Apply for the Lancaster MBA

Discover how to secure a place on the Lancaster MBA including funding information and scholarships.

How to Apply

Select each of the steps below to view information on what to expect at each stage of the MBA application process.

As part of your application, you will be required to submit:

  • A detailed CV
  • A personal statement
  • Two good references
  • Your bachelors degree certificate or transcript
  • English language score (e.g. IELTS or TOEFL)
  • Sufficient GMAT (we look for a balance score on all parts, and you should aim for a score of 580), or GRE score or agreement to complete the Lancaster MBA Admissions Essay following your interview

For guidance on your CV and personal statement, please refer to the details below:

MBA Personal Essay guidance

In order to pass through to the interview stage you would need to submit a personal essay. This should be attached to your application as a word document, and be around 500 words in length. We would normally expect to see the following topics addressed in your personal essay:

  • Demonstration of strong business experience, and that you have held significant managerial responsibilities.
  • Evidence of any achievements in your professional life. Eg: consistently performing at a high level, consistent career progression, any impact that you have had on your organisation.
  • Professional skills that you have developed. Eg: team work, leadership, problem-solving, negotiating, analytical skills.
  • How you will contribute to your class and what experiences you can bring to Lancaster. Eg: international work experience, any entrepreneurial or intrapreneurial activities that you have been involved in, why you would like to study for your MBA at Lancaster University Management School.

CV guidance

Here at Lancaster University Management School our students have access to the top MBA careers service in the UK (FT, 2019), and our MBA Career Advancement Manager has shared her top tips for preparing the best possible CV to support your application.

1. Your CV should be no longer than two pages.

2. Head it with your name (not Curriculum Vitae) and a four/five line summary of your profile.

3. List your work roles in reverse chronological order, giving for each one:

  • Company name, your role and dates of holding this position.
  • A short outline (one line) on the sector and size (employees, operating countries) of the company.
  • A bullet point list of your work including examples of your achievements, the impact you have made using your work skills and any managerial responsibility you have had. Do not reproduce your job description or list your responsibilities – we are interested to hear what you have actually achieved in your role.

4. Do not leave any gaps (if you have been travelling or stopped work for family reasons, please say so).

5. List your degrees and other qualifications in reverse chronological order.

6. Summarise any relevant volunteering or other activities/hobbies.

Click Step 1 for details on how to start your application.

Submit your application and supporting documents using our online application system. You can track the process of your application at any time using this system too.

Click Step 2 for details on the interview stage.

If you are successful in passing the first application stage, you may proceed to the Pre-Recorded Interview Stage, in this case you would be sent a link and instructions on how to submit your video recordings. Upon review of your Pre-Recorded Interview you may be sent an invitation to a Live Interview. The Live Interviews will take place online with a member of Lancaster's admissions team. The interview process will cover the skills and competencies that you have outlined in your personal essay and a discussion of the Lancaster MBA programme.

Once we have reviewed your interview performance our admissions team will make a final decision on your application. If you are successful in securing an offer to study with us then you will be sent full detail of what to do next, including paying your deposit, applying for accommodation or completing the Lancaster MBA Admissions Essay (if you have not provided a sufficient GMAT/GRE score).

Click Step 4 for confirming your deposit and meeting your offer conditions.

Once any outstanding conditions of your offer have been met, and your deposit has been received, full details about your place on the programme will be provided and you can start to prepare for joining us here at Lancaster!

How we compare

The cost of living in Lancaster is well below the national average, so you will benefit from highly affordable accommodation on campus or in the city centre. As a campus university, there are a wide range of services on your doorstep and we are located just three miles from the city centre with excellent transport links to neighbouring cities including Preston, Manchester and Liverpool.

Average Housing Costs
Lancaster £78.70 p/w
London £155.69 p/w
Oxford £104.20 p/w
Cambridge £88.50 p/w
Average Campus Room Costs
Lancaster £429.20 p/m
London £694.04 p/m
Oxford £600.00 p/m
Cambridge £850.00 p/m
Average Transport Costs
Lancaster £69.90 p/w
London £71.80 p/w
Oxford £95.70 p/w
Cambridge £87.40 p/w

The above accommodation and transport costs data is taken from the Office for National Statistics and is for indicative purposes only. Campus accommodation prices are based on standard accommodation in 2019. Availability and prices for all campus accommodation types vary, please refer to our student accommodation website for full details, prices and available accommodation types.

Scholarships and Funding

Scholarships

Lancaster offers scholarships of up to £12,500 for eligible students joining our MBA programme.

Scholarships
Graduation

Funding your MBA

There are a number of funding sources that can help you finance your MBA studies.

Postgraduate Loan Scheme

The UK Government provides a postgraduate loan scheme for students undertaking Masters courses. Non-means-tested loans of up to £11,570 are made available to students applying to taught and research Masters courses. For more information, go to Fees and Funding.

Other Loan Types

There are loan options available to help you fund your studies. Here is one option as advertised by the providers:

Prodigy Finance

Eligibility‌: Accepted students into the full-time MBA programme are eligible to apply for a loan with Prodigy.

Rates: Interest rates vary depending on individual applicants. See more detail about the terms and conditions, and how to apply for a loan on Prodigy’s website.

Why choose Prodigy?

  • No co-signer, collateral or guarantor required
  • 150 nationalities eligible
  • Loans available for current and incoming international students
  • No up-front fee
  • 6 month grace period after classes end for full-time programme
  • No fees for early repayment

Prodigy Finance Ltd is incorporated in the United Kingdom (Company Number 05912562) and registered with the Office of the Information Commissioner (Reg. No. Z9851854). Prodigy Finance Ltd is authorised and regulated by the Financial Conduct Authority, and entered on the Financial Services Register under firm registration number 612713. Prodigy's registered address is Palladium House 1-4 Argyll Street, London, W1F 7LD

Buildings

Student Profiles

Linked icons