London Business School (LBS) is a renowned institution at the forefront of global business education. Established in 1964, LBS has consistently maintained its position as one of the world’s leading business schools.
Its commitment to excellence, innovative approach to education, and prime location in the heart of London make it a top choice for students and professionals seeking to advance their careers in the business world. In this blog, we’ll explore the main points that make London Business School a hub of excellence in business education.
Table of Contents
School and Program Overview
What are LBS class size and demographics?
What is LBS tuition?
How can you finance LBS?
How long does it take to finish an MBA at LBS?
Pave your path to LBS with 700+Club
LBS School and Program Overview
London, United Kingdom
London’s status as a global business hub makes it an ideal location for a business school. LBS takes full advantage of its location, forging strong connections with top companies, financial institutions, and organizations headquartered in the city.
This proximity provides students with numerous networking opportunities, access to internships, and exposure to real-world business challenges. Furthermore, the school’s location in London, a city known for its rich history, cultural diversity, and vibrant business ecosystem, offers a unique backdrop for students to thrive academically and socially.
As a constituent college of the University of London, LBS is affiliated with several other excellent educational institutions, including Imperial College and the London School of Economics, among many others.
While living in London can break the bank, rental costs vary widely. Depending on size and location, off-campus housing might cost anywhere from $900 to $2500 monthly. Through the University of London, LBS also offers a housing search portal.
If you’re considering attending LBS, consider whether or not an urban environment will best suit your needs and interests.
Keep in mind that LBS has a branch in Dubai as well.
What are LBS class size and demographics?
About 504 students were accepted into LBS’s Class of 2024 out of an estimated 3,000 applicants.
The LBS Class of 2024 has 37% female representation and 91% international students from 74 countries.
Applicants to LBS typically need at least five years of professional experience. Although many other fields are represented among the students, the most common ones are consulting (30%) and finance (25%).
The Class of 2024 had a median GMAT score of 708 (ranging from 590 to 790) and a median GRE score of 164 on Quant and 158 on Verbal.
What is LBS tuition?
As of this writing, the total cost of attendance for the whole 15–21 month program is £109,700 (about US$134,000. Expenses like tuition (about $350.00), transportation, and food are not included.
Please be aware that LBS offers a wide variety of merit-based scholarships.
How can you finance LBS?
Scholarships based on academic achievement are available to international students at LBS. Some of these scholarships have a streamlined application process, while others require a more involved process.
We suggest Mpower Financing, Juno, or Discover to overseas students looking for a loan.
How long does it take to finish an MBA at LBS?
The time it takes to earn an MBA from London Business School ranges from 15 to 21 months, with the average student opting for the longer time frame. Please be aware that the time it takes to complete other degree programs varies.
LBS Ranking
LBS ranks first or second in almost every major ranking system. Forbes ranks LBS as the best MBA program in the world, and the Financial Times puts it eighth worldwide.
World-Class Faculty
One of the cornerstones of any great educational institution is its faculty. London Business School boasts diverse, distinguished professors and experts in various business fields. The faculty members are renowned for their groundbreaking research and real-world business experience. They bring knowledge and expertise to the classroom, providing students with valuable insights and the latest industry trends. The interaction with such esteemed faculty members is a unique advantage for LBS students, as they can learn from the best in their respective fields.
Global Perspective
LBS is truly international in its outlook. The school’s diverse student body represents over 100 nationalities, creating a rich and multicultural learning environment. This global perspective is not limited to the student body but extends to the curriculum. LBS offers many programs, including the prestigious MBA, Executive MBA, Master’s in Finance, and more. These programs incorporate a global perspective, ensuring that students are well-prepared to navigate the complexities of the international business landscape.
Entrepreneurship and Innovation
The London Business School has a strong emphasis on entrepreneurship and innovation. The school’s Entrepreneurship Institute supports students and alums in launching businesses or advancing their careers in entrepreneurial ventures. LBS also hosts events, workshops, and competitions encouraging innovation and entrepreneurship. With access to a vast network of investors, mentors, and fellow entrepreneurs, LBS students have the resources and support to turn their innovative ideas into successful businesses.
Career Services and Placement
LBS is dedicated to helping its students achieve their career goals. The school’s Career Centre provides various services, including career coaching, interview preparation, and access to a vast network of employers. Top companies worldwide seek out LBS graduates, and the school consistently ranks among the best for career placement. Whether students seek positions in finance, consulting, technology, or other fields, LBS equips them with the skills and connections to excel in their chosen careers.
Diverse Programs
London Business School offers a diverse portfolio of programs to cater to the needs and aspirations of different students. The full-time MBA program is one of the most prestigious in the world, attracting students from diverse backgrounds and industries. Additionally, the school offers specialized Master’s programs, such as the Master’s in Finance, Master’s in Management, and Executive MBA programs, designed for working professionals. This variety ensures that LBS can meet the educational requirements of a broad range of students, from recent graduates to seasoned executives.
Research and Thought Leadership
LBS is a hub of research and thought leadership in various business disciplines. The school’s research centers and institutes focus on finance, entrepreneurship, leadership, and more. Faculty members are actively engaged in cutting-edge research, which contributes to academic knowledge and informs business practices. LBS’s commitment to research ensures that students are exposed to the latest theories and insights in their chosen fields.
Global Alumni Network
The LBS alumni network is a powerful resource for graduates. With over 50,000 alumni spread across 150 countries, the network provides extensive opportunities for networking and collaboration. Alumni often return to the school to share their experiences and insights, further enriching the learning experience for current students. This global network also opens doors to various career opportunities and partnerships.
Social Responsibility and Sustainability
In today’s business landscape, social responsibility and sustainability are paramount. LBS recognizes this and integrates these themes into its curriculum and research. The school encourages students to think ethically and consider their business decisions’ environmental and social impacts. LBS also hosts events and initiatives focused on sustainability, fostering a sense of responsibility among its students and alums.
Inclusivity and Diversity
LBS is committed to fostering an inclusive and diverse community. The school actively promotes diversity in its student body, faculty, and staff, recognizing the value of different perspectives and backgrounds. This commitment to inclusivity ensures that all students feel welcome and supported throughout their academic journey at LBS.
Pave your path to LBS with 700+Club
London Business School stands as a beacon of excellence in business education. Its commitment to academic rigor, global perspective, and practical relevance have made it a top choice for aspiring business leaders and entrepreneurs. With its world-class faculty, diverse student body, and prime location in London, LBS offers a unique and enriching educational experience that equips graduates with the skills, knowledge, and network they need to excel in their careers and impact the business world.
Whether you’re a prospective student or someone interested in business education, London Business School is undoubtedly a hub of excellence worth exploring. Additionally, for those seeking personalized guidance and support in their journey to gain admission to this prestigious institution, services like the 700+Club admissions consulting can provide invaluable assistance in navigating the competitive admissions process at LBS.
