LBS MBA Scholarships: Funding Your Business Education


 Pursuing an MBA at London Business School (LBS) is a major financial commitment, with tuition fees for the 2025 intake set at £119,950. But, LBS offers a range of scholarships to help students manage their costs, making the program more accessible to talented individuals worldwide. If you are considering an LBS MBA, understanding the available scholarships can help you plan your funding effectively.

This guide covers the different LBS MBA scholarships, eligibility criteria, and the application process to help you navigate your options.

Why Scholarships Matter for LBS MBA Applicants

An MBA from London Business School provides global career opportunities, but tuition and living costs in London can be high. Scholarships help ease this financial burden by offering partial or full tuition coverage. LBS offers merit-based, need-based, and diversity-focused scholarships to attract talented professionals from different backgrounds.

If you are applying to LBS MBA, researching these scholarships early can help you secure financial support.

Types of LBS MBA Scholarships

1. London Business School Fund Scholarships

  • Available to all successful MBA applicants.

  • Awarded based on academic and professional merit.

  • Covers partial to full tuition fees.

This is one of the most competitive LBS MBA scholarships and is automatically considered for all admitted students. If you have a strong academic record and leadership experience, this could be a great opportunity.

2. Scholarships for Women

LBS is committed to increasing the number of women in business leadership roles. To support this, the school offers multiple scholarships specifically for female candidates.

London Business School MBA Scholarships for Women

  • Open to all successful female MBA applicants.

  • Aims to encourage more women to pursue business leadership.

  • No separate application is needed—considered automatically.

The 30% Club Scholarship MBA

  • Supports one exceptional woman each year.

  • Awarded to a candidate expected to make a significant impact in business and society.

  • Requires an additional application.

Laidlaw Women’s Leadership Fund

  • Designed for outstanding women who may not afford an MBA.

  • Encourages diversity and leadership within the LBS MBA program.

If you are a woman aspiring to business leadership, these scholarships can help make your MBA dream a reality.

3. Regional and Diversity Scholarships

LBS encourages a diverse student body, offering scholarships to candidates from specific regions or underrepresented backgrounds. Some notable ones include:

  • The African Scholarship – For students from Africa with strong leadership potential.

  • The Latin America Scholarship – Supports students from Latin American countries.

  • The SARI Foundation Scholarship – For students from developing economies, focusing on positive social impact.

If you come from an emerging market, these LBS MBA scholarships can help reduce the financial burden of studying abroad.

4. Industry-Specific and Leadership Scholarships

Some scholarships are targeted at professionals from specific industries or those demonstrating outstanding leadership skills.

  • The BK Birla Scholars Program – For candidates with a strong track record in business or entrepreneurship.

  • The Mo Ibrahim Foundation Scholarship – Supports African students committed to governance and leadership.

  • The Social Impact Scholarship – Encourages professionals from non-profit and social enterprise backgrounds.

If you have experience in these areas, applying for these scholarships can significantly help finance your MBA.

Application Process for LBS MBA Scholarships

Most LBS MBA scholarships do not require a separate application. If you receive an offer for the MBA program, you are automatically considered for many scholarships based on merit and background. However, some require an additional essay or financial need statement.

Steps to Apply for LBS MBA Scholarships:

  1. Submit a strong MBA application – Scholarships are awarded to candidates with impressive academic and professional achievements.

  2. Check specific scholarship requirements – Some may require additional essays or financial documents.

  3. Apply early – Some scholarships have limited funding, and applying in earlier rounds increases your chances.

  4. Demonstrate leadership and impact – Many scholarships prioritize applicants who show potential to contribute to business and society.

By preparing your application carefully, you can improve your chances of securing financial support.

Other Financial Aid Options at LBS

Beyond scholarships, London Business School provides other financial aid options, including:

  • Bursaries – Need-based grants for students facing financial difficulties.

  • Loans – Various funding options, including Prodigy Finance, LBS Loans, and country-specific programs.

  • External Scholarships – Some organizations and governments provide funding for MBA students.

If you do not receive an LBS MBA scholarship, exploring these options can help finance your studies.

Conclusion

An LBS MBA is a life-changing opportunity, but the costs can be high. Thankfully, LBS MBA scholarships provide financial support to outstanding candidates, helping them achieve their career goals without excessive financial strain.

If you are applying to LBS, take the time to research scholarships, prepare a strong application, and explore additional funding sources. Investing in your education at LBS can open doors to a global network, top-tier career opportunities, and leadership roles in various industries.

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