The Master’s in Management programme provides a route to transition into a management career, for students with little or no prior work experience or background in business and management.
The 2-year format of the programme allows students to gain both a rigorous training in the core foundations of general management in year 1, and a specialisation in their specific area(s) of interest in year 2. This provides our graduates with a tangible advantage when entering employment, as the combination of a broad general training in year 1, plus the depth of specialist knowledge and skills in year 2, accelerates them to enter job roles at a higher level (in contrast to graduates from 1-year programmes with only a non-specialist general management training).
The programme is designed with employers in mind, and provides rigorous training in both quantitative analytical and numerical skills, and qualitative critical thinking, presentation and communication skills, producing well-rounded managers meeting the skills requirements of top companies.
In addition to the academic curriculum, the programme also includes elements designed to give practical employment experience, and develop professional skills, through the business project and summer internship. Students also benefit from a range of services provided by the LSE Careers Office.
Our students graduate from the programme as experienced and capable professionals, meeting the skills required to succeed in a highly competitive employment market.
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The programme serves as an effective recruitment screening tool for the world's top organisations. Upon graduation, MSc Management students have taken roles in a range of sectors including consulting, finance, banking, marketing, advertising and communications, and also start-ups and family businesses. Here are some examples of the organisations our graduates have joined:
Every year, LSE Careers conducts a destinations survey of LSE graduates 6 months after they have graduated. From the 2012-13 survey of MSc Management graduates:
86% in work/further study 6 months after graduation
Median salary of £38,100
The summer internship is a recommended component of the Master’s in Management, taking place in the summer between year 1 and year 2 of the programme. It can provide valuable experience that both guides learning through the second year of the programme, as well as increasing job-related skills and employment opportunities.
Internships are expected to be 8-10 weeks, and have several forms. Most students will secure internships in established organisations in the private and public sectors, while some students will choose an internship in their family business. Alternatively some students spend their internship setting up a new business based on the knowledge and skills developed in year 1 of the programme.
The internship is intended to meet the following objectives:
Contribute to professional development
Increase employment opportunities
Develop professional networks
Put learning from the first year of the programme into practice
Guide progress through the second year of the programme, for example generating ideas for a dissertation, and/or developing skills relevant for the business project (below)
The business project is an applied research project which students are required to undertake in their second year of the Master’s in Management. Teams of around five students solve real business problems as a one-term part-time activity sponsored by external organisations and supported by faculty.
Students apply the skills and knowledge gained from the MiM Capstone Course and other first year courses, working on projects in either autumn or spring of their second year, culminating in a presentation of their findings to the company and to their peer group.
Companies who have sponsored business project in the past include AstraZeneca, Barclays, Benchmark Sport, Coca Cola, Daymon, Ecofact, Deloitte, Ecofact, Google, Heidrick and Struggles, HSBC, ICE Italy, LH Forum, LSE Enterprise, Markit, Mars, Merlin Entertainment, Morgan Stanley, MYBA, Nokia, Oliver Wyman, PwC, SASC, Skanska, Studio Canal, Tesco, Thomson Reuters, and Tyler Mangan.
A group of around five students will be assigned to a particular firm, with a sponsoring executive from the company and a faculty coach from the LSE
The students will research a strategic business question posed by the company – the actual topic is for the sponsoring executive to decide and agree with the student team and faculty coach;
The students will present their research findings to the company; they will subsequently give a presentation to their peer group at a seminar which we hope will be attended by the company sponsor. The sponsor will be invited to give a short talk to the students in response to the presentation.
FMCG company: Student group asked to study the possibility of making a new energy drink product more attractive to thestudent market. What marketing strategy would be required? Would new sales channels be required?This is a marketing strategy problem.
Financial information services provider: The project assessed the structural changes in the European markets as a result of new financialregulations in order to identify the business risks and opportunities for one of the company’s tradeprocessing products.
Pharmaceutical company: What new talent management, training and development strategy would be required for financeprofessionals following outsourcing of part of the finance function?
The LSE has a dedicated Careers Service which will work with you throughout your programme to help you fulfil your career goals:
One-to-one careers appointments with your programme’s dedicated Careers Consultant will provide you with individually tailored careers advice and support
Careers fairs, seminars and workshops - you will have access to an extensive programme of careers fairs including Consultancy, Business and Management, Banking and Finance, NGOs and Public Sector employers, as well as employer led skills seminars and recruitment presentations throughout the year.
LSE Career Hub online job vacancy portal advertising hundreds of vacancies each week, including full time graduate jobs, internships, volunteering opportunities and part time casual jobs.
Help with CVs/resumes and interviews with one-to-one CV feedback sessions for advice on your own CV. When you have an interview coming up you can also book a half hour practice interview. A number of departmental careers workshops are available, covering topics including CVs and application forms, interviews, presentation skills and assessment centres.
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