Tuesday, April 18, 2006

Why London Business School?

EDUCATION
  • Globalization will be magnified in the future. Studying, living, and networking in one of the most diverse programs and cities in the world will provide an ideal training ground for this environment.
  • LBS’ 80 faculty members are second to none. Nearly all professors are affiliated with one or more of the other top business schools in the world – Harvard (35), Chicago (20), MIT (19), Stanford (17), Columbia (14), Wharton (9), INSEAD (4), Kellogg (3).
  • Study groups, the shadowing and 2nd year projects, focus on multi-lingual abilities, and numerous exchange opportunities are unique to LBS and provide invaluable real world experiences.

CAREER PLACEMENT

  • Over the past three years, an average of 22% of MBA graduates have secured jobs with the multinational companies that I would initially like to work for (eg, McKinsey, BCG, Bain; Goldman, Morgan Stanley, Lehman). With a revamped Career Services office, this number is just over 30% for MBA 2005.
  • 96% of MBA 2005 was employed earning on average US$175,000 after bonuses. 99% of MBA 2006 was hired for internships earning an estimated US$20,000.
  • UK’s HSMP program allows non-UK/EU national to take internships and work in the UK after graduation without need of cumbersome work visas. Even so, 36% of students secured jobs outside of the UK in 2005, proving the value of the global brand.

OVERALL EXPERIENCE

  • Having Europe and other nearby countries accessible over short weekends is an amazing opportunity. I have traveled extensively around the US and am now incredibly excited about experiencing vastly different cities and cultures.
  • Living in one of the best multi-cultural cities in the world can't be underrated. Yes, it will be expensive, but so are all other top programs in the world. The incremental debt should easily be covered with even an average MBA job - albeit there may be 0.5 year more of payments.
  • Becoming friends with people from all over the world (70% non US/UK) will ensure a life long network of places to visit, jobs to access, and cultures to experience. This shouldn't be mistaken for looking up alumni – these will be people you personally know and have shared amazing experiences with.