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Key Takeaways:
- The average starting salary for LBS MBA graduates is £85,000, based on the latest employment report.
- 93% of LBS MBA graduates secure employment within three months of graduation.
- The median salary increase for LBS MBA alumni is 107% within three years of graduation.
- The top three industries for LBS MBA graduates are consulting (33%), technology (22%), and finance (21%).
- 53% of LBS MBA graduates change both their job function and industry post-MBA.
Considering an MBA from London Business School (LBS)? One of the most critical factors in your decision-making process is likely the potential return on investment, particularly in terms of your future earnings. The London Business School MBA salary prospects are a testament to the program's value and the opportunities it opens up for graduates. This comprehensive guide delves into the salary expectations for LBS MBA alumni, exploring industry trends, job placements, and long-term career trajectories. We'll provide you with the latest data and insights to help you understand the financial benefits of this prestigious degree.
Average Graduate Salary
Average graduate London Business School MBA salary of class 2021: £85,000 (over INR 80 lakhs)
The financial return of a LBS MBA program is a critical consideration. Graduates often see a significant salary increase, reflecting the program's value in the job market.
The average salary for LBS MBA graduates is a testament to the program's quality. In 2021, the median base salary was £85,000, with bonuses and other compensations like a joining bonus amounting to over £35,000 added to the package. However, this figure varies considerably: ranging between £35,000 dollars and £150,000 thousand dollars plus.
Comprehensive salary breakdown
While the average of graduates varies depending on experience levels, industry sectors, and location, it is undeniable that a London Business School MBA program has a significant leg up when seeking employment making it one of the best options for an MBA abroad.
From graduates earning over £100,000 annually after 3-5 years of experience, there is a lot more to know. For instance, the compensation, and bonus also increase over time developing the London Business School MBA salary potential substantially.
Sector-Wise Opportunities & Earnings
Sectors | Average Salary (£) | Highest Salary (£) | Key Employers |
Consulting | 80,000 | 120,000 | McKinsey, BCG |
Finance | 80,000 | 120,000 | Goldman Sachs, J.P. Morgan |
Technology | 70,000 | 100,000 | Google, Amazon |
Consumer Goods | 60,000 | 100,000 | Unilever, P&G |
The London Business School is highly coveted by employers in a wide array of industries. Its prestigious reputation and rigorous curriculum equip students with the necessary tools for success across areas from finance to media-related fields. Take a glance at the sectoral average graduate London Business School MBA salary:
1. Consulting
Analyzing data, formulating solutions, and maintaining accountability are hallmarks of management consulting. These firms such as McKinsey & Company, Bain & Company, or Boston Consulting Group have an established track record for securing placements for graduates with average compensation packages ranging from £80,000 - £120,000 per annum.
2. Finance
Finance is a highly sought-after career path for graduates, and investment banking, private equity, and hedge funds are some of the largest employers when it comes to offering opportunities. The average graduate salary in the finance industry can range anywhere from £70,000 - £120,000 annually.
3. Technology
The sector of technological advancement is burgeoning, and London Business School MBA graduates find themselves in demand. Names such as Amazon, Google, and Microsoft are among the most influential employers selected from this population. The salary averages in the technology industry out to be anywhere between £70,000 - £100,000 per annum.
4. Consumer Goods
The consumer goods industry is a popular choice for the program. Major employers like Procter & Gamble, Unilever, and Nestle all seek out candidates with these qualifications. The London Business School MBA salary in this sector ranges from £60,000 - £100,000 annually.
Job Placement Records
London Business School MBA career impact has a remarkable record when it comes to helping its students find jobs. Recent data shows that within three months of graduating, 91% of students were able to secure a job offer. Even more impressive is that 94% of students received at least one job offer during this period, underlining the school's commitment to ensuring its students have ample opportunities in the job market.
Top companies hiring
Herein, we shall talk about companies in the top three sectors hiring graduates so that you get a brief idea of the MNCs (paying high-end London Business School MBA salary) that you are willing to be a part of in the future:
Consulting | Finance | Technology |
McKinsey & Co | Credit Suisse | Amazon |
Boston Consulting Group | Goldman Sachs | UBER |
Bain & Co. | Partners Group | American Express |
A.T. Kearney | Bridge Point Capital | Deliveroo |
LBS MBA placements by industry
London Business School's MBA program consistently guides its graduates toward flourishing careers in high-demand industries, with a particularly strong presence in consulting, finance, and technology.
Many alumni find their footing in the consulting domain, stepping into diverse roles within esteemed consulting firms where they apply their strategic and problem-solving expertise to address complex business challenges.
Moreover, finance serves as a primary arena for graduates, landing roles in areas such as investment banking, asset management, and private equity. Simultaneously, the allure of the technology sector continues to grow, attracting LBS talent to innovative roles in tech companies and start-ups.
Global Salary Trends
The Financial Times 2021 Global MBA Rankings reveal that the average three-year post-graduation salary is recorded at USD 178,356. We sought to elucidate the varying London Business School MBA program salary by graduates based on their locations.
These figures provide insight into how well-compensated this specialized degree truly is. Here is a breakdown of London Business School MBA salary across the world -
- Europe: The average remuneration for the program graduates in Europe three years after graduation is USD 159,794.
- North America: The average remuneration of the graduates in the region three years after graduation is USD 196,628.
- Asia: Three years after graduation, the graduates in Asia typically earn USD 151,020.
- Rest of the World: Globally, the average remuneration of graduates after three years is USD 153,550.
LBS MBA Famous Alumni
LBS School stands as a pillar of academic distinction having cultivated a legacy of thought leaders and innovators who have left their exceptional mark in a multitude of fields around the globe. The success rate of LBA alumni echo the core principles and education they received at London Business School.
Name | Position |
Kumar Birla, 1992 | Chairman of Aditya Birla Group |
Wong Kan Seng, 1979 | Served in Singapore Government for ~30 years |
Rt Hon Justine Greening, 2000 | Secretary of State for Education (2016-2018), MP for Putney (2005-2019) |
Jimmy Maymann, 2005 | Chair of UN Live Online, TV2 Denmark, and AirHelp Inc. |
The LBS MBA Advantage
A Legacy of Excellence. London Business School (one of the best MBA colleges in UK) has a storied history of cultivating business acumen and leadership skills. The program's unique approach to business education blends practical experience with theoretical knowledge, preparing graduates for the complexities of the global business environment.
Global recognition & network. With alumni in influential positions worldwide, the school offers an unparalleled network, opening doors to multinational corporations, startups, and substantial London Business School MBA salary around the globe.
Related Blog:
- London Business School MBA Fees
- London Business School MBA GMAT
- London Business School MBA Essays
- London Business School MBA Interview Questions
- Is London Business School MBA Worth it?
Conclusion
The London Business School MBA salary offers excellent career prospects and competitive salaries across various sectors. Prospective students should consider the potential ROI when selecting a business school, and LBS is undoubtedly a strong contender in this regard - in terms of salary, education, or network.