Louvain School of Management

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Louvain School of Management
LSM Logo
Former names
IAG - Institut d'Administration et de Gestion (1972 - 2005), école des sciences commerciales et consulaires (1897 -1972)
Motto Excellence and Ethics in Business
Type Public university
Established 1897
Dean Prof. Michel DE WOLF
Vice Deans Profs. Pierre SEMAL (Int), Benoit GAILLY (Corp), Patrick SCARMURE (Edu Mons)
Academic staff
55 (230 with associated and invited faculty)
Administrative staff
Postgraduates 1600
Other students
250 (further education)
Location Louvain-la-Neuve, Mons, Belgium[1]
50°40′06″N 4°36′45″E / 50.66831°N 4.61244°E / 50.66831; 4.61244Coordinates: 50°40′06″N 4°36′45″E / 50.66831°N 4.61244°E / 50.66831; 4.61244
Affiliations EQUIS, CEMS
Website lsm.be

The Louvain School of Management (LSM, formerly IAG) is the international business school of the Université Catholique de Louvain. The school is accredited by the European Quality Improvement System (EQUIS).[2][3] It is the Faculty of Management of the Université catholique de Louvain, in Belgium and the Belgian member of the Community of European Management Schools (CEMS).[4]

LSM offers Master Programs (Master in Management Science and Master in Business Engineering), a PhD Program in Economics and Management Sciences and Executive Education Programs, including an Executive Master Program in Business Administration.

The core faculty comprises 55 professors (all of them having a PhD degree), and around 150 additional professors from the corporate world. The school also includes a research and development department, the Louvain School of Management Research Institute with over 100 active PhD and Post-Doctoral researchers.


The Louvain School of Management was founded in 1897 under the name "école des sciences commerciales et consulaires" as a department of the University of Louvain. In 1972 it became the "Institut d'Administration et de Gestion" (lAG).[5][6]

In 1989 the School started to offer a systematic exchange program. It is a member since 1989 of the CEMS network and since 1990 of the PIM network.[7][8] It is also affiliated through the University to a large number of international corporate, research and education networks such as CLUSTER or COIMBRA.

In 2005 it became an autonomous part of the Universite catholique de Louvain and started to brand itself internationally as the Louvain School of Management. In 2006 it launched its International executive MBA. The School is EQUIS accredited since 2006. It became a faculty in 2010.

In 2011, LSM merged with the department of management of the Facultés universitaires catholiques de Mons (now UCL-Mons). So far, LSM is operating on two campuses: Louvain-la-Neuve and Mons.[9] Negotiations for a full merger with two other campuses, the Facultés Universitaires Notre-Dame de la Paix (FUNDP) located in Namur and the Facultés Universitaires Saint-Louis (FUSL) located in Brussels, were halted in 2012.

Academic programs[edit]

The Louvain School of Management offers the following main graduate programs in French or English:[10][11]

  • Master in Management Science (2 years)
  • Master in Business engineering (2 years)
  • Master in Management (1 year) (Master-after-Master or "Junior" MBA)
  • International Executive MBA (18 months)
  • PhD in Economics and Management Sciences (3 years)

The Master in Business Engineering and Master in Management include the following specialised tracks:

  • Master in International Management (CEMS MIM programme)
  • Master with one full year abroad (“International Business”)
  • Master with one year spent in a partner institution (Double Degree)
  • Master with a specialisation in entrepreneurship (“CPME”)

A one-year, 75 ECTS version of the Master in Business Engineering and Master in Management is also offered for foreign students with already a four- or five-year degree in management.

In addition, the school proposes elective modules in different fields: finance, marketing, European business, e-business, human resources, tax policy, accounting and control, supply chain management, logistics and transport, information systems, innovation management, technological project, environmental management, ...

Complementary and Executive Masters such as the International Executive MBA (IEMBA) or the Executive Master in Supply Chain Management are also offered.


LSM has a ranking with the Financial Times (in 2011, 22nd position worldwide for its Masters in Business Engineering and 1st position in Belgium).[12] It is also the only Belgian school to offer the CEMS Master in International Management Program (MIM) ranked n°2 worldwide by the Financial Times in 2011.


Research activities of the Louvain School of Management Research Institute are structured into five Centers of Excellence covering different sub-disciplines of management :

International Relations[edit]

LSM has a large network of academic partners in the world, it is notably part of the CEMS, Partnership in International Management (PIM) and the 'Consortium Linking Universities of Science and Technology for Education and Research' (CLUSTER) networks.

LSM also has established double degrees agreement universities abroad, including: The University of Cologne, The Aalto University School of Economics, EGADE and the Fundação Getúlio Vargas. Other agreements, aimed at reducing the length of the studies for an MBA program at these universities for LSM graduates, have been signed with the University of Chicago Booth School of Business and the Samuel Curtis Johnson Graduate School of Management at Cornell University.

LSM also offers an International Business track allowing a full year abroad by combining a one-semester academic exchange with a 6-months internship in a foreign company. Most LSM's Master students undertake at least one term abroad as part of their studies in one of the 150 different universities who have agreement with the school. As well, most of the students do an internship of 3 to 6 months.


The Louvain School of Management's alumni are grouped in the Alumni LSM association.[13] Amongst the 20 biggest Belgian companies quoted in the BEL20 index, 7 have their CEO and/or at least one member of the board who are alumni of the Louvain School of Management. Famous alumni are:

See also[edit]

External links[edit]