London Business School
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The London Business School ( LBS ) is an international business school and a faculty of the British University of London. It is located in central London near Regent's Park. The LBS specializes in postgraduate programs in finance and management and therefore offers only generalist and specialized master's degree programs. The focus of the courses offered at London Business School is located on the two-year Master of Business Administration (MBA and EMBA program) and the one-year Masters in Finance ( franking ) program. In addition, the university offers more Courses as the Sloan Fellowship Program for experienced managers and the Masters in Management for students with little or no work experience as well as a PhD program. The London Business School was founded in 1964 and is one among other institutions such as the Harvard Business School, the Wharton School and the Stanford Graduate School of Business among the most respected and prestigious business schools in the world.
The foundation of the university dates back to 1964, after the Franks Report of the recommendation establishing two new business schools, the London Business School and Manchester Business School, University of Manchester emerged. The university maintains a close collaboration with the nearby University College London and the Modern Language Centre at King's College London. In December 2006, the LBS has extended its activities in Dubai with the opening of the local study center and the associated Executive MBA offering.
The LBS is one of the leading business schools in Europe and among the top 10 business schools in the world. 2011 demonstrated the London Business School with its MBA program for the third consecutive first place in the Financial Times ranking, while in 2009 this space shared with The Wharton School, University of Pennsylvania, and they fell back from 2012 to fourth place in the current ranking. Similarly, the Masters is in Finance ( franking ) in the 2011 and the 2012 in the current ranking the first place. Other leading rankings underline the international top positions in the university, as is the MBA program at the LBS world currently third place in the rankings CNN Expansion, two pocket of América Economía rankings and thirteen place in the ranking of The Economist. Beyond The LBS is one of the 57 of the total of about 13,670 business schools that has the so-called Triple Crown, ie The university is accredited by the European Foundation for Management Development ( EQUIS ) and the AACSB while, moreover, the MBA and the Sloan Fellowship programs are accredited by the AMBA.
The admission procedure of the London Business School is highly selective and makes them one of the most competitive business schools in the world. Outstanding performance in the previous academic career, an outstanding score on the GMAT, as well as informative references which include previous professional experience and recommendations of current or former executives include, usually provide the necessary criteria for the successful application for a place dar. Successful applicants of the Full-Time MBA program at LBS reached last on average GMAT score of 701 points, a top 7 % quantile in the test corresponds.
In total, more than 1,000 students each year leave from over 130 countries around the world, the university with a master's degree. In addition, visiting more than 3,000 professionals and managers, the Executive Education programs of the university every year. The alumni network of the London Business School currently includes more than 34,000 people worldwide who are organized into clubs and are about activities and events at the London Business School in constant contact.
- 2.4.1 Approval Process for franking program
- 3.1 PhD program
- 4.1 High School professors and staff
- 4.2 Known Alumni
The campus of the London Business School is located in Marylebone, directly adjacent to Regent 's Park and walking distance to Baker Street Underground Station. The main building of the university, which was designed by the architect John Nash himself together with the Regent 's Park, was originally built from 1822 to 1823. A characteristic feature of the building are its ten domes along the roof line and the building facade, which is characterized by its Corinthian columns.
The LBS has on its campus in addition to the classrooms and lecture halls, a variety of other devices belonging to round out the student's everyday life. These include a sports center, a restaurant, two cafes and the university library. Access and use of the facilities are exclusively reserved for the students of the London Business School and privately. In addition, there is a pub on campus, but which is privately owned. The majority of the classrooms of the MBA courses are located in the Sainsbury Wing and has an amphitheater - room layout with five rows of seats in a semicircle as a characteristic feature.
However, the campus itself offers no accommodation for students at the time of study and only offers individual accommodation for visitors. Students at the London Business School are thus on external accommodation, University of London such as instructed the International Hall or other student residences or need to get yourself looking for a property in the London housing market.
The most important master program of the university is the optional 15 or 21 -month Master of Business Administration program. MBA students at LBS first pass through a fixed curriculum of core modules and choose following their electives from a comprehensive catalog of about 70 modules to adapt the program to their needs. The vintage size is about 800 students per year, mostly divided evenly into two cohorts for each 400 students. The cohorts are broken into five groups of about 80 students who each occupy all core modules together. The London Business School is in its student body and in particular a high degree of internationality and diversity in the respective groups, as was for example the launched in 2008 year, who graduated in 2010, from students to 60 different countries, of which only 9% from the UK and 20 % came from North America.
To the requirements of the academic curriculum, the London Business School sets a particularly high weight to the elements " Personal Development " and " Networking". The stated goal of the university is to develop leaders with a strong awareness of the global economy. For this reason, the university through its optional modules, several modules for personality development and maintains a wide network of 32 partner universities all over the world. Each academic year use about 100 students from the London Business School, the opportunity to spend a semester at another leading business school in the world. About the broad and high-quality academic training, the additional opportunities for personal development and network design and support by the Higher Education Marketing London Business School is committed to ensuring that the majority of their students take top positions at the biggest recruiters for the study, mainly in the fields of industry, Banking & Finance and consultancies come.
- Consulting - McKinsey & Company, Boston Consulting Group, Booz & Company, Bain & Company.
- Industry - Google, American Express, BT, Shell, Johnson & Johnson, Pepsico, BP.
International Exchange Programs
The MBA program of the LBS has one of the largest international exchange programs for its students. Around 35% of students make each year by the possibilities of the international network usage and spend a semester at one of more than thirty partner universities in the world, which include the Booth School of Business at the University of Chicago, the Wharton School, University of Pennsylvania, the University of California, Los Angeles, the MIT Sloan School of Management, the Tuck School of Business at Dartmouth College, the Columbia Business School, the Kellogg School of Management, Northwestern University and the Indian School of Business include.
Admission process for MBA program
Statistical characteristics - LBS MBA:
Average GMAT of admitted students: 701
Average age: 29
Average work experience: 5.7 years
Percentage of international students: 89 %
Candidates applying to the MBA program at the London Business School, stopped by the University to think intensively with the concept and the content of the course familiar in order to understand what features characterize the university, as the LBS very high value it specifies that only students applying for programs that serve their own goals of students and enrich the student body to participate in the curriculum addition.
As part of the concrete application process students are required to have international experience as well as relevant work experience. In addition, six essays to write a curriculum vitae and a subscription to two reports of previous or current supervisor or university professors should be sought. Furthermore, the results of the GMAT test and a proof of knowledge of the English language must be submitted. Applying for the program is usually possible within the framework of four Deadline that elapse after the other and thus allow an application to your individual convenient time.
Executive MBA programs
The university offers a total of four part-time Executive MBA courses at, all of which are completed within 16 or 20 months. In terms of the academic curriculum, the contents of the MBA and Executive MBA programs are essentially identical and the students attain the same degree. The programs include very similar compulsory modules and a comprehensive catalog of elective modules. In addition, the EMBA programs are completed by international depressions and a business-related project or a management report at the end of the course.
- Executive MBA ( London). The London-based Executive MBA programs follows the goal of high-caliber managers, executives and business owners to global and diverse business leaders at the highest management level form. The program includes a series of mandatory basic modules of all management areas and a range of optional modules to customize the program to your own needs. The courses are Fridays and Saturdays taught at each alternating weekends. The EMBA starts in January and in September of each year.
- Executive MBA (Dubai ). The Based in Dubai on campus Executive MBA pursuing essentially the same purpose as the London EMBA program, but differs in that it caters to the needs of managers who are active in the Gulf region, specializing. In addition, the program begins with an orientation week in London, the following ten core modules that are completed each in a four -or five- day block per month in Dubai, before the students with the elective modules, which in part are taught in London, continuing. As the London counterpart also starts the EMBA in Dubai in January and in September of each year.
- EMBA-Global Americas and Europe. Around 140 executives study per year in this dual degree EMBA program. The course is taught in collaboration with the Columbia Business School and is aimed at international executives with substantial management experience. During the first year the students complete each of the monthly exchange between London and New York, one each course unit, which extends over a week. In the second year, finally, the students are given the opportunity to tailor based on the choices of both universities the EMBA degree program according to their personal needs and professional goals. Graduates of the Studi Enver transition is given in recognition of the MBA degree from the London Business School and Columbia Business School.
- EMBA - Global Asia. The EMBA - Global Asia program was launched by the London Business School in 2008 in collaboration with the Hong Kong University and the Columbia. The lessons take place at all three universities and is in contrast to the other EMBA programs again significantly international and global oriented.
Sloan Masters in Leadership and Strategy
The Sloan Fellowship Masters Programme at the London Business School was established in 1968 and is a twelve-month master's program, which is designed specifically for executives of the upper levels, ie predominantly division managers and board members, as well as entrepreneurs and professionals was developed with a high influence on decision making at a strategic level within the company. The admission process is like that of the other master programs highly competitive and selective. On average, Sloan Fellow students have already gained fifteen years of management experience, when they are accepted into the program. A typical vintage also includes not only a high level of professional experience among the students, but also a strong international element in the recent years to 13 expressed from the membership of the students up to 23 different nationalities.
The one-year full-time program is specifically designed with high seniority to accompany managers on leadership responsibilities on strategic level in their career to top management and support. The Sloan Programme at the London Business School encompasses topics from the areas of strategic management, leadership, change management, and globalization and already rounded up existing skills of the students further. Beyond the London Business School, the program is also conducted at the Stanford Graduate School of Business at the MIT Sloan School of Management.
Masters in Finance
The Masters in Finance ( franking ) program of the London Business School is essentially a modified version of the MBA program. In contrast to the 15 - or 21-month MBA Masters in Finance is shortened in 10 months passed since the curriculum is less generalist but is highly tailored to finance issues. The program can optionally also be completed in 16 months full-time by a one term exchange with a university is perceived in the Asian countries after or within 22 months in the weekend format, which allows alongside the continuation of the occupation full time.
Students in mixed franking program to study in three trimesters, the first trimester, all students take the compulsory modules of the curriculum and make the program after the second and third semester by selecting from a range of optional modules according to their own objectives. The wells from the three departments Investments, Quantitative Finance and Corporate Finance as well as a number of other optional modules are chosen, the latter also niche specializations such as "Carbon Finance" includes. Since the Masters in Finance and his MBA from the London Business School share a number of modules which students of both programs to study some together in mixed classes, which further strengthens the international experience and networking among students.
According to the university seeking study participants primarily a continuation of their employment in the areas of trading, private equity, asset management, investment banking or finance within the range of industrial companies. In the mixed franking Full-Time Class of 2012 recently studied 116 people who came from 38 different nations and divided up by gender in 76 % male and 24% female students. Only 7% of students were from the UK and only a further 16 % from Europe ex UK, so 77 % of the students were from the rest of the world.
With the Masters in Finance program, the London Business School is also a partner school of the CFA Institute, the course covers about 70 % of the entire CFA curriculum from. For students who have not yet started with the CFA program, there is the possibility of reduced participation in the Level 1 test of the CFA curriculum, also mixed franking students are regularly invited to CFA events in London.
The Masters in Finance program at LBS is expressly for practitioners in the financial industry and is designed for students who are primarily interested in an academic career in science and research, not suitable because it is the Masters in Finance at the University is a master's program, which is completed solely by the availability of compulsory and optional modules. A final Master's thesis is not provided in the program to make a program in the EU area, like many other British universities master's degrees is not compliant with the Bologna process and thus usually not qualified to receive a Promotionssstudiums in the Bologna area.
The Masters in Finance program has been ranked yet by the Financial Times in 2011 and 2012 respectively on the 1st place around the world for post -experience programs in Finance.
Approval process for franking program
Like the MBA program, the approval process for franking is extremely competitive. Candidates must have at least two years of relevant professional experience in the field of banking and finance, which have been after completion of a first university exam, usually the Bachelor degree obtained. In addition, applicants must write 6 essays, among other things, should reflect their professional goals and the associated expectations of the franking program and their personal motivation. Furthermore, extensive international experience, required both by previous studies as well as the career, the evidence flowing knowledge of the English language, outstanding academic achievements in previous studies and a very high value on the GMAT for a successful application.
Suitable candidates who meet the criteria are invited to follow up on a pre-selection interviews with the university. The London Business School draws on its international network of alumni, which allows the university to offer conversations usually in the home country of the applicant. The most one-hour interviews give an alumnus of the LBS as a deputy of the university a deeper insight into the personality and motivation of the candidate as well as his abilities to successfully participate in the franking program. Following the interview, the interviewer announces its vote on the selection committee of the LBS, which usually then the final decision regarding the admission or rejection of the candidate falls within one to two weeks.
Statistical characteristics - LBS mixed franking (Full -Time Class of 2012 ):
Number of students admitted: 116
Average GMAT of admitted students: 700
Average age: 30
Age band: width: 23 to 37 years
Average work experience: 6 years
Range of work experience: 2 to 13 years
Percentage of international students ( non -UK ): 93 %
Masters in Management
The Masters in Management ( MiM ) program of the London Business School is a one-year master 's degree in management and is aimed at recently graduated students with less than one year of professional experience. The MiM is the latest master program in the portfolio of LBS and is focused to provide students with a solid foundation in all areas of business administration as well as practical skills that support optimal with respect to an entry in industrial companies, banks and consulting firms.
The program will be completed over a number of compulsory basic modules of lectures, workshops, lectures by guest speakers, case studies, group and individual work.
Around 8,000 executives each year visit the non- academic training programs of the university. The London Business School offers a portfolio with a total of 31 programs from the fields of general management, strategy, leadership, marketing, human resources and finance. The training programs of the university are essentially doing is divided into two main areas, firstly, the open programs and other individualized programs.
In addition to the open, standardized programs that originate from the fields mentioned above, provides the Centre for Management Development (CMD ) in LBS individualized programs for groups of executives and allow organizations and businesses in order to offer their employees the company needs tailored training.
The research activities of the London Business School extend over 16 research centers, which are located at the university. The London Business School is one of a total of the strongest research business schools in the world and has played twice in succession the highest research rating 5 * of the Higher Education Funding Council for England ( HEFCE ) is obtained.
About the Master's programs, the LBS offers a five-year PhD program. The LBS supports annually some 60 PhD students in seven doctoral programs: Accounting, Economics, Finance, Management Science & Operations, Marketing, Organisational Behaviour, and Strategic & International Management.
University professors and staff
- Constantinos C. Markides - Robert P. Bauman Professor of Strategic Management
- Süleyman Başak - economist, professor at the Institute of Finance & Accounting
- Alan Budd - Professor of Economics, Director of the Center for economic forecasts, consultant Barclays Bank and member of the Advisory Board of the Research Training Group
- Gary Hamel - founder (along with CK Prahalad ) of the concept of core competencies of an organization and contributor to the theoretical concept of the resource- based approach to strategic management and its development
- Terence Burns, Baron Burns - Chairman of Abbey National plc, Non-Executive Chairman of the glass Cymru and Non-Executive Director of Pearson Group plc. He is also chairman of the National Institute of Economic and Social Research, President of The Society of Business Economists, Chairman of the Executive Committee of the Royal Academy of Music, Chairman of Channel 4 and Chairman of the Monteverdi Choir and Orchestra
- Richard Portes - Member of the British Academy and a member of the Econometric Society. Richard Portes was also the CBE for his services to the field of economics awarded in 2003
- Nirmalya Kumar - renowned marketing expert and author of the Best - Sellers Private Label Strategy
- Michael Earl - former professor of Information Management, Deputy Director of the Centre for Network Economy
- George Yip - Dean of the Rotterdam School of Management. Former Professor of Strategic and International Management and Associate Dean at the London Business School
- Bill Moggridge - British designer, co-founder of the Silicon Valley -based design firm IDEO.
- Sir David Arculus, Chairman of the Supervisory Board, O2
- Nicholas Ashley -Cooper, 12th Earl of Shaftesbury, COO, Gomix Music Software Corporation
- Sükhbaataryn Batbold, Prime Minister of Mongolia
- Kumar Birla - Chairman, Aditya Birla Group
- David Davis - a member of the lower house of the British parliament
- Sir John Egan - Chairman, Severn Trent plc
- Justine Greening - Member of the House of Commons in the British Parliament
- Sir Richard Greenbury - CEO, Marks & Spencer
- Huw Jenkins - former CEO, Investment Banking, UBS
- John Jennings ( businessman ) - Chairman of the Board, BC Cancer Foundation
- Sir Chris Kelly KCB - Chairman, NSPCC
- Thomas Kwok - Vice Chairman and Managing Director, Sun Hung Kai Properties
- Oliver Letwin - Member of the House of Commons in the British Parliament
- Cyrus Pallonji Mistry, Vice Chairman and CEO-designate of Tata Group
- Nigel Morris - co-founder, Capital One Financial Services
- David Muir - Director of Political Strategy, British Prime Minister to the Gordon Brown MP
- Ted Pietka - Supervisory Board Member of Boryszew SA.
- Omar Samra - First Egyptian who climbed Mount Everest
- The Hon Wong Kan Seng - Deputy Prime Minister, Singapore
- Sir John Sunderland ( businessman ) - Chairman, Cadbury Schweppes plc
- Tony Wheeler - Founder, Lonely Planet
- Roys Poyiadjis - Entrepreneur and financier