[uri levin]

בתגובה ל: ארכיון 1: ???Any Israeli Applicants #464

Again, internship employment stats at London Business School:

All the Israelis (we're five) have a well paying internship. One of us has two.

EU passport:

I don't think that a foreign passport is a disadvantage. Moreover, in the UK, after the MBA you are eligible to work (there's no need for your employee to apply for a work permit).

Partner work permit:

Your partner receives a work permit automatically.

[uri levin]

בתגובה ל: ארכיון 1: ???Any Israeli Applicants #420

Hi,

Here are my answers to most of your questions:

Internship employment stats at London Business School:

1. 5 out of 5 Israelis have a (well) paying internship (actually, one of us has 2 internships).

2. While consulting firms and investment banks recruit early in the year (January-March), a big part of the companies start recruiting around May – June. Therefore, the stats will only be relevant around mid July. However, the numbers are very similar in most top schools.

3. If you’re proactive, you will find an internship.

Total cost of MBA

Tuition £39,000(for the 2004 class).

Living expenses: single: £1000-1500 a month (all inclusive)

Couple: £2000 – 3000 a month (all inclusive)

Note that every student in London Business School is eligible for a loan which can cover tuition + living expenses; also, it’s quite feasible to get a £2000 scholarship from the British Council (2 Israelis applied, and received it). During the two-years you can potentially earn (from the internship, signing bonus, second year project and possible part-time job during second year) something between £8000 – £45,000

No. Unfortunately I don’t have an EU passport.

1-year or 2-year program

First, it’s important to clarify that this is a personal decision based on personal priorities. But, I believe that what I said holds for experienced people as well. If you come to learn – a two-year MBA is much more effective. If you believe that there’s not much you need to learn – maybe you better off no doing an MBA at all (which will save you even more of money…).

Partner’s jobs

I can’t say that it’s easy, but it’s definitely easier to find a job in London. Obviously the most important factor is that your wife / husband gets a work permit automatically. On top on that, London has so many jobs to offer and English is the only language requirement. There are also many Israeli companies in London (which is usually a great lead, you can get the list of Israeli companies from the Israeli Embassy).

[uri levin]

בתגובה ל: ארכיון 1: ???Any Israeli Applicants #376

A new thread, so information about Lonson Business School could be found in one place:

I’m an MBA student at London Business School, currently in the mid of my summer internship in McKinsey London. I was accepted to both Columbia Business School and London Business School and chose the latter. I will detail here what are the main strengths of MBA in Europe in general and MBA in London Business School in particular. But, before I do, I must say that I found the information in this forum disturbing. I disagree with most of the “facts” given about the European schools and London Business School and I would highly recommend you to base your decisions on first-hand information, not on rumors.

So, here it is:

Europe vs. the US

1. Work: if you want to work in Europe you should study in Europe (and if you want to work in the US – study in the US). Some European companies recruit from the top US business school, but all recruit from the top European schools. Note that since 9/11 international students in the US find it very hard to find jobs outside of the consulting/investment banking industries, while many European companies actually prefer international students.

2. International Focus: The European schools tend to be much more international while the US schools are very US-oriented. In the top European schools approximately 80% of the students are international while in the US approximately 80% are Americans!!! The American Schools also tend to focus on the US (US case studies, US economy, US-way of doing things) while the European Schools will focus on all the major economies (US, Europe, Asia Pacific and the rest of the world).

3. Students body: on top on being highly international, students in the top European Business Schools are usually older, more mature and more experienced than those in the U.S.. Learning from the other students’ experiences is one of the most powerful tools an international MBA offers, a tool which is much more powerful in the European Schools.

Europe top school

There are 3 top business schools in Europe: London Business School, Insead and IMD. All three are excellent school, at least as good as (if not better than) the top US schools, and it is as hard to be accepted to any of these schools. They all have very high recruiters recognition (all major recruiters recruit from these three schools), very high faculty and courses level, and very strong worldwide network and brand name.

So – why LBS?

First, all the benefits of a Top tier European School: a truly international business school, with an exceptional students body. A school which enables you to enter the European labor market in a significant role.

2 year program: if you want to actually gain knowledge that will be useful in your future career, then one year is just not enough. I know that this is very counter-intuitive to most Israelis (why do something in two years when I can do that in one?), but as this is the only chance to properly build your business-knowledge foundation, I think this point is highly important. That is why all US schools moved to a two-year program. In addition, currently, most recruiters rely almost solely on the summer internships for recruiting.

London – relationship with recruiters: London Business School has great relationships with all major recruiters in London. The geographical location, and the prestigious brand name make the school a target of many firms. In addition, the location makes the individual job search feasible. While many Insead graduates returned to Israel after failing to find a job in Europe, almost all London Business School graduates found a job in London. In General, over 75% of London Business School graduates work in London.

Finance and entrepreneurial studies departments: While all departments are very good, with world-known professors; London Business School is extremely strong in Finance and Entrepreneurial studies. So, if this is where you’re headed, or if like me, you just believe that finance is the most important skill you should master, this should be a very good starting point.

Scholarships: £10,000 are given every year to an outstanding student from Israel (Leigh Scholarship). Many more scholarships are available.

London – the city: London is an amazing city. And, yes, it’s OK to have fun during your MBA… Even the weather is good (probably global warming…). Moreover, with all the cheap airlines around, when booked ahead. a return ticket to any European major city cost less than 200 NIS…

Your partner: if you have a partner, make sure that this turn up to be a positive experience for him as well. That usually means that he should work. Now, in the UK (oppose to the US) your partner gets a work permit and finding a job is much more feasible. Not to speak about the opportunity to jump to Israel for the weekend if worse comes to worse.

[uri levin]

בתגובה ל: ארכיון 1: ???Any Israeli Applicants #375

Hi, I’m an MBA student at London Business School, currently in the mid of my summer internship in McKinsey London. I was accepted to both Columbia Business School and London Business School and chose the latter. I will detail here what are the main strengths of MBA in Europe in general and MBA in London Business School in particular. But, before I do, I must say that I found the information in this forum disturbing. I disagree with most of the “facts” given about the European schools and London Business School and I would highly recommend you to base your decisions on first-hand information, not on rumors.

So, here it is:

Europe vs. the US

1. Work: if you want to work in Europe you should study in Europe (and if you want to work in the US – study in the US). Some European companies recruit from the top US business school, but all recruit from the top European schools. Note that since 9/11 international students in the US find it very hard to find jobs outside of the consulting/investment banking industries, while many European companies actually prefer international students.

2. International Focus: The European schools tend to be much more international while the US schools are very US-oriented. In the top European schools approximately 80% of the students are international while in the US approximately 80% are Americans!!! The American Schools also tend to focus on the US (US case studies, US economy, US-way of doing things) while the European Schools will focus on all the major economies (US, Europe, Asia Pacific and the rest of the world).

3. Students body: on top on being highly international, students in the top European Business Schools are usually older, more mature and more experienced than those in the U.S.. Learning from the other students’ experiences is one of the most powerful tools an international MBA offers, a tool which is much more powerful in the European Schools.

Europe top school

There are 3 top business schools in Europe: London Business School, Insead and IMD. All three are excellent school, at least as good as (if not better than) the top US schools, and it is as hard to be accepted to any of these schools. They all have very high recruiters recognition (all major recruiters recruit from these three schools), very high faculty and courses level, and very strong worldwide network and brand name.

So – why LBS?

First, all the benefits of a Top tier European School: a truly international business school, with an exceptional students body. A school which enables you to enter the European labor market in a significant role.

2 year program: if you want to actually gain knowledge that will be useful in your future career, then one year is just not enough. I know that this is very counter-intuitive to most Israelis (why do something in two years when I can do that in one?), but as this is the only chance to properly build your business-knowledge foundation, I think this point is highly important. That is why all US schools moved to a two-year program. In addition, currently, most recruiters rely almost solely on the summer internships for recruiting.

London – relationship with recruiters: London Business School has great relationships with all major recruiters in London. The geographical location, and the prestigious brand name make the school a target of many firms. In addition, the location makes the individual job search feasible. While many Insead graduates returned to Israel after failing to find a job in Europe, almost all London Business School graduates found a job in London. In General, over 75% of London Business School graduates work in London.

Finance and entrepreneurial studies departments: While all departments are very good, with world-known professors; London Business School is extremely strong in Finance and Entrepreneurial studies. So, if this is where you’re headed, or if like me, you just believe that finance is the most important skill you should master, this should be a very good starting point.

Scholarships: £10,000 are given every year to an outstanding student from Israel (Leigh Scholarship). Many more scholarships are available.

London – the city: London is an amazing city. And, yes, it’s OK to have fun during your MBA… Even the weather is good (probably global warming…). Moreover, with all the cheap airlines around, when booked ahead. a return ticket to any European major city cost less than 200 NIS…

Your partner: if you have a partner, make sure that this turn up to be a positive experience for him as well. That usually means that he should work. Now, in the UK (oppose to the US) your partner gets a work permit and finding a job is much more feasible. Not to speak about the opportunity to jump to Israel for the weekend if worse comes to worse.

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