Have you ever dreamed of pursuing a PhD abroad but held back because of the cost? What if we told you that a top-ranked London university will not only cover your tuition but also pay you a stipend to study?
Yes, that’s right! The London Business School PhD Programme offers a fully funded PhD opportunity, making it one of the most prestigious and accessible doctoral programs in the world.
Why Choose a Fully Funded PhD at London Business School?
For over 60 years, London Business School (LBS) has been a global leader in management education, shaping the future of business teaching and research. The PhD Programme at LBS is designed to nurture the next generation of scholars with:
- Expert international faculty
- Cutting-edge research methods
- Personalized mentorship and supervision
- A collaborative and world-class study environment
This isn’t just an academic program—it’s LBS’s investment in your future as a researcher and teacher in business management.
London Business School PhD Programme Structure (2025–2030)
The LBS PhD is a five-year full-time residential program in London. Here’s how it works:
- First 2 Years – Intensive coursework, similar to leading Indian management institutes, covering research methods and advanced subject knowledge.
- Next 3 Years – Independent research and thesis writing. You’ll get 18 months to complete your dissertation, which must be an original contribution to your chosen field.
- Final Step – Successfully defend your thesis and earn the prestigious London Business School PhD degree.
PhD Specializations at London Business School
Students can specialize in one of seven academic areas:
- Accounting
- Economics
- Finance
- Management Science and Operations
- Marketing
- Organisational Behaviour
- Strategy and Entrepreneurship
These PhD specializations at LBS are globally recognized and offer outstanding career opportunities in academia, research, and industry.

Fully Funded PhD Benefits at London Business School
One of the most attractive aspects of this program is the comprehensive financial support. Every admitted student receives:
1. Full tuition fee waiver
2. Tax-free stipend for 5 years
- £30,623 (from September 2025)
- £32,154 (from September 2026)
- £33,762 (from September 2027)
3. Conference funding to present research internationally
4. Monetary prizes for academic excellence
5. Paid teaching and research assistantships for additional income
This makes the London Business School PhD one of the best fully funded PhD programs in the UK.
Eligibility Criteria for London Business School PhD
To apply for a fully funded PhD at LBS, you must meet the following requirements:
- Undergraduate degree in a relevant field (top 10% of your class preferred)
- Most admitted students also hold a Master’s degree
- Valid GMAT or GRE (within the last 5 years)
- Competitive scores: GMAT > 690 or GRE > 80th percentile
- Competitive scores: GMAT > 690 or GRE > 80th percentile
- Proof of English language proficiency (TOEFL, IELTS, or Cambridge) if your first language isn’t English.
Note: India is not listed as an English-speaking country, so Indian applicants need a valid English test score.

Application Process for London Business School PhD 2025–26
The application process for LBS PhD includes:
- Statement of Purpose (SOP)
- Transcripts of previous education
- Curriculum Vitae (CV)
- Valid test scores (GMAT/GRE + English proficiency)
- Application fee: £75
Applications usually open in October of the previous year. For example:
- For September 2026 intake, applications will open around October 2025.
Why This PhD Program is a Game-Changer
The LBS PhD programme is not just a degree—it’s a gateway to an international academic career. Graduates often secure faculty positions at top universities worldwide, contribute to influential research, and make real-world business impact.
If financial concerns have ever held you back from pursuing a PhD abroad, this fully funded PhD in London is the perfect opportunity.
Official Source for London Business School PhD
All information is taken from the official London Business School website. Check details here
Final Thoughts
A fully funded PhD at London Business School gives you the best of both worlds—world-class research opportunities and financial support. If you are ambitious about research, academia, or a global career in business, now is the time to prepare.
Remember: Applications for September 2026 intake open in October 2025.
So, start preparing your SOP, CV, and test scores today, and don’t let financial worries stop you from achieving your dream of a PhD abroad.
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By Dr. Ritika Gauba– PhD Mentor & Advisor
CEO & Founder ZPTC
Dr. Ritika Gauba

Dr. Ritika Gauba the Founder & CEO of Zenith Ph.D. Training & Consultancy is a Ph.D. Coach, Mentor & Guide. She has an in-depth knowledge of all the Ph.D. rules by UGC and the New Education Policy. She has done an unfathomable study of the Ph.D. regulations of more than 1000 Indian and international universities, including institutions of national importance like IIMs, IITs, IIITs, IVY League colleges & so on, making her a specialist in the area.