Following Tom’s post, I have had a few emails from admits asking about the careers services for the MiM programme. I would like to share my views here.
It would be hard to segregate just the career office as the only one portion of the entire LBS experience. They are all inter-linked e.g. study group, access to MBA, classes, and have extra values together.
1) Careers service
- small group CV and cover letter review by industry experts
- Crack-a-Case sessions for consulting case study preparation – run by Consulting Club
- industry fairs e.g. Spring Industry Fair
- Career visits e.g. from AT Kearney, Diamond Consulting, BlackRock, Houlihan Lokey, visits to HSBC, Nomura, London Stock Exchange, L’Oreal from career week
- Your CV would be included in the CV book to be shown to headhunters. I have had calls from L’Oreal and RBS purely from CV book.
- exposure to entrepreneurship initiatives – e.g. Social Enterprise talks, Enterpreneurship Conference, both of our MiM classmates who entered the UCL Enterpreneurship Challenge got top awards
- exposure to industry conferences e.g. private equity conference, Asia Business Forum, Real Estate Conference
- Guest lectures from industry experts organized by school clubs e.g. Coca-Cola marketing series, Jaegar Le Coultre, Louis Vuitton (Retail & Luxury Goods), banking training (through careers services as well as Finance Club)
- opportunity to take part in Stock Pitch Competition organized by the Investment Management Club – Zong, our classmate, became the youngest winner of this school competition this term.
- less campus visits compared to my undergrad, but may not very valuable as recruiters may not necessarily remember you. For the companies that we did visit, we have a higher number of students (approx 50% applicants) getting through for first round interviews e.g. Houlihan Lokey, AT Kearney.
- Not all employers are aware about the MiM program, but this should increase next year as our class has tried so hard reaching out to people. For consulting, we have got 3 McKinsites, 1 to Bain, 2 to BCG in a class of 100 people. It’s rare to find that high proportion in normal undergrads/ master recruits.
- some events are only catered for MBAs. That’s because employers have specifically asked for MBA recruits not MiMs. It may create a wrong impression to ask the wrong questions at these events.
2) The rest of the LBS experience
Exclusively postgraduate environment
- You could get an MBA mentor based on your career preferences. He /she could be the VP or associate from a top firm, and having 10 minutes of their time to tell you about the interviews would be invaluable. You could contact alumni who have worked at these firms, or just talk to other MBA students. Most graduates don’t get that.
- from my internship experience, I’d say study group is a similar environment to real-life work. You’d do a lot of projects as a team, motivating one another and making compromises. It prepares you for a teamwork environment in your career.
- Even for business undergrads, courses add value as they may point out some psychological mistakes that senior management made during decision making process e.g. confirmation bias, escalating commitment, which would hopefully remind you not to repeat the mistakes in your career.
Finally, the best takeaway is definitely the people at school. They would go through the job hunting process with you, practice interviews with you and criticize your cover letters. It also gives you a network of friends if you decide to work in London.
Most people had career services at undergrad but not all got their preferred careers immediately out of school. I hope you agree that careers service helps to increase your visibility to recruiters, but it still takes a lot more than just an entry ticket to get a job offer.
I wrote with excitement for this post….our classmate Zong has just become the youngest winner of the Stock Pitch Contest of the Investment Management Club at school this evening, surpassing even the MBAs and EMBAs contestants. Congratulations!
All five contestants had 5 minutes each to present their stock to a panel of judges including representatives from Orbis Investments, Fidelity International and Wellington. I was amazed by Zong's clear presentation skills as his analytical skills to understand the potential, strengths and risks of the stock Rexam, the manufacturer of soft drinks cans.
One of my favourite questions asked by the panel was "What did you see in the stock that the market hasn't?"
Zong went "Actually I have prepared a slide for this." and pressed enter to show an extra slide with the title "What the market has failed to notice"
Even managed to pre-empt the questions of the panel. Sleek.
Ask me who my favourite brand is, and the instant answer is "Virgin Atlantic!, and my frequent flyer membership number is xxxxx". It's been the same airline that I've flown with since studying in the U.K. six years ago (ok, except for the few times when I flew with Air New Zealand when Virgin flights were full, but Air NZ is also a partner of Virgin).
I was thrilled to work on the project for Virgin Galactic, and that the CEO of Virgin Galactic would come on campus to give us a lecture in 3 week's time. The idea of space tourism is to transport passengers in a spaceship to the atmosphere (suborbital flight) or to space (orbital flight). There are a handful of players already emerging, but only 7 people have gone to the orbital flight.
We could analyze the space tourism industry in various aspects such as market analysis, investor perspective, consultant perspective and policy perspective. For a relatively new industry with a sophisticated technology, it is going to be an adventurous ride!
As our team is about to take part in the Global Case Competition this Saturday themed around social enterprise, I started to look up some successful social entrepreneurs online, and was very impressed!
Wokai.org is an online platform which links investors worldwide to provide microloans for rural entrepreneurs in China, with donations starting from as little as USD10. Since Nov 2008, they have raised a total of USD 160,000 loan capital. So next time when you are about to spend money for a glossy magazine, consider saving it to give as a microloan!
Things to do with your visitors in London
I realized that quite a number of us has had (or would be having) friends or family visiting us in London, which is exciting but also a bit challenging when it comes to brainstorming places / things to do to take them around.
Here's a few ideas I have when my parents came over for Chinese New Year, please feel free to add to this list!
Things to do with your parents
Cafes / Teahouses
- Caffe Concerto, Haymarket Road, just outside Leicester Square Tube station
- Sketch Parlour, 9 Conduit Street, exit from Oxford Circus Tube station and walk pass FCUK shop
- Fortnam & Mason, opposite Royal Academy of Art, Piccadilly station
- The best cupcakes in the city – Lola cupcakes in Selfridges Food Hall, nearest tube station: Marble Arch
- The next best cupcakes – Hummingbird Cupcakes
Museums / Places of interest
- Tate Modern
- Royal Academy of Art (buy entry ticket online in advance to save time)
- British Museum
- Tower Bridge, exit from Tower Hill station
- London Eye (Waterloo station, or walk across the bridge from Embankment station)
- Borough Market, food market open on Saturdays only
- Bermondsey Square (Bermondsey tube station)
- Globe Theatre featuring Shakespeare's works
Excursions from London
- Greenwich, attractions such as Royal Observatory, The Queen's House, and the Wartime Museum, Greenwich Station (DLR) or North Greenwich station (Jubilee line on tube)
- Bicester Village – approx 1 hour train from London
- Cambridge/ Oxford – each at the opposite direction from London, both approx 1-1.5 hours away by train
- Startford-Upon-Avon, hometown of Shakespeare
- Bath, which inspired Jane Austin for writing Westminster Abbey
Feel free to add to this list!
Just discovered the Museum of London online, which includes everything about London history, fashion and quite interestingly, a project on the history of different area of London, sorted by postcode. Look up your neighbourhood history now!
As we enter our second term in London, I realize that we have all come to collect bits and pieces of tips about going out in London. Here's some that I've got, let's see if we can get more ideas:
Markets (in addition to Portobello, Borough and Camden):
1. London Farmer's Market in Marylebone High Street, just 5 minutes walk from school, open from 10 am – 2 pm on Sunday
2. Cabbage and Frocks Market also in Marylebone High Street, open from 11am – 5 pm on Saturdays
1. http://www.getintolondontheatre.co.uk Special promotion for Top 45 shows in London, now priced from 15-35 pounds, offer lasts till 26 March
2. On the day, last minute musical tickets could be found at http://www.tkts.co.uk/whats-on-sale/
3. Sign up for www.studentbeans.com to get student discount on advance purchase of West End tickets
4. Special offers for students aged 16-26
Free theatre tickets available at local theatres in London (mainly plays) – http://freelondontheatre.com/ and
Discounted musical tickets at http://www.theatrefix.co.uk/
5. Sign up for stand-by, student tickets for Royal Opera House, which gives 24 hours notice when a ticket becomes available at http://www.roh.org.uk/studentstandby/index.aspx
If anyone has anything to add, please feel free.