London Business School
Encyclopedia : L : LO : LON : London Business School
London Business School, in London (UK), established in 1965, is an international business school providing postgraduate degrees in finance and management, including MBA (Master of Business Administration) courses, as well as non-degree courses for business executives. It is part of the University of London (which is the School's degree-awarding authority), and is located in central London, beside Regents Park.
Around 1000 students, from 70 countries, graduate from the school each year. Over 80 percent of students, and over 70 percent of faculty, come from outside the UK. The School has over 16,000 alumni in more than 100 countries.
The School is one of only two UK business schools to have a six-star (6*) research rating from the Higher Education Funding Council for England (HEFCE). In 2005 and 2004, The Financial Times ranked London Business School as the top business school in Europe though a meta-analysis comparing its full-time MBA, Executive MBA and executive education courses.
The MBA and Sloan Fellowship MSc programs are accredited through the prestigious AMBA.
MBA Programmes
The school's flagship is its two year Master of Business Administration degree.
External rankings of business schools typically place the London Business School MBA within the top five business schools worldwide, and as the top business school outside the United States. It holds the European Foundation for Management Development 'Equis' accreditation as well as that of the AACSB. MBA students take a prescribed set of core courses, then choose electives from a choice of 70. The core course includes:
- Finance
- Strategy
- Marketing
- Managerial Economics
- Management Accounting
- Operations Management [link]
- Business Ethics and Corporate Social Responsibility
- Managing Organisational Behaviour (Human Resources issues)
Full time MBA
There are 320 students on the full-time two-year MBA. A GMAT test is required for entry to the MBA programme; the average GMAT score of successful applicants is 690.
In addition to the courses shown above, the full-time core courses also include:
- a compulsory second language (other than English).
- Information Management (Information Technology for managers)
Executive MBA
The School also offers part-time Executive MBA degrees (including a Global EMBA in partnership with Columbia Business School).The Executive MBA programme was ranked #3 in the world, #1 in Europe, in the [Financial Times Executive MBA Rankings 2005], just behind the Wharton School (US) and Hong Kong UST Business School (China).
Sloan Fellowship
The Sloan Fellowship at London Business School is the premier masters degree programme designed purely for accomplished senior managers.
It is a 10-month full-time MSc that explores the latest management thinking with world-class faculty. Organized around collaboration principles, the Sloan Fellowship provides an environment for the exchange of knowledge and skills in all areas of general management and leadership while gaining insight into specialist areas from an international peer group of the highest calibre. The Sloan Fellowship is also offered at MIT and Stanford University in the USA.
Masters in Finance
The School also offers a prestigious Masters of Finance programme (both part- and full-time), which is popular with traders employed or seeking employment in "city" (i.e., London based) investment banks.Executive Education
In 2005, the school's Executive Education Open enrollment programmes were ranked at number 5 in the world for Open programmes and number 6 for Custom programmes – their highest rankings yet in the BusinessWeek survey. Its Executive Education programmes were ranked 8th overall in the 2005 Financial Times annual rankings.Faculty
Faculty Heads include Gary Hamel, originator (with C.K. Prahalad) of the concept of core competencies.
The School's Dean, Laura D'Andrea Tyson, was from February 1995 to December 1996 National Economic Advisor to President Clinton's U.S. administration, and the highest ranking woman then in the White House. As of September 2005, she is on the boards of Morgan Stanley, Eastman Kodak and SBC Communications.
Notable alumni
- Kumarmangalam Birla - Chairman, Aditya Birla Group
- David Davis - member of the British House of Commons
- Huw Jenkins - CEO, UBS Investment Bank
- Oliver Letwin - member of the British House of Commons
- Sir Chris O'Donnell - CEO, Smith & Nephew
- Idan Ofer - Chairman, Israel Corporation
- Tony Wheeler - Founder, Lonely Planet
See also
External links
| Recognized bodies of the University of London | |
|---|---|
| Birkbeck | Courtauld Institute of Art | Central School of Speech and Drama | Goldsmiths | Heythrop | Imperial | Institute of Cancer Research | Institute of Education | King's | London Business School | LSE | London School of Hygiene and Tropical Medicine | Queen Mary | Royal Academy of Music | Royal Holloway | Royal Veterinary College | St George's | SOAS | School of Pharmacy | UCL | |
| Listed bodies | |
| University of London Institute in Paris | School of Advanced Study | University Marine Biological Station, Millport | |
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