One Year MBA at Imperial College Business School

• Name of the B-School: Imperial college business school
• Name of the Course: Full Time MBA

Imperial college business school

As per the B-School, the Business School is a key player in business education, offering a full range of courses and degrees, and conducting research that benefits from being in the world’s leading financial and business capital. It consistently ranks among the top business schools in Europe and worldwide.

60% Rise in One Year MBA Applicants at Imperial College, London

Course Overview

• Start Date: September 2020
• Duration: 12 months
• Qualification: MBA
• Study Type: Full Time
• Location: Imperial College Business School, London, United Kingdom

Imperial Masters’ Program Achieves Gender Parity

Accreditation

INSEAD holds the triple accreditation of:

• AACSB International (the Association to Advance Collegiate Schools of Business),
•  AMBA (the Association of MBAs) and
• EQUIS (European Quality Improvement System

Ranking

• 8th in the world and 3rd in Europe in Times Higher Education (THE) World University Rankings 2018
• 8th in QS World University Rankings 2018
• 8th in Reuters Top 100: The World’s Most Innovative Universities – 2018

What is One Year MBA at Imperial College Business School?

As per the B-School, the Full-Time MBA places an emphasis on the latest thinking and experiences through a wide range of projects, which are designed to make you a well-rounded leader, ready to face the business challenges of the future.

As per Poets & Quants, The Full-Time MBA is a one-year Program based in London that transforms ambitious, talented individuals into pioneering leaders. In a community where the next generation of innovators are given the support to succeed, you’ll develop an entrepreneurial mindset to help you create change and tackle global business challenges.

MBA Scholarship for Established Entrepreneurs from Imperial College

Why One Year MBA at Imperial College business school?

As per the B-School, the Full-Time MBA is a one-year Program based in London that transforms ambitious, talented individuals into pioneering leaders. In a community where the next generation of innovators are given the support to succeed, you’ll develop an entrepreneurial mindset to help you create change and tackle global business challenges.

Who is this course for?

At Imperial, they are looking for well-rounded candidates with the aptitude and ambition to thrive in our Full-Time MBA, and make a global impact as the future leaders of business and society. Alongside intellectual ability and a strong professional track, successful candidates for the Imperial MBA demonstrate:

• Leadership potential
• Innovation
• Collaboration

Class profile 2019-20

• Number of students 70
• Average Age 28
• Female students 33%
• Male Students 67%
• Nationalities Represented 26

Eligibility

The entry requirements for the MBA as per the B-School are as follows:

Work experience

You will need a minimum of three years’ continuous relevant full-time work experience after graduation to apply for the Full-Time MBA. When assessing your application, we will look closely at your career progression in terms of roles and responsibilities, experience of managing projects and people, and how you have continued to develop your skills throughout your career to date.

Academic requirement

You’ll need one of the following:

A good undergraduate degree from a recognised university – typically at least a UK Second Class Honours or the international equivalent or an acceptable professional qualification:

Full membership of the Institute of Chartered Accountants in the UK or Ireland (ICAEW, ICAS or Chartered Accountants Ireland)

Full membership of the Chartered Institute of Public Finance and Accounting (CIPFA)

Associateship or Fellowship of the Chartered Institute of Management Accountants (CIMA)

Full membership of the Association of Chartered Certified Accountants (ACCA)

We welcome candidates with non-traditional qualifications and backgrounds; if you do not meet the requirements listed above please contact the Admissions team to discuss your eligibility.

GMAT or GRE scores at our required level

We require candidates to take a Graduate Management Admissions Test (GMAT) or a Graduate Record Examination (GRE) and achieve our score requirements.

If you are taking the GMAT, you will need an overall score of at least 600 – although a stronger score will add more weight to your application. There are no minimum requirements for the different sections of the GMAT, although ideally they are looking for a well-balanced test with good performance in all areas – with particular attention paid to the quantitative section.

If you are taking the GRE, you will need to achieve minimum scores of 156 (new test) or 550 (old test) in the verbal, and 158 (new test) or 740 (old test) in the quantitative sections.

Including a GMAT or GRE score that meets or surpasses our requirement at the time of your application greatly enhances the likelihood of an invitation to interview. However, if all other components of your application are very strong, they may proceed to the interview stage without a score. In such a case, if you are successful at the interview, our offer will be conditional upon the required score being achieved prior to the Program commencing.

If your academic results are lower than the standard entry requirements, they will request that you provide your GMAT or GRE results before we can proceed with your application.

English language requirement (if applicable)

All Programs at Imperial College Business School are linguistically demanding, and therefore strong English language skills are critical to academic success on your MBA and in your future career. The English language entry requirements listed here are the minimum scores needed for admission, successful students typically demonstrate higher levels of achievement.

A full list of acceptable English language qualifications and our required scores can be found on our detailed English language requirement page, but most applicants meet the requirement in one of the following ways:

• IELTS (academic): A minimum score of 7.0 with minimum scores of 6.5 in all elements
• TOEFL iBT: A minimum score of 100 overall with minimum scores of 22 in all elements
• Degree studied in and awarded by an English-speaking country

Note:

You may submit your online application prior to meeting the English language requirement.

IELTS scores are only valid if they are less than two years old on the Program start date.

Imperial College London considers TOEFL scores to be valid for 2 years. Scores must be valid at the beginning of your studies at Imperial if your application is successful. You must meet the entry requirement in one test from your scaled scores (‘My Best Scores’ reported by TOEFL will not be considered). For more information regarding TOEFL please visit the ETS website. Please note if you would like ETS to send your TOEFL scores directly to the College, our TOEFL Institution Code is 0891.

The College defines English-speaking countries as: Australia, Canada, Guyana, Ireland, New Zealand, South Africa, United Kingdom, United States of America and West Indies.

Dates and deadline

Application Process

Apply online

As per the B-School, applications for the Full-Time MBA are made through our online application system, which gives you the flexibility to complete your application in your own time and save your progress. The form includes questions about you, your career and your educational history to date. You will also need to provide the following to submit your application:

Career planning questions

In the career planning questions you will need to show you have thought about the type of employer you want to work for immediately after graduating and have researched your target organisation(s) and role. You will also need to demonstrate you have the necessary skills and experience to succeed in your chosen role. If planning to set up your own business, you will need to outline what expertise or product your business will deliver and that you have researched the market. Whilst we want our students to hit the ground running, we understand that you will also be looking to develop gaps in your skillset to prepare for your chosen career and you will need to address this in the career planning questions.

Application processing fee

To submit an application, you will need to pay an application processing fee of £125.

If you are in receipt of a Chevening Scholarship you are not required to pay the application processing fee. Please notify the Admissions team prior to submitting your application.

Contact details of two referees

You will need to provide the contact details of two referees. When you submit your form, the online application system will send an automatic reference request directly to their professional email accounts so they can submit their recommendation letter quickly and efficiently online.

Your referees should be individuals who are best placed to discuss your suitability for an MBA Program based on your performance and achievements at work, your strengths and areas for development, and your future potential – ideally including one from your current or a recent line manager.

Complete degree transcripts

You will need to submit electronic copies of your full degree transcripts and certificates (with English translations if necessary) for any degrees you have completed, or relevant professional qualifications.

Transcripts should include:

Details of all of the modules studied on the degree, your marks for each, and the overall mark, grade or classification that you achieved if you have completed your studies. If you have studied more than one degree level Program please upload a complete set of transcripts for each qualification.

GMAT or GRE results

If you have already taken the GMAT or GRE, you should upload a copy of your results and request your score to be released to Imperial College Business School. This will enable us to verify your results online, so you should not send a hard copy unless we request it.

To submit your score online, you must request for it to be shared with Imperial College Business School. Our GMAT code is S22-7S-16 and our GRE code is 0121.

If you have not yet taken GMAT or GRE, please include details of your planned test date on the application form and ensure that you contact the Admissions team once your score is available.

Personal statement

Your personal statement provides an opportunity to demonstrate your suitability for the Full-Time MBA Program. Typically your personal statement should be one side of A4 and include your motivations for applying to Imperial and the MBA, and any other supporting information not included elsewhere on the form that you feel will enhance your application.

CV

You must include a full and up-to-date curriculum vitae (CV) – we do not require that you use a particular format, but a CV template is available here for your convenience.

Scholarship supporting documents (if applicable)

A number of our available scholarships require you to submit your GMAT score, essay question answers, and/or answers to specific questions alongside your application, before the scholarship deadline.

If you would like to be considered for one of our scholarships, please check the individual scholarships pages on our website for further information on scholarship application requirements.

English language test results (if applicable)

If English is not your native language, you may be required to take an English language test (see above for accepted tests and required scores). You should upload a scanned copy of your English language certificate.

You may submit your application form before you have obtained English language test results. Please include details if you have a planned test date on the application form and ensure that you contact the Admissions team once your score is available.

Interview

Your application will be reviewed and you may be shortlisted for the interview stage. You will speak with a member of the Admissions Committee in an online interview lasting approximately 30 – 40 minutes and conducted within the published interview week dates for the application round that you have applied for.

The interview is made up of three short questions and should take no more than 15 minutes to complete. You will need to complete your career interview by the close of business on the final Friday of the interview week(s) for the round in which you applied.

Final decision

After your interview, your full application and interview performance will be assessed by the Admissions Committee. If you are successful, we will make you a conditional offer of admission for the Program. You will be notified of the outcome of your application by email no later than the published decision date for the application round that you have applied for. You will be able to log in to our online portal to respond to your offer, view full details of your conditions and pay your 10% deposit for the Program.

By submitting an application you agree to receive updates from Imperial College Business School regarding news and events relevant to your Program of interest. You will be able to unsubscribe at any time.

The information you provide will not be passed on to any third party and will only be processed in accordance with the provisions of the Data Protection Act 1998 and any other relevant legislation. The data you provide may, however, be used to provide you with further information about relevant Imperial College Business School services.

Fee Structure

The fees for the Full-Time MBA (September 2020 entry) are the same for both UK and international students.

Fee: £53,500

Deposit: £5,350

Payment options

You can pay your tuition fees in one installment when the Program starts in September or, if you are self-funding, in two installments in September and February.

Single payment

Payable in September when the Program starts.

Two staged payments

First payment due in September when the Program starts

Second payment due the following February

Available only if you are self funding

A 2% surcharge of the total amount will be added to your first installment

You will be asked to select a payment schedule during the offer acceptance process

Please note, if you require a Tier 4 visa you may opt to pay your fees by installments, but this does not exempt you from the requirement to show evidence of funds to cover living expenses plus the full tuition fees for your MBA Program. Evidence of these funds must be shown in either your bank account for a minimum of 28 days on a statement dated not more than 31 days prior to the visa application date. This means that if the first installlment has been paid and shows as paid on the CAS, you will still need to have the remaining tuition fees plus recommended living costs saved in a bank account for at least 28 days.

Imperial Boosts Gender Parity with 44% females in Class of 2018

Deposit

If you are made an offer for a place on the Program, you will be asked to pay a deposit of 10% of the tuition fee in order to secure your place.

This is part of the total fees, not an additional cost. The Tuition Fees team will send your deposit invoice by email – normally within five working days of your offer acceptance, and this will need to be paid within 30 days of receiving the invoice. Failure to pay this in time may result in your offer being withdrawn.

Apart from in certain circumstances, deposits are not refundable if you fail to take up your place in the Program. You can find out if you qualify for a refund and the process for requesting a refund on the College’s postgraduate deposit information page.

What your fees cover:

• Tuition for the year
• Flights and accommodation for the Global Experience Week
• Core reading texts and study materials
• Membership of the Forté Foundation for female candidates

What your fees do not cover:

• Cost of accommodation and living expenses in London
• Costs incurred as part of optional internships or exchanges
• Supplementary texts and study materials

If you join one of our Career Clubs there will be a membership fee of £20 per club for the year.

Financing your MBA

As per the B-School, many of their students on the Full-Time MBA fund their studies through multiple funding sources, combining personal resources with education loans and scholarships.

Funding sources to consider

• Personal resources
• Prodigy Loans
• Future Finance
• Professional and Career Development Loan
• Postgraduate Master’s Loan
• US Federal Loans scheme
• Employer sponsorship
• Low interest rate loans
• Lendwise
• Externally funded scholarships
• Further funding opportunities

Scholarships

As per Imperial College Business School, they offer significant scholarship funding to our most talented applicants. A range of scholarships are available and all self-funded candidates are automatically considered for all scholarship schemes for which they meet the eligibility criteria and application deadlines.

Scholarships available for entry in September 2020

• Riley Family Scholarship
• Advisory Board Scholarship
• Dean’s Excellence Award
• Future Leaders MBA Scholarship
• Social Impact Scholarship
• Technology and Innovation Scholarship
• Lee Family – Imperial College Business School
• Entrepreneurship Scholarship
• Forté Fellowships
• Imperial Women’s Scholarships
• Imperial Loyalty Bursary
• Imperial Business Scholarships
• GMAT Excellence awards
• Externally funded scholarships

Want To Get A Taste Of MBA At Imperial? Sign Up For Free

Course Structure

On  Full-Time MBA, you will study core modules to build your foundation in business, and then shape your own elective and project portfolio to suit your personal academic and career ambitions. The program places an emphasis on the latest thinking and experiences through a wide range of projects, which are designed to make you a well-rounded leader, ready to face the business challenges of the future.

These programs require intensive study. As well as contact hours, you will be required to spend time preparing for lectures, undertaking background reading, working in groups, completing assessments (both individual and in groups) and revising for exams.

A significant amount of time will need to be allocated to career planning and development as well as to becoming an active contributor to the Business School community. This list is not exhaustive, but provides you with a flavour of what you can expect from your time as an Imperial student.

Programme overview

Online pre-study modules

Pre-study modules ensure that all students have the basic knowledge and skills required for the start of the program.

Compulsory pre-study modules covering mathematics, accounting and careers and professional development will be available to you from three months prior to the start of the program.

These refresher modules are delivered through The Hub, Imperial College’s online learning platform. Once you have accepted your offer, you will be given access and instructions on how to use the system.

An online tutor works in tandem with program faculty to support you, providing guidance and monitoring progress and performance in quizzes.

Key information:

• The pre-study modules are delivered online through Imperial College’s online learning platform.
• All pre-study modules are compulsory.
• An online tutor works in tandem with program faculty to support you.
• The modules will be available to you from three months prior to the start of the program.
• Topics covered include mathematics, accounting and careers and professional development. 

Core 1 modules

Your core modules begin when you join us on campus in September. These modules are the backbone of the program. Core 1 modules give you a solid base of practical knowledge in the following subject areas:

• Business Economics
• Accounting
• Organisational Behaviour
• Design Thinking and Innovative Problem Solving

Leadership and team building day

Imperial College Business School offer a leadership day during the induction week. A fun day away from campus, you will spend time building core relationships with your MBA family – the team you will be working with for the next year.

The aim of this day is to:

• Encourage you to explore how individual characteristics affect leadership styles
• How leadership styles can affect corporate culture
• Examine your own leadership and communication style
• Learn how you can make rapid change to become an effective future leader

Careers Week

Careers Week enables you to focus on your career after you have been busy concentrating on your first set of core modules on the program. It will help you to accelerate progress towards your aims.

Core 2 modules

Core modules are the backbone of the program. Students undertake Core 2 modules during November and December. Core 2 modules give you a solid base of practical knowledge in the following subject areas:

Corporate Finance

Marketing

Strategy

Exams

Exams enable students to demonstrate the extent to which they have attained and exceeded the intended learning outcomes. Students must attain a minimum of the Pass mark which represents the minimum threshold standards which students must meet in order to pass a module, progress through their program and be awarded a degree.

Core 3 and 4 Modules

Core modules are the backbone of the program. Students undertake Core 3 and 4 modules from January to March and these modules give you a solid base of practical knowledge in the following subject areas:

• Operations
• Macroeconomics
• Investments and Risk Management
• Innovation and Entrepreneurship
• Decision Analytics

Imperial Innovation Challenge

The Imperial Innovation Challenge is a one week laboratory focusing on how business insight and imagination transform society. Working in groups, this immersive experience will see you dive into the given problem at the beginning of day one and present your solution by day five. A week of workshops and eye-opening talks with industry experts will support you in your pursuit for an innovative solution. This is an opportunity to showcase the business knowledge you’ve developed during your MBA so far.

The goal of the challenge is to:

• Encourage you to apply innovative thinking to complex international issues such as poverty.
• Generate business solutions.
• Give you a snapshot into the diversity of the College
• Give you an idea of the different ways that you can interact with other faculties
• This project integrates the Business School with other faculties such as Natural Sciences, Engineering and Medicine to take on global grand challenges in health, energy, environment and the digital universe.

Group Consulting Project

This project is offered as one of two projects that focus on building your teamwork skills; you may alternatively choose the Innovation, Entrepreneurship and Design project (see details on this project below) instead.

This project is designed to develop your managerial and consulting potential by applying your knowledge and problem-solving skills to a real-world consulting project for an external organisation.

During the project, you will:

• Take on the role of a team of consultants
• Manage the project from initial problem-framing through to completion, drawing on your knowledge from the program so far
• Be supported by several workshops, run by experienced consultants
• Present your work
• Receive detailed feedback on your progress
• Raise questions

Entrepreneurial Journey

This project is offered as one of two projects that focus on building your teamwork skills; you may alternatively choose the Group Consulting project (see details on this project above) instead.

The Entrepreneurial Journey is a team-based venture start-up program. The project is highly practical and organised around workshops and coaching sessions, helping you to progress your project over a period of six months.  You can either work on your idea, or otherwise you will be able to collaborate with others on developing ideas. Operating as part of a self-selected, multi-disciplinary team, in this way you can explore the commercial feasibility of ideas based on the latest developments in science, technology, medicine and design.

During the project, you will:

• Take an idea for a new product or service
• Develop a value proposition
• Carry out customer discovery research
• Validate the product or service
• Create a fully-fledged business proposition
• At the end of your journey, you will pitch to a panel of investors, and compete for a monetary prize

Additional modules

You will take two additional modules in Ethics and Values and Languages.

Electives

Electives are your opportunity to truly shape the program to your own ambitions, whether you want to specialize in a particular area or expand your breadth of business knowledge.

Key information:

• You will choose six electives on the Imperial MBA from a range of on-campus or online options.
• The Careers team, MBA team and Faculty are available to advise and help guide your choice
• On-campus electives usually run over four days either during the Spring or Summer terms and are offered over weekdays or weekends.
• There is a wide range of elective options, from which approximately 20 are run each year depending on student interest.
• There are 4 elective pathways (Finance, Innovation and Entrepreneurship, Strategy and Management and Analytics and Digital Marketing) with a variety of elective options under each pathway

Global Experience Week

A program highlight for many, the Global Experience Week is a unique hands-on learning experience. With your cohort, you will travel to another country for an intensive trip to explore a new culture and business in an international context.

Perspectives on Practice: Individual Project

Perspectives on Practice is an individual, self-directed part of the program and the final project of your MBA. This project will last between two to three months. As part of this program students are required to choose between undertaking an individual project or an internship.

The individual project allows you to develop your ideas on a topic of interest, most likely relevant to your own post-graduation goals. There are three routes you can follow:

• Complete an individual consulting project which entails you approaching and building your network with organisations of interest
• Undertake a consulting report covering a sector or market and one or more organisations
• Develop your own business plan

Perspectives on Practice: Internship

Perspectives on Practice is an individual, self-directed part of the program and the final project of your MBA. This project will last between two to three months. As part of this program students are required to choose between undertaking an individual project or an internship.

If you choose to undertake an internship, you are encouraged to employ your networking skills and organize one with a company that you are interested in. At the end of your internship you will submit a project based on your work.

Students from 2015-16 cohort secured internships at companies such as:

• BCG
• Goldman Sachs
• Google
• China Merchants Bank
• OEE Consulting

Exchange opportunities (optional)

Our optional exchange program allows you to increase your international exposure by completing some electives at one of our partner schools.

With opportunities to study in cities and countries such as Paris, Shanghai, or Switzerland, the MBA exchange program is a great opportunity to develop your global perspective.

partner schools include:

• HEC Business School Paris
• ESSEC Business School
• SDA Bocconi School of Management
• University of St.Gallen

Capstone

Capstone is the culmination of your MBA studies. It is a two-day intensive course that is designed to enhance your managerial knowledge and communication competencies. It is furthermore an opportunity to celebrate your achievement and reconnect with your cohort.

Placement Details 2017-18

• Employed within 3 Months: 91%
• Average increase in salary: 32%
• Changed Location for a new role: 33%
• Accepted job offers in new sectors: 67%

Employment by sectors

• Consulting 29%
• IT /Telecom / Technology 25%
• Finance 23%
• FMCG / Luxury Goods / Retail 6%
• Marketing / Media 6%
• Energy / Utilities 4%
• Transport / Logistics 4%
• Other 3%

Top Recruiters

• Amazon
• Accenture
• Babcock
• Bain & Company
• Barclays
• BP
• CSC
• Deloitte
• Deutsche Bank
• Emerson
• EY
• GE
• Google
• Loreal
• Infosys
• Innovate UK
• KPMG
• McKinsey & company
• OE3
• Paypal
• Morgan Stanley
• Strategy &
• UBER

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