there any other information you believe the Admissions Committee should know about you and your application to London Business School? (500 words)
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