Question(s) on MiF @ LBS!!

Question

Hi, 
I was trying to apply for MiF at LBS for Sep 2007 admission. They have a process where you send your CV to admission officer and they comment on your eligibility. I was replied with the email which I pasted below.
I wonder, what this email really mean. Does this mean that I do not have a chance in full time MiF? What is the chance of admission to part time MiF? I did not think about part time MiF, although it would fit some of my plans.
Any comments would really be appreciated.
Thanks

Borya



Hi


On the basis of your CV I would encourage you to apply to our part-time Masters in Finance (MiF). 

 
For full Programme details, including admissions information and deadlines, and to apply on-line please go to  

 
 

If you have any questions at any stage, please do not hesitate to contact me.

 
Best regards

 

............. ...................

Admissions Officer, Masters in Finance

London Business School

Paul · Answer

From what I know, I believe that they recommended you to apply for the part time program because:
1- You have very career specific experience which could be leveraged while you are still employed. Something you might want to consider.
2- You are London based so this would make #1 possible

This however seems to be at odds with the number of years of experience which you have, which already is much lower than the average for the full time MiF. If you are ready to commit for a year on a full time basis, go ahead for the full time program. I don't believe this email would give prejudice to your decision. Furthermore, if your GMAT score is within the school range for the full time program, you should have no problem for so doing.

seofah · Answer

Paul, thx for an answer.

Do you mind to tell us what was your pre-MiF and post-MiF career?
I would like to apply for a full time program because I want to really focus to make most out of my time at LBS. Do you think in my personal statement I need to mention the recommended path and why I think I am a better fit for full time? 
I guess one of the things I need to address in my personal statement is why I think it is a good time to do MiF after 2 years of (limited) experience. Although I understand that a couple of years of more experience would help, I feel I want to do something I am passionate about, i.e equity side of the business. What do you think would they(admission) care about in this situation?

again, thk you very much for your input!

Paul · Answer

Prior to the MiF, I was doing some trading and retail/commercial investments. I am currently doing securitization.

You can certainly address the two issues at hand:
- why FT rather than recommended PT?
- why should we take you while many others have much more experience?

A friend of mine got in with only 2 years experience also so I do not think it is a problem if you can justify your young age and emulate your passion for finance. There is no specific profile one has to fit. I believe that something which might help your below average work exp. is a high GMAT and good extra curricular, including good essays. On a more encouraging note, I must say that the nature of your work experience is fairly good.

seofah · Answer

Paul, thanks for your input addressing my questions..

In the essay part of the MiF application, there is a question which sounds like "Why do you want to study for a specialist Masters in Finance programme as opposed to a more general masters degree?" .
What do they really mean by "general masters degree"? MBA? or less vocal finance degrees?
What reasons do students usually show?

again, thank you very much in advance!

Borya.

Paul · Answer

Just mention your passion for finance and why you want to work in finance post MiF. Whatever you did in the past which might help justify you get this as opposed to an MBA, say it.

neon78 · Answer

Hi, I was just curious whether someone knows the ratio of interviewed vs admitted applicants for the MiF programme at LBS? I was interviewed last week, and although the alumnus said I was a good fit, I am just nervous as really want to get in.

Thank you.

Paul · Answer

I asked the same question after my interview but I don't believe LBS discloses this... Unless there was anything really wrong with your interview, the decision would be based on your application package. You should hear from them by friday I think. Good luck.

neon78 · Answer

I hope I get in. I think I have a good overall profile: GMAT 680, MBA GPA 3.7, BS GPA 3.7, 3 years financial international exp, CFA, and a clear goal where I want to be after the programme, some other activities. I really want to move to London and work there.

seofah · Answer

neon, your profile looks like typical MiF candidate, even your GMAT score!

During their Open day I asked how many application they received (l guess for last year). Adcom said 600 applications for 140 places. But, obviously you would expect high quality of applicant pool , as you have to go through initial eligibility screening. 

I am making effort to apply (and take GMAT) by deadline, 3 May.

How was your interview? Relax? Intimidating?

Good luck with interview results!

neon78 · Answer

It was a relaxed one, approx 1.2 hrs, the interviewer was a very nice person, and we had a good discussion.

neon78 · Answer

Paul was right, just received an e-mail for being admitted!

seofah · Answer

oy yoy yoy!!! Congratulations with an offer!

neon78 · Answer

Thank you.

Legend · Answer

Do MiF students participate in the same career fair as MBA students given they take the same Fin electives?

Paul · Answer

Yes but no internship option given the 1 year program.

Question(s) on MiF @ LBS!!

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