London Business School has redesigned its MBA curriculum with several alterations, aiming to making the program more flexible. The curriculum overhaul is the result of a top to bottom internal review – the school found that while it has a strong employment outlook an overhaul of the program itself would help to better meet the needs of students and employers.
The changes implemented include:
- The size of the class has been considerably increased. So far, LBS has been considered a relatively small to medium-sized program. Currently, it enrolls about 420 students each year but from now 60 more students will be added.
- To keep up with the constantly changing global business environment, LBS reviewed all of its MBA courses mapping them to the knowledge and skill sets that they felt were common to all industries — management consulting to tech consulting to financial services to consumer products. When they did this, they were able to pare down their core courses to a small set of “sector neutral” topics in areas such as teams, finances, etc. Only the core coursework comprises the first semester of the first year.
- New electives have been introduced in digital transformation, marketing, customer and market insights, fintech, value chain management and global economic analysis.
- LBS has added an on-the-ground London experience in the first year. This new experience capitalizes on the school’s location to allow MBA students to undertake a business project with organizations around the city. This experience is followed in the second year by the global experiential experience. LBS will take its MBA students on a global business experience to one of seven different locations around the world to learn in the local environment.
- LBS now offers a flexible 15-month, 18-month and 21-month exit points. Each MBA student at LBS can choose what works best for them. LBS doesn’t make students choose their exit point at the start. They can change their schedule any time and work with a counselor to determine what classes they need to complete to graduate when they want.
What this means for you as an applicant?
- While LBS has historically been a finance and consulting school, the compression of the core curriculum and adding a variety of electives means that applicants can consider a wide variety of careers post MBA viz: tech, not-for-profit, luxury, retail etc.
- The focus on developing digital competencies means that LBS graduates will be provided with the skill-set to navigate the new digitally focused world.
- The addition of an on-ground experience in London enables students to leverage the geographical advantage of being in London. Despite Brexit, London is a global finance leader as well as a great location for tech, finance, entrepreneurship and more. Projects with companies in London will enable students to target the industries they want to work in post MBA.
- The Global Experiential Experience will enable students to apply business skills learned in the course of their curriculum to local business settings.
- Flexible exit points enable students change their schedule at any time and work with a counselor to determine what classes they need to complete to graduate when they want.
The London Business School MBA is a top ten global MBA and these changes only enhance its value. For more information on the London Business School MBA program, and to understand if you should apply to it, please connect with us on firstname.lastname@example.org!