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===QAA assessment===
===QAA assessment===
⚫
QAA in September 2012, which concluded that LSBF has put in place measures to strengthen its quality management arrangements.<ref name="qaa.ac.uk">http://www.qaa.ac.uk/InstitutionReports/Reports/Pages/REO-LSBF-12.aspx</ref>
On 9 August 2012, following an inspection at LSBF's campus in Birmingham, the [[Quality Assurance Agency for Higher Education]] issued a report on the provision of higher education services by the LSBF.<ref>http://www.timeshighereducation.co.uk/story.asp?storycode=420868</ref><ref>http://www.walesonline.co.uk/news/education-news/2012/08/11/report-uncovers-weaknesses-in-university-of-wales-relationship-with-two-business-schools-91466-31596545/</ref><ref>http://www.walesonline.co.uk/news/education-news/2012/08/15/business-school-claims-it-severed-links-with-uni-91466-31624500/</ref> The report's primary findings concluded that the partnership between the LSBF and the University of Wales (terminated in 2011) had recruited more students than the LSBF's resource base justified, placing an intolerable burden on physical and human resources. The report concluded that the weaknesses were attributable to a range of factors including institutional immaturity and an inadequate understanding of the expectations of a higher education provider in the UK. Furthermore, it stated that the LSBF's admissions process was insufficiently closely managed, and led to the acceptance of many inappropriate students. It concluded that more recently LSBF had put in place measures to strengthen its quality management arrangements, but nonetheless requested it to report within 6 weeks an action plan to address the issues<ref>http://www.qaa.ac.uk/Newsroom/PressReleases/Pages/Concern-University-of-Wales-LSBF.aspx</ref>

⚫
The above issues were reassessed in review carried out by the QAA in September 2012, which concluded that LSBF has put in place measures to strengthen its quality management arrangements.<ref name="qaa.ac.uk">http://www.qaa.ac.uk/InstitutionReports/Reports/Pages/REO-LSBF-12.aspx</ref>
The Review for Educational Oversight, published on 12 December 2012, concluded that “London School of Business & Finance is fulfilling its responsibilities for managing and enhancing the quality of the intended learning opportunities it provides for students”.<ref name="qaa.ac.uk"/>
The Review for Educational Oversight, published on 12 December 2012, concluded that “London School of Business & Finance is fulfilling its responsibilities for managing and enhancing the quality of the intended learning opportunities it provides for students”.<ref name="qaa.ac.uk"/>


Revision as of 14:01, 14 March 2013

Not to be confused with the London Business School or the London School of Economics
London School of Business and Finance
alt=The London School of Business and Finance logo
MottoShaping Success in Business and Finance
Established2003
TypePrivate business school
Rector and CEOProfessor Dr Maurits Van Rooijen
Vice-RectorProfessor James Kirkbride
PatronPrince Michael of Kent
ChairmanProfessor Alfred Morris
LocationLondon, United Kingdom
CampusesLondon, Birmingham, Manchester, Toronto, Singapore
Websitehttp://www.lsbf.org.uk

The London School of Business and Finance (informally LSBF) is a private for-profit[1] business school based in London, United Kingdom.[2] It offers Master's degree programmes in management, finance and marketing; bachelor degrees; executive and corporate training; and professional qualification training for the ACCA, CFA, CIM and CIMA qualifications. LSBF's programmes are currently validated by partner institutions including the University of Wales, the University of Bradford, the University of Central Lancashire, and Grenoble Graduate School of Business.

LSBF is based in Holborn, with two campuses in central London. In addition the school has campuses in Manchester and Birmingham, United Kingdom; Toronto, Canada; and Singapore. LSBF's teaching and education philosophy is based on offering students the opportunity to pursue both an academic degree and a professional qualification simultaneously.[3]

History

The main LSBF building in Holborn, London

The London School of Business and Finance was founded by Aaron Etingen in 2003.[4] It began as a provider of accountancy and finance programmes and training for professional qualifications such as ACCA and CIMA, later expanding to provide undergraduate and postgraduate degrees in partnership with other higher education institutions.

LSBF opened its first campus outside of the UK in Toronto, Canada, in February 2011.[5] In June 2011, LSBF opened an institute in Singapore, the first Asia-Pacific campus of a UK-based business school. At both international offices, the school provides accounting programmes and professional qualification training.[6][7]

In March 2010 LSBF launched an MBA that students may complete in as little as eight weekends.[8] To accomplish this, LSBF offers one of the eight required courses on campus each weekend, allowing students to acquire an MBA in a relatively short period of time compared to as long as two to three years at traditional institutions.

In October 2011, the British television channel BBC Three featured the LSBF School of English in a documentary about a group of young immigrants who went to the UK to realise their professional ambitions. One of the students was an LSBF student who enrolled for an English course to be prepared for an important job interview.[9]

In December 2011, Prince Michael of Kent chaired the inaugural lecture of a new series of annual business lectures in partnership with the Royal Society of Arts. The guest speaker was former Director-General of the CBI and former Minister of State for Trade & Investment, Lord Digby Jones.[10]

In December 2011, the comedian Jo Brand interviewed a group of LSBF business students at the LSBF's London campus as part of a programme which was broadcast on BBC4 in February 2012.[11]

In April 2012, LSBF formed a partnership with London Metropolitan University, as part of which a suite of new London Metropolitan University-validated undergraduate, postgraduate and professional programmes were delivered by LSBF at its UK campuses, for both UK and international students.In December 2012 this joint partnership was ended by mutual agreement, with both LSBF and London Metropolitan University issuing the following press release "Both parties have agreed that, although much had been achieved during this period, given the basis on which the partnership had begun, and the changes in the higher education market, it would be better for each institution to take independent paths." [12]

In August 2012 after a visit from the concerns team LSBF faced wide ranging criticism from the Quality Assurance Agency for Higher Education over its academic standards and quality of delivery. The report referred to a disputed agreement between the LSBF Group and the University of Wales, which has now ended.[13]

In October 2012, LSBF appointed Professor Dr Maurits Van Rooijen as its new CEO and Rector.

Partnership with Liverpool FC

In March 2013, LSBF teamed up with Liverpool Football Club, one of the best known British football teams, to launch a new education brand that will offer management and leadership training by teaching transferable skills from the football and the business worlds. [14]

It was the first time a Premier League club and a business school have joined forces to launch an educational institution. [15]The new programme will be branded ELITES – Education and Learning Initiative Training Entrepreneurs in Sport. [16] [17]

Campuses and locations

The LSBF building in New Court, central London

LSBF is based in Central London. In the United Kingdom it has offices in Holborn and New Court, London, Manchester and Birmingham. LSBF currently has international offices in Singapore and Toronto, Canada, which offer preparatory courses for the ACCA professional qualification as well as Executive and Corporate Training.[18]

LSBF has representative offices in Colombia, the Czech Republic, Hong Kong, India, Kazakhstan, Pakistan, Russia, Switzerland and the United Arab Emirates.[19]

Organisation and administration

Governance

In October 2012, LSBF appointed Professor Dr Maurits Van Rooijen as its new CEO and Rector to expand innovation and academic development. Prior to his appointment at LSBF, Prof Van Rooijen was Rector Magnificus and CEO of the triple-accredited Nyenrode Business University in the Netherlands. With a career spanning 25 years, Prof Van Rooijen is an economic historian with a PhD in Green Urbanisation from the University of Utrecht. He has held positions at several universities across the globe, including University of Leiden, Erasmus University Rotterdam, and University of Westminster.[20]

Professor James Kirkbride has been Vice-Rector of LSBF since September 2010 and Professor Alfred Morris has been Chairman of the Board of Governors since 2011. LSBF's patron is Prince Michael of Kent.[21][22]

Ownership

LSBF is a company limited by guarantee and part of the LSBF Group, which also includes the London College of Contemporary Arts (LCCA), the e-learning platform InterActive, Finance Business Training (FBT), School of Fashion and Design (SFDLondon), LSBF School of English and St Patrick’s College London.[23]

Academics

Programmes

LSBF collaborates with Grenoble Graduate School of Business to provide two year Master’s degree programmes including MBA, MSc in Finance, and Master of International Business (MIB) and MSc Fashion and Luxury Management in addition to one undergraduate degree, the Bachelor in International Business. The school also provides dual MBA programs, which combine an MBA degree with another program, such as ACCA, CFA or CIMA.[23]

LSBF offers a range of undergraduate, postgraduate and professional programmes, including MBA Global, MSc Finance & Investment, BSc Business Management and Diplomas in Accounting & Finance and Strategic & Financial Management.[24]

With the University Of Central Lancashire (UCLAN), LSBF delivers a range of undergraduate programmes including Bachelors in Business Administration, Bachelors in Accounting & Financial Studies and LLB Law.[25]

LSBF offers an LLM in International Business Law in association with Bradford University.[26]

LSBF is also certified by the ACCA for tuition for the Diploma in Financial Management[27]

Professor and Vice Rector, James Kirkbride, speaking at the LSBF 2011 Summer graduation ceremony

Online programmes

LSBF delivers a wide range of programmes through the e-learning platform InterActive. This includes MBA, MSc in Finance, MSc in Marketing, ACCA, CIMA, CFA and a range of over 20 online Postgraduate Certificates. Through InterActive, students have access to online classrooms, discussion forums and a range of resources including live and recorded video lectures, 24-hour technical support service, online library and Harvard Business School 'Case in Point' publications to support their learning activities.[28]

In 2010 LSBF developed two applications using the social media platform Facebook: The LSBF Prep Centre for ACCA, a comprehensive study resource for students of ACCA, and the LSBF Global MBA, the world's first Master’s degree that is delivered entirely on Facebook, in a ‘try before you buy’ manner. Both applications offer study material that is available for all to view, free of charge.[29]

Students of the LSBF Global MBA have an additional option to opt in for evaluation and pay for their qualification.

QAA assessment

QAA in September 2012, which concluded that LSBF has put in place measures to strengthen its quality management arrangements.[30] The Review for Educational Oversight, published on 12 December 2012, concluded that “London School of Business & Finance is fulfilling its responsibilities for managing and enhancing the quality of the intended learning opportunities it provides for students”.[30]

Scholarships and bursaries

LSBF's patron, Prince Michael of Kent, sponsors a scholarship scheme at the LSBF for students from emerging markets countries. LSBF's other scholarship programmes include a Corporate scholarship, with a focus on connecting students directly with corporate employers via the LSBF Corporate Division, and The Women in Business Scholarship, intended to help more females to become corporate leaders. There are also scholarships sponsored by LSBF's Principal and Vice Rector.

LSBF offers bursaries to Singaporean students who have completed the ACCA to pursue Master's degrees online, or in the UK.[31]

External lectures

David Blunkett, the former UK Home Secretary and Education Secretary, was appointed as a visiting lecturer at LSBF in 2011. Mr Blunkett’s first lecture, delivered at LSBF's London campus, focused on the key aspects of leadership, and the qualities needed to be an effective leader in both business and in politics.[32]

In December 2011, Prince Michael of Kent chaired the inaugural lecture of a new series of annual business lectures in partnership with the Royal Society of Arts. The guest speaker was former Director-General of the CBI and former Minister of State for Trade & Investment, Lord Digby Jones.[10]

See also

References

  1. ^ "Business, Innovation and Skills Committee - Twelfth Report: Government reform of Higher Education". London: UK House of Commons Select Committee (Business, Innovation and Skills Committee). 1 November 2011. Retrieved 15 February 2013.
  2. ^ Thompson, Martin (7 October 2010). "Private schools take on the public providers". London: The Independent. Retrieved 10 January 2012.
  3. ^ "About Us". London School of Business and Finance. Retrieved 8 April 2012.
  4. ^ Guttenplan, D.D. (28 November 2010). "Poking, Tagging and Now Landing an M.B.A." The New York Times. Retrieved 10 January 2012.
  5. ^ Mclaren, Diana (9 March 2011). "London School of Business and Finance opens Canadian campus". Globe and Mail. Toronto.
  6. ^ "Why Study With Us". London School of Business and Finance. Retrieved 8 April 2012.
  7. ^ "Dutch Education Will Have a Three-Pronged Approach". The New York Times. 10 July 2011.
  8. ^ http://www.thesundaytimes.co.uk/sto/incoming/article256500.ece |title=The MBA that takes only eight weekends |publisher=Sunday Times | date=2010-03-28 |accessdate=2013-01-21
  9. ^ "BBC Three - Young, Foreign and Over Here". Bbc.co.uk. 2011-11-21. Retrieved 2012-05-26.
  10. ^ a b "The Inaugural LSBF HRH Prince Michael of Kent Business Lecture: Fixing Britain". RSA Events. Retrieved 8 April 2012.
  11. ^ http://www.lsbf.org.uk/news-and-media/media-mentions.html
  12. ^ "Business school sheds staff and courses as visa rules bite". Times Higher Education. Retrieved 2012-12-28.
  13. ^ "Concerns about standards and quality in higher education: University of Wales, FBT and LSBF" (PDF). The Quality Assurance Agency for Higher Education. Retrieved 14 August 2012.
  14. ^ http://www.educationinvestor.co.uk/(X(1)A(3RWNbO5UzgEkAAAAZTk5MmE1ZDctMTg1YS00ZmJiLTg1ODUtZTA0MzE5ZDRlYjkybjxPF9dGMOdZXavP2L5de-cIBpU1)S(2i2bsg55k2q3fhvp032ihc45))/ShowArticleNews.aspx?ID=3220
  15. ^ http://www.liverpoolfc.com/news/latest-news/lfc-and-lsbf-join-forces
  16. ^ http://news.yahoo.com/liverpool-fc-london-school-business-finance-lsbf-join-105618517.html
  17. ^ http://thepienews.com/news/lsbf-launches-new-brand-with-liverpool-football-club/
  18. ^ http://www.lsbf.org.uk/campuses.html
  19. ^ "LSBF - Contact Us". LSBF - Contact Us. Retrieved 22 May 2011.
  20. ^ http://www.educationinvestor.co.uk/ShowArticle.aspx?ID=3027
  21. ^ "Charities & Organisations". HRH Prince Michael of Kent. Retrieved 8 April 2012.
  22. ^ "Our Royal Patron". London School of Business and Finance. Retrieved 8 April 2012.
  23. ^ a b http://www.lsbf.org.uk/news-and-media/news/fashion-design.html
  24. ^ http://www.lsbf.org.uk/school/partners/london-metropolitan-university.html
  25. ^ http://www.lsbf.org.uk/school/partners/uclan.html
  26. ^ http://www.lsbf.org.uk/school/partners/bradford-university.html
  27. ^ London School of Business and Finance - ACCA
  28. ^ http://www.lsbf.org.uk/programmes/masters/mba/mba-online.html
  29. ^ http://www.lsbf.org.uk/study_online/acca_online.html
  30. ^ a b http://www.qaa.ac.uk/InstitutionReports/Reports/Pages/REO-LSBF-12.aspx
  31. ^ "LSBF Scholarships". London School of Business and Finance. Retrieved 8 April 2012.
  32. ^ "David Blunkett: Electoral history and profile". London: The Guardian. Retrieved 8 April 2012.

51°31′04″N 0°06′39″W / 51.5179°N 0.1108°W / 51.5179; -0.1108

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