London Business School, UK MBA programme

• accelerate an existing career path
• change your job function, the industry you work in, or the country in which you work.
• develop your own business

• Intellectual capacity
• Management potential
• Personal motivation and maturity
• Team skills
• International exposure
• Language ability

Intellectual Capacity
A good undergraduate degree or an equivalent qualification is required. We also consider candidates who do not have a degree if they have worked in a position with a high level of responsibility.

Management Potential
We want people who can assume leadership roles throughout the world, not people who simply know about business disciplines. We therefore ask for work experience and consider your past performance when assessing your suitability as a future leader.

Personal Motivation & Maturity
The MBA is a demanding experience which can change your life. We look for evidence that participants will be reflective, energetic, mature and realistic as well as ambitious and highly motivated.

Team Skills
We place particular emphasis on working in multicultural groups. We need to be certain that candidates will share in the development of their fellow team members and contribute to the learning environment of the School.

International Exposure
Our MBA is a truly international programme with students from over 70 countries. The students who benefit most are those with an international outlook, or those who can build on existing international exposure.

Language Ability
The Programme is taught in English. If English is not your native language you will need to take the TOEFL, IELTS or other reputable test. This requirement will not be compulsory for applicants who have lived in an English speaking country for over 2 years or have been educated in English.

Tuition Fees for MBA2006
MBA tuition fees for the next MBA class commencing in September 2004 are as follows:

Payment of fees | Estimated Living Expenses

Payment of Fees
If you are offered a place on the MBA Programme you will be given a specific date by which you should respond and pay a non-refundable Commitment fee of GBP 1500 should you decide to accept your offer. Students commencing the Programme in 2004 will also need to pay their non-refundable Reservation Fee of GBP 6000 by 18 June 2004, (for applicants from Stages 1-3) and 23 July 2004, (for applicants from Stage 4). Both the Commitment and Reservation Fees will be deducted from the total tuition fee liability.

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Estimated Living Expenses
To help you estimate the financial obligations required to attend London Business School, the following annual budget is provided. The figures were taken from a survey of MBA 2004, and the expenses that they incurred over their last academic year. From the figures shown you will see that the level of expenditure incurred depends greatly upon lifestyle.

Note:
**Health Insurance is not required in the United Kingdom as everyone is entitled to free health care through the National Health Service.

Funding the MBA
London Business School strongly advises applicants to its MBA Programme to research all available financing options well in advance of submitting an application. All potential applicants should aim to maximise their savings and minimise their debt before starting the programme in order to increase their borrowing capacity.

Scholarships: Each year several scholarships are awarded to outstanding candidates.

Bank loans: These include the HSBC-London Business School loan, which unlike most loan schemes, can provide funding to cover not only tuition fees, but also living costs.

Other funding: Apart from the loans and scholarships that are available to incoming students, many outside sources can provide financial aid to MBA participants.

For further info

Data has been taken from london.edu

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