Financing and scholarships

Tuition fees vary significantly depending on the programme's duration and target professional seniority. For the 2026 intake, the costs are as follows.

Full-Time MBA (15–21 months)

£123,950 (approximately $165,000). The fee covers the entire programme regardless of whether a student chooses the 15, 18 or 21-month exit point.

One-Year MBA (11 months)

£75,000. This accelerated track for MiM graduates offers a distinct financial advantage by reducing both tuition and total living expenses.

Executive MBA

The London stream is £125,000 and the Dubai stream is $150,000. EMBA-Global, a partnership with other institutions, is priced at $224,598.

Masters in Finance

The world's premier post-experience finance degree costs £62,500.

Early Career Masters (MiM, MFA, MAM)

These foundation programmes are approximately £47,500 each.

Sloan Masters in Leadership and Strategy

This elite 12-month programme for senior executives is £93,500.

Student Association fee

In addition to tuition, all students must budget for a mandatory fee of approximately £400 per year.

The cost of living in a global hub like London is one of the most critical factors in a candidate's financial planning. Typical LBS students budget between £30,000 and £40,000 per year to cover housing, food, transport and personal insurance. When tuition, living expenses and travel are combined, the total direct cost of the 21-month MBA is estimated to exceed $250,000. For professionals leaving high-paying roles, the opportunity cost of forgone income is equally significant. For a two-year programme this can add a further $150,000 to $200,000 to the true economic cost of the degree.

To ensure the programme remains accessible to the best and brightest regardless of financial background, LBS offers a growing and diverse range of scholarships. These awards generally fall into four categories.

Merit-based awards

Awarded on academic and professional excellence demonstrated during the admissions process.

Need-based support

Provided after a thorough financial assessment of the candidate's situation.

Named and donor scholarships

These include the prestigious BK Birla Scholarship, which honours specific leadership ideals, and the Laidlaw Scholarship, which is transformative for first-generation and low-to-intermediate-income students.

Diversity and inclusion initiatives

LBS is a champion for Women in Business, providing specialised scholarships to empower female leaders. Other niche awards include the Luxury Scholarship, the Sustainability Scholarship and a unique award for former professional athletes.

One of the most appealing aspects of the LBS funding model is that for the vast majority of awards, no separate application is required. The Scholarships Committee holistically reviews every admitted student's original application to determine eligibility. Some donor-funded awards may require a specific essay or additional evidence. Admitted students also have the option to appeal or submit an expression of interest if they feel their circumstances warrant additional consideration for funding.

Many LBS candidates, particularly in the One-Year MBA and EMBA, are sponsored by their current employers. Consulting firms such as McKinsey, BCG and Bain frequently sponsor their associates to return to LBS to round out their skills before taking on more senior roles. For self-funded students, the most common strategy is a stackable approach.

Personal savings

Often the primary source for living expenses.

Specialised student loans

Many students use providers such as Juno or other lenders that specialise in international MBA financing.

Employer support

Even partial sponsorship or tuition deferral agreements are common.

Applying early, in Round 1 or Round 2, is the most effective way to secure funding. It allows candidates to access the full suite of available scholarship options and provides more time to manage visas, resignations and relocation logistics. While the upfront cost is high, the breakeven point for most LBS graduates is estimated at four to six years. For many, the true return is found in the 53,000+ member global network and the long-term career mobility that only a top-tier brand like London Business School can provide.