Wednesday, May 31, 2006

Another 2008 blogger!

It is quite incredible how many of the class of 2008 are already blogging, the MBA hasn't even started yet! I want to welcome a new classmate of ours, Karlitos from Barcelona, to the group of 2008 bloggers! The picture does not show him obviously ;-), just a random person on the Ramblas who I managed to take a photograph of during my Christmas vacation in Spain :-).


I am also trying to set up a get together of admits in Munich for mid June, let me know if any of you are around at the time of the football world cup!

Apart from that, I want to congratulate all the London Business School students who won the trophy at the MBA Olympics "MBAT" at HEC in Paris this weekend, I'm proud of you! Even the FT was proud enough to mention our sporting heroes!

Other than that, time is passing fast, little over four more weeks to go at work and there are lots of public holidays upcoming, my mood is slowly becoming enthusiastic (it seems like my mood is eerily synchronized with Al's)!
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Update from June 5th: in recent days, two more 2008 blogs have sprung up (at this rate half of the class will be blogging by September!). I want to welcome VJ from Amsterdam and Jorge & Dani from Sao Paolo to the LBS blogging community! Thanks to Patxi for the very appropriate logo on the left!

Thursday, May 25, 2006

Getting ready for the summer!

My return to to work after admits weekend has been surreal. First, I come in on Monday just to find out that my two team mates have fallen ill with scarlet fever. In fact, it turns out I had infected them the week before, since I went back to work after a few days of illness, thinking I had tonsilitis! Apart from that, the leadership seems to be a bit nervous and I had my partner shouting at me for some alleged wrongdoings. Do they think they can motivate me to work by shouting at me if I'm leaving in five weeks? I don't think so!

Luckily, today is a bank holiday and I get to plan my life after management consulting. I'll have about 6 weeks off before I move to London in mid-August, so here are my plans. For the first one or two weeks of July I don't have any plans, I'll just sleep and hang out, enjoying the summer in Hamburg, maybe going to the Hamburg beach at the harbour. Coincidentally, I finish work on June 30th and it's my sister's wedding on July 1st so I'll definitely have a great motivation to celebrate!

From July 10th to July 26th, I'm planning to take an intensive Russian course. I was happy to find out at the admits weekend they have extended their portfolio of languages offered and are offering Russian, Mandarin and Arabic next year in addition to the usual suspects. It seems the first two terms we'll have 4h per week so I'm very enthusiastic about that, it sounds like I will have a good chance of finally reaching some level of competency in Russian. I don't think I'll ever get such a great opportunity to learn a language again.

From July 26th to about August 10th, I want to go hiking somewhere sunny. I have had such an unhealthy lifestyle over the last two years that I really just want to be outdoors on the move all day for a long time, getting exhausted and breathing fresh air. Some days all I breathe is hotel air, taxi air, office air, airport air, airplane air... no wonder I'm constantly falling ill! So the two favourite options I'm considering are:

Hiking in Switzerland

I was going to go to Zurich anyway where two good friends from my old student days are doing their PhDs, so today I realised it wouldn't make much sense to go all the way to Greece, if I'm going to Zurich anyway I might as well stay there and go to the mountains from there. The good thing is my friend there goes hiking every weekend so she should be able to tell me all the best routes and nicest spots to enjoy lakes and mountains. I'm especially curious about the Italian part of Switzerland (see picture), since I only know the German part so far. This is my preferred option.


Surfing in Portugal

Somewhat less relaxing than hiking, the very exhausting option is to fly to Portugal and take a surf course. I learnt surfing in the Sopelana surf school near Bilbao and extremely enjoyed it (at least once I managed to stay on the board after catching the wave!) but haven't had the opportunity to surf since then. Surfing was much more exhausting than I had ever imagined, so that's exactly what I'm looking for. They even seem to offer surf courses where you do yoga on the beach every morning, a weird combination but also pretty cool!


What should I do? Maybe both?

Sunday, May 21, 2006

Admits weekend in London!

So, admits weekend is almost over! I'm sitting in the Lufthansa lounge and have an hour till my flight boards. Taking advantage of the fact that they have t-mobile hotspots at Heathrow airport, I'll give a short account to all those who couldn't make it, since I won't have time to write anything in the coming week (on a side note, a little trick for those of you who own a Blackberry with a flatrate: you can use t-mobile Hotspots for free anywhere if you choose "pay via mobile phone bill" rather than "pay by credit card" and then insert the number of your Blackberry instead of your actual mobile phone number :-) ).

First, the dinner on Friday night. We were greeted with a glass of champagne and slowly got talking to each other. About 100 people turned up, so in the end we were split up into two rooms. I got there quite early so I made sure to sit at a huge table with lots of people. I had a really good time, was seated between a guy from Amsterdam and one from Madrid, with a girl from India, a girl from the Philippines and a guy from Australia opposite me. We had a delicious 3 course meal, had great conversations and then slowly got up and mingled a little bit. I had the pleasure to meet Carlo who has been commenting on this blog and suspected that we work for the same company, and it turned out we do :-). I also met the people I had met at my first encounter with 2008 classmates. I also found out lots of people read my blog, which was very surprising! I have to be more careful about what I write from now on! :-). What amazed me the most was how excited people were about coming to London Business School, people had flown in from places as far as Tokyo and Toronto! There were even quite a few waitlisted candidates who showed up which was great, I do hope they get rewarded in the end, though unfortunately it has been communicated that attendance to the admits weekend wouldn't influence the LBS decision.

Saturday was a long, intense and great day! It started of with a long breakfast and we were greeted by the dean, the associate dean and the student ambassadors. Then we had a long list of lectures and sessions. Surprisingly, I especially enjoyed the Careers Services presentation. I was quite impressed by the quality of the Careers Services team. They told us that the woman in charge of investment banking careers had been the first woman to ever work on Wall Street and had 30 years of investment banking experience. So I guess she knows what she's talking about. "A day in the life of a student" was also quite a good insight into student activites and do's and don'ts. I was glad to be warned not to blurt out what I really thought about my job when I left because we would need to ask former bosses for 360° feedback for the orientation. So, all in all, lots of useful advice and plenty of time in between to chat with people.

At 5pm, lectures and sessions were luckily over, because I did get tired in the end. I woke up though when we all headed to the nearest pub, the Windsor Castle to enjoy a few drinks and talk to even more people! Afterwards, we had a short dinner and then got to the highlight of the evening: a gig in the cellar of the student bar by the student band (do they have a name?)!! They were really good and people were having lots of fun, people started stage diving already 3 minutes into the concert :-). I did wonder if they were from a different generation though with all those Guns n Roses and Jon Bon Jovi songs :-)! I must admit the current students were somewhat more active, while the admits were observing the scene wondering if we too would look like that next year :-). It struck me that soon I will enjoy student life again and became very happy. Bring it on!!! During the concert, I also had the great pleasure to talk a while to KV and the Divine Miss N, as well as Moe (I had met Wheels the evening before but somehow didn't bump into him again on Saturday, there were a lot of people there, I would say about 150 admits, 50 partners and around 30-40 current students from the class of 2007). What impressed me was how close the current students seemed to be, they seemed to be having a lot of fun. I don't know if I should really believe all this talk about how hard they work ;-)! They certainly looked like they were having a good time!

I probably don't need to repeat all those things that have been mentioned as advantages of London Business School. The diversity is impressive, there didn't seem to be any nationality over 10% of the class, I met people from Russia, Taiwan, Spain, Egypt, India, Malaysia, Italy, Canada, US, Pakistan and so on and so on, pretty cool! Also, talking to current students I enjoyed learning so much about potential careers, there were people from the UN, derivatives traders, lawyers, marketing executives, entrepreneurs and so on (though there is admittedly a large chunk of consultants and auditors!). But at least there seem to be plenty of people with unusual backgrounds. This was the reason I chose London Business School and it seems like it was definitely the right choice!

This morning, I attended the women's brunch at the Landmark Hotel, organized by the Women in Business Club. We were a rather small circle of about 30 women from the class of 2008 and 10 from the class of 2007, but this was also nice since the day before was a bit overwhelming and this was the chance to talk to less people in a more relaxed and quiet atmosphere for a longer time.

I didn't go to the afternoon's events. Instead, I went to my favourite restaurant in Chinatown, the Golden Dragon, to eat aromatic crispy duck with egg fried rice and drink jasmine tea. Afterwards, I took the chance to meet up with two of my sisters who happened to be in London this weekend in a pub near Green Park (how many "King's Arms" are there in London??), and then headed to the airport. And now it's back to work for another 5 weeks! This weekend was really helpful for me; on the one hand I'm even more excited about moving to London now, on the other hand I felt so inspired by all the people I met that I think I have the strength to work hard for another 5 weeks now, from now on time is going to pass like crazy!

Tuesday, May 16, 2006

No drinks for me!

The timing couldn't have been better: 6 days before the admits weekend, I caught a bad tonsilitis! So I have been in bed since Saturday. Yesterday I went to the doctor and since then I've been taking antibiotics. I have to take penicillin for the next 10 days and won't be able to drink any alcohol.

The good part is that I got to stay at home for two days longer and will only fly back to work tomorrow. Luckily I should also be fit enough on Friday to join the admits dinner and enjoy the rest of the weekend in London. The bad part is that I won't be able to drink alcohol which might reduce the fun a little bit at the dinner and the party on Saturday (especially as there are free drinks!).

I still look very much forward to the admits weekend and I'm sure I'll have enough fun just meeting lots of people. I just hope I will be well again by Friday.

Thursday, May 11, 2006

Admits Weekend here I come!

----------------------------------------------------------------
Dear Ms angel angie,

Thank you for your booking online. Below please find the detailed information regarding your online award booking. Please have this confirmation with you when checking-in for your flights.

Flight: LH4758
Date: May 19, 2006
Routing: Munich, Franz Josef Strauss
- London, Heathrow

Departure: 15:05
Arrival: 16:10
Cabin: Economy

We wish you a pleasant flight.
Your Miles & More Service Team.
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I just booked my flight to London for May 19th and I can't wait!!

Wednesday, May 03, 2006

LBS admissions statistics

R2 admits had to pay their commitment fee last week so now I can share the new yield and class of 2008 statistics.

I had mentioned in a previous post that yield in R1 was around 75%. In R2, yield was only 59%. I guess those who apply in R1 are the very very eager and loyal ones (like me :-) ), I really wanted to go only to LBS). So now overall 360 offers have been extended and 234 have paid the commitment fee (overall yield 65%).

There are now at least 70 spots left, and I'm sure some people won't pay their reservation fee in June so there might be 80-90 spots still left for R3 and R4 applicants. This is pretty encouraging, isn't it?

Female share is down to 26%, which is better than in recent years but less than it was among the total group of admits, so yield was lower for female students for some reason.

R3 offers will be extended soon and then more people will join the portal and also attend admits weekend. I can't wait to meet everyone!