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There are plenty of reasons to choose a Masters in Finance (MiF) at LBS. Here are half a dozen
Research shows that you should spend your money on experiences, not things. You might say, “What do people have to show after six-course dinners and long-haul holidays?” You might say that buying a better car is the smarter option. But we adapt to things (like shiny new cars) quickly. Experiences last.
At LBS, we believe the best investment you can make is in yourself and your education. What’s more, our programmes are experiences, not things.
Why a Masters in Finance at LBS? Here are six reasons
1. One size doesn’t fit all
You can choose a format that fits your needs. The School draws strength from people’s differences so we understand the importance of a learning experience that works for you. Spend 10–16 months immersing yourself in our full-time programme or continue working as you learn with our flexible two-year part-time programme.
2. Find your hashtag
MiF students have plenty of professional experience so they might already have a hashtag – a specialism or an area of expertise. To help you find and hone yours, you can tailor each of our programmes to suit your goals through an extensive range of electives, practitioner courses, industry-focused events and international experiences.
3. Achieve your career goals
We know the MiF is a big investment. Meeting your career goals is key to your return on investment. Are you an experienced finance professional seeking to advance your career? Do you want to switch to another area, function or region, or deepen your knowledge? Whatever your motivation, you’ll benefit from the support and advice of our dedicated careers team who can help you achieve your goals.
4. Renowned thought leaders
LBS faculty provide commentary on the finance industry’s burning topics – from Bitcoin to Brexit. Their research helps shape policy, their insights strengthen the finance sector and their academic theory is amplified by real-world experience, giving them a powerful voice inside and outside the classroom.
5. London: the financial capital of the world
“When it comes to attracting talented workers, London is the city to beat,” wrote LBS blogger Rob Morris. There’s no better place for you to study finance than London. Our strong links with financial institutions, recruiters and practitioners make us proud – and they make us unique.
6. Learn, apply, do it again
You’ll not only learn with some of the best financial and business minds in the world, but you’ll benefit from experiential learning: the process of learning by doing. After all, we’re talking about an experience. If you could get this from a textbook you’d just buy it, right?
Broaden your international outlook, build your skills and do it in a format suited to you: that’s a long list of benefits. What about the drawbacks? We’re trying to find one.
There’s still time to join this year’s programme
If you have 3+ years experience in a finance role then don’t miss out on this exceptional opportunity. Visit our website for further information.
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
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.
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)
Join Jane Charlton (Director of the MiF programme), Sean Garman, MIF PT2015 (Leveraged Finance at Lloyds Banking Group), Ivelina Delcheva, MIF PT2016 (Strategy and Risk at BNP Paribas) to learn more about the MiF Part-Time programme at London Business School. I will be moderating the panel discussion, and there will be plenty of time to ask questions about the curriculum, the classroom experience, work/study balance, student life at LBS etc.
6 July Webinar: Spotlight on the Part-time Masters in Finance (19.00-20.00 London time zone)
To attend this online event, please sign up here
When you apply to business school, you may find yourself facing this age-old problem: how do I make my CV stand out from the competition? In 2014, our colleague Jamie Wright from the Early Career Programmes Team shared her views on how to write a winning CV which included keeping it concise, current, accurate, and gap-free. In this companion piece, let’s look at more tips helping you create a lasting impact on your readers, the Admissions Committee members.
1. It’s also about ‘THEM’
Logic dictates that a CV would be ‘all about you’ but it’s not quite so simple. Remember that CVs are written for someone else to read so you want to take into consideration your audience’s needs and the kind of information your reader wants to find.
Member of the Admissions Committee will ask themselves:
. Are you a capable student? Do you have the academics, skills, and knowledge needed to cope with the programme?
. Will you be a successful student? Will you have the right drive to get results? Are you providing evidence of taking positions of responsibility? Are you motivated to do well?
. Will you fit in? Are you well-rounded? Are you showcasing activities that will make you a contributing team member? Do you come across as genuine?
Thinking first of your readers’ expectations will help you tailor your messaging more effectively.
2. It’s about RELEVANCE
The recruiter’s perspective is that many CVs and cover letters appear mass-produced and generic: “Students need to include information that helps to differentiate them and demonstrates their motivation.” Every CV you send should be individually tailored to its audience.
My advice is to write up a full list of all of your projects, skills, and experiences on a blueprint CV. Use this list to pick and choose which elements should feature more prominently on your final iteration (without creating time gaps or omitting important information).
Do decide which achievements are truly significant to your audience.
Is a swimming competition won as a child crucially important information? You may want to highlight more recent examples of success instead. Could a three-month, stellar extra-curricular project previously omitted from your CV actually be of interest? Always showcase your more pertinent experiences.
Universally in-demand skills, such as analytical, inter-personal, teamwork, leadership, and creativity skills should always be featured. Once you’ve assessed what the audience needs to hear, add more relevant elements based on the specific soft skills, hard knowledge, technical aptitude, and commercial awareness you possess.
Do provide actual evidence and examples. It’s never enough to say “I am a good communicator, I am a leader” on your CV; let your achievements speak for themselves instead. You want to highlight specific projects or internships within your sector of interest, examples of challenges or risks undertaken, international exposure gained, languages spoken, etc.
3. It’s about CLARITY
Did you know that many employers use scanning software to ‘read’ CVs because they receive so many applications that using human eyes would be counter-productive? Recruiters told us the “best applications are structured and succinct.” This applies to business school applications as well. Your CV should be easy to read at a quick glance to capture our human attention and keywords and achievements should pop from the page.
To achieve this, you should:
Feature measurable achievements and quantify experience: use amounts or percentages to establish targets and assess results. “Designed a social media campaign which helped increase our customer base by 8% over three months” is more effective in demonstrating accomplishments than “participated in a social media project.”
Use ‘action verbs’ to showcase your personal contributions. Don’t forget to highlight your own input, initiatives, and innovations. What did you increase, decrease, implement, produce, report, create, support or develop?Simply emphasise YOUR genuine added value and don’t just copy/paste the job description of your internship.
Keep the timeline easy to follow and the layout clean. Do use reverse chronological order (most recent first) in all sections, explain any time gaps, and give your exact internships dates. Saying you interned at Google in ‘July 2015’ is unclear: were you there for one, two, three weeks? At this level in your career, how much time has been spent in these experiences is important information. Do keep the CV layout simple: avoid photos (not needed in the UK), logos, links, and tables. Finally, do spell-check everything, from the name of your university to your email address.
Remember that your CV directly represents you as a successful student and an aspiring young professional so taking good care into crafting it will impress your audience.
Happy writing and we look forward to reading your impactful CVs!
On Wednesday I hosted a webinar on “The MiF Student Experience” with Daniel Needleman (MiF FT2016), Linda Li (MiF PT2017) and Alex Petterson (our Admissions Administrator) speaking.
After a short presentation about the Programme content, we went on to a lively Q+A session where the students answered questions about their studies and life outside the classroom. They both spoke with great enthusiasm about their experience to date so if you want to know what it’s like to be a MiF student at LBS, this webinar is well worth a visit.
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.
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)