INSEAD vs London School of Business (MBA): Admission process, eligibility, scholarships and more

Website

INSEAD – insead.edu

London School of Business – london.edu

Business and Management Studies Department

INSEAD

The three main categories of programmes in this varsity are:

Executive Education

— General Management

— Finance

— Marketing and Sales

— Corporate Governance

— R&D and Operation

— Entrepreneurship and Family Business

— Strategy

— Leadership

— Digital Transformation and Innovation

Masters Programme

— Master in Management

— MBA

— Executive MBA

— Executive Master in Change

— Executive Master in Finance

— Tsinghna INSEAD Executive MBA

Doctoral

— PhD in Management

London School of Business

The London School of Business offers a number of business programs. For international (and domestic) students, LSB offers three different types of management courses: Executive Education, Masters Program, and Doctoral.

Executive Education

— General Management

— Leadership

— Strategy

— Finance

— Human Resources

— Digital Transformation and Innovation

— Marketing

Masters Programme

— Master in Management

— Global Master in Management

— Master in Analytics and Management

— Master in Financial Analysis

— MBA

— Master in Finance

— Executive MBA

Doctoral

— PhD in Management

— PhD in Strategy and Entrepreneurship

— PhD in Marketing

— PhD in Accounting

— PhD in Management Science and Operations

INSEAD Admission process

The two intakes at INSEAD are in August and January. There are five steps in the admissions process. The video interview and online application mark the beginning of the first stage. The second stage involves the pre-selection decision, the third stage involves the alumni/expert interviews, the fourth stage involves the meeting of the admission committee, and the final stage involves the admission decision.

Requirements

Academic foundation: Bachelor’s degree or its equivalent from an accredited college or university is required, though the university may in rare cases make an exception for deserving individuals with extensive work experience. While it is encouraging that many applicants have postgraduate degrees, it is not a requirement. The university evaluates your academic history by looking at both your academic accomplishment and how competitive the school you attended was.

GMAT: While there is a minimum score needed for admission, students are urged to aim for a score as near to or above 640. All applicants must take the GMAT. It is suggested to have a score of 6 or higher on the Integrated Reasoning section. Please remember, however, that standardized examinations are simply one of several considerations for admission. Both an above-average and below-average score are not requirements for admission.

GRE: The university also accepts the GRE test; however, they do not have a minimum score requirement and suggest applicants to aim for a verbal and quantitative score of at least 80%.

Business School of London

This university’s essay has a number of questions that must be addressed as part of the application process. These are the inquiries:

Question 1. Describe your post-MBA goals in 500 words or less, and explain how your prior experience and the London Business School curriculum can help you achieve them.

Question 2. (500 words) (This inquiry might be omitted.) Do you have any further information about yourself or your application to London Business School that you feel the admissions committee should be aware of?

Requirements

— Application criteria (VISA)

— Complete the online application

— Application essays

— A one-page CV

— Name and details of the referee (a person who knows you at work or in academics)

— GMAT/GRE

— Proof of English language ability

— Application fee (200 Euros)

— A copy of the university transcript

INSEAD Tuition fees

Each year in December, the tuition costs for the July batch are determined. In June, the costs for the December session are revealed. The approximate cost of tuition for the August 2023 intake is €97,000, and the approximate cost for the January 2024 intake is €98,500. Installments may be made for the fees.

All printed course materials, use of the INSEAD library, on-campus information technology services, language testing and tuition, fees for the student council, use of the gym, business cards, printing, and health insurance are all covered by this sum.

London School of Business Tuition fees

The approximate cost of tuition for the 2023 MBA intake is £109,700. This is applicable for the whole 15–21 month program and is unaffected by the exit point you choose.

Travel costs associated with the program are not included in the fees. This allows you the freedom to customize your educational experience and related expenses. For instance, depending on the place you select, the various Global Experiences have differing travel and lodging prices.

In addition to the tuition, students must pay a £300 Student Association Fee to cover the cost of their Student Association (SA) membership, which enables them to take part in our active community.

INSEAD Scholarship

There are a finite amount of competitive INSEAD scholarships available. These scholarships are awarded based on a number of factors. There are really just two types of scholarships:

— Need-based: demonstrate a need for money

— Merit-based: determined by merit, as well as factors like nationality, gender, professional history, leadership potential, and previous academic specialization.

For Indian students, the university offers the “INSEAD Indian Alumni Scholarship.” Candidates who are Indian citizens and have a documented need for financial assistance will be given these awards. Candidates that have difficulty obtaining enough money for the MBA Program will receive support from the prize. Candidates will need to submit an application through the INSEAD Diversity Scholarship Group for this scholarship, which will be worth 25,000 euros.

London School of Business Scholarship

For Indian students, the London Business School offers a number of scholarship programs, including the Lady Meherbai D. Tata Education Trust Scholarship, the SARI Foundation Trust Scholarship, and others.