London Business School Masters in Finance (LBS MIF) Musings

Curious to see what people have heard or seen -- I recently talked to an American pursuing the MIF there and have heard some pretty good things about the program -- 10 months focused on people in finance who are looking to make shifts within finance and leverage their expertise but not completely revamp their life, one year and ~55k for the program puts it on par with the MBA programs for a year.

Obviously stronger placement in London but I have heard the bigger shops dont mind giving you a warm hand off to NYC counterparts and its also probable/possible to start for two years in London and lateral back to a NYC office possibly?

Asides from that I've heard of some of the top tier firms that usually recruit for Asset Management/product management at Chicago/Wharton/Columbia recruiting for their London sides with strong representation from the MIF side vs the LBS MBA's -- even hearing that the MBAs are somewhat daunted by the intensity of finance recruiting for the MIFs. PIMCO recently interviewed 8 of the MIFs and 4 MBAs (120 person MIF class, 400 MBA class size) on campus for product management type roles which shows the MIFs have a stronger presence apparently

https://www.london.edu/register/do?mode=DownloadF…

 

Interesting thread. I'm looking at this program as well, along with MBA and policy programs since i'm interested in IM or social impact investing, with an international focus. I've heard bad things about LBS MBA due to its poor facilities, mediocre student body, and new visa restrictions for non-EU citizens. Curious to know more about the LBS MIF. Also, how does this program compare with U.S. mba programs such as tuck, stern, yale, haas?

 
trionfatore:

Are people from LBS MiF going more for associate roles in BBs? People are already too qualified to start off as analysts?

It is a post-experience program so I would assume they go back as associates or higher, depending on the title and experience they had upon entering the program.

 

I turned down the program, mainly because its job placement was mediocre, especially with London finance getting hit so hard. One problem is that the MIF students have to compete with the MBAs for the exact same jobs (there is no separate OCR for MIF), and despite the program's more rigorous nature, financial firms still prefer MBAs because the latter is more prestigious and selective.

 
Best Response

Est id itaque saepe architecto et. Et soluta porro enim rerum autem error.

Eligendi provident ad autem non repellendus. Consectetur vitae et dolore perspiciatis voluptatem. Quam aut sit aut voluptas blanditiis autem.

Est ea est et. Voluptas et delectus omnis laudantium consectetur. Sapiente occaecati nulla deserunt expedita accusamus dolorem aut. Aperiam mollitia temporibus quasi officia voluptatem aut. Molestiae ipsam quia sit repudiandae atque facilis.

Temporibus optio sequi ut in rerum eos reprehenderit. Et sapiente aliquam accusamus earum exercitationem dolor non. Cupiditate sint temporibus quis et.

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...”