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Ameer Khatri MBA Consultant

LBS MBA

July 4, 2023

730

Avg. GMAT

5.7

Avg. Age

6 Yrs.

Avg. Exp.

450

Class Size

15-21 

Months Duration

Table of Contents

What is a good GMAT score for LBS MBA?

Short Answer – The average GMAT score at LBS is 730 for the last entering class. If you score above 730, you have a fair shot and you will receive an encouraging response to your profile evaluation from the admission committee. 

Long Answer – There is no such thing as a safe score, higher is always better. In our years of consulting experience, we have seen our clients with 640 getting selected into top schools like INSEAD and on the other hand, someone with a 770 getting rejected too. A good benchmark that we advise all our clients to beat is the average GMAT score of the last entering class as mentioned in the Class profile published every year. Scoring above the average gets you a fair shot; 

“The higher your score, the better is it for your interview or admission chance.” 

If you plan to apply with a score that is below the average, then you are starting a fight with one hand tied behind your back or, let’s say, you are starting a few yards behind your competitors. You can definitely catch up in other sections of the application by writing outstanding essays or performing really well in an interview later. But it is always nice to start ahead of the competitor. A higher GMAT score helps one gain a competitive advantage.

“What if you are from the over represented Indian or Asian Pool?”

The over-represented candidate pool of Indian or Chinese applicants usually goes through a rigorous preparation process for GMAT, with a lot of Indian applicants scoring quite high. Hence, the overall competition and the Average score for this diaspora goes up by a few notches. That is why we recommend candidates within the most over-represented profiles to shoot at least 20 points higher than the school’s class profile average. 

 

Average Employment Salary after LBS MBA?

The average salary at LBS Paris for the last graduating class was £90,789. 91% of the class was employed with 3 months of graduation with majority of class going into consulting (21%), Finance (23%) and technology (29%) oriented functional roles. 

Our 2022 class – made up of 65 nationalities – secured roles in 40 locations around the world, with 63% of the class choosing to start their post-programme careers in the UK.

Key Employers

91%

Employed within 3 months of graduation

88,000

Avg. Salary

 

37%

Consulting

27% 

Finance

29%

Technology

17% 

others

 

€90,700 

Tuition Fee

€ 60,000

Living Cost

150,700

Cost of Attendance

Tuition Fees & Scholarship at LBS

The Tuition fees for LBS MBA is € 90,700 and an additional  € 60,000 in living cost. 

Our Scholars Community represents some of our brightest talent.To ensure we attract and support the very best, admitted students are automatically considered for all merit awards.

 

Important Scholarships

Quick Overview & Rankings

16

FT Rankings

NA

US News

5

QS Top MBA

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Deadlines

LBS Application Essays

  • What are your post-MBA goals and how will your prior experience and the London Business School programme contribute towards these?
  • Is there any other information that you believe the Admissions Committee should know about you and your application to London Business School
  • Tell us about your responsibilities. Describe your day-to-day role, details of any clients you work with/for, the level/title of the person you report to, the size of budget for which you are directly responsible and the number of people in your team.
  • Please tell us about your main interests and activities in your free time.
  • Please tell us your most significant international experiences to date.

LBS Recommendation Ques.

  • How do you know the applicant? How long have you known them for?
  • If this is a work-related reference, in what position is/was the candidate employed and for how long? (No word limit)
  • What do you consider to be the candidate’s principal strengths/talents? (No word limit)
  • What do you consider to be the candidate’s weaknesses or areas that need improvement? (No word limit)

Application Process & timeline

We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks

Step 1

GMAT / GRE Score

2-3 months.

If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average. 

Step 2

Profile Evaluation

 1-2 weeks.

Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile

Step 3

Application Prep

3-4 weeks at least. 

Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.

Step 4

Interview Prep

1 week

School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.

FAQs about LBS MBA

We do recommend competency in at least one language other than English by graduation, particularly if you want to work in a specific region or country.

Language classes are offered based on demand; please note, some restrictions may apply.

The programme is taught by members of London Business School faculty, with language teaching conducted by specialists from the Modern Language Centre at King’s College, London. King’s College, like LBS, is part of the University of London. For some skills teaching, LBS faculty are assisted by external specialists in management skills development. 

You will usually take four courses at any one time. Typically these will involve a weekly three-hour class. You should expect to spend about two and a half hours in private study, group meetings and group work for every hour in the classroom. You will also participate in Career Centre sessions, workshops and activities throughout the term. 

The Tuition fee is 90,700€, and must be paid by Credit card when you submit your application. 

Students with a relevant postgraduate or professional qualification, gained within the last 10 years, may be able to obtain a waiver from certain core courses. In addition, students with significant and demonstrable experience in certain professional areas may also be considered for a waiver from the relevant core course through passing a qualifying test or examination.

MBA2021 students were able to apply for waivers from the following subjects:  Data Analytics for Managers, Microeconomics for Managers, Macroeconomics for Managers. Please note: all waivers are reviewed annually.

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What Can We Do For You?

Profile Evaluation

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Application Prep

We help guide our clients through the entire application journey

Interview Prep

Need Help with your Interview Prep? We got you covered via mock interviews

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