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INSEAD vs. LBS

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LBS vs. INSEAD in my case?

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Intern
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Joined: 31 Oct 2019
Posts: 6
INSEAD vs. LBS  [#permalink]

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New post 18 Mar 2020, 12:29
2
Hi all,

I received offers from INSEAD and Cambridge and expect an offer from LBS. However, I can't make my mind whether I should join LBS or INSEAD.

Background:
German Strategy Consultant (4 YOE) with focus on IT Strategy
Bachelor and Master in IT
Experience with Software companies and IT providers (mostly banking)

Goal:
Senior Executive (IT) e.g. CIO of tech or fintech company
Location wise long long term in Germany, until then anything is possible (US, Zurich, London, Dublin etc.)

Which one would you choose and why?
MBA Admissions Consultant
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Status: MBA Admissions Consultant
Affiliations: MBA Prep Coach
Joined: 24 Mar 2015
Posts: 2850
Location: United States (CA)
Farrell D Hehn: MBA
Re: INSEAD vs. LBS  [#permalink]

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New post 19 Mar 2020, 06:28
2
My vote is for LBS.

- better connections re: IT and entrepreneurship
- entrepreneurship summer school instead of or in addition to an internship
- customizeable program length
- the cities you mention leading up to Germany. INSEAD also works but if you are in the UK, alumni factor.
- big one, the fact that you have worked mainly in banking and LBS has more gravitasse in that sector than INSEAD

Sandstrategy wrote:
Hi all,

I received offers from INSEAD and Cambridge and expect an offer from LBS. However, I can't make my mind whether I should join LBS or INSEAD.

Background:
German Strategy Consultant (4 YOE) with focus on IT Strategy
Bachelor and Master in IT
Experience with Software companies and IT providers (mostly banking)

Goal:
Senior Executive (IT) e.g. CIO of tech or fintech company
Location wise long long term in Germany, until then anything is possible (US, Zurich, London, Dublin etc.)

Which one would you choose and why?

_________________
I get applicants into elite MBA programs. What has made me successful is the combination of my coaching, marketing and editing skills. I'm life coach - where the client's desire for a top MBA is the catalyst for their transformation.
Verified reviews posted on https://MBAPrepCoach.com
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Joined: 12 Nov 2018
Posts: 26
Location: Philippines
Concentration: Strategy, Entrepreneurship
GMAT 1: 660 Q45 V35
GMAT 2: 720 Q47 V41
GPA: 3.1
WE: Consulting (Energy and Utilities)
Reviews Badge
Re: INSEAD vs. LBS  [#permalink]

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New post 19 Mar 2020, 08:09
1
1
Sandstrategy wrote:
Hi all,

I received offers from INSEAD and Cambridge and expect an offer from LBS. However, I can't make my mind whether I should join LBS or INSEAD.

Background:
German Strategy Consultant (4 YOE) with focus on IT Strategy
Bachelor and Master in IT
Experience with Software companies and IT providers (mostly banking)

Goal:
Senior Executive (IT) e.g. CIO of tech or fintech company
Location wise long long term in Germany, until then anything is possible (US, Zurich, London, Dublin etc.)

Which one would you choose and why?



Congratulations! I think LBS is better for your goal. Here is the framework that I used. I just pulled some numbers from the employment reports of LBS (2019) and INSEAD (2018).


1. Tech Placements

All Tech Placements:
INSEAD: 17%
LBS: 20%

Net Tech Placements:
INSEAD: 8%
LBS: 17%

Remarks:
-net tech placement = all tech placement - % tech pre-MBA
-37% of LBS internships are in the Tech sector (8% in fintech).
-INSEAD tech sector includes: E-Commerce / Internet / Media / Entertainment & Advertising, Information Technology / Telecommunication; Media+Entertainment+Advertising is 7% of the tech sector


2. Target Location

All Europe Placements:
INSEAD: 50%
LBS: 67% (53% in UK)

Net Europe Placements*:
INSEAD: 12%
LBS: 32% (42% for UK)

*Remarks:
-These placements data are for all sectors.
-net Europe placement = all Europe placement - % European in class


3. Financial Returns

INSEAD tech salaries
lowest: 61k USD
median: 104k USD

LBS tech salaries
lowest: 39k USD
mean: 97k USD

Remarks:
-These salaries are for tech placements in Western Europe.



I also used the same framework in selecting the schools that I applied to. I actually just submitted my applications to both LBS and INSEAD.

Congratulations again!
MBA Admissions Consultant
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Status: MBA Admissions Consultant
Affiliations: MBA Prep Coach
Joined: 24 Mar 2015
Posts: 2850
Location: United States (CA)
Farrell D Hehn: MBA
Re: INSEAD vs. LBS  [#permalink]

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New post 19 Mar 2020, 08:17
1
Great job on the analysis bucoloco. This is very helpful info. I am wondering about your thoughts re: better average salary for INSEAD in tech. Was the difference offset by other factors? would you attribute that to the "net-IT" factor - as explained in your note? it does concern me a bit because INSEAD sends grads into areas with a very low cost of living, maybe more so than LBS.

bucoloco wrote:
Sandstrategy wrote:
Hi all,

I received offers from INSEAD and Cambridge and expect an offer from LBS. However, I can't make my mind whether I should join LBS or INSEAD.

Background:
German Strategy Consultant (4 YOE) with focus on IT Strategy
Bachelor and Master in IT
Experience with Software companies and IT providers (mostly banking)

Goal:
Senior Executive (IT) e.g. CIO of tech or fintech company
Location wise long long term in Germany, until then anything is possible (US, Zurich, London, Dublin etc.)

Which one would you choose and why?



Congratulations! I think LBS is better for your goal. Here is the framework that I used. I just pulled some numbers from the employment reports of LBS (2019) and INSEAD (2018).


1. Tech Placements

All Tech Placements:
INSEAD: 17%
LBS: 20%

Net Tech Placements:
INSEAD: 8%
LBS: 17%

Remarks:
-net tech placement = all tech placement - % tech pre-MBA
-37% of LBS internships are in the Tech sector (8% in fintech).
-INSEAD tech sector includes: E-Commerce / Internet / Media / Entertainment & Advertising, Information Technology / Telecommunication; Media+Entertainment+Advertising is 7% of the tech sector


2. Target Location

All Europe Placements:
INSEAD: 50%
LBS: 67% (53% in UK)

Net Europe Placements*:
INSEAD: 12%
LBS: 32% (42% for UK)

*Remarks:
-These placements data are for all sectors.
-net Europe placement = all Europe placement - % European in class


3. Financial Returns

INSEAD tech salaries
lowest: 61k USD
median: 104k USD

LBS tech salaries
lowest: 39k USD
mean: 97k USD

Remarks:
-These salaries are for tech placements in Western Europe.



I also used the same framework in selecting the schools that I applied to. I actually just submitted my applications to both LBS and INSEAD.

Congratulations again!

_________________
I get applicants into elite MBA programs. What has made me successful is the combination of my coaching, marketing and editing skills. I'm life coach - where the client's desire for a top MBA is the catalyst for their transformation.
Verified reviews posted on https://MBAPrepCoach.com
Intern
Intern
User avatar
B
Joined: 12 Nov 2018
Posts: 26
Location: Philippines
Concentration: Strategy, Entrepreneurship
GMAT 1: 660 Q45 V35
GMAT 2: 720 Q47 V41
GPA: 3.1
WE: Consulting (Energy and Utilities)
Reviews Badge
Re: INSEAD vs. LBS  [#permalink]

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New post 19 Mar 2020, 09:20
MBAPrepCoach wrote:
Great job on the analysis bucoloco. This is very helpful info. I am wondering about your thoughts re: better average salary for INSEAD in tech. Was the difference offset by other factors? would you attribute that to the "net-IT" factor - as explained in your note? it does concern me a bit because INSEAD sends grads into areas with a very low cost of living, maybe more so than LBS.

bucoloco wrote:
Sandstrategy wrote:
Hi all,

I received offers from INSEAD and Cambridge and expect an offer from LBS. However, I can't make my mind whether I should join LBS or INSEAD.

Background:
German Strategy Consultant (4 YOE) with focus on IT Strategy
Bachelor and Master in IT
Experience with Software companies and IT providers (mostly banking)

Goal:
Senior Executive (IT) e.g. CIO of tech or fintech company
Location wise long long term in Germany, until then anything is possible (US, Zurich, London, Dublin etc.)

Which one would you choose and why?



Congratulations! I think LBS is better for your goal. Here is the framework that I used. I just pulled some numbers from the employment reports of LBS (2019) and INSEAD (2018).


1. Tech Placements

All Tech Placements:
INSEAD: 17%
LBS: 20%

Net Tech Placements:
INSEAD: 8%
LBS: 17%

Remarks:
-net tech placement = all tech placement - % tech pre-MBA
-37% of LBS internships are in the Tech sector (8% in fintech).
-INSEAD tech sector includes: E-Commerce / Internet / Media / Entertainment & Advertising, Information Technology / Telecommunication; Media+Entertainment+Advertising is 7% of the tech sector


2. Target Location

All Europe Placements:
INSEAD: 50%
LBS: 67% (53% in UK)

Net Europe Placements*:
INSEAD: 12%
LBS: 32% (42% for UK)

*Remarks:
-These placements data are for all sectors.
-net Europe placement = all Europe placement - % European in class


3. Financial Returns

INSEAD tech salaries
lowest: 61k USD
median: 104k USD

LBS tech salaries
lowest: 39k USD
mean: 97k USD

Remarks:
-These salaries are for tech placements in Western Europe.



I also used the same framework in selecting the schools that I applied to. I actually just submitted my applications to both LBS and INSEAD.

Congratulations again!



Hi Farrell. These tech salaries are specifically for placements in Western Europe. I'm not sure if the "net-IT factor" has a significant effect on the salary difference. Another possible reason is the change in the exchange rate for GBP. I used the figures from the 2019 employment report of LBS and the 2018 employment report of INSEAD, and there was a significant change in the exchange rate of GBP during 2018-2019 (majority of LBS placements have salaries in GBP).
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Joined: 26 Nov 2015
Posts: 6
Location: United Kingdom
Schools: LBS '19 (A$)
INSEAD vs. LBS  [#permalink]

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New post 02 Apr 2020, 08:44
Sandstrategy wrote:
Hi all,

I received offers from INSEAD and Cambridge and expect an offer from LBS. However, I can't make my mind whether I should join LBS or INSEAD.

Background:
German Strategy Consultant (4 YOE) with focus on IT Strategy
Bachelor and Master in IT
Experience with Software companies and IT providers (mostly banking)

Goal:
Senior Executive (IT) e.g. CIO of tech or fintech company
Location wise long long term in Germany, until then anything is possible (US, Zurich, London, Dublin etc.)

Which one would you choose and why?


I'll go with LBS unless you are only keen for a 1 year program. Though LBS has a 15 months program in case time to graduate is a concern.

Reasons:
1. London London London!!! I can't emphasise enough. London is a great place for tech right now, especially FinTech. In every career fair at LBS there are multiple tech startups who are all looking to hire MBA graduates for part time and full time roles.
2. LBS's network in tech in EU is very strong. A big portion of the class ends up in tech and most of them within EU. There is a big network of tech professionals in Germany as well. Being part of such a strong network will help with your career goals.

Feel free to reach out if you have any other specific questions.

Cheers,
Sumit (LBS '20 || Easy MBA Admit community)
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We, current students and alumni from tier 1 business schools, started Easy MBA Admit- An Admissions Consulting service for the people, by the people. All services are at a very reasonable price because we are not here to make money but to help future students motivated by goodwill. We got the help when we wanted it, now it's our time to give back.

The services start as low as $100 (mostly to cover operational expenses). All services offered by recent alumni/current students from Tier 1 B Schools such as INSEAD, LBS, CBS, Kellogg, Stern, IESE, Wharton, etc. who were in your shoes not too long ago and hence know how to best position your application.

Feel free to reach out or schedule a Free Intro Call.

Wishing you all the best with your applications!
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Re: INSEAD vs. LBS  [#permalink]

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New post 30 Apr 2020, 09:24
Clear vote for INSEAD. INSEAD is just the much more interesting and international program with exposure to the whole world. Only reason from my perspective to go to LBS is if you are looking for a Finance career.
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Re: INSEAD vs. LBS   [#permalink] 30 Apr 2020, 09:24

INSEAD vs. LBS

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