The London Business School MIM Program is a 12-16 months program that has been ranked as number 4 in the world by the Financial Times. This is one of the best MIM programs for recent graduates who want to build a strong career in business. If you want to apply to the London Business School MIM Program, you need to collect a lot of information about different aspects related to admission like all the application requirements, employment statistics of the program, fee, etc. All of this information has been compiled in this post.
Class Profile
The London Business School MIM Program 2019 class had 205 students out of which 39% were women. They came from 41 different countries and the average age of these students was 24. Their academic backgrounds were quite diverse. 37% came from business, 21% from Economics, 12% from Engineering, 5% from humanities, etc.
Course Structure
The total duration of the London Business School MIM Program is 12-16 months. The pre-program online schedule starts in August and lasts till September in which some basic things are covered like Finance, Accounting, Excel basics, etc. This is followed by three terms from September to June. There is an optional fourth term also in which more elective subjects are covered.
The first term from September to December covers all the core courses like Data Analytics for Management, Applied Microeconomics, Strategy, Marketing, etc. The second term that starts in January and lasts till March has core courses as well as elective courses while the third term from April to June covers elective courses and applied learning.
Application Requirements
Now, let us discuss all the requirements for the application form for the London Business School MIM Program.
1) Resume – It should not be more than 1 page.
2) English language proficiency test score – IELTS, TOEFL, Cambridge CPE, CAE or PTE Academic score can be submitted.
3) Academic transcripts – The comprehensive transcripts need to be submitted with the application form and if they are not in English, certified or notarised English translation of those need to be submitted.
4) Essays – They are one of the most important parts of one’s application. Some of them are mentioned here –
a) How will the Master’s in Management help you to achieve your academic and professional goals? (600 words)
b) During your time as a Master’s in Management student, how will you contribute to the School community? (400 words)
5) GMAT/GRE Score – The average GMAT score of the MIM class 2019 was 689.
6) 2 references – Names and details of 2 references need to be submitted in the application. It is preferable that one of them is academic and one professional. They would be required to fill the form sent by the school answering some specific questions about the applicant.
7) An application fee of £95 needs to be paid by credit card at the time of submission of the application.
Placement Statistics
The employment statistics of the London Business School MIM Program are quite good. 95% of the students got job offers within three months of graduation. The overall mean salary of the placed students was $63,429. The mean salary in consulting, financial services and technology was $68,307, $65,086 and $53,062, respectively. The top employers include BCG, EY, HSBC, LinkedIn, Amazon, McKinsey & Co, etc.
Course Fee
The tuition fee of the London Business School MIM Program is £36,600. An additional fee of £7,500 is for the optional fourth term. If admission is granted to an applicant, a commitment fee of £2,000 needs to be paid within three weeks of the offer. This is followed by a reservation fee of £6,000 that needs to be paid within approximately six weeks of your offer.
Scholarships
There are many scholarships available for the students of the London Business School MIM Program. Some of them have been mentioned here –
1) Laidlaw Women’s Leadership Fund – Its value is 4 times the tuition fee and is eligible for all the female candidates who meet eligibility criteria.
2) The General Sir Monash Awards – This scholarship is open for Australian citizens and its value is AUD 70,000.
3) Stolyarenko Scholarship – Its value is £35,000 and is open to all Russian nationals.
4) Palm Hills Scholarship – Its value is £35,000 and is open to all African nationals.
How to Apply
There are many rounds of admission in the London Business School MIM program. Their details are mentioned below –
Round 1 – The application deadline date is September end. The interview decision is sent by mid-October and the admission decision is sent by mid-November.
Round 2 – The application deadline date is at the beginning of November. The interview decision is sent by the third week of November and the admission decision is sent by mid-December.
Round 3 – The application deadline date is at the end of January. The interview decision is sent by mid-February and the admission decision is sent by March-end.
Round 4- The application deadline date is by the end of March. The interview decision is sent by the third week of April and the admission decision is sent by mid-May.
Round 5 – The application deadline date is by the end of May. The interview decision is sent by mid-June and the admission decision is sent by the first week of July.
Check here for essay tips – Application essays, Structured Thinking, Visualization, Story Telling
After the evaluation of the application, invitations to the interview are sent. The interview is conducted by either a member of their alumni community or their Recruitment and Admissions Team. They operate a waitlist system. The waitlisted candidates are sent invitations to engage with Kira, an online video interview platform. This is for further evaluation.
The school is looking at applicants on a holistic basis. Therefore, if you want to secure a seat in the London Business School MIM program, you must put equal effort in all directions like application essays, interviews, etc. Strategy and confidence can certainly take you there.
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