Overview
The London Business School MBA is one of the world’s most prestigious management programs, known for its global exposure, rigorous academics, and flexible curriculum. The program attracts ambitious professionals from over 60 nationalities who aim to accelerate their careers in consulting, finance, entrepreneurship, and technology.
Located in the heart of London , a major financial hub - LBS provides unparalleled access to global recruiters and a vibrant international community. However, studying at one of the world’s top-ranked institutions also involves a significant financial commitment.
This guide provides a detailed breakdown of the LBS MBA fees, living costs, and available scholarships for the 2025–26 intake.
Tuition Fees for LBS MBA 2025–26
For the August 2025 intake, the tuition fee for the full-time MBA program at LBS is £115,000. This covers the entire 15–21 month duration of the program.
What the Fees Include
Full access to academic courses, electives, and materials.
Career Centre services including one-to-one coaching and networking events.
London Business School’s global alumni network and lifelong learning resources.
Exchange opportunities with partner schools like Wharton, INSEAD, and Kellogg.
Tuition fees are payable in four instalments over the duration of the program. A non-refundable commitment fee of £3,000 is required to secure your place after receiving the offer, followed by a reservation fee of £6,000 before the start of the program.
Estimated Cost of Living in London
Living in London can be expensive, and students should plan their budgets accordingly. Below is an estimated monthly and total annual expense breakdown for international students.
Expense Category | Monthly (Approx.) | Annual Estimate |
Accommodation | £1,200 – £1,800 | £15,000 – £21,600 |
Food & Groceries | £350 – £500 | £4,200 – £6,000 |
Transportation | £150 – £250 | £1,800 – £3,000 |
Personal & Leisure | £200 – £300 | £2,400 – £3,600 |
Books & Supplies | £100 | £1,200 |
Total | — | £25,000 – £35,000 per year |
Students should budget around £150,000 in total (tuition + living costs) for the complete MBA experience.
Scholarships & Financial Aid
London Business School offers a variety of merit-based and need-based scholarships to support deserving candidates. These are awarded based on academic excellence, leadership potential, professional achievements, and contribution to diversity.
Top LBS MBA Scholarships
LBS Merit Scholarships – Awarded to exceptional candidates demonstrating outstanding leadership and academic merit.
Women’s Merit Scholarship – Promotes gender diversity and supports high-potential female candidates.
SARI Foundation Trust Scholarship – For candidates from emerging markets with a strong commitment to social impact.
Laidlaw Women’s Leadership Fund – Supports women who show leadership and innovation potential.
Prodigy Finance & LBS Loan Schemes – Provide global loans without collateral for international students.
You can explore all available scholarships on the LBS Funding & Scholarships page.
Financing Options
LBS collaborates with multiple international lenders to make financing more accessible:
Prodigy Finance – Offers loans based on future earning potential rather than collateral.
Lendwise & Future Finance – Provide loans tailored for UK-based study.
Company Sponsorships – Some employers sponsor partial or full tuition for employees pursuing the MBA.
Students are also encouraged to apply for external scholarships from organizations like Chevening, Fulbright, and Common Purpose.
Return on Investment (ROI)
Graduates from the LBS MBA program report a significant boost in earning potential. According to the latest employment report:
Average post-MBA salary: £116,000
Top sectors: Consulting (37%), Finance (26%), and Technology (21%)
Geographical spread: Over 90% of graduates secure international roles after graduation
Given its reputation and global reach, LBS offers one of the strongest ROIs among top European MBAs.
Conclusion
The LBS MBA represents a major investment both financially and personally but one that delivers lifelong dividends through its global network, leadership training, and career advancement opportunities. With multiple scholarship options and strong employer connections, LBS ensures that talented candidates can access the program regardless of financial background.
For more details on application and financing, visit the official LBS MBA Fees & Funding page.
