Lancaster University Management School

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Coordinates: 54°00′32″N 2°47′10″W / 54.009°N 2.786°W / 54.009; -2.786

Lancaster University Management School
LUMS logo
Established 1964
Type Business School
Dean Sue Cox
Undergraduates 2,268
Postgraduates 1,231
Location Lancaster, United Kingdom
Campus Semi-Rural
Website http://www.lancaster.ac.uk/lums/

Lancaster University Management School (LUMS) in Lancaster, England, is the world-ranked business school of Lancaster University. The School was established in 1964. A full range of subjects are taught, ranging from undergraduate degrees to postgraduate degrees including MBAs, PhDs and post-experience executive education. The Financial Times ranks Lancaster University's MBA programme the 71st in the world and 9th in terms of value for money (in 2012).[1]

Lancaster University Management School is one of only two business schools in the United Kingdom to have achieved a 6 star research rating.[2]

Reputation and accreditation[edit]

In 2010 Lancaster University was ranked in the top 10 of UK universities in all major national league tables (outlined in table below). LUMS is one of a small group of business schools in the world to have achieved triple accreditation[3]by the leading international business school accreditation organisations:

Lancaster University Management School

Rankings[edit]

Ranking Place Year
The Economist Global MBA Ranking[4] 79th Globally 2009
Forbes Top Non-U.S. One-Year Business Schools[5] 7th 2009
Financial Times Doctoral Programme Ranking[6] 5th in Europe, 3rd in UK 2010
The Times Good University Guide 10th in UK 2010
The Independent Complete University Guide[7] 8th in UK 2010
The Guardian University Guide 6th in UK 2010
QS World University Rankings[9] 47th in the world and 7th in UK for its Accounting and Finance programs 2013

Campus and facilities[edit]

Lancaster City Centre
Management School Hub

LUMS is one of the four faculties of Lancaster University and is situated on the university campus, south of the city of Lancaster.

Lancaster University Management School consists of a number of new buildings and facilities grouped together near the south end of the campus. The Hub area and atrium of the school opened in 2005 and is primarily a host to postgraduate studies. A new annex, The Carter Building, is scheduled to open in late 2010 and will expand the teaching space available to undergraduate students.

Organisational relationships[edit]

LUMS has worked in partnership with many companies to develop customised executive education. Partners have included: AstraZeneca, BAE Systems, Bass, British Airways, Pilkington, Rexam, Royal & Sun Alliance and Total. The School has worked with many public sector organisations including the NHS and The UK Cabinet Office. Through its Institute for Entrepreneurship and Enterprise Development it also provides business support and knowledge transfer for small and medium enterprises in England's North West region.

In 2005, LUMS partnered with Ernst & Young to offer an undergraduate degree in Accounting, Auditing and Finance, in which students undertake up to 18 months of paid work-experience with Ernst & Young, whilst being trained for a Chartered Accountant qualification. Several LUMS postgraduate programmes have modules designed and delivered by employers - these include Accenture, Deloitte, Cisco, IBM and SAP AG.

Academic profile[edit]

Eight subject areas exist within the Management School, including Accounting and Finance, Economics, the Institute of Entrepreneurship and Enterprise Development, the Management Development Division, Management Learning and Leadership, Management Science, Marketing, and Organisation, Work and Technology.

Research focus[edit]

Research at LUMS was ranked 3rd in the UK in the 2008 Research Assessment Exercise.[citation needed] This periodic review measures and compares all Higher Education Institutions in the UK and 95% of LUMS' research is considered to be of international quality or higher.[10]

Research is led by professors including Cary Cooper (Professor of Organisational Psychology & Health and Pro Vice Chancellor for External Relations) and Peter Checkland (Emeritus Professor and the developer of soft systems methodology (SSM) in the field of systems thinking).[11]

Research Centres at LUMS[edit]

  • International Centre for Research in Accounting
  • Centre for e-Science
  • Centre for Family Business
  • Learning and Skills Improvement Service
  • Gulf One Lancaster Centre for Economic Research (GOLCER)
  • Lancaster Centre for Forecasting
  • Lancaster China Management Centre (LCMC)
  • Lancaster Centre for Strategic Management
  • Lancaster Leadership Centre
  • Centre for Performance-Led HR (CPHR)
  • Centre for the Study of Technology and Organisation

Postgraduate study[edit]

LUMS delivers a wide range of taught and research courses, catering for continuing students and professional and executive training. Postgraduate students who study at LUMS are automatically made members of Graduate College.[12]

Undergraduate study[edit]

LUMS currently[when?] has 2,268 undergraduate students enrolled, all of which will have been assigned to a college of Lancaster University in their first year. Most programmes offer the capability to take part in an industrial placement year. It is argued that such placement- or internship-focused degrees enhance students' employability upon completion of degree programmes.[13]

Extra-curricular[edit]

A range of extra-curricular opportunities exist at LUMS, in addition to those available within Lancaster University. Each year, the School submits a number of teams into the UK IBM Business Challenge and is involved in numerous case competitions. In 2010, LUMSA was formed within LUMS which aims to unite and synergise the 8 Management School societies (part of the wider Lancaster University Students' Union) to enable greater student participation within the school.[14]

Study abroad and international exchanges[edit]

Lancaster University has an international exchange programme of which LUMS is an active member. Study Abroad Programmes enable students from one host university or institution to "swap" places with another from an alternative institution so that both may enjoy a new culture, setting and different approach to learning. Many of the undergraduate programmes at LUMS, including the BBA in Management and BSc Business Studies include the option to study abroad in the second or final year for periods ranging from a term to a year.

Study Abroad destinations available to Management School students include  United States,  Canada,  Australia,  New Zealand, Hong Kong &  China,  Netherlands,  Spain,  France and  Germany. Between 20 and 30 partner universities operate exchanges with Lancaster University at any one time. The option to study abroad is available to students on participating courses and involves a competitive selection process.

Notable alumni[edit]

Name Programme of Study Year Current Status
Antony Burgmans MA Marketing 1971 Chairman - Unilever
Gillian Merron BSc Management Science 1980 Held an MP seat for Lincolnshire and Minister of State for Public Health until May 2010.
Nahed Taher PhD Economics 2001 Founder and CEO - Gulf One Investment Bank
Ricky Wong BA Accounting & Finance 2002 CEO - Asia Media
Richard Allinson BSc Economics 1980 BBC Radio 2 Broadcaster
Richard Cousins MSc Operational Research 1981 CEO - Compass Group
Rob Holden BA Economics 1977 Former CEO - Crossrail (till 2011)
Randall Zindler MBA 1999 CEO - Medair
Gian Fulgoni MA Marketing 1970 Founder & Chairman - ComScore
John C. Hull MA Operational Research 1969 Professor of Derivatives & Risk Management - University of Toronto
W. Brian Arthur MA Operational Research 1967 Economist - Santa Fe Institute & Stanford University

See also[edit]

References[edit]

  1. ^ "Financial Times Global MBA Rankings 2012". Financial Times. Retrieved 2012-09-12. 
  2. ^ RAE 2008: Business & Management Studies
  3. ^ "Lancaster University Management School awarded prestigious AACSB International accreditation". Lancaster University Management School. Retrieved 2008-04-08. 
  4. ^ "The Economist Global MBA Rankings 2009". The Economist. 2009-10-14. Retrieved 2010-06-18. 
  5. ^ Badenhausen, Kurt. "Forbes Magazine Global MBA Rankings 2010". Forbes Magazine. Retrieved 2010-06-18. 
  6. ^ "LUMS PhDs Ranked 5th in Europe". Lancaster University Management School. Retrieved 2010-06-20. 
  7. ^ "UK University League Tables 2010". The Independent - Complete University Guide. Retrieved 2010-06-18. 
  8. ^ "UK University League Tables 2010". London: The Guardian - Good University Guide. 2010-06-08. Retrieved 2010-06-18. 
  9. ^ "QS World University Rankings by Subject 2012: Social Sciences & Management - Accounting & Finance". Archived from the original on 2012-07-04. Retrieved 2013-08-03. 
  10. ^ "The Research Assessment Exercise (RAE)- Business & Management Studies - December 2008". Lancaster University Management School. Retrieved 2010-06-28. 
  11. ^ Staff list, LUMS, University of Lancaster, UK.
  12. ^ Alumni profiles, LUMS, University of Lancaster, UK.
  13. ^ "Enhancing Graduate Employability: Embedding Employability into the Curriculum". Enhancing Employability NGO. Retrieved 2010-06-29. 
  14. ^ "IBM in new Partnership with LUMS Societies". Lancaster University Management School. Retrieved 2010-06-29. 

External links[edit]