Do employers from around the world recruit at London Business School?

The placement rates are very high(90+%) yet only 40-50% of those employed actually get something in the UK. The remaining choose to work in other parts of the world. I'm just so confused because I don't know how UK recruiting works. Do employers from around the world come to LBS to recruit students? If so, why would a company from East Asia choose to go all the way to London to recruit even though they have plenty of other options(top Asian business schools)? Or are students pretty much on their own during Job hunt unlike at top US business schools? In fact, even Oxford(MFE) also has 40+% UK placement rate. I don't get this.

 

I'm not sure what you don't get. It's a global school with student from literally all over the world. So while a good portion do end up staying in London, most will end up back in their country of origin. And of course employers from all over the world recruit at LBS. Why?? Because it's one of the best business school in the world and the quality of the student is much higher than what you would find anywhere else bar top 10 US schools / INSEAD.

 
mtnmmnn:

I'm not sure what you don't get. It's a global school with student from literally all over the world. So while a good portion do end up staying in London, most will end up back in their country of origin. And of course employers from all over the world recruit at LBS. Why?? Because it's one of the best business school in the world and the quality of the student is much higher than what you would find anywhere else bar top 10 US schools / INSEAD.

Exactly that. And that's the same for all the other prominent universities in and around London (Lse/oxbridge)

I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing. See my Blog & AMA
 

I agree but 40% is just not enough. As far as I know, most students hope to work in London, worlds financial capital. There are a lot of threads on the interwebs about this(just read one of the class of whatever thread on gmatclub).Could it be because of the UK Visa changes? Because a lot of those 40+% are Europeans and natives

 
Noelle90:

I agree but 40% is just not enough. As far as I know, most students hope to work in London, worlds financial capital. There are a lot of threads on the interwebs about this(just read one of the class of whatever thread on gmatclub).Could it be because of the UK Visa changes? Because a lot of those 40+% are Europeans and natives

I'm unsure that this is actually accurate. A lot of people may go to school in London, thinking that they want to live in London, but then either don't find job or just realize that they'd much rather work in their home market.

Also, I'm unsure that London is the financial capital of the world, there's also New York, you know...

I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing. See my Blog & AMA
 
Matrick:
a lot of people may go to school in London, thinking that they want to live in London, but then either don't find job or just realize that they'd much rather work in their home market. This. Why would someone not find a job in London after going to one of the best business schools in the world and investing a ton of money? Their quality is not high enough for potential sponsors? Secondly, this is not about just LBS. This is the case with every top school in London.
 
Best Response
Noelle90:
Matrick:

Noelle90:a lot of people may go to school in London, thinking that they want to live in London, but then either don't find job or just realize that they'd much rather work in their home market.

This. Why would someone not find a job in London after going to one of the best business schools in the world and investing a ton of money? Their quality is not high enough for potential sponsors?

Secondly, this is not about just LBS. This is the case with every top school in London.

When it comes to recruiting it's not always only about where you went to school or how good everything looks on paper. It also takes great performance in the interviews and that spark of luck. Going to LBS (or any other uni in London you may think of) will only get you in the door. You'll have to compete against your peers and actually be better to get that job offer.

There are examples of people who went to HBS/GSB etc. who ended up graduating without a job and had to look for up to 9+ months to find one. It's not always about how smart you are etc. as I said before.

I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing. See my Blog & AMA
 

Enough according to who????? I really don't get where you're coming from. As I mentioned above, most students DO NOT anticipate staying in London post graduation, the opportunity to study in London is a big draw for the school, but it doesn't mean that everyone wants to stay. Plenty of grads will get jobs in NYC, HK, Singapore, etc which are just as big financial hubs. The share of grads going into finance has also been decreasing quite a bit anyway, it was only 23% for the class of 2015. Tech is attracting a lot of grads and jobs tend to be in SF / Berlin. Similar with consulting, positions are much more spread out outside of financial centers.

The Visa rules change is having no impact on placement. It's still very easy to get sponsored and pretty much everyone in my class who wanted to stay did stay.

 

@Noelle90

one of the first things to learn about this business is that New York is the undisputed Financial Capital of the planet. New York is like the hometown of Capitalism. UK is a major market but will eventually become minor as Brexit eventually gets triggered.

 

Foreign national who graduated from Oxbridge/LSE/Imperial here. In my opinion, there are a couple of things in play here.

In general, visa restrictions are probably the single biggest driver of these stats. A lot of firms aren't keen on providing visas to non UK/EU nationals who are equally competent. A lot of these firms also have international offices in the student's home country.

By far, the biggest contingent of non UK nationals studying in the UK are the Chinese (close to 90,000). Source: http://institutions.ukcisa.org.uk//info-for-universities-colleges--scho…

Add to that the significant number of Hong Kong and Singapore nationals and you basically have a large number of students who have every incentive to go back home for cultural as well as financial reasons (higher salaries and lower taxes in HK and Singapore). After tax salaries in the UK aren't exactly that great, especially considering the cost of living in London.

So a lot of students just find it easier to find equally high paying jobs in other jurisdictions with fewer visa restrictions.

 
Noelle90:

Thanks! Do you think it's possible to land a job with LBS brand in London(as an international)?

Wow. this is as trolling as the brexit forecasts In all seriousness at once, It looks like you're taking advatange of WSOers, asking all to spoon feed common sense to you for free, if you're not as lazy as a worm, you can google out answers of your immaturity in 2 minutes.

Are you reading any admissions blogs?! Have you checked any T15, T25 even T50 events to learn what's going on?! Do you read the wall street journal or have you learned any common sense?!

 

Enim optio consequatur sint provident deleniti. Error ipsum et quibusdam quas ullam. Assumenda suscipit quia maiores earum reprehenderit voluptas blanditiis.

Career Advancement Opportunities

March 2024 Investment Banking

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

Overall Employee Satisfaction

March 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

March 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

March 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 (202) $159
  • Intern/Summer Analyst (144) $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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
98.8
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...”