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As the current class of MiMs throw up their hats to celebrate graduation and pack their bags to move on to bigger and better futures in their chosen careers, its inevitable to look back and think about what we wish we might have known before we began this exhilarating experience.

So I bring to you a few things that the current class said when asked about the best advice they received when applying to business school and the advice they would pass on to future MiMs.

“Think about what value addition Business School is bringing to your education” “Go to the school with the best name for your CV” were some responses. I would agree and add that this is especially key for those who are still deciding what they should be doing for the next year of their life. LBS added a lot to my CV due to the clubs and activities I was able to be a part of and it helped give me a balanced education with my engineering background. How would it help you?

“Manage your time well and try meeting one new person everyday” while ambitious, is great advice because of the tremendous benefits a good network can lead to. “Enjoy your last year of university” - no doubt advice that has been born from the nostalgia of leaving, all MiMs would agree that in addition to studying and securing a job, the importance of making the journey a memorable one cannot be overstated.

As far as particularly applying to LBS, “Prepare your application and interview thoroughly and get advice from someone who has been accepted into a top school” “Be prepared, you will be surprised how many candidates enter the interview without doing their research”. I put these first since I have also had a fair share of experience with candidates who go through the admissions process only to be surprised mid way through the process when interview questions leave them unprepared. The first stage of essays is also very crucial “Take it serious and let your friends and family proofread your essay’s. If they recognize your personality in your writing, you’re on the right track.” “Make sure to tell your story through your essays”.

Once accepted, this year can be overwhelming with opportunities. “Be mature, know your objectives. Be sure you are clear about them, and MiM will help to achieve them.” “Enjoy every event and meet as many people as you can because thats where you will learn the most from” “If you have a business background, the MiM at LBS will be more beneficial if you are looking for a programme that gives you a network and personal development training”

Others say “Be certain about atleast three career choices and know that you have researched them well. It might sound clichéd, but “be yourself” is sound advice – be the best version of yourself.” “Don’t underestimate Marketing!” and “Make sure you don’t forget to have fun!”

More questions regarding the course can be directed to MiM student ambassadors or leave a comment below

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Starting with Start-ups

Posted by: Mihir

Over the last semester, MiMs studied Entrepreneurial Management – all you need to know when innovating and aiming to launch your own start-up. This module has been full of real-life knowledge that I found useful as we studied cases which were debated extensively in class and had an entrepreneur speak to us each week regarding their journey and lessons learnt. This included how to finance ventures, value an idea and create the ideal team.

Perhaps the best example of practical application was the ‘Discovery Project’ that teams undertook to come up with an innovative idea that addresses a pain point in the consumers lives and design and develop a business model to fill that market gap. Culminating weeks of market research and brainstorming was a Tradeshow presentation at London Business School where entrepreneurs from the LBS Incubator program judged the ideas.

Winning ideas included a student discount app for establishments near universities, self defence mobile accessory for women and a website to help people undertake courses for personal development.

What I most enjoyed through this whole experience was actually going through the processes that are required before beginning a business and being able to understand what are my strengths and weaknesses throughout the journey. Since we worked in a team, we were able to balance the skills required to design the product, undertake market research, and produce a financial forecast and business model.

This is just one example to showcase why I feel the MiM is a great degree in management because it does not only cover the theory and frameworks for business but also equips you with the practical information required to apply this knowledge.

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MiM Act 3 Scene 1

Posted by: Mihir

How many MiMs does it take to make an unforgettable year? What do you get when you cross 162 highly effective students, London and Finance and Accounting? Why did the MiM cross Marylebone Road?

The answers to all these brain scratchers can be found if you visit London Business School today where the MiMs have entered the third trimester of the year. As everything we have experienced this year, the semester started off with a bang and isn’t showing any signs of slowing down.

Even before classes began, some MiMs went on a Global Immersion Field Trip to Paris and visited the House of Hermes as well as equestrian event Le Saut Hermes at the Grand Palais. Soon as classes began, we were visited by students from the Stockholm School of Economics (SSE) and IE Madrid as part of the Global Immersion Exchange. It was one of my most culturally stimulating exchanges as we discussed crayfish, spoke Spanish and experienced the high life of London. The program also included some fascinating talks on Financial Valuation and Comparative development in Africa by esteemed LBS guest lecturers.

As goes with an exchange, last week LBS students travelled to Stockholm to chat with Anders Dahlvig, former-CEO and President of IKEA. Have a look at the Masters in Management Facebook page for some interesting moments of the exchange captured. Next week we’re heading to Madrid to visit IE MiMs in what promises to be another amazing chapter in the MiM life.

On the all-important academic side, the MiM just leapt to a whole new level of learning-by-doing. As part of the Entrepreneurial Management module, we’re currently brainstorming and identifying market gaps to develop innovations in the goods or service sector to present at a Trade show later this year!

The course in Strategic Analysis is also enforcing the practical side of education as we have partnered up with medical giant GlaxoSmithKline to work on a project to develop a new commercial business model for their operations in emerging markets.

And it doesn’t end there; Microeconomics and Management Accounting are more subjects we will be studying this semester.

 

More to come this year:

  • Global Immersion to Brussels
  • Monthly MiM Muffin Days
  • MiM Closing day activities
  • Graduation
  • Summer Ball
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Theme of the Month: Immersion

Posted by: Mihir
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Let me recap what’s happened since I last wrote.

The MiMs had our first final exams which were intense but successful! We then said our tearful goodbyes as we broke for winter break but soon to return refreshed, reenergized and reinvigorated to take on the new challenges of this semester. Over the break, many MiMs had the chance to discover London as well as meet up around the world and continue the MiM experience off-campus.

The semester began with 3 new interesting modules and new focuses. Many MiMs have secured job offers with their choice of employers and so this semester is focused to enhance the LBS experience by immersion into other facets of career and personal development. Clubs and societies embarked on treks to visit companies internationally such as the Retail & Luxury Goods and Energy Club trips to Paris where they interacted with management from large companies. We also had a spring careers event attended by 40 employers followed by Business Immersion Week.

The BIW has so far been the highlight of my time here as I got to visit M&C Saatchi, BBC, Universal Music, LVMH, Pentland group and Google! Some of the other 28 companies visited included Accenture, Blackstone, CNN, Deloitte and London Stock Exchange. I was taken aback by the information I learned about various companies and sectors.

In other news, LBS is buzzing with excitement for the annual Tattoo festival for which tickets were sold in under 5 minutes. There’s food, drink, dance, music and performances from around the world as we showcase our global diversity. #LBStattoo.

And lastly, there’s more immersion to come ahead with the MiM Global Immersion Field Trips that are taking us on an exchange to Paris, Brussels, Madrid and Stockholm to visit local businesses schools and companies. I personally can’t wait to attend one of the trips!

Phew! That’s a lot of information to cover. If there’s anything in particular you want to know about, comment below!

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Do you remember the days when you waited for the last bell of term to ring, signifying the start of break, no classes and carefree days? Today I find myself in a surprising conundrum where I am perplexed why I don’t feel like catching the next flight out to go home for Christmas break.

This past weeks, the MiM2013s shunned the outdoors and locked themselves away, (except for a few who braved the legendary LBS Santa Pub Crawl) to prepare for our first end-of-semester exams. Study groups huddled close to keep warm and discuss decision making biases, financial accounting and risk analysis as midnight oil was burned at Taunton (the library).

The semester culminated spectacularly with a MiM Christmas Party and the question ‘what next?’ entered my mind. While I miss my family and am eager to fly home, London has so much to offer this festive season that going back almost feels like missing out! Hyde Park is host to the annual Winter Wonderland, Somerset House provides the most picturesque ice skating experience and South Bank is celebrating the chocolate festival. Are you tempted yet?

Moreover, I am going to miss the companionship of my diverse MiM family who will be scattered around the globe to spend the holidays with their families. I envy those who will ring in the New Year here and may possibly experience a rare white Christmas.

On the other hand, I wish best of luck to all those who are currently applying for the MiM class of 2014 and hope that these experiences give you an insight into what to expect. Is there anything you want to read about in particular? Write a comment with your questions.

The MiM is holding special information sessions in Mumbai and Mexico this winter for those who wish to know more. Visit http://www.london.edu/programmes/infoevents/do?progSelect=MiM to register

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An Amalgamation of Countries, Culture and Community

Posted by: Mihir
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Adam Douglas wasn’t joking when he said the ‘answer to Life, the Universe and Everything’ was 42 because that is exactly the number of nationalities represented in MiM2013 and it has been a blast.

Diversity is an integral part of the school’s values and nothing defines it better than our class of 162 bright minds. For a travel enthusiast such as myself, it has been an exhilarating opportunity to meet and get to know my peers – almost like travelling to 42 nations at once! I have learnt greetings in 10 different languages and you can always find a multi-lingual group of students trying to master each other’s native tongues. But it doesn’t stop there.

The MiM community is truly passionate to share their stories and backgrounds and equally eager to listen to those of others. I am undergoing a synaesthesia of cultural knowledge while having the chance to experience cuisines, music, dance, film and traditions of various countries. In the past ten weeks I celebrated my first Halloween, mastered rudimentary salsa moves, enjoyed an authentic Turkish meal, discovered the significance of Guy Fawkes Day and helped partake in an incredible Thanksgiving dinner; all thanks to my bouillabaisse of global friends. (You know who you are!)

Sharing my own culture has been just as fun when we celebrated Diwali LBS style! As part of the festivities, we performed a choreographed Bollywood dance that was undoubtedly an unforgettable memory for all of us. I was fascinated to see that our team comprised of mostly non-Indians who were exceptionally willing to learn Hindi songs, adorn themselves with traditional Indian clothes and even brave the spicy dishes.

I don’t know what I will discover during the rest of the year, but I have my bucket list of nations I can’t wait to visit… and it’s growing each day!

MiM Diwali Dance Team

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All work and no play make Jack a dull boy…

Posted by: Mihir
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… says the wise old (clichéd) proverb; “but he sure will get the best grade/job along the way” counters the new-age student.  So where does one draw the line and perfect that elusive ‘work-life balance’?

My MiM life is divided into three key components. First, there’s the Academics – course module lectures, seminars, assignments and the personal development program. Career comes next with job applications, interview preparation, company presentations and skill building workshops. Finally I have my Social life; the things I do to fill the time between the former two which would include participating in clubs and societies, sports, hobbies, parties, events and meals with friends.

I don’t need to emphasise the importance of Academics. It’s the main focus of your time here interspersed with following your career goals and next steps after LBS. So with these 2 taking up the bulk of your time and energy, where does it leave the Social aspect?

What I find best about my time so far is that LBS has recognised that we are, after all, human with the innate need to have our share of time away from the ‘grind’. The sundowners are one such example of the university promoting students to mix business with pleasure and mingle with one another. The clubs and societies have also been fantastic opportunities for me to pursue my personal interests outside the core curriculum. There’s no minimum requirement to get involved, but I would highly recommend it to anyone who wants to meet like-minded and yet diverse individuals from different streams and courses.

The simple fact that we have elected social leaders to represent our class to organise events, parties and trips is a testimony to the University’s encouragement to develop outside the classroom as well as inside it. Our weekly MiM bulletins highlight the best places to check out in London – a city with no dearth of locations for idle excursions.

So my ideology? I’m here at London Business School to take in all that I can in my year. So far, it has been a treasure trove of opportunities to gain knowledge and invaluable career advice, but I’m going to make sure that I enjoy the whole package. I’m looking forward to treks to places I have never visited, the annual LBS Tattoo and summer ball,  Diwali & Christmas party (after a superb Halloween event) and making sure that I get a taste of some of the best restaurants in the world that are scattered throughout the city.

So I’ll end with another cliché, “It’s not the destination, but the journey that matters most”.

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My First Impressions:

My LBS year began not in London, but sitting at home when I received my first weekly bulletin outlining the pre-program preparation required before the start of term. Since then, LBS has constantly delivered nothing less than excellence, via guidance in a structured format to ease us into the Masters in Management. A constant wave of information is always heading towards you in the form of emails, events, lectures, seminars, news or just taking in the new environment.

LBS has certainly proved in a short span of time that it sets itself apart from other Masters programs by giving us not only academic education, but also preparing us for what lies beyond graduation. The Career Services must be given credit for transforming me on paper from just another ordinary graduate to one who is equipped with the skills and experience to undertake a job at the top companies in any sector.

‘Networking’ is a term most vigorously endorsed by the university and the school makes sure that we have access to create these valuable networks. So far I have had the chance to meet with top managers at global consulting firms, ask questions to experienced MBAs and be amazed at the global diversity among my peers.

The year ahead definitely looks promising with a gamut of experiences and opportunities and I am here to capture all of them.

Preparing for the Start of Term:

I started preparing for term way before the first MiM bulletin arrived. Ever since the acceptances started rolling in, the facebook group has been ever expanding with the new admits already “networking” amongst themselves. Preparation took form of keeping abreast of global news and market data, seeking housing and flatmates for the coming year and staying informed through the discussion boards and countless emails.

It’s been a great LBS experience so far even without actually having stepped onto its grand Regent’s Park campus. My MiM2012 buddy had given me great tips to make the most of LBS by joining its diverse clubs and attending the most educational treks taking place all over the world. The university made sure that all admits knew what to expect at LBS and start gearing up to take on the intellectual challenges the course has to offer as well as face the tough job market as we all prepare to land our dream jobs.

It’s going to be a year to study hard, forge lifelong bonds and empower ourselves with invaluable skills and knowledge that will see us through for the rest of our promising future careers.

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