MSc International Management Combining theory and practice for a strong foundation in general management, with an international focus and direct global experience from LSE and a partner business school abroad.
Welcome to the Department of Management The Department offers an undergraduate degree (BSc Management), a portfolio of 9 Master s degrees, and an outstanding PhD programme. An academic community within LSE The Department of Management is a fullyintegrated academic unit within a worldleading social science university, ranked #2 in the world in this field (QS World University Rankings 2014/15). As such, it is a core part of LSE s academic community, and develops and delivers the School s degree programmes in the field of management, as well as being the centre of academic study of management and organisations. Faculty and students in the Department benefit from close collaboration and cross-disciplinary links with the other departments across the School. Its teaching is fully integrated into the School s overall teaching programme, which is delivered by more than 20 academic departments, including core business disciplines with the Department of Finance, the Department of Accounting, and a full range of other social science disciplines from social policy and government to philosophy and anthropology. The Department s faculty aim to produce outstanding scholarly research about organisations & management as well as use research methods and knowledge to address problems in business, government and society. LSE is a world-leading social science university, ranked #2 in the world Teaching The Department provides a place for academically gifted students to boost their social science knowledge and managerial problem-solving talents so that they are well prepared to contribute to organisational success and social betterment in any place, within any sector, and on any scale. The Department offers an undergraduate degree (BSc Management), a portfolio of 9 Master s degrees, and an outstanding PhD programme. Its Master s portfolio includes a two-year Master s in Management (the only UK programme to be integrated with the CEMS Master s in International Management), as well as business-oriented Master s degrees with economics as the unifying discipline, and a range of oneyear specialist Master s degrees. It also contributes to the LSE Summer School, LSE Executive Summer School, University of London International Programme, and the TRIUM Executive MBA. Research The Department s faculty aims to produce outstanding scholarly research about organisations and management as well as use research methods and knowledge to address problems in business, government and society. The main subject areas of research within the Department are employment relations and human resource management, information systems and innovation, managerial economics and strategy, marketing, organisational behaviour, and public management. Faculty in the Department publish their research in leading academic journals for these various subject areas. Many faculty are engaged in work directed at using social science research methods to inform issues faced by organisations and policymakers in all sectors and around the world. 02 MSc International Management MSc International Management 03
Academic community The Department of Management is an internationally diverse academic community located in the heart of London, with strong links to academia, industry and government across the globe. Total students on full-time programmes in 2014-15 academic year: 1407 [ 50.3% (707) full-time MSc, 26.0% (366) BSc, 7.5% (106) incoming exchange students, 12.9% (181) Executive MSc/ MBA, 3.3% (47) PhD [ Number of nationalities: Top industries: Management Consulting (21%), 137 Financial Services (11%), Information Technology and Services (6%), Human Resources (6%), Banking (4%), Higher Education/Academia (4%) Top job functions: Consulting (13%), Finance (9%), Research (8%), Programme and Project Management (4%), Human Resources (4%), Business Development (4%) Number of nationalities: 71 Age range: 49% Female Average age: 51% Male Our alumni Our faculty Total academic and research staff: Number of nationalities: 69 26 18-55 24 [ 20 professors [ 41% Female 59% Male Student societies: Graduate Management Society, Management & Strategy Society, Human Resources Society, Information Systems Society, LSE CEMS Club Our students Location and facilities Publications in 2014-15: 8 BOOKS, 90+ journal articles The Department of Management is located in the New Academic Building on the LSE campus, in the heart of central London, on the doorstep of global industry, government and culture. The building was opened in 2008 by Her Majesty Queen Elizabeth II and the Duke of Edinburgh, and provides a cutting-edge setting for research and teaching. Research areas: employment relations and human resource management, information systems and innovation, managerial economics and strategy, marketing, organisational behaviour. 04 MSc International Management MSc International Management 05
Meet our Programme Director Prof Diane Reyniers, Programme Director 1What are the core learnings your students will take away from the programme? One of our main aims is that students on the programme develop an understanding of global business. In addition, students will learn how to critically analyse strategic situations as well as apply flexibility and adaptability in different environments. 2 What is your strategic vision for the programme, and where do you see it in the next 5 years? I have three main objectives, which would build on what is already a very successful programme. The first is to reinforce the emphasis on analytical skills, clear expression of ideas and critical thinking as part of the programme. The second is to further grow the programme with a larger selection of exchange opportunities. The third is to establish a formal networking scheme for current and future students and alumni. 3 4 5 How does the programme contribute to LSE s core philosophy, understanding the causes of things? Our teaching and assessment methods reflect that we value thinking over memorising. Students are required to show they truly understand the material and can apply their newly acquired knowledge in new settings. We strongly encourage originality of thought, creativity and a critical attitude towards the literature. How does this programme differ fundamentally from other similar degrees, such as an MBA? The programme is definitely unique in the fact that it offers an exchange term at top business schools in the context of a one-year programme. As all students already have a management or related degree, we allow a lot of flexibility and students can tailor their curriculum towards their career goals and interests. What would you say to a prospective student thinking of applying to join the programme next year? The programme is very competitive with a large number of highly qualified applicants for relatively few places. We strongly recommend that you understand all the requirements and address them in your application to maximise your chances of being offered a place. Don t forget that we put a lot of weight on academic achievement and GMAT/GRE performance. One of the key features of the programme is that you will be studying alongside MBA students during the exchange; therefore some work experience is needed. 06 MSc International Management MSc International Management 07
Programme overview If you re an ambitious critical thinker, with a specific interest in the theoretical and practical aspects of globalisation and international management, our MSc International Management will be ideally suited to you. The programme will enable you to capitalise on both LSE s academic rigour, and also the practical benefits of an MBA programme from a leading business school. The one-year programme will equip you for high-level career success. You will be exposed to different teaching styles and cultures, and our small classes and flexible course structure will create an exceptional learning experience a spring-board for leading roles in finance, consulting and business. Key features Postgraduate Master of Science full-time 12 months 25 per class fees 24,936 (academic year 2016/17) BENEFITS unique mix of theoretical and practical learning analytical and international perspective on management term at one of six leading business schools in US or China excellent career prospects 100% in work/further study after 6 months 08 MSc International Management MSc International Management 09
Programme structure This programme is distinctive and comprehensive. You will spend the first term taking a compulsory core course, and up to three elective courses from a selection of world-leading academic departments at LSE. The second term is spent abroad, at a top business school either in China or the US, as part of the IMEX exchange programme: In the final part of the programme, you will complete a 10,000 word dissertation, to be submitted in the first week of September. Either/or COMPULSORY COURSES (2.5 UNITS) ELECTIVE COURSES (1.5 UNITS) MG4B5 Business in the Global Environment (0.5 units) MG4B9 The World Trading System (0.5 units) MG495 Dissertation (1.0 unit) IMEX Exchange term (1.0 unit) 10 MSc International Management MSc International Management 11
Profiles The class The programme attracts students from all over the world. It s designed for those with a background in Management, or a related subject such as Economics. Most will have just completed their undergraduate Bachelor s degree; a few will be in the early stages of their careers with up to four years experience. Classes are small and highly selective, creating a challenging and vibrant learning environment. Students Meet two of our International Management students Ronan Curran and Zana Nanic. Ronan Curran (UK) MSc International Management class of 2014-15 The main factors which motivated my decision to study at LSE were: the strong reputation of the School amongst employers internationally, the diversity of the student population and the excellent array of extra-curricular activities on offer at the University. I was particularly interested in the MSc International Management programme as I believe the wide range of electives on offer provide students with the perfect opportunity to tailor the programme to suit their own interests and career ambitions. For example, I have been able to combine outside electives in Corporate Finance and Asset Markets with modules offered by the Department of Management, providing me with a perfect platform for a career in either finance or consulting. In addition, the programme offers the unique opportunity to spend a semester abroad following an MBA programme at a leading University in North America or Asia. Personally, I have chosen to attend the Guanghua School of Management in Beijing as I believe the experience gained from living in a foreign culture and political environment will prove invaluable in my future career. I have thoroughly enjoyed my experience at LSE so far and would highly recommend both the school and programme to anyone considering postgraduate study. Zana Nanic (Italy) MSc International Management class of 2014-15 Being born in Croatia and raised in Italy and having completed part of my education in California and worked in New York and Singapore, I consider myself international to the core. As such I was looking for a Master s programme with a strong international component, an impeccable reputation and the academic rigor. The MSc in International Management at LSE was exactly that. IMEX is two programmes embedded into one. The first programme is the LSE semester where the focus is on academic writing, theory and abstract concepts and you spend most of your time reading and researching. The range of subjects covers almost everything from mathematical finance to evolutionary behaviour. Business subjects are debated theoretically and the emphasis is on understanding. While at LSE, I attended two classes on information systems learning the theory behind computer architecture and IT; an economic class focused on globalisation in which we discusses the classical models of international economics; and, a class on digital business and its implications for society. The second program is the MBA semester at a school of your choice: you attend as second year MBA along with students with on average five years of work experience. Regarding the subjects, you can chose amongst management subjects from strategy, leadership, finance, economics, marketing, operations, etc. The emphasis is on cases studies, speaking up in class and getting work done. The classes are very interactive expect to be cold called at all times and all your assignments are group projects. In terms of culture, each MBA school available has its own specific culture and attracts certain people. In my case, the experience at Kellogg has been fantastic and I intend to go back there later on in life. After graduation, I am joining a consulting firm. In the long run, I intend to go back to academia for my PhD and become a professor in a Business School. I have a general passion for business and writing; thus, business publishing and teaching is where I belong. Overall, IMEX is the perfect programme to allow you to gather the most out of European and American education and to tailor subjects to your specific ambitions and interests. 12 MSc International Management MSc International Management 13
Outlook How to apply Your career With our MSc International Management under your belt, you can reach your full potential more quickly. Your learning will equip you to adapt as global market dynamics change, so you stay ahead throughout your career. Our graduates quickly and confidently secure prominent positions in banking, management consulting and business, across a range of industries, with blue-chip companies all over the world. 100% of our students are in work/further study six months after graduation. Bloomberg Boston Consulting Group PwC Goldman Sachs MD Overseas Contrast Management Consulting JPMorgan Citi Deloitte Wimdu McKinsey BNP Paribas Ata Audit Company Oliver Wyman Applications are open between mid-october and June. Decisions are made on a rolling first-come, first-served basis, so we encourage you to apply early to avoid disappointment. To apply, please visit our website: www.lse.ac.uk/imex Application code: N1UQ Apply by April to be considered for a Graduate Student Support (GSS) scholarship. Entry requirements 1st or high upper 2nd class bachelor s degree (or international equivalent) in management, or a management-related subject such as economics, with courses taken in maths, statistics and economics at least 3 months work experience GRE or GMAT score IELTS for non-native English speakers without proof of a degree taken in English a personal statement, resume, official academic transcripts, official test scores and two academic references 14 MSc International Management MSc International Management 15
The following message contains some very important information. Please read it before you use this brochure. This brochure was published in September 2015. It contains information on the Master s programme that the Department of Management intends to run for students who are planning to join in the 2016-17 academic year. The Department has made every effort to ensure that the information provided is both helpful and accurate, and that it is kept as up-to-date as possible however, this information is subject to change. Some circumstances (such as staff changes or resource limitations over which the Department has no control) or the level of demand for a particular course may result in the Department having to withdraw or change aspects of the programme detailed in this brochure. This could include, but not necessarily be limited to, programme/module content, staffing, the location where the programme/module is taught, and the facilities provided to deliver the programme. Prospective candidates should note that, in the event of such circumstances occurring, the Department cannot accept liability for any claims for costs or damages made by a student resulting from any change to, or withdrawal of, a programme/module that he/she had intended to study. For this reason it is particularly important that you should check the website for updates (www.lse.ac.uk/management) or contact the Department using the contact details provided within this publication. Designed by: RADAR London, Edited by: Laura Delfitto, Lucy Porter 2015 Contact us If you have any specific questions, please do not hesitate to contact us: Email: dom.imex@lse.ac.uk Tel: +44 (0)20 3486 2951