London Business School

Overview

London Business School

London Business School (LBS) is a public research university located in London, United Kingdom. It was founded in 1964 as the London Graduate School of Business Studies before establishing its first doctoral program in 1969 and changing to its current name in 1986. A constituent college of the University of London, LBS belongs to the top-ranked educational institutions in the country with contributions in the fields of economics, marketing, and psychology.

London Business School Key Statistics

LBS offers masteral degree programs, doctoral degree programs, and executive education, including Master in Accounting and Financial Analysis, Master in Management, Master in Finance, and Executive MBA.

Other London Business School key statistics include its 2,300 students and 150 faculty. The school has two campuses located in London and in Dubai, UAE. The campus in London is situated in Sussex Place, a Grade I listed building designed by John Nash in the 1800s. It contains facilities such as lecture theaters, cafe, lounge, library, and a fitness and wellbeing center with a 25-meter swimming pool and a fully-equipped gym. LBS has also acquired the Marylebone Town Hall and the previous site used by the Royal College of Obstetricians and Gynaecologists.

The school is affiliated with the Association to Advance Collegiate Schools of Business and the Association of MBAs.

London Business School Research

LBS conducts research on areas including management science and operations, strategy and entrepreneurship, and organizational behavior. For 2019, London Business School’s endowment amounted to £56.5 million.

Economics, marketing, and psychology are the top fields of London Business School research. Their work output has been presented at conferences such as the Economics and Computation conference in 2021, the Decision Support Systems conference in 2006, and the IEEE Powertech Conference in 2017.

The most cited article from the school is Prahalad and Hamel’s (2005) “The core competence of the corporation” which appeared in Harvard Business Review and was also previously published in Social Science Research Network in 1990 with a total of close to 23,000 citations to date. The second most cited work is Nahapiet and Ghoshal’s (1998) “Social capital, intellectual capital, and the organizational advantage” featured in Academy of Management Review and was also published in Social Science Research Network with a total of more than 17,800 citations. In addition, the third most cited work is Tsai and Ghoshal’s (1998) “Social capital and value creation: The role of intrafirm networks” published in the Academy of Management Journal with over 8,600 citations so far.

Research centers and institutes at LBS include the AQR Asset Management Institute for interdisciplinary and innovative research in asset management and the Center for Corporate Governance with research themes such as investor stewardship, short-termism, common ownership, and investor rights. It also houses the Institute of Entrepreneurship and Private Capital, the Leadership Institute for improving leadership processes, and the Wheeler Institute for Business and Development for research on the application of business insights to solve global challenges. The school also has the Research Lab for testing research ideas in the field or online.