The London Business School (LBS) MBA program tuition fees have seen a notable increase in the first year, rising from $117,575 in 2022-23 to $142,788 in 2023-24, a 21.45% increase. Then, there was a modest increase in the second year, to $146,389 in 2024-25, marking a 2.52% rise from the previous year.
Tuition Fee Inflation (Total): 24% (3-year trend)
Housing costs have also escalated sharply, increasing by 30.99% from $12,617 in 2022-23 to $16,530 in 2023-24 and then by 29.41% to $21,385 in 2024-25.
Housing Cost Inflation (Total): 61% (3-year trend)
Transportation expenses fluctuated, initially decreasing by 33.23% from $1,524 in 2022-23 to $1,017 in 2023-24, then surging by 80.19% to $1,833 in 2024-25.
Transportation Cost Inflation (Total):113% (3-year trend)
Food expenses remained relatively stable between 2022-23 and 2023-24, with a minimal increase from $3,811 to $3,814, but saw a significant rise of 60.14% to $6,110 in 2024-25.
Food Cost Inflation (Total): 60% (3-year trend)
Personal and Leisure costs decreased by 32.43% from $3,762 in 2022-23 to $2,543 in 2023-24, followed by a slight increase of 2.08% to $2,596 in 2024-25.
Overall, the total cost of the LBS MBA program has steadily increased, from $139,290 in 2022-23 to $166,692 in 2023-24, which is a 19.68% rise, and then to $178,553 in 2024-25, representing a 7.11% increase from the previous year.
Transportation, Housing, and Food – all witnessed 60-113% inflation, confirming the inflationary trends the UK is experiencing now.
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Related Read: London Business School MBA Cost Analysis and Funding Tips (Including list of scholarships, fellowships and loan partners)
| Expenses | LBS MBA Cost 2022-23 | LBS MBA Cost 2023-24 | LBS MBA Cost 2024-25 |
| Tuition | $117,575 | $142,788 | $146,389 |
| Housing | $12,617 | $ 16,530 | $21,385 |
| Transportation | $1,524 | $ 1,017 | $1,833 |
| Food | $3,811 | $ 3,814 | $6,110 |
| Personal and Leisure | $3,762 | $ 2,543 | $2,596 |
| Total | $139290 | $166,692 | $178,553 |
