Graduates of the inaugural class (who completed the program in July 2010) of the one-year Masters in Management offered by the London Business School (LBS) reported an impressive 95 percent employment rate within three months of graduation.
72 percent of the class was placed through the School Community and the initiatives undertaken at the School, such as Career Week, Business Immersion Week and Professional Club activity. 85 percent of those reporting employment moved to a new job, while 5 percent embarked on their own entrepreneurial ventures immediately after graduation.
According to the Employment Report published by LBS, consulting emerged as the most popular sector with 40 percent of students opting for positions therein; this was closely followed by Finance (36 percent) within which investment banking proved to be the greatest draw.
The average salary of MiM graduates from London Business School was reported at £35,500, which exceeds the average graduate salary released by the Association of Graduate Recruiters by approximately £10,000.
The Masters in Management was launched by the School in the fall of 2009 as a one-year program for those who have completed their undergraduate degree and have less than a year of fulltime work experience, but who are keen to build a strong foundation for a career in business. It is strongly international in composition, with almost 90% of the present class of 2011 being students from overseas.
The fulltime MBA at LBS, on the other hand, is one of the very few two-year MBA programs offered in Europe.