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LBS MIM Review

The London Business School, referred to as LBS, is a prestigious business school affiliated with the University of London. According to Financial Times, it is ranked 2nd in Europe in the Best business school category.

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London Business School MIM Introduction

Accreditation

AMBA, AACSB & EQUIS

International Students

90%

Women

47%

Alumni Network

300,000+

Salary

Salary

£43,245

duration

Course Duration

12-16 Months

fees

Course Fee

£39,200

Intake

Intake

1

LBS is a prestigious name and is spoken about in high regard. However, its MBA program is very well known, and it has a long & rich history behind it. The Masters in Management program at London Business School was started just a few years ago but has become a force to reckon with at a fantastic speed. The LBS MiM program offers a tremendous fast-paced curriculum, the school’s famous brand, and a rich network of alumni. This makes the program one of the most sought after in the entire world.

It is located in Baker Street, a few blocks from the City of London’s financial district. It offers a variety of programs in various areas such as finance, management science, and entrepreneurship. Graduate and doctoral students come from all over the world to learn about business and perform extensive research in related subjects.

The top management team at LBS is 65 per cent female, with employees from 55 different countries. Thanks to its outstanding education, the school has produced successful businessmen and entrepreneurs such as Kumar Mangalam Birla, Tony Wheeler, Wong Kan Seng, Cyrus Mistry, Ramji Raghavan, and many others. The admission process has a few requirements like the GMAT score etc. Let’s find out more about LBS MiM.

LBS MIM Class Profile

The MiM is a comprehensive training program designed to help individuals develop their critical business understanding and international perspective.
LBS values diversity and inclusion. They are committed to welcoming everyone, regardless of their backgrounds.

Average Age

23

GMAT

681+

Nationalities

12

Average Work Ex

0-2 Years

Average GPA

3.3

Class Size

282

LBS MIM Acceptance Rate

The London Business School has a 35% acceptance rate, which indicates that it is very selective but the school has a relatively large class size. of 248 students . The school’s Master of Management program is regarded as one of the best in the world. It aims to provide students with the necessary business skills and international perspective to succeed in their careers.

Program and Curriculum of LBS MIM

The LBS MiM programme is structured to provide a blend of in-depth theory and practical experience. It provides students with full-time corporate work experience alike. In addition, students can select from a list of 40 electives. Aside from the theoretical courses, there are Global Immersion field trips that help transfer theory to experience to solve problems, which is a basic business ability in high demand.

Core Course

  • Applied Microeconomics
  • Data analytics for management
  • Finance
  • Financial Accounting
  • Marketing
  • Personal and Professional growth
  • Strategic Analysis
  • Decision and Risk analysis

Electives

The electives are offered in the following academic areas:

  • Business analytics
  • Finance
  • Management accounting
  • The Global Macroeconomy
  • Strategic analysis
  • Marketing
  • Performing in organizations

Extra Activities

Global Immersion Field Trips

Global Immersion Field Trips (GIFTS) during LBS MIM are an integral part of your degree and expose you to the key themes of entrepreneurship, sustainability, and social impact. The trips are an immersive and transformative part of your learning experience, building experience and skills and challenging you to work with communities, organizations and different business cultures to solve real-world business problems.

Current GIFT locations are as follows:-

  • Silicon Valley
  • Tel Aviv
  • Beijing
  • Cape Town
  • Medellin
  • Kathmand

Internships

The introduction of a fourth term expands your eligibility to apply for more internship opportunities. For companies that recruit on a strict penultimate year policy, you will now be able to apply for summer internships commencing at the end of your core course work, then return to campus in the autumn term for additional electives. Students are required to source their own internship opportunities.

Guest Speakers

Gain expert insight into how our complex global business world operates, its challenges and the innovative business practices that differentiate top performers. Inspirational leaders from business, politics and the arts have included Apple’s Pascal Cagni and Dame Amelia Fawcett, non-executive Chairman of The Guardian and former Banking Executive at Morgan Stanley.

Business Sector Clubs

Student Clubs are an absolute favourite and the heart and soul of the London Business School student experience. 75+ clubs provide a vibrant, collective and fun community to suit the needs of our diverse and international student body. Clubs are also an opportunity to explore areas of business interest and provide important networks that extend to alumni and the wider community. Some of the clubs include:

  1. Out in Business
  2. Retail & Luxury Goods Club
  3. Social Impact Club
  4. Sports Business Club
  5. Technology and Media Club
  6. Women in Business

Eligibility and Requirements (How to get into LBS MIM) 

Eligibility

  • Recent graduate; a person with less than one year of full-time corporate work experience or less than two years in a non-traditional business role.
  • Graduate with a UK 2:1 or higher (or are you expected to) in any discipline; this equates to above-average academics in other grading schemes.
  • A minimum of 3.3 GPA in the bachelor’s program must be obtained by the candidate.

Document Related to the Application

  • Online application form
  • Application Essays: 4 long essays & 3 short questions
  • GMAT/GRE Score
  • One page CV2 Letters of recommendations: One academic & one professional
  • A copy of the college transcript
  • IELTS, TOEFL, Cambridge CPE, CAE or PTE Academic score (for some international students)
  • Application fee of £95

LBS MIM Deadlines

You may apply for admission to any of the following deadlines in the calendar. If you are not able to meet one of these deadlines, then you should submit your application by 11.59 pm UK time on the day of your choice. To ensure that your application is complete, you should also complete and submit all of the necessary documents.

The selection criteria for London Business School are the same as those used throughout the admissions cycle. However, in the final months of the process, there are often more applicants. If you are still interested in a scholarship, then please submit your application no later than March 30.

The deadlines for the MiM 2023 class i.e. August 2022 intake are-

Deadline Dates
1st Deadline 24 JANUARY, 2022
2nd Deadline 30 MARCH, 2022
3rd Deadline 27 MAY, 2022

 

LBS MIM Employment/Placement

The Masters in Management program at London Business School has been developed in extensive consultation with leading recruiters, and the curriculum focuses on the knowledge and skills top-flight employers demand. As a result, the MiM at LBS is excellent preparation for your management career. Global companies come on campus throughout the year to recruit our talent; termly recruitment fairs give you the chance to network with a wide range of companies, ranging from finance and consulting firms to tech firms and start-ups.

Almost all London Business School’s 2019 graduate students accepted an offer within the three months following their graduation. The majority were hired in the UK or Europe with an average salary of $54,093.

 

£42,259

AVERAGE STARTING SALARY

96%

PLACEMENT

Top Sectors hiring LBS MIM Graduates

The Masters in Management curriculum is designed with the help of leading employers to provide the knowledge and skills needed by today’s workers.
With LBS’s central London location and extensive business connections, one can easily reach out to potential employers and gain the skills and knowledge that will allow you to excel in their career.
The Masters in Management programme is designed to provide you with the necessary skills and confidence to successfully communicate your value to potential employers.

Companies recruiting from ESADE Business School MBA

Consulting Sector

  • Ernst & Young
  • McKinsey & Company
  • Boston Consulting group
  • Deloitte Consulting
  • Efficio Consulting
  • Roland Berger Strategy Consultants
  • Solon Management Consulting

Finance

  • Goldman Sachs
  • J.P Morgan
  • Barclays

Technology

  • Amazon
  • Facebook
  • Accenture
  • Oracle

LBS MIM Alumni Info

With over 45,000 members worldwide, the London Business School alumni network is known for its diverse resources and opportunities.

Some Famous Alumni

  • James Alexander- Senior E-Comms Analyst, Ray-Ban.com, Luxottica Group
  • Allan Baudoin- Founder, Allan Baudoin Bootmaker
  • Thomas Carroll- Associate Partner Manager, Amazon

We have a 97% Success Rate In Helping Applicants Get Into Top Schools Like

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Application Essay for LBS MIM

 

Q1: What motivates you to further your academic and professional interest in business and why do you want to pursue the Masters in Management or Global MiM program at London Business School community?

Q2: During your time as a student, how will you contribute to the London Business School?

Q3: Global MiM applicants will be required to complete an additional video essay component of the application via Kira Academic. You will receive the details of how to access your video questions via Kira within one week of submitting your application.

Q4: Please tell us which country/countries you hope to work in after graduation

Q5: What are your post-Masters in Management /Global MiM career goals? Please state your ideal sector, role, and function

Q6: What would be your Plan B career goals? Word Limit(300 words max)

Q7: Tell us about your main interests and activities in your free time.(Word Limit: 400 Words)

Q8: Please tell us your most significant international experiences to date. (Word Limit: 100 Words)

Q9: Based on your current knowledge of the programme, what do you think will be the key challenges for you during the Masters in Management/ Global MiM, both academically and personally? How do you intend to overcome these challenges?
(Word Limit: 300 Words)

Q10: We encourage applicants to take into consideration the impact of study on family and friends. Who have you discussed your plans with and what was the response?
(Word Limit: 300 Words)

Q11. If you know any London Business School Alumni or Students, please give their names, graduating class and tell us how you know them.
(Word Limit: 300 Words)

Letter of Recommendation for LBS MIM

  1. How do you know the applicant? How long have you known them for?
  2. What would you say are the applicant’s key strengths and talents?
  3. What would you say are the applicant’s key weaknesses or areas for improvement?
  4. How do the applicant’s performance, potential and personal qualities compare to those of other individuals in similar roles?
  5. What do you think this person might be doing in ten years’ time? Why?

Interview Questions for LBS MIM

Here are some questions that you should consider while preparing for the interview-

Set 1
Q1: Run me through your resume.
Q2: Few questions related to me job experience and other things I mentioned in the application form.
Q3: Why Program X & Why LBS?
Q4: Other schools you have applied to and which one will you choose if you get through all?
Q5: What if you don’t get through LBS this year and LBS asks you to apply again next year?
Q6: What is your leadership definition? Are you a leader?
Q7: How will to contribute to peer learning at LBS?
Q8: Talk about your strengths & weaknesses.
Q9: Tell me about your educational background and job.
Q10: Why did you choose this job

Set 2
Q1: Why Program X now? Do you think LBS will help you in achieving your post Program X goals?
Q2: What if you don’t find a job post-graduation from LBS?
Q3: How will you ensure that you find a job post-graduation?
Q4: How will you add value to your peer group at LBS apart from sharing learnings from your work experience?
Q5: Why will you choose LBS over other B-schools listed in my application?
Q6: Are you a team player? Give examples of situations where you have worked closely in teams.
Q7: How will you fund your venture and other expenses ( since I mentioned that I will be starting my venture post Program X)?
Q8: Is your employer’s business strategy right? i.e., business model, market, etc
Q9: What are your industry’s key trends/ latest developments?
Q10: What is your Plan B if consulting/Investment banking does not happen?

Set 3
Q1: What are your key strengths? Can you give some examples, please?
Q2: What is your biggest weakness? Can you give some examples, please?
Q3: How can you add value to the Class?
Q4: Why should we take you?
Q5: One reason that we should not select you?
Q6: Interests and Hobbies – Be prepared!.. questions as basic as “Why do you do poetry (or any other activity” may be asked.
Q7: What would you describe as your greatest achievement to date?
Q8: Give me an example of a time you faced a conflict while working on a team. How did you handle that?
Q9: Give me an example of a time when you did not meet a client’s expectation. What happened, and how did you attempt to rectify the situation?
Q10: Do you have any questions for us?

Set 4
Q1: Why should we take you?
Q2: One reason that we should not select you?
Q3: Interests and Hobbies – Be prepared!.. questions as basic as “Why do you do poetry (or any other activity” may be asked.
Q4: What would you describe as your greatest achievement to date?
Q5: I have read your essays. I want to know why you chose this year to apply for Program X? Do you think it is a perfect time for Program X for you?
Q6: You have mentioned your career goal in your essays. Could you explain in detail about it? What exactly is your plan, which are your targeted companies, etc.?
Q7: I see that you have served in one of the companies for just 4 months? Why did you leave it so early? Do you think you could have waited for some more time there?
Q8: Tell me something about the NGO you are associated with and your responsibilities there?
Q9: If I say that you are taking this interview for LBS, then what is that one key thing you would be looking for in the applicant?
Q10: How are the key things that influence Indian businessmen or entrepreneurs in doing business?

What makes LBS MIM Unique

Here are a few facts about LBS that makes it unique-

  • London Business School doesn’t just focus on London. It’s about using the city as a platform for global thinking and global impact. With a variety of programs and courses, students are able to create a unique perspective on business, and are equipped to make a difference in any industry.
  • The London Business School’s MBA program is incredibly flexible. You can take the same course in different formats, so you can keep up with all of your professional and personal commitments. This allows you to balance your time and make the most of the opportunities that the program has to offer.
  • The London Business School’s students are passionate about traveling, and there are literally a couple of trips a week to some of the world’s most interesting and diverse destinations. Some of the most popular trips that the school’s students take are the Japan Trek, the Snow Trek, and the Dublin trip. These trips are designed to create a global mindset.
  • They will be mentored by experienced professionals like MBA and MiF alumni’s who would provide guidance regarding job applications and advice. Through lectures and panel discussions, students will gain insight into the best practices of successful executives. 
  • There are more than 75 student clubs ensuring holistic growth and development. 
  • Experiential learning is a key component of the London Business School’s experience. It allows students to connect with industry and gain a deeper understanding of what they’re learning. From field trips to speaking engagements, the school’s Experiential Learning program is designed to introduce students to the world of business.

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FAQ’s

Do they provide an in-person tour of the campus?

In addition to campus talks and tours, they offer a variety of online events that the students can check out according to their convenience.

 

Is the English language the mode of communication on campus?

You must be fluent in English to be considered for admission. This depends on the level of education you have obtained.

 

Does LBS take GRE for MiM?

They accept both the GMAT and GRE. Therefore, one must take one of these tests prior to submitting their application. We require the GRE and the GMAT as part of the admission process. Although we do not have a preference, we do not mind if an applicant chooses to take either test.

    Who is an ideal candidate?

    The admissions team is looking for individuals who are passionate about participating in various community activities. These include sports, social events, and clubs along with academics.

     

     

    Is a 3-year degree accepted at LBS?

    Yes, to be considered for admission, an individual should have a bachelor’s degree that has a Cumulative Grade Point Average of 3.5 or higher.

     

     

     

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