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The tuition fee for the London Business School (LBS) Master in Management (MiM) program is £47,000. This amount covers tuition, course materials, and essential services. However, keep in mind that this fee may change, so it’s best to check the official LBS website for the latest updates.
Apart from tuition, students should also budget for additional expenses like living costs, accommodation, food, travel, and personal expenses. Living in London can be expensive, and LBS estimates that students may need around £15,000 to £25,000 per year for living expenses, depending on their lifestyle.
If you're concerned about the cost, LBS offers scholarships and financial aid to help students reduce their expenses. You can apply for merit-based scholarships or external funding options. It’s a good idea to explore these opportunities early to plan your finances effectively.
The tuition fee for the London Business School (LBS) Masters in Management (MiM) program is £47,000 for the latest intake. This cost covers tuition and essential study materials, but students should budget for additional expenses such as living costs, accommodation, and travel.
- Living expenses in London: Around £1,500 - £2,500 per month, depending on lifestyle and housing choices.
- Accommodation: Ranges from £800 - £1,800 per month based on location and type.
- Health insurance: If you're an international student, ensure you have coverage through the UK's NHS or private insurance.
- Other costs: This includes visa fees, student association fees, networking events, and optional study trips.
LBS offers merit-based scholarships and need-based financial aid to help students manage tuition costs. Some popular scholarships include:
- LBS Merit Scholarship (awarded to high-achieving candidates)
- The Laidlaw Women’s Leadership Fund (for outstanding female students)
- The Santander Scholarship (for students from specific regions)
The tuition fee for the London Business School (LBS) Masters in Management (MiM) program for 2025 is £49,950. This covers tuition and study materials but does not include extra activities like global trips, which have additional costs.
Besides tuition, students must pay a Student Association Fee of £190, which gives access to events and activities at LBS.
The breakdown of Payment
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Commitment fee: £2,000 (due within about 3 weeks of receiving an offer)
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Reservation fee: £6,000 (due within about 6 weeks of receiving an offer)
These fees are non-refundable but will be deducted from the total tuition cost.
Moving towards Scholarships & Loans, LBS offers merit-based scholarships to outstanding students. If you're admitted, you will automatically be considered for these. There are also loan options to help finance your studies.
The tuition fee for the London Business School (LBS) Masters in Management (MiM) program for the 2025 intake is £49,950. This fee covers the full duration of the program and excludes any related travel expenses. Additionally, there is a Student Association Fee of £180, which grants you access to various student activities and resources.
Upon acceptance into the program, you'll be required to pay a commitment fee of £2,000 within approximately three weeks to secure your place. Following this, a reservation fee of £6,000 is due within about six weeks. Both fees are non-refundable but will be deducted from your total tuition cost.
LBS offers various scholarships and financing options to support students. All admitted candidates are automatically considered for merit-based scholarships. It's advisable to explore these opportunities early and prepare any necessary application materials to enhance your chances of receiving financial support.