Masters in Finance: Application hints and tips

By Lucky Singh, MiF Recruitment Manager

Applications for the Masters in Finance (MiF) Full-time and Part-time programmes starting in August 2021 are open!

As we are nearing our third round deadline which is Tuesday 5th January, we wanted to provide you with useful information to help guide you through the application process.

The most important thing before starting your application is to do your research. Get a thorough understanding of the MiF by visiting our website and downloading our brochure. Learn more about the student body and career impact by downloading our class directory and employment report. Develop your awareness of the MiF student experience by speaking to our current students, student ambassadors and alumni. Have your questions answered live during one of our many events.

We in the MiF Recruitment Team are here to support you across the research and applying stages.  You can email us with any of your questions at mif@london.edu. You can submit your profile for review, and we will informally assess your eligibility for the programme. We also host one-to-one consultations, where we answer your questions and provide you with tailored application support.

Once you have completed your research, the next step is to start your application. You will be required to fill out our online application form, which includes submitting; a GMAT or GRE score, two essay questions, a one page CV, your academic transcripts and two professional references.

Applications are reviewed holistically, therefore all aspects of your application are measured equally by the MiF Admissions Committee.

Below is an explanation of the individual application requirements in more detail.

GMAT/GRE

So we can assess your quantitative ability to ensure you can keep up with the rigour of the programme, we require a GMAT or GRE score. We have no preference between GMAT or GRE. A strong GMAT score is 650 or above, and for GRE we look for around 160 in the quantitative section, and 155 in the verbal section. You can also submit your application in advance of GMAT or GRE as we do make conditional offers.

For a small number of candidates, we waive the GMAT/GRE requirement. If you have CFA L2 then you will automatically receive a GMAT/GRE waiver.  We also grant GMAT/GRE waivers to candidates with strong grades at undergraduate and postgraduate level, especially those who have studied quantitative subjects, and who have outstanding professional finance work experience. Professional qualifications like CFA Level I, FRM, CPA and ACCA will increase your chances of getting a waiver. To apply for a GMAT/GRE waiver, please share your CV and your undergraduate and postgraduate transcripts with us at mif@london.edu.

Two essay questions

Our two essay questions are focused on why you are interested in studying the Masters in Finance at LBS, and how will you will contribute to our community. Remember, there is no right or wrong answer. Use the essays to tell us your story, and to highlight your personality. Demonstrate your leadership potential, your global mind-set, and showcase your academic capabilities.

CV and transcripts

You must include a one page CV in our recommended CV template and your academic transcripts. We require transcripts from your undergraduate and any postgraduate degrees. If your transcripts are not in English, they will need to be translated.

References

We require two references from you, and these should ideally be professional i.e. by someone you have worked with and who knows you very well. The seniority of your referee does not matter as much as the quality of your reference. Please note that these need to be submitted before we can start reviewing your application. You should give your referees sufficient time to prepare and submit the reference, and spend time explaining your motivations to them, so that they can complete the reference thoroughly.

Once you have submitted your application, the Admissions team will inform you about whether you have been selected for interview. This is conducted by our Alumni. For more information regarding the interview stage, take a look at our blog here. 

For more information, you can watch our latest webinar where Peter Johnson, MiF Senior Admissions Manager, and I discuss all of the above in more detail.

If you require any further information, please contact us at mif@london.edu.

We wish you the best of luck with your application!

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