The Louvain School of Management (LSM, formerly IAG) is the international

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 the

University of Louvain A university () is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines. ''University'' is derived from the Latin phrase ''universitas magistrorum et scholarium'', which ...

(UCLouvain), Belgium, founded in 1897. The faculty offers courses on the campuses of

Louvain-la-Neuve Louvain-la-Neuve (, French for ''New Leuven''; wa, Li Noû Lovén) is a planned town in the municipality of Ottignies-Louvain-la-Neuve, Wallonia, Belgium, situated 30 km southeast of Brussels, in the province of Walloon Brabant. The town w ...

, UCLouvain FUCaM Mons and UCLouvain Charleroi. The school is accredited by the

European Quality Improvement System 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 (E ...

(EQUIS) and is the Belgian member of the Community of European Management Schools (CEMS). LSM offers

Bachelor's A bachelor's degree (from Middle Latin ''baccalaureus'') or baccalaureate (from Modern Latin ''baccalaureatus'') is an undergraduate academic degree awarded by colleges and universities upon completion of a course of study lasting three to six ...

and

Master's degree A master's degree (from Latin ) is an academic degree awarded by universities or colleges upon completion of a course of study demonstrating mastery or a high-order overview of a specific field of study or area of professional practice.

s (Master in Management Science and Master in Business Engineering), PhD programs and conducts research in Economics and Management Sciences and Executive Education Programs, including an Executive Master Program in Business Administration. The core faculty comprises 55 professors (all of them having a PhD degree), and around 150 visiting faculty members from corporate world or other universities. The school is also affiliated with two research and development institutes, th
Louvain Research Institute in Management and Organizations
an
Louvain Institute for Data Analysis and Modelling
with over 100 active PhD and Post-Doctoral researchers.

History

The Louvain School of Management was founded in 1897 under the name "école des sciences commerciales et consulaires" as a department of UCLouvain. In 1972 it became the "Institut d'Administration et de Gestion" (lAG), under the Faculty of Economic, Social and Political Sciences and Communication. In 1989 the School started to offer a systematic exchange program. It is a member since 1989 of the CEMS network and since 1990 of the PIM network. It is also affiliated through the University to a large number of international corporate, research and education networks such as CLUSTER or COIMBRA. In 2005 it became an autonomous part of UCLouvain and started to brand itself internationally as the Louvain School of Management. In 2006 it launched its International executive MBA. It became an independent faculty in 2010. In 2011, LSM merged with the department of management of the

Facultés universitaires catholiques de Mons UCLouvain FUCaM Mons is a satellite campus of the University of Louvain (UCLouvain) in Mons, Wallonia, Belgium founded in 1896. Until 2011, it was an independent institution known as the Catholic university of Mons (French name: ''Facultés uni ...

(now UCLouvain FUCaM Mons). So far, LSM is operating on three campuses:

Mons Mons (; German and nl, Bergen, ; Walloon and pcd, Mont) is a city and municipality of Wallonia, and the capital of the province of Hainaut, Belgium. Mons was made into a fortified city by Count Baldwin IV of Hainaut in the 12th century. ...

and

Charleroi Charleroi ( , , ; wa, Tchålerwè ) is a city and a municipality of Wallonia, located in the province of Hainaut, Belgium. By 1 January 2008, the total population of Charleroi was 201,593.

. Negotiations for a full merger with two other universities, the Facultés universitaires Notre-Dame de la Paix (FUNDP) located in

Namur Namur (; ; nl, Namen ; wa, Nameur) is a city and municipality in Wallonia, Belgium. It is both the capital of the province of Namur and of Wallonia, hosting the Parliament of Wallonia, the Government of Wallonia and its administration. Na ...

and the

Facultés universitaires Saint-Louis Saint-Louis University, Brussels or UCLouvain Saint-Louis Brussels (officially, in French Université Saint-Louis – Bruxelles) is a public university in Brussels, belonging to the French Community of Belgium and specialized in social and huma ...

(FUSL) located in

Brussels Brussels (french: Bruxelles or ; nl, Brussel ), officially the Brussels-Capital Region (All text and all but one graphic show the English name as Brussels-Capital Region.) (french: link=no, Région de Bruxelles-Capitale; nl, link=no, Bruss ...

, were halted in 2012, however the latter (

UCLouvain Saint-Louis - Bruxelles Saint-Louis University, Brussels or UCLouvain Saint-Louis Brussels (officially, in French Université Saint-Louis – Bruxelles) is a public university in Brussels, belonging to the French Community of Belgium and specialized in social and huma ...

) has

de facto ''De facto'' ( ; , "in fact") describes practices that exist in reality, whether or not they are officially recognized by laws or other formal norms. It is commonly used to refer to what happens in practice, in contrast with '' de jure'' ("by l ...

integrated UCLouvain in 2018, restarting negotiations for an implementation in Brussels.

Academic programs

The Louvain School of Management offers the following main graduate programs in French or English: * Master in Management Science (120 ECTS, 2 years) * Master in

Business engineering A business process, business method or business function is a collection of related, structured activities or tasks by people or equipment in which a specific sequence produces a service or product (serves a particular business goal) for a parti ...

(120 ECTS, 2 years) * Master in Management (1 year) (60-75 ECTS, Master-after-Master or "Junior" MBA) * PhD in Economics and Management Sciences (180 ECTS, 3 years) The Master in Business Engineering and the Master in Management Science include the following specialised tracks: * Master in International Management ( CEMS MIM programme) * Master with one full year abroad (“International Business”) * Master with one year spent in a partner institution (Double Degree) * Master with a specialisation in entrepreneurship (“CPME”) A one-year, 75 ECTS version of the Master in Business Engineering and Master in Management is also offered for foreign students with already a four- or five-year degree in management. In addition, the school proposes elective modules in different fields: finance, marketing, European business, e-commerce, human resources, tax policy, accounting and control, supply chain management, logistics and transport,

digital marketing Digital marketing is the component of marketing that uses the Internet and online based digital technologies such as desktop computers, mobile phones and other digital media and platforms to promote products and services. Its development dur ...

, innovation management, technological project, business data analytics, ... Executive Masters such as th
International Executive MBA (IEMBA)
are also offered.

Accreditation

Louvain School of Management holds the international accreditation

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 ...

since 2006, unconditional five-year since 2019. LSM as part of UCLouvain is a higher education institute, recognized and subsidized by decree, accredited by the Belgian agency AEQES.

Rankings

LSM the only Belgian school to offer the CEMS Master in International Management Program (MIM) ranked n°8 worldwide by 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, Nikke ...

in 2019 (1st position in Belgium among Masters in Management). The School is ranked #1 in Belgium by

Eduniversal Eduniversal is a university ranking business by the French consulting company and rating agency ''SMBG'' specialized in Higher Education. Founded in 1994, one of the main goals of Eduniversal is to provide a tool, for students all around the world, ...

as the only Belgian management school with the highest rank (five palmes). In addition, the Master in Business Engineering at LSM is annually ranked in the ''

'' (70th position worldwide, three-year average 2018-2019-2020).

Research

The research activities in the management faculty are carried out mainly in three research institutes of UCLouvain. Th
Louvain Research Institute in Management and Organizations
is organized in four research groups:
The Centre for Research in Entrepreneurial Change and Innovative Strategies (CRECIS)

The Centre on Consumers Relations and Responsible Marketing (CERMA)

The Center in Management Information Systems (CEMIS)
Th
Louvain Institute for Data Analysis and Modelling
is producing management research within *

Center for Operations Research and Econometrics The Center for Operations Research and Econometrics (CORE) is an interdisciplinary research institute of the University of Louvain (UCLouvain) located in Louvain-la-Neuve, Belgium. Since 2010, it is part of the Louvain Institute of Data Analysis ...

(CORE)
Louvain Finance (LFIN)
Th
Institute for the Analysis of Change in Contemporary and Historical Societies
is a larger institute with faculty from the Louvain School of Management primarily active in
Centre de recherches interdisciplinaires, Démocratie, Institutions, Subjectivité (CRIDIS)

International Relations

LSM has a large network of academic partners in the world, it is notably part of the CEMS, Partnership in International Management (PIM) and the 'Consortium Linking Universities of Science and Technology for Education and Research' (CLUSTER) networks. LSM also has established double degrees agreement universities abroad, including: The

University of Cologne The University of Cologne (german: Universität zu Köln) is a university in Cologne, Germany. It was established in the year 1388 and is one of the most prestigious and research intensive universities in Germany. It was the sixth university to ...

Aalto University School of Economics The Aalto University School of Business ( fi, Aalto-yliopiston kauppakorkeakoulu; sv, Aalto-universitets handelshögskola), is the largest business school in Finland. Founded in 1911, it is the second oldest business school in Finland and one of ...

, EGADE,

Norwegian School of Economics The Norwegian School of Economics ( no, Norges Handelshøyskole) or NHH is a business school situated in Bergen, Norway. It was founded in 1936 as Norway's first business school and is a leading teaching and research institution in the fields of ...

Nova School of Business and Economics Nova School of Business & Economics (Nova SBE) is a leading business school in Portugal and one of the best business schools in the world in the areas of Economics, Finance and Management. It offers Bachelor's, Master's, Ph.D., MBA as well as Ex ...

Instituto Superior Técnico Instituto Superior Técnico MHSE • MHIP (IST, also known colloquially as Técnico, and stylized TÉCNICO LISBOA) is a public school of engineering and technology, part of University of Lisbon. It was founded as an autonomous school in 1911 ...

University of Economics, Prague The Prague University of Economics and Business (PUEB) (originally: ''the University of Economics, Prague''; '' cs, Vysoká škola ekonomická v Praze, VŠE'') is a triple crown accredited economics and business-oriented public university loc ...

Aix-Marseille University Aix-Marseille University (AMU; french: Aix-Marseille Université; formally incorporated as ''Université d'Aix-Marseille'') is a public research university located in the Provence region of southern France. It was founded in 1409 when Louis II o ...

and the Fundação Getúlio Vargas. Other agreements, aimed at reducing the length of the studies for an MBA program at these universities for LSM graduates, have been signed with the

University of Chicago Booth School of Business The University of Chicago Booth School of Business (Chicago Booth or Booth) is the graduate business school of the University of Chicago. Founded in 1898, Chicago Booth is the second-oldest business school in the U.S. and is associated with 10 N ...

and the

Samuel Curtis Johnson Graduate School of Management The Samuel Curtis Johnson Graduate School of Management is the graduate business school in the SC Johnson College of Business at Cornell University, a private Ivy League university located in Ithaca, New York. It was founded in 1946 and renam ...

Cornell University Cornell University is a private statutory land-grant research university based in Ithaca, New York. It is a member of the Ivy League. Founded in 1865 by Ezra Cornell and Andrew Dickson White, Cornell was founded with the intention to ...

. LSM also offers an International Business track allowing a full year abroad by combining a one-semester academic exchange with a 6-months internship in a foreign company. Most LSM's Master students undertake at least one term abroad as part of their studies in one of the 150 different universities who have agreement with the school. As well, most of the students do an internship of 3 to 6 months.

Alumni

The Louvain School of Management's alumni are grouped in the Alumni LSM association. Amongst the 20 biggest Belgian companies quoted in the

BEL20 The BEL 20 is the benchmark stock market index of Euronext Brussels. It tracks the performance of 20 most capitalized and liquid stocks traded in Belgium. In general, the index consists of a minimum of 10 and a maximum of 20 companies traded ...

index, 7 have their CEO and/or at least one member of the board who are alumni of the Louvain School of Management. Famous alumni are: * John J. Goossens (1944-2002), former CEO of

Belgacom The Proximus Group is a provider of digital services and communication in Belgium and the international markets. In Belgium, its main products and services are offered under the Proximus, Scarlet, and Mobile Vikings brands. The Group is also act ...

(now

Proximus Group The Proximus Group is a provider of digital services and communication in Belgium and the international markets. In Belgium, its main products and services are offered under the Proximus, Scarlet, and Mobile Vikings brands. The Group is also acti ...

) *

Pierre-Olivier Beckers Pierre-Olivier, Baron Beckers-Vieujant (Uccle, 3 May 1960) is a Belgian businessman and former CEO of Delhaize. Biography Born Pierre-Olivier Beckers, he is the youngest of the six children of Guy Beckers, a former president and CEO of Delhaize ...

, former CEO of

Delhaize Delhaize Group SA (, ) was a Belgian multinational retail company headquartered in Molenbeek-Saint-Jean, Brussels, Belgium, and operated in seven countries and on three continents. The principal activity of Delhaize Group was the operation of f ...

Food Lion Food Lion is an American regional grocery store chain headquartered in Salisbury, North Carolina, that operates over 1100 supermarkets in 10 states of the Mid-Atlantic and Southeastern United States (Delaware, Georgia, Kentucky, Maryland, North ...

* Frank Beuselinck, former CEO of

DHL DHL is an American founded, German logistics company providing courier, package delivery and express mail service, which is a division of the German logistics firm Deutsche Post. The company group delivers over 1.8 billion parcels per year. DHL ...

Belgium * Michel Georgis, former CEO of

Proximus Proximus (stylised as pro⌘imus; formerly known as Belgacom Mobile) is the largest of Belgium's three mobile telecommunications companies and is a part of Proximus Group (previously Belgacom Group). It competes with Orange Belgium and Base. ...

, former Executive Vice-President Consumer Business Unit of

* Jean Hilgers, chairman of the board of the

National Bank of Belgium The National Bank of Belgium (NBB; nl, Nationale Bank van België, french: Banque nationale de Belgique, german: Belgische Nationalbank) has been the central bank of Belgium since 1850. The National Bank of Belgium was established with 100% pr ...

* Georges Jacobs, former chairman of the board of

UCB (company) UCB (Union Chimique Belge) is a multinational biopharmaceutical company headquartered in Brussels, Belgium. UCB is an international company with revenue of €4.178 billion in 2016 which focuses primarily on research and development, specifical ...

and of

Group * Jean-Claude Logé, former CEO of Systemat * Claude Meyer, former CEO of

Procter & Gamble The Procter & Gamble Company (P&G) is an American multinational consumer goods corporation headquartered in Cincinnati, Ohio, founded in 1837 by William Procter and James Gamble. It specializes in a wide range of personal health/consumer he ...

Europe * Aloïs Michielsen, former chairman of the board Solvay * Charles Picqué, politician, former Minister-President of the Brussels Region *

Jean Stéphenne Jean, Baron Stéphenne is a Belgian businessman. He studied chemistry and bioindustries and obtained an MSc degree at the Faculté universitaire des sciences agronomiques de Gembloux in 1972 and an MBA degree from the Université catholique de ...

, former CEO of

GlaxoSmithKline Biologicals GSK plc, formerly GlaxoSmithKline plc, is a British multinational pharmaceutical and biotechnology company with global headquarters in London, England. Established in 2000 by a merger of Glaxo Wellcome and SmithKline Beecham. GSK is the tent ...

* Michel Tilmant, former CEO of

ING Ing, ING or ing may refer to: Art and media * '' ...ing'', a 2003 Korean film * i.n.g, a Taiwanese girl group * The Ing, a race of dark creatures in the 2004 video game '' Metroid Prime 2: Echoes'' * "Ing", the first song on The Roches' 199 ...

Philippe Vander Putten Philippe Vander Putten (born 1959) is a Belgian businessman. He is the former chief executive officer of Brussels Airlines and the CEO of the Belgian Olympic Committee. Education Vander Putten earned a master's degree in management at the IAG (n ...

, former CEO of

Brussels Airlines Brussels Airlines is the flag carrier and largest airline of Belgium, based and headquartered at Brussels Airport. It operates to over 100 destinations in Europe, North America and Africa and also offers charter services, maintenance and cre ...

External links

*
CEMS website

International Executive MBA

References

{{DEFAULTSORT:Louvain School of Management Business schools in Belgium Universities in Belgium Educational institutions established in 1897 Université catholique de Louvain Catholic universities and colleges in Belgium Universities and colleges formed by merger in Belgium 1897 establishments in Belgium

History

Academic programs

Accreditation

Rankings

Research

International Relations

Alumni

See also

External links

References