|
|
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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
xyeek
Joined: 18 Jul 2015
Last visit: 21 Aug 2020
Posts: 175
Given Kudos: 14
Location: New Zealand
Concentration: Strategy, International Business
Schools: Insead July'17 (WA) LBS '18 (M)
GMAT 1: 740 Q50 V40
GPA: 3.88
WE:Marketing (Consumer Packaged Goods)
Products:
21 Dec 2015, 03:15
Kudos
Bookmarks
Hi all,
I've been lucky enough to be admitted to both LBS and INSEAD and need help deciding which school to attend....really soon. I come from a marketing background and am looking to move to consulting in London, thereby changing country, job function and possibly industry unless I get into consulting for retail businesses. Ideally I'd like to work at Bain London post-MBA or Alvarez & Marsal.
I'm well aware that INSEAD is a consulting powerhouse which is why I applied there in the first place. However since I'm a career switcher switching everything and am a non-EU citizen (from NZ), I am not very keen on a 10 month program as I won't have the chance to do an internship.
My question is, does LBS perform just as well or better than INSEAD with placing people in consulting in London specifically? Bain seems to take in more INSEAD grads than from other schools but this figure doesn't break down the numbers per office location, so it may be that given the high global mobility of INSEAD grads, the majority could be in other offices.
Any insight on LBS vs INSEAD performance in consulting in London specifically would be great. Thanks
I've been lucky enough to be admitted to both LBS and INSEAD and need help deciding which school to attend....really soon. I come from a marketing background and am looking to move to consulting in London, thereby changing country, job function and possibly industry unless I get into consulting for retail businesses. Ideally I'd like to work at Bain London post-MBA or Alvarez & Marsal.
I'm well aware that INSEAD is a consulting powerhouse which is why I applied there in the first place. However since I'm a career switcher switching everything and am a non-EU citizen (from NZ), I am not very keen on a 10 month program as I won't have the chance to do an internship.
My question is, does LBS perform just as well or better than INSEAD with placing people in consulting in London specifically? Bain seems to take in more INSEAD grads than from other schools but this figure doesn't break down the numbers per office location, so it may be that given the high global mobility of INSEAD grads, the majority could be in other offices.
Any insight on LBS vs INSEAD performance in consulting in London specifically would be great. Thanks
Archived LBS Discussion
Hi there,
You've stumbled upon an old discussion from our LBS Forum
that's now outdated and has been archived. No more replies are possible here.
Interested in current discussions? Feel free to dive into our dedicated LBS Forum
for all fresh things related to the LBS MBA program.
Thank you for understanding, and happy exploring!
21 Dec 2015, 07:30
Kudos
Bookmarks
xyeek
Hi xyeek,
My humble opinion is that both are very strong among consulting firms, but is always a bit harder to get a consulting job in a country you are not originally from. They tend to use both your local expertise + MBA education. However, consulting firms do hire non locals in places like London in case of high demand. That's what I heard from LBS students and students from another UK MBA school.
In terms of numbers, the 2014 class had the following performance at securing consulting jobs:
LBS - 32%
INSEAD - 41%
If you are specifically aiming London, I would vote for LBS as you will be imersed in this city's business environment and it will be easier to convince your future employer that you understand it and will performe well on it.
Take a look at their employment statistics! It may help you decide!
Regards,
niddy
NYC471
Joined: 25 Feb 2014
Last visit: 26 May 2016
Posts: 45
Given Kudos: 2
Schools: LBS '18 (S) CBS '18 Kellogg '18 INSEAD Jan '17 Yale '18
GMAT 1: 730 Q49 V40
GPA: 3.35
WE:Consulting (Consulting)
Products:
21 Dec 2015, 13:45
Kudos
Bookmarks
2014 LBS and Insead employment report:
McKinsey
- LBS: 31
- Insead: 120 (52 sponsored, 68 not sponsored)
BCG
- LBS: 21
- Insead: 70 (27 sponsored, 43 not sponsored)
Bain
- LBS: 12
- Insead: 44 (15 sponsored, 29 not sponsored)
Total
- LBS: 31+21+12 = 64, or 16.24% of class of 394 (I thought their MBA2014 class was bigger but this is the number in the employment report)
- Insead: 120+70+44 = 234 (94 sponsored, 140 not sponsored), or 13.84% (not sponsored) of class of 1011
*We don't know how % of LBS's MBB number came from sponsored students.
After having talked to many alum, I've walked away realizing that top tier schools such as LBS and Insead will all have the resources, peers, and events that help you get the interview and prep for cases. How you perform on the cases is all about you. I honestly believe both school will help you get to strategy consulting if that is your goal. I've heard they also look at your GMAT - and you have a 740, so you're fine. If you are new to consulting, perhaps it's better to get the extended time to understand the consulting culture, work with LBS Impact Consulting club on a sample project, intern at a smaller strategy consulting firm like LEK or OC&C, or Google, corporate strategy, which will strengthen your profile for a full-time interview.
Also, my understanding is that for a global city like London, prior geographic experience isn't too big of an issue. However, if you're looking to do consulting in a regional market that requires language fluency, then it obviously matters. This is information I have gathered from alums, so it is probably relatively accurate. If you wanted to double check, go on Linkedin and filter LBS grads from 2013 to 2015, location London, firm, and check out each person's profile. Obviously the Linkedin profile won't tell you directly where they are from, but it's the best data you will get. Cheers!
McKinsey
- LBS: 31
- Insead: 120 (52 sponsored, 68 not sponsored)
BCG
- LBS: 21
- Insead: 70 (27 sponsored, 43 not sponsored)
Bain
- LBS: 12
- Insead: 44 (15 sponsored, 29 not sponsored)
Total
- LBS: 31+21+12 = 64, or 16.24% of class of 394 (I thought their MBA2014 class was bigger but this is the number in the employment report)
- Insead: 120+70+44 = 234 (94 sponsored, 140 not sponsored), or 13.84% (not sponsored) of class of 1011
*We don't know how % of LBS's MBB number came from sponsored students.
After having talked to many alum, I've walked away realizing that top tier schools such as LBS and Insead will all have the resources, peers, and events that help you get the interview and prep for cases. How you perform on the cases is all about you. I honestly believe both school will help you get to strategy consulting if that is your goal. I've heard they also look at your GMAT - and you have a 740, so you're fine. If you are new to consulting, perhaps it's better to get the extended time to understand the consulting culture, work with LBS Impact Consulting club on a sample project, intern at a smaller strategy consulting firm like LEK or OC&C, or Google, corporate strategy, which will strengthen your profile for a full-time interview.
Also, my understanding is that for a global city like London, prior geographic experience isn't too big of an issue. However, if you're looking to do consulting in a regional market that requires language fluency, then it obviously matters. This is information I have gathered from alums, so it is probably relatively accurate. If you wanted to double check, go on Linkedin and filter LBS grads from 2013 to 2015, location London, firm, and check out each person's profile. Obviously the Linkedin profile won't tell you directly where they are from, but it's the best data you will get. Cheers!
