Although Brexit have taken off a lot of sheen from UK B-schools, LBS is still among the schools worth taking a shot at if you want to make a career in the coveted finance capital of Europe. The school attracts an annual incoming class of about 400 MBA students from 59 nationalities who are globally minded by nature.
The full-time program can be completed in as short as 15 months, by taking fewer electives, or as long as 21. Most opt for the full 21-month length of the program largely because they like it so much. The program begins in late August each year with orientation and a leadership module running throughout September. This is followed by three study periods: Autumn Term (October to December), Spring Term (January to March), and Summer Term (April to July).
- LBS apparently sends even higher % of students in consulting world than INSEAD and ofcourse Finance as well with impressive $112K and $105K average salary figures respectively.
- Most impressive thing about LBS placements is the high % of students going into Investment banking and Private Equity sectors. Other schools usually clubs corporate finance jobs under the finance tabs to make the sector wise placement statics look impressive.
Things to Consider
- LBS does not have any student housing options and living in London might cost you a bomb on top of the 88k Euro MBA tuition
- Apart from consulting Finance and Tech, LBS doesn’t really have much placement in any other sector or Function.
LBS Class Profile
LBS Placement Report
Essay 1 –
What are your post-MBA goals and how will your prior experience and the London Business School programme contribute towards these? (500 words)
Self-awareness about your strengths and interests will help you refine what you truly want in your career. To take your research into your post-LBS options deeper it could be helpful to talk to colleagues and alumni who have MBAs in your field to identify various career paths. Make sure that your career goals are both realistic and aspirational. Think about the short term roles that may lead to your most ambitious longer term goals.
Your past experiences have certainly informed your post-MBA plans, and touching on those most relevant will be helpful to setting the background for your current pursuit of an MBA. To make this essay more than a rehash of your resume, think about explaining the rationale for your decisions throughout the essay.
Why did you pursue your past experience and what has been the impetus behind subsequent career choices? At this point, why are you choosing LBS? If space permits, you will want to discuss the question of timing – why you have made the choice to pursue an MBA at this time, and why you want to attend LBS now.
Essay 2 – Optional
Is there any other information you believe the Admissions Committee should know about you and your application to London Business School? (500 words)
This open-ended question is a great opportunity to touch on a personal story or add color to your career goals if you choose to use it. Consider using a story that illustrates your passion for London or an aspect of LBS culture.
To inform your story, make sure you have done as much school research as possible. Ideally you have visited the school or attended an admissions event, or at a minimum, spoken to current or former students. This could also be the ideal place to describe a unique background, experience or attribute that did not fit elsewhere in the application.