London Business School

No, work experience is not a strict requirement for applying to the Master in Management (MiM) programme at London Business School. The programme is designed for students recent graduates. It is also suitable for those who have completed an internship or have up to two years in the workplace.

Yes, London Business School is certainly expensive for students. With the fee range going to as high as £115,000 for MBA and £129,950 for executive MBA which is above  INR 1 crore . 

Apart from the tution fee, other fees including Hostel fee, transport fee, meals, books and other lifestyle expenses cannot be ignored. 

However, the institute helps it's students by granting scholarship for deserving ones . LBS also encourages their sponsors to help students with merit with financial aids . 

To know more about the institute, candidates can refer to the official website of the institute or shiksha.

LBS MIM fee is £49,950 (Around INR 53.7 L) for the 2025 intake. The fees are exclusive of the travel expenses. In addition to the tuition fees, there is a Student Association fee of £190 that covers the Student Association (SA) subscription, allowing students to participate in the university's vibrant community. Students pursuing an MIM degree are eligible for a few scholarships such as JN Tata Endowment's Loan Scholarship, London Business School Merit Scholarship, MIM Merit Scholarship for Women, MIM Merit Scholarship, etc.

As of 2025, LBS MBA is ranked among the world's Top 10 programs by the Financial Times and boasts a class profile of diverse nationalities. Also, LBS Masters in Finance course ranks at No. 1 position in the Financial Times' ranking (post-experience). The school has a list of notable alumni including Jim Ratcliffe (Founder of Ineos), Kumar Birla (Chairman of Aditya Birla Group), Cyrus Mistry, etc.

Students can take part in any one of the 80+ student clubs at LBS. Also, there are 1,000+ club events every year which students can attend. A few of the student clubs are the Tech and Media Club, Women in Business Club, Retail and Luxury & Goods Club, Foodie Club, Photography Club, etc. Also, with a wide choice of fitness classes, a fully-equipped gym, etc. students can optimize their health and well-being during their school experience.

Hey, if you are thinking of applying to any of it here, it is important to weigh these two options very carefully. On one hand one might be harder to get into than the other, and on the other the salary after graduation might be higher. 

The Full-time MBA duration at Imperial College Business School is 12 months, and MBA at London Business School is 15 to 21 months long. The acceptance rates to both the B-Schools are somewhat similar with Imperial College Business School being 15%, and London Business School acceptance rate being 20%.

The table compares these two best Business schools in depth:

(EUR 1 = INR 88.91)

LBS MBA job outcome rate is around 91%. The MBA graduates of the university secure placement across multiple companies and industries. Some of the top employers of MBA graduates are McKinsey & Company, Google, Wintermute, American Express, Bain & Company, Boston Consulting Group, and many more. The MBA graduates of LBS secure an average graduate salary of INR 20.34 L – 2.13 Cr.