Imperial College Business School: Programs, Ranking, Admissions 2023, Cost of Attendance & Scholarships

London, EnglandLocation
SchoolSchool type
Estd1955established year
Public

Imperial College Business School is part of the prestigious Imperial College London. The business school ranks #9 in Europe and #21 in the world for its full-time MBA program by QS Global MBA Ranking 2022. Besides MBA, the school also offers admission to 9 MSc programs, 8 specialised master’s programs and Executive Education courses. Currently, Imperial College Business School is home to 2,000 postgraduate students including international students from 103 countries. 

Admission is quite stringent at Imperial College Business School. Based on the MBA class profile 2021-22, only 53 students were accepted for the full-time program. According to the class profile for MSc in Management, 180 students were offered admission. Consequently, international students seeking admission at Imperial College Business School should demonstrate a competitive GMAT score of 600+ and an IELTS score of 7.0+. Min. 3-year work experience is also required for MBA admissions. Indian students should submit 7/10 or 60% or above for admission to graduate programs. 

The total cost to study MBA at B-school is 57,200 GBP whereas the cost of a MSc program is around 31,800 GBP. Pursuing a course at Imperial College Business School can be quite expensive. Consequently, applicants can apply for scholarships to study in UK such as Chevening Scholarships. The business school also offers scholarships like Dean’s Impact Scholarship offering upto 25,000 GBP. 

While the cost of the study is quite steep, Imperial College Business School also offers a high return on investment. 90% of students accept job offers within 3 months of graduation. Some of the top employers are JP Morgan, Deutsche Bank, Barclays Investment, and EY. MBA graduates earn a salary package of up to 84,000 GBP. Check: Jobs in UK after MBA

Imperial College Business School Ranking

Imperial College Business School was recognised as the University of the Year and the University of the Year for Student Experience by The Times and The Sunday Times Good University Guide 2022. Some other significant rankings of Imperial College Business School are as follows - 

  • #34 in Global MBA Ranking 20222 by Financial Times
  • #3 in QS World University Rankings 2022 - Masters in Marketing
  • #5 in QS QS World University Rankings 2022 - Masters in Business Analytics
  • #10 in QS World University Rankings 2022 - Masters in Management
  • #13 in QS World University Rankings 2022 - Masters in Finance
  • #16 in Masters in Finance Rankings 2022 by Financial Times

Imperial College Business School Programs

Programs offered at Imperial College Business School include a Master in Business Administration program, 5 MSc in Finance courses, 4 MSc in Management programs, 8 specialised master's courses and a doctoral degree program. The school will offer a Bsc in Economics, Finance and Data Science program from October 2023. The table below lists some of the top programs at Imperial College Business School along with tuition fees:

  • Imperial College Business School also offers admission to courses such as the Joint Honours programme and BPES (Business for Professionals of Engineering and Science) programme. The joint honours programme is offered in collaboration with other departments of Imperial College London. This includes departments like Biochemistry, Biology, Biomedicine and Chemistry
  • The school offers two types of MBA programs. This includes a full-time MBA and three part-time MBA programs. The full-time MBA program is offered for a duration of one year.
  • Students seeking admission to the full-time MBA program at Imperial College Business School can take part in several immersive learning experiences. This includes Global Experience Week, Innovation Challenge and a London Tech Trek.

Imperial College Business School Campus

Imperial College Business School campus is located at South Kensington, which is the main campus of Imperial College London. Situated in one of the most beautiful parts of London, the campus offers facilities like student hub, sports facilities, Imperial College Union, and Central Library. 

  • Major tourist destinations like Hyde Park, Kensington Gardens, Royal Albert Hall, Victoria and Albert Museum, and the Natural History and Science Museum is only a short walk away from the Imperial College London campus.
  • Imperial College Business School campus is home to 300+ clubs and societies catering to a wide range of interests and hobbies. This includes A Capella, Kung Fu, Beekeeping, Baking, Musical Theater to cycle club, civil engineering and Robotics Academy. In addition to this, the Students Union at Imperial College London also organizes a lot of fun events throughout the year. Vintage Clothing Fair, Culture Night, Welcome Ball 2022, Bandaoke are some of the events at Imperial College London.
  • The Blyth Center at Imperial College London has a lunchtime concert series featuring renowned artists like Colin Stone and Charles Owen. It also offers free weekly concerts for staff and students.
  • Imperial College London also offers intramural leagues for sports like 7-a-side football, Squash, Rugby, Basketball, Table Tennis, Badminton etc. These intramural leagues allow students to take part in friendly competitions with their classmates, housemates or a club team.

Imperial College Business School Accommodation

Imperial College London provides accommodation to all undergraduate first-year students who selected the university as their firm choice. Through its 8 residential halls, Imperial College London offers rooms for over 2,500 students. Students applying for on-campus accommodation can choose from single and twin room options. The room rates are listed below:

Name of the Hall Rate
Beit Hall 748 GBP - 1,196 GBP
Eastside Hall 744 GBP - 1,324 GBP
Kemp Porter Buildings 508 GBP - 764 GBP 
Putney Boathouse 676 GBP
Southside Halls 744 GBP - 1,324 GBP
Wilson House 528 GBP - 1,044 GBP
Woodward Buildings 508 GBP - 764 GBP
Xenia 516 GBP - 1,088 GBP

Students who have accepted an offer of admission from Imperial College London will receive an invite to apply for accommodation in late May. Candidates can login to the online accommodation application portal (AccHub) and list up to 5 preferences in terms of room, hall and price. 

Off-campus Accommodation

Imperial College London does not offer any on-campus accommodation for graduate students. Consequently, MBA or Master’s applicants at Imperial College Business School should consider opting for private rented accommodation in London. The Accommodation Office at Imperial College Business School provides advice on rental paperwork and contract. The office also helps students to look for suitable rental accommodation. 

In addition to this, graduate students can also consider opting for accommodation through gradpad, a private student housing provider. Gradpad offer an array of room options for students from studio flats to private en-suit bedrooms in shared flats with shared kitchens. Postgraduate accommodation by Gradpad are offered in two locations in London . These are Griffon Studios, Battersea and Wood Lane Studios, White City. Check: On & off campus accommodation in UK

Imperial College Business School Application Process

The International students seeking admission at Imperial College Business School should meet the country-specific requirements along with general application requirements. The application process has been explained in details below:

Application Portal: UCAS (UG); Online Application (Graduate)
Application Fee: 22.50 GBP (UG); 150 GBP (MBA) 100 GBP (Masters programs)
Undergraduate admission requirements:

Note: Based on the UCAS application, Imperial College Business School will shortlist candidates for an interview. The interview consists of two parts - an online maths quiz for 30 mins and a face to face/online interview (20-30 mins).

Postgraduate admission requirements:

  • Academic transcripts
  • Undergraduate GPA of 7/10 or 60% and above
  • IELTS score 7.0+
  • Work experience of 3 years
  • Resume 
  • GMAT/GRE scores
    • GMAT score 600+
    • GRE score 320+
  • Video assessment on career goals (for MBA program)
  • Career planning questions
  • 2 Professional letters of recommendation
  • Personal Statement
  • Quantitative Experience Statement (for masters programs)
  • Interview 

Check: SOP for MBA in UK

Imperial College Business School Cost of Attendance

The table below provides an overall cost of studying at Imperial College Business School which includes tuition fees and cost of living in UK

Item Cost
Masters tuition fee 35,000 - 46,000 GBP
MBA tuition fee 57,200 GBP
Accommodation (on campus) 500 GBP - 1,300 GBP
Accommodation (off campus) 800 - 900 GBP
Food 200 - 250 GBP
Transportation 100 - 150 GBP
Utilities 275 GBP
Personal/miscellaneous expenses 200 GBP - 300 GBP

Imperial College Business School Scholarships

At Imperial College Business School, all self-funding candidates are automatically considered for scholarships and bursaries, provided they meet the eligibility criteria for their program. Some of the scholarships at Imperial College Business School are tabulated below:

Name of the scholarship Award value
Imperial Excellence Scholarship 10,000 - 15,000 GBP
Forte Fellowship for Women 50% of the tuition fee
Dean’s Impact Scholarship 20,000 GBP - 25,000 GBP
Women in Finance Scholarship 20,000 GBP
Global Leader Scholarship Full tuition fee
Reaching Out MBA Scholarship 20,000 GBP
LGBTQ Scholarship 15,000 GBP

Apart from the ones mentioned here, candidates can also opt for other scholarships to study in UK such as British Council Scholarships and GREAT scholarships.

Imperial College Business School Placements

Imperial College Business School has garnered a reputation in UK as well as globally for its high graduate career outcome rate. According to Guardian University Guide 2022, the business school ranked top in the UK for career prospects. 

According to an employment report published by Imperial College Business School around 88% of students from MBA class of 2021 were employed within 3 months of graduation. Whereas, the MSc Finance program demonstrated a 99% graduate career outcome rate. Some of the top employers include Microsoft, Unilever, Deutsche Bank, JP Morgan, UBS Investment Bank, Barclays, EY, Credit Suisse. The table below list the graduate career outcome rate of other master’s programs at Imperial College Business School: 

Name of Program Career Outcome rate (within 3 months of graduation)
Master of Management 98%
MSc Finance and Accounting 98%
MSc Financial Technology 91%
MSc Investment & Wealth Management 97%
MSc Risk Management & Financial Engineering 86%
MSc Strategic Marketing 93%
MSc Business Analytics 95%
MSc Economics & Strategy for Business 94%
MSc Climate Change, Management & Finance 100%
MSc Innovation, Entrepreneurship & Management 97%
MSc International Health Management 93%

The careers department at Imperial College Business School conducts a lot of workshops and networking events to prepare students to be job-ready. Students also have the option to join career clubs and expand their professional network. Alumni mentors and career consultants provide one-on-one coaching and helps students to explore career options and opt for a career path of their interests. Check: Jobs in UK for international students

Imperial College Business School Alumni

Imperial College Business School boasts of an alumni network of 22,000 members spanning 140 countries around the world. Members can connect and stay in touch with other alumni through the business school’s social networking group. The business school also organizes several alumni events throughout the year. Alumni members also have access to several other benefits such as - 

  • Access to career support services
  • Discounts on Ethos membership, a state of the art sports center
  • Accommodation options at great value
  • Discount on conferences and other events at Imperial College London
  • Access to Student Union Bar
  • Access to Imperial Library at South Kensington Campus

Notable Alumni at Imperial College Business School:

  • Ahmed bin Jassim Al Thani - Businessman and Member of the Qatar Royal Family)
  • Rajen Ruparell - Canadian Entrepreneur, Founder and Chairman of Endy, Co-founder of Groupon International
  • Chris Kelly - British Politician
  • Adaeze Oreh - Nigerian Family physician, Public health specialist and Universal health care advocate
  • Raheelah Ahmad - Director for Global Engagement for the School of Health Sciences


Imperial College Business School has ranked among the top business schools in UK and in the world for the last decade. This is due to its top-notch academic programs which enables students to learn how to combine innovative thinking and insight with technology to develop solutions for real-world business issues. Imperial College Business School also boasts of a global alumni network and life-long career development services that encourage and enable graduates to pursue career paths of their choice.

FAQs

Ques. What GPA is required for undergraduate admission at Imperial College?

Ans. A minimum score of 90%-92% is required for admission to undergraduate programs at Imperial College. Score of 90%-95% is required in relevant subjects.

Ques. Do I need to provide proof of proficiency in English while applying at Imperial College Business School?

Ans. International students need to submit proof of proficiency in English during admission at Imperial College. IELTS score of 7.0+ is required for admission. However, equivalent PTE, Duolingo and TOEFL scores are also accepted.

Ques. Is GMAT required for admission to MBA at Imperial College Business School?

Ans. GMAT score of 600 and above is required for admission to MBA at Imperial College Business School. Equivalent GRE scores can also be submitted.

Ques. What are the admission requirements for Masters programs at Imperial College Business School?

Ans. For admission to Masters programs, candidates must submit min. GPA of 60% or 7/10 and an IELTS score of 7.0+. GRE/GMAT scores are not required for admission but are recommended. In addition candidates also need to submit answers to career planning questions, a quantitative experience statement and computer software/programming experience (if any).

Ques. When will I receive a decision on my application to Masters programs at Imperial College Business School?

Ans. Applications for masters programs are processed on a rolling basis. Normally, the business school takes 6-8 weeks to process applications.

Ques. Why do I need to submit a quantitative Experience Statement for admission to Masters programs at Imperial College Business School?

Ans. Candidates need to submit a quantitative experience statement for admission so that the admission committee has an understanding of an applicant’s level of quantitative experience.

Master of Science [M.Sc] Finance

1 year
On Campus
English
Full Time

Master of Business Administration [M.B.A]

1 year
On Campus
English
Full Time
Exam Scores: TOEFL100|IELTS7|PTE62|GMAT600
Degrees Available: E.M.B.A
Options Available:

Master of Science [M.Sc] Business Analytics

1 year
On Campus
English
Full Time
Exam Scores: TOEFL100|IELTS7|PTE62|GMAT600
Options Available:

Master of Science [M.Sc] Strategic Marketing

1 year
On Campus
English
Full Time
Exam Scores: TOEFL100|IELTS7|PTE62|GMAT600

Master of Science [M.Sc] Management

1 year
On Campus
English
Full Time
Exam Scores: TOEFL100|IELTS7|PTE62|GMAT600

Imperial College Business School comparison

Imperial College Business SchoolLondon Business SchoolWarwick Business SchoolCranfield School of Management
Overall Ranking
  • 44 Financial Times 2021
  • 39 Financial Times 2019
  • 51 Financial Times 2018
  • 600 US News 2023
  • 600 US News 2022
  • 909 Center for World University Rankings 2022
  • 32 Financial Times 2021
  • 43 Financial Times 2020
  • 36 Financial Times 2019
  • 76 Financial Times 2019
  • 61 Financial Times 2018
  • 53 Financial Times 2017
Programs
  • PG Programs - 14
  • Doctorate Programs -1
  • PG Programs - 7
  • Doctorate Programs -7
  • UG Programs- 4
  • PG Programs - 13
  • Doctorate Programs -1
  • PG Programs - 7
Cost to Study
  • Average Tuition Fees:INR 5390265 [For PG Program]
  • Hostel + Meal:INR 1753947.64 Per Year
  • Average Tuition Fees:INR 13232405.48 [For PG Program]
  • Hostel + Meal:INR 6803747.24 Per Year
  • Average Tuition Fees:INR 3129763.6 [For UG Program]
  • Average Tuition Fees:INR 3383670 [For PG Program]
  • Hostel + Meal:INR 1123588.28 Per Year
  • Average Tuition Fees:INR 3137108 [For PG Program]
  • Hostel + Meal:INR 1278660.04 Per Year
Collegedunia Score- Out of 104.2 Out of 10- Out of 10- Out of 10
CollegeDunia Reviews-6.9/10 Read 2 reviews--
-Read Full ComparisonRead Full ComparisonRead Full Comparison

Imperial College Business School Scholarships


NameScholarship Per StudentLevel of StudyType
Imperial Women’s ScholarshipScholarship per studentVariable AmountLevel Of StudyMasterTypeCollege-Specific
Imperial Business ScholarshipsScholarship per studentVariable AmountLevel Of StudyMasterTypeCollege-Specific
The Lee Family- Scholarship and GrantScholarship per student₹ 16.4 L/Yr$19,821Level Of StudyMasterTypeCollege-Specific
GMAT Excellence AwardsScholarship per student₹ 5.3 L/Yr$6,419Level Of StudyMasterTypeCollege-Specific
MSc Finance Future Leaders ScholarshipScholarship per student₹ 38.5 L/Yr$46,461Level Of StudyMasterTypeCollege-Specific
Imperial Future Leaders MBA ScholarshipScholarship per student₹ 21.5 L/Yr$25,909Level Of StudyMasterTypeCollege-Specific

Imperial College Business School Admissions

  • Round 1 Deadlines

    Important Date: October23 (Application deadline)
  • Round 2 Deadlines

    Important Date: January22 (Application deadline)
  • Round 3 Deadlines

    Important Date: March5 (Application deadline)

Imperial College Business School Exam Scores

ExamsAvg. ScoreMin ScoreMax. Score%Submitted'
Graduate
GRE updated-314--
GMAT-600--
Language Proficiency
IELTS6.56.57-
TOEFL-100--

Attendance Cost

₹5,390,265

attendance cost

The table shows average yearly cost of attendance for international students. Amount may vary with the course opted, nature of accommodation, and personal spending habits of a candidate.Check Program wise Fees

Tuition fees
Post Graduate Program
₹5,390,265 / Year
On Campus
Room Rent
₹1,314,018 / Year
Food
₹439,930 / Year

Imperial College Business School Campus Location


+44-0-20-7589-5111
Telephone
Imperial College London, South Kensington Campus, London, SW7 2AZ
Address

Comments



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A
Anonymous
need to understand the courses in Imperial college for winter intake.I have given duollingo with 125 scores.Let me know what is pre-requisites for the same.
S
Sinbad Chongtham

Admission at Imperial College Business School is offered only for the Fall intake. The college also accepts Duolingo as one of the ELP test required for admission. Since you have scored 125, you have met the minimum Duolingo score requirement.

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