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The cost of tuition for the LBS MBA program for the 2024 intake is £115,000. Depending on the selected exit point, the program's duration might range from 15 to 21 months, and this charge covers it all. The program's travel expenses are not included in the tuition, giving students the freedom to budget for extra expenses connected to the different international experiences they will have during the course.
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If you're planning to apply for the MBA program at London Business School, the tuition fee is £119,950 for the 2025 intake. This fee covers the full MBA program whether you choose the 15, 18, or 21-month format.
The tuition includes most academic materials, core course delivery, and access to student resources. You will also need to pay a small Student Association Fee of £180, which gives you access to clubs, events, and other student-led activities on campus.
| Fee Component | Amount (GBP) |
| Tuition Fee | £119,950 |
| Application Fee | £200 |
| Commitment Fee | £3,500 |
| Reservation Fee | £6,500 |
| Student Association Fee | £380 |
Apart from tuition, you should also plan for extra costs like accommodation, food, travel, and other personal expenses. LBS recommends budgeting based on your lifestyle while living in London.
If you're worried about funding, the school offers a wide range of scholarships and loan options to help students manage the costs. So it's a good idea to check those while planning your budget.
The tuition fees for the London Business School (LBS) MBA program are around £115,000. Living expenses in London, including accommodation, food, and transport, can range from £25,000 to £35,000 per year. Other costs, like health insurance, textbooks, and personal expenses, add around £3,000–£5,000. This brings the estimated total cost to around £110,000–£150,000 for the entire MBA program.
The total cost of an MBA at London Business School (LBS) includes tuition, living expenses, and essential fees.
- Tuition: £109,700 covers academic programs, career support, and networking resources.
- Living Costs: Estimated at £25,000–£35,000 yearly, covering rent (about £1,000–£2,000/month), food, and transport.
- Additional Costs: Other expenses, like health insurance (£500–£1,000), books (£1,000–£2,000), and personal costs, add about £3,000–£5,000.
Overall, the estimated total for the MBA program is between £140,000–£150,000. Scholarships and part-time work can help manage costs.
To get more detailed information, you can visit here: LBS MBA Fees
Education Expert
Well, the cost of pursuing an MBA at London Business School is £115,000. This fee covers the entire program duration of 15-21 months.
Tuition Fees for LBS MBA (2024 Intake):
- Tuition Fee: £115,000
(This fee covers the entire program duration of 15-21 months.) - Student Association Fee: £360
(A mandatory fee for access to student activities and resources.)
Additional Costs to Consider:
- Program-Related Travel: If you participate in Global Business Experiences or other international modules, budget separately for travel and accommodation.
- Living Expenses: These vary depending on your lifestyle and housing preferences in London.
Scholarship and Financing Options:
To ease the financial burden, LBS offers several scholarships and funding options:
Scholarships:
1. Awarded based on academic excellence, professional achievements, and personal background.
2. Example: London Business School Fund Scholarships (may cover partial or full tuition fees).
Loans and Sponsorship:
1. Regional loan schemes available for students.
2. Employer sponsorship is a popular choice; LBS provides resources to help you create a strong business case for funding.
While the LBS MBA program represents a significant financial investment, there are multiple avenues to support your studies, including scholarships, loans, and potential employer sponsorship. It's essential to plan ahead and explore all available options to make the most informed decision regarding your education and financial planning.
The tuition fee for the London Business School (LBS) MBA program is £119,950 for the 2025 intake. This fee covers the entire program, which can last between 15 to 21 months, depending on how quickly you complete it.
If you’re interested in their One-Year MBA program, the tuition fee is £75,000. This shorter program is designed for students who already have a Master’s in Management and want to gain further business skills without repeating topics.
Keep in mind that these fees only cover your tuition. Additional expenses like accommodation, living costs, and travel are not included. LBS is located in London, so you should plan for higher living costs. On average, living expenses can be around £15,000 to £25,000 per year, depending on your lifestyle.
To help with costs, LBS offers a variety of scholarships, such as merit-based awards and need-based financial aid. They also have partnerships with banks and lenders to provide student loans. It’s a good idea to explore these options early.
When budgeting for an MBA at LBS, be sure to calculate both tuition and living costs. This will give you a clearer picture of the total expenses. If you need financial support, applying for scholarships and loans can significantly reduce your burden.
For more insights, you can go in detail here: LBS MBA Fees
Let me know if you have other questions about studying at LBS!