Lancaster continues meteoric rise up global rankings
The latest global ranking of the world’s leading business schools, published by the Financial Times on Monday 24th January 2005, confirms Lancaster University Management School’s (LUMS) position as one of the UK’s top 3 schools, and amongst the world’s top 40. Only one business school in the world can beat Lancaster’s meteoric rise over two years up to 39th in the world, and 3rd in the UK.
Dean of LUMS Professor Sue Cox said:” The investment in exceptional international faculty and new facilities here at Lancaster during the past few years has been tremendous, and the new FT ranking is a welcome but not surprising confirmation of the quality of this outstanding school. Our academic leadership in international research has been known for more than a decade, reflected by our 6-star rating in the UK. Now our MBA ranking reflects that existing reputation. We can expect to build on this achievement in the future. Coming within days of the opening of our new £10m Lancaster Leadership Centre makes this a memorable month for us. Our alumni, students and colleagues can all feel tremendously proud of what they have achieved.”
The FT’s MBA 2005 ranking is global in scope, and contains schools from most of the world’s major economies, both developed and developing. Lancaster is in a cluster in the new ranking of other leading European business schools such as HEC Paris, Esade (Spain) and SDA Bocconi (Italy), and ahead of Warwick and Manchester Business Schools.
LUMS’ investment in world class faculty has been underway for several years. Recent arrivals include Professors Cary Cooper and Margaret Hogg (both formerly at Manchester), David Peel (formerly Cardiff) and Pradeep Yadav (formerly Strathclyde).
Particular strengths of the Lancaster MBA programme shown by the new ranking include:
Ø Alumni career progression (4th in the world)
Ø % salary increase ( 7th in Europe)
Ø Value for money of the programme (15th in world)
Ø International experience gained by students while on the MBA programme (16th in world)
Other strengths of the wider School include its PhD programme, which is ranked 9th in the world, continuing a tradition of being in the world’s top 10 doctoral programmes.
FT Rankings 2005 (main table)