London Business School
Encyclopedia
London Business School is an international business school
and a constituent college of the federal University of London
, located in central London, beside Regent's Park
. LBS teaches postgraduate programmes in finance and management, in addition to its flagship Master of Business Administration
(MBA and EMBA) program, it also offers the Sloan Fellowship Program for experienced business executives, a Masters in Finance (also known as MiF, a finance specialist programme), a Masters in Management for students with less than a year's work experience, a PhD, as well as non-masters programmes for business executives.
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. It has close 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 is often ranked among the top business schools in Europe, and among the top 10 business schools in the world. In 2011, London Business School was ranked number one in the world for its MBA programme by the Financial Times
for the third year in a row. In 2009 the school shared this ranking with The Wharton School of the University of Pennsylvania
. The school's admissions process is highly selective, making it one of the most competitive business schools in the world. A high GPA, high GMAT score, and strong non-quantitative credentials are typically prerequisites to admission. Successful applicants for the full-time MBA have an average GMAT score of 701.
Over 1,000 degree students from 130 countries graduate from the School each year. A further 3,000-plus executives attend the School executive education programmes each year. The School has over 28,000 alumni in more than 120 countries, organised through 65-plus alumni clubs.
London Business School holds the European Foundation for Management Development
Equis
accreditation as well as that of the AACSB
. The MBA
and Sloan Fellows
hip MSc programmes are accredited through AMBA
.
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. 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, two cafes and library, that are dedicated for the exclusive use of its community. A privately run pub 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 programs, 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
.
degree. MBA students take a prescribed set of core courses, then choose electives from a choice of 70. Class size has been around 400 students in every annual cohort, with a total of 800 students on the 15-21 month MBA. These are broken into five streams of around 80 students which undertake all core courses together. The school is proud of the diversity of the student body and the 2008 intake - graduating in 2010 - consisted of 320 students from 60 nations with 25 per cent female and only 9 per cent from the UK (20 per cent from North America).
Beyond academic teaching, the school puts an emphasis on personal development, particularly in terms of 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. London Business School's diverse graduates come from 130 different countries and from a wide range of professional backgrounds. After the completion of the MBA programme, graduates accept top positions with major recruiters across Industry, Finance and Consulting sectors all around the world.
Top Recruiters:
In global rankings for 2011, LBS was ranked #1 by Financial Times
, #2 by América Economía
, #3 by CNN Expansion
, and #13 by The Economist
. Among non-U.S., one-year programmes for 2011, LBS was ranked #1 by Forbes and #5 by Bloomberg BusinessWeek.
of the 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
, Northwestern University
, Indian School of Business
among others.
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.
hip at London Business School was established in 1968 and is a master's degree
program designed for senior executives, accomplished professionals and entrepreneurs with significant experience of decision-making at strategic levels. The admission process is highly competitive and selective. On average, Sloan Fellows already have 15 years of management experience when being admitted to the program. A typical class is highly diverse and includes attendees from 13-23 different countries.
This 12-month, full-time Masters degree programme is designed to shape today's senior managers into effective leaders of tomorrow. The London Business School Sloan programme focuses on strategy, leadership and change, and globalisation. It hones the knowledge and skills of people who already have established, successful careers. Besides London Business School, the Sloan programme runs at Stanford Graduate School of Business
and the MIT Sloan School of Management
.
The programme is completed as a series of compulsory modules with lectures, workshops, guest speakers, case studies, and group and individual project work.
programmes in general management, strategy, leadership, marketing, human resources and finance.
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.
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.
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.
For more information on PhD programmes in Business related areas, please see: PhD in Management
.
Business school
A business school is a university-level institution that confers degrees in Business Administration. It teaches topics such as accounting, administration, economics, entrepreneurship, finance, information systems, marketing, organizational behavior, public relations, strategy, human resource...
and a constituent college of the federal University of London
University of London
-20th century:Shortly after 6 Burlington Gardens was vacated, the University went through a period of rapid expansion. Bedford College, Royal Holloway and the London School of Economics all joined in 1900, Regent's Park College, which had affiliated in 1841 became an official divinity school of the...
, located in central London, beside Regent's Park
Regent's Park
Regent's Park is one of the Royal Parks of London. It is in the north-western part of central London, partly in the City of Westminster and partly in the London Borough of Camden...
. LBS teaches postgraduate programmes in finance and management, in addition to its flagship Master of Business Administration
Master of Business Administration
The Master of Business Administration is a :master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out...
(MBA and EMBA) program, it also offers the Sloan Fellowship Program for experienced business executives, a Masters in Finance (also known as MiF, a finance specialist programme), a Masters in Management for students with less than a year's work experience, a PhD, as well as non-masters programmes for business executives.
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
Manchester Business School
Manchester Business School is the largest department of the University of Manchester in Manchester, England. According to Bloomberg Business Week's ranking of the world's best business schools the MBS MBA is ranked third in the world...
), but with considerable autonomy. It has close collaborations with the nearby University College London
University College London
University College London is a public research university located in London, United Kingdom and the oldest and largest constituent college of the federal University of London...
and the Modern Language Centre at King's College London
King's College London
King's College London is a public research university located in London, United Kingdom and a constituent college of the federal University of London. King's has a claim to being the third oldest university in England, having been founded by King George IV and the Duke of Wellington in 1829, and...
. In December 2006 launched its operations in Dubai, which include an executive MBA degree and Executive Education programmes.
LBS is often ranked among the top business schools in Europe, and among the top 10 business schools in the world. In 2011, London Business School was ranked number one in the world for its MBA programme by the Financial Times
Financial Times
The Financial Times is an international business newspaper. It is a morning daily newspaper published in London and printed in 24 cities around the world. Its primary rival is the Wall Street Journal, published in New York City....
for the third year in a row. In 2009 the school shared this ranking with The Wharton School of the University of Pennsylvania
University of Pennsylvania
The University of Pennsylvania is a private, Ivy League university located in Philadelphia, Pennsylvania, United States. Penn is the fourth-oldest institution of higher education in the United States,Penn is the fourth-oldest using the founding dates claimed by each institution...
. The school's admissions process is highly selective, making it one of the most competitive business schools in the world. A high GPA, high GMAT score, and strong non-quantitative credentials are typically prerequisites to admission. Successful applicants for the full-time MBA have an average GMAT score of 701.
Over 1,000 degree students from 130 countries graduate from the School each year. A further 3,000-plus executives attend the School executive education programmes each year. The School has over 28,000 alumni in more than 120 countries, organised through 65-plus alumni clubs.
London Business School holds the European Foundation for Management Development
European Foundation for Management Development
The European Foundation for Management Development is an international membership organization, based in Brussels, Belgium. Europe's largest network association in the field of management development, it has over 700 member organizations from academia, business, public service and consultancy in...
Equis
European Quality Improvement System
The European Quality Improvement System is a school accreditation system. It specializes in higher education institutions of management and business administration, run by the European Foundation for Management Development...
accreditation as well as that of the AACSB
Association to Advance Collegiate Schools of Business
The Association to Advance Collegiate Schools of Business was founded in 1916 to accredit schools of business worldwide. The first accreditations took place in 1919. The stated mission is to advance quality management education worldwide through accreditation and thought leadership. It is regarded...
. The MBA
Master of Business Administration
The Master of Business Administration is a :master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out...
and Sloan Fellows
Sloan Fellows
The Sloan Fellows program is a mid-career master's degree in general management and leadership supported by a grant from the Alfred P. Sloan Foundation. It is targeted at experienced managers who have already demonstrated a significant degree of career success . Alfred P...
hip MSc programmes are accredited through AMBA
Association of MBAs
The Association of MBAs is a London-based international organization that accredits postgraduate business programs at business schools worldwide. The Association is one of the three main global accreditation bodies in business education and styles itself "the world's impartial authority on...
.
Campus
Marylebone
Marylebone is an affluent inner-city area of central London, located within the City of Westminster. It is sometimes written as St. Marylebone or Mary-le-bone....
, on the perimeter of Regent's Park
Regent's Park
Regent's Park is one of the Royal Parks of London. It is in the north-western part of central London, partly in the City of Westminster and partly in the London Borough of Camden...
and a short walk from Baker Street
Baker Street
Baker Street is a street in the Marylebone district of the City of Westminster in London. It is named after builder William Baker, who laid the street out in the 18th century. The street is most famous for its connection to the fictional detective Sherlock Holmes, who lived at a fictional 221B...
underground station. The main building, projected by John Nash
John Nash (architect)
John Nash was a British architect responsible for much of the layout of Regency London.-Biography:Born in Lambeth, London, the son of a Welsh millwright, Nash trained with the architect Sir Robert Taylor. He established his own practice in 1777, but his career was initially unsuccessful and...
along with the entire area of Regents Park, was originally built as 26 terraced houses in 1822-23. 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, two cafes and library, that are dedicated for the exclusive use of its community. A privately run pub 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
Amphitheatre
An amphitheatre is an open-air venue used for entertainment and performances.There are two similar, but distinct, types of structure for which the word "amphitheatre" is used: Ancient Roman amphitheatres were large central performance spaces surrounded by ascending seating, and were commonly used...
rooms with approximately five rows in a semicircle.
There is no accommodation on campus for students in full-time programs, although there are rooms on-campus for visiting faculty and executive education
Executive Education
Executive Education refers to academic programs at leading graduate-level business schools worldwide for executives, business leaders and functional managers. These programs are non-credit and non-degree granting...
participants. Most students choose to live in nearby private residential buildings or in students halls of residence such as the International Students House, London
International Students House, London
International Students House, London is a residence for 700 British and overseas students, interns and trainees whilst staying in London. It is located in Central London close to London's West End at the south side of Regents Park and operates as a financially self supporting charity under a board...
.
Full-time MBA
The school's flagship is its 15-21 month Master of Business AdministrationMaster of Business Administration
The Master of Business Administration is a :master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out...
degree. MBA students take a prescribed set of core courses, then choose electives from a choice of 70. Class size has been around 400 students in every annual cohort, with a total of 800 students on the 15-21 month MBA. These are broken into five streams of around 80 students which undertake all core courses together. The school is proud of the diversity of the student body and the 2008 intake - graduating in 2010 - consisted of 320 students from 60 nations with 25 per cent female and only 9 per cent from the UK (20 per cent from North America).
Beyond academic teaching, the school puts an emphasis on personal development, particularly in terms of 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. London Business School's diverse graduates come from 130 different countries and from a wide range of professional backgrounds. After the completion of the MBA programme, graduates accept top positions with major recruiters across Industry, Finance and Consulting sectors all around the world.
Top Recruiters:
- Finance - Goldman SachsGoldman SachsThe Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...
, J.P. Morgan, UBS, Morgan StanleyMorgan StanleyMorgan Stanley is a global financial services firm headquartered in New York City serving a diversified group of corporations, governments, financial institutions, and individuals. Morgan Stanley also operates in 36 countries around the world, with over 600 offices and a workforce of over 60,000....
, Credit SuisseCredit SuisseThe Credit Suisse Group AG is a Swiss multinational financial services company headquartered in Zurich, with more than 250 branches in Switzerland and operations in more than 50 countries.-History:...
, BNP ParibasBNP ParibasBNP Paribas S.A. is a global banking group, headquartered in Paris, with its second global headquarters in London. In October 2010 BNP Paribas was ranked by Bloomberg and Forbes as the largest bank and largest company in the world by assets with over $3.1 trillion. It was formed through the merger...
, Barclays, Deutsche BankDeutsche BankDeutsche Bank AG is a global financial service company with its headquarters in Frankfurt, Germany. It employs more than 100,000 people in over 70 countries, and has a large presence in Europe, the Americas, Asia Pacific and the emerging markets...
. - Consulting - McKinsey & CompanyMcKinsey & CompanyMcKinsey & Company, Inc. is a global management consulting firm that focuses on solving issues of concern to senior management. McKinsey serves as an adviser to many businesses, governments, and institutions...
, The Boston Consulting Group, Booz & CompanyBooz & CompanyBooz & Company is a global management consulting firm established in the United States in 1914. It is recognized as one of the most prestigious management consulting firms in the world and one of the best consulting firms to work for by Consulting Magazine...
, Bain & CompanyBain & CompanyBain & Company is a global management consulting firm headquartered in Boston, Massachusetts. Bain is considered one of the most prestigious consulting firms in the world, with 47 offices in 30 countries and over 5,500 professionals on staff globally...
. - Industry - GoogleGoogleGoogle Inc. is an American multinational public corporation invested in Internet search, cloud computing, and advertising technologies. Google hosts and develops a number of Internet-based services and products, and generates profit primarily from advertising through its AdWords program...
, American ExpressAmerican ExpressAmerican Express Company or AmEx, is an American multinational financial services corporation headquartered in Three World Financial Center, Manhattan, New York City, New York, United States. Founded in 1850, it is one of the 30 components of the Dow Jones Industrial Average. The company is best...
, BTBT GroupBT Group plc is a global telecommunications services company headquartered in London, United Kingdom. It is one of the largest telecommunications services companies in the world and has operations in more than 170 countries. Through its BT Global Services division it is a major supplier of...
, ShellRoyal Dutch ShellRoyal Dutch Shell plc , commonly known as Shell, is a global oil and gas company headquartered in The Hague, Netherlands and with its registered office in London, United Kingdom. It is the fifth-largest company in the world according to a composite measure by Forbes magazine and one of the six...
, Johnson & JohnsonJohnson & JohnsonJohnson & Johnson is an American multinational pharmaceutical, medical devices and consumer packaged goods manufacturer founded in 1886. Its common stock is a component of the Dow Jones Industrial Average and the company is listed among the Fortune 500....
, PepsicoPepsiCoPepsiCo Inc. is an American multinational corporation headquartered in Purchase, New York, United States, with interests in the manufacturing, marketing and distribution of grain-based snack foods, beverages, and other products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company...
, BPBPBP p.l.c. is a global oil and gas company headquartered in London, United Kingdom. It is the third-largest energy company and fourth-largest company in the world measured by revenues and one of the six oil and gas "supermajors"...
.
In global rankings for 2011, LBS was ranked #1 by Financial Times
Financial Times
The Financial Times is an international business newspaper. It is a morning daily newspaper published in London and printed in 24 cities around the world. Its primary rival is the Wall Street Journal, published in New York City....
, #2 by América Economía
América Economía
América Economía is a Latin American magazine founded in 1986 by Chilean Elías Selman and Swedish Nils Strandberg.The 1980s was considered the lost decade in Latin America but Selman and Strandberg decided to take risk and create the first Latin American business magazine.Since 1986 AméricaEconomía...
, #3 by CNN Expansion
CNN Expansion
CNN Expansion is a vertically integrated news portal resulting from the merger of news channel CNN and the business magazine Expansion, with its content mainly targeting businessmen and entrepreneurs of business in Mexico and Latin America....
, and #13 by The Economist
The Economist
The Economist is an English-language weekly news and international affairs publication owned by The Economist Newspaper Ltd. and edited in offices in the City of Westminster, London, England. Continuous publication began under founder James Wilson in September 1843...
. Among non-U.S., one-year programmes for 2011, LBS was ranked #1 by Forbes and #5 by Bloomberg BusinessWeek.
International Exchange Programme
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 Booth School of BusinessBooth School of Business
The University of Chicago Booth School of Business is a graduate business school located in Chicago, Illinois, at the University of Chicago. Formerly known as the University of Chicago Graduate School of Business, Chicago Booth is the second oldest business school in the U.S., the first such school...
of the The University of Chicago, The Wharton School of the University of Pennsylvania
University of Pennsylvania
The University of Pennsylvania is a private, Ivy League university located in Philadelphia, Pennsylvania, United States. Penn is the fourth-oldest institution of higher education in the United States,Penn is the fourth-oldest using the founding dates claimed by each institution...
, UCLA Anderson School of Management, the MIT Sloan School of Management
MIT Sloan School of Management
The MIT Sloan School of Management is the business school of the Massachusetts Institute of Technology, in Cambridge, Massachusetts....
, Tuck School of Business
Tuck School of Business
The Amos Tuck School of Business Administration is the graduate business school of Dartmouth College in Hanover, New Hampshire, in the United States...
at Dartmouth College
Dartmouth College
Dartmouth College is a private, Ivy League university in Hanover, New Hampshire, United States. The institution comprises a liberal arts college, Dartmouth Medical School, Thayer School of Engineering, and the Tuck School of Business, as well as 19 graduate programs in the arts and sciences...
, Columbia Business School
Columbia Business School
Columbia Business School is the business school of Columbia University in Manhattan, New York City. It was established in 1916 to provide business training and professional preparation for undergraduate and graduate Columbia University students...
, Kellogg School of Management
Kellogg School of Management
The Kellogg School of Management is the business school of Northwestern University in Evanston, Illinois, downtown Chicago, Illinois and Miami, Florida. Kellogg offers full-time, part-time, and executive programs, as well as partnering programs with schools in China, India, Hong Kong, Israel,...
, Northwestern University
Northwestern University
Northwestern University is a private research university in Evanston and Chicago, Illinois, USA. Northwestern has eleven undergraduate, graduate, and professional schools offering 124 undergraduate degrees and 145 graduate and professional degrees....
, Indian School of Business
Indian School of Business
The Indian School of Business is a business school in Hyderabad, Andhra Pradesh, India and is widely recognized as one of the top business schools in the world. It offers a Post Graduate Programme in Management , a Fellow Program in Management, and a Post Graduate Programme in Management for Senior...
among others.
Executive MBA programmes
The School offers four part time ExecutiveExecutive Education
Executive Education refers to academic programs at leading graduate-level business schools worldwide for executives, business leaders and functional managers. These programs are non-credit and non-degree granting...
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). This rigorous programme is designed to transform ambitious mid-career managers into global, multi-skilled business leaders. The programme provides a solid foundation in all areas of business and management, and the flexibility to specialise. Core courses are taught on Fridays and Saturdays of alternate weeks to accommodate a diverse community of busy executives, many of whom commute. Students then undertake electives and an international assignment. The EMBA has start dates in January and September and awards an MBA.
- Executive MBA (Dubai). This dual-campus programme is designed for mid-career professionals, executives and entrepreneurs who are passionate about business opportunities in the Gulf region and beyond. 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. The EMBA has start dates in January and September and awards an MBA.
- 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 SchoolColumbia Business SchoolColumbia Business School is the business school of Columbia University in Manhattan, New York City. It was established in 1916 to provide business training and professional preparation for undergraduate and graduate Columbia University students...
, and is designed for fast-track executives able to demonstrate sustained management experience with an international focus. 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".
Sloan Masters in Leadership and Strategy
The Sloan FellowsSloan Fellows
The Sloan Fellows program is a mid-career master's degree in general management and leadership supported by a grant from the Alfred P. Sloan Foundation. It is targeted at experienced managers who have already demonstrated a significant degree of career success . Alfred P...
hip at London Business School was established in 1968 and is a master's degree
Master's degree
A master's is an academic degree granted to individuals who have undergone study demonstrating a mastery or high-order overview of a specific field of study or area of professional practice...
program designed for senior executives, accomplished professionals and entrepreneurs with significant experience of decision-making at strategic levels. The admission process is highly competitive and selective. On average, Sloan Fellows already have 15 years of management experience when being admitted to the program. A typical class is highly diverse and includes attendees from 13-23 different countries.
This 12-month, full-time Masters degree programme is designed to shape today's senior managers into effective leaders of tomorrow. The London Business School Sloan programme focuses on strategy, leadership and change, and globalisation. It hones the knowledge and skills of people who already have established, successful careers. Besides London Business School, the Sloan programme runs at Stanford Graduate School of Business
Stanford Graduate School of Business
The Stanford Graduate School of Business is one of the professional schools of Stanford University, in Stanford, California and is broadly regarded as one of the best business schools in the world.The Stanford GSB offers a general management Master of Business Administration degree, the Sloan...
and the MIT Sloan School of Management
MIT Sloan School of Management
The MIT Sloan School of Management is the business school of the Massachusetts Institute of Technology, in Cambridge, Massachusetts....
.
Masters in Finance
The School offers a "Master's in Finance" ("MiF") programme on both a part and full time basis. This specialist master's degree in finance is a postgraduate qualification for professionals with previous experience in finance. According to the School, the programme trains students seeking careers in such diverse areas as trading, private equity, asset management, investment banking and the finance roles in industries. Around 145 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 was 700 in 2007.Masters in Management
The Masters in Management (MiM) is a one year masters degree in management aimed at students with less than one year of work experience. 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.
Executive Education
Around 8,000 executives attend the School's non-degree programmes each year. The School offers a portfolio of 31 Executive EducationExecutive Education
Executive Education refers to academic programs at leading graduate-level business schools worldwide for executives, business leaders and functional managers. These programs are non-credit and non-degree granting...
programmes in general management, strategy, leadership, marketing, human resources and finance.
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.
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.
Research
The school's 150 faculty work through 16 research centres or institutes. London Business School announced that the research center for women in business is going to close in June 2009, should no corporate sponsor be found.PhD programme
London Business School offers a 5-yr based full-time PhDDoctor of Philosophy
Doctor of Philosophy, abbreviated as Ph.D., PhD, D.Phil., or DPhil , in English-speaking countries, is a postgraduate academic degree awarded by universities...
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.
For more information on PhD programmes in Business related areas, please see: PhD in Management
PhD in Management
A PhD in management is synonymous with a PhD in business or a business doctorate and is the highest degree awarded in the study of business...
.
Notable faculty and staff
- Constantinos C. MarkidesConstantinos C. MarkidesConstantinos C. Markides is a Robert P. Bauman Professor of Strategic Leadership at London Business School , since 1990.A native of Cyprus, he received a BA and MA in Economics from Boston University, MBA and DBA from the Harvard Business School.Constantinos worked as a Research Associate at the...
- Robert P. Bauman Professor of Strategic Leadership - Süleyman BaşakSuleyman BasakSüleyman Başak is a financial economist of Turkish Cypriot origin. He is currently Professor at the Institute of Finance and Accounting of the London Business School, an MBA-granting part of the University of London and has previously taught at the Wharton School of the University of Pennsylvania...
- financial economist, Professor at the Institute of Finance and Accounting - Alan BuddAlan BuddSir Alan Peter Budd is a prominent British economist, who was a founding member of the Bank of England's Monetary Policy Committee in 1997....
- professor of economics, director of the Centre for Economic Forecasting, economic advisor for Barclays Bank, and member of the Advisory Board for Research Councils - Gary HamelGary HamelDr. Gary P. Hamel is an American management expert. He is a founder of Strategos, an international management consulting firm based in Chicago.-Early life:...
- originator (with C.K. Prahalad) of the concept of core competencies of an organization, and contributed to the theoretical development and evolution of the resource-based view - Terence Burns, Baron BurnsTerence Burns, Baron BurnsTerence Burns, Baron Burns, GCB is a British economist, made a life peer in 1998 for his services as former Chief Economic Advisor and Permanent Secretary to HM Treasury. He is currently Chairman of Santander UK, Non-Executive Chairman of Glas Cymru, and a Non-Executive Director of Pearson Group...
- Chairman of Abbey National plcAbbey (bank)Abbey National plc was a UK-based bank and former building society, which latterly traded under the Abbey brand name. It became a wholly owned subsidiary of Grupo Santander of Spain in 2004, and was rebranded as Santander in January 2010, forming Santander UK along with the savings business of the...
, Non-Executive Chairman of Glas CymruWelsh WaterDŵr Cymru Welsh Water is a company which supplies drinking water and wastewater services to most of Wales and parts of western England.It is regulated under the Water Industry Act 1991.-History:...
, and a Non-Executive Director of Pearson Group plcPearson PLCPearson plc is a global media and education company headquartered in London, United Kingdom. It is both the largest education company and the largest book publisher in the world, with consumer imprints including Penguin, Dorling Kindersley and Ladybird...
. He is also President of The National Institute of Economic and Social ResearchThe National Institute of Economic and Social ResearchThe National Institute of Economic and Social Research, abbreviated to NIESR, is an independent research organisation located in the City of Westminster, London, England. It was established in 1938 with funding from the Rockefeller Foundation, the Pilgrim Trust, the Leverhulme Trust and the Halley...
, President of the The Society of Business Economists, Chairman of the Governing Body of the Royal Academy of MusicRoyal Academy of MusicThe Royal Academy of Music in London, England, is a conservatoire, Britain's oldest degree-granting music school and a constituent college of the University of London since 1999. The Academy was founded by Lord Burghersh in 1822 with the help and ideas of the French harpist and composer Nicolas...
, Chairman of Channel 4Channel 4Channel 4 is a British public-service television broadcaster which began working on 2 November 1982. Although largely commercially self-funded, it is ultimately publicly owned; originally a subsidiary of the Independent Broadcasting Authority , the station is now owned and operated by the Channel...
, and Chairman of the Monteverdi Choir and Orchestra - Richard PortesRichard PortesRichard Portes CBE is currently professor of Economics at London Business School. He is President of the Centre for Economic Policy Research which he founded in 1983. CEPR is a network network of over 700 Research Fellows and Affiliates who contribute to economic research and policy debates in Europe...
- Fellow of the British AcademyBritish AcademyThe British Academy is the United Kingdom's national body for the humanities and the social sciences. Its purpose is to inspire, recognise and support excellence in the humanities and social sciences, throughout the UK and internationally, and to champion their role and value.It receives an annual...
and a Fellow of the Econometric SocietyEconometric SocietyThe Econometric Society is an international society for the advancement of economic theory in its relation with statistics and mathematics. It was founded on December 29, 1930 at the Stalton Hotel in Cleveland, Ohio....
. He was awarded the CBECBECBE and C.B.E. are abbreviations for "Commander of the Order of the British Empire", a grade in the Order of the British Empire.Other uses include:* Chemical and Biochemical Engineering...
for his services to Economics in 2003 - Nirmalya KumarNirmalya KumarNirmalya Kumar is London Business School professor. Between 2001 and 2009, he also served on five Boards of Directors of Indian firms including ACC Limited and Zensar Technologies.-Education:...
- renowned marketing expert. Author of the best-selling Private Label Strategyt seller - Michael EarlMichael Earl (academic)Michael John Earl is Dean of Templeton College, Oxford and Professor of Information Management in the University of Oxford.Earl was educated at the University of Newcastle upon Tyne and the University of Warwick . He is also a Master of Arts of the University of Oxford.From 1974 until 1976 he was...
- former Professor of Information Management, Deputy Director of the Centre for Network Economy, and acting Dean - George YipGeorge YipGeorge Yip is a research specialist in global strategy and marketing and Professor of Management and Co- Director, Centre on China Innovation, at China Europe International Business School, based in both London and Shanghai...
- Dean of Rotterdam School of ManagementRotterdam School of ManagementRotterdam School of Management, Erasmus University is the international business school of the Erasmus University Rotterdam located in Rotterdam, Netherlands...
. Former Professor of Strategic and International Management, and Associate Dean at the London Business School - Bill MoggridgeBill MoggridgeWilliam Moggridge, an industrial and interaction designer, is co-founder of the Silicon Valley-based design firm IDEO and the current director of the Smithsonian Institution's Cooper-Hewitt, National Design Museum in New York. He designed what was the first laptop computer, the GRiD Compass...
- British industrial and interaction designer, co-founder of the Silicon Valley-based design firm IDEOIDEOIDEO is an international design and innovation consultancy founded in Palo Alto, California, United States with other locations in San Francisco, Chicago, New York, Boston, London, Munich, Shanghai, and Singapore, as well as Mumbai, Seoul, and Tokyo. The company helps design products, services,...
. Helped design what was arguably the first laptop computer, the GRiD Compass. Awarded the lifetime achievement award at the National Design AwardsNational Design AwardsThe National Design Awards, founded in 2000, is funded and awarded by Cooper-Hewitt, National Design Museum. There are seven official design categories, and three additional awards...
at the White House in 2009
Notable alumni
- Sir David Arculus, Chairman of the Board, O2O2 (United Kingdom)Telefónica UK Limited is a telecommunications, internet and financial services provider in the United Kingdom owned by Telefónica, forming part of its Telefónica Europe division...
- Nicholas Ashley-Cooper, 12th Earl of ShaftesburyNicholas Ashley-Cooper, 12th Earl of ShaftesburyNicholas Edmund Anthony Ashley-Cooper, 12th Earl of Shaftesbury, also known as Nick Ashley-Cooper, succeeded his brother as Earl of Shaftesbury...
, COO, GoMix Music Software Corporation - Kumar Birla - Chairman, Aditya Birla GroupAditya Birla GroupThe Aditya Birla Group is an Indian multinational conglomerate corporation headquartered in Mumbai, India. It operates in 33 countries with more than 133,000 employees worldwide...
- David DavisDavid Davis (British politician)David Michael Davis is a British Conservative Party politician who is the Member of Parliament for the constituency of Haltemprice and Howden...
- member of the British House of Commons - Sir John EganJohn Egan (industrialist)Sir John Egan is a notable British industrialist, associated with businesses in the automotive, airports, construction and water industries. He was chief executive of Jaguar Cars from 1984 to 1990, and then served as chief executive of BAA from 1990 to 1999...
– Chairman, Severn TrentSevern TrentSevern Trent plc is a British public utility. It is traded on the London Stock Exchange and is a constituent of the FTSE 100 Index.Severn Trent is a group of companies employing more than 15,000 people across the UK, US and mainland Europe, with some involvement in the Middle East.The main...
plc - Justine GreeningJustine GreeningJustine Greening is a Conservative Party politician in the United Kingdom. She has been the Member of Parliament for Putney since 2005. She was appointed Economic Secretary to the Treasury in May 2010, and became Secretary of State for Transport on 14 October 2011...
- member of the British House of Commons - Sir Richard Greenbury - Chairman and Chief Executive, Marks & SpencerMarks & SpencerMarks and Spencer plc is a British retailer headquartered in the City of Westminster, London, with over 700 stores in the United Kingdom and over 300 stores spread across more than 40 countries. It specialises in the selling of clothing and luxury food products...
- Huw JenkinsHuw JenkinsHuw Jenkins, 52, is the former CEO of UBS Investment Bank. He is currently a managing partner for BTG Pactual.-Education:Jenkins graduated from the University of Liverpool and gained an MBA from the London Business School.-Professional life:...
- former CEO, Investment Banking, UBS - Sir Chris KellyChristopher KellySir Christopher William Kelly, KCB is a former senior British Civil Servant who is currently the Chairman of the Committee on Standards in Public Life and Chairman of the NSPCC.-Early life:...
KCB – Chairman, NSPCCNSPCCThe National Society for the Prevention of Cruelty to Children is a United Kingdom charity campaigning and working in child protection.-History:... - Thomas KwokThomas KwokThomas Kwok Ping-kwong , SBS, JP is the joint-chairmen of Sun Hung Kai Properties, the largest property developer in Hong Kong, with his brother Raymond Kwok....
- Vice Chairman and Managing Director, Sun Hung Kai Properties - Oliver LetwinOliver LetwinOliver Letwin MP FRSA is a British politician. A member of the Conservative Party, he is currently the Minister of State at the Cabinet Office, and a Member of Parliament representing the constituency of West Dorset...
- member of the British House of CommonsBritish House of CommonsThe House of Commons is the lower house of the Parliament of the United Kingdom, which also comprises the Sovereign and the House of Lords . Both Commons and Lords meet in the Palace of Westminster. The Commons is a democratically elected body, consisting of 650 members , who are known as Members... - Nigel MorrisNigel MorrisNigel Morris is a businessman who co-founded Capital One with Richard Fairbank, and retired as COO in 2004.He lent the Labour Party £1,000,000 as part of the Cash for peerages affair....
- Co-founder, Capital OneCapital OneCapital One Financial Corp. is a U.S.-based bank holding company specializing in credit cards, home loans, auto loans, banking and savings products...
Financial Services - David MuirDavid S. MuirDavid S Muir is a Scottish marketing and political communications professional. He was Director of Political Strategy for British Prime Minister Gordon Brown between 2008 and 2010.-Biography:...
- Director of Political Strategy, to British Prime Minister Gordon BrownGordon BrownJames Gordon Brown is a British Labour Party politician who was the Prime Minister of the United Kingdom and Leader of the Labour Party from 2007 until 2010. He previously served as Chancellor of the Exchequer in the Labour Government from 1997 to 2007...
MP - Omar SamraOmar SamraOmar Samra is the first Egyptian and youngest Arab to climb Mount Everest. He reached the summit at precisely 9:49 am Nepal time on 17 May 2007.- Biography :...
- First Egyptian to climb Mount EverestMount EverestMount Everest is the world's highest mountain, with a peak at above sea level. It is located in the Mahalangur section of the Himalayas. The international boundary runs across the precise summit point... - The Hon Wong Kan SengWong Kan SengWong Kan Seng is a politician from Singapore. A member of the governing People's Action Party , he served as the country's Deputy Prime Minister from 2005 to 2011...
- Deputy Prime Minister, SingaporeSingaporeSingapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the... - Sir John Sunderland (businessman)John Sunderland (businessman)Sir John Michael Sunderland is a British businessman who was President of the Confederation of British Industry from 2004 to 2006, where his priority was restoring confidence in business after a series of corporate scandals....
– Chairman, Cadbury SchweppesCadbury SchweppesCadbury is a confectionery company owned by Kraft Foods and is the industry's second-largest globally after Mars, Incorporated. Headquartered in Uxbridge, London, United Kingdom, the company operates in more than 50 countries worldwide....
plc - Tony Wheeler - Founder, Lonely PlanetLonely PlanetLonely Planet is the largest travel guide book and digital media publisher in the world. The company is owned by BBC Worldwide, which bought a 75% share from the founders Maureen and Tony Wheeler in 2007 and the final 25% in February 2011...
- John Jennings (businessman)John Jennings (businessman)Sir John Jennings CBE BSc PhD FGS FRSE was the Chancellor of Loughborough University, having previously been Chairman of the Shell Transport and Trading Company plc from 1993 to 1997 and a director until 2001....
- Chairman of the Board, BC Cancer FoundationBC Cancer FoundationEstablished in 1935, the BC Cancer Foundation is an independent charitable organization that raises and stewards resources to directly support breakthrough research and compassionate care at the BC Cancer Agency throughout the province of British Columbia... - Ted PietkaTed PietkaTed Pietka is a businessman, graduated from Wilfrid Laurier University, Waterloo, Ontario, Canada and holds Master of Business Administration degree from London Business School, London, United Kingdom. Pietka is Supervisory Board Member in Boryszew S.A. , Boryszew ERG S.A. and Hygienika S.A...
- Supervisory Board Member in BoryszewBoryszewBoryszew is a village in the administrative district of Gmina Wiązowna, within Otwock County, Masovian Voivodeship, in east-central Poland. It lies approximately north of Wiązowna, north-east of Otwock, and east of Warsaw.-References:...
S.A.. - Sükhbaataryn BatboldSükhbaataryn BatboldSükhbaataryn Batbold is the Prime Minister of Mongolia. He was previously the Minister of Foreign Affairs in the government of his predecessor, Sanjaagiin Bayar.-Education and Personal Life:...
, Prime minister of MongoliaMongoliaMongolia is a landlocked country in East and Central Asia. It is bordered by Russia to the north and China to the south, east and west. Although Mongolia does not share a border with Kazakhstan, its western-most point is only from Kazakhstan's eastern tip. Ulan Bator, the capital and largest... - Cyrus Pallonji MistryCyrus Pallonji MistryCyrus Pallonji Mistry is the youngest son of Irish construction magnate Pallonji Mistry. He has been appointed deputy chairman and chairman-designate of Tata Group and its holding company Tata Sons, which will make him the first non-Indian national to head the Indian conglomerate...
, Deputy Chairman and Chairman-designate of the Tata GroupTata GroupTata Group is an Indian multinational conglomerate company headquartered in Mumbai, Maharashtra, India. Tata Group is one of the largest companies in India by market capitalization and revenue. It has interests in communications and information technology, engineering, materials, services, energy,...
External links
- London Business School – website