Posts by LBS Archive
If you are thinking of studying the Sloan MSc or have already received an offer, funding is one of your priorities.
I would like to remind you that London Business School offers a generous range of scholarships that cover partly or fully the tuition fees of the Sloan MSc. Some scholarships will automatically consider all candidates who accepted their offer whereas other scholarships require an application with various criteria. Ensure you visit our website for all the details about the below scholarships:
- 50th Anniversary Scholarship
- Sloan Philip Langsdale Scholarship
- Sloan Awards
- Sloan MSc Women’s Scholarship
- Sloan Alumni Scholarship
- The Monica and Navin Valrani Scholarship
- The Gallifrey Scholarship for Social Enterprise
- The David Pyott Scholarship
Please note that you can submit applications for as many scholarships as you consider yourself to be eligible for.
Good luck with your applications, and remember: you won’t get if you don’t give it a try!
After a year of reviewing applications, conducting interviews from both sides of the Atlantic, London Business School(LBS) and Columbia Business School(CBS), last week we finally welcomed the new EMBA-Global Americas & Europe class on campus.
This fantastic class of 73 students with an average age of 34 years represent 33 different nationalities, and have an average of 11 years of work experience. This intake also marks the highest number of female students (32%) we have had in a class so far.
The first day of Orientation, Sunday 8 May, was a beautiful summer day in London; perfect to kick off this very intensive week. The afternoon started with some refreshments and followed with inductions from both partner schools. Having drinks and dinner was the best way to complete this first day.
Richard Jolly from LBS and Paul Ingram from CBS were part of this first week of study respectively with their Executive Leadership and Leadership & Organisational Change classes. Students also got introduced to Financial Accounting, Managerial Economics and Managerial Statistics, just enough to get them straight into the academic part of the programme.
The EMBA-Global programme is highly collaborative and this first week was the time for students to meet their study groups. A study group usually consists of five individuals from different countries and industries. Throughout the programme they will surely share their ups and downs. After getting their hoodies, getting their photos taken and signing off their biographies for the class directory, study groups all went for dinner so they could better get to know each other.
The orientation week would not be complete without the famous closing dinner on the River Thames. Better known as the boat party, it was a great opportunity for the class to meet students from other leadership programmes including Sloan MSc and Executive MBA. One of the recurring comments among the guests was how diverse London Business School community is, and we are certainly proud of this.
See you in August EMBA-Global 2018s!
March was the month of the last core block week for EMBAG2017 students who started the programme in May 2015. They spent a week together in New York, at Columbia Business School. They have 11 months of intense studying and travelling behind them.
Although this was an emotional week for all the students, it was no exception to the previous block weeks and their schedules were filled with lectures, guest speakers and networking events.
On the first day of the week students took part in a web conference which was organised with General David Petraeus, the former Director of the Central Intelligence Agency. He discussed his assignments and decision making processes in the Middle East in 2011.
Other lunchtime conferences during the week included topics around entrepreneurship, venture capital and change in workplace.
Columbia Business School in partnership with the Association of Executive Search and Leadership Consultants and BlueSteps – an executive career consultancy firm – hosted an executive search panel event. The moderator was Brian Glade, Managing Director (Americas and Governance) from the Association of Executive Search and Leadership Consultants. The panel was constituted of Sandra Kozlowski, Principal at Korn Ferry; Mary Matthews, Managing Partner at Stanton Chase; Warren Wasp, President at WTW Associates and Charles Watson, Managing Director at Russell Reynolds Associates. The panel discussed hints and tips about how to best interact with recruiters.
Current EMBA-Global students, alumni and friends of the CBS community had the opportunity to attend the networking even afterwards.
To mark this memorable week, students and staff celebrated in style with an end of term dinner party held on the Hudson River bank. Gowns and black tie attires were required! A DJ took care of the animation and humorous awards were attributed to the class. No better event could have sent off the students to the electives part of their programme.
In my last blog post, we talked about how much it costs to live and study in London, the transformational experience of attending London Business School and the excitement of living in this world class city.
Have you decided to submit your application to one of our degree programmes?
Alongside submitting the application to your chosen programme and completing your all-important interview, we know that you are also giving a great deal of consideration to financing your course. Have you found it overwhelming? We are here to help. We are also here to help if you are not overwhelmed, but still in need of some solid guidance.
This is probably the most significant investment you will make in your professional career, maybe even your lifetime. We expect it will pay impressive dividends. But, in order to see this return, let’s first talk about your financing options.
Our financial aid office at London Business School fully understands the level of financial commitment required and is here to provide you with the knowledge base to take these decisions as an informed and thoughtful consumer. We know you will have questions on terms and conditions, interest rates, and repayment plans. Once you have received your admissions letter, you will have access to our Sources of Financial Aid page, which is an excellent resource to compare funding options and research any pre-existing criteria.
Typically funding a postgraduate or masters programme in the UK can be challenging. Although we have our fair share of high earners before joining the School, this certainly doesn’t apply to everyone that has been successful in gaining admission. We also do encourage you to save as much as possible for living expenses before attending.
Approximately, 67% of our MBA2014 class received some form of financial aid. This included funding from loan schemes in the UK, US, Canada, France, Germany and Norway, School scholarships, external scholarships, grants for military service members and company sponsorships.
We participate in Prodigy Finance, Future Finance, the US Federal student loan programme, Sallie Mae, and the Canadian student loan programme. Other sources of funding available to our students include Professional Career and Development Loans, Veterans Affairs and the Enhanced Learning Credit Scheme.
Beginning for academic year 2016-17, UK citizens will have access to the new postgraduate loan programme for masters study. The financial aid office will provide additional information on this scheme as it becomes available.
Our goal at London Business School is to have a profound impact on the way the world does business. We understand the level of financial commitment required to attend one of our programmes. We also believe that by providing you with access to these funding programmes it brings you a step closer to realising your potential as a member of the London Business School community.
I would like to introduce you to the Admissions team for the Sloan MSc programme. We are here to support you with your application and to ensure a diverse and exceptional cohort in the next class.
Linden Selby (Senior Recruitment & Admissions Manager, Sloan MSc and EMBA-Global programmes) has been with the School for over twenty years and brings a wealth of experience and knowledge to the executive leadership degree programmes. She has wonderful stories to tell of the successes of past classes and is always on the lookout for the ‘stars’ of the next programme.
“Each candidate is an individual – someone who has taken time to think and write about their career, interests, achievements and future goals. This reflects who they are as a person, how they will contribute to the class and benefit from their year as a Sloan Fellow.” Linden Selby
Lorine Barrier (Recruitment & Admissions Manager, Sloan MSc and EMBA-Global programmes) has almost completed her first year with the School and is passionate about recruiting top talent to our programmes. She knows what makes a great application and can see the potentials in students from the outset.
“Sloan applicants are very unique. They are senior executives who have reached success in their career and deliberately make the choice to step back and reinvent themselves. The application should reflects their journey/leadership experience and explain why the Sloan programme fits with their future aspirations.” Lorine Barrier
Sindy Nauth (Recruitment & Admissions Officer, Sloan MSc and EMBA-Global programmes) is the first point of contact for any prospective candidates submitting applications. She helps to make a student’s journey through admissions as seamless as possible giving advice and clarity when needed.
“Sloan candidates are dynamic and passionate about making a difference in their careers. From the application we like to develop a better understanding of each individual and bring their experiences to life. We are delighted to support our senior professionals through the Sloan journey.” Sindy Nauth
We like to take advantage of the Admissions blog to keep you up to date with the recruitment and admissions process for both the EMBA-Global and Sloan MSc programmes.
MiF Admissions are in full swing for the August 2016 intake and the current full-time students are already half way through this life-changing journey.
It is fantastic to be able to see how much the students have grown already, developed their industry knowledge and defined a solid career plan through our world-class teaching and the exciting exchange of ideas that makes us a melting pot of energy, cultures and influences. As a student of the Masters in Finance, you won’t just be stretched intellectually in class, the student clubs are at the heart of the student experience at London Business School. As well as regular speaker events, they organise a number of highly-respected conferences attended by industry practitioners and showcasing the School to the wider world.
The clubs have already hosted a variety of entirely student-led events, and upcoming conferences includes the Asset Management Conference 2016 where students will join a select group of senior asset owners, managers and researchers to exchange on current industry hot topics.
London Business School Private Equity & Venture Capital Club is also working on its 12th Annual London Conference to address the “Evolving Stakeholder Relationships and the Search for Returns in a Maturing PEVC Landscape”. A multicultural festival celebrating the diversity of the school named ‘Tattoo’ recently took place and there is much, much more to come.
We asked Daniel Needleman, a current Masters in Finance student, to share his experience with us.
1) Why did you opt to study the full-time Masters in Finance at London Business School?
I really chose to study the full-time Masters in Finance for two reasons. First I found something that I had a genuine interest in for probably the first time in my life (beyond my beloved football team). Studying the MiF was the perfect opportunity for me to surround myself and learn from people involved in some of most cutting edge research in this field, likely to change the way the finance industry operates, as well as likeminded people who shared my passion and curiosity. Second, I saw this as a fantastic opportunity for me to explore new opportunities; areas of finance I had no previous exposure to, expanding my network and sharing my experiences and learning from others about their own ones.
2) What has been your favourite learning experience so far?
There have been so many fantastic experiences that it’s hard to choose one in particular. What has really struck me about London Business School is the passion that Professors convey for their respective subjects, which is reflected not only in the quality of the lectures, but equally the mutual respect and encouragement for the class to explore, challenge each other and draw on our own personal experiences. This includes the ability and willingness to invite practioners to class to share their views and experiences. If I had to choose one experience in particular, it would have to be the talk and networking event I attended at the end of last year: ‘US Monetary Policy: Playing the slow game’ with Esther George (President and CEO of the Federal Reserve Bank of Kansas City), Sir Charles Bean (former Deputy Governor of the Bank of England’s MPC) and our very own Richard Portes. This was a great opportunity to hear first-hand from those at the heart of the issue on a topic that was the focus of almost every person in the financial services industry at that very moment in time.
3) Tell us about your interaction with other students – How is it to be part of our diverse and ever-expanding international community?
One of the great things about LBS is its ability to bring together people from such diverse experiences and backgrounds, yet all of whom share the same passion, drive and hunger to learn from one another. It did not take me long to realise how incredibly smart and driven everyone at LBS is, and how much each person has to offer both academically and also in the social and cultural experiences I have had. Whether it’s Tattoo, the ‘Discovering the Americas’ party hosted by the Brazil Club and LATAM Club or a night of eating and drinking homemade delicacies from my classmates’ home towns around the world, I am constantly being reminded of the diversity of my friends, and why I chose LBS. I look forward to taking up some of the many offers I’ve received to go and visit my friends around the world when we have finished the Masters.
4) What has been the highlight of your MiF experience so far? I don’t think I could justify my status as a student if I didn’t mention the notorious Sundowners, but really that’s just one tiny part of my experience so far. For me the highlight of the MiF has to be simply having the opportunity to do things that I doubt I would ever have got round to doing in my life. Whether it’s the talks and panel discussions I’ve attended, treks I’ve been on, or people I’ve met, I’ve been challenged and taken out my comfort zone more than I ever imagined I would. I’ve even had the opportunity to learn a new language since being here. Whilst daunting, and definitely a feeling of stepping into the unknown at times, this is exactly what I signed up for and wouldn’t have it any other way. I especially loved Tattoo, where the entire LBS community got together to celebrate everything that makes us so unique.
With all that said, ask me the same question in a few months or a few years’ time and I’m sure I’ll have something new to tell you about.
There are many reasons why you might consider studying one of our leadership programmes. Whether you wish to develop your leadership skills to transition into general management, take on new academic challenges, or develop an entrepreneurial idea into a real venture.
Whatever your reasons, undoubtedly a significant part of the programme will be meeting new people and expanding your network.
London Business School offers a unique and powerful environment where you have access to a large network of senior executives and you’ll find there are many opportunities to surround yourself with students from many different walks of life. Here are a few…
Global Business Assignments
Most of the electives for the Sloan MSc, EMBA-Global and Executive MBA are available for students from other programmes. Electives allow you to network with, and learn from, students across the School community and from around the world. They are available to students from all of London Business School degree programmes and visiting international exchange students.
This is an end of programme celebration for the four Executive MBA graduating classes. The evening is a great opportunity for you to network with students from other Executive MBA programmes.
The School has over 70 clubs that create important networks and offer opportunities to explore personal interests. Clubs range from professional subjects such as consulting, entrepreneurship and energy to regional clubs including Latin American and China club. Clubs also organise treks, conferences and social celebrations.
London Business School alumni are a global community of over 40,000 successful business professionals in more than 150 countries. Upon graduation you will become a part of this community that offers you a wealth of knowledge, resources and unlimited networking opportunities.
Students will also have the opportunity to share their business expertise with Masters in Management and MBA students through our mentoring schemes, alumni community, events and professional and industry clubs.
We often get asked whether part-time students have the same opportunities to get involved in the student community as full-time students. If you plan to study our Masters in Finance or Executive MBA part-time format the opportunities are the same; however, you may wish to consider how you will juggle your work and personal commitments as well as time to fit in your studies. We asked some of our current Masters in Finance part-time students how much they get involved in student clubs and how they manage these commitments.
Being involved in student clubs is a great way to meet members of the London Business School (LBS) community across different programmes. Attending club events provides a fantastic opportunity to listen to inspirational speakers, as well as meet former and current students. Managing my time is challenging, but I tend to participate in club events during weekday evenings and study at the weekends. It is also possible to participate in treks organised by student clubs, for example I joined the Japan Trek and the Snow Trek – both were fantastic and memorable experiences!
I have embraced the opportunity to participate in a great number of clubs on campus. In my first year at LBS, I was the Vice President of Asset Management for the Investment Management Club and organised three speaker events. This year, I am the Treasurer of the Women in Business Club. I am also an Ambassador for the Masters in Finance Programme at LBS, working with the Admissions Committee to target and attract prospective students to the Masters in Finance programme.
My experiences of both the Women in Business Club and the Investment Management Club have been very positive, with both clubs being accommodating to part-time students. Participating in clubs on campus has enriched my experience at LBS, and I look forward to attending future events as an alumna! Margarita Economides (MIFPT2016)
“Despite the fact that it is already challenging to find the right balance between my professional life and academic requirements, I made the choice to get actively involved in the London Business School community and I became the treasurer of the Basketball Club. Being part of the clubs and the wider student community provide the opportunity to get to know your peers who share similar interests to you. I have a very tight schedule but I still find the time at least once a week to practice the game, basketball that has given so much to me in terms of mental agility, competitive drive and teamwork skills. Beyond the teamwork appeal, having the opportunity to combine my finance background to be part of the leadership team to organise the life of our club members further attracted me.
During my first year, I restricted myself to one single active mandate by being the treasurer of the Basketball club. However, I was also member of several clubs including the Africa Club, the Emerging Markets, the Investment Management and the PEVC club; striving to attend conferences and panel discussions when possible.
The clubs do a good job in terms of the exposure and the diversity of events they offer to the whole student body and I am fully aware of the constraints you face when balancing the interest of all stakeholders (or the majority). Even for me living in London, it has been impossible to be more involved in the community and attend the events during the day. I think that there is more we can do to increase part-time and commuters participation, with timing or technology adjustments as potential solutions to consider.” Yannick Lakoue Derant (MIFPT2016)
Whether you are doing your research or you have been offered a place on one of our degree programmes, you need to take into consideration how you will finance your living costs while studying in London. As the School’s Financial Aid officer I hope to be able to provide you with some useful insights.
Checklist for new students:
- London Business School Acceptance Letter
- Student Visa (If You Need One)
- Secure Financing for Your Fees
- Purchase Plane Ticket to London (and Get Some Air Miles, too!)
Are you ready for London?
Well I can guarantee you’ve never lived in a city like London. That’s because there is something about London’s vibrancy that permeates the soul. It’s at the forefront of global business and trade. You can become part of a cutting edge, fintech start up at Old Street; make your mark within the luxury retail industry on Kings Road, or build your career as a trader at the London Stock Exchange located near iconic St. Paul’s. And, when you’re done studying and working for the day the options to let your hair down are truly limitless. London is where hipsters in Hoxton and the Royal Opera are only a few tube stops away. There are concerts at KOKO in Camden, championship tennis at Wimbledon and a staggering 270 museums in the Greater London area alone. You can grab a burger and a pint at the Windsor (our local pub) or discover a fine dining jewel, at one of our many Michelin starred restaurants. Are you looking for more? Then check out the TimeOut London blog – http://www.timeout.com/london/blog – it’s a great resource.
London Business School is a significant investment in your future. But, what does it cost to live in here? The answer is simple; it varies based on the individual. It all depends on you, especially the choices you make when you’re here. But, we can provide you with a rough guide to understanding the cost. We’ve surveyed our student population to find out what their monthly expenses are including renting their flat, utility bills, transportation, and socialising. You can find that here. (Please note that the cost of living has risen slightly with 2% Consumer Price Index ( CPI).
You’ll have to ask yourself, “what do I value”? Maybe you want a postcode with killer views of the Thames or a building with cathedral ceilings. You may have a more low key approach and prefer sharing a comfortable flat with other LBS students. Or, you could look to make efficiencies by living in University of London accommodation.
Obviously, you can save a bit when flat sharing and cooking. This is what Arly, MBA2015 did while at LBS. He thought it was important to live close to the School and rented a flat with two other students. He’s an American; his two flatmates are French and South Korean. They shared home cooked meals from their respective countries. By flat sharing, it allowed Arly to keep his cost down, which then provided the opportunity to attend more cultural treks.
One of the recurrent themes that showed up during our survey was that a number of students didn’t know how easy it was to commute to the school from “every corner of London”. There are excellent transport links whether tube, bus or train. Chris, MBA2014 is British and lived in Clapham, but was still able to make the commute on his bike in our cycle friendly capital. Living in South London was an easy decision for Chris to make, as most of his friends were already there. He was also keen to have added value for money. A two bedroom flat was comparable to a one bedroom available on Park Road.
For those on a leaner budget, there is limited accommodation with University of London Halls. This is advertised in the spring and we’ll communicate more to you when the application process is opened. LBS students have previously lived at International Hall and Lillian Penson House. There are spacious ensuite rooms, with high speed internet. You’ll also have access to a laundrette, additional study space and a recreational area. Both properties are a short walk to our campus at Regent’s Park.
Now that you have accepted your admissions offer, are sorting out your student visa (if needed) and are beginning to look into financing your course, do also ask yourself, what do I value from my accommodation. This will provide you with your own level of comfort, while also giving you a clear indicator of your living costs. Then begin talking to your classmates to see what their plans are too.
London is ready for you.
Historically, women have been under-represented in the financial industry, especially in more senior positions. When London Business School launched its first full-time Masters degree in 1966 the class comprised of 40 men and only 1 woman. Today we have proudly raised the number of female students to 26% for our Masters in Finance but mentalities are hard to change and we are still far from our ideal target of 50% women.
At London Business School we are committed to supporting this upward trend. Never before have there been so many highly qualified women who earn well, are on track to take up senior positions in finance, and have the motivation and commitment to invest in their education and further their finance career.
We asked Andrea Kiese Seiferheld, a current Masters in Finance student to share her experience with us.
Why did you opt to study the full-time Masters in Finance at London Business School?
From my experiences in developing countries I learned sustainable finance could act as a mechanism to serve society. In my opinion, the purpose of the industry goes beyond managing money, time, and risks. I am convinced that finance is a means to a greater end – a completely inclusive environment where knowledge, innovation and impact are at the core of financial rationality.
Pursuant to the personal development of this rationality the decision of what to study was intrinsically linked to financial education. The question then became where. After living abroad for five years I understood that there is no better way to absorb practical knowledge than from people and experiences. It was from this point on that the MiF programme became my first choice. There was no other educational setting in the world that offered both the leading exposure to real-world business practices found in London and the global focus and international reach of London Business School.
Could you share your experience of being a woman in a male dominated finance professional environment, how do you think the MiF will help you in that regard?
I found that finance is an industry where women have to constantly establish credibility and respect among their peers. Since it is a male-dominated field, nowadays it is easier for a woman to stand out from the crowd. However, the moment she receives attention is unfortunately to prove others that she has what it takes to turn aspirations and expectations into reality. The possibility of being considered a “woman in finance” is therefore linked to maintaining a consistent, high-quality performance while understanding the male business behaviour and taking into account that her actions are probably being placed in a gender-biased context.
I believe the MiF challenges this issue and works diligently towards transcending gender stereotypes. The programme provides a wide range of support systems like mentoring and coaching sessions, skill development workshops, female-focused events and campus groups’ initiatives to push the boundaries of self-assessment and give women a voice in business. Personally, these opportunities have enhanced my confidence and as a member of the TEDxLondonBusinessSchool executive team I can say that it is easier now to speak up, inspire action, and empower women to not be afraid of becoming active participants in the field.
Could you share your experience being a woman in a predominantly male class?
Occasions where women could contribute, stand out, and lead class discussions, group assignments, and presentations are numerous in the programme. Unfortunately, I believe there is still an opportunity for MiF female students to participate more. For some reason it seems that the gender-biased conception is still prevalent in our own gender, making it real that the fact of being part of a minority hinders progress and fosters stagnation. However, faculty members and fellow students create a very stimulating and gender-equal learning environment, regularly asking specifically for women’s points of view when solving cases and discussing assignments. In my opinion, this signals a positive shift in awareness across the field as classes become inclusive environments where diversity is valued and students learn from each other, regardless of gender identity.
What has been the highlight of your MiF experience so far?
It has been the possibility of getting to know inspiring, talented and hard-driven individuals from all over the world. Personally, this has translated into a character-building process and knowledge creation gained through diverse networks. Social gatherings, professional events and service activities like Sundowners, Finance@work and LBSxLondon have been at the core of creating meaningful and invaluable moments in this journey. Overall, the programme has created so far an ambitious yet collaborative community of professionals who understand the true purpose of finance in a world characterised by deepening social and economic vulnerability.
Get in touch with the Masters in Finance Team at email@example.com