London Business School

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Not to be confused with the London School of Business & Finance
London Business School
London Business School logo.gif
Motto To develop insights and leaders that have impact
Established 1964
Type Public business school
Endowment ~£65.4 m (2014)[1]
Chancellor HRH The Princess Royal (University of London)
Dean Sir Andrew Likierman
Postgraduates 2,000
Location London, England, UK
51°31′35″N 0°09′39″W / 51.52639°N 0.16083°W / 51.52639; -0.16083Coordinates: 51°31′35″N 0°09′39″W / 51.52639°N 0.16083°W / 51.52639; -0.16083
Campus Urban
Colours
               
Affiliations University of London, AACSB, EQUIS, AMBA
Website www.london.edu
London Business School

London Business School (LBS) is a business school and a constituent college of the University of London, located in central London, England, United Kingdom. It was established in 1964, after the Franks Report recommended the establishment of two business schools, as part of existing universities (London Business School and Manchester Business School), but with considerable autonomy.[2] It has collaborations with the nearby University College London and the Modern Language Centre at King's College London. In December 2006 launched its operations in Dubai, which include an executive MBA degree and Executive Education programmes.

LBS offers various academic programmes including the Masters of Business Administration (MBA and EMBA), Sloan Fellowship for experienced business executives (MSc), Masters in Finance (MiF), Masters in Management for students with up to two years of work experience (MiM), PhD, and non-masters classes for business executives.

Over 1,800 degree students from 130 countries graduate from the School each year.[3] A further 7,400 executives attend the School executive education programmes each year. The School has over 35,000 alumni in more than 135 countries, organised through 65-plus alumni clubs.[4]

London Business School holds the European Foundation for Management Development Equis accreditation as well as that of the AACSB. The MBA, Executive MBA, Sloan Masters in Leadership and Strategy, and Master's in Management programmes are accredited through AMBA.

Campus[edit]

The LBS campus is located in Marylebone, on the perimeter of Regent's Park and a short walk from Baker Street underground station. The main building, projected by John Nash along with the entire area of Regents Park, was originally built as 26 terraced houses in 1822-23.[citation needed] There are ten pointed cupolas along the roofline. The façade is adorned with Corinthian columns.

LBS maintains a number of facilities, including a sports centre, a restaurant, three cafes and library, that are dedicated for the exclusive use of its community. A privately run pub, The Windsor Castle, is also attached to campus. Most classrooms for the MBA are located in the Sainsbury Wing, the centre of the terrance, most of which are 100-student amphitheatre rooms with approximately five rows in a semicircle.

There is no accommodation on campus for students in full-time programmes, although there are rooms on-campus for visiting faculty and executive education participants. Most students choose to live in nearby private residential buildings or in students halls of residence such as the International Students House, London.

LBS is planning on expanding its campus in central London. The business school is in the process of redeveloping the Old Marylebone Town Hall into classrooms and offices.[5]

Programmes and Rankings[edit]

Full-time MBA[edit]

Business School Ranking
Worldwide MBA
CNN Expansion[6] 6
Financial Times[7] 3

The school's flagship programme is its flexible 15-21 month Master of Business Administration degree. MBA students take a prescribed set of core courses then choose from roughly 70 different electives. Class size has been around 400 students in every annual cohort. These are broken into 5 streams of around 80 students who take all core courses together. The school is extremely proud of the international diversity of each annual cohort with over 95% of students coming from outside of the United Kingdom. Also, each MBA class has roughly 33% women.

Beyond academics, the school puts an emphasis on personal development, particularly leadership and global awareness, thanks to specific workshops led by external consultants. In addition to a range of elective courses at the London Business School, the school has a very wide network of around 32 exchange schools around the world. Each academic year around 100 London Business School students spend a term at another leading business school.

LBS is widely considered a top 10 business school in the world and consistently ranks as one of the top 2 business schools in Europe. In its 2014 ranking, Financial Times ranked LBS #3 just behind Harvard Business School and Stanford Graduate School of Business [8]

Among non-U.S. programmes, LBS was ranked #1 by Bloomberg BusinessWeek in 2012,[9] #3 by The Economist in 2012,[10] #1 by Financial Times in 2012,[11] #1 by Poets & Quants in 2011, 2012, and 2013,[11] and #1 non-US 2-year MBA by Forbes in 2011, 2012, and 2013 [12]

In the QS Global 200 Business Schools Report, LBS ranked in the top 10 in all categories (corporate social responsibility, entrepreneurship, finance, information management, innovation, international management, leadership, marketing, operations management, and strategy) in 2013 and 2014.[13]

International Exchange Programme[edit]

The MBA Programme at London Business School has one of the world's largest international exchange programmes. Each year approximately 35 per cent of second-year MBAs spend a term abroad at one of over 30 partner schools, including NYU Stern School of Business, IESE Business School, Booth School of Business of The University of Chicago, The Wharton School of the University of Pennsylvania, UCLA Anderson School of Management, the MIT Sloan School of Management, Tuck School of Business at Dartmouth College, Columbia Business School, Kellogg School of Management at Northwestern University, Haas School of Business at UC Berkeley, McDonough School of Business at Georgetown University, Indian School of Business among others.

Executive MBA programmes[edit]

London Business School courtyard in snow

The school offers four part-time Executive MBA degrees, which are completed in between 16 and 20 months. At an academic level, the school offers the same degree to both Executive and Full-time MBA students. The programmes involve very similar core courses to the full-time MBA, international field work and a wide range of elective courses. The course ends with a capstone together with company project or management report.

  • Executive MBA (London).[14] The programme provides a solid foundation in all areas of business and management, and the flexibility to specialise.
  • Executive MBA (Dubai). The programme begins with an orientation week in London. Following this, students take 10 core modules, which are taught in a four or five-day block each month in Dubai. Students then undertake electives, which are primarily offered in London, and an international assignment. Two additional core modules take place in London.
  • EMBA-Global Americas and Europe. A further 140 executives are enrolled in the dual-degree EMBA-Global Programme. It is taught in partnership with Columbia Business School. Graduates are awarded degrees from both universities. The first year involves week-long modules each month alternating between London and New York. In the second year, students select from the full range of electives available at the participating schools.
  • EMBA-Global Asia. London Business School launched this programme in 2008 jointly with Hong Kong University and Columbia. Teaching takes place at all three business schools. While the first year is modelled on the transatlantic EMBA-Global, the school states that because "EMBA-Global Asia is designed for people who have or will have significant trans-national responsibilities, all courses reflect a greater proportion of global material".[15]

Sloan Masters in Leadership and Strategy[edit]

The Sloan Fellowship at London Business School was established in 1968 and is a master's degree programme designed for senior executives, accomplished professionals and entrepreneurs with significant experience of decision-making at strategic levels.[16] The admission process is highly competitive and selective. On average, Sloan Fellows already have 15 years of management experience when being admitted to the programme. A typical class is highly diverse and includes attendees from 13-23 different countries.[17]

This 12-month, full-time Masters degree programme focuses on strategy, leadership and change, and globalisation.Besides London Business School, the Sloan programme runs at Stanford Graduate School of Business and the MIT Sloan School of Management.

Masters in Finance[edit]

The School offers a "Master's in Finance" ("MiF") programme[18] on both a part- and full-time basis. Taught by London Business School's finance faculty, students gain thorough grounding in the principles and practice of finance including financial economics, asset pricing and capital markets, financial analysis and corporate finance. Around 120 students attend the full-time programme, while 150 attend the part-time degree. The average GMAT score of successful applicants for the full-time master's in finance is around 700. In 2011, 2012 and 2013, it was ranked as the #1 Masters in Finance (post-experience) programme in the world by Financial Times.

Masters in Management[edit]

The Masters in Management (MiM) is a one year masters degree in management aimed at recent graduates who have less than one year of full-time postgraduate corporate work experience or less than two years of experience in a non-traditional business role. The programme aims to provide a strong foundation in all areas of business knowledge as well as the practical skills demanded by top graduate recruiters.

The programme is completed as a series of compulsory modules with lectures, workshops, guest speakers, case studies, and group and individual project work.[19]

Executive Education[edit]

Around 8,000 executives attend the School's non-degree programmes each year. The School offers a portfolio of 31 Executive Education programmes in general management, strategy, leadership, marketing, human resources and finance. [20] These programmes are split into two main areas, open programmes and custom programmes:

London Business School offer Open Programmes for individuals in General Management, Strategy, Leadership, Marketing, Human Resources and Finance.[21]

Additionally, The Centre for Management Development (CMD) at London Business School designs and delivers Custom Programmes for groups of executives in organisations around the world. The programmes are based on requirements and strategic business objectives to create the correct method of learning.[22]

Research[edit]

The school's 150 faculty work through 16 research centres or institutes.[23] London Business School announced that the research centre for women in business is going to close in June 2009, should no corporate sponsor be found.[24]

PhD programme[edit]

London Business School offers a 5-yr based full-time PhD programme. It supports 60 fully funded PhD candidates in seven doctoral programmes: Accounting, Economics, Finance, Management Science & Operations, Marketing, Organisational Behaviour, and Strategic & International Management.[25]

London Business School Energy Club[edit]

The Global Energy Summit is the London Business School Energy Club’s annual flagship event, providing an unrivalled forum for political, academic and business thought-leaders to explore and debate their ideas on the future of the energy industry. Pressing geo-political and market dynamics are discussed by energy leaders with frontline perspectives on the interplay between global energy corporations, sustainable energy innovators and government agencies. In 2012 the summit attracted over 300 attendees.[26]

Notable people[edit]

Notable faculty and staff[edit]

Notable alumni[edit]

See also[edit]

References[edit]

  1. ^ "The Campaign for London Business School". London Business School. Retrieved 2014-07-16. 
  2. ^ "AIM25: London Business School: Administrative Records". London Business School. Retrieved 2007-06-16. 
  3. ^ "Students at London Business School". London.edu. 2010-09-27. Retrieved 2013-07-17. 
  4. ^ "Alumni, London Business School". London Business School. Archived from the original on 2007-12-13. Retrieved 2008-01-11. 
  5. ^ http://www.london.edu/newsandevents/news/2013/09/Landmark_%C2%A325_million_gift_for_London_Business_School%E2%80%99s_Old_Marylebone_Town_Hall_1695.html
  6. ^ "Ranking:Los Mejores MBA en el mundo 2013". CNN Expansion. 2013. Retrieved 2013-07-11. 
  7. ^ "Global MBA Rankings". Financial Times. 2014. Retrieved 2014-02-11. 
  8. ^ "Global MBA Ranking 2014". Financial Times. 2014-07-16. Retrieved 2014-07-16. 
  9. ^ "Top International Business School Rankings: MBA, Undergrad, EMBA & Online". Businessweek. 2013-07-11. Retrieved 2013-07-17. 
  10. ^ Stay informed today and every day. "Which MBA?". The Economist. Retrieved 2013-07-17. 
  11. ^ a b 1. London Business School. "London Business School". Poets and Quants. Retrieved 2013-07-17. 
  12. ^ Symonds, Matt (2012-11-29). "The Best Business Schools of 2012 - The Ranking of MBA Rankings". Forbes. Retrieved 2013-07-17. 
  13. ^ "Corporate Social Responsibility MBA Ranking". Topmba.com. 2014-07-16. Retrieved 2014-07-16. 
  14. ^ London Business School website, http://www.london.edu/programmes/emba/whoistheexecutivembadesignedfor.html, retrieved 3 Feb 2014
  15. ^ "What is the difference between EMBA-Global Asia and other Executive MBA programmes?". London Business School. Retrieved 2009-06-24. 
  16. ^ "Sloan Masters in Leadership and Strategy". London Business School. Retrieved 2009-06-23. 
  17. ^ "Who is the Sloan programme designed for? | London Business School". London.edu. 2010-09-27. Retrieved 2013-07-17. 
  18. ^ "Masters in Finance". London Business School. Retrieved 2009-06-23. 
  19. ^ "Masters in Management Programme Detail". London Business School. Retrieved 2009-06-23. [dead link]
  20. ^ http://www.london.edu/programmes/executiveeducation.html
  21. ^ "Open Programmes at London Business School". London Business School. Retrieved 2001-01-28. [dead link]
  22. ^ "Custom Programmes at London Business School". London Business School. Retrieved 2001-01-28. [dead link]
  23. ^ "Research activities: London Business School, Faculty & Research". London Business School. Archived from the original on 2007-05-26. Retrieved 2007-06-16. 
  24. ^ "End of research on women on MBA Channel". London Business School. Retrieved 2009-06-04. 
  25. ^ "PhD: London Business School, Programmes". London Business School. Retrieved 2007-06-16. 
  26. ^ London Business School Energy Club
  27. ^ "Jim Ball". Faculty Profiles. London Business School. Retrieved 25 March 2013. 
  28. ^ "Suleyman Basak". Faculty. London Business School. Retrieved 25 March 2013. 
  29. ^ "Richard Portes". Faculty Pages. London Business School. 1 December 2011. Retrieved 25 March 2013. 
  30. ^ "Ashley Almanza". Businessweek. Retrieved 17 March 2014. 
  31. ^ Ronald D. Boire. "Ronald Boire: Executive Profile & Biography - Businessweek". Investing.businessweek.com. Retrieved 2013-07-17. 
  32. ^ "Biography - Manchester United Official Web Site". Ir.manutd.com. Retrieved 2013-07-17. 
  33. ^ "Management Team". Workway. Retrieved 2013-07-17. 
  34. ^ a b "Global Advisory Council | London Business School". London.edu. 2010-09-27. Retrieved 2013-07-17. 
  35. ^ Timothy W. Faithfull. "Timothy Faithfull: Executive Profile & Biography - Businessweek". Investing.businessweek.com. Retrieved 2013-07-17. 
  36. ^ "The Lovemarks Company - Richard Hytner". Saatchi.com. Retrieved 2013-07-17. 
  37. ^ "Dyfrig John | Wales Millennium Centre". ZoomInfo.com. Retrieved 2013-07-17. 
  38. ^ "Parliament of Uganda". Parliament.go.ug. Retrieved 2013-07-17. 
  39. ^ Christopher J. O'Donnell. "Christopher O'Donnell: Executive Profile & Biography - Businessweek". Investing.businessweek.com. Retrieved 2013-07-17. 
  40. ^ [1][dead link]
  41. ^ Allergan. Allergan (1998-01-01). Retrieved on 2013-08-12.
  42. ^ http://www.jsc.nasa.gov/Bios/htmlbios/kopra-tl.html

External links[edit]