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Ameer Khatri MBA Consultant

LBS MIM Review

July 25, 2023

681

Avg. GMAT

22

Avg. Age

0-2 Yrs.

Avg. Exp.

288

Class Size

12-16 

Months Duration

Table of Contents

What is a good GMAT score for LBS MIM?

Short Answer – The average GMAT score at HEC Paris is 681 for the last entering class. If you score above 690, you have a fair shot and you will receive an encouraging response to your profile evaluation from the admission committee. 

Long Answer – There is no such thing as a safe score, higher is always better. In our years of consulting experience, we have seen our clients with 640 getting selected into top schools like HEC Paris and on the other hand, someone with a 770 getting rejected too. A good benchmark that we advise all our clients to beat is the average GMAT score of the last entering class as mentioned in the Class profile published every year. Scoring above the average gets you a fair shot; 

“The higher your score, the better is it for your interview or admission chance.” 

If you plan to apply with a score that is below the average, then you are starting a fight with one hand tied behind your back or, let’s say, you are starting a few yards behind your competitors. You can definitely catch up in other sections of the application by writing outstanding essays or performing really well in an interview later. But it is always nice to start ahead of the competitor. A higher GMAT score helps one gain a competitive advantage.

“What if you are from the overrepresented Indian or Asian Pool?”

The over-represented candidate pool of Indian or Chinese applicants usually goes through a rigorous preparation process for GMAT, with a lot of Indian applicants scoring quite high. Hence, the overall competition and the Average score for this diaspora go up by a few notches. That is why we recommend candidates within the most over-represented profiles to shoot at least 20 points higher than the school’s class profile average. 

 

Average Employment Salary after LBS MIM

Developed in extensive consultation with leading employers, the Masters in Management curriculum promotes the knowledge and skills leading companies demand.The average salary at LBS MIM for the last graduating class was £42,573.

94% of the class was employed within 3 months of graduation with the majority of the class going into consulting (45%), Finance (18%) and technology (27%) oriented functional roles. 

 

Key Employers

94%

Employed within 3 months of graduation

42,573

Avg. Salary

 

45%

Consulting

18% 

Finance

27%

Technology

10% 

others

 

£ 44,900

Tuition Fee

+ 

£ 13,200

Living Cost

58,100

Cost of Attendance

Tuition Fees & Scholarship at LBS MIM

The Tuition fee for LBS MIM  is £ 44,900 and an additional £ 13,200 living cost is expected to be spent.

In addition to the tuition fees, there is a Student Association Fee of £150 that covers the Student Association (SA) subscription, enabling students to participate in our vibrant community.

Important Scholarships

Quick Overview & Rankings

7

FT Rankings

3 

QS Top MIM

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Deadlines

LBS MIM Application Essays

  • Why are you applying to the HEC MBA Program now? What is the professional objective that will guide your career choice after your MBA, and how will the HEC MBA contribute to the achievement of this objective? (500 words)
  • What do you consider your most significant life achievement? (250 words)
  • Leadership and ethics are inevitably intertwined in the business world. Describe a situation in which you have dealt with these issues and how they have influenced you. (250 words)
  • Imagine an entirely different life from the one you lead, and what it would be? (250 words)
  • What figure do you admire the most and why? (250 words)

LBS MIM Recommendation Ques.

  • How long and in what capacity have you known the candidate? (No word limit)
  • If this is a work-related reference, in what position is/was the candidate employed and for how long? (No word limit)
  • What do you consider to be the candidate’s principal strengths/talents? (No word limit)
  • What do you consider to be the candidate’s weaknesses or areas that need improvement? (No word limit)

Application Process & timeline

We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks

Step 1

GMAT / GRE Score

2-3 months.

If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average. 

Step 2

Profile Evaluation

 1-2 weeks.

Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile

Step 3

Application Prep

3-4 weeks at least. 

Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.

Step 4

Interview Prep

1 week

School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.

FAQs about LBS MIM

Masters in Management (MiM)

  • one-year programme
  • for recent graduates wanting to kick-start a career in business
  • build skills and knowledge to perform in all areas of management

Global Masters in Management (GMiM)

  • two-year double-degree delivered by LBS and Fudan School of Management
  • an immersive and robust business education taught in London (first year) and Shanghai (second year)
  • explore diverse cultural, language and business opportunities

Masters in Financial Analysis (MFA)

  • one-year programme for graduates looking for a career in the finance industry
  • relevant undergraduate degree plus prior finance-focused internships
  • gain insight into the finance spectrum through theoretical and practical teaching

Masters in Analytics and Management (MAM)

  • one-year specialist programme for graduates looking for a career in business analytics
  • core courses in analytics and management combined with technical skills like Python, R, excel and other data-related software
  • develop skills to analyse data, develop insights and deliver real value and impact.

Please see our programme comparison tool.

LBS doesn’t provide student accommodation on campus; however, there are a number of places available exclusively to our students at accommodation halls around London. Details of these halls and how to apply are provided once you have received an offer for the programme.

You can enter all types of work experience in the Education and Experience section as well as detailing these experiences on your CV (Resumé).

Core courses include Applied Microeconomics, Data Analytics for Management, Decision and Risk Analysis, Finance, Financial Accounting, Marketing, Performing in Organisations, Strategic Analysis and The Global Macroeconomy.

Your learning is supported by a wide range of electives and practical options, including LondonLAB and Global experiential courses.

Explore our programme content page for more details.

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