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LBS MIF vs UT Rotman MBA

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LBS MIF vs Rotman MBA

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New post 12 May 2018, 14:27
Hi All,

I am from Western Canada with 4 years WE in Mutual Fund Operations in global asset management firm. I recently got admitted by LBS MIF and Rotman MBA. Can I please gather your opinions between these two :-)

I would like to move to front office roles in finance industry, such as IB/PE/VC/AM. I don't mind where to work. But I have PR status so I may need to come back to Canada eventually to get citizenship and then I can work anywhere if there are good opportunties. What I am struggling now is that I think LBS is more globally recognized than Rotman. However, MBA has better reputation than Finance Masters, although MIF of LBS is ranked 1st place with QS and FT.

Really appreciate if anyone can shed some lights!

Thanks!
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LBS MIF vs UT Rotman MBA  [#permalink]

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New post Updated on: 30 May 2018, 05:36
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viviatan wrote:
Hi All,

I am from Western Canada with 4 years WE in Mutual Fund Operations in global asset management firm. I recently got admitted by LBS MIF and Rotman MBA. Can I please gather your opinions between these two :-)

I would like to move to front office roles in finance industry, such as IB/PE/VC/AM. I don't mind where to work. But I have PR status so I may need to come back to Canada eventually to get citizenship and then I can work anywhere if there are good opportunties. What I am struggling now is that I think LBS is more globally recognized than Rotman. However, MBA has better reputation than Finance Masters, although MIF of LBS is ranked 1st place with QS and FT.

Really appreciate if anyone can shed some lights!

Thanks!



Hi viviatan

First of all congratulations on being admitted to such great schools !

Of course that LBS is ranked number 1 on FT it is best UK school and FT and Economist are UK newspaper/magazine :)
They are both traditionally biased toward UK and EU schools versus North American, US or Canadian.

In general, today Business schools and recruiters view masters in finance (MIF) degree holders slightly differently than those with a MBA.
While some outsiders think of the MIF as a viable alternative to the MBA, graduates of each program typically go on to have quite different career profiles.

Upon graduation, recruiters seek MIF graduates for finance roles within a corporate finance function or in an investment bank, whereas MBA's are hired into general management or executive positions.
For instance, most administrators and faculty at US business schools see these degrees as distinct. There is some slight overlap in hiring, but it is rather rare.

In comparison, traditional MIF programs concentrate on the theory and practice of finance, and graduates might find themselves working in financial consulting or investment banking, also the domain of MBAs. However, the coursework of MBA and MIF students is quite different.

MBAs try to develop their soft skills, such as communication, while at school. They also focus on leadership and creating a vision for departments and companies. While they are expected to learn the basics of finance, they do not normally experience as quant-heavy a curriculum as those in MIF programs, that is more suitable for your job aspirations. As a result, companies usually hire MBA and MIF grads for different positions.

However, I can see that Rotman MBA has few interesting majors for you, such as : Risk Management and Financial Engineering, Financial Reporting and Analysis, Funds Management, Real Estate and Investment Banking, which is a game changer.
There is also a a 4-month internship, that is going to be useful for your future employment.


London is de facto world’s financial district and you would benefit from that a lot in terms of networking and jobs prospective. I went through integrated core modules and electives at LBS and that is not significantly different compared to Rotman MBA options with Finance specialization majors.

Bottom line, yes LBS is slightly more recognized internationally, however you need to decide what is most important to you at the moment and where you would like to work and live in future ?

If Canadian citizenship is important to you ( as it should be) you should go with Rotman MBA path, since Rotman is the best it can be in Canada and Toronto is awesome, also financial capital of Canada.

If you want to work abroad and want different cultural/life experience, studying at London at LBS will be great starting point.

If you want to work in US afterwards I think both will suit you well.

For working in Asia and EU, LBS is in advantage as more recognizable and respected, that doesn't mean it is better in terms of experience you will have there living/studying, just better branded school.

Hope this will help you to decide, but dont worry you will be just fine whatever you choose, since both are great schools !
Good luck !
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Originally posted by billionaire on 30 May 2018, 03:55.
Last edited by billionaire on 30 May 2018, 05:36, edited 1 time in total.
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New post 30 May 2018, 05:31
billionaire Thanks so much for your super detailed answer! This really gives me some clear directions!
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LBS MIF vs UT Rotman MBA  [#permalink]

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New post Updated on: 31 May 2018, 23:52
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viviatan wrote:
billionaire Thanks so much for your super detailed answer! This really gives me some clear directions!


Hi viviatan

I am glad I was of use to you, so you can make wise choice regarding your future and your career.

I am guessing that you are leaning toward Rotman MBA, because of additional gain of citizenship in your specific case.
If that is the choice what major would you choose ?

Which is great with Rotman MBA is that later upon graduation you can pursue general MBA menagement route and financial one, since you will cover that with specialization electives, that in the end will give you very similar background as MIF would.
Furthermore, you mention what job positions are your prime target and thats okay, just with MBA option you get possibly more to choose afterwards, and we all tend to change or fine tune our opinions and desires through time, so stay open-minded.

On the other hand, you cannot go wrong with LBS MIF and that would especially be recommended for landing later job at Asian or European market. Just in process of studying there you would not be able to obtain Canadian citizenship, which is benefit for life.

Of course there would be some other options to secure citizenship later but they would be maybe more complicated, less easy and probably for longer waiting period.

It comes to this, how much does citizenship worth to you, versus doing LBS MIF ? (of course Rotman MBA has other advantages also)
Where would you like to work and live later, you must have some preference ?

Based on those two questtions you should be able to get your answer.

Good news is that you cannot be much wrong whatever you choose, just slightly more right toward your particular needs :)
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Originally posted by billionaire on 31 May 2018, 15:07.
Last edited by billionaire on 31 May 2018, 23:52, edited 1 time in total.
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Re: LBS MIF vs UT Rotman MBA  [#permalink]

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New post 31 May 2018, 22:40
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Firstly if The Economist was biased towards european schools then it wouldn't have placed 'all american' schools in its top ten B school list.
Secondly LBS is layers above Rotman in terms of reputation globally. Not many know about Rotman. And this is not even debatable.
Having said that Rotman is known for finance and if you wish to work in Canada and are dead set on it then go for it. Otherwise LBS is leagues above in terms of international opportunities and recognition.

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Re: LBS MIF vs UT Rotman MBA  [#permalink]

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New post 01 Jun 2018, 04:59
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Maupassant9 wrote:
Firstly if The Economist was biased towards european schools then it wouldn't have placed 'all american' schools in its top ten B school list.
Secondly LBS is layers above Rotman in terms of reputation globally. Not many know about Rotman. And this is not even debatable.
Having said that Rotman is known for finance and if you wish to work in Canada and are dead set on it then go for it. Otherwise LBS is leagues above in terms of international opportunities and recognition.

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Hi Maupassant9

Dont you think there is good reason, that there is all American in top 10 (this year) ? :)

Secondly, I have follow their (Economist, FT) rankings for many years, so I do know what I am talking about. In general they favor first UK schools, then European, then Asian versus American, so you would see all the time them ranked higher versus in other esteemed rankings, like US News, Bloomberg, Forbes etc.

Of course we can argue that American magazines favor their schools, also.

But lets see some of their bias. On Economist list there are The University of Queensland, University of Navarra, University of Warwick before Sloan MIT MBA ??

Good luck finding anyone here on GMAT Club who would pass on MIT MBA to go to those universities. :) I mean seriously :)

I can see you are only interested in American schools ? For a good reason again :)

I wouldn't say it easier to get admitted to Duke, even maybe Kenan-Flagler and Vanderbilt before LBS, so why LBS are not on your list ?

The answer is that rankings are not all there is, there are also personal preferences that spread in many categories and aspects.

Most importantly, here we are not talking to MBA to MBA comparison, it is Rotman MBA to LBS MIF.

Here on GMAT Club you will find that in applicants opinion LBS is placed on 18. place versus 20. for Rotman (again this is MBA to MBA comparison) and only Ivy league Cornell between them on 19. place.

That tells something don't you think ?

Rotman is the best there could be in Canada. Sauder UBC is second.

In US everybody knows Rotman and University of Toronto.

Of course in Europe and Asia, LBS is better known and branded.

Good luck Maupassant9 I wish you to be admitted to all schools on your list (it is a great list) ! Especially Duke :)

Bellow you will find Economist tool comparison of Duke vs. LBS vs. Kenan-Flagler vs. Vanderbilt, for your reference (and to prove my point :) )

Of course I will repeat once again, viviatan cannot go wrong with LBS MIF, it is great branded school, great program, great city, just question is where he has slightly more to gain depending on his specific circumstances ?

It is for him to answer.
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New post 02 Jun 2018, 05:59
Point conceded.:)

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New post 02 Jun 2018, 16:55
Hi billionaire, it may surprise you but I actually lean more towards LBS as I do want to experience studying and working in London and I can come back to Canada after that anyway :) I understand that Rotman MBA has a lot of great Finance and general management courses, but by following my heart, I still want to go to London. I will do think about do a MBA to learn other area instead of Finance thereafter...who knows... Thanks a lot for your inputs!
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New post 02 Jun 2018, 17:14
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Hi Maupassant9 Thanks so much for your sharing your opinion! Actually, I was thinking that LBS is not well known in North America, especially compared with LSE and Rotman, and that's what I was worried about and struggling before. But I talked to different people around and find it is not bad, so I lean toward LBS now for the main reason that I want to study and work in London.

But Rotman is definitely a great school too, best in Canada, great for Finance, and respected in North America. To be honest, this is the most difficult decision I have made during my life!
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New post 03 Jun 2018, 17:20
viviatan wrote:
Hi billionaire, it may surprise you but I actually lean more towards LBS as I do want to experience studying and working in London and I can come back to Canada after that anyway :) I understand that Rotman MBA has a lot of great Finance and general management courses, but by following my heart, I still want to go to London. I will do think about do a MBA to learn other area instead of Finance thereafter...who knows... Thanks a lot for your inputs!



Hi viviatan

Great, follow your heart and gut and go to London.

Internal voice is never wrong.

You will have great experience studying and living there and certainly be in excellent position to land job in London upon graduation.

Don't worry LSE is certainly not better school than LBS just older institution with more theoretical and social science focus vs. LBS is more modern, practical business school, whose curriculum is mainly focused on real-life case studies and the development of leadership skills, both on post-graduate and on executive education levels.

According to various rankings, LBS is constantly one of the top 3 business schools in Europe.

I myself would choose LBS over LSE every day of the week :)

Moreover, LSE would be probably more suitable for someone who wants to work in academia after graduation vs. LBS that is perfect for corporate/business market job prospective, so that is also your advantage.

Pack your things and go to London.

Bring umbrella :)
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New post 04 Jun 2018, 23:19
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Hi billionaire , your answer dispels my last misgivings :)

I am now well ready to head to London!
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Re: LBS MIF vs UT Rotman MBA  [#permalink]

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New post 22 Jun 2018, 04:18
viviatan wrote:
Hi All,

I am from Western Canada with 4 years WE in Mutual Fund Operations in global asset management firm. I recently got admitted by LBS MIF and Rotman MBA. Can I please gather your opinions between these two :-)

I would like to move to front office roles in finance industry, such as IB/PE/VC/AM. I don't mind where to work. But I have PR status so I may need to come back to Canada eventually to get citizenship and then I can work anywhere if there are good opportunties. What I am struggling now is that I think LBS is more globally recognized than Rotman. However, MBA has better reputation than Finance Masters, although MIF of LBS is ranked 1st place with QS and FT.

Really appreciate if anyone can shed some lights!

Thanks!


When it comes to Finance LBS is among the best Europe has to offer. Also due to location I would prefer London over Toronto (much stronger financial sector in London when it comes to jobs afterwards and internships)
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Re: LBS MIF vs UT Rotman MBA &nbs [#permalink] 22 Jun 2018, 04:18
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