The decision to pursue further study can be a daunting one. It involves a significant amount of time, commitment and uncertainty. Once you have made this commitment you will be faced with making several difficult choices such as determining which school, what kind of programme and which length of study is right for you.
At London Business School, we pride ourselves on flexibility. From our Masters in Management to our Sloan programme, we have a range of programmes that accommodate a breadth of experience levels, professional backgrounds and time commitments. We encourage you to explore the many resources we have available to help you make the right decision for you. The profiles of our Student Ambassadors from our MBA programme showcase the diversity of not only London Business School, but also of the Africa Club in general. We encourage you to reach out to them to find out about what makes London Business School so unique and how the community within the Africa Club has been instrumental in shaping their experience at London Business School. The FAQs, while having a focus on the MBA programme will hopefully provide some of the answers to help you better decide which programme is right for you.
- Programme: Masters in Finance
- Nationality: Nigeria
Opeoluwa was raised in Lagos, Nigeria and holds a Bsc in Accounting from the University of Lagos. He started his career as an external auditor at KPMG covering various clients in the financial services industry in Nigeria. He later joined thedeals advisory group at PricewaterhouseCoopers where he advised clients in the industrials, energy and financial servicessector on mergers, acquisitions, capital raising and divestitures. He completed his professional accountancy qualification while at PricewaterhouseCoopers and decided to pursue the Masters in Finance degree at London Business School to deepen his financial competence and also experience the global diversity of the programme. In addition to being a student ambassador, Opeoluwa is a member of the Africa club Executive Committee. In his free time, he also enjoys bowling, cycling and travelling. He is currently studying French and hopes to attain fluency beyond his current vocabulary of “Bonjour” and “Merci”.
- Programme: Masters in Management
- Nationality: Morocco
Soraya was born and raised in Casablanca, Morocco. She moved to Paris France where she completed a Bachelor in Business Administration at ESSEC Business School. As part of her studies, she had various experiences in banking and insurance both in Morocco and France. She had the opportunity to study abroad in South Carolina for a semester and at King’s College London for a year. She chose to stay in London and is now reading for a Masters in Management at London Business School, where she undertook an executive role in the Africa club. In her spare time, she enjoys travelling, discovering new cultures, which is why she challenged herself to learn Mandarin this year.
- Programme: MBA
- Nationality: British
Ricky was born and raised in Lagos, Nigeria and moved to London at the age of 12 with her family. She qualified as a chartered accountant with KPMG. Before arriving at London Business School, Ricky worked for two years as a Senior International analyst, providing oversight of funding in Sub-Saharan Africa with the Wellcome Trust, a UK based Global charity supporting scientific research to improve human and animal health. In her spare time, Ricky was involved in a number of start-ups including a wedding cake boutique and a charity aimed at empowering West African women from disadvantaged backgrounds. London Business School was an obvious choice for Ricky because of its formidable reputation and international diversity. As part of the MBA, she is studying French to enhance her mobility across the African continent, and hopes to unify her experiences and make the right next move in her career. In addition to being a student ambassador, Ricky is a student representative; she has taken on executive roles within the Africa club and Impact Consulting club and is an active member with the Women Touch Rugby club.
- Programme: MBA
- Nationality: South African
Nono was raised in Johannesburg, South Africa and graduated from Wits University with a Bachelor of Accountancy. She began her career with Deloitte and was admitted to the South African Institute of Chartered Accountants. Before deciding to do her MBA at London Business School, she spent four years working in Anglo American’s Corporate Finance team on large scale M&A deals in emerging markets such as Brazil, Chile and South Africa. In addition to being a Student Ambassador, Nono is an executive member of the Africa club, she believes LBS provides a unique platform to remain engaged in discussion on doing business in emerging markets, while maintaining a global outlook. She is also co-Chair of the 2015 Women in Business Conference Committee and is keen to create opportunities for women to learn from, inspire and connect with one another. Outside of school, Nono enjoys travelling and fine dining, and is looking forward to participating in the many student organised treks during her MBA.
Tuition fees for the MBA starting in August 2015 are £67,750. This includes all tuition and required course reading materials.
Financing your course
The Prodigy Finance Loan Programme and a range of scholarships are open to MBA students. London Business School also offers a wide range of scholarships. Most are available to successful applicants who apply in Stages 1, 2 and 3 of the MBA application process. The below are of particular relevance to candidates applying from Africa.
The Mo Ibrahim Foundation Scholarship for Sub-Saharan Africa
- Funded by:The Mo Ibrahim Foundation.
- Open to:All successful MBA applicants who are nationals of sub-Saharan Africa. Recipients of the award are expected to contribute to the School’s marketing efforts in the region.
- Award:Two full fee awards.
- Application Format:Candidates who apply in Stages 1, 2 or 3 and receive an offer for the class of MBA2017 will be automatically considered for this award.
The Gallifrey Scholarship for Social Enterprise
- Funded by:An anonymous alumni donor.
- Open to:All successful MBA, EMBA and Sloan Masters applicants who have a background in social enterprise* with a preference for women and/or candidates residing in Africa.
- Application Format:Candidates applying in Stages 1, 2 or 3 who receive an offer for the class of MBA2017 will be automatically considered for this award.
The Nestle Emerging Markets Scholarship for Women
- Open to:Women from BRIC and emerging markets in Asia and Africa.
- Award:Two awards of £30,000.
- Application Format:Candidates applying in Stages 1, 2 or 3 who receive an offer for the class of MBA2017 will be given details on how to apply for this award.
THE AFRICA CLUB EARLY CAREERS SCHOLARSHIP
- Funded by: London Business School.
- Open to: All successful Masters in Management and Masters in Financial Analysis applicants from Africa.
- Award: Two awards of £7,500.
- Application Format: Candidates applying in all stages who receive an offer for the class of 2017 will be automatically considered for this award.
I come from a non-traditional background. What are my chances of being accepted into the MBA?
The MBA at London Business School is made up of a professionally diverse student body. We welcome applications from people who have worked in a variety of sectors. In the past we have a range of professional backgrounds including: doctors, vets, an opera singer, a theatre director and even a NFL football player!
How many years of work experience do I need before I can apply to the MBA?
The average amount of work experience is 5.5 years. Admission may be granted to candidates with less than three years work experience if they can demonstrate superior academic credentials and truly outstanding evidence of leadership through professional and personal experiences.
What GMAT score is acceptable? What is the average score?
The GMAT is only one part of your application. The average GMAT score for the MBA 2015 class is 700, with a range of 600-790.
I have taken the GMAT more than once. Which score do you use?
We will use your highest score. You must ensure that your GMAT score is still valid on the 1 September for the year you will be matriculating. GMAT scores are valid for five years from the date you take the test.
What kind of people is the MBA aimed at?
The MBA is aimed at people who have gained some high-quality work experience, but who are at a relatively early stage in their career.
The programme is suitable for people who want to increase their knowledge of business and management to:
- Enhance their existing career and accelerate their promotion prospects
- Change career by changing function, or industry
- Start their own business.
The highly international nature of the programme also makes it suitable for people who want international mobility.
Can I study the MBA part-time?
Yes. The Executive MBA is a part-time programme designed for those in full-time employment. In the 20-month programme, classes are run fortnightly on Fridays and Saturdays during the first year of the programme. In the second part greater flexibility is offered as electives can be chosen which run at different times, including in the evenings or at weekends. The average EMBA is a mid-career manager with an average of 10 years’ experience. Find out more about the Executive MBA.
MBA or the Masters in Finance?
You should consider the 10-16 month Masters in Finance as well as the MBA if you are absolutely sure you want to pursue a career in finance. The Masters in Finance provides a curriculum of pure finance. The 15-21 month MBA covers all aspects of general management as well as providing the opportunity to specialise in finance. London Business School’s elective portfolio is open to all London Business School degree programmes (with the exception of the Masters in Management), and so if you choose to specialise in finance on the MBA you will study alongside Masters in Finance students.
A key difference between the MBA and Masters in Finance programmes is the work experience requirement: in order to qualify for the Masters in Finance, applicants must have relevant work experience within the Finance Industry. Those who do not have relevant finance experience will find that the MBA provides the right training and opportunities to move into a finance career. Find out more about the Masters in Finance.
I have just graduated with my first degree – will you consider me?
Admission may be granted to candidates with less than three years’ work experience, who present superior academic credentials and truly outstanding evidence of leadership through professional and personal experiences. We insist on students having good postgraduate work experience as our collaborative style of learning from the diversity and excellence of peers is a key feature of our MBA.
If you have just graduated you may like to learn more about our Masters in Management – designed for recent graduates with less than two years of full-time postgraduate work experience and the motivation and desire to build a strong foundation for a career in business.
I do not have a degree. Will you still consider me?
Yes. We are happy to consider non-graduates who have an excellent career record. I have three years’ (or more) work experience, which I obtained while studying for my degree.
Can I reapply for the programme?
Yes, anyone can reapply. However, you should take a look at your last application and check if you have made significant changes in your profile before submitting a new application. Candidates are only permitted to submit one application per academic year.
Our events aim to help you develop a deeper understanding of the programme content, the electives available, our excellent rankings, your peers, and the industry leading professors you can expect at the front of the classroom.
There are several ways to engage with the London Business School community.
ANNUAL PROSPECTIVE STUDENTS PANEL
Our upcoming Africa Business Summit in 26 April will host out inaugural Prospective Students Panel. Here, prospective students will have the opportunity to learn more about the various degree programmes at London Business School from admissions representatives and MBA student ambassadors. Sign up here
MBA INFORMATION EVENTS
Information Events are held on campus monthly. In addition, there are also weekly drop-in sessions on campus on Mondays and Fridays.
PROSPECTIVE STUDENTS INFORMATION EVENTS AFRICA
The Africa Club hosts regular information events across the continent, which gives insight into the application process as well as life at London Business School.
Please contact us for further information
All admitted students are welcomed to London Business School through:
- A welcome phone call
- A welcome dinner in your home city
- A Welcome Session at the Admits Weekend