Admitted to LBS and HEC: which one should I choose?

Hi guys,

I am in the fortunate position of having to decide between the LBS Masters in Management and the HEC MSc in Strategic Management (not grande ecole).
My main decision-driver is career prospects after graduation and my goal is to join management consulting (preferably MBB) in Europe.
So, in terms of job opportunities / school brand / career service / placement / networking etc...which school should I chose in order maximize my career chances?

Any suggestions are more than welcome :)

 
Best Response

LBS is a top business program worldwide, but it looks like HEC has the better ranked MIM program for whatever that is wroth. Based on their websites, BCG does not recruit at HEC, but doe sat LBS. McK and Bain each recurit at both. HEC has a marginally higher starting salary and sends 35% to consulting compared to 25% at LBS. Geographically, LBS is heavy within the UK (50%) where as HEC seems more spread out (25% UK, 30% France, 25% other European countries).

If you haven't done so already, talk to current students and see what they have to say about the program and recruiting. Most are willing to share numbers and realities that the websites and admissions are not. Visit both schools and see which one you like better. For purposes of getting into MBB/Consulting, they both seem to give you the option. Just not sure where these firms recruit for compared to where you want to end up after graduation. For example, MBB may not recruit at HEC for London based roles and visa versa. So consider where you want to be after graduation as well.

LBS brand> HEC brand IMO. I would probably go that route considering the difference in opportunities is pretty immaterial. Being tapped into the LBS network won't hurt either.

 

I am assuming that you are a European Citizen already. If not, HEC is a better option as it is easier to get the French citizenship than it is the UK citizenship.

Do you speak French at a business fluent level? If not, I would just advise you to go to LBS. A lot of the networking that you will do at HEC will involve a decent level of French for you to be successful.

Overall, LBS is a better brand and all of the major consulting firms go through there.

HEC is better if you want to live in France. You can also get to the UK from there, but it is a bit tougher. However, the darling of every French recruiter's eye at HEC is the Grand Ecole students. You will have to explain your program to them and because it is close to the degree that the GE students get (MSc in Management), you will constantly have to explain how your program is different and you still might get lowballed in salary by recruiters who confuse the two.

If you have more questions on this topic, feel free to PM me.

 

Go with your numbers, I wasn't doing rigorous research - just looking at their website. Could have easily been looking at the wrong thing. To answer the red flag question - no it is not a red flag. This is just a school preference. Either Harvard or Stanford does not publish a detailed report and we all know how those schools do in elite recruiting.

You're best option is to contact current students and see what they have to say with regards to numbers and recruiting. LinkedIn was helpful to see where MBA alumi by school are, can probably use that for this as well.

 
I hold a B2 certificate in French, but I am far from business fluency: no way I can handle a case interview in French, given my current language proficiency.
That is a very solid base to build from. You should be able to handle any kind of networking event no problem or with some practice. A lot of the work will be in English anyways.
As for the Grande Ecole / Not-Grande-Ecole issue, I know that the Grande Ecole Program is HEC's flagship course, but is there so much difference as you said, Guyfawkes? If we take LSE as an example, I think recruiters don't wonder much about the differences among MSCs in Management / International Management / Managerial Economics / Economics and Accounting etc etc..they would only see "London School of Economics" and a business-related degree, but it seems it's not the case for HEC and for France in general. I would really appreciate if you could further clarify and give me more details on this :)
You are spot on: most recruiters will just see School - Major. In this vein (correct me if I am wrong): You would graduate with a degree that says: HEC MSc in Strategic Management. Compare this to what the degree for the Grand Ecole would say: MSc in Management. Most recruiters will need to be educated that there is a difference in the programs. This commentary was more based around the salary expectations coming out of the Grand Ecole vs. Specialized Masters. The GE students are pretty much entry level and the wages will reflect that. Specialized masters are a little strong of a degree so I would guess you would expect better than entry level wages.
 

First of all, congrats for the offers!

Well, to be honest, high-level recruiters know the difference between the MIM and the MSc in Strategy at HEC (because it's their job to know that), but this doesn't mean they will prefer someone from the MIM than the MSc. If you already know you're interested in strategy there isn't much of a difference between them

Take also in consideration than while the HEC program is quite consulting-oriented, many people from the MIM at LBS decided to pursue other careers (mainly finance), as it was their only pre-experience program, and that is why LBS MIM as a lower percentage of alumni in consulting. I'm expecting this to change from next year though, as they are starting a pre-experience finance program.

To be honest you can't really go wrong with each of them, but I would personally choose LBS due to location, slightly better brand imho and more opportunities/chances to tailor-made your MIM (it would be different if we were comparing LBS with the 2-years HEC MIM).

One more thing: I am italian as well and I was really set off on applying to LBS, but I changed my mind due to personal reasons. Anyway, I know that basically every Italian who graduates from the program and goes into consulting is working in the italian offices. I'm pretty sure this is not true only for LBS but for every foreign high-profile program, it seems like consultants always go back to their native country offices. Keep that in mind if you absolutely want to work in MBB in London.

PS I'm thinking about apply to both of these programs next year, would you mind share your profile? :)

 
Andrea2727:

Thanks for the suggestions guys! I'm leaning more towards LBS, now.

Even if HEC is considered the best business school in France, I think it would be very difficult for me to compete for MBB positions with native French students graduating from HEC, ESSEC, ESCP, etc...then, I would have to search outside of France, but here we would be more in LBS territory. On the other hand, as for LBS, my English is obviously more fluent than my French, and the UK in general seems more welcoming towards non-native English accents than France is for French.

All of this is true. The other thing is that there are more positions going UK-Italy than there are going France-Italy. It seems the choice is pretty obvious now. In bocca al lupo!
 

Just a couple of things to consider:

-it is unlikely that you will end up at a UK MBB office as a continental Europe student at a London school. I am quoting this directly from my interviewer for the LBS MiM, which I also got into back then. According to them, for consulting, most students land something in their home countries -unlike what was said above, I can tell you firsthand that BCG recruits very very heavily at HEC (the most of all MBB) -at HEC, you will suffer from a kind of "discount" versus Grande Ecole and MIF students -the MiM at LBS is grossly overpriced even without factoring in the cost of living in central London

It's a tough decision. Good luck.

 

Assumenda sed libero mollitia. Autem neque ratione eum omnis eos. Beatae sunt quo officiis. Velit non reiciendis ea nobis est voluptatem voluptas sed.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”