London Business School 2026-27: Tuition fees and Scholarships

London Business School fees for Indian students in the 2026 intake sit at £123,950 (INR 1.58 Crore) for the two-year MBA and £52,950 (INR 67.44 Lakhs) for the Masters in Management. LBS is a postgraduate-only school in Regent’s Park; there is no undergraduate route. Indian applicants concentrate on the MBA, the Masters in Finance, and the Masters in Management, with the Masters in Financial Analysis and Masters in Analytics and Management adding smaller cohorts.

The August 2026 MBA cohort and September 2026 Masters cohorts are effectively closed to fresh Indian applicants because 3 to 8 week Student Visa (the study route for Indian students in the UK) processing rules out any late-window entry. Your realistic entry is the August 2027 MBA or the September 2027 Masters intake, with LBS opening Round 1 applications in late August 2026, the round that carries the deepest scholarship pool.

• Two-Year MBA programme tuition: £123,950 (INR 1.58 Crore)
• One-Year MBA programme tuition: £77,950 (INR 99.28 Lakhs)
• Masters in Finance programme tuition: £67,950 (INR 86.54 Lakhs)
• Masters in Management, MFA, MAM programme tuition: £52,950 (INR 67.44 Lakhs)
• LBS India Scholarship for one MBA admit each year: £35,000 (INR 44.58 Lakhs)

An MBA at London Business School lands at roughly INR 1.96 Crore across the programme once London living costs, the Student Visa fee, and the Immigration Health Surcharge (IHS, the NHS access fee paid upfront with the visa) stack onto tuition. The Masters in Management totals around INR 97 Lakhs on the same basis.

Also read: Admission Requirements for Indian Students at London Business School 

Exchange rate used throughout: 1 GBP = INR 127.36, source: xe.com, fetched 29 July 2026 IST.

London Business School Tuition Fees by Programme for Indian Students

London Business School charges a single programme-total tuition figure per degree, not an annual fee, even where the programme runs longer than 12 months.

• The 2026 intake tuition ranges from £52,950 (INR 67.44 Lakhs) for the shortest Masters options to £123,950 (INR 1.58 Crore) for the flagship two-year MBA.
• Indian applicants who submit in early rounds are auto-considered for merit awards that materially reduce these figures.

London Business School Postgraduate Fees for Indian Students

LBS does not offer undergraduate degrees; every programme in the fee table below is a Masters, MBA, or PhD offering.

• The two-year MBA fee covers the full 15 to 21 month duration regardless of the exit point you choose.
• Masters programmes are billed once for the whole 10 to 16 month duration.

Cost of Living in London for London Business School Students

London Business School’s own budgeting guidance estimates student living costs at £1,300 to £1,500 per month (INR 1.66 to 1.91 Lakhs), covering accommodation, food, transport, and personal expenses. The higher end of that range is the realistic monthly figure for an MBA cohort living within Zone 1 or 2 near the Regent’s Park campus, given central London rent pressure. Annualised, a £1,500 monthly budget totals £18,000 (INR 22.92 Lakhs).

Source: London Business School official cost of living guidance for students (london.edu), fetched 29 July 2026 IST; category-wise ranges cross-checked against Numbeo Cost of Living in London, July 2026 (numbeo.com/cost-of-living/in/London).

London Business School Scholarships for Indian Students

London Business School auto-considers every admitted student for its merit scholarship portfolio, so there is no separate application form.

• For Indian applicants the flagship award is the LBS India Scholarship at £35,000 (INR 44.58 Lakhs), given to one MBA admit each year.
• External Indian awards from Inlaks, JN Tata, KC Mahindra, and Narotam Sekhsaria stack on top and can push total funding past INR 60 to 80 Lakhs for a well-positioned applicant.

London Business School Internal Scholarships for Indian Students

Every admitted MBA and Masters candidate is auto-considered for LBS’s merit awards. There is no separate form; your application essays and profile are the scholarship application.

Source: London Business School Fees, Financing and Scholarships pages for MBA, MiM, MFin (london.edu); LBS India Scholarship value cross-referenced against Collegedunia scholarship listing (collegedunia.com/scholarship/70-london-business-school-india-scholarship). 

London Business School Tuition Deposit and Payment Options

The MBA commitment deposit at London Business School is £3,500 (INR 4.46 Lakhs), due within roughly four weeks of your offer, and it holds your seat plus counts toward tuition. The reservation fee that follows is £6,500 (INR 8.28 Lakhs), due by the end of May before the August programme start, and it also deducts from tuition. Both fees are non-refundable if you withdraw but neither is a cost above tuition.

Methods of Payment for International Students at London Business School

• Bank transfer / telegraphic transfer: The traditional route; slower and can lose 2 to 3 percent to correspondent bank charges and FX spreads.
• LBS’s official international payment provider: LBS routes overseas fee payments through Flywire, its designated global fee-payment platform. The Flywire dashboard shows the INR equivalent upfront and typically undercuts a raw wire on FX.
• Forex card: A Wise, Niyo Global, or IDFC forex card holds GBP at close to interbank rates. Best used for the smaller commitment deposit stage where speed matters.
• Education-loan disbursement: HDFC Credila, Avanse, Auxilo, and public-sector banks disburse directly to LBS in GBP; your loan file needs the CAS (the Confirmation of Acceptance for Studies, the sponsor document LBS issues once you accept the offer and pay the deposit) copy for release.

Steps to Pay the Tuition Fee for International Students at London Business School

1. Accept the offer within the deadline in your offer letter (typically 3 to 4 weeks).
2. Pay the commitment deposit of £3,500 (INR 4.46 Lakhs) for MBA (£2,000 / INR 2.55 Lakhs for Masters) via Flywire or a bank transfer.
3. Wait for the LBS reservation fee invoice, and pay £6,500 (INR 8.28 Lakhs) by end of May for MBA, or the second Masters instalment of £6,000 to £8,000 (INR 7.64 to 10.19 Lakhs) within eight weeks of the offer for Masters programmes.
4. Receive your CAS from LBS once the reservation fee clears; apply for the UK Student Visa immediately after.
5. Pay the balance in instalments at the start of each term (typically September and January), or in one lump at programme start. Keep every payment receipt for the visa file and for future loan-related tax deductions under Section 80E.

Hidden Costs of Studying at London Business School

Beyond tuition and rent, an Indian student at London Business School spends another INR 6 to 9 Lakhs in Year 1 on visa, immigration health, GMAT, and setup costs that families routinely underbudget. The IHS lump is the single largest of these and falls due upfront with the visa application, not after arrival.

• UK Student Visa application fee: £558 (INR 71,067) from 8 April 2026, up from £524; paid at visa filing.
• Immigration Health Surcharge (IHS): £776 (INR 98,832) per year of visa granted; for a two-year MBA visa you pay roughly £1,552 to £2,328 (INR 1.98 to 2.96 Lakhs) as a single upfront charge with the visa.
• GMAT or GRE test: USD 300 (INR 25,000) per attempt; most Indian LBS admits take the test twice, budget INR 50,000.
• Application platform, LBS reapplication fees: LBS application fee is £200 (INR 28,019) for MBA and £125 (INR 19,104) for Masters programmes, non-refundable.
• Setup costs after arrival: Deposit and first month rent, bedding, cookware, winter clothing come to INR 2.5 to 3.5 Lakhs in the first fortnight.
• Budget approximately INR 6 to 9 Lakhs for first-year hidden costs on top of the total-cost table above.

Also read: UK Student Visa Requirements for Indian Students 

London Business School Fee Saving Strategies for Indian Students

The single highest-value fee-saving lever for the August 2027 LBS intake is submitting your MBA application by Round 1 in early September 2026, which puts you in the deepest pool for the LBS India Scholarship of £35,000 (INR 44.58 Lakhs) and the LBS Fund awards of £6,000 (INR 7.64 Lakhs) each. Round 2 in January 2027 still qualifies for scholarships, but the awarded pool is materially thinner by then.

• Apply in Round 1 for maximum scholarship consideration. LBS’s own guidance signals that the India Scholarship and LBS Fund awards are weighted toward R1 and R2 applicants; R3 and R4 applicants are auto-considered but the pool is largely committed.
• Share a flat in Zone 1 to 2 rather than a solo studio. A three-flat share in Camden or Marylebone brings rent to around £950 (INR 1.21 Lakhs) per head; a solo studio near Regent’s Park runs at £1,600 plus (INR 2.04 Lakhs). Over 18 months this alone saves INR 14 to 16 Lakhs.
• Use LBS’s Flywire route for tuition, forex card for smaller payments. Trimming 2 percent off the FX spread on £123,950 saves roughly INR 3.16 Lakhs on the full MBA tuition; on the commitment deposit alone it saves close to INR 9,000.
• Claim Section 80E on the education loan interest. Interest on your MBA education loan is fully deductible under Section 80E for up to 8 years; on a INR 1.9 Crore loan at 10.5 percent the first-year deduction alone is close to INR 19 to 20 Lakhs, cutting your parents’ or your own tax bill materially.
• Use the UK Graduate Route to repay faster. The Graduate Route (the post-study work visa currently in force) lets Masters graduates stay and work in the UK for two years after the programme ends. At the LBS Class of 2025 average base of £91,928 (INR 1.17 Crore) per year, two years of UK-based earnings compress the effective loan payback horizon to under three years.

Is London Business School Worth the Cost for Indian Students

London Business School is worth the INR 1.96 Crore two-year MBA sticker for an Indian student targeting consulting, finance, or technology roles in London, given the Class of 2025 posted 88 percent of graduates with job offers within three months and an average base salary of £91,928 (INR 1.17 Crore) per year.

• The two-year post-study Graduate Route means Indian graduates can earn in GBP for two full years before making a career or country decision.
• The employment picture is concentrated in three sectors: consulting takes roughly 42 percent of graduates, finance around 26 percent, and technology 21 percent. Base salary is the visible number; sign-on bonuses and performance-linked pay add another 20 to 40 percent of base for the top pathways at LBS, particularly consulting and finance.
• On the numbers, a fully-loaned INR 1.96 Crore education loan at 10.5 percent over 10 years produces a monthly EMI of about INR 2.65 Lakhs. At the LBS Class of 2025 average base, the pre-tax monthly gross of roughly INR 9.76 Lakhs covers the EMI at 27 percent, leaving genuine room to live, save, and clear the loan on an accelerated schedule. 

The UK Graduate Route currently gives a two-year post-study visa on the strength of your LBS Masters or MBA, and there is no offer of employment required to trigger it. For most Indian LBS graduates, the practical payback horizon on the full loan runs three to five years post-graduation, with the Graduate Route absorbing the first two.