Imperial MBA balances the small class size, international reach, and gender parity with flexibility in the curriculum that prioritizes hands-on experience. The strong funding support for all students with financial needs makes the program a favorite for International and UK students.
In this in-depth analysis of Imperial Full-time MBA, we cover:
- Imperial MBA Class Profile
- Imperial MBA - Total Cost
- Imperial Full-time MBA Curriculum
- Imperial Full-time MBA Scholarships and Financial Aid
- Imperial Full-time MBA Salary & Employment Trends
Imperial MBA Class Profile
The latest Imperial Full-Time MBA class comprises 73 students. On average, students in the program have six years of work experience, a year above other top UK schools and similar to the class profile of top European MBA programs.
One notable aspect of the class profile is the diversity of nationalities. Despite the small class size, the admissions team managed to build a class with students from 29 countries. This highlights the program's global appeal and the potential for a rich cultural exchange among students. Additionally, female students make up 42% of the class, at par with top US schools.
| Imperial Full-Time MBA | Class Profile |
|---|---|
| Number of Students | 73 |
| Average Years Work Experience | 6 |
| Average Age | 28 |
| Nationalities Represented | 29 |
| Female Students | 42% |
Pre-MBA Industries
A significant proportion of students in the Imperial Full-Time MBA program have prior experience in Finance (39%), Technology (24%), and Consulting (21%) sectors. Energy represents a smaller percentage (5%), while other sectors account for 11%.
| Pre-MBA Industry | Imperial MBA |
|---|---|
| Finance | 39% |
| Technology | 24% |
| Consulting | 21% |
| Energy | 5% |
| Other | 11% |
Imperial MBA – Total Cost
The tuition fee for the program is $76,574, representing a significant portion of the total expenses. In addition, a deposit of $7,657 is required, serving as a commitment fee or a partial payment toward the overall costs.
Accommodation costs are estimated at $13,830. This can vary depending on the location, duration, and type of accommodation chosen and may be a significant cost consideration for students when planning their budget.
Travel expenses are estimated at $1,573, and Food costs are estimated at $4,204, reflecting the expenses associated with meals and dining during the MBA program. Personal expenses are estimated at $4,025, including various personal expenses such as health insurance, course materials, social activities, and other discretionary spending.
The estimated expenses for the Imperial Full-Time MBA program amount to $107,863, encompassing tuition fees, deposit, accommodation, travel, food, and personal expenses.
| Imperial Full-Time MBA | Cost |
|---|---|
| Imperial MBA Fees | $76574 |
| Deposit | $7657 |
| Accommodation | $13830 |
| Travel | $1573 |
| Food | $4204 |
| Personal and Leisure | $4025 |
| Total | $107,863 |
Imperial MBA Curriculum
With Imperial MBA’s one-year curriculum, students will study core modules to thoroughly understand all aspects of the business before personalizing their learning with flex core modules and diverse electives that match their post-MBA goals. Students can specialize in Analytics, Entrepreneurship, or Finance or follow a General Management track, learning from world-renowned specialists in these areas.
Timetable: Imperial Full-Time MBA course has been divided into four parts:
1. Pre-September: Pre-September phase prepares students for the program by completing the prerequisites and building rapport with their classmates. This phase consists of six cores.
2. September-January: This phase includes Induction week, Core modules, Imperial Innovation Challenge, London Tech Trek, and Careers Week. Apart from these programs, the Personal Leadership Journey and LEAD program continues in all phases.
3. February-March: Flexcore modules are introduced in this phase, where students can learn four Flexcore subjects. Students can also pick up an optional specialization.
4. April-August: In the last phase, students can pick up the electives for in-depth study. Other programs introduced in this phase are Global Experience Week, Internship or Individual Project, and Entrepreneurial Journey or choice of projects.
| Pre-Study Modules | Core Modules | Flexcore Modules |
|---|---|---|
| Accounting Primer | Business Analytics | Data Analytics and Visualisation for Business |
| Data Analysis Primer | Business Problem Solving | Design Thinking: Solving Complex Problems Through a Disruptive Mindset |
| Finance Primer | Corporate Finance | Investment and Risk Management |
| Introduction to Corporate Sustainability, Social Innovation and Ethics | Financial and Management Accounting | Macroeconomics |
| Maths Primer | Innovation and Entrepreneurship | Operations |
| Plagiarism Awareness | Managerial Economics | |
| Marketing | ||
| Organisational Behaviour | ||
| Strategy |
Electives
Imperial MBA program has over 40 elective modules available, including on-campus and online options. Most can be taken by anyone who has registered in one of the MBA programs each year.
| Analytics and Marketing | Entrepreneurship and Innovation | Finance | Leadership and Organization | Strategy |
|---|---|---|---|---|
| Advanced Financial and Sustainability Reporting | AI Ventures | Alternative Investments | Digital Transformation: Leading Real-World Change | Advanced Strategy |
| Analytics Project | Digital Business Model Design | Analysis of Financial Statements and Management Information | Family Business | Breakout Strategy |
| Big Data, AI and Machine Learning | Digital Opportunities: Insights from the Startup Nation (IB Global elective, Tel Aviv, Israel) | Asset Management and Alternative Investments | Leading and Executing Strategic Change | Building and Managing Reputations During Good Times and Bad |
| Brand Management | Digital Technologies and Digital Transformation | Cases in Corporate Finance, Mergers and Acquisitions | Leading Social Innovation | Climate Change and Business Strategy |
| Consumer Behaviour | Entrepreneurial Journey | Clean Technology Investment | Leading YourSelf | Design for Business Transformation |
| Digital Marketing | Entrepreneurial SMARTCamp | Corporate Governance and Stewardship | Managing Negotiations | Digital Business |
| Emerging Technologies in Marketing | Frugal Innovation: Expanding markets, meeting needs (IB Global elective, India) | Corporate Law and Tax Strategy | Strategy and Leadership in a Digital World | Economics of Information and Intellectual Property |
| Marketing Analytics: Leading with Big Data | Leading Social Innovation | Entrepreneurial Finance and Venture Capital | The Future of Cities (IB Global elective, Singapore) | Energy Business |
| Pricing Strategy | Wicked Problems, Systems Dynamics, and Entrepreneurial Innovation | Financial Consulting Project | International Business | |
| Project Management | Insurance | Management Challenges in Healthcare | ||
| Sales Management and Leadership (IB Global Elective, Houston, Texas, USA) | Pricing Strategy | Strategic Networking | ||
| Private Equity | Strategy and Leadership in a Digital World | |||
| Sustainable Finance and Investments | Strategy in Volatile and Uncertain Environments | |||
| The Fintech Revolution: New Markets, Models and Opportunities | Sustainability and Competitive Advantage | |||
| Venture Capital Finance | Sustainable Transformation Made in Italy (IB Global Elective, Milan, Italy) |
Specializations: Imperial MBA optional specializations allow students to focus on a specific area of interest and demonstrate their knowledge to companies. Depending on their chosen career path or employer, a specialty could give students an advantage in a competitive job market.
1. Analytics
2. Digital Strategy and Transformation
3. Entrepreneurship
4. ESG and Stakeholder Impact
5. Finance
Experiential Learning (Learn By Doing)
The Entrepreneurial Journey is an opportunity to develop a concept into a product or service and submit a proposition to a panel of venture capitalists for a monetary award.
Students will be able to build an interdisciplinary collaboration with Imperial scientists and design and post-doctoral students from around the College. In addition, they will have access to the Imperial Enterprise Lab for coaching and connecting with investors throughout their journey.
Projects: Students can choose from various projects focusing on using what they learned in the core courses and honing their teamwork abilities. Furthermore, during the summer term, they will complete an internship or individual project to prepare for the employment market.
1. Strategic Consulting Project
2. Analytics Project
3. Financial Consulting Project
4. Individual Project
5. Internship
Imperial Innovation Challenge: During this one-week learning laboratory, students will collaborate with Imperial College London academics to produce commercial solutions for global challenges with positive environmental and social consequences.
London Tech Trek: Using the unique central London location, students can go on a two-day tour of some of the city's finest tech companies. Participate in group presentations and challenges, developing educational rationales, approaches, and objectives centered on a certain theme.
Speaker Series: Students will participate in a lecture series with industry executives, as well as private seminars with Imperial College London experts on topics such as climate change, artificial intelligence, and Fintech.
Global Experiences
Students can travel to international destinations as MBA students to immerse themselves in new business environments.
Week of Global Experience: During Imperial MBA's Global Experience Week, students will learn about the obstacles that local firms confront in reaching a global market and how a country's business environment influences its reach.
Imperial current Full-Time MBA students will choose from the following three trips:
1. Brazil - How business can unlock the potential to boost productivity
2. Kenya – How business can scale while addressing the SDGs
3. Nordics (exact destination TBC) – How business can be transformed to tackle climate action
Global Exchange: By taking advantage of specialty electives at one of Imperial MBA partner institutions, students may broaden their international exposure and network through the optional Global Exchanges program. Up to half of the electives can be taken at a partner school.
Imperial School collaborates with some of the world's finest business schools, many of which are members of the Partners in International Management (PIM) network. The following are the partner schools:
1. Aalto University School of Business - Helsinki, Finland
2. HEC Business School - Paris, France
3. HHL Leipzig Graduate School of Management - Germany
4. National University of Singapore
5. Queen's University, Smith School of Business - Kingston, Ontario, Canada
6. Schulich School of Business - Toronto, Canada
7. Tsinghua University - China
8. Chinese University of Hong Kong - China
9. Esade Business and Law School - Barcelona, Spain
10. ESSEC Business School - Cergy-Pontoise, France (Awaiting updated factsheet)
11. Hong Kong University of Science and Technology - China
12. IE Business School - Madrid, Spain
13. NUCB Business School - Japan
14. School of Management, Fudan University - China
15. Universidad Torcuato Di Tella - Buenos Aires, Argentina
16. University of St Gallen - Switzerland
IB Global Electives: The IB Global Electives educate students on how to investigate contemporary global business issues from a local standpoint. These intensive four-day study abroad activities, led by Imperial College Business School faculty in partnership with partners in global locations, provide students who desire to enrich their academic curriculum with a stimulating experience.
Previous locations have included:
1. Houston, Texas, USA
2. Milan, Italy
3. Singapore
4. Tel Aviv, Israel
Leadership Experiences
LEADS (Leadership, Ethics, Awareness, Diversity, Society): The LEADS curriculum, which takes a holistic approach, continues all year and begins by offering students the tools to find and examine themselves.
Celia Moore, Professor of Organisational Behaviour and Co-Director of the Centre for Responsible Leadership, directs LEADS.
Personal Leadership Journey: Imperial Careers team's Personal Leadership Journey is designed to help students practice the important skills they’ll need as global professionals, and it includes workshops, introspective exercises, and one-on-one sessions. It will also allow students to create new relationships with leaders and professionals in the areas where they want to work.
Throughout the year, students work closely with their own personal career adviser to focus on three crucial areas:
1. Corporate communications and personal impact
2. Managing your career
3. Leading in a Complex and Connected World
Imperial MBA Application Process
To apply for the Full-Time MBA, students must have at least three years of continuous relevant full-time job experience after graduation. In addition, for application, students must have a valid GMAT or GRE score.
In addition, students must provide the following in support of their application:
1. Transcripts: Students must send electronic copies of their full degree transcripts and certificates (with English translations if appropriate) for any degrees or relevant professional qualifications they have earned.
2. Personal Statement: The personal statement allows students to tell us more about themselves and their purpose for pursuing this study. Each personal statement section is limited to 1500 characters (including spaces). The following questions are asked of students in the personal statement phase of the application:
a. Please share your motivation for undertaking this program.
b. What is your proudest non-academic achievement?
c. What would you contribute to the cohort and the Imperial community?
d. How would you use your degree to make a positive impact?
3. CV: Students must include a full and up-to-date curriculum vitae.
4. Career Planning Questions: In the career planning questions, students must show that they have thought about the type of employer they have shortlisted for their work post-MBA.
5. They must also demonstrate the necessary skills and experience to succeed in their chosen role.
6. Contact Details of Two Referees
7. Valid GMAT or GRE scores
8. English Language Test: If English is not the native language, they may be required to take an English language test. Students should upload a scanned copy of their English language certificate.
9. Application Fees: To apply, students will need to pay an application processing fee of $187.
Video assessment: After completing their application, students will be expected to provide a video assessment of their professional ambitions. After students have submitted a complete application, they will be presented with an assessment link and will have one week to complete it.
Interview: Students will be invited to a Skype or Zoom interview with an alumnus or member of the Admissions Committee if their application is successful. The interview will last about 30 minutes and take place during the interview week(s) for the application round to which they applied.
Final decision: The Admissions Committee will evaluate the application and performance following the interview. If candidates are successful, the school will issue them a conditional admission offer to the curriculum.
Students will be notified by email of the outcome of their application by the advertised decision date for the application round for which they applied.
Deadlines: The Imperial Full-Time MBA program has five application rounds with varying deadlines. The first round has a deadline of 26 September 2022, followed by round 2 with a deadline of 7 November 2022, round 3 with a deadline of 16 January 2023, round 4 with a deadline of 20 March 2023, and round 5 with a deadline of 15 May 2023. Prospective applicants should take note of the different rounds and their respective deadlines to ensure they submit their application on time for consideration into the Imperial MBA program.
| Imperial MBA | Application deadlines |
|---|---|
| 1 | 26 September 2022 |
| 2 | 7 November 2022 |
| 3 | 16 January 2023 |
| 4 | 20 March 2023 |
| 5 | 15 May 2023 |
Imperial MBA Scholarships and Financial Aid
All self-funded applicants are automatically considered for all scholarship programs if they match the qualifying criteria, entry conditions, and application deadlines.
If a student is offered an Imperial College Business School scholarship and then offered a greater award, the larger award will override the first and not be added to it.
Imperial College Business School scholarships are in the form of tuition fee reductions. As a result, if a student receives another scholarship that pays the full tuition cost directly to the College, they are ineligible for a Business School award.
Scholarships: Imperial College offers a variety of MBA scholarships based on factors such as merit, diversity, leadership potential, and more. These scholarships may cover some or all tuition fees, and the eligibility and application conditions may vary.
| Name of Imperial MBA Scholarship | Amount | Eligibility | Deadlines |
|---|---|---|---|
| Advisory Board Scholarship | Full tuition fee | Candidates who self-fund and demonstrate extraordinary academic merit and financial need | 16 January 2023 |
| Africa Regional Scholarship | Up to £25,000 | Applicants who are citizens of one of Africa's 54 countries | 15 May 2023 |
| Black Future Leader Award | 50% of the tuition fee | Applicants with a remarkable track record of leadership and leadership potential and self-identification as Black or mixed-race are encouraged to apply. | 16 January 2023 |
| Dean’s Impact Scholarship | £25,000 | This reward is available to all successful applicants. | 15 May 2023 |
| Forté Fellowships for women | 50% of the tuition fee | This prize is open to all successful female applicants to the Imperial Full-Time MBA who display exceptional leadership potential. | 15 May 2023 |
| Imperial Excellence Scholarship | Up to £15,000 | Candidates who apply before the final admissions round deadline and obtain a program offer will be considered automatically. | 15 May 2023 |
| LATAM Regional Scholarship | Up to £25,000 | Applicants who are residents of one of the 24 Latin American nations will be considered automatically. | 15 May 2023 |
| Reaching Out MBA (ROMBA) Fellowship | £20,000 | All successful applicants to the Imperial Full-Time MBA degree are eligible for this grant. | 16 January 2023 |
| Sainsbury Management Fellowships | £50,000 | To be qualified, students must meet specific requirements, including a first degree in engineering, allied technology, or science. | 11 April 2023 |
| Imperial Loyalty Bursary | 20% reduction in fees | Candidates with an undergraduate degree or a postgraduate Master's degree from Imperial College London are eligible for the bursary. | 15 May 2023 |
Loans: Following are the loans option available for Imperial Full-Time MBA students.
Lendwise: Lendwise is a specialty loan service focused on education finance for UK residents seeking to pay for postgraduate study at prestigious universities.
Low-interest rate loans: Individual banks, building societies, and other lending institutions provide study loans.
Postgraduate Master’s Loan: If students are UK or EU student who fits specific conditions, they can apply for the UK government's Postgraduate Master's Loan.
Prodigy Finance: Prodigy Finance provides loans to overseas postgraduate students attending the top business schools. Full-time students are eligible for the Prodigy Finance loan. Students can apply for the Prodigy Finance loan once the school has made them a formal offer.
US Federal Loans Scheme: The US Federal Loans Scheme offers a variety of loans kinds to help students with the expense of their studies.
Other Funding Options: Full-time MBA students can apply for various externally funded scholarships, including the AMBA scholarship and the Chevening Award.
• Association of Commonwealth Universities (ACU)
• Canadian Centennial Scholarship Fund
• Canada Memorial Foundation
• Canadian Bureau for International Education
• The Charles Wallace Trusts
• Google scholarships
• Indian Department of Higher Education
• Lanekassen
• The Leathersellers' Company
• Leverhulme Trade Charities Trust
• The Leverhulme Trust Study Abroad Studentships
• London Goodenough Association of Canada
• Public Service Commission (PSC) Scholarships
• The Schwab and Westheimer Trust: Education support for refugees
• Sir Richard Stapley Educational Trust
Imperial MBA Salary & Employment Trends
Notable companies such as Capco, Deloitte, HSBC, Microsoft, PwC, Uber Eats, and Zapp have recruited Imperial MBA graduates. At the same time, Amazon, Boston Consulting Group, and Ernst & Young have each hired multiple students.
One of the report's key highlights is the high percentage of graduates (76%) successfully changing sectors post-MBA, indicating the program's effectiveness in facilitating career transitions. The technology sector emerged as the most popular choice, with 39% of graduates entering this industry, followed by the consultancy (24%) and finance (21%) sectors.
A significant number of students (63%) changed their location post-MBA, with 79% securing employment in the UK and others opting to work worldwide. Regarding employment location, most graduates (79%) secured employment in the UK, with 10% in Asia/Pacific, 8% in Europe (excluding the UK), and 3% in North America.
In terms of salaries, the mean salary offered to Imperial MBA graduates is $100,695.
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