Which is better - IIM or London Business School?
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1 Answer
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A few factors that may be responsible in deciding where to study at IIM or London Business School include particular course availability, academic reputation, quality of faculty, location, etc. A comparison between these two are given below:
Particulars
LBS
IIM
Global ranking
#2 in Europe (Financial Times)
Top 50
Average salary (Post MBA)
Around INR 1.5 Cr.
Around INR 25-40 LPA
MBA tuition fees
INR 95 lakh
INR 24-30 lakh
Top recruiters
BCG, Google, McKinsey, Amazon
Indian Banks, MNCs, Startups
Global exposure
90% international students
Less global mobility
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Hi.
- 87% of graduates received a job offer.
- 86% of graduates accepted a job offer.
London Business School requires applicants to submit two essays as part of their MBA application:
Essay 1: What are your post-MBA goals and how will your prior experience and the London Business School programme contribute towards these?
To answer this question, you must discuss the career goals, professional experience, and why you have selected LBS. You should mention short-term and long-term goals. Talk about your work experience, roles assumed, achievements, and leadership experiences. Finally, discuss how LBS's curriculum, global exposure, specific clubs, electives, and network align with your goals.
Essay 2: What Makes You Un
To apply to London Business School MAM course, the applicants are required to apply online by filling out the online application form. LBS accept strong Undergraduate degrees (Minimum 2:1) in a numerous academic disciplines such as Finance, Economics, Accounting, Engineering, Physics, Math, Computer Science, and Business Management or other proof of Quantitative ability. To submit the application, the documents that are required to apply are:
- Application essays
- GMAT / GRE score
- One page CV
- Name and details of referee
- Proof of English language proficiency
- Academic transcripts
The duration of London Business School Master in Analytics and Management (MAM) is 12-16 months. MAM Class of 2024 is 90% within 3 months of graduating. This course is for those students who are seeking a career as a Business or Data Analyst in the Digital, Retail, Consulting, Consumer Goods, Healthcare or Finance sector. In this course, students will be studying:
- Applied Data Analytics skills and world-class general Management techniques
- MAM is integrated, practical, and focuses on the point where Business, Data Science and Machine Learning intersect
For admissions at the London Business School, it is extremely important to appear for the interview round. The interview round is considered extremely important, as important as fulfilling all the admission requirements and submission of mandatory documents. The interview round generally focuses on behavioural questions, including questions on work and practical experience, future goals related to career and how the candidate is planning to achieve them. The interviewer might ask questions regarding the application and other documents too. Questions could also be based on the decision of joining any particular specialisation in LBS.
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