London School of Business and Finance
Type | Private business school |
---|---|
Established | 2003 |
Rector | Maurits van Rooijen |
Location | , UK 51°30′31″N 0°04′42″W / 51.5085°N 0.0782°W |
Campus | Urban |
Owner | Global University Systems |
Website | lsbf.org.uk lsbf.edu.sg |
The London School of Business and Finance (informally LSBF) is a private business school in the United Kingdom, owned by the for-profit education corporate group Global University Systems. It was founded in 2003 by the entrepreneur Aaron Etingen. By 2015 it had become one of England's largest private colleges.[1]
The school's main base is in London, with sites in
History
The London School of Business and Finance was founded in 2003 by the British entrepreneur, Aaron Etingen (also known as Arkady Etingen).
In March 2010 LSBF launched an MBA (at the time externally validated and awarded by the
According to
Over the years LSBF's degrees have been awarded and validated by a number of UK and European universities. However, by 2014 it had lost all its degree-validating UK university partners, retaining only the European-based
LSBF's parent company Global University Systems had acquired London's University of Law in June 2015 and a few months later announced plans for a two-year restructuring process of the LSBF Group set to begin in mid-2016. According to John Cox, director of organisational development at GUS, the plan involves LSBF coming under a new vocational entity offering only diploma courses, short courses and corporate training products. The vocational courses delivered by St Patrick's College and the Birmingham-based Finance Business Training (also owned by GUS) would also come under this division. The University of Law would become sole provider of academic qualifications and professional qualifications, including the master's degrees previously offered by the LSBF Group. However, as of 2019 LSBF was still offering master's degrees awarded by the International Telematic University and Geneva Business School. There were no programmes provided or validated by the University of Law.[21][22][23]
Campuses and locations
LSBF is based in central London with sites in Tower Hill and Holborn. The head office and main campus is at Sceptre Court in Tower Hill. The school also has an international branch in Singapore. The main campus and headquarters of LSBF Singapore are located in the GB Building in the central business district of Singapore, with further classrooms in nearby Cecil Street.[18][24]
Organization and administration
Ownership
LSBF and the institutions of the LSBF Group are owned by Global University Systems (GUS), a private limited company registered in The Netherlands.[25] GUS also owns St Patrick's College, London, University Canada West, GISMA Business School in Germany, and London's University of Law as well as the e-learning company InterActive Pro and several other educational brands.[26]
Governance
LSBF's patron is Prince Michael of Kent.[30]
Academics
Programmes
LSBF does not have degree-awarding or diploma awarding powers in the UK. All degree-level programmes offered at the London campuses are validated and awarded by external institutions.
The Singapore branch is registered with the Singapore government's Committee for Private Education and offers its own diplomas in various areas of business and finance as well as several undergraduate and post-graduate degrees delivered and validated by external institutions which include the University of Greenwich and Concordia University Chicago. The Belt and Road Multi-Cultural Studies Centre, which opened at LSBF Singapore in 2017, offers additional undergraduate degrees in Chinese language and literature and Chinese business studies delivered and awarded by the Overseas Education College of Xiamen University. Like its London counterpart, LSBF Singapore also offers language and executive education courses and preparation for the ACCA examinations.[33][34]
QAA assessments
LSBF and its associated Financial and Business Training division underwent an investigation and subsequent reviews in 2012 by the UK's Quality Assurance Agency for Higher Education (QAA) amid concerns about student recruitment and completion rates on programmes which at the time were validated by the University of Wales.[35][36][37] The initial investigation made a number of recommendations for improvements including that LSBF draw up and submit an action plan to address the issues identified.[38]
LSBF's last assessment by the QAA took place in March 2015 and concluded that:[18]
- The maintenance of the academic standards of awards offered on behalf of external degree-awarding bodies and other awarding organisations met UK expectations
- The quality of student learning opportunities did not meet UK expectations for Higher National provision but met UK expectations for all other provision
- The enhancement of student learning opportunities did not meet UK expectations.
- The quality of the information about learning opportunities required improvement to meet UK expectations.
In October 2017 the QAA assessment was updated: the quality of information produced about its provision and the enhancement of student learning opportunities were both changed to ‘meets UK expectations’.[39]
The school is no longer reviewed by the QAA because it no longer offers degrees or higher education programmes validated by UK institutions.[40]
External lectures
Former UK Home Secretary and Education Secretary David Blunkett, has conducted interviews with business and political leaders such as a Richard Branson, Deborah Meaden, Sir John Major, and Tony Blair for LSBF's "Great Minds" video series, which began in 2011. Blunkett has also been a part-time lecturer at LSBF.[41][42][43][44] In December 2011,
See also
References
- ^ a b Morgan, John (3 September 2015). "LSBF licence to sponsor overseas students suspended". Times Higher Education. Retrieved 5 May 2016.
- ^ a b Quality Assurance Agency for Higher Education. London School of Business and Finance London School of Business and Finance. Retrieved 5 May 2016.
- ^ a b c Malik, Shiv; McGettigan, Andrew; Domokos, John (30 May 2014), "Lecturers claim private college puts profits first". The Guardian. Retrieved 5 May 2016.
- ^ Huggins, Donata ( 29 October 2010). "A man schooled for big business". City A.M.. Retrieved 5 May 2016.
- ^ New York Times. Retrieved 9 May 2016.
- ^ Anderson, Linda (21 June 2010). "Case study: LSBF". Financial Times. Retrieved 5 May 2016.
- Sunday Times. Retrieved 5 May 2016 (subscription required for full access).
- ^ Mclaren, Diana (9 March 2011). "London School of Business and Finance opens Canadian campus". The Globe and Mail. Retrieved 9 May 2016.
- Straits Times. Retrieved 5 May 2016.
- ^ Matthews, David (31 October 2013). "Private college hit by 'restraining order' and fine". Times Higher Education. Retrieved 9 May 2016.
- archive.org. For the original version of the site prior to the April 2013 restraining order, see the version of 7 March 2013archived by archive.org.
- ^ Wayback Machine (2018). lsbf.ca. Retrieved 18 January 2019.
- ^ Toronto School of Management (16 October 2017). "Toronto School of Management Launches With Five Professional Development Programs". PR Newswire. Retrieved 17 January 2019.
- ^ Morgan, John (2 July 2014). "Director of education wins claim against former owner of St Patrick's College for unfair dismissal". Times Higher Education. Retrieved 5 May 2016.
- ^ EducationInvestor (8 May 2012). "New partner for LSBF". Retrieved 5 May 2016.
- ^ The Queen's Awards Office. Press Book: Queen's Award for Enterprise 2012. Retrieved 9 May 2016.
- ^ Matthews, David (20 February 2014 "UK university partners end ties to LSBF". Times Higher Education. Retrieved 9 May 2016.
- ^ a b c d Quality Assurance Agency for Higher Education. (March 2015). Higher Education Review of London School of Business & Finance". Retrieved 31 January 2019.
- ^ Parr, Chris (27 June 2014). "Private college singled out by immigration minister hits back". Times Higher Education. Retrieved 9 May 2016.
- ^ a b Burns, Judith (5 February 2016). "Foreign students must leave UK as college loses licence". BBC News. Retrieved 9 May 2016.
- ^ Morgan, John (2 June 2015). "University of Law sold to Global University Systems". Times Higher Education. Retrieved 21 July 2015.
- ^ Custer, Sara (25 September 2015). "Global University Systems to restructure". The Pie (Professionals in International Education). Retrieved 5 May 2016.
- ^ London School of Business and Finance (2018). Postgraduate Programmes. Retrieved 27 April 2018.
- ^ LSBF Singapore. "Contact Us". Retrieved 31 January 2019.
- ^ Morgan, John (17 April 2014)."Private college goes Dutch but says profits are taxed in UK". Times Higher Education. Retrieved 5 May 2016.
- ^ Lyons, Tom (23 December 2013). "Ibat college in deal with private education provider Global University Systems". The Irish Times. Retrieved 5 May 2016.
- ^ EducationInvestor (11 July 2012). "LSBF appoints new chief executive". Retrieved 5 May 2016.
- ^ Global University Systems. The Team. Retrieved 5 May 2016.
- ^ London School of Business and Finance (24 April 2017). "Rathakrishnan Govind appointed London School of Business and Finance's Global CEO". Retrieved. 28 January 2019.
- ^ HRH Prince Michael of Kent (official website). Charities & Organisations. Retrieved 5 May 2016.
- ^ London School of Business and Finance. Programmes. Retrieved 18 January 2019.
- ^ British Accreditation Council. London School of Business & Finance – Executive Education Archived 2017-04-27 at the Wayback Machine. Retrieved 12 May 2017.
- ^ Committee for Private Education. "London School of Business and Finance. Registration No. 201008079C". Retrieved 28 January 2019.
- ^ London School of Business and Finance Singapore. Programmes. Retrieved 28 January 2019.
- ^ Grove Jack (16 August 2012). "Hypnotic suggestion: you must do better". Times Higher Education. Retrieved 5 May 2016.
- ^ Quality Assurance Agency for Higher Education (September 2012). "London School of Business & Finance: Review for Educational Oversight". Retrieved 18 January 2018.
- ^ Quality Assurance Agency for Higher Education (November 2012). "Finance and Business Training Ltd: Review for Educational Oversight". Retrieved 18 January 2018.
- ^ Quality Assurance Agency for Higher Education (June 2012). "Concerns about standards and quality in higher education: The University of Wales and Finance and Business Training Ltd and the London School of Business and Finance (UK) Ltd". Retrieved 18 January 2018.
- ^ "London School of Business and Finance Important Notes". QAA. 11 October 2017. Retrieved 11 August 2020.
- ^ Quality Assurance Agency for Higher Education. Quality assurance reports: London School of Business and Finance. Retrieved 16 January 2019.
- Daily Telegraph. Archived from the originalon 5 June 2013. Retrieved 9 May 2016.
- Daily Telegraph. Archived from the originalon 25 October 2014. Retrieved 9 May 2016.
- ^ Davis, Anna (7 July 2014). "John Major: use education to fight poverty". Evening Standard. Retrieved 9 May 2016.
- ^ Cunnane, Sarah (29 April 2012). "Universities are central to economy, but cannot stand still, Blair says" Times Higher Education. Retrieved 9 May 2016.
- ^ "The Inaugural LSBF HRH Prince Michael of Kent Business Lecture: Fixing Britain". RSA Events. Retrieved 9 May 2016.
External links
- Official website
- UK House of Commons Select Committee on Business, Innovation and Skills (1 November 2011). Business, Innovation and Skills Committee - Twelfth Report: Government reform of Higher Education