Manchester Business School

From Wikipedia, the free encyclopedia

Manchester Business School
Established: 1965 (2004 for the 'new' MBS)
Type: Business School
Director: Michael Luger
Location: Manchester, United Kingdom
Campus: Urban
Affiliations: University of Manchester
Website: http://www.mbs.ac.uk

Manchester Business School (MBS) is the business and management school of the University of Manchester in England. According to the Financial Times it is ranked among the top 25 in the world.

Contents

[edit] History

Atrium of MBS East situated on the corner of Booth Street West and Oxford Road. It is the home to the Undergraduate Services and some of the Research Centres.
Atrium of MBS East situated on the corner of Booth Street West and Oxford Road. It is the home to the Undergraduate Services and some of the Research Centres.

The "new" Manchester Business School was formed in 2004 as a result of the merger of UMIST's Manchester School of Management, the Institute of Innovation Research (IoIR), the Victoria University of Manchester's School of Accounting and Finance, and the "old" Manchester Business School. The Independent wrote, in 2006, that MBS is "one of the grand old men of British business schools",[1] as it was founded in 1965 - at the same time as the London Business School -, after the Franks Report recommended "the establishment of two high quality business schools attached to existing universities but with considerable autonomy".[2] MBS was the first school in the United Kingdom to offer MBA courses.

[edit] Organisation

The school comes under the Faculty of Humanities of the University of Manchester. Today it is with over 200 teaching staff not only the largest campus-based business school in the country, and has a truly international student composition as three quarters of its student body is from outside the UK.[3]

Manchester offers Ph.D, MBA (full time and executive), several specialist masters programmes as well as undergraduate degrees. Entry requirements for undergraduate and postgraduate degrees are both highly competitive. For popular undergraduate courses such as Accounting and/or Finance there are just 70 places available for approximately 1600 applicants.[4] As of 2006, a minimum work experience of 3 years and a good Graduate Management Admission Test is required for admission to the MBA programs. The 18 months full time MBA program is known for its "Manchester Method" which puts emphasis on learning by doing throughout the entire duration of the programme, including significant real life projects.[5] In addition, the school offers the so-called "Manchester Gold" programme, a mentoring scheme to provide students with opportunities to meet regularly with professionals from a wide variety of sectors and industries. Last year's mentors, for example, came from high-profile companies such as Morgan Stanley, PricewaterhouseCoopers, Royal Dutch Shell Group, IBM Consulting and GlaxoSmithKline among many others.

Professor Michael Luger Ph.D MCP (UC Berkeley) MPA AB (Princeton) is the new Director since January 2007; he joined from the Kenan-Flagler Business School, part of University of North Carolina at Chapel Hill.

[edit] Accreditation and reputation

Among the bodies validating MBS programmes, the British Psychological Society validates its Organizational Psychology masters, and the Chartered Institute for Personnel and Development its HRM MA degree. Its MBA is one of a small and select band worldwide which receive triple accreditation by AACSB International, AMBA and EQUIS.

The school was recently ranked among the top 25 business schools in the world for the third time for its MBA program, and 1st in the world for its doctoral program.[6] It is placed 9th in Europe and 4th in the UK, while being 5th in the world for international business and 4th in Europe for percentage salary increase of its graduates. Regarding international experience, MBS is 11th in the world and 1st in the UK as well as is ranked in the world's top 10 for the career progress of its alumni. The average starting salary of Manchester's MBA graduates is US$111,774 - one of the highest of European business schools.

Other rankings, such as the most recent Forbes survey, which lists business schools on their "return on investment" via a survey of alumni salaries, put Manchester 3rd in the UK and 6th in Europe. In the Which MBA? survey MBS reached the 5th place in the UK, 8th in Europe and 30th in the world. The MBA Career Guide of international MBA recruiters placed Manchester 2nd in the UK, 7th in Europe and 15th in the world.[7]

Furthermore, Manchester was selected by HM Home Office's Border Agency as part of the Highly Skilled Migrant Programme which gives MBA-graduates from the world's top 50 business schools extra qualification points and helps them meet visa requirements to work in the UK. The Quality Assurance Agency for Higher Education (QAA) assessed the school's teaching quality with 24 out of 24 points.

[edit] Research Profile

In the previous 2001 Research Assessment Exercise (pre-merger) the 'old' Manchester Business School and Manchester School of Management were both rated 5. Manchester School of Accounting and Finance is one of only two accounting and finance schools in the UK rated as 6* by the RAE (i.e. with RAE 5* rating for two consecutive periods). The UK government body (HEFCE) ranks MBS teaching capabilities as 'Excellent', the highest category. According to a survey published by Accounting and Finance in 2008, MBS is ranked as the "world number one for accounting research".

Manchester has several research centres of international standing. These include those in the areas of decision sciences, employment and labour studies, technology management and innovation, and critical management studies. Among its Professors with World-ranked reputations are Professors Luke Georghiou, Ian Miles, Richard Nelson and Giovanni Dosi (Manchester Institute of Innovation Research), Professor Fang-Lee Cooke (Chinese Business and Employment), Professor Colin Talbot (Public Policy and Management), Professor John Hassard (Organization Studies), Professor Jill Rubery FBA (Employment Studies), Professor Andrew Stark (Finance), and Professor Richard Whitley (Business Systems). Professor Karel Williams is currently co-heading a major new centre for the research of social change called CRESC.

[edit] International Exchange Programmes

Manchester has one of the world's largest international exchange programmes[citation needed], among others with renowned institutions such as New York University, Cornell University, University of Chicago, University of California (all USA), Queen's University, McGill University, York University and University of Toronto (all Canada), SDA Bocconi (Italy), HEC Paris (France), Copenhagen Business School (Denmark), Rotterdam School of Management (Netherlands), Stockholm School of Economics (Sweden), Instituto de Empresa (Spain), University of St. Gallen (Switzerland), National University of Singapore, International University of Japan, Indian Institute of Management Ahmedabad, Hong Kong University of Science & Technology, CEIBS (China), University of Otago (New Zealand) and the Universities of Sydney and Melbourne (both Australia).

[edit] Notable alumni

[edit] References

  1. ^ Manchester Business School. The Independent. Independent News and Media Limited (17 December 2006). Retrieved on 2007-05-18.
  2. ^ London Business School: Administrative Records. AIM25. The National Archives (April 2002). Retrieved on 2007-05-18.
  3. ^ MBS Student experience. MBS. Retrieved on 2008-01-28.
  4. ^ Corporate Services - Manchester Business School. University of Manchester web pages. University of Manchester (2006). Retrieved on 2007-06-05.
  5. ^ Corporate Services - Manchester Business School. University of Manchester web pages. University of Manchester (2006). Retrieved on 2007-05-18.
  6. ^ Financial Times MBA 2008. Financial Times (28 January 2008). Retrieved on 2008-01-28.
  7. ^ Manchester Business School. MBS Website. University of Manchester (17 December 2006). Retrieved on 2007-06-13.

[edit] External links

v • d • e
University of Manchester
Faculties
Schools
Centres
Institutes
Buildings
Facilities
Halls of residence
History
Alumni