Hult International Business School

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Hult International Business School
Hult Logo 2013.jpg
Motto Get plugged in to the world
Established 1964
Type Business school
President Stephen J.Hodges[1]
Provost Mukul Kumar[2]
Students 2,250
Location Boston, USA
San Francisco, USA
London, UK
Dubai, UAE
Shanghai, China
New York, USA
Former names Arthur D. Little School of Management
Affiliations New England Association of Schools and Colleges (NEASC),
The Association of MBAs (AMBA),
British Accreditation Council
Website hult.edu
Hult International Business School is located in Earth
Hult Boston
Hult Boston
Hult San Francisco
Hult San Francisco
Hult Dubai
Hult Dubai
Hult London
Hult London
Hult Shanghai
Hult Shanghai
Hult campus locations

Hult International Business School (formerly known as the Arthur D. Little School of Management) is a business school with 5 campuses. In 2012, it graduated 2,000 students from its MBA, Executive MBA, Master and Bachelor degree programs.[3]

The school is accredited by the New England Association of Schools and Colleges[4] and the Association of MBAs.[5] The school has also been accredited by the British Accreditation Council of Independent Further and Higher Education.[6] Hult is a member of the Association to Advance Collegiate Schools of Business (AACSB).[7]

Hult is affiliated with the privately held company, EF Education First and is named after EF's founder, Bertil Hult.The school is incorporated as Hult International Business School, Inc., a non-profit organization under Massachusetts law.[8]

History[edit]

The institution was established in 1964 by Arthur D. Little Inc. as the Management Education Institute,[9] a subsidiary for training of business executives from developing countries,[10] modeled on the MIT Sloan School of Management. In 1976, the Arthur D. Little school was accredited by the New England Association of Schools and Colleges.[9]

In 1996, the school, then known as the Arthur D. Little School of Management, formed a partnership with Boston College's Carroll School of Management, giving it access to the college's facilities.[10] The following year the Arthur D. Little School of Management became an independent non-profit entity, with Arthur D. Little Inc. as its only shareholder.[10]

In 2002, after Arthur D. Little declared bankruptcy, Kaplan, Inc. initiated acquisition of the business school, renaming it the Concord School of Management.[11][12][13] In November 2002, Kaplan abandoned its acquisition plans. At the time, the school had 26 students.[14]

In 2003 Bertil Hult stepped in to financially support the failing school. Since then it has grown from its single Boston location to 5 campuses in San Francisco, London, Dubai, Shanghai and two rotation centers in New York and Sao Paulo. The school was renamed Hult International Business School after Bertil Hult, the founder of EF Education First.[3]

In 2005, after the accreditation of Hult's one year MBA program by the Association of MBAs(AMBA), Hult began opening new campuses. The Shanghai campus opened in 2007. The following year Hult became the first American educational institution officially approved in the United Arab Emirates[9] when its Dubai campus opened. In 2009, Hult acquired the former facilities of Huron University USA in London to open its London campus. Hult's San Francisco campus opened in 2010.[9]

London Undergraduate Campus

Rankings[edit]

Hult is ranked 31st in the world and 21st in the U.S. by The Economist[15] and 57th by The Financial Times.[16] The Economist has also ranked it 1st in Percentage Increase in Salary[17] Hult also recently ranks in the Financial Times top 10 for international business, international experience, and international mobility.

Rankings 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002

The Financial Times Global MBA Rankings

57[18] 65[19] 61[20] 94[21] 97[22] NR NR NR NR NR NR NR

The Economist Full-time MBA Ranking

59 31 [23] 29 [24] 27 [25] 44 [26] 31 [27] 39 [28] 33 [29] 22 [30] 00 [31] 43 [32] 00 [33]

Hult Prize[edit]

Hult International Business School is the lead sponsor of the Hult Prize (formerly Hult Global Case Challenge), an annual international case competition launched in 2010 that asks students to find solutions to global social challenges.[34] The organization is a member of the Clinton Global Initiative.[35] Teams from business schools around the world compete at one of five regional events to develop the best solutions to that year's social challenge.[36] The best teams from each regional event advance to a global final, at which a single winning team is chosen. Bertil Hult provided a $1 million cash grant to the partner NGO to help fund the winning solution in 2010, 2011 and 2012. In 2013 he will instead provide the same cash grant for the winning team to establish a new social enterprise.[37]

In 2010, the competition focused on education in partnership with One Laptop per Child.[38] The 2011 event partnered with Matt Damon's water.org to focus on provision of clean water.[39] [40] In 2012, Hult Prize partnered with Habitat for Humanity, One Laptop Per Child and SolarAid to address global poverty through the provision of education, housing and energy.[41] The 2013 event addresses the global food crisis.[42]

Former U.S. President Bill Clinton was the keynote speaker at the 2011 and 2012 final events.[43]

Business Professor of the Year Award[edit]

The Economist Intelligence Unit (EIU), supported by Hult International Business School, launched the Business Professor of the Year Award in 2012.[44] The award recognises professors who have challenged, influenced, and inspired students in business education.

The judging panel is composed of William Ridgers, Business Education Editor, The Economist; Peter Felix, President, The Association of Executive Search Consultants; Astrid Tuminez, former Vice-Dean of Executive Education, National University of Singapore; John Beck, Managing Director, Hult Labs; and Adrian Wooldridge, Management Editor, The Economist.[45]

References[edit]

  1. ^ [1], Hult International Business School website
  2. ^ [2], Hult International Business School website
  3. ^ a b http://www.bostonglobe.com/business/2013/02/03/founder-bertil-hult-sees-education-first-breaking-down-global-barriers/KK6hpFwDqvocR73w0Xf9jO/story.html
  4. ^ http://cihe.neasc.org/about_our_institutions/roster_of_institutions/details/10202
  5. ^ http://www.mbaworld.com/MBAWorld/doShowBusinessSchool.action?editbusinessSchoolId=1084
  6. ^ http://www.the-bac.org/colleges/directory/ukdirectc.pl
  7. ^ Hult International Business School profile, AACSB International website, accessed September 19, 2010
  8. ^ The Official Website of the Attorney General of Massachusetts, Financial Statements of Hult International Business School 2008, retrieved 2010-September-19
  9. ^ a b c d History and Mission, Hult International Business School website
  10. ^ a b c Arthur D. Little, Inc., FundingUniverse website, accessed November 9, 2009
  11. ^ Kaplan to Acquire Boston's Arthur D. Little School of Management, Knight Ridder/Tribune Business News, August 17, 2002
  12. ^ Arthur D Little School of Management - world’s only example of an accredited corporate university - sold to Kaplan after bankruptcy of parent company, The Observatory on Borderless Higher Education, November 10, 2002
  13. ^ Bigger consultancy, bigger B-school
  14. ^ Krasner, Jeffrey (7 November 2002). "Kaplan ends deal for Concord School; New Partner to be Sought for http://www.hult.edu/en/request-brochure/ that had Ties to Little". The Boston Globe. Retrieved 12 October 2012. 
  15. ^ "Which MBA?". The Economist. 
  16. ^ "Global MBA Rankings 2013". Financial Times. 
  17. ^ "Which MBA? hult-international-business-school". The Economist. 
  18. ^ "Global MBA Rankings 2013". Financial Times. 
  19. ^ "Global MBA Rankings 2012". Financial Times. 
  20. ^ "Global MBA Rankings 2011". Financial Times. 
  21. ^ "Global MBA Rankings 2010". Financial Times. 
  22. ^ "Global MBA Rankings 2009". Financial Times. 
  23. ^ "The Economist's 2012 Which MBA? MBA Rankings". The Economist. 
  24. ^ "The Economist's 2011 Which MBA? MBA Rankings". The Economist. 
  25. ^ "The Economist Which MBA? 2010 Rankings". The Economist. 
  26. ^ "The Economist 2009 MBA Ranking". The Economist. 
  27. ^ "Hult International Business School". The Economist. 
  28. ^ "EIU Global Top 100 MBA 2007". The Economist. 
  29. ^ "EIU Global Top 100 MBA 2006". The Economist. 
  30. ^ "EIU Global Top 100 MBA 2005". The Economist. 
  31. ^ "EIU Global Top 100 MBA 2004". The Economist. 
  32. ^ "EIU Global Top 100 MBA 2003". The Economist. 
  33. ^ "EIU Global Top 100 MBA 2002". The Economist. 
  34. ^ "Hult Global Case Challenge Launches with Water.org". Triple Pundit. Retrieved 2010-12-16. 
  35. ^ "CGI Members Made Nearly 300 New Commitments To Address Global Challenges; Since CGI Launched, Commitments Worth $63 Billion Have Improved the Lives of Nearly 300 Million People in More Than 170 Countries". Clinton Global Initiative. Retrieved 2010-09-23. 
  36. ^ "Matt Damons Charity Benefits From Global MBA Advice". Financial Times. Retrieved 2010-11-15. 
  37. ^ http://www.innovationexcellence.com/blog/2012/09/24/bill-clinton-favorites-hult-global-case-challenge/
  38. ^ "Top Business Students to Compete for Innovative Solution to Educate 2 Billion Poor Kids". Chinastakes.com. Retrieved 2010-02-25. 
  39. ^ "Revolutionizing the way to make safe wate available for everyone". 
  40. ^ "Matt Damon's Water Charity To Receive $1 Million Dollars". Looktothestars.org. Retrieved 2010-11-23. 
  41. ^ http://www.forbes.com/sites/calebmelby/2012/04/30/hult-global-case-challenge-is-changing-the-social-business-paradigm/
  42. ^ http://www.hultprize.org/en/prize-2013/prize-2013/
  43. ^ "Bill Clinton Keynote Speaker for Hult Challenge". water.org. Retrieved 2010-01-11. 
  44. ^ http://businessprofessoraward.com
  45. ^ http://businessprofessoraward.com/competitions/business-professor-of-the-year/pages/judges

External links[edit]

Coordinates: 42°22′10″N 71°04′25″W / 42.36944°N 71.07361°W / 42.36944; -71.07361