London School of Business (LBS) MIM Review : Is It the Right MIM Programme for You?

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London Business School (LBS) MIM REVIEW

London School of Business (LBS) offers a world-class Master in Management (MIM) program which is tailored by professionals and leading business minds. The LBS MIM has been curated in consultation with top recruiters to build their graduates with top business-ready career skills. The course is balanced with electives and experiential-based practices and workshops to provide holistic training to the students. 

LBS is located at the heart of the global financial hub. This goes without saying, the career and networking opportunities for students will be unparalleled. The program is designed for young professionals and aspiring students who want to kickstart their careers. This review will discuss the LBS Masters in Management (MIM) program, the placements, salary, fees and scholarships, and application essays and deadlines. The insights will help you make an informed decision. 

Overview of the LBS MIM Program 

The LBS MIM program is a full-time degree that lasts 12-16 months, basically a one-year master’s degree. The program is structured to equip aspiring students and young professionals with business fundamentals and leadership skills. 

London Business School MIM Curriculum

The core courses cover are theoretical and basic fundamentals of business such as finance, accounting, marketing, strategy, organizational behavior, and operations management.

LBS MIM Electives

LBS MIM boasts a huge number of 110+ elective course options of which you’ve to choose three. These courses provide cross-generational learning with MBA and MiF. Some of the most interested electives that are offered by LBS MIM are:

Advanced Corporate Finance

Big Data Analytics

Brand Management

Digital Marketing

Entrepreneurial Finance

Global Strategy

Managing Change

Negotiation and Bargaining

Private Equity and Venture Capital

Social Entrepreneurship

Digital Investing

Corporate Strategy

Experiential Learning Programs 

Experiential learning programs will be a part of your curriculum to drive and polish your skills. 

Some of the experiential learning programs at LBS MIM program are:

London Projects: The London Projects allow the students to work as consultants for London-based companies. You’ll contact clients directly, and develop solutions for live strategic business problems. 

Project Aasha:  This is a student-led initiative wherein the students collaborate with social entrepreneurs in India through impact consulting projects. The initiative aims to create a positive social impact. 

Global Experiences: This is led by expert faculty, offering an in-depth view of a country’s business culture. The students are taken for company visits, expert panels, workshops, and guest speakers. For one intensive, immersive week, the students interact meaningfully with major corporations, micro-entrepreneurs, faculty, alumni, and others in the LBS global community.  

Digital for Impact: Digital for Impact virtually connects the London Business School (LBS) students, with other SMEs operating in emerging economies such as Rwanda, Uganda, Kenya, and Nigeria. Through this collaboration, the students work towards innovation and consultation for recovering their economics. For instance, business recommendations and strategies. 

LBS MIM Applications: Important Interview Questions, Essays, and Deadlines

University Applications might be daunting but they can be easier to crack if you master your essay. The essays are a crucial part of your application through which the admissions committee can understand your goals, aspirations, achievements, personality, what drives you and makes you unique.

ESSAY QUESTION 1

What does the LBS community mean to you, how do you plan to engage with your new network, and what contributions do you plan to make as a student and future member of the alumni community?

ESSAY QUESTION 2

What are your short and long-term career goals, and what profound impact are you looking to make as you embark upon your career? Please be specific and consider any challenges or barriers you may face within your answer

ESSAY QUESTION 3

If applicable, please explain any reasons for academic underperformance.

ESSAY QUESTION 4

Have you ever received formal disciplinary action from an academic institution or been forced to withdraw from a course of study? If so, you must declare the information here.

ESSAY QUESTION 5

Which industry are you looking to work in? / Job function are you aiming for? / Please tell us which country you hope to work in after graduation.

ESSAY QUESTION 6

In 150 words (or less), tell us about a hobby or main interest

ESSAY QUESTION 7

In 300 words or less, please tell us how will your previous experience(s) enable you to thrive within our School's diverse and international community.

ESSAY QUESTION 8

How did you hear about this program? How have you connected with the LBS community.

Some Tips to Remember:

• Research well about the school and its values

• Draw on your past experiences, achievements, and aspirations and how you can engage with the LBS community in a meaningful manner to actualise your goals

• Highlight what makes you different from other applicants—talk about anecdotes, challenges you might have faced, leadership skills, etc.

• Lastly, be honest

Once you clear the application round, the next step is the interviews round. This involves two phases. The first phase, which is the major phase, involves the Adcom asking you questions. This phase goes for around 35-40 minutes. The second phase is where you will be you asking the interview team questions, which is around 15-20 minutes. The interview questions are mainly from your resume, essay, self-growth, and future goals.

The application deadlines for the LBS MIM program are in stages. You can apply by any one of the application deadlines.

London Business School (LBS) MIM Application Deadlines

The candidates should submit their application by 23:59 UK time on the day of their chosen deadline, to be considered for that stage. 

Fees and Financing

The tuition fee for LBS MIM 2024 intake was £47,500. This tuition fee cover the core courses, electives, and other educational resources for the entire length of the program. In addition to the tuition fees there is also a mandatory Students Association fee of £180 that covers the Student Association (SA) subscription.

There are different kinds of scholarships and financial aid provided by LBS. You can check the list here. Some of these scholarships will cover more than 50% of your tuition fees while others up to 80%.

The other expenses that you will have to bear are the accommodation, food, and travel expenses along with health and other miscellaneous expenses.

LBS MIM Placement & Salary: Where are the Graduates Hired?

London Business School holds an excellent report of job prospects, with 91% of MIM graduates securing a job within three months of graduation. Whereas, 94% of graduates receive at least one job offer. The graduates secure jobs in the areas of consulting, finance, entrepreneurship, and technology. 

The average salary of LBS MIM graduates is around USD 68,000. 47% of graduates find work in the UK while the rest find jobs outside the UK, with Asia le

ading followed by Europe and Africa. The graduates have also made it to top firms like Amazon, Goldman Sachs, and BCG.

LBS MIM Top Recruiters

LBS MIM graduates make it to top firms across finance, technology, and consulting, showcasing their exceptional skills and versatility. With access to a strong LBS MIM alumni network and tailored career support, students secure roles that accelerate their professional growth in highly competitive industries.

Frequently Asked Questions about LBS MIM

Who is this program aimed at?

The LBS MIM program is aimed at recent graduates who have graduated within the last two years, with a maximum of two years of postgraduate work experience. You should have the motivation and desire to build a strong foundation for a business career and may come from a diverse academic and professional background. We will consider applicants who have broad work experience in non-traditional business roles such as engineering, science, and arts.

Can I contact a student ambassador?

Yes. LBS student ambassadors provide great insight into both the programs and the vibrant LBS community.

Do I need work experience or will you accept graduates straight from university?

The LBS MIM program is specially designed for recent graduates - so you can join straight from your undergraduate studies. It’s also suitable for those who have completed an internship or have up to two years in the workplace.

Can I work while I study?

This is a full-time program and it is not advised that students work during their degree due to the difficulty of juggling study, job applications, and School activities with a par

Why Choose LBS MIM

London School of Business (LBS) MIM is one of the most renowned schools for MIM degrees in the UK. Its rigorous and holistic curriculum coupled with innovative teaching methods, learning programs, and field trips offers students with upscaled skills and leadership qualities. The students connect with different industries, cities, and professionals giving them global perspectives. It will make you relevant, ready, and well equipped for the ever-changing job market.