Fees & financing

Executive MBA Tuition Fees

Executive MBA tuition fees for the programme commencing in September 2008 are as follows:

• course materials and required core course textbooks 
• hotel accommodation for one compulsory international assignment
• hotel accommodation for the residential leadership skills block week 
• Students Association (SA) subscription

NB If you decide to take the opportunity to undertake a second international assignment, a £2,000 fee applies.

Sponsorship and company support

Around 50 per cent of Executive MBA students are sponsored either partially or fully by their employers.  However, all of them have their employers´ full support in terms of the time commitment to attend classes - and this is vital if you are to succeed on the programme.  Securing this kind of commitment from your company is not easy, and usually involves drawing up a detailed business case outlining your reasons for wanting to do the Executive MBA and the benefits that you feel it will bring not only to yourself but to the company.  To help you draft such a document, we have put together a sample business case.

Salary sacrifice

Students who pay NI contributions in the UK may wish to consider a salary sacrifice scheme with their employers, which can save both the student and the employer money. London Business School cannot provide individual advice on salary sacrifice arrangements and prospective students are recommended to contact their employer or a tax advisor about this option.

HSBC Bank-London Business School Loan Scheme

London Business School offers a loan scheme in partnership with HSBC Bank which is available to participants on degree programmes, including Executive MBA students who are resident in and work in the UK. The loan is designed to cover tuition fees and students are expected to hold their main bank account with HSBC for the duration of the loan.

The Association of MBAs

The Association of MBAs runs a loan scheme which is administered by NatWest Bank. To apply to borrow the money you need, you must:

• Be 18 years old or over
• Be a permanent UK resident for at least three years minimum immediately prior to commencement of study
• Have a place on a MBA programme accredited by the Association of MBAs
• Have at least five years' practical work experience within industry or commerce, or if you are a graduate, you must have two years' work experience

If you fulfil the above criteria, you can request an application form by calling the NatWest Bank information line FREEPHONE 0800 200 400.

If you are calling from outside the UK, please dial +44 20 7390 2532

For further information, please contact

The Association of MBAs
25 Hosier Lane
London
EC1A 9LQ
United Kingdom

Tel:  +44 (0) 20 7246 2686
Fax:  +44 (0) 20 7246 2687
Email: info@mba.org.uk

Career Development Loans (available to all EU Nationals)

To qualify for a CDL you must be ordinarily resident in Great Britain (i.e. England, Scotland or Wales) and have an unlimited right to remain in the United Kingdom (UK).  Further details are available at www.lifelonglearning.co.uk/cdl/

Federal Stafford Loan Programme (available to US citizens)

To be eligible you must:

• firstly, be enrolled at least half time in an approved school, of which London Business School is one 
• be a US citizen or national, or a permanent resident without conditions and with proper evidence of eligibility. 
• All applicants are required to first complete a FAFSAC application before any application can be processed. Forms can be obtained from a student loan officer at your local bank or from www.fafsa.ed.gov/

For comprehensive information about this loan scheme, please visit the Stafford Loan website at www.staffordloan.com/