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Imperial College Business School is the graduate
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, or ...
of
Imperial College London Imperial College London (legally Imperial College of Science, Technology and Medicine) is a public research university in London, United Kingdom. Its history began with Prince Albert, consort of Queen Victoria, who developed his vision for a cu ...
in the UK. In 2004, the business school was opened by
Queen Elizabeth II Elizabeth II (Elizabeth Alexandra Mary; 21 April 1926 – 8 September 2022) was Queen of the United Kingdom and other Commonwealth realms from 6 February 1952 until her death in 2022. She was queen regnant of 32 sovereign states during ...
.


History

In 1851, the
Great Exhibition The Great Exhibition of the Works of Industry of All Nations, also known as the Great Exhibition or the Crystal Palace Exhibition (in reference to the temporary structure in which it was held), was an international exhibition which took pl ...
was the first
World's Fair A world's fair, also known as a universal exhibition or an expo, is a large international exhibition designed to showcase the achievements of nations. These exhibitions vary in character and are held in different parts of the world at a specif ...
, organized by Prince Albert, husband of
Queen Victoria Victoria (Alexandrina Victoria; 24 May 1819 – 22 January 1901) was Queen of the United Kingdom of Great Britain and Ireland from 20 June 1837 until her death in 1901. Her reign of 63 years and 216 days was longer than that of any previ ...
. Prince Albert used the highly successful fair proceeds to build museums and colleges in South Kensington, to become a hub for science, culture, and industry. In 1907, Imperial College was established by
Royal Charter A royal charter is a formal grant issued by a monarch under royal prerogative as letters patent. Historically, they have been used to promulgate public laws, the most famous example being the English Magna Carta (great charter) of 1215, b ...
, which unified the
Royal College of Science The Royal College of Science was a higher education institution located in South Kensington; it was a constituent college of Imperial College London from 1907 until it was wholly absorbed by Imperial in 2002. Still to this day, graduates from th ...
,
Royal School of Mines The Royal School of Mines comprises the departments of Earth Science and Engineering, and Materials at Imperial College London. The Centre for Advanced Structural Ceramics and parts of the London Centre for Nanotechnology and Department of Bi ...
, and
City and Guilds of London Institute The City and Guilds of London Institute is an educational organisation in the United Kingdom. Founded on 11 November 1878 by the City of London and 16 livery companies – to develop a national system of technical education, the institute has ...
into one university. In 1909,
King Edward VII Edward VII (Albert Edward; 9 November 1841 – 6 May 1910) was King of the United Kingdom of Great Britain and Ireland and Emperor of India, from 22 January 1901 until his death in 1910. The second child and eldest son of Queen Victoria an ...
laid the foundation stone for the
Royal School of Mines The Royal School of Mines comprises the departments of Earth Science and Engineering, and Materials at Imperial College London. The Centre for Advanced Structural Ceramics and parts of the London Centre for Nanotechnology and Department of Bi ...
building, which is part of the present day Business School facilities. In 1955, Imperial's first MSc in Production Engineering and Management was launched at 14 Prince's Gate. In 1961, Imperial launches an MSc in Operational Research and Management Studies. In 1964, executive education short courses were launched in Operational Research. In 1965, Imperial and the
London School of Economics , mottoeng = To understand the causes of things , established = , type = Public research university , endowment = £240.8 million (2021) , budget = £391.1 milli ...
co-sponsor the founding of the
London Business School London Business School (LBS) is a business school and a constituent college of the federal University of London. LBS was founded in 1964 and awards post-graduate degrees (Master's degrees in management and finance, MBA and PhD). Its motto is " ...
. At the request of the UK Government, the Rector of Imperial College and Director of the London School of Economics became one of the seven members to guide the academic staff at the London Business School. In 1971, a Department of Management Science was created. In 1978, the Department of Social & Economic Studies was formed. In 1987, The Departments of Management Science and Department of Social & Economic Studies merged to form a Management School at 53 Prince's Gate. In 1989, an Executive MBA was launched.Gay, p 580 In 2001, an Entrepreneurship Centre was established. In 2002, a Distance Learning MBA was formed. In 2003, an Innovation and Entrepreneurial group was established. In 2003, Business is elevated to Faculty status at Imperial College London. In 2004,
Queen Elizabeth II Elizabeth II (Elizabeth Alexandra Mary; 21 April 1926 – 8 September 2022) was Queen of the United Kingdom and other Commonwealth realms from 6 February 1952 until her death in 2022. She was queen regnant of 32 sovereign states during ...
opened the Imperial College Business School. In 2021, Imperial's White City Campus was opened.


Campus

The business school was likened after
The Crystal Palace The Crystal Palace was a cast iron and plate glass structure, originally built in Hyde Park, London, Hyde Park, London, to house the Great Exhibition of 1851. The exhibition took place from 1 May to 15 October 1851, and more than 14,000 exhibit ...
that housed the
Great Exhibition The Great Exhibition of the Works of Industry of All Nations, also known as the Great Exhibition or the Crystal Palace Exhibition (in reference to the temporary structure in which it was held), was an international exhibition which took pl ...
in adjacent Hyde Park. Designed by Lord Norman Foster, the building incorporates the
Royal School of Mines The Royal School of Mines comprises the departments of Earth Science and Engineering, and Materials at Imperial College London. The Centre for Advanced Structural Ceramics and parts of the London Centre for Nanotechnology and Department of Bi ...
Goldsmith's wing, including its 19th century vaults. The school has additional facilities at Prince's Gate. Some teaching and research will operate from Imperial's White City campus as well.


Programmes

The business school offers postgraduate education including an MBA, Masters, and Doctoral courses, as well as executive education.


Research Centres

The business school has a number of centres from which research and consulting take place: * Brevan Howard Centre for Financial Analysis * Centre for Climate Finance & Investment * Centre for Digital Transformation * Centre for Financial Technology * Centre for Health Economics & Policy Innovation * Centre for Responsible Leadership * Gandhi Centre for Inclusive Innovation * Imperial Business Analytics * Imperial Business Design Studio * Leonardo Centre on Business for Society


Rankings

University Overall Over the last 10 years, Imperial College London has consistently ranked in the top 5 European universities in the Times Higher Education and QS World University Rankings. * 2023
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 th ...
- 6th in the world; 3rd in Europe * 2023 THE World University Rankings - 10th in the world; 3rd in Europe * 2022
ARWU The ''Academic Ranking of World Universities'' (''ARWU''), also known as the Shanghai Ranking, is one of the annual publications of world university rankings. The league table was originally compiled and issued by Shanghai Jiao Tong University ...
- 23rd in the world; 6th in Europe Masters of Business Administration: * 2022
Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nik ...
- MBA: 9th in Europe * 2023 QS - MBA: 9th in Europe * 2023 QS - MBA specialization
entrepreneurship Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values t ...
: 1st in Europe. Subject Masters: * 2022
Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nik ...
: MSc Management - 2nd in the UK * 2023 QS: MSc Marketing - 1st in the UK, MSc Management - 2nd in the UK


People


Directors and deans

* Sam Eilon (1955–1987) * David Norbun (1987–2003) * David Begg (2003–2012) * Dorothy Griffiths (2012–2013) * G. "Anand" Anandalingam (2013–June 2016) * Nelson Phillips (July 2016–July 2017) * Francisco Veloso (August 2017 – present)


Notable academic staff

* Franklin Allen, Associate Dean Research and Faculty, executive director of the Brevan Howard Centre (2014–present) *
Carol Propper Dame Carol Propper is Professor of Economics at Imperial College Business School, Professor of Economics of Public Policy at Bristol University, and Professor of Health Economics at Monash University. She is also a senior research associate wit ...
, CBE, FBA, chair in Economics * William Perraudin, economist (former Chair in Finance, now adjunct professor) *
David Miles David Kenneth Miles (born 1959) is a British economist. Born in Swansea, he has spent his working life in London, in teaching, business and the public sector. He is a professor at Imperial College London, and was Chief UK Economist of Morgan ...
, CBE, Professor of Financial Economics *
George Yip George Yip �Management Issues interview with George Yipbr /> �Academy of International Business profile on George Yipbr/> �Curriculum vitae {{DEFAULTSORT:Yip, George Stephen Academics of London Business School People educated at Dover Coll ...
, Emeritus Professor of Marketing and Strategy * Tommaso Valletti, chair in Economics, Chief Competition Economist of the European Commission (2016–2019)


References


External links


Official site

Imperial College Business School
History and architecture of the school building {{Coord, 51.4992, -0.1748, type:edu_region:GB-WSM, display=title Business schools in England Foster and Partners buildings Educational institutions established in 2004
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, or ...
2004 establishments in England