At London Business School, with 4 admission rounds, about 1/3 of seats get filled after R1, 1/3 after R2, and the remaining 1/3 is split between R3 and R4 (or that's what I recall). But how many people apply for each of these rounds? In a previous post, I mentioned that an admissions officer said that most people apply in R2, followed by R3, R1, and the least apply in R4. Hence, with 1/3 of seats going away in R1, but not many people applying then, your best bet is R1!
However, if I ask Google, most apply in R2, followed by R1, R3, and R4. Here's how I estimate this. Since my blog is very LBS centric, I used Google Analytics to track how many people visited this blog on which dates. So for R1, for example, I looked up how many people visited my blog on November 6, 2009 (R1 interview decision date) and December 16, 2009 (R1 admission decision date). Most visits on these days came through Google Search (e.g. "acceptance rate LBS"). I then took the sum of both, and did the same for all other rounds. The data is below, and it shows that 50% of applicants apply in R2, followed by 25% in R1, 18% in R3, and only 8% in R4. Well... the real truth is probably somewhere in between what I heard from LBS and what Google says :-).
Number of visits to this blog:
9 comments:
Thanks for an insightful summary of LBS. Can you tell us what is the employment rate post LBS.
Employment stats for the class of 2010 are not out yet, but I'm guessing it will be around 90% employed 3 months after graduation (compared to 80% for the class of 2009)
Hi Thomas,
Can you give some more insight into the workload at LBS? Specifically I'm wondering how many hours per week you need to spend in class or working on assignments.
Thanks a lot.
Workload mostly depends on you. Since LBS is not 100% case method, there aren't too many cases to prepare. Also up to you how much of the optional reading you want to do. Unlike many other b-schools, LBS will let you get by with not going to all classes or preparing (but you need to do assignments, group work, and the exams of course). Some view this as a good thing (more flexibility to do other stuff, e.g. clubs, recruiting), others find this too easy going affecting the quality of class discussions.
Interesting. So LBS doesnt have any form of "cold calling" on students in class to make sure everyone is prepared? I thought most MBA programs had adopted some form of this in order to increase the rigor.
Some classes have cold calling, some don't. At LBS, nobody will force you like in high school to do your homework :-).
Wow. most clear ans ever on when to apply to LBS. thanks!! R2 here I come..
Hi Thomas,
I am debating between the 15 vs 21 months option for the MBA (12 months is a rush job and hence i'm not considering that option) - could you provide some inputs on what's the diff between 15 vs a 21 month MBA. Which one's better?
Thanks!
Hi Ash,
In general, the shorter the program, the lower the cost (meaning you're back in the work force earlier), but less interaction with peers and less fun :-)
The nice thing about LBS is that you can finish at any point, whether 15, 18, or 21 months. And you can decide when to finish at any time during the MBA. You don't have to decide upfront. Tuition, however, will be the same regardless of when you finish.
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