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London Business School

Masters in Management

$44,259

Average salary

 

96%

Placement

$12,000

Scholarship

Applying for LBS?

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Introduction – London Business School

Have you heard about the LBS MiM? Do you want to be a member of a successful LBS team? This blog contains the London Business School MiM review. The London Business School, referred to as LBS, is a prestigious business school affiliated with the University of London. 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 percent female, with employees from 55 different countries. 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, thanks to its outstanding education. The admission process has few requirements like the GMAT score etc. Let’s find out more about LBS MiM.

LBS MiM Overview

LBS is a name few need an introduction to. 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 an amazing speed. The LBS MiM program offers a great 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.

1964

ESTD.

LBS MiM Highlights

LBS alumni network

44000+

Nationalities

45

Placement

96%

International Students

94%

Program and Curriculum

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. Students have the option of selecting from a list of 40 electives. Aside from the theoretical courses, there are Global Immersion field trips that help to transfer theory into experience in order to solve problems, which is a basic business ability that is in high demand.

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

There are eight Major Subjects at the LBS MiM program, and students are required to choose from this wide range of electives.

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

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:-

  1. Silicon Valley
  2. Tel Aviv
  3. Beijing,
  4. Cape Town
  5. Medellin
  6. Kathmandu

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.

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.

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

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Employment

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.

£42,259

Average Salary 

96%

Placement

Top 3 Sectors

1- Consulting

2- Finance

3- Technology

Consulting 45%
Finance 26%
Technology 16%
Consumer Products 5%
Industrials  4%

 

Top companies recruiting from LBS

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
Other Sectors
  • Analysys Mason
  • BNP Paribas
  • Evercore
  • Oliver Wyman
  • UBS

Return on Investment (ROI)

Tuition Fees     £​​36,600
Cost of Living £989
Average Impact of Part-Time Jobs –  £4,500
Total Investment     £33,089
Average Salary     £42,259 ​
Amount Recovery (setting aside 25% of earnings)    2.84 years

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LBS MiM Alumni Info 

The London Business School alumni network is a storehouse of successful stories of top executives and entrepreneurs. From analyst and consultant positions in Mckinsey, Amazon, Philips to founders of powerful business enterprises, they have achieved it all. More than 42,000 alumni are working across different sectors in over 155 countries availing exchange between students and management across globe. In addition, the network organizes more than 1000 events to facilitate exchange between students and members and provide counselling to prospective students. As a result, 96% of MiM graduates get placed within three months of graduation. Therefore, LBS MiM placements ensure that their students get the right job at the best place.

Class Profile

Class Size

298

 Women

43%

Nationalities

46

Useful Information

The LBS MiM program is one of the most popular in the world. Attracting some of the highest performers and providing an excellent exchange between students. It allows you the opportunity to broaden your business skills, balance in-depth theory with practical experience & indulge yourself in the corporate, economic and financial worlds. So push, dare and challenge yourself to fulfil your business potential. There is no doubt that one can benefit extensively from what the school has to offer; these include:

  • Networking opportunities with some of the smartest people in the business world. You get a chance to mingle with the MBA students and also leverage the power of the LBS alumni network
  • An amazing reputation for being one of the best business schools in the world, no matter where you go, the name LBS is instantly recognizable
  • Access to a number of global corporations. Partly due to the school’s strong career services & also due to the excellent location of the school.
  • LBS MiM placements are exceptional due to their excellent global connections.

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.
  • GMAT/ GRE score

TUITION FEE

£36,600

PROGRAM INTAKES

1

ACCREDITATION

AACSB, EQUIS, AMBA

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Application Information

The application requirements for LBS are given below. Entrance exams scores are required for LBS MiM like the GRE/GMAT score. The applicant is recommended that a strong essay, LOR, and other transcripts help you gain admission at LBS. GMAT/GRE scores are also required.

Application Documents

  • Online application form
  • Application Essays: 4 long essays & 3 short questions
  • GMAT/GRE Score
  • One page CV
  • 2 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

Application Essays

The LBS MiM application comprises three long essays and some short answer questions. LBS takes its essays very seriously and uses them as a medium to understand the strengths and weaknesses of prospective students. In addition, it helps them better understand the applicant’s profile. So, make sure your essays as an applicant are top-notch.

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 the London Business School community? (600 words)

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

(400 words)

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. (global MiM Applicants only)

LBS MiM Short Questions 

The LBS application consists of several short questions, which in many ways supplement your essay questions and cover different areas of your profile. Don’t underestimate these brief questions; make sure they add to the profile you’ve established in your long essays and don’t just restate what you’ve previously said.

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

What are your post-Masters in Management /Global MiM career goals? Please state your ideal sector, role and function (300 words max)

What would be your Plan B career goals? (300 words max)

Tell us about your main interests and activities in your free time (400 words max)

Please tell us your most significant international experiences to date: (100 words max)

Based on your current knowledge of the program, 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? (300 words max)

We encourage applicants to take into consideration the impact of the study on family and friends. Who have you discussed your plans with, and what was the response? (300 words max)

If you know any London Business School Alumni or Students, please give their names, graduating class and tell us how you know them. (300 words max)

Conclusion

Let us read through what we have learnt till now about MiM.

  • The FT ranked the Masters in Management programme fourth in the globe and first in the UK.
  • Ninety-five per cent of the students are international students from more than 40 different countries.
  • The MiM is designed for recent graduates with less than one year of full-time postgraduate corporate job experience or less than two years in a non-traditional business function.
  • MiM provides students with the critical business knowledge, adaptive mentality, and business-ready practical skills they need to succeed in today’s brutally competitive economy.
  • Students might choose to extend their programme for a fourth term and take three more elective courses or participate in an international exchange with a renowned business school.
  • More than 43,000 executives from 155 countries make up the global alumni network.

LBS MiM admission process is easy, but the requirements need to be kept in mind. A GMAT or GRE score is required in LBS, along with other requirements as mentioned in the blog. Through this LBS MiM review, you must have gained sufficient information about LBS MiM.

FAQ No- 1

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FAQ No- 1

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