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Ameer Khatri MBA Consultant

London Business School MiF

October 10, 2023

730

Avg. GMAT

30

Avg. Age

6 Yrs.

Avg. Exp.

117

Class Size

10-16 

Months Duration

Table of Contents

What is a good GMAT score for London Business School MIF?

Short Answer – The average GMAT score at London Business School 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 London Business School MIF?

The average salary at London Business School for the last graduating class was £72,154. 91% of the class was employed within 3 months of graduation with the majority of the class going into consulting (4%), Finance (87%), and technology (2%) oriented functional roles. 

Along with this students in the MiF program gain a solid grounding in finance and develop the skills to achieve their career goals. They also benefited from additional practitioner modules, digital skills, and topical electives, giving them the expertise to thrive in London-based roles or positions elsewhere.

Key Employers

91%

Employed within 3 months of graduation

72,154

Avg. Salary

 

4%

Consulting

87% 

Finance

2%

Technology

7% 

others

 

£ 52,700

Tuition Fee

£ 30,000

Living Cost

82,700

Cost of Attendance

Tuition Fees & Scholarship at London Business School

The Tuition fee for HEC Paris MBA is £ 52,700 and an additional  £ 30,000 in living costs. 

For many years now, London Business School has been committed to enabling the most talented international students to pursue their studies within their elite business school. There are various scholarships for students such as Tuk-Tam Scholarship, iSchoolConnect Scholarship, Lady Meherbai D Tata Education Trust Scholarship, etc.

Important Scholarships

Quick Overview & Rankings

9

FT Rankings

QS Top MIF

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Deadlines

London Business School Application Essays

  • What are your career objectives and what steps are you taking to achieve them? What alternatives are you considering? What geographical region do you hope to work in? (maximum 500 words)
  • What specific areas of London Business School life are you most excited about getting involved in and where do you believe you will add value to the School Community? (maximum 300 words)

London Business School Recommendation Ques.

  • How long and in what capacity have you known the candidate? (No word limit)
  • 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 London Business School

LBS looks carefully for: academic records; work experience and track record; application and personal statement; references, GMAT/GRE scores; interview performance.

The admissions committee makes a careful, balanced judgment based on all these criteria, both on absolute grounds and also relative to the other candidates being considered.

LBS Careers provides support in 4 ways:

  • Career Development – you will develop the skills necessary to manage your individual career strategy; whether that is conducting an effective job search, accelerating in your organisation or setting up your own entrepreneurial venture.
  • Career Coaching – one-to-one tailored support to give you a better understanding of who you are, what you have to offer and what is right for you.
  • Career and Networking Opportunities – you will have the opportunity to explore and examine different sectors, companies and roles through meeting practitioners and professionals.
  • Career Insights – you will build on your own research by accessing up to date information on employment trends, hiring practices, as well as geographic, sector and company insights

YES, yes can submit your application without a test score. After reviewing your complete application LBS will advise you that:

  • LBS have decided to waive the GMAT/GRE requirement OR
  • LBS have decided to move forward with to interview, but our offer may still be conditional on a strong GMAT/GRE score OR
  • LBS have decided to wait for a test score before making a decision to call you for an interview OR
  • LBS has decided not to consider you for this intake.

In all cases, the Admissions Committee reserves the right to require a strong score on GMAT or GRE before confirming a place in the program.

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