School Profiles
Dean of London Business School
The School is the only institution in the Business and Management unit of assessment to receive the 5*A rating.
London Business School is the graduate school of business at the University of London. Founded in 1965, the School graduated 682 MBAs, MScs, Masters in Finance and PhDs from 69 countries last year. With 80% of students and 70% of faculty from outside the UK, London Business School is the most international institution of higher education in the United Kingdom. Each year executive education serves 5,000 executives on its programmes. Both the full time MBA and Executive MBA programmes are consistently ranked amongst the world''s best.
The MBA is aimed at people who normally have some experience in the world of work, but who are at a relatively early stage in their career. The programme is suitable for people who want to increase their knowledge of business and management either to:
- enhance their existing career and accelerate their promotion prospects
- or change career by changing function, or industry
- start their own business
The highly international nature of the programme also makes it suitable for people who want international mobility. Above all, it is a preparation for general management with a global outlook rather than US-centric or Euro-centric.
The London Business School MBA is a 21-month programme designed to develop multi-skilled professionals who are comfortable in an international culture; who know how and when to make decisions; are able to lead people and manage processes; to think strategically, and who also know how to manage themselves. For the first 9 months (3 academic terms) students follow 15 required courses (core courses). In the second year, students choose 12 elective courses from a portfolio of over 80.
The unique once-a-month structure means that students can immerse themselves in the 20-month Programme without losing sight of work commitments. High-calibre participants will learn from one another as well as from faculty members and research, building global networks of peers and mentors. Students gain two MBAs from world-leading business schools and have access to two faculties, two alumni networks and two programmes of elective subjects. The curriculum has been specifically designed to allow students to master the foundations of business and develop complete leadership skills that will differentiate them as global leaders.
Quite simply we want London Business School to be the most important and most respected international business school, comprising a community of celebrated faculty, students, alumni and colleagues whose creative work transforms the learning and practice of management by key business leaders world-wide.
We have a strong foundation on which to build. Located in the heart of London, one of the world''s foremost financial and business centres, we are a graduate school of London University. Our flagship MBA programme was introduced in 1965, the year in which we were established. In 1968, we became one of only 3 institutions in the world, and unique in Europe, to offer the Sloan Masters programme. 17 years later in 1982 we became the first business school to offer a part-time option which has evolved into the Execuitve MBA Programme.
This achievement still stands. To keep pace with our increasing programme portfolio the School moved to our present site - a magnificent 19th century Nash terrace overlooking Regent''s Park - in 1969. The addition of the Masters in Finance programme in 1993, not available at any other top business school, further enhanced our degree programme offerings. At the same time, our Executive Education programmes have grown 70% in the past three years. Recent clients include Chase Manhattan, Ericsson, IBM, Orange, Nortel Networks and Sarah Lee.
In an unprecedented collaboration between two of the world''s top business schools, London Business School and Columbia Business School have joined forces to offer the EMBA-Global. The EMBA-Global provides graduates with a dual MBA degree from both institutions, as well as access to two highly distinguished faculties and alumni and student networks. The first class began in May 2001.
The opening of Taunton Place - a £12 million building housing the School''s information and IT facilities and fully equipped sports complex - in 1998, completes the well-balanced learning and recreational environment we offer our students.
Club life is just as important a part of postgraduate experience as lectures and seminars. Clubs drive much of the activity of the school, so whether students have interests in consulting or finance, or possibly the new arenas of e-commerce, start-ups and new media, then London Business School is the place to be. Of course we can't forget the non-academic pursuits of rugby, football and dining! In any one year the portfolio of clubs reflects the ambitions and interests of the members of that year. They feature a combination of professional, social and sporting clubs. If it's not there, then a student can start it.
London Business School strongly advises applicants to its MBA Programme to research all available financing options well in advance of submitting an application. All potential applicants should aim to minimise their debt and increase their borrowing capacity. In addition, we encourage students to manage remaining debt and build up savings.
When researching the cost of the MBA Programme, students should take into account the potential earning opportunities whilst on the programme.
2001 summer job salaries averaged £1163 per week.
MBA2003s earned an average of £3000 for their Second Year Project
Scholarships. Each year several scholarships are awarded to outstanding candidates.
Bank loans. These include the HSBC-London Business School loan, which unlike most loan schemes, can provide funding to cover not only tuition fees, but also living costs.
Other funding. Apart from the loans and scholarships that are available to incoming students, many outside sources can provide financial aid to MBA participants.

Laura D''Andrea Tyson is Dean of London Business School having joined in January 2002 from the Haas School of Business at the University of California at Berkeley where she was also Dean. Dr. Tyson served in the Clinton Administration from January 1993 through December 1996. Between February 1995 and December 1996 she served as the President's National Economic Adviser and was the highest ranking woman in the Clinton White House. Dr. Tyson has a summa cum laude undergraduate degree from Smith College (1969) and a Ph.D. in economics from the Massachusetts Institute of Technology (1974). She is a member of the Boards of the Council on Foreign Relations, Eastman Kodak Company, Human Genome Sciences, Inc., Morgan Stanley Company, SBC Communications Inc. and has recently joined the Philippine President's International Board of Advisors. She is an Economic Viewpoint columnist for Business Week magazine.