Things to Know Before Applying to London Business School

Programme rules and fees for the LBS MBA that applicants often miss, from the school's published pages.

Programme rules

The MBA has exit points at 15, 18 or 21 months; to exit you must complete 10 electives and the Global Experience.
Students who go on international exchange cannot exit at 15 months, and an early exit may limit your choice of electives.
Terms run Autumn (August to December), Spring (January to March) and Summer (April to July), with exams throughout the first year, some on weekends.
Applicants who already hold a Masters in Management can apply to the 11-month One-year MBA instead.

Tuition for the 2026 MBA intake is £123,950 and does not change with your exit point.
A £400 Student Association Fee is added; programme travel, including Global Experiences, is extra.
After an offer you pay a £3,500 commitment fee within approximately one month and a £6,500 reservation fee at the end of May; both are non-refundable and deducted from tuition.
Fees are the same for international and domestic students, and tuition can be paid in instalments at the start of each term.

The minimum GMAT score LBS accepts is usually around 555; the stated average is around 645 (GMAT Focus scale).
LBS prefers GRE scores over 160 in verbal and quantitative, and notes that some employers may ask for a GMAT score.
The Admissions Committee may ask you to retake the GMAT or GRE before making an offer.
AI tools may be used to check and edit essays if disclosed; they are not permitted in the interview or the video submission.
Interviews are run by alumni or senior admissions staff, usually in your region.