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London Business School (LBS) is a
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 ...
and a constituent college of the federal
University of London The University of London (UoL; abbreviated as Lond or more rarely Londin in post-nominals) is a federal public research university located in London, England, United Kingdom. The university was established by royal charter in 1836 as a degr ...
. LBS was founded in 1964 and awards post-graduate degrees (Master's degrees in management and finance, MBA and PhD). Its motto is "To have a profound impact on the way the world does business". LBS is consistently ranked amongst the world's best business schools. The main campus is located at Sussex Place in London, adjacent to
Regent's Park Regent's Park (officially The Regent's Park) is one of the Royal Parks of London. It occupies of high ground in north-west Inner London, administratively split between the City of Westminster and the Borough of Camden (and historically betwee ...
. In 2012, the school acquired the Marylebone Town Hall and spent £60 million to refurbish it with the objective of expanding its teaching facilities by 70% - the new building is called The Sammy Ofer Centre. In 2017, it was announced that LBS had also acquired the site of the
Royal College of Obstetricians and Gynaecologists The Royal College of Obstetricians and Gynaecologists (RCOG) is a professional association based in London, United Kingdom. Its members, including people with and without medical degrees, work in the field of obstetrics and gynaecology, that ...
, who vacated the building in November 2019. LBS has a secondary campus in
Dubai Dubai (, ; ar, wikt:دبي, دبي, translit=Dubayy, , ) is the List of cities in the United Arab Emirates#Major cities, most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 ...
that is dedicated to Executive Education and the Dubai EMBA.


History


Foundation

London Business School was founded in 1964 under the name of the London Graduate School of Business Studies','' with Dr. Arthur Earle as Dean. In 1965, the school was registered as a company and was designated by the
University of London The University of London (UoL; abbreviated as Lond or more rarely Londin in post-nominals) is a federal public research university located in London, England, United Kingdom. The university was established by royal charter in 1836 as a degr ...
as an institution having recognised teachers. In 1966, the first Executive Development Programme was launched, followed by the Senior Executive Programme. The same year, a full-time MSc degree was also launched, with Sheila Cross enrolling as the School's first female student. In 1968, the School inaugurated the Sloan Fellowship MSc programme, which was the first one outside of the US. 17 students were enrolled and the programme was funded by the Alfred P. Sloan foundation. The first doctoral programme was established in 1969 and in 1970 Her Majesty
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 School's
Regent's Park Regent's Park (officially The Regent's Park) is one of the Royal Parks of London. It occupies of high ground in north-west Inner London, administratively split between the City of Westminster and the Borough of Camden (and historically betwee ...
campus. The first PhD was awarded in 1974, and that year women made up over 15% of the student body for the first time. In 1983, the first part-time MBA programme was held under the direction of Sir Andrew Likierman, a former Dean of the School. In 1986, the school officially became the ''London Business School'' and was incorporated 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 gave LBS the right to confer and grant degrees. In 1992, the School was given the Queen's Award for Export in recognition of providing educational services to managers and companies worldwide. The following year, the school started its first Masters in Finance programme and in 2001, the EMBA-Global degree programme in partnership with the
Columbia Business School Columbia Business School (CBS) is the business school of Columbia University, a private research university in New York City. Established in 1916, Columbia Business School is one of six Ivy League business schools and is one of the oldest bus ...
. In 2007 a new campus was opened in
Dubai Dubai (, ; ar, wikt:دبي, دبي, translit=Dubayy, , ) is the List of cities in the United Arab Emirates#Major cities, most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 ...
to offer both Executive MBA and Executive Education Programmes. In 2009, the school started two new programmes: The EMBA-Global Asia, in partnership with the
University of Hong Kong The University of Hong Kong (HKU) (Chinese: 香港大學) is a public research university in Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hon ...
and
Columbia Business School Columbia Business School (CBS) is the business school of Columbia University, a private research university in New York City. Established in 1916, Columbia Business School is one of six Ivy League business schools and is one of the oldest bus ...
, and the Masters in Management (MiM). In 2012, the school acquired Marylebone Town Hall and restored it with the objective of expanding its teaching facilities by 70 per cent. The building was renamed "The Sammy Ofer Centre" in honour of a generous donor, the Ofer Family, who made a gift for the development of the building, which was opened in 2017. In 2016, LBS launched a new programme, the Masters in Financial Analysis, aimed at recent graduates who wish to pursue a career in finance, and acquired the lease of the neighbouring building of the Royal College of Obstetricians and Gynaenocologists, which it will occupy in 2020. With the objective of increasing its size, the school organised a £100 million funding campaign. By the beginning of 2016, it had raised £98 million, £40 million of which will be used to renovate the Marylebone Town Hall, with £28 million for research, £18 million in scholarships for students, £10 million to increase the school's endowment, and £4 million to improve technology across the school. By June 2016, the school had raised £125 million, including two £25 million gifts from alumni Jim Ratcliffe and Idan Ofer. François Ortalo-Magné, the French-born former Dean of the Wisconsin School of Business, succeeded Sir Andrew Likierman as Dean in August 2017.


Campus

The campus is located at Sussex Place in
Marylebone Marylebone (usually , also , ) is a district in the West End of London, in the City of Westminster. Oxford Street, Europe's busiest shopping street, forms its southern boundary. An ancient parish and latterly a metropolitan borough, it ...
, on the perimeter of
Regent's Park Regent's Park (officially The Regent's Park) is one of the Royal Parks of London. It occupies of high ground in north-west Inner London, administratively split between the City of Westminster and the Borough of Camden (and historically betwee ...
. LBS maintains a number of facilities, including a sports centre, restaurant, three cafes and a library, all dedicated for the exclusive use of its community. There is also a privately run pub, 'The Windsor Castle' attached to the campus. Most classrooms for the MBA are located in the Sainsbury Wing, the centre of the terrace, most of which are 100-student
amphitheatre An amphitheatre (British English) or amphitheater (American English; both ) is an open-air venue used for entertainment, performances, and sports. The term derives from the ancient Greek ('), from ('), meaning "on both sides" or "around" and ...
rooms. There is no accommodation on campus for students in full-time programmes, although there are rooms on-campus for visiting faculty and executive education participants. Most students choose to live in nearby private residential buildings or in students halls of residence such as the International Students House, London. LBS is expanding its campus in central London. The business school has redeveloped the Marylebone Town Hall into classrooms and offices at the Sammy Ofer Centre. It will further expand it in 2020 (see above).


Organisation and administration


List of the London Business School Deans

List of the Deans from 1965 to today:


Academics


Admission

All candidates must take international exams related to their English abilities (
TOEFL Test of English as a Foreign Language (TOEFL ) is a standardized test to measure the English language ability of non-native speakers wishing to enroll in English-speaking universities. The test is accepted by more than 11,000 universities a ...
) or IELTS and mathematic/logical reasoning skills ( GMAT or GRE). Candidates are also asked to write several
essay An essay is, generally, a piece of writing that gives the author's own argument, but the definition is vague, overlapping with those of a letter, a paper, an article, a pamphlet, and a short story. Essays have been sub-classified as formal a ...
s (topics are related to the envisaged programmes). The recruitment process has two steps. The first one consists of sending an application with the following information: * An application form (administrative and academic information on the candidate, but also his/her career plan and personal ambitions) * Several essays * The GMAT or GRE scores. The average GMAT score is usually around 700 (90th percentile) * The TOEFL scores (English test) * A one-page resume (CV) * Two reference letters (one academic and one professional) * The candidate's academic transcript Once the application has been accepted, an examination is made by the selection committee. Candidates meeting the criteria of the school will be invited for an interview on campus in London. If this latter step is a success, the candidate receives an offer from LBS.


Master in Business Administration (MBA)

The school's flagship programme is its full-time 15–21-month
Master of Business Administration 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 ...
degree. MBA students take a prescribed set of core courses then choose from roughly 70 different electives. Class size has been around 400 students in every annual cohort. These are broken into 5 streams of approximately 80 students who take all core courses together. The admission process is highly competitive and selective. Beyond academics, the school puts an emphasis on personal and professional development including
leadership Leadership, both as a research area and as a practical skill, encompasses the ability of an individual, group or organization to "lead", influence or guide other individuals, teams, or entire organizations. The word "leadership" often gets v ...
, global awareness, and business skill building. These developments are facilitated via specialized workshops led by external consultants, students, and faculty. In addition to a range of elective courses at the London Business School, the school has partnerships with around 32 exchange schools around the world. Each academic year around 100 students spend a term at another leading business school. The MBA program at LBS is widely considered to be one of the top 10 in the world. In the Financial Times' 2015 Global MBA Rankings, LBS ranked 2nd in the world just behind
Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA ...
. In CNN Expansion's 2014 Global MBA Rankings, LBS ranked 5th in the world. In Business Insider's 2014 Global MBA Rankings, LBS ranked 9th in the world. In 2016, the school's MBA program was ranked No. 21 worldwide for social and environmental impact by ''
Corporate Knights Corporate Knights is a media and research company based in Toronto, Canada, focused on advancing a sustainable economy. The company publishes an award-winning magazine,  ''Corporate Knights'', and produces global rankings, research reports, a ...
'' magazine. Within Europe, LBS consistently ranks as one of the top 2 programmes. In the 2014/2015 QS Global 200 Business Schools Report, the London Business School MBA Program ranked 1st among all one-year and two-year European MBA programs. Among non-U.S. two-year MBA programmes, LBS was ranked 1st by ''
Bloomberg BusinessWeek ''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City ...
'' in 2012, 3rd by ''
The Economist ''The Economist'' is a British weekly newspaper printed in demitab format and published digitally. It focuses on current affairs, international business, politics, technology, and culture. Based in London, the newspaper is owned by The Eco ...
'' in 2012, 1st by ''
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 ...
'' in 2014 and 2012, and 1st by ''
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...
'' in 2011, 2012, and 2013. The MBA Programme has one of the world's largest international exchange programmes. Each year approximately 35 percent of second-year MBAs spend a term abroad at one of over 30 partner schools, including
NYU Stern School of Business The New York University Leonard N. Stern School of Business (commonly referred to as NYU Stern, The Stern School of Business, or simply Stern) is the business school of New York University, a private research university based in New York Cit ...
,
IESE Business School IESE Business School is the graduate business school of the University of Navarra. Founded in 1958 in Barcelona where its main campus is located,López, T. & Pampliega, J“La fundación del IESE (1956–1958)” Universidad de Navarra, Bibliote ...
, Booth School of Business of
The University of Chicago The University of Chicago (UChicago, Chicago, U of C, or UChi) is a private research university in Chicago, Illinois. Its main campus is located in Chicago's Hyde Park neighborhood. The University of Chicago is consistently ranked among the be ...
, The Wharton School of the
University of Pennsylvania The University of Pennsylvania (also known as Penn or UPenn) is a Private university, private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest- ...
,
UCLA Anderson School of Management The John E. Anderson Graduate School of Management, also known as the UCLA Anderson School of Management, is the graduate business school at the University of California, Los Angeles, one of eleven professional schools. The school offers MBA (ful ...
, the
MIT Sloan School of Management The MIT Sloan School of Management (MIT Sloan or Sloan) is the business school of the Massachusetts Institute of Technology, a private university in Cambridge, Massachusetts. MIT Sloan offers bachelor's, master's, and doctoral degree programs ...
,
Tuck School of Business The Tuck School of Business (also known as Tuck, and formally known as the Amos Tuck School of Administration and Finance) is the graduate business school of Dartmouth College, a private research university in Hanover, New Hampshire. Founde ...
at
Dartmouth College Dartmouth College (; ) is a private research university in Hanover, New Hampshire. Established in 1769 by Eleazar Wheelock, it is one of the nine colonial colleges chartered before the American Revolution. Although founded to educate Native ...
,
Columbia Business School Columbia Business School (CBS) is the business school of Columbia University, a private research university in New York City. Established in 1916, Columbia Business School is one of six Ivy League business schools and is one of the oldest bus ...
,
Kellogg School of Management The Kellogg School of Management at Northwestern University (also known as Kellogg) is the business school of Northwestern University, a private research university in Evanston, Illinois. Founded in 1908, Kellogg is one of the oldest and most p ...
at
Northwestern University Northwestern University is a private research university in Evanston, Illinois. Founded in 1851, Northwestern is the oldest chartered university in Illinois and is ranked among the most prestigious academic institutions in the world. Charte ...
,
Haas School of Business The Walter A. Haas School of Business, also known as Berkeley Haas, is the business school of the University of California, Berkeley, a public research university in Berkeley, California. It was the first business school at a public universit ...
at UC Berkeley,
McDonough School of Business The Robert Emmett McDonough School of Business, commonly shorted to the McDonough School of Business and abbreviated as the MSB, is the business school of Georgetown University in Washington, D.C. Founded in 1957, it grants both undergraduate an ...
at
Georgetown University Georgetown University is a private research university in the Georgetown neighborhood of Washington, D.C. Founded by Bishop John Carroll in 1789 as Georgetown College, the university has grown to comprise eleven undergraduate and graduate ...
, Indian School of Business among others.


Executive MBA

The school offers four Executive (part-time) MBA degrees, which are completed in 16–20 months. At an academic level, the school offers the same degree to both Executive (part-time) and full-time MBA students. The programmes involve very similar core courses to the full-time MBA, international field work and a wide range of elective courses. The course ends with a capstone together with company project or management report. * Executive MBA (London). * Executive MBA (Dubai). The programme begins with an orientation week in London. Following this, students take 10 core modules, which are taught in a four- or five-day block each month in Dubai. Students then undertake electives, which are primarily offered in London, and an international assignment. Two additional core modules take place in London. * EMBA-Global Americas and Europe. A further 140 executives are enrolled in the dual-degree EMBA-Global Programme. It is taught in partnership with
Columbia Business School Columbia Business School (CBS) is the business school of Columbia University, a private research university in New York City. Established in 1916, Columbia Business School is one of six Ivy League business schools and is one of the oldest bus ...
. Graduates are awarded degrees from both universities. The first year involves week-long modules each month alternating between London and New York. In the second year, students select from the full range of electives available at the participating schools. * EMBA-Global Asia. launched in 2008 jointly with Hong Kong University and Columbia. Teaching takes place at all three business schools. While the first year is modelled on the transatlantic EMBA-Global, the school states that because "EMBA-Global Asia is designed for people who have or will have significant trans-national responsibilities, all courses reflect a greater proportion of global material".


Sloan Masters in Leadership and Strategy

The
Sloan Fellows The Sloan Fellows program is the world's first mid-career and senior career master's degree in general management and leadership. It was initially supported by a grant from Alfred P. Sloan, the late CEO of General Motors, to his alma mater, MI ...
hip was established in 1968 and is a
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.
programme designed for senior executives, accomplished professionals and entrepreneurs with significant experience of decision-making at strategic levels. The admission process is highly competitive and selective. On average, Sloan Fellows already have 15 years of management experience when being admitted to the programme. A typical class is highly diverse and includes attendees from 13 to 23 countries. This 12-month, full-time master's degree programme focuses on strategy, leadership and change, and globalisation. The Sloan programme is also offered at
Stanford Graduate School of Business The Stanford Graduate School of Business (also known as Stanford GSB) is the graduate business school of Stanford University, a private research university in Stanford, California. For several years it has been the most selective business schoo ...
and the
MIT Sloan School of Management The MIT Sloan School of Management (MIT Sloan or Sloan) is the business school of the Massachusetts Institute of Technology, a private university in Cambridge, Massachusetts. MIT Sloan offers bachelor's, master's, and doctoral degree programs ...
.


Masters in Finance

The school offers a Master's in Finance ("MiF") programme on both a part- and full-time basis. Around 120 students attend the full-time programme, while 60 attend the part-time degree. In 2011, 2012, 2013, 2014, 2015, 2017, and 2020 it was ranked in 1st place amongst Masters in Finance (post-experience) programmes in the world 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, Nik ...
.


Masters in Financial Analysis (MFA)

The Masters in Financial Analysis is the most recent programme offered by the London Business School, starting in September 2016 and consists of 12 months of courses. The programme targets recent graduates with less than a year of work experience who plan to start a career in finance, typically as an analyst in an investment bank or in
consulting A consultant (from la, consultare "to deliberate") is a professional (also known as ''expert'', ''specialist'', see variations of meaning below) who provides advice and other purposeful activities in an area of specialization. Consulting servic ...
. The curriculum consists of 12 core courses based on 5 pillars (
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 ...
,
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 of the firm to the shareholders, and the tools and analysis used to all ...
,
Asset Management Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings ...
,
Financial Markets A financial market is a market in which people trade financial securities and derivatives at low transaction costs. Some of the securities include stocks and bonds, raw materials and precious metals, which are known in the financial ma ...
, and Financial Econometrics). The 12 courses are: * Corporate Finance * Capital Structure * Mergers & Acquisitions * Investment Fundamentals * Asset Management * Analysis of Financial Statements * Securities Valuation and Financial Modelling * World Economy * Financial Institutions * Personal Finance * Private Equity * Data and Time Series Analytics Students must also complete three electives of which a minimum of two must be related to finance. The programme includes a business immersion week within a company (
Google Google LLC () is an American Multinational corporation, multinational technology company focusing on Search Engine, search engine technology, online advertising, cloud computing, software, computer software, quantum computing, e-commerce, ar ...
,
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 professio ...
, CNN,
Accenture Accenture plc is an Irish-American professional services company based in Dublin, specializing in information technology (IT) services and consulting. A ''Fortune'' Global 500 company, it reported revenues of $61.6 billion in 2022. Accentu ...
,
Blackrock BlackRock, Inc. is an American multi-national investment company based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with trill ...
etc.) to work on case studies. Finally, students participate in a Field Trip (study trip) that lasts a week. This travel experience consists of many networking dinners, company visits, and company presentations. The following destinations are available:
Silicon Valley Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo Cou ...
,
Paris Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. Si ...
,
Milan Milan ( , , Lombard: ; it, Milano ) is a city in northern Italy, capital of Lombardy, and the second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4 million, while its metropolitan city ...
and
Munich Munich ( ; german: München ; bar, Minga ) is the capital and most populous city of the German state of Bavaria. With a population of 1,558,395 inhabitants as of 31 July 2020, it is the third-largest city in Germany, after Berlin and ...
,
Mumbai Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the secon ...
and
Bangalore Bangalore (), officially Bengaluru (), is the capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan population of around , making it the third most populous city and fifth most ...
, or
Shanghai Shanghai (; , , Standard Chinese, Standard Mandarin pronunciation: ) is one of the four Direct-administered municipalities of China, direct-administered municipalities of the China, People's Republic of China (PRC). The city is located on the ...
.


Masters in Management (MiM)

The Masters in Management (MiM) is a one-year
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.
in management aimed at recent graduates who have less than one year of full-time postgraduate corporate work experience or less than two years of experience in a non-traditional business role. The programme is structured in 3 terms, composed of the following core courses: First term: * Financial Accounting * Data Analytics for Management * Finance * Performance in Organisations Second term: * The Global Macroeconomy * Marketing * Strategic Analysis * Decision and Risk Analysis Third term: * Applied Microeconomics * Introduction to Management Accounting Students must also follow 2 electives and can choose among 30 different courses. The programme includes a business immersion week within a company (
Google Google LLC () is an American Multinational corporation, multinational technology company focusing on Search Engine, search engine technology, online advertising, cloud computing, software, computer software, quantum computing, e-commerce, ar ...
,
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 professio ...
, CNN,
Accenture Accenture plc is an Irish-American professional services company based in Dublin, specializing in information technology (IT) services and consulting. A ''Fortune'' Global 500 company, it reported revenues of $61.6 billion in 2022. Accentu ...
,
Blackrock BlackRock, Inc. is an American multi-national investment company based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with trill ...
etc.) to work on case studies. Finally, students have to participate in a Field Trip (study trip) that lasts a week. This travel experience consists of many networking dinners, company visits, and company presentations. The following destinations are available:
Silicon Valley Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo Cou ...
,
Paris Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. Si ...
,
Milan Milan ( , , Lombard: ; it, Milano ) is a city in northern Italy, capital of Lombardy, and the second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4 million, while its metropolitan city ...
and
Munich Munich ( ; german: München ; bar, Minga ) is the capital and most populous city of the German state of Bavaria. With a population of 1,558,395 inhabitants as of 31 July 2020, it is the third-largest city in Germany, after Berlin and ...
,
Mumbai Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the secon ...
and
Bangalore Bangalore (), officially Bengaluru (), is the capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan population of around , making it the third most populous city and fifth most ...
, or
Shanghai Shanghai (; , , Standard Chinese, Standard Mandarin pronunciation: ) is one of the four Direct-administered municipalities of China, direct-administered municipalities of the China, People's Republic of China (PRC). The city is located on the ...
. In 2018 & 2019 the programme was ranked 3rd in the world 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, Nik ...
, having been in the global top 10 since it became eligible for the ranking. The programme has a very good market placement. 96% of the 2015 graduates accepted an offer within three months of graduation. 40% work in consulting, 35% in finance and the rest in different industries. The most prestigious companies recruit on campus. The top 3 recruiters are the
Boston Consulting Group Boston Consulting Group, Inc. (BCG) is an American global management consulting firm founded in 1963 and headquartered in Boston, Massachusetts. It is one of the Big Three (or MBB, the world’s three largest management consulting firms by re ...
(11 students hired in 2015),
Goldman Sachs Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, Ho ...
(8 students hired in 2015), and
McKinsey & Company McKinsey & Company is a global management consulting firm founded in 1926 by University of Chicago professor James O. McKinsey, that offers professional services to corporations, governments, and other organizations. McKinsey is the oldest and ...
(7 students hired in 2015). Among the other companies that recruited 2 MiM students or more in 2015 are, for example, Oliver Wyman, Arthur D. Little,
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 professio ...
,
A.T. Kearney Kearney is a global management consulting firm with offices in more than 40 countries worldwide. Kearney has consistently earned top places among global management consulting firm rankings, such as Vault's Consulting 50 and ''Consulting'' magazine' ...
, and
Bain & Company Bain & Company is an American management consulting company headquartered in Boston, Massachusetts. The firm provides advice to public, private, and non-profit organizations. One of the Big Three management consultancies, Bain & Company was fo ...
.


Global Masters in Management

The Global Masters in Management (Global MiM) is a two-year, full-time course starting in September 2015, where students attain two internationally recognized degrees: a Masters in Management (MiM) and a Masters in Science (MSc) in International Business. Year one takes place in London. Year two takes place in Shanghai. Delivered jointly by London Business School and the renowned Fudan School of Management in Shanghai, the Global MiM gives an unparalleled grounding in international business challenges preparing for the opportunities of tomorrow.


Executive education

About 10,000 executives attend the school's non-degree programmes each year. The school offers a portfolio of 31 Executive Education programmes in general management, strategy, leadership, marketing, human resources and finance. These programmes are split into two main areas, open and custom. About 45 companies per year commission London Business School to design and deliver customised corporate programmes for them, 60% of which are delivered outside the UK.


International university rankings

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 - 8th in world, 2nd in Europe Executive Education - 5th in the world


Research

The school's 150 faculty work through 16 research centres or institutes. According to the 2014
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 ...
, the school had the joint highest percentage of world-leading research of any British higher education institution (along with the
Courtauld Institute of Art The Courtauld Institute of Art (), commonly referred to as The Courtauld, is a self-governing college of the University of London specialising in the study of the history of art and conservation. It is among the most prestigious specialist coll ...
) with 56% of research rated in the 4* category.


PhD programme

The school offers a 5-year full-time
PhD PHD or PhD may refer to: * Doctor of Philosophy (PhD), an academic qualification Entertainment * '' PhD: Phantasy Degree'', a Korean comic series * '' Piled Higher and Deeper'', a web comic * Ph.D. (band), a 1980s British group ** Ph.D. (Ph.D. al ...
programme. It supports 60 fully funded PhD candidates in seven doctoral programmes: Accounting, Economics, Finance, Management Science & Operations, Marketing, Organisational Behaviour, and Strategic & International Management.


Student life


Clubs

There are over 70 student clubs at the school. These range from professional clubs such as consulting, entrepreneurship and energy clubs, to regional clubs including the Latin American and China club. There are also general interest and sporting clubs such as football, wine and cheese and the salsa club.


Notable people


Alumni

* Kaveh Alamouti, MBA & PhD – CEO of Citadel LLC Asset Management Europe * Simon Borrows – CEO of 3i * Ashley Almanza – CEO of G4S * Prince Chad Al-Sherif Pasha of the
Hijaz The Hejaz (, also ; ar, ٱلْحِجَاز, al-Ḥijāz, lit=the Barrier, ) is a region in the west of Saudi Arabia. It includes the cities of Mecca, Medina, Jeddah, Tabuk, Yanbu, Taif, and Baljurashi. It is also known as the "Western Provinc ...
and Turkey *
Nigel Andrews Nigel Andrews FRSA (born 3 April 1947)ANDREWS, Nigel John
''Who's Who 2015'', A & C ...
, MSc, 1978 – former chairman of
Old Mutual Old Mutual Limited is a pan-African investment, savings, insurance, and banking group. It is listed on the Johannesburg Stock Exchange, the Zimbabwe Stock Exchange, the Namibian Stock Exchange and the Botswana Stock Exchange. It was founded ...
Asset Management * Sir David Arculus – chairman, O2 *
Nicholas Ashley-Cooper, 12th Earl of Shaftesbury Nicholas Edmund Anthony Ashley-Cooper, 12th Earl of Shaftesbury, DL (born 3 June 1979), also known as Nick Ashley-Cooper or Nick Shaftesbury, is an English peer, landowner and philanthropist. He succeeded his brother as Earl of Shaftesbury in 2 ...
, MBA *
Sükhbaataryn Batbold Sükhbaataryn Batbold ( mn, Сүхбаатарын Батболд, born June 24, 1963) is a prominent Mongolian political figure and leader, who was Prime Minister of Mongolia from 2009 to 2012, as well as Chairman of the Mongolian People's Par ...
, "a degree", 1991 – former Prime Minister of Mongolia * Pablo Zalba Bidegain, Executive MBA – Member of European Parliament (Spain) * Kumar Birla, MBA, 1992 – Chairman,
Aditya Birla Group Aditya Birla Group is an Indian multinational conglomerate, headquartered in Mumbai. It operates in 100 countries with more than 1,40,000 employees directly and indirectly. The group was founded by Seth Shiv Narayan Birla in 1857. The group h ...
* Ronald Boire – Former President and CEO of
Brookstone Brookstone is a chain of retail stores in the United States and China. It was founded as a mail-order business in 1965, when it started selling items, such as dental clamps and other specialty tools. Its first physical location opened in 197 ...
*Vice Admiral Paul Boissier, MSc – Former CB Deputy Commander-in-Chief, British Navy Maritime Forces; CEO of
Royal National Lifeboat Institution The Royal National Lifeboat Institution (RNLI) is the largest charity that saves lives at sea around the coasts of the United Kingdom, the Republic of Ireland, the Channel Islands, and the Isle of Man, as well as on some inland waterways. It i ...
(RNLI) * Jonathan Coleman – Member of Parliament (
New Zealand New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island coun ...
) * Don Cowan – Former CEO and President of
ABN AMRO ABN or abn may refer to: Companies * ABN AMRO Group, a Dutch bank group * ABN AMRO, sometimes referred to as "ABN" in shorthand, is a Dutch state-owned bank * Algemene Bank Nederland, a now-defunct Dutch bank Radio, news and television organizati ...
Bank Canada *
Stephen Crabb Stephen Crabb (born 20 January 1973) is a British politician who has served as the Member of Parliament (MP) for Preseli Pembrokeshire since 2005 and Chairman of the Welsh Affairs Select Committee since 2020. A member of the Welsh Conservati ...
– member of the British House of Commons and former Secretary of State for Wales and for the Department of Work and Pensions * David Davis – UK Cabinet Member responsible for Brexit negotiations *Sir John Egan – Former CEO of
Jaguar Cars Jaguar (, ) is the luxury vehicle brand of Jaguar Land Rover, a British multinational car manufacturer with its headquarters in Whitley, Coventry, England. Jaguar Cars was the company that was responsible for the production of Jaguar car ...
, Former CEO of BAA, Chairman of Severn Trent plc *
Philip Nevill Green Philip Nevill Green CBE (born 12 May 1953) is a British business executive. He was chairman of Carillion from May 2014 until Carillion entered compulsory liquidation in January 2018. Green was chairman of BakerCorp from June 2011 until Decemb ...
– Chairman of
Carillion Carillion plc was a British multinational construction and facilities management services company headquartered in Wolverhampton in the United Kingdom, prior to its liquidation in January 2018. Carillion was created in July 1999, following ...
*
Justine Greening Justine Greening (born 30 April 1969) is a British politician who served as Secretary of State for Education from 2016 to 2018. Prior to that, she served as Economic Secretary to the Treasury from 2010 to 2011, Secretary of State for Transpor ...
– Secretary of State for Education and member of the British House of Commons * Gillian Keegan – British Conservative Party politician and Member of Parliament for Chichester * Sir Richard Greenbury – former Chairman and CEO,
Marks & Spencer Marks and Spencer Group plc (commonly abbreviated to M&S and colloquially known as Marks's or Marks & Sparks) is a major British multinational retailer with headquarters in Paddington, London that specialises in selling clothing, beauty, home ...
* Illugi Gunnarsson – Minister of Education, Science, and Culture,
Iceland Iceland ( is, Ísland; ) is a Nordic island country in the North Atlantic Ocean and in the Arctic Ocean. Iceland is the most sparsely populated country in Europe. Iceland's capital and largest city is Reykjavík, which (along with its ...
* Prince Faisal bin Al Hussein – Special Assistant to Chairman & Joint Chiefs of Staff, Jordanian Armed Forces *
Hassan Jameel Hassan Mohammed Abdul Latif Jameel"BRJ creates thousa ...
, Saudi businessman *Sir John Jennings (businessman) – former CEO, Shell *
Moez Kassam Moez Kassam (born August 27, 1980 Toronto, Toronto, Ontario) is a Canadian alternative Asset management, asset manager. He is a founder and principal of Anson Funds, which manages a collection of long-short equity funds - most notably, Anson In ...
– Founder of Anson Group *
Maria Kiwanuka Maria Kiwanuka (born 12 May, 1955) is a Ugandan economist, businesswoman and politician who served as Minister of Finance in the Cabinet of Uganda from 27 May 2011 to 1 March 2015. Since 2015 she has been Senior Advisor to the President of Ugand ...
– Minister of Finance in
Cabinet of Uganda There are 32 Cabinet ministers and 50 Ministers of State in the Cabinet of Uganda (2021 to 2026). According to Section 111 of the 1995 Constitution of Uganda, as amended in 2005, "There shall be a Cabinet which shall consist of the President, ...
*
Timothy Kopra Timothy Lennart "Tim" Kopra (born April 9, 1963) is an engineer, a Colonel in the United States Army and a retired NASA astronaut. He served aboard the International Space Station as a flight engineer for Expedition 20, returning to Earth aboar ...
– NASA Astronaut *
Thomas Kwok Thomas may refer to: People * List of people with given name Thomas * Thomas (name) * Thomas (surname) * Saint Thomas (disambiguation) * Thomas Aquinas (1225–1274) Italian Dominican friar, philosopher, and Doctor of the Church * Thomas the Ap ...
– Vice Chairman and Managing Director,
Sun Hung Kai Properties Sun Hung Kai Properties Limited (SHKP; ) is a listed corporation and the largest property developer in Hong Kong as of 2019. The company is controlled by the Kwok family trust, largely the Kwok brothers. The Kwok family trust was set up by Kw ...
*
Alex Loudon Alexander Guy Rushworth Loudon (born 6 September 1980) is an English former professional cricketer. A right-handed batsman and off spin bowler, he was considered a promising future international player. Early life Raised in the family home at ...
– former professional cricketer * Dame Mary Marsh – former CEO of NSPCC * Stephen Martin (MBA 2003) – former CEO of Clugston Group, director general of the
Institute of Directors The Institute of Directors (IoD) is a British professional organisation for company directors, senior business leaders and entrepreneurs. It is the UK's longest running organisation for professional leaders, having been founded in 1903 and incor ...
*
Cyrus Pallonji Mistry Cyrus Pallonji Mistry (4 July 1968 – 4 September 2022) was an Indian businessman. He was the chairman of the Tata Group, an Indian business conglomerate, from 2012 to 2016. He was the sixth chairman of the group, and only the second (af ...
, former Chairman and CEO of the
Tata Group The Tata Group () is an Indian multinational conglomerate headquartered in Mumbai. Established in 1868, it is India's largest conglomerate, with products and services in over 150 countries, and operations in 100 countries across six continent ...
*
Nigel Morris Nigel William Morris (born June 1958) is a British businessman. He is the managing partner of QED Investors and co-founded Capital One Financial Services with Richard Fairbank. Early life Nigel William Morris was born in Billericay, Essex, t ...
– co-founder,
Capital One Capital One Financial Corporation is an American bank holding company specializing in credit cards, auto loans, banking, and savings accounts, headquartered in McLean, Virginia with operations primarily in the United States. It is on the li ...
Financial Services *
David Muir David Jason Muir (born November 8, 1973) is an American journalist and the anchor of ''ABC World News Tonight'' and co-anchor of the ABC News magazine ''20/20'', part of the news department of the ABC broadcast-television network, based in ...
– Director of Political Strategy, to then British Prime Minister
Gordon Brown James Gordon Brown (born 20 February 1951) is a British former politician who served as Prime Minister of the United Kingdom and Leader of the Labour Party from 2007 to 2010. He previously served as Chancellor of the Exchequer in Tony ...
MP * Ray O'Rourke – CEO of
Laing O'Rourke Laing O'Rourke is a multinational construction company headquartered in Dartford, England. It was founded in 1978 by Ray O'Rourke. It is the largest privately owned construction company in the United Kingdom. History The company was founded by ...
* Idan Ofer – Chairman of
Israel Corporation Israel Corporation ( he, החברה לישראל) (also Israel Corp) is Israel's largest holding company. It was founded in 1968 by the Government of the State of Israel. 50% of its manufacturing activities and 70% of its consolidated revenues ...
/ Principal of Quantum Pacific International Limited * Paul Onwuanibe – CEO of Landmark Group *
Kenneth Ouriel Kenneth Ouriel (born October 21, 1956) is a vascular surgeon and medical researcher. He has published in scientific and medical journals. He treated former presidential candidate Bob Dole for an abdominal aortic aneurysm in 2001. In the middle ...
– vascular surgeon and medical researcher * Mike Parsons – CEO of
Barchester Healthcare Barchester Healthcare Ltd is an independent care provider in the United Kingdom, running over 250 care homes and seven registered hospitals across the country. The organisation employs over 17,000 staff in care homes which offer residential and ...
* Ted Pietka – Supervisory Board Member of Boryszew * Roys Poyiadjis – entrepreneur and financier * David E.I. Pyott – former Chairman, President, and CEO of Allergan * Ramji Raghavan – founder and Chairman of Agastya International Foundation * Jim Ratcliffe – Chairman and CEO of Ineos Chemicals Group * Omar Samra – first Egyptian and youngest Arab to climb
Mount Everest Mount Everest (; Tibetan: ''Chomolungma'' ; ) is Earth's highest mountain above sea level, located in the Mahalangur Himal sub-range of the Himalayas. The China–Nepal border runs across its summit point. Its elevation (snow hei ...
*Sir John Sunderland – former Chairman, Cadbury Schweppes plc * Amina Taher – VP, Etihad Aviation * Stewart Wallis – Executive Director of New Economics Foundation * Tony Wheeler – founder,
Lonely Planet Lonely Planet is a travel guide book publisher. Founded in Australia in 1973, the company has printed over 150 million books. History Early years Lonely Planet was founded by married couple Maureen and Tony Wheeler. In 1972, they embark ...
* Wong Kan Seng – former Deputy Prime Minister, Singapore *
Roberto Vedovotto Roberto Vedovotto (born 30 September 1965) is an Italian businessman, twice the CEO of the Safilo Group from 2002 to 2006, and from 2009 to 2013. He has been the President and CEO of Kering Eyewear since 2014, and a member of Kering's executiv ...
, CEO of
Kering Kering () is a French-based multinational corporation specializing in luxury goods. It owns the brands Balenciaga, Bottega Veneta, Gucci, Alexander McQueen and Yves Saint Laurent. The timber-trading company Pinault S.A. was founded in 1963, by ...
Eyewear since 2014


Alumni association

The London Business School has 39,000 alumni in more than 150 countries. Many local clubs (Paris, New-York, Zurich etc.) organise recurrent events in their city.


Faculty and staff

* Sir James Ball, economist *
Süleyman Başak Süleyman Başak (born c. 1964) is a financial economist of Turkish Cypriot origin. He is Professor at the Institute of Finance and Accounting of the London Business School, an MBA-granting part of the University of London and has previously ta ...
– financial economist * Sir Alan Budd – professor of economics, director of the Centre for Economic Forecasting, economic advisor for
Barclays Bank Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces ...
, and member of the Advisory Board for Research Councils * Terence Burns, Baron Burns – Chairman of
Abbey National plc An abbey is a type of monastery used by members of a religious order under the governance of an abbot or abbess. Abbeys provide a complex of buildings and land for religious activities, work, and housing of Christian monks and nuns. The conc ...
, Non-Executive Chairman of
Glas Cymru Glas may refer to: * Hans Glas GmbH, a former German automotive company * ''Glas'' (film), a 1958 Dutch documentary film * ''Glas'' (book), a 1974 book by Jacques Derrida * ''Glas'' (publisher), a Russian publishing house * Glas (surname) * E ...
, and a Non-Executive Director of Pearson Group plc. * Rajesh Chandy – Professor of Entrepreneurship and Marketing. *
Gary Hamel Gary P. Hamel (born 1954) is an American management consultant. He is a founder of Strategos, an international management consulting firm based in Chicago. Biography Hamel graduated from Andrews University in 1975, and from Ross School of Bus ...
– originator (with C.K. Prahalad) of the concept of
core competencies A core competency is a concept in management theory introduced by C. K. Prahalad and Gary Hamel.Prahalad, C.K. and Hamel, G. (1990)The core competence of the corporation", Harvard Business Review (v. 68, no. 3) pp. 79–91. It can be define ...
of an organization, and contributed to the theoretical development and evolution of the resource-based view *
Charles Handy Charles Brian Handy CBE (born 25 July 1932) is an Irish author/philosopher specialising in organisational behaviour and management. Among the ideas he has advanced are the " portfolio career" and the " Shamrock Organization" (in which professi ...
– former professor – London Business School, rated among Thinkers 50 – a list of the most influential living management thinkers * Jack Mahoney – Dixons Professor of Business Ethics and Social Responsibility * Constantinos C. Markides – Robert P. Bauman Professor of Strategic Leadership * Kamalini Ramdas – Professor of Management Science and Operations and Deloitte Chair in Innovation & Entrepreneurship * Hélène Rey – Professor of Economics *
Richard Portes Richard David Portes CBE is a professor of Economics and an Academic Directior of the AQR Asset Management Institute at London Business School. He was President of the Centre for Economic Policy Research, which he founded. He also serves as Dir ...
– economist *
Herminia Ibarra Herminia Ibarra is the Charles Handy Chair in Organisational Behaviour, Professor of Organisational Behaviour and Chair, Organisational Behaviour Faculty at London Business School. Early life Ibarra was born in Cuba and obtained her M.A. and ...
– Charles Handy Professor of Organizational Behavior * Julian Birkinshaw - Professor of Strategy and Entrepreneurship


See also

*
List of business schools in Europe This is a list of business schools in Europe. This list should ''not'' include schools that teach business alongside other subjects; i.e. a university that has a business curriculum should not be listed here as a business school. Those schools t ...


References


External links


London Business School
{{authority control University of London Educational institutions established in 1964 1964 establishments in England Business schools in England Grade I listed buildings in the City of Westminster Business schools in the United Arab Emirates Universities UK