Young college student have question and answer to teacher by video call E-learning ,online ,education concept
Young college student have question and answer to teacher by video call E-learning ,online ,education concept

FAQs

These frequently asked questions are in relation to our online distance learning courses only. If you’re interested in studying a full-time blended learning degree, please see our blended learning FAQs. 

Studying with The London Institute of Banking & Finance online

You’ll study in a virtual learning environment that uses the latest learning technology.

You’ll benefit from innovative multimedia tools and study materials including:

  • lecture notes

  • learning videos

  • revision courses

  • online consultations, and

  • live sessions with lecturers.

We also incorporate reports and case studies from everyday professional life into our courses.

Yes. One-to-one support is a fundamental part of what we do (see Will I be given academic support during my studies?). There are also Microsoft groups and online forums where you can meet fellow students for mutual support.

More information about student support is available here.

Yes. Once you’ve completed the self-assessment tests at the end of each module, your module exam or assessment will be activated automatically. You can schedule this online for a time that best suits you.

Yes. You’ll need to write a final thesis at the end of your studies. Our staff will be there to provide you with the support and guidance you need.

Even before you start, our study advisers will walk you through the application and enrolment process. Once you’ve begun your studies, our support staff will take care of administration and answer any questions you might have.

And, of course, our IT Helpdesk is always on hand to make sure that your virtual campus is working smoothly.

Yes. Academic supervisors will be on hand to help you manage your studies and prepare for exams.

If you’re struggling to balance your studies with your other commitments, your personal study coach will help you with organisation, motivation and time management.

Yes. Many of our students have work, family and other life commitments, so we have designed our online study programmes to take time constraints into account.

The full-time study period for an undergraduate degree is three years. There are two part-time options: four or six years.

The full-time study period for our master’s and MBA degrees is 12 months. There are two part-time options: one and a half or two years.

No. All lessons and exams are online and there’s no need for you to come to London at any stage. However, you’re welcome to join student societies and attend on-campus events if you wish.

You’ll find all the information you need to complete your application on our How to apply page. Click here to go directly to the online application.

Our Study Advisory Team will also be happy to guide you through the application process.

You can contact them by:

email: onlinedegree@libf.ac.uk

phone:  +44 20 3936 4055.

If you’re a UK-based undergraduate student, you can choose to start studying in October, January, April and June.

If you’re a UK-based postgraduate student, you can choose to start studying on the first working day of any month from October 1 onward.

International students can apply anytime for start dates available from October 1 onward.

As soon as you’ve accepted our offer – by signing and returning the study contract and all relevant documentation.

Once that’s done, we’ll send you your log-in details on your chosen start date and you can begin your course.

When you log into your digital learning environment, you’ll find information on all your modules, study materials, documents and dates. We’ll send you your log-in details as soon as you have enrolled with us.

Our cutting-edge virtual learning environment (VLE) and used by tens of thousands of students.

No. The course is 100% online and there is no need for you to travel to the UK.

Yes. At the end of your course you’ll be invited to attend an online graduation ceremony.

Our full-time blended learning courses combine online studies with in-person learning on our London campus. You can study the courses below in a blended study mode:

Bachelor's degrees 
BSc (Hons) Business Management
BSc (Hons) Computer Science
BSc (Hons) International Management

Master's degrees
MSc Data Science
Master of Business Administration (MBA) 

We also offer the following degrees in a traditional on campus study mode:

BSc (Hons) Banking & Finance
BSc (Hons) Finance, Investment & Risk

Our credentials

The London Institute of Banking & Finance is one of only a few professional bodies in the world with Taught Degree Awarding Powers. It is listed in the UK’s Office for Students Register as a higher education provider and has been awarding degrees since 2010. Its main campus is in London.

Yes. LIBF is regulated by the Office for Students (OfS) and must comply with all OfS' Conditions of Registration. We are also a member of The Quality Assurance Agency for Higher Education (QAA).

With over 140 years of combined business, finance, and technology expertise, LIBF presents a unique fusion of knowledge and experience. We provide students with a flexible learning environment, enriched with state-of-the-art study materials and personalised one-to-one support.

Yes. UK higher education enjoys an excellent reputation worldwide for the quality of its teaching.

As a UK registered higher education provider, we meet rigorous UK standards. We are also an internationally-recognised professional body. This means that an LIBF degree will open doors for you - wherever in the world you are based.

Exams and other assessments

Exams are 100% online and you’ll be able to take yours when you’ve passed your self-assessments. You can book your exam slot whenever suits you – 24 hours a day, 365 days a year.

You have two options for sitting an online exam:

  • reserve a fixed slot in advance, or

  • choose one at short notice.

Slots are available 24 hours a day all year round.

When booking a slot, you’ll see all available dates from at least 24 hours ahead. You can then choose a time to sit your exam that fits in with your schedule.

Exams last 90 minutes.

We’ll share your results on the learning platform about six weeks after you sit your exam.

No. Some modules require you to submit written work instead.

Our online exams are carried out and supervised by an external provider, with whom you’ll need to book a time slot in advance (at any time of day you would like). To take your exam, you will need to connect to the provider’s platform at the scheduled time, with either your laptop and an external webcam, or two digital devices (iPad and smartphone, for example) - one with which you’ll take the exam, and one which is set up so your keyboard, hands and face are visible from the side.

This is required in order to ensure that you take the exam without using any external help, such as contact with other people or using notes.

During my studies

Yes. You’ll be given an electronic student ID card.

Yes. You can apply for a leave of absence for legitimate personal reasons such as illness, bereavement, and other family or personal emergencies.

That will depend on your circumstances. Please contact our Study Advisors to discuss whether this is possible in your case.

Please talk to our Study Advisors to find out what your options are.

If you feel unable to complete your online course due to personal challenges, you can reach out to your Study Coach for support.

Study Coaching is an individual and dynamic process in which a coach supports you to understand and adapt your study behaviours.

A Study Coach accompanies you in reflecting on your study situation and, depending on your needs, will support you in refining your learning strategies, fine-tuning your time management, strengthening your motivation.  

All you need is a reasonably up-to-date computer – desktop or laptop – with a stable internet connection and a webcam.

Other internet-capable devices, such as tablets or smartphones, will also be useful. For full details, see the online learning page.

Yes. Once you’re registered as a student, you’ll be able to access our online library. Here, you can search for unlimited journal articles and literature and download them in e-book form.

You’ll have access to extensive interactive study materials in our digital learning environment, some of which draw from examples of real-life business situations.

These include video tutorials, podcasts, interactive PDFs, presentations and e-books from our online library.

Yes, you can interact with other students on our virtual campus, eg, by using Microsoft Teams.

Yes. If you want to, you’re welcome to join student societies and to attend social and networking events on campus.

Yes. You can sign up for a variety of student discounts with your @libf.ac.uk email address. These include UNiDAYS, Student Beans, Totum (NUS), ISIC and Amazon Prime Student.

Please note that not all discounts are available in all countries.

If you’re a UK student, or you're an international student studying a blended degree in London, you’ll receive an iPad preloaded with everything you need to get started. You can use this throughout your studies, and it will be our gift to you when you graduate.

For logistical reasons, we’re not able to provide this service to international students studying an online course at present. Should this change, we will let you know as soon as we can!

Once enrolled, you will be expected to meet LIBF's policies and standards.

Entry requirements

Discover our undergraduate and postgraduate entry requirements. We consider each application and individual set of circumstances on a case-by-case basis. If you're unsure if you meet the admissions criteria, get in touch and we'll talk through it with you.

If English is not your native language, you must provide proof of English proficiency. Full details can be found in our entry requirements.

Yes, we take all factors into consideration. In fact, applicants’ personal statements are a key part of the application process. We may also invite you for an interview in person, by telephone or video call.

If you’re unsure whether you qualify for the course that interests you, please get in touch.

Yes. Work experience is not a requirement.

If you have any concerns or questions about your eligibility for the programme, please get in touch.

Fees and funding options

The total fees are: 

  • £20,805 for an undergraduate course  

  • £9,750 for a postgraduate master’s course  

  • £10,250 for an MBA. 

The total fees are: 

  • £20,805 (£13,523 with an international scholarship) for an undergraduate course  

  • £9,750 (£6,338 with an international scholarship) for a postgraduate master’s course  

  • £10,250 (£6,663 with an international scholarship) for an MBA.  

Yes. Fees can be paid in monthly instalments, annually or in one go.

Yes. A fee reduction of 2% will be given for paying annually in advance for all of our courses, or 10% if you pay for your course in full at the start of your studies (only applicable to undergraduate courses).

We accept payments by bank transfer or credit card. 

Undergraduate distance learners aren’t eligible for maintenance loans. However, UK-based students studying a master’s or MBA qualify for the full loan amount, which covers both fees and some living costs. Our scholarships may also help with your living costs.

UK-based students can apply for a tuition fee loan at undergraduate level or the master’s loan at postgraduate level from Student Finance England. You can find out more about eligibility for tuition fee loans on our tuition fees page.

If you can't see your course on the Student Loan Company website, it may be because of the study mode you have chosen. You must select to study part-time in the first few steps of making your student loan application, even if you wish to study full-time. The part-time loan is enough to cover the tuition fees for your online degree.

If you have already started an application but selected full-time study, please cancel this application and begin a new one, correctly picking the 'Part Time' loan option.

If you still have any difficulties, please get in touch and we'll help you get set up.

When you study online with The London Institute of Banking & Finance (LIBF), you may be eligible for one of our funding support options, which are intended to make study more financially accessible for both UK and international students.

We offer several scholarships as follows:

UK Postgraduate Scholarship – Academic (£1,000)

If you live in the UK and have signed up for our online postgraduate programme, you can apply for an LIBF UK Postgraduate Scholarship. The Academic scholarship is for students from an academic background who have no professional work experience.

UK Postgraduate Scholarship – Professional (£1,000)

If you’re in the UK and are taking one of our online postgraduate courses, you can apply for a postgraduate scholarship. This will help you to cover your living expenses as you study for your master’s degree. The Professional Scholarship is aimed at students from a professional working background.

International scholarships – 35% off your tuition fees

If you’re studying online with LIBF from outside of the UK, you may be entitled to a scholarship for your undergraduate or postgraduate course.

See our Scholarships page for more information and details on how to apply.

No. Everything’s included in the tuition fee. Applying for the online degrees is completely free, just fill out the form and click submit.

After graduation

Our graduates typically work in business, technology, banking or financial services. For many, the next step is a promotion in their current role or a graduate trainee scheme in corporate, commercial, investment or retail finance companies.

Others join one of the ‘Big Four’ professional services firms – PwC, KPMG, EY and Deloitte – pursue a career in wealth and asset management or start their own business.

Yes. Our Careers and Employability team advises all graduates for up to three years after their graduation. The team offers personalised, sector-specific advice and career coaching on everything from interview techniques and job-search strategies.

Yes. Our higher education alumni are entitled to 10% off their fees if they study for a second degree with us.

Any questions?

If you have any queries about how to apply, our courses, or anything else, please ask for help.

Our office is open Monday to Friday from 8am to 4.30pm, UK time.