Hult International Business School

Last updated

Hult International Business School
HULT IBS Logo Outline Black (cropped).png
Former name
Arthur D. Little School of Management
MottoFor Those Made to Do [1]
Type Private business school
Established1964;60 years ago (1964)
President Matt Lilley
Academic staff
478 [2]
Students2,798 [3]
Undergraduates 1,266 [4]
Postgraduates 1,532
Campus
Affiliations (triple accreditation)
Website hult.edu

Hult International Business School (also known as Hult Business School or Hult) is a private business school with campuses in London, San Francisco, Dubai, New York City, and Cambridge, Massachusetts. [5] Hult is named for the school's benefactor Bertil Hult and is affiliated with the EF Education First Group. [6]

Contents

Hult is the successor of the Arthur D. Little School of Management, founded in 1964 in Cambridge, Massachusetts, and of the Ashridge Business School, founded in 1959 in Ashridge, England. [7] It offers undergraduate, master's, and MBA degree programs, as well as executive education through Hult Ashridge, housed on the Ashridge Estate campus. The school is also the patron of the Hult Prize, a student entrepreneur competition. [8]

History

American background

The Arthur D. Little School of Management was founded in 1964 by Arthur Dehon Little in Cambridge, Massachusetts. [9] Originally developed as an executive management education program, the school began to grant degrees after receiving full accreditation by the New England Association of Schools and Colleges in 1976. [10] [11] In 1996, the Arthur D. Little School of Management formed a partnership with Boston College's Carroll School of Management in order to share access to faculty and facilities. [12]

Hult Ashridge's executive education program, housed in Ashridge House, was ranked in the UK's top 10 programs in 2014. GOC Berkhamsted & Frithsden 047 Ashridge House, Little Gaddesden (27871282763).jpg
Hult Ashridge's executive education program, housed in Ashridge House, was ranked in the UK's top 10 programs in 2014.

British background

In 1929, Ashridge was formally established as the College of Citizenship with the backing of the Conservative Party. [14] In 1959, the college was re-established as a school of management under the name Ashridge Business School. [15]

Contemporary history

Hult's San Francisco campus is located in the North Beach neighborhood, by Telegraph Hill. Hult San Francisco Campus.jpg
Hult's San Francisco campus is located in the North Beach neighborhood, by Telegraph Hill.

In 2002 Arthur D. Little declared bankruptcy and the for-profit educational branch of the Washington Post, Kaplan Education, initiated the purchase of the Arthur D. Little School of Management (which had then changed its name to the Concord School of Management), [16] but subsequently decided against the plan. At the time, the school had 26 students. The same year, Swedish billionaire Bertil Hult purchased the Arthur D. Little School of Management, which resulted in the school's reorganization and reestablishment as Hult International Business School in 2003. [17]

Under its restructuring, Hult established a new curriculum oriented on international business, which led to the establishment of Hult's global campuses in Dubai (2008), San Francisco (2010), Shanghai (2011), and New York (2014). [18] [19]

In 2007, Hult acquired Huron University in London, a private American university located in London's Bloomsbury neighborhood, which subsequently was reestablished as Hult International Business School's London campus. [20]

In 2014, Hult International Business School acquired and merged with Ashridge Business School, creating one of the largest business schools in the world. [21] After 2015, the two schools began operating as a singular entity, with the establishment of Ashridge Executive Education as Hult's executive program. [22]

Hult opened its undergraduate campus in London, near the City of London financial centre, in 2014. [23]

The Economist Intelligence Unit, supported by Hult International Business School, launched the Business Professor of the Year Award in 2012. [24] [25]

By 2014 Hult had become the world's largest graduate business school by enrollment. [26]

Campuses

Hult campus in Dubai. Hult Campus Dubai.jpg
Hult campus in Dubai.

Hult maintains 7 campuses across 3 countries and serves approximately 3,000 students: [27] two undergraduate and postgraduate campuses (London and Boston), three postgraduate campuses that serve as summer rotational campuses (San Francisco, Shanghai and Dubai) one solely postgraduate campuses (New York City), and one executive education campus (Ashridge Estate in Hertfordshire, United Kingdom). Students are encouraged to rotate between campuses during their programs.

The Hult London Undergraduate Campus, built by British firm Sergison Bates Architects, won the Royal Institute of British Architects National Award in 2015. [28] [29]

Academics

Hult's London postgraduate campus is located in the Bloomsbury district. Hult Postgraduate Campus - London.jpg
Hult's London postgraduate campus is located in the Bloomsbury district.
Business School Rankings [30] [ citation needed ]
School Rankings
Financial Times Global Ranking54
Bloomberg Global Ranking100
MBA Rankings
Forbes International 1-year MBAs17
Bloomberg International MBAs58
The Economist MBA37
The Economist Executive MBA53
Financial Times MBA99
Financial Times Executive MBAs89
Master of Intl. Business Rankings
The Economist Global Ranking17
Times Higher Education Global19
Business School
International Rankings
U.S. MBA Ranking
Bloomberg (2024) [31] 60

Hult conducts business and market research out of its global research centers. [32] [33]

Hult International Business School has an acceptance rate of 28%. [34] It has over 19,000 alumni in over 156 countries. [35]

The Carnegie Classification of Institutions of Higher Education classifies Hult as a More Selective Institution. [3]

Rankings

Hult's Master of International Business program was ranked #17 in The Economist's ranking of Masters in Management programs worldwide in 2019.

In 2020, Hult's Ashridge Executive Education was ranked #16 in the Financial Times Executive Education Top 50 Schools list. [36]

In 2022, Hult's Executive MBA was ranked among the top 100 in the world in the QS International Trade Rankings. [37]

EY Tech MBA by Hult

On 1 July 2020, Hult and Ernst & Young (EY) announced the EY Tech MBA by Hult, consisting of online learning, practical experiences, insight papers and a capstone project. This MBA is now offered by EY free to all its people, regardless of rank or location and can be done over any duration. The curriculum is updated every four months. [38]

Hult Prize

The Hult Prize is hosted in cooperation with the United Nations Foundation and the Clinton Initiative. Hult Prize Foundation.png
The Hult Prize is hosted in cooperation with the United Nations Foundation and the Clinton Initiative.

Hult International Business School is the lead sponsor of the Hult Prize (formerly Hult Global Case Challenge), an annual international case competition launched in 2010 that asks students to find solutions to global social challenges. [39] The Prize is a partnership between Hult International Business School, the Clinton Global Initiative, and the United Nations Foundation. [40]

The best teams from each regional event advance to a global final, at which a single winning team is chosen. Bertil Hult provides a $1 million cash grant to help fund the winning solution. [41] [42]

Notable alumni

See also

Related Research Articles

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<span class="mw-page-title-main">EF Education First</span> International education company

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Hixonia Nyasulu is a South African businesswoman and executive, serves as Chairwoman of Sasol, the largest company in South Africa and on the boards of Unilever and JPMorgan Chase, among others. She formerly served as the Director of Anglo American Platinum, the largest platinum producer in the world.

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<span class="mw-page-title-main">Campuses of Hult International Business School</span>

The Campuses of Hult International Business School, a private business school, are located in Boston, London, San Francisco, Dubai, New York City, and Shanghai.

Stephen Hodges is an educator who was President of Hult International Business School and also Chairman of the Hult Prize. He was President of Hult International Business School from 2006-2022. Under his leadership Hult grew into a leading global business school known for its innovation. Today, Hult has campuses around the world, over 5,000 degree students, over 6,000 executive students annually and is consistently ranked in the top 50 business schools in the world. In 2018 Hult became the only triple-accredited US business school.

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42°22′10″N71°04′25″W / 42.36944°N 71.07361°W / 42.36944; -71.07361