Hult International Business School

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Hult International Business School
HULT IBS Logo Outline Black.png
MottoThe Global Business School
TypeBusiness school
Established1964
PresidentStephen Hodges[1]
Students3,000
CampusLondon, UK
San Francisco, USA
Boston, USA
Dubai, UAE
Shanghai, China
New York City, USA
Hertfordshire, UK
AffiliationsAMBA
AACSB
EQUIS
Websitewww.hult.edu
Hult Emblem.jpg

Hult International Business School is a private business school with campuses in London, San Francisco, Dubai, Boston, New York City, and Shanghai. Hult, named for the school's benefactor Bertil Hult, is the successor of an American institution, the Arthur D. Little School of Management, founded in 1964 in Cambridge, Massachusetts, and of a British institution, the Ashridge Business School, founded in 1959 in Hertfordshire, England.[2]

Hult holds the prestigious Triple Crown accreditation from the three largest and most influential business school accreditation associations (AACSB, AMBA, and EQUIS), held by less than 1% of business schools worldwide, making Hult the only American business school to hold triple accreditation. Hult offers undergraduate, master's, and MBA degree programs, as well as executive education through the Ashridge Executive Education, housed on the Ashridge Estate, north of London.

The school is patron to the Hult Prize, the world's largest student competition for social good, which is held in collaboration with the United Nations Foundation and former U.S Presidents Bill Clinton and Barack Obama.[3][4]

History[edit]

American campus[edit]

The Arthur D. Little School of Management was founded in 1964 by Arthur D. Little, the world's oldest management consulting firm, in Cambridge, Massachusetts.[5] Originally developed as an executive management education program, the school began to grant degrees after receiving full accreditation by the New England Association of Schools and Colleges in 1976.[6][7] In 1996, the Arthur D. Little School of Management formed a partnership with Boston College's Carroll School of Management in order to share access to faculty and facilities.[8]

Hult Ashridge Executive Education program, housed in Ashridge House, is ranked in the UK's top 10 programs.[9]

British campus[edit]

In 1921, British Prime Minister Andrew Bonar Law acquired Ashridge House, in Hertfordshire, United Kingdom, through a trust, with the intent to establish a college at the estate. In 1929, Ashridge was formally established as the College of Citizenship with the backing of the Conservative Party, under the academic advisory of Arthur Bryant, famed English economic historian.[10] In 1959, the college was re-established as a school of management under the name Ashridge Business School.[11]

International business school[edit]

In 2002, Swedish billionaire and education advocate Bertil Hult purchased the Arthur D. Little School of Management, which resulted in the school's reorganization and reestablishment as Hult International Business School in 2003. Under its restructuring, Hult established a new curriculum oriented on international business, which led to the establishment of Hult's global campuses in Dubai (2008), San Francisco (2010), and Shanghai (2011).

Hult's San Francisco campus is located in the North Beach neighborhood, by Telegraph Hill.

In 2007, Hult acquired Huron University in London, a private American university located in London's Bloomsbury neighborhood, which subsequently was reestablished as Hult International Business School's London campus.

In 2014, Hult International Business School acquired and merged with Ashridge Business School, creating one of the largest business schools in the world.[12] After 2015, the two schools began operating as a singular entity, with the establishment of Ashridge Executive Education as Hult's executive program.[13]

The Economist Intelligence Unit, supported by Hult International Business School, launched the Business Professor of the Year Award in 2012.[14][15]

Campuses[edit]

Hult maintains 7 campuses across 6 countries: three undergraduate and postgraduate campuses (London, San Francisco, and Boston), four solely postgraduate campuses (Dubai, Shanghai, New York City), and one executive education campus (Ashridge Estate in Hertfordshire, United Kingdom).

Academics[edit]

Hult's London postgraduate campus is located in the Bloomsbury district.
Business School Rankings[16]
Global Graduate Rankings
The Economist - Master of Intl. Business 13
The Economist - MBA 43
The Economist - Executive MBA 50
Financial Times - Executive MBA 19
United States Graduate Rankings
Forbes - One-Year MBA 15
Bloomberg - International MBA 21
United States Undergraduate Rankings
Bloomberg - Business Schools 114

Hult's degrees are accredited by the British Accreditation Council of Higher Education and the New England Association of Schools and Colleges.

Hult holds the prestigious Triple Crown accreditation, meaning that it is part of the three major business accreditation associations in the world: the Association of MBAs (AMBA) from the United States, the Association to Advance Collegiate Schools of Business (AASB) from the United Kingdom, and the European Foundation for Management Development Quality Improvement System (EQUIS) of the European Union. It is the only American business school to hold triple accreditation.[17]

Hult also conducts business and market research out of its global research centers.[18][19]

Rankings[edit]

Ashridge's Executive Education was ranked #7 in "Best Custom Programs Globally" by Bloomberg Businessweek in 2013. In 2015, the programs were ranked #21 in "Best Executive Education Programs Globally, Combined Rankings" by the Financial Times.[20]

Hult Prize[edit]

The Hult Prize is hosted in cooperation with the United Nations Foundation and the Clinton Iniatiative.

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.[21] The Prize is a partnership between Hult International Business School, the Clinton Global Initiative, and the United Nations Foundation.[22] Until 2018, former U.S. President Bill Clinton would select the challenge topic and announces the winner each September, however beginning in 2018 former President Barack Obama will take over President Clinton's patronage and responsibilities.[23]

The best teams from each regional event advance to a global final, at which a single winning team is chosen. Bertil Hult provides a $1 million cash grant to help fund the winning solution.[24][25]

References[edit]

  1. ^ Beresford, Philip (19 April 2017). "How much will Brexit harm business schools?". Management Today.
  2. ^ Forbes - Ashridge Hult Offers Mindset Shift For Those 'Fed Up With Business School'
  3. ^ Hult - President Bill Clinton Announces Hult Prize
  4. ^ Queen Mary University - Hult Prize
  5. ^ The Economist - Hult International Business School
  6. ^ The Observatory on Borderless Higher Education - Arthur D. Little School of Management
  7. ^ "Arthur D. Little, Inc.: Exhibits: Institute Archives & Special Collections: MIT". libraries.mit.edu.
  8. ^ "Arthur D. Little, Inc.: Exhibits: Institute Archives & Special Collections: MIT". libraries.mit.edu.
  9. ^ Telegraph - Top Ten UK Business Schools
  10. ^ "A glimpse at the archives of a Conservative intellectual project". Contemporary British History, Volume 19, Issue 1. 2005. Retrieved 11 April 2014.
  11. ^ "Ashridge College". Rural Heritage Trust. Archived from the original on 5 March 2012. Retrieved 11 April 2014.
  12. ^ Financial Times - Ashridge and Hult International Announce Plans to Merge
  13. ^ "Governance". Ashridge.org.uk. Retrieved 5 June 2016.
  14. ^ "Archived copy". Archived from the original on 2012-12-23. Retrieved 2013-02-04.
  15. ^ "Archived copy". Archived from the original on 2013-02-15. Retrieved 2013-02-04.
  16. ^ Hult - Rankings & Accreditation
  17. ^ Business Because - Here’s How Hult International Business School Landed Triple Crown Accreditation
  18. ^ Handley, Cassandra (July 7, 2017). "Hult Real-time Research with Google and Ferrari: Behind the scenes". Hult News.
  19. ^ "Airbnb and Hult Collaborate on Groundbreaking Global Research Project". Hult News. December 7, 2016.
  20. ^ "Hult International Business School Rankings | Hult". www.hult.edu. Retrieved 2016-06-04.
  21. ^ "Hult Global Case Challenge Launches with Water.org". Triple Pundit. Retrieved 2010-12-16.
  22. ^ "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.
  23. ^ Queen Mary University of London - SBM Students Compete for $1 Million Hult Prize
  24. ^ "Innovation Excellence – Bill Clinton Favorites Hult Global Case Challenge". Archived from the original on 2012-10-04. Retrieved 2013-02-04.
  25. ^ "Matt Damons Charity Benefits From Global MBA Advice". Financial Times. Retrieved 2010-11-15.

External links[edit]

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