Lancaster University Management School (LUMS) 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 ...
of
Lancaster University
Lancaster University (legally The University of Lancaster) is a public university, public research university in Lancaster, Lancashire, Lancaster, Lancashire, England. The university was established in 1964 by royal charter, as one of several pla ...
in
Lancaster, England. The school was established in 1964. A full range of subjects are taught, ranging from undergraduate degrees to postgraduate degrees, including executive and full-time
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 ...
s, PhDs and post-experience
executive education
Executive education (ExEd or Exec. Ed) refers to academic programs at graduate-level business schools for executives, business leaders and functional managers globally. These programs are generally non-credit and non-degree-granting, but sometime ...
. The ''
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 ...
'' consistently ranks Lancaster University's MBA programme amongst the top in the world.
Reputation and accreditation
In 2022, Lancaster University was ranked in the top 15 UK universities in several major national league tables (outlined in table below). LUMS is one of a small group of business schools in the world to have achieved quadruple accreditation by the leading international business school accreditation organisations:
*
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 ...
(USA)
*
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 (EFMD ...
(Europe)
*
Association of MBAs
The Association of MBAs (AMBA) is a global organisation founded in 1967 which focuses primarily on international business school accreditation and membership.
Roles
Based in London, AMBA is one of the three main global accreditation bodies in ...
(UK)
* Small Business Charter (UK)
The School was awarded an Athena Swan Bronze award in 2021, in recognition of its commitment to advancing gender equality.
Lancaster University Rankings
Lancaster University Management School Rankings
Campus and facilities
LUMS is one of the four faculties of Lancaster University and is situated on the university campus, south of the city of Lancaster. The campus consists of a number of new buildings and facilities grouped together near the south end of the campus.
Within the Management School, the Hub area and atrium of the school opened in 2005. The Charles Carter Building opened in 2010 and provides additional teaching and study facilities. The West Pavilion building opened in 2021, providing new lecture theatres, study and teaching space. From 2022, it is home to the Departments of Entrepreneurship and Strategy, Marketing, and Organisation, Work and Technology.
Organisational relationships
LUMS has worked in partnership with many companies to develop customised executive education. Partners have included:
AstraZeneca
AstraZeneca plc () is a British-Swedish multinational pharmaceutical and biotechnology company with its headquarters at the Cambridge Biomedical Campus in Cambridge, England. It has a portfolio of products for major diseases in areas includin ...
,
BAE Systems
BAE Systems plc (BAE) is a British multinational arms, security, and aerospace company based in London, England. It is the largest defence contractor in Europe, and ranked the seventh-largest in the world based on applicable 2021 revenues. ...
,
Bass,
British Airways
British Airways (BA) is the flag carrier airline of the United Kingdom. It is headquartered in London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a populati ...
,
Pilkington
Pilkington is a Japanese-owned glass-manufacturing company which is based in Lathom, Lancashire, United Kingdom. In the UK it includes several legal entities and is a subsidiary of Japanese company NSG Group.
Prior to its acquisition by NSG ...
,
Rexam
Rexam plc was a British-based multinational consumer packaging company headquartered in London, England. After spending much of its life as a paper producer known as Bowater, it diversified and became a leading manufacturer of beverage cans. It ...
,
Royal & Sun Alliance
RSA Insurance Group Limited ( trading as RSA, formerly RSA Insurance Group plc and Royal and Sun Alliance) is a British multinational general insurance company headquartered in London, England. RSA has major operations in the United Kingdom, Ir ...
and
Total. The School has worked with many public sector organisations including the
NHS
The National Health Service (NHS) is the umbrella term for the publicly funded healthcare systems of the United Kingdom (UK). Since 1948, they have been funded out of general taxation. There are three systems which are referred to using the " ...
and The
UK Cabinet Office. Through its Department of Entrepreneurship and Strategy, it also provides business support and knowledge transfer for small and medium enterprises in England's North West region. LUMS was awarded a Small Business Charter Gold Award
in 2014.
In 2005, LUMS partnered with
Ernst & Young
Ernst & Young Global Limited, trade name EY, is a multinational professional services partnership headquartered in London, England. EY is one of the largest professional services networks in the world. Along with Deloitte, KPMG and Pricewaterh ...
to offer undergraduate degrees in Accounting and Finance, in which students undertake two periods of paid work-experience with Ernst & Young, in preparation for a
Chartered Accountant career. Several LUMS postgraduate programmes have modules designed and delivered by employers – these include
Accenture,
Deloitte
Deloitte Touche Tohmatsu Limited (), commonly referred to as Deloitte, is an international professional services network headquartered in London, England. Deloitte is the largest professional services network by revenue and number of profession ...
,
Cisco
Cisco Systems, Inc., commonly known as Cisco, is an American-based multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware, ...
,
IBM and
SAP AG
Sap is a fluid transported in xylem cells (vessel elements or tracheids) or phloem sieve tube elements of a plant. These cells transport water and nutrients throughout the plant.
Sap is distinct from latex, resin, or cell sap; it is a sepa ...
.
Academic profile
Seven subject areas exist within the Management School: Accounting and Finance, Economics, Entrepreneurship and Strategy, Management Science, Marketing, Organisation, Work and Technology, and Business and Management.
Research focus
In the 2021
Research Excellence Framework
The Research Excellence Framework (REF) is a research impact evaluation of British higher education institutions. It is the successor to the Research Assessment Exercise and it was first used in 2014 to assess the period 2008–2013. REF is under ...
(REF), Lancaster University Management School submitted to Unit of Assessment (UoA) 17: Business and Management Studies. LUMS was ranked 1st in the UK for 'research power' - a recognition of breadth and depth of research expertise; equal-first for research environment (both of these rankings were retained from the previous REF in 2014); and 21st for grade point average (GPA).
The School's research focuses around three main pillars: Sustainability; Social Justice; and Innovation in Place. Ten research centres allow researchers from different departments to work together on projects.
Research Centres at LUMS
*Centre for Consumption Insights
*Centre for Family Business
*Centre for Financial Econometrics, Asset Markets and Macroeconomic Policy
*Centre for Health Futures
*Centre for Marketing Analytics and Forecasting
*Pentland Centre for Sustainability in Business
*Centre for Practice Theory (in conjunction with the Faculty of Arts and Social Sciences at Lancaster University)
*Centre for Productivity and Efficiency
*Centre for Technological Futures
*Centre for Transport and Logistics
Postgraduate study
LUMS delivers a range of taught and research courses, catering for continuing students and professional and executive training. Postgraduate students who study at LUMS are automatically made members of
Graduate College.
Alumni profiles
LUMS, University of Lancaster, UK.
Undergraduate study
LUMS currently has 2,268 undergraduate students enrolled, all of which will have been assigned to a college of Lancaster University
Lancaster University (legally The University of Lancaster) is a public university, public research university in Lancaster, Lancashire, Lancaster, Lancashire, England. The university was established in 1964 by royal charter, as one of several pla ...
in their first year. Most programmes offer the capability to take part in an industrial placement year. It is argued that such placement- or internship-focused degrees enhance students' employability
Employability refers to the attributes of a person that make that person able to gain and maintain employment.
Overview
Employability is related to work and the ability to be employed, such as:
*The ability to gain initial employment; hence the ...
upon completion of degree programmes.
Extra-curricular
A range of extra-curricular opportunities exist at LUMS, in addition to those available within Lancaster University
Lancaster University (legally The University of Lancaster) is a public university, public research university in Lancaster, Lancashire, Lancaster, Lancashire, England. The university was established in 1964 by royal charter, as one of several pla ...
. Each year, the School submits a number of teams into the UK IBM Business Challenge and is involved in numerous case competition
In a case competition, participants strive to develop the best solution to a business or education-related case study within an allocated time frame, typically with teams of two or more individuals pitted against each other in a head-to-head or bro ...
s.
Study abroad and international exchanges
Lancaster University
Lancaster University (legally The University of Lancaster) is a public university, public research university in Lancaster, Lancashire, Lancaster, Lancashire, England. The university was established in 1964 by royal charter, as one of several pla ...
has an international exchange programme of which LUMS is an active member. Study Abroad Programmes enable students from one host university or institution to "swap" places with another from an alternative institution so that both may enjoy a new culture, setting and different approach to learning. Many of the undergraduate programmes at LUMS include the option to study abroad for periods ranging from one term to one year.
Notable alumni
References
External links
Lancaster University Management School website
{{Authority control
Educational institutions established in 1964
Business schools in England
Lancaster University
Departments of Lancaster University
1964 establishments in England