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Bayes Business School at City, University of London

MBA Program Stats

Annual Tuition: £48,000

Annual Tuition Non-Resident: £48,000

Full-Time Enrollment: 50

Median GMAT: 654

International: 98%

Female: 54%

Male: 46%

Average Age: 30

What You Need To Know

With its location in the heart of the City — London’s financial district — and just a few minutes from Shoreditch, the center of London’s thriving start-up scene, it is natural that Bayes Business School at City, University of London has evolved to focus on entrepreneurship and innovation. Access to both of these sides of London gives students a “backstage pass” across the capital, with local businesses inputting directly into the program. Quite successful, Bayes Business School was recognised at 1st in the UK for Entrepreneurship for two years in a row now in Poets&Quants’ 2021 ranking — it was third in Europe, and 17th in the world.

“The Full-time MBA program, located in the center of the global financial and entrepreneurial hub of the City of London, offers an intense yet uplifting opportunity to explore the latest ideas, tools, and techniques to progress in our ever increasingly integrated and dynamic world,” says Professor Costas Andriopoulos, Associate Dean of MBA programs.

From 2002 to 2020, the School was named Cass Business School following a donation from the Sir John Cass Foundation, an educational charity. In July 2020, the University decided to remove the Cass name following consultation about the fact that some of Sir John Cass’ wealth was obtained though his links to the slave trade and that this was incompatible with City’s values of diversity and inclusion. Eight thousand community members took a vote, and the school is now named after theologian and mathematician Thomas Bayes, whose ideas suggest constantly adjusting how we think in accordance to new evidence — aligning with the schools’ core principles: We care. We learn. We act.

Academics And Programs

The first six months in the Bayes MBA program builds an understanding of different business themes, while the latter allows students to tailor the curriculum to their specific career goals. All in all, the 12-month program zips through core courses, a Strategy Project, International Consulting Week, and Professional Development Week.

A Business Mastery Project follows, which start-up-minded students can use to develop a product or formulate a business plan. Added to this is the opportunity to travel overseas for electives including an Innovation and Technology Study Tour in Israel and Palestine, and two in Silicon Valley — the Core of Entrepreneurship and Digital Innovation in Action.
Aside from the required curriculum, students have access to the £10 million Bayes Entrepreneurship Fund for high potential early stage businesses, access to a network of over 50,000 alumni, a Mergers & Acquisitions Research Center, career services professionals, and many student-led organizations and conferences.

The MBA is obviously not just for budding entrepreneurs — 21% of 2020 MBA graduates went into consulting, and 21% into financial services. The school says the entrepreneurial skills they learned on the MBA is useful in a corporate setting, too. And there’s always time to launch a start-up once those loans are paid off.

“It is our responsibility to push people to build and not just consume. Bayes MBA graduates are people who can think, lead and disrupt from within, be it in start-ups or bigger organizations” explains Costas Andriopoulos, who is also Professor of Innovation and Entrepreneurship.

There is also a focus commitment not only on new businesses that can make money, but ones that can “make lives better,” adds Andriopoulos. We focus a lot on purpose. We are looking a lot at the combination between getting a paycheck and at the same time doing good for the community or society.”

What is Bayes Business School looking for in an MBA candidate? “Curiosity, and using that curiosity to be creative,” says Andriopoulos. “To be team players, which means they have to have humility and ethics, to be analytical, to accept feedback, and we want people who want to stretch themselves.”

Admissions For Bayes Business School

Essay Questions For Bayes Business School

Why are you looking to undertake a Global MBA at Bayes Business School? (max 300 words)

The Global MBA will challenge you by offering a rigorous academic experience, global exposure, and the opportunity to immediately apply what you learn to your career. How will you approach balancing the demands of the EMBA with your professional and personal life while you are studying? (max 300 words)

(Optional) Please explain any extenuating circumstances which you would like the Admissions Committee to be aware of (e.g., unexplained gaps in your work experience, inconsistent academic performance, lack of undergraduate degree, choice of referees). You may also take this opportunity to share other defining aspects of your life that the Admissions Committee would not otherwise have learned from your application or CV. (max 300 words)

(Optional) What makes you a stand-out candidate for a scholarship? (max 300 words)

(Optional) If awarded a scholarship, how would you contribute to and engage with the Bayes community? (max 300 words)

School Features

P&Q 2021 40-Under-40: Oguz A. Acar, City University of London (Bayes)

'Open-minded, empathetic, joyful and curious he's always willing to listen to and offer solutions'

Rankings Data For Bayes Business School

Global Rankings 2019 2018 2017 2016 2015 2014
Poets&Quants 13 13 13 29 30 18
Financial Times 31 25 25 20 23 22
The Economist 32 26 26 17 21 23
BusinessWeek 14 38 28 NR NR 13
Forbes 15 12 12 NR NR 10