{"id":19787,"date":"2013-07-21T13:05:04","date_gmt":"2013-07-21T20:05:04","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/?p=19787"},"modified":"2013-07-21T13:05:04","modified_gmt":"2013-07-21T20:05:04","slug":"london-business-school-finance","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/london-business-school-finance\/","title":{"rendered":"London Business School & Finance"},"content":{"rendered":"

\"LBS\"<\/a>A quick glance at London Business School<\/a>: LBS currently ties for first place as the best international business school in the world (alongside Chicago Booth in the U.S.), according to<\/em> Bloomberg Businessweek<\/a> (2012) and fourth place in the world by <\/em>The Financial Times<\/a> (2013)<\/a>.<\/em><\/p>\n

London Business School\u2019s Class of 2013<\/strong><\/a><\/span><\/p>\n

This year\u2019s graduating class had 403 students. The age range of the students was 24-37, with an average of 5.7 years of work experience. The average GMAT score for the class of 2013 was 700. 45% of entering students come from the Corporate Sector, 31% from Finance backgrounds, and 24% from Consulting.<\/p>\n

London Business School tracks<\/a> the number of career switchers from other industries to finance. Of the 128 graduates in the class of 2012 who entered the finance industry, 23% transitioned from consulting backgrounds, 19% transitioned from the Corporate Sector, and 58% were continuing from previous backgrounds in the finance industry.<\/p>\n

London Academics Related to Finance<\/strong><\/span><\/p>\n

In London\u2019s flexible 15-21 month MBA program, students receive the opportunity to explore the business world through experiential learning and an international outlook.<\/p>\n

In Year 1 students take core courses (descriptions found here<\/a>) broken up into three terms:<\/p>\n

Term 1 courses:<\/p>\n

\u2022 Corporate Finance
\n\u2022 Data, Models and Decisions
\n\u2022 Financial Accounting
\n\u2022 Managerial Economics
\n\u2022 Strategy<\/p>\n

Term 2 courses:<\/p>\n

\u2022 Operations Management Marketing Managing Organizational Behavior
\n\u2022 Management Accounting<\/p>\n

Term 3 Courses:<\/p>\n

\u2022 Business, Government and Society
\n\u2022 Discovering Entrepreneurial Opportunities
\n\u2022 Global Business Environment
\n\u2022 London Business Experiences<\/p>\n

The second year of study is spent on Capstone Projects and on Global Business Experiences<\/a> (GBE).<\/p>\n

GBE destinations for finance students may include Boston\/New York City (Understanding Incentives in the Asset Management Industry<\/em>) or Hong Kong (Developing China's Financial Future<\/em>).<\/p>\n

Students also take 10-12 electives and can choose from different subject areas. Finance students would choose from the following elective courses<\/a>:<\/p>\n

\u2022 Advanced Corporate Finance
\n\u2022 Behavioural Finance
\n\u2022 Capital Markets & Financing
\n\u2022 Credit Risk
\n\u2022 Derivatives
\n\u2022 Equity Investment Management
\n\u2022 Financial Engineering and Risk Management
\n\u2022 Fixed Income Securities
\n\u2022 Hedge Funds
\n\u2022 International Finance
\n\u2022 Mergers, Management Buyouts and Other Corporate Reorganisations
\n\u2022 Real Estate Finance
\n\u2022 Topics in Asset Management<\/p>\n

London Finance Clubs and Competitions<\/strong><\/a><\/span><\/p>\n

\u2022 Finance Club
\n\u2022 Responsible Business Club<\/a>
\n\u2022 Global Social Venture Competition (GSVC)<\/a>
\n\u2022 Private Equity & Venture Capital Club
\n\u2022 European Business School MBA Private Equity Case Competition<\/a>
\n\u2022 LBS Stock Pitch Competition<\/a>
\n\u2022 Financial Services Essay Competition<\/a><\/p>\n

Finance Hiring Stats at London Business School<\/strong><\/a><\/span><\/p>\n

The chart below shows the hiring stats for 2012 MBA careers in finance:<\/p>\n\n\n\n\n\n\n
<\/td>\nSalary Range (USD)<\/td>\n<\/tr>\n
Base Salary<\/td>\n$66,274-$225,000<\/td>\n<\/tr>\n
Sign-On Bonus<\/td>\n$7,380-$155,940<\/td>\n<\/tr>\n
Year-End Bonus<\/td>\n$9,356-$249,504<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

-<\/span><\/p>\n

33% of LBS students in the class of 2013 had internships in the finance sector:<\/p>\n

\u2022 19% - Investment Banking\/Brokerage
\n\u2022 5% - Investment Management\/Research
\n\u2022 4% - Private Equity\/Buyouts
\n\u2022 2% - Venture Capital
\n\u2022 1% - Retail and Commercial Banking
\n\u2022 1% - Government and Supranational
\n\u2022 1% - Other Financial Services<\/p>\n

Top full-time hirers in the finance industry and the number of students they recruited include:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Citi<\/td>\n12<\/td>\n<\/tr>\n
Deutsche Bank<\/td>\n11<\/td>\n<\/tr>\n
Goldman Sachs<\/td>\n7<\/td>\n<\/tr>\n
Barclays<\/td>\n5<\/td>\n<\/tr>\n
Bank of America Merrill Lynch<\/td>\n4<\/td>\n<\/tr>\n
Credit Suisse<\/td>\n3<\/td>\n<\/tr>\n
J.P. Morgan<\/td>\n3<\/td>\n<\/tr>\n
Morgan Stanley<\/td>\n3<\/td>\n<\/tr>\n
Santander<\/td>\n3<\/td>\n<\/tr>\n
Actis<\/td>\n2<\/td>\n<\/tr>\n
Canter Equity Partners<\/td>\n2<\/td>\n<\/tr>\n
Coller Capital<\/td>\n2<\/td>\n<\/tr>\n
Fidelity Worldwide Investment<\/td>\n2<\/td>\n<\/tr>\n
First Reserve Corporation<\/td>\n2<\/td>\n<\/tr>\n
GE Capital<\/td>\n2<\/td>\n<\/tr>\n
International Finance<\/td>\n2<\/td>\n<\/tr>\n
Corporation (IFC) Itau Unibanco<\/td>\n2<\/td>\n<\/tr>\n
Moelis & Company<\/td>\n2<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Top summer intern hirers and the number of interns they hired include:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Credit Suisse<\/td>\n15<\/td>\n<\/tr>\n
J.P. Morgan<\/td>\n8<\/td>\n<\/tr>\n
Citi<\/td>\n8<\/td>\n<\/tr>\n
Barclays<\/td>\n6<\/td>\n<\/tr>\n
Nomura<\/td>\n6<\/td>\n<\/tr>\n
HSBC<\/td>\n6<\/td>\n<\/tr>\n
Deutsche Bank<\/td>\n6<\/td>\n<\/tr>\n
Fidelity Worldwide Investment<\/td>\n4<\/td>\n<\/tr>\n
Goldman Sachs<\/td>\n4<\/td>\n<\/tr>\n
Bank of America Merrill Lynch<\/td>\n3<\/td>\n<\/tr>\n
Standard Chartered Bank<\/td>\n3<\/td>\n<\/tr>\n
BMO Bank of Montreal<\/td>\n2<\/td>\n<\/tr>\n
Atomico<\/td>\n2<\/td>\n<\/tr>\n
Moelis & Company<\/td>\n2<\/td>\n<\/tr>\n
Morgan Stanley<\/td>\n2<\/td>\n<\/tr>\n
Coller Capital<\/td>\n2<\/td>\n<\/tr>\n
Pala Investments<\/td>\n2<\/td>\n<\/tr>\n
PIMCO<\/td>\n2<\/td>\n<\/tr>\n
ADC African Developement<\/td>\n2<\/td>\n<\/tr>\n
Corporation Itau Unibanco<\/td>\n2<\/td>\n<\/tr>\n
International Finance Corporation<\/td>\n2<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

-<\/span><\/p>\n

Are you applying to London Business School\u2019s MBA program? Please see our London Business School Zone<\/a> for more information on how Accepted.com can help you get accepted.<\/strong>
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