Académique Documents
Professionnel Documents
Culture Documents
www.london.edu/mif 03
Connect to global
finance in London
Take your finance experience further and develop
the financial skills to succeed anywhere in the world
Study in the financial capital of the world phenomenal. Learning alongside the
and you’ll see commerce at its most brightest financial brains in the business
exciting. London is home to leading means you’ll be constantly challenged,
global financial institutions and a third of but the School’s remarkable ethos
the world’s biggest companies. It boasts makes this a uniquely collaborative and
the largest global banking centre and the enriching experience.
offices of more than three-quarters of
the top 500 international companies. The It will hone your ability to work anywhere
city is also a shining beacon for venture in the world – a real point of difference for
capital and entrepreneurship giving you when employers look to make their
way to some some of the world’s most next appointment.
successful startups.
International appeal
Structured for flexibility
We offer two programme formats. Work
Our Masters in
All of this makes LBS a stand-out while you study part-time over 22 months, Finance stats
destination for a MiF. Arriving as an or study full-time for 10 or 16 months (the
100+
experienced finance professional (with latter includes an optional fourth term).
a minimum of two years’ professional You may be sponsored by your company
experience), you’ll come from a wide to attend either format.
range of career paths. They include faculty from more than 31 countries
investment, commercial, development Core courses in Investments, Financial
43,000+
or retail banking, corporate finance and Accounting and Analysis, and Corporate
planning, consulting, investment Finance build in-depth knowledge of
management or broking, and accountancy key concepts. Specialist options are
roles within industry, not-for-profits and delivered through an extraordinary range alumni across 150 countries
the public sector. And your ambition is of electives and Practitioner Courses,
to advance your career to the next level. which drill deep into the areas best Full-time Part-time
suited to your career interests and allow
36 27
The School’s world-acclaimed reputation you to follow one of our concentrations
is reflected in its international make-up. (see page 12).
From dozens of countries, and with a
wealth of professional expertise, the Whatever programme you choose, the nationalities nationalities
range of viewpoints present in class city is an incredible classroom offering represented represented
(from students and faculty alike) is unparalleled hands-on experience. (August 2017 intake) (August 2017 intake)
04 www.london.edu/mif
“When a man is tired of London,
he is tired of life; for there is in
London all that life can afford”
Samuel Johnson, essayist and lexicographer (1709–84)
London’s CV
75%+ of top 500 global
companies based in the city
Programme elements
Transform your skill set and build your expertise in finance.
This highly practical programme offers hands-on experience
and opportunities to specialise. See how it adds up
06 www.london.edu/mif
“The academic strength of the programme,
the background of participating students
and the fact that I could gain experience in
London were key factors in my decision to
come to London Business School”
Surendra Jain (Indian) MiF2011, Vice President, Deutsche Bank
Finance@Work
Finance@Work
Term Term
One Personal
Two
Assessment
and Development
Core
Courses
Electives Practitioner
Courses
Personal Development
Up Close With Personal Development for Finance
Faculty for Finance Professionals
Professionals
Take on any challenge in finance If you decide to extend your studies from As an example, the current full-time
This is a fast-paced programme, which 10 to 16 months with a fourth term, your class includes a South African portfolio
kicks off in term one with four core scope of programme experiences manager, an economist from America,
courses to immerse you in the essentials expands: spend time on international an Israeli tax controller, a British Army
of finance. During the remaining terms, exchange at a partner institution or intelligence officer, a consultant from the
and at your own pace, you will complete undertake a company-sponsored project. Philippines and a Japanese government
your choice of seven to ten electives. For maximum flexibility, you can decide fellow. Classmates like these offer you
Throughout, and surrounding these on this part way through the programme. unmatched levels of experience and
essential elements, are a range of expertise to learn from.
practical and applied options that The attraction of studying on this MiF
extend the specialism and breadth programme is in no small part due to the
of your knowledge. ambitious and high-achieving cohort who
see coming to LBS as a rare opportunity to
interact and build networks with students
from diverse industries and cultures.
08 www.london.edu/mif
“Being surrounded by peers
who bring a lot of experience Global Business
Experiences
Term
Four
(optional)
Business
Project
Personal Development
Up Close With for Finance
Faculty Professionals
Finance@Work
Term Summer
Three Purpose
of Finance
Break
V IS I T
OR
www.london.edu/mif 09
The part-time programme
Every element of this programme presents you with diverse perspectives to
enhance your skills: expert insights, applied learning opportunities, technical
training and pitch situations Elective
Purpose
of Finance
Options*
Personal
Development
for Finance
Professionals
Personal Development
for Finance
Practitioner Personal Up Close With Elective Core Professionals
Courses Assessment Faculty Options* Courses
and Development
Practitioner Finance@Work
Courses
Personal Development
YEAR ONE for Finance
Professionals
Reach your potential in finance itself. For example, the current class complete the other four core courses and
The part-time format is specifically includes a Japanese economist, a South your first year elective in term two or
designed to allow you to carry on working African accountant, a deputy CEO from three*. Year one classes run on alternate
full-time while you gain your MiF. The Switzerland, a Chinese project manager, weekends – Friday evenings (typically
content is the same as the full-time a British lawyer and a risk manager from 18:45–21:30) and Saturdays (typically
programme, but you complete your Brazil. Every MiF class presents this 09:00–15:30).
degree across 22 months. eclectic mix of professionals, providing
you with an outstanding global network. Year two focuses on the completion of
This will be a demanding experience, seven to ten electives. Some of these
but the programme structure aims to The typical schedule run in block-week formats and require
help students balance their work/life Year one begins with a full-time attendance from 08:15–15:30, Monday
commitments. It is also a good option introduction week, during which you to Friday for one week. Others run in
if you don’t live in or near London. complete the Personal Assessment and modular formats (either Friday or
In fact, our part-time intake includes Development (PAD) core course, data Saturday, bi-weekly). Meanwhile, some
students who travel from across Europe. analytics and accounting pre-courses, follow an evening format, from
The professional and cultural diversity and meet with Career Centre to begin 18:45–21:30. There is some flexibility
of the part-time class is astonishing, your career development programme. here and you may be able to complete
reflecting the global nature of London Throughout the rest of the year, you electives in a daytime format.
10 www.london.edu/mif
“LBS turned my life upside down, catapulting me from
a safe little world to a universe full of opportunities”
Laman Valizada (Azerbaijani) MiF2013, Associate, McKinsey & Company
Personal Development
for Finance
YEAR TWO
Professionals
Global Business
Experiences
Summer
Break Optional Project
“The I moved from Sydney to London when working for an executive, and
eight years ago, and when I joined take a calculated career risk moving into
programme the programme, I was an associate of securitisation. It provides the framework
has enabled leverage finance at Lloyds Banking Group. for sustained career success.
me to I wanted to upskill so I looked through
challenge various schools and LBS was up there: The calibre of visiting lecturers and
assumptions the number one globally. professionals at LBS, and the benefits of
their experience, was the stand-out part
and rewire my I opted for the part-time programme of the programme. On the Distressed
inbuilt biases” because I didn’t want to ‘press pause’ Investing elective, the cases we discussed
on my career. Doing the part-time were taught by the actual fund manager
Sean Garman (Australian) MiFPT2015, programme was not detrimental at all; and were based on companies he’d
Associate Director, Securitised Products, I was promoted to Associate Director bought. Listening to his investment and
Lloyds Banking Group while undertaking the degree and upon analytical decision-making framework was
completion was asked to work directly invaluable. In the Managing Corporate
for an executive in the bank. Now I work Turnarounds elective someone new
in securitisation, an area of finance I have comes in every week to explain how
never previously touched on. The MiF they turned their businesses around and
has given me the intellectual confidence handled various situations. These insights
to deepen my knowledge of leveraged are outstanding.
finance, demonstrate strategic thinking
www.london.edu/mif 11
Concentration options
Showcase your skills and present to prospective employers.
Our concentration study routes offer opportunities to develop
in-depth knowledge vital for specific finance career paths
12 www.london.edu/mif
“I am concentrating my electives in corporate finance;
it’s the area where I have the least experience but I’m
keen to move into it when I graduate”
Meng Meng (Chinese) MiF2015, Legal Entity Control, Morgan Stanley
• Corporate Finance – covers advisory • Risk Management and Derivatives – If you want, you may follow a general
and strategic planning roles in for those with finance, treasury and programme through your own choice of
companies and financial institutions management roles in companies. electives, Practitioner Courses and events.
www.london.edu/mif 13
The finance faculty
Our globally recognised faculty includes industry
innovators, practitioners and thought leaders
who bring their unique perspective, academic
rigour and expertise to every learning experience
With one of the largest finance faculties in Wharton and the London School of
the world, the School is acclaimed for its Economics. She is a research fellow of the
cutting-edge academic research, thought Center for Economic and Policy Research
leadership and innovation. The FTSE and has published numerous papers
100 stock market index emerged here, in the leading finance and economics
designed by leading finance professors journals. She is also an editor of The
Elroy Dimson and Paul Marsh. Review of Financial Studies and Private
Equity Findings.
This is a selection of our much larger
MiF faculty who routinely consult to James Dow, Professor of Finance
financial institutions, companies and Expertise: Corporate finance incentives
government agencies, ensuring relevancy and communication; integrating financial
in everything we do. markets and corporate finance; executive
compensation; and leadership.
Chris Higson, Associate Professor of Experience: James has consulted to
Accounting Practice leading companies and governments on
Expertise: Financial statement analysis; corporate financial and regulatory policy,
valuation of information and intangible and commercial arbitration cases. He is
assets; financial governance; private former editor of The Review of Economic
equity; and macroeconomic determinants Studies. Other academic posts include
of company performance. professor of economics and head of the
Experience: Chris has taught on all the economics department at the European
School’s major programmes and earned University Institute.
his doctorate here. He is also a faculty
member of the Coller Institute of Private Magnus Dahlquist, Visiting Professor
Equity. A regular advisor to financial of Finance
institutions, industrial companies and UK Expertise: Fixed-income securities;
and overseas governments, he previously international finance; investment
worked for Deloitte. management; and asset pricing.
Experience: Magnus advises to several
Francesca Cornelli, Professor of Finance financial institutions, as well as
Expertise: Corporate governance; private government authorities, and is currently
equity; privatisation; bankruptcy; initial chairman of the Advisory Board of IPM in
public offerings; and innovation policy. Sweden. Previously, he was director of
Experience: Francesca has taught the Institute for Financial Research (SIFR)
at world-leading institutions including in Stockholm. He is a research affiliate at
the Centre for Economic Policy Research.
14 www.london.edu/mif
Suleyman Basak, Professor of Finance
and winner of the Best Teacher (Masters
in Finance) Award 2007–2013
Expertise: Asset pricing and asset
allocation; risk management; market
imperfections; international finance; and
financial innovation.
Experience: With a PhD in financial
economics from Carnegie Mellon
University, Suleyman was Assistant
Professor of Finance at the Wharton
School and Visiting Professor at the
Graduate School of Business, University
of Chicago. He has consulted for
Goldman Sachs and is Associate Editor of
the Review of Finance and Mathematics.
www.london.edu/mif 15
The best of London.
Learn along with a
diverse and stimulating
peer group of global
finance professionals,
benefit from access to
outstanding business
contacts and luminaries
of the finance world,
such as George Soros,
and enjoy excellent
professional and
Your MiF doesn’t start and end with the curriculum. Pursue your professional and
personal passions through the many exciting forums, clubs and social activities
on and off campus. Here’s a taste of the wider School community in action
As with the city itself, you’re never short Finance clubs Career treks
of things to do at LBS. Campus life is The brightest lights from the banking Meet your potential next employer on
vibrant, eclectic and vividly experienced world share their insights and experience these career-focused treks to business
through the student-run clubs that with members of our finance clubs. hubs around the world. Arranged by
span professional, cultural and sporting Our highly active Private Equity and students with the help of Career
interests. Taking an active role in club Venture Capital Club boasts more than Centre, you’ll meet leading companies
life feeds your career and job search 4,000 members interested in all aspects and organisations, get a better
through opportunities to network, of the field. Recent events featured understanding of an industry or sector,
and supplements your interests and Canter PE and LEK Private Equity build connections within local firms and
ambitions. Overseen by the Student Consulting. The Investment Management explore tangible career opportunities.
Association Executive Committee, clubs Club manages a portfolio of US$200,000 Recent treks to Singapore and Hong
also connect you to colleagues from (£150,000) of donated funds and also Kong included meetings with Credit
across the School, as well as a wide runs an annual Stock Pitch event, where Suisse, Nomura, Goldman Sachs and
network of alumni working in a vast members pitch their stock ideas to fund Bain & Company, focusing on asset and
range of sectors. management professionals. private wealth management, hedge
funds and private equity.
Professional clubs may take you to the The number and range of events on
banking world of New York or to study offer ensures you pick up insights and Social trips
microfinance in Ghana. You can join a improve skills highly relevant to your Students come from every corner of the
football or women’s touch-rugby team, particular finance sector. globe and enjoy sharing the highlights of
taste wine or perform Shakespeare – the their home country. Popular trips include
choice is endless. skiing in the Alps, the Paris Marathon and
InterRailing around Europe. Who knows
where you’ll go!
Families welcome
All partners of our MiF students are
Most popular student clubs welcomed by the Partners Club, a
supportive network run by and for
partners and their children across the
School. It organises regular events such
Private Equity and Investment
Running Club as London walks, language classes,
Venture Capital Club Management Club job-hunting workshops and children’s
playgroups, as well as theatre and pub
nights, which perfectly illustrates our
community spirit. Partners of full-time MiF
Energy Club Finance Club students can apply for a visa, giving them
full working rights.
Women in
Technology Club Industry Club
Business Club
16 www.london.edu/mif
Conferences, summits
and forums
Learn from business and finance leaders. The most innovative
and dynamic speakers in the world come to LBS. Through
lectures, forums, summits and conferences, you can forge
invaluable links for your future. Where else can you hear
from and debate with such luminaries?
18 www.london.edu/mif
Sitting at the forefront of business excellence means LBS is
always creating newsworthy debate, generating cutting-edge
research and developing unique content to engage and inspire
its network and the business community at large.
Advance your knowledge of key trends and changes in the finance industry that go beyond your
area of specialism. During the programme, you will have opportunities to hear from influential
industry players as well as leading thinkers from the world of academia. For example, in June 2016
the Fintech Insights Weekend explored the UK’s fintech industry and how the financial sector is
transforming because of it.
Finance-relevant conferences include the Real Estate Forum, the Private Equity and Venture Capital
Conference and the Entrepreneurship Forum, while the broader summits, such as the India Business
Forum, Global Energy Summit and Women in Business, cover the global scene.
www.london.edu/mif 19
Your next career move
Our in-house Career Centre has the finance knowledge
and practitioner experience to guide your professional
development strategies and give you the opportunity to
explore a range of career options
The specialist skills and experience • one-to-one coaching, group training and
gained on this programme, along with online resources
your previous work experience, will further • advice on CVs, applications and interviews
raise your standing as a great candidate • mock interview training
for senior finance roles. The School’s • practical networking skills
solid finance reputation and connections • advice on how to work with headhunters
to key institutions mean we have forged • student/recruiter events on campus.
strong relationships with top recruiters in
London and around the world. Students Specialist career advisors
from our 2015 MiF intake are now Our MiF career advisors have years of real-
working in 26 countries. world experience to help students ascend the
finance ladder, and include:
Comprehensive support from the Career
Centre team is available throughout the Christian Dummett, Head of Early and
programme and includes CV and cover Mid-Career Programmes, has worked for the
letter workshops, recruitment fairs, Bank for International Settlements, Chase
networking events and interview Manhattan Bank, Abbey National and Merrill
coaching for specific finance sectors. Lynch in sales, trading and investing roles. He
Richard Bland, Head of Finance in the has 20 years’ finance experience, 15 of which
Career Centre, explains, “We give have been in private equity.
students the fundamental building
blocks for their career by helping them Simon Lyle, Masters in Finance Career Lead,
maximise their skills and contacts, and has worked in executive recruitment, career
encouraging them to take ownership of management, talent management and
their job search.” consulting, operating in roles including Senior
Consultant at Michael Page, SVP Sales EMEA
There is also a real focus on identifying at Right Management and Director at EY. He
transferable skills so that you are has significant experience implementing career
confident in articulating your unique development services for global organisations,
value to prospective employers. particularly in the finance and tech sectors.
If you are on the part-time programme, Richard Bland, Head of Finance Careers, has
and in full-time work, a dedicated career a background in investment banking, with over
coach is available to assist you outside 21 years’ experience in fixed income trading,
of working hours, on your personalised the last ten of which were spent at Deutsche
career plan. Bank, where he initially set up the Yen Credit
desk and ultimately headed the Yen Rates
Our expertise includes: franchise in EMEA. He joined London Business
• sector recruitment managers and School in 2009, and undertakes business
coaches to help you plan your development across the finance sector with
career goals a particular focus on private equity.
• jobs interface and information hub
with sector insights, employer profiles
and job descriptions
20 www.london.edu/mif
“Like many other companies, Amazon “Shortly after
came to campus. Had I not come to LBS starting the
I never would have had access to their programme
I had already
graduate programme” secured my
Dipesh Mainali (Nepalese) MiF2014, Senior Financial Analyst, Amazon
full-time
employment”
2016 full-time
graduate stats
92%
accepted an offer within three
months of graduation
£67,724
basic salary (mean)
£35,422
other guaranteed compensation*
(mean)
UK 37%
Asia 32%
www.london.edu/mif 21
The alumni view
Where does a London Business School MiF lead?
We’ll let some of our graduates tell you…
22 www.london.edu/mif
“While I believe
nothing is
impossible, it
would have
been much
harder to get
this position
without coming
to LBS”
Yelena Don (Kazakh), MiF2015, Associate,
Goldman Sachs
“The MiF
allowed me
to focus on
the more
specialised
and technical
aspects of
finance”
Full-time
Read more student experiences at: might include.
www.london.edu/studentblog or
part-time
Donor-funded scholarships
Come and meet us We award a number of scholarships
3
around the world to full- and part-time students. These
We host events on campus and formats offered typically range from £10,000 to £30,000.
in locations around the world. To be considered for an award, apply
See our website for the latest early in the admission season.
information on dates and locations:
www.london.edu/newsandevents Loans
Application summary There are various excellent loan
Contact us by Step 1: Submit online schemes available that you may be
4 telephone or email application, available at: eligible for.
Our Recruitment Coordinators www.london.edu/mif
can answer specific and Company sponsorship
general questions: Step 2: Initial review About 25% of our MiF students are
Telephone: +44 (0)20 7000 7505 sponsored by their employers.
Email: mif@london.edu Step 3: Interview conducted
by MiF alumni in your Once your place is confirmed, a first
Information for partners preferred location ‘commitment’ payment is required,
5 Visit the Partners Club website followed by a mix of instalments and/or
or send an email: Step 4: Admissions balance payments.
www.london.edu/clubs/partners Committee makes its decision
Email: partners_clubs@london.edu For more information on funding:
www.london.edu/mif/financing
24 www.london.edu/mif
“I have accessed
alumni expertise to
refine our processes
as well as highly skilled
student volunteers”
Chris Coghlan (British) MiF2012,
CEO, Grow Movement
26 www.london.edu/mif
Our programmes
London Business School can boost your capabilities and potential at every stage of your career
Duration / Format / Primary study location Years of work experience
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
Masters in Management
12-16 months / Full-time / London
For recent graduates with less than one year of full-time
postgraduate corporate work experience or with less than two
years in a non-traditional business role.
MBA
15–21 months / Full-time / London
For individuals who are looking to make a vertical shift in their
career path, change industry or job function, or develop an
entrepreneurial toolkit.
Executive MBA
20 months / Study while working full-time / London or Dubai
Designed for those who want to accelerate their career into
general management or move beyond their technical or
functional specialism.
EMBA-Global Asia
20 months / Study while working full-time / Hong Kong
For dynamic, globally focused executives and managers wishing
to deepen their understanding of western and eastern business
practices.
Executive Education
Our Executive Education portfolio comprises both open enrolment
and company-specific programmes. Open programmes range from
three days to four weeks in length and span general management,
finance, HR, leadership, strategic marketing and strategy.
Key: Range of work experience in class Key target range of work experience Average class work experience