LBS MiM / LSE Global MiM / HEC-Yale M2M

Hi all, I'm in the fortunate position of having to choose between these three programs. They are all stellar but it is a difficult decision for me for various reasons. They are:
LBS MiM (1 year)
LSE Global MiM (2 years)
HEC-Yale Double Degree (2 years) in Management + Global Business and Society

Few facts about me
-I'm looking to do consulting in London after the Masters, but would be open to opportunities in the US should those open up from Yale SOM.
-Non-EU citizen, making it preferable to be in London for study to find jobs
- limited consulting/business experience, thus leaning toward a 2-year program to build that during the breaks for internships.
-Particularly conscious about brand name because my UK undergrad institution is a non-target. I understand that LBS travels far but probably not as well known in Asia-Pacific (where I'm from) compared to LSE. HEC even less so than LBS. Yale is Yale, but SOM is (supposedly) not as well regarded as LBS?

As you can see it's a pretty difficult decision. LBS would probably be the best choice if not for my limited business experience which may hinder any job hunt in the UK (thus warranting a 2 year degree). Between LSE and HEC-Yale, the latter probably has the better program (more practical) and gives exposure to two international environments. But LSE has great brand value and is in London, plus allows for a CEMS Double degree / MBA exchange also.

Any advice would be really appreciated!

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Comments (28)

Feb 4, 2018

LBS or HEC-Yale

Feb 12, 2018

From what I've seen you seem to know quite a bit about the consulting sector in London, mind if I bother you to elaborate?

I understand that LBS places really well but for the HEC-Yale front, I'm unsure as to the strength of the names of HEC for MBB / T2 consulting as well as Yale for Masters (I've heard their Masters reputation doesn't travel really far although their undergrad programs are without a doubt excellent).

Feb 13, 2018

HEC places extremely well in MBB / T2 consulting practices across continental Europe

Feb 13, 2018

Not sure if that's the same case for this program. This program is unknown and new.

Feb 14, 2018

HEC places well in consulting I believe. Masters aren't popular in the US, and recruiting works differently there, combined with a small sample size of recruits for European offices from US MScs it's hard to judge, but a Yale masters should be more than fine too I'd say. Also, I think it's a more interesting combination and personal experience, with probably more academic rigor. If you don't get invited, it won't be because of your school name, but for other factors. See comment below for some additional remarks.

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Feb 8, 2018

HEC - YALE!!! Having YALE on your CV will matter more than everything!! Go for it

The name of the game, moving the money from the client's pocket to your pocket

Feb 13, 2018

If your goal is London, go to LSE.

Alternatively, if you can wait and apply for LSE 1 year new MiM... that would be great in my opinion.

Feb 14, 2018

Any reasons to not go for LBS?

Feb 14, 2018

LBS is great too.

I was just saying that LSE 1 year program is better than their 2 year Global one. Let's be honest, MiM is a joke and there's nothing you can't learn in 1 year.

As for internship, try to get one even unpaid in your desired area the summer before matriculation. Problem solved.

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Feb 21, 2018

You give out some of the worst most unfounded advice on this forum

    • 1
Feb 22, 2018

How so?

This guy wants to work in London so 1 year program in London makes sense.

Yale (for HEC) is not a bigger brand than top business schools in Europe and London. Spending 1 whole year there is nonsense. If you think that would give you a better shot at landing an FT position at one of the MBB, you're going to have a rude awakening and thousands of dollars of student debt.

Or are you just doing it for international experience? LBS has solved that too. Studying at a school abroad is not always "international experience". There's traveling and networking and just exploring other cultures.

Want to work in US? He didn't say so. For MBB positions in London maybe? It rarely works.

So unless he has a lot of money and another year to waste, he should go ahead and do it but I'd still advise against it.

Secondly, these Global programs are just cash-cow programs. Look at their curriculum, there's nothing you can't learn on your own. UVA and Duke have those too and look at their placements. Just Terrible. Global immersions are great but 1 whole year? NO!

Lastly, the OP already knew the answer and what he wanted so why ask on here? Because when you post something on a public forum, you're going to receive all kinds of response that you may not like. And why do these new chimps behind screens monkey-shit... other than for just giving terrible advice? Because this. Because confirmatory bias. They just want to hear what they like and want.

So yeah, whatever man. Do whatever you like. It's your life and you have the right to waste it.

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Feb 13, 2018

LBS places very well in London and has a strong reputation in Asia as well.

Have you considered their GMiM double degree with Shanghai Fudan, so you can complete a summer internship in the breaks and come back after a year in China?

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Feb 14, 2018

I did, but I didn't think the second year in Fudan would add much value as compared to say, an MBA exchange term in the US or a CEMs double degree; a lot of this is due to the fact that I am not too sure about the reputation of Fudan Business School as it seems to have risen to prominence only relatively recently. The way I see it (correct me if I'm wrong), the year at Fudan is more for Chinese students who are certain their career will centre around China in the future and can leverage on Fudan's regional reputation, or for Westerners who are looking for a year to explore Chinese culture / the working environment there, rather than the course itself. Neither really applies to me.

One alternative I could pursue would be the fourth-term option that LBS offers its students that gives me another year to apply for roles? Considering that at the moment.

Feb 15, 2018
eternaloptimist:

The way I see it (correct me if I'm wrong), the year at Fudan is more for Chinese students who are certain their career will centre around China in the future and can leverage on Fudan's regional reputation, or for Westerners who are looking for a year to explore Chinese culture / the working environment there, rather than the course itself. Neither really applies to me.

Having done double degree with Fudan I second this overall.
Yet, the experience there is extremely valued by employers in every field including MBB, and the placement proves this.

OP, PM me if you want more info about the school (although it seems like you already made up your mind).

Feb 14, 2018

Hey,
I did the GMiM at LSE and I can say its worth it. You have the option to do a CEMS exchange in the 1st semester of your 2nd year or an MBA exchange at schools including Yale SOM, Chicago Booth and Duke.

HEC carries a lot of weight in France (more so than LSE) but anywhere else LSE is bigger. As for consulting in London, doing the GMiM with CEMS or another exchange (CEMS exchanges include schools from Brazil all the way to Hong Kong) and building on skills such as languages, travelling and being an 'international' student (however nebulous that definition has become) makes you a more valuable candidate than just having a big name on the CV. Plus, with LSE + literally any other school, you'll be fine.

LBS for the UK and perhaps USA is good but I've spoken to both students and people from consulting in the large European cities (Milan, Paris, Munich and Madrid) and most don't know LBS or how good it is. LSE wins here IMO.

In order of international appeal: LSE>HEC-Yale combo>LBS

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Feb 14, 2018

He wants to do consulting in London. How many from your year landed MBB London? Haven't seen a lot LSE at MBB personally. They were being outdone by UCL and Imperial. Seen some HEC as well, but not many, but that's probably partly self-selection. Oxbridge has a strong monopoly on MBB.

Also, what did you think of the educational standard at LSE? I've heard a lot of complaints, more so than from its peer unis, about being a diploma factory.

Feb 15, 2018

Consulting in London doesn't mean only MBB. For consulting in London, many people got offers/internships and as for the MBB most people chose to leverage the LSE name in the home country where it carries more weight and they use their language skills better (e.g. many German speakers).

As for the educational standard I think its high; that being said - choose the courses carefully. As in all unis, some courses are worse than others.

As for being outdone by UCL and Imperial, thats just not true (for London at least). Most starting classes at MBB and even T2 firm are 80-90% Oxbridge/LSE.

Feb 15, 2018

"Consulting in London doesn't mean only MBB."

True, but it's for the large majority of applicants and students the goal. So it seems like a good way to measure success by.

"For consulting in London, many people got offers/internships"

Any numbers for firms from your year?

"As for being outdone by UCL and Imperial, thats just not true (for London at least)"

This is actually true for London, whether you like to believe it or not.

Feb 15, 2018

Stop misleading this guy.

A 2 year GMiM would be waste of time. Really. Even from LSE. And it doesn't make sense because this guy wants to be in London so why spend a year in New Haven? Because I'm sure Yale in London isn't stronger than LSE. So just doing it for the name is useless. Unless they want international experience which is another thing.

If you can't wait for the LSE 1 year new MiM, just go with LBS. They place extremely well in the city.

Feb 15, 2018

"- limited consulting/business experience, thus leaning toward a 2-year program to build that during the breaks for internships."

While I'd agree with you in case the OP had multiple internships under his belt, going straight to full-time MBB recruiting without any relevant experience to back him up might be a struggle

Feb 15, 2018

MBB recruiting doesn't always work like it does in IB. A decent number of grads from LBS 1 year program land MBB and other tier 2 consulting gigs without prior solid consulting internships. Even at MBA level, people who intern in totally unrelated industry like Tech & Finance after 1st year land full time MBB and other consulting offers in the 2nd year. So stop repeating whatever you hear.

But as a safety blanket, if you want, get one even unpaid the summer before matriculation. Internships at MBB at the MiM level are hard to get, believe it or not.

Also, be more flexible during recruiting. If you're MBB or bust type person, you greatly limit your options. You have to open to opportunities at other firms like Deloitte, Roland Berger, LEK, Parthenon & others. They are great firms, believe me. You can always go back to business school for MBA and you'll get a guaranteed offer from MBB at M7/INSEAD, that is if you're still set on MBB.

Feb 15, 2018

Hence the "might" in my sentence.

I completely agree with you on keeping an open mindset, even if MBB truly is your be-all and end-all, "Tier 2" interships are a solid stepping stone.

I do question the added value of getting an MBA on top of a MiM (you'd have to be a damn good networker to warrant the $150k+ price tag).

Feb 15, 2018

Lateraling to MBB is sometimes difficult. So MBA is a better option.

Note that I said "If you're still set on MBB". Only then.

Feb 15, 2018

Appreciate all the perspectives guys, really good food for thought. For my post-MiM goals, I'm not really fixating on MBB (which would be nice but just being realistic) so I would definitely be happy with a firm such as Strategy&, Deloitte, Parthenon, OW, etc. as well. I am actually keeping an eye on a potential MBA at H/S/W after 3-ish years in consulting to transition to my end goal of entrepreneurship, but that's another story.

Perhaps one more thing I am looking for advice on: assuming I do end up going for the 2-year programs at either HEC-Yale or LSE, any tips for structuring my timeline to build internship experience? I was thinking
- Summer pre-MiM: one boutique consulting / biz dev internship
- MiM: sign up for consulting societies, get heavily involved in 1/2 projects
- Winter: winter internships (don't know if consulting firms offer these, might go for law / banks)
- 1st year Summer: Tier 1/2 consulting internship
- 2nd year Winter/Easter: another internship, either consulting / banks / VC
- Graduation: pray hard and get hired

Thoughts?

Feb 15, 2018

I agree that whilst its awesome to have MMB on your CV, T2 firms (LEK/AT/OC&C) pay almost as well and you're not worked to death.

Assuming you do the 2 year course, here is how I see it:
- If you can land a pre-mim internship you're golden. You won't have to do it between the 2 years (but do something so it doesn't look like you snoozed)
- MiM: yes sign up and network (B-school standard)
-Winter: in the 1st year you won't have time for winter internships
- 1st year summer: Yes, internship
-2nd year winter/easter: can try and land a part-time gig at a boutique or something. If you do the LSE CEMS in some countries you can work part-time during the semester (I did my exchange in Scandinavia and they have a big culture of part-time jobs in banking or consulting if you're at B-school)
- Graduation: get wasted

Feb 21, 2018

Congrats on the offers first of all.

Now time for some realistic and hopefully helpful colour. With a non target undergrad and limited work experience, you will not get an MBB interview in London even with your Msc. Unless you excel in a particular field/hobby and you didn't disclose this.

  • If your goal is MBB, apply to offices outside of London. The easiest to get in is one in your home country/region and Dubai (no tax!, no natural candidate pool means they hire a lot of expats although i would say biggest recruiters are T2 firms)
  • If your goal is to stay in London, do not go to HEC/Yale. The immigration rules in the UK mean that it is much easier for you to get a job and work visa if you have student visa at the time you start. Same logic applies to the LSE degree but worth checking with the school on the specifics
  • If your goal is consulting and London, which is what you said you want: Go with LBS. A lot of LBS grads at Tier 2 consulting firms. Not to mention, many other consulting firms are small and have ex-MBB with LBS links. Some only recruit at LBS. If you go down this route, you can always throw your hat into the ring and apply to MBB London. You only need to get lucky once!
Dec 11, 2018
Jan 3, 2019