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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 2016 are £70,800. Fees include all tuition and required core course reading materials which may be provided electronically and/or in hard-copy. You may wish to buy extra materials during your time at LBS, particularly during the elective programme.


Also covered by your fees are flights and accommodation for your Global Business Experience.


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


Financing your MBA


A range of scholarships and loans are open to MBA students. Research all the options well in advance of submitting an application. Find out more about scholarships below and about getting a loan.


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 alumni and friends
    Awards: Multiple awards of varying amounts, up to full fees.
    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.
    Application format: All candidates will be automatically considered for these awards.

    Bell-Cohen MBA31 Scholarship


    Funded by: Bell-Cohen Charitable Trust and alumni Erin Bell MBA31(1991) and Michael Cohen MBA31(1991)
    Award: One award of £20,000
    Open to: All successful candidates across degree programmes
    Application format: All candidates will be automatically considered for this award.


    The David Pyott Scholarship


    Funded by: David E.I. Pyott Foundation and alumnus David Pyott MSc13 (1980)
    Award: One award of £20,000
    Open to: All successful candidates across degree programmes
    Application format: All candidates will be automatically considered for this award.


    Gallifrey Scholarship for Social Enterprise


    Funded by: Gallifrey Foundation
    Award: One award of £20,000.
    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.
    Application format: All candidates 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.


    Jeremy Asher Scholarship


    Funded by: Jeremy Asher
    Award: One award of £20,000.
    Open to: All successful MBA applicants.
    Application format: All candidates will be automatically considered for this award.

    London Business School 50th Anniversary Scholarship


    Funded by: Alumni and friends of London Business School
    Award: One full fees award.
    Open to: All successful MBA applicants.
    Application format: All candidates will be automatically considered for this award.

    Mark Le Goy Memorial and MBA1997 Scholarship


    Funded by: The Le Goy Family and alumni from the class of MBA1997
    Award: One award of 50% first year fee.
    Open to: All successful MBA applicants.
    Application format: All candidates will be automatically considered for this award.


    MBA2000 15 Year Reunion Scholarship


    Funded by: Alumni from the class of MBA2000
    Award: One award of up to 50% fees
    Open to: All successful MBA applicants
    Application format: All candidates will be automatically considered for this award.


    The Reaching Out MBA Fellowship


    Funded by: The Reaching Out LGBT MBA Fellowship is a joint effort between Reaching Out and London Business School.
    Aim: Reaching Out MBA aims to empower lesbian, gay, bisexual, transgender, queer, and ally (LGBTQA) MBA students to become professionals who will lead the way to equality in business education, in the workplace, and throughout society. We expect the recipient of the London Business School Out In Business Fellowship to be highly engaged in leading LGBT diversity initiatives in our community.
    Open to: All MBA Admits are eligible to apply for the Fellowship, regardless of sexual orientation, gender identity, or gender expression.
    Award: The Fellowship includes a scholarship of £20,000, (£10,000 per year).
    The School's Diversity Group will assess the Fellowship recipient's contributions after Year One and must be satisfied by the impact before awarding the Year Two Scholarship. The winner will also be able to attend Reaching Out MBA Inc. events, including the annual LGBTQA MBA Conference.
    Application format: All Admits can apply for the scholarship with an essay via the Portal intranet site. The winner of the scholarship will be chosen and notified by July 2016.

    SARI Foundation Trust Scholarship


    Funded by: SARI Foundation Trust and alumnus Savio Kwan MSc09(1976)
    Award: One full fees award.
    Open to: All successful MBA applicants.
    Application format: All candidates will be automatically considered for this award.


    Young Presidents’ Organization Scholarship


    Funded by: Young Presidents’ Organization and YPO alumni and participants

    Award: One award of £20,000.
    Open to: All successful MBA applicants.
    Application format: All candidates will be automatically considered for this award.

  • Scholarships open to women only

    The 30% Club Scholarship


    Funded by: London Business School
    Award: First year fees.
    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.
    Application format: All candidates will be automatically considered for this award.


    Carlsson Family Scholarship


    Funded by: Carlsson Family Foundation and alumnus Roger Carlsson MSc17(1984)

    Award: One award of £20,000.

    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 London Business School.

    Application format: All candidates will be automatically considered for this award.


    Celia Atkin Avent Scholarship


    Funded by: Alumna Celia Atkin LEP16(1973)
    Award: One award of £35,000.
    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.
    Application format: Candidates applying in Rounds 1, 2 or 3 will be given details on how to apply for this award.


    Deutsche Bank Women's Scholarships


    Funded by: Deutsche Bank
    Award: Four awards of £20,000.
    Open to: All successful female MBA applicants with an interest in a career in financial services.
    Application format: Candidates applying in Rounds 1, 2 or 3 will be given details of how to apply for this award.

    Forté Foundation Fellowships


    Funded by: The Forté Foundation.
    Award: Multiple awards of various amounts, up to £35,400 each.
    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 London Business School.
    Application format: Candidates will be automatically considered for these awards.

    Lloyds Scholars MBA Scholarship for Women


    Funded by: Lloyds Banking Group
    Award: Three awards of £30,000.
    Open to: All successful female MBA applicants that are residents or nationals of the UK.
    Application format: Eligible candidates will be automatically considered for this award.


    Monica and Navin Valrani Scholarship


    Funded by: Alumnus Navin Valrani EMBADS2013 and Monica Valrani
    Award: One award of £20,000.
    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.
    Application format: Candidates who receive an offer for the MBA and other masters programmes will be automatically considered for this award.


    Nestle Emerging Markets Scholarship for Women


    Funded by: Nestle UK
    Award: One award of £35,000.
    Open to: Women from BRIC and emerging markets in Asia and Africa.
    Application format: All candidates applying in Rounds 1, 2 or 3 will be considered for this award.


    Nirmal Talwar Scholarship


    Funded by: Alumni Aditya Talwar MBA2011 and Rashi Nayar MiM2010
    Award: One award of £35,000.
    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 London Business School.;
    Application format: All candidates will be automatically considered for these awards.


  • Scholarships by sector

    Desmond Molins Memorial Scholarship for Engineers


    Funded by: Desmond Molins Foundation
    Award: One award of £20,000.
    Open to: All successful MBA applicants with a background in engineering.
    Application format: All eligible candidates will be considered automatically for this award.


    London Business School Consulting Scholarship


    Funded by: London Business School
    Award: One award of up to £30,000
    Open to: Any candidates with experience in or aspirations for working in consulting.
    Application format: All candidates will be automatically considered for this award.


    London Business School Energy Scholarship


    Funded by: London Business School.
    Award: One award of up to 50% of fees.
    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.
    Application format: All candidates will be considered automatically for this award.

    London Business School Entrepreneurship Scholarship


    Funded by: London Business School.
    Award: One award of up to 50% of fees.
    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 and contribute to The School’s Entrepreneurship Club.
    Application format: Candidates will be automatically considered for this award.


    London Business School Healthcare Scholarship


    Funded by: London Business School.
    Award: One award of up to 50% of fees.
    Open to: All successful MBA applicants who are employed in healthcare, medical research or pharmaceuticals, 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.
    Application format: All candidates will be considered automatically for this award.

    London Business School Luxury and Retail Scholarship


    Funded by: London Business School.
    Award: One award of up to 50% of fees.
    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*.
    Application format: All candidates 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.
    Award: Up to five awards of up to £30,000.
    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.
    Application format: All candidates will be considered automatically for these awards.


    London Business School Technology and Engineering Scholarship


    Funded by: London Business School.
    Award: One award of up to 50% of fees.
    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.
    Application format: All candidates will be considered automatically for this award.

  • Scholarships by nationality/residence

    The African Scholarship


    Funded by: Alumni and friends of London Business School
    Open to: All successful African applicants 
    Award: One award of £20,000
    Application format: Candidates who apply 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 fees.
    Application format: Candidates who apply will be automatically considered for this award.


    Blavatnik Scholarship


    Funded by: Blavatnik Family Foundation
    Open to: All successful MBA applicants that are nationals of Russia, CIS countries or Israel.
    Award: One award of £20,000.
    Application format: Candidates will be automatically considered for this award.


    Borrows Scholarship


    Funded by: Alumnus Simon Borrows MSc19(1985) 
    Open to: All successful MBA applicants that are residents or nationals of the UK.
    Award: One award of £22,000.
    Application format: Candidates will be automatically considered for this award.


    CAP Scholarship


    Funded by: Dinswade Trust 
    Open to: All successful MBA applicants that are residents or nationals of the UK.
    Award: Two awards of £20,000.
    Application format: Candidates will be automatically considered for this award.


    London Business School 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 will be automatically considered for this award.


    Elof Hansson Foundation Scholarship


    Funded by: Elof Hansson Foundation
    Open to: All successful MBA applicants that are residents or nationals of Sweden.
    Award: First year fee.
    Application format: Candidates will be automatically considered for this award.


    4 Daughters Scholarship


    Funded by: 4 Daughters Charitable Trust and alumnus Emanuel Mond MSc16(1983)
    Open to: All successful MBA applicants who are residents of Israel. 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 will be automatically considered for this award.


    Gonzalo R Garcia MBA1993 Scholarship


    Funded by: Alumnus Gonzalo R Garcia MBA1993 and Maria Garcia 
    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 £35,000.
    Application format: Candidates will be automatically considered for this award.


    Huw Jenkins Scholarship


    Funded by: Alumnus Huw Jenkins MSc21(1986)
    Open to: Nationals and residents of the UK.
    Award: One award of £25,000.
    Application format: Candidates will be automatically considered for this award.


    London Business School 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 will be automatically considered for this award.


    LIFE Scholarship (for Lebanese nationals)


    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: Lebanese nationals (or students of Lebanese descent) who wish to go into financial services. Candidates should have a strong academic performance and be able to articulate (via interview) their reason for pursuing financial services.
    Awards: $24000 ($12000 for each of the two years)
    Application format: MBA candidates who receive an offer for the MBA programme which starts in August 2016 will be automatically considered for this award. The recipient of the award will be chosen by LBS and LIFE jointly.


    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 will be considered automatically for this award.

    Mikhalitsi - O'Dwyer Scholarship 


    Funded by: Alumni Marianthi O’Dwyer MBA1997 and Michael O’Dwyer MBA1998
    Open to: All successful MBA applicants of Greek or Irish nationality. 
    Aim: The aim of the scholarship is to help increase the number of talented candidates joining the London Business School from those countries. 
    Award: One award of £35,000. 
    Application format: All candidates will be automatically considered for this award. An assessment of financial need may be carried out.

    Mo Ibrahim Foundation Scholarship 


    Funded by: Mo Ibrahim Foundation
    Open to: All successful MBA applicants who are nationals of African countries. 
    Award: Full fees.
    Application format: Candidates will be automatically considered for this award.


    MSc05 Scholarship


    Funded by: Alumni from the class of MSc05(1972) 
    Award: One award of £20,000.
    Open to: All successful  MBA applicants
    Application format: All candidates will be automatically considered for this award.


    MSc17(1984) Scholarship 


    Funded by: Alumni from the class of MSc17(1984)
    Open to: All successful MBA applicants who are nationals or residents of the UK.
    Award: One award of £20,000
    Application format: Eligible candidates will be automatically considered for this award.


    Muna Al Gurg Scholarship 


    Funded by: Alumna Muna Al Gurg DLEMBA2009
    Open to: All successful MBA and EMBA Admits who are residents of GCC region. 
    Award: One award of £50,000. 
    Aim: These scholarships are intended to attract exceptionally gifted and talented students from the region to London Business School. 
    Application format: All eligible candidates will be automatically considered for this award. 

    Stolyarenko Scholarship


    Funded by: The Stolyarenko Family Office

    Open to: All successful candidates across full-time degree programmes who are Russian nationals and residents
    Award: One award of £35,000

    Application format: All eligible candidates will be automatically considered for this award.


    London Business School USA / Canada Scholarship


    Funded by: London Business School
    Open to: All successful MBA applicants from the USA and Canada.
    Recipients will be expected to assist with the School's marketing efforts in the region.
    Award: Multiple awards of varying amounts up to first year fee.
    Application format: Candidates will be automatically considered for this award.


    Vodafone Group Foundation Scholarship - The Sir Christopher Gent Awards


    Funded by: Vodafone Group Foundation
    Open to: Residents of Africa, India, Turkey and Asia-Pacific
    Award: Three awards of £20,000.
    Application format: Candidates who apply in Rounds 1, 2 or 3 will be automatically considered for these awards.

    Wili and Ilse Scholarship


    Funded by: Anonymous donor 
    Open to: All successful Brazilian MBA applicants. 
    Award: One award of £10,000
    Application format: Candidates 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:

Tom Vanneste, MBA Scholar, 2014

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