The MBA program is offered in a full time format. The entire duration of the program is 12 months . It has a general management focus and provides learners with the hard knowledge and soft skills in business and management within a global context.
Work alongside a diverse cohort of international classmates in overcoming challenges, learning to work as a team, developing critical thinking, behavioral and tech skills, facilitating cross-cultural learning and networking.
With extensive industry experience and a commitment to delivering cutting-edge knowledge, our faculty comes from some of the world’s top business schools, including MIT, Cornell University, ESADE, SDA Bocconi among others.
Bridge theory and practice, with hands-on projects, case studies, and opportunities to work on real business challenges. Engage in experiential learning and build practical skills valued by international employers around the world.
Connect with executives, managers, and business leaders from around the world. Collaborate and share experiences with peers from diverse backgrounds, which can lead to valuable opportunities.
Our strategic location, right in the heart of Europe, Luxembourg, it’s a dynamic hub that opens doors to diverse business opportunities, internship placements, jobs and connections with global corporations and financial institutions.
Over the course of the program, students engage in leadership courses which allows them to nurture their own leadership styles. Through experiential learning, international exposure, and personalized career development you’ll have the tools and experience to create a path to success.
The MBA program is offered in a full-time format over a duration of 12 months. It has a general management focus and provides learners with the hard know-how and soft skills in business and management within a global context.
- 1-year full time program: 12 months composed of core courses, electives, volunteer work, and research project.
- Optional internship: After the coursework is completed, students can decide to do an internship of at least 15 weeks and earn extra 10 ECTS credits.
- Students are required to earn 60 ECTS credits in order to graduate from the program.
- Classes are taking place from Monday to Friday.
Module 1 (15 ECTS) – Fundamentals
- Accounting and Financial Reporting (3 ECTS)
- Business Strategy (3 ECTS)
- People and Organizations (3 ECTS)
- Business Analytics (3 ECTS)
- Macroeconomics (3 ECTS)
Module 2 (15 ECTS) – Tools
- Marketing (3 ECTS)
- Innovation Culture (3 ECTS)
- Operations Management (3 ECTS)
- Corporate Finance (3 ECTS)
- Leadership: Self Awareness (1 ECTS)
- 2 Electives courses (1 ECTS each)
Module 3 (15 ECTS) – Decisions
- Performance Measurement and Financial Planning (3 ECTS)
- Financial Markets (3 ECTS)
- Digital Strategy (3 ECTS)
- Leadership: Change Management (1 ECTS)
- Negotiation (1 ECTS)
- Volunteer Work / Non-Profit Organizations Management (1 ECTS)
- 1 Elective course (3 ECTS)
Module 4 (15 ECTS) – Executions
- The study plan of Module 4 is made of Electives (9 ECTS).
- Thesis (Individual Research Project) or Entrepreneurial/Intrapreneurial Group Business Plan (6 ECTS).
After the program is completed, students can earn extra 10 ECTS with an internship.
Within the Full-Time MBA program at Luxembourg School of Business, elective courses are chosen by the students, in order to complement the Core courses.
Choosing different electives will allow you to deepen your knowledge in topics that are of your particular interest, and thereby tailor your own academic journey.
The elective courses are:
- Business Ethics (3 ECTS)
- Business Planning (3 ECTS)
- Corporate Entrepreneurship (1 ECTS)
- Corporate Valuation (3 ECTS)
- Design Thinking (3 ECTS)
- Diversity & Inclusion (1 ECTS)
- Enterprise Risk Management (3 ECTS)
- Entrepreneurship (3ECTS)
- Fintech for Banking (1 ECTS)
- International Strategy (3 ECTS)
- Investor Relations (3 ECTS)
- Leadership: Crisis Management (1 ECTS)
- M&A and Restructuring (3 ECTS)
- Management Consulting (3 ECTS)
- Marketing, Research & Analytics (3 ECTS)
- Private Equity & Venture Capital (3 ECTS)
- Risk Hedging (3 ECTS)
- Sustainable Business Management (1 ECTS)
- Volunteer Work 2 (1 ECTS)
*A minimum number of participants is required to open each course every year.
Learning goal 1: LSB students will have internalized a value system where ethics and corporate social responsibility are important.
Objective: The students will be able to identify the problems of ethics and corporate social responsibility, as well as forecast costs and benefits of good ethical conduct related to a company’s business.
Learning goal 2: LSB students will have the capacity of critical and analytical thinking.
Objective: The students will discover problems and offer possible solutions, as well as identify possible risks of a proposed solution.
Learning goal 3: LSB students will have the capacity for adaptation which is necessary for doing business in the global environment.
Objective: The students will identify key global trends in their discipline and discuss the influence of those trends on the entire activity of a company.
Learning goal 4: LSB students will communicate effectively in an appropriate way for management positions.
Objective: The students will develop communication skills needed in business, such as oral, written, and presentation skills together with the use of new technologies to communicate in an effective manner.
Learning goal 5: LSB students will be able to understand how to motivate and influence others.
Objective: The students will identify an appropriate leadership approach to every context.
Our students choose Luxembourg with a clear vision to enhance their lives and kickstart ambitious international careers. They are trailblazers, ready to navigate the complexities of global business.
At Luxembourg School of Business, we are on the lookout for exceptional candidates for our Full Time MBA who embody a blend of drive and curiosity.
Our student body is extremely diverse – reflecting Luxembourg population in general. LSB welcomes individuals from various nationalities, professional backgrounds, years of experience and age ranges.
The Full-Time MBA aims at above-average students, who completed a bachelor degree and have a minimum of 2 years of professional experience. As we are accepting students from all over the world, it is crucial for Visa and Authorization to stay processes to meet the application deadlines.
- First deadline: 15th of April
- Final Deadline for ATS/Visa students: 15th of May
- Final Deadline for EU students: 1st of August
5% discount offer: Candidates who apply before the First Deadline will receive a 5% discount
10% discount offer: Candidates who pay the full tuition in one instalment will receive a 10% discount
Discounts are not cumulative. Students can cumulate one discount and a potential LSB scholarship.
– A Bachelor’s degree or equivalent. Applicants with degrees in all disciplines meeting one of the following requirements are welcome:
- A minimum of 240 ECTS or
- A 4-year bachelor degree and
A minimum of two years of work experience.
OR
- A bachelor degree of 180 ECTS and at least 5 years of relevant business professional experience.
– Fluency in English.
- If you have worked in an English speaking environment for at least 2 years, please provide a recommendation letter from your superior.
- If you have studied in English in the past, the copy of the diploma is sufficient.
- If you have not worked in an English speaking environment for at least 2 years and you are not a native speaker, please provide a proof of English proficiency: Transcript of your TOEFL Score (Minimum Requirement: Paper Based: 550, Internet Based: 85) or IELTS Score (Minimum Requirement: 7.0)
– GMAT is accepted, not mandatory
Online Application
- Fill out the online application form on our website and upload supporting documentation:
- Updated CV
- Letter of motivation
- Letter of recommendation
- Copy of your bachelor and/or master degree and/or grades
- Proof of English proficiency
Pay the application fee of EUR 100.
2. Essay: Candidates will be asked to write a short essay on a specific topic (e.g. a quote from a famous person).
3. Interviews: Pre-selected candidates will be invited for two rounds of interviews.
4. Decision: The Admissions Committee makes the final decision. Candidates will be informed of the outcomes by email.
- For EU Students who do not need a Visa or Authorization to Stay in Luxembourg, the Full-Time MBA program tuition fee will be EUR 37,000. The total amount of tuition can be paid in several instalments as described hereunder.
- For International Students who need a Visa or Authorization to Stay in Luxembourg, the Full-Time MBA program tuition fee will be EUR 39,000. The total amount of tuition can be paid in two instalments as described hereunder.
EU Students who do not need ATS or/and Visa Schedule :
| EUR 10,000 | Registration fees – to be paid upon admission of a student into the program. |
| EUR 10,000 | To be paid before the start of the program. |
| EUR 5,000 | To be paid in the 6th month. |
| EUR 5,000 | To be paid in the 9th month. |
| EUR 7,000 | To be paid before the end of the 12th month. |
| EUR 37,000 | Total of the tuition |
International Students who need ATS or/and Visa Schedule :
| EUR 19,500 | Registration fees – to be paid before the Visa or ATS application |
| EUR 19,500 | To be paid before the start of the third term. |
| EUR 39,000 | Total of the tuition |
There are a number of ways to finance your studies at Luxembourg School of Business. Here is the general overview of tools and instruments available:
- Luxembourg State Scholarships and loans (for Luxembourg residents and students whose parents work in Luxembourg only)
- LSB Scholarships
- LSB Deferred Tuition Facility
The Luxembourg State can grant scholarships for students in higher or university education as well as loans.
The Luxembourgish state provides scholarships and a student loan to anyone enrolled in higher education and fulfilling certain conditions.
Application deadlines
- August 1 to November 30 (winter semester)
- January 1 to April 30 (summer semester)
Scholarships available at the Ministry of Higher Education and Research
- Base scholarship
- Social scholarship
- Family scholarship
- Mobility scholarship
- Reimbursement of registration fees
These scholarships can be cumulated.
Future students can contact the two departments “Information études supérieures” and “Aides financières” of the Ministry of Higher Education and Research. These two departments have one common website, www.mengstudien.lu.
Students are welcome to reach them by phone: 247-88650 or email: aide-fi@mesr.etat.lu
We advise EU students to make researches and complete all necessary procedures in their country of residence in order to obtain financial support for their studies from their country.
LSB offers loans to all enrolled students stimulating access to finance in higher education under certain conditions. This financing initiative will allow LSB students to borrow and pay back a certain amount of money directly to the School. For more information, please contact the School directly.
A limited number of scholarships are available from Luxembourg School of Business.
Students can apply for the scholarship only after completing the whole application process on our website, submitting your documents and paying the 100 euros fees. The Scholarship can cover up from 5% to 50% of the tuition fees.
Scholarships:
- Non-traditional backgrounds: This scholarship is awarded to students who come from nontraditional backgrounds, such as Aerospace engineering, Artificial intelligence, Astrophysics, Biotechnology, Cognitive science among others.
- Emerging markets: This scholarship is awarded to students who come from emerging markets, such as countries in Africa, Asia, Latin America, and the Middle East.
- Social engagement: This scholarship is awarded to students who are passionate about social engagement and who have a proven track record of giving back to their communities.
- International Entrepreneur: Awarded to candidates who have started
their own company and are currently running it. - Leadership & Innovation scholarship: Awarded to students who have strong leaderships skills and are passionate about innovation. Candidates should demonstrate the impact their innovative ideas had in their organizations.
- Merit Based Scholarship: Awarded to outstanding candidates due to their excellent academic track record to acquire business knowledge and managerial skills to continue thriving in the business world.
Scholarships criteria are based being able to provide evidence based on:
- Outstanding Academic record or graduation with honors
- References from university / professors
- Letter of motivation
- Financial need (the financial need aspect will be judged based on the student’s/parents’ annual revenue proof)
Scholarships are very limited and are given only to outstanding candidates.
Before your arrival at Luxembourg School of Business
- Entry Requirements for EU citizens
If you are a citizen of an EU Member State (or Iceland, Liechtenstein, Norway or Switzerland), you do not need a visa or authorization to stay for your studies at Luxembourg School of Business.
To enter Luxembourg and enroll at LSB you need:
- ID or passport
- health insurance (covering the entire period of your study exchange). More information below
- Entry Requirements for NON EU citizens
A. Authorization to Stay (ATS)
You have to apply for the Temporary authorization to stay (ATS) immediately after receiving the Letter of Admission from LSB
! IMPORTANT ! Instructions for the ATS application
The process to obtain ATS may take several weeks, it is therefore crucial that you meet the deadline for ATS application. In case you do not submit your ATS application before deadline, you will no longer be considered for a student at Luxembourg School of Business
B. Visa
Visa requirements are depending on your country of citizenship. Check whether you have to obtain a visa to enter the Schengen area.
List of countries for whom visa IS NOT mandatory
List of countries for whom visa IS mandatory
Request a type D visa after you obtain the temporary authorisation to stay.
If the third-country national is subject to the visa requirement, he must, with his authorization to stay, submit before his trip and from his country of origin, an application for a type D visa to the diplomatic representation or consular office of Luxembourg in its country of origin, or with the embassy or consulate of the country in the Schengen Area which represents Luxembourg there in matters of visa delivery (Belgian embassy or consulate only).
C. Health Insurance
On your arrival to LSB, you have to provide a proof of your health insurance for the entire period of your study exchange.
You have the following options:
a) provide a valid European Health Insurance Card (EHIC)
b) provide a confirmation of a private health insurance within Europe that specifies the beginning and the end date of coverage. Documents from outside Europe will not be accepted in Luxembourg.
c) pay for Luxembourg national health insurance on their arrival to Luxembourg School of Business (see below) and benefit from the Student fees which are the most advantageous.
National health insurance in Luxembourg:
In case you do not have a health insurance on your arrival, you have the possibility to pay for the health insurance directly at LSB. You will be affiliated to the national “Centre commune de sécurité sociale » and you will be required to pay the health insurance fees for the whole year.
Bear in mind that if you are NOT covered by any health insurance valid in Europe, you will not be reimbursed in case of illness or hospitalization. All medical cost would be at your own expense.
ING & Luxembourg School of Business Partnership
Luxembourg School of Business is in partnership with ING, to allow you to easily open a bank account in Luxembourg. ING also provide a lot of information for people who just arrived in Luxembourg, to welcome them and help them with their administrative procedures.
You can view here a Welcome to Luxembourg Brochure.
ING also offers a Students Package, which allows you to:
- Open a free current account
- Open a free savings account
- Get advice with your rental deposit, in case you want to rent a flat or a house
- Use a free e-banking application
- Get a free V PAY or Visa CyberCard
Discover more information about the Students Package here.
The true impact of pursuing an MBA
Natalia from Romania
MBA – Class of 2022
Alumni
“The MBA brought me a lot of self-discovery. I got inspired by the skills of other people, and by the end of the program, we were so confident to speak in public, to pitch an idea…it was amazing to see how much people evolved.
It changed the way I think, I learned to manage my emotions better, I learned a lot of negotiation techniques, and overall, it was a wonderful experience”
Johan from South Africa
MBA – Class of 2022
Alumni
“I gained a lot of confidence in my professional and personal life that I know will take me very far. You get forced to sit down and think where you want to go in the future, and I now understand better who I am.
It changed the way I approach things, problems, challenges, and managing people. I became more agile, and I built a lot of resilience“
Our Faculty comes from the Business and Academic world!
Professor of Management, Luxembourg School of Business
Director, Labor Relations Programs on Conflict Resolution at Cornell University, Lecturer at LSB
Associate Professor of Business Administration at Fuqua School of Business (Duke University)
-
Research Fellow & Lecturer at the University of Michigan
How to Apply?
Start your Full-Time MBA application procedure here and join the program in September. One of our Admission Managers will contact you shortly to support you through the process.
The Full-Time MBA program is accredited by the Ministry of Research and Higher Education of Luxembourg.
Step 1
Apply online and upload documentation
SEPTEMBER INTAKE
The first deadline to get a 5% discount: 15th of April
Final deadline for ATS/Visa students: 15th May
Final deadline: 1st of August 2024
Step 2
Essay and Interviews
– Candidates will be asked to write a short essay on a specific topic (e.g. a quote from a famous person).
– Pre-selected candidates will be invited for the interviewing process.
Admissions Decision
Admissions Decisions are made on a rolling basis. Limited places are available.
Candidates will be informed of the outcomes by email.
Upcoming events
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