London Business School MBA Program Overview
Based in one of the most globally minded, most culturally integrated cities in the world (if not the most) and arguably Europe’s business capital, London Business School is steeped in international flavor and connections. The school attracts students from all over the world in a true international, global business laboratory.
In addition to its own rich microcosm, LBS enjoys the vibration and connection of London, with its 46,000 tech companies and more than 500 banks, many international. A mecca of start-ups, the city is a great place to start a career or launch a start-up. Among the regular conferences and events are London Technology Week with the AI Summit and the Blockchain for Business Summit.
Of course, London is also home to the European headquarters of major American companies (Facebook, Google and Microsoft) and global financial institutions, is a true capital of consulting firms, and offers access to every industry one can think of.
The average salary and bonus for the London Business School full-time class of 2021 was $163,760, and 93% of students received job offers within three months of graduation.
What Sets London Business School Apart
- Top-Ranking: LBS was ranked this year among the top three international business schools (together with INSEAD and the Bocconi School in Milan) by Poets & Quants. Their ranking is a composite of other rankings (in which LBS also normally shines). In addition to its academic excellence, LBS is routinely highlighted for its singularly cosmopolitan and international flavor, which colors every aspect of the experience there. As other top international MBA programs, it is also cited for its lower cost and greater global scope than US MBA programs.
- Flexible and Forward-Focused Curriculum: This 15-21-month MBA program distinguishes itself with a flexible curriculum of more than 80 elective courses that you can build around your goals. Among the most flexible points is the ability to complete the program in 15, 18 or 21 months depending on your station in your career. The curriculum at LBS is forward-looking and focused on innovation: making better the world of the future. Electives are in Accounting, Economics, Finance, Management Science and Operations, Marketing, Organisational Behaviour, Strategy and Entrepreneurship. Under Organizational Behaviour are courses titled Wisdom and Happiness, Paths to Power, and The Future of Work.
- Strong Research Opportunities: Of course, LBS prides itself in its research and the supporting institutes and centers behind it: The AQR Asset Management Institute, the Institute of Entrepreneurship and Private Capital, the Leadership Institute, and the Wheeler Institute for Business and Development.
- International Focus: True to its international core, LBS offers Global Business experiences in a half-dozen cities around the world and global trek programs. LBS’s alumni organization encompasses 47,000 individuals from 156 countries and countless industries located all over the globe.
- Inclusivity and Diversity: LBS takes inclusiveness and diversity seriously: The school evaluates itself rigorously on gender and racial gap issues involving faculty and students. LGTBQ+ inclusion and conversations regarding women’s health and wellbeing are prominent on the school’s agenda. In addition, LBS champions programs to improve diversity in admissions and opportunity: for example, cultivating applicants from Africa and increasing opportunity for first-generation and low-income college students.
- Extracurriculars: LBS has more than 75 clubs and groups offering hundreds of professional conferences, networking events, and social opportunities.
London Business School 2021 Class Profile
The London Business School class of 2021 is made up of 497 students and had about a 25% acceptance rate. Of these students, 38% identify as women and 66% identify as minorities (other than “white”). The class profile also reports that the student body is 90% international and represents 67 nationalities collectively.
The average work experience for the LBS class of 2021 was 5.7 years and 94% of students fell between 25 and 34 years old.
According to the 2021 London Business School MBA Employment Report, the breakdown of the professional background of entering students was: 29% consulting, 27% finance/accounting, 9% information tech/communications, 6% FMCG/luxury goods, 4% public sector, 4% energy, 3% healthcare.
While there is no minimum GMAT score required to apply to London Business School, the full-time MBA program notes that the minimum score they will accept is typically around 600. Below is the most recently reported average score.
London Business School also accepts the GRE but did not share an average score.
2021-2022 London Business School Application Deadlines and Timeline
- Application Deadline: September 10, 2021
- Decision: December 2, 2021
- Application Deadline: January 6, 2022
- Decision: April 7, 2022
- Application Deadline: March 25, 2022
- Decision: June 10, 2022
London Business School Client Testimonials
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Personal MBA Coach’s Tips For Getting Into London Business School
If you think London Business School may be a good fit for you and are ready to apply, take a look at Personal MBA Coach’s London Business School Essay Tips: 2021-2022.