What Is the London Business School?

The London Business School is the graduate business school of the University of London. Founded in 1964 and located in the Marylebone neighborhood of London, the London Business School is routinely ranked among the top business schools in the world.

Key Takeaways

  • London Business School is a world-renowned graduate business school based at the University of London.
  • Its MBA program is known for its emphasis on cultural diversity and international perspectives, and is consistently ranked among the top five MBA programs in the world.
  • In recent years, London Business School's MBA graduates have pursued careers principally in the management consulting, finance, and technology sectors.
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London Business School

Understanding the London Business School

The London Business School is well-known for its Master of Business Administration (MBA) program, which places a high level of emphasis on international business. It is commonly ranked among the best MBA programs in the world by leading publications, such as Businessweek, Forbes, and the Financial Times. Today, London Business School’s MBA program is home to about 500 students, consisting of 66 nationalities, of whom nearly 40% are women. In fact, only 8% of the MBA class of 2021 hail from the United Kingdom.

The school’s faculty is also highly cosmopolitan, with members hailing from 29 countries. These faculty members are spread across the school’s seven major subject areas of Accounting, Economics, Finance, Management Science and Operations, Marketing, Organizational Behavior, and Strategy and Entrepreneurship. The London Business School also operates several dedicated research centers, including the Aditya Birla India Centre, the AQR Asset Management Institute, the Centre for Corporate Governance, the Deloitte Institute of Innovation and Entrepreneurship, and the Leadership Institute.

In addition to its London location, the London Business School also operates a second campus in Dubai, which offers an Executive MBA and maintains partnerships and programs with various universities throughout the world. One notable example of such partnerships is its participation in the EMBA-Global Asia program with Columbia Business School and The University of Hong Kong.

Real World Example of the London Business School

In 2019, the London Business School's full-time MBA program was rated by Forbes as the best international MBA program in the world. It received similar ratings from BusinessWeek and the Financial Times, who both rated it as the world's third-best program. The popular rankings website, Poets & Quants, cited it as the world's second-best international MBA program in 2019.

With annual tuition of roughly over $100,000 USD, London Business School MBA grads saw an average starting salary of just over $100,000 USD in 2019, of which over 90% accepted their offers within three months of graduation. In recent years, these grads have found employment principally in the financial services, technology, and management consulting sectors; with Goldman Sachs (GS), Amazon (AMZN), and McKinsey & Company being among their largest individual employers.