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London School of Business and Finance

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Not to be confused with the London Business School, a constituent college of the University of London.
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
Vice-RectorProfessor James Kirkbride
PatronPrince Michael of Kent
ChairmanProfessor Alfred Morris
StudentsApproximately 20,000
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 business school based in London, United Kingdom. It offers Master's degrees 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 London Metropolitan University, Grenoble Graduate School of Business, the University of Bradford and University of Central Lancashire.

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.

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.

History

The London School of Business and Finance was founded by Aaron Etingen in 2003. It began as a provider of accountancy and finance programmes and training for professional qualifications such as ACCA and CIMA. Over the years, the school has expanded to provide undergraduate and postgraduate degrees in partnership with other higher education institutions.

At the end of 2010, LSBF launched the LSBF Global MBA, a Facebook app which offers hundreds of hours of free study resources available to all users, including 80 hours of high definition video content. By launching the app, LSBF became the first educational institution to introduce the “try before you buy” approach, reducing the barriers surrounding traditional postgraduate study.

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

The school has also partnerships with Shanghai University and with the India-based education provider CL Educate.

In 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 will be delivered by LSBF at its UK campuses, for both UK and international students.

Campuses and locations

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

LSBF has signed a partnership agreement with a Chinese university which will see the formation of a new institute, the Shanghai-London School of Business and Finance.Shanghai-London School of Business and Finance

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

Buildings

  • LSBF builidng in Holborn, London LSBF builidng in Holborn, London
  • LSBF building in New Court, London LSBF building in New Court, London
  • LSBF building in Birmingham, England LSBF building in Birmingham, England
  • Churchgate House in Oxford Street, Manchester, England Churchgate House in Oxford Street, Manchester, England
  • LSBF building in Toronto, Canada LSBF building in Toronto, Canada
  • LSBF building in Singapore LSBF building in Singapore

Academics

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

In partnership with other higher education institutions, including London Metropolitan University, Grenoble Graduate School of Business, University of Bradford and University of Central Lancashire, LSBF delivers a wide range of professional, undergraduate and professional programmes.

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.

In partnership with the London Metropolitan University, 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.

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.

In association with Bradford University, LSBF offers the LLM in International Business Law.

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

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.

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.

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

Rankings

In June 2011, the Grenoble Graduate School of Business MSc in Finance programme offered at LSBF was ranked 6th in the world by the Financial Times.

GGSB Bachelors in International Business (BIB), delivered at LSBF's London campus and GGSB's campus in Grenoble, has been ranked 5th best in France by the newspaper Le Figaro.

GGSB’s Masters in International Business (MIB) has been ranked the 9th best worldwide by the Financial Times.

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.

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.

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 (RSA). The guest speaker was former Director-General of the CBI and former Minister of State for Trade & Investment, Lord Digby Jones.

Ownership

LSBF is owned by 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.

In the media

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.

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.

In March 2012, LSBF's Global MBA was mentioned in The Guardian.

LSBF Group Managing Director, Valery Kisilevsky was interviewed by Bloomberg Business Week on LSBF's job guarantee programme, the 360° Programme.

LSBF Canada Manager Director, Yuliya Etingen has been interviewed by the Brazilian newspaper Valor Economico, discussing future ventures and LSBF programmes for the Brazilian market (published in Portuguese).

LSBF's 360° Programme, with its Graduate Guarantee, has been featured in the Times Higher Education as well as several national and international newspapers including the Evening Standard, London's Metro, HR Magazine and the Wall Street Journal.

In 2011 the German newspaper Die Welt published an article about the benefits of studying at LSBF as an international student, following a visit to LSBF's London campus.

Controversies

The LSBF has recently been accused of systematically exploiting its own students and staff. Many teachers have openly stated that they have been illegally employeed at 'self-employed' status, meaning that they have been paid without the statutory deductions made for tax and National Insurance. The HMRC is currently investigating this matter. Moreover, the LSBF has often paid salaries late, and teachers who have left the college report not being paid the salary that they were due. Furthermore, many students who have not been able to obtain visas, after first having paid a deposit (or full fees) to the college, have reported great problems in obtaining the refunds that they are entitled to. Other students have reported overcrowded classrooms and over-enrolled courses, and once again, such dissatisfied students have been unable to obtain the reimbursements that they are legally due.

See also

References

  1. Thompson, Martin (7 October 2010). "Private schools take on the public providers". London: The Independent. Retrieved 10 January 2012.
  2. "About Us". London School of Business and Finance. Retrieved 8 April 2012.
  3. "Charities & Organisations". HRH Prince Michael of Kent. Retrieved 8 April 2012.
  4. "Our Royal Patron". London School of Business and Finance. Retrieved 8 April 2012.
  5. Guttenplan, D.D. (28 November 2010). "Poking, Tagging and Now Landing an M.B.A." The New York Times. Retrieved 10 January 2012.
  6. http://www.facebook.com/LSBFGlobalMBA
  7. Mclaren, Diana (9 March 2011). "London School of Business and Finance opens Canadian campus". Globe and Mail. Toronto.
  8. "Why Study With Us". London School of Business and Finance. Retrieved 8 April 2012.
  9. http://www.nytimes.com/2011/07/11/world/europe/11iht-educbriefs11.html?_r=1&scp=1&sq=London%20School%20of%20Business%20and%20Finance&st=cse
  10. ^ http://www.lsbf.org.uk/school/partners/london-metropolitan-university.html
  11. http://www.lsbf.org.uk/campuses.html
  12. "LSBF - Contact Us". LSBF - Contact Us. Retrieved 22 May 2011.
  13. ^ http://www.lsbf.org.uk/news-and-media/news/fashion-design.html
  14. http://www.lsbf.org.uk/school/partners/uclan.html
  15. http://www.lsbf.org.uk/school/partners/bradford-university.html
  16. London School of Business and Finance - ACCA
  17. http://www.lsbf.org.uk/programmes/masters/mba/mba-online.html
  18. http://www.lsbf.org.uk/study_online/acca_online.html
  19. "Masters in Finance Pre-experience 2011". Financial Times. June 2011. Retrieved 8 April 2012.
  20. "LSBF Scholarships". London School of Business and Finance. Retrieved 8 April 2012.
  21. "David Blunkett: Electoral history and profile". The Guardian. Retrieved 8 April 2012.
  22. "The Inaugural LSBF HRH Prince Michael of Kent Business Lecture: Fixing Britain". RSA Events. Retrieved 8 April 2012.
  23. "BBC Three - Young, Foreign and Over Here". Bbc.co.uk. 2011-11-21. Retrieved 2012-05-26.
  24. http://www.lsbf.org.uk/news-and-media/media-mentions.html
  25. http://www.guardian.co.uk/higher-education-network/blog/2012/mar/21/disruptive-technology-in-he?CMP
  26. http://www.businessweek.com/bschools/blogs/mba_admissions/archives/2011/09/london_b-school_offers_job_guarantee.html
  27. http://www.valor.com.br/carreira/1015582/brasil-e-o-mercado-da-vez-para-mbas-de-todos-os-tamanhos
  28. http://www.timeshighereducation.co.uk/story.asp?sectioncode=26&storycode=417229
  29. http://www.welt.de/print/die_welt/finanzen/article13529434/Das-Geschaeft-der-Business-Schools.html
  30. http://forums.eslcafe.com/job/viewtopic.php?t=96979
  31. http://www.adviceforyou.org.uk/blog/college-complaints/london-school-of-business-and-finance-refund-issues/

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