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Get the inside scoop on what makes Emory’s Goizueta Business School great, learn how you can present a strong MBA application, and connect with an Admissions Director to get your questions answered.- May 01
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London Business School Ph.D. Program Guide
I am starting the Ph.D. guide series to get you everything about Ph.D. programs at one place. As a matter of accuracy and authenticity, I will use only the school’s official website for any kind of information. This thread will help members at GMAT Club in getting unified information, instead of juggling multiple websites online.
Table of Contents
1. Introduction
2. LBS Values
3. Ph.D. Subject areas
4. Program overview
5. Key dates and times
6. Scholarship and funding
7. Application requirements
8. Application Fee Waiver
9. Ph.D. Interviews
10. LBS Ph.D. Stats
11. Transatlantic Doctoral Conference
Introduction
At London Business School (LBS), developing and educating the next generation of scholars is central to the overall research activities and identity and LBS is committed to training individuals to become scholars and thought leaders. PhD program at LBS leverages the school’s acclaimed research faculty, while providing generous funding and infrastructural support. PhD students work closely with faculty on cutting-edge research spanning a broad range of disciplines and topics. Through rigorous coursework as well as supervised, joint, and independent research, the students are equipped to work and thrive at the frontiers of knowledge in their chosen field.
Your time at London Business School will be filled with intellectual challenges in a collaborative environment. With faculty and fellow students, you will exchange and debate ideas and methods, sharpen your critical faculties, and learn the skills to be a successful scholar. Quality of thought is a public good at London Business School, with improvements in your own thinking generating a positive spill-over to the profound impact on the thoughts and actions of academics, business leaders and policy makers.
LBS looks forward to welcoming you to the community of scholars.
LBS Values
LBS Commitment
Central to the LBS, overall research activity is a commitment to inspire and train the next generation of business scholars. Through rigorous coursework and supervised and joint research with top academic faculty, you will be equipped to work and thrive at the frontiers of knowledge in your chosen subject.
LBS Experience
Your time at London Business School will be seriously busy, filled with intellectual challenge in a collaborative environment. With faculty and fellow students, you will sharpen your critical faculties, exchange ideas and methods, and learn to think like a scholar. You will be expected to work hard but, rest assured, your efforts will bring the highest payoff.
Ph.D. Impact
Each year LBS graduates move on to intellectually rewarding careers in major business schools and research institutions around the world. The new knowledge that PhD students create makes a profound impact on the thoughts and actions of business leaders and policy makers.
Ph.D. Subject areas
LBS has the following seven Ph.D. subject areas.
- Accounting
- Economics
- Finance
- Management Science and Operations
- Marketing
- Organizational Behavior
- Strategy and Entrepreneurship
Accounting
The PhD Program in Accounting trains students to conduct original academic research dealing with the use of accounting information
Economics
The unique Economics program is designed around two key features – a small number of focused courses provided in areas in which the subject area specializes, and a small cadre of students who form a close working relationship amongst themselves and with the Economics faculty.
Finance
With LBS global reputation and connections to world-leading financial institutions: just two reasons why exceptional scholars study at London Business School.
Management Science and Operations
The doctoral program in Management Science and Operations (MSO) is designed to train scholars to undertake cutting-edge quantitative research (both fundamental and applied) to advance the understanding of processes and decision-making in organizations.
Marketing
The Marketing PhD Program trains scholars who will conduct research to advance the frontiers of the discipline of marketing, teach marketing at premier universities around the world, and prepare the next generation of marketing doctoral students.
Organizational Behavior
The Organizational behavior (OB) department at the London Business School is considered one of the top research departments in the world. Its faculty members are known both for the breadth of topics they pursue and for their in-depth cutting-edge research on these topics.
Strategy and Entrepreneurship
The doctoral program in Strategy and Entrepreneurship aims to produce leading world-class scholars, who will pursue impactful academic careers following the completion of their PhD.
Program overview
LBS full-time PhD students receive thorough and sophisticated training in the latest research methods, equipping them for productive academic careers.
Coursework
Students are required to take a range of courses. These include Program Core Courses, Specialized Courses and Elective Courses. Specialized Courses are compulsory for the admitted subject area. Elective courses are chosen from the Specialized Courses in other subject areas.
You will also have the option to take elective courses in London School of Economics (LSE), University College of London (UCL) and Imperial College, London.
Thesis
After a successful defense of your research proposal, you will progress your own thesis – an original contribution to your chosen specialization. Then, having successfully defended your thesis, and following the completion of any required amendments, you are awarded a London Business School PhD degree.
Key dates and times
- Students complete the PhD program within five to six years
- Short-listed applicants are invited to an interview between January - March
- Orientation for new students takes place in late September
Scholarship and funding
All students offered a place on the PhD program receive full funding which includes a tax-free stipend for five years and a tuition fee waiver (subject to satisfactory academic progress). The annual stipend rate from September 2025 is £30,623 and it is expected to increase over the following two years, as follows:
- September 2027 - £33,762.
Additional support
All students also receive financial support for attending specialist, international conferences, and other developmental opportunities. In addition, monetary prizes for academic excellence in specific fields are awarded by London Business School’s institutes. Students also have the opportunity to do paid research and teaching assistance work.
Living in London
There is no residential accommodation at the school, but students can apply for accommodation in some of the University of London Intercollegiate Halls of Residence. If you are accepted on the PhD program, you will be provided with further information regarding accommodation options that students have chosen in the past and their cost.
Application requirements
- A completed application form with Statement of Purpose (online)
- Two academic reference letters (online)
- Original GMAT or GRE score report (online), completed within the last 5 years and shared with LBS via the institution’s code (see GRE/GMAT section below)
- Official transcript or certified copy of university grades from all past degrees (online). All final official transcripts or certified copies of university grades (signed and stamped) for degrees awarded.
- All final official certificates or diplomas (signed and stamped) for degrees awarded.
- All up to date transcripts (signed and stamped) for degrees in progress (not yet awarded)
- Valid, original Test of English as a Foreign Language (TOEFL), International English Language Testing System (IELTS) or Cambridge score report (if required). These tests must have been taken and passed in the last 2 years prior to application submission. TOEFL scores must be shared with the Program via the institutional code (see Language section below).
- Current CV, noting whether qualifications are in progress or the date of award if already achieved.
- LBS does not accept applications or application documentation via email. Please submit all documents via the online application system.
Application Fee Waiver
UK applicants from low-income households who are able to evidence that they were in receipt of full state support for maintenance as an undergraduate at a UK university within the last 4 years are eligible for an application fee waiver.
Applicants who are able to evidence they have a valid Asylum Registration Card or Biometric Residence Permit and Overseas Applicants from any of the countries included on the UN list of least developed countries are also eligible for an application fee waiver. Individuals who feel that they need a fee waiver but do not meet these criteria may contact the Program Office- [email protected] explaining their circumstances to request a waiver.
For all other applicants, there is an application fee of £75.
Ph.D. Interviews
Short-listed applicants will be invited to an interview between January and March. Initial Interviews may be online with follow up interviews taking place in person, depending on the subject area. If you are short-listed, you will be contacted by the relevant subject area who will provide full details of the interview arrangements. If you are invited to attend an in-person interview at LBS, the Program will reimburse reasonable travel costs, accommodation and subsistence.
Regrettably, due to the large number of applications received each year, it is not possible to arrange meetings with members of faculty prior to an interview.
English Language Proficiency
Unless you are an English speaker or have a degree from a university in an English-speaking country, (where the language of instruction was English) according to UK Visa and Immigration policy guidance you must submit evidence of proficiency in English.
Minimum acceptable scores for eligibility for the PhD Program are at least 600 (paper-based), 250 (computer-based) or 100 (Internet-based) on the TOEFL to be considered for the PhD program
.
Other recognized English language tests (IELTS, Cambridge) are also accepted. A valid test report, taken in the last 2 years prior to application submission. All test scores must be shared via the appropriate institutional code below.
London Business School institution code for TOEFL is 0898
GMAT and GRE Score Requirement
Your GMAT or GRE score must be shared with LBS directly for review. Please find the relevant codes below:
- London Business School GMAT code is: Z11-J7-75
- London Business School GRE code is: 3491
LBS Ph.D. Stats
Research Projects Supported: 9696
Lead Researchers supported at LBS: 69
Lead Researchers supported at LBS: 6969
PhD students supported at LBS: 34
PhD students supported at LBS: 3434
Transatlantic Doctoral Conference
The annual Trans-Atlantic Doctoral Conference is held for doctoral students from leading business schools in North America and Europe to provide a unique opportunity to meet fellow students and discuss current research. This conference has been hosted by London Business School since 2001 and has grown consistently in its size and reputation among doctoral students in top business schools.
The next TADC is planned to take place in May/June 2027.
I hope that helps.
