Fees, financing and scholarships

Your MBA is an important investment in time and money - so it’s essential to make sure all your finances are in place before you start the course.

Tuition fees for the MBA starting in August 2014 are £64,200. This includes all tuition and required course reading materials. You may wish to buy extra materials during your time at LBS.

When considering the cost of an MBA, take into account the potential earning opportunities of summer internships and the optional Management Report while studying.  


Financing your course

The Prodigy Finance Loan Programme and a range of scholarships are open to MBA students.


A variety of loans are available to students including US Federal and Stafford Loans and the Professional and Career Development Loan. 

Research all the options well in advance of submitting an application.


Scholarships


We offer a wide range of scholarships. Most are available to successful applicants who apply in Stages 1, 2 and 3 of the MBA application process. 

You’ll find out more about scholarships – including how to apply – when you receive your offer. We strongly recommended that you research external funding opportunities as well.


We will announce our scholarship portfolio for the August 2015 intake in late November 2014.  For guidance the portfolio for the 2014 intake is below.

All these scholarships are subject to change without notice.

  • Scholarships open to all

    The Mo Ibrahim Foundation Scholarship for Sub-Saharan Africa
    Funded by: The Mo Ibrahim Foundation
    Open to: All successful MBA applicants who are nationals of sub-Saharan Africa.
    Recipients of the award are expected to contribute to the School's marketing efforts in the region.
    Award: Two full fee awards
    Application Format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2016 will be automatically considered for this award.


    The Australia/New Zealand Scholarship
    Funded by: London Business School
    Open to: All successful MBA applicants who are nationals of Australia or New Zealand. Recipients will be expected to assist with the School's marketing efforts in the region.
    Award: Up to first year fee
    Application Format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2016 will be automatically considered for this award.


    The USA/Canada Scholarship
    Funded by: London Business School
    Open to: All successful American and Canadian MBA applicants
    Recipients will be expected to assist with the School's marketing efforts in the region.
    Award: Up to first year fee.
    Application Format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2016 will be automatically considered for this award.

    The Latin America Scholarship
    Funded by: London Business School
    Open to: All successful Latin American applicants
    Recipients of these awards are expected to contribute to the School's marketing efforts in the region.
    Award: Up to first year fee
    Application Format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2016 will be automatically considered for this award.

    The Gonzalo R Garcia MBA 1993 Scholarship
    Funded by: Maria and Gonzalo R Garcia, MBA 1993 Alumnus
    Open to: Candidates who have achieved success in their education and career through their own determination, ambition and motivation, with a preference for Chilean or other Latin American students.
    Award: One award of £25,000
    Application Format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2016 will be automatically considered for this award.

     
    The China Scholarship
    Funded by: London Business School
    Open to: All successful Chinese MBA applicants
    Recipients will be expected to assist with the School's marketing efforts in the region
    Award: Up to first year fee
    Application Format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2016 will be automatically considered for this award.

    The Elof Hansson Foundation Scholarship
    Funded by: The Elof Hansson Foundation
    Open to: All successful MBA applicants that are residents or nationals of Sweden.
    Award: First year fee
    Application Format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2016 will be automatically considered for this award.

    CAP Scholarships
    Open to: All successful MBA applicants that are residents or nationals of the UK
    Award: Two awards of £20,000
    Application Format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2016 will be automatically considered for this award

    The Vodafone Group Foundation Scholarships - The Sir Christopher Gent Awards
    Funded by: The Vodafone Group Foundation
    Open to: Residents of Germany, Italy, Spain, UK, South Africa and India
    Award: Four awards of £20,000
    Application format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2016 will be automatically considered for these awards 


    Blavatnik Scholarship
    Funded by: The Blavatnik Foundation
    Open to: All successful MBA applicants that are nationals of Russia, CIS countries or Israel
    Award: £20,000
    Application Format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2016 will be automatically considered for this award

    Huw Jenkins Scholarship
    Funded by: Huw Jenkins, alumnus of the class of MSc21(1986)
    Open to: Nationals and residents of the UK
    Award: £25,000
    Application Format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2016 will be automatically considered for this award

    The London Business School Israel Scholarship
    Funded by: 4 Daughters Charitable Trust
    Open to: All successful MBA applicants who are residents of Israel with proven financial need
    Recipients of the award are expected to contribute to the School's marketing efforts in the region
    Awards: One award of £25,000
    Application Format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA 2016 will be automatically considered for this award

    LIFE Lebanese Scholarship
    Funded by: LIFE (Lebanese International Finance Executives) - a non-profit organisation which provides a platform to channel the influence of Lebanese finance executives worldwide in order to establish stronger bonds, nurture the next generation and promote Lebanon.
    Open to: A Lebanese national or a person of Lebanese decent who wishes to go into financial services. Candidates should have strong academics (top 20% of their class) and be able to articulate (via interview) their reason for pursuing financial services. The recipient of this scholarship will be chosen by LBS and LIFE jointly. 
    Award: $10,000 per year

    The Borrows Scholarship
    Open to: All successful MBA applicants that are residents or nationals of the UK
    Award: One award of £22,000
    Application Format: Candidates who receive an offer of a place for the class of MBA2016 will be automatically considered for this award.


  • Scholarships open to women only

    The London Business School Women's Scholarship
    Open to: All successful female MBA applicants.The aim of the scholarship is to support female candidates of merit and to help increase the number of women joining the London Business School.  More broadly the scholarship seeks to encourage an increase in women considering a management career within the business sector.
    Award: First year fee
    Application Format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2016 will be automatically considered for this award.


    Celia Atkin Avent Scholarship
    Open to: UK women. Designed to support exceptionally gifted and talented British women who have achieved success through their own determination, ambition and motivation and have striven to succeed in their education and career.
    Award: First year fee
    Application Format: Candidates applying in Stages 1, 2 or 3 who receive an offer for the class of MBA2016 will be given details on how to apply for this award.

    The Carlsson Family Scholarship
    Open to: All successful female MBA applicants. The aim of the scholarship is to support female candidates of merit and to help increase the number of women joining the London Business School. More broadly the scholarship seeks to encourage an increase in women considering a management career within the business sector.
    Award: £20,000
    Application Format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2016 will be automatically considered for this award.


    Forté Foundation Fellowships
    Funded by: The Forté Foundation
    Open to: All successful female MBA applicants.The aim of the scholarship is to support female candidates of merit and to help increase the number of women joining the London Business School. More broadly the scholarship seeks to encourage an increase in women considering a management career within the business sector.
    Award: Two awards of £20,000
    Application Format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2016 will be automatically considered for these awards.

    Lloyds Scholars MBA Scholarship for Women
    Open to: All successful female MBA applicants that are residents or nationals of the UK.
    Award: Four awards of £30,000
    Application Format: Candidates who receive an offer of a place for the class of MBA2016 will be automatically considered for this award.

    Deutsche Bank Women's Scholarships
    Open to: All successful female MBA applicants with an interest in a career in financial services.
    Award: Four awards of £20,000
    Application Format: Candidates applying in Stages 1, 2 or 3 who receive an offer for the class of MBA2016 will be given details of how to apply for this award .


  • Scholarships open to the military

    London Business School Military Scholarship
    Funded by: London Business School
    Open to: All successful MBA applicants who have been employed in a full-time military role in their career so far.
    Award: Up to 5 awards of £20,000
    Application Format: Candidates applying in Stages 1, 2 or 3 who receive an offer for the class of MBA2016 will be considered automatically for these awards.
    Find out more.

  • Scholarships available subjects to nationality/residence

    The China Scholarship

    Funded by: London Business School
    Open to: All successful Chinese MBA applicants
    Recipients will be expected to assist with the School's marketing efforts in the region.
    Award: Up to first year fee.
    Application Format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2016 will be automatically considered for this award.

    The Elof Hansson Foundation Scholarship
    Funded by: The Elof Hansson Foundation
    Open to: All successful MBA applicants that are residents or nationals of Sweden
    Award: First year fee.
    Application Format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2016 will be automatically considered for this award.

    CAP Scholarships
    Open to: All successful MBA applicants that are residents or nationals of the UK
    Award: Two awards of £20,000.
    Application Format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2016 will be automatically considered for this award.

    The Vodafone Group Foundation Scholarships - The Sir Christopher Gent Awards
    Funded by: The Vodafone Group Foundation
    Open to: Residents of Germany, Italy, Spain, UK, South Africa and India
    Award: Four awards of £20,000.
    Application format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2016 will be automatically considered for these awards.


    Blavatnik Scholarship
    Funded by: The Blavatnik Foundation
    Open to: All successful MBA applicants that are nationals of Russia, CIS countries or Israel.
    Award: £20,000
    Application Format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2016 will be automatically considered for this award.

    Huw Jenkins Scholarship
    Funded by: Huw Jenkins, alumnus of the class of MSc21(1986)
    Open to: Nationals and residents of the UK
    Award: £25,000
    Application Format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2016 will be automatically considered for this award.

    The London Business School Israel Scholarship
    Funded by: 4 Daughters Charitable Trust
    Open to: All successful MBA applicants who are residents of Israel with proven financial need.
    Recipients of the award are expected to contribute to the School's marketing efforts in the region.
    Awards: One award of £25,000
    Application Format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA 2016 will be automatically considered for this award.

    LIFE Lebanese Scholarship
    Funded by: LIFE (Lebanese International Finance Executives) - a non-profit organisation which provides a platform to channel the influence of Lebanese finance executives worldwide in order to establish stronger bonds, nurture the next generation and promote Lebanon.
    Open to: A Lebanese national or a person of Lebanese decent who wishes to go into financial services. Candidates should have strong academics (top 20% of their class) and be able to articulate (via interview) their reason for pursuing financial services. The recipient of this scholarship will be chosen by LBS and LIFE jointly. 
    Award: $10,000 per year.

    The Borrows Scholarship
    Open to: All successful MBA applicants that are residents or nationals of the UK.
    Award: One award of £22,000
    Application Format: Candidates who receive an offer of a place for the class of MBA2016 will be automatically considered for this award.


  • External scholarships

    As well as the Scholarships that are awarded internally at London Business School, many external organisations offer scholarships or grants to students attending the School. 

    For comprehensive listings by country view our external scholarships PDFs: