The London Institute of Banking & Finance
London, United Kingdom
- Cost of Living£ 26,592
- Tuition Fee From£ 4,500
- Country Rank-
- Batch Strength149
- Global Diversity7%
- Gender Ratio78:22
Overview
About
The London Institute of Banking & Finance (LIBF), based in Leicester, UK, is an educational institution that specializes in banking and finance courses. It is a centre for banking and finance professionals, founded in 1879 and was initially known as the Institute of Bankers. The institute was started by bank employees to enhance education and professional standards in banking.
For years, The London Institute of Banking & Finance (LIBF)has continuously introduced new educational courses in finance. It includes the launch of a B.Sc. (Hons) in Financial Services in 1996 in collaboration with the University of Manchester Institute of Science and Technology. The institute also created the first UK personal finance courses for youth in 2001. In 2023, the Institute went through major organizational changes and was renamed The London Foundation for Banking & Finance, while still being an educational charity.
Ranking
The London Institute of Banking & Finance ranking in 2023 highlights the institute's vital role within the United Kingdom. You can look at the table below to get a precise understanding of The London Institute of Banking & Finance ranking in 2023.
|
Ranking Body |
Country Rank |
World Rank |
|
Top Universities List |
150 |
3943 |
|
University Guru - Webometrics |
- |
8927 |
|
University Guru - UniRank |
- |
4593 |
|
University Guru - 4icu.org |
161 |
4794 |
|
The Complete University Guide |
- |
Not Ranked |
|
uniRank 2023 Review |
149 |
4048 |
Year
QS Ranks
US News Ranks
2023
-
-
2022
-
-
2021
-
-
Facilities
The London Institute of Banking & Finance facilities are well-known among the student circle in the UK. Apart from the facilities, the institute also provides various kinds of support services to its students.
Learning Facilities:
- Advanced learning technology.
- Computer and seminar rooms.
- facilities.
- Henry Grunfeld Library with core texts, books, e-journals, and archives.
- Bloomberg Terminal for trading simulations.
Student Amenities:
- Common room for relaxation between lectures.
Student Support:
- One-to-one assistance from lecturing staff, library team, and careers team.
- Student Centre staff for academic issues, career guidance, pastoral support, and student engagement activities.
- Student mentor scheme for study skills, motivation, and time management.
Student Societies:
- Investment Society.
- Politics Society.
- Five-a-side and 11-a-side Football Societies.
- Women in Finance Society.
- Support for establishing new societies.
International Student House (ISH) Membership:
- Free membership for students.
- Access to the Thirsty Scholar student bar.
- Support, accommodation, and other services for students in London.
- ISH Travel Club offers discounted trips.
Courses
Admission
The London Institute of Banking & Finance Entry Requirements
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Undergraduate Entry Requirements
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A-Level Grades
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Offers are normally made at ABB/BBB, excluding General Studies, Critical Thinking, Extended Projects, and Citizenship Studies.
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GCSE Requirements
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A minimum of GCSE Maths Grade B (or Grade 6+) and GCSE English Grade C (or Grade 4).
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Preferred A-Level Subjects
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Mathematics, Further Mathematics, Economics, Statistics, or Physics.
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Alternative Qualifications
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BTEC Extended Diploma at D*DD, Diploma and Subsidiary Diploma, International Baccalaureate (30-32 points).
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Typical Offers
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Typically, ABB at A Level and Distinction or Distinction* at BTEC.
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Additional Qualifications
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Financial Education qualifications contribute to meeting entry requirements and can help applicants stand out.
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Post Graduate Entry Requirements
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Academic Qualification
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A 2.1 honours degree, or equivalent, from a recognized institution, or a Chartered Associateship through the ‘qualification’ route with LIBF.
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Consideration for Equivalent Experience
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Applicants with equivalent experience and qualifications may be considered, even if they do not meet the exact requirements.
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Additional Assessment
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Applicants might need to show they can achieve at the master’s level through an interview or additional written work.
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English Language Proficiency
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For non-native English speakers, an IELTS score of at least 6.5 or equivalent is required.
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The London Institute of Banking & Finance Fees
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Level
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Program
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Duration (Months)
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Fee for International Students
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Fee for UK Students
|
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Undergraduate
|
BSc (Hons) Banking & Finance
|
48
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£13,000 per year
|
£9,250 per year
|
|
Undergraduate
|
BSc (Hons) Finance, Investment & Risk
|
36
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£13,000 per year
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£9,250 per year
|
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Postgraduate
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MSc in Banking & Finance (Full-time)
|
12
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£11,000 (Total)
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-
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Postgraduate
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Postgraduate Diploma (Full-time)
|
8
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£8,000 (Total)
|
-
|
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Postgraduate
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Postgraduate Certificate (Full-time)
|
4
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£4,000 (Total)
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-
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Postgraduate (Part-time)
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Varies
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Varies
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£4,000 per year
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-
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The London Institute of Banking & Finance English Proficiency Requirements
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English Proficiency Test
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Undergraduate Requirements
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Postgraduate Requirements
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IELTS
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Level 6 or above with no element below 5.5.
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Level 6.5 or above with no element below 6.0.
|
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TOEFL
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Minimum 80 points.
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Minimum 88 points.
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Trinity College ISE
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ISE III at minimum pass.
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ISE II with distinction in each skill. Valid for two years.
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Duolingo English Test
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Minimum 95 points.
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A score of 110 overall, with 100 in each component.
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Cambridge Certificate
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Minimum B grade overall.
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A score of 176 overall, with 169 in each component.
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Placements
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Placement Feature
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Details
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Personal Career Coaching
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Available in person, over Zoom, or by phone
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Internship/Placement Assistance
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Assistance with finding internships, placements, and graduate jobs through their online careers center
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Networking Events
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Exclusive evening events for networking with industry professionals and alumni
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Workshops
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Regular workshops focusing on CV writing, interview preparation, and understanding psychometric tests
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Mock Interviews & Assessment Days
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Provided to enhance preparation for real-world scenarios
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Employer Events
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Hosting events with speakers from leading banking and finance companies, offering valuable networking opportunities
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Post-Graduation Support
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Continues to support its alumni
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Membership
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Graduates become Associate Members of LIBF
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Benefits for Alumni
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Access to benefits and services aiding career progression
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Chartered Status Eligibility
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Alumni are eligible to apply for chartered status, a professional designation of distinction
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Scholarship
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Scholarship/Bursary Type
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Eligibility Criteria
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Scholarship/Bursary Amount
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UK Postgraduate Scholarship (Academic)
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UK students without professional work experience, demonstrating successful academic journey
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£2,000 (credited against tuition fees)
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UK Postgraduate Scholarship (Working Professional)
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UK students who are working professionals in banking and finance
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£2,000 (credited against tuition fees)
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International Student Scholarship
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International students enrolling in LIBF’s online postgraduate courses. Amount varies by course and origin country
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Up to 60% reduction in tuition fees
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Bursaries (For Undergraduate Students)
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UK residents, funded through Student Finance England, household income ≤ £40,000
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Varies based on household income, up to £1,000 (awarded automatically based on eligibility)
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Finances
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Funding Source
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Description
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Student Finance England (SFE)
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A government service offering loans and grants for tuition fees and living costs to eligible students. Offers additional support for students with special needs.
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Professional and Career Development Loans (PCDL)
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Bank loans for courses and training aiding career development. Available for students not eligible for SFE support. Must be repaid with interest after the course.
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Employer Sponsorship
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Employers may sponsor or partially fund employees’ studies at LIBF, particularly if relevant to work. Terms and conditions vary by employer.
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Accommodation
The London Institute of Banking & Finance doesn't have its accommodation but collaborates with various partners for student housing.
Types of Accommodation
- Options include private apartments, shared flats, and student residences.
Variety in Pricing & Amenities
- Differing costs, locations, and facilities like Wi-Fi, parking, and fitness centres.
University Living Partner
- Offers near LIBF accommodations in Spitalfields, The Curve, Chapter Old Street, etc.
- Features: Ensuite studios, apartments, free breakfast, etc.
- Price Range: £269 to £497 per week.
The Stay Club Partner
- Provides housing in Camden and Kentish Town, under 30 minutes from LIBF via tube.
- Features: Self-contained studios, Wi-Fi, parking, airport transport, and room service.
- Price Range: £306 to £405 per week.
Students can also look for other accommodation options through websites such as UniAcco. This platform allows students to search for properties based on their preferences, such as budget, location, facilities, etc. They also provide reviews, ratings, and photos of the properties.
Cost of Living
This segment enables students to analyse more about the expenses such as housing, accommodation, transportation, etc. It is prepared to support the students who are planning to apply to The London Institute of Banking & Finance (LIBF) in Leicester, United Kingdom.
|
Particulars |
Cost (Monthly) |
|
Off-Campus Accommodation |
£ 1,220 |
|
On-Campus Accommodation |
£ 1,200 |
|
Transportation |
£ 186 |
|
Food Cost |
£ 480 |
|
Entertainment |
£ 60 |
|
Groceries |
£ 200 |
|
Clothes |
£ 70 |
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Total Cost of Living with Off Campus Accommodation |
£ 2,216 |
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Total Cost of Living with On Campus Accommodation |
£ 2,196 |
|
Annual Cost of Living |
£ 26,592 |