In our earlier posts about the Fellowship programs for senior citizens, we discussed about the MIT SLOAN Fellows Program and the Stanford MSx programs, both based in the USA. Across the Atlantic Ocean is the Brit version of the program (We almost wrote European version. Brexit, eh!), the LBS Sloan Masters in Leadership and Strategy. At a stone’s throw from the legendary Lord’s Stadium and nestled near the picture perfect Regent’s Garden, The London Business School will provide you with the best living area to bring your family over. They also have their own Windsor Castle – a next-door pub, where the Fellows can bond over drinks and create business strategies.
About LBS Sloan Fellows Program: This is a full time 12-month program leading to an MSc degree in Leadership and Strategy. The program is designed for senior managers and entrepreneurs with significant managerial experience who wish to study with candidates with similar level of work experience and age. The LBS Sloan program begins in January and ends in December.
Class profile: The class has approximately 64 students. Of these 84% are internationals and represent over 24 nationalities. 22% of these are women. The students have an average of 18 years of work experience, while the total range for work experience is between 14 years and 30 years. About half the class worked in general management function prior to MBA while the most represented industries are finance and manufacturing.
The Curriculum: The LBS Sloan fellows program curriculum is built to strengthen three basic areas:
Leadership: the program equips students to lead as top executives through several courses on leadership.
Strategy: It prepares them to make strategic decisions through courses on strategy
Business fundamentals: It strengthens business fundamentals by imparting knowledge on core business functions such as finance, accounting, marketing and operations.
The Sloan Fellows take 10 core courses through the program. In terms two and three that run from April to December, the Fellows take between 5 and 8 electives from a menu of 65 electives. The Global Business Assignment gives the Fellows an opportunity to embark on a week long travel to one of the 5 destinations- Dubai, Athens, Buenos Aires, Mexico City or San Francisco, to learn about business in a new economy as part of a faculty led course.
Application Material:
Essay questions:
1. How will the Sloan Leadership and Strategy degree enhance your immediate and ultimate professional and personal objectives: (500 words)
2. Describe the hardest professional decision you have made and its impact on the situation, any teams involved and on yourself (500 words)
3. Drawing on your experience in your function and/or sector please give your opinion on question (a) or b) (300 words)
a) Will increasing regulation really mitigate risk? Do you think that this is desirable?
b) What do you see as the key issues for the next 5 years in your sector and/or region?
Optional Statement: What question would you most like to be asked, and why? (200 words max)
Organization chart: Supply a chart which clearly shows your position in your organisation. This will help the Admissions Committee understand reporting relationships and team structures.
Letters of recommendations: Submit one recommendation at the time of applying, preferably from a current or previous supervisor. The second recommendation can be from a colleague or someone who knows you well in a professional capacity. The second recommendation can be submitted once the candidacy decision is made.
Resume: submit a resume one page long ONLY. Address any gaps in your professional history in the optional essay
GMAT /GRE: LBS has eased a big burden from the applicants’ shoulders by allowing them to provide their GMAT/GRE scores after submitting the rest of their application which includes the essays, resume transcripts, and recommendations. They can submit a GRE, GMAT or an EA(executive assessment) score. The EA, conducted by GMAC is a shorter test designed for eMBA applicants and requires only 2-3 days of preparation.
These tests could also be waived in exceptional cases, if the adcom finds that the applicants already have a high level of analytical or quantitative ability gained through their professional experiences or a prior training. [b]Typical candidates who get waivers are CXOs, Managing Directors, division heads, or treasurers, Chief Accountants and CFAs
TOEFL: can be waived for applicants who have worked in an English speaking country for a substantial period or have studied in English at the degree level.
Application Fee: for the LBS Sloan Fellows program application is £160. Candidates are eligible for fee waivers if they are recommended by an LBS alumnus.
Deadlines:
Last deadline for international students: July 25th, 2018
Interview is by invitation. Applicants living in London are asked to come on campus to interview