LUMS MBA Fees and Costs 2015

Posted by on October 9, 2014 in LUMS MBA | 79 comments

LUMS MBA program is a premier MBA program in Pakistan and has been ranked as the top MBA program in Pakistan by HEC. It is also amongst the top 500 Business programs in the world. LUMS MBA graduates normally find high paying jobs at top organizations even before graduating with starting salaries ranging from 90,000 PKR to 500,000 PKR for those hired by top firms like McKinsey consulting. Hence it is expected that LUMS would be an expensive university to get an MBA.

The total cost of studying at LUMS for a two year MBA program can range from 1.5 to 2 million PKR. Here are the estimated costs of LUMS MBA for the year 2014 and 2015.

Tuition Fees: Rs. 642,000 (321,000 per semester)
Admission Fees: Rs. 64,500 one time
Other Fees: Rs. 65,450 one time and includes reading material etc.
Registration Fees: Rs. 17,500 per semester
Refundable security deposit: Rs. 15,000
Hostel Charges: 26,250 per semester
Hostel Registration Fee: 1,600 per year
Hostel Security: 13,000 one time refundable charge
Laundry: 3,000 per semester

The living expenses vary depending on your living standards and the number of dependents you may have. You must plan for increases in tuition and fees for each year of enrollment since costs may vary without prior notice. If you have dependents then you will incur approximately 40% additional expenses.

79 Comments

  1. Avatar

    Sir can you publish cost of graduate studies in USA for pakistani students including visa costs..

    • Avatar

      It ranges from 40K to 80K USD depending on the university 🙂

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        Thanks Dir for your reply.What is the cost of visa if someone is offered fellowship with fee waiver.And in this case bank statement is required or not?

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          around 40,000 for visa and processing. No bank statement in case of full waiver

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            Thanx Sir for your reply.Sir I am intended to do MS Petroleum with BS Mechanical.Most of universities(approx all) accept that cases as core courses are almost same.What you think will it be a problem for FullBright Scholarship or not??

  2. Avatar

    Sir,i want to ask about reccomwendation letter,because i am not cleared regarding this matter.so can u plz help me out on this isue?!

  3. Avatar

    Pls confirm the total number of semister of MBA from LUMS

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      4 semesters for LUMS MBA program.

  4. Avatar

    respected sir. if someone have no experience so is he can successfully get admission in LUMS MBA?

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      Without experience it is nearly impossible.

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        What kind of work experience ? In an organization or can be in local factories or managing a boutique is also acceptable?

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          Any kind of experience where you actually learn some business, management etc.

  5. Avatar

    Hi Sir,

    I did ACCA from LSBF London in 2012 & also have a 2.2 in applied accounting from oxford brooks. Since 2012 i have been working as an accountant in one of the SME importers in UK. I have gained thorough understanding of accounts and management reports.Do you think i can easily gain admission in lums? If yes then does this assures a good future in Pakistan? I am already 29 years old and really stressed out. I cant stay in Uk because my Visa is coming to an end.please share your valuable opinion.

    • Avatar

      Hey Kamran – well rare to see someone at 29 get into LUMS MBA – they generally recommend people around that age to go for EMBA.

  6. Avatar

    i have passed b com hons i want ms plz guide me

    • Avatar

      What guidance do you need Inam?

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        after b.com hons mba is 1.5 years?

  7. Avatar

    Hi Talha,

    I would really appreciate it if you could give me an advice. I am an ACCA member and have been associated with auditing and accounting all my career. An MBA from LUMS appeals to me, but is it really worth it to pause my career for 2 years and also risk starting afresh in a relatively newer field? I would like to stay in accounting/auditing or perhaps Islamic finance, but again, I am not sure if an MBA from LUMS is the best choice for the said field. Thank you.

    • Avatar

      Well Hammad – an MBA for a specialists such as you would not help much since you want to stick into your field. I would suggest, a better degree would be a specialized masters in accounting. An MBA makes you a generalist not a specialist.

  8. Avatar

    what is the GMAT specified book for preparation ?

    • Avatar

      GMAT official guide is a great book to prepare from.

  9. Avatar

    Hi Sir, can a call center job experience be counted an appropriate work experience to apply?

  10. Avatar

    sir please tell me that total number of gmat and about loan or scholarship?

    • Avatar

      There are no scholarships. Only loans

  11. Avatar

    Please share no. Of semesters for MBA course for undergraduate students.

  12. Avatar

    sir.
    is there any programe for b.com 2 years???
    or only sixteen years education is compulsory for MBA????

  13. Avatar

    Hey !
    My gud Name is Umer Qayyum . Iwant to know That LUMS Offered MBA , if the student Pass The Degree of BA in General Subjects.
    Futhur Know about the Total Fees Of MBA after BA 🙂
    Thanks

    • Avatar

      Hello Umer – LUMS offers MBA admissions after 16 years of education and 1+ years of work experience – Total cost is 2.5 million

  14. Avatar

    Aslam.o.alaikum
    Sir i want to ask that what we should do for getting admission in mba after 2 year b.com

    • Avatar

      WAS – For MBA at LUMS you need 16 years of education

  15. Avatar

    What is better
    Ca or lums mba
    After graduation

    • Avatar

      Both are equally good and depend on what you want to do in the future (of course your interests too)

  16. Avatar

    Is there any scholorship for MBA Programme?

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      There is an MCB loan given out to LUMS students

  17. Avatar

    A.O.A …SIR I didn”t get that ..what do u mean (after 16 years of education):o

  18. Avatar

    If someone have Bsc science 2 years second division and MA Economics private 3rd division total 16 years educarion with very sound companies work experience eligible for 2 years MBA or EMBA ?

  19. Avatar

    Hi Talha, how can we connect you on social media?? thanks

  20. Avatar

    Hello Talha,

    In your opinion what is ROI for LUMS MBA? and can you compare LSE MBA with LUMS?

    Thank you!

    • Avatar

      Hello Junaid – I would say the ROI is 2-3 years easily for LUMS – I cannot vouch for IBA since I haven’t had much experience dealing with IBA admissions and graduates but I must say that LUMS is number 1 by far when it comes to MBA!

  21. Avatar

    What is the approximate cost for EMBA at LUMS.

  22. Avatar

    After mcom how many semester required for mba?

  23. Avatar

    Aoa sir ,, i want to know i did f.sc and now which course should i need to do to get admission in MbA in LUMS

  24. Avatar

    ONE more thing i want to know am in china now doing some work can i do private BA OR B.SC to get admission in lums in future

    • Avatar

      No you cannot do private degrees to get into LUMS

  25. Avatar

    Hi sir is there any schoolarship for MBA? If yes then how can i get like i cant offord 1.5 millions

  26. Avatar

    I have completed my bachelor’s in accounting and finance with 3 CGPA can I get direct admission for MBA without work experience
    If no than which university among the top in Pakistan would give direct admissions without work experience

    • Avatar

      Hello – Other than LUMS and IBA all programs can give you admission without work experience.

  27. Avatar

    how much work time is required for do MBA from LUMS

  28. Avatar

    Do we need GRE subject test or GRE general for admission in Executive MBA. and GMAT is better or GRE

    • Avatar

      GRE general – both are equally acceptable

  29. Avatar

    Thanks Talha
    Can we get equal opportunities after EMBA and MBA from LUMS. do they differ in curriculum

    • Avatar

      Hello – they differ greatly in curriculum as well as opportunities

  30. Avatar

    Hi Talha,
    I have BS(CS) and MS(CS) degree and also work experience of 3 years as a senior software engineer and one and a half year as a entrepreneur.
    GRE-307 and GMAT-560
    Can I get admission in LUMS MBA?
    Also tell me that can one work while doing MBA at LUMS or no?
    Also answer my second question that can i get into EMBA?

    • Avatar

      Hello Ali, Yes you have good chances for LUMS MBA – but you cannot work while doing MBA – EMBA is not an option in your case – it requires at least 6 yrs of work experience.

  31. Avatar

    sir Please tell me that i am a chemical eng. from pu.how can i get admission in lumbs mba

    • Avatar

      For LUMS MBA you need 2+ years of work experience with a 310+ GRE or 600+ GMAT.

  32. Avatar

    Hello Sir. I have completed my bba from IBA university. I am 22 years. I have 2 three months (six month in total though different jobs) job experience. My exams were held in feb so can i apply for mba in lums in april? I have also completed interior designing and photogrophy diploma from karachi university of arts. And event management and buisness communication diploma from indus valley school of arts. I live in karachi and i want to apply to lums. Will they accept me?? How can i better my chances o getting into Lums?

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      LUMS MBA requires full-time work experience after graduation. Although you can apply with internships but chances of admissions will be very low. You must work for 2 years now before applying in order to improve chances.

  33. Avatar

    Hello Talha! I am an electronics engineer in air force with CGPA of 2.38 in BE from NUST . have 22 years of job experience. have done masters in Computer Engineering from UET Taxila with 3.85 CGPA. can I get admission in MBA/EMBA at LUMS. ? how to do you compare the opportunities after MBA/EMBA. are there options of interest free loans? or scholarships?

    • Avatar

      Hello, Well with such a vast experience LUMS EMBA will be more suited to your needs – well honestly MBA is more apt than EMBA when it comes to better opportunities but in your case LUMS might not take you in their regular MBA program because of your experience. However EMBA also does provide with alternative careers.

      • Avatar

        thanks Talha

  34. Avatar

    Hello! Is the high cost of LUMS MBA justified? Don’t you think that with this amount of money one can pursue MBA abroad …..

    • Avatar

      Hello. If you want to stay in Pakistan then LUMS MBA cost is justified. MBA from abroad has no recognition in Pakistan unless it is from a top 5 global program.

  35. Avatar

    hello sir. does LUMS offer MBA in marketing ??

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