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FEBRUARY 10, 2004 MBA INSIDER: ADMISSIONS Q&A SAMPLE London's Worldly Appeal LBS Director Julia Tyler talks explains how the program's global, multicultural approach reflects its home city
Applications to graduate business school are down this year, but they still exceed by a wide margin the number of slots available. What's an applicant to do? On Feb. 5, about 100 of them tuned in to a BusinessWeek Online chat to get advice straight from the source at London Business School, where Julia Tyler, director of the full-time MBA program, has already sifted through hundreds of applications this admissions season. Nathan Brown, a second-year student at LBS, also tuned in to share insights from his MBA experience there.
Tyler and Brown fielded admissions questions from the live audience and hosts Mica Schneider and Jack Dierdorf. Here's an edited transcript of that event: Q: Julia, with news of smaller application volumes at business schools, everyone has been keen to know if getting a seat at LBS will be easier this year than in the past. How are applications panning out at LBS, and what's your take on the competition? Tyler: Greetings from a gray London. The sky may be gray, but applications are buoyant this year. Not as high as last year, as I think is the case for all business schools, but our quality is good. And to answer your question, it will be just as difficult to get into London as any other year. Quality is the key indicator for us always. Q: What percentage of applicants do you anticipate accepting this year, and how does that compare with past years? Tyler: We expect that we'll make probably around the same number of offers as last year. We're heading for a class of around 300. Q: You mentioned that quality is good this year. How so? Last year's class came in with a 684 GMAT. Will the stats improve more still in 2004? Tyler: Yes, last year we had an average GMAT around 685, but GMAT score is not the primary indicator of quality for us. One tip for getting into London Business School is don't get spooked by your GMAT score. We're looking for the whole person -- a good GMAT helps, but does not guarantee anything. See Full Version 
 
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