FULL-TIME MBA Profiles Publish Date 11/05/09

University of London

London Business School

Getting In

PROGRAM BASICS

Full-time MBA Programme

London Business School

London Business School
Regent's Park
London , United Kingdom

Program Web site:

http://www.london.edu/programmes/mba.html

Status:

Public Institution

Program e-mail address:

mbainfo@london.edu

Graduate business school is accredited by:

AACSB International

Association of MBAs (AMBA)

European Foundation for Mgt. Development (EFMD)

EQUIS

SCHOOL BASICS

Graduate business school enrollment:

Total: 1,832
Full-Time MBA: 721
Executive MBA: 622
PhD Program: 62

Graduate degree programs:

Master of Finance

Other graduate degree programs:

Sloan Fellowship; Masters in Management

PROGRAM COSTS

Total direct costs (tuition and required fees) of the entire MBA program:

Resident : $ 74,620
Nonresident : $ 74,620

PROGRAM LENGTH

Full-time program (months):

ADMISSIONS

Application Deadlines

Deadline: 7
Deadline: 6
Deadline: 3
Deadline: 21

Does the program have rolling admissions?

Is proficiency in English required for admission?

Yes

Is a minimum score on an English language proficiency test required?

Which English language proficiency tests are accepted?

IELTS

TOEFL Internet Based Test

Relative Importance of Application Elements:

GMAT Score:

Very Important

Resume/Work Experience:

Very Important

Application Essays:

Very Important

Interviews:

Very Important

Recommendations:

Very Important

Undergraduate Transcripts:

Very Important

APPLICANTS

Applications (admitted and denied) to the newest class:

2,767

Applicant interviews are:

By invitation only

Applicants (admitted and denied) who were interviewed:

41 %

Admitted applicants who were interviewed:

100 %

APPLICANT POOL

International applications received:

95 %

Applications from women received:

25 %

Mean base salary forgone:

$ 62,256

Median base salary forgone:

$ 60,000

CLASS PROFILE

Full-time students in newest entering class (2009-2010) that are:

Female: 27 %
International: 90 %

Students from following regions:

Africa : 1 %
Asia: 21 %
Eastern Europe and Central Asia: 4 %
Latin America and the Caribbean: 12 %
Middle East: 5 %
North America: 16 %
Oceania : 3 %
Western Europe: 38 %
Dual citizenship: 17 %

Percentage of U.S. students in newest entering class that are:

N/A

Percentage of U.S. students in newest entering class who are from the following regions:

N/A

Mean months of work experience of newest entering class:

Median months of work experience of newest entering class:

Middle 80% range of work experience of newest entering class in months:

From: 36
To: 96

Median age of entering class:

Mean age of entering class:

FINANCIAL AID

Full-time MBAs apply for financial aid through:

Dedicated financial aid office at the B-school

Full-time MBAs who applied for financial aid for the current academic year:

40 %

Full-time MBAs receiving financial aid in the current academic year:

95 %

On what basis are scholarships awarded?

A combination of need and merit

Full-tuition scholarships school will award during the upcoming academic year:

How does an applicant apply for scholarship consideration?

all candidates are considered for scholarship

Mean scholarship awarded to full-time MBAs in the previous academic year:

$ 24,933

Percentage of first-year students receiving financial aid who receive at least the same amount in their second year of study:

8 %

Does the school offer a guaranteed loan to all MBAs regardeless of nationality?

GMAT

Are applicants required to take the GMAT?

Yes

GMAT scores:

Mean : 697
Median: 700

Middle 80% range GMAT scores:

From: 640
To: 750

Academics & Lifestyle

CLASS OFFERINGS

Average number of students in a full-time MBA core class:

Average number of students in a full-time MBA elective class:

Elective courses available to full-time MBA students:

Electives that have been added to the full-time program since June 30, 2009:

Behavioural Economics and Decision Making
Entrepreneurship in Emerging Markets
Family Business: A guide to owners managers & advisers
Real Estate Finance

Year of last major change or significant overhaul to the core curriculum:

2006

Concentrations and specializations offered to full-time MBA students:

Entrepreneurship

Finance

International Business

Manufacturing and Technology Management

Marketing

Strategy

Other: Private Equity; Change Management

Does the school offer an accelerated full-time MBA program?

The school believes that its leading areas of study for full-time MBA students are:

Entrepreneurship

Finance

International Business

Marketing

Strategy

FACULTY

Faculty employed by the B-school:

142

Full-time faculty:

Tenured: 49
Non-Tenured: 50

Adjunct/Visiting Faculty:

Tenured: 0
Non-Tenured: 33

Women on Faculty:

Tenured: 5
Non-Tenured: 19

Minority Faculty:

Tenured: 0
Non-Tenured: 0

International Faculty:

Tenured: 37
Non-Tenured: 47

Faculty with PhDs:

Tenured: 49
Non-Tenured: 48

STUDENT LIFE

Professional clubs available to full-time MBA students:

Biotech/Health care

Consulting

Corporate Social Responsibility/NetImpact

Entrepreneurship

Finance

Information Technology

Investment Banking

Marketing

Media & Entertainment

New Media

Nonprofit

VC/ Private Equity

Other

Networking clubs available to full-time MBA students:

Gay/Lesbian/Bisexual

Hispanic Student Organization

International Club

Partners/Family

Volunteer

Wine

Women in MBA

TEACHING/ACADEMICS

Teaching methods used:

Case Study: 33 %
Distance Learning: 5 %
Experiential Learning: 10 %
Lectures: 33 %
Simulations: 5 %
Team Projects: 14 %

Requirements for graduation:

Students are required to complete international experience

Students must have attended a minimum number of classes

Students are required to be fluent in more than one language by graduation

Students must complete a company-specific project and present results to relevant parties

Other:

Additional graduation requirements:

Students must pass all core courses and must take a minimum of nine electives (12 max allowed). MBA students are required to demonstrate business competence in more than one language (listening, writing and speaking)

TECHNOLOGY

Technology improvements in the last three academic years:

The campus has a new dedicated student centre that has significantly increased study space, improved access to IT support and print/copy/scanner stations, video-conferencing, and the latest high-speed wireless network access. Our recently re-designed website incorporates multiple underlying applications that ease the user’s experience whether it be searching and applying for a program, or registering for an event in London, NYC, Hong Kong or Dubai. The portal continues to evolve and underpins all line of business systems for teaching and research for the entire school community.

Amount spent:

$ 5,460,000

Alumni Affairs & Careers

B-SCHOOL ALUMNI

Living MBA alumni:

7,050

Active MBA alumni clubs:

Countries in which MBA clubs exist:

Living MBA alumni who gave in past year:

15 %

Mean gift from MBA alumni:

$ 3,434

Median gift from MBA alumni:

$ 401

Did school receive an individual gift in excess of $10 million in the past academic year?

Business school endowment

$ 24,084,087

Does the main university offer career placement services for alumni?

Yes

Does the main university have an alumni networking Web site?

Yes

University alumni networking site:

Password protected area of http://www.london.edu

Does the B-School have an alumni networking Web site?

Yes

Business school alumni networking site:

Password protected area of http://www.london.edu

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

N/A

Annual job-searching trips that the school coordinates or participates in:

N/A

Primary source of job offer:

N/A

Job Offers for 2009 graduates:

N/A

Top recruiting organizations most recent academic year:

N/A

Base salary, signing bonuses and other compensation for most recent employed graduates:

N/A

Graduating students who accepted jobs in the following functional areas:

N/A

Graduating students who accepted jobs in the following industries:

N/A

Graduates who accepted full-time jobs in the following regions:

N/A

Within North America, graduates who accepted full-time jobs in the following regions:

N/A

Top recruiting organizations for internships, most recent academic year:

N/A

Weekly internship compensation:

Mean: N/A
Median: N/A

SCHOOL COMMENTS

School Comments:

Please note that the London Business School MBA is 15 to 21 months in duration. This gives students the flexibility and choice to tailor their learning as they progress through the London Business School MBA.

Graduate Comments

The professional advancement is huge, and the experience of London Business School is outstanding both inside and outside the classroom. This is a complete life-changing period, a definitive right decision. -- Marketing

Excellent Finance faculty and a strong reputation amongst banking and finance companies. -- Finance

Having done an exchange at another prestigious school and having compared strengths and weaknesses I feel I would recommend LBS to a colleague. -- Finance

It's an ideal school for international students. The school community is engaging and although it is a top ranked school, it doesn't stink of arrogance. -- Finance

Academically rigorous, internationally diverse, excellent location, some very good faculty. Provides access to a host of opportunities that one may not have considered before. -- Investment Banking

Enormous opportunities. -- Finance

The MBA program has had a very positive impact on most of our lives. The LBS MBA truly stands out in its diversity - I would have never been exposed to so many different views and cultures if I hadn't attended LBS. In a globalizing world I think this is an invaluable experience. -- Consulting

Completing my MBA at London Business School not only strengthened my business knowledge and analytical skills, it also greatly expanded my network. What makes London Business School so unique is its international class... For this reason, I would recommend it above any other U.S. or international business school. -- Human Resources

I enjoyed the school, the city and the events we had with different companies. -- Finance

I had a chance to go on exchange to a top U.S. school and found the student body not to be as diverse in their personal and professional backgrounds. -- Venture Capital/Private Equity

I've found that the benefits of a truly international class room (over 90% international students) made my MBA experience that much more enjoyable and rewarding. -- Finance

I felt that I was the part of the school and the school depended on me as much as I depended on school. LBS for me was like "Cheers." -- Finance

This experience although very demanding has more than exceeded my expectations although not in the areas that I thought when going in. I lost my wife during the process but I gained an international network of unprecedented scope and a some very close friends. So all in all a life changing experience that I wouldn't have been without! -- Investment Banking

Attending to London Business School gave to me a whole new meaning to the word "International." The community is truly international, unlike the U.S. school I went on exchange where the proportion of U.S./Non-U.S. Students was 70/30 and most of the Non-U.S. students had lived or studied in the U.S. before. -- Investment Banking

London Business School changed my life in so many ways. It is the only school I found that is TRULY global. So many of my classmates came directly in from countries around the world. My class of 307 people came from something like 48 countries and spoke 53 different languages. Their personal and professional knowledge was what made the MBA experience for me, and London Business School created an incredible environment to bring this out and nurture it. I can't say enough about how special this institution is and how strongly an example it sets for what a business school needs to be in today's globally competitive world. -- Operations

Taking the MBA was one of the best decisions of my life. London Business School was already my first option and it exceeded my expectations in terms of learning, networking and career opportunities. -- Operations

Hindsight being 20-20, I attended the best program for me given my international ambitions - both personally and professionally. -- Investment Banking

The international experience and diversity of our class is the most valuable thing I got out of my MBA. I had the opportunity to study in Hong Kong and France, in addition to the U.K. -- Consulting

I loved the diversity (understood in terms of nationalities, backgrounds, international work experience, etc.) of London Business School. This, and having two years to reflect on my future career path, were the main reasons I chose that school. I also liked the fact of being so close to one of the world's top financial and business centers. It makes it so much easier to have seminars, presentations, and debates on campus with top executives and financiers. That is a definitive competitive advantage for the school. -- Consulting

The small size of the London Business School student body provided an opportunity for a more tailored MBA experience. The program office really tried hard to help support us in any way they can and get to know many of us by name. Fellow students have a great deal of experience and truly international in their perspective. I learned a great deal not only about business but also about global issues during my time at London Business School. My MBA accomplished exactly what I'd hoped for and despite the high cost, I would choose it again with no hesitations. -- Finance