Lancaster University Management School
Encyclopedia
Lancaster University Management School (LUMS) in Lancaster, England, is the business school of Lancaster University
. The School was established in 1964. A full range of subjects are taught, ranging from undergraduate degrees to postgraduate degrees including MBAs, PhD
s and post-experience executive education
. The Financial Times
ranks Lancaster University's MBA programme the 24th in the world and 3rd in terms of value for money (in 2010).
Lancaster University Management School consists of a number of new buildings and facilities grouped together near the south end of the campus. The Hub area and atrium of the school opened in 2005 and is primarily a host to postgraduate studies. A new annex, The Carter Building, is scheduled to open in late 2010 and will expand the teaching space available to undergraduate students. The entirety of the main campus study spaces are wifi-enabled and groupwork study spaces are located throughout the campus.
, BAE Systems
, Bass
, British Airways
, Pilkington
, Rexam
, Royal & Sun Alliance and Total
. The School has worked with many public sector organisations including the NHS
and The UK Cabinet Office. Through its Institute for Entrepreneurship and Enterprise Development it also provides business support and knowledge transfer for small and medium enterprises in England's North West region.
In 2005, LUMS partnered with Ernst & Young
to offer an undergraduate degree in Accounting, Auditing and Finance, in which students undertake up to 18 months of paid work-experience with Ernst & Young, whilst being trained for a Chartered Accountant
qualification. Several LUMS postgraduate programmes have modules designed and delivered by employers - these include Accenture
, Deloitte, Cisco
, IBM
and SAP AG
.
. This periodic review measures and compares all Higher Education Institutions in the UK and 95% of LUMS' research is considered to be of international quality or higher.
Research is led by professors including Professor Cary Cooper CBE (Professor of Organisational Psychology & Health and Pro Vice Chancellor for External Relations) and Peter Checkland
(Emeritus Professor and the developer of soft systems methodology (SSM) in the field of systems thinking
).
.
in their first year. Most programmes offer the capability to take part in an industrial placement year. It is argued that such placement- or internship-focused degrees enhance students' employability
upon completion of degree programmes.
. Each year, the School submits a number of teams into the UK IBM
Business Challenge and is involved in numerous case competition
s. In 2010, LUMSA was formed within LUMS which aims to unite and synergise the 8 Management School societies (part of the wider Lancaster University Students' Union) to enable greater student participation within the school.
has an international exchange programme of which LUMS is an active member. Study Abroad Programmes
enable students from one host university or institution to "swap" places with another from an alternative institution so that both may enjoy a new culture, setting and different approach to learning. Many of the undergraduate programmes at LUMS, including the BBA
in Management and BSc Business Studies include the option to study abroad in the second or final year for periods ranging from a term to a year.
Study Abroad destinations available to Management School students include , , , , Hong Kong
& , , , and . Between 20 and 30 partner universities operate exchanges with Lancaster University
at any one time. The option to study abroad is available to students on participating courses and involves a competitive selection process.
Lancaster University
Lancaster University, officially The University of Lancaster, is a leading research-intensive British university in Lancaster, Lancashire, England. The university was established by Royal Charter in 1964 and initially based in St Leonard's Gate until moving to a purpose-built 300 acre campus at...
. The School was established in 1964. A full range of subjects are taught, ranging from undergraduate degrees to postgraduate degrees including MBAs, PhD
PHD
PHD may refer to:*Ph.D., a doctorate of philosophy*Ph.D. , a 1980s British group*PHD finger, a protein sequence*PHD Mountain Software, an outdoor clothing and equipment company*PhD Docbook renderer, an XML renderer...
s and post-experience executive education
Executive Education
Executive Education refers to academic programs at leading graduate-level business schools worldwide for executives, business leaders and functional managers. These programs are non-credit and non-degree granting...
. The Financial Times
Financial Times
The Financial Times is an international business newspaper. It is a morning daily newspaper published in London and printed in 24 cities around the world. Its primary rival is the Wall Street Journal, published in New York City....
ranks Lancaster University's MBA programme the 24th in the world and 3rd in terms of value for money (in 2010).
Reputation and accreditation
Rankings
| Ranking | Place | Year |
|---|---|---|
| The Economist The Economist The Economist is an English-language weekly news and international affairs publication owned by The Economist Newspaper Ltd. and edited in offices in the City of Westminster, London, England. Continuous publication began under founder James Wilson in September 1843... Global MBA Ranking |
79th Globally | 2009 |
| Forbes Forbes Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week... Top Non-U.S. One-Year Business Schools |
7th | 2009 |
| Financial Times Financial Times The Financial Times is an international business newspaper. It is a morning daily newspaper published in London and printed in 24 cities around the world. Its primary rival is the Wall Street Journal, published in New York City.... Doctoral Programme Ranking |
5th in Europe, 3rd in UK | 2010 |
| The Times Good University Guide | 10th in UK | 2010 |
| The Independent The Independent The Independent is a British national morning newspaper published in London by Independent Print Limited, owned by Alexander Lebedev since 2010. It is nicknamed the Indy, while the Sunday edition, The Independent on Sunday, is the Sindy. Launched in 1986, it is one of the youngest UK national daily... Complete University Guide |
8th in UK | 2010 |
| The Guardian The Guardian The Guardian, formerly known as The Manchester Guardian , is a British national daily newspaper in the Berliner format... University Guide |
6th in UK | 2010 |
Campus and facilities
LUMS is one of the four faculties of Lancaster University and is situated on the university campus, south of the city of Lancaster.Lancaster University Management School consists of a number of new buildings and facilities grouped together near the south end of the campus. The Hub area and atrium of the school opened in 2005 and is primarily a host to postgraduate studies. A new annex, The Carter Building, is scheduled to open in late 2010 and will expand the teaching space available to undergraduate students. The entirety of the main campus study spaces are wifi-enabled and groupwork study spaces are located throughout the campus.
Organisational relationships
LUMS has worked in partnership with many companies to develop customised executive education. Partners have included: AstraZenecaAstraZeneca
AstraZeneca plc is a global pharmaceutical and biologics company headquartered in London, United Kingdom. It is the world's seventh-largest pharmaceutical company measured by revenues and has operations in over 100 countries...
, BAE Systems
BAE Systems
BAE Systems plc is a British multinational defence, security and aerospace company headquartered in London, United Kingdom, that has global interests, particularly in North America through its subsidiary BAE Systems Inc. BAE is among the world's largest military contractors; in 2009 it was the...
, Bass
Bass (beer)
The Bass Brewery was founded as a brewery in 1777 by William Bass in Burton upon Trent, England. The main brand was Bass Pale Ale, which was once the highest selling beer in the UK...
, British Airways
British Airways
British Airways is the flag carrier airline of the United Kingdom, based in Waterside, near its main hub at London Heathrow Airport. British Airways is the largest airline in the UK based on fleet size, international flights and international destinations...
, Pilkington
Pilkington
Pilkington Group Limited is a multinational glass manufacturing company headquartered in St Helens, United Kingdom. It is a subsidiary of the Japan-based NSG Group...
, Rexam
Rexam
Rexam PLC is a global consumer packaging company headquartered in London, United Kingdom. It is the largest manufacturer of beverage cans in the world and a leading producer of plastic packaging...
, Royal & Sun Alliance and Total
Total S.A.
Total S.A. is a French multinational oil company and one of the six "Supermajor" oil companies in the world.Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and...
. The School has worked with many public sector organisations including the NHS
National Health Service
The National Health Service is the shared name of three of the four publicly funded healthcare systems in the United Kingdom. They provide a comprehensive range of health services, the vast majority of which are free at the point of use to residents of the United Kingdom...
and The UK Cabinet Office. Through its Institute for Entrepreneurship and Enterprise Development it also provides business support and knowledge transfer for small and medium enterprises in England's North West region.
In 2005, LUMS partnered with Ernst & Young
Ernst & Young
Ernst & Young is one of the largest professional services networks in the world and one of the "Big Four" accountancy firms, along with Deloitte, KPMG and PricewaterhouseCoopers ....
to offer an undergraduate degree in Accounting, Auditing and Finance, in which students undertake up to 18 months of paid work-experience with Ernst & Young, whilst being trained for a Chartered Accountant
Chartered Accountant
Chartered Accountants were the first accountants to form a professional body, initially established in Britain in 1854. The Edinburgh Society of Accountants , the Glasgow Institute of Accountants and Actuaries and the Aberdeen Society of Accountants were each granted a royal charter almost from...
qualification. Several LUMS postgraduate programmes have modules designed and delivered by employers - these include Accenture
Accenture
Accenture plc is a global management consulting, technology services and outsourcing company headquartered in Dublin, Republic of Ireland. It is the largest consulting firm in the world and is a Fortune Global 500 company. As of September 2011, the company had more than 236,000 employees across...
, Deloitte, Cisco
Cisco
Cisco may refer to:Companies:*Cisco Systems, a computer networking company* Certis CISCO, corporatised entity of the former Commercial and Industrial Security Corporation in Singapore...
, IBM
IBM
International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...
and SAP AG
SAP AG
SAP AG is a German software corporation that makes enterprise software to manage business operations and customer relations. Headquartered in Walldorf, Baden-Württemberg, with regional offices around the world, SAP is the market leader in enterprise application software...
.
Academic development at LUMS
Eight subject areas exist within the Management School, including Accounting and Finance, Economics, the Institute of Entrepreneurship and Enterprise Development, the Management Development Division, Management Learning and Leadership, Management Science, Marketing, and Organisation, Work and Technology.Research focus
Research at LUMS was ranked 3rd in the UK in the 2008 Research Assessment ExerciseResearch Assessment Exercise
The Research Assessment Exercise is an exercise undertaken approximately every 5 years on behalf of the four UK higher education funding councils to evaluate the quality of research undertaken by British higher education institutions...
. This periodic review measures and compares all Higher Education Institutions in the UK and 95% of LUMS' research is considered to be of international quality or higher.
Research is led by professors including Professor Cary Cooper CBE (Professor of Organisational Psychology & Health and Pro Vice Chancellor for External Relations) and Peter Checkland
Peter Checkland
Peter Checkland is a British management scientist and emeritus professor of Systems at Lancaster University. He is the developer of soft systems methodology : a methodology based on a way of systems thinking.- Biography :...
(Emeritus Professor and the developer of soft systems methodology (SSM) in the field of systems thinking
Systems thinking
Systems thinking is the process of understanding how things influence one another within a whole. In nature, systems thinking examples include ecosystems in which various elements such as air, water, movement, plants, and animals work together to survive or perish...
).
Research Centres at LUMS
- International Centre for Research in Accounting
- Centre for e-Science
- Centre for Family Business
- Learning and Skills Improvement Service
- Gulf One Lancaster Centre for Economic Research (GOLCER)
- Lancaster Centre for Forecasting
- Lancaster China Management Centre (LCMC)
- Lancaster Centre for Strategic Management
- Lancaster Leadership Centre
- Centre for Performance-Led HR (CPHR)
- Centre for the Study of Technology and Organisation
Postgraduate study
LUMS delivers a wide range of taught and research courses, catering for continuing students and professional and executive training. Postgraduate students who study at LUMS are automatically made members of Graduate CollegeGraduate College
Graduate College is the only college in Lancaster University to take postgraduate students rather than undergraduates. Until its creation in 1992 each of the other eight colleges also took postgraduates. The university had a lot of success in postgraduate work, and it was felt postgraduates should...
.
Undergraduate study
LUMS currently has 2,268 undergraduate students enrolled, all of which will have been assigned to a college of Lancaster UniversityLancaster University
Lancaster University, officially The University of Lancaster, is a leading research-intensive British university in Lancaster, Lancashire, England. The university was established by Royal Charter in 1964 and initially based in St Leonard's Gate until moving to a purpose-built 300 acre campus at...
in their first year. Most programmes offer the capability to take part in an industrial placement year. It is argued that such placement- or internship-focused degrees enhance students' employability
Employability
Employability refers to a person's capability of gaining initial employment, maintaining employment, and obtaining new employment if required . In simple terms, employability is about being capable of getting and keeping fulfilling work...
upon completion of degree programmes.
Extra-curricular involvement at LUMS
A range of extra-curricular opportunities exist at LUMS, in addition to those available within Lancaster UniversityLancaster University
Lancaster University, officially The University of Lancaster, is a leading research-intensive British university in Lancaster, Lancashire, England. The university was established by Royal Charter in 1964 and initially based in St Leonard's Gate until moving to a purpose-built 300 acre campus at...
. Each year, the School submits a number of teams into the UK IBM
IBM
International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...
Business Challenge and is involved in numerous case competition
Case competition
In a case competition, participants compete for the best solution to a business case study under time pressure. Most often it is a competition at university level, but on occasions also held at other levels. The case competition is an event in which business teams deliver business presentations,...
s. In 2010, LUMSA was formed within LUMS which aims to unite and synergise the 8 Management School societies (part of the wider Lancaster University Students' Union) to enable greater student participation within the school.
Study abroad and international exchanges
Lancaster UniversityLancaster University
Lancaster University, officially The University of Lancaster, is a leading research-intensive British university in Lancaster, Lancashire, England. The university was established by Royal Charter in 1964 and initially based in St Leonard's Gate until moving to a purpose-built 300 acre campus at...
has an international exchange programme of which LUMS is an active member. Study Abroad Programmes
Student exchange program
A student exchange program generally could be defined as a program where students from secondary school or university choose to study abroad in partner institutions...
enable students from one host university or institution to "swap" places with another from an alternative institution so that both may enjoy a new culture, setting and different approach to learning. Many of the undergraduate programmes at LUMS, including the BBA
BBA
BBA may refer to:*Bachelor of Business Administration, degree*Bachpan Bachao Andolan, an NGO against child labour in India*Backyard Brawlers Association, a wrestling promotion based primarily out of Rockville Centre, NY*Balanced Budget Act, U.S...
in Management and BSc Business Studies include the option to study abroad in the second or final year for periods ranging from a term to a year.
Study Abroad destinations available to Management School students include , , , , Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
& , , , and . Between 20 and 30 partner universities operate exchanges with Lancaster University
Lancaster University
Lancaster University, officially The University of Lancaster, is a leading research-intensive British university in Lancaster, Lancashire, England. The university was established by Royal Charter in 1964 and initially based in St Leonard's Gate until moving to a purpose-built 300 acre campus at...
at any one time. The option to study abroad is available to students on participating courses and involves a competitive selection process.
Notable alumni
| Name | Programme of Study | Year | Current Status |
|---|---|---|---|
| Antony Burgmans Antony Burgmans Antony Burgmans was formerly the non-executive Chairman of the Anglo-Dutch food and health products giant Unilever.-Career:... |
MA Marketing | 1971 | Chairman - Unilever Unilever Unilever is a British-Dutch multinational corporation that owns many of the world's consumer product brands in foods, beverages, cleaning agents and personal care products.... |
| Gillian Merron Gillian Merron Gillian Joanna Merron was a British Labour Party politician, who was also the Member of Parliament for Lincoln from 1997 to 2010. From 2009 to 2010 she was Minister of State with responsibility for Public Health at the Department of Health.-Personal life:Merron was born in Ilford, Essex, and... |
BSc Management Science | 1980 | Held an MP Member of Parliament A Member of Parliament is a representative of the voters to a :parliament. In many countries with bicameral parliaments, the term applies specifically to members of the lower house, as upper houses often have a different title, such as senate, and thus also have different titles for its members,... seat for Lincolnshire and Minister of State Minister of State Minister of State is a title borne by politicians or officials in certain countries governed under a parliamentary system. In some countries a "minister of state" is a junior minister, who is assigned to assist a specific cabinet minister... for Public Health Public health Public health is "the science and art of preventing disease, prolonging life and promoting health through the organized efforts and informed choices of society, organizations, public and private, communities and individuals" . It is concerned with threats to health based on population health... until May 2010. |
| Nahed Taher Nahed Taher Nahed Taher is founder and chief executive officer of Gulf One Investment Bank, which has its headquarters in Bahrain. In 2006, Forbes Magazine ranked Taher 72nd in the list of the 100 Most Powerful Women in the World.... |
PhD Economics | 2001 | Founder Entrepreneur An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to... and CEO - Gulf One Investment Bank |
| Ricky Wong Ricky Wong (Malaysian businessman) Dato' Ricky Wong Shee Kai is a Malaysian businessman, entrepreneur and philanthropist. He is the CEO and founder of Asia Media, Malaysia's largest Transit-TV network operator.-Biography:... |
BA Accounting & Finance | 2002 | CEO - Asia Media Asia Media Asia Media is a broadcasting, advertising and digital media company in Malaysia. It operates the country's Largest Transit-TV Network. The company provides infotainment and advertising services such as program sponsorships and video advertising using digital electronic displays installed in various... |
| Richard Allinson Richard Allinson Richard John McNeill Allinson is a British broadcaster. He started his broadcasting with a 3-year stint at Bailrigg FM, known at that time as University Radio Bailrigg ,whilst undertaking college courses at Lancaster University Management School. He was firstly Treasurer and then became President... |
BSc Economics | 1980 | BBC Radio 2 BBC Radio 2 BBC Radio 2 is one of the BBC's national radio stations and the most popular station in the United Kingdom. Much of its daytime playlist-based programming is best described as Adult Contemporary or AOR, although the station is also noted for its specialist broadcasting of other musical genres... Broadcaster |
| Richard Cousins Richard Cousins Richard John Cousins is the chief executive officer of the world's largest foodservice company, the Compass Group, which is based in Chertsey, Surrey.-Early life:He grew up in Bracknell.... |
MSc Operational Research | 1981 | CEO - Compass Group Compass Group Compass Group plc is a global contract foodservice and support services company headquartered near London, United Kingdom. It is the largest contract foodservice company in the world and has operations in over 50 countries... |
| Rob Holden Rob Holden Rob Holden CBE is a British accountant, born in Manchester. He holds a degree in Economics from Lancaster University.Holden initially worked at the Barrow-in-Furness shipyard, working on Trident.... |
BA Economics | 1977 | CEO - Crossrail Crossrail Crossrail is a project to build a major new railway link under central London. The name refers to the first of two routes which are the responsibility of Crossrail Ltd. It is based on an entirely new east-west tunnel with a central section from to Liverpool Street station... |
| Randall Zindler Randall Zindler -Personal History:Upon graduating from Minnesota State University after doing a bachelors in Geography; Randall Zindler has held positions in Food for the Hungry International and Gate Gourmet.He completed his MBA from Lancaster University Management School in 1999... |
MBA | 1999 | CEO - Medair Medair Medair is an international non-governmental organization NGO of humanitarian aid with a stated mission, "to seek out and serve the most vulnerable people affected by crises." Medair’s core competencies are emergency relief and rehabilitation... |
| Gian Fulgoni Gian M. Fulgoni Gian M. Fulgoni is a entrepreneur and 40-year market research expert, with particular focus on the measurement of consumer behaviour and the effectiveness of advertising and promotion programs in TV, print and online. Mr... |
MA Marketing | 1970 | Founder Entrepreneur An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to... & Chairman - ComScore ComScore comScore is a Internet marketing research company providing marketing data and services to many of the Internet's largest businesses. comScore tracks all internet data on its surveyed computers in order to study online behavior.... |
| John C. Hull | MA Operational Research | 1969 | Professor Professor A professor is a scholarly teacher; the precise meaning of the term varies by country. Literally, professor derives from Latin as a "person who professes" being usually an expert in arts or sciences; a teacher of high rank... of Derivatives & Risk Management Risk management Risk management is the identification, assessment, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities... - University of Toronto University of Toronto The University of Toronto is a public research university in Toronto, Ontario, Canada, situated on the grounds that surround Queen's Park. It was founded by royal charter in 1827 as King's College, the first institution of higher learning in Upper Canada... |
| W. Brian Arthur W. Brian Arthur William Brian Arthur is an economist credited with influencing and describing the modern theory of increasing returns. He has lived and worked in Northern California for many years. He is an authority on economics in relation to complexity theory, technology and financial markets... |
MA Operational Research | 1967 | Economist Economist An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy... - Santa Fe Institute Santa Fe Institute The Santa Fe Institute is an independent, nonprofit theoretical research institute located in Santa Fe and dedicated to the multidisciplinary study of the fundamental principles of complex adaptive systems, including physical, computational, biological, and social systems.The Institute houses a... & Stanford University Stanford University The Leland Stanford Junior University, commonly referred to as Stanford University or Stanford, is a private research university on an campus located near Palo Alto, California. It is situated in the northwestern Santa Clara Valley on the San Francisco Peninsula, approximately northwest of San... |
See also
- Lancaster UniversityLancaster UniversityLancaster University, officially The University of Lancaster, is a leading research-intensive British university in Lancaster, Lancashire, England. The university was established by Royal Charter in 1964 and initially based in St Leonard's Gate until moving to a purpose-built 300 acre campus at...
- Undergraduate EducationUndergraduate educationUndergraduate education is an education level taken prior to gaining a first degree . Hence, in many subjects in many educational systems, undergraduate education is post-secondary education up to the level of a bachelor's degree, such as in the United States, where a university entry level is...
- Postgraduate EducationPostgraduate educationPostgraduate education involves learning and studying for degrees or other qualifications for which a first or Bachelor's degree generally is required, and is normally considered to be part of higher education...
- Student Exchange ProgrammesStudent exchange programA student exchange program generally could be defined as a program where students from secondary school or university choose to study abroad in partner institutions...
- City of LancasterCity of LancasterThe City of Lancaster , is a local government district of Lancashire, England, with the status of a city and non-metropolitan district. It is named after its largest settlement, Lancaster, but covers a far larger area which includes the towns of Morecambe, Heysham, and Carnforth, as well as...
- Lake DistrictLake DistrictThe Lake District, also commonly known as The Lakes or Lakeland, is a mountainous region in North West England. A popular holiday destination, it is famous not only for its lakes and its mountains but also for its associations with the early 19th century poetry and writings of William Wordsworth...