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London Business School

London Business School
LBS logo .png
Motto To have a profound impact on the way the world does business
Type Business school
Established 1964; 53 years ago (1964)
Endowment £47.7 million (as of 31 July 2016)
Dean Sir Andrew Likierman
Students 2,075 (2015/16)
Location London, NW1, United Kingdom
51°31′35″N 0°09′39″W / 51.52639°N 0.16083°W / 51.52639; -0.16083Coordinates: 51°31′35″N 0°09′39″W / 51.52639°N 0.16083°W / 51.52639; -0.16083
Campus London and Dubai
Colours
Affiliations University of London, AACSB, EQUIS, AMBA
Website london.edu
Business school rankings
Worldwide MBA
Business Insider 12
Economist 25
Financial Times 3

The London Business School (LBS), founded in 1964, is an international business school and a constituent college of the federal University of London. LBS is one of the most prestigious business schools in the world; the school was ranked 1st in Europe (2015 Rankings) by the Financial Times and 2nd in the world (for Business and Management Studies; 2016) by the QS ranking. In 2013, LBS was reported to have among the most wanted MBAs in the world by recruiters, comparable to those of Harvard, Stanford and Insead

LBS awards only post-graduate degrees (Masters, MBA, and PhD) and is one of the few schools in the world to have the triple crown accreditation (AACSB, EQUIS, AMBA). LBS also has several programmes for Executives.

The main campus is located in London next to Regent's Park in the Sussex Palace, built by the architect John Nash. Unlike most other business schools, LBS organises courses in listed buildings in London instead of new buildings with a modern architecture. In 2015, the school acquired the Marylebone Town Hall and spent £60 million to refurbish it with the objective to expand its teaching facilities by 70 per cent. LBS also has a secondary campus in Dubai that is dedicated to Executive Education.

The London Business School was founded in 1964 under the name of the London Graduate School of Business Studies with Dr. Arthur Earle as a Dean. In 1965, the school was registered as a company and was designated by the University of London 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 Shiela 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's foundation. The first doctoral programme was established in 1969 and in 1970 Her Majesty Queen Elizabeth II opened the School's Regent's Park campus. The first PhD was awarded in 1974 and, that year, the females 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, the current Dean of the School. In 1986, the school officially became the London Business School and was incorporated by Royal Charter, 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. During the same year, the Executive MBA programme was launched, and the following year, the school started its first Masters in Finance. In 2001, LBS launched the first EMBA-Global degree programme in partnership with the Columbia Business School.


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