Find all School-related info fast with the new School-Specific MBA Forum

It is currently 02 Oct 2014, 03:09

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

LBS (Mgmt) or LSE (Finance) or HEC (Finance)

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
Intern
Intern
avatar
Joined: 01 May 2014
Posts: 2
Followers: 0

Kudos [?]: 0 [0], given: 1

LBS (Mgmt) or LSE (Finance) or HEC (Finance) [#permalink] New post 01 May 2014, 02:31
Hey guys,

I need your help as I got offers for all of the above mentioned programmes and as I have to make a decision in the next three days.
I don't mind about doing a management master or a finance master as I am interested in both areas and as I have the opportunity to specialise myself on finance at the management master of LBS (they offer electives).
Additionally, I visited all three universities and I could imagine myself studying in London or Paris.
Therefore, I'm really interested in how these programmes differ in their worldwide reputation.
My goal is to work in a consulting firm (McK, BCG, Bain etc) after graduation. Preferred location will be Germany.
If it won't work with a job in the consuting industry, I could also imagine myself working for an investment bank as I already have relevant internship experiences at top-tier investment banks.

Thanks a lot for your help, I will really appreciate it!
1 KUDOS received
Intern
Intern
avatar
Joined: 30 Nov 2013
Posts: 41
Followers: 0

Kudos [?]: 5 [1] , given: 1

Re: LBS (Mgmt) or LSE (Finance) or HEC (Finance) [#permalink] New post 01 May 2014, 13:35
1
This post received
KUDOS
Quote:
Preferred location will be Germany

Why are you not going to a German school?

WHU, Mannheim, HSG, HLL all have great placements for MBB. I'd imagine it has to do with the strength of the German economy or the business culture encouraging consulting.

I can't remember the dates I set, but here's the data I got for % of students who attend MBB from said schools from a certain time period. Might've been graduates from 2003-2013.

Quote:
WHU (3.8% MBB*) HHL (2.9% MBB*), HSG (1.8% MBB), EBS (1.7% ) HEC (1.6% MBB, ), SSE (1.5% MBB, ), MBS (1.1% MBB),LSE (.8% MBB, ), WU (.6% MBB), NHH (.5% MBB), RSM (.5% MBB ), and CBS (.4% MBB)

* = relatively low sample size


I used linkedin edu to pull this information.
Obviously this doesn't paint a full picture: low sample sizes in some cases, exchange students probably get counted as attending the university, preferences might differ from schools e.g. NHH students would rather work in oil, lse in finance; mannheim/lse offer a lot more than just business and there's no way for me to segment the business students, etc. etc.

Regardless, it shows German schools are definitely a great place to head if your goal is MBB in Germany.

Anyways, you seem to already have a set of choices. I vote in favor of HEC. The LBS management program is relatively recent, has unimpressive placement to its peers, and you hinted at interest in finance which a MSC in Finance would better serve. LSE is fine but I've never been impressed by its placement statistics, it seems unnecessarily expensive, and HEC/LSE probably share similar reputations in continental Europe. Neither will do you wrong, really, but both programs are stronger than LBS's management for sure in placements.

If you have aims outside of Europe the LSE name will probably carry you better, but it's all moot if you land an MBB job anyways. Not many people are going to care if you went to Podunk University if you've got McKinsey on your resume.
_________________

GMAT Prep 1 - November 25, 2013: 44 Q, 45 V, 720
GMAT Prep 2 - March 16, 2014: 47 Q, 42 V, 720

Intern
Intern
avatar
Joined: 01 May 2014
Posts: 2
Followers: 0

Kudos [?]: 0 [0], given: 1

Re: LBS (Mgmt) or LSE (Finance) or HEC (Finance) [#permalink] New post 02 May 2014, 03:12
Thank you very much for your reply, it seems that you really know what you're talking about! It helps me a lot...
mooncakes wrote:
Why are you not going to a German school?

WHU, Mannheim, HSG, HLL all have great placements for MBB. I'd imagine it has to do with the strength of the German economy or the business culture encouraging consulting.

I can't remember the dates I set, but here's the data I got for % of students who attend MBB from said schools from a certain time period. Might've been graduates from 2003-2013.

I am currently at the University of Mannheim for my BSc in Business Administration (actually I am German) and I will graduate in June. I definitely agree with you that Uni Mannheim is a top school for all business-related programmes, I can just encourage everybody to go there! Nevertheless, as I have already studied there for my bachelor, I'd like to study abroad in my master...
mooncakes wrote:
The LBS management program is relatively recent, has unimpressive placement to its peers, and you hinted at interest in finance which a MSC in Finance would better serve.

I agree with you on that part, I think I will cancel the LBS programme from my list. Therefore, it remains LSE vs HEC.
However, you mentioned that the finance masters of HEC and LSE have pretty similar reputations in Europe, but outside Europe the brand of LSE outweighs that of HEC:
mooncakes wrote:
If you have aims outside of Europe the LSE name will probably carry you better, but it's all moot if you land an MBB job anyways.

Although I prefer to work in Europe (Germany), I can't see any advantages of HEC if its reputation is similar in Europe, but minor outside Europe? So why do you vote in favor of HEC? (The fees for my master are not my prior decision criteria)
Thanks a lot in advance and I would really appreciate it if I would also get other opinions concerning my decision!
Intern
Intern
avatar
Joined: 30 Nov 2013
Posts: 41
Followers: 0

Kudos [?]: 5 [0], given: 1

Re: LBS (Mgmt) or LSE (Finance) or HEC (Finance) [#permalink] New post 02 May 2014, 13:32
Yeah, I didn't clear that up. I vote for HEC because of a few factors:

1) I'm not impressed with LSE's placement. Check HEC's MSc in Finance page and its all-in compensation as opposed to LSE's MSc in Finance. HEC students seem better rewarded.
2) HEC is a small elite school. LSE, while elite, is a bit bigger. I prefer the idea of belonging to a small elite school.

Beyond that, here are issues personal to me.
3) HEC is on a campus. I prefer campus life over a big city life.
4) The UK is absolutely horrible for non-EUs looking for jobs.
_________________

GMAT Prep 1 - November 25, 2013: 44 Q, 45 V, 720
GMAT Prep 2 - March 16, 2014: 47 Q, 42 V, 720

Re: LBS (Mgmt) or LSE (Finance) or HEC (Finance)   [#permalink] 02 May 2014, 13:32
    Similar topics Author Replies Last post
Similar
Topics:
Chances for European MS Finance Masters (LSE/HEC/Oxford)? dedalux 1 03 Sep 2014, 07:52
1 Profile evaluation for Ms Finance- HSG, LSE, HEC Paris quoctuams 5 06 Feb 2013, 03:35
Time to make a final decision: Finance Master at LBS or LSE? Darkwarrior 1 26 Apr 2012, 10:02
Experts publish their posts in the topic LBS Ms in Management vs. LSE Ms in Finance alexgmd 3 19 Jul 2011, 05:52
diploma, Msc finance, lse finance 1 26 May 2006, 02:00
Display posts from previous: Sort by

LBS (Mgmt) or LSE (Finance) or HEC (Finance)

  Question banks Downloads My Bookmarks Reviews Important topics  


cron

GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.