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Paul

Coming straight from the horse's mouth, your insight on MIF was very informative.

Thanks
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Hi rony, a career switch would be someone from industry moving into finance/banking or vice versa although the former is harder to achieve if you did not have any finance background or a degree from a reputed school. Thankfully, LBS has very good relations with the finance community and especially with European banks such as Barclays Capital or UBS.

Depending on what you mean by finance "specialist", I would rather describe this as a career "shift". Notice the nuance with what I previously mentioned given that you already have finance experience per se.

When it comes to leadership, I believe it plays less of a role in the MiF although it is clearly an aspect sought after at LBS as well. What I mean is that a strong GMAT score with good work experience would suffice whereas at schools such as HBS, leadership would be much more important for the MBA program. Don't mistake this opinion with that for the LBS MBA though which could require more leadership experience. The MiF for it's part will favor more finance work experience both in relevance and length.

Once again, keep in mind that this is a masters in finance program, not a JD program. You could perhaps get this kind of courses in those schools which do offer the MBA/JD program. As a matter of fact, I am scheduled to take the M&A class next spring so I could elaborate more then although I'm very positive in the fact that the legal documentation would not be part of the syllabus. I can always double check for that class since we do have access to the previous years' teachers' notes.
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Thks so much Paul
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Paul, how tough, if at all possible, is it to get any kind of financial support/loan from the school? (It's quite an issue in my case.)
Thanks!
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When it comes to scholarships, the most important ones are the Merrill Lynch one(£8k) and the Citigroup one(£10k but for women only). Both require you to write an essay on different topics and although the former one is based on merit only, the latter one is based on both need and merit.

Although this information might not concern you, I would like to advise all applicants who are from ex-Commonwealth countries to apply for the British Council Scholarship which I believe offers you up to £20k if not more. I failed to apply for it given my around the world trip prior to school but I also failed to apply because I was not told about it :( You might want to read about it here: https://www.britishcouncil.org/home

In general, scholarships are rather rare at LBS given the relatively small size of the school. LBS was founded in 1965 and its alumni network is still nascent. Hence, the scholarships given to attract candidates are rather rare - unless you get 760+ GMAT in which case you could likely get one such scholarship. My word of advice would be not to count on scholarships too much. Most of us here self finance our studies through different loan schemes anyways(ie HSBC loan scheme).
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Paul,

Very informative posts!!!! Thanks a lot..

Was wondering about the career shift.. I have been an engineer for the past 5-6 years............ If I want to move to Finance Field, I am assuming Full time is a better option than part time correct?

Does LBS like Engineering background when they consider ms in finance students?

Thanks!
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Many of my colleagues have an engineering background, mostly indians it is. It will be quite tough at first to deal with the new finance material all the while job hunting and networking but engineers are good with numbers so they should get through fine. Many of my engineer classmates are obviously very quant and end up taking financial engineering or time series classes. Those guys clearly make great structurers and exotic traders.

Finance is broad and it all depends on what you want to do after school. But this is just to let you know that your background does fit the candidate pool.
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Paul,

Your imput is really informative. I am a software Engineer for the last 10 years. I am a working mother & live in LA. I am very interested in Finance/Accounting/Economics. I am ready to give up my rather handsome salary for the career move.
I know, I need to get a degree. But, I do not not know what is a good education to move in that field. I do not want to do general MBA if it does not get me what I am looking for. I am only aware of UCLA. Do you know of any good schools here that offers the courses like LBS ? And, if LBS offers any long-distance courses ( though I would prefer school classes).

Your response will be highly appreciated !
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Hi todinesh, I would unfortunately not know about programs similar to that of LBS. I think you should ask this question to the "ask Hjort" forum. He has much more knowledge about programs all over the world. FYI, there is no distance learning program at LBS although there are evening classes.
An MBA from a top b-school is definitely a good way to break into the field of finance but indeed there is some preparation and soul searching to do before you can make the leap. Most programs at other schools are usually more theoretical financial economics or financial engineering courses and they do not compare to that of LBS which is more practical.
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