Please feel free to let us know if you would like to be informed of future chats by sending an e-mail to email@example.com. We would also be interested in knowing if you would prefer a different format or different topics.
Linda Abraham (Dec 12, 2007 1:02:08 PM)
Hello. My name is Linda Abraham. I am the founder of Accepted.com and
the moderator of today’s chat. First I want to welcome all
applicants to the London Business School chat today, and I want to
congratulate you for taking the time to learn more about London
Business School. Whether you are working hard on your application to
prepare for London Business School’s Round 2 deadline on January
4 or you are doing research with the intention of submitting later
this year, you need to know as much as you can to make a sound
application decision and gain acceptance to the school of your choice.
Being here today allows you to ask the London Business School experts
about this outstanding business school. I also want to welcome
the impressive team London Business School has assembled to answer your
Linda Abraham (Dec 12, 2007 1:03:08 PM)
Welcome. Thanks to everyone for joining.
Linda Abraham (Dec 12, 2007 1:04:11 PM)
I guess Kitty will be here in a minute, so that question right now is just for Megh.
Abhinav (Dec 12, 2007 1:04:26 PM)
Tamsin, I am interested in helping/consulting for small and medium
businesses. Do you have any courses which are related to the same?
NR (Dec 12, 2007 1:04:37 PM)
Graeme: I wanted to know more about the summer consulting team? Is it only people who have prior experience with consulting?
MeghKamathLONDON (Dec 12, 2007 1:04:37 PM)
I'm looking at investment banking opportunities for the summer and post
MBA.....at the moment we have finished some of our core subjects but
second year it would be finance.
Linda Abraham (Dec 12, 2007 1:05:22 PM)
Emma, how is recruiting looking overall for 2008 grads? And for the class of 2009 which is now seeking internships?
aaalbs (Dec 12, 2007 1:06:09 PM)
Tamsin, Emma, and Graeme: What are you specifically looking for? If
that is too broad, then what are some of the things that are a strict
'no' from adcom point of view?
GraemeHarperLONDON (Dec 12, 2007 1:06:35 PM)
NR: The Summer Consulting Team is actually well suited to those that have no
prior consulting experience. This is a good chance to build that
experience. Manish from the blog is a good example of this. You can
find more info at http://www.london.edu/programmes/summerconsulting.html.
entrepreneur (Dec 12, 2007 1:07:12 PM)
Graeme: Could you elaborate on the entrepreneurship opportunities
available at LBS (apart from the summer school). I am interested in the
potential to meet VC's, Business Plan Contests and such... I know a few
US schools have 50k/100k competitions for entrepreneurs - does LBS have
something similar? Also, how does the admissions committee look at a
prospective student with only 2-3 years professional work experience
but significant entrepreneurial experience? Thanks!
lbs_for_08 (Dec 12, 2007 1:07:18 PM)
Can you tell me what resources LBS has for students interested in entrepreneurship particularly for candidates who are currently
entrepreneurs themselves and are looking at LBS to build a firm foundation?
EmmaBondLONDON (Dec 12, 2007 1:07:38 PM)
Linda, generally recruiting is looking very strong. We are pleased to
see that recruiting remains very strong in finance, but also that the
number of industry firms where students are interning and taking final
positions continues to grow. Increasing numbers of students are taking
up positions with companies like 3i, Google, Pepsico, BP - and of
course the number of people going into the very top consulting firms
like McKinsey, BCG, Bain etc remains high.
Amit (Dec 12, 2007 1:07:59 PM)
Megh and Kitty: For the new interns- I am interested in your background work experience prior to having been admitted.
GraemeHarperLONDON (Dec 12, 2007 1:08:05 PM)
NR: Manish came from many years of tech experience and through a
combination of working in the Summer Consulting Team and activities in
the Consulting Club made the transition to consulting.
Manoj (Dec 12, 2007 1:08:15 PM)
Emma: Hi, I wish to make a career shift from IT to Finance, and have 12
years experience in construction and IT, will it be good idea to go for MBA at
EmmaBondLONDON (Dec 12, 2007 1:08:34 PM)
aaalbs - that would be giving too much away! I guess what we don't want
to see is a generic application form - we want to know why people feel
London is the right fit for them, and what they would contribute here
KittyLeeLONDON (Dec 12, 2007 1:08:37 PM)
Hi Amit, I was in strategy and operations consulting for 6 years with Oliver Wyman.
TamsinShillitoeLONDON (Dec 12, 2007 1:09:19 PM)
Hello Abhinav, firstly you will be learning not only from our faculty
and their experiences and business contacts who will come in for events
or lectures to share their experiences but from your fellow students.
Your class mates will boast a wealth of experience from the consulting
field and this is brought together in the Consulting student club.
Amongst other courses, we do have a specific first year summer elective
entitled 'Strategies for growth' which focuses on the SMEs. You also
have opportunities to put theory into practice with the second year
consulting project, your summer internship or joining the London
Business School summer consulting team.
MeghKamathLONDON (Dec 12, 2007 1:09:23 PM)
Amit: I spent just five years with Credit Suisse working in the risk
management department in Singapore and then London. In Singapore I
covered Equities trading and in London FX and Interest Rates.
lauraumn (Dec 12, 2007 1:09:27 PM)
Tamsin: I know that LBS looks at your "international" experience when
considering your application? How big a role does this play and what
types of experiences do you look for if you haven't worked abroad?
GraemeHarperLONDON (Dec 12, 2007 1:10:01 PM)
Entrepreneur: Firstly, several of our students have entered the
programme with only 2-3 years of post-grad work experience. If you have
entrepreneurial experience in addition to this then that is a plus.
streich (Dec 12, 2007 1:10:02 PM)
Graeme: I will be in London the week of January 14. Are Admissions
Interviews decided far later than that date? With whom can I meet that
week to learn more about the school, and how do I arrange those
vish (Dec 12, 2007 1:10:18 PM)
Emma: I have a Gmat of 640. I wanted to check- with that score do I
need to have an exceptionally strong story to get in or a good story
that relates well to my goals and background will keep me in
EmmaBondLONDON (Dec 12, 2007 1:10:23 PM)
Manoj - Hi, well we have an extremely strong reputation in finance, and
students going into this sector are starting to diversify more into
areas like asset management and real estate. So if you are wanting to
make a shift into this area then we are definitely a positive choice,
and we are located in a global financial capital as well.
Fernando (Dec 12, 2007 1:10:58 PM)
Emma: When looking for the best Letter of Recommendation, is it better
someone from your own company, a customer, someone from the government,
another education institution or the best is to look just for someone
with a very high position? Thank you.
Linda Abraham (Dec 12, 2007 1:11:44 PM)
Students: What attracted you to London Business School? Has your experience met your expectations?
MeghKamathLONDON (Dec 12, 2007 1:11:57 PM)
Manoj: We had a student, I believe in 2006, who was a professional
soccer player in the US in MLS and then moved to investment banking
after graduation. It is definitely possible to move from non-finance to
EmmaBondLONDON (Dec 12, 2007 1:12:02 PM)
Vish - Hi, we look at applicants from a holistic perspective, so whilst
GMAT and academics are important, it's not just about that. 640 is a
good score but you might want to remember that our average is currently
about 690. Whatever your GMAT score, you'll need to convince us with a
strong career track, good essays, strong references, and a polished
Linda Abraham (Dec 12, 2007 1:12:15 PM)
I also want to welcome Mary Ferreira from London Business School's admissions office. Welcome Mary.
maly (Dec 12, 2007 1:12:33 PM)
Mary: Do most students spend their internships in the UK? Or are there
many that intern throughout Western Europe or the US, and if so, how
difficult is it to find? I am specifically interested in
Taha (Dec 12, 2007 1:12:35 PM)
Emma: Would applying in the third round would be a good idea for international candidates?
NR (Dec 12, 2007 1:12:56 PM)
Graeme: I checked the profile of the consulting team at present, and it
looked like everybody had a background in consulting, How is the team
chosen? I am looking to do pharmaceutical consulting post MBA and it
would be very beneficial to be a part of the summer consulting team.
MeghKamathLONDON (Dec 12, 2007 1:13:06 PM)
For me London business School offered the following....strength in
finance....brilliant faculty and community...and the city of
London...this was backed up by a very strong career services group
which was critical for my career.
gautam (Dec 12, 2007 1:13:14 PM)
Tamsin: Given the emphasis that LBS places on diversity, are there
fixed targets of nationality, functional experience, etc that the adcom
looks to meet?
TamsinShillitoeLONDON (Dec 12, 2007 1:13:38 PM)
lbs_for_08, the School offers a range of opportunities for students
looking to take an entrepreneurial route through their MBA. Last year
we introduced a new core course called Discovering Entrepreneurial
Opportunities which gives students the tools to identifying new
opportunities. There are also electives available from our vast
portfolio and the Entrepreneurship Summer School for those who have a
business idea they wish to work on to see if it will be feasible. The
GEM - Global Entrepreneurship Monitor is one of the faculty research
areas and also of great interest to students.
streich (Dec 12, 2007 1:13:56 PM)
Is it possible to get a transcript of this session, so I can have all the links and answers? When will that be available?
KittyLeeLONDON (Dec 12, 2007 1:14:01 PM)
Linda, London Business School is parallel to none in terms of
diversity. The international flavor permeates not only the academics
but the student body and internship/full time work opportunities here.
Our students are recruited into positions in Asia, all over Europe, the
Middle East and the US. In terms of expectations, I think it has
exceeded my expectations in that I have learned far more about myself,
my interests and my strengths/areas for improvement.
EmmaBondLONDON (Dec 12, 2007 1:14:21 PM)
Fernando - Hi, we recommend that you avoid recommendations from someone
in a very high position, unless you work closely with them on a regular
basis. This is because we much prefer that your recommenders can
comment intelligently on your capacity to contribute in the classroom,
and your leadership potential. It's fine to use a supervisor or a
client if going to your direct supervisor is difficult; educational
references are fine but it's better to get professional ones if you can
unless you have only had one position since graduating.
Linda Abraham (Dec 12, 2007 1:14:25 PM)
Yes. The transcript should be posted in about a week. It will be
accessible from the London Business School page on Accepted.com.
sandro (Dec 12, 2007 1:14:42 PM)
Emma: I am interested in the Decision, Risk, and operation concentration, does LBS have a specific area that focuses on that?
aaalbs (Dec 12, 2007 1:15:22 PM)
Megh: Were you working on the IT side of risk management/equities
trading or were you on the business side and actually trading yourself?
Linda Abraham (Dec 12, 2007 1:15:55 PM)
Students: Who are you favorite professors? What have been your best classes?
EmmaBondLONDON (Dec 12, 2007 1:16:00 PM)
Taha - Hi, we recommend that any candidate applies as early as possible
- and don't forget that nearly all our candidates are international!
Currently 89% of our class comes from outside the UK. There are still
places in the third round of course, but it inevitably gets tighter the
later in the year it gets. And of course, if you apply in Round 4 you
also cut yourself out of the running for most of our scholarship
Applicant08 (Dec 12, 2007 1:16:03 PM)
Graeme and Emma: I have heard about the active media club at LBS, could
you tell us a little more about any connections with media companies at
the school, and how students wishing to go into that field can take
MeghKamathLONDON (Dec 12, 2007 1:16:12 PM)
Maly: Many student do their internships outside the UK.....there is a
US trek organized for students who are interested to pursue
opportunities in the US...similarly it is possible to work in Western
Europe by letting companies know your preference.
lauraumn (Dec 12, 2007 1:16:19 PM)
Mary: I have a marketing background but am looking at both schools with
strong marketing programs (since this career field) as well as schools
with strong finance programs (since this is a personal weakness of
mine). I'd consider LBS more of a finance school. In your opinion as
I'm considering schools, does it make sense as a marketing person to go
to LBS or is it better for me to pick more of a "marketing" school
MeghKamathLONDON (Dec 12, 2007 1:16:54 PM)
aaalbs: I worked on the business side as a risk manager. My job
involved supporting the trading desks so I wasn't trading but helping
senior traders manage and measure the risk in their portfolios.
MaryFerreiraLONDONN (Dec 12, 2007 1:17:08 PM)
Hello Linda - my PC is playing up a bit today so my typing may be slow.
Must be time for our Christmas holidays! Many students undertake
internships in the UK but also in other countries. Our 2nd year class
for example took summer jobs in Dubai, China, India, USA, Switzerland -
in fact all over the globe. It is the same with many of the 2nd year
project clients. Many of these projects include an international
element. in fact over 50 of the MBA2007 class followed projects in
countries outside the UK - that were also not their home country. FYI:
Average internship weekly earnings for MBA2008 were US$2,000.
KittyLeeLONDON (Dec 12, 2007 1:17:18 PM)
Linda, my best classes have been Strategy - the professor has been
outstanding. The reason I liked it so much was because it took a class
which is typically seen as "soft" and taught some very interesting
frameworks and taught a new way of thinking. However, my favorite
professor was Prof. Cornelli, who taught our Corporate Finance class.
GraemeHarperLONDON (Dec 12, 2007 1:18:08 PM)
Entrepreneur: With regard to case and business plan competitions, there
are many. Just to name a few are the European Business Plan of the Year
competition that was won by our students in Milan earlier this year, the HSBC
Global Deal comp, and the Alpha Challenge which was won by students
from our Investment Management Club.
Gundeep (Dec 12, 2007 1:18:11 PM)
Emma: Hello I am working in Motorola, UK for last 4 years as a Software
Engineer, and would like to do part-time MBA. I think EMBA is
part-time, but is only for people with background in management. So I
am not sure if there is any program suitable for me in LBS. Can you
EmmaBondLONDON (Dec 12, 2007 1:18:13 PM)
Sandro - hi, we have courses in Decision and Risk analysis and a number
of electives in Management Science and Operations. The best thing is to
look at our website for a full rundown of courses that are currently
lauraumn (Dec 12, 2007 1:18:40 PM)
Graeme: One concern I have about going to LBS is that looking at the
2008 and 2009 classes, most people have finance or consulting
backgrounds and after school, go into finance or consulting. Will I
have trouble finding a job if I'm looking at Industry positions -- I
feel the milkround for Industry isn't quite as organized or strong as
NR (Dec 12, 2007 1:19:25 PM)
Megh or Kitty: Could you please elaborate on how study groups
are chosen? Does everyone get their opinions heard in the group
studies? Would it be difficult for someone with little management
experience to contribute effectively to the group?
TamsinShillitoeLONDON (Dec 12, 2007 1:19:41 PM)
Lauraumn, As you know London Business School is 'global' in all
aspects. So from an admissions point of view we are really looking for
students who will fit in and thrive in this kind of environment. You
will be working in a study group during your core courses throughout
the first year. It is very unlikely that you will have anyone from your
group who is from the same nationality. Most students joining the
programme have some international experience or exposure whether from
their studies or work experience. Whilst in some cases this may vary
depending on their individual situation it is important that you are
open to working in a multi-cultural environment and appreciate the value
this will bring to your learning experience and career. We also receive
feedback from recruiters that additional languages are a plus to your
EmmaBondLONDON (Dec 12, 2007 1:19:50 PM)
Gundeep - Hi, our EMBA programme is a general management degree, but
people come to it from all different backgrounds. The main thing to
remember is that this is a programme that requires you to be on campus
every second consecutive Friday and Saturday, so you remain in
employment whilst you are studying.
lauraumn (Dec 12, 2007 1:20:03 PM)
Emma: I've been reading a lot online about strategy around applying
first round versus second round (I'm applying in fall '08 for class of
'09). What are your thoughts on your chances of getting in if you apply
1st vs 2nd? Does it really matter? Are there advantages to one over the
MeghKamathLONDON (Dec 12, 2007 1:20:29 PM)
Linda: To add onto strategy and finance, I have enjoyed and learned so
much from the soft courses: Business Communication, Negotiations and
Art of communication with the latter 2 being part of the leadership
program, a core requirement for first year student
KittyLeeLONDON (Dec 12, 2007 1:21:21 PM)
Lauraumn: Although London Business School may be perceived as "finance"
school, it has some very strong marketing classes in Brand Management
and International Marketing. We also have a number of very strong
marketing relationships with large companies where we place many of
students such as PepsiCo, L'Oreal, etc. The key difference is that
London Business School gives you opportunities to work more heavily in
international markets and we have a number of very strong retail chains
in the UK. Finally, you should also consider a school for multiple
reasons beyond academics - the culture, the location, the types of job
entrepreneur (Dec 12, 2007 1:21:26 PM)
Graeme: Thank you for answering the admissions section of my question -
still looking for more on what other entrepreneurial opportunities LBS
provides - i.e. business plan contest, connections with VC's...
TN2010 (Dec 12, 2007 1:21:38 PM)
Students, how have you found the strategy curriculum thus far?
EmmaBondLONDON (Dec 12, 2007 1:22:29 PM)
Lauraumn - Hi, there really isn't any difference between the first and
second rounds to be honest - there will still be plenty of places
available even after round 2. The only real difference is that some of
the scholarships may have already been given out in Stage 1, but even
the majority of those are not decided until after the completion of
GraemeHarperLONDON (Dec 12, 2007 1:22:32 PM)
Streich: It depends in which Stage you submit an application as to when
you might receive an interview. Stage 2 applicants will hear if they
have been invited for an interview on 12 Feb. A full list of dates can
be found at http://www.london.edu/mba/admissions.html.
cdeneo (Dec 12, 2007 1:22:42 PM)
Hi Tamsin, I have a GMAT of 640 and am planning to retake it a couple
weeks after the round 2 admission deadline - would my new GMAT score be
considered if higher or would a decision be made on my current GMAT
KittyLeeLONDON (Dec 12, 2007 1:22:53 PM)
Entrepreneur: I have competed in 3 case competitions within 3 months
and have made it to final rounds in 2. There is a plethora of
competitions / business plan writing competitions where you can get
very specific feedback and the potential to win cash prizes.
Sergio_NL (Dec 12, 2007 1:22:56 PM)
Greetings from The Netherlands! Emma: Could you comment on the
increased volume of applications in this year's R1 with respect to the
previous year? Will this have an effect in class size? Thanks.
Taha (Dec 12, 2007 1:23:25 PM)
Graeme: Is it possible to send a recommendation letter other than the two references to be completed online?
TamsinShillitoeLONDON (Dec 12, 2007 1:23:47 PM)
Oscar, as I was mentioning earlier the value of your learning on the
MBA programme is two fold, both from our world class professors and the
high caliber students. As such, at London Business School we are keen
to see students who can contribute to the learning environment, e.g.
class discussion. We do not relate our admissions to age guidelines but
do look closely at the what you have achieved to date in your career
and how this will fit in with the class as well as impact your overall
lauraumn (Dec 12, 2007 1:24:01 PM)
Tamsin: For scholarships, are there separate applications or are you automatically considered with your main application packet?
KittyLeeLONDON (Dec 12, 2007 1:24:32 PM)
Entrepreneur: We have an Entrepreneurship Club here at London Business
School. There are also many students here that are interested in
entrepreneurship that are doing things on the side - for example, I am
actually in the process of developing a new business idea with 3 or 4
of my colleagues which we hope to launch in the next 9-12 months.
MeghKamathLONDON (Dec 12, 2007 1:24:51 PM)
NR: Study groups are allocated by the program office. They ensure that
each group has a breadth of diversity and experience....for example in
my group I have 2 from finance, 1 from strategy, 1 from family
business, 1 from marketing and 1 from industry....similarly they are
from all over the world...for contributions it is up to each
individual...perspectives matter a lot for an efficient group
result...there are 2 members in the group with limited management
experience but that is not a limitation...in fact it brings fresh
perspective in the group...we also ensure that each member becomes a
project manager for one of the group projects...this way you get to
manage people, improve your managerial experience and become a better
MaryFerreiraLONDONN (Dec 12, 2007 1:25:02 PM)
Hello Lauramn. We are certainly proud of our excellent reputation in
finance but we also have fantastic offering across marketing, strategy
and entrepreneurship for example. I think the key is to find some some
schools that are a good "fit" for you and think honestly about the
weighting that you give the different criteria that are important for
you - location, brand, profile of class, firms that hire, global
networks for alumni, opportunities for student partners to work/study,
ambiance of the campus, practical opportunities. As well as the
curriculum and teaching staff. We certainly have graduates who move
into some of the more classic marketing roles. For example, one of our
student ambassadors from last year is now working in quite a senior
role linked to global brands with an FMCG in Switzerland . We also have
great marketing electives and of course a very active student organised
marketing club as well as all the opportunities afforded by our
location and recruiter and alumni contacts.
GraemeHarperLONDON (Dec 12, 2007 1:25:46 PM)
Entrepreneur: You can find a load of information on our Entrep. Club
website at http://www.entrepreneurship-club.org/ including details of
the annual Entrep. conference.
Manoj (Dec 12, 2007 1:25:53 PM)
Tamsin: What is the age group of the students in LSB, is being in mid thirties a disadvantage?
EmmaBondLONDON (Dec 12, 2007 1:26:03 PM)
Sergio - Hi, we've had a substantial increase in Stage 1 applications
so competition is going to be tough again this year. We don't have any
plans to increase class size in response to the increase in apps; we
believe our current class size is optimum - big enough to create a lot
of opportunities through your peer group, but small enough to ensure a
comfortable MBA experience. I'm not sure where you are based in the
Netherlands, but if you are near Amsterdam please feel free to come
along to our Information Session at the Sheraton Airport hotel next
lauraumn (Dec 12, 2007 1:26:15 PM)
Emma: I'm looking at doing an exchange my 2nd year of my MBA -- do you
see it as a disadvantage to be away from London when searching for a FT
position? Is it easier to do exchange fall or spring term in order to
have minimal impact on job hunting?
GraemeHarperLONDON (Dec 12, 2007 1:26:26 PM)
Taha: We don't recommend that candidates send more than the 2 required references.
Abhinav (Dec 12, 2007 1:26:33 PM)
Graeme: My college grades were not good, but I worked hard to get a
professional degree in finance (CPA) is that sufficient for a
consideration from the adcom all other things being equal?
Linda Abraham (Dec 12, 2007 1:27:56 PM)
Megh and Student09: Who are you favorite professors? What have been your best classes?
KittyLeeLONDON (Dec 12, 2007 1:28:12 PM)
TN2010: Even coming from a consulting background, I found the strategy class to be outstanding.
EmmaBondLONDON (Dec 12, 2007 1:29:04 PM)
Lauraumn - hi again, there are always some trade-offs when going on
exchange, but I think most people who do take the opportunity to go
would say that the benefits far outweigh these. As you may know, we
currently exchange with over 30 top schools. In terms of choosing
between exchange terms, it's probably better to be away in the fall.
TamsinShillitoeLONDON (Dec 12, 2007 1:29:11 PM)
Hello cdeneo, if you are retaking your GMAT after the deadline, please
update the Admissions team with your unofficial score that you receive
on the day you take your test so that we can update your application.
Amit (Dec 12, 2007 1:29:17 PM)
Emma: Does LBS offer programs on Technology Transfer (i.e. early stage technology to license or start-up opportunities)?
vish (Dec 12, 2007 1:29:23 PM)
Tamsin: I am an engineer and cannot get a recommendation from my direct
supervisor. I can either get it from a senior engineer who I worked
closely with or a vendor. Which would be a better choice?
MeghKamathLONDON (Dec 12, 2007 1:29:41 PM)
Linda: Prof Mateo, Strategy and Prof Cornelli, Finance are my favorite
teachers......classes would be finance, strategy, leadership courses
such as negotiations and communication.
EmmaBondLONDON (Dec 12, 2007 1:30:12 PM)
Amit - hi, this is quite a specific question so rather than put you
wrong on this, I'd suggest you check out our suite of electives around
technology and entrepreneurship on the website.
KittyLeeLONDON (Dec 12, 2007 1:30:21 PM)
We also have an outstanding professor Freek Vermuelen who is a professor with the Strategy department.
lauraumn (Dec 12, 2007 1:30:21 PM)
Mary: If I have a 680 on my GMAT, does my college GPA have any impact
on getting accepted? I know it's a part of my application packet and
you take a holistic approach, but I've heard that a decent GMAT makes
the college GPA fairly unimportant (I have a 3.3 college GPA).
redcliffe (Dec 12, 2007 1:30:31 PM)
Emma: I recently took my GMAT, and got a score which is in line with
your current average, and so normally would not be concerned. But I
scored far higher on the verbal than the maths - is the maths score
considered more important and in those circumstances is it considered
that this may harm an application enough for it to be worth retaking?
GraemeHarperLONDON (Dec 12, 2007 1:30:56 PM)
NR: I believe 4 or 5 of this year's team did have some previous
consulting experience, but this is contrary to previous years. It is
not required, but the Career Services team (who select the SCT) do
choose the best people from those that apply, so I guess that's the way
it worked this year.
EmmaBondLONDON (Dec 12, 2007 1:31:10 PM)
Redcliffe - Hi, obviously quant is important on the GMAT, but unless
it's really low (and you maybe have an arts background) we generally
look at the overall score.
entrepreneur (Dec 12, 2007 1:31:54 PM)
Graeme: The exchange program you guys have seems quite interesting.
What is the competition for this? For example, if I wanted to go to
Wharton/MIT on exchange, what are the chances of me being able to go?
MeghKamathLONDON (Dec 12, 2007 1:33:05 PM)
Jaime: The first year core courses are an introduction to
finance......basic stuff...the second year has more intense electives
which will be more quantitative...please note that there are many first
year students with no background in finance so an introduction to the
concepts is necessary...MiF is an intense one year finance program...so
the modules will be more intense and quantitative than the MBA.
EmmaBondLONDON (Dec 12, 2007 1:33:24 PM)
Aldo - hi, as we are based in such a large global capital the core of
our recruiting base does come from London, but given that companies
know how international our student body is they are often looking for
people to fill overseas positions, including in Latin America.
Interestingly, it looks like we may have an increase in Latin American
scholarships in the near future.
streich (Dec 12, 2007 1:33:33 PM)
Emma: Would it be possible to chat with local (Silicon Valley) alum in the VC community? How would I set that up?
Linda Abraham (Dec 12, 2007 1:33:52 PM)
Megh and Student 09: You’re active in a number of different
extra-curricular activities. How do you find the time, and could you
tell us a little about them?
EmmaBondLONDON (Dec 12, 2007 1:34:44 PM)
Streich - Hi, this should be no problem. Let me know where you are
based and I'll give you the email address of the relevant person in the
admissions team so you can contact them for this information away from
the public chat.
GraemeHarperLONDON (Dec 12, 2007 1:34:54 PM)
Abhinav: Professional qualifications and a good GMAT will help to
counter-balance a below-par GPA, so it will then also depend upon the
remainder of your application.
TamsinShillitoeLONDON (Dec 12, 2007 1:34:55 PM)
Manoj, the age range for the class of MBA 2009 at London Business
School was 23 - 39. We are looking at what applicants are able to
contribute to the class and how this will tie in with their goals post
MBA. For candidates applying with relatively low work experience, we
would expect them to have progressed above their peers and be able to
fit into a class where the average experience is around 5-6 years.
Students with more relative work experience would need to demonstrate
progression in line with the amount of work experience they have, e.g.
demonstrating strong leadership skills.
lauraumn (Dec 12, 2007 1:34:59 PM)
I'm concerned about first year fall term -- I don't have a strong
finance background and know that more than one fall term required class
is quantitative. Do students without quantitative background struggle
first term or is it not that bad?
Chawdley (Dec 12, 2007 1:35:31 PM)
Emma: I have a broad question: LBS seems to be, as are many MBA
programs, highly focused on finance and wealth management (as lauraumn
just pointed to). For someone interested in Business and organization
change management, what does LBS offer?
cdeneo (Dec 12, 2007 1:35:56 PM)
Graeme - can you shed some light into how many seats are open for
admissions comparing round 2 vs round 3? Is it much harder to get into
round 3 just because fewer seats are left to fill at that point?
lauraumn (Dec 12, 2007 1:37:01 PM)
Mary: On average, how much do students get paid for their second year projects? What factors into how much they get paid?
KittyLeeLONDON (Dec 12, 2007 1:37:03 PM)
Linda: I am active in Young Enterprise (mentoring high school students
in entrepreneurship), informal student VC club and case competitions. I
also find time to participate in various Women in Business events. For
me, the MBA is about exploration about my various areas of interest and
this has given the me opportunity to learn in and outside the
classroom. I find time by prioritizing - I came into the MBA with 2-3
goals and prioritize those I think meet those. I also tend to plan
ahead as many activities here require inputs and efforts of multiple
MaryFerreiraLONDONN (Dec 12, 2007 1:37:05 PM)
Hello Aldo. Our students are covered in terms of working in the UK for
their internships between years 1 and 2 of the MBA. I am not sure of
the exact legislation in terms of non-EU students working in the EU
during the internship and if firms need to obtain temporary work
permits on their behalf. If you post your email address then we will
follow up with you on that question early next week. Our Career
Services colleagues will be able to give us the most accurate and up to
date information. All I do know, is that I know several second year
students who are not from the EU and who worked in continental Europe
during the summer.
EmmaBondLONDON (Dec 12, 2007 1:37:16 PM)
Chawdley - Hi, yes, we do have a reputation as a finance school largely
because we also offer the MiF programme, have a very strong faculty and
are based in a financial capital where lots of finance jobs are on
offer. But if you look at our elective portfolio you'll see that there
is a concentration in Change Management, and some fabulous gurus like
BT (Dec 12, 2007 1:37:34 PM)
Emma: Hi, I wanted to know how companies (top consulting firms and
inv-banks) look at a 15-month LBS degree, 12-month INSEAD degree and a
24-month Harvard degree. I am sure they're all top schools. But does
the length matter? If not, what is the rationale?
sandro (Dec 12, 2007 1:38:31 PM)
Tamsin: What are the scholarships opportunities for Americans at LBS.
In other words, how can you obtain one if you are from the U.S.?
MeghKamathLONDON (Dec 12, 2007 1:38:54 PM)
Linda: I am a student ambassador for the school...I work closely with
the program office to help prospective students get a better
understanding of the school and the program. I'm also an active member
of the finance, private equity and energy club...and attend career
events such as corporate presentations ......time management can be an
issue but it helps to prioritize...a lot of time is spent getting to
know my peers...there are really brilliant students in my class....so I
try to prioritize my activities and take it from there.
Max_2010 (Dec 12, 2007 1:39:04 PM)
Students: In case one chooses to concentrate, is it feasible to pursue more than one concentration at LBS?
Also, what electives are included in the PE concentration?
EmmaBondLONDON (Dec 12, 2007 1:39:20 PM)
BT - Hi, as you may know, our MBA is based around flexibility, so you
can choose to complete in 15, 18 or 21 months. As to how recruiters
view the three schools - I don't really think length matters. All the
top companies recruit from all three schools, so at the end of the day
they will be looking for caliber of the individual, rather than the
length of the programme.
TamsinShillitoeLONDON (Dec 12, 2007 1:39:29 PM)
Vish, The Admissions Committee are of course aware that this may be the
case for some applicants. Either options you give would be suitable.
You should select the person who is familiar with your work and able to
comment on this in some detail. If they are able to speak about any
progression and development, this would also be helpful. It would be
worth looking at the questions, if you have not already done so, to see
who you think would be most suitable to answer them.
KittyLeeLONDON (Dec 12, 2007 1:39:51 PM)
Lauraumn: Many of the students in our class did not come with a finance
background - there are core classes that are quantitative. However, I
think the professors are very good at balancing the class so that those
with no background can pick it up. However, those with non finance
background obviously must work harder (i.e., many of them attend the
non-mandatory tutorials, meet up with professors) -- for me, I also
relied upon my study group to work through projects or study.
cdeneo (Dec 12, 2007 1:40:03 PM)
Emma: How does applying in round 3 compare to round 2? Are fewer spots left to fill in round 3 vs round 2?
TamsinShillitoeLONDON (Dec 12, 2007 1:40:15 PM)
AB, I believe my colleague Emma Bond has already responded to similar
queries. Please do refer to her responses earlier on in the chat.
lauraumn (Dec 12, 2007 1:40:23 PM)
Tamsin: Speaking of other languages... I only speak English. I know
some people come into the LBS MBA program with no proficiency and take
classes throughout their first year and pass the proficiency exam
without huge issues. How common is it to have students with no language
other than their native? How hard is the proficiency exam? Is not
having a language a disadvantage as I'm considered as a candidate for
GraemeHarperLONDON (Dec 12, 2007 1:41:10 PM)
Entrepreneur: I'm afraid I do not know the exact stats but the
percentage is high. Some schools are more competitive than others and
this differs year on year. The process is that students are invited to
apply (they must write a short essay on why they wish to attend that
exchange school), and the essays are marked by a panel of programme
office staff and second year students. The process is anonymous and
grades are not considered when making any decision.
Pankaj (Dec 12, 2007 1:41:14 PM)
Students: What schools did you apply to when you were an applicant? Why did you choose LBS over others as an applicant?
EmmaBondLONDON (Dec 12, 2007 1:41:16 PM)
Cdeneo - Hi, see my earlier answers re applying in the different
rounds. The overall response is that the earlier the better, there are
spots in all rounds, but it gets progressively more full the later you
LBSMBA (Dec 12, 2007 1:41:33 PM)
Emma: Could you please provide rough estimate of the number of students
that are from the US? How easy is it to get a job in USA from campus
recruitment? Are there companies hiring for the US?
Taha (Dec 12, 2007 1:42:01 PM)
Graeme: My question is regarding interviews, if the alum is not in my
country of residence would I have to travel for the interview?
MaryFerreiraLONDONN (Dec 12, 2007 1:42:11 PM)
Hello Lauraumn - I can see that you are super prepared with your
questions for this chat. Are you about to submit an MBA application in
Round 2?! The weekly average earnings for the internships for the
MBA2008 class were US$2,000. In terms of projects there is quite a wide
range as many students undertake projects with Not For Profits and so
ask for minimal payment or they waive payment, whilst other students
earn considerable income. The average for 2nd year project earnings was
lauraumn (Dec 12, 2007 1:42:33 PM)
Mary: Is there a way for me to contact alumni or an alumni association
in my city/state/country? I'd like to talk to people about why they
chose LBS and get their opinions. How would I go about doing this - is
there a website? Or do I contact the LBS office?
streich (Dec 12, 2007 1:42:51 PM)
Students: Do most courses require some type of group presentation? [useful skill to develop]
KittyLeeLONDON (Dec 12, 2007 1:43:05 PM)
Pankaj: I applied only to London Business School, Harvard and Stanford.
For me, my desire to pursue an international career made London
Business School an obvious choice for me.
Aldo L (Dec 12, 2007 1:43:28 PM)
Kitty, Megh - So far, what is it that you don't find as expected
about London and LBS? Any improvements that you'd like to see?
MeghKamathLONDON (Dec 12, 2007 1:43:36 PM)
Pankaj: I applied to Wharton and London Business School in the first
round. I had also considered NYU and Columbia but had deferred
applications for later rounds. I chose London business school for its
strength in finance, its brilliant faculty and students (I had met many
when I was working in London), its strong career service team and the
fact that it is in London.
KittyLeeLONDON (Dec 12, 2007 1:44:13 PM)
Streich: Yes. There is often oral presentations, class discussions and
many communication classes that target developing presentation skills
and personal presence as well as interviewing.
EmmaBondLONDON (Dec 12, 2007 1:45:17 PM)
LBSMBA - Hi, there are about 23% of students from the USA and Canada,
but a lot of these have dual nationality. And yes, our brand continues
to gain strength in the US so more and more students are returning
there to work following their degree in London. Employers are beginning
to recognize the value of recruiting people back to the US who have had
an international MBA experience, and that combined with the excellence
of our programme and the caliber of people we recruit makes our
students excellent prospects for US employers.
Gundeep (Dec 12, 2007 1:45:21 PM)
Thanks Emma. Can you please tell if the EMBA can be done while doing a
non-management related job in parallel. Are there any course projects,
internships etc. which are job specific, and hence may require changing
my nature of the job to be managerial?
Pankaj (Dec 12, 2007 1:46:07 PM)
Hola from New York! Students: What is 'one' key aspect that sets LBS apart?
GraemeHarperLONDON (Dec 12, 2007 1:46:36 PM)
Taha: We attempt to match candidates with alumni interviewers in their
home country wherever possible. Last year we conducted interviews in
over 50 countries and with alumni based in over 100 countries it
normally isn't a problem. Where are you based?
EmmaBondLONDON (Dec 12, 2007 1:46:58 PM)
Gundeep - Hi, I'm afraid I'm not an expert on the EMBA programme, so
I'd prefer to put you in touch with someone in the EMBA admissions
team. Try emailing Balbir Guru (firstname.lastname@example.org) to get your questions
answered - she'll be very happy to help.
lauraumn (Dec 12, 2007 1:47:12 PM)
Graeme: I'm concerned about getting a letter of recommendation within
my company -- I'm in a sales organization and no one with whom I work
on a regular basis has their MBA, and people generally have a "why
would you need your MBA? It's not necessary" attitude. How would you
advise I handle this?
TamsinShillitoeLONDON (Dec 12, 2007 1:47:19 PM)
Sandro, The majority of our scholarships are open to all nationalities
although we do have some that focus on certain nationalities. For
example last year saw the launch of 2 Summer Consulting Team
Scholarships and this year we have a new CSR scholarship from Style
Research for £20,000. We have 2 Annual Fund scholarships for
students from USA/Canada for £12,000 each. Around 25% of our
incoming class receive some form of scholarship from us each year. You
can view further information on our corporate, alumni, foundation and
club scholarships on our website:
BT (Dec 12, 2007 1:47:25 PM)
Tamsin: Hi, I wanted to know if LBS will only look at the highest GMAT
score that you received or you will take an average of multiple scores?
streich (Dec 12, 2007 1:47:45 PM)
Emma: Do you see much interest from Chinese companies in your graduates?
KittyLeeLONDON (Dec 12, 2007 1:48:03 PM)
Aldo: I was (pleasantly) surprised by how down-to-earth yet driven the
student body was. I am finding I am amongst a group of peers whom I am
not only good friends with but respect professionally.
MeghKamathLONDON (Dec 12, 2007 1:49:03 PM)
Aldo L: I have been in London for the last two years prior to the MBA.
...I love London as it is a great city to live in...however it is an
expensive city to live in...given that London Business School is in the
heart of London campus space can be an issue.
MaryFerreiraLONDONN (Dec 12, 2007 1:49:53 PM)
Hello Lauraumn. We put people in touch with current MBA students as a
first step. If you tell me where you are based then I can start you off
with the name and email of my colleague who will be able to start you
off. By the way, candidates to the MBA programme who are successful in
having their MBA application shortlisted through to the interview stage
are interviewed by an MBA alumnus or alumna. This is great way to meet
someone who knows the MBA programme first hand as the interview is also
an opportunity for you, the candidate to ask more questions about the
MBA2008 (Dec 12, 2007 1:50:11 PM)
Hello Mary: What is considered a weak GMAT score? Secondly, if my GMAT
is weak and the rest of the portfolio is great would you ask me to
re-take the exam and offer conditional admission? Thanks.
KittyLeeLONDON (Dec 12, 2007 1:50:38 PM)
Pankaj: I think the diversity sets us apart. For me personally, I also
am really happy by how flexible the academic curriculum is and how much
the school, faculty and staff continues to look for opportunities to
improve by asking and incorporating student feedback on a regular basis.
Aldo L (Dec 12, 2007 1:50:38 PM)
Thank you Tamsin.
sandro (Dec 12, 2007 1:51:20 PM)
Emma: What if you decided to pursue a career in Europe rather than your
home country after graduation? How does LBS help you establish?
GraemeHarperLONDON (Dec 12, 2007 1:51:24 PM)
Lauramn: If you can't ask for a reference from your current employer you could try a former employer; a client or peer.
EmmaBondLONDON (Dec 12, 2007 1:51:30 PM)
Streich - Hi, China is obviously a growth region - our business
development associates in Career Services are currently working with
our Asia Club in organising a Banking Trek to increase our presence.
Recent companies that have been recruiting for positions in China and
HK include TimeWarner, GSK and Intel, and it looks likely that more
opportunities will continue to arise.
Amit (Dec 12, 2007 1:51:55 PM)
Graeme: Would LBS be a good option for technology transfer experience?
GraemeHarperLONDON (Dec 12, 2007 1:52:53 PM)
Amit: Can you elaborate? Do you mean for making a transition from technology to another industry?
TamsinShillitoeLONDON (Dec 12, 2007 1:52:59 PM)
Lauraumn, this would not be a disadvantage for you applying to the
programme. We take a holistic approach to applications looking at every
part of your profile. And of course the purpose of the MBA is to fill
in any gaps that you have. As a result not only will you benefit from
the language tuition as part of the course but you get the
opportunities to speak to practice your languages with fellow class
mates, travel and go on exchange.
MeghKamathLONDON (Dec 12, 2007 1:53:00 PM)
Pankaj: To add to Kitty's response: Location, London : Strong Financial
Centre, gateway to Middle East, Asia and Africa as well as close
proximity to US.
vish (Dec 12, 2007 1:53:09 PM)
Tamsin: If there is a candidate who has strong community service is he at a better place than one with minimal?
EmmaBondLONDON (Dec 12, 2007 1:53:41 PM)
Sandro - Hi, our graduates take up positions all around the world,
although many are in London by virtue of the number of multinationals
based here. If there is a particular country in Europe you are
interested in our Careers team will work with you to help you establish
networks and reach out to alumni who may be based there.
Linda Abraham (Dec 12, 2007 1:53:50 PM)
Tamsin: How did London’s R1 application volume this year compare to last year’s?
TamsinShillitoeLONDON (Dec 12, 2007 1:54:29 PM)
BT, We will consider your highest GMAT score and do not take an
average. To avoid taking multiple times, we would recommend
familiarising yourself with the practice tests first.
MaryFerreiraLONDONN (Dec 12, 2007 1:54:42 PM)
Hello MBA2008. As you will see on the MBA pages of the London Business
School website (www.london.edu) the GMAT is one element of the
application package. Our GMAT range starts from 600 on the
MBA. The average for the first year MBA class is 690. We would look at
the GMAT split in the context of the rest of your MBA application. If
the score was poor but we thought you had potential then it might be
that your application is given a waitlist offer and that you are asked
to retake the GMAT. The most constructive advice would be to submit the
strongest overall application package that you can. So, if you are very
concerned with your GMAT score, I would spend more time following the
different practice routes and retake the test before your submit your
MBA application. We have 4 MBA application stages and the last
application deadline is on 2 May so you still have plenty of time to
prepare. Many candidates take the GMAT at least a couple of times - the
latter is not at all unusual.
Leo (Dec 12, 2007 1:55:07 PM)
Mary: Is there a LBS alumni club in India with whom one can get in touch with?
KittyLeeLONDON (Dec 12, 2007 1:55:49 PM)
All: As a student, just to give you a flavor of my experience at London
Business School so far - I have been exposed to so many new experiences
and have made new friends from all over the world. Right now, some of
my closest friends are from my study group (which includes people from
Afghanistan, Pakistan, Argentina, Denmark and Egypt). At the same time,
having London Business School as part of my network, I have been in
touch with many former alumni in all the top brand companies and I have
even been working with some former alumni whom are now entrepreneurs to
help them write a business plan for a new concepts they want to launch
in London this year.
EmmaBondLONDON (Dec 12, 2007 1:56:16 PM)
Applying2010 - Hi, decisions are due out on December 19, so keep an eye
on your email inbox! We do try and call applicants when we can, but due
to the fact that our applicant pool is based literally all around the
world, we cover our bases and make sure everyone gets an email.
GraemeHarperLONDON (Dec 12, 2007 1:56:34 PM)
Cdeneo: There's not a great deal of difference between your chances in
Stage 1, 2 or 3. We do advise candidates to try and avoid Stage 4 if
possible as this is where there are fewer places available, although we
do reserve places for Stage 4. It very much depends upon the quality of
the candidates that come through in each of the stages, which is
impossible to predict.
Pankaj (Dec 12, 2007 1:56:54 PM)
Emma: How do you look at international transcripts? I do not have a GPA but rather a flat grade.
Abhinav (Dec 12, 2007 1:57:13 PM)
Graeme: I had reported my GMAT score three years back when I took my
GMAT. Do I have to report it again as a part of my application?
EmmaBondLONDON (Dec 12, 2007 1:57:52 PM)
Pankaj - Hi, because our class is almost all international we are used
to assessing transcripts from all over the world. There shouldn't be
any problem with yours, but don't worry, if we have any questions we
will be in touch.
Linda Abraham (Dec 12, 2007 1:58:46 PM)
There are several questions from applicants seeking to contact alumni
in their country or city. What should they do in order to be put in
contact with local alumni if that is possible?
Luis Banson (Dec 12, 2007 1:59:15 PM)
Students: Please describe your campus life. Is the LBS experience a pleasant one? Socially, what can LBS offer its student body?
TamsinShillitoeLONDON (Dec 12, 2007 1:59:38 PM)
Vish, we will consider this in balance with your other experience.
Students applying from different countries do have varying levels of
community service as part of their profile, although most are involved
in activities outside their work environment. This is important as
students are expected to get involved within the London Business School
Community. As you may be aware we have a number of very active and
influential clubs on campus. In terms of whether this would be an
advantage to your application, it may be an opportunity for you to
demonstrate a time you have stepped up and taken the lead in an event
or project. So overall it could well compliment the opportunities in
your work experience.
GraemeHarperLONDON (Dec 12, 2007 1:59:41 PM)
Abhinav: We accept scores up to 5 years old, so we will just use the
score that you provided 3 years ago. There is no need to report this
MBA2008 (Dec 12, 2007 2:00:27 PM)
Hi Graeme, I know the average GMAT is 690, what is the GMAT range?
vin (Dec 12, 2007 2:00:45 PM)
Tamsin: Apologies, if you already answered this. But can you tell us
when the admit calls/emails start going out for Round 1 (earlier than
Linda Abraham (Dec 12, 2007 2:01:10 PM)
I guess Mary answered Graeme's question. I'll get you another one.
Pankaj (Dec 12, 2007 2:01:28 PM)
Graeme: Does it matter if you apply early in Round 2 like right now as against a day before the deadline?
Zaki (Dec 12, 2007 2:02:02 PM)
Emma: My work history has been strictly oil and gas, specifically in
Financial Analyst roles. I am interested in pursuing my MBA in
International Business. How is LBS's IB program and how is it viewed
from a global scale?
lauraumn (Dec 12, 2007 2:02:15 PM)
Mary: How important are extracurricular events on your resume in your
application? I know when applying for undergrad, that was something
they valued. Does LBS / MBA value if you have activities outside of
your job? How much weight is placed on this type of activity?
EmmaBondLONDON (Dec 12, 2007 2:02:25 PM)
Linda - Hi, in the first instance, applicants should send a request to
our Info Office email (email@example.com) who will then put them in
contact with their regional admissions officer. I should point out that
we recommend people try and attend an event or a class if possible
before getting in touch with alumni.
TamsinShillitoeLONDON (Dec 12, 2007 2:02:32 PM)
Linda, as Emma mentioned we have seen a substantial increase in Stage 1
applications compared to last year, although this is typically one of
our smaller stages for application numbers. It will of course be
difficult to see what the overall trend will be until much later on in
the admissions year.
TamsinShillitoeLONDON (Dec 12, 2007 2:03:18 PM)
Vin, All decision will go out on the 19th
GraemeHarperLONDON (Dec 12, 2007 2:03:45 PM)
Pankaj: There's no advantage to applying way ahead of the deadline,
although I would advise submitting earlier than the final day because
the server can get very busy in everyone's rush to submit just before
EmmaBondLONDON (Dec 12, 2007 2:03:54 PM)
Zaki - Hi, we are seeing more people come in from Oil and Gas, as well
as people moving into this industry during their MBA. We have a
concentration in International Business, but I think the thing that
differentiates us from other schools is the learning from an extremely
international peer group and faculty body.
Taha (Dec 12, 2007 2:04:00 PM)
Tamsin: Regarding the timing of application, do I miss out on most of the scholarships if I apply in round 3?
GraemeHarperLONDON (Dec 12, 2007 2:04:07 PM)
MBA2008: The current GMAT range is 600-800.
jon (Dec 12, 2007 2:04:11 PM)
Megh - what kind of activities is the energy club at LBS active in?
EmmaBondLONDON (Dec 12, 2007 2:04:27 PM)
Aldo - Hi, Round 1 offers have not been made yet, and we have no idea
of numbers for Round 2 or 3 until after those application deadlines.
MeghKamathLONDON (Dec 12, 2007 2:04:33 PM)
Luis: It has been an exciting term. There are two brilliant events held
in the first term. Tattoo is the international event where we have
students from different parts of the world showcase their culture. Then
we have Santa Pub Crawl...imagine this- 400 Santas on the roads of
London celebrating Christmas...these are two of the main events...we
also have Sundowners...a weekly Thursday event (read: free drinks)
sponsored by some of the top global companies...besides these there are
many other social events such as wine and cheese events, salsa,
classical music events and sporting events such as football and
rugby....I have enjoyed the campus experience this term...first of all
it was great to meet so many diverse students (I met someone from
Belarus for the first time in my life!!!), then it was getting to know
them mostly in our next door pub....Windsor..there are so many more
events to come....MBAT, winter and summer ball, summer play..the list
wondering (Dec 12, 2007 2:04:52 PM)
Hi Emma: LBS in known for its finance , but I was wondering if you
could comment on creatives that you have admitted in recent years? What
percentage of the class has come from marketing/design/creative
backgrounds in the past couple of years?
lauraumn (Dec 12, 2007 2:05:48 PM)
Students: What % of LBS students are married? I've been looking for
that statistic in materials / website but don't know if you publish
that or keep track of it.
streich (Dec 12, 2007 2:06:31 PM)
Tamsin: Regarding languages... If I was interested in Mandarin, would the language test be only spoken, or written as well?
KittyLeeLONDON (Dec 12, 2007 2:07:18 PM)
Lauraumn: Many students are married or have serious partners. The
Partner Club is extremely active (many of them also participate in our
student social events). Many spouses are also able to find employment
and have the right to work here in London.
MeghKamathLONDON (Dec 12, 2007 2:07:21 PM)
Jon: The Energy club organized an energy conference a few weeks
back...it attracted some of the top researchers, policy makers,
politicians, business leaders in the energy sector. It has also invited
companies to come down onto campus and host events......the club has
also worked with career services to produce a cv book purely for
energy...there is a strong relationship between the club and the
Linda Abraham (Dec 12, 2007 2:08:35 PM)
For those of you interested in contacting current LBS students from your
native countries, please go to http://www.london.edu/mba/contact.html
and call or email . The school will put you in touch with someone that
matches your interests.
EmmaBondLONDON (Dec 12, 2007 2:08:43 PM)
Wondering - Hi, yes, we're known for finance but we have a huge variety
of backgrounds in our class - law, medicine, the armed forces...and
certainly some creative types! Over the years we've had an opera
singer, a TV soapstar, and a theatre director or two. The majority of
the intake is still from more traditional backgrounds, but to help give
you some idea - in our first year class 4% come from a
marketing/publishing/media background, with 3% from the public sector.
Then of course there are other niche areas like Energy, FMCG/Retail,
MeghKamathLONDON (Dec 12, 2007 2:09:07 PM)
Streich: I'm learning Mandarin at the moment.....level 1 is over two
terms and you are expected to write in Mandarin, recognise the
characters as well as speak in the language....
Amit (Dec 12, 2007 2:09:16 PM)
Emma: Can someone elaborate on "international experience"?
Pankaj (Dec 12, 2007 2:09:43 PM)
Graeme: How do you look at a layoff on the resume? I was working in
the fixed-income/mortgage banks for an i-bank and lost my job recently
due to the crisis in the US mortgage market.
TamsinShillitoeLONDON (Dec 12, 2007 2:10:11 PM)
Alfirst, It would be impossible to recommend you for either programme
purely based on your age. We are looking at your relevant work
experience and also fit. It is important for you that you select the
best programme for your needs. Whilst the programmes have similar
offerings, there are some major difference in format, e.g. internship
and exchange options. When speaking to Sloan candidates for example
they told me that one of the things they really valued was being able
to study with like minded people - professionals who had reached a
similar stage in their career and were looking for the next step.
GraemeHarperLONDON (Dec 12, 2007 2:10:25 PM)
Brian: We don't record a class average GPA as so many of our students
come from countries with non-GPA reporting. However, to give you an
idea of what the admissions committee are looking for, if a candidate
has a GPA of 3.2 or below, they will be looking more closely at the
GMAT score and perhaps other postgrad/professional qualifications.
Taha (Dec 12, 2007 2:10:52 PM)
Students: Finally the question I've been wanting to ask... Does LBS have a Cricket team?
MeghKamathLONDON (Dec 12, 2007 2:11:39 PM)
Pankaj: I too was laid off when I first started my career with Arthur
Andersen (post Enron)...it is definitely not an issue...important thing
(thats what I did) was to explain how I handled the layoff and the
positives from it.
EmmaBondLONDON (Dec 12, 2007 2:11:42 PM)
Amit - Hi, international experience can mean any number of things - you
could have worked abroad, worked with international clients, spent some
of your education overseas, or traveled extensively in your personal
time. Above all, we are looking for people with a global outlook, who
will fit into our very multicultural campus, and who show ambition to
become true global citizens in the future.
KittyLeeLONDON (Dec 12, 2007 2:11:46 PM)
Taha: Yes, there is cricket team. As London Business School, we also have access to play down at Lord's Cricket Grounds.
MeghKamathLONDON (Dec 12, 2007 2:11:54 PM)
Taha: Yes :)
Rose (Dec 12, 2007 2:11:58 PM)
Emma: What opportunities exist for someone interested in an eventual
move to the nonprofit sector? Are there classes or activities with a
focus on nonprofit or corporate social responsibility?
TamsinShillitoeLONDON (Dec 12, 2007 2:12:55 PM)
Taha, no. As long as you apply and are offered in Stages 1, 2 or 3 you
will be able to access our full scholarship portfolio. Applicants
applying in Stage 4 will not be able to apply for our awards as the
deadlines will have passed.
lauraumn (Dec 12, 2007 2:13:12 PM)
Tamsin: How important is visiting campus prior to applying / beginning
school? Is making a campus visit weighed in as an advantage in my
Linda Abraham (Dec 12, 2007 2:14:06 PM)
Students: If you had to point to one “take-away” lesson or
benefit from your time or part at London Business School, what would it
EmmaBondLONDON (Dec 12, 2007 2:14:11 PM)
Rose - Hi, every year we have a number of students who move into the
nonprofit sector (more who move a few years out when they have paid
back some of their loans!) There are a number of electives on campus,
and the Responsible Business Club has a strong presence. In addition,
we are seeing a number of donors beginning to focus awards in this area so
keep your eyes on our scholarship pages.
GraemeHarperLONDON (Dec 12, 2007 2:14:12 PM)
Jon: The Energy Club also have a very good website you can checkout at http://www.londonenergyclub.org.uk/
TamsinShillitoeLONDON (Dec 12, 2007 2:14:25 PM)
Aldo, whilst we will review your application with the information you
submit by the deadline, if you are retaking, please do update us with
your unofficial scores as soon as you take the test.
MaryFerreiraLONDONN (Dec 12, 2007 2:14:43 PM)
Lauramn- as mentioned before, we will consider the entire application
package at the MBA review stage, so it is quite a holistic view across
work, aspirations, extra curricular activity etc. Yes, we are interested
in people's extra curricular experiences and interests but we also
realise that this can vary widely across cultures and geographies.
Therefore, I think it is helpful to include extra curricular activities
in which you are really interested . It often helps to think of the MBA
application as your opportunity to tell us your story. It is also
important to be honest so don't be afraid about noting down things that
might not have gone so smoothly. I expect that Megh and Kitty would be
happy to tell you about some of the student clubs with which they have
managed to be involved during their first, pretty intense term on the
MBA programme. In addition our student blog is a great way to see some
of the "outside" London Business School events that are lined up from
sailing in Thailand to getting involved...
Leo (Dec 12, 2007 2:16:23 PM)
Graeme: Is prior work experience in the UK considered an advantage while applying to LBS?
KittyLeeLONDON (Dec 12, 2007 2:16:26 PM)
Linda: My key takeaway would be that there is always going to be more
things you want to do than you have time for - academically, in
extracurriculars and socially. Therefore, learn to prioritize what is
most important to you.
streich (Dec 12, 2007 2:16:51 PM)
Students: Are there many functions that include spouses in the activities?
EmmaBondLONDON (Dec 12, 2007 2:17:16 PM)
Sam - Hi, we continue to see strong numbers going into consulting, and
some of these are in the US (often New York). However, a lot of
graduates choose to stay here for a couple of years before moving to
the US simply because they are enjoying life in London - a case in
point I know of from MBA 2005 is someone who started working for
McKinsey in London but has since moved to Boston.
GraemeHarperLONDON (Dec 12, 2007 2:17:22 PM)
Lauramn: With regard to visiting campus, it's not essential and we
don't count it in an applicants favour. However we would recommend
anyone that can to visit so you can get a feel for the place and the
culture, which will often make the difference. Admits get the chance to
visit during the Admits weekend at the beginning of June.
MeghKamathLONDON (Dec 12, 2007 2:17:23 PM)
Linda: Perspectives: I have learned so much from my fellow peer's experiences.
KittyLeeLONDON (Dec 12, 2007 2:17:38 PM)
Streich: Yes all spouses are invited to our events (Tattoo, Santa pub crawl, etc.). They are definitely part of our community.
cmg912 (Dec 12, 2007 2:19:08 PM)
Emma: Would you say there's a "wrong" response to the optional essay?
Should it be less of a creative/descriptive piece, and more of an
expansion on explaining any additional skill sets?
Linda Abraham (Dec 12, 2007 2:19:27 PM)
Tamsin, Emma, and Graeme: Do you believe applicants should “clean
up” their Facebook and MySpace pages before applying to b-school?
Before starting their job searches?
GraemeHarperLONDON (Dec 12, 2007 2:19:57 PM)
Samuel: It depends. To waive the English testing requirement you need
to have studied at least a 2 year programme. There are several caveats
however. As this is quite detailed I would advise checking out our
Linda Abraham (Dec 12, 2007 2:20:36 PM)
Do you ever check student Facebook or MySpace pages?
TamsinShillitoeLONDON (Dec 12, 2007 2:21:09 PM)
Hello Rodrigo, The MBA class is made up of candidates from many
different professional backgrounds. This is what makes the class room
and learning experience so unique. We would be looking at how you are
going to move into your post MBA goals based on your work experience
and so you would need to demonstrate how you have thought this through,
especially if it is a big career switch. The class is very
collaborative so it is likely you would find candidates who do not have
such technical skills and would be keen to have you help in this area.
Also, I would recommend highlighting any areas outside your work field
that would show other dimensions to your experience and skills.
EmmaBondLONDON (Dec 12, 2007 2:21:44 PM)
cmg912 - Hi, there is no wrong response to this optional question, but
you should think carefully about what impression this additional piece
will have on the admissions committee. You should use it for useful
information that you think will add value to your application, not just
take up extra time to read!
MaryFerreiraLONDONN (Dec 12, 2007 2:21:56 PM)
Hello Thapar. If you were not selected but invited to reapply then that
would have been an indication from London Business School that we think
you could, potentially, be a London Business School MBA student in the
future. As I know you will be aware, we are rigorous in terms of MBA
admissions and it is a competitive process! However, we do have people
who have reapplied who are now London Business School students. You
should submit a brand new MBA application as this will be considered in
the context of this year's applicant pool. You can ask for your
university transcript and for your GMAT score to be transferred.
Otherwise, I would start from scratch and ensure that you include the
new information that you referred to. It will also be helpful for you
to supply references that are up to date.
Pankaj (Dec 12, 2007 2:23:33 PM)
Mary: How do you look at candidates with a Master's already? I have a BS and MS in ComSci. Does it act as a deterrent?
sandro (Dec 12, 2007 2:24:45 PM)
MaryFerreiraLONDONN (Dec 12, 2007 2:25:22 PM)
Linda We don't look at Facebook as we don't use those social sites in
relation to our admissions. We would probably be working 24/7 if we got
sucked into the networking sites! We only consider the information that
we ask for that is posted in the application/admissions side of the
London Business School website.
Taha (Dec 12, 2007 2:25:37 PM)
Mary: When accepted does LBS support me in obtaining a HSMP visa?
MeghKamathLONDON (Dec 12, 2007 2:25:39 PM)
NR: There is no limit but each leadership position involves significant
investment of time. For example if you are in finance club, you
would be working closely with company representatives for campus
events, off-campus events etc...you would also work to organize mock
interviews for students...among many other activities. All of this
takes a lot of time; it is suggested to be focused on one club for
leadership positions but you can always be an active participant in
others....Given how hectic our schedule has been it is important to
TW (Dec 12, 2007 2:25:46 PM)
Emma: I am interested in entering the energy industry after graduation.
What current clubs, internships and other opportunities are there for
people interested in this field?
GraemeHarperLONDON (Dec 12, 2007 2:25:58 PM)
Samuel: One benefit of being a graduate of Kings College is that you
qualify for an application fee waiver (£145). This applies to all
graduates of our partner institutions the University of London,
Columbia Uni, and University of Hong Kong.
Max_2010 (Dec 12, 2007 2:26:07 PM)
Tamsin: How imp.ortant is it to adhere to word limits in admissions
essays? LBS is the only school I have come across that asks applicants
to report the word count
Sergio_NL (Dec 12, 2007 2:26:21 PM)
Graeme: Regarding scholarships offered by LBS to certain applicants, is
this notified at the same time the candidate is accepted or does it
happen at a later stage? Thanks.
jon (Dec 12, 2007 2:27:05 PM)
Megh, thanks for the answer - I think that covered everything.
EmmaBondLONDON (Dec 12, 2007 2:28:21 PM)
TW - Hi, we are seeing more people moving into the energy sector and an
increase in the number of students interning in this sector. Recent
employers include Shell, BP and Investec - the BP Helios programme is
big for summer internships at the moment. We also have an active Energy
Club on campus (see Megh's previous post).
GraemeHarperLONDON (Dec 12, 2007 2:28:24 PM)
Taha: With regard to HSMP, students get the benefit of advice and the
expertise of the School's lawyers in terms of HSMP briefings prior to
the job search. The eventual application is the responsibility of the
Conns (Dec 12, 2007 2:28:37 PM)
Emma: Hi! My future husband and I are a Mexican couple that is working
very hard to prepare the the LBS application to enter in the same
generation (2008 or 2009). We are worried because to need two
acceptances is the double of difficult. Should we be worried about it?
To be a couple that wants to study at LBS together is more an
advantage? Disadvantage? Or maybe it is not important. Is there
anything we should know before the application? Thanks!
TamsinShillitoeLONDON (Dec 12, 2007 2:28:37 PM)
Pankaj, some students joining us do already have masters, whilst it is
not a deterrent, we take into consideration the relevance of your
Masters in combination with the relevant work experience you have.
Pankaj (Dec 12, 2007 2:28:46 PM)
Emma, Graeme, Tamsin, Megh, Students: All of you have been wonderful. Thanks for all the responses.
jon (Dec 12, 2007 2:28:56 PM)
MBA2008 (Dec 12, 2007 2:29:20 PM)
Tamsin: Are early academic failures (First Yr undergrad) a huge
discouragement, even if you graduated your final year with excellent
academic standing and have since had great professional success?
Max_2010 (Dec 12, 2007 2:29:39 PM)
Mary: It appears that as an LBS reapplicant you come in with a negative
baggage. That is no matter how good an application you put together,
you are at a disadvantage to first-time applicants. Is this a fair
Perpetuum_Mobile (Dec 12, 2007 2:29:47 PM)
Thanks guys, valuable info.
Taha (Dec 12, 2007 2:29:50 PM)
GraemeHarperLONDON (Dec 12, 2007 2:30:32 PM)
Sergio_NL: A small number of scholarships are awarded at the time of
offer. The majority are available for the admits to apply for in May.
This is why it is important to apply in stage 1-3 if you wish to go for
EmmaBondLONDON (Dec 12, 2007 2:30:52 PM)
Conns - Hi, there is no real disadvantage or advantage to applying as a
couple, and we have had couples accepted before. However, it does help
if you advise us when you submit your application that you are applying
together and I certainly advise thinking about financing early - if the
two of you are successful it is obviously an additional strain on
Linda Abraham (Dec 12, 2007 2:31:03 PM)
Thank you again all for participating today. Special thanks to Tamsin,
Emma, Graeme, Mary, MBA 2009, and Megh for answering all these
TamsinShillitoeLONDON (Dec 12, 2007 2:31:20 PM)
Max_2010, it is important to adhere to the word limits that have been
set. The ability to summarize your answers to the given question is an
important skill and something that we will be looking at as we are
reviewing your application. It is also fair to all candidates to be
given the same amount of space and words to convince the admissions
MaryFerreiraLONDONN (Dec 12, 2007 2:31:28 PM)
Hello Taha. We have a large Career Services team at London Business
School. They run a whole programme of coaching and briefings for
students. This includes briefings about the right to work in different
parts of the world depending on where our students come from. The
briefings also include information on how - and when to apply for the
HSMP. In addition we have links with a couple of the leading law firms
in the country and the MBA students are eligible for an initial free
consultation if they require it.
noam (Dec 12, 2007 2:31:35 PM)
Regarding the word limit for essays - is it acceptable to exceed the required limit by a little?
buddy (Dec 12, 2007 2:31:58 PM)
Very interesting questions and answers.
TamsinShillitoeLONDON (Dec 12, 2007 2:32:05 PM)
Thank you Linda, goodbye.
EmmaBondLONDON (Dec 12, 2007 2:32:10 PM)
Thanks Linda - good luck with your applications, everybody.
cmg912 (Dec 12, 2007 2:32:34 PM)
GraemeHarperLONDON (Dec 12, 2007 2:32:34 PM)
Noam: Yes, we give a little allowance in the word limit.
Sergio_NL (Dec 12, 2007 2:32:38 PM)
Thank you very much to all of you for the information. A very informative session.
KittyLeeLONDON (Dec 12, 2007 2:32:39 PM)
MeghKamathLONDON (Dec 12, 2007 2:32:52 PM)
Thanks Linda and the rest. good luck everyone.
GraemeHarperLONDON (Dec 12, 2007 2:32:54 PM)
Linda Abraham (Dec 12, 2007 2:34:11 PM)
For those of you who still have questions, we will probably organize an
additional London Business School chat in late January or early
Hornblower (Dec 12, 2007 2:34:39 PM)
Ok great. The earlier the better.
MaryFerreiraLONDONN (Dec 12, 2007 2:34:45 PM)
Thanks to everyone for taking part. We'll have the transcript posted on
Accepted.com and on the London Business School website in a few weeks'
time and we'll schedule another date for the first quarter of 2008 if
people would find it helpful. Happy holidays to everyone who is
scheduled to celebrate.
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