How to apply

Applications are open from 1 September 2026 to 6 January 2027. Please note that we do not accept late applications.

• Two academic reference letters (online).

• Original GMAT or GRE score report (online), completed within the last 5 years and shared with LBS via the institution’s code.

• Official transcript or certified copy of university grades from all past degrees (online). All final official transcripts or certified copies of university grades (signed and stamped) for degrees awarded.

• All final official certificates or diplomas (signed and stamped) for degrees awarded.

• All up to date transcripts (signed and stamped) for degrees in progress (not yet awarded).

• Valid, original Test of English as a Foreign Language (TOEFL), International English Language Testing System (IELTS) or DuoLingo score report (if required). These tests must have been taken and passed in the last 2 years prior to application submission. TOEFL scores must be shared with the programme via the institutional code.

• Current CV, noting whether qualifications are in progress or the date of award if already achieved.

• We do not accept applications or application documentation via email. Please submit all documents via the online application system.

GMAT and GRE are administered by independent agencies. The tests measure verbal, quantitative and analytical skills and provide an indication of the ability for clear and systematic thought. One of these tests is required from each applicant and the requirement cannot be waived.

For more information on GMAT, visit: https://www.gmac.com/gmat-other-assessments and GRE at www.gre.org.

Your GMAT or GRE score must be shared with LBS directly for review. Please find the relevant codes below:

• London Business School GMAT code is: Z11-J7-75

• London Business School GRE code is: 3491.

Some subject areas state which test they would prefer applicants to take:

• GRE – Economics, Management Science and Operations

• GMAT – Accounting, Marketing.

All applicants must submit a GRE or GMAT score before their application can be considered. Your score is valid for up to five years. Successful applicants typically have a GMAT score above 690 or GRE quantitative and analytical scores above the 80th percentile.

Unless you are an English speaker or have a degree from a university in an English-speaking country, (where the language of instruction was English) according to UK Visa and Immigration policy guidance you must submit evidence of proficiency in English.

Minimum acceptable scores for eligibility for the PhD Programme are at least 600 (paper-based), 250 (computer-based) or 100 (Internet-based) on the TOEFL to be considered for the PhD programme.

Other recognised English language tests (IELTS, DuoLingo) are also accepted. A valid test report, taken in the last 2 years prior to application submission. All test scores must be shared via the appropriate institutional code below.

London Business School institution code for TOEFL is 0898.

The application fee is £75. UK applicants from low-income households who are able to evidence that they were in receipt of full state support for maintenance as an undergraduate at a UK university within the last 4 years are eligible for an application fee waiver.

Applicants who are able to evidence they have a valid Asylum Registration Card or Biometric Residence Permit and Overseas Applicants from any of the countries included on the UN list of least developed countries are also eligible for an application fee waiver.

Individuals who feel that they need a fee waiver but do not meet these criteria may contact the Programme Office explaining their circumstances to request a waiver.

Short-listed applicants will be invited to an interview between January and March. Initial Interviews may be online with follow up interviews taking place in person, depending on the subject area. If you are short-listed, you will be contacted by the relevant subject area who will provide full details of the interview arrangements. If you are invited to attend an in-person interview at LBS, the programme will reimburse reasonable travel costs, accommodation and subsistence.

No, you are not required to contact faculty members before you make an application. Decisions on supervisors are only made after the first year in the programme, so you will have plenty of time to get to know faculty. We do encourage you to read the faculty profiles on our website - to see if our faculty have research interests aligned with your own.

The PhD programme team are not able to contact the faculty on your behalf. Please note that only information submitted via the application system will be considered as part of the application process.

We do not accept transfers. You may be admitted to the programme from year one and apply for exemption from courses already taken. In such cases students will be required to pass a waiver examination. No more than three course waivers are permitted.