Q) What are your post-MBA goals and how will your prior experience and the London Business School programme contribute towards these? (500 words)
Profile (Background): As a Colombian native, Miss C has extensive consulting experience in Latin America, the Middle East, and Europe. With a passion for sustainability and financial inclusion, she has advised the government on creating a forum where FinTech companies and regulators engage in meaningful communication and expand the reach of digital payment systems to the underserved, particularly women micro-entrepreneurs.
Essay Approach: “Why LBS MBA?”
Miss C has experience in engaging with diverse stakeholders, but she wants to formalize her consulting experience into a framework where she could offer strategic guidance to governments, businesses, and non-profits to achieve social impact goals.
Coming from a family that owns coffee farms, she is also aware of the impact of climate change on yield and the importance of integrating sustainability practices across industries and functions. By sharing her intention of offering consulting in sustainability practices, Miss C expands her post-MBA goals to two niches: Fintech and sustainability.
Essay Planning
Problem: Miss C, who has experience offering consulting solutions for social impact projects, wants to gain a formal education to offer consulting solutions in Financial inclusion and sustainability.
Problem (Explained): The increase in access to microcredit in Latin America for women entrepreneurs is impressive, but there is a $93 billion shortfall that can only be improved by expanding the credit market for the unbanked.
Feasible Goals: Social IMPACT Consulting
Short-term Goal: Improve financial inclusion for women micro-entrepreneurs in Latin America
Long-Term Goal: To integrate sustainability practices across industries and functions
LBS’ Strength: London Business School’s tailor-made strategy consulting courses, Global Business Experience in Africa, and LondonCAP experiential learning to apply consulting experience to local ventures.
Opener: I started with a fact statement to highlight the scale of the challenge – offering financial products for women micro-entrepreneurs in Latin America.
Strategy: I have presented the scale of the problem through the first two paragraphs and prioritized financial inclusion as the primary focus. While integrating LBS MBA experience and curriculum to overcome skill gaps, I have also highlighted Miss C’s experience in sustainability through her family business.
The transition to sustainability was essential before highlighting the value of her experience for LondonCAP.
Sample LBS MBA Essay: Post-MBA Goals – Empowering Microentrepreneurs in Latin America (498 Words)
Women in Latin America constitute 60% of the informal workforce in the region. Out of necessity, many women start small and medium enterprises (SMEs), generating 67% of the jobs in the region.
While access to microcredit has grown, women-led micro-enterprises face a $93 billion funding deficit. When we engaged with the government of Colombia, they were in the middle of implementing a fast payment system (FPS) ..
With an LBS MBA, I want to explore cultural misalignment and incentive structures through the Strategy Execution Course...
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