# LBS Admits Welcome Event - April 2021

Data: 11-01-2025 21:44:14

## Lista de Vídeos

1. [Opening Speeches & "The Myths of Disruption" with Professor Julian Birkinshaw | Admits Welcome Event](https://www.youtube.com/watch?v=zF8sUH8U39E)
2. ["Careers Today" with Christian Dummett, Head of the Career Centre | Admits Welcome Event](https://www.youtube.com/watch?v=JDhSPORS-ZU)
3. [Masters in Management Career Centre Session | Admits Welcome Event](https://www.youtube.com/watch?v=ioDxM-lDcCc)
4. [Masters in Financial Analysis Career Centre Session | Admits Welcome Event](https://www.youtube.com/watch?v=C1fkkMVsqSw)
5. [Masters in Analytics and Management Career Centre Session | Admits Welcome Event](https://www.youtube.com/watch?v=8yzOI5DkC3E)
6. [Masters in Finance Career Centre Session | Admits Welcome Event](https://www.youtube.com/watch?v=G1n4GX_A2oI)
7. [MBA Career Centre Session 1 | Admits Welcome Event](https://www.youtube.com/watch?v=UeiJcibNFJo)
8. [MBA Career Centre Session 2 | Admits Welcome Event](https://www.youtube.com/watch?v=Ij6wgHplMQw)
9. ["You Belong at LBS" with Dr Kathleen O'Connor | Admits Welcome Event](https://www.youtube.com/watch?v=ekT2YUpRJlk)
10. [Early Careers Admits Event: Meet the Programme Office](https://www.youtube.com/watch?v=4IZd36b1NLw)

## Transcrições

### Opening Speeches & "The Myths of Disruption" with Professor Julian Birkinshaw | Admits Welcome Event
URL: https://www.youtube.com/watch?v=zF8sUH8U39E

Idioma: en

so hello and welcome to london business
school's admit welcome festival it's my
absolute pleasure to host you
today as you learn a bit more about lbs
faculty
and the community that you'll be joining
i know my recruitment and admissions
colleagues will echo my sentiments
as well when we say that we're really
thrilled to have you here today and see
how far you've come
in your journey so far to lbs so many
congratulations
just to tell you a bit about who i am
and how today's gonna run
my name's alex salter i'm the senior
manager for the early career programs
this is actually my 10th year at lbs
it's been a real privilege to work
across
the early careers in the mba team and
for me lbs really is more than a
workplace it's a place where you can
afford really strong community ties
access brilliant thought leadership
which i'm sure you're going to see today
and that's whether you're a member of
staff faculty or as a student
lbs really embodies excellence and i
hope that you're going to enjoy your
time with us today
as you evaluate evaluate whether you're
going to make that lifelong commitment
to lbs 10 years has flown by for me and
i'm sure it's going to for you
too before i introduce our first speaker
today
let me just tell you a bit about what
we've got going on online i can see some
of you have interacted with our posts
already which is great
but across our london business school
social media channels so
across linkedin instagram weibo and
facebook
check out our posts where we are
encouraging you to leave your class name
and graduating year so for example
mba 2023 nfa 2022
in the comments section and feel free to
share to your own social media
channel also you can use the hashtag lbs
admits 2021
or hashtag why i love lbs by leaving a
comment with your class on the post we
hope as many of you as possible will be
able to find each other
across social media and spark those
lifelong connections
and really be able to explore the
diverse vibrant and rich community that
you're joining
and as the saying goes you have to be in
it to win it
as an extra incentive we are going to
pick one
early careers and one mid-careers
participant to win
a one-to-one meeting with professor
linda gratton she's an lbs professor of
management practice
and co-author of the hundred-year life
she's a leading thought
and thinker in the future of work so get
commenting meet each other and be in
with a chance to win
so we got two great speakers ready and
waiting to welcome you today firstly our
dean
and secondly rumi chaldry a current mba
student
it gives me great pleasure to introduce
the first speaker of the day
our dean francois ortola manier
hi alex and hello everyone
good morning good afternoon good evening
wherever you are in the world
i first want to say a warm welcome to
all of you
and i want to thank you for considering
our school as a next stepping stone in
your journey
we are honored that you have applied for
our school
and i want to thank you for taking the
time to join us today
the choice of whether to join our school
in our alumni community
is an important one for you it is one
that will stay with you like alex said
for the rest of your lives and so i hope
we will make it easy
for our part we've made our choice
already and it's you
so to make your choice easier now let me
share with you some perspective on
three elements of that choice first i'll
share with you why is it
that we are inviting you to join us
second i'll talk about
what i think you should consider in
making a decision and third what the
decision is about
we are inviting you because you are
special
you as individuals each and every one of
you
because of your academic credentials of
course
but also because of your background your
experience
because of what you bring with you what
you represent and also because of your
ambitions for the future that's you
being special as an individual
we're also inviting you because we think
that you together
the plural you you as a forthcoming
class as a group
you are special because of the diversity
that you all represent
and that's really important to us
because we understand that your
experience at lbs
is not just interacting every single one
of you
with our faculty and my colleagues in
the staff
it is about how together you will enrich
each other's experience
and together become alumni of our school
and so that's why we take great care in
selecting outstanding individuals
but also in constituting classes that
will be an outstanding
mix of individuals to make an
outstanding group
that feeds into alumni community
and so you are here today because we
expect every single one of you to both
fit in within our community and to also
stand out
what you should consider in making your
decision let me give you a very simple
decision tree
the first question i hope you've already
asked yourself
is do you care for rigorous education
and by that what we mean at lbs is an
education where every one of your
experiences
will be grounded on academic research
yes we have faculty members who will do
games like spaghetti and marshmallows
but even those games they are ground in
academic
research my senses and my experience as
a dean
is as long as you're in a top 10
business school in the world you can be
guaranteed that will be true
so the next question is do you want to
be
in an international school that has a
truly global
community and by that i mean alumni
from and on every continent
and yes i do mean every we actually have
two
alumni who run a marathon in antarctica
we have an
alumnus who help manage the
international space station
but maybe that's not the most relevant
to your experience day to day
so let me tell you what i've heard from
some of our
students about the way u.s schools have
been trying to argue that maybe they are
just as international as
schools like ours and here is a question
one of our students asked to the dean of
one of these year schools
when i graduate where will i be invited
to weddings
if you come to lbs you'll be invited
everywhere
in the world actually something i do
miss
in not being able to do this event face
to face it's the opportunity to interact
with you
normally we offer a breakfast before i
give my speech so i get a chance to
talk with students at tables all around
the big room that we have here on campus
in london the last time we did this
students were in tables of four to six
students
i went through nine tables at every
table there were people from
three different continents
and so if you apply this test of do i
care for academic record
fast foundation to my education do i
want to be in a truly global
international environment
i think you're left with only two
schools in the world and so where does
the decision come from
one obviously is that we are in
different locations and i will argue in
favor of london
this is another aspect of us that is
very important i want you to consider it
very carefully
are you looking for an educational give
you
a toolkit a quick boot camp
to go from a to b
or are you curious are you open to be
inspired
to a different perspective on yourself
and on the world
you see the difference i'm not saying
one is better than the others
just these are two different type of
experiences
one is i receive a lot and i can run
fast and get out
the other one is i come in without
curiosities that openness
and i'm open to be transformed by my
interaction with my peers
with the faculty with the alumni and the
whole community
and i'm saying this is a very important
choice
because because if most of you are
coming with that openness and that
curiosity
if all you want is a toolkit please be
fair to your classmate
choose another school you should come
here
if you want that academic rigor you want
to be part of a truly
global community and you are open and
curious
to be inspired to different perspective
on yourself
and the world so as you come here what
will you get
of course coming here is about choosing
a school and choosing a degree but
it's so much more it is joining a
community
and adding to our community of alumni
around the world
i want to be clear that our alumni are
most important assets
you can take a very economic finance
perspective to this and ask yourself
what is our least tradable asset
as an organization
and if you run through it it's not the
real estate
that can be sold it's actually the
alumni
there's no divorcing you once you
graduate from our school
you are in this with us forever after
and that's why if you join our school
it's because we've selected you because
we think that you individually you as a
group
can be part great contribution to our
alumni community and once you join here
the relationship is not one-off we give
you a degree
it's about us co-investing together in
your future
you as an individual and you as part of
our alumni community
and so if you come into the school i
hope it will be
because you want to co-invest with us
into your individual future
future and your future as a member of
our alumni community
and by coming here you get a chance to
contribute from the get-go
to that future of yours and of ours
together
by being an excellent student but also
by contributing to the experience of
your classmates
with so many opportunities around the
school and some of them
you have a platform to create for
yourselves and also by helping us
shape the future of our school and the
future of your community
and for that i'm so proud of the
contribution of our class of 2020
the ones who graduated last year and the
class of 2021 were going to be
graduating this year
because they've been outstanding in
helping us shape
our response to the pandemic in helping
us organize
our model of higher education hybrid in
the way we use technology
so students can be in a classroom others
can be online
but also hybrid in the way we continue
to offer a full experience
that is not just students and faculty
but also students with one another and
with our alumni
we owe a lot to our success to the
students being engaged
with us and and that's really a typical
thing at lbs
and i'm proud of the fact that last fall
and right now we were able to be open
when some of our biggest competitors in
the us either didn't even try to open
or ended up having to shut down during
the course of the semester
i'm also really proud of the way our
students
led the way in helping us respond
address
learn from the black lives matter
movement
and help us from there understand how
even though we pride ourselves
in amazing diversity that doesn't mean
that we
are doing as well as we could in matters
of inclusion and belonging
and so the students took leadership in
helping us address these issues and
we are now driving tangible change and i
hope you will come
with that spirit of contribution the
same spirit i saw in the class of 2020
and 2021
that you help us continue to improve the
prestige and the impact of the alumni
community that i hope you will join and
so
again welcome you're here because
you're special we've looked at you we've
decided
we think you will be a great alumnus or
alumni
for school so congratulations on your
admission
and now you face this life-altering
choice
you face this opportunity to choose
where is it you're gonna go
to get transformed and what is a network
you're gonna join
for the rest of your life so i hope you
remember
at lbs you'll get academic rigor
your experience will be enriched by the
talent and the diversity
of our community
you will come with that curiosity at
openness and you will gain new
perspectives on yourselves and on the
world
and we will transform the trajectory for
the rest of your life
we want to invest with you and we count
on you
to come ready to contribute to the
prestige and impact of our community
with us
again thank you for your interest in our
school
thank you very much francois for that
rousing welcome as i said before we've
got a current student who's going to
give you a flavor of the lbs experience
and how they felt when they were in your
position we're very lucky to be joined
by rumi today rumi's a current
mba student she's a laid law scholar as
well as a phd holder
in chemistry from ucl at lbs room is a
member of the executive committee for
the social impact club
and out in business clubs as well as a
captain of the women's football
team fun fact roomie is also a published
poet i'm going to hand it over to you
now roomie
thanks alex i hope you can all hear me
not that you can wave to tell me that
because i can't see your lovely faces
but i hope you can see mine um
firstly huge huge huge congratulations
and you've done a lot of the hard work
already in
preparing and sitting the gmat or gre um
well done i know what a pain it must
have been um
i as alex said i'm rumi chowdhury i have
a
phd in chemistry i went to ucl i've been
in london for about 13 years now
i'm uk born and bred as you can hear
from the accent
and one of the things that really drew
me to lbs is very much the diversity
and it's not just a diversity of you
know what area of the world people come
from you know what country they're from
what
you know religious values they might
hold it's much more than that it's the
diversity of thinking it's a diversity
of the sectors that people have come
from the
subject areas that they've joined from
um and i can tell you from
the past how long has it been i guess
six months already seven months already
goodness
so i started the mba in august is flying
by
um the diversity is absolutely profound
um every single conversation you have
whether it be in your study group of
about six people
or your stream of about 90 people or the
entire class
and i'm of course talking about the mba
um
but with with whichever groups of people
you're interacting with the diversity is
amazing and i have no regrets whatsoever
in my choice
and so i have a little bit of a special
perspective i'd say
in that i actually worked at the school
for two years uh before starting the
program
so the kind of uh experience i've
already had
of of uh what the student experience can
be
is a pre-covered and a covid experience
so
i can tell you it is of course different
but the school has worked
really really hard to make hybrid a
success
and as francois said we are currently in
hybrid mode
so that means that half of the class are
able to be in person
and they've dubbed that name uh roomies
and so everyone gets to be a roomie not
just me
and then of course when we're on
we are the zoomies but it it really adds
so much value to the experience already
um that we can interact with our
teachers we can be in the class or over
the zoom but still have the
um really world-class level of education
and in fact after me you're going to be
hearing from one of our
excellent professors uh professor julian
birkenshaw i'm currently sitting in
elective
um with uh with julian innovation and
technology i can tell you
is amazing as are all of the classes
i've taken so far
um so before uh today's talk i actually
asked a couple of admits what they would
um
like me to talk about um and uh i'm
going to give a little shout out to
navrit kaur who is a mim
2022 incoming um high nubrite um
so she mentioned that she'd love to hear
about how we balance
the um academics with the
non-academic learning and i really liked
the way that she worded that because
it is absolutely true there is a lot of
non-academic learning
so i'd like to talk to you today in a in
a sort of bucketed sense
and so in my sort of time as an admit
what students and alumni were saying to
me is
there are three focus areas that you'll
have as a student and whilst you're at
lbs
and i think this is perhaps true even in
life in general
and so you have your you have your
academics you have your
social and you have your career and you
really get to own
how much onus you put on which one and
from my experience so far i have to say
that it does vary
you know there'll be moments where
you'll just be socializing there'll be
moments where you are really really
knuckling down on the academics
and of course during recruiting season
it will be about the careers
um so to touch a little bit on each of
those so i've already spoken a little
bit about academics with hybrid
um and with the sort of diversity of the
um courses that we take it's very
bespoke you can design your own
learning um of course you have like the
core modules you have the finance and
the accounting etc
which really helped bring everyone to
that same level
whether people studied business in their
undergrad and then worked in a corporate
environment or if they um were an
entrepreneur or they studied engineering
or they studied humanities whatever it
might be that really brings people up to
that same sort of level pegging and
gives everyone the
the sort of opportunity to really get a
foundational knowledge on the
on the essentials and then you can start
catering to your own desires so if you
want
to focus in more on strategy and
entrepreneurship which is sort of the
the way that i'm going
so you know i've done uh courses in
digital strategy i mentioned innovation
and technology
um but then some of my friends are going
down there more finance routes so
they're going for finance to financial
statement analytics etc
there's such a broad scope of areas that
you can cover that you can pick and
choose
if you want to go for a very specific
concentration be it finance be it
marketing etc you can
but you don't have to and that's the
beauty of it um and then the
the uh bespoke nature means you can go
and do
internships in different fields and
really learn about um
what you like and sometimes what you
don't like which is fine this is
this is the time to actually learn um
i'm gonna as a quick aside
the alum who i had as my interviewer
um he was telling me that he came from a
sort of charity uh background and then
he
wanted to uh give finance a go so he
worked at
i'm not i won't name the name although
he did maybe i could
morgan stanley and and he didn't enjoy
it and it just wasn't for him
and he knew that within the first couple
of days but he had no regrets because
at least he learned that during an
internship rather than a full-time job
switch which you know he would have felt
more um
uh you know he would have felt more
obliged to stay in
so you know this is a it's a learning
journey not in just an academic sense as
navru said
um so yes that's the academic side and
then the social side
obviously with covid it's been very
restricted for for our class but i've
seen the
the experience that that students can
have and
we have we have made the most of it when
the restrictions have allowed us to
you know we've got the student
association has been booking
um outside seating for for dinners and
when the group of six
um rulers allowed um
park socials are a thing when again when
we're allowed
and like people are making so much
effort to really get to know each other
and meet each other whenever possible
but of course like technology has
allowed us to reach
different parts of the world um meaning
that
you know people who are unable to make
it to london are still feeling a part of
that social bubble which is amazing
um so kudos again to the school in
really implementing the things that are
helping us feel connected um and then
moving on to
the careers side and so you're going to
hear from the career center i think
christian
is going to be speaking to you in a bit
um and
the support is is profound um we have
the different
industry leads we have the different um
program leads so you know there'll be
someone looking after the
uh the mims the mams the mfas the mbas
the myths everyone will
will have someone that they can go
directly to for whether it be
coaching or general advice a cv
um sift or whatever it might be
um so the the career center is really
really supportive
um and i think one of the things a lot
of people have been saying during cobin
is sort of is it still worth
like the actual investment and i have to
say yes 100
because the roi is going to be exactly
the same sorry to sound like a business
student
actually no i'm not that's exactly why
i'm here um
like the the roi is exactly the same
whatever you're coming in for you will
get
out what you put in um and i
have absolutely no regrets whatsoever in
coming to lbs i think
it was the best decision i've made and
so i keep looking down at my notes just
to make sure i cover everything
um so one of the things um
uh alex mentioned is that i am a laid
law scholar
so i actually my background is that i
i'm from a
working class family um all in the uk
was the first generation to go to
university and i found that the
the the breadth of uh background
is huge at the school but there's a
support system within the student
community for whatever background you've
come from
so recently um there was a student club
launched
uh called fly which is flii which is
first generation
uh low-end intermediate income and
straight away people are able to tell
their stories to one another
and i think it really highlights the
point that francois was making which is
around diversity and inclusion how the
student body really does lead
in in making sure that the community is
is as good as it possibly can be
and it knows the work that it needs to
put in and we have
four sort of diversity inclusion
community oriented
uh student clubs um so i've just
mentioned fly
we also black in business was started
this year
um women in business has been around for
i think over 20 years now
um and then we also have out in business
which is the lgbt
um community for which i am the incoming
co-president so
please join um so every single one of
these has a
page um on a huddle on me to lbs so if
you're interested
in um if you are interested in joining
those
please do ask the questions that you're
curious to know about
and i can tell you that whatever it is
that you're after there's always going
to be someone who is
um who is there able to support you
whether that be from the student
community the alumni community
staff faculty everyone is in it to help
um one of the things i questioned before
i joined
lbs as a staff member back in 2018
was people always talked about this
network this power of the network
and part of me thought that it's like
you go to someone when you need
something
and it's like can you help me with this
can you help me with that etc
it's absolutely the reverse the power of
the network is that
everyone is always looking for an
opportunity to help someone else
as soon as you start talking about a
business idea someone will jump in and
say have you thought about this have you
thought about that why don't you try
this let me know how it goes and they
genuinely mean it and they say let me
know how it goes
and it's really testament to the to the
power of and the strength of the
relationships at lbs
um that you know everyone is so willing
to help one another
um and then the final thing i think
someone just posted a question i don't
know if i might just uh we'll be going
back to full in-person classes
i mean the typical mba answer to
everything is it depends
um i don't think lbs controls covert by
any means so it will really depend on
the state of the world but i can tell
you that the world
that the school has worked as hard as it
possibly can
to make sure that we have the best
experience that we can have
given the circumstances and so i guess
it'll have to be a watch this space
scenario
okay so i'm going to leave you with one
final thing
um i know francois already covered the
the story about
going to weddings all over the world
which is absolutely true by the way i'm
planning to do
hopefully christmas in argentina
february in brazil
i think i'm going to india at some point
early next year
it's going to be like it's constant
um but the one of the things that an nba
2020 said uh that i really liked
when he was delivering a talk at the
sort of graduation ceremony
um so his name's nasir gramma uh he said
when he first when he was sort of going
through the mba he kept having sort of
this imposter syndrome
and he kept asking himself like am i
world class because
most of the people or all of the people
that i'm around are world class and i
can
see that and the process of going
through the nba the ups the downs
you know the moments where you're just
like okay i need to really focus on this
one thing and get it done which means
you need to push everything else to the
sides
and just the the constant rigmarole
and he realized you know what i am world
class and i can tell you all right now
you've already made it in
you are admits of london business school
you
are world class so come and have an
amazing experience
and join the alumni community that
branswell keeps telling us about
um and be one of those people that gives
back to the community and
helps it become even better than it
already is i'm going to hand back to
alex now i think thanks so much
thank you so much rumi and for echoing
the sentiments about how
world-class everyone is including
yourself so thank you to rumi and
francois
for their personal messages and for
taking the time to join us today
i'm delighted to be introducing
professor julian birkenshaw
we have now have an hour-long session
there's a q a
as part of the session for the last 15
minutes
so please use the q a function
throughout to ask julian
questions that are relevant to his
presentation
julian is a professor of strategy and
entrepreneurship
and is ranked as one of the thinkers 50
a top thought leader
in the field of management julian is
here today to share his research showing
disruption is a much less common and one
nuanced phenomena
than it's often believed as i said
julian will be taking questions so
please use the q
a function for me to put over to julian
over to you julian
thank you very much and i am going to
share my slides so alex let me just uh
can you just confirm that those slides
are visible the myths of disruption is
that okay
they are visible thank you good thank
you so
um it is a pleasure to be with you i
realize that we are
distributed around the world in various
time zones
i'm sitting working in my home office as
i have been doing for the last
12 or 13 months and obviously we get
used to it but we're also
absolutely looking forward to being back
in
the real classroom and as rumi says i am
i'm teaching a course right now
um and i'm teaching it in the classroom
and typically
i've got about 30 or 40 students in the
classroom and another
50 or so joining by zoom and that hybrid
model
works pretty well um i'll be honest i'd
prefer it if everybody was in the
classroom
but we have to make the best of a
difficult situation and i think we've
done that
and i'm going to be sharing with you for
the next 45 minutes or so
some of my current research um
it's going to be very practical research
i've got no statistical analyses to
share
with you uh like many of my colleagues i
am writing both academic articles
and also books for business people and
this is very much
the book for business person audience
that i'm i have in mind
for this particular talk and i'm going
to make sure this is
interactive albeit in a very kind of a
sort of simple way um we've got the q a
function
and we've got the chat function are open
and the way that we're going to do it is
if you've got a specific question you'd
like to ask me which i'll take at the
end
put it in the q a but i'm going to be
asking you a bunch of questions along
the way
where i want your interaction i want
your feedback i want your
your comments because that helps us to
to make sure that the the story is one
that you're recognizing
to make sure that i've got at least a
sense of who you are
as prospective lbs students and of
course many of you
have already been quite successful in
your business careers so far i realize
we've got a real range of different
students from
from prospective mems who are who
haven't got any work experience through
to
mba's executive mba sloanes who've got
lots of work experience
and i'm going to divide my talk into
three pieces um
first of all talking about disruption as
a phenomenon then i'm going to talk a
little bit about
the organizational challenges of
responding to disruption
and then a little bit at the end about
you and your own personal
responsibilities and
a theme you've heard already from
francois and from roomie
which i'm going to echo is of course the
mba and the mem
and things like that are what what you
make of them in other words it's up to
you
to take responsibility and to ensure
that you get the most
out of the experience of a year or two
years
at london business school so
i'm going to ask you a question in a
fast changing and uncertain world which
businesses are best
equipped to survive that is a
fundamental
and basic question that has been asked
many many times over the years
who are these two old guys just type and
i'm not
i've no idea if i'm gonna get two
answers or 200
answers to this question i know there's
500 of us
here so if you could have i'm not going
to pick on anybody to
to kind of justify their answer
frederick
says the right one is schumpeter
and ibrahim says charles darwin i assume
you mean the left-hand one uh thomas
alexander
daniel maria charles darwin darwin on
the left thank you
you have already passed the first test
i'm getting more
more people recognizing charles darwin
on the left and one or two people have
recognized joseph
schumpeter on the right look you've all
heard of charles darwin
um and you have probably heard this very
famous
uh expression which is attributed to him
in which organized which species of
course he was studying species which
species
are the ones that survive the ones that
are most adaptive to change it's not the
biggest or the fastest
it's the ones that are most adaptive to
change and you've all heard that
expression indeed
goda is indeed offering that in chat
keep that chat
function coming uh on the right-hand
side joseph shampoo don't look i don't
mind at all if
if some of you've never heard of him he
is a world famous
austrian economist uh writing in the 30s
and 40s
he is the person who first coined the
phrase creative destruction
and you've heard that expression at some
point how does the capitalist world
evolve it evolves through creative
destruction
essentially what happens is new
companies come along they create new
opportunities
new offerings new services and they
destroy the old stuff
in their wake we make progress by
enabling
the creative destruction of the business
world and that is
part and parcel of any and every
successful economy
in the world now disruption has many
forms um creative destruction has many
forms i'm going to focus on one form
particularly
and that is digital disruption that is
not to say for a second that
the sustainability revolution doesn't
matter of course it matters
the whole equality diversity and
inclusion agenda is hugely important
but there's only so many things you can
do in a 45-minute talk
and so i'm going to focus on the digital
part of the disruption
agenda and it's a safe
bet that every company that you work for
or have worked for or are familiar with
that those companies are worrying about
digital disruption
this is data i took it from russell
reynolds the consultancy
and all they were doing with this little
study was they asked a bunch of chief
executives
is your business being disrupted will it
be more disrupted
in the future and the answer was yes and
yes uh more than 50 even in traditional
industries
and non-for-profit sector type companies
there is this worry
about disruption now you know disruption
means different things to different
people
but the starting point is this nagging
worry that that we're going to become
the next
kodak or the next blockbuster or the
next
nokia or whatever because those are
companies which of course
you know had it all and lost it all and
we know that that happens but every
chief executive or senior executive
wants to make sure that they are not the
one who becomes the next
london business school case study now
my research is absolutely addressing
this
this phenomenon but i'm doing it in a
critical way in other words i'm
i don't want to just blindly accept a
statement that everyone's being
disrupted because
the world is always more nuanced than
that
so next question for you and again i'm
just going to
ask you to answer the question and i
won't evaluate the answers i'm just
going to use them to get a sense of
where we are
here's a quote there's ample evidence
today's technologies digital
technologies will tear apart
banking as we now know it and create an
entirely new financial system and i have
a very simple question which is
guess the year that is a direct quote
from an article 1990
2000 2013 19
okay we're seeing a nice range and of
course some people are guessing
way way earlier um
1990 1970 says guillermo
um which and and to be honest i could
absolutely have gone back in time
i did absolutely use the word
digitalization for you so
so i i was already giving you a bit of a
clue it was
and i think a couple of people you got
this exact year but but most of you
didn't
the exact year was 1996. now why is that
a relevant year if you go back in time
to the dawn of the internet
now i realized that that was now a good
25 years ago so some of you were
literally weren't alive and many of you
were were really very young but i i
lived through that period
absolutely and the first round of the
internet
in the mid 90s there was a huge
excitement of course about what it was
going to do to the world of business
and this article by harry tattonis and
richard foster
a former mckinsey senior partner was
predicting that financial services
banking
would be completely and fundamentally
transformed by the internet
now has it been transformed by the
internet well yes
and no i mean absolutely there are
fintech companies out there you know in
the uk you've got
transferwise you've got monzo you've got
starling you've got a whole bunch of
so-called unicorn companies
that are transforming their little
sectors
of the financial services industry but
actually the story is more complicated
than that because
next time you wander down this you know
the main street in london or indeed in
your home city wherever you come from
you will see exactly the same brands as
you ever did
barclays bank lloyds bank royal bank of
scotland that west hsbc
i mean those are exactly the same banks
as existed when i was a kid
40 odd years ago so my point is
it's not true that actually technology
has
torn apart banking as we now know it
it has changed some parts of banking and
other parts of banking
have been almost immune so i
i see a spectrum and and it's as simple
as that there is a spectrum of
industries out there and on the right
hand side
you can take traditional photography as
a great example kodak
died polaroid died many of the
traditional manufacturers of
cameras have gone out of business
but on the left-hand side and retail
banking may not be the perfect example
but many aspects of retail banking are
remarkably resilient
immune even where the incumbent
companies continue to dominate
now i'm not saying for a second that
that is going to be the future
i'm not saying retail banking will
always survive in its current form
i'm saying that richard foster 25 years
ago told us
that banking was going to be disrupted
and the truth is much more nuanced than
that
there's always less disruption actually
happening
than people predict and that i've
absolutely seen firsthand
over 30 years at london business school
and and elsewhere
so let us put a little bit of
data behind this now again i'm going to
give you
a little question which i want you to
answer
now this i've got to explain this
question because it's quite a it's quite
a specific question
take the fortune 500 that is the list
of the biggest u.s companies buy
revenue okay so right at the top of the
list for example would be
exxon mobil and walmart the companies
which have the biggest
revenues and i did the analysis
looking at that list of companies last
year
and i compared that list to the fortune
500 list
from 25 years earlier and it's a very
simple question how many of those
companies did not exist
in 95 and i deliberately chose 95
because that's roughly when the internet
came along i'm seeing lots of answers
which is
terrific and i i'm not trying to be
scientific about this i'm just trying to
get a
a sense of the range of answers and
i am seeing numbers as
high as 450 and numbers as low
as less than 50. so this is really i
mean literally
every possible answer appears to be
coming through here i mean if i'm just
sort of
eyeball this in terms of averages
i'm actually going to say the average is
around 200 250. so
so there we go i'm going to tell you the
answer in a second i have used
this data many times with senior
executives as well as with
students and everybody
gets it wrong i'm just going to tell you
that up front um
i'm going to tell you that the person
who guessed less than 50 was correct
a couple of you people guessed 50 one of
you i think had
less than 50 right early on the answer
is
16 and if you say that's not possible
that doesn't make sense well the reason
i did this analysis is because
i was trying to correct a number of
myths
which are flying around out there and
you don't have to take my word for it
i'm just going to almost like prove
my point to you now i am being very
specific with my question
let me just share with you what the data
tells us
and the data says the following if you
take the fortune 500
from last year 200 of those companies
are kind of stalwarts mainstays call
them what you were people companies like
jp morgan
like walmart exxon proctor and gamble
all the big established names 200 of
those 45 companies
for 500 companies uh were around
as fortune 500 companies 25 years ago
but there's another 236
which are now in the fortune 500 but
were not in the fortune 500 before
however they existed
they existed they were not they are not
startup companies they are big
established companies they just weren't
quite big enough
to make it onto the fortune 500 lists
and then you've got another 52 companies
which are new companies by name
but are actually made up of old assets
so i'll give you one very specific
example mondelez
is a spin out from kraft heinz so
mondelez owns for example
cadbury's chocolate now is that a new
company well most people would say no
it's not a new company it's just simply
a repackaging
of an old company and there are
literally only 16 companies
on that list that didn't exist in 1995
and i've got the full list of them here
for you
there you go that is the list and the
key point is
you know there aren't any others now
there's lots of exciting companies out
there
who are are private companies or perhaps
not quite big enough
yet i'm not trying to deny that there's
lots of exciting new companies emerging
and in fact if i bring that analysis up
to date i would have to include uber on
that list because uber just entered the
fortune 500
last year but my point is that
we have all been hoodwinked we've all
been bamboozled
by stories in the press about amazon and
google and
netflix and expedia and we've kind of
allowed ourselves to believe that
somehow those
companies represent the norm and they
don't they are absolutely exceptions
now they're hugely successful exceptions
but the point is
that there's not a whole bunch of others
underneath them if you look at the rest
of the fortune 500
you see incredibly large amounts of
stability
and i won't do this analysis now but if
you actually divide it up by sector
you can see some sectors consumer goods
many industrial sectors oil and gas
where there have been no new digital
companies at all
coming through apple a couple of you ask
there you go you can chat amongst
yourselves ross asks about apple but of
course apple
was founded way before 1995. apple was
founded in the 1980s
now apple reinvented itself absolutely
but the point is that but apple had been
around before
so it's a fascinating case but it
doesn't fit my specific
definition and tom asks what if we look
at the fortune global 500
i have done that extra analysis um and
of course
the trouble with that if you look at the
global 500 is that you then get
into all sorts of issues around exchange
rates and
indeed political changes so the analysis
actually shows that if you look at the
global 500
it's even fewer than 16 because what
you've got
is a whole bunch essentially of chinese
companies coming onto the list
which were chinese sponsored
china-sponsored
companies made up of old assets do you
see what i mean so what china did
is it took a lot of companies which had
existed before gave them new names
and then launched them on the world if
you see what i mean so lots of new
companies coming through
but then when you look underneath in
terms of what's actually happening in
terms of those companies
it's a very different story so lots of
changes in the global 500
but the biggest single change is that
for example japan
has become less prominent over 25 years
china's become dramatically more
prominent
india as well brazil as well
so let me move on there's much more we
could say about this i'm glad to see
some stuff happening on
on chat and please by all means ask me
um
in the q a um someone asked about
consumer good
companies and i'll come back to that
point in a second a couple of you if you
are statistically inclined
might say to yourself but hang on you're
doing the analysis
the wrong way what you should be doing
is taking the fortune 500 list
from 1995 and kind of looking at what
happens to that list of companies and
i've done that analysis as well what you
see on that list
is that of those 1995 cohort if you like
35 of those companies actually did die
out
many of the others were sold but the
thing is when you're sold
you typically sold for a very good price
many of the companies
in the yellow bar on the left are
actually for example
banks and oil companies which were sold
to citibank or jp morgan or exxon
and sold for a very good price so in my
world view that doesn't count as failure
failure is when a company goes bankrupt
and the shareholders lose their money
so i'm making a case that disruption
is much more nuanced than you had
potentially realized and by the way
everybody as i say falls into the trap
of assuming there's more disruption than
there is
um i'm not denying disruption i'm just
saying
be careful here are three myths and
three realities
myth number one every industry is being
disrupted
not true retail has been disrupted tech
telecom media being disrupted every
other industry remarkably stable even
banking
secondly disruption happens quickly we
haven't really talked about this
but there's often this sort of sense
that oh my gosh we've got to act now
because if we don't act now within two
or three years we'll be out of business
and in fact it's incredibly rare for
disruption when it does happen
to happen within the space of three or
five years it took kodak
15 years to die the newspaper industry
the disruption of that started in the
mid 1990s
disruption of newspaper industry is
still going on today and many of the old
brands are still
hanging on albeit by their fingertips
and so in fact
it is the case that with a few
exceptions disruption is
a decades-long process and then the
third point and this is the one that a
couple of you are
touching on in the in the chat is
there's this classic myth that
established firms
don't adapt well if you put there's
books out there called why elephants
can't learn
to dance or you can't teach an old dog
new tricks
and old companies are often compared to
dinosaurs and the
the hard truth and this is the single
most important thing from the last 10
minutes
the hard truth is that established firms
across all sectors are kind of getting
smarter
they are finding all sorts of ways of
reinventing themselves sometimes that
means they're buying up
startup companies sometimes they're
doing a big internal
process re-engineering sometimes they're
using a range of other tactics that i'll
get into
but the point is that internal
reinvention
is actually working remarkably well so
you go back to my earlier point about
darwin and
and schumpeter you know it turns out
that actually
the capitalism works not just by new
companies coming along
but by existing companies reinventing
themselves
and there's nothing wrong from a kind of
a high level point of view
in having some companies going out of
business and other companies taking
their place
that is darwini darwinian evolution
but from the point of view of the
economy as a whole and stability and
jobs
it's much better that established
companies figure out ways of reinventing
themselves it really is
healthier for them and for their
employees and for their shareholders
so i have now got a couple of thoughts
i'm not going to spend very long on this
because we've only got limited time
anyway
just giving you a couple of thoughts
about how
an established company should respond
when faced with a potentially
disruptive technology so this would be
you know a big retailer or bank trying
to get to grips with
the internet revolution in the 1990s and
this could be disney and it could be
the wall street journal um i don't know
if you wanted to have a go tap into
chat because you've been very responsive
so far so why not more
what do you think the right response
when faced with a potentially disruptive
technology is just type a few thoughts
into chat on that and i'm going to give
you a couple of examples and i'm going
to try to
show you a range of responses understand
and adapt so
absolutely um a couple of you saying
buy it buy them out when you see a
startup in your space
buy it facebook has always taken that
attitude
facebook paid 19 billion dollars i
believe it was for whatsapp they paid
only a billion for instagram um
sometimes it's about sort of seeing the
merits of the opportunity and and sort
of
tackling that opportunity and grabbing
it yourself
all good ideas let me let me share with
you a couple of my observations
and i'm seeing a huge range of answers
which is which is very good news
um i'm going to give you my my view of
it but i'm just going to start off with
the kind of the conventional view
uh my former my former colleague my
current colleague gary hamel
who is a visiting professor at lbs he's
a he's a guru
he gary is the the guy who invented the
word
core competence the term core competence
and he's been writing about
business disruption for for decades and
he wrote this article 20 years ago he
said
out there in some garage is an
entrepreneur who's forging a bullet with
your company's
name on it you have one option you've
got to out
innovate the innovators he says your job
is to
to shoot first you and then indeed
here's another article i'm not going to
spend very long on this uh it was in the
sloan management review
at mit uh companies that adopt bold
offensive strategies in the face of
industry
digitalization will come out the winners
that is the standard view
and i am going to tell you that it is
only
partially correct i'm seeing some great
comments keep these coming i won't have
a chance to
answer all of them but the idea that we
would buy out competitors
in order to compete directly partnering
absolutely i love this point augustine
wait and
see take advantage of the learning curve
sometimes
waiting and watching is in fact
the smart answer so here is my
view of how you should respond to
disruptive technologies
and you won't be surprised to know what
from what you already heard that the
answer is a it depends
and b it's sometimes a number of
different
things all of which have their merits
uh we can start i'm sorry about the
shooting metaphor this was gary hamill's
language
some people find this distasteful let's
just genericize it let's call it boxing
let's call it
whatever sport you like we're not
actually shooting anybody
taking on the insurgents at their own
game fighting back this is literally
you know the new york times creating
an online version of the new york times
in
1998 to compete with
internet news providers and there's a
very well established logic for doing
that but i want to give you three
alternative strategies
the second strategy is what i'm calling
doubling down in other words
i can see that there's an insurgent
there's a new company
trying to eat my lunch my job
is actually to figure out a way of
competing with them
whilst playing to my strengths but not
playing to the strengths of the
insurgents so i'm going to start at home
on this one let's take london business
school
or indeed any of our business school
competitors and let's say
how should we be responding to these
online learning providers
like edx and coursera and emeritus some
of these companies you will come across
the ones that provide digital online
learning my answer to that is we fight
back
by reminding everybody that london
business school has specific
strengths things it's really good at
doing which no online provider can
offer and partly that is about the
face-to-face experience
and partly it's about building
high-quality hybrid experiences ahead of
the curve
sometimes it's about the faculty and
their research and their genuine leading
edge
insights that doesn't mean we ignore
online learning of course it doesn't
but it means that our strategy is to
continue to reinforce
what has always made us good rather than
falling into the trap of trying to
compete on somebody else's terms
so both of those strategies are
proactive they are progressive
but the truth is that many industries we
also see
a number of defensive strategies
one is a strategy of retrenchment
if you look at how big banks have
responded
to the financial technology revolution
what have they done they have basically
consolidated they bought out a bunch of
competitors
they have worked in lobbying style
working with regulators with governments
to essentially raise the barriers
to entry to make it harder for new
companies
to come in and there's nothing illegal
about that they have a very good reasons
to say
the security of the financial services
industry is important
this thing called blockchain for example
is a bit scary and a little bit
dangerous for financial stability
they've done a lot of cost cutting a lot
of consolidating of activities
simplifying their processes and so on
that's a legitimate strategy in some
senses and then the final strategy and
that might this might sound like giving
up
but it's not necessarily giving up is to
move away
to migrate to other opportunities we all
know that kodak
failed but less well-known is the fact
that fuji
fujifilm which was kodak's arch rival in
the 1990s
fujifilm is still a successful company
today
they could see that digitization
of imaging was going to gradually kill
the film
business so what did they do they took
their underlying skills and chemicals
they built a cosmetics business out of
that
out of that technology they built a
pharmaceutical business
fuji is that literally in the market for
covert drugs right now
so they moved away they said if we can't
compete there
maybe you can compete somewhere else now
i'm not evaluating these choices what i
am saying
is that as an incumbent company as
you're seeking to adapt to a digital
world
you should keep all of these options in
mind you should probably dabble in a few
of these things don't just pick one
whilst it's uncertain how the
digitization
of your sector is going to play out and
then at some point
as the future becomes future path
becomes clear
then you have to really kind of make a
big bet
and if you take a big automobile company
like a bmw
or a general motors or a volkswagen you
know at the moment most of them are kind
of hedging their bets a little bit
around electric vehicles and hydrogen
vehicles
hybrid vehicles sooner or later though
they're going to have to
really scale up whatever choice they
have taken so
you know fighting back against tesla
always involves a number of different
strategies whilst the
future is indeterminate at some point
big choices
will need to be made okay so
end of part one and i i'm only gonna
speak for another 15 minutes before i
open up
for discussion uh and questions so i'm
going to do this next bit
fairly quickly but there's a couple of
key points i want to get across
um i'm not gonna speak to this slide
i will make my slides available to you
after if anyone wants a summary of what
we just talked about
it's there on that slide but let me
spend the next 10 minutes or so
talking a little bit about how big
organizations actually build the
capability
to adapt to this changing world
okay and the way i like to think about
this is the following it's tempting to
say look we live in a super complex
fast-changing world
so we need to make our organization
complex as well we need to build
planning systems
and matrix structures and various
organizational methods
to help us fight complexity kind of with
complexity
and i think that what we should be doing
is essentially the exact opposite in
other words
we should be saying because the future
is unknowable
we have to be even better at handing
responsibility
to those on the front lines of our
organizations
so that we actually enable them to make
smart choices themselves we actually
have to simplify
our activities and the best way i can
and illustrate this is the following
this is a
a fun video i i picked it off the
internet
it is a traffic scene in i believe
hyderabad in india
and so obviously there's going to be
some people on this call from india
maybe you
you even recognize this street i don't
know and my question to you just type
into chat
as i'm showing the video the question to
you is
under what conditions does this work
it's going to look quite chaotic
but i'm going to argue that it's a sort
of functional chaos
so let's just show the video for 30 or
40 seconds take a look at it
and answer in chat under what conditions
does this
and there's a quick answer there when
people have already experienced it so
experience is important
it works only if nobody stops if
everyone keeps moving
um when everyone understands the rules
um it assumes that the other person
won't make a mistake
mutual understanding
everyone does the same thing so i'm
getting a very
clear sense of look there are a set
of implicit things that these means are
not written down on people anymore
but there is a set of implicit names
that particularly anyone who's grown up
in those streets and i would argue that
somebody you know does move to such a
city he can figure it out i mean
and those norms and rules of behavior
assume a certain level of
trust everybody else knows those rules
it assumes for example that we allow
the big trucks and the big buses to go
ahead of others as a general rule it
requires a certain amount of
certain amount of mutual understanding
and i'm going to move on because you've
done a great job
on bearing your thoughts on this um
it's a it's a lovely thought experiment
it's a thought experiment around
how does self organizing work
because as i say there is no traffic cop
there there's no set of written rules
and it's just a world apart from you
know
standing sit standing or or sitting in
your car
at a street corner in london waiting for
the lights to turn
to turn green and obviously london is is
more ordered
but it's a whole lot slower the traffic
moves much more slowly than it does
in in this in this city here
so let me just finish this story with an
example
almost to take it further example of how
that model
has been adapted to european conditions
there was a famous well famous in his
world dutchman called hans mondeman
and he inspired by by what he saw in
places like india
he actually brought that concept
of chaotic traffic back to
europe he persuaded a couple of towns
like the town of draxton
in the northern netherlands to strip out
their traffic lights
to get rid of the markings on the road
as much as possible
and to create his own version of a
free-for-all he called it shared space
and the simple point is that it didn't
take very long at all
literally a few weeks for the people in
this town
to figure out the new rules of
engagement and for me this is just a
beautiful metaphor
for organizational life because many big
organizations
try to create you know regimented
structures and processes
like we have you know in a city like
london
and organizations do this to create this
semblance of
order but the trouble is that order
comes at a cost and the cost
is people kind of lose interest
lose motivation they follow the rules
but they don't bring their creativity
their full motivation
to the situation and as a result
everything just moves a bit more slowly
and people are perhaps less creative and
less involved
in the work than they should be so my my
simple kind of takeaway here
is in the world of business particularly
large companies
less is more simpler management
processes whether that's about resource
allocation or innovation or whatever
then generally work better so
this is a um a hypothetical you know
obviously in a non-covered world you
would all be gathering in london
at this time and you'd have been
mingling in
an event like the one you see there uh i
want you just to try out this little
thought experiment
just for a minute you were introduced to
one of the
other people on this call and they say
to you
what do you do for a living now
obviously many of you will say i'm a
student
fine but imagine that you've got a
current job
how do you describe that job i mean by
all means put your
answers into into chat on this i'm not
going to have a chance to
to really review review those answers
but just you know think for yourself
what do you do for a living
what's some quick off the mark with job
title thank you
so that is exactly the first thing i was
going to say what you do for a living
the first thing you do the default
is you say i am john smith i am a
marketing manager
i work for this company and of course
many of us do that
it's very efficient it's very simple but
it's also a little bit sort of
de-personalized right
i see clemont says i help people see and
understand data so you're describing a
little bit more
what you actually do at work so i'm
going to come back to that point
my second way of describing myself and
this is something i do myself
is i focus on what i know my expertise
i am a professor of strategy and
typically i will say that i'm a
professor strategy
even before i say i work at london
business school because
as a professional and many of you have
professions as well
somehow that defines who i am even more
than the company or organization
i work for and then the third and this
is what clermont was getting at i think
is you know you can describe yourself in
terms of what you do
i've had people say um what what do you
do at work
i i heard cats i tried to
get people to deliver to the best of
their ability
i help people see and understand paper
whatever
the point is that it's a different way
of describing you yourself and it's
based on what you do
rather than what you know or where you
sit in some sort of formal structural
sense
and i i find this a really helpful way
of making sense of what is otherwise a
fairly dry academic point
which is that there are three generic
models of organizing
out there and one of the questions i'm
going to ask you in about three minutes
time is
which of these generic models of
organizing are you kind of living in
today
and i'm going to give you these words
you'll recognize at least two of these
words
you know the word bureaucracy literally
means
you know coordinating through rules and
procedures
and if you work in a bureaucracy
you know the job title that you've got
your position on the organization chart
defines you in a very practical
way it's a very efficient you know
classic sort of almost a germanic way
of of organizing the word comes from a
guy called max weber who was a german
sociologist so bureaucracy is good but
bureaucracy has its downsides because
it's a little bit slow
it's a little bit too rules-based it's
like in my traffic example it's
it's london rather than hyderabad
you can also think in terms of an
organizing model called meritocracy
you've all heard that term
most people would say meritocracy that
must be a good thing and
it is generically a good thing an
organizing model called meritocracy
basically privileges knowledge
expertise ahead all else so universities
are meritocracies
many professional consulting companies
and law firms
and accountancy firms are meritocracies
knowledge
is power wisdom is admired
and then there's a third model and we
can call it ad hocracy
which means that we are privileging
action
so an organization where people define
themselves in terms
of what they do rather than what they
know or rather than whether this is an
org chart
is in my worldview and adequacy there is
a bias
for action in an advocacy
my biggest priority in advocacy is doing
something so if you think about any
startup company almost by definition
that is an ad hoc receipt lots of
manifestations
of advocacy in the real world i'll just
give you two examples on the right hand
side
many of you nowadays will be very
familiar with so-called agile
as a way of working you might have come
across scrum as a particular
sort of species of agile working
on the left-hand side you see a skunk
works unit within the big italian energy
company called
nl it's called nlx you might have heard
of google x as well
and a skunk works is very often the way
the term we use to describe a little
organizational unit off to one side
deliberately working super fast with
very very few rules
trying to like move the speed of the
internet as it were
when the mainstream company is stuck
moving in a much more traditional way
lots of manifestations of our ad hoc
quickly out there
and underneath each of these three
models we see a whole
set of almost like management practices
how we make decisions
how we coordinate activities how we
motivate people
and so forth so there you go i thought i
would introduce this concept it's a big
part of
my most recent book called fast forward
and it's a concept which is very
relevant to the first part of my talk
because obviously
if you are a big organization and you
are seeking to
you know disrupt yourself to reinvent
yourself
and it's fairly clear i think that the
ad hocracy
is the more attractive of these three
models
as a way of getting things done quickly
so here's a just a quick question we're
not gonna
spend very long on it at all i am just
gonna ask you um to share with us
just for fun really which is the
dominant organizing model in the
business you work in today i realize
some of you
are not employed in companies so if
you're just a student and you never
worked
feel free to not answer this question
but certainly any of the
mbas in the audience and many of the
others will have worked for an
organization
just just type in i'm just i'm just
curious i mean we're not going to
evaluate this and i'm seeing
uh guess what i'm seeing a mix uh i am
absolutely seeing
a couple of more than a couple quite a
few ad hocracies
i'm seeing a lot of meritocracies in
fact i'm seeing arguably even more
meritocracies
than bureaucracy so so good look i
um i'm glad to see this certainly when i
do this exercise with
experienced seasoned executives
you know they will typically say look in
all honesty we're a bit of a bureaucracy
but we would like to be more of a
meritocracy
or an advocacy and absolutely the way
i've been telling the story today
is all about that shift as it were from
bureaucracy
to advocacy and meritocracy
that is the organizational journey that
many companies
are going on and a lot of my research is
all about
how can we actually kind of make that
happen everybody wants to do this
but many of them are failing to do it
quite as well as they want
so um lots of very thoughtful comments
here by all means
let's ask some questions about these
later so
to finish this part and then i've got a
little coda before we go up to questions
what should establish firms do
differently lots of things they can do
simplify as i said pushing decision
making down
trying to use some of these agile and
related methods
and make sure that you've built that
competence and mindset to get people
taking responsibility but i want to
finish with
you know what can i do in other words
and i realize that you're all
coming to london business school or
maybe somewhere else i realize
that you are planning your careers in
terms of
of a business school elements to it but
imagine you're staying at your company
and you're trying to figure out how you
can make progress
you don't want to just wait for your
chief executive to see the light so i
want to just
share one brief anecdote before we
finish about taking personal
responsibility
you think you've heard this story before
right uh this is the
uh chart of the high jump world record
for men
and my simple question to you is if you
look at that chart over 100 years
there was a period in the early 1960s
when the the world record was
was broken seven times what happened in
the early 1960s
just type in your answer there a new
technique was brought in fosbury flop
like the style change thank you all of
you
are as correct as i expected you to be
in other words
i am fishing for the answer you gave me
which is that a new style of jumping was
invented
but it's actually slightly subtler than
that because what happened was
and i'll take this i'm just going to
make 60 seconds for this
story and then i'm going to stop talking
um it turns out that
in the early 60s that was the tail end
of the kind of the previous
jumping regime which was actually called
the straddle jump
and the two people who were competing as
world champion
second best john thomas and valerie from
it was their head-to-head rivalry
actually which drove that seven
seven times world record um feat
but at the same time as they were
breaking the world record seven times
this young man from oregon in the us
called dick fosbury was experimenting
with a new style of jumping so i
actually went back
into the archives to figure out his
personal
best as a high jumper in that period
and the short answer is he was quite a
long way off
world record pace and his coach indeed
said
you know why are you experimenting with
this new style of jumping quite honestly
if you just jump the proper way the
normal way
you might be right up there with john
thomas and valerie brumel
but fosbury ignored the advice he kept
on getting better with his new style he
stuck it out he believed in his new way
of jumping
he showed up at the olympic games in
mexico city in 68
he was the only guy who was jumping over
the bar backwards
and he won the gold medal and at that
moment everybody else said wow that's
really cool
perhaps we should try this style of
jumping and indeed if you look at the
world records in the years after that
what happened was several of the people
who learned how to jump over the bar
backwards
following fosbury's footsteps they're
the ones who actually broke the world
record it wasn't fosbury fosbee never
held the world record
but he actually pioneered the new style
for others
and so my my bottom line is the
following which is that
you know you can look at the high jump
industry just like you'd analyze i don't
know
the pharmaceutical industry or the film
film industry and say look we've seen
these waves of different
styles of jumping or technologies or
whatever you want to call them
and the fosbury flop took over from the
straddle jump as the best way of jumping
but the point is it didn't just happen
it happened because one guy
took it upon himself to break the rules
and it was
his initiative and his his persistence
his stubbornness even that enabled
everybody else to benefit and so i
really do think of dick fosbee a little
bit like
elon musk and steve jobs before before
musk you know
these are the unreasonable people who
break the rules who deliberately look at
the world differently
and try out new stuff and my simple
point is that
we you know i'm emerging you i'm urging
everybody to
to be a little bit unreasonable in terms
of challenging the rules taking personal
responsibility
trying out your new ideas whilst
simultaneously recognizing
that actually that's very very difficult
to do
because of course even elon musk doesn't
get it right every time he's had some
completely crazy ideas which didn't work
and quite honestly he's quite a
difficult guy to work with no one
pretends that working with elon musk is
easy so
i encourage you as you come to lbs to
think in terms
of what you can do differently to not
just help yourself but to help
others and to think in terms of your
role your future role as leaders
as as trying to ensure that you get
people around you
also taking initiative and trying to
develop things which others can benefit
from
so i am gonna stop there and i'm gonna i
realize i've gone a few minutes over
apologies for that alex but
um hopefully uh we kept everybody
involved and interested and we'll take a
few
questions i guess yeah we've had a good
number of questions come in
and so somebody has asked why does the
fact that the fortune 500 exists
largely unaltered serve as evidence that
every industry is not being disrupted
yeah so what it says is and i'm going to
be sort of semi self-critical here i
mean i know disruption is happening
but remember that the fortune 500 is a
list
of the biggest companies by revenues and
very closely correlated with revenues is
also a number of
employees the biggest employers in the
in the in this company in this list
are also the highest revenue companies
like like walmart and so forth
and so my point is that that the part of
the story that we typically focus on
in the business press is the new stuff
the stuff that's changing
and all i'm trying to do is to alert us
to the huge majority of things
which are not changing and and that and
that's it's simply a
a sort of a balance that i'm trying to
to get across here
and to say that that if we believe the
press
you know we would be seeing you know the
walmarts and the exxon mobils of this
world
actually going out of business and
that's never going to happen as far as
i'm concerned
um i mean i won't say never because
that's a very dangerous word but
if it does happen it's not happening on
a 20-year time horizon it's happening on
a
50 or 100 year time on race so there you
go
much more to say on that but i'm going
to make sure that we get a few more
questions thanks julian we've had a few
questions around sort of
meritocracy advocacy and
could both be appropriate depending on
the pace of the industry
assuming both are better than
bureaucracy yeah
so it is obvious to all of you i hope
that
these models i mean i've defined them in
kind of
pure forms but the hard truth is that
any large company
is going to be a combination of forms in
other words you know each of those
models
has its benefits but also has its costs
um and when you're working in a large
company almost certainly what you end up
seeing
is some parts of the company are very
bureaucratic
and other parts are much more ad hoc and
you know your job
as hypothetically you know a senior
leader
is to make sure you use the right model
for the right circumstances so
you know silly example uh but if you
work in a nuclear power plant
right i would encourage you to use a
bureaucracy
because following rules when you're
working in
nuclear power is a very smart thing to
do we don't want people coming in and
changing things
and trying new stuff out so it is
absolutely appropriate
to think in terms of the combination of
these models rather than one model
ahead of the other but you do ultimately
need to choose in other words
if you are trying to run an organization
which
is both doing some very boring
established stuff and making money from
that
whilst also creating a kind of a new
internet business on the side
you've got to make sure that you give
each of those two different businesses
its own set of operating activities
its own style of management its own
measurement and incentive systems
otherwise you can be pretty sure that
the traditional bureaucratic structure
will kind of suffocate the ad hoc thing
on the side
almost always ad hoc currency loses out
to bureaucracy so there you go there's a
couple of additional
thoughts on that point
great thank you and somebody's asked if
standing in the position of innovators
what is your strategic advice for them
to make disruptive impact to the old
giants
yeah as an innovator as a sort of
startup company or whatever right
yes sir look i mean there are
you know hundreds of great examples of
you know disruptive innovators but there
are also thousands of examples of
you know want to be disruptive
innovators who have failed and
and of course you know you could we have
entire courses on
on this topic at lbs you know but the
the starting point for any
wannabe disruptive innovator is
to have some sort of point of view
on the future ideally allied with some
sort of
technology or some sort of great insight
into how the world works
that gives you an opportunity to make a
start and when i say make a start what i
mean is that
you know you don't ever plan to take
over the world when you first start what
you do plan to do is to solve
a specific problem for a particular
customer segment
we often talk about what is the what is
the problem that you're trying to solve
what is the
user who is frustrated with an existing
offer
whose problem you can solve and as long
as you've
got a wedge in there then you can use
that to snowball
out from that so you know it's very rare
that you come up with some really cool
idea that nobody's thought of before
but you can start with some small group
you can work from there
and of course tenacity is a huge part of
it i literally do not know any
entrepreneurs who kind of succeeded
first time
every single one of them has had to
struggle for three or four or five years
before
making any headway
thanks julian maybe a sort of similar
question there then you mentioned about
companies maybe dying off and then being
reborn but
what's kind of the common mistake that
companies who die in the time of
disruption what are the common mistakes
yeah
it's a great question and you know you
say what where did you know
nokia or kodak or blockbuster go wrong
and in every single case they
they could see that the world was
changing right in other words
it would be completely wrong to say that
somehow nokia didn't see the power of
the iphone or the kodak didn't see
digital imaging
kodak put more money into digital
imaging technology than anybody else
through the 1990s so where do they go
wrong
they see what's coming they they
dabble they put money in you know the
analogy to the titanic
and the iceberg right they invest in
iceberg monitoring equipment
and they form iceberg committees but
they don't actually steer away from the
iceberg
in other words it's very easy
to kind of try out these new
technologies but it's extremely
hard to make the huge commitment
to change at the right time this is
often called the innovators
dilemma and and the point is that the
companies that failed
they could sort of see the writing on
the wall but because of their
decision-making structure they were
unable to really kind of turn the ship
around at the point when they actually
could
do so and it is fascinating to observe
that the companies that
are able to reinvent themselves almost
always
have either a very very dominant chief
executive
or founder like a jeff bezos or perhaps
they're privately held
and they can do things away from the
spotlight it's much easier
to make the difficult decisive choices
when you don't have to persuade
hundreds of different stakeholders
thanks julian i think we've probably got
time for one more question
um so somebody has said you know we've
heard a lot of chatter about
cryptocurrencies being
disruptors of the financial industry and
with companies like tesla now accepting
bitcoin
and many emerging economies
experimenting with digital currencies
do you think we're at the customer
evolution and it's um
it's a great question and indeed just
last week uh the course that i was
teaching
which roomie is part of uh we
deliberately discussed exactly that we
discussed jp morgan's
strategy for coping with blockchain and
most of you know this but i'm just going
to
remind you you have bitcoin and
ethereum a number of different so-called
crypto currencies
but they are all built on the so-called
blockchain technology that underlies it
and blockchain technology can be used
in many many different applications
so is blockchain going to disrupt
many other industries you know i will
personally put money on
it not doing so and for example you take
the banks you take the jp morgans of
this world
you know they are investing a lot of
money in understanding
blockchain technology figuring out
applications
for it and the one big thing they've got
which the kind of the bitcoin
enthusiasts forget
is that essentially this is such a
regulated industry
that the big banks and the central banks
and the financial conduct authority and
all the other regulators
are incredibly nervous about allowing
any of these so-called cryptocurrencies
to
kind of take off in an unregulated way
so what we are seeing today and this is
more technical than most of you really
want
is we are seeing the emergence of
so-called permissioned blockchains
and what that basically means is we're
using the technology
but we're putting a wall around it and
we are making sure that we do it in a
regulated way
and that is the means by which the big
established players will continue
to embrace that technology and use it in
a way
that retains their dominance so my
personal view day
i could be wrong my personal view today
is that blockchain will not
disrupt the financial services sector
thank you julian you heard it her first
everyone i know that
there's been lots of thank yous flooding
in for julian's talk so
thank you very much for everyone for
attending and for julian and for giving
up his time today i think everyone's
found it a really
inspiring and enjoyable lecture and
thank you for taking
q a and we're heading now for a short
15-minute break
and we posted the link to the next
session
already but um check out your emails as
well if you're not sure what that is
and do take the time to check out the
social media posts
and comment with your class on there i
can see lots of you are getting involved
on instagram already
we'll see you on the other side of the
break at the career center session
thank you

---

### "Careers Today" with Christian Dummett, Head of the Career Centre | Admits Welcome Event
URL: https://www.youtube.com/watch?v=JDhSPORS-ZU

Idioma: en

before joining lbs christian spent 27
years in finance
across a wide range of roles in the uk
and internationally
over to you christian thank you very
much alex
and uh welcome everybody to um to this
session
my congratulations on being admitted to
london business school
if you read the financial times uh this
morning you would have seen
uh an article about how london is indeed
the best city in the world i've always
believed that it's certainly the best
place
you could possibly come to study
business so you've definitely made the
right choice and uh
congratulations for being admitted and
what i'd like to talk to you
about today um is is a little bit about
my career and what i've learned from my
career
and and how that might help you uh
achieve much better things than i ever
achieved because i never have been
promising school
so you will have the advantage of at
least having been to business school
and uh a part of my career was actually
characterized by
identifying talent recruiting talent
mentoring talent
and actually helping talent achieve much
greater things than i ever managed to
achieve myself
so without further ado i'm just going to
move on i'm not going to talk so much
about employment reports today
you will get the chance to um see the
employment reports that are on the
the website by some links which i think
my colleagues are going to share with
you
um they they will give you a lot of
information but what i'd rather focus on
is
is the pandemic today and the fact that
from the pandemic new opportunities will
arise
and also some some ingredients that you
might think about using in terms of your
your next career search and indeed how
to progress your career once you started
um on a new journey so a little bit
about myself so i spent 27 years in
finance before joining
london business school eight years ago
um and i i've put this
this this slide up not so much to say
what a great career i've had but more to
show you that actually i've managed to
move around a lot and part of it has
been necessity borne out by some of the
facts that are on the right hand side
of the page and on the slide you'll see
in blue some of the
more positive things that have happened
i'm i've tried not to be political but
um when i've mentioned um political
parties it's more because
majority governments have actually led
to more stable environments
um and in red you've seen some of the
the nightmare
situations that i've lived through
throughout my career and each time
um there was a fluctuation my job was
impacted in one way or another
um either in terms of the work that i
was actually doing or indeed i may have
been made redundant
or been forced to move and look for
something else
um and some of the things that have
helped me throughout that i'm going to
talk about in just a second
but the the important thing to note here
i think is is that out of every crisis
come new opportunities
and you you couldn't be coming to
business school
at a better time to be honest with you
because this is going to be the dawn of
a new era what the new opportunities
will be i don't know
what the next crisis will be i don't
know what the new opportunities
thereafter will be i don't know but the
one thing i can assure you is that
throughout my own career there have
always been new opportunities out of
every crisis
and i've had to reinvent myself many
times by delving into my past
and thinking about how i might look for
some
some way of crafting my skills using my
skills
for a different purpose one of the
things that you'll notice
in the bubbles either side of the jobs
that i've done
one of the things that was most
important could you just put yourself on
me please sorry if you're not
um one of the things that's really
helped me throughout my career
in one way or another is a network
either a personal network
or a professional network or just the
ability to go and network and talk to
people and i think i'm going to talk a
little bit about that
in a second so if i move on to some of
the the
key ingredients for progressing your
career or indeed reinvigorating your
career restarting your career
once you graduate from business school
the first thing i think i'd like to talk
about is
self-motivation i think this is really
important so
this is your typical business school
student at a weekend climbing a mountain
self-motivating to get to the top
and this is really critical although we
in the career center and indeed all our
colleagues at london business school
faculty and staff included
will support you and partner with you
throughout your journey
it will be down to you to make the most
of the opportunities that we put in
front of you
or the opportunities that lie outside of
the school self-motivation is going to
be really critical to your success
and indeed self-motivation is going to
be really critical
to you when you start your new job
because
in today's world a lot of the jobs
actually involve working from home
and actually having to take
responsibility and being accountable for
yourself
on a daily basis every morning for the
last year i've had to self-motivate
myself
to really make the most of every day and
um support the the the career center in
any way that i possibly can
and some days that's really difficult
because this has been a very lonely time
for many of us
and i'm sure in the years ahead this is
a this is going to be a characteristic
that's going to define
whether people are successful or not so
self-motivation should be at the top of
your list
um and you can you can get
self-motivation in many ways
and partly by by by working with your
own network your personal network
turning to friends
and to colleagues but it's going to be
incredibly important
more than ever going forward the second
thing uh i think that's been very
important for me
um and i think will be important for
everybody is the curiosity to expand
beyond one's own horizons so you may
have a very
clear idea of what it is when you uh
graduate from london business school
that you want to do
but actually there are many more
opportunities and you can possibly
imagine
and we would urge you to really think
and look at uh
think about and look at opportunities
that you wouldn't normally look at
and i indeed would encourage you to read
articles in newspapers and journals
that you wouldn't normally read so that
you learn about things that you wouldn't
normally
choose to learn about because those are
the things that will help you
when events are beyond your control
and career choices are made for you in
in times of crisis and that's when
you'll actually need to be able to
look for those opportunities in areas
that you wouldn't previously have
considered so it's very important to be
widely widely read if if you like widely
knowledgeable about what's going on in
the in the wider economy beyond
just the area that you choose to work in
or research
um and then the third thing is it's very
important to
to self-examine this is of course a
picture of socrates who
uh coined the maxim know thyself um
it's very important to to to delve into
one's own past and one's own experiences
and identify
one's own strengths and one's own
weaknesses and indeed one's transferable
skill set which we talk a lot about
within the career center
and this is incredibly important
self-awareness is something that i
certainly look for in every
candidate that i interview for for
london business school
and most people will look for in a
candidate
so the ability to be very honest about
you know what it is that you can do what
it is you can't do
and either address that through
professional development or just
accept that that's a part of who you are
and be honest about it
and uh work work out how it is that you
you get around that so for example
uh one of my weaknesses is i'm not very
much of a data person which in a
business school doesn't sit very well
i tend to shoot from the hip and so i've
had to learn to
to rely a bit more on data than i than i
historically had to
but the reality is is that i'm the type
of leader who prefers to
uh act on my intuition um that comes
with many positives and it comes with
many negatives but it's something i'm
very aware of and i'm very honest about
when people interview me so please
think about the your ability to
uh to look at yourself and be honest
with you with yourself about what your
strengths and weaknesses
are and what it is that you have to
offer and once you have that
and once you're confident um of your own
strengths and weaknesses
and what it is that you have to offer
what your style of leadership might be
you will then start to create an error
an error
an aura of self belief you will be able
to think about
presenting yourself in a way that really
puts you in a good light
and a confident light and that will
shine through when you're talking to
other people
if you don't believe it if you try to
put on a persona and you try to go for
jobs
that you're that you don't believe that
you're right for
you'll never convince anybody to hire
you um and this
isn't just true of your post-graduation
uh career it's true of
um it'll your job it'll be true of any
job that you go for
in the future so the ability to actually
believe your own story
and create that story and make it new
together is going to be incredibly
important we in the career center will
help you define that story
and and gain that self belief and one of
the things that i always say to
students is um please don't ever come to
career center and say
ask the question do i have the right
background to do such and such a thing
for example
your background is your background you
can't do anything about your background
but what you can do is you can delve
into your background and take the skills
that you learned
as part of your background and knit it
into a story weave it into a story
that you can sell to others and indeed
the whole point of business school is is
that people are transitioning from one
background to another
and we are certainly here to help you do
that
and then of course the the final thing
and of course these are just five things
that i've chosen
among many other ingredients that are
important for a successful career
is the network the the the ability to
network is
and have the confidence to network um is
important
and having the courage just to reach out
to people and build relationships is
important
and one of the things that we'll talk to
a great deal about from within the
career center
is the fact that you know when you go
networking you shouldn't network to look
for a job but you should network to
build relationships
because it's when you have relationships
with people that they will turn to you
or they will talk to other people about
you
and the jobs will come to you so think
about networking as relationship
building rather than job hunting
and that might seem very daunting for
many of you i know uh for many cultures
um
networking isn't a very natural thing uh
it's something we're very experienced in
at london business school
uh we have a whole course on networking
which is offered to to admits before
they start their
their programs um and it is something
that we will help and support you with
um but networking is going to be
critical to you throughout your career
as indeed it has been uh for me uh
throughout mine so those are really the
things that i wanted to talk about i'm
just going to finish
finally with a slide that just tells you
a little bit about what the career
center
has in terms of resources and what it is
that we offer to you
and and what i urge you to do my
colleagues will allow you to do is to
really
leverage our expertise to further your
your career
our our expertise lies in career
coaching and advice
uh we have a our own career curriculum
in the same way that a
faculty will have its own curriculum we
have we have our own curriculum
um and obviously we give you access to a
wide range of career
opportunities but please do bear in mind
that the career opportunities that we
offer you
um are only a very small subset of the
total career opportunities
that lie in the wider economy and we
would urge you to
exercise curiosity and look beyond what
it is that we offer on campus
although it is copious and very
fulfilling in its own right
many of our students choose to pursue
opportunities that they have found
outside of out of campus and all of that
is of course is
is underpinned by the insights that um
that my colleagues in the career center
uh almost all of whom have had
commercial careers or
uh educational careers in their own
rights uh we'll be
sharing with you in the years to come so
i think that's my 15 minutes up i think
i'm bang on time
i'm going to stop sharing and i think
i'm gonna hand back to
alex is that right

---

### Masters in Management Career Centre Session | Admits Welcome Event
URL: https://www.youtube.com/watch?v=ioDxM-lDcCc

Idioma: en

great well welcome and really good to
see you
i i know it's been an interesting um
session or interesting sessions for you
today
and i'm yeah really pleased to be
hosting the mim bra
and breakout room so the idea of the
next 45 minutes
is i've got a few slides to show you
which i thought would be helpful
just to go over a few kind of a few more
details about what you'd experience
and what you will experience with the
career center with us in particular
and then obviously we'll we'll open up
for questions and we can just have a big
discussion um about anything that's on
your mind
and what i would say is just stay on
mute for now um obviously put your
cameras on if you can cause it's good
for me to see
um all your faces and then what we'll do
once i've
sort of showed these first slides um
you'll be able to raise your hand i
don't think we can use the chat
necessarily
in this function um but um you can raise
your hand and then we can do
questions um from there so hopefully
that sounds good so
what i'm just going to do now is just
share my screen
um and what we wanted to do really today
was just
like i said take you through a few more
extra details of
what we're about at the career center
just following on from christian's um
slides just then so if i move across so
a big introduction
from us um so my name's amy chandler so
i'm one of the career coaches i've been
at lbs
for almost the past two years i've had
one normal year as such and one year
in a very strange um situation as you
can tell you can see my background in
this picture was last year and i'm still
in the same background
um in my house so things have been a
little different from us since
last march but we have continued on and
and the students have had some
fantastic successes regardless which i'm
really happy with
um so i'm joined here by so kira is
actually your mim
and she's the mim and mam career lead so
she's in the mam room
today and we've got kelly mfa lead and
caroline's same as me as a career coach
across all of them so we're quite close
team
and what's great about it is that
obviously we look after
across early careers all together
so there is a bit of a um we definitely
encourage you to sort of mix and network
together even though there's those
different types of programs so just a
hello from us we have our mailbox there
so we kind of manage that mailbox all
the time but obviously
throughout the year you'll build a
relationship with us personally
um as well as that but just it's we're
always there kind of to help and support
you
so moving on what does the career centre
do so i won't talk too much about this
because i know christian
mentioned this before but um essentially
there's some really key things we want
you to have
um when you come into the career center
and start looking for that next job
but also things that you'll gain
throughout the time as well so we want
you to be able to know what you have to
offer so really throughout the summer do
some of that thinking about what skills
you're bringing
or experience you're bringing is really
important understand the market
so start to do that research throughout
the summer about what what is out there
and we will help you to
dive further into that later on as you
join with many many sector sessions that
where you can find more things out and
resources as well
create the tools to market yourself
effectively so there's that huge area
around interview
technique practice linkedin and just
being able to really put yourself out
there we do a lot of practice sessions
etc
and finally building relationships
through networking activities and events
so one
as christian mentioned earlier
networking hugely important even more so
in this current climate
and we will help you to a lot of our
coaching conversations actually is
around that you know how do i build the
best impact
get the best relationship how should i
be utilizing the people i'm
meeting and seeing and even virtually or
in person
so those are just some of the things we
do to sort of proactively help you
and nurture your career over the next 12
months
and beyond so um i think christian
mentioned this here so
with coaches myself kyra kelly and
caroline
dedicated to your program you'll also
have access to sector leads as well who
are there to support you and they go
across
all of the different um programs but you
will be able to see them one-to-one as
well
so very much from a career coaching
perspective we're here to kind of give
you
ability to reflect evaluate your skills
think think think where you are
just even if you just want a
conversation about where you are in the
process that's what we're here for
and then sector understanding is exactly
what it says it's kind of understanding
a bit more into that what's the
processes and
you know what what happened what could
you expect so there's a bit of
one-to-one
appointment stuff there there's also
career learning so we have
many workshops throughout the year and
i'm going to show you a quick timeline
shortly
also many resources online which i'll
talk about when and how you get access
to them
and also career opportunities do we have
our own jobs board
you'll have access to that you'll also
have access to networking opportunities
where companies and alumni have
jobs going they have roles available so
there's all of that sort of that you'll
have access to
and all of it's sort of helping you
develop both insights about yourself but
also looking at the market and where you
may fit
so i'm just going to show you through um
now very
quickly here's just a bit of a
difference about what you'd expect from
a coach
and a set to lead so for a coach we do
many of these things with you so as i
said before one-to-one support is very
much a rich experience
and sector advising also the same and
you what you might do with a sector lead
for example is go and speak specifically
about an area
um we also have peer leaders so we have
mba students
um in their second year who offer to
support early career students so they
would
come along and to they'll have
one-to-one sessions for you to book so
you can do that side as well
and across all of that you can do
various things so we've just got
practice mock interviews there as an
example but
it kind of embroiders all of those
different areas
so just to give you a bit of an insight
into the types of things you want you
may expect
over the year so in terms of recruitment
we very much do start in from the summer
so if you're looking
at things like asia usa structured
programs for banking consulting and
tech so that's for graduate programs
structured hiring
very much starts early on as you can see
it goes all the way through to october
so if that's what you're interested in
it's really good to start thinking now
what will your plan be and we'll have
some specific things over the summer to
help you think about that
then for further recruitment for
structured programs in
other areas so consulting diversified
sectors asset management big tech
a little bit further across so not maybe
as early and that tends to be for
you know the uk and europe side so again
we always advise put back to you to make
sure you know when and what
timelines will come up but we can
support you with that and then as you
can see a bit further on recruitment for
internship and full-time consulting
um in local offices off-cycle
internships and direct hire all happen
towards the end of the year so it's very
much a 12-month process
and we advise of course that you think
about the whole
year don't just put all of your efforts
into one of these things it's very very
competitive so
the idea over the summer ideally is for
you to start thinking what what will my
journey look like
which will i be going for and when so
you really have an idea on where your
energy is best put
and then from our side so that's kind of
where the jobs are coming from
and when then from our side this is what
you'll get from us to help you with that
so summer support series we ran last
year for the first time and it was
hugely successful if any of you've
spoken to any of last year's students
you may have heard
of that already and but we have various
things that happen over the summer to
help you get started
various workshops we'll also give you
access to something called um vmock
which
where you can upload your cv and and
start to work on your cv and you'll get
access to a one-to-one cv review with
one of us
towards the end of the summer into the
autumn as well
and then from september it really sort
of um it gets exciting because we have
lots of skills workshops so it's a real
and buzz of an experience there's lots
of different things happening
including career skills workshops but
also um networking opportunities to
invite a lot of our alumni
this year's been virtual pretty much and
we've found that actually we've been
able to get an
access to so many more people globally
which has been amazing so
something good has come of that and
we've been able to access people in asia
and the us and all across the world
because of the the ease of getting
people to attend things so it really has
broadened people's networks
and then into the spring so we see
spring as another term and
particularly if you're looking at
certain certain areas here we again kind
of reignite some of the workshops again
to help those still seeking
and think about what else should they be
doing
just as a highlight here as well only
about 30 percent of our students get
jobs in the autumn term
so it's very much most people will be
still be seeking into
that spring and that's not a bad thing
at all that is very much a normal thing
and so that's why we continue on
throughout and then just at the end
there one-to-one coaching and advising
kind of goes on
throughout the year as does the jobs
board and the online resources you will
receive
so just before i i do want to open up to
questions um
very very soon so what can you do now to
better prepare yourself so
big advice from us um is to be as
successful as you can be in the next
kind of
12 months think about what you want to
achieve why do you need a master's at
lbs to achieve this
so what what are you trying to get to
and that doesn't have to be an exact
role necessarily but even if it's skills
you want to build
you know experience you want to build
what is it you're trying to get to and
that's really important thinking to do
what do you want to be different so from
what you've been doing now some of you
might have some good work experience
already so what are you looking to gain
post that do a skills audit so think
about i said earlier
skills and experience you have already
but also what you want to gain to really
think about what
what there is available something else
that's really important to us and
to you as well is what your intrinsic
motivations and interests are so
some a lot of people come and they're
not sure what they want to do they want
to do something bigger and better but
they don't know and so that that can be
quite difficult to really start figuring
out what you enjoy
and talk to people you know what have
you been good at before
and what what do people give you
feedback on all of those things so that
you can start thinking about that why
and be realistic one of the biggest
things we will say
after the last few years we've had be
realistic about what you're going for
it's highly competitive
you need a few different options on the
table to
to look at in terms of whether it's
banking consulting diversified
all these different areas really think
about a good few options and we can talk
to you about that as you join
it's really important that you have some
lined up because it you do not want to
be disappointed early on
and feel lost so the more you can do
over the summer to think about what
would my other
journeys be this is what i really want
and here's some other options would be
the best thing
and and then we've just got a couple of
things here so use the following
resource
resources as you can to research the
market if you're still with a current
career service use what they have
they'll have a lot of
um resources there
dot prospects.ac.uk is great for
industry and job profile information
and i would mention that actually is um
actual role itself is really important a
lot a lot of our students don't know
specifically maybe what role it is so
that's another really important part of
the research not just
what company it might be or industry but
also and what type of role
and then use your linkedin start
building that network who do you know
already
undergrad family friends past past work
start making sure they're on linkedin
start writing these people down because
you may need them later the amount of
our students that go back
in the spring to their networks and they
find jobs just that with
maybe they're all along that they could
have had so definitely think about about
that
and then what i'll do is last slide and
then i will open up
some questions i have got a couple of
other things to share with you from our
2020 employment reports if any of you
have questions
on employment stats and um
things to go into and what it looked
like in the last year i can absolutely
share those with you
but just to finish off this is the
summer support series example that i
talked about earlier so what you'd
expect
and we think from mid sort of end mid to
end of june
we'll kick start this off and we'll do
things like making the most of your
summer
application to offer was very much last
year about you know what to expect what
were all the different recruitment
cycles like
what's your story hugely important so
what how do you talk about you
and then into july and august as well we
start the exploring careers in
sessions run by our very own sector
leads in all the different areas so you
can
help you i hopefully by then you've
already started some research but that
should
definitely cement some further stuff and
and then the cv
um one to ones v mock i mentioned
earlier all come in at that stage as
well so very exciting summer
um ahead of us this year
so what i'm just going to do quickly now
is just stop share for a second
and like i say i've got some more slides
which show talk about some of our
employment outcomes but i just wanted to
stop and just see if there was any
questions
at this point um from anyone regarding
anything that i've said or anything
that's just on your mind so it's a real
open forum so if you can raise your hand
and i will pick names and to unmute
you may be absorbing all of that
information excellent okay
is it tad teague i may have said that
wrong so apologies
i'm you and and correct me yeah no
worries it's
it's pronounced ty ty is that right
excellent
okay we're always learning with these
wonderful names
welcome good to meet you yeah kick off
thank you for kicking off with questions
yeah i was just going to ask you showed
us the diagram with the different months
and the different kind of activities
that go on yeah and you colored some of
them in red i was guessing that that
means that they're
kind of the most intense periods of the
year for recruiting is it
yeah let's go back let's go back to the
slideshow um
so is it the timetable one this one here
yes exactly yeah
you are right yes they are the the hot
months as we
we might might as well call them um yeah
they're really intense because
um you obviously are starting your
career but also it's when most
of the big structured recruitment
happens and so yeah you really have to
balance your time
so you'll be doing multiple cover
letters you know things if that's what
you're going for
yeah okay so i'm gonna come prepared
yes and it's a really good question
actually because
um that's why the summer is so important
and it's great you're here kind of
listening
at this point because so many people do
sort of turn up on
and they went better last year since we
sort of incorporated this summer
stuff um but you know if you turn up on
day one you really will be overwhelmed
it's a kind of a warning for you all it
is
overwhelming um and you'll find that
your a lot of your peers will be going
for stuff you'll want to do the same
and so it's very very important for the
summer for you to have your plan
sort of written and ready to go you know
you might deviate from it slightly if
things
you know change and and things look
different but yeah these are probably
october we've got there as the sort of
darkest red color because
that's when a lot of the deadlines are
and for if you want consulting london
for example
structured you know most of the
deadlines are there banking's probably
already gone
well you'll also find for some of these
bigger industries that people tend to go
for so banking
consulting and it's good to get your
application in nice and early so um
often what we've had a lot actually this
year we've been overwhelmed with
applications
and companies have actually stopped
their their job openings earlier than
expected
so again just with the summer thing the
more you're prepared
um in those earlier months the higher
your chances of success essentially
so yeah yeah good good point really good
thing to pull out there
thanks amy no problem i'll just i can
flick these back up if needed so we'll
we'll go
thank you for for that so let's go to uh
is it
class of 21 also recruited uh in the
midst of the pandemic and you know a lot
of it would have been online
so i just wanted to ask uh you know what
the experience like was
like what's what was like for them and
you know
uh what kind of steps did lbs take to
help you know
provide the sessions and the counseling
as well
yeah absolutely so um so we last year
last march it was the year before the
ones that have joined in the midst of
the pandemic we moved straight online
which we continued to do so all of the
summer stuff was online
and actually we've remained virtual so
career services has remained
virtual and to my point earlier the
reason for mainly for that has been
because of the pandemic we haven't
actually been able to and
instead the focus has been on the
lectures um and
the course being in person where
possible so the hybrid
learning which is happening again now
has been the most important so we've
kind of taken
you know and we've done it continued
everything virtually just so that
students can get on this campus and
learn
their course and in that way but um
yeah i mean we've just continued online
sedan we've done all our one-to-one
appointments virtually and it's been
absolutely fine i haven't seen there's
been no difference
in the experience if anything it's a
little bit easier for this on the
student side
because um if the diet if your diary is
busy you know you're trying to do one
thing to the next you've got interviews
going on
in the normal world before you know
you'd be rushing to career services
center to get a room and sit down so
actually we've benefited from that side
of it the other huge benefit has been
the alumni i mean we would not have had
some of those people that we've had
attend things and we've had to be
careful with time zones but
we wouldn't have had those people attend
to some of our networking opportunity
events you know if it had been in person
in london you'd have to everyone would
have had to have got there at 8 a.m and
done that so
yes so we've done everything pretty much
virtually i think
you know depending on what happens we'll
see i think our hope is to get back to
some form of you know seeing people in
person and things but
yeah i mean if you can speak to current
students you know about their
experiences definitely do i'd recommend
it
um but yeah we've i think we've managed
to benefit a lot from from actually
what's happened in some ways and i think
it gives people some good thinking space
as well i know the year before i worked
with a few students who were so rushed
on campus
and so this gave them a lot more
thinking opportunity
doing things virtually to think about
their job search which is quite nice
it's
very different to the academic side but
yeah great question
awesome thank you so much amy no worries
good to good to meet you
okay so um just have it is it
shipanka again apologies if i've said
that wrong
no no way hi um so so my question was uh
more to do with the timelines that are
followed
uh i am currently working so for people
who are not
like into their first job who might just
join laterally
um what's what's a little surprising is
that the recruitment starts so early
when we actually get to join almost a
year later
and from what you know i've heard so far
and speaking to people in my firm
the requirements if you reach out to
people for roles
the requirement mostly is to have
someone join in
as quickly so i just wanted to know how
does it work and do companies kind of
then think of their head count
requirements
or your from when they actually start
recruitment or
or like what is it like it's something
that's a little surprising and not
something i've seen before
yeah yeah really good question so i'm
gonna flick that slide back
up um shipanka if that's okay just to
help me with this question
so yeah so you're right um
for so what we we have something called
direct hire which is what you're talking
about there where you would
if a job's at you know we have a team
say in a company
someone goes and they have a space and
that's what we call a direct hire job
it's not done on any timelines
it's just as and when now big thing to
remember with that is and what we've
what we've seen before and what it's a
good thing to know is
actually what you need to be looking if
you're going to look for direct higher
roles you probably want to be doing that
let's say next april next april may time
so if you know you're quite experienced
and you're not necessarily going for a
grad scheme
or a structured hired her own program
then you might decide that that's not
what you're going to go for in that
autumn term you're going to focus
in on that next spring and actually
really look in
in the uk market um if you're looking at
the uk and obviously it differs
everywhere
normally you need about three month lead
time if you're gonna join a direct
higher job because a lot of our
um as you probably may know already a
lot of our kind of um
leave notice period leaves after about
three months one to three months
so that's how long you need so if you
consider you'll be graduating or
finishing around june then then you'll
be ready to start
what we've seen a lot of people do this
year you're right shipanka
is they've applied to direct high jobs
in like october
you know and that's just they've just
been rejected and it's just a complete
waste of energy because it's not the
right time
so um yeah so there's different
different timelines for different things
like like i said these structured
programs
for the things that start the next
summer or perhaps next september
they start very early similarly to
graduate programs so if you're going to
join anything like that
they tend to just start in the autumn
before
and the start date so it is really like
a year in advance it's quite long-winded
and that's just because that's how their
talent
strategy works in those those types of
companies
i've talked about consulting a banking
quite a lot but even big corporates
um if they're if they're running
graduate programs a lot of them tend to
also be in the autumn so if you're
thinking i'm going to go for
banking but i also want to go for you
know graduate programs in a
in healthcare for example just let's
just use that as an example
you really want to be balancing that in
the autumn but then you might say well
actually in addition i'll look at direct
higher roles later so it's just about
managing those different expectations
and of course there are
um there are certain roles and firms
that
operate differently this is just a bulk
average but there are certain places
that do things differently at different
times we've seen some grad schemes open
now for example
you know so it does does just depend and
there's not a
definite rule but we just see the most
numbers does that answer your question
shape anchor
if there's another question to that yeah
i just have a small follow-up
um the first part is the structured
hiring that you're talking about
yeah is it is it normally like an
internship
which you then convert on to a full-time
role or is it just a full-time role
where you start off
and you spend the first few months just
learning um which is why it's structured
in that sense
and the second question sorry is i see
on the slide the direct hire recruitment
that's mentioned here
is specifically for tech pe and nvc my
question was more about banking in
general
so is the timeline same or like is it
does it does it differ with regards to
industries
yeah so what i would say for for you
definitely
as time goes on i would attend the
banking specific
webinar and things that come up because
that will go into deep dive and
yeah so direct hire is kind of that
timeline is probably right for
everything because of the three month
you know till you graduate time you know
they want you to be ready
um when you're free and not studying
anymore so just particularly those
because they are quite common but across
all although there's not
loads and loads of banking direct higher
but yes
i would i'd point you more to those
other things and to the banking webinars
um in terms of your first question yep
so what does structured mean essentially
yeah so structured
is any any sort of structured program so
graduate program in summer internship um
we often find it's anything where
there's big bulk recruitment so for
consulting for example
for their sort of early hires early year
hires
um graduate hires they tend to be called
structured programs because they'll get
a load of
graduates in as an associate and then
train them at the same time so it's
anything like that that's kind of got a
exactly as it says a structure to it and
most of things are internships and and
grad schemes i would say is the main
is the main thing there but what i would
do is depending on which industries
you're looking at you know you can do
further research into those to get an
idea this is very much trying to cover
all all bases so for you shipping i you
know really look into banking
specifically is my
my advice thank you so much
no worries thank you for the question
is there any anything else any other
questions i've just got my phone here
just to check time cause i know you've
got another session
um i think at quarter two so we're good
for time is there anything else on
people's minds
ah i'm just saying
practice have you got your hand up or
have you clapped
[Laughter]
you'll become an expert on zoom
yeah so uh my question amy was that oh
every time like i i attended some of the
sector series but
this is something i wanted to know more
about but when we're talking about
roles in tech what like what
is the exact job description or the
skill set
is it that these roles require because
like tech is huge right
i wanted to know what kind of roles and
tech are we talking about
yeah and i mean i think this i'm going
to point you back to that point about
research over the summer
um i would really start looking yourself
at
what type of roles you could do and i'd
also start looking at linkedin
i'd look at lbs and look at alumni and
just pick some tech companies to
research
see who's working there and maybe you
might want to put
lbs in or the masters in management you
know you can search these types of
things in linkedin
and just see the types of roles that
they've been going to
and doing and across kind of tech
across companies generally obviously
you've got all the different functions
so you know if any of you are from
traditional business backgrounds you'll
know there's always a finance function a
marketing function a hr function so
do think about that and that's
particularly for sort of tech
diversified
sectors diversified is anything else
really sort of
fmcg you know healthcare as i mentioned
earlier anything like that
think about functions you know is there
do you want to specialize that's a big
question
so maybe you really like people and you
want to do something in hr or it could
be the finance side so
think about that um also in tech there
seems there's also
this split with kind of data and analyst
roles and things like that perhaps you
so think about that as well and just
have a look what type of roles they tend
to be more technical
and if you haven't got a technical
background they're very very hard and
difficult to get into
so my advice really is at this point
start researching it now
like you said start thinking about the
types of roles we will have a tech
exploring careers in technology
uh sector sector session in the summer
so that can be your kind of starting
point as such once you've done some
research and david morris who's our head
of tech careers is excellent that kind
of will give you a good overview
of the different things you know that
that are on offer
a lot of students want to go into things
like product and you know things like
that
very difficult and very competitive but
we've seen quite an uptake in that type
of role so again if you've not got
background in it quite hard to get to
um but yeah so actually i think it's
quite a specific question on technology
so i would start your research now
start looking um you know simple google
stuff just look through it look through
the resources you can
to get an idea and then bring those
questions with you and we can help you
from there
thank you no problem no problem
okay i'm just going to go back to the um
so is it a poll is it
yeah yeah just full like in english hi
hi how are you
great thank you uh so my question is a
bit more related is a bit more niche
some of us are doing the gym mem so it's
two years right
and the second year we're waiting for
them so i was wondering
can we work with you guys with the
curious uh services in the second year
as well
because uh we can do an internship right
between the two years but then we'll be
looking for jobs after so how does that
work do we work with fudan with you guys
with both of them
how yeah so we we won't just forget
about you paul don't worry you were
still very much
part of the lbs family no yeah we will
so you'll you'll probably find depending
on obviously how everything works um
you'll probably you could do a bit of
both um but yes you're still very much
part you're almost you're still a
student with us um in that second year
so
and caroline who and it's actually on
holiday at the moment but she looks
after the gym and she kind of leads on
that area
she'll keep very close contact with you
throughout that year obviously you can
speak to us as well so yeah we're always
available and if you're still over there
you know we've got the virtual things if
you go over to you know for dan
we're here virtually to support you and
like you say you might want to come back
post who dan you know to job search so
yeah everything will be available for
you
be perfect so the fact that we have
graduated from lbs doesn't have any
effect on or okay no yeah you're still
an lbs student essentially even though
you're in fudan
um you'll graduate as after after
foodana such you know as a that's when
you'll get the kind of
alumni status and all of that stuff so
yeah still very much
part of the the process great thank you
no worries no good question um
thank you uh paul okay next one at dita
uh yeah hi me hi
like i had this question like what is
the process like uh at startups in the
uk
and what support do we get with startups
working at startups yeah so great
question
um and one probably i i think there's a
lot more answers than i can give you
right now because it's such a huge
huge exciting area and yes i mean we've
seen a lot of our students go into the
startup scene
and we have an entrepreneurship club so
and
we have a lot of people who are looking
to start their own startups and things
you can you get support through that and
you'll see you can be a member of that
and we get quite close to it
we have various events throughout the
year where we get startups particularly
in tech
and to come and join us and we've had it
recently we've had something called the
tech insight series for our students
where we've had lots of new startups
that are very successful or at least at
the starting
age of being very accessible come along
talk to our students about what they're
doing and their hiring needs
and so david again who i mentioned
earlier who's our tech
head of technology he's also very much
the expert in startup so
i would suggest you know you speak to
him further
and get an idea on you know what support
there is out there
huge thing for startups is networking so
if you're interested in that scene i
would start now and i'd start thinking
about
what sort of startups are you interested
in what type
what industry specifically are you
looking at and i would start talking to
people
we've noticed a few students this year
definitely in the spring
talk to people and get managed to get
things like small part-time internships
and
small projects to work on with startups
and that's really helped build their
profile and really help them
towards the summer you know an
internship or even a full-time role
so it's definitely a huge area um adit
differently
and so i would start now by thinking
about the type of areas and start
speaking to people early on i think just
to get an idea and like christian said
earlier not to look for a job
necessarily but just to
understand and get used to the area so
yeah there's lots of
lots of things to look forward to but
again that tech session will be useful
for you for that
thank you no problem
all right so let's i'm just going to go
back to the uh liz thank you adida
is it vindia yes hi
hi hi luke yeah my question was about
the timeline
um you mentioned that the recruitment
for the asian and american
structure program start early in june
but yeah
sorry july but we'll be joining the
program only
in september so how does that work do we
get any help
before we join or and
yeah so it tends to be banking
specifically so for asia and
usa um banking tends to be very early so
alexandra is our banking lead um i
appreciate you've not met all these
people just yet but you'll get to know
everyone as
you start and she's looking at running
early sessions
um vinja so doing early things
throughout the
summer um on me lbs that you're all part
of or on the platform there's a banking
huddle she'll be
sort of sharing information there and
also information on any pre-sessions
she'll be doing
what we did last year was we did
actually send a bit of a survey out to
say is anyone applying to that area um
in that industry and we sort of so we
knew the names of people looking at
there because
it will be a particular group of people
most likely because usa you need the
right to work
most of the time um and and similarly
with asia it'll probably be people from
asia going um
back to um so yeah so i think we will
have things available
and a lot of the time it's just that it
starts early so it will sort of tend to
be open into september so it's not that
it all shuts off
it's just that a lot of the bulk of it
happens a bit earlier so there'll be
support for you finger definitely
okay and is it only the banking sector
or other sectors as well
so um off the top of my head technology
in asia tends to be a little bit earlier
so we've some of the big
tech companies for structured hiring but
what i would say for any kind of
specifics start having a look at
you start researching some of the
companies and understanding when they
might be open so if you've got certain
firms you're looking at in in other
areas
just literally you can look on their
website speak to hr teams just to find
out when they might reopen
and but yet typically we notice banking
in those parts being very early but
other things like consulting you know
you want to get started early but they
tend to be open later particularly for
the uk
okay thank you so much no worries no
worries thank you for the question
um okay so rashi will go to you next
hi how are you i'm going how are you
i'm good thank you i'm good yeah
yeah so i had two questions one that in
one of the slides you mentioned about
pure leaders and sector leagues so i
just wanted to understand
that you know how they can help us like
what is the difference between both of
them
and i can explain this in terms of or
like with respect to confronting
particularly
yeah sure so um so as i said we have our
career coaches
which are us for set to lead so we've
got a ahead of each industry so we have
a head of diversified
head of um finance but within that we
have a sort of a banking lead and a
private equity lead asset management
lead head of tech head of consulting
and and you will get access to
one-to-one appointments with them which
can be 20-minute appointments now they
are people who
they're our experts really they've
worked in those industries or they have
a really strong understanding of the
industry
and connect and then basically their job
is to connect with companies in that
area
and keep you know keep abreast so if you
want information on
timelines or you want to ask them about
you know your sort of application
strategy good good
names and things to go to if you want to
ask them i've got an offer from here
what do you think to this
you know what do you think to this offer
they're very good for sense checking
some of that
peer leaders um are so they're they are
second year mba students
and often because they're mbas they're a
lot more experienced than than you guys
so they'll
they'll bring with them a wealth of
experience that they can share so often
for consulting for example we'll have
mba
peer leaders who have worked in
consulting before
and they'll help you with consulting
case practice for example so for your
interviews so you can use
sessions with them to practice interview
techniques and things as they've worked
in that industry
so in terms of a typical and sort of i
suppose approach
with us you know you can use us for
pretty much everything
um that you that you need to and we're
very much there for you throughout the
year so it's very much
that kind of partnering with you
throughout the year to look to help you
along
sector lead i would use as and when so
when you want some of that really
key information so if you're thinking
i'm looking at these different firms and
i'm not sure which one to apply to
in terms of location and the process
you'd might speak to a sector lead about
that specifically
and then you know when you're ready to
practice some interviews this is just an
example but you might think i'll book in
with a peer leader to practice so you
can really utilize all of them
and my out for career coaches and sector
leads is unlimited
throughout the year and for peer leaders
you are at a limit so you've got eight
sessions per
term so just because they obviously have
their own course to do so we just
protect them at their time um but like i
say in in the first session that you'll
have
um in september we'll go through all of
this again talk about the different
roles and how you can utilize them
okay thank you and one more thing so
like if you
if you're not sure that you would do the
fourth stone does it still make sense to
apply for summer and don't ship or like
should you target full-time
i mean totally depends on on you really
um if you're not sure
then you're probably it's probably worth
you know applying to things because
you know what as and when and thinking
about what you really want to do
and the fourth term decisions tend to
happen around now so you've got
quite a long time to think about what
what you may want to do
but if you're not sure then i suppose it
depends on you know
if you get the right job then maybe you
won't do it etc so it
it just really really depends on on the
individual and what i would say about
you for something like that is probably
something you'd come and speak to us
about individually we'll talk about
you know what you might want to do and
how you know what you should approach
and we can help you with your kind of
application strategy if that's the case
see it's very much on a one-to-one basis
that sort of question i would say
okay no worries
thank you rashi um okay have we got any
is it zhu uh yeah should all
i have a quick question regarding hello
regarding the career sessions in the
summer i wanted to ask kind of how
flexible are they will there be sessions
on the weekends for people who cannot
make it during weekdays
yeah sure so absolutely they're flexible
we actually record them all
um so they'll be available for you to
download and re-watch
obviously it means you you won't be able
to answer questions necessarily in the
session but you can still email us after
and i'll ask any other questions that
you
that you might have we do tend to try
and run some things on
on the odd saturday if we can so i know
last year we did a couple of things you
know for your work because we're quite
conscious some of you are working quite
hard throughout the summer as well in
full-time roles and stuff
so yeah you'll have the recordings
available and then on the odd occasion
there'll be some saturdays but you won't
be
at a disadvantage you'll still be able
to access everything
okay thanks a lot all right no worries
okay i just i'm just having a look i
don't think
so um d deep is it deep sharp you've
just
asked a question haven't you in the chat
that's perfectly timed because i was
just going to share in the last
few minutes just going to share very
quickly my final slide which i think
will help you
so um deep just on basis of your
question and then we will wrap up
because i know you've got your next
thing
so i just wanted to quickly share with
you all um employment outcomes for 2020
so this was
not the current year of course the year
before um
you can access these employment reports
um through the website which
um you can access after the program
office for a link to that if you do need
so you can have a look through all the
employers but
i just wanted to give a sense very
quickly of a couple of key points so
do think about your home country um as
you can see here we've had a real split
this year and maybe due to the pandemic
as well
of people going into their back to their
home country after lbs and people
going outside of their home country and
a lot of the outside of the home
countries obviously here in the uk
so as you can see on the left-hand side
they're all our wonderful kind of
nationalities that we had
um but very much an exact split between
so think about
keeping your network in your home
country over the summer
and building that into your plan it's
really important
for mbb um what we wanted to just
showcase here to you here we had a very
high
um offer rate from mbb for consulting
for those of you interested there
um but most of these offers were outside
of the uk we had about three i think for
mckinsey and bcg here in the uk
everywhere else and as you can see italy
for example huge numbers went there
so really again think about your your
local and global presence
um in terms of consulting against i know
a lot of people focus
in on on that area so just to give you a
little idea here with some of the firm
names that were that recruited here in
the uk
and again this will all become available
to you as and when you know you join
and we get further time with you but
just a bit of an overview there
on which firms hired and it just shows
the scope so again this whole networking
and really researching and thinking
about different companies is really
important so when you get time really
have a look at that employment report
and yeah i think that's pretty much it
so i suppose the main thing i just
wanted to very quick because i know
you've got to go shortly but
um deep to your question
um i think in terms of across the time
periods
about 30 percent of students get hired
probably in the autumn
so very very much a small amount and
and it has sort of continues on
throughout the year so my big
advice is don't panic in the autumn term
if you don't get a role you know think
about the year as a whole when you're
planning over the summer what
your next steps going to be as and when
does that help
absolutely sounds good thanks amy
no problem no problem okay well i think
i managed to share everything with you i
wanted to
i know it's a bit of a whirlwind um and
there's lots to take in but i've been
loved seeing you all today
obviously keep going with the process
and i'm really looking forward to
working with you
over over the next year so i think
you've got your next session
so lovely to meet you all good luck
enjoy the rest and i'll speak to you
very soon
thanks amy bye
you

---

### Masters in Financial Analysis Career Centre Session | Admits Welcome Event
URL: https://www.youtube.com/watch?v=C1fkkMVsqSw

Idioma: en

i'm kelly elmer i'm the mfa program
career lead which means i sort of
overlook all the workshops and career
curriculum
and always uh oversee the coaching and
that type of thing that we do with with
you guys as students my background i
spent over 25 years in asset management
mostly on the investment side
i re um left uh
the corporate world about four five
years ago and retrained as a coach
and i joined lbs two years ago so i've
been working with the mfa program
for two years which was kind of great to
come back to
to be back at obs because i used to
recruit from lbs so um it was
a nice kind of uh move over from my
corporate life into into this
so that's a bit about me and now i know
you guys probably have questions but
um i'm wondering let's see how many
people do we have
i have a couple of slides i thought i
would show first
a little bit about what we're going to
do in the summer and then i have a
recruitment timeline
would it be um useful you know nod your
head or what
if i showed you those first and then
that might help with a few questions
yeah
so let me just um find my slides here
because i know these are the kind of
questions that
people tend to have sorry it's a
saturday and i'm not terribly organized
here but let me uh
let's see play from the current slide
great can everyone see that
right so just you know um
you'll does everyone access to meet lbs
yet have you been looking at that that
sort of
um networking platform so we'll be doing
some communicating through that
you'll also be uh receiving regular
communications from the mfa program
office and so
when we have something to tell you from
the career center that'll come in one of
those two ways either it'll come in the
program office
email or um it'll come through the meet
lbs until you come onto campus yeah
so um just so you know last year for the
first time
partly because of the global pandemic
and we everyone was sitting at home and
working remotely uh or just sitting at
home um
with with some spare time and we wanted
to help everyone get a really good head
start because
you know the market's tough uh this is
what we did last summer with the 2020
group and we're going to do
we call it the summer series and so we
started in advance doing some workshops
to help kind of get you guys a head
start
we're going to do something again like
that this year we don't have the exact
date yet
day tip we will probably start at the
end of june and then
but mostly be running things in july and
august and these were a series of
webinars
where we just talked you through
different elements you know of quite
what to expect
uh we ran workshops on your cv and cover
letters
uh talked about the different exploring
careers in different sectors
and this year we'll probably do a couple
more targeted towards banking because
the banking
recruitment timeline is so early
anyway so we'll do something very
similar to this again uh you'll
be hearing more about that probably by
the end of may
we'll record all of these so don't worry
you know if you guys got
jobs lined up for the summer that's
great we'll record these webinars so you
can easily watch them in your spare time
you'll also have a chance during the
summer to uh
you'll get access to something called
vmock i hope you've used that at your
undergrad institutions where you can
upload your cv and get some feedback
on your cv but we'll be doing that again
in addition to a webinar about your cvs
and then we expect we'll be doing
giving early opportunities to have a cv
one-on-one review with the coach
early probably before your september
start with the program
so that's uh something to look forward
to then
the other thing i just want to talk
about
i'm just saying here let's see the right
side
very quickly about recruitment timeline
so you guys have a one-year masters
a lot of you are targeting banking or
big structured programs you know where
the big companies hire
a large group of people for their
following summer internships
and um just to kind of give you an idea
here
so it's a if those of you talking
vacating some finance roles it's
um it's a really early deadline for
applications so
if you're planning on applying in asia
or usa
or canada for structured programs with
the bulge bracket banks
some of the big consulting firms and
some of the big tech companies
um those application deadlines can be
pretty early
so even june july august so
if you're applying for north america or
asia
really make sure you're looking at the
company websites and getting on their
distribution lists for when applications
open to make sure
you're ahead of the game and you know
what those deadlines are if you're
applying for
um structured roles with banks asset
managers
and some of the big diversifieds in
europe it tends to be
you know they'll open up for
applications say in august and we
usually say and they say they're closed
in october
we usually say try to get your
applications in by september so just
kind of keep those
those timelines in mind the banks are
earlier asset manager
structured programs a little bit later
and then
full time could be slightly later again
it changes every year with companies but
i'm just saying make sure you understand
that some of these deadlines are pretty
early
and you know if you have target
companies or roles
go to those websites and and make sure
you're kind of clued up on that
then um having said that
about 30 of the class will get an offer
before christmas
so other roles come up after christmas
and that's what we call direct hires so
they're not these sort of bulk hiring
things they're um you know companies
hiring a couple of people or they're
hiring as they need them
or you know smaller companies or they
it's an off cycle type insur
internship that kind of thing so that's
just a kind of a general idea
more diversified roles tech private
equity venture capital tend to come
more after christmas um and again just
the way we support you through this is
we have this summer series where we kind
of work with you like getting ready for
your interviews your cv
cover letters talking about some
networking that type of thing
and then september october november
where we have the red
the red uh months there it gets really
heavy
so that's when you know you're just
starting your courses uh
hopefully we'll be in person on campus
you know it's really busy and it's
really busy
sort of job hunting season we'll do
quite a lot of other workshops we talk
about your application
strategy do more work on your story
uh then you can start to book in
one-on-ones with the coaches
and the sector leads and something we
call peer leaders which are usually mbas
who have some um they can be mbas or
myths so they're people who have
industry experience in particular
sectors and you can book in with them
for one-on-one to
talk about their their experience or get
help on interviews and that type of
thing
and then we do um career skills
workshops
into the new year as well um
i think that i know i always talk too
fast uh when i'm um
going through this thing but let's leave
it there for
um now
and then i'll see if you guys have any
questions so we don't really have the
chat function
in the breakout room but if you let's
see
if anyone wants to put their hand up um
[Music]
uh on the little i go down to the bottom
and you um
your reaction i guess you can put your
hand up or
if someone just wants to unmute yourself
and ask a question if anyone has a
question
who's got a question
[Music]
oh martin yeah hello everyone
um i have a question for investment
banking specifically uh two questions
actually
first of all how crucial it is is it
to do a summer internship this summer if
we already have
some like finance experience before like
is this
somewhere before uh lbs crucial
um and my second question is should even
though in the uk you're saying that
recruiting starts a little bit later
should we start maybe networking like
right away
um to prepare ourselves for banking or
should we wait until
um the summer series starts or until we
are actually on campus
yeah okay excellent questions thanks um
so i would say on
the summer internship i mean it's not
it's not a deal breaker if you don't
have a summer internship but i you know
i would really encourage you
to be uh looking for some kind of
internship to kind of keep yourself
so and the thing is it's such a weird
year i don't know what you guys are
finding in terms of the jobs but you
know to have some kind of internship i
think
does put you on a better footing because
you know it keeps your skills up you
further developing you're building your
network um
what we saw this year is
normally in applying for banking the big
banks will take a chance on offering
and remember when you come to if you
don't have any experience
really in investment banking then you
would go through the
internship track for next year so you'd
be looking at a summer internship for
2022 right and um
usually banks have a pretty wide reach
so you don't necessarily have to have
banking experience but this year we
found because it was so competitive and
so many people were
applying across the board is that banks
were only
it seemed to us that banks are only
offering internships to someone who had
a previous summer internship so it's a
bit you know i would definitely try to
get some type of work experience
and if you could get banking if you want
to do banking
um that is would be good you know some
type of
and and what you might find with
internships is you're not going to get
like a
um you know a bulge bracket bank summer
internship but maybe it's a small
bank something more niche you know but
you're still going to learn some good
skills and then you've got things to put
on your cv
and you're a bit smarter about you know
your technical interviews
um sorry what was the second part of
your question it was the networking
wasn't it
right so yeah and so one of the things i
would say is
this is a really good time to really be
reconnecting with your existing network
um you know sin it's it's such a great
time you can just reach out to someone
say hey hope you're well
maybe when things open up we can
actually meet a person for a drink or a
coffee right
there's always an excuse right now
because we have this pandemic thing in
common
and i would say absolutely start
thinking about you know doing your
research about the firms you think you
want to work for
and the roles you're interested in do
some of your own research to know as
much as you can and then have some
really smart questions
which might be oh i see that it if i'm
going to apply to say morgan stanley
there's three different groups i can
apply to i've
i've figured out as much as i can but i
would really like to talk to you
since you're working there alumni
contact
and ask you some really specific
questions
about the differences in how your how
those teams work
or given my skill set how i should best
position myself for those
that so yeah so i think yeah definitely
a great time you can be reaching out to
some um lbs alums or
you know please don't uh underestimate
your
alumni network from your current or your
recent undergraduate
experience so hopefully that helps thank
you very much
okay right oh so i wasn't watching in
order of who's uh
keshav can you have a question
um hi so you were just talking about how
um
we should start rekindling with our
current network over these coming months
so i was wondering would you recommend
reaching out to uh
lbs alumni now or over the course of the
next few months on linkedin
or are there more structured capacities
during the course that we can reach out
to alumni through
yeah good question so i would say um
remember you don't want to waste
people's time if you don't have a real
question or so
so what you could do is you know find
some lbs alumni that are mfa
graduates and you could just send a
friendly note on linkedin and say oh is
he your
mfa grad i'm going to be taking the
program this year
um really wanted to connect on linkedin
really hope we get a chance to
meet at an alumni event in the in the
fall you know that's kind of nice really
oh and please please
whenever you send a linkedin request
always use a personalized
message don't just send that connect
thing just always put a personalized
message
so yeah you could do that and if you if
you did have a specific question for
them
you could do that as well um but yeah
but you're just like your existing
you know your existing people you know
are always almost always better right
because they're like yeah
let's chat and then that you can ask you
can get even more information from them
and then your next questions are even
smarter for the people you don't know
yet
and you know you make a really good
impression on them you will have
so we'll do um
[Music]
i mean i think so far this year we've
had
oh i don't know over 20 alumni
networking
virtual events with you know over 100
alumni that have come
and and so we do very targeted we'll do
like a bank alumni banking
uh banking alumni consulting alumni we
did banking in asia that type of thing
so we will
there will think be things we'll do but
yeah definitely reach out to people and
also through the
um the me lbs
platform won't have alumni on it but it
will have mbas
and other students on it that might be
interesting contacts
to be networking with so that answers
your question
um thank you yeah
let's see who am i missing here um
ryan
oh hey um good afternoon i guess um
so i i guess my question is kind of
could be really applicable to everyone
just i'm trying to make it more general
so in case of like because
a current current time in my life i kind
of know that
i want to go into investment banking in
the right after graduation
but for my upcoming summer i have
basically have two options
like um doing m a at a smaller places
maybe not like very recognizable
shops and i have another offer
potentially at like a different
industry quite related not as related to
finance fintech
but a really recognizable name so in on
a situation
what would you advise a student like us
to do go for like bigger name or go for
relevance to what you want to do in the
future yeah
that's a that's a good uh that's a nice
example of a dilemma because that's
often the dilemma you have is that
you'll have more than one offer and
they'll be very different right
so i would say look at it think about in
terms of your skills
so that's interesting so you could get
more investment banking experience or
you can have a brand name
i would i would think of it in terms of
what skills do you have and what skills
do you want to develop
in order to get that next job so when
you go in front of an interview
and you know you're explaining here's
the transferable skills i'm bringing to
you even though you know i'm an early
career student
so i don't have a lot of experience but
i've got the basics and i can start
you know i can hit the ground running on
day one so that that might be the
investment banking however
if you're thinking of targeting
a firm if you want to work in a group
that's
if you're interested in that sector then
you're then that fintech would give you
more sector experience that you could
then bring
that would be useful to an investment
banking
you know tmt cleantech team whatever
yeah
so i think you know both sound like
really good options
i would say and also think about um
you know which like i was christian
saying in the presentation and what's
going to motivate you to get
up and out of bed in the morning and go
in there and really do a great job
you know what's going to what you so
what's going to add to your skill set
what are you going to be really excited
about and um
and then when you're talking about it in
interviews your experience you know that
motivation and that kind of enthusiasm
will come across
so there's no right or wrong um
but and i haven't not seen what skills
you already have or what internships
you've had i was just like
what's it going to add to my skill set
and my what i'm bringing uh transferable
skills and
value to that company that i'm targeting
and also
i want to just know like what what do
you think
in terms of like when recruiting for
like bigger names like brought brackets
would you say bigger names on your
resume would
be more helpful to get through the you
know hr rounds and people
recognize those names it depends it
depends company by company yes i mean
they recognize the name but then they
might be saying oh but we only want
people who
already have some banking experience you
know
really really depends yeah i mean you
might that might be a good networking
question you know you reach out to
someone at a firm you're really
interested in to say
just want to get a sanity check from
your side you know you're working in
that fire when you see the people get
hired
you know which would you know what do
you think
no that makes sense kind of a good
question yeah
okay thanks um chelsea
hi kelly hey hi hi greeting from
singapore
hi thanks thanks for sharing
uh i'm interested in the asset
management and particularly
investment management and i wanted to do
a fundamental analysis
so yeah so um are there any and
yeah i find very fortunate that we have
a career coach coming from
the management
yes it's one of my targets uh so my
question is that
how do you recommend me or people who
are interested in
uh investment or fundamental analysis um
um
to prep for investment management
related um
uh uh be it full-time job or internship
and second question is um
to demystify or to state the truth uh
what does
it really mean that for people to go
into the buy side
um you have to go uh through investment
banking i had
internships in all of those and i feel
that it will be best if i
can get into a investment management uh
straight
straight through because i'm really
interested in um
investment as in fundamental analysis as
well as sustainability
yeah yeah yeah good question um
so in my old life so i worked for
fidelity investments for many years and
i used to hire a lot of research
analysts
i never hired from the from investment
banks we always hired either right out
of
underground or masters or we would hire
um
you know sometimes more experienced we
hired a lot of engineers you know that
type of thing
um now but when you're talking about the
buy side if you're saying private equity
then investment banking is a good end
for private equity but if you're just
talking about fundamental analysis in a
investment company you don't necessarily
need something like investment banking
you can go straight into an investment
management role
um investment banking is not a bad
background but i'm not saying i never
hired people out of investment banking
into a fundamental analysis role right
unless it was a sell side analyst a sell
side research analyst
we did that at some experience level but
i would say so be thinking about your
story and this is for not just for asset
management for all of you guys when
you're thinking about your
uh and in the summer last summer does
anyone is anyone a marvel fan a marvel
movies fan okay excellent uh in one of
my
in the summer series last we did this
thing called what's your story which is
you know when you're talking in your
interview and they say well tell me
about yourself you know
i did a little thing about you know well
it's you know it's about your origin
story
and i used iron man i said you know how
did tony stark become iron man because
what happens is you know in these in
these stories in these films
we get uh involved we care about the
the character because we understand the
origin story how they got to
how they became what they are and so
think about your
um when you're applying for something
and so like how did you become the
person who wants to be in asset
management or investment management or
investment banking or
tech or whatever and so i guess be
thinking about
um how you articulate that your real
interest and then think about the things
that you can be doing that show that
so are you are researching companies on
your own now are you investing on your
own
um what kind of activities are you doing
who are you following on linkedin and
things like that
in asset management definitely you're
going to need to be you're going to have
to display curiosity
ability to analyze a company think
outside the box
you know so be doing some practicing on
that be following sectors
be following there's so much in the
you'll be following the news and there's
so much in the news it's hard right
but i always recommend like you know
pick a couple of
uh pick a sector you're really
interested in and a couple of companies
you're really interested and start to
follow those in depth
and then so and this goes for banking as
well you'll start to follow a couple
companies
following industry so if someone says to
you what do you think's interesting
going on right now where would you
invest or where would you be interested
in
um where do you think opportunities are
for us
you have some sectors you can deep dive
into um and then there'll be some
um
we'll do some there's and there's a lot
of hiring for asset management later in
the year but uh not just in the autumn
so there'll be some things with the
clubs that you guys can get involved in
like the
investment management club doesn't a
stock picking contest
so there'll be some things which and so
actually maybe when you look at the meat
lbs platform
see if there's an asset management
huddle or group on that
and be talking to some of the mbas or
other people who are in the investment
management club
to see if there's some things they
recommend that you start but i think
start practicing so when you get in
front of someone they say well tell me
about a stock you like
or tell me where would we where should
we invest right now if we you know and
you've got some some stories to tell
does that make sense yeah okay cool yeah
very valuable
advice thank you cool uh let's see
susan hi
um yeah i'm wondering can you share some
tips about how to secure a return offer
from summer internship because i
have an upcoming internship this summer
i'm wondering if you can provide some
advice in terms of how to kind of
survive a summer internship
yeah well um so a couple things i would
say
is um first of all when you get in there
ask your manager you know what what the
expectations are
you know because sometimes they can be
quite vague so you know what
first your first meetings with your
manager you know how do they work and if
is it going to be virtual or is it going
to be in person
um i think it's kind of like a hybrid
so it's like half virtual half in person
so really it
make sure you understand the
expectations you know how do they want
you to communicate how often
how was them to check in uh and then a
good question is you know at the end of
this internship
you know how are you gonna measure me
what's gonna what does success look like
you know when you look back these are
the things that you're gonna have seen
in me that go yeah
yeah that's that's that's what we want
here so sometimes they're quite vague
you know they don't really tell you that
but
see if you can kind of pin them down to
say how am i gonna be measured
you know tell me what success looks like
and people that haven't done well
what's been the problem right um i think
you know communicate well with people so
make use of the resources around you
you know get to know people around the
firm so you're building relationships
and that might mean just you know having
coffee chats with people if it's online
um and then also so
it i remember uh some guys talking we
had some alumni in
and i was asking them they were in
private equity now but i was asking
because they'd all been in banking and
different things
and i said you how do you are you
successful as an intern and they said
well
you know you just roll your sleeves up
and do everything you're asked to do
and you never leave at the end of the
day without checking around to see if
anyone needs anything else
i mean this sounds like it's going to be
really like late night isn't it but you
know
um you're always ready to do the extra
and you take whatever they give you to
do and you do a great job at it because
you know you're going to get the stuff
no one else wants to do
often but you do that with a smile and
so they're saying you know always be the
one who just and
and be ready to do kind of the menial
stuff to help out your
um your senior and then
you know be the kind of person people
want to work with and that they can
depend on
and i think ask more questions you know
um if you don't understand
something ask to clarify you know what
the deliverable is
i don't know hopefully that helps yeah
okay
um a chain wrong
um hi hi kelly thank you for sharing
i actually have several questions it's
like the first one is
like about the timeline um i have seen
your uh
spectrum about from now on toward
the um next summer but i'm wondering if
we need to ensure a full-time
opportunities this autumn
or do we only need to ensure a summer
internship opportunity for next summer
and find out return opportunities
um next summer and if we failed we have
we still have the first
um semester to look after to look for um
full-time opportunities
is that correct yes so and again
it changes year to year what we saw this
year is that
if what are you what are you targeting
what
um i mean do we need to find out about
full-time opportunity this autumn
but no what are you what are you looking
for investment banking are you looking
for
what are you what are you doing no i'm
looking for private acting
okay um so private equity is a little
bit different
because there's no sort of structured i
mean blackstone
there's a couple of companies that have
you know very structured processes
uh typically they would look for interns
first
um i think oh i'm trying to remember the
name of there's a company that has a
full-time graduate program
i guess it depends company by company
you need to really look at their website
and really understand what they're
they're looking for
you know like the banks are almost
always going to hire
through their internships not into a
full-time unless you've
had you know maybe a year's worth of
investment banking experience before
so i think it you just have to look at
company by company
um most of the people i see going into
private equity
tend to do an internship first
um but there'll be things when you get
on campus
you can speak to richard bland who's our
our sector lead for private equity
and you know walk through different
firms and a lot of the private equity
stuff happens
you know later in the spring as well we
just two weeks ago had our buy side
network week um where we had lots of
private equity and
asset managers in yeah yeah so yeah
i have another question it's like are
there going to be any
career coaching uh for uh before we
enter
into the lbs because there are some of
the
um applications are set up for
this summer in mainland china area so
i'm
wondering if i can get any help from lbs
for finding this summer's internship in
mainland china
for this finding an internship with this
summer yeah it won't be
the students we'll we'll do some things
in this summer to talk to help you for
next summer but i would i would say talk
to your current career
center about this this summer yeah
um and also i have another question
it's like i already i already have a
return offer from
um for this year uh it is a job offer
but i'm wondering if
how should i ask for a deferral of the
job offer
toward my employer because it's like
more secured
uh okay this is like a very personal
question that maybe we need to take
offline
um okay do that so so that
the return offer is to start now instead
of go to lbs
or yeah okay and then you choose to
yeah i mean you know ask them tell them
you want to do a masters and ask to
defer it but i would i would say that
if they're expecting you this fall that
probably won't fly with them but maybe
but maybe if they you know if they're
cut back on their hiring
and they're like oh yeah actually that
would be good for us if we defer your
start date the next
but that's quite a personal situation
yeah
okay thank you thank you um okay who am
i
tristan i think you've been
sorry i'm not getting to everybody but
yeah tristan
oh yeah um so i've got two questions and
the first is to do with the current
recruiting cycle so
at the moment there's mainly six-month
off-cycle internships that are
advertised online and obviously we've
missed the
normal cycle and and obviously that
doesn't give enough time until august
for when we
start and um how common is it to get
into
some internship or like a three-month
thing in a non-conventional way like
networking your way in through linkedin
and so i've done a bit of linkedin
messaging to alumni and things like that
and they've sent my cv over to
recruiting
uh teams and things but
is that a very sort of rare thing to
find something no
do you guys all have um have alerts set
up on linkedin look
watching for internships and
opportunities so you're getting like a
list of jobs that are
popping up and stuff yeah no i mean i
think it's it's a good thing to do
because you're letting people know
you're available
um you know sometimes want to come up so
the economy so things are opening up
right the economy is maybe
maybe companies are going to get a
little bit more open about being able to
hire
or maybe like i just um i just saw a
student this week who
actually was rejected from his job
application process
and for a particular firm that he was
really interested in
but then a few weeks later they called
him again
and said actually they just got an
approval for another position
and would he come now would he come
right because so they just offered us
our internship last week
and for this summer so these things do
come up and you know
just kind of get out there and let
people know you're available keep an eye
on
you know just random job board the
linkedin
alerts because sometimes companies will
just post something just on linkedin
and yeah so it's possible and then you
might need to be flexible to say oh
uh i don't know how much money you might
need to make but you might just say oh
can i come in and do a project for you
you know work experience you want versus
oh i don't need a full pay
i just want to come in and do a project
for you guys you could pitch it that way
if there was a
you could say you know i'd be interested
to do a you know a six-week project if
you guys have something
that you know you want to form out to a
student
and then i've got one other question and
that's uh if obviously
there isn't much out there at the moment
um
in terms of again missing the cycle but
if
someone wanted to go down into the sales
and trading group on sell side
um how much does uh doing an investment
banking internship or finding experience
in ib
pidgin hold them into that area and then
make it more difficult to transition
across i wouldn't
at this point and thinking about a
summer internship i wouldn't worry about
pigeonholing yourself i mean
i think it's just about getting good
professional experience with some
relevance to the kind of things you want
to do and and
and then your story is you know when
you're applying for the role say well
you know this was the job market wasn't
very good this summer but i thought this
i took this role because i thought it
would give me good experience but x
which would be useful
in what i'm targeting now so yeah i mean
it's you know a short like if you had
gone off and worked in three years
in in something and then wanted to swap
over to something else then that might
be harder but as an internship you know
you're just getting some
you're getting some good professional
experience and you're trying things out
and you're learning how to work in a
demanding professional environment
so i wouldn't turn that down
yeah all right thank you very much for
that that's really helpful
uh mario i think are you next i'm not
keeping track of who's
uh is it mariano or is it right oh yeah
i said merit because i'm mario i think
you were first
yeah okay sounds good thanks kelly um so
i have a couple questions
the first one is i've been really trying
to sort of improve my human capital over
the summer basically and trying to
pick up new skills so i was wondering if
you know of
any sort of good courses or resources
that
perhaps the school advertises or backs
um that makes the that allow us to sort
of pick up
relevant skills specifically for ibd for
me but you know
uh just in general um things like
valuation
etc yeah um you know what i'm gonna
no i don't no don't know really so what
i'm gonna do is i'm gonna point you back
to the meet lbs
groups and ask those guys
and people with experience in the sector
if there's anything they've seen
currently i mean because you could
probably look at some things online
we're not
offering anything right now um
but yeah see if there's anything
currently in the market that some of the
mbas might
think is it good okay yeah yeah i'll
check with the mbas
um i have a couple other questions as
well do one more in this so we can get
everyone else yeah yeah sure
um so am i sort of correct in the
because i'm currently working in fintech
and
most of my other background is focused
more towards private wealth management
given my interest in ibd i was wondering
if
you know considering mbas are typically
viewed as a good opportunity to sort of
shift
your professional direction is the mfa
sort of
viewed in the same light by um
you know the places that i'm going to be
applying to so it's kind of like even
though i don't have necessarily
you know the same exact experience for
investment banking do they look at it in
this sort of way you know yeah and again
so you guys are so early in your careers
right that
it's you know if you think about really
basic transferable skills like an mba
you see someone who wants to really
after some experience wants to really
shift into something else
but you guys kind of get to get out of
free card because you don't have much
experience right
so you just look at the transferable
skills you're getting from any kind of
good starter jobs
and then how you position those for your
next role
so um yeah it's just
it's completely different kind of
scenario and you know i would always say
never take an mba
really early you need some experience
before you do an mba because
there'd be no nothing to add so yeah so
i think just look at your transferable
skills and then how you
parlay those i mean fintech's great
right and you know there's so many
elements of that that will be
interesting no matter what you do
so yeah yeah cool thank you so much
uh axel
um hi kelly thanks for making the time
um i was just wondering because i come
from a bit more of a
background uh because basically i do
statistics
and so i'm interested to recruit for
companies like point 72
citadel or funds like that and from what
i've seen a lot of these companies have
already started recruiting for their
summer 2022
uh for example 0.72 summer academy um as
i was wondering in terms of the timeline
you know how did these companies fit
into what you've shown
like earlier uh and if some of the
alumni or current students are
interested in that domain
as well you know how has that gone for
them or just in terms of recruiting
yeah so i'm not familiar with those
particular companies um
and so they will probably
are they recruiting now for their summer
and what locations
uh in in london i think in london for
0.72 they have something called the
summer academy which is the main
pipeline i think towards
uh their you know graduate scheme and i
think these are applications
about a month ago for summer 2022
okay so i guess um so again i would you
know check with your meet lbs group and
see if anyone is familiar with that
um i imagine they'll have a pretty long
timeline
and with their applications but it's
basically specified as rolling so i mean
i wouldn't
necessarily know but yeah in some sense
but i would say on something like that
is um when it's they say rolling basis
uh that also means they can close it at
any time exactly all right
so you know don't leave it if it's
something you're really interested in
i would say you know what get your
application in and
or you could get in touch with them and
say hey i was going to be applying in
june or july you know is that going to
be early or do you recommend i apply
earlier
so um yeah just because then that way
you'd have some more time to get your
cva review more or something but
yeah that makes sense that makes sense
thank you so much but and
in fact this guy that um so if you're
interested in the quant side the person
that
was rejected and has just been given a
job offer he um
it's a quant roll at orbis okay
interesting
yeah and uh he also had an offer from
millennium
okay that's super interesting yeah
that's great so yeah so it's interesting
that um
and i guess i think he applied on camp
through campus the campus board for both
of those but those have just come up now
right well i mean i'm not sure if you
can you know give me his name or
whatever but if you have his contact
i will do i'll send it if you're on uh
send me a linkedin
um message and i will send you his name
perfect thank you so much all right
marianna
yes hi hi um so i want to do
a little bit of following christian's
question regarding how likely
is it to get it like an internship for
now like in london
if you are not a uk citizen so because
i have no idea and i have no idea i
don't know where you're going to school
and if you have any kind of visa here i
don't know you'll need to go back to
your
current career group or um you know
check with the program office here if
they can put you in touch with the visa
team
um yeah i mean i
yeah i just wanted to know if there was
a possibility like
to get a sponsorship i mean if it's
if it's whether it's likely or not i
have never honestly have no idea
yeah yeah with all the visas and
changing things like i have no idea on
that side of things yeah you need to
talk to the visa
team okay um regarding the internship
like after so
we'll say 2022 um do we have to
do the mandatory like the sport semester
it depends on the company some companies
require it so you need to look at your
contract
um so some banks will say they will only
accept penultimate year students so
you'll need to put
you'll need to be open to taking the
fourth term and putting
20 20 i'm getting my years mixed up 2023
as your graduation date right oh my gosh
how can that be and um
but then um it depends on the
on the company if they require it and
sometimes it has to do with the location
like we had
a role in the netherlands where it was
like a legal requirement because the
government doesn't allow
you know their the internship thing
unless it has yeah
so it's company by company and role by
role you need to look at that so
but you don't have to decide on the
fourth term until like april
um or may the following year so you know
you have time to think that out yeah
cool okay thanks uh yeah you're welcome
um
john maria hello hi thank you for
the great in size uh well my question is
about private equity
i mean i'm a third year student and so
i'm going directly to the master
the mfa my question is uh how is it
difficult
to get directly into productivity
without any experiences in
ib or something like that yeah so
it used to be quite hard because all
private equities because you know they
tend to be smaller and they also don't
do a lot of
sort of big bulk recruiting and so when
they would depend on the investment
banks to train people for them and they
would
let you go to investment get some
training and then come to private equity
uh some of the larger firms are doing a
lot more early careers hiring now i know
blackstone is doing more early careers
hiring
and again this name has totally escaped
me that one of our alumni last year went
to
um has an early careers program
i'm seeing a lot of our mfa's get
private equity internships you know in
say in the spring and that and
or they're landed in the spring to work
in the summer and then that turns into a
full-time role
so it's possible it's it's harder
um you know if you had some investment
banking experience that seems to be
moving in but
this year i'm seeing more people getting
private equity
opportunities now so it's a bit hit and
miss because you might just get this off
cycle internship
and some private equity firms might say
there is no full-time role at the end of
this we need somebody to work really
hard for six months
and we are not necessarily going to
offer you a full term role then that's
up to you if you want to do that and
then try to find
then parlay that into something else i
guess
and would you think that uh an
internship in private equity this summer
so before i'm a fake will be helpful
to you yeah and again you know anytime
you do an internship
you're making connections in that that
sector and you know the people within
that company you get to know and then
they know people and they know people
and um
you know then they say well we don't
have anything but you know if you did if
you really impressed them
they said but you know what you know i
have some contacts in the business if
you want me to you know
pass you on to them so yeah it's it
can't hurt yeah
i'm getting messages so we're going to
have to close this and you guys
you have another session at uh in like
five minutes
i don't know if um they were going to
send the
um but i don't
you have a link for that so i'm i've
been instructed to close down
um now but i'm sorry for those of you i
didn't get your questions but we'll
probably be doing some more information
um sessions between now and
and summer so hopefully and again you
can also just send your questions
through the
um admissions team um or on the meet lbs
in the huddles yeah so thank you very
much
um hope this was useful thank you so
much for you
i need to see all of you thanks thanks
those of you who put your cameras on
i look forward to seeing you again and
working with you
thank you looking forward to it yeah oh
there we go time is up
bye-bye

---

### Masters in Analytics and Management Career Centre Session | Admits Welcome Event
URL: https://www.youtube.com/watch?v=8yzOI5DkC3E

Idioma: en

okay it's recording now so welcome um
so let me introduce myself to begin with
my name is kira hughes and i work in the
career center and i lead on the
mam program as well as the mim program
um so i've worked with lbs career center
for
just coming up to four years now um and
prior to that
i worked in a career center with another
great business school in london
um imperial college where i focused on
masters level students so i have loads
of experience working with early career
students
and really love working with you guys
helping you navigate careers
and competitive recruitment processes
before moving into the career center i
was a recruiter myself
i've had a variety of roles within
global hr and recruitment so i really do
like to share a recruiter's mindset when
i'm working with students
um there's probably a few too many for
you guys to introduce yourself so we'll
leave that for now
um i will just start by sharing a couple
of slides just to sort of
i don't want this to be a big
presentation i want you to ask the
questions but just to
to um sort of aid with the sorts of
questions that you might want to ask
so i hope that's okay with you guys i
will go through them very quickly so
just someone give me a thumbs up and
tell me you can see my slides that zoom
is working
fine i can see you not in great so
i don't work alone so just say that you
know that where there is a core early
careers career center team so we're
approximately the career center is just
under 40
staff in total for early careers there's
four of us that work directly with you
guys and predominantly with you so
there's amy she's in the main room at
the moment there's kelly who's in the
mfa room
and there's caroline he's on a
well-deserved holiday at the moment
and so we make up your core coaching
team but we're obviously supported by
a whole load of other career coaches as
well as employer engagement
team members who work tirelessly to
develop relationships with employers
bring them on campus
post jobs and also work directly with
you one to one
so as christian was saying in terms of
the career center and our curriculum
our main aim ultimately is to help you
to proactively
manage your career um and so we support
you
but you do have to do some of that well
most of the heavy lifting
okay and the idea is that our curriculum
um
instills lifelong career skills and it
goes without saying this isn't the next
job that you get after masters after
business school is not going to be the
job for life so it's about
instilling career skills that you will
revisit
and reuse time and time again as you
continue to progress
and accelerate your careers throughout
the
40 50 years of working life
how do we do that so we do that as
christian said through career coaching
and advising so in one-to-one sessions
whether it's with someone like myself
like a career coach
or whether it's one of our sector leads
on the employer engagement side of
things
we have a careers curriculum which is
embedded
into your programme so where we will run
through a
curriculum of workshops and develop the
skills that you will need
to make good career choices and to help
you achieve the job that you are seeking
to achieve at the end of the masters
and we provide career opportunities so
these opportunities are
networking and recruitment opportunities
whether it's with alumni whether it's
with current students or whether
it's with employers obviously
so just this is probably a lot of
information um and you'll you'll hear
this again when you join the program but
just in terms of the one-to-one support
you can meet with coaches
like myself and we work with you to help
you identify what it is that you're
looking
to achieve from your next career move
we can work with your marketing material
in terms of cvs cover letters linkedin
profiles
networking strategies application
strategies
we're often used as sounding boards um
sometimes i do feel like a mother to 500
students
but you know often used as a sounding
board but probably i'm slightly more
objective than any of your parents maybe
if you talk to them about career
decisions that you're making and we help
you make action plans
you also get to meet our sector leads so
they are employer engagement
engagement leads they work with
employers within specific sectors
broadly categorized within finance
consulting
tech and diversified and they each have
sub-sectors within those
main sectors there you can speak to them
about sector-specific questions
or advice that you may have you might
want to ask questions about the career
plan that you have you know is
i know product management the role for
me
um do i really want to work within
big tech or am i more suited for a
startup
they can help you share their personal
opinions
and based on the experience and the
skills that you have so far and the
plans that you are trying to achieve
they can help discuss networking
strategy
and then we have our peer leader program
and those of you that
are engaging on the meet lbs may have
engaged already with some of our peer
leaders so our peer leaders
are experienced mbas executive mbas and
sloan students
who are recruited to to coach and
almost supplement the career center
and share any sector specific or
function and specific
experience that they have with you
so i'm just gonna share one more slide
before i start to open up for questions
just in terms of
getting you to understand the timeline
that may be ahead of you
and so first of all looking at it from a
recruitment perspective and then how we
support you from a careers perspective
and how that maps
so from a recruitment perspective you
can see recruitment happens
year round um i think
sometimes some people come to business
school
expecting to be done and dusted with the
job search by christmas
that is a lovely place to be in if that
is um
something you do find yourselves in but
only roughly about 30 of our students
actually
do that the majority of our students are
still job seeking through the spring
and through the summer terms and some
after the program has
has completed and the month or two
months after that program
so when we think about recruitment what
happens in in the early months
is what we call structured recruitment
so this is recruitment
um by large organizations that
um have graduate recruitment programs
so the likes of amazon
the likes the big bold bracket banks if
anyone was ever interested in investment
banking and the consultancies
particularly within london they will be
advertising their positions
some for asia and the us in particular
as early as the summer
and but the majority from around
september
so as you can see september october and
november can be
if you choose to engage in this
recruitment cycle
really busy months so it's just making
sure that you come onto the program
with knowing that because i also know
that that is the busiest time on the
course on the mam
that's when for some of you you're
learning new programming languages
um you are learning
new fundamental um you know fundamentals
from the academic side
at the same time as having to try and
make your applications and prepare for
any interview and assessment processes
that you may be going into
and those typically go towards the end
of the calendar year
some will carry on into the new calendar
year
but as i said recruitment happens year
round and recruitment for internship and
full-time consulting often in local
offices
so locally so if you're from europe and
you're thinking of going back to your
european
um home countries often recruitment
happens in springtime
there and off-cycle internships will
start from around january
and carry on through the early months of
the year
and then we move into what we call and
what we're experiencing right now of our
current students direct hire recruitment
so this is when a whole host of really
exciting
um companies are advertising roles
at a point of need so they generally
advertise about three months before they
wish
to have people on board and in place
so it makes sense that that kind of
kicks off around now
because you don't finish your course
until around july august time
so how does that work in terms of
what you can expect from us within the
career center
so in the summer we will be doing our
summer support series which was really
successful last year so that will start
from around
end of june beginning of july you will
already be able to
work with us um through online
workshops and there will be some access
to one-to-one sessions looking at your
cvs
as well the summer support series will
be focused on
getting you ready so anyone that wants
to engage in
early recruitment activity will come in
september starting the program and feel
ready
and planned to be able to engage in that
we then carry on and have workshops so
don't worry we understand that a lot of
you do internships
over the summer or you may be maybe not
so much now traveling but other things
that mean that you can't engage in all
of the sessions that we do we do
continue to have workshops
when you start the program in september
we will be working with
our employer engagement team working on
job search and application
strategy sessions so that you can really
work out what makes sense
given the industry that you wish to to
enter into
and the plan of action you need to have
for those first three months
or longer on the program we work with
you in terms of developing your story
it's really important to understand
how you come across in any kind of
networking situation so whether that is
in a formal
session where you're meeting with a
recruiter or whether it's a case of just
meeting
a fellow student at london business
school
or an alumnus of the school really
understanding how
you introduce yourself and how you
explain what you are looking to achieve
is really important in terms of gaining
um support from other people and having
a clear plan of action so we do a lot
around storytelling
we also support you in terms of
preparing for interviews and assessment
centres that you may
experience as i said with recruitment
being quite early on for some of you
it's important that we do that quite we
do that early on so sometimes it feels
like everything is just being thrown at
you
um it's not because we want that but
it's because that's what the market
demands um and you wouldn't like it if
we didn't do it
um and we provide a whole host of alumni
and recruitment networking opportunities
so this year um actually i suppose a
blessing
and in terms of working virtually was
that we managed to engage so many more
internationally based alumni with our
alumni
and networking sessions than we've ever
been able to do before and it's been
really great
and really encouraging to see and we
will continue doing that
um you know no matter when we come out
of lockdown
and career skills workshops continue in
the spring and the summertime we support
those that are
engaging with direct hire recruitment we
do application refreshes
and networking opportunities to continue
so
yesterday we had a boutique consulting
event where approximately seven
boutiques came and presented and pitched
to our students and also i hosted an
event with revive tech
um particularly with the mams in mind
and that's a website um where you can
engage with a community of people that
work within
data product engineering or design roles
and they work very much to mentor and
support you in achieving your job so
that's that was a really great session
to have yesterday um
yesterday and throughout all of that we
do one-to-one coaching and advising as i
said with career coaches sector leads
and peer leaders
you have access to our online resources
24 7
and our jobs board as well where we post
um
jobs jobs specifically targeted at lbs
talent
so that's i'm going to stop sharing
there because i want to make sure that
you guys get to ask
questions and that might have prompted
some questions i have some other slides
if they seem
right to bring up depending on the
questions that you have i can go back to
the slides
um in terms of the questions the chat is
disabled i understand so just raise your
hand
either in real life or via zoom
and i will call upon you and get you to
unmute yourself and ask your question
so isha you have your hand raised please
do ask your question
perfect thanks cara for that i think uh
it's really useful
um so i think one thing that you
mentioned early on is that
september at least that period of
september to november is really busy for
one applications and then obviously most
people are applying
to jobs at that point in time so i'm
assuming that there will be a lot of
pressure on the career center as well
so is there a way to sort of make sure
that we have
some framework to getting time with the
career center is there is there
something is it something that we need
to do on our side or
is the career center sort of available
to everyone during that business period
okay yeah i think i i think i understand
your question i think
if i'm right in summarizing your concern
is that everybody will be wanting the
career center so how do we make sure we
can get
access to the career center when we need
it so obviously the workshops when we
put them on it's when you're free from
academic
um commitments um and class time so
they are only scheduled when we know you
are free so you are able to access those
in terms of the one-to-one sessions i'm
gonna i'm gonna be honest
yes sometimes it can feel like you can
never get a slot
okay i will be totally honest with that
however
we do put up um as much availability as
we possibly can
you will be told in advance when the
availability is going live
um like this year for example it would
always become available on a monday at
11 30.
um what we do do though what we do also
do
is um we ask you to be mindful when
booking the slots because sometimes
people just book them because they're
just there but they haven't really
thought about
what they want to use them for and they
do not use them
in the best way okay so that's why
engaging with the summer support series
and the early workshops is the best
thing to do because
that in those in those workshops you
will get a whole host of information
that is easy to obtain and does not need
a one-to-one session um
one-to-ones with peer leaders are
limited those are eight
by by term per person
and so again you want to be judicious in
terms of
who you're booking in with when you're
booking in with them and for what reason
and we will help guide you with that and
you talk about a framework we will help
share um ways in which you might want to
engage with the peer leaders
reasons for why you might want to book
with them we also continuously monitor
it so if we can see that there's lots of
demand and no availability we will
increase availability where we can as i
said the core
early careers team so myself caroline
amy and kelly we only see you guys we
don't see the mbas
we see the mbas outside of this busy
season we support them
when they get busy which is in january
this year we actually opened up only to
early careers for the first two weeks
and we didn't open up
for mba so our employer engagement team
our sector leads they only saw early
careers for the first two weeks they
didn't open up to mbas because they just
knew that they didn't
need it for those two weeks whereas you
guys do
so i hope that alleviates some some
concerns you may have
and answers that question is there
anyone else with a question
i might have to call upon you if you
don't ask me questions
what's your biggest worry about coming
and doing the masters
i knew hi why don't you share what are
you most
anxious about i think i'm someone who's
trying to shift
uh from an engineering role to
management role
okay so uh before the program uh as in
in september where we would be actually
learning it
i really am worried if i'll be able to
uh share with my maybe interviewer
the skills i would be gaining in the
future yeah
absolutely and i think that's a really
common concern and that's why we place
so much emphasis with our workshops on
the
developing your story and telling your
story
so it starts by understanding yourself
what you have to offer
yes you're an engineer but there's a
whole host of other transferable skills
that i'm sure you've developed and
through
conversations with us we can help um
uncover those
and understand which ones may be um
of relevance um and of significance to
the employers that you are trying to
target
and then we look at different ways in
which you will introduce yourself so the
different circumstances
um within which you will meet either
alumni or recruiters
and how um you may want to be
introducing yourself so that it engages
with that audience
and then it's also about how that
filters through everything in terms of
your linkedin profile
your cv your cover letters when you're
making your applications as well
so i think the mam is one program where
we do have a lot of people that come
from an engineering background and
they're looking to make that shift to a
more
you said management focus role i suppose
a more business related role
um that can be great you know that and
and that is definitely achieved by lots
of our students so
totally empathize with that concern
hopefully the way in which we support
you you will feel supported and
equipped in being able to communicate
your value which is essentially what i
think you're talking about
anyone else what other questions go on
ask the questions
if i don't know the answers i'll just
say i don't know
is there um a full report yet about the
class of 2020 in terms of where they
actually ended up
because i have a colleague that actually
did attend that that program and i've
been like
routinely sort of like through linkedin
following where those people ended up
um obviously throughout 2020 i guess
there wasn't much going on i guess due
to the pandemic that so i just was
wondering
where we stand now yeah absolutely and
do you mind me asking who was your
friend who did the program
alexis oh okay girardi right
yeah he's at bloomberg exactly yeah
and yeah the employment report so have
you guys
have any of you downloaded the
employment report from the website
yeah okay so some of you have so just go
on to london.edu
um it's the easiest because i can't
share the link in the chat i'm afraid
and so go on to london.edu and in the
masters in the career impact page you
can download the report
and let me just go back to sharing go on
sorry
those were mainly for i think they were
quite outdated or unless they'd been
recently updated
no the mam one should be there it got
released about
a month ago now okay yeah um
yes basically just so that you know we
don't hold back
um because you know we feel like it but
we report at three months and four
months out of the program
so we can't do anything before i think
the cut-off date was
christmas day this year or last year so
that's why it takes some time to then
clean the data
and get it looking in in the report so
this is just the overview of the report
so here you can see
94 accepted offers 96 received offers
within four months so to your point
about the pandemic
i would agree for the mam it was quite
tricky for lots of them
they were caught in the middle in march
where they suddenly had to
you know leave london go back home job
search in markets that they hadn't
initially thought that they were going
to have to and there were a lot of there
was a lot of movement
still at three months and four months
and even
since they've left i've seen people move
make moves um within their jobs within
four months of starting their first role
so there continues to be movement
we can see that 40 of that class went
into consulting now consulting is quite
broad
um and then 32 went into tech
um if it's of interest i can show a few
more slides just within
those two fields so
when we look at consulting
so ah so first of all this is something
i would like to actually i think is a
good message to get out to you guys
so we can see from that class half of
the class
return to their home countries and half
secured jobs outside of their home
country
and when we look outside of home country
the majority are going to be in the uk
and this is interestingly exactly the
same trend that we saw on the mim
last year and what this means is
all i'm saying is that do consider
all options all possibilities
okay i know you're coming to london
business school and for some of you
maybe your priority is london but do
really think about
your priorities and also think about
the networks you might want to build in
your home countries before
you come to the uk okay
um so then with regards to consulting
we can see that these were the
consultancies that hired our mams
so 14 consultancies 24 offers
five companies made multiple offers
if we look at the next slide you can see
where those offers were made because i
think that's quite important to bear in
mind as well
because often in our employment reports
unfortunately the way we present our
information
it's just industry and then location but
they're not actually joined together so
i want you to know
if you look at it mckinsey made one
offer in the uk
bane they were not in the uk and bcg was
not in the uk
so you can look at this and you can see
that when it comes to strategy
consulting which i think is often a
really big draw for a lot of our
students
the majority of us our
students that achieve roles within mbb
so mckinsey bain or bcg it will be in
their home countries
or in third countries like the uae
so dubai is quite a big hire so there
are a couple of mams that ended up in
dubai
that's on the consulting side and then
there were other consultancies so one
that you ones that you may not have had
of
aurora where they they focus on energy
we've got capgemini which is obviously
a great great company for analytics
programs and capgemini
is is a great company for anyone from
the mam program
accenture deloitte and then ox0
when it comes to tech so these were the
offers within tech
so here we've got 19 offers and
they broke down into these subtech um
fields
and again these will have been i can't
remember off the top of my head but
the majority of these were in the uk
um
and then i know because often i'll show
it i don't know you can ask me but often
people want to know what type of roles
people took on
um so there's a variety okay
so here you can see
i suppose what makes your job search
that much more difficult than a lot of
other people
okay um a lot of different role titles
um but often also the role titles
don't mean anything you could be called
a data scientist in one company but in
comparison to a data scientist in a
different company your role
responsibilities could be completely
different and this is the one thing
i find on the mam in particular
the most difficult for people to get
their heads around
and so if there's anything that you can
be doing between now
and the start of the program it's
actually
just researching
and investigating job descriptions that
appeal to you
because doing you know having job alerts
for data analysts data scientists
um data engineer whatever it may be
um to some degree aren't that helpful
you really want to know for yourself if
you were
in this role whatever the role is the
post man role
what you want to be doing and the skills
you want to be using and the skills that
you want to
be continuing to to develop because you
need to have a firm understanding of
that
in order to know whether this data
analyst role i know
infras uh you know is as good as or
different to the data analytics
associate role at thought machine for
example
so i will stop share again
and but as yes as i said download the
employment report you can download the
other employment reports as well
um because obviously the man we've only
got one report as of now
um and and to view and start doing your
research into the companies that have
hired our talent
um and the locations that they've hired
any other questions i'm going to check
on the time we've got about 14 minutes
but obviously we don't have to say issue
yes um is it possible for the people so
you mentioned that some people got into
mbp in international countries like the
uae
is it possible for us to get access to
who
those people were so that we can sort of
talk to them and get to understand their
experience of applying
yeah i mean there's a great um platform
called linkedin
i'm sure you've heard of it i'm being
facetious no linkedin
um you know if you go onto linkedin and
if you go into the london business
school
um linkedin page
you can see the alumni
you can then filter it by bcg i think it
was bcg
oh one one has also gone to bain he
won't be on that report as being because
he got the job offer after he took
strategy and for dubai um
but you then just search by by company
and then by location
you might then need to do a little bit
of looking at different profiles because
you won't automatically know whether
they're an man
student um but that's the best that's
the best
place to do it and then think about how
you reach out to them
yeah because i think it's great that
you're being proactive and thinking
about how you can do that now
absolutely um always consider it from
the receiver's perspective
so i think on the main call i know you
weren't all mams obviously and there's a
whole host of mbas and mims and mfas but
there were what 560 people on this call
imagine 560 people that want to speak to
this person that works for mckinsey in
uh uae you know that's 560 messages
they may or may not respond to so
um i think you're right though issue to
to use the mam
as your kind of um point of connection
um because anyone that's come from a
program is going to have a close
bond to others that are doing the
program
and i think be open and honest and be
as specific as you can in terms of why
you want to speak to them um
try and avoid general generalities such
as
i'd just love to hear more about you
know what it's like to work
as a consultant at mckinsey
those kinds of messages are too easy to
ignore
and to just fade into the background so
be a little bit more specific do a
little bit of research be a bit more
laser-like in terms of the question you
know i specifically i'm early in my
research
i've specifically wandering around this
concern that i have
for example because then when the person
receives it they can easily say yeah or
no
and if it's a no they're like but i know
who they should speak to and so i could
just easily direct them to that person
perfect
also um who's who's engaged on lbs meets
so far
or meet lbs lazar is it lazar
and how have you found it tell me more
about your experience and then lisa will
hear from you as well
yeah uh well in the welcome email on the
uh
letter of acceptance i just received the
link for the
mid-lbs but later on i received
credentials uh for that platform
okay okay and lisa what about you have
you been to
have you engaged with any of the people
on there
yeah like i have been using it since the
last last december
and it's been great and i think there
was like an introduction zoom
to introduce meets to other new users
and i think the founder of meat is also
an lbs illinois right he is from the mba
yeah it's great i know other business
school has something like this so i
think it's a great opportunity for us to
meet people in advance
and attend events as admits so
yeah thank you no no problem at all yeah
it's a it's an alum that's set it up
um so he completely understands the pain
of students
um in terms of all of the different
communication channels and how you
network with people so it hopefully
should be a good product
for you to use and we've heard some
great stories about people being
connected with people
some people have secured internships
through um
the connections that they've made
through that platform so do you engage
with it
we also um there are also events from
our employer engagement team talking
about different sectors
and how they work with the recruiters
within those sectors so just keep an
eye on it and engage with us as much as
you can
um bearing in mind your schedules right
now
and we will also be posting and
communicating with you through there as
we move into our summer support series
as well
kazmi you're out of the shops and in the
car
yeah yeah i'm out
so i'm gonna stick to being in the car
until the call finishes
so where are you that's about to go into
lockdown
uh i'm in romania right now and uh
promised to get some things done for my
grandma and
yeah everything closes at six o'clock
here
so that's about 20 minutes from now oh
you just you have an evening curfew do
you
yeah yeah okay okay well
i'm sure your grandma's going to be very
happy with you yeah
thanks okay does anyone else
have any questions yes comments
i wanted to ask regarding your um or the
students that have managed to land jobs
in the u.s whatever the circumstances
you
usually or those dual citizens
um and then also thinking about if the
the global immersion field trip will
take place next year
okay okay um so
those that got jobs in the us i'll be
totally honest probably 100
of them had the right to they were
american citizens
um it's really difficult if not
impossible to get authorization to work
um otherwise so absolutely consider it
if you have that option
um but it will be very difficult
otherwise i think
some students in the past there was anna
mam
it wasn't even in the us he got
something to do with where he could go
and work in canada for a bit
um through some i don't know he applied
for some kind of special visa or
something but in the end
was it us companies also recruiting
specifically lvs or was it u.s citizens
outreaching to u.s companies yeah the
latter
u.s companies don't need to come to lbs
to recruit unfortunately they have
a um a full plethora of business schools
on their doorstep that they do
you know campus recruitment for so it is
um yeah there's much more proactive
proactivity demanded on the students
side so we did have um
isabelle from the mam last year she was
a u.s citizen
and she got into consulting i can't
remember which consultancy it was in new
york
um we have alumni that work there
um that the majority of our early
careers alumni that have ended up in the
us
did it as transfers from the companies
that they were first working for
in london so they've done it a bit later
on so there are alumni that they can
connect with but
ultimately i think isabelle used her
sister quite a lot who was at school in
america and had
inside access to when the companies were
going to be on campus and
opening up and that sort of thing so we
can work with you our sector leads also
look at
different geographies they don't just
focus on on london as you can see half
our man
class got their jobs outside of the
outside of
the well i don't want to say outside of
the uk but outside of um
you know in their home countries so they
do support in
um providing opportunities and
connections globally as well
but yeah it's unless you are a usa it's
it's difficult
a difficult goal to have but not an
impossible goal to have
um and then your other question the
global immersion field trips i'm going
to be honest i don't know
um but i do there is a program director
session on the 15th of april
i've heard um so i would encourage you
to attend that if you're free and it
will be recorded if you can't attend it
because the program directors will talk
more about um
you know how the course is the plans for
how the course is going to be
taught and the plans for global
immersion field trips i would say at the
moment it's probably too early for us to
be able to be definitive
at this stage um and at the moment we're
planning for every eventuality um
so on the careers side of things we will
do as much as we can in person and on
campus
but we will because actually it's the
right thing to do
keep some stuff virtual
so some of our sessions will be virtual
because one we can
speak to far more people we're not
constrained to how many people can be
fit into a room
and two we can get international alumni
and recruiters at events when it's
virtual
um so so be prepared to to have
have both also
we have to take the lead of our
employers and our recruiters and whether
they want to come on campus or whether
they want
to continue in some kind of virtual or
hybrid format
[Music]
you know because because they will
decide
but 15th of april for the program
director session
any other questions
hi so um
and then we'll go to rhino yeah so
um my question was that uh it was
similar to the one that was asked about
usa
but are there opportunities for
non-european citizens to get a job
across europe not just
uk at places that you don't really have
work visas for
and other than europe the same question
for dubai as well like i saw a couple of
um placements in uae and dubai um
personally many of us don't really have
work visas there or
even there's also a language barrier so
in the past what have we seen as a
precedence for
such a switch without a language
without the local language and or work
visa
and so i i i might need to check that
i've caught all of that i think
in terms of local language in europe
it's really quite important to have the
local language
i have heard of some people for example
get jobs in germany who haven't spoken
german
but in other countries no not so much
for dubai however they're the most
internationally open and you know the
people that have secured roles there
have been
are not citizens and they get they get
sponsored by the organizations
to go to dubai um
what was the first part of your question
so non-europeans
to to get roles within european
countries outside of
the uk yeah yeah so
well you are going to need work
authorization
yeah and you would need to consider the
local language requirement
and if you're working in um
fields such as consulting or banking
where with the clients
the expectation would be to speak with
clients in the local language that is
going to be very very difficult to
achieve
input on that as well because currently
i am at pwc in austria
and actually most recently we had i
think it was two
indians that have joined um to our
company who do not
speak german i think maybe that has to
do with the current shortage of
of tech talent across europe in general
that you know they're a bit more lacks
on those
those requirements thank you thanks for
sharing that clemens
and reiner what was your question oh
hi so i had one since that the
employment reports that you showed um
in the presentation in that the work
visa of the uk
wasn't there but now the policies have
changed so
uh i mean i think it's extended to two
years or three years so
um it will that increase the chances for
international students to get
jobs within the uk or like how will it
affect the job situation
well the hope is obviously yes the hope
is that it makes it more of an even
playing field for everyone
um and at the moment
it's still a little bit of a wait and
see um
as to exactly how much it changes things
um
they the government only just announced
that it will come into force
definitely on the first of july um and
so until then i'll be honest
employers have been very
they have not been looking at it at the
moment but they are now having to
consider it
and and lots of our students are you
know being asked to provide um
or give confirmation of what their
status is
you know and what visa they're on et
cetera so it is opening up some
opportunities
i you know and so yes the hope would be
that it does make it
make it better i just don't have the
hard data and the hard facts to say that
it has made a huge change
okay so what you're trying to say is
like we get to know once we join because
july would be when it's not getting
affected yeah exactly
thank you no problem so i think
i think we'll draw it to a close and it
was lovely to meet with you
and to see some of your faces and in all
of the various locations that you
are and hopefully you found it useful um
i understand that you've got another
session
um with kathleen o'connor that's drawing
the whole day
to an end and you should have the link
to that session
and so do you feel free to to drop off
grab a glass of water before that
session starts
i think or it might be starting very
shortly so
take care nice to meet you and hopefully
i look forward to welcoming
um you in september goodbye
thank you bye bye thank you thank you

---

### Masters in Finance Career Centre Session | Admits Welcome Event
URL: https://www.youtube.com/watch?v=G1n4GX_A2oI

Idioma: en

everyone again so you have the the
pleasure of
my company for the next 45 minutes
together with my colleagues
christina and marcel from the career
center um christina why don't you
quickly introduce yourself
good afternoon everyone my name is
christine and i'm the myth career lead
i'm delighted to be here with you this
afternoon i'm also here with my
colleague marcel he's one of the
dedicated coaches so
i'll hand you over to myself so she can
introduce yourself
hello good afternoon my name is marcel
yunes i'm a dedicated coach at london
business school and it's a pleasure to
be here today
welcome okay so
what i didn't tell you in my little
introduction
earlier on is that in the eight years
that i've been
at london business school most of my
time has been uh dedicated
for your benefit the masters in finance
class
um i have finance running through my
blood
and um masters in finance is a program
that is very dear to my heart and the
outcomes of this class
are incredibly important to me um even
though i'm supposed to treat
all programs equally so that is why i'm
in the in the
breakout room today it would be great if
more of you could turn your cameras on
because it's great to see faces and i
can only see about half a dozen at the
moment i know they're more of you
out there so if you are able to turn on
your your camera
please do so it'd be great to see you
but i'm basically i'm here with my
colleagues
um and able to answer any questions that
you might have around
myth careers uh we'll answer them if we
can if we can't we'll make a note of
them and we'll
get back to you on them but really this
is your opportunity
uh to ask questions rather than me talk
to you because um
otherwise i'm going to switch off and go
watch the football so
i'm otherwise i'm a big liverpool fan
and they're going to be kicking off very
shortly
so please far away honestly any question
will be a good question there won't be
any silly questions
uh trust me there will be many people
um who will probably be wanting to ask
the same question
so we have one christian lara perez
raised her hand
so laura do you want to go ahead and ask
christian your question
laura hey guys i think a lot of people
log in with my name with my link because
i send to
through the chat so there's like 10
different laura parras
and this is not me who is asking right
oh sorry then
it's me my name is ferris um sorry laura
i used your account because i
wasn't able to join uh first of all
thanks
so much thanks for the intro
and christian story i can't turn on my
camera for uh for the reason that it's
still
7 00 am where i am right now and uh i
woke up for
not too late no it's not uh
perfect oh my question is i've heard a
lot before applying and
while talking to alumni the challenge
after
graduation is you have to pick between
three options
either you change location either you
change
industries slash field or you change
um seniority uh
what's your thoughts on this and i
haven't got an answer of
is it possible to do two or one as the
max
and uh if you have any comments
regarding that thank you
yeah great great question love that
question so
we used to have a slide um and maybe
like
still use it of fish jumping out of um
yeah we do okay i won't give too much
weight anyway
so what you're referring to is
effectively the triple jump
so and of course any any jump is a is a
jump in its own right if you're trying
to transition that's a jump if you're
trying to change location that's a jump
and if you're trying to get a pay raise
um that's the jump so
um yeah i mean the reality is anything
is possible
and it all comes down to your
self-motivation and yourself your
self-belief
um what i think i generally say to
people is um it's more likely
the in the the first jump in the first
move post-graduation you will achieve
one of them
maybe two of them um it's unlikely
you will achieve all three but if you do
then absolutely great
and i think a lot depends on how much
work hard work you put into it to be
candid with you
and how much interpretation you put
around
what it is that you want to achieve so
for example
if you if you're very specific and you
want to go into hedge fund management
maybe a first in london maybe a first
jump is
is asset management somewhere in london
rather than hedge fund management
um or maybe it's some sort of analytical
role which will enable you to become a
hedge fund manager
at a later date because don't forget a
lot of the times
um the market will be the opportunity
set that will be dictated
um will be your
your opportunity set will be dictated by
the market in terms of what's available
and and sometimes for example when we go
house hunting to move house
the house of our dreams isn't always
available then we have to go into rented
accommodation for a little while
um and so that's a really good analogy
in terms of
we know we literally we find a base from
which to operate
um to make the move at a later date so
one of the key reasons i talked about
curiosity
is that i think it's very important to
look at the wider subset of
opportunities
there are many careers advisors who say
oh no focus is really important you just
got to focus and you must focus on this
one thing
and you must pursue this this one dream
that you have and
nothing else and i and i say a dream is
a great thing to have
and i think our plan to achieve the
dream is important
but the reality is is that along the way
to achieve our dreams
we have to accept compromises and we
have to we have to have a couple of
nightmares along the way
so um that won't rule out uh
making the dream come true the in terms
of the specifics around what you're
talking about
the location piece has become a little
bit easier i think
because the the visa rules have changed
quite significantly here in the uk
uh for a start for the the playing field
has been leveled for
non-europeans and europeans which is a
significant factor for the myth in
particular given the makeup of the class
generally
um and there's a new two-year visa which
has been introduced which should help
location mobility uh post the masters in
finance but what i would say to all of
you
is please be flexible when you come here
think about the wider subset of
opportunities
um look around you and think about
the steps that you might incrementally
take to achieve your dream
um and if you achieve it in one go great
many people do
but sometimes there aren't there's
simply aren't enough opportunities
available
for everyone to achieve their dreams all
at the same time they won't get
does that answer your question sorry
i've forgotten your name i'll also
remember laura
yeah my name is ferez and absolutely
thanks for the answer thanks
thanks a lot so for the thoughts along
with the answer any any more questions
jessica hollard christian jessica
hi um nice to meet you i'm jess so i've
heard conflicting stories about when i
should start really
reaching out and starting the kind of
neck
um so on one side i heard you shouldn't
start too early because you're going to
exhaust the people who you're talking to
you don't want to annoy them basically
and then i met someone else who said you
need to be starting right now
which kind of worried me slightly um
so yeah what do you recommend i'm
slightly nervous about reaching out to
these people who i have a hundred
questions for
but then coming across like an idiot
before i've even tailored my story
so how would you approach it yeah okay
i'm sure that is a question that is on
many people's minds
okay uh so how to start this question
the first thing i'm going to say
is to recapitulate a bit of what i said
earlier
think about networking as relationship
building
don't think about networking as job
hunting or just
interrogating people you want to reach
out to people
that you can build relationships with
and the reason that that is important is
um you're more likely to get something
from them if you're looking to build a
relationship
um and you're more likely to get a
referral to somebody else within their
network
approached it from a networking point
from a relationship building point of
view rather than job hunting point of
view
so what that means is this is this is
good news what that means is that
actually you should be looking to talk
to people
um who can help you rather than people
who can help you get a job
now so these are people who can give you
information rather than
specifically looking for who who's
hiring at the moment
yeah and and that's critically important
and when you look to build a
relationship with them you should really
have something to offer them in return
as well
so it's not just about what you can get
from them it's what you can give them in
return
now it may well be but at the present
time you have something very concrete
that you can offer a specific person
in which case it's okay to reach out to
them but if you haven't got something to
offer them
then i would probably encourage you to
just wait a while and think about what
it is
you can offer them the other thing that
i would urge you all to do
is think strategically about networking
so
you may have read a book called the the
two-hour job search
um which is written by a careers
professional from another business
school
and and it's quite a helpful book in
many respects
it's quite a useful one and and they
they have a way of building lists and
my interpretation of the list building
that they have here is
to think about the areas that you might
want to go into so for example i'm going
to pick asset management again so you
might want to go into asset management
but you might also think
if i don't get into asset management
because actually it's quite tricky
you know this
management space and i might need to
spend half of my time
outside of the asset management banking
space
or i look at the consulting space
so what you do is you you set some
pillars
around the areas that you want to
network in and within that
i would urge you to just quickly write
down first companies
very very quickly if you can't think of
30 start typing 10 in and then do sort
of related searches on google
so if anybody else has got their mic
open can they just make sure you're all
neutered
i'm getting a lot of feedback at the
moment so please all mute your mics if
you can please thank you
so so yeah just write a list of um of
companies
and then um very simply go on to the
london business school
page on linkedin and look up alumni
on the linkedin page type in the company
and then what you'll see is people who
are associated with that company who are
in
who are part of the alumni network they
may have either interned there they
might work there they may be working
there now
and just just put their name into into
the spreadsheet very quickly don't spend
too much time on it
and so what you do is you very quickly
build up a list of
60 70 people that you could possibly
reach out to
and then individually just pick out
those people look at them and find the
ones that you've got something in common
with
and then write to them and say i see
that you did this or you've done that
i've done a bit of that too
i've got some thoughts that i could
share with you around this particular
topic it would be really great to chat
and then if you if you just approach
people in that vein
um around building a relationship and
sharing information
you're more likely to get people
responding to you
and when you're talking to them you can
then ask them questions
um and rather than ever asking them for
a job you just say to them
do you know anybody else i should be
talking to um about this particular
subject that i'm interested in
and they'll they they know your job
hunting and they'll say oh you should
talk to such and such a person
or what i suggest is you do further
research on this area
and after a while you start to get some
some idea
about how to network and what works
within networking and what doesn't
and one of the really sneaky tricks here
is to
always reach out to the people you least
want to talk to
first and the reason i say that
is when i was working at abbey national
in the money markets
there was a guy in switzerland who
steadfastly refused to
enter into a conversation with me um and
i made it my
my my mantra if you like my my my number
one target
to to actually get a meeting with this
guy um and
eventually he relented um and he didn't
take me into a meeting i went all the
way to switzerland to meet with him he
only ever met me in the lobby
he worked for a major swiss bank and he
became my largest client
um and i really hated talking to him and
it was just because he was shy
and he wasn't sure he was very busy and
so it had nothing to do with me
that he didn't want to talk to me well
at least i don't think it did anyway
i liked i i had that self-belief thing
where i don't like to think it was me
um but in the end he became my largest
client and um
you know i think therein lies to tell
that when you go networking you'll get a
lot of rejection
you'll get a lot of people saying no i
can't meet now maybe another time
or sorry i don't want to talk or they'll
meet with you and they'll seem in a
hurry when they're
when they're talking to you but every
meeting is a good meeting every meeting
is a positive meeting
you always write and thank people for
the meeting and you always
um you always follow up with them a few
weeks later and say look you i met with
you a few weeks ago
you very kindly suggested i do this that
and the other i did this that and the
other and guess what i met with three or
four other people i just really want to
thank you
for giving me that tip and you'll make
them feel like a million dollars
and because you've made them feel like a
million dollars they'll help you again
yeah and i know that's true because
people write to me and thank me for
things and i think oh
i'll help that person again and if you
don't write to me and thank me i won't
help you again
so and networking is exactly the same
right that's the way it works it's human
nature yeah so you
think about relationship building and do
only reach out to people when you're
ready if you're not ready
don't do it come and talk to us about it
we'll give you some ideas about how you
can go about it we'll help you create
the lists
uh we'll ask you to start creating lists
yourself
um and then we we might add some
suggestions to this we won't hand you a
list
ourselves because that's not that's not
helpful for you to hand you a list
it's much better if you construct your
own list using your own knowledge
and that way everybody reaches out to
somebody different otherwise
you're right it's the same person jess
who gets the
call every time so again another
long-winded answer i hope that that
answered your question
yeah thanks to that explanation and
that's made me feel a lot calmer about
the whole process and makes a lot more
sense in my mind
um you mentioned when you were talking
before about some kind of networking
course that you guys were putting on
before the actual term starts
how is this something we all get offered
or do we have to sign up
it's available on canvas and i think
you'll get it in
uh june or july so we actually we wrote
it in three months
from from may to july last year
we got faculty involved um and we
launched it online
specifically because of the pandemic
and it was like 90 of all students used
it and would use
it again um and we're basically we're
revamping it for this year to make it
even more relevant
um so you'll get access to that as an
online course and i would urge you all
to take part in it um you can watch it
you can do it in your own time there are
some exercises involved in it
um but you know with the the great thing
is we managed to get faculty to
to share their thoughts on networking as
well as um
to add to our own thoughts around
networking as well and the good news is
it's consistent
so yeah you'll get access to that i
think from late uh from june or july i
don't think we decided when i think
we're in the process of revamping it at
the moment yes
perfect great i look forward to
attending it melissa has a question as
well christian
yes so just uh following up on
jessica's question uh regarding the
timing so you would advise us to start
as early as we can or kind of wait until
we are
based in london i i think what i would
do at the moment is
i would i would start building your
lists
so start doing your research now as to
who it is you would like to reach out to
you know think about companies and then
identify individuals within those
companies
and then prioritize that prioritize
those people
so if you let's say again i'm going to
keep picking asset management i used to
pick private equity because i worked in
private equity so i've switched it to
asset management
but let's say it's asset management and
uh blackrock is an organization you want
to go for and you find this great alum
that you want to reach out to don't
reach out to the alum in blackrock
first because that's the organization
you want to work for
that's the last person you want to reach
out to yeah what you want to reach out
to is somebody who works for an asset
management company you've never heard of
and you think well i'm not really that
bothered if i work for them or not you
know because they
they might be able to help you give you
information chances are you'll end up
working for them anyway
but you know that because that's the way
the world works right but if you've got
a really top contact that you that you
want to reach out to what you really
want is to go and talk to that person
when you've already spoken to 20 30
other people
so you then say to that person whether
it's him or her let's say to him
you say you say to that person look um
thanks for meeting me today i i've come
to see you
last because i really wanted to go and
speak to these 30 other people
to really make sure i understood the
market um before i come and talk to you
what i've learned is this this this and
this and what i really
you know think about your organization
in the context of everything that i've
learned is this
and what that shows that individual is
that you've really put your heart and
soul into it
and you've taken them seriously and and
that's what's
that's what's super impressive so i i
mean i used to coach private equity
for for many years at lbs and i still do
too sometimes
and i remember i had this guy this chap
in fact i only spoke to him
about a month or so ago because he's now
an alum which is a 24 2015 alum
nba and uh he was the he was the best
network i've ever met he networked with
about 250 private equity professionals
um while he was at lbs and he was so
good at it
they used to ask him questions about
what the competition were doing
so and and that's how knowledgeable he
became about private equity he now works
in private equity in the middle east
so he didn't get london because private
equity is actually a very
local market for one reason or another
and it's not impossible to get a job
um but he's he's working the middle east
and uh yeah he's a great networker
always has been always will be and it
will always stand in good stead and he's
incredibly knowledgeable about lots of
different firms
and that's the place you want to be you
want to be knowledgeable
about firms their strategies the people
within the within the network
so that when you meet people
particularly senior people
you come across as credible because
you're able to talk about their industry
as a peer rather than as a student who's
desperate to get a job
and that's the difference and so if you
don't do the networking
you'll only ever come across as a
student looking to get a job and
you might be good enough because if
you're you know your past and so on and
so forth
but uh to to the extent that you need
that credibility that additional piece
of credibility networking gives it to
you
particularly if you learn something from
every meeting
and you add each person to your network
and then my original question was
regarding um
yes you were saying about looking at
opportunities and kind of
being open to other sectors and so forth
and my question is well where do you
really draw the line and say
okay maybe this is going too far away
from my
expertise like any any insights on that
regard yeah
i'll give you a very good insight i knew
nothing about business schools when i
interviewed at london business school
i'd never thought about working in
careers when i applied for a job at
london business school all i saw was
private equity
and i knew i knew something about
private equity so i but i applied
because i was looking to i knew i was
looking to do something different
and i drew upon a transferable skill set
that i had always taken
um as given
and that i never thought i would
particularly need which was the ability
to
to to identify talent mentor talent
and as i said earlier watch talent
achieve much greater things than i ever
achieved so
you know i i don't i genuinely believe
unless you're
trying to get into an area of business
that requires deep
technical expertise the business school
will not
give you a loan through its faculty
because obviously we will give you some
technical expertise but
there's a level of expertise which you
can only ever learn on the job
unless it's that level of expertise
required most people
fit 60 of all job descriptions and this
is something else i would urge you to do
so
as you're thinking about what it is that
you want to do or the tangential
opportunities that are available to you
at london business school
please just read job descriptions and
have a
green and a red highlighter in each hand
and highlight and green the skills that
you have and the things that you can do
that are in the job description and
highlight in red
the things that you need the skills that
you need to acquire it's as simple as
that
and if you're short of ideas of where to
look go on to e-financial careers
today or tomorrow and just print off 20
job descriptions
i know it's not very good for the
environment but never mind
print off 20 job descriptions and just
go through them
and i guarantee you you already have 60
of the skills that you need
and this is where the self-examination
piece is really important you have to be
honest
about the skills that you don't have or
that you're short of and the things that
you need to work on
and then you come to london business
school and you come to us and you say to
us these are the skills that i need to
work on
this is what i know i'm this is where i
think i'm weak
and the chances are you're not weak
you're just you're just not able you
haven't thought about
the the examples that you need to
illustrate how good you are in certain
areas
and again you know i do a whole module
on um
transferable skills which is one of my
favorite subjects
which will help you identify what it is
that you're good at and articulate
what it is that you're good at and then
you will start to believe that once you
once you think about it you'll start to
believe that you have something really
great to offer and you'll focus on that
when you're talking to people and you'll
come across as far more genuine
and that in the end people would rather
hire a genuine person who can learn
than a disingenuous person who has the
technical skill set
and i think that's really important to
remember
if you have the belief that you have
something to offer and that you can make
an impact
at the organization that you're going to
then the chances are
you will and you will convince somebody
that that is the case
perfect thank you so much christian
really helpful
tania morales hi
hi chris hi i'm lori hi kristen
hi michelle i actually have two
questions
one is like since when can we
approach career centers uh for the
questions we have like right now this is
the first time we're actually talking to
you guys
in a one-on-one basis so can i start
like approaching you right now or do i
have to wait until i am
like a student do you know that that my
course begins that's my first question
and the second one is i've heard like
the
the recruitment process in the uk is
very different from the one
where i'm from and from peru so i heard
a lot of different stages
and i want to know if like international
students
struggle to adapt to this like new
recruitment
process because i've heard like it's
really long
have lots of stages for example in my
country we only have like maybe two
interviews
i've heard that some companies have up
to six
stages so i want to know a little bit
more about that
okay so in terms of the access to the
career center and i'm going to look at
marcel and christina to jump in
in a second we have we have a
suite of curriculum
workshops that we will put you through
when you arrive
on campus or whether that's virtually or
physically
okay so there will be many many uh
you will be sick of us after six weeks
after your first six weeks at school and
we will we will let you know when that
that will be um it may well be that we
do one or two webinars
before that so i'm looking at myself
christina's nodding
we will probably we will put on a couple
of webinars before then
just to help you prepare and to get you
to think about some of the things you
need to do
um i suspect you've already got your cv
in the lbs format
um because i instituted that as part of
the
the application process a few years back
because we used to receive all these
rather dodgy cvs and i said no then
it'll be much easier for us to assess
people if we see them all in the same
format
because christina and marcel um have are
part of the approval process now to keep
for you to come on the course so you
know that you've already had
one great tick of approval from the
career center the fact that you can
admit it so well done
um so yeah we have we have a whole suite
of events
that start right from the middle of
august when you arrive um and i believe
we'll have a couple of webinars before
then
and as i said earlier you'll get access
to the networking course um
so and and don't worry there will be
plenty of time there's no need to
do much more than that other than start
thinking about your career and do any
research you can
now before you come and then in terms of
your second question
around the the process here in the uk
yeah i think it depends on the
organization to be candid with you
um some uh might be one or two
interviews some might be several
interviews and
uh and more some might involve modeling
tests
and it totally depends on the type of
job that you're going for
what i would urge you to do and this is
this is entirely up to you
um i would encourage all of you
if you can and you have the time to take
part in
some of the structured recruitment
processes that uh that take place
in january for internships and the
reason i urge you to do that they're
mostly for investment banking but a
couple in asset management as well
um it's not that many of you will land
jobs in that because actually
very few students particularly on the
myth um
in terms of absolute numbers it's the
same it's the same percentages in the uh
as on the nba will get a job through
that process
but it's great preparation for interview
practice it's a great opportunity
because
investment banking interview processes
are pretty brutal
um and if you're lucky enough to get um
an actual or good enough to get an
interview
even if you get rejected at the end of
it
you will learn so much from that process
that when you then subsequently
interview
at the end of your your program
you you will be in a much better place
than than you would have been if you
hadn't
you hadn't done that structured program
process so i would urge you
to to look for interview opportunities
for interview throughout your program
uh i would even urge you to apply for
jobs you don't want
and pretend you know despite the fact i
think it's important to be genuine
uh i think um it's good practice
just to get interviews and and do them
um and actually sometimes you might be
surprised you might actually go for a
job that you don't want and fine
actually this is quite interesting if
you keep an open mind because
i have a genuine belief that all jobs
can be interesting it's what a job is
what you make of it
uh genuinely i believe that um
and uh yeah i would i
i think get as much practice as you
possibly can so that when you are in
front of people
it's not you don't find it as
challenging is it more difficult for
international people i think it depends
on the level of your english if you can
converse fluently in english
and you can put your ideas across in
english then there's no reason why
you shouldn't be considered alongside
everybody else the great thing about
london
is because it is the best city in the
world is it is genuinely
a a melting pot of many nationality
nationalities
it's it's it's it's almost not a british
city it's an international city
um and it's an international city that
spans not just finance but many other
economic sectors and industries um and
you know that's what makes it such a
great and vibrant place to
to live and work and the
employers are very used to having non
non-brits
apply for jobs and in fact they
encourage it i mean they come to london
business school knowing that
95 of the student population is not is
not british
right now hi christian
so and annie ruth has a question
hi everyone thank you for taking the
time to speak with us really value your
insights and perspectives
um krishna i just had a question about
uh
you know having that broad perspective
that you mentioned and i know
mr was kind of asking where do we draw
the end line but my question is
more towards where we draw the starting
line would you would you suggest having
a broad perspective
starting from day one or would you say
that we brought it up through the course
because let's say for example you know
you have top three
industries or sectors you want to work
in and and you might
might land an internship in the third
sector and they might give you
you know 24 hours to sign that offer
letter and and you might miss that train
of your
sector number one which might be a
focused approach
so you know given balancing this how
would you say that
as students we we approach this through
the program okay so
um congratulations if there's a
recruiter out there who wants you so
much that they insisted
within 24 hours um that'll be a nice
problem to have
um but actually they're not allowed to
do that if they're recruiting on campus
so um we we don't allow that
we don't allow them to put pressure on
students i mean
but you do rate the point you raise is
around timelines is an important one
so um for finance students in particular
the the biggest challenge is often the
the investment banking stroke private
equity timeline
because the investment banking
internship the routine to invest in
banking has to be through an internship
and you have to apply in january when
you have to apply
in december to get your interview in
january to start
your internship in june and private
equity generally
is a just-in-time hirer that comes
around in
may june july and you've probably
already signed your banking internship
if
if you were fortunate enough to get to
be in such position
so you know such is such is the middle
class
luxury of life right so
if you if you're in a place where you
have to make decisions you have to make
decisions and
you you have to you have to weigh those
trade-offs yourself
well we'll help you with that in terms
of
where do you start i think the
in finance for me it's relatively
straightforward because
there's really there's um
there's investment banking there's asset
management there's private equity
and there's what i would almost
determine and everything else
i mean sure there are finance roles in
corporates um
there are finance roles within within
consulting firms and big four
but there are fewer of those um and
generally you're you're competing
against an mba set
uh for a for the consulting and the
corporate jobs
um in a way that you know they the the
employees themselves
are used to looking for mbas rather than
masters and finance students and that's
quite normal
but um so i would say you know think
about what
what broad areas you're interested in
but keep an open mind
um you will see quite quickly that there
are tracks
when you come here um and you as long as
you've got in mind what the timelines
are we'll tell you what all the
timelines are when you arrive
we'll we give you an exploring in see i
think we cover about 22 different
sectors in the
exploring in sessions i mean it's
phenomenal what we cover
um each each of our sector leads will do
an exploring in program with you so
you'll get a sense of what the
opportunities are that are out there and
what the timelines are for each
and then you can decide from there on in
you know where it is you want to spend
your time um but i would urge you
for the first couple of months keep an
open mind
because you know it's a bit like when
you're at school i guess
um at school um i remember being at
school and
often being inspired by individual
teachers and the subjects that they were
teaching
right and it's a bit like that sometimes
you're just inspired by a recruiter they
come in you think wow that just sounds
like
really unique and really interesting
that's that's something i'd really like
to do it just resonates with you
and that's why i i would urge you to go
to the careers fairs that we put on
um there are opportunities to meet with
companies you wouldn't normally mean
go and talk to the companies that you've
never heard of because
gen generally they have the more
interesting opportunities i always give
the example of
you know uber uber used to come on
campus seven years ago
and we had all these mba students who
said i don't want to be a taxi driver
why would i want to work and work for
uber
so imagine if you've got to work for
uber seven years ago you'd be probably
be
running a whole an entire continent now
yeah the staff staff options would have
paid off yeah exactly
so yeah
the work we do with startups at london
business school is phenomenal
i mean i'm not saying they're all going
to become uber but oftentimes they can
be the more interesting places to work
the small companies
that you've never heard of are the ones
where you're going to get the most
amount of responsibility
where you're going to be given a brief
and you just get on with it and you
and you learn on the job and you make
mistakes because the company's growing
the company makes mistakes
um and you don't have to worry too much
about your cv as long as
you've done it for a good reason with a
good purpose you'll always be able to
talk about it as an experience
so yeah i would urge you to think about
broadly what it is you want to do do
some investigative work
beforehand there's just so much
information
around all these sectors on the internet
um so many websites you know just
just google how to become an investment
banker for example
how do i become an asset manager there's
lots of websites we'll give you
lots of information about that um and
then
think about who who are the people that
you will want to approach
once you're once you're here studying
and how you're going to approach them
and then come and talk to us
and we'll help you with that um and then
while you're here
go to as many of the presentations as
you can
and and and genuinely listen to what it
is that they say
don't just turn out and sort of half
listening that wasn't really interesting
you know just generally really listen to
what people have to say and you'll see
that there
there is so many really interesting job
opportunities out there i've not i've
lost counter than a number of
interesting people i've spoken to over
the last seven or eight years
who are in industries and sectors and
jobs and roles
that i'd never ever imagined even
existed and they love them
they love them yeah no thank you for
sharing that question if i can quickly
just press you a little bit more
is that you know i was talking to
current students and obviously it's been
a challenging year
especially even during this time during
internships as well
you know what has your perspective being
being in london being in the career
center of
of uh you know uh getting traction when
it comes to finding that
you know specific or a broader uh
spectrum internship and
and how do you see it has transitioned
from the previous pre-covered to code
and
and what are your can i or perspective
of go for the next
next incoming class yeah great question
so and
when when kobe hit so the class who had
it the worst
or the class who have just graduated
because they were looking for their
internships and their full-time jobs
just as kobe was hitting in the
economy uh really shut down you know
so um that was that was really painful
for them
um and we just went into overdrive to
help them and created more opportunities
than ever
um and actually the outcomes were much
much better than we expected
and i think you know the individuals
themselves really became self-motivated
and went the extra mile
and what we found was was that um
i think not just in this country but
employers throughout the world
realize that the the economy could
continue online so
they they started to hire people and
onboard them virtually right so
um it took a few months for that to
happen but eventually
it started to happen such that um
recruitment really started to motor
and actually our employment outcomes
weren't anywhere near as down as we
thought they would be
uh we're just in we're just finalizing
the myth number now it's
it is down on last year the full time is
one last year
but we know actually a large number of
students
are actually in active discussions with
people so
rather than having a 90 rate of three
months we might have a 90
rate of five months for example so it's
just the timelines are lengthening i
think more than anything else i
i don't think it's a dearth of
opportunities and i did read in the
paper either yesterday or today
um there the employment market is
is is fully booming now actually
so he he's a here's a stock tip just go
go and look for all those um recruitment
agencies that are quoted on
the stock market and if they're if it's
not already in the news
take a good look and do a bit of
analysis of stock analysis around those
companies because
um they there is a la there's a death of
talent
to be honest with you and going to a
business school is going to put you in a
great place
but as i said in my my talk earlier
you'll need a lot of self motivation
um and self analysis to put yourself in
a good place to make the most of those
opportunities i'm
i'm convinced for the right people
there's always work and what's
interesting about a crisis as i said
earlier there are always new
opportunities emerging
so things that you wouldn't you would
have never thought of ever existing you
know fintech emerged from the global
financial crisis
i mean it's a massive industry now in
london you know that didn't exist really
before the global financial crisis and
now it does
um so there will there will be new
opportunities emerging from this crisis
i have no doubt
and that's why i think it's important to
keep an open mind in terms of what you
do
um but i think that this class you know
they're finding it tough every class
finds it tough
but the numbers that you really want to
bear in mind
are the at the by christmas about 10
of the class will have found their
outcome
by about easter 30 by june about 60
percent
and then by september about 90
more or less yeah it depends if you're
doing the fourth term or not
but that is true pretty much every year
i've been here
crisis or no crisis
um can i just share a statistic i'm not
sure if anyone saw but um
kpmg did actual poll with 400 recruiters
in the uk market um and they actually
said for permanent hires i'm just
reading it here permanent places have
seen their biggest rise for six years
with a sharp rise in temporary posts so
that just sort of echoes the messaging
that christian said
just wanted to share that
okay next question if i may
put time for a couple more famas
hi christian
um i i totally agree with what you
mentioned before that we need to act as
a peer to uh the person that we reach
out to instead of acting as a
students that want a job um so my
my question might be a little bit stupid
here like
i have i haven't worked in the uk or
european countries before and
my uh previous experience is all about
china
and china financial industry so like
do you have any advice for me to bridge
the gap here like
uh do i need to know more about the
london financial industry or do i just
like need to focus on china financial
industry and then
i'll bridge the gap after i arrive big
campus
yeah i think that's a really great
question i think
it's it's always important to have a
network in your home market because
even in your home market people will
know people internationally
so they may be able to help you in terms
of who they know in london
so networking isn't about who you know
it's about who knows you and that's
really important and that's why
i stress the thing about knowing who you
are and what it is you have to offer and
being able to pitch that and we'll help
you with all of that
but the more people that know you the
more they can help you
and the more people they know the more
they can help you
okay so that's the important thing so
yes having a network in your home market
irrespective of where you want to work
having relationships
everywhere is really important to you
yeah so that's the first thing
the second thing is um yeah i mean i
wouldn't start networking in london
from china without having had any
experience of being in london
um i think you need to come here feel it
experience
it and then unless unless you know
people here already then that's
different
but otherwise i would come here feel it
you have plenty of time
so as i said only 60 of the class
will have a job by the following june
anyway
irrespective of all the efforts that you
make that's just the way it works out
and that's no bad thing because
the reality is you'll have done the
benefit of nine months of knowledge
and you'll be more certain about the job
that you do take the following summer so
that's that that's okay
and you have time there for to
absorb the culture get the vibe get the
feeling so that when you go and talk to
people
culturally you're on the same way
wavelength of them because
that cultural affinity is important
particularly when you're reaching out to
people i think
to to make sure that they're comfortable

---

### MBA Career Centre Session 1 | Admits Welcome Event
URL: https://www.youtube.com/watch?v=UeiJcibNFJo

Idioma: en

um if you have a question i'm
not 100 sure how this will work are you
able to raise your hand do you see
um the opportunity yep we've got um
vic yet um do tell me if i've pronounced
your name
incorrectly if you want to unmute
yourself and ask your question that
would be great
yeah okay thank you so much for sharing
your story uh so my question is more
about
uh the ldp opportunities available in
london or in your
post lbs so do you do you know or like
how many people or what kind of
opportunities are available
for students who are interested to uh
should probably put it into uh
leadership development programs
uh post lbs uh sorry could you just say
that again that is
the leadership development programs that
are available for lbs
yeah post post lbs or nba
forced lbs mbu leadership programs post
lbs
mba yeah okay um that's a difficult
question for me to ask because what the
question that you're asking then is for
something that would happen
after graduation so basically the
opportunities available right like so
once you're sort of
graduated from lbs like what kind of
leadership development program companies
uh like there are diana here there's
those companies come to the campus and
they heard us out there as health
students right okay so yeah i understand
what you're talking about you're talking
about the rotational programs those
sorts of things that
yeah um so zoe who is the head of our
employer engagement team will be joining
this group
shortly um and she'll be able to give
you a bit more detail about that but i
can give you a general
um a general overview of that we have um
many many organizations come to um lbs
every year because they want to recruit
our students
you are by working through a degree at
london business school
you've entered the right to enter the
competition for
a number of different organizations so
we do have a number of large
organizations and some of the
for example the um many of the big
consulting firms
so mckinsey bain bcg would come on
campus and would be recruiting people
many of the large banks would come on
and be recruiting people
um there are too many for me to give you
a long list if you
look at the um the report um the
employment report you'll see where many
of our students went
last year um if you have a slightly more
specific question you want to ask then
zoe will be joining us
shortly but yes we do have a huge number
of organizations that come on campus
every year there is no guarantee that
you will get a place
into those and i do want to be clear
about that we don't offer a placement
service
what we do is help you gain the skills
that you need to apply for these
positions and give yourself the best
possible chance of getting into them um
so i hope that answers your question uh
for the time being
yeah okay thank you um
i'm just gonna i can see your faces on
the screen so i'm gonna go to austin
if you want to unmute yourself and ask
your question
hi there um what do you see successful
students doing in this period before we
arrive in lbs to help prepare ourselves
for
what's what's to come next okay um that
is a perfect question
i'm just wondering if you're a plant
it's such a good question i can assure
everybody else that austin and i have
never met before and we didn't kind of
agree what this question would be um
the the number one thing um that you can
be doing now
is getting to know yourself so going
through a process of what skills do i
have
um you know what do i know of myself and
when i say what skills do i have i'm not
talking about what jobs have i done
i'm talking about what have you learned
from each job so for example
you know it could be project management
i've got good project management skills
i'm a great communicator i'm not so
confident about
x or y you know finance is the area that
i feel weakest in
and start to think what are the things i
could start working on
um before i get there so that's that's
you know build up your portfolio i would
call
it a competency framework and
particularly if there are any people
um in this group today who are coming
from specialist areas like
engineering for example or medical
backgrounds
where you may not necessarily have the
business language yet
um try and think about where you have
actually used certain skills crisis
management
you know organizating organizing people
particularly in the military we have a
lot of people who come from the military
who sometimes struggle to translate what
they do which frankly
is dealing with a lot more complex
situations than many of our business
people
but they often come with a slight lack
of confidence about articulating their
skills
so go through and build yourself a
skills bank
think about it in terms of influencing
where have i done it
where if i led led people in difficult
circumstances
all of those kind of things is helpful
the other thing that you can do
we will be running some webinars in the
summer but is really look at your
linkedin profile
um do some research on other people's
linkedin profiles as well look at what
looks good
what is selling you you know what where
is um
what is sort of what stands out for you
on linkedin because
employers today that's one of the first
places they will look
uh when you're placing your application
or if they want to find out more about
you
so i could go on but those are certainly
two of the key things that you would
would be a good idea to be doing over
the summer okay thank you
very helpful okay great thanks austin
um okay so i'm not let me just see if i
can see
a list um okay the next stop
oh who's popped up on the left-hand side
of my screen and i'm sorry if this isn't
in order of when you put your hands up
is ashna
if you want to unmute yourself yes hi
elizabeth this is ashna here from india
uh i actually had a quick question
around recruitments per se
so a few industries do recruit much
earlier in the cycle of your first year
for example banking where
you start your coffee chats right in
like two or three months into the
program right
so i was wondering around what's the
kind of support that you get for
industries that recruit much
early on and at what stage should you
expect to you know get in touch with
someone from the career center who
specifically in aligned to your industry
okay so um banking is where things start
a bit earlier
um and um so during the summer so during
july and august
we have we run some webinars for you um
where we we won't explain the full
details of all of that because that
you know that that will take too long
but um
one of the first things that you would
do is get your cv up to scratch and get
your linkedin up to scratch which is why
i say
you know start working on your linkedin
now um and that will start happening
over the summer
then from august into september
we'll be running lots and lots of
sessions exploring the careers in all of
the different industries
and then from there you will have a
chance to have a one-to-one to review
your cv with a careers advisor
or career coach
and um the application process for the
on-campus
internship recruiting a lot of that then
starts to take place or at least
the build-up to it starts to take place
september october november december
but the actual recruiting and the ad um
the interviews and all of those sorts of
things
will mainly take place from january to
about march
um so um you know there's you have to
kind of hit the
ground running in all of your
preparation your building relationships
all of those sorts of things it starts
from before you arrive
in many ways and banking is one of the
earliest deadlines
but for this is for campus recruiting
um around about half of our students
would go on to get their internships um
in the second half of the year so from
march onwards so we've got
a number of students now who are on the
second part of the process
um who are finding the individual roles
so they're not necessarily these big
programs but there's lots of startups
for example that recruit
mba students there's lots of really good
opportunities
but they're not mass opportunities there
might be one or two positions so all of
that is starting to take place
um from this from this time on really
for the summer internships
so does that answer your question
i'm so sorry i had like an outage
exactly when you started answering a
question
so i lost a bit of it but i'll
definitely look at the recording later
and write you an email in case i have
any questions but thank you okay
okay it was a fairly general answer so
i'm sure i'm sure it's helpful for
everyone
um hugo is up um next on my screen
hi everyone um good to meet you all um
my question is
for someone who hasn't got a specific
idea of career next steps but is looking
for a bit of exploration
um how much what is an ideal
uh kind of level of of understanding of
what we want to do next
for that first meeting with the career
centers how packaged up should we have
our um our thoughts or what do you help
with that kind of
exploration kind of first step okay um
another perfectly planted question i've
done well in my
in my pre pre-arrival bribes um
yeah the career center the career
coaches are here exactly
for that process to help you explore
what you want to do next
um we also have a huge um bank of
resources um
so self-assessment exercises
all whole sections on different
industries different
functions so you can do a lot of the
work yourself and and read up about all
the different opportunities that you
might be interested in
um so it's very much about encouraging
you to
explore both for yourself and come to a
career coach
who can help you go through that
together you know i don't know what i
want to do
okay here's where you might start so we
might ask you some well-placed questions
that get you thinking
then you might set up an action plan
come back have more conversations
your conversations with the career
center are unlimited
at least with career coaches and the
sector leads so you have all of those
opportunities
um i think um
i think the yeah the other workshop i
just wanted to highlight is something
called
career vision which is um
it's a it's an opportunity to just
really
open up about some some things about
yourself
and um sharing by sharing some um
almost like storyboarding if you like
and that can be quite helpful
as well because you may not be able to
see what others can see
in what's driving you because the
important thing is when you're planning
your career
it isn't necessarily i want to be a ex
it's more about what do i enjoy
what are the jobs that i've done in the
past that have really motivated me
where can i see myself in five years
time not necessarily as
i can see myself as being a consultant
in a large firm
in five years time but more i can see
that i'll be travelling a lot
or i'll want to be more stable because i
will have family by then
or i can envisage that what i want to be
doing is working in a small team
in a large organization i want to be the
master of my own
destiny because i want to set up my own
business so
these are the sorts of things that you
can start asking yourself those
questions now
and we're very much there for you to
explore some of that
with us so hopefully that answers
your question um moving on to jen
uh hi everyone um my question is what
kind of common mistakes do you see
from first-year mba students from a
careers perspective
okay another great question um i think
one of the biggest mistakes
that you can make is
well there are a number a number of
things i mean to see
the biggest mistake that you can um make
is to assume
that it's all going to be easy and once
you get into london business school
that's all you have to do um that's
just the beginning i think i've already
mentioned you know
getting a place at london business
school earns you the right
to enter the competition um the other
big mistake that a lot of students do
is they they don't remain true to
themselves
so they will see on-campus recruitment
taking place
and you know it's the big consulting
firms it's the banking
firms and um there's some tech
early on but some of it's much later and
they'll panic
because everyone else seems to be doing
it and i should be doing it and i'm now
i'm really worried because i didn't do
it or i did it all and i did none of it
well
those are the kind of mistakes that
happen if you're coming in with a fairly
clear idea that doesn't quite fit the
mold
stick to your guns and just try and you
know let the noise pass by
if you have no idea try not to panic if
you feel like everyone else is rushing
off and seems to know what they do
the other thing that students tend to do
is compare themselves to others
and that's not a good thing you know
being a unique individual
is really really helpful embrace your
uniqueness you know don't think about
what you haven't done
because that's another big mistake
actually when i talk to students
particularly those changing careers
they'll focus on oh i haven't got the
finance bit or everyone else seems to be
a consultant or everyone else seems to
have done this
don't focus on what you can't do or what
you think you can't do
really focus on what you can do and
where you can apply it in a different
place
that that would be my biggest piece of
advice which is why i go right back to
what i said at the beginning about what
can you spend your time doing now
is really start noting down in a fairly
systematic way
what have i done and where else could
that be useful and how can i make best
use of it
so hopefully that's a helpful answer for
you thank you
great question um
undress or yep
is that pronounced right yes yes that's
that's perfect
um i wanted to ask i think it's a bit
connected to what hugo asked um
maybe if if but if you come with a
specific plan or with your plan a
in mind but how would you say we should
balance between
focusing our entire energy in working
towards that plan a
versus also also being open to other
opportunities that are not so related to
that i mean should we
go straight with plan a and focus mainly
on that or
i don't know and maybe try and find out
new opportunities that we weren't
considering in the first place how
what do you think about that yeah and
again that's a really really interesting
question because
um and we've been having conversations
within the career center recently
about not about moving away from this
idea of
plan a plan b plan c in terms of plan a
is the thing i really want to do plan b
is the next thing that might work and
plan c what we'd rather you
start thinking about is three plans in
parallel
so not then you know not that i have
this master plan and if that doesn't
work out
then i will do this and if that doesn't
work out then i will do that
um particularly in a fast-moving
situation
um is that really you should be trying
to think about three things
in parallel so um there are certain
things that
timing wise you might give more
attention to at first
um but it's important to also then this
is where the relationship building and
networking is really really important to
your
success is that you don't just focus on
one thing
and not be running something alongside
it so
um you know that so it's kind of plan
one two three or
you know z a
n or whatever it's not best case
scenario second best case scenario third
best case scenario
if that makes sense yeah does that
answer your question
okay thank you um and kush you're next
on my screen
thank you thank you for hosting us today
elizabeth uh my question is about
the the gamut of opportunities that we
have here at lbs right from
in semester internships the summer in
terms of actually the final placements
as well as the networking opportunities
that we have through and throughout
and from the last session i gathered
that self motivation plays a very large
role here
but what exactly can we lean on the
career center to help us with the cross
of these and what does the curry center
not do so we're not
relying on them when it's actually
something we should be doing upstairs
yeah okay so what the career center does
not do
is introduce you to you know is say
here's a here's a role here's a job um
and here's ann kush and kush meet job
there you go plug and play that's what
we do not do
um so and we don't we don't um
issue you with a list of names and say
these people are sitting waiting for
your call
um what we do do is we
advertise a number of roles and
opportunities on our jobs board so we
have hundreds of jobs postings
um and the employers who work with us
they know that they will get great
candidates from london business school
so they um you know they will put their
jobs with us
um they will come on our campus and they
will do presentations because they want
to encourage
london business school students to apply
to their programs
and and what we will do in helping you
to get those
those roles is um we will provide you
with the opportunity
to get your cv in the right order so
that you are promoting yourself in the
best possible way
we will help you understand what your
personal brand is and this is where we
have a lot of online resources all of
this is helping you as well as
one-to-ones
we run several career workshops right at
the beginning of your program
which are all about how to tell your
story clearly
how to do well at interview how to put
your cover letter together
how to put your cv together all of those
sorts of things are the sorts of things
that we work with you on
if you're suffering from a lack of
confidence or you want to practice your
interviews we'll do one-to-one practices
with you
we provide mock interviews with external
interviewers
we do a lot of work around case
interviews so specialist
types of interviews that might take
place for consulting
organizations for example and also for
many corporates
and we also provide the market
intelligence you know
who's hiring where might the next roles
be coming up
so in terms of what you need to do for
yourself we will not do your networking
for you
we will provide you with the skills to
do that networking and we will support
you
in that and in doing that support you in
kind of organizing your strategy or
helping you if it's not working that
kind of thing
um so we
we will help you with all of that we do
have um
a um an lbs alumni directory
but that's where people have chosen to
put their names on that
and you can access that and you know
there are lots of lbs alumni on that
but again linkedin is also a great place
to find
alumni so
i hopefully that's helpful because you
know there's so much that we can help
you with and i could go on all day about
it
i'm here sorry to interrupt it just so
you know i'm in the room
okay zoe i see you i've got so many
people in here it's kind of hard yeah
so zoe's just joined us she's from the
employer engagement team
um or she's the head of the employer
engagement team so if you've got any
specific questions about
particular organizations um or anything
i mean zoe actually we did have a
question right at the beginning so i'll
just
uh um get you to maybe expand on it one
of the questions was
you know who do we have come on to
campus for the big rotational program so
maybe you could expand on that a little
bit
yeah sure so hi everyone lovely to meet
you all as you mentioned i head up the
empire engagement team in career center
so we're a team of 14 who work with
employers
and basically spend our time showcasing
the fantastic talent that is at lbs so
not just the mba we actually work across
all programmes
um and also work directly with you so we
also have a student-facing role and we
offer
advisory sessions and workshops to help
you navigate that employment market
so yes we work very closely to try and
bring companies to campus
to meet with you the employment reports
are genuinely the best place to get a
view on the sort of companies that will
come
year on year you can see the top five
employers by sector
if you go to the back of the employment
report there's an exhaustive list of all
the companies that have hired an mba
that year so i definitely have a look at
last year's in the
last three years because i think that
gives a really good view of the sort of
employers that work with us
um and yeah i mean it's it's the typical
names you'd expect to see i mean we have
the privileged position
of being a top-tier talent source for
the majority of companies you would want
to work for
so if you want to fire a company name at
me that is
is aspirational i imagine that they come
to campus and recruit to some degree
but obviously it's worth just bearing in
mind and this may have come up already
that we separate recruitment into two
very distinct buckets there's what we
call structured hiring and then there's
what we call direct hiring
structured hiring is what happens kind
of earlier in the programme
so companies coming to campus to take
large numbers of mbas for
structured programs and then there's the
direct hire market which then runs
throughout the
rest of the year which might be smaller
companies no less interesting
no less fantastic for their career
opportunities but less likely to take
more than one or two mbas in a
particular year
and that list you know we work with
thousands of companies that sit within
that space
who sometimes recruits sometimes don't
but often bring a
source of opportunities to students even
if it's just through thought leadership
or through projects they might be
offering so
there are kind of two two distinct
buckets but in that structured space
yeah i mean give me a name and i'm sure
that they come to campus to meet with
lbs talent because they know how great
you all are
basically okay thank you
um emma i'm going to go to you now as
you've got your hand up
hi um thank you for doing this session
and
i actually have attended some of the
sector series sessions
that um have been put on and found those
really useful and i'm just wondering how
much
the career is kind of structured around
those sectors and if some you're
interested in maybe a couple of sector
ones or a blend of the two you know does
that sort of
does it work in streams or is it you
know quite common for people to be
sort of between those sort of sector
areas
yeah i mean zoe i don't if you want to
answer that or um
yeah i mean i mean to a degree it's a
kind of
a buffet it's it's not streams of things
where you you're like right i'm i'm
looking at banking now so i'll only look
at banking
it's it's up to you to kind of pick and
choose how you want to engage
obviously the full sector team is there
and available you can have set you can
have a one-to-one with the banking lead
you know at ten o'clock and then a
one-to-one with the technology need at
11 o'clock we won't
you know think you're cheating on us
that's absolutely fine
i think there are going to be occasions
where you have to make choices so
something like banking which comes very
early
you might have to focus on that i would
say from about september onwards because
the banks will start engaging with you
pretty much the minute you start the
program
for recruitment in january and you
really need to start network
networking with them early so you might
be quite focused on banking but you
could still be
going to exploring consulting sessions
you could still be going to a bcg
breakfast you could still go to amazon's
speed networking events
you're able to kind of pick and choose
and explore lots of things
the i think the beauty of of the program
is that you could then go through
banking recruitment in january and say
oh you know what not for me or perhaps
it doesn't work out
you then can just say right well now i'm
going to engage with
consulting recruitment now i'm going to
engage with technology now i'm going to
look at the direct hire market
you are absolutely able to keep lots of
plates spinning
at the same time i think it just depends
really how focused you are on one or two
directions
um and how much time you have because
obviously i'm sure this has been said to
100 times but it's like an absolute fire
hose coming at you the nba
there'll be all these clubs there'll be
all the socializing there'll be
academics there's careers
so i think to a degree students do have
to make some choices and they may focus
on
maybe two three things um when it comes
to careers that they're
really kind of passionate about for that
first few months but that can change and
it can change
a hundred times over the course of the
two years there are lots of students who
are
very focused do an internship realize
they absolutely hate that job they never
want to do it again
so they come back in their second year
totally change direction
and then again just explore go through
that buffet try lots of different things
and it might take them right through
till up to graduation
to decide actually no it's fintech i
want it's taken me
two years to get there but i know that's
what i want and then going after it and
getting it so
it's it's up to you really and how much
kind of energy you have but we certainly
don't put you in a box
that's marked finance and say right well
you can only work with the finance
sector lead you can only go to finance
events
you could go to every single careers
event if you wanted you just probably
wouldn't want to
i would imagine i don't know if you want
to add the coaching side elizabeth
yeah no i mean that that just backs up
what i was saying that we don't you know
necessarily have this you know this is
my best option this is my second best
this is my third best you know
all of these opportunities um will come
up and i mean the whole point of an mba
is that it's
it's an exploratory journey so if you
knew exactly what you wanted to do
coming in
and that remained the same for two years
then in many ways it may be that the mba
is not being very successful for you
because it is so
narrow because the idea is that you're
broadening your horizons by doing this
yeah okay thank you i'm going to move on
to
um is it varen or varun how do you
pronounce your name
it was varun in the us for all these
years but it's actually byron
okay um thanks elizabeth and thank you
for hosting this and
welcome zoe as well i think my question
sort of revolves around
two facets right and i'm hoping a lot of
us can sort of echo these sentiments
um my questions are on storytelling and
resume cuts
and so the second half goes into getting
used to our new normal and by new normal
i mean
for a lot of us who have been living in
a market for all this while
we're all coming into the uk to
understand you know
for mba and to understand an entirely
new market new way of
sort of interviewing you know resumes
cvs i guess
um you know different types of super
days different type of technical
interviews
it's all new so when we prepare as sort
of
non-uk folks coming into the uk when
we're trying to prepare
for mba first part storytelling and i
think austin already addressed this a
bit but
is it is it a right thing for us to take
this summer
look at our past experience and sort of
just strip out anything that we can
along the lines of the competency
framework that you mentioned that
that just know what can you extract from
your jobs you know if you don't
roll x there are probably skills a b and
c in there
just trip them out and already start
making a cut of your resume which you
can aim towards sort of fang
or you can aim towards brackets or you
can aim towards
mvp right and then part two of that is
do we need to do anything to get
comfortable with the market we're going
into
or will our learning curve in september
be fast enough that we actually get used
to the entire landscape that
these are the top banks these are
consulting shops these are the tech
shops round one
round two it's all your non-traditional
grouping how do we get normal into this
whole process for those coming outside
okay thank you and thank you for
describing i mean
there's been people in here zoe
throughout the whole time i'm sure
they've
you know it's like we planned them we
planted them with with all the right
things to say
um i i think um i mean with you we
actually run a specific storytelling
workshop by the way in the first few
weeks of you joining us which will help
you
pull together some of those core
elements um of your strategy
i think sort of going back to the sort
of initial part of your
your your question which was about how
do we change for
you know the cult how do we make the
cultural shift
um i think the important thing to note
um although many of you will be
recruiting into a uk market many of you
will also be recruiting into
international markets so you need to
remain as versatile as possible
um but i think there are some
foundations that are the same across all
cultures
and they are all some of the things that
you've already described is be very
clear about
who you are be very clear about what you
have to offer
and then be very clear about how you can
articulate to some that to somebody
to make it clear to them how you fit
into their organization
and you know these are quite simple
elements that you can be doing
i think any um any work you do over the
summer
or you know over the next few months
before joining to learn
more about the sorts of industries you
might be interested in
is never wasted um so you know looking
on linkedin looking for typical career
paths
looking for interesting career paths one
of the things i say to mbas
after they join when they're still going
through an exploratory phase is linkedin
is a really useful place to maybe just
put in some keywords
of things that might be relevant to you
now
based on your previous experience or
your current experience and things that
might be relevant to your future
experience because you may find
somebody's had a similar experience
and i'm not suggesting you even reach
out to that person although you may
you don't have to be an lbs student to
reach out to anybody
but sometimes it can be quite
informative you know oh wait they did a
you know a degree in archaeology
and then they moved into this you know
location or this industry and suddenly
they find themselves here
that's quite similar to me or that's
where i see myself going
you know so use that time um
but um any activity that you can do that
will help you learn more about the
industries you might be
interested in will certainly be really
worthwhile and will help you hit the
ground running
um when you join us um okay i'm gonna
i'm just looking at time so i'm gonna
move on to tom because i'm conscious
that a lot of people have got their
hands up still so
tom thank you elizabeth and zoe and
hello everyone
uh my question is about
the advice on networking uh i come from
a background of running my own business
uh for the last five years but
during business school i want to explore
like other options
and test out basically whether going to
bitcoin in consulting or industry is an
option but during networking
uh how would you advise someone like me
who are
from some sort of non-traditional
background to position ourselves
will they look at us as
maybe someone potentially be difficult
to transition into that kind of position
um i think i'm going to refer back to a
word that christian used
twice at least twice in his presentation
which was curiosity
i feel that curiosity is one of the
starting points for any networking
outreach you know being curious about
other people
being curious about different career
paths being curious about different
industries
being curious about how might my
background
be of benefit in a different scenario
and i think you know there was an
earlier question about what are some of
the mistakes that people make
when they when they join and i think one
of the biggest mistakes that you can
make is to pigeonhole yourself from the
outset
because if you pigeonhole yourself then
the people listening to you may also
pigeonhole you um i think in terms of
the employers that work with us
there are some who might go for who need
a very specific set of skills
but if they need that very specific set
of skills and you don't have them
then that's just the way it is you know
so it's more if you know very
very well what your own value is and you
can express it well
then it's up to you to be able to
demonstrate that to
um recruiters you shouldn't be limited
by your own experience you should
understand your experience very
very well but be prepared that some
recruiters may not understand what that
experience is
and how it applies to them and that's
where the work comes in
and that they may be where a career
coach can really help you articulate
what exactly that is
so thank you so i hope that's helpful
thank you um
okay so the next name is going to test
me a little bit i think it's
yingting yes hi thanks very much
elizabeth it was great
um yeah so my question is mainly around
the resources and how to best
max the resources the supports that um
career center can offer
so to to my knowledge i think that there
are mainly two functions within
that it's first first function would be
within the coaching part which
helps the the candidates to sort out the
the motivations and stories
and another would be more on the actual
higher so perhaps looking at the cv and
the interview skills
i'm not sure if i just understand the
support correctly so that's my first
question
and then the second question is that i'm
a career survey career switcher to
consulting and i was wondering from from
that perspective how does the timeline
look like
to to how early it is that we can get
the the support from the
career center as an as an admit um
the third question is relating to
leadership launch program
how does it wave into the whole program
and how can we
um yeah best uh max the support there
okay i'm going to answer one and three
and then i'll hand over to zoe to deal
with the consulting
timeline so um one yes you've got that
correct we can help with coaching we can
help with the nuts and bolts of your
interview and your application processes
and all of those kind of things so we
can help with both of those
number three was how does leadership
launch fit into this
so leadership launch provides you with a
range of professional development skill
opportunities and they kind of mesh
into your career because you might be
working on your leadership skills or
um i'm trying to think of some of the
things some of the
things they have are quite technical
skills that are provided through the
leadership launch as well
but the that fits in the career center
don't run those sessions
but they fit in because you are there
you're developing
what what i referred to as soft skills
but coming from a learning development
background i really hate the term soft
skills because it makes them sound mushy
when actually they are the relationship
skills the communication skills
they are all those sorts of things so
all of those will clearly feed into your
ability to express yourself effectively
in a recruitment situation and i'm just
going to hand you over quickly to zoe
who can talk you through that
consulting timeline yes i mean timeline
generally
um you will start the program my team
will deliver a series of exploring in
sessions where you'll get a chance to
to understand each of the sectors um as
as they pertain to you so you'll get a
start to get a view of perhaps
where you're interested in finding out
more which doors you might want to close
straight away
you know it's not for you um and back to
varun's point about sort of
understanding the market that will help
you start to understand the market so
you'll kind of get that initial early
knowledge
the the big structural recruiters like
banks and consulting firms will come on
campus from about
mid-september trying to woo you that's
not recruitment that's them
trying to woo you they're just trying to
get their brand in front of you so
mckinsey bain bcg and all the banks will
come to campus
at some point in september probably give
you a free water bottle or something
branded and say
hey you want to work for us don't you
but that is all just very it will be
very light touch
maybe some networking the recruitment
itself doesn't happen until january so
that's when they come back to campus
with
big guns and they say right this is our
recruitment process applied by and it
could be as early as kind of 7th of
january
some processes have come slightly
earlier this year because of pandemics
they were
before christmas but essentially you
have that whole autumn term
to explore to get ready to build your
skills
for something like consulting the other
thing to bear in mind is obviously being
case ready
and so from september we will run an
introduction to case workshops
and you will have that opportunity to
start practicing your casing skills
so when it comes to interviews which are
likely to be end of january
you're ready to go and just to make it
clear there's another
source of support available to you there
which is peer leaders
and so consulting peer leaders are
primarily
used that's a terrible word um for case
preparation so they will do one-to-one
case interviews with you
and you you get to access into eight of
those in your first term
so that's another source of support
running through so
autumn is really exploratory firms will
be coming onto campus but it it
kind of it's not about recruitment it's
about meeting you
recruitment for summer internships does
not start formally really
until january so you have time and space
to explore get ready
upskill okay thank you
um so we've got two minutes left and
then we're going to automatically be
thrown out or three minutes according to
the message that's just come up
so augustine you've come up next
on my question list thank you very much
um i'll try to be as brief as possible
then uh my question relates since we're
probably the first cohort
uh coming in after breath brexit how you
at the korea center
um think of it as a possible challenge
for nba or how do you think this would
affect the recruiting landscape
for us mba students when we finally come
out
so i'll i'll be pretty brief on that it
hasn't changed anything
if anything it's just it's leveled the
landscape further
because it doesn't give any natural
advantage um
to uh sort of uk or eu's
of non-uk but eu students in the uk
market
um so it's kind of leveled out the
playing field i

---

### MBA Career Centre Session 2 | Admits Welcome Event
URL: https://www.youtube.com/watch?v=Ij6wgHplMQw

Idioma: en

record button now and uh just a little
intro here there are no slides from us
this is purely a way to meet us in a
fairly informal way
ask some questions so you've got zoe
head of employee engagement here for the
first half of this session she'll hop on
hop off to the other breakout room in a
while you've got me who
um i'm your mba career lead what does
that mean
i look after career coaching and career
learning for the mbas really
so um we have slightly different ways of
looking at things
um employer recruitment related
questions are probably best placed um
to zoe more career skills career
learning questions your development
throughout the two-year mba
is something i'll i'll happily cover but
the way we're gonna do this is simply
that you raise your hand
we'll go in the order that we see you on
our screen and
either um and just ask you to unmute
yourself when it's your turn
pose your question and it's going to be
a little bit of back and forth and i'm
sure you would be interested to hear
what other questions people are asking
um zoe anything you would like to add
introduce yourself
no just say hi so as ann mentioned i
head up the employer engagement team
so my team is a team of 14 people and
we're responsible
for engaging with the market on your
behalf so our role is very much to go
out work with employers
and showcase the fantastic talent that
lbs has
we actually work across all programs so
i'm just wearing an mba hat today but i
would actually
my team would support all of the
programs at london business school but
we also which i think is quite unusual
for a business school we have a
student-facing role as well
so all of the sector leads myself
included have a student-facing remit
which means that you can come and have
sex advisory sessions with everybody in
the employee engagement team
to talk about recruitment the market
get advice on your documents and all of
that sort of thing so i mean and you
might want to talk a little bit more
about the difference between career
coaching and sector advising
but my team exists essentially to help
you
as you navigate that external employment
market
sure let's just see are there any
questions um
that are coming up straight away
something you've been dying to ask
career center
um anything that's come up from from
this morning
session um yeah just uh
feel free to to raise your hand and
we'll then call on you
we're a fairly small group here so it's
uh
that should work quite well but we'll
give you some time to do that in the
meantime
i will talk a little bit about what
comes up so while this session is very
kind of casual a bit of q a back and
forth we are starting with our summer
webinars
before you start the program in the
second half of june
we have three summer webinars for you
the first one is really giving you an
overview of what we offer and how we
work with you
um and sort of your career development
and how we see that
over the two years um the second one
is going to be cv focused that will be
one of the things we work with you
straight away and some people are
surprised by how quickly
that starts but we find your cv just
takes so much ongoing work that starting
it early
gets it into a really good shape by the
time recruitment comes around
and the third webinar will be focusing
on linkedin
find linkedin is such a strong
compliment now to all of your networking
activities but also your cv
sometimes used instead and you might
have used your linkedin profile to get
into london business school the way we
look at it for recruitment is a little
different so we'll be adding that third
session
before you actually arrive and in each
of those sessions again we'll leave time
for q a
and a little bit of talking also
possibly with some of the second years
and getting their experience so that's
what's coming up for you
starting from from june but um you're
here
you're bright and early on the program
um any questions you might
have for us uh please let us know
federico brave to go first would you
mind unmuting yourself
yeah sure um so thanks for
um this webinar and i'm
i'm mindful that many of uh nba students
doing
banking and consulting anything
that you uh helped would help with
in less structured career paths like
uh private equity or venture capital
and what are the resources that you
provide in that space
sure zoe do you want to kick it off so
yeah the employer engagement team spans
all sectors it's not just banking
consulting obviously that's what
many students want to engage with when
they join the program
but we we work across the whole gamma of
the employment market
so within our finance team we have a
banking lead but we also have a private
equity lead an asset management lead
sitting in our technology team we have a
fintech lead so we're working with
companies all across
the space so i think it's probably worth
just setting out a little bit about what
we mean when we talk about the market so
we talk about structured
hiring and then we talk about direct
hiring and structured hiring other
companies that come to campus
to hire a lot of mba students for
structured programs that they run
they come a few months in advance
because they already know that they're
going to be taking talent
and they come and present to you and
they will usually have quite a big
sort of presence on campus and sometimes
i think for mba students they can think
that's all there is
because literally they walk in the door
and mckinsey and goldman sachs are sort
of there
and ready to recruit almost immediately
but then we have what we call the direct
hire market
and within that space it's all of the
companies that don't do structured
hiring
of which there are you know hundreds
that recruit from lbs
but they're perhaps a bit less visible
because they might come later in the
year
they might only take one or two students
um they might not just be as kind of
present when it comes to all the various
activities that go on throughout the
year so
yes there is full support regardless of
what your aspirations are
you do not have to be interested at all
in banking and consulting i'm always
quite pleased when i speak to a student
who says i definitely know i don't want
to do those things
but i think the luxury of the mba
program is you have time to explore
you can come you can explore the banking
consulting structure recruitment that
happens quite early on
decide if it's for you if it's not then
you have the luxury of the the whole
direct hire market
which is potentially things like private
equity and technology opportunities
that will come later on in the year so
there is full support given regardless
of whether it's
it's banking or something completely
different that perhaps no one else in
the class wants to do
and that timing piece is so important
because in a way
sometimes we really have to help
students to hold their nerve
because you can get swept up in that way
with what comes first
um so that's a little bit about just
knowing what you want and holding out
for the pe or vc recruitment
when that comes around from a career
learning point of view
what we do in terms of fundamentals
supplies across sectors so the career
coaches we might have had
business experience so i've had some
experience in finance and investment
banking in the past before i became a
coach
but as a coach i'm sector agnostic so
i'll work with students on their cv
regardless of what sector
they want to go into to get that to a
good enough level
that can then be tailored uh so the last
10
can be tailored of your cv but the base
work would be the same
regardless of what sector you want to go
into and same for your linkedin profile
same for
one of our popular workshops that comes
early on it's what's your story
how you tell your story again that's
really relevant across
all sectors so i would say there's
really that breadth
of career learning early on and then we
specifically from about february onwards
focus on supporting students for direct
hire
and that would include you know
diversified sectors pe
vc all of that i hope federica that
answered your question if not
if you want to ask a follow-up do you
let us know
no that uh they're really answered and
obviously there is a lot of
work and support that will come over the
month but
for now it definitely answers great
thank you
adjustment i saw you had your hand up
and then you you lowered it again i'm
hoping that's because we answered your
question or because you
you just got lost patience with us
no you uh yeah i think you're pretty
much answered and my question was going
to be very similar
uh because in the previous session we
heard that we should explore different
uh career options
um and i'm i completely agree with that
so
i was gonna ask a similar question on
how or
what are the platforms are there are to
explore
different careers of course most of us
know one or two that we might be
interested in
but um uh are there any specific
platforms apart from the events and
networking events like
uh or recruiting events sorry that were
mentioned a couple of minutes ago
yeah so let me talk a bit about
exploring as well but go ahead sorry
i was just going to say i mean it's
probably worth saying that the first
time you will meet employer engagement
team will be very early on in the
program
and will each run a series of exploring
in sessions so each of the sector leads
will run
and exploring in finance exploring and
banking exploring
fintech and health tech and media so
you'll have a chance to come and hear
from the sector leads what's going on in
the market what the jobs look like what
the market looks like
what it takes to get a job so that will
kind of help give you
some early indications of whether or not
they are potentially industries you want
to focus on the thing i always find the
best complement of our exploring in
sessions is that students often say
that has really helped me decide i never
want to do that job for the rest of my
life
which i think is great because that's
exactly how it should be so
that that kind of comes quite early on
with some of the early career learning
pieces
to help you just start to map out what
some sectors of interest might be for
you because
it is a bit of a fire hose when you join
there's so much going on
um so that might help give you some some
early thoughts
and these exploration sessions are uh
prior to the start of the program
or after the program begins so there
after the programme begins but pretty
much almost immediately after the
program begins
um so yes and i think you will have
access to lbs careers on canvas
at some point before the program begins
so you could watch recordings of
previous sessions
um i'm not entirely sure how new the
content
gets to be here and yes you might not
want to do that but
if you've got time to fill in you're
really really keen on hearing more about
sector there will be videos and things
that you can watch so you can get
started on your research
great thanks now we've got a range of
questions coming in
i'm just going to call on you in the
order that i see you here
um to manage your you're the first to
show up
oh thanks um so i mean yeah first off uh
thanks a lot for
hosting the session i was wondering uh
how does
um support in terms of uh
finding internships uh link into finding
uh full-time roles because i mean people
are doing different lengths of the
program
how does i mean there's a bit of overlap
i'm assuming so i just wanted to
get a bit of clarity on that
yeah sure i don't need it first so the
program is is pretty
the timeline is pretty similar
regardless of whether you're completing
your programming
15 months 18 months 21 months from
september
to december in theory you are primarily
focusing on
career skills career documents if you're
working with ann and her team
on sort of getting ready there will be
initial events where you'll be getting
to know
companies but recruitment for
internships doesn't formally start until
january there were a few exceptions like
banking in asia a couple of asset
management firms but generally your
internship recruitment
process will start in january with the
structured processes
which will then naturally lead into
direct hire processes from about
february march
full-time recruitment doesn't then start
until after the summer period
and it starts pretty much first thing in
september when you come back from the
second year
if you're intending to complete in 15
months in theory therefore you would be
very much
going hard for full-time recruitment
from september to december
if you hadn't managed to convert your
internship into a full-time approach
obviously
many of our students do um firms are
usually pretty flexible in terms of
start dates so if you're going to be
ready to work from january
then you would obviously just be
communicating that with the companies
you're working with so
they are two quite separate what we
would call campaigns you have your
internship which you focus on
sort of in that spring term of your
first year and then full-time
recruitment which you would start
focusing on
autumn of your second year and obviously
if you're not graduating early
you might be recruiting right through
till june before just before you
graduate especially if you're looking at
that direct hire market where the roles
are going to come much later and much
closer to your graduation date
what i think is interesting is that a
lot of students say that they want to
finish in 15 months
and then as soon as they see everything
that's going on that date just seems to
get later and later and later
but i think that that's absolutely fine
and i think everyone's journey will be
very individual and that's where you
will work with career center you'll work
with coaches you'll want sex leads
to understand how your timeline fits in
with the sector
that you're looking at but absolutely
it's possible even if you're finishing
15 months to engage fully with both
internship and full-time recruitment did
that answer the question
no that makes that makes a lot of sense
yeah thanks so much
great student what do you want to go
next
thank you um so hi i just have a very
quick question
uh what is the earliest that we can kind
of start working with you
guys on you know figuring out next steps
so there's different ways um i would say
our webinars in the summer
are already a way that we're engaging
but it's obviously a webinar it's for
the whole class
uh we then have some activities in
orientation and i think students are
usually quite surprised by how in your
face career center is
uh from very early on so well we're
pretty present
but it's obviously usually at the
beginning large scale workshops
after orientation we move into working
with you mostly by stream
so we start with something like what's
your story workshop really looking at
um how do you present yourself how do
you talk about what you've done
so far and where you're looking to go
and we work
we have interactive workshops typically
in streams
um for that and in a stream you would
have sort of 85 to 90
students typically after that we open
our um
pretty soon our sort of one-to-one work
but it's not immediate so
and that makes sense because initially
you do need to go through some of that
ground
work because otherwise we would be
repeating
too much of the same fundamentals but
then pretty quickly from
late september early october you can
meet us one to one and we don't have a
limit
on our coaching or sector advising
sessions you can book those through our
system
um with us like that um just to see who
do you gel with who do you want to work
with
and you might come and see different
people for different reasons and
questions
at that point awesome got it thank you
so much
great you're welcome thanks for asking
now
um just meet i see you've got your hand
up again and you turn up first in my
list so
i'll call on you
i've already i have more questions
already gone what's up let other people
ask first and then
i can come back and back off the line
again that's all right so desi i think
you've got your hand up uh
for a while please uh and mute yourself
uh thanks um my question is how so for
those
type of career-oriented clubs such as
finance club
um how do you guys work with those sort
of student-led clubs
to get like speakers to get um alumni
coming back and then and potentially you
know maybe creating more job opportunity
and job and internship opportunities and
if i
may uh add another question um how do
you
do a sense of what's the percent of
students
that's uh intern that that do like sort
of part-time internships
during their during the academic year
like two days
thank you sure well if i take the club's
question and then i'll
pass the second part to and so we work
really closely with the professional
clubs
and so the career center at the sector
leading career center we work very
closely with the presidents of the
relevant professional clubs
we work together on a number of things
together so like the treks you may have
heard about professional treks
where we go to or virtually go to
numerous cities
which are hubs for particular sector
activity and we'll meet companies in
those cities
and that is very much done between
career center and clubs
clubs will run their own speaker events
through their own connections which we
may or may not support
and sometimes it's good for the clubs to
have their own kind of
connections and relationships and run
those sometimes it's good to be
networked in with careers
i think the cr the key thing is that
when it comes to job opportunities and
recruitment
that is then handed over to career
centre because it's imperative that that
is done
sort of fairly and in a formal way
through career center
but certainly the club is excellent at
helping bring in connections
that we can then work with and vice
versa so it's a mutually supportive
relationship
if you are interested in a sector you
absolutely should join the professional
club
because you will get access to skills
training
to more alumni networks than perhaps you
would through just career center
events in that in that space but it's
it's very much a complimentary
relationship
so you know we work very closely
together
and if you want to take the piece back
yeah the the term time internships it's
a really good one you're mentioning
because that question
earlier also about you know when to
graduate
often the second year is a time that
many students use to have
a term time internship and people do
not just two sometimes three or four
internships in their time and that's
really for me the value of a two-year
mba
you get to test things out very actively
in a way that you never could when
you're recruiting laterally
you wouldn't be able to hop around like
that whereas uh
the two-year mba really gives you the
chance to
dip your feet in the in the water with
some new things
reshape your cv gradually through also
the term time internships
so i would say the majority of people
will do one by the end
what i would caution you though is don't
come in and feel like you
straight away need a term time
internship the first two terms are
really
full on so um it would be very rare in
the first two terms for somebody to to
have a term time internship but it is
possible
it depends a bit on how how focused
people are and what backgrounds they
bring in
and how that relates to where they're
going but over the period of the two
years yes the majority do
great let's uh let's move on with ross i
see you next on my screen
thanks a lot um hi everyone um i just
had a question regarding
understanding yeah just understanding
the connections and relationships that
lbs has with
certain companies and specific sectors
specifically within finance
so um you know is this a specific
resource that we could maybe
have access to understand firstly the
relationships and then secondly
kind of the placement statistics post
mba within that's the specific
subsectors of finance
so the employment report is absolutely
your best resource if you have a look at
the employment report
you can see the statistics of of which
sector students go into and you can see
the top employers by
sector so that will show you who the top
five finance employers are
and then there's also a very long list
of companies i think at the back of the
employment report which is
every single firm that recruited an lbs
mba student so really have a look
through those
i would say have a look through not just
last year's but the last couple of years
because
because the list varies year-on-year
because obviously with that direct hire
market where we have firms that might
only take one student
every couple of years they're not
necessarily always going to pay year on
year so have a look there
that's certainly your best resource now
to get ready to start thinking about it
obviously when you join the program
through the exploring in session and
working with the sex lead
you'll then be able to very much
navigate who we're working with who's
coming on campus
who will be posting jobs with us that
year so that's something that you can do
in a more active way
once you're on the program okay and can
i just confirm that that's kind of
you know nationality agnostics in other
words understand you know the
vast majority of the class is
international so with that kind of
you know take into account all of those
factors as well when getting you know
sponsorship and that sort of thing
yeah so i mean that's that's that's a
you know the big question of
you know who hires into the uk
from you know non-nationals i mean
everybody to a degree
um nationality is not the biggest factor
when it comes to recruitment
all of the banks will sponsor all of the
consulting firms will sponsor
obviously when it comes to smaller
direct hire firms
there may be more of a question but with
the new graduate visa which means that
no one
actually needs to be sponsored for two
years after graduation
that has removed that barrier the
biggest factor when we talk to employers
about
which national you know nationality and
how it factors into hiring
is what they call fit with the firm and
fit with the client
so if you're going to be working in a
client-facing industry like banking like
consulting
then the employer is going to be looking
for evidence that you have comfort
working in that geography that you are
able to
sort of be client ready in that
geography that's that's the thing that
matters not your nationality and not the
status of your
visa so that should never be something
that you really consider early on
and we really encourage when you work
with employers that should never be the
first question out of your mouth
do you sponsor will you take me if i'm
not an eu national british national
because
they're less interested in that they're
more interested in you being an lds mba
great thank you
and i'm going to have to dip now into
the other room
so good luck great questions everyone
lovely to meet you
i look forward to seeing you all again
soon take care bye
thanks very great to have you
right um watson would you
would you like to ask a question hi
everyone i was going to talk about the
interim internships as well which i
think was mostly covered but
i did just want to confirm if there's
anything to consider
in terms of visa status and internships
in semester so is there a certain amount
of time in which you might not be
eligible to intern in semester
um just confirm so that's
um for the visa rules so far you're
allowed to work
term time up to 20 hours per week
if you start to work more than that you
get into trouble because you're no
longer classed as a student so
you need to look carefully at your your
visa status
and what that allows you to do but
that's generally been
how students have operated for these
term time internships
i would say it's really down to you and
your capacity to manage things
um it's so exciting at the beginning
that many students take on too much
because you really when you come in you
need to manage three different streams
your academics
your and professional development and
then also your social development
and you know getting to meet people
having fun in the mba making friends for
life
all of that but it takes time to get to
know a large group of people
and within that also many take on
leadership positions whether that's
within the clubs the student association
and that's all great but what i often
see students do after a couple of terms
is that they have to
peddle back because they've taken on too
much so i really think
advice i've heard from students
themselves looking back is
be really clear about what your
objectives are
across these three academic career and
social
and kind of just a rough idea of how
much proportionally you want to spend
your time on those
um and i think that then dictates how
much time you have for term time
internships
that's great rishi i see your hand up
i don't see you um are you on
hi yes i am i'm sorry i'm on on the move
a little bit um
my question was about direct recruiting
so
my question is is that recruiting to
firms that
we as students have sought out ourselves
or are they the firms that
kind of come to lbs but just don't do so
on a on a regular basis
that's a really great question so um
we have structured recruitment and then
we have what we call direct hire
you're speaking to other business
schools they might call it
unstructured recruitment or off-campus
recruitment it's all kind of the same
thing
it essentially means that these are
firms that don't hire in
large numbers so they would still
engage with us sometimes but they might
just take one internal year
rather than 10 or more so they don't
have
really a reason to come and engage with
us at
numerous presentations and put in that
kind of um
that kind of time so when you're looking
at direct hire it really maps out into
different activities
it can be firms that engage with us year
and year
they might come maybe for some coffee
chats uh maybe for a smaller
presentation or engage with the clubs
but they're not as present on campus as
let's say some of the investment banks
or consulting firms then there are again
companies that don't have much presence
on campus
but they come and post their jobs year
on year and when you get access to our
jobs board you can also search the
expired jobs that have been posted in
the past
so you can see who's actually posted and
even approach them ahead of time
before they do their posting if you see
oh every year pretty much around this
time
that's when they've made a posting there
are
i would say in the in the internship
space
probably 15 to 20 percent of the
students say that they got
their direct height that they got their
internship
through networking now that networking
can be quite a range of things it can be
meeting somebody at a club event can be
meeting somebody at a recruitment or
networking fair that we put on
or it could be reaching out by yourself
to family connections or people you've
made um
you've met previously so it really is
quite a
quite a range i would say with the
networking
that's clear thanks man yeah
direct tire can sometimes sound a bit
scary but it's just um
it's just normal hiring really in the
real world
outside of business schools and i think
that's what you can learn
when you're here at lbs is how do i do
that how do i get success at that
repeatedly um it's really quite a good
skill
to have your career long lifelong career
skills
colby do you want to ask your question
[Music]
yes hi uh thanks ann um i was curious
i've got another question about the
internship
and with regard to strategy of thinking
about the internship
is and i'm sorry i'm not sure if i'm if
i can formulate this question as well as
i'd like to but
is it best to try something new um
given the opportunity if we like say
come into this to the program
fully aware like very certain of what
we'd like to do is it better to try
something
different to just gain that experience
in your in in your experience of
advising students
or is it better to just you know focus
on what you'd like to do i know it's a
very broad question i was curious about
that
i think that's a really good question
because um
often we do try and get students to
think broadly
about the internship as a learning
experience
the reality though is that there are
some
companies some sectors that use the
internship the summer internship as a
feeder
for their full-time recruitment and you
would hear about that when you come to
the exploring careers in sessions
that would be very clear to you which
companies
and which sectors are doing that so if
you're then interested in some of those
you know that if you don't participate
in summer internship recruitment
you would be at a disadvantage for full
time possibly
if you're not interested in those and
you know just as an example for
you know investment banking is one of
those
if you want to get into investment
banking for full-time
post lbs um you must participate in the
summer internship recruitment that is
the
pretty much the only way in i would say
99 of cases so there you don't have that
option
to use the summer internship as a pure
learning experience
or to experiment if however your
interests are outside of those companies
and sectors
i think it's a great thing to experiment
and we've even had people who've come
back from their internship and said
i tried something new and that's really
confirmed to me that i don't want to do
this
and that's been the best that they've
learned because imagine if they've done
that
as a full-time permanent job it's much
harder than
to change gears whereas usually they can
they can find a way to then talk about
that in their full-time recruitment
that really comes across as a learning
experiment and that's accepted as part
of the mba
so i would say colby it depends a bit on
what your
specific interests are and taking into
account the reality of how
some firms and sectors recruit but
within that i think it's really great to
think about the internship more as a
learning experience for yourself
where might you have skills gaps that
you need to plug
rather than just looking at what's a
brand uh that might look good on
my cv or what do the majority of
students do
now you said you didn't know whether you
formulated your question
quite right it seemed pretty clear to me
but do let me know if you have a
follow-up
comment or question no no i think that
was great thanks so much
that's right adam b you've been
patiently waiting to
hello can you hear me yeah yes fine
i apologize i'm also on the go so my
video's not
um working um i guess from my point of
view so
i i'm a londoner in that sense um and my
goal is to gain
experience abroad and so i just wanted
to ask because of some of the internship
experiences
what proportion of your internships you
have outside of
the uk outside of europe and just in
terms of so
somebody like myself for example who's
keen to gain a bit more international
exposure
thank you and also so one final thing um
now i can't hear you
i can answer the first question i didn't
hear the second part
uh so just to repeat so all i said was
just in terms of
experience outside of the uk for
internships and then
also um experiences outside of
europe um in terms of for internships
and then also i was just going to say
like uh allery
is a sound and i know very well so uh
that was
well that's good uh it's not my maiden
name um
but yes it's a it's a very common
surname in morocco as you probably know
um internships outside of the uk now
roughly 70 of our students intern in the
uk
because you know a lot of them are
coming from outside and want to get the
uk
or london experience so that's why those
numbers are like that
um i would say our jobs board reflects
that we're a global business school
so you will see global job postings
where your problem adam might be
is in terms of the visa so let's just
say you know if you were interested in
the us
unless you already have work
authorization to go there
it is very difficult not impossible but
it's just something that students really
struggle and it's also not something
where we can particularly help being
based here
um so that's a that's a difference if
you're
let's say specifically interested in
working in the us
if you're looking at europe or you know
other continents um we do again
advertise
those and i think it depends a bit on
what's your connection
i mean with any job application you'll
have to establish a connection why do
you want to work
in that part of the world what do you
know about it already what's your
connection to it
um i think if you can establish that
and find sponsorship yes absolutely some
of our students do but i would say the
vast majority either
intern in the uk
or in their home country um
but again you know it's something that
we could work with you on
i'm trying to pronounce the next name
and uh i'm not sure whether i will
manage jerry
thanks and it's actually quite accurate
um my question is about how do students
normally look for jobs like do they go
through the external recruitment
websites or lbs has a internal database
that we can look at
that post a real-time opportunity that
we can look for
yes so we have a job sport that's the
lbs jobs board
and particularly for internships it's
really a gold mine
i would say because the employers that
post there
have a connection with our employee
engagement team so the team that zoe
runs
so those postings come on the back of a
relationship with
lbs where probably there's already been
peop
you know students who've worked in that
company so it's part of a
an ecosystem if you want when they post
it's often not the first time
uh they already know about the lbs uh
the lbs brand and i think that's why
the so many students do get their
internships through our lbs job sports
once you become alumni you will migrate
to what we call
alumni career center and then you also
have access to some of the job sports
from
other business schools who we partner
with but that
is only after uh once you've graduated
does that answer the question absolutely
thank you
great you're welcome um federico
yes thank you i as per usual
it's a struggle to meet oneself in video
calls
but um my question would be
do you have any uh information or
statistics regarding
uh your alumni that are accessible on
website etc especially in terms of um
let's say their job function and more
than the location which i would imagine
would be more
uk concentrated yeah so there's two
things i would look at
one you can access now and i think the
person who asked
earlier about um you know to see
specifically in finance where do people
go
i would actually say go on linkedin look
up lbs and you can do this for
any school your undergrad school or any
other business school you're looking at
go to the alumni you can search them by
sector by where they're located and i
think that already gives you quite a
good sense
of of where those people are so i think
that's kind of a first step now as
you're in this sort of pre-mba
phase it's also very useful when you
when you join
as a way of networking but what you also
then get access to is what we call the
lbs herb
so this is where alumni
put in their their information and
specifically if they're open to
mentoring
either as a one-off or as a longer-term
mentoring
relationship any of our students
so it's um it's not existed for
for a very long time so it's still
something that we're we're getting going
and i've heard a lot of students who've
had good experiences with it
but it's also quite an underused
resource just because it hasn't been
around for that long but essentially you
can join the alumni clubs
on there you can reach out to alumni who
say they are
open to to networking and mentoring
on there so you like my understanding
is that you wouldn't have a resource
that does not
like the employment report that means
you know out of graduation
experts and goes into private equity uh
you wouldn't have a
resource saying fly you know like at
this current moment
x alumni work in private equity no so
we don't um there are probably 45 000
plus
lbs alumni yeah no no a lot
a lot to track what you do get what i
think is super helpful for students in
their first years when you come in you
get access to the internship directory
so those students who give us permission
to share their
data they're logged in the internship
directory
what company they interned for what
their role was and i think that is
really something very useful
to work with where they then move on
that's something you would
follow up with them or look them up for
linkedin
okay thank you all right jesse you're
you're back with a question
yes um if i may i i wanted to uh maybe
check with sort of
check the pause on i guess
post brexit or i guess i think yeah for
just drop market in the uk what have you
observed
uh post brexit and hopefully post covet
i know it's probably still early but um
any any sort of
thoughts on on that and observations
hope you um
appreciate it thanks yeah maybe i'll
just give you my personal experience if
that i would say you know this time a
year ago
there was a sense of chaos and nobody
quite knowing
what is facing us what is happening how
are internships going
and a lot of anxiety among the students
not only those who hadn't found an
internship or a
post-lbs job but even those who had a
job offer wondering
what will happen will that be rescinded
where are we going from there
so we've gone through this initial kind
of panic and chaos stage
um and even for us as staff we had to
move from one day to the next pretty
much everything online
that was quite a challenge but now we've
become so used to it
and i think you can see one year on the
difference in the internship recruitment
where this time last year there
literally was at first a stop
i never really said well we're just
waiting to see what happens
for the next couple of months and where
this is headed
this year you know people could plan
ahead
their recruitment drives um we have had
a bit of a dent
i would say in the consulting internship
recruitment
so that it has suffered that's not
because consulting as a
sector isn't busy it's it seems to be
largely a shift or
possibly in geographies but that's quite
early to say
um but it's also because there's a bit
of a backlog because what they did at
the time
is that they staggered the start dates
of those offeries they already had
we're seeing that it sometimes takes a
little bit longer
for office to come through so i would
say that has been an impact that
sometimes you just have to hold your
nerve
for that little bit longer um and even
like normally our structured recruitment
will be pretty much done by end of feb
some of those processes still carried on
into march
which wouldn't typically be the case but
i think it's good news for students
because some of those companies decided
to come back
and recruit more um but it just was at a
at a later stage that they decided that
so i think there's still some of the
uncertainty around in terms of
internship numbers we're looking at
around the same as where we were a year
ago
so i think that's really promising but
because we're not out of the woods yet
i don't know where that's going and i
think those people who are still looking
for an internship and post lbs role
they really have to look at how how
willing they are to compromise for the
sake of um
finding something sooner rather than
later
and i think that's something that um i
would probably
ask everybody you know on this call
think about not just to focus on one
area
don't think necessarily in terms of plan
abc
but just alternate routes what are some
alternate options
or some stepping stones to get to where
you want to be because we just don't
know what obstacles might uh
might be put in your way
yeah in terms of um interacting with us
at the moment until the end of this
academic year from
career center we are still virtual but
we are planning your orientation
in person so please you know um fingers
crossed that this is all going well in
the uk and we will actually meet you
on campus as a as a class for
orientation and then work with you in
our workshops
mostly in person some of them we found
it actually works super well
um some of the virtual workshops so
we're going to keep some of that
because that's been great now we're
closing in three minutes
goodness uh just mitch and adam
do you want to just fire your question
at me and i'll fire an answer back
sure uh i guess quick one first uh so we
talked about partial and turned
part-time internships and he said 20
hours out loud no problem
what about summer internships uh we need
a separate visa for that
or student visas are good enough so your
student visa covers you for uk
based summer internships but obviously
let's say if you're looking at an
internship in zurich
or anywhere in europe you would need to
have sponsorship for that
but many of our students have had that
in their past

---

### "You Belong at LBS" with Dr Kathleen O'Connor | Admits Welcome Event
URL: https://www.youtube.com/watch?v=ekT2YUpRJlk

Idioma: en

hello everyone thank you very much for
joining the closing keynote with
professor kathleen o'connor
and our fantastic student and alumni
panel that are joining us today as well
before we get on to the presentation
itself remember to join in on our social
media
timelines so you can go to weibo
instagram
linkedin and facebook to check those out
and comment with the class that you'll
be joining so you can connect to your
future peers
and start forging those lifelong
connections and also remember if you do
leave a comment you'll be entered into a
competition to win a one-to-one meeting
with professor linda gratton
kathleen if you want to start slide
sharing
thank you so this kathleen session you
belong at london business school
just to give kathleen her full title in
introduction
she is the clinical professor of
organizational behavior here at london
business school
as well as the director of executive
education she's an authority on
negotiation conflict management and
collaboration
kathleen is here today to share her
insights as to why you belong at lbs
from the research on belonging to what
they mean for you at lbs and a panel
discussion with pamela
sifran and our pizza where you'll have
the chance to submit questions to the
panel
so please use the q a function
throughout kathleen's presentation to do
so
over to you kathleen to tell us a bit
more about your presentation
absolutely thanks so much alex and
welcome everyone welcome panelists and
and uh and welcome everyone out there
it's a pleasure to have you here so
so uh let me give you a sense of where
we're going today i have a
a bit of an introduction here i will
speak to the research on belonging and
explain to you why i think it's really
important for you to
know about it and then we will move
pretty quickly
over to our panel discussion because i
think that um
it's always good to hear what current
and former students have to say
about the experience so with that in
mind
uh alex can i have you launch the mint
meter please
i know that we have a big crowd out
there but i'd like you to think about
three words that come to mind
three words that come to mind when you
see the prompt
i am a blank
okay i will tell you we're in a
professional setting so
bearing in mind i am a blank come up
with three words
alex i can't see the men's meter how are
we doing
a few things coming through now kathleen
if people haven't used it before just
visit mentee.com and use the code as it
tells you at the top of the slide
perfect
ah what a great list
great list keep them coming
if you're not familiar with mental meter
we do use it quite a bit
at the school it has a lot of
functionality for us and when we
are on zoom it's really helpful
lovely let's give it about 30 more
seconds for those who are
just joining us get involved mentee.com
oh i didn't bring my reading glasses
alex let's give this just another couple
of a couple of seconds here and then we
will
pause
so as i take a look at these as i take a
look here i see
a lot of different words coming up woman
friend dreamer
visionary consultant
learner explorer oh i love it introvert
innovator strategist
french realist
analyst dreamer we have a lot of
interesting ideas for how people
are seeing themselves let me tell you
why i'm going to take this down
and let me tell you why i was interested
in this
let me grab this screen back again
and that's because it has everything to
do with
how you think about yourself in the
world in in two particular ways
the first is um the group you belong to
so many of us see ourselves as members
of groups and you saw some of that it
was
a consultant or french right that
there's a a
group that we belong to they're also
another aspect that stands out when i
have people do this exercise and that's
the things about them that may make them
different from other people
so things about them as individuals like
a realist
a visionary right creative curious those
kinds of descriptors
and that connects really clearly with
the research that i've been doing lately
so let me share a little bit with you
today
i've been doing a little bit of research
on this notion of
standing out while fitting in and it
really ties to
two essential needs or drives that human
beings have and i should say
i'm an organizational psychologist so i
care a lot about these kinds of
questions
people have a need to both fit in called
the need to belong which i'll describe
in just a minute
and they also have a need to distinguish
themselves from other people
this need is a little bit less in some
folks and a little bit greater in others
but we also want to be accepted and
respected for who we are
and i believe that earlier today the
dean may have made reference to these
ideas
so let me jump a little bit into this
idea around belonging
first human beings and this goes for all
of us it doesn't matter if you're a
millennial
or gen z or or
generation x or whatever you are if
you're from
thailand or trinidad south africa south
carolina
it makes no difference human beings have
a fundamental
psychological need to belong and that
really is about the need to be part of
loving and caring relationships in fact
when this need to belong goes unmet in
human beings
we um our health tends to suffer and you
might think about times in your life
when you haven't really felt those deep
connections that you didn't feel like
you belonged
to any person or group in fact when you
experience this sometimes it's in the
form of being excluded socially from a
group
you know it lights up the same pain
centers in your brain
as physical pain the pain of not
belonging lights up the same pain
centers in your brain
as um as as a physical blow does and
what's interesting about that so that's
actually very interesting to me i'm not
a brain scientist i find that result
fascinating but the second is that
because it lights up the same pain
centers
you can use the same painkillers
to feel better if you've suffered social
exclusion than you can
if you've simply got a headache or you
stubbed your toe so
good to know but it really goes to the
essence of why
um need to belong is so critical for us
as human beings to have met
um it's fundamental to who we are so our
aim at london business school is to
create a place where you feel like you
can belong
at the same time many of us have a drive
for distinctiveness
that is we want to be valued for who we
are all of it
to be respected and understood to be
accepted
for exactly the person we are and at
london business school we also will
help you belong but also in ways that
enable you to be true to yourself
and i picked this little graphic
intentionally
so in this marbleized paper every color
is part of the pattern but each of them
can stand out
so that together they're forming this
beautiful pattern it's a little bit
corny i know
but it makes the point that's really um
that's a really critical one for me
research tells us that the more we feel
like we belong
the easier it is to stand apart from
other people
so we hope that we can that we will
create for you a place
we believe we've got it at london
business school where you indeed
feel like you can belong and that's a
place where you can also
feel like you stand out okay let me
i'm doing a couple different things here
um so let me move on to the next slide
so we believe that london business
school is a place where you can belong
so let me say a little bit about this um
uh this is not my first job i've taught
in business schools for a few decades
now
and so i've welcomed a lot of incoming
classes
i've also said sad goodbyes to plenty of
graduating classes and in between i've
spent countless hours
at alumni events visiting with my former
students
and seeing what they've been able to
achieve in the time since they've
graduated
and so here's what i can tell you
business school is a transformational
experience
it will alter the path you are on and
joining london business school will
alter the path you are on
there are friendships that you will make
in your time
at lbs if you join us that will sustain
you for the rest of your lives you will
be friends with these people
uh most of whom you don't yet know
you'll be friends with them
for the rest of your lives it's a really
important thing to recognize about
joining a business school
the second is that you're also joining a
diverse and
international community of alums a
network of folks who will
see you as another london business
school alum
another graduate as a kindred spirit and
that's another thing
you're joining you're also going to
learn from a globally recognized
group of faculty who are specialists in
their fields
and want to see you develop and succeed
and will try hard
um to help shape you along your journey
let me keep going so let's get into this
idea of transformation
um there are lots of reasons why folks
decide to join london business school
so you may be looking to build some
foundational
uh skills you may be looking to pivot
from one industry to another industry
entirely
uh you might be trying to leapfrog up
the ladder
uh in your current industry right so
that may not be the change for you you
just want to get
to where you want to go faster what you
may not realize
right these are all pretty clear reasons
for coming is that you're just about to
start a lifelong
educational journey with us and we're
going to be on it together
after graduation and i know it's a long
time away i mean you're just at the
decision point now so graduation feels
like a lifetime away but it's
it comes before you know it after
graduation we look forward to having you
back
as partners with us as guests in our
events
to sit on panels to be the experts
even to stop by your favorite
professor's class
uh as a guest speaker this we hope um
this place we hope will be your
intellectual home for a long time
to come and let me give you a sense of
of the kind of experiences that we offer
so um this week our wheeler institute
for business and development
is hosting a really marvelous
conversation so they're sponsoring a
conversation between our own
um professor ricelyn and mark carney
whom you may know as the former governor
of the bank of england and they're going
to talk about
sustainability and what it means for
enterprise value
that is the kind of community that
you're part of
and the kind of events that you will be
able to join while you're here
and even after you leave as one of our
graduates so we really think about this
um for you as an education for life
let me say a little bit more uh learning
is a team sport
i've been teaching for more than 20
years uh maybe more than 25 years i
don't want to say how long it's been
more than 25 years
uh learning is a team sport so in part
it is an exchange between you
and the faculty with whom you're
interacting it's
also uh an exchange between you
and your fellow students so whether it's
online as we've been doing or hybrid
format which we have
gone back to i'm really excited that
we've gone back to a hybrid model where
we're doing both in the room and across
zoom or
with any um with any luck fingers
crossed when we're in a full classroom
face-to-face situation um you're going
to be learning with your
classmates and they're going to be
shaping
uh the conversation with you so this is
a an organic experience if you're an
undergraduate who
is accustomed to sort of sitting there
and listening to what we like to call
the sage on the stage
you're in for a real treat because it's
going to be a lot more interaction than
you may have expected in the past so
this is a place where you're going to be
learning
not only from your faculty but also from
the wonderful
curious um smart students around you who
are also as passionate for learning as
you are and are as dedicated to learning
with other people as you are
we also recognize that there are lots of
ways that people learn
so they learn through um coursework
certainly and problem sets and case
studies and all the things that you um
have come to expect from business
education at the very elite level
um but we also give you a range of other
ways that we expect you to learn so as i
mentioned
it's speaker series the ability to ask
questions you will attend
events there are clubs we have got and i
want to check my notes here
more than 75 student clubs that you can
be part of
our panelists i think we're going to
talk about some of the um
clubs that they were part of some of
some of our panelists have founded clubs
uh since they arrived at the school so
these are um groups of people who share
your passion who have the same
interest that you have um and these are
clubs that you can join but also lead
during your time here right you're going
to want to lead some of these efforts
you're going to be honing
those leadership skills in lots of ways
during your time
at london business school and those
experiences too are going to transform
you
on your path i'm going to take a little
bit of a side
um a sideways little detour here for
just a moment
i did a set of interviews with graduates
um
last summer uh maybe two summers ago it
all blends together
recently i i put out a call on my
linkedin and said to
um to all graduates i've taught so
masters students that i've taught over
the last couple of decades
what is some advice you would give to
entering students
what should they know before they step
foot
on campus and they gave lots of examples
of things that they could do and in fact
you can link to me on linkedin and you
can get a sense of what
of what they said because they made
their comments public kathleen o'connor
i'm on linkedin
but there was one woman who sent me a
really interesting email and she said
and it was titled plastic
he's one of my graduates and so her name
is vanessa and i opened it up and i
thought plastic wasn't she done about
and she said plastic i have a passion
for plastic
um in terms of pollution in terms of the
environment and she said you know what i
should have done
i should have put a call out to the
other students who were also
right my community at london business
school and just told them i was
interested in plastic and you know what
i bet i would have been a lot further
along my own career journey if i had
explored that passion
with a lot more um a lot more vocally um
i just think that there was probably
there are probably people at london
business cool who would have helped me
explore that in more detail and it might
have shaped the trajectory of my own
career and it was a real missed
opportunity
and that's a story that sticks with me
because that is the kind of place it is
a graduate says you know if i just sent
out a note saying anybody inching
plastics
i bet i could have created a real ground
swell i would have connected with
like-minded people and i think i could
have launched
my entrepreneurial startup much more
quickly
because i would have been in the right
place for it and that's that's a story
that sticks with me
so you'll forge these lifelong
friendships and some of them will come
from your own classmates
and some of them will will come because
you put a uh the word out that you're
interested in someone who has another
interest in in plastics they'll come to
you that way
there are 45 000 people and more every
year
around the world today who have passed
through our doors and are proud to call
london business school their alma mater
you can find them in all corners of the
globe and in
all possible industries whatever you
need
wherever you are you can be sure that
there will be a london business school
alumni or alumnus nearby and willing to
help
i know that that is true because in my
own courses
i often tell stories about former
students that i've had with their
permission
and other students in those classes have
reached out to say
i heard this story do you have 20
minutes i'd love to chat with you about
whatever the issue is
and absolutely every time those students
say i'd be happy to
you're an lbs alum i'm an lbs alum let
me know how i can help you
so our community is absolutely global
but it's also small enough
that you can form a community and be
helpful to each other
so it's something that we um offer you
and it's something that we expect you'll
reciprocate
as graduates of london business school
let me say a little bit more so this is
our network
and we hope that you will be um that
you'll be an active member of this
network
we offer to and it belongs to you
so let me say a little bit about my
colleagues here so finally a word about
them
i know them probably better than anybody
because i spend all my time with them so
this is a globally recognized group of
scholars and also world-class teachers
so you're coming to london business
school to learn from the people who are
doing
the research who are in the field who
are studying the best practices
who are trying to gain insights into
what's
next i heard that alex said that there
will be a raffle
and you're they're raffling a
conversation with professor linda
gratton
who is um who is an expert on the future
of work
who regularly attends the world economic
forum
to talk about her thoughts around the
future of work
and who's also authored um at least one
of the books that i'm
shining a light on here in my deck which
is hers is the 100 year
life but this is just a sample of the
books that our faculty
have written and it doesn't include all
of them by the way just in the last
couple of years
um some of these are real bestsellers
these are folks who are not
off in their offices um just doing the
research and
and editing copy editing the galleys for
their books
they're in the classroom they're
teaching you
they're accessible to you they're guest
speaking at events they are showing
up they they're having lunch in the
dining room they're eager to speak to
you so they are again not only
scholars but also um committed teachers
they're the kind of folks that business
leaders and governments and
non-government agencies
turn to when they need cutting-edge
insights and they need to solve really
tough problems
and our faculty always have one foot
firmly within the walls of london
business school
teaching doing research connecting with
our students and being
an important part of our community and
they also have one foot outside
in the world of of of work where the
business conversations are happening
and i think that you will find that they
bring those conversations right back
into the classroom
so you know that you're not just getting
theory and frameworks
these are informed both by the research
but also by what's happening
um around the world and i'm passionate
about it because i'm one of those folks
that has one
foot firmly planted inside and one foot
outside
so always looking to share what i'm
learning with students who
um who need to be out in the world
actually solving the problems too
so unlike some other business schools
our offices faculty offices are in the
same building as your classrooms so our
faculty
are accessible and keen to support you
and
help you on your learning journey so of
course again
whether it's in the face-to-face or in
the hybrid format
certainly what's been true as we move to
zoom is that faculty have never been
more accessible
than they are when they're on zoom so we
are always here for you
um i'm trying to think there's anything
else i'm missing i don't think so
except to say that i can speak for all
the faculty when i say
we believe in you our students every one
of you was admitted
because you have the talent the ambition
the curiosity um and the interest in a
rigorous
uh program of study to be successful
here there are no admission mistakes
again i've been hanging around business
schools long enough to know that some
people
kind of worry about that impostor
syndrome a little bit right that maybe
they don't know what they really got
when they admitted me
trust me this has been a really rigorous
process if we asked you to join the
class it's because we think that you
will add value to your class
uh you will find a place here we believe
in you
and believe we believe in your potential
to impact
the way the world does business so let
me add my welcome to everyone else
and say welcome to london business
school
at this point i would take a few
questions if you
have any are there ques if there are
questions for me i'd be happy to take
them
i'm a couple minutes i have a couple of
minutes before i need to get to
our panel i know that that's where most
of you
most of you are looking ahead towards so
if you have questions you can go ahead
and put them into the
we have a q a don't be shy i'm happy to
take
one or two
you are lucky i will tell you that you
are that i can't see you
because you know that when you come to
business school one of the things that
you become really accustomed to
is being cold called right so i know
that our panel says oh gosh i haven't
heard those two words in a while
um you are used to being cold called
which is where you
share your stand and deliver skills so
if you were here we would absolutely do
that but
if i haven't gotten anything yet i can
move on and do an introduction
[Music]
oh i do have okay great thanks thank you
um xavier so what are the exit criteria
for returning to in-person learning well
i will tell you
that um we are right now oh goodness
i've got a lot of questions alex i may
have to have you
help me a little bit with this um
oh yeah now i've opened the door and now
i've opened the door
we are back to in-person learning so we
have permission from the government
um universities uh like oxford and
cambridge and london business school
were able to apply
and so we are now open um we can't have
a
full set of folks in the classrooms yet
but we hope that we will
do that um i think after july we'll be
revisiting
um how many folks we can have in a
classroom with us but we are back to
to in person i've been on campus and
seen students and been able to have some
very nice chats with students so
um okay uh i hope that answers your
question
uh oh i've got oh here's one okay so do
we have any workshops on personality
development
oh my goodness you are going to open up
a can of worms let me tell you what we
know because you can't change your
personality
this is going to be the first class you
take at london business school
and the panelists can speak to this
themselves we
put you through a battery of personality
assessments so you can develop the
self-awareness you need
to be able to um come up with a plan of
action
while you're at the school and in fact
every student who walks through the
doors
has to complete a personal development
plan
where informed by the uh self
assessments that they've taken
um and sometimes 360s we get you
to think deeply about who you are where
you want to go and what you need to
develop
so that's a really nice one um so no
there will be no
so you'll get a lot of insight as to
what your personality is but we don't
change it
turns out you can't really do that um
what books reflect lbs closely oh gosh i
can't pick
you expect me to pick favorites i'm not
going to i would say the 100 year life
i think that's a really great one and i
think it's one that you will
keep close to you for the rest of your
career it might shape the way
you think about your first and second
and third and tenth job
so i think that's a really good one um
alex do you see someone here that you
think you'd be better at answering than
i would
not necessarily ones i think i'd be
better at answering but maybe a
combination of you and i
and there's one here of since you've
worked at multiple schools this refers
to you kathleen cause you told us a bit
about your bio
how would you define lbs's unique
character
that's a great question and not a
difficult one to answer so
um i spent most of my years at a u.s
business school
and um it was not in a very big city
so here's one of things that really
there were a couple things that really
impressed me about london business
school and i'm not blowing sunshine up
anybody's skirt
um this is a truly global school
and we sit at the crossroads
of the globe and so being in london is
an enormous advantage
in terms of the access we have to
companies
to leaders um to government um folks
we've got all sorts of people passing
through our doors so do you wanna know
about private equity we bring them
through our doors
you wanna hear sir alex ferguson we
brought him over
right anybody you want mark carney as i
said is coming gita gopinath
who's the chief economist for the
international monetary fund
she's going to be speaking with our
faculty and oh as in an open session
um available to everyone um in about 10
days
so we sit at the crossroad or uh we see
the crossroads of the world
um both in london and our um campus in
dubai and
certainly that gives us an advantage
that other business schools don't have
we also have a very interesting way that
we do electives and i don't want to say
too much about it i suppose except to
say our electives are open to people
in all of our programs and so you will
sit in class and elective
with folks who are executive mbas and
mbas and
masters in management and masters and
finance and it creates
uh it creates an exchange that you can't
find at most other business schools
where
the cohorts are divided by program
so it's really brilliant uh the exposure
you get to the rest of the world
um i think is second to none and that's
because we're
where we happen to be in london which is
a huge advantage
yeah can i take one more and then i'm
gonna move on to our panel i think
yeah absolutely there's one that's just
come through here kathleen that says
what's been your most exhilarating
experience as a professor at lbs
accelerating uh oh my gosh i have to
i have to um i have to dig deep so some
of it are the
so i'll say two things right so some of
it are the interviews i've been able to
conduct the panels i've been able to sit
on
i don't kind of want to name names but
they've been pretty significant people
that i've been able to meet
but that's not what actually keeps me
what kind of i'm going to turn your
question that's head inside um
and ask what gets me up in the morning
after all these years of teaching
um and makes me passionate about the
work that i do and that's the time i
spend in the classroom
so i love to teach and i love to teach
people who are
curious um and ambitious uh
and so that that actually is what keep
you know makes me come in every day i
like to do research and i like to sit in
my office and crunch numbers too
um but the best parts of my job are when
i get to come in and talk to students
and work with students and
one of the things that i don't get
enough of and i will say this to you and
you'll remember this i hope you remember
this
is that they don't stay in touch i wish
my students stayed in closer touch with
me
uh i think that most faculty feel that
way so we we meet some remarkable people
who are going to going on to do
remarkable things some of you come in i
taught
masters in management i taught all the
masters and management students this
past autumn
and oh my gosh what an incredible set of
folks those were what an incredible set
of resumes those are i i was so
impressed by what they've been able to
achieve at such a young age
and i hope they stay in touch and
unfortunately not enough of them do so
stay in touch with your professors they
definitely want to know you and hear
from you like don't be daunted by
the size of this place right there
there's a you
you have a lot of things about you that
people want to know about so make sure
you recognize that about yourself
i think at this point i'm going to stop
so those are great questions but we've
got a panel full of people who know a
lot more than i do so
and know about different things than i
do so i want to make sure that i um
introduce them so let's do that let me
um and then i'll take the deck down
so let me welcome our panelists who are
taking time on their own saturdays
to be with us today and i couldn't be
more pleased uh given who these folks
are so let me first introduce pamela so
pamela
flores monaco pamela is a class of 2022
mba so she's still here she's the laid
law lead for development and policy
pillar of the social impact club she's a
laid law scholar
really proud to have the laid law
scholars with us at london business
school
prior to being here she studied business
at um
the catholic university in argentina
because you know pamela that i'm not
going gonna do justice to it
um and worked as a product manager in
pharma companies like novartis and gsk
but she's a current student
uh safran is also joining us so he
graduated in 2020
from the global masters of management at
lbs and
fudang university in shanghai so it was
a very interesting perspective there
at lbs he was the partnership's lead for
the out in business club
and it's you're out conference and was
also a consultant with the impact
consulting club these days he's an
international expansion associate at on
deck
a u.s series a ed tech startup and
previously he worked for uber
and entrepreneur first in london
finally we have arpatha
barbara masters in finance 2019 so she's
a graduate
uh working as an investment analyst at
alliance bernstein's
concentrated global growth fund she did
a chartered accountancy in cfa before
lbs so that may be familiar to some of
you
also and she worked at deloitte india
before she joined us at london business
school
and so this is a pretty distinguished
set of folks who have been in different
programs some of whom are still here and
some have left
so um so i'm just going to cue it up i
think that you all should take it away i
will
um read off a question or two
and then i'll turn it over to you all
okay so let's get some more let's get
some questions going
and we'll be able to ask them so you all
can unmute yourselves
if you're in a place where you can
unmute yourself please do
um let's get some questions up
kathleen there's been a question about
the impact of brexit on
lbs i think that might be an interesting
place for you to start with the panel
sure so panel what is the impact of
brexit on
lbs it might be on your experience in
lbs so
um who wants to take this question so
someone who can speak to that
yeah i think it's a very uh subjective
and a very vague question which nobody
can really answer for you
i remember when i was applying in 2018
uh
the same question was there even back
then it was three years ago when i was
doing my course
at lbs we had the same question i've
graduated and i still have people
reaching out to me on linkedin
and they ask me the same questions so
yeah i'm sure there are changes
but brexit is an issue that's been on
for five years now
so i wouldn't pay too much attention to
that
okay so what i would just say and
my experience is slightly different as
well because i was there before brexit
actually happened and
for us we actually had access to
pre-settled statuses etc
so there might be variations for
europeans who then want to work in the
uk
uh that being said you know you're
probably very qualified and you know you
probably have an amazing resume and so
companies will have ways to make sure
you can stay in london if that's what
you want
but i think the point is that london
will i think always stay this amazing as
kathleen said
you know at the crossroads of the world
and this amazingly
diverse city and i i don't think that
will change much um so in that sense you
know i i doubt that there will be many
changes and i think
the numbers that have been given for
applications are still pretty similar in
terms of
you know applications coming from around
the world from incredible people so
yeah i mean we'll see i guess time will
tell yeah
thank you pamela can i go to you for the
next question please yes
so so this is so it should be a closing
question but it's such a good one why
don't we do it now give it some justice
so
if there was one thing you could have
done differently and you're in process
so you could actually reflect on some
things you're going to do
what would it be and why okay
i think one thing and i think i started
early even
but i would have started talking to
people uh
that at lbs even before i mean
not just wait till you go to lbs or be
there
in person but like even as soon as you
got like
your acceptance or even before that just
start talking to people like
in the club you think you want to be in
the club that
you want to participate in and i don't
know the experiences
that you might want to have i think that
the sooner you start
the better to be honest both in terms of
like uh trying to get the most out of
every opportunity but also like in terms
of
trying to know more about the different
sectors you're interested in
i would say that yeah i think that would
be something
that i would make so much more yeah
there's still time
well to learn to meet new people yeah
it's the fun what have you got
yeah ah that's a really good one i think
really define your goals and this could
be actually and one of the really cool
things about obs is that it's not about
it in semester it's like divided in
terms and actually every term
is quite short and it's everything is
very intense uh but then every term can
look quite different and
um you know you'll have as a and as an
early career students um
your electors will be at the end for
instance and so you know there will be
differences around the year but i think
try to think about what you want to get
out of you know the first three months
and then the next three months
and my advice is like you will be
overwhelmed
like there is a lot um you know for me
and
we'll go into more detail maybe later
but it was probably one of the most
intense years of my life
and that's you know academically
professionally and and personally and
especially as
as a sort of earlier person i haven't
really had work
much work experience before you have to
kind of you know go into all of that and
define kind of what your life
is going to be like professionally and
so i think really try to understand what
your priority is
um and that can shift throughout the
year and then reflect on your goals and
see how you've
compared but i think also one one piece
of advice is
to not stress too much about um about
jobs particularly i think it's something
that people
you know you probably have seen the
statistics everyone you know at rbs
it does really really well in the job
market but then we always tend to think
oh my god oh my god like you know it is
tough finding a job but then
don't you know don't don't put
too much pressure on yourself you will
find something amazing and also
um don't sacrifice everything else
because the year will fly by and
obviously the experience never ends
you'll still be part of lbs but you know
that years
or two years depending on the program is
really the special part so
um make sure that you know you know what
you want to get out of it and then
uh reflect and then change it that if
you're not kind of um
keeping up with your goals yeah sounds
like you did that right sounds like you
were very very involved
despite the fact that you also need to
have a job right so yeah yeah but i
think also just
the final bit is you always feel like
you can do more and especially after you
you leave you're like oh i should have
done this i should have done this club
and so
you know don't try to do everything at
once uh is my my advice
but yeah you'll have that you have a
blast thank you
that you're the furthest away from from
the experience so what do you wish you
had known
uh i think absolutely this uh this is
the one advice that i give everyone that
know what your objectives of
doing the program are and pause and
reflect because i remember
i came to lbs just for the international
exposure and the experience and the
chance to meet people from different
countries
and i wanted to take the year and do
things that i wouldn't have done
otherwise
uh so one is that and the second thing
is that once you come here it gets so
overwhelming because there are
hundreds of people trying to do
different things and somebody else may
have come here just to find
say for example a private equity job
just because that person needs to do
coffee chats to land his private equity
job does not mean that you need to get
into the rat race and start doing coffee
chats too
if it does not align into your goals so
if my goal was to
for example get into public equities i
need to sit at home and build my stock
pitch and not go out doing coffee chats
with people
and if i want to travel i need to make
sure that
i make my bookings in advance and i get
my schengen visa in advance so
you may have different goals just keep
pausing and reflecting and don't get
overwhelmed or don't feel bad if you're
not doing what somebody else is doing
because their objectives may be entirely
different really lovely yeah
and i see everybody's nodding to that
one uh you have another specific
question so let me ask you to view and
then i'll and then i'll um
ask another one to the others um how did
you find the process
um of moving from accounting audit to be
an investment analyst so
some and then it just disappeared right
so some skills uh to consider for the
future for someone who's in a similar
situation so you made a a big change
can you say a couple of things about how
you managed your lbs experience to help
you make that change
so uh i recharged accountancy and cfa
uh i worked in audit for three years
because that's compulsory when you do ca
in india
and then i moved to valuations which is
financial advisory in deloitte india
and when i came to lbs i was always
interested in public equities because my
family
business in india has something to do
with that so i was always more inclined
towards it
i came here and the first thing that the
career center taught us
was look at what the transferable skills
are so what do you
want when you want to get into public
equities asset management
analytical skills financial modeling
skills which i had because of my
job in valuations but having said that i
had never worked
in asset management before right so i
joined the investment management club i
started attending
speaker series events week on every week
and the investment management club was
so active that they had someone coming
in to talk to us
every two weeks and i made it a point
that i visited those sessions
and truth be told after a few weeks i
realized that most of them have the same
thing
to say in terms of the trends in the
industry and in terms of
the skills but it's very important to
keep hearing that again and again
because before i knew it that became a
part of my lingo and it just started
flowing very naturally when i spoke to
people
and another thing that i learned here
was to
when you're trying to get a job in the
asset management industry yeah i could
call somebody and ask them you know how
does your thing work but what they want
to see is what value ad could i bring
so building stock pitches so i had never
built a stock pitch before coming to lbs
but i joined the imc and the imc
imcc investment management club and they
do stock pitching workshops so i started
doing stock pitching workshops
uh i did peer mentoring sessions where
my seniors told me that you should
participate
in the orbis top picking challenge so by
doing these different things i had
i added things on my cv which showed
that i had transferable skills
and a strong interest to get into asset
management
and uh i so the way i landed my job was
funny actually i had my summer
internship at bernstein sell side
and i had my cio of my current fund come
in for a training
and i've taken the value investing costs
through lbs by eddie ransden phenomenal
course
and i prepared a report over there and i
shared that report with
the cio who seemed to like it and months
later it worked out
so i think it's a mixture of different
things and honestly being
at the right place at the right time
thank you very much
thank you um oh gosh so i've got another
question i feel like it's a little bit
similar to one that's been asked so i'm
gonna um
i'm gonna um punt it for now and instead
move to
how do students get to integrate with
the city of london
so do you spend time in this in london
what types of events and speakers does
lbs
host for students to learn from current
business leaders
pamela you're here now can i have you
answer that question and then we'll move
to
safran yes sure
i mean i think that for me it has been a
different experience to what uh
the the other people can say just
because like i've been mostly during
the pandemic right london business
school but
i do can say that uh we'd really try to
get involved with the city i mean yes
right now we've been mostly at our homes
but we tend to like with the clubs or
with the people that we know we try to
reach out to like
our connections within lbs but in in
like other sectors or who are albums and
in that way try to do it over soon or
what we've been doing lately
tried that now everything's like opening
up
try to meet let's say is to meet like
other students
and or even like a potential i don't
know
a connection that could be also uh
valuable for some part of your job
process
sometimes they can't agree or go off for
a walk on one to one basis but
i i would say that because of the
pandemic everything has turned more over
to sue
but that's i think that's very
interesting too just because
it gives you time right to like
participate of more stuff that
it would be different if it was in
person too so i mean i think there's
always silver linings into it
so sometimes i mean the the face to face
is always great but also it doesn't
allow you maybe as much time to
participate as many as much things you
would like to
as if you as in the online settings so i
mean it all depends to be honest and
maybe i can tell you more about it once
uh now that everything's starting to
open up
yeah sounds good i have heard from some
faculty that they say they've been able
to bring in guest speakers that they
never would have dreamed of bringing in
because
those folks weren't able to travel they
would have been able to take a day and
travel here
um and so there's been a really
remarkable um quality
of guest speakers safran can you talk to
this
point about being in london and who
you're exposed to
yeah i mean there's many points about
this um i'll try to keep it short but
the first one is actually the lbs is in
marlborough which is arguably one of the
best um boroughs in in london um and
it's very central you can obviously
commute to the west and the east um
the first thing is yeah via the clubs
you obviously are so linked
to stakeholders in london in the uk but
also in europe
um and so through those um when you know
when i was there it was still
physical events and so i went to a
variety of conferences i went to you
know their luxury conference the china
conference all in different
beautiful um buildings and you know
obviously you had the obvious um
you know students but you also had
people from outside that you can meet or
even other schools
and naturally you had you know top
leaders from businesses or
um ngos or any kind of you know other
organizations that came in to speak and
so that was a really good way
but you know equally on an academic
level especially for electives
um but but even for core courses you
know obviously our faculty is
really well connected and i remember our
luxury strategy class which which i
really personally loved um and you know
every week we had a new
a new speaker come in from london but
also from milan or from different places
uh or paris and and there were you know
really senior people in c-suite in in
major companies
um i can remember the beers or the
diamond company or many many others
so that's the the second thing and the
third thing is you know it's also up to
you to take
the opportunities that are there and
there's a million there's a million
events there's a million
also on the social level of course
there's restaurants there's clubs
hopefully these will reopen soon but
you just have so much and again i think
it's a case of like there is so much you
will never be able to do
all of it so have some priorities um
and and choose really the best ones that
are the the most appropriate for you but
yeah there's a million ways
is my great thank you let me um i'm
gonna change gears and ask
um a little bit about the global career
market so
maybe you can reflect on what your
experiences are so far and pamela you
may not be part of this one as a
as a current student but but reflecting
on your experience but also the
experience of your colleagues so you
have a i think a lot of wisdom to draw
on so
so friend let's go and start with you so
to what the question is to what extent
is lbs integrated in the global career
market in other words
does lbs limit your opportunities mainly
to london in europe or
i can't extend globally for instance the
us and asia so what's been your
experience and what experiences do your
colleagues have
yeah and i can speak to that because
after lbs i've received offer from
offers from companies in london in paris
but also in shanghai
and i'm now working for a ui startup
base out of sf and so
and you know obviously this is my
experience and i also have different
schools on my cv and different
you know everyone will have a unique cv
but then obviously the lbs brand did
have a lot
so i would say just the first point is
lbs is a you know globally recognized
school and so
you know most people in top companies
will will know it really well the second
thing is the alumni network is truly
global
and that's what i found when i was in
china so i was doing this the dual
degree with fudan university in my
second year
which was cut short slightly but wasn't
was in shanghai and so when i was there
um this is a separate point by the way
but i joined the rbs shanghai club met a
lot of alumni there and through that
also got to know opportunities
and was referred to different companies
that maybe i actually didn't even know
of before
so you know obviously if depending on
the region of the world that you want to
apply to
um you know chat to alumni um and uh
and i guess that would be a good way to
go in but even if you were to cold apply
um my experience has been that it's been
really well recognized uh
in most places so um so yeah great
thanks how about you oh sorry pamela did
you want to weigh in on this one
oh okay a little bit yeah just because i
think that it's important
to know that for example in my case i
don't have for example a european
passport and
that was something that for me i thought
it was gonna be like some trouble
and even uh something
mean the sense of like for example uh in
the past i've been able to
uh i don't know get a an internship with
a startup in london then i started
another
internship in with geneva office for
gabby kovacs team and i've been also
like recruiting for
bcg chile so what i mean is it's really
global like you can go
basically wherever you want of course
there's some nuances in terms of like
industries but i think it's very very
global and you can
like go wherever you want honestly yeah
nice thank you arbiter is there anything
you'd like to add to that
i think they're saying yeah don't worry
about it you're it's you can do it right
i mean lb
everybody knows lbs don't worry so do
what do you have to add to it
i know classmates who are taken jobs in
luxembourg
in dubai who've gone back to india
and while i haven't tried applying
abroad as of now
but i have spoken to a few people and i
have reached out to a few people just to
understand how things work
and i feel that just adding uh the fact
that
i did my master's from london business
school uh makes a huge difference
and i think it opens doors for you i
think people will be more open to talk
to you
just because you have been a part of a
school that's well known thank you very
nice thank you for that
here's another question so there's a
stereotype
for lbs that it's mainly a finance and
consulting school
to what degree do you think it's true
has it changed this looks like someone
who's saying gee i don't know what if i
don't want to be
in one of those industries will i will
this still be a good choice for me
so i don't pamela do you want to say
something about this
sure so i wasn't looking for consulting
or
uh finance actually i was looking for
social impact
so i can say that it really opens up
doors i mean
honestly back in argentina i was
thinking i would like to work someday in
the for the un
or for something like that and i thought
it was gonna be super hard for me coming
from there
but honestly being here i've been
exposed to so many of these
organizations like the social impact
club for example has
so many connections i mean just because
many of the people who are
many of the students or former uh i mean
alums or just faculty people i mean they
have connections with so many
uh people around the world right and so
for example in my case i've been able to
i don't know
get in touch with uh social impact
organizations such as
clinton health access initiatives such
as gabby such as
bill and melinda gates foundation i mean
there's so many different organizations
you can definitely uh
transition uh you can definitely
transition from some what you were doing
for example in my case pharma i'm really
like
finding that i feel like i it will
really happen to me the transition you
know
uh so i mean don't be worried about that
it's as long as you put the effort into
making the connections and going to the
coffee chats and just
uh opening yourself up to like everybody
who's out there i mean
you can definitely find that transition
it's great so frank what has been your
experience
yeah and i can actually add to that it's
it is changing
is the answer and actually if you look
at the employment reports you see that
increasingly people are going for
um you know the finance percentage and
the consulting percentage is diminishing
for all programs well maybe not for
matters and finance because that's
really
obviously what they're meant to do i
guess in most cases
but even then um and so actually you see
the proportion of students that go into
technology careers increase year on year
and i think
i think i saw something like 30 percent
of i think it was the mba
summer internships um 30 of those
students actually took a
technology uh internship and that can
mean big tech it can be smaller startups
it could mean vc
um and that was actually my experience i
had i didn't really know what i wanted
to go into to be honest
and i think initially the default is
consulting especially for early careers
you're like oh this is going to be super
jealous and
for sure it is great and i do think some
people are a really good fit for it
one of the things i would say is be
careful about just falling into that
trap of following what most people are
doing
um because actually maybe it is not for
you but still try it out um but really
understand what the actual day job is
going to be like
but that was just a side note uh but
actually in terms of technology i
um at a conference um that we were uh
holding which is the
lgbt business conference called year out
which is the leading one in europe
um i randomly met with uber recruiters
um and i never thought i would work at
uber i didn't know what people did at
uber
when they studied business and actually
came to understand the culture the uber
eats business
and i was like sign me up and so
serendipitously ended up interning there
and then you know did my full-time role
there and then transitioned to other
companies
and actually i found a lot of lbs salon
in in the vc space
um in startups and increasingly you also
have the obvious incubator
so actually no it is changing um but i
mean yeah for sure there's still
people going into consulting and finance
but you know there's a lot more
to that great thanks to both of you
great great answers
um i have another one here around oh
recreational activities do we want to
spend a couple of
moments kind of you know are there
recreational activities at lbs that
you're part of i i don't know what they
have in mind
but you know i don't know are there
sporting clubs are there
restaurant clubs so does somebody want
to take this on
who wants to take this on i think
i think all three of us should because
maybe we all we're all interested in
different things and we have something
else to add
so there are regions so in terms of
recreational clubs there are regional
clubs professional clubs and social
clubs right
uh one thing that i must talk about uh
lbs sundowners so
there are like two hours everything
excuse me you said
sundowners yes okay i just want to make
sure everybody hears you
okay yeah okay so i'm talking about
sundowners and it's a very obvious
thing so every thursday for two hours
lbs opens its doors to all its students
and you have free food and free drinks
and you get to interact with people from
different classes different cohorts
it's just a two-hour party on the campus
every thursday uh another thing that lbs
does is it organizes checks
and uh it was my objective to ensure
that i
attend at least one lbs track and so i
did the norway trek by the expedition
club
which was uh three days of sea kayaking
and
uh climbing a mountain which was like a
25 kilometer trek which was
fantastic something that i never thought
i'd do uh
then there's i did the tedx lbs club
where i was a part of the speakers
committee
and i was a part of the india club where
i helped organizing the diwali party so
diwali party is this
huge party where every class puts up a
dance performance
for people from india it's like the
sandeep it's it's like the
dance performance it's like a dance
competition uh so yeah many fun things
to do on campus
sounds great pamela do you want to say
something about the fun things that you
like doing
through lbs and your your experience is
unique because you've been doing it via
zoom right but i think there's still
social activities happening yeah yes yes
yes
for sure i mean uh that's one thing that
also you have
for each class i mean there's like a
social rep for example or an academic
like the basically represent the whole
class
something that's being hacked during
this year social
setups are games and like scavenger
hunts
mm-hmm in which like you're able to
actually meet your fellow students and
other fellow students and it's pretty
amazing and also like for example the
footy club i've been
participating of that or like the wines
and spirits club where they teach you
how to make your own drinks or how to
make your own shakshuka let's say
as a meal that it's pretty pretty pretty
nice
so i mean you have this different uh
things that the clubs are really putting
up for you that
it's still like super interesting in and
you can really learn how to do that so i
think that there's everything you want
and
even if you're not act participating
actively as an
ex co uh as a member let's say you can
always participate of many different
things
for me for example i really like
photography and this week where
there's an art fair where where i will
be submitting like a couple of
photographs and stuff like that so i
mean it's super super interesting
yeah sounds great okay so friends you
want to add anything else to the
what do you do for fun around here yeah
i mean there's a million things and
uh you know there's also stuff that's
less structured and so
you can you know through just like
talking to people you find people who
have similar interests and so i've been
playing the violin for a while
since i was four and so that's always
been a huge part of my life and i found
some
students that were actually pianists and
so we did some duets together that kind
of thing and then if you're into sports
just
the rugby club the tennis club and
literally every single sport
has a club um so yeah you'll have a lot
of fun there and then
some major obvious things so we talked
about sundowners
so tattoo is um is an amazing
celebration that we haven't talked about
but it's one of the
biggest events of the year um almost
every student
is there there's a massive light show on
on sussex place which is the main campus
which is beautiful and then every club
has is making food and then there's
uh you know dance singing competitions
and it's about celebrating the diversity
of
of our school and you know one of my
friends always says that
lbs is kind of like the uh schools and
it feels like
you have every country represented but
um so that's awesome
and another like this is recreational
but also like
team building et cetera one of the days
that i really love the most
um is the away day and one of the things
we haven't talked about is that lbs has
study groups
so you're going to be with study groups
for an icrbs finally but
we have study groups and so you you will
um
for your courses you'll work with these
people you'll do assignments together
and the away day is like one of the
first days that you have at rbs and we
all went
um to this place outside london which is
a massive park and we
partook in different games like climbing
or even like some boat games to kind of
team build build trust and have fun but
even share stuff about ourselves and so
that was a
that's a really cool day but um yeah
there's a million things but again it's
a matter of like
picking the right ones for you right
sounds great arbiter was there anything
else you wanted to add to that because
you are smiling through unless you just
yeah unless you're just reminiscing
about the data yeah
it's taking me back to my journey uh
yeah so
started i mean there's two study groups
and the away days
there were six members in every one
study group and every member is from a
different country right so there's so
much diversity
in this you worked in different
industries you're of different
you're not the same age so there's just
so much
and i think the diversity at lbs is the
best part i have a couple of friends who
did
student exchange programs with some
top-notch schools in the us
and when they came back and i asked them
about their experience they told me that
yeah the school was great and the
academics were great
but the diversity at lbs is just
unbeatable
we had 120 students in my class from 34
countries
and it's not uh it's not people who are
originated from somebody else but have
lived in the uk all their lives
there are people who've come from
different countries and that makes a
huge difference
very nice thank you so i see so we're
getting to the end here so
i love this thank you panelists
definitely looking forward to the
sundowners and tattoos so you've
convinced ashna
right that these are things to look
forward to that's great um
i've got a question here i'm not
ignoring it for students being sponsored
by an employer
what advice would you offer on how to
maximize your career exploration
i don't know that that's the right one
for this particular group so
i'm going to punt that and say to xavier
that might be one
um for someone else to answer because
there are a number of folks who are
sponsored and so i think that's a really
good question so
uh maybe alex can uh alex salter can
direct you to the right source for that
um alex has also noted that she'd like
to answer a question live
so um alex is going to grab the
microphone back the question is
perhaps uh for one of you have graduated
how in touch are you with your fellow
classmates post-graduation
do you leverage the network
post-graduation alex am i right that you
wanted to say something about this
i just wanted to ensure that the
question was answered catherine
oh thank you very much for posing it but
i think it would be great to hear from
the panelists in terms of networking
you know we talk about the power of the
network what has the network
done for you i think people spoke about
having you know some
all these weddings to go to the dean
mentioned as an example maybe you could
all
end on a final example of the power of
the network
yeah and particularly those who have
graduated maybe right so when you join
us
um pamela will still be here so you can
actually find her
on campus when you join us right so so
that's the benefit of knowing a
continuing student but for those who
have
who have moved on so so friends you want
to take this this will be our last
question
yeah i mean there's so many different
layers the first one is you know
this is maybe cliche but i met my best
friends at obs
and like the people i talk to like my
actual friends who i talk to about
everything
they come from mbs and they're you know
some some
some of them are around the world some
are still in london uh so that's the
first thing
um the second is you know with different
clubs you really stay in touch
uh so that was really the case for the
out in business club and we have our
yearly conference so
we were actually invited to go back to
the conference every year so you
actually see
that that group every year what i would
also say is we have all these alumni
clubs around the world and i
i mentioned this earlier but when i went
to china i didn't know that many people
in shanghai
and that was such a good way of actually
meeting people there and so
actually we have something every year
which is a global alumni dinner
uh so in every city regardless of where
you are this happens around the same day
i think in october and so i actually
went to the one in china
so i met all the lakula nights there and
that was an amazing way to just meet
people and then
the final thing is depending on what
industry you're in um
you know you can just reach out to
people on linkedin and i've met
you know people from different classes
who graduated before me they've
been so so helpful and i think that's
only the captain touch upon but it's
obviously a huge community that's global
but it's also
still small and intimate and so people
really help you out um
and and obviously you you do that as
well um so
no it's it's been amazing for me at
least um so
so yeah that's been my returns we'll
give you the last word here i think
so i have like two examples which really
show how strong the community is
uh so i landed my summer internship uh
in an equity research
firm and the sector was oil and gas and
i had no idea about
how the sector works but i have a friend
i have a classmate who's from uh
colombia and who worked in the oil and
gas industry for seven eight years so i
showed him a text and said that hey you
know i need help i need a 101
on the oil and gas industry and he was
like yeah sure so we
fixed the time did a one and a half hour
coffee and he literally gave me like a
tutorial and he had like notes and stuff
so
i went into work a little prepped uh and
the second example is really funny but
uh i live in a two bed and my flatmate
was moving out and i desperately needed
a flatmate
and that time i see somebody post on the
lbs alumni group that her friend is
moving from another country to london
and is looking for a
flatmate in london so that's how i
landed my current flatmate and i think
there are so many examples like these
uh in my daily life that i reach out to
lbs people or where
i connect somebody else to them and help
them out so it's a
very strong community thank you so thank
you to all of our panelists uh
safran and arbita and pamela and as i
say to all of you out there
um you're going to see pamela she will
be a star next year when she's back on
campus she will all recognize her and be
waving and
just introduce yourself she doesn't know
who you are she doesn't know your face
but she'd be happy to know you
alex thank you uh for hosting this
uh for having us it's been a pleasure
and to all of you welcome to london
business school
back to you alex thank you so much
kathleen and just to echo your
thanks to pamela to siphon to our pitta
as well for all engaging with us so much
today
and obviously to all the previous guest
speakers that we've had
dean francois rumi chowdhury julian
birkenshaw christian dammit and to
everyone in the careers team
who has definitely made this day a
really engaging one for everyone
it's really been a blend of insights
into the faculty the classroom and the
career center
and a bit about how you fit into that
journey here at london business school
we're really excited to see you embark
on this lifelong journey with us i know
some of you have committed to that
already
so welcome to all of you who are on
board we really love getting to know you
through the recruitment and admissions
journey i'm definitely stealing
kathleen's line that there's no
admissions mistakes
um and hopefully you've all started
connecting through our social media
timelines and posts as well
and found each other there we'll
announce the competition winners
during the week on the meet platform so
just keep an eye on
on that and next week we're going to get
more insights into the student
experience as well
so xavier your question that kathleen
parks you'll definitely be able to
connect with sponsored students
next week for sure so we haven't
forgotten you but on friday 16th
and sunday 17th saturday 17th sorry our
student association
are putting on a fun-filled schedule for
you see to be a part of so it's going to
be a club's fair
there's going to be social breakouts and
it's going to end in a dj party so
i know you're going to have an excellent
day each day's got the same schedule
but they're at different times because
we want to span the world time zones
that you all live across
so please just pick the day that's going
to benefit you the most in terms of when
you have a free schedule so
whether that's friday or saturday you're
welcome to
enjoy i think that really brings us to
the end of our time
together today it's been a pleasure to
be able to guide you through and behalf
of all my
colleagues in the recruitment and
admissions team the career center
and of course our esteemed faculty we
can't wait to meet you at the beginning
of term
and i hope you enjoy the events next
week thank you very much
take care everyone bye thank you

---

### Early Careers Admits Event: Meet the Programme Office
URL: https://www.youtube.com/watch?v=4IZd36b1NLw

Idioma: en

okay
so i think we have enough people in the
room now so we're gonna get started now
so welcome everyone uh to this uh live
session today
uh which is going to be about your
upcoming uh program experience
at london business school for those of
you who i haven't met yet my name is
stephanie and i'm the recruitment and
admissions director
for the early career programs i've had
the pleasure of reading your
applications and i think i can say on
behalf of everyone at london business
school
we're really excited to be welcoming you
on campus uh in
august i'll be moderating today's
session which
is going to be focusing on your program
experience at london business school
and i'm excited today to welcome oliver
ashby and deborah fisher
they are program directors for all of
your programs
i'm going to let each of them introduce
themselves to talk about which programs
they oversee
and how their teams uh will support you
throughout your journey
at london business school so we're going
to start by
kicking off the session with some
valuable information
that you need to be aware of before you
start your program
but then we will be opening up for q a
so please use the the q
a function in in the zoom um to type in
your questions and then we'll make sure
we have a lot of time at the end
uh to answer any questions that we
haven't addressed uh in the opening of
the session
but i'm now going to hand over to uh
oliver to
to kick off the session over to you
ollie thanks stephanie
thanks steph um and welcome everyone uh
really nice to see you all this morning
and like we can see quite a few of you
have joined the call we might have a few
people join
as we go um i'm olly
oliver ashby but everyone calls me ollie
so when i see you next year
please feel free to call me ollie um i'm
i'm the program director for the mim
the gmim and the mam program uh
programs deborah's also joining us
as well from the mfa program i'm going
to let debra introduce herself
in a second i'm going to do my section
and talk a little bit about
the the mim at the gm and the mmm
programs
and then and deborah is going to
introduce herself afterwards um
we had a few objectives for you today
and we're not going to talk for too long
because we want to
make a a lot of space for your questions
so we can interact with you and find out
a bit a bit more about what's most
interesting and useful to you
so for you to know about this point um
but we did think it would be worthwhile
for us to give you a little
little insight into the curriculum and
some of our thoughts about
your upcoming uh program experience
uh we also wanted to introduce ourselves
and give you a sense of who we are so
um firstly i so i i've
recently rejoined the school um i
started back in january so i'm into my
third month now
after a seven year long extended uh
sabbatical
where i worked at the boston consulting
group so actually i started my career at
london business
school um or pretty much one of my first
jobs out of university
and i worked for a number of years in
recruitment admissions and i was lucky
enough to work with
with stephanie for a while before i left
uh and i i worked
across a number of programs and i think
one of the key things that happened in
the early days when i was here
is uh the mim program was launched and
it was one of the most exciting things
that happened in the school during my
time there and i was working
there for about six years before i left
i left for seven years and i mainly
spent a lot of my time recruiting
lbs students and i'm very very happy to
say that when i was at bcg i
we recruited a number of students across
all of our programs
including early career students one of
the great success stories in my
recruitment
experience at bcg and many fine friends
and colleagues now uh now working there
as consultants doing
doing very well um and um and that's one
one thing that i i one reason i stayed
very in touch
very much in touch with the school and
then in my latter career period at bcg
in the latter part of the seven years
i've i really focused on learning and
development um
and i i was in charge of creating the
training portfolio and executing it and
to some extent facilitating on some of
the sessions
for our consultants in the london
amsterdam and brussels offices
um as well as as well as doing uh
focusing on on the l d the curriculum
the experience design
i um my other specialty was coaching so
i did a lot of coaching
around careers for consultants uh and
and
also their experiences they were going
through as they were um
upskilling as consultants
and i've come back to lbs i'm i was
lucky enough to stay in touch with some
of my former colleagues
and i've always been very excited about
early career
students and programs i think the
programs that we offer and and deborah
and i are going to talk
a little bit about them this morning are
really there's nothing else like that
like this out here in terms of what um
what the school does
both in terms of the kind of content of
the curriculum but the blend of
experiential
um plus deep content and business acumen
really makes you a very con compelling
proposition to the marketplace
for careers and that's one thing i
really saw at bcg and i continue to see
and i'm really excited
actually funny enough this week i was
just working with one of our
mim students helping them out who was um
applying for bcg and
and and having a great deal of success
with that process so
it's great to see that carry on i should
say other consulting firms are available
it's just that i happen to work for one
of them so
uh no no bias towards particular firms
uh and so i'm really excited it's been
it's been a really interesting start
i've been learning a lot
the programme teams that you're all
gonna get to meet are fantastic
we're starting to open up school again
um
in light of their current covent
situation where we can do and where it's
safe
and it's really been lovely to see
students on campus and being able to
to meet more students and we're going to
see more and more um
opening over the coming months in
compliance with the government
restrictions of course
so that's my my little interest feel oh
i should say in my spare time in case
is of interest to you i spend most of my
time babysitting my nieces who are
delightful
slash exhausting in equal measure uh and
i also really love
crossfit and exercise and things like
that so i very much look forward to
meeting you to maybe having a chat
um when we're when we see you on campus
um do feel free to reach out it's really
only one of the reasons that we do these
jobs in the program and
and the staff team is we love students
well i came back to london business
school
is because i absolutely love working
with students in person and seeing you
so
please don't be strangers when we start
the program uh
and i i can't wait to meet you
um so with that in mind if i might
kindly ask
my colleague on the call to go on to the
next slide i think we can dive straight
into
the curriculum so we have some
infographics that i'm going to share
with you and
maybe we can go to the next one actually
as well that would be great
oh sorry yeah perfect thank you
excellent um
so here we have the um the the program
overview from this
this academic year so this is what the
students are currently going through
and um a few highlights here but as i
was mentioning one of the key features
of this program and it's evolved over
the years so the way
all of our programs work is we're
constantly reviewing constantly making
improvements every year
we take feedback from students from uh
from staff from faculty
and we're we're working very hard and
one of the things i've really enjoyed
doing since i started this role is
actually getting into the content of the
program um
and working on how we can evolve uh for
coming years and for your year that's
coming in next year
um so one of the so a few of the key
things that i would point out
on on the on the nim curriculum when we
start off with a pre program and so
you'll be getting information
around um around july early august on on
what
what modules you can take what online
learning you'll be getting
i really recommend engaging with this as
much as possible and investing the time
these programs are you know given their
very nature we
fit a lot into them so the head start
you can get it
is really helpful to you to make sure
that you you know you've done your
reading you're feeling
really ready to go and energized um
on day one and then following
orientation we move into your core
curriculum and and throughout the core
we're always again with our business
with them in program looking to build
that
that build and round out that that
business toolkit so all of these
different
disciplines that and lbs is fantastic
the school is amazing we have these
world-class professors
in all of these different disciplines uh
whether it be
finance whether it be marketing strategy
um
organizational behavior all coming
together to give you this wonderful
uh set of skills that you can take
forward and when i
when i've gone out and working in the
corporate world you really see the
benefits that that has especially as an
early career students in terms of
how rounded you are when you can't come
into those first roles
and then we punctuate these programs
with we punctuate the programs with
obviously the career services work we're
doing
i've talked already a little bit about
the importance of careers here and i
know you're doing career services
sessions
um but obviously we we recognize as a
school that you're trying to balance
um the competing uh priorities that you
have
and so what we do is try to work our
curriculum so you have things like a
career management
week and you're able to focus on your
your careers while you're doing your
core courses and we know that that kicks
off quite early
so you'll be doing that quite early and
working with career services quite early
on
and then the experiential part of the
program which is a real hallmark of
hitting everything that
we do at london business school is
getting you out there and getting you to
experience the real world business
and so we have these integrated modules
where we're working
working on actual live projects working
with each other getting getting hands
dirty that's one of the key things that
i think is
is essential in this program
um coupled with that then we have the
other experiential pieces aside from the
integrated modules
um which give you a real opportunity to
to work on these these these
um these projects work work with real
clients
and we have the london lab where you're
actually working on on
almost a consulting client project for a
particular client and that's where our
students are right now so they're doing
london lab
um really exciting we have an amazing
team who
put together these really exciting
opportunities for with
with clients that are as good as any of
the as good if not better actually and
more interesting in some cases than many
of the clients i saw in consulting
um giving you the opportunity to to like
have that real interaction which is
gearing you up
uh the other thing i would pick out is
obviously you have the elective
opportunities and the electives are
great because they
they give you the opportunity you've
been with your names your study groups
your counterparts throughout the program
but this you're getting the experience
of other different
students across london business school
and some with great deal of
seniority could go all the way up to our
sloan program and some of those have
20 or so plus years of experience one of
the things that we've loved about
introducing your early careers at
london business school and one thing i
was so impressed by from the outset the
program
is how much value there is for
reciprocal value in that
different experience and that elective
pieces that it's really great you know
that the more senior students really
appreciate
being able to see a different experience
level
uh a different set of things and
energies that um our early career
students bring to the table
and voice first you get the benefit of
having i've seen that work experience
and action that's coming back into the
classroom
so really really exciting opportunities
and that the electives get up give a lot
of diversity as well in terms of what
you can study so there's
over 60 choices um and options that
are of things that can be quite specific
or quite broad for you to build your
skills on so it's giving you that
optionality and hopefully throughout the
year what you're learning is
the areas where you really want to kind
of focus on
uh most clearly and then i should also
say we
we offer a number of skills skills
options throughout the program
um both both compulsory and optional
so the compulsory ones that we think
skills that we think
um like interpersonal or presentations
are key skills that you're going to need
in your career so we we think about that
a lot we think about you know what what
it is you're going to need going forward
um and and though those those are key
aspects of the program and are
continuing on now
i say for example and we have an
optional skills course
next week next week coming up going on
on on tableau which is something we know
that
employers are using a lot at the moment
and then lastly we have our virtual
global experiences which give people the
opportunity to have an experience in a
number of different
global environments again a hallmark of
what lbs styles which is just give this
really
international flavor and experience
i'm conscious i don't want to talk for
too too long this morning we want to
make
sure we leave plenty of time for
questions so and also i should say
this for any one question for anyone on
the on the gmim program
this this this infographic here very
much is this is the same display of the
first
year of the program there's there's no
difference in terms of how you run
through that and dates it's
the fudan piece separately and actually
if you have questions on that i would
say please do feel free to reach out
and i can give you an early sense of
what the fudan curriculum is which they
set
um but it's not set in stone so to speak
just yet
and so i might kindly ask if we can move
move on a slide
perfect thank you and then and then the
mam uh
again this is the the course from this
year uh
and a really exciting program one of the
things that i i've been involved so i
should say when i was working in
consulting i would often come back and
and help support review reviewers so
when we take input to like
um to build on these programs and to
make incremental
improvements over the years we often we
get an external people to say
and the questions they were asking me
and i remember coming to the both the
mem and the mam reviews and they were
saying look
in consulting olly what is it that the
consultants really need at the moment
what what do they need more of
and that's really crucial in digital and
some of the digital work that i was
i was doing so this curriculum has been
put together to give
a real um strong kind of analytical
powerhouse to
to um to our students as they go through
the journey
some elements of this is similar so i'm
not gonna for the sake of time i'm not
gonna reha
speak over what i already said so
electives the same
um the business um the skills courses
pieces also
also similar to the to the mim and um
and then
the cape tower then sorry the all of the
virtual global experiences as well
i think one of the key elements that i
would pick out is um
is up with the is is that we we offer a
number of different features in this
with co
from coding to data science and but also
rounding out your
your business skills as well so thinking
about performing
organizations and putting that together
and that's one thing that i think is
really important with this curriculum
for me which is what i
what i tended to find in my career is
people in an early career stage were
either coming from a very strong
analytics background
or a very strong business background but
there weren't a lot of people that are
able to marry those two things and have
a real
deep understanding um to bridge that gap
so to speak and that that's what i think
this curriculum is is super interesting
and what it can offer is this bridge
and as you'll see you'll see lots of
different options um
both in terms of the coding that we
offer so we're teaching in
in r but we author um there's also
python
um that we will actively teach you in
the call
and then we apply that to machine
learning finance
and some of these business disciplines
so you see it play out in action
again there's some pre-learning as well
uh specifically on the master analytics
always
i would always flag do do take the time
um to invest in the pre-work because um
it really helps you kind of gear up for
for a busy first term
um i'm conscious i've talked for
quite a long time um and
and i'd like to hand over to deborah the
last thing perhaps to bridge over to
deborah i'd say is
is is um the really nice thing and why
deborah and i are speaking on the call
this morning together is
is we're early careers we work together
very closely
you as students will interact a lot both
socially
and in various different aspects of the
program
um uh on the mfa and and the
and the mim and the mam so i it's great
to be able to speak to you together and
you know
looking forward to your mixing uh quite
quite a lot on the program
so at this point um i'll hand over to
deborah
thanks ali um so
just to introduce myself i am
and delighted to be here with you all
today um i won't repeat a lot of what
ali's
said that we have in common with our two
programs but
i would just like to give you a bit of
background about myself
and then i'll take you through the
curriculum that you see in front of you
so um well without giving you a full
uh overview of my my career history i
will just mention that i did
start my career in the field of finance
and so i completed my undergraduate
in finance undergraduate degree in
finance and economics
and my first couple of roles were in the
financial services field
and i also completed my level one and
level two
of my chartered financial analysts
qualification
after which i discovered quite by chance
how much
i loved working in a learning and
development
environment and and my career took me
in that trajectory outside of financial
services
where i was able to uh work at business
school previously
and but also more recently spend about
10 years in
senior talent and learning and
development roles across
both top-tier legal firms professional
services
and financial institutions including
both investment banking
and asset management and a short stint
also in private equity
i joined london business school about 18
months ago
i spent almost a year in
the executive education side of the
school where i was program director
for open programs for all our finance
programs
and i moved into this current role as
program director for the
mfa program in october last year
so i think what really resonated with me
about
ollie's uh experience and
uh wanting to be in this role is
is is very common for me as well which
is that
we love working with students and this
is really where our passion lies is in
working with you
um and in doing our best work to
to deliver a fantastic learning
experience
for you at a you know world-class
institution such as london business
school
so that's just a little bit about me and
please connect with me on linkedin but
we'll certainly get to know each other
a lot better from august onwards
um i'll just briefly talk through the
curriculum
of course you're probably quite familiar
with
um the high level overview of the
curriculum
and having applied for the program but
this is really what our current students
are experiencing on the mfa and
there's some similarities of course with
the other early careers programs
that being your global experiences which
you see there in orange
which take place during the um summer
terms
um and our core courses as well
which are quite different to um
some of the the other early career
programs so what would i like to
highlight here
well just that as you know the program
really is a very strong mix between
your kind of strong technical finance
skills
and and state-of-the-art financial tools
which you'll learn throughout this
program
um as well as an overarching global
business understanding
and together with that kind of
theoretical and academic background
you will learn an enormous amount about
practical real world business
and and we give you that exposure in a
variety of different ways
both to the theoretical and the
practical
so um your core courses are
highlighted there in and i'm sure you're
all familiar with it off
the website throughout your application
process they're in the light blue
um you know we're very um focused on
delivering the core courses which form
the back
bone obviously of your degree they
really sit at the heart of your program
experience in the mfa
um but in addition to those core courses
around corporate finance financial
institutions
and all those various topics that you
see listed there we have a very strong
focus on delivering those
through not just uh lectures and
and sessions with faculty but also a
strong focus on practical application
so you'll see throughout your core
courses that they're
interspersed with practical workshops
you'll learn how to
and work with various digital tools like
python
and you will have exposure to industry
practitioners
who will bring that level of business
exposure and experience
into the classroom we'll have guest
speakers as well
and it really is a very rich and diverse
experience
through through the curriculum and
in addition to the core courses you can
see on that
slide that we've got there we have much
like the other early careers program
we kick off with a number of
pre-programmed preparatory courses which
we strongly recommend
that you complete and as quickly as
possible and those will really set you
in good stead
for your foundations and of course then
for your core courses and
your entire mfa journey so
those are are really around technical
tools
and skills around finance accounting
depending on what your background is
will depend on
the depth that you may need to delve
into those pre-programmed elements
but we also have a data camp we have um
various skills offerings
around digital skills um and of course
since we are really preparing you
effectively to enter the world of work
and
we have a really strong focus as ali
mentioned
in the other early careers programs on
developing your personal and
professional skills
so we have an entire portfolio and
throughout the
three terms of your core program that
will deliver
those uh personal and professional
skills from presentation skills
to personal branding and and various
other elements of
bringing your best self forward both in
a personal and professional environment
we also have business and technical
skills which are delivered throughout
the program
and but you can see based on the
snapshot here that there's certain times
that are busier than others so and one
of the things that we do as a program
officers we help to support you
throughout those busy times
and we help you to manage that balance
between your academic curriculum whilst
you're also many of you will be looking
for jobs
and various other elements of your of
your journey across the 12
or 16 months if you extend uh to
include the fourth term that you will
spend with us
and other notable things just to mention
here around the curriculum
and something which i'm sure many of you
are looking forward to
is the london business challenge week so
that's
a five day very intensive week that our
students work in groups
with a real client company and typically
based in the city of london
um and you'll be able to apply your
various existing marketing
and sector knowledge as well as the
knowledge that you've gained up to that
point on the program
to develop some some really strong
strategic insight
and recommendations for a real company
challenge
that is put forward to you by one of
these organizations that we work with
and we get exceptional feedback about
those um that business challenge week
and we think you'll find that a really
rich learning experience in terms of
enhancing your
your knowledge around um the world of
work
and working um with real
client companies on the ground as alia
mentioned as well we have our global
immersion field trips so what we call
our gifts
um with various destinations we do those
in a mix with the other early career
students so it's a wonderful opportunity
for you to experience a different
culture different market
different industry by um attending a
themed gift so i'll give soul themed
we won't go into that detail right now
but
needless to say a very um exciting and
much anticipated part
of the learning journey i think just to
mention with the elective so
as you might know you'll get a choice of
a range of electives
in the mfa program what is really
valuable about the electives is that
they span
a portfolio of courses from various
subject areas
not just finance although you'll see
there is a concentration of
finance and accounting and economics
electives but we also put in that
portfolio management science and
operations electives
strategy and entrepreneurship electives
as well to give you
that breadth and depth of experience and
what's
wonderful about our electives and this
goes for all early career students
is that they give you the chance to
learn alongside
students from other programs so you'll
be in the room
when you attend your elective courses
with students from
our leadership program so our sloans our
embers
as well as our mid-career programs our
masters and finance and mba students
i'm i'm not going to talk any more about
the curriculum of course feel free to
ask questions in the q
a and if i could go
to the next slide please it's really
just a title slide
i thought i would talk a little bit
about olly and my role
as program directors and the role of our
teams
and our teams are called the program
office
and and we really play we hope we play
an important role in your and your time
with us
at lbs we really are here overall to
support your learning journey and your
experience
from the time you enter the school as an
admit
to the time you transition to an alumni
and beyond we hope to as we do with most
of our students stay in touch with you
well beyond whilst you're um and alumni
and forge those deep relations
we're really your main point of contact
during the program
and our team and ourselves will ensure
that we help uh
to deliver an outstanding learning and
academic experience
but we are also certainly uh very much
committed
to ensuring that we provide a high level
of
pastoral care to you whilst you're at
the school
and together with your class reps and
you will vote in a number of reps in
your different programs
you'll have academic reps you'll have
well-being reps
social reps career reps and the program
office works
really closely with those reps to
deliver certain elements of the program
to ensure your voice is heard to ensure
we capture your feedback and that we
constantly keep
lines of communication open throughout
the program
i could go into a very very long list of
what we
um deliver but just a couple of things
to highlight
so as program directors and
i guess ollie and i are our key kind of
focus and in and amongst many other
things that we we do look at as the
program directors
i'd say our key overarching focus is to
have overall direction and
responsibility
for the program delivery and within that
we work
very closely with an academic director
so each program has an
academic director who's a faculty member
who works with us jointly to determine
the program's strategy
and curriculum and to maintain that and
constantly evolve and improve that
and we ensure um overall
school regulations and policy are
followed and together with our teams
and we ensure that scheduling is
is effective for the program we ensure
that
student events take place so we don't
just look after your
academic journey as i said we look after
your pastoral care but we also make sure
that
you have a really um thriving social
life perhaps or
many opportunities to network and attend
great events
and through the program office but
you'll have
many um other areas where you can
interact across the school
uh ali will we'll talk a little bit
about some of those in a minute
um and uh yeah i mean i guess
without going into any more detail on
that as i say
we are really just here to make sure
that
your experience on the program is a
positive and successful
one we are absolutely committed to
ensuring your academic success and we're
here to guide you through
through your journey so with that i will
hand back to ali very briefly before we
turn to questions
just to talk a tiny bit about some
additional student support and resources
that we have available for you
thanks debra um if we could go to the
next slide please
i'm going to be thank you i'm going to
be quite brief on this one
in a sense that we just wanted to share
that
as well as um what we've been talking
about with regards to program office
and a number of the different teams that
we you have met or heard from for
example career services
um there's a lot of support and
resources available as you go throughout
your
as you go through your student
experience i mean deborah just talks
about the program office
obviously they're typically going to be
your first point of contact in most
cases
um and you'll have managers that you
reach out to and
and be interacting with us quite
frequently throughout your program
there's another another there's a number
of different important areas to bear in
mind that are available to you
one thing that has been very important
to us and very important to the school
is is is your well-being um both
physically and mentally but
um we have a number of counselors uh
in the school that are available to
students we have a dedicated well-being
team
who help support deborah and i where
when students encounter difficulties
around
and mental health as well as that there
are a number of resources
available at the school to help us all
kind of continue with our
to keep up our long-term um uh
positive mental health um the library
is online services available and hard
copy books
uh the the library is is available to
you 24 7
24 7 online and and it has quite
extensive opening hours as well it's
quite commonplace for students to work
during term time
through our canvas platform that you'll
be receiving more information about
shortly in the next few weeks and
there's a number of different online
learning modules available to you both
directly related to your program and and
outside
i think you're already probably going to
be speaking with the career center so
i'm not going to go into this in too
much detail but
career the career center is is
i've worked with them extensively over
the years and i just think what they
offer is fantastic and when i think of
the the step up that they give um early
career students when it comes to
these recruiting uh their recruiting
cycles is really quite fantastic and
particularly specific support
uh and coaching uh depending on what
your career journey looks like
we have a financial aid and visa office
as well um who will be available
throughout
you many of you may have been in touch
with them but that support continues as
you go through
a big part of this number of you're
going to get involved in our student
association who organize some of the
major events that take place on campus
tattoo and sundown is the great thing
that we've seen in the ease of
government restrictions this week
is the reintroduction of sundowners um
albeit in a slightly
uh 2021 uh way of doing things for the
moment which is
in terms of numbers and how it's managed
um and we'll continue
are we looking forward to seeing that
evolve and open up again
uh the incredible conferences and guest
speakers that um
we have on the classes i mean i close
prize for both mfa
name and jimin but noticed on the other
day just on on a random day
um in one of the macroeconomics classes
for early career students they um
they had a guest lecture from the uh
governor governor of the bank of england
who
who is very busy at the moment i imagine
with with like post code
reintroduction just in a class so i mean
there's there's the
incredible um speakers that you'll see
in the classes but also outside
that the school brings that you have
course have access to
i mentioned student association but
again sort of the student-led events and
club tracks and even
you know during covid um that they're
currently exploring like
at making the most of the uk and
obviously one of the things is everyone
tends to stay in the london bubble but
i'm from i'm a proud devonian i come
from the southwest of the uk so i'm
very much encouraging those people to go
out and see some of the beautiful sights
and experiences that you can have across
the uk
but i'm conscious that we've talked a
lot and i'm very enthusiastic so i
definitely overshot my section
um and uh and so i apologize to deborah
because i probably
talked to you too much at the beginning
i think let's let's definitely use the
rest of your time we'd love to answer
some of your questions
great thanks ollie and thanks debra for
giving this a
great overview of the program i think
everyone is now super excited to start
their
learning experience at london business
school
so we've had a lot of questions already
keep typing them we'll see how many we
can get through today
uh for the ones that we can't get
through feel free to contact your
regional managers
and we'll of course liaise between uh
ollie and deborah
and get back to you on those questions
um but let's go back to the very
beginning or even
before the beginning of the program i
think all you talked a little bit about
pre-program courses
um when will they be launched to the
students
are they mandatory can you talk a little
bit about uh
those courses
so look it's difficult to when it
becomes
online to say things are totally
mandatory but um we
i mean there are elements that are
mandatory elements
that are that we we put out and we
suggest everyone does
but um you definitely as we start to
bring out more information because
there's lots of different elements to
the pre-pre-course you know
in different subjects so i would say
it's word case
we'll be sending out in the next few
weeks we'll start we start off as we get
to
um around june time giving you
information about our canvas platform so
canvas is kind of
what you'll be used to on the program
which is where we we store a lot of the
program content and information
we start gearing you up for that and
then um
july sort of the latest time you'll get
access and a lot of specific dates
um we still we review our uh pre-course
materials every year to make sure that
they're up-to-date they're right
and that what we want to give you and
that they're like super relevant for
what you're about to start to do
and so that process would mean that
typically by july
um and some elements early august at the
latest uh you'll have access but
if those of you are wondering why you
know why not now well that's because
one of the most important things we need
to do is learn from the students who are
going through the program at the moment
and and iterate those to make sure that
we're
um any updates that we made to the
programs also carry through into the
pre-programme
but also that you're you're making the
best use of that time before you start
great thank you and so when students
have completed their pre-program
courses uh orientation will be the next
will be the start of the program so
again just so everyone is aware
when is orientation for all the early
career programs
does everyone have to be ready for their
full-time study
on that date and what happens in the in
sort of the first week
of each of your programs
so i'll answer that steph so um
orientation
will typically kick off in the
i think this year on the 31st of august
um
so you need to be you need to be ready
for that um
and in terms of what orientation
typically looks like
um there will be various there'll be
various addresses
from uh leaders across the school
and we're working very hard to ensure
that we
um can hold a what we normally do is
a and what we call a experiential day
and we're working very hard to ensure
that that can still be held
in safely and in line with any existing
restrictions that might be in place at
that time
and there will definitely be
sessions by the program office so we'll
help you to really understand what's
required
going forward in the program so you'll
get
a lot more detail around drilling down
into the program
things like um your assessments and how
assessments
and grading work on the the program and
you'll get a very very clear
understanding of that we answer you know
all the questions we we know um from
past students that we
we need to answer that you um that you
will
expect to know before you really hit the
ground running
with your and with your your day-to-day
kind of sessions and lectures and
there'll be
briefings and sessions from other teams
throughout the school
um which we will include in that week
and and we'll have some guest speaker
sessions as well
to really um invigorate you and
get you even more excited about the
program
so orientation is really a good time to
come together as a cohort
and also get to know one another you'll
be spending a lot of time together
so we use that week as an opportunity as
well
to um allow you to do some real
networking and
activity together as a full cohort
great uh and each of you have shared the
obviously the curriculum for all the the
four programs
but we have a question here on on how
many days a week
uh an early career students normally
have classes like
what does a a day look like what does a
week look like
for our students so it
really it depends on on the program and
it depends which term you're looking at
so it's very difficult
and possible to say this is a typical
week you can see from those curriculums
how diverse
um each term is some terms uh
let's take the mfa for in as an example
we will only be doing our electives in
the spring and summer term so whilst in
the autumn term you won't be taking it
taking any electives it's still an
incredibly busy term because
you'll be doing a number of your skill
sessions you'll be
completing what we call foundations
which is a mandatory element that kicks
off immediately after orientation
and building some key and critical
skills that you need around
programming professional skills so the
autumn term is incredibly busy
but not because you have electives it's
because of foundations
and the summer and spring terms are busy
because you have electors but again
that depends on you as a student and
which electives and which streams you
choose
some students i was chatting to a
student yesterday who said
well he's taken on a lot this summer
term um because they have two core
courses
there are um global virtual global
experiences taking place this term
and just in terms of the electives that
he really wanted to do
he's taken on all three electives in
this summer term as well
so he's busy we consult with you and we
help you
to manage your time so you know we'll
flag as the program office where
um it is the student's responsibility to
manage your own timetable in your own
time
but we can help flag and advise you on
how to keep your your timing and your
timetable optimal
and so you don't have clashes but um
i it is very difficult to say if i had
to give
one kind of generic um example of a week
you would probably attend
four or five lectures a week so you're
unlikely
other than in your if you're doing a
block week elective or if you're on
london business challenge week or
perhaps london lab
or if you're on a gift obviously which
is continuous for a number of days
you probably will have one day a week
that is
entirely free and by free i mean you
won't have any actual sessions to attend
and but i'm sure you'll have assignments
ongoing and exams to study for
so i know that's not a very conclusive
and directive answer but unfortunately
there isn't one
and and i hope that just gives you some
idea
of of what what a week might look like
never mind all the social activities
you'll have to fill
into your calendar and all your career
activities as well and interviews and
um all of that so you'll be busy
yeah i think we can we can say with
confidence that it is a full-time
full-on program and everyone should be
uh
prepared to uh to really commit to that
um it's busy at london business school
but great
um so we've had a couple of questions on
on london lab
um and i guess sort of the difference
between the integrated models and and
and london lab and whether and also
elective so how
do the three sort of components uh
differ
and when do students sign up for them
um so both on the elective portfolio
london lab and integrated models
you'll have to keep me honest here both
i'm happy to say this one deborah if
that's okay
i i i i'm jumping i'm keep me honest
because i could talk for about half an
hour about this
quite exciting um so uh i think so we
had
london lab we had integrated modules and
we had electives okay
so maybe i can start off by saying and
actually i was involved in the review
when they when i was telling
when i was working in consulting they
brought me into the review
and and that was one of the key features
that we were asking about this was a
couple of years ago as they were
building them and then
iterated them so london lab is
essentially you work with teams
on a up for a real client and that's
what what's going on right now in the
sort of latter part of the term
so what's happening is you're working
with a particular study group
and you do essentially a number of
different clients so some of the clients
that they're working for are
things like parents department store um
a number of different uh tech tech
companies that i can't name for
proprietary reasons outside of the
program
and big industry companies you can see
the kind of list on on the website
um and a number of different projects
and you're doing basically a real
consulting project
for those clients and all of the
experience that entails so it
really is whatever you're doing even if
you're going into finance you know
invariably the world of
consulting and running project
management it's going to be applicable
to pretty much any job you do
and this kind of working with clients
understanding the client management
piece is
absolutely key in london lab and that's
one of the things i see the big skills
in
is translating all this and amazing
learning to how to interact with
the stakeholder being the client how to
manage the client
super important skills that's learning
lab
the slight difference with the into the
integrated module is
um what we were trying to do is so you
come on to these programs and we teach
you all of these amazing things
all of these different disciplines and
and
and and weaving that all together um
we use these week-long projects called
integrated modules to bring together all
of the kind of
concepts tools frameworks that you use
in your different elements of the core
in a practical and applied format so
that's typically working with with
faculty to
on a specific project then that sort of
goes on to culminate
and you eventually build on all of those
skills with london lab
and so typically the faculty will give
you a project in those integrated module
weeks where you're applying all of those
learnings together in a team
so when you get to the london lab you're
working with the client externally
you're you'll have that chance to really
deploy those in the real world
um was there another one that i've
missed
so it was london lab
yeah there's just on the electives and
whether you could talk a little about
that they don't necessarily clash and
you can do both
no clashing so london lab takes place in
the in the back end of the year so
that's when most people are doing a lot
of their electives like in
so you can start doing electives in i
think it's from what we called
from term to be from spring onwards and
you're able to balance your electives
with the requirements at that point
because the cause finished the cause
that the real busy and
to deborah's point is what's like
filling up the calendar a lot electives
can be taken either a block week format
or a modular format and basically what
that means is that
you might be able to do an elective in a
full week if it fits with your schedule
or you can do it in a modular format um
but um
often the electives are run a number of
different times so we have this thing
called an
ad drop and i won't burden you with too
much like
um jargon before you get in but
basically
you have several opportunities
throughout the program to pick up
electives
and drop drop electives decision making
points and as you shape your curriculum
you'll be able to see when you'll have
time
and what electives will fit but often
particularly very popular electives
are run in a number of iterations i mean
some electives
have even sort of nine ten different uh
opportunities to take them so
there's different times and that's how
you work around because of that
flexibility
right thanks oli um we have a question
here that i think is really
important to address and while we don't
have a crystal ball
and we don't control government
regulations
what can you say about how the school is
running at the moment and how are we
preparing
for the august start in terms of online
versus hybrid
versus face-to-face delivery
yeah so on hybrid maybe i can i can kick
off on on the hybrid so i think
as i'm sure everyone on the call can
recognize um
we're we're talking about these things
every day it's really important part of
our planning from the school
both in terms of the students that are
on the programs now as we're starting to
open up again
and i think um we're really pleased with
how things are kind of starting to come
back online and
what the government's allowing us to do
now um in terms of
uh both socially and you can see it like
everyone's it's not we're in a nice
place thing
in a sense that things are starting to
open up um
across the country we're also planning
sort of
almost daily on what how we approach
next year
i think the one thing that we we have to
be mindful of is
is being inclusive of of students and
who can join when we get to that period
and i guess
the unknown that we have to scenario
plan for and understand is that
is that it's possible that students um
aren't able for travel restriction
reasons
to be in the uk for the start of the
program so
we're dealing with the implications of
that again
unfortunately it's to your point
stephanie we don't have a crystal ball
so we we we approach with the principle
that
we have to make sure that we can make
allowances in our hybrid learning model
um for students being able to to be
hybrid
essentially learn virtually um uh ju
in case because as we just don't know
what's gonna what the what the world is
gonna look like
in august and one thing i would say a
message of positivity that i was blown
away by when i joined the school and i
was in
the london lab kickoff last week i think
the hybrid kit and technology at the
school is is the
is among the very best out there it's
way beyond anything i was doing in my
former employer in terms of and they
thought they were very cutting edge i
think that the hybrid lecture theaters
are fantastic so
so those model we're reassured by the
fact that we have those models
um so what we're saying at the moment
with with hybrid is
is that we're preparing for a world
obviously
ideally the ideal is always to have like
in person where possible
um but we have to prepare for a world
that we need to be inclusive for all of
our students and some people
may there may be travel restrictions in
place when we start the program
regardless i guess of how the program is
is delivered
what kind of advice would you give to uh
admits now they still have
you know a good couple of months before
the program starts what can they use
these months for
effectively to to get the best start
from august
i mean i i can i i'm off mute so i can
carry on but i
i don't know debra feel free to jump in
so i think obviously we've got the
pre-course programs but we don't want to
like inundate you
right the way through so so you know we
we send them out
to give you some chance to um to kind of
upskill a little bit before the program
i think um i know that every all of you
are networking with each other you're
speaking with each other it's great to
be able to do that
um i think what what the key things that
i would say is
is um is thinker is i mean for me like
i'll give my thoughts on this and then
maybe i can take debris
i think and this is this is going to
sound like a bit of a coaching answer
but
as someone who does a lot of coaching i
think or did a lot of coaching i'd say
it's worth having a bit of
self-reflection and thinking about what
your goals are
and pragmatically like what what you
would like to get out of the program
anything is the detail you'll have
plenty of time and to get into the
detail of the program and the core that
you're learning
but it's really sort of ask your your
questions that what are important to you
and your career what's important to you
from your learning
and you know do your homework as you
many may well have
done to see what's out there what's
available to you
and talk with colleagues here other
people i think the other what
what the one game changing thing that
i've always felt a lot of business
school
is that you know and as admits you're
already talking to each other
is that um the network is incredible i
know it's why i came back and it's
it's it's just not just for getting jobs
but for just
experiencing other people and from very
diverse locations all of you i'm sure on
this call i can't see your faces but
from all kinds of different countries
and backgrounds and just
actually i think the value of getting to
know each other
as you get onto the program and making
some contacts before you start
i just starting to get a feel for what
different kind of people
are doing what different um what
different
jobs that they're focused on what their
interests are what their backgrounds
because it helps you relate it back to
your experience and where you'll go
sorry that's slightly an expansive
answer and the second thing i'll just
say is bear in mind you know
career the career piece can kick off
quite quickly so
i would say we will have lots of support
for you but it's worth just getting to
having a think about and like because
the career service team the early things
that they'll work with you only you're
getting your cv together getting prepped
for interviews this kind of thing
it's worth having a bit of pre-thinking
about about doing that how how do you
lay out your cv
what are the highlights you want to
drive your experience what do you want
to take from your experience today
your academics and maybe internships
work experience you've done
leadership examples marry that with what
we're offering on the program contact to
make you a really compelling
future your your future uh career
sort of when you get into the
recruitment system what's that
compelling value proposition that you're
putting forward to employers
those are my thoughts but um feel very
free to hear others
absolutely ali so i echo that exactly
what i would have said
is be very clear and take the time to
reflect
on what are your objectives for coming
to london business school of course you
want to get a degree and
that's your primary objective but
there's so much more that the school can
offer you
so you know take some time to reflect on
what does success look like for you
and not just academic success but what
are those elements you want to leverage
from your experience at the school be it
through
networking the career resources that are
available to you
and and how that might look like
in the year you're at the school so what
might be those milestones at what time
that you've set for yourself the little
goals that tell you that you've achieved
um a certain area of your life
and learning journey that you wanted to
achieve and that might be something as
simple as
completing all your core courses
successfully the first time but
it could also be about the networks that
you build and
and keep a very open mind and
particularly around
engaging with the different resources
that are available to you
from the career center so some of you
might have a very clear view on
what area you want to move into post
your degree but i'd really encourage you
to start
exploring and what others are doing in
that field
and because there's so there's so much
diversity
and that's available to you in various
industries and
so yes i i am absolutely reflect
um and echo what what ollie said as well
and maybe just take a little bit of time
out it's going to be
a very very intense 12 months so
you know to take the time to to ready
yourself for that
as well um and i would the last thing
because i'm rambling a bit here but
that's success what does your success
look like a core
part of that success is your
well-being so make sure that you define
before you come
and what are your key elements to
maintain your own well-being and how
will you recognize that what are the
things you're going to put in place
to ensure that you're able to keep
yourself healthy and well
mentally physically and and and
and put those things in place before you
come
and we're here to support you like we've
said earlier we've got
many resources to support you in your
academic and um
and your your entire journey but um i
think if you
aren't defining what that looks like for
you personally
and it will become it will be more
difficult so
yeah that's it right we have a lot of
questions here about
uh the the career center networking
presentations
internships and and the likes and i
think we we have to park those and
and address those to our career center
who are who are the the people that will
be working
with uh the students on that
specifically i think we have time for
maybe one more question um
and only you mentioned sundowners in the
in the beginning
uh and i think it's a good question to
perhaps end on because it's such an
integral part of
of the london business school experience
for for students
uh for staff and alumni as well can you
tell us a bit about what is sundowners
how is it happening at the moment and
what's the value of it
it's terrible i i did that thing which i
think i've always thought when other
people do this and be like i just
assumed that people would know what this
is
um so it's a fairly institutional thing
it was i think it was famously invented
in the 90s by a student like an mba
student back in the day
and essentially it was drinks at london
business school but like networking
drinks
uh from uh for everyone everyone's super
inclusive everyone's invited whoever you
are if you're involved at london
business school you're allowed to show
up
on a on a thursday night have some
drinks have a chat
and it involved into this sort of weekly
kind of social touch point from the
school
and like it's really lovely lovely
um atmosphere um on campus
i mean everyone's excited to see it come
back you know and
you know we don't know what's gonna
happen with the social uh restrictions
but
you know it's it's predominantly outside
so we're confident that it will be back
to its perhaps not how it always has
been it's always been subject to change
for various reasons
but it's it's really an opportunity for
everyone to get to know each other it's
the sort of lifeblood of
the campus and even now you know it's
even going on in a very restricted way
now obviously with government
restrictions so we're doing sundowners
in small groups
um the essay has done a great job of
putting this together getting people the
opportunity to get out and about so
even now and the restrictions we have
sundowners has not
is not gone it's it's still there but um
and it also just being in the school and
and and
taking in uh that you know on the front
lawn it was it was typically there
um and it yeah it's it's sort of
synonymous and famous within the school
during term time
and one thing i would say is is is you
know i think
it's i i wanna the thing that i love the
most about lbs i think it's probably the
level of inclusivity
when i was there before and after and
you know for example yes it's normally a
drinks event but i don't drink and i
always loved going i
still love going and i don't drink and
have an amazing time there's often a
student band playing
um so it doesn't really matter what your
interests are what your activities it's
just a couple of hours
every week we can all switch off and go
and meet some random people that we
haven't met before and it's it's always
fun
um and that's that's the lbs experience
right not meeting random people but but
just meeting people from all over
people like the idea is that i don't
just go there and talk to all of my
mates is that it's an
opportunity to meet lots of other
different people it's a great networking
uh experience and it's such a big part
of of the london business school
experience i hope you all get to
experience it
uh very soon so we've we've run out of
time uh thank you so much for all your
questions
for the ones that we didn't get a chance
to answer feel free to email your
regional managers
post the questions and meet and we will
liaise with the right people and and get
back to you on
on the questions but i'd like to just
thank uh ollie and debra so much
you are both incredibly busy we know um
working with
many hundreds of current students so
thank you so much for taking the time to
answer
incoming uh student questions uh and i
think on behalf of all three of us we
really look forward to meeting you all
um at london business school in august
so thank you so much for joining us
today
thank you and thanks everyone for
everyone for joining
yep we can't wait to see you yeah

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