At London Business School we pride ourselves on being a truly global institution and the Masters in Finance (MiF) programme is no exception. The makeup of the class is very diverse with 52 different nationalities in the current class. The MiF offers some unique global opportunities such as full term exchanges, block week exchanges and the Global Business Experience (GBE) to Boston and New York.
The Global Business Experience gives students first-hand exposure to the asset management industry and the new challenges facing the industry in light of the recent economic developments and regulations.
‘It was a fantastic eye-widening experience I got from the Global Business Experience trip. It gave us opportunities to learn industry knowledge and trends as well as to discuss various issues with leading asset management companies and world renowned economists. My clients were amazed when I shared notes of what I heard in the US with them. GBE is definitely a must-go if you’re trying to get hands-on knowledge about the asset management business.’ Zhen Zhang, MIFPT2016
‘The trip was packed full of company visits, lectures, and guest speakers all set in the stunning locations of Boston and New York. Company visits included Numeric Investors, AQR, General Atlantic and Norm Champ where students heard from Norm Champ himself! We visited Harvard and MIT where we heard from renowned faculty.’ Bryony Murdoch, MiF Senior Programme Manager
Last year’s GBE was led by Francisco Gomes, Professor of Finance and Richard Portes, Professor of Economics. The objective of the trip was to give students first-hand exposure to the asset management industry. They analysed the new challenges facing the industry in light of recent economic developments and regulatory changes.
‘I was most inspired by Professor Andrew Lo’s talk on how financial engineering can cure cancer. It was so interesting to hear how we can apply finance in a healthcare context to create an innovative way to raise funds for cancer drug development. The week was also a fantastic way to meet people at LBS from both the MiF and MBA programmes. It was one of the highlights of the MiF programme so far’ Margarita Economides, MiFPT2016
‘The trip also included some social activities including the all American experience – a baseball game and an exclusive boat trip taking in the sights of New York at sunset. A beautifully perfect ending to a phenomenal trip’. Bryony Murdoch, MiF Senior Programme Manager
If you are looking to gain more global exposure then the GBEs offered at London Business School are perfect ways to immerse yourself in an international business environment. GBEs provide opportunities for you to build on your academic frameworks and to test your knowledge in dynamic financial markets.
Over the last three months, not a day has gone by without a new article mentioning all the different changes business schools are making to their admissions processes. With many collective years selection experience in the London Business School MBA Admissions Committee, we have seen a lot of changes and trends come and go. The recent trend of schools reducing their application essay requirement looks here to stay. We have dropped an essay and now require just one.
I have quite firm views on what I want us to learn from an application and therefore what questions we should ask candidates. We carefully consider how all the different elements fit together in to our overall admissions process.
A top MBA is a career and indeed life-changing experience. So for us, a question about aspirations is key – even if, by the transformative nature of an MBA, those aspirations will change during your studies.
If I am honest, I am less keen on the quirkier questions I have seen some schools use.
The application form and essays are a great introduction to you, offering information on your life and career so far and a little on your hopes and dreams. But the real story-telling opportunity in the LBS process comes with the alumni interview. Every successful applicant has an alumni interview, but not all applicants are selected for interview and not all interviewees are successful. We gain a HUGE amount from the interview process and love having our alumni conduct them, so that you can learn a huge amount about life at LBS too!
We don’t stand still – we are a business school and innovation is vital. It’s in our DNA. So this year we are introducing a video submission element for all candidates who reach the interview stage. This was not a decision we took lightly. We’ve been considering making this introduction for a couple of years. We piloted the process last year with a few candidates, to help us assess English language skills. But this year we are going all-out and using the videos to help us learn a lot more about you.
I want to take this opportunity to reassure all interviewees that we are being very thoughtful about how we use this exciting new addition to our process. The team have carefully considered what our expectations are and the limitations of the new addition. We recognise that we need to consider cultural differences, as we do with everything, because we have such an international community. Some people will feel a lot more comfortable than others filming themselves answering questions. And some professional backgrounds train you to carry out such activities. We are NOT looking to use this as a tool to disqualify candidates or ‘catch you out’. Quite the opposite – it is another opportunity to shine and help us get to know you. Don’t even worry (too much) if you don’t time your answers perfectly – we won’t deduct points. We just want to see how you perform on both the prepared question and the unprepared section. We love meeting candidates at events, but it’s not possible to meet you all, so this helps us see you in action.
We have really enjoyed watching the first few submissions. Alongside the application, GMAT / GRE and alumni interview, we have a lot of data points to consider. We believe that we are very well equipped to make the big admissions decisions and honestly think we have one of the most thorough admissions processes in the MBA world. And hopefully one of the most challenging but enjoyable for applicants!
The LBS MBA is a highly collaborative programme, requiring huge levels of contribution from all students. Everyone has to add something. So every admit decision we make is huge for us. We care passionately about who makes it through to the final class. We want to recruit the 430 candidates who best fit our amazing, collaborative, global community.
We are excited about getting to know you better – and through the supporting materials included with the video software, you can learn more about us too.
If you have just completed the video submission, well done. If you are about to record it, good luck. And if you have yet to apply yet…what’s stopping you?
The Faculty and Teaching
A major strength of London Business School (LBS) is its Finance faculty with their wide range of financial backgrounds. They are consultants to leading banks, associate editors of prestigious academic journals and board members of advisory boards for international finance organisations. As a student of the School, you will be put at the centre of global finance. You will gain access to the latest finance research and techniques, master a wide range of financial tools and fill crucial gaps in your knowledge with the Masters in Finance.
The Class Room Experience
Class visits offer a unique insight into the strength of London Business School’s faculty and teaching. I had the pleasure of sitting in class on 29 October to witness the learning experience. Dr Chris Higson, Associate Professor of Accounting Practice delivered the seminar that looked at a case study of Body Shop. Students analysed financial information on the company’s past performance and had to draw inferences about its future prospects.
From my experience it was great to see so many talented individuals sharing their financial knowledge and even question the analysis methods that were shown in class. The class encouraged students to share their findings and how they came to their inferences. I was really impressed with the diverse discussions within the class room as students worked together to present their findings, a truly communal atmosphere.
Is the Masters in Finance Right for you?
Class visits are a great way to meet informally with current MiF students. Students will have similar financial backgrounds so discussing the programme in detail can prove extremely useful. There will be a member of the Admissions Team present on the day so it’s a great opportunity to discuss the entry requirements of the programme and to ask any burning questions.
Financial Accounting & Analysis – What does it cover?
Financial Accounting & Analysis is one of the core courses featured on the MiF and it looks at the ability to use financial information in various decision-making settings. You will analyse financial information and judge a firm’s prospects based on performance, patterns in their financial statements, profit drivers, assets and obligations. On successful completion of this course, you will be able to:
- use financial information in various decision-making settings
- develop the skills and techniques necessary to analyse financial information and to draw inferences about a firm’s past performance and future prospects
- read and analyse a company’s financial statements, to measure company profitability and identify the drivers of profitability, and to assess the adequacy of the company’s assets to meet its obligations
- understand the main sources of reporting choices and creativity in accounting practice, and to know how to control for this when analysing, valuing and comparing several firms.
Come Join Us!
Come and take part in a class. We have eight Saturday dates when you can join the part-time MiF Investments or Corporate Finance core course either in the morning (09.00-11.45) or in the afternoon (12.45-15.30):
* includes the option to join the class for lunch
We are pleased to announce that our Masters in Management (MiM) programme has been ranked sixth in the recent Financial Times ranking for the second year running. The programme remains number one in the UK.
We are delighted that the programme achieved a top position for ‘aims achieved’, with 93 per cent of alumni satisfied.
London Business School is ranked number one in the world for its international student body, with international students accounting for 98 per cent of the MiM class of 2015.
Leila Guerra, Executive Director, Early Career Programmes, said: “Our global diversity is extremely attractive. Our students gain a lot from the rich peer mix and a life-long, cross-generational, network of alumni worldwide. The ranking results today are a testament to this and to the exciting careers that our graduates go on to lead.”
The average salary reported by London Business School’s 2013 MiM students was $80,526 three years after graduation, an increase of more than 9 per cent since the first ranking two years ago. 96 per cent of the class were employed within three months of graduation, based on a 98% reporting rate; one of the highest among the schools ranked.
Sitting in on a class is the best way to experience the quality of our faculty and the classroom experience and to meet informally with current Masters in Finance (MiF) students. During October and November 2016 we offer four Saturday dates when you can join the part-time MiF Financial Accounting and Analysis core course (taught by Chris Higson) either in the morning (09.00-11.45) or in the afternoon (12.45-15.30):
* includes the option to join the class for lunch
Places are limited so if you would like to take part please contact firstname.lastname@example.org as soon as possible. These visits are open to people considering the full-time and part-time MiF.
We will announce similar opportunities for 2017 later.
The Masters in Finance (MiF) 2016 intake began their Orientation Week on Monday 15 August with a packed day of activities at the prestigious Banking Hall opposite the Bank of England. The students arrived extremely motivated and excited to begin their LBS journey.
After a welcome from the School’s Dean and the MiF Programme Director, the Programme Team briefed the students on what they can expect during the course of their studies. Guest speakers Joseph Liu and Ben Hardy spoke on building personal brands and how students can make the most of their studies.
The students participated in a highly interactive icebreaker called the ‘Trading Game.’
“… we got energetic introductions to our classmates during a trading game, which had us running around the hall for nearly an hour!” (John Stone MiF PT2018).
Students had the opportunity to showcase their finance talents by trading information, money and other (virtual) valuables with the other teams. Despite some rather suspect trading, the game proved a huge success!
The day was capped off with a drinks reception. All in all it was a most enjoyable day and a great way for the students to start their studies.
“Introduction day highlighted that MiF LBS students represent 52 countries. When the Programme Director started the aircraft engine in an imaginary round the world tour to demonstrate all our origins, I could not be prouder to represent Malaysia. The pride was almost like bearing the Malaysian flag at the Olympics when Brandon and I stood up.” (Zehan Mohamed Saleh MiF FT2017)
For the rest of the week they were in class focusing on ‘Personal Assessment and Development’. The full-time students started ‘Preparatory Accounting Class’ and were introduced to the Career Centre.
“Career Centre sessions through the week were serious business; getting the CV ready as recruiters are coming on campus as soon as next month and being part of LBS, means we will get ahead of the pack.” (Zehan Mohamed Saleh MiF FT2017)
The part-time students also had an intensive week of teaching with ‘Data Analytics for Finance’ course being the main focus in the classroom. “Not to disappoint those of us looking to improve our quant skills during the MIF, the remainder of the week featured an intensive crash course on Data Analysis and Statistics.” (John Stone MiF PT2018)
After a full week of studies the MiF students were treated to an early start on Saturday morning with an action packed day at Gilwell Park. Despite the day starting off very wet, it didn’t dampen the spirits of the new class. Raft building, rock climbing and trapeze jumping were just a few of the activities that the MiF students took part in, with some conquering their biggest fears!
The Away Day also proved extremely useful in terms of the study groups getting to know one another, as the activities required lots of communication and teamwork. The weather improved in the afternoon and we eventually got some much needed sunshine. To finish the whole week off the students were treated to a BBQ and some well-earned drinks!
“Orientation week ended exactly how I thought it’d be and more. It truly summed up the LBS brand, the exact reason why I chose to come here – for its diversity and strong network within the finance industry.” (Zehan Mohamed Saleh MiF FT2017)
I had tremendous fun participating in many of the activities with the students. I really enjoyed meeting the new class and admired their determination to make the day a huge success. Feedback from the students was extremely positive and I’m looking forward to seeing them succeed on their Masters in Finance journey.
“Overall the class had a great first week and we are all looking forward to what is on the menu for the rest of the year!” (John Stone MiF PT2018)
To make the process as smooth as possible, we have put together an application checklist for you to use. In order to submit a complete application, please make sure you submit the following:
- Online application form
- GMAT/GRE /(CFA Level 1 certificate – only applies to MFA candidates)/
- English language certification copy (if required)
- Essay questions
- Two references
- Scanned copies of academic transcripts (MFA applicants must have studied a numerate undergraduate degree)
- Application fee: GBP£90
- KIRA Talent admissions video for GMIM applicants only (a new feature of the GMIM application)
We run a rolling admissions process so you can apply at any point in the cycle once you feel your application is ready and complete. We also provide recommended deadlines through the cycle so applicants can focus their efforts towards a specific date.
Once you have submitted an application, you can expect to receive an initial interview decision within three weeks. If successful and following an interview, you will receive a final decision with six to eight weeks of your initial application date.
As you prepare your application to one of our three programmes, there are a few steps you can take to help strengthen your candidacy. As a first stage, we always recommend you submit a copy of your CV so that we can check and confirm your eligibility to apply to our programmes!Applicants to the Global MiM should apply no later than the 7th March. Chinese nationals will need to apply via Fudan University, please find details here.
Submit CV for MFA here
Submit CV for MiM here
Submit CV for GMiM here
Next, if you are planning on visiting London in the upcoming months, why not book in for a coffee chat or attend one our monthly information sessions on campus which is a great opportunity for you to meet with staff, current students and get a feel for campus life. If not, our will be running sessions across the word so please do check our events page for events near you!
Best of luck with your application – we look forward to receiving it!
Whether you are at the crucial research stage or in the process of applying for our MBA programme, the Recruitment Team at London Business School (LBS) can offer you a wealth of support.
1. WE CAN HELP YOU WITH YOUR RESEARCH INTO THE MBA PROGRAMME
We understand that it can take weeks, months and even at times years, for candidates to decide on whether to do an MBA and which school to choose.
Therefore we are here to answer any questions or queries you may have concerning the LBS MBA programme. We can send you further details or any information requested to help you understand all the great features and benefits of the programme. We will share with you, what we look for in an MBA candidate. It is advised to start your research by looking at our recently updated MBA brochure.
2. WE CAN HELP YOU BY REVIEWING YOUR CV
Secondly we can help decipher whether the MBA will be the best programme for you based on your experience. We do this by conducting an informal CV review.
This is not an admissions decision, rather a tailored advice based on reviewing your academic and professional background. Admission is based on the whole application.
3. WE CAN ARRANGE 1-TO-1 CONSULTATION MEETINGS OR PHONE CHATS
Having a phone conversation or meeting you in person will give us an opportunity to offer you tailored advice and support that will help you to submit a competitive application.
We also hold informal MBA drop-in sessions on campus, where you can talk to a member of the Admissions Team and our Student Ambassadors. These events take place every Monday and Friday (beginning promptly at 14:30) and last one hour, and include Q&A and campus tour (weather permitting). There is no need to register in advance, simply report to our main Reception at around 14:20. We also have monthly information sessions on campus where you can meet the MBA Recruitment and Admissions Team, together with current MBA students and MBA Alumni. We also hold international information sessions; to find out which city we are visiting next, visit our website.
4. WE WILL GIVE YOU THE NECESSARY APPLICATION GUIDANCE AND SUPPORT
Whether that’s reminding you of the upcoming deadline dates, giving you some top tips on how to strengthen your application or sending you more information on the requirements for the programme; we are here to help you submit a strong application. We advise you to take a look at the recently published essay questions.
At all points right up until you submit an application, we are happy to help you begin your journey to becoming a successful student on the next class!
Get the conversation started today! Our email address is email@example.com.
Whether you’re at the crucial research stage or in the process of applying for our Executive MBA London (EMBA) programme, the Recruitment Team can offer you a wealth of support.
1. WE CAN HELP YOU WITH YOUR RESEARCH INTO THE EMBA PROGRAMME
We understand that it can take weeks, months and even at times years, for candidates to decide on whether to embark on an EMBA and which school to choose.
Therefore we are here to answer any questions or queries you may have concerning the EMBA programme at London Business School (LBS). We can send you further details or any information requested to help you understand all of the great features and benefits that our EMBA has to offer. Simultaneously, we will share with you, what we look for in an EMBA candidate.
At this crucial research stage, we can aid you in differentiating between programmes. For example you may be deciding between the EMBA or our full-time MBA; we can help you understand the key differences and similarities between our programmes and which one might best suit your needs.
2. WE CAN HELP YOU BY REVIEWING YOUR CV
Secondly we can help decipher whether the EMBA will be the best programme for you based on your experience. We do this by conducting an informal CV review.
This is not an admissions decision, rather tailored advice based on reviewing your academic and professional background.
We also work very closely with the Recruitment and Admissions teams from the other programmes in our portfolio. So if we feel you may that your profile is better suited to another programme, we will put you in touch with the right person.
3. WE CAN ARRANGE 1-1 CONSULTATION MEETINGS OR PHONE CHATS
Having a phone conversation or one-to-one meeting will give us an opportunity to offer you tailored advice and support that will help you to submit a competitive application.
We also hold monthly information sessions on Campus where you can meet the EMBA Recruitment and Admissions Teams in person together with current EMBA students and alumni.
4. WE WILL GIVE YOU THE NECESSARY APPLICATION GUIDANCE AND SUPPORT
Whether that’s reminding you of the upcoming application deadlines, giving you some top tips on how to strengthen your application or sending you more information on the programme requirements; we are here to help you submit a strong application as smoothly as possible. We can also send you an application checklist which contains useful information on requirements such as the GMAT or the Executive Assessment and also details of our fast track application process.
At all points right up until you submit an application, the EMBA Recruitment Team is here and happy to help you begin your journey to becoming a successful student on the next class!
Get the conversation started today! Start your EMBA journey by getting in touch with us via firstname.lastname@example.org
As a student at London Business School, there will be a number of opportunities for you to get involved in Competitions. These are fantastic ways to apply some of the theories explored in the classroom, and really showcase your knowledge, creativity and expertise in a particular area.
Types of Competitions
There are a variety of competitions available for you to participate in spanning various industries and requiring different skill sets. The main types are;
- Case Competitions: students compete to develop the best solution to a business case study within an allocated time frame. Examples include The Economist International MBA Case Study Competition and Roland Berger International MBA Case Competition
- Business Plan Competitions: These are great opportunities for entrepreneurs who already have a business idea but haven’t got round to exploring its feasibility. These quite often involve an element of pitching as well.
- Hackathons: usually associated with computer programmers and designers, but what better way to get a business off the ground in a short period of time than to bring those technically gifted individuals together with talented business students, then splitting them into teams and making them compete. We are very fortunate to have our very own LBS Hackathon which is open to the entire London coding community as well as LBS students from all its programmes.
Why you might want to get involved
As well as the opportunity to practise your skills and apply your expertise to what are often real life problems, the competitions are a fantastic opportunity to learn through doing and to network with industry leaders, as well as students from across LBS and other top business schools.
You will more than likely be in teams, so you can learn from your teammates. Your competitors will also be of a high calibre so you can expect to learn from them too. Most competitions are officiated by a prestigious judging panel that provide you with feedback on your work based on their years of experience, thus providing you with a further opportunity to learn. The judges and sponsors of these competitions quite often represent potential employers.
Competitions also offer various prizes and recognition to the winning team, however it is really the taking part that counts as the experience is often invaluable.
Competitions based at LBS
Another exciting aspect of competitions at LBS is that we have our own set of established events which that you can help organise. Therefore you get to see the whole process from the other side, giving you a totally different experience.
This will often involve working directly with faculty and other leading industry experts to shape the competition and enlisting them to help judge and deliver the final event.
You also work in teams to deliver a world class initiative, so it’s a great opportunity to practice and develop those skill sets, such as leadership, communication and managing a highly talented group of individuals.
Examples of home grown competitions include;
- The London HealthTech Challenge: a business idea competition hosted by the LBS Healthcare Club along with London Business School, the University College London, and the Deloitte Institute of Innovation and Entrepreneurship.
- Cinven Private Equity Case Competition: ran as part of the LBS PEVC Club Annual Conference. 2015 was its inaugural year the competition brings together students from the world’s top business schools to evaluate and provide recommendations for a proposed private equity buyout.
- The Stock Pitch Competition: ran by the LBS Investment Management Club, students benefit from the experience of pitching stocks. The winning stock is then purchased by the Student Investment Fund, and the winning student is invited to join the Investment Committee of the fund.
Whether participating in or organising a competition, the experience can be very rewarding and provide you with some great moments whilst on your chosen programme.
In April of this year MBA2017 students Otar Dgebuadze, Francesca Gala, Marek Sandrik, Ilaria Di Mattia and Giorgio Podda won the SDA Bocconi International Competition in Finance held at Milan.
LBS team “Rickshaw Finance” which included LBS PHD Student Amrita Kundu won Second Place and £17,435 in the 2016 MBA Impact Investing Networking and Training (MIINT) competition held at Wharton.
LBS’s first ever IMPACTathon event involved 80 participants working hard to support and deliver solutions for social entrepreneurs tackling real social issues.
‘I thought it was absolutely brilliant to see so many students give up their weekend and deliver such high quality projects for the social enterprises in the room. We had a few social enterprises specifically say that these students have done for them what they’ve been trying to do in 18 months in the space of a weekend’ - Natasha Malpani, Big Society Capital