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Expert advice for LBS from Admissions Consultant blogs

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Expert advice for LBS from Admissions Consultant blogs [#permalink]

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New post 17 Jul 2017, 12:12
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London Business School, an internationally focused program in one of the most exciting cultural centers of Europe, has a diverse student body with 92% of its students coming from 69 countries of the world.
Application Deadlines:
 Round  1

Application deadline:              15 September 2017
Interview decision sent on:      5 October 2017

Interview period:                     Mid-October to early November 2017
Admission decision sent on:    22 November 2017

Round 2
Application deadline:              3 January 2018
Interview decision sent on:      1 February 2018

Interview period:                     Mid-February to early March 2018
Admission decision sent on:    27 March 2018

Round 3
Application deadline:              2 March 2018
Interview decision sent on:      5 April 2018

Interview period:                     Mid-April to early May 2018
Admission decision sent on:    22 May 2018

Round 4
Application deadline:              20 April 2018
Interview decision sent on:      10 May 2018

Interview period:                     Mid to end May 2018
Admission decision sent on:    19 June 2018

All application deadlines are 17:00 UK time. All Admissions Committee decisions are communicated via email and will be sent on the relevant deadline day by 23:30pm UK time.
Essays:
The essay questions remain unchanged from last year. The MBA applicants for the 2017-18 application season are required to write only one essay of 500 words. They also have an option to submit an optional essay.
Essay 1: What are your post-MBA goals and how will your prior experience and the London Business School programme contribute towards these? (500 words)
This is pretty straightforward Goals Essay question. You begin this essay with a statement about your post MBA career objectives. Explain what you plan to do after your MBA. Make sure your career objectives are both ambitious and realistic. Be as specific as you can about your goals and specify the industry, your role, and the companies that interest you.

In order to demonstrate how your professional experiences are aligned with these goals, provide a brief career history focusing on your career progression and the skills and knowledge you acquired at each job position. Also, discuss your rationale behind each career move and explain how your career so far has prepared you for your goals.

Then describe where you stand now, what skills you lack to fulfill your career aspirations, and how an MBA from LBS is aligned with your goals. This means that you have to provide a logical connection between your previous experience, your current need of an MBA degree from the LBS, and your future career goals. For this, you will need to do thorough research of the program so that you can draw out a link between specific resources/ offerings of the LBS and your career goals and interests. In addition, reach out to current students and alumni to gain their insights about the program and attend admission events to learn more about the school.

You may organize the essay in the following manner:
  • Your Short Term Goals (approximately 100-150 words)
  • Career history & accomplishments (approximately 100-150)
  • How LBS can help you fulfill your post MBA goals (approximately 200 words)

Even though the essay prompt doesn’t require you to discuss your contribution to the school, it still makes sense (if space permits) to wrap up your essay by briefly stating what value you will bring to the school.
Essay 2-Optional
Is there any other information you believe the Admissions Committee should know about you and your application to London Business School? (500 words)
This optional essay is a great opportunity to touch upon other key aspects of your candidacy that you didn’t get a chance to discuss in any other parts of the application i.e. essay, résumé, application form. Since you are provided fields in the online application to address any academic weaknesses, e.g. academic probation, class withdrawal, etc., you can use this essay to address other weaknesses in your application such as low GPA, low GMAT, employment gap, choice of recommenders or any other extenuating personal circumstances. You may also provide here more information about your accomplishments, leadership experiences, interests or significant voluntary experience. Please note the word ‘should’ in the essay prompt and use this essay to provide information that you think is relevant to your candidacy.

myEssayReview has helped many people get accepted into LBS.

You may email Poonam at myessayreview.com">poonam@myessayreview.com with questions about your LBS application.

Web /Blog/ Free resources/LinkedIn/Facebook/

This post was first published in myEssayReview  blog.

 

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New post 31 Jul 2017, 11:16
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The London Business School has posted the  following MBA application deadlines for the 2017-18 admissions season.
Round 1
Application due: September 15, 2017
Decision released: November 22, 2017
Round 2
Application due: January 3, 2018
Decision released: March 27, 2018
Round 3
Application due: March 2, 2018
Decision released: May 22, 2018
Round 4
Application due: April 20, 2018
Decision released: June 19, 2018

***

All application deadlines are 17:00 UK time. All Admissions Committee decisions are communicated via email and will be sent on the relevant deadline day by 23:30pm UK time.

For more information about applying, please visit the LBS admissions website.

 
***

If you are looking for guidance on your MBA application, Stacy Blackman Consulting can help with hourly and comprehensive consulting services. Contact us to learn more. Visit the website for Stacy Blackman Reviews, and check out the company’s e-publications for more in depth school-by-school guidance.

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New post 31 Jul 2017, 11:16
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The London Business School has published the following essay questions for the 2017-2018 admissions season.
Required Essay
What are your post-MBA goals and how will your prior experience and the London Business School programme contribute towards these? (500 words)
Optional Essay
Is there any other information you believe the Admissions Committee should know about you and your application to London Business School? (500 words)

***

The MBA 2020 application will open in early August. For additional information on applying, please visit the LBS admissions website.

 
***

If you are looking for guidance on your MBA application, Stacy Blackman Consulting can help with hourly and comprehensive consulting services. Contact us to learn more. Visit the website for Stacy Blackman Reviews, and check out the company’s e-publications for more in depth school-by-school guidance.

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New post 31 Aug 2017, 17:11
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The London Business School MBA class entering this August will have a transformational experience as the school introduces major updates to its full-time program.

According to an announcement made by LBS earlier this year, the new MBA will include flexible exit points at 15, 18 and 21 months, as well as the option for students to tailor their learning alongside core modules of the program. Students will now have a choice of summer work experience – paid internship, consulting placement or Entrepreneur Summer School – and a choice of more than 70 electives in year two.

The program has also added new locations to the Global Business Experiences (GBEs), including Lima and Tel Aviv. The GBE program gives students the opportunity to apply their academic learning in a real-life, global business environment.

Alongside the expansion of the global menu, students will have the opportunity to complete an extended group project in a key London sector. Business sectors will include: entertainment and leisure; technology, media and telecom; hospitality and tourism; healthcare, pharma and biotech; fashion, design and luxury; financial services; and the third sector.

The school’s new MBA format will also offer:
  • Tailored modules such as Digital Business and Entrepreneurship, where students can choose courses to fulfill credits alongside mandatory modules, allowing for more customized study
  • Option to shorten the length of International Exchange Programme
  • Choice of more than 70 electives in year two including new elective Interpersonal Dynamics
  • Additional languages including Italian and Japanese, in addition to the existing provision of French, Mandarin, German, Russian, Portuguese, Arabic and Spanish.

As Gareth Howells, Executive Director, MBA & MIF, Degree Education at LBS, noted, “Diversity is at the heart of what we do at London Business School. That’s why we’ve designed our MBA to be the world’s most flexible and accommodating programme, allowing students to tailor their experience to individual interests and career paths.”

For more information on applying, please visit the London Business School admissions website.
***

If you are looking for guidance on your MBA application, Stacy Blackman Consulting can help with hourly and comprehensive consulting services. Contact us to learn more. Visit the website for Stacy Blackman Reviews, and check out the company’s e-publications for more in depth school-by-school guidance.

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New post 31 Aug 2017, 17:12
ImageLondon Business School is a close-knit program with an international focus, set in one of the most exciting centers of culture in Europe. London Business School has student social clubs covering everything from board games to wine and spirits. The experience of living and studying in London is a formative part of LBS, and visiting the city and campus would be an excellent way to understand the benefits of the program.

If you can’t visit LBS before you apply, make sure you reach out to one of the many Student Ambassadors available to share their experiences and tell you more about the school. To learn more about the culture at London Business School, you can read the LBS admissions blog where admissions staff and students (and many who are both) share their thoughts about the school and programs.

This application is streamlined, with only two essay questions. In order to showcase all of your career accomplishments, extracurriculars and personal attributes you will likely need to maximize other parts of the application, like your resume and recommendations. Talk to your recommenders about the experiences in your background you might want to highlight through their letters, and use your resume to describe key moments at work.

REQUIRED ESSAY
What are your post-MBA goals and how will your prior experience and the London Business School programme contribute towards these? (500 words)

Self-awareness about your strengths and interests will help you refine what you truly want in your career. To take your research into your post-LBS options deeper it could be helpful to talk to colleagues and alumni who have MBAs in your field to identify various career paths. Make sure that your career goals are both realistic and aspirational. Think about the short term roles post-MBA that may lead to your most ambitious longer term goals.

Your past experiences have certainly informed your post-MBA plans, and touching on those most relevant will be helpful to setting the background for your current pursuit of an MBA. To make this essay more than a rehash of your resume, think about explaining the rationale for your decisions throughout the essay. Why did you pursue your past experience and what has been the impetus behind subsequent career choices? At this point, why are you choosing LBS?

As you speak with current LBS students and visit campus or other events, learn as much as you can about the programs, professors, and classes that may help you achieve your goals. What do you think you will learn at LBS and in your time in London that will lead to achievement of your career goals? The network you create during your MBA will open doors for you, and preparing for this essay can help you to make the most of the experience.

OPTIONAL ESSAY
Is there any other information you believe the Admissions Committee should know about you and your application to London Business School? (500 words)

In describing the LBS vision, continued business impact, the school describes the culture: “We challenge how things are done and we teach our students to constantly question and innovate. We believe in providing our students with the most diverse, world-class and rewarding business education in the world.” This open-ended question is a great opportunity to touch on a personal story and add color to your story to demonstrate how you will be part of this culture. This could be the ideal place to describe a unique background, experience or attribute that did not fit elsewhere in the application.

Diversity can be about where you are from, the culture you identify with, the people you grew up with, or your approach to life. If diversity of experience or attitude doesn’t resonate for you, consider when you have approached a challenge and innovated. When have you taken a new view or challenged conventional wisdom? Global perspective is invaluable as well. Think about stories that could illustrate how you have demonstrated any of these qualities that are valued by LBS.
***

If you are looking for guidance on your MBA application, Stacy Blackman Consulting can help with hourly and comprehensive consulting services. Contact us to learn more. Visit the website for Stacy Blackman Reviews, and check out the company’s e-publications for more in depth school-by-school guidance.

 

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New post 29 Sep 2017, 11:58
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This week, Forbes released its 10th biennial ranking of MBA programs, which are divided into three categories: top U.S. programs; top one-year, non-U.S. programs; and top two-year, non-U.S. programs.

As you’ve probably noticed by now, each major ranking has its own particular emphasis, and the Forbes ranking attempts to answer the question: is an MBA worth it?—based solely on the median returns on investment achieved by the graduates from the class of 2012.

“Our ranking of business schools is based on the return on investment achieved by the class of 2012. We examined more than 100 schools and reached out to 17,500 alumni around the globe. We compared graduates’ earnings in their first five years out of business school to their opportunity cost (two years of forgone compensation, tuition and required fees) to arrive at a five-year MBA gain, which is the basis for the final rank.”

University of Pennsylvania’s Wharton School unseated Stanford Graduate School of Business to top the ranking of US-based MBA programs for the first time ever, with a five-year MBA gain of $97,100 (Wharton ranked seventh in 2015). With Stanford GSB now in second, Harvard Business School came in third, Northwestern’s Kellogg School of Management and Dartmouth’s Tuck School of Business round out the top five.

IMD in Lausanne, Switzerland, takes the top spot this year among the one-year MBA programs, up one spot from 2015. The school had a five-year gain of $194,700. “IMD caps its annual enrollment at 90 students, allowing for a very individual approach regarding career services,” Forbes notes, adding that as many as 70 companies work with the school annually to recruit IMD grads.

INSEAD, which is ten times larger than IMD with a class size of 1,055 in 2017, ranks second among one-year programs. “With a five-year gain of $150,400, the payback period is a brisk 2.7 years thanks to salaries five years of school of nearly $190,000.”

Spain’s IE Business School moved up two spots in the rankings and now comes in third, based on its gain of $145,400. With an annual enrollment of 547 students, Forbes notes that IE is the second-biggest international MBA program behind INSEAD.

The Judge Business School at University of Cambridge ($140,000) and  Italy’s SDA Bocconi School of Management ($138,100) round out the top five one-year MBA programs.

For the fifth consecutive time, London Business School tops the list for two-year international MBA programs. “Alumni of its class of 2012 realized a 5-year gain of $119,100, the highest of any 2-year program in the world, and it took the typical graduate 3.4 years to pay back their investment,” Forbes explains, noting that, “In comparison, alumni of Wharton, the top-ranked MBA program in the U.S., saw a 5-year gain of $97,100 and took 3.8 years to pay back.”

Spain’s IESE Business School takes the second position, also for the fifth time in a row. “With a five-year gain of $97,100, up 15.5% compared to 2015, graduates of the Class of 2012 reported earning $156,140 in salary and bonus, the highest first year compensation among our ranked two-year international programs,” the rankings reveal.

The MBA program at China Europe International Business School (CEIBS) took the third position, with a five-year gain of $95,000, up 32% compared to 2015. ” The main contributing factor is the Class of 2012 reported having less work experience than prior surveyed classes, and as such, lower pre-MBA incomes,” Forbes explains.

Meanwhile, HEC Paris and Spain’s ESADE Business School round out the top-five non-US two-year MBA programs.

For more on this story, read the complete 2017 Forbes MBA rankings.
***

If you are looking for guidance on your MBA application, Stacy Blackman Consulting can help with hourly and comprehensive consulting services. Contact us to learn more. Visit the website for Stacy Blackman Reviews, and check out the company’s e-publications for more in depth school-by-school guidance.

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Re: Expert advice for LBS from Admissions Consultant blogs   [#permalink] 29 Sep 2017, 11:58
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