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

business school A business school is a higher education institution or professional school that teaches courses leading to degrees in business administration or management. A business school may also be referred to as school of management, management school, s ...

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

Louvain-la-Neuve Louvain-la-Neuve (; French for "New Leuven"; ) 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 was built to house th ...

UCLouvain FUCaM Mons UCLouvain FUCaM Mons is a satellite campus of the Université catholique de Louvain, University of Louvain (UCLouvain) in Mons, Belgium, Mons, Wallonia, Belgium founded in 1896. Until 2011, it was an independent institution known as the Catholi ...

and

UCLouvain Charleroi UCLouvain Charleroi is a campus of the Université catholique de Louvain, University of Louvain in Charleroi, Belgium. Consisting of 3 faculties and a series of research centers and institutes, UCLouvain Charleroi consists of the Maison Georges Le ...

. The school is accredited by the

European Quality Improvement System The EFMD Quality Improvement System (EQUIS) is a business school accreditation managed by Brussels based EFMD. It provides accreditation for higher education institutions of management and business administration and is run by the European Fo ...

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

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

and

Master's degree A master's degree (from Latin ) is a postgraduate 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 prac ...

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 (now

). So far, LSM is operating on three campuses:

Mons Mons commonly refers to: * Mons, Belgium, a city in Belgium * Mons pubis (mons Venus or mons veneris), in mammalian anatomy, the adipose tissue lying above the pubic bone * Mons (planetary nomenclature), a sizable extraterrestrial mountain * Batt ...

and

Charleroi Charleroi (, , ; ) is a city and a municipality of Wallonia, located in the province of Hainaut, Belgium. It is the largest city in both Hainaut and Wallonia. The city is situated in the valley of the Sambre, in the south-west of Belgium, not ...

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

Namur Namur (; ; ) is a city and municipality in Wallonia, Belgium. It is the capital both of the province of Namur and of Wallonia, hosting the Parliament of Wallonia, the Government of Wallonia and its administration. Namur stands at the confl ...

and the Facultés universitaires Saint-Louis (FUSL) located in

Brussels Brussels, officially the Brussels-Capital Region, (All text and all but one graphic show the English name as Brussels-Capital Region.) is a Communities, regions and language areas of Belgium#Regions, region of Belgium comprising #Municipalit ...

, were halted in 2012, however the latter (

UCLouvain Saint-Louis - Bruxelles UCLouvain Saint-Louis Brussels is an autonomous university campus specialized in social and human sciences part of UCLouvain and based in Brussels, Belgium. Established in 1857, Saint-Louis University, Brussels (officially, in French Universit ...

) has de facto integrated UCLouvain in 2018, fully merged by September 2023.

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 performed by people or equipment in which a specific sequence produces a service or product (that serves a particular business g ...

(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 Information technology, digital technologies such as desktop computers, mobile phones, and other digital media and platforms to promote products and service ...

, 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 a business school accreditation managed by Brussels based EFMD. It provides accreditation for higher education institutions of management and business administration and is run by the European Fou ...

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 also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...

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 UCLouvain (or Université catholique de Louvain , French for Catholic University of Louvain, officially in English the University of Louvain) is Belgium's largest French-speaking university and one of the oldest in Europe (originally establishe ...

. 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 (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 () is a university in Cologne, Germany. It was established in 1388. It closed in 1798 before being re-established in 1919. It is now one of the largest universities in Germany with around 45,187 students. The Universit ...

, Aalto University School of Economics, EGADE,

Norwegian School of Economics The Norwegian School of Economics () or NHH is a business school situated in Bergen, Norway. It was founded in 1936 as Norway's first business school and is the leading teaching and research institution in Norway for the fields of management and ...

, Nova School of Business and Economics, Instituto Superior Técnico,

University of Economics, Prague The Prague University of Economics and Business (PUEB) (originally: ''the University of Economics, Prague''; '', VŠE'') is an economics and business-oriented public university located in Prague, Czech Republic. It is the largest university in ...

Aix-Marseille University Aix-Marseille University (AMU; ; formally incorporated as ) is a Public university, public research university located in the Provence region of southern France. It was founded in 1409 when Louis II of Anjou, List of rulers of Provence, Count of ...

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 (branded as Chicago Booth) is the graduate business school of the University of Chicago, a private research university in Chicago, Illinois. Founded in 1898, Chicago Booth is the second-oldest ...

and the

Samuel Curtis Johnson Graduate School of Management The Cornell Johnson Graduate School of Management is the graduate business school of Cornell University, a private Ivy League research university in Ithaca, New York. Established in 1946, Johnson is one of six List of Ivy League business schools ...

Cornell University Cornell University is a Private university, private Ivy League research university based in Ithaca, New York, United States. The university was co-founded by American philanthropist Ezra Cornell and historian and educator Andrew Dickson W ...

. 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 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 (now

Proximus Group The Proximus Group is a provider of digital services and communication solutions operating in Belgium and international markets. In Belgium, the company offers its main products and services under the brands Proximus, Scarlet, and Mobile Viki ...

) * Pierre-Olivier Beckers, former CEO of Delhaize/

Food Lion Food Lion is an American regional supermarket Chain store, chain headquartered in Salisbury, North Carolina, that operates over 1,000 supermarkets in 10 states: Delaware, Georgia (U.S. state), Georgia, Kentucky, Maryland, North Carolina, Pennsyl ...

* Frank Beuselinck, former CEO of

DHL DHL (originally named after founders Dalsey, Hillblom and Lynn) is a multinational Import-Export Expert Company, founded in the United States and headquartered in Bonn, Germany. It provides courier, package delivery, and express mail service, ...

Belgium * Michel Georgis, former CEO of

Proximus Proximus (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. History Proximus was f ...

, former Executive Vice-President Consumer Business Unit of Belgacom * Jean Hilgers, chairman of the board of the

National Bank of Belgium The National Bank of Belgium (NBB; , NBB; , BNB; , BNB) is the National central bank (Eurosystem), national central bank for Belgium within the Eurosystem. It was the Belgian central bank from 1850 until 1998, established by law of and issuin ...

* Georges Jacobs, former chairman of the board of UCB (company) and of Delhaize 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. It was founded in 1837 by William Procter and James Gamble. It specializes in a wide range of personal health/con ...

Europe * Aloïs Michielsen, former chairman of the board Solvay * Charles Picqué, politician, former Minister-President of the Brussels Region * Jean Stéphenne, former CEO of GlaxoSmithKline Biologicals * 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, 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 crew ...

External links

*
CEMS website

International Executive MBA

References

{{DEFAULTSORT:Louvain School of Management Business schools in Belgium Universities in Belgium Universities and colleges 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