London Business School
| Average GMAT Score | 700 | GMAT Range | 600-800 |
| Total Applicants | 2740 | Acceptance Rate | 25% |
| Class Size | 487 | Average Work Experience | 65 Months |
| Applicant Deadlines | R1: 8 Sept 2023 | Decision Dates | R1: 30 Nov 2023 |
| Length of Program | 21 Months | Nationality | 63 Countries |
| Placement rate by Industry | Consulting 29 % Finance/Accounting 21 % FMCG/Retail/Luxury Goods/E-commerce 8 % | Placement Information | Amazon, Google, McKinsey, Goldman, Sachs |
LBS Application Essays for 2025 Admit:
Essays are a vital part of your application and we recommend that you spend a significant amount of
time in their preparation. The questions for our MBA programmes are:
Essay1: What are your post-MBA goals and how will your prior experience and the London Business
School programme contribute towards these? (500 words)
Essay 2: Is there any other information you believe the Admissions Committee should know about you
and your application to London Business School? (Optional) (500 words)
Located in London, United Kingdom, London Business School was founded in 1964. The school offers many management courses like MBA, MIM (Master’s in Management), and Executive MBA.
MBA Eligibility Criteria for LBS:
If you are a candidate applying for an MBA course in the London Business School, you need to meet the requirements of the school. We have put together brief information about the requirements for applying for an LBA MBA course:
A graduation degree is not mandatory:
- LBS welcomes candidates with a graduation degree from all disciplines like science, arts, philosophy, humanities, etc.
- However, where most globally ranked business schools make it compulsory for the applicants to have graduation as a minimum qualification, as per their official website, LBS also considers non-graduates with incredible career records for an MBA admission
GMAT/GRE Test:
- You should submit a GMAT score that is valid on the date of submission of your application
- The 2024 MBA class’ average GMAT score was 700
- The range of GMAT score of the class 2024 was 600 to 800
- The LBS admissions committee considers all the components of your GMAT score to make a decision. You must note that your GMAT score is only one of the aspects the admissions committee is going to weigh in on while evaluating you
- Though a high score may improve your chances, it does not guarantee you a seat in the MBA class, and if the rest of your profile is outstanding, you can also get admission with a below-average score. Generally, the minimum acceptable score at LBS is 600
- If you want to improve your score to enhance your chances of admission, you can retake the test even after submitting your application
Proof of English language ability:
Taking an English language ability test is mandatory for:
- Candidates whose native language is not English
- Applications who did not fully study with English as their language of instruction
- Candidates who have not been living in an English-speaking country for at least two years
LBS accepts English language tests like TOEFL, IELTS, Cambridge CPE, CAE, or PTE Academic scores. The business school does not accept any other tests.
The TOEFL institution code of London Business School is 0898
Online Application:
LBS online application form is divided into various sessions. Hence, it allows you to save your application at different stages as and when you finish one phase. You can submit the application after completing the application.
Application Fees:
There is a £200 online application fee, and it needs to be paid via your credit card along with the application form. Please note that until the school gets your correct application fees, your application will be deemed incomplete.
One-page CV:
As a part of your online MBA application, you need to upload a one-page CV. However, the London Business School needs you to explain any significant gaps in your professional track record on a separate page.
Copies of University Transcripts:
Once you have been made the admission offer, you also need to submit the university transcript of every university you have attended. The transcripts also need to be certified translated into English.
Reference:
Apart from the GMAT score and essays, you also need to upload a reference to validate your professional or educational achievements and experience. You can get a reference from:
- Your present employer. However, if you cannot or don’t want to ask your current employer for a reference, you also ask a colleague to be your referee
- Anyone else who is familiar with you in your professional world. For instance, a long-standing client or a former employer you worked with.
Once you put in your reference details in the application form online, the Admissions Committee will send you an email, which includes log-in credentials for the LBS online reference system. The school, at their discretion, will contact the referee you have submitted to learn further details about you.
Ranking:
Financial Times European Business School Rankings 2024:
- Let’s learn a few more details about the career progression and student composition At LBS MBA program:
| Career progression Statistics | |
| Percentage people achieved their MBA goals | 90 |
| Career progress rank | 40 |
| Careers service rank | No.1 in UK |
| Employed at three months (%) | 91 |
| Salary increase (%) | 108 |
| Salary today (Per Annum) | $ 192,331 |
| Weighted salary (Per Annum) | $ 192,331 |
Industries in which the students are employed:
| Industry | Percentage of Class Employed |
| Consulting | 30% |
| Financial Services | 25% |
| Information Technology | 12% |
| Consumer Products | 3% |
| Healthcare/Pharmacy/Biotechnology | 4% |
| Marketing/ Media | 3% |
| Manufacturing | 5% |
| Energy/Utilities | 5% |
| FMCG/Retail | 2% |
| Non-Profit/Other | 10% |
| Real Estate | 1% |
The other job functions here include Economic Analysis/Research, Engineering/Technical, and Legal.
Top Recruiters of LBS MBA graduates:
Following is the list of the top recruiters of MBA graduates from SMU:
- Boston Consulting
- Bain and Company
- PIMCO
- Samsung Global
- Citi Bank
- Credit Suisse
- Deloitte
- EY
- Evercore
- Wipro
- Vital Group
- J.P. Morgan
- McKinsey & Company
- EBRD
- Mastercard
Accommodation:
The campus doesn’t provide accommodation for full-time students. However, there are on-campus rooms for executive education and visiting faculty. Most students live in the students halls of residence or the private residential buildings close to the campus like the International Students House in London.
Exchange Programme:
The LBS MBA program has one of the largest international exchange opportunities in the world. Approximately 35% of students in the second-year MBA spend one term in LBS partner schools abroad. The following are a few high-profile partner schools of LBS:
- NYU Stern School of Business
- IESE Business School
- Booth School of Business of The University of Chicago
- MIT Sloan School of Management
- Tuck School of Business at Dartmouth College
- Columbia Business School
- Kellogg School of Management
- UCLA Anderson School of Management
- The Wharton School of the University of Pennsylvania
- Haas School of Business at UC Berkeley
- Indian School of Business