Bayes Business School, formerly known as Cass Business School, is the

business school A business school is a university-level institution that confers degrees in business administration or management. A business school may also be referred to as school of management, management school, school of business administration, o ...

City, University of London City, University of London, is a public research university in London, United Kingdom, and a member institution of the federal University of London. It was founded in 1894 as the Northampton Institute, and became a university when The City Univ ...

, located in St Luke's, just to the north of the City of London. It was established in 1966, and it is consistently ranked as one of the leading business schools in the United Kingdom. Bayes Business School is divided into the three faculties of actuarial science and

insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...

finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...

, and

management Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business. Management includes the activities o ...

. It awards BSc (Hons), MSc,

MBA A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...

and PhD degrees and is one of around 100 schools globally to be triple accredited by the

AMBA Amba or AMBA may refer to: Title * Amba Hor, alternative name for Abhor and Mehraela, Christian martyrs * Amba Sada, also known as Psote, Christian bishop and martyr in Upper Egypt Given name * Amba, the traditional first name given to the first ...

in the United Kingdom,

EQUIS The EFMD Quality Improvement System (EQUIS) is an international school accreditation system. It specializes in higher education institutions of management and business administration, run by the European Foundation for Management Development (EFM ...

in Europe, and the

AACSB The Association to Advance Collegiate Schools of Business, also known as AACSB International, is an American professional organization. It was founded as the American Assembly of Collegiate Schools of Business in 1916 to provide accreditation to ...

in the United States.

History

The City University Business School was founded in 1966 as part of City University, London. Its MSc in Administrative Sciences began in 1967 and became the MBA in 1979. In 2002, following a donation from the Sir John Cass Foundation, the school moved to new premises in the

London Borough of Islington The London Borough of Islington ( ) is a London borough in Inner London. Whilst the majority of the district is located in north London, the borough also includes a significant area to the south which forms part of central London. Islington has ...

, and changed its name to Cass Business School. This was part of a strategy formed by Lord Currie of Marylebone, who had become Dean the year before, to compete as an international business school in a market dominated by US universities. The school had previously been spread out across the City of London's mainly residential

Barbican Centre The Barbican Centre is a performing arts centre in the Barbican Estate of the City of London and the largest of its kind in Europe. The centre hosts classical and contemporary music concerts, theatre performances, film screenings and art exhi ...

development. Half of the £40 million funding for the new building came from the reserves of City University. Due to

John Cass Sir John Cass (February 1661 – 5 July 1718) was an English merchant, Tory Member of Parliament and philanthropist. He was also a key figure in the Royal African Company, which was involved in the Atlantic slave trade. Biography Early li ...

' links to slavery, the school was renamed to Bayes Business School on 6 September 2021, after

Thomas Bayes Thomas Bayes ( ; 1701 7 April 1761) was an English statistician, philosopher and Presbyterian minister who is known for formulating a specific case of the theorem that bears his name: Bayes' theorem. Bayes never published what would become his ...

, a nonconformist theologian and mathematician best known for his foundational work on conditional probability.

Masters courses

The school teaches programmes including

and risk management,

investment management Investment management is the professional asset management of various securities, including shareholdings, bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors. Investors may be institut ...

corporate finance Corporate finance is the area of finance that deals with the sources of funding, the capital structure of corporations, the actions that managers take to increase the Value investing, value of the firm to the shareholders, and the tools and anal ...

bank A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because ...

ing and International finance,

quantitative finance Mathematical finance, also known as quantitative finance and financial mathematics, is a field of applied mathematics, concerned with mathematical modeling of financial markets. In general, there exist two separate branches of finance that require ...

shipping Freight transport, also referred as ''Freight Forwarding'', is the physical process of transporting Commodity, commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it h ...

marketing Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience; selection of certain attributes or themes to emph ...

, supply chain,

energy In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat a ...

trade Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct excha ...

and finance, property valuation, mathematical trading,

real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...

, construction management, international

accounting Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "languag ...

and finance, finance and investment, real estate investment, and

business analytics Business analytics (BA) refers to the skills, technologies, and practices for continuous iterative exploration and investigation of past business performance to gain insight and drive business planning. Business analytics focuses on developing ne ...

The school's MBA is offered full-time through a one-year course, or through two years part-time

Executive MBA A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accoun ...

, or two years through the modular Executive MBA. In September 2007 the business school started EMBA in collaboration with DIFC (

Dubai International Financial Centre The Dubai International Financial Centre (DIFC) is a special economic zone in Dubai covering , established in 2004 as a financial hub for companies operating throughout the Middle East, Africa and South Asia (MEASA) markets. DIFC is regulated b ...

School rankings

The school was in the top 10 in the UK under both "Accounting and Finance" and "Business and Management" in the 2017

QS World University Rankings ''QS World University Rankings'' is an annual publication of university rankings by Quacquarelli Symonds (QS). The QS system comprises three parts: the global overall ranking, the subject rankings (which name the world's top universities for the ...

by subjects. In the 2017 Eduniversal BestMaster: # MSc International Accounting & Finance ranked 5th in the UK under Accounting & Audit. # MSc Insurance & Risk Management ranked 12th in the world and 1st in the UK under Insurance category. In 2017 the ''Times Higher Education'' world university rankings listed the school 8th in the UK under "Business and Economics".

Notable alumni

The school's Alumni Association has more than 38,000 members in 160 countries. * William Castell – Chairman of the

Wellcome Trust The Wellcome Trust is a charitable foundation focused on health research based in London, in the United Kingdom. It was established in 1936 with legacies from the pharmaceutical magnate Henry Wellcome (founder of one of the predecessors of Glaxo ...

; a Director of

General Electric General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable energ ...

and BP; former CEO of

Amersham plc Amersham plc was a manufacturer of radiopharmaceutical products, to be used in diagnostic and therapeutic nuclear medicine procedures. The company became GE Healthcare following a takeover in 2003, which was based at the original site in Amersh ...

* Peter Cullum – British entrepreneur *

Tobias Ellwood Tobias Martin Ellwood (born 12 August 1966) is a British Conservative Party politician and soldier who has been the Member of Parliament (MP) for Bournemouth East since 2005. He has chaired the Defence Select Committee since 2020 and was a Go ...

– Conservative Member of Parliament and Chair of the Defence Select Committee *

Stelios Haji-Ioannou Sir Stelios Haji-Ioannou ( el, Στέλιος Χατζηιωάννου, translit=Stelios Hatziioannou; born 14 February 1967) is a Greek Cypriot entrepreneur. Born into a wealthy ship-owning family, he is best known for founding the low-cost ai ...

– founder of

easyGroup EasyGroup Ltd (styled as easyGroup) is a British multinational venture capital conglomerate founded in 1998 and privately owned by Sir Stelios Haji-Ioannou. Overview The group is registered in the Cayman Islands, but operates from its offi ...

Tom Ilube Thomas Segun Ilube (born July 1963) is a British entrepreneur and educational philanthropist and chair of the Rugby Football Union making him the first black chair of a major sport in England. He was ranked first in the '' Powerlist 2017'', an ...

philanthropist; physicist; tech guru and Chair of the RFU * Bob Kelly – former CEO of

Bank of New York Mellon The Bank of New York Mellon Corporation, commonly known as BNY Mellon, is an American investment banking services holding company headquartered in New York City. BNY Mellon was formed from the merger of The Bank of New York and the Mellon Fina ...

Mellon Financial Corporation Mellon Financial Corporation was an investment firm which was once one of the world's largest money management firms. Based in Pittsburgh, Pennsylvania, it was in the business of institutional and high-net-worth individual asset management, inc ...

and

Wachovia Corporation Wachovia was a diversified financial services company based in Charlotte, North Carolina. Before its acquisition by Wells Fargo and Company in 2008, Wachovia was the fourth-largest bank holding company in the United States, based on total asse ...

Muhtar Kent Ahmet Muhtar Kent (born December 1, 1952) is a Turkish-American business executive. He was the chairman and chief executive officer (CEO) of The Coca-Cola Company. He became CEO in 2008, and chairman in 2009. In December 2016, Coca-Cola announced ...

– CEO of

The Coca-Cola Company The Coca-Cola Company is an American multinational beverage corporation founded in 1892, best known as the producer of Coca-Cola. The Coca-Cola Company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrups, ...

; former president and COO of Coca-Cola International and

Executive Vice President A vice president, also director in British English, is an officer in government or business who is below the president (chief executive officer) in rank. It can also refer to executive vice presidents, signifying that the vice president is on t ...

Jonathan Kestenbaum, Baron Kestenbaum use both this parameter and , birth_date to display the person's date of birth, date of death, and age at death) --> , death_place = , death_cause = , body_discovered = , resting_place = , resting_place_coordinates ...

(born 1959) - chief operating officer of investment trust

RIT Capital Partners RIT Capital Partners plc, formerly Rothschild Investment Trust, is a large British investment trust dedicated to investments in quoted securities and quoted special situations. Established in 1961, the company is listed on the London Stock Excha ...

, and a

Labour Labour or labor may refer to: * Childbirth, the delivery of a baby * Labour (human activity), or work ** Manual labour, physical work ** Wage labour, a socioeconomic relationship between a worker and an employer ** Organized labour and the labour ...

member of the

House of Lords The House of Lords, also known as the House of Peers, is the Bicameralism, upper house of the Parliament of the United Kingdom. Membership is by Life peer, appointment, Hereditary peer, heredity or Lords Spiritual, official function. Like the ...

Liu Mingkang Liu Mingkang () (born August 28, 1946 in Fuzhou, Fujian) is a former Chinese politician, public servant and economist from China. He graduated from the University of London in 1987. In 1988 he received an MBA from the Cass Business School. He se ...

– former Chairman of the

China Banking Regulatory Commission The China Banking Regulatory Commission (CBRC) was an agency of the People's Republic of China (PRC) authorised by the State Council to regulate the banking sector of the PRC except the territories of Hong Kong and Macau, both of which are spe ...

* Barrie Pettman, Baron of Bombie, co-founder and Chairman Emeritus of the

Emerald Group Publishing Emerald Publishing Limited is a scholarly publisher of academic journals and books in the fields of management, business, education, library studies, health care, and engineering. History Emerald was founded in the United Kingdom in 1967 as ...

; President Emeritus of

Burke's Peerage Burke's Peerage Limited is a British genealogical publisher founded in 1826, when the Irish genealogist John Burke began releasing books devoted to the ancestry and heraldry of the peerage, baronetage, knightage and landed gentry of Great ...

* Syed Ali Raza – President and Chairman of the

National Bank of Pakistan National Bank of Pakistan (NBP) () is a Pakistani government-owned multinational commercial bank which is a subsidiary of State Bank of Pakistan. It is headquartered in Karachi, Pakistan. As of September 2020, it has 1,511 branches across Pakist ...

* Set Aung –

politician A politician is a person active in party politics, or a person holding or seeking an elected office in government. Politicians propose, support, reject and create laws that govern the land and by an extension of its people. Broadly speaking, a ...

economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...

and

management consultant Management consulting is the practice of providing consulting services to organizations to improve their performance or in any way to assist in achieving organizational objectives. Organizations may draw upon the services of management consultants ...

, incumbent Deputy Planning and Finance Minister of Myanmar *

Martin Wheatley Martin Wheatley is a British financier, formerly managing director of the Consumer and Markets Business Unit of the Financial Services Authority in the UK, and is the former CEO of the Financial Conduct Authority. In London Wheatley worked for t ...

– former Chief Executive of the UK

Financial Conduct Authority The Financial Conduct Authority (FCA) is a financial regulation, financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. The ...

* Jeff Wooller – British accountant * Ruth Yeoh – Malaysian environmentalist and businesswoman *

Jay Shetty Jay Shetty (born 6 September 1987) is an English author and life coach. As the host of the podcast ''On Purpose'', his guests have included Alicia Keys, Khloe Kardashian, and Kobe Bryant, resulting in over 300 million downloads. He has appear ...

– Internet Personality and Motivational Speaker *

Evan Edinger Evan Edinger (born July 29, 1990) is an American-British YouTuber based in London, England. Edinger is known for his "British VS American" series, in which he compares topics such as exams, healthcare systems, and taxes with guest YouTubers fr ...

– American-born YouTuber based in

London London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...

, England * Jihan Abass – Kenyan entrepreneur, business woman, CEO and founder of Lami Insurance Technology and Griffin Insurance

References

External links

Official website
{{Authority control City, University of London Business schools in England Professional education in London 1966 establishments in England Educational institutions established in 1966