My MBA Exp @ London Business School: Worth $400,000 + 2 Years?
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- Опубліковано 30 чер 2024
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Timestamps:
0:00 - The biggest move of my life
01:19 - Why MBA: Call of adventure
03:58 - What's LBS
04:58 - PRO: London is awesome
06:50 - PRO: Crazy diverse
07:59 - PRO: New friends
08:49 - PRO: Extracurriculars
11:47 - CON: Academic classes
12:43 - CON: Bubble
14:03 - CON: Stress
14:41 - Was it worth it? The verdict
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Sheng is a former tech strategist and a full-time decision-making consultant. Drawing from mind mapping, 1st principles, and practical business experience, he creates frameworks that help thousands of people and companies make informed decisions and refine their purpose. He founded Mind Map Nation, a mastermind group of lifelong learners dedicated to becoming creative critical thinkers and confident decision makers in a world that's increasingly chaotic and noisy.
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You did an epic job detailing the perspectives! Awesome video Sheng.
Sheng! I absolutely love hearing you tell this story! I know we really bonded over our “European Abroad” experiences as there’s a magic to that ‘other world’! Exposure to the mix of an international school too! That only GOING and connecting with can give someone true “emotional understanding” as you say! Talk about having “led a similar life path”- as you spoke about & revisited in one of your recent #SHORTs. Oooof ALL CONNECTED. That’s for sure!
Thank you Olivia for recognizing that and seeing me :) Not only the European part but also the Asian AND American experience too! I'm so lucky to have had these backgrounds and opportunities, many of which were gifted to me without anything done from my side.
Awesome video, thank you for giving a glimpse of what one awaits in such a prestigious program.
Great video. Thank you for sharing your thoughts. It is very valuable for people who are in the process of choosing a program and looking forward to this experience. Best of luck in your life!
Thanks for your making this video and sharing your perspectives, Sheng. I am doing the big move to London for the LBS MBA this summer and I really appreciated your advice at the end! This got me really excited!!
Best of luck! You are going to have a blast - I'm excited for you!
One of the better MBA experience videos - appreciate the honesty about your regrets as well! I'm right in the middle of interviewing so i'll give some more thought to what you mentioned at the end :)
You bring such a great perspective to the MBA, Sheng!
Hey Sheng, your video's really gives me so much positive vides.
So good to hear you just talk about your life, insights to your past life experiences; sharing these little tidbits of what you went through Sheng. Thanks, appreciated your work brother!
Thank you for your kind words my friend. I really appreciate that.
Thanks for this Sheng! Really shone a lot of detail on the school. I am choosing LBS and thanks for helping me make that decision!
No problem! LBS just gained another star :) Make the best use of it my friend.
Can I do my undergraduation from London business school
Thank you for sharing your experience it sounds amazing. I decided not to study an MBA, I found something I felt more passion about. I live in Montreal, Canada and I studied the Master in Human Systems Intervention in the Concordia University. And I agree with you it was a great experience, even that I was working full time at the same time. But I didn't pay that much, here in the province of Quebec the residents get an special fee. Hope all the best and keep having fun.
Love this Sheng!!
It was a joy to make it ;)
I completely agree. Having an MBA myself, I feel these overpriced programs are outdated, and business schools need to rethink the ROI, as they can’t squeeze students like they used to.
Hi Sheng, I love your videos! There are real insights in what you share. I’m a Londoner in the Oxford-London startup eco-system. Did you work for Balderton? If you did, I’d love you to a video about VCs what you liked and what you didn’t. What you say about the social connections is true. Although I didn’t do an MBA, I know quite a few Oxford Saïd MBA grads and they say the same. Thanks for doing these videos 🙏🏼
Thank you Julia! Oh how much I miss the London startup community :) Thank you for stopping by and dropping me this note. I did my summer internship at Balderton and have pitched to many VC's from the startup side. Happy to share those insights in a video if it is interesting/helpful!
Relate so much. Just left my previous job and community I’ve been apart of so long.
Took a new an entry level job at a tech company but trying to figure out where to go next.
Very interesting!
Thanks for sharing ur experience at LBS Sheng!! I’m currently planning on pursuing MBA and I realised I would want to be a part of something like this.
Go for it! You won't regret it :)
I did a lecture programme there when I was 17/18 years old and I had an amazing experience. Not sure if I’d attend the postgraduate university but it may be something I’d consider :)
Loved the video!!!
Thank you so much for your enthusiastic feedback! I'm thrilled to hear that you loved the video. It's always great to know that the content is resonating with viewers and providing value. If there are any specific topics or ideas you'd like to see covered in future videos, please feel free to share. Thanks again for your support.
Good talk. Thanks. toronto canada
Thank you! I'm so glad you enjoyed it. It's always great to see & hear from people all over the world! Toronto, Canada - a beautiful place! Your feedback means a lot to me, and it encourages me to keep sharing. If there's anything specific you found helpful or if you have any suggestions for future topics, I'd love to hear them. Thanks again for taking the time to comment!
Would like to know what is your opinion on the EMBA. If personal relationships was the most valuable asset you can gain from the FT MBA then an EMBA would not be worth the price ?
It depends on your goals (what role, industry, region) and what you're lacking (skills, education, background, connections, exposure). I did an in-depth decision making tree in this video: ua-cam.com/video/vrmtyucKyXs/v-deo.html. It might answer of your questions. There's also a quicker answer in today's video I just posted: ua-cam.com/video/PcFvIWVz9lM/v-deo.html. Also if the EMBA is paid for by your employer then it might be worth the price.
thanks for this video! i will be grateful if you answer me, I am in a high school and looking for universities and as i understand, LBS does not have Bachelor's degree and to be accepted to LBS i need to complete my Bachelor's degree in another university right?
Correct - it's graduate school only.
Insightful video but the entire time I’ve been tryna calculate how you came up with $400 000? Tuition is $132 492
Tuition + living expenses + opportunity cost of lost salary = total cost. I cover the equation and more here: ua-cam.com/video/vrmtyucKyXs/v-deo.html
Is it really a good investment by doing higher education? What mean is, will you get back the money that you paid for? Or are we putting ourselves into more debt that can take several years to pay it off and postpone our other plans like buying a house and starting a family?
Check out my deep dive on whether it's a good idea to get a MBA for that answer.
Hey man hope u doing good . Am from India a bcom hons in finance with ACCA . So after becoming a succuesful ACCA member & will mba in finance be good from lbs ?
LBS finance is one of the best in the world.
Very well narrated, thanks for sharing your experience, I have a question - I know it may sound silly, but how did the LBS MBA cost $400,000, because based on the brochure it is somewhere around GBP 100,000. It would be great if you could please let me know :)
I was wondering the same thing the entire video. In US$ LBS costs $132 492 based on £ to $ bank rates
@@terrencek7557 You have to factor in:
Lost salary + Cost of living in London + Expenses
@@sbIvanov i actually did but it’s hard to believe cost of living in London + expenses = US$267 508. But maybe you’re right. In all fairness maybe his expenses are more mine
@@terrencek7557 that is the thing, a good salary for two years is a lot of money! Don't discount where his job was before the MBA, as that is a highly important point!
2 years of 100k salary is half of the cost he associated in the video!
@@sbIvanov I see your point of view. Those are valid points you saying bro
400k before interest or after??
Why do you think, the diversity mattered ? Did it help you to get new efficient work perspective?
@ Sheng Huang why 400k, isn't it 100k ?
After LBS MBA .what was your pay if you joined in any company
$120k w/ equity options at a 10-person startup. My friends were paid much higher in big companies but I prefer the higher risk/reward of startups & the learning opportunities.
@@ShengHuang 120k per week ?!!
@@The_business_Podcast I’m sure he means 120k per year, 120k per week would be something else.
Definitely does not sound like it’s worth $400k to me
best excuse to breakup damn
Haha Nico it's a way though in retrospect, not the best way. We learn from our mistakes after all.
You had 400000 USD to invest at age 20+ ??!
He probably got student loans
It's actually opportunity cost + raw cost. I explain it in the cost section of this video: ua-cam.com/video/vrmtyucKyXs/v-deo.html. Yeah no way I have $400k to dump into a degree haha!
It sounded like that though, because you ommitted this point.
You’re kind of like me.
Would have made far more money just dumping $300k into bitcoin and ethereum
Aye if only eh?
What ? Why did you break up with your gf. Wasn't required
Looks like the MBA didn’t teach you to get to the point
Sometimes what you think is the point, isn't the point.
"The culture in London is great, I got stabbed by at least 4 differen't ethnic youths.I also learned what "give me your phone or die sounds like in 6 different languages!"
Namaskar Namaskar international business business companies development 2 MBA international business marketing strategy International Barso pandra so karod Business Development International India Gujarat minister savaliya Mahesh international business collaboration marketing MBA development International okay very much thank you welcome business
Are u on instagram?
Instagram - instagram.com/shengsilver :)