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Imperial College Business School, a division of Imperial College London in England, was opened by Queen Elizabeth II. The business school cultivates innovative thinking and responsible leadership, preparing its students to drive global impact.

History

In 1851, the Great Exhibition was the first World's Fair, organised by Prince Albert, husband of Queen Victoria. The proceeds from this event were used to establish museums and royal colleges in South Kensington, to become a centre for science, culture, and industry.[1]

In 1907, Imperial College London was established by Royal Charter, which unified the Royal College of Science, Royal School of Mines, and City and Guilds of London Institute into one university.

In 1909, King Edward VII laid the foundation stone for the Royal School of Mines building, which is part of the present-day Business School facilities.

In 1955, Imperial's first MSc in Production Engineering and Management was launched at 14 Prince's Gate.[2] In 1961, Imperial launches an MSc in Operational Research and Management Studies. In 1964, executive education short courses were launched in Operational Research.

Imperial College Business School

In 1965, Imperial College London and the London School of Economics co-sponsor the founding of the London Business School.[2]

In 1971, a Department of Management Science was created.[3] In 1978, the Department of Social & Economic Studies was formed.

In 1987, the Departments of Management Science and Department of Social & Economic Studies merged to form a Management School at 53 Prince's Gate.

In 1989, an Executive MBA was launched.[4] In 2001, an Entrepreneurship Centre was established. In 2002, a Distance Learning MBA was formed. In 2003, an Innovation and Entrepreneurial group was established.

In 2003, Imperial College London elevated business to its fourth faculty, alongside science, engineering, and medicine.

Royal School of Mines

In 2004, Queen Elizabeth II opened Imperial College's Tanaka Business School.[4][5]

In 2008, the business school drops the Tanaka name and becomes Imperial College Business School.[6]

In 2021, Imperial's White City Campus was opened.

Campus

The business school is on Imperial College London's main campus in South Kensington. Its modern glass architecture drew its inspiration from the Crystal Palace of the Great Exhibition, reflecting the college's historical origins. Designed by Sir Norman Foster & Partners, the landmark building was opened by Queen Elizabeth II and incorporates the 19th-century vaults of the Royal School of Mines.

The business school has additional facilities on Imperial College London's White City campus, which serves as an innovation and entrepreneurship ecosystem for collaboration between students, faculty, entrepreneurs, and industry. Included on the White City campus is the Scale Space, set up as a community to help innovative companies accelerate growth. Located there are Imperial's Translation and Innovation Hub, Imperial's White City Incubator, Invention Rooms, and a Hackspace for manufacturing equipment and training.[7]

Academics

Translation & Innovation Hub

The business school offers undergraduate and postgraduate education, including a Master of Business Administration (MBA), Master's degrees, Doctorate of Philosophy (PhD), as well as executive education.[8]

The business school is focused by five themes:

  • Digital Transformation: How technologies are transforming business and society
  • Entrepreneurship: How to thrive in dynamic and uncertain environments
  • Healthcare Policy & Management: Policy and practice to improve health and wellbeing
  • Finance & Institutional Resilience: Helping build more resilient business and a stronger global economy
  • Sustainability & Climate Change: Inclusive and responsible business models for sustainable growth

Research

Imperial operates the following research centres:

  • Brevan Howard Centre for Financial Analysis
  • Centre for Climate Finance & Investment
  • Centre for Digital Transformation
  • Centre for Financial Technology
  • Centre for Health Economics & Policy Innovation
  • Centre for Responsible Leadership
  • Gandhi Centre for Inclusive Innovation
  • Imperial Business Design Studio
  • Leonardo Centre on Business for Society

Rankings and reputation

Imperial College London is considered to be one of the UK’s elite universities.[13][14] In 2025, the QS World University Rankings ranked Imperial 2nd in the world, behind MIT, equaling its highest ever ranking.[15] Similarly, Times Higher Education World University Rankings ranked Imperial 8th in the world and 3rd in Europe.[16]

Imperial College London has an entrepreneurial culture which integrates business with science. This is supported by some of the UK's best-resourced entrepreneurial facilities, and the largest entrepreneurial mentoring system in the country, inspired by MIT's model. The university's Enterprise Lab has a 79 per cent survival rate for startups.[17]

According to the government's 2021 Research Excellence Framework, Imperial was ranked 2nd in the UK for research in 'business and management', with 97% of the research classified as either 'world-leading' or 'internationally excellent'.[18][19]

The 2024 QS rankings placed Imperial's MBA programme 9th in Europe, and the Financial Times ranked it 10th in Europe.[20][21] Additionally, the 2023 QS rankings placed Imperial's MBA programme as 3rd in the world for career specialisation in entrepreneurship.[22]

In 2024, QS ranked Imperial's masters programmes as follows: marketing 4th in the world,[23] business analytics 6th in the world,[24] finance 13th in the world,[25] and management 14th in the world.[26] The Financial Times also ranked Imperial's masters in finance 15th in the world.[27]

Imperial also has a reputation for its graduates high employability. In 2024, Imperial was ranked 1st in the UK for highly skilled employment or further studies by the Complete University Guide, the Guardian University Guide, and the Times Good University Guide.[28][29][30] An analysis of 2021 salary data from the Higher Education Statistics Agency found that Imperial graduates earned the highest median salaries across all subjects among UK universities.[31]

People

View from the main entrance. Across the street is the Brevan Howard Centre for Financial Analysis.

Directors and deans

*Interim

Notable academic staff

  • Franklin Allen, Professor of Finance, Executive Director of the Brevan Howard Centre for Financial Analysis (2014–present)
  • Patrick Bolton, Professor of Finance, Research Director of the Centre for Climate Finance & Investment (2023–24)
  • David Miles, CBE, Professor of Financial Economics
  • William Perraudin, Economist (former Chair in Finance, now adjunct professor)
  • Carol Propper, CBE, FBA, Chair in Economics
  • Tommaso Valletti, Chair in Economics, Chief Competition Economist of the European Commission (2016–2019)
  • George Yip, Emeritus Professor of Marketing and Strategy

References

  1. ^ "History of Imperial College Business School". Imperial College London.
  2. ^ a b "A History of Management Science at Imperial College (1955-1989)" (PDF). Pubsonline.informs.org. Retrieved 30 July 2016.
  3. ^ Gay, Hannah (2007). The History of Imperial College London, 1907-2007: Higher Education and Research in Science, Technology and Medicine. World Scientific. p. 578. ISBN 9781860947094.
  4. ^ a b Gay, p 580
  5. ^ Wheatcroft, Patience (25 June 2004). "One learns a lot at Imperial College". The Times (London).
  6. ^ Bradshaw, Della (20 August 2008). "Imperial drops Tanaka name". Financial Times. Retrieved 4 January 2023.
  7. ^ "White City Campus | Imperial College Business School". www.imperial.ac.uk. Retrieved 28 March 2024.
  8. ^ "Imperial 2023 Course Offerings". Imperial College London. Retrieved 22 September 2022.
  9. ^ "QS Europe MBA Rankings 2023". Quacquarelli Symonds.
  10. ^ "Global MBA Ranking 2022". Financial Times.
  11. ^ "QS Global MBA Rankings 2023". Quacquarelli Symonds.
  12. ^ "Global MBA Ranking 2023". Financial Times.
  13. ^ M. Finn (20 February 2015). The Gove Legacy: Education in Britain after the Coalition. Springer. p. 100.
  14. ^ Claire Maxwell; Ulrike Deppe; Heinz-Hermann Krüger; Werner Helsper (26 September 2017). Elite Education and Internationalisation: From the Early Years to Higher Education. Springer. p. 85.
  15. ^ "QS World University Rankings 2025". Top Universities. 23 June 2024. Retrieved 3 July 2024.
  16. ^ "World University Rankings". Times Higher Education (THE). 25 September 2023. Retrieved 8 July 2024.
  17. ^ Hall, Rachel (24 September 2022). "Imperial College London: inside the university that is in the business of studying". The Guardian. ISSN 0261-3077. Retrieved 8 July 2024.
  18. ^ "REF 2021: Business and management studies". Times Higher Education (THE). 12 May 2022. Retrieved 5 July 2024.
  19. ^ "Imperial overall scores by UoA". Imperial College London. Retrieved 5 July 2024.
  20. ^ "QS Global MBA Rankings 2024: Europe". Top Universities. 23 June 2024. Retrieved 5 July 2024.
  21. ^ "MBA 2024 - Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved 5 July 2024.
  22. ^ "QS MBA by Career Specialisation Rankings 2023: Entrepreneurship". TopMBA.com. 8 May 2024. Retrieved 5 July 2024.
  23. ^ "QS Business Master's Rankings 2024: Finance". Top Universities. 23 June 2024. Retrieved 3 July 2024.
  24. ^ "QS Business Master's Rankings 2024: Business Analytics". Top Universities. 23 June 2024. Retrieved 3 July 2024.
  25. ^ "QS Business Master's Rankings 2024: Finance". Top Universities. 23 June 2024. Retrieved 3 July 2024.
  26. ^ "QS Business Master's Rankings 2024: Management". Top Universities. 23 June 2024. Retrieved 3 July 2024.
  27. ^ "Masters in Finance pre-experience 2023 - Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved 3 July 2024.
  28. ^ "You're hired! Imperial grads are the most likely to get good job offers in the whole UK". The Tab. 7 June 2023. Retrieved 17 March 2024.
  29. ^ "The Guardian University Guide 2024 – the rankings". The Guardian. Retrieved 16 March 2024.
  30. ^ szadmin (13 September 2013). "The Times and The Sunday Times Good University Guide: New recruits are not job ready according to survey". News UK. Retrieved 16 March 2024.
  31. ^ "UK Graduate Salaries 2021 – Highest Paid Graduates by UK University Ranking 2021 – UACU UK". 18 September 2021. Retrieved 17 March 2024.

External links

51°29′57″N 0°10′29″W / 51.4992°N 0.1748°W / 51.4992; -0.1748

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