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School vs school · figures from each school’s own report

INSEAD or London Business School

For a $90,000 earner, INSEAD costs $231,475 with the salary given up and LBS $364,753; the paybacks are 7.6 years and 8.0 years.

Gross, per year

Highest ten-year value for you

INSEAD

NPV -$9,307 · payback 7.6 years

INSEADLBS
Program length10 months21 months
Tuition and fees$122,911$164,720
Living budget$33,564$42,533
Total cost for you$231,475$364,753
Hired within three months81%86%
Salary reported$111,880$121,772
Kind of figuremedian base salaryaverage base salary
Payback after graduation7.6 years8.0 years
10-year NPV-$9,307-$79,570

* school-wide salary: no figure published for this goal. US dollars at the ECB rate of the last update. Method.

Built by Radif Partners · figures checked · Method · Editorial policy

INSEAD and LBS sit at the two ends of the European MBA calendar. INSEAD runs 10 months for €109,860 of tuition plus a living budget of €30,000; LBS runs up to 21 months for £123,950 and £400 of fees, and since it publishes no student budget we count the UK visa minimum for London, £32,109, as a floor. For someone earning $90,000 today, the totals come to $231,475 and $364,753. INSEAD reports a median base salary of €100,000 and LBS an average base salary of £91,928, two different measures, which in dollars are $111,880 and $121,772. The payback is 7.6 years at INSEAD and 8.0 years at LBS, and both ten-year values are below zero for that person, -$9,307 and -$79,570. The choice rests on where you want to work: 43% of LBS's class stays in the United Kingdom, while 44% of INSEAD's goes to continental Europe.

Tuition gap, then a calendar gap

Converted at the ECB rate of October 13, 2026, tuition is $122,911 at INSEAD and $164,190 at LBS, a gap of $41,279. The calendar widens it. INSEAD finishes in 10 months; LBS lets students leave between 15 and 21 months, with the same tuition whatever the exit point. We count the full length. For a $90,000 earner, the salary given up is $75,000 at INSEAD and $157,500 at LBS.

Living costs are built differently. INSEAD publishes its own budget, €30,000. LBS publishes none, so the line is the amount UK Visas and Immigration asks students in London to hold, £1,529 a month, counted for every month: £32,109. The visa rule names the least a student must hold, not what a year in London costs, so treat LBS's total as a minimum.

INSEAD or LBS: the faster payback for you

Higher 10-year value

INSEAD

INSEAD payback7.6 years
LBS payback8.0 years
INSEAD 10-year NPV-$9,307
LBS 10-year NPV-$79,570
Compare up to three schools →

Two salaries that are not the same measure

INSEAD's €100,000 is the salary of the graduate in the middle of the class. LBS's £91,928 is the average, which a few high offers can lift. In dollars the two are $111,880 and $121,772, close enough that the measure matters. LBS adds an average of £41,000 in sign-on and year-end bonuses, received by 83% of those who accepted an offer; INSEAD reports a median bonus of €28,900 without saying how many received it, so our model counts no bonus for it.

Where LBS gives more detail is the split. It publishes salaries by region, and the gap is large: £143,262 for graduates in North America against £88,516 in the United Kingdom and £106,108 in Africa and the Middle East. It also splits finance by segment, with 3 segment salaries in its report. INSEAD gives salaries by industry only, without regions or segments.

Consulting, and where each class lands

Consulting is the largest destination at both: 50% of INSEAD's class at €106,100, 40% of LBS's at £98,856. In our consulting ranking, which weighs share, salary and ten-year value, INSEAD is number 17 of 38 and LBS number 21 of 38. Technology takes 24% of LBS's class and 18% of INSEAD's.

Geography separates them more. LBS is a London school: 43% of its graduates stay in the United Kingdom, 8% go to the rest of Europe. INSEAD spreads its class wider, with 23% in Asia Pacific, close to its Singapore campus, and 18% in Africa and the Middle East. LBS sends 10% to Latin America, which puts it 2 of 9 in our ranking for that region.

Who should pick which

INSEAD suits someone who wants to be back at work within a year, aims at consulting in continental Europe, Asia or the Middle East, and earns little enough today that 10 months of salary given up still leave a positive return. LBS suits someone who wants a career in London or in finance, values an internship and a longer search, or plans to use the degree to reach North America, where its graduates report the highest regional salary in its report. Both ten-year values turn negative for a $90,000 earner, so set your own salary in the tool above before reading either as a financial win.

Questions applicants ask

Is INSEAD or LBS better value for a mid-career applicant?

On our model, INSEAD for most salaries, because it takes 10 months of pay against up to 21 at LBS. At $120,000 today, the ten-year values are -$272,855 and -$344,384. Both are negative above a moderate salary, so the case rests on the move the degree makes possible.

Why does LBS report an average salary while INSEAD reports a median?

Each school chooses its own measure. LBS publishes an average base salary, £91,928, and INSEAD a median base salary, €100,000. An average tends to sit above the median of the same class, so a median for LBS, if it published one, would likely sit below its average. We keep both as published and label each.

Does LBS let you finish the MBA earlier than 21 months?

Yes, the school allows an exit between 15 and 21 months, and tuition does not change with the exit point. Our total uses the full 21 months, both for the salary given up and for the visa living floor. Leaving at 15 months removes 6 months of each, which shortens the payback without changing the fee.

Which pays more after the MBA in finance, INSEAD or LBS?

LBS splits finance into segments and gives an average for each: private equity at £100,905, venture capital at £97,983 and investment management at £88,063, against £93,406 for finance as a whole. INSEAD gives one finance figure, €96,000, a median for 15% of its class. The two cannot be ranked against each other without that caveat.

Where do INSEAD and LBS graduates work after the MBA?

LBS keeps 43% in the United Kingdom and sends 12% to North America. INSEAD places 44% in continental Europe, 23% in Asia Pacific and 18% in Africa and the Middle East. INSEAD is number 1 of 7 in our Middle East ranking, LBS number 3 of 7.

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Publisher of an MBA return calculator built on the employment reports of each business school

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A model, not a promise: salaries are what a past class reported to its school, costs are the school’s published fees and budget, and growth, discount rate and the salary you give up are assumptions you can change. Scholarships, taxes, visas and your own offer move the result. Every figure is an estimate, not financial advice, and it does not replace the school’s own admissions and financial aid offices.

Fees, budgets and employment reports for 2026, read in the schools’ own documents on