What is the total cost of studying MIM at LBS Business school?

Question

P Sinha · Accepted Answer

The tuition fee for the 2025 intake is &pound;49,950. Additionally, there's a Student Association Fee of &pound;180, bringing the total academic fees to &pound;50,130. ​
Beyond tuition, you'll need to consider living expenses in London. While these can vary, students typically spend between &pound;1,300 to &pound;1,600 per month on accommodation, food, and other necessities. Over a 12-month period, this amounts to approximately &pound;15,600 to &pound;19,200. ​
So, when combining tuition, fees, and living costs, you're looking at an estimated total of &pound;65,730 to &pound;69,330 for the year. It's essential to budget accordingly and explore any available scholarships or financial aid options to help manage these expenses
Want to know how much it will cost you in your 2 years of MIM in London? Read this BLOG now to find out

T Mehta · Answer

Studying in London means planning for more than just tuition &mdash; here&rsquo;s what it really costs to do the LBS MiM.
&bull; Tuition for 2025 is &pound;49,950, plus a &pound;190 Student Association Fee. &bull; You&rsquo;ll pay a &pound;2,000 commitment fee and a &pound;6,000 reservation fee after acceptance &mdash; both are non-refundable but count toward tuition. &bull; Monthly living expenses in London typically land around &pound;1,500, so expect &pound;17,000&ndash;&pound;18,000 annually. &bull; Add visa (~&pound;490), NHS surcharge (~&pound;776), and setup costs (~&pound;1,000) &mdash; bringing the total to around &pound;70,000+. &bull; Global Trips are optional and billed separately &mdash; costs vary based on destination and length. &bull; Most students cover costs through loans or family support; scholarships exist but are limited and competitive.
Plan ahead , London life is expensive, but if you're career-focused and want top-tier exposure, the cost can be worth it.

Karan P · Answer

The total cost consist of two things. One is the The tuition fee which is  &pound;49,950, and there&rsquo;s also a small Student Association Fee of &pound;180. So your total academic cost comes to &pound;50,130.
But that&rsquo;s just one part of the total cost. Since you&rsquo;ll be living in London, living expenses are also a big factor. On average, students spend around &pound;1,300 to &pound;1,600 per month for rent, food, travel, and other daily needs. If you stay for 12 months, this can add up to about &pound;15,600 to &pound;19,200.
So in total, including tuition and living costs, you&rsquo;re looking at roughly &pound;65,730 to &pound;69,330 for one full year. It&rsquo;s a big amount, but many students feel it&rsquo;s worth it because of LBS&rsquo;s strong brand, great teaching, and career support. Just make sure it fits your budget and long-term goals.

B.K Sharma · Answer

The total cost of studying the MiM at London Business School for 2025 is around &pound;68,000&ndash;&pound;72,000, depending on living choices and optional program components.
The tuition fee is &pound;49,950, with an additional &pound;190 Student Association Fee. Admitted students also pay a &pound;2,000 commitment fee and a &pound;6,000 reservation fee, both of which are non-refundable but go toward the total tuition.
Living in London adds significantly to overall cost. Most students spend around &pound;1,300&ndash;&pound;1,800 per month on housing, food, and transport, which totals about &pound;16,000&ndash;&pound;18,000 for the year. On top of this, international students should budget for visa fees (~&pound;490), NHS health surcharge (~&pound;776), and settling-in costs.
Optional Global Trips vary in cost and aren&rsquo;t included in tuition, so total expenses can go higher depending on your choices.