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 2015 are £67,750. 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.


All these scholarships are subject to change without notice.

  • Scholarships open to all

    London Business School Fund Scholarships

    These awards form the majority of our scholarship portfolio.

    Funded by: London Business School.
    Open to: All successful MBA applicants who have clear academic and professional merit and can demonstrate the ability to contribute to all aspects of the MBA programme.
    Awards: Multiple awards of varying amounts up to full fees.
    Application Format: Candidates who receive an offer for the class of MBA2017 will be automatically considered for these awards.


    MSc05 Scholarship


    Funded by: Alumni from the class of MSc05.

    Open to: All successful MBA applicants.

    Award: £20,000.

    Application format: Candidates applying in Stages 1, 2 or 3 who receive an offer for the class of MBA2017 will be automatically considered for this award.


    Jeremy Asher Scholarship


    Open to: All successful MBA applicants.
    Award: £20,000.
    Application Format: Candidates applying in Stages 1, 2 or 3 who receive an offer for the class of MBA2017 will be automatically considered for this award.


    The Gallifrey Scholarship for Social Enterprise


    Funded by: An anonymous alumni donor.
    Open to: All successful MBA, EMBA and Sloan Masters applicants who have a background in social enterprise* with a preference for women and/or candidates residing in Africa.
    Award: £20,000.
    Application Format: Candidates applying in Stages 1, 2 or 3 who receive an offer for the class of MBA2017 will be automatically considered for this award.
    *defined as an organisation that applies commercial strategies to maximize improvements in human and environmental well-being, rather than maximising profits for external shareholders. Social enterprises can be structured as a for-profit or non-profit, and may take the form of a co-operative, mutual organisation, a social business, or a charity organisation.


    Mark Le Goy MBA97 Scholarship


    Award:  50% of first year fee.
    Open to: All successful MBA applicants.
    Application Format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2017 will be automatically considered for this award.


    YPO Scholarship


    Award: £20,000.
    Open to: All successful MBA applicants.
    Application Format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2017 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.  

    Award: First year fee.
    Application format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2017 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 MBA2017 will be given details on how to apply 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. 
    Award: First year fees.
    Application format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2017 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 MBA2017 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 MBA2017 will be given details of how to apply for this award.


    The Nestle Emerging Markets Scholarship for Women


    Open to: Women from BRIC and emerging markets in Asia and Africa. 
    Award: Two awards of £30,000.
    Application Format: Candidates applying in Stages 1, 2 or 3 who receive an offer for the class of MBA2017 will be given details on how to apply for this award.


    The Nirmal Talwar 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.
    Award: One award £35,000.
    Application Format: Candidates who receive an offer for the class of MBA2017 will be automatically considered for these awards.


    The Monica and Navin Valrani Scholarship


    Open to: Indian women. Designed to support exceptionally gifted and talented Indian women who have achieved success through their own determination, ambition and motivation and have striven to succeed in their education and career.
    Award: £20,000.
    Application Format: Candidates who receive an offer for the class of MBA2017 and other masters programmes will be automatically considered for this award.

  • Scholarships by sector

    London Business School Energy Scholarship


    Funded by: London Business School.
    Open to: All successful MBA applicants who are employed in energy, with a preference for those who aspire to continue in the sector after graduation. The winner will be expected to contribute to the School’s Energy Club and recruiting efforts in the sector.
    Award: One award of up to 50% of fees.
    Application Format: All candidates for MBA2017 will be considered automatically for this award.


    London Business School Entrepreneurship Scholarship


    Funded by: London Business School.
    Open to: All successful MBA applicants who have set up or have been working in entrepreneurial ventures, or those who plan to after the MBA. The winner will be expected to take an entrepreneurial route in their studies, (applying for the Entrepreneurship Summer School) and contribute to The School’s Entrepreneurs Club.
    Award: One award of up to 50% of fees.
    Application Format: Candidates applying in Stages 1, 2 or 3 who receive an offer for the class of MBA2017 will be given details on how to apply for this award.
    * Admission to the Entrepreneurship Summer School is assessed separately and the granting of this scholarship is not an indicator of selection for the programme.


    London Business School Healthcare Scholarship


    Funded by: London Business School.
    Open to: All successful MBA applicants who are employed in healthcare or medical research, with a preference for those who aspire to continue in the sector after graduation. The winner will be expected to contribute to the School’s Healthcare Club.
    Award: One award of up to 50% of fees.
    Application Format: All candidates for MBA2017 will be considered automatically for this award.


    London Business School Luxury and Retail Scholarship


    Funded by: London Business School.
    Open to: All successful MBA applicants who are employed in The Luxury and Retail industries with a preference for those who aspire to continue in the sector after graduation. The winner will be expected to contribute to the School’s Luxury & Retail Club and apply to The Walpole programme*.
    Award: One award of up to 50% of fees.
    Application Format: All candidates for MBA2017 will be considered automatically for this award.
    * Admission to the Walpole programme is assessed separately and the granting of this scholarship is not an indicator of selection for the programme.


    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. Winners will be expected to take an active role in the Military in Business Club.
    Award: Up to 5 awards of up to £30,000.
    Application Format: All candidates for MBA2017 will be considered automatically for these awards.


    London Business School Technology and Engineering Scholarship


    Funded by: London Business School.
    Open to: All successful MBA applicants who are employed in technology or engineering. The winner will be expected to contribute to The School’s student clubs and activities in the technology area.
    Award: One award of up to 50% of fees.
    Application Format: All candidates for MBA2017 will be considered automatically for this award.


    Desmond Mollins Scholarship


    Funded by: London Business School.
    Open to: All successful MBA applicants with a background in engineering.
    Award: One award of £20,000.
    Application Format: All candidates for MBA2017 will be considered automatically for this award.


    Bank of America Merrill Lynch Scholarship


    Open to: All successful MBA applicants with an interest in a career in financial services.
    Award: £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 available subjects to nationality/residence

    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 MBA2017 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 MBA2017 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 MBA2017 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 MBA2017 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 MBA2017 will be automatically considered for this award.


    London Business School EU Scholarship


    Funded by: London Business School.
    Open to: All successful MBA applicants who are EU nationals.
    Award: One award of up to 50% of fees.
    Application Format: All candidates for MBA2017 will be considered automatically 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 MBA2017 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 MBA2017 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 MBA2017 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: One award of £20,000.
    Application format: Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2017 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 MBA2017 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 MBA2017 will be automatically considered for this award.


    The 4 Daughters 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 2017 will be automatically considered for this award.


    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 MBA2017 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: