Are you considering pursuing an MBA from London Business School? One of the key factors to consider before applying is the fees. In this article, we will discuss the different fees associated with the London Business School MBA program.
Tuition Fee
The tuition fee for the London Business School MBA program for the 2021 intake is £92,735. This includes all academic materials, access to online resources, and some meals on campus. However, it does not include accommodation, travel expenses or other personal expenses.
Living Expenses
As mentioned earlier, the tuition fee does not cover living expenses such as accommodation and travel expenses. The living expenses in London can be quite high and it is important to factor these costs into your budget when planning to pursue an MBA at London Business School.
Scholarships
London Business School offers a range of scholarships to help students cover their tuition fees. These scholarships are awarded based on merit and financial need. Some of the popular scholarships offered by LBS are The LBS Fund Scholarship, The Forté Foundation Scholarship, and The London Business School Sloan Women’s Scholarship.
Other Costs
In addition to tuition fees and living expenses, there are other costs associated with pursuing an MBA at London Business School. Some of these costs include:
- Application fees: To apply for the MBA program at LBS, you will need to pay an application fee of £200.
- Visa Fees: If you are an international student planning to study in the UK, you will need to pay visa fees which can vary depending on your nationality.
- Books and Course Materials: You may need to purchase additional books and course materials during your studies which can add up over time.
Conclusion
Pursuing an MBA from London Business School is a significant investment in your career. While the fees are quite high, it is important to remember that you are investing in a world-class education that can have a significant impact on your career prospects. It is important to consider all the costs associated with pursuing an MBA at LBS and factor them into your budget before making a decision.
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