Imperial College Business School

Imperial College Business School, a division of Imperial College London in London, United Kingdom, was opened by Queen Elizabeth II. The school's courses cultivate innovative thinking and responsible leadership, preparing its students to drive global impact.

Imperial College Business School
MottoImperial means Intelligent Business
Established2004
DeanPeter Todd
Location
London
AffiliationsAACSB, EQUIS, AMBA
Websiteimperial.ac.uk/business-school

Imperial offers a range of postgraduate programmes including a Masters of Business Administration (MBA), Masters in various specializations, Doctor of Philosophy (PhD), as well as executive education. Its research centres address global challenges on sustainability and climate change, digital transformation, entrepreneurship, healthcare policy and management, and finance and institutional resilience.

History

In 1851, the Great Exhibition was the first World's Fair, organized by Prince Albert, husband of Queen Victoria. The proceeds from this event were used to establish museums and royal colleges in South Kensington, to become a centre for science, culture, and industry.[1]

In 1907, Imperial College London was established by Royal Charter, which unified the Royal College of Science, Royal School of Mines, and City and Guilds of London Institute into one university.

In 1909, King Edward VII laid the foundation stone for the Royal School of Mines building, which is part of the present day Business School facilities.

In 1955, Imperial's first MSc in Production Engineering and Management was launched at 14 Prince's Gate.[2] In 1961, Imperial launches an MSc in Operational Research and Management Studies. In 1964, executive education short courses were launched in Operational Research.

Imperial College Business School

In 1965, Imperial College London and the London School of Economics co-sponsor the founding of the London Business School.[2]

In 1971, a Department of Management Science was created.[3] In 1978, the Department of Social & Economic Studies was formed.

In 1987, the Departments of Management Science and Department of Social & Economic Studies merged to form a Management School at 53 Prince's Gate.

In 1989, an Executive MBA was launched.[4] In 2001, an Entrepreneurship Centre was established. In 2002, a Distance Learning MBA was formed. In 2003, an Innovation and Entrepreneurial group was established.

In 2003, Imperial College London elevates business to its fourth faculty, alongside science, engineering, and medicine.

Royal School of Mines

In 2004, Queen Elizabeth II opens Imperial College's Tanaka Business School.[4][5]

In 2008, the business school drops the Tanaka name and becomes Imperial College Business School.[6]

In 2021, Imperial's White City Campus was opened.

Campus

The business school is on Imperial College London's main campus in South Kensington. Its modern glass architecture drew its inspiration from the Crystal Palace of the Great Exhibition, reflecting the college's historical orgins. Designed by Sir Norman Foster & Partners, the landmark building was opened by Queen Elizabeth II and incorporates the 19th-century vaults of the Royal School of Mines.

The business school has additional facilities on Imperial College London's White City campus, which serves as an innovation and entrepreneurship ecosystem for collaboration between students, faculty, entrepreneurs, and industry. Included on the White City campus is the Scale Space, set up as a community to help innovative companies accelerate growth. There is located Imperial's Translation and Innovation Hub, Imperial's White City Incubator, Invention Rooms, and a Hackspace for manufacturing equipment and training.[7]

Programmes
Translation & Innovation Hub

The business school offers undergraduate and postgraduate education, including a Masters of Business Administration (MBA), Masters in specific subjects, Doctorate of Philosophy (PhD), as well as executive education.[8]

Academics

The business school is focused around five key themes:

  • Digital Transformation: How technology is transforming business and society
  • Entrepreneurship: How to thrive in dynamic and uncertain environments
  • Healthcare Policy & Management: Policy and practice to improve health and wellbeing
  • Finance & Institutional Resilience: Helping build more resilient business and a stronger global economy
  • Sustainability & Climate Change: Inculsive and responsible business models for sustainable growth

Research centres:

  • Brevan Howard Centre for Financial Analysis
  • Centre for Climate Finance & Investment
  • Centre for Digital Transformation
  • Centre for Financial Technology
  • Centre for Health Economics & Policy Innovation
  • Centre for Responsible Leadership
  • Gandhi Centre for Inclusive Innovation
  • Imperial Business Design Studio
  • Leonardo Centre on Business for Society

Rankings
Business Rankings
Europe MBA
QS (2024)[9]9
Financial Times (2024)[10]10
Global MBA
QS (2024)[11]20
Financial Times (2024)[12]37

University:
Imperial has a reputation as one of the leading universities in the United Kingdom and Europe.[13]

MBA:

Masters:

Research

According to the latest league tables by Times Higher Education, based on the government's Research Excellence Framework, Imperial College London ranked first in the UK.[14] The Research Excellence Framework found that 97% of Imperial College London's research in "business and management" was "world-leading" or "internationally excellent."[15]

People
53 Princes Gate, Brevan Howard Centre for Financial Analysis

Directors and deans
  • Sam Eilon (1955–1987)
  • David Norburn (1987–2003)
  • David Begg (2003–2012)
  • Dorothy Griffiths (2012–2013)
  • G. "Anand" Anandalingam (2013–2016)
  • Nelson Phillips (2016–2017)*
  • Francisco Veloso (2017–2023)
  • Franklin Allen (2023-2024)*
  • Peter Todd (2024-present)

*Interim

Notable academic staff
  • Franklin Allen, executive director of the Brevan Howard Centre (2014–present)
  • David Miles, CBE, Professor of Financial Economics
  • William Perraudin, economist (former Chair in Finance, now adjunct professor)
  • Carol Propper, CBE, FBA, chair in Economics
  • Tommaso Valletti, chair in Economics, Chief Competition Economist of the European Commission (2016–2019)
  • George Yip, Emeritus Professor of Marketing and Strategy

References
  1. "History of Imperial College Business School". Imperial College London.
  2. "A History of Management Science at Imperial College (1955-1989)" (PDF). Pubsonline.informs.org. Retrieved 30 July 2016.
  3. Gay, Hannah (2007). The History of Imperial College London, 1907-2007: Higher Education and Research in Science, Technology and Medicine. World Scientific. p. 578. ISBN 9781860947094.
  4. Gay, p 580
  5. Wheatcroft, Patience (25 June 2004). "One learns a lot at Imperial College". The Times (London).
  6. Bradshaw, Della (20 August 2008). "Imperial drops Tanaka name". Financial Times. Retrieved 4 January 2023.
  7. "White City Campus | Imperial College Business School". www.imperial.ac.uk. Retrieved 28 March 2024.
  8. "Imperial 2023 Course Offerings". Imperial College London. Retrieved 22 September 2022.
  9. "QS Europe MBA Rankings 2023". Quacquarelli Symonds.
  10. "Global MBA Ranking 2022". Financial Times.
  11. "QS Global MBA Rankings 2023". Quacquarelli Symonds.
  12. "Global MBA Ranking 2023". Financial Times.
  13. "Imperial College London". Times Higher Education (THE). 16 March 2024. Retrieved 21 March 2024.
  14. "REF 2021: Quality ratings hit new high in expanded assessment". Times Higher Education (THE). 12 May 2022. Retrieved 8 March 2024.
  15. "Imperial overall scores by UoA". Imperial College London. Retrieved 8 March 2024.

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