I definitely think that the core academic curricumulum of the Masters in Management does not give a complete picture of all the learning possibilities that the school offers. I will try to give some examples of extracurricular activities in which current MiM students are involved:
- For those interested in consulting, the Socially Responsible Business conducts some pro bono consulting projects in which MiMs are much more than welcome to participate. Last week I was talking to one of my classmates who outlined me the project they are doing for a South African IT company. It seemed to me an amazing experience and I am sure that having this experience will give him a competitive advantage when applying for a job in consulting.
- For those interested in marketing/consulting, some MiMs are involved in several projects in which they try to help start-ups to draft a sensible business plan and improve their marketing strategy and operations. They are doing so in cooperation with other students from UCL, so aside from learning this projects are giving them the opportunity to network with real entrepreneurs and other students from the University of London network.
- Finally, for those interested in Finance, last Saturday we had to make a tough choice. We had to decide whether to attend a Leveraged Buy Out (LBO) modelling seminar organised by MBA students with prior experience in Private Equity or one of the Finance Club training seminars. As I had already been in the LBO modelling seminar (it was the second time it was conducted) I decided to sign up for a full-day course on advance valuation issues conducted by AMT training (and kindly subsidized by Credit Suisse). Although probably it is not the funniest way to spend a Saturday, it was an amazing learning opportunity and I am convinced it will help me in my future job in IBD.
These are some examples, but the opportunities to get involved in extracurricular activities (conferences, seminars, etc.) and gain deep knowledge in the area you are more interested in are literally endless. Maybe the most difficult thing is to decide when to actually start to study for the core courses final exams!!
Next week are the finals so maybe I should come back to study now… I will post again soon on how a typical MiM prepares for the exams.
INSIDE THE MARKSTRAT WORLD
When considering to apply for the MiM program, you may wonder how the educational experience will look like, especially if you studied business in your undergrad.
Of course, there are tons of theoretical learning intended to provide you with the basic tools you will need in your future business career. However, at London Business School there are plenty of opportunities to put your skills into practice and probably one of the more exciting (and time consuming) is playing Markstrat in the Marketing course.
Markstrat is a web-based simulator that intends to reproduce a virtual market with two products and 5 competing companies. Each study group forms a team that tries to outperform their competitors by devising and implementing a sound marketing strategy. Managing the overload of information and the tight time constraints is not easy, especially if you need to reach an agreement with the rest of your team!
This is a very valuable experience both in terms of marketing knowledge and soft teamwork skills. And although my team is not one of the best performers, I am enjoying the experience especially when it means postponing the preparation for our second term finals!!
In following posts I will try to explain other opportunities to engage in extracurricular activities (this time non-compulsory) that enrich our educational experience at London Business School