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Hult International Business School

Topic: Organization

 From HandWiki - Reading time: 10 min
Short description: Business school
Hult
HULT IBS Logo Outline Black (cropped).png
Former name
Arthur D. Little School of Management
MottoFor Those Made to Do[1]
TypePrivate business school
Established1964; 60 years ago (1964)
PresidentDr. Matt Lilley
Academic staff
478[2]
Students2,798[3]
Undergraduates1,266[4]
Postgraduates1,532
CampusCambridge, USA,
London, UK,
San Francisco ,
Dubai, UAE,
New York City ,
Ashridge, UK
AffiliationsAMBA,
AACSB,
EQUIS
Websitewww.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]

Hult offers undergraduate, master's, and MBA degree programs, as well as executive education through Hult Ashridge, housed on the Ashridge Estate campus.

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]

The school is patron to 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.[13]

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]

Arthur D. Little Consulting Bankruptcy and Sale of Arthur D. Little School of Management to Bertil Hult

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.

International Expansion

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).[17][18]

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.[19]

In 2014, Hult International Business School acquired and merged with Ashridge Business School, creating one of the largest business schools in the world.[20] After 2015, the two schools began operating as a singular entity, with the establishment of Ashridge Executive Education as Hult's executive program.[21]

Hult opened its undergraduate campus in London, near the City of London financial centre, in 2014.[22]

The Economist Intelligence Unit, supported by Hult International Business School, launched the Business Professor of the Year Award in 2012.[23][24]

By 2014 Hult had become the world's largest graduate business school by enrollment, allegedly due in large part to an aggressive recruitment program led by Hult recruiters initiating cold calls to TOEFL and GMAT candidates. In response to a 2018 article about the school's alleged recruitment process, the school's chief marketing officer said that “It sounds like a disgruntled former employee has shared some doubts about our stats which is of course unfortunate, but we can’t expect all members of staff to be familiar with the rigorous, standardized process surrounding rankings and accreditation...The fact that we are experiencing continued success in both our ongoing accreditations process as well as in the premier rankings of business school programs is a testament to the positive impact of our unique approach to global higher education.”[25]

Campuses

Hult maintains 7 campuses across 3 countries and serves approximately 3,000 students:[26] 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.[27][28]

Academics

Hult's London postgraduate campus is located in the Bloomsbury district.
Business School Rankings[29][citation needed]
School Rankings
Financial Times – Global Ranking 54
Bloomberg – Global Ranking 100
MBA Rankings
Forbes – International 1-year MBAs 17
Bloomberg – International MBAs 58
The Economist – MBA 37
The Economist – Executive MBA 53
Financial Times – MBA 99
Financial Times – Executive MBAs 89
Master of Intl. Business Rankings
The Economist – Global Ranking 17
Times Higher Education – Global 19

Template:Infobox business school rankings Hult conducts business and market research out of its global research centers.[30][31]

Hult International Business School has an acceptance rate of 28%.[32] It has over 19,000 alumni in over 156 countries.[33]

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.[34]

In 2022, Hult's Executive MBA was ranked among the top 100 in the world in the QS International Trade Rankings.[35]

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.[36]

Hult Prize

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.[37] The Prize is a partnership between Hult International Business School, the Clinton Global Initiative, and the United Nations Foundation.[38]

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.[39][40]

Notable alumni

  • Thabo Mbeki, 2nd President of South Africa[41]
  • Htin Kyaw, 9th President of Myanmar[42]
  • Luis Abinader, current President of the Dominican Republic[43]
  • Gary Smith, CEO of Ciena[44]
  • André Bier Gerdau Johannpeter, CEO of Gerdau[45]
  • Hixonia Nyasulu, Chairwoman of Sasol[46]
  • Oba Otudeko, Founder of Honeywell Group and Forbes Africa's 40 Richest[47]
  • Walter Bayly Llona, CEO of Credicorp[48]
  • Shaun Gregory, CEO of Exterion Media[49]
  • Nataliey Bitature, 2016 World Economic Forum's Top 5 African Innovators & 2014 Forbes 30 Under 30[50]
  • Anil Shastri, Indian parliamentarian; son of former Prime Minister Lal Bahadur Shastri[51]
  • Mbaranga Gasarabwe, United Nations Assistant Secretary-General for Safety and Security[52]
  • Juan Cohen, parliamentarian in the Central American Parliament[53]
  • Tonika Sealy-Thompson, Barbados' Ambassador to Brazil[54]

See also

  • Hult Prize
  • EF Education First
  • Bertil Hult

References

  1. ↑ "Hult Study Promise". https://www.hult.edu/hult-study-promise/. 
  2. ↑ "International Business School Faculty – Hult". https://www.hult.edu/en/faculty/. 
  3. ↑ 3.0 3.1 "Carnegie Classifications – Institution Lookup". http://carnegieclassifications.iu.edu/lookup/view_institution.php?unit_id=164368&start_page=index.php&clq=%7B. 
  4. ↑ "U.S. News & World Report – Hult International Business School". https://www.usnews.com/best-colleges/hult-international-business-school-GB0001. 
  5. ↑ "Hult International Business School" (in en). https://www.forbes.com/colleges/hult-international-business-school/. 
  6. ↑ "Hult International Business School". The Economist. ISSN 0013-0613. https://www.economist.com/whichmba/hult-international-business-school/2011. 
  7. ↑ Gordon, Adam. "Ashridge Hult Offers Mindset Shift For Those 'Fed Up With Business School'". https://www.forbes.com/sites/adamgordon/2017/03/14/ashridge-hult/. 
  8. ↑ Milmo, Cahal (2021-10-08). "Sexual misconduct allegations under investigation after Hult Prize suspension" (in en). https://inews.co.uk/news/hult-prize-sexual-misconduct-allegations-student-entrepreneur-competition-1239322. 
  9. ↑ "Hult International Business School". The Economist. 10 April 2015. https://www.economist.com/node/21563826. 
  10. ↑ "The Observatory on Borderless Higher Education – Arthur D. Little School of Management". http://www.obhe.ac.uk/documents/2002/Articles/Arthur_D_Little_School_of_Management_world_s_only_example_of_an_accredited_corporate_university_sold_to_Kaplan_after_bankruptcy_of_parent_company. 
  11. ↑ "Arthur D. Little, Inc.: Exhibits: Institute Archives & Special Collections: MIT". https://libraries.mit.edu/archives/exhibits/adlittle/timeline/1960.html. 
  12. ↑ "Arthur D. Little, Inc.: Exhibits: Institute Archives & Special Collections: MIT". https://libraries.mit.edu/archives/exhibits/adlittle/timeline/1990.html. 
  13. ↑ "Student life: top ten UK business schools". 9 May 2014. https://www.telegraph.co.uk/education/universityeducation/student-life/10817144/Student-life-top-ten-UK-business-schools.html. 
  14. ↑ "A glimpse at the archives of a Conservative intellectual project". Contemporary British History 19 (1). 2005. 
  15. ↑ "Ashridge College". Rural Heritage Trust. http://home.btconnect.com/peter-grainger/rhs/ashridgecollege.html. 
  16. ↑ "Error: no |title= specified when using {{Cite web}}". https://www.bizjournals.com/washington/stories/2002/10/07/daily30.html. 
  17. ↑ "Hult business school opens dedicated campus in Dubai Internet City". 20 September 2012. https://www.thenational.ae/uae/education/hult-business-school-opens-dedicated-campus-in-dubai-internet-city-1.371776. 
  18. ↑ "Hult International Business School to Open New San Francisco Campus Hult Blog". 28 October 2009. https://www.hult.edu/blog/blog/hult-international-business-school-to-open-new-san-francisco-campus/. 
  19. ↑ "From Huron to Hult Hult Blog". 16 March 2009. https://www.hult.edu/blog/blog/from-huron-to-hult/. 
  20. ↑ Bradshaw, Della (4 July 2014). "Ashridge and Hult International announce plans to merge". https://www.ft.com/content/c12b55b2-0368-11e4-817f-00144feab7de. 
  21. ↑ "Governance". https://www.ashridge.org.uk/about-us/governance/. 
  22. ↑ "Hult International Business School Expands in London, Boston, and San Francisco". Hult International Business School. https://www.newswire.ca/news-releases/hult-international-business-school-expands-in-london-boston-and-san-francisco-513262371.html. 
  23. ↑ "Business Professor of the Year". http://businessprofessoraward.com/. 
  24. ↑ "Judges". http://businessprofessoraward.com/competitions/business-professor-of-the-year/pages/judges. 
  25. ↑ "Poets&Quants' 10 Biggest Scandals Of The Decade" (in en-US). 2020-08-26. https://finance.yahoo.com/news/poets-quants-10-biggest-scandals-191941987.html. 
  26. ↑ "Hult International Business School" (in en). 2019-03-25. https://www.timeshighereducation.com/world-university-rankings/hult-international-business-school. 
  27. ↑ "Awards". http://sergisonbates.com/en/awards. 
  28. ↑ "Price & Myers". https://www.pricemyers.com/profile/awards/2015/riba-award-hult-business-school. 
  29. ↑ "Hult International Business School Ranking – Hult". https://www.hult.edu/en/rankings. 
  30. ↑ Handley, Cassandra (July 7, 2017). "Hult Real-time Research with Google and Ferrari: Behind the scenes". Hult News. http://www.hult.edu/news/hult-real-time-research-with-google-and-ferrari-behind-the-scenes/. 
  31. ↑ "Airbnb and Hult Collaborate on Groundbreaking Global Research Project". Hult News. December 7, 2016. http://www.hult.edu/news/airbnb-hult-collaborate-groundbreaking-global-research-project/. 
  32. ↑ "Hult International – Business School – School Admissions The Princeton Review B-School Rankings & GMAT Scores". https://www.forbes.com/colleges/hult-international-business-school/. 
  33. ↑ "Hult International Business School". https://www.accessmba.com/school/hult-international-business-school. 
  34. ↑ Chan, Wai Kwen; Cremonezi, Leo (2020-05-10). "Financial Times Executive Education 2020: the top 50 schools" (in en-GB). https://www.ft.com/content/36c1e468-8f2b-11ea-9e12-0d4655dbd44f. 
  35. ↑ "QS International Trade Rankings 2023" (in en). https://www.topuniversities.com/university-rankings/international-trade-rankings/2023. 
  36. ↑ "Hult collaborates with Ernst & Young to offer the virtual EY Tech MBA by Hult for EY's employees". 30 June 2020. https://www.hult.edu/blog/hult-collaborates-with-ernst-young-to-offer-the-virtual-ey-tech-mba-by-hult-for-eys-employees/. 
  37. ↑ "Hult Global Case Challenge Launches with Water.org". Triple Pundit. http://www.triplepundit.com/2010/12/hult-global-case-challenge-launches-waterorg. 
  38. ↑ "CGI Members Made Nearly 300 New Commitments To Address Global Challenges; Since CGI Launched, Commitments Worth $63 Billion Have Improved the Lives of Nearly 300 Million People in More Than 170 Countries". Clinton Global Initiative. http://press.clintonglobalinitiative.org/index.php?s=43&item=97. 
  39. ↑ "Innovation Excellence – Bill Clinton Favorites Hult Global Case Challenge". http://www.innovationexcellence.com/blog/2012/09/24/bill-clinton-favorites-hult-global-case-challenge/. 
  40. ↑ "Matt Damons Charity Benefits From Global MBA Advice". Financial Times. 15 November 2010. http://www.ft.com/cms/s/2/8c9679f4-f0b0-11df-8cc5-00144feab49a.html#axzz1D36QcXMp. 
  41. ↑ "Prime Info 24 – Thabo Mbeki Biography, Age, Wiki, Wife, Children, Family, Books, Awards, Profile". https://www.primeinfo24.com/2018/11/thabo-mbeki-biography-age-wiki-wife-children-family-books-awards-profile/. 
  42. ↑ Public Radio International – Who the heck is Myanmar’s new president?
  43. ↑ GlobeNewswire – GokdQuest Congratulates Dominican Republic's President-Elect Luis Abinader
  44. ↑ Ciena Leadership: Gary Smith
  45. ↑ "André Bier Gerdau Johannpeter: Executive Profile & Biography". https://www.bloomberg.com/research/stocks/private/person.asp?personId=1470098&privcapId=402894. 
  46. ↑ Alliance for a Green Revolution in Africa – AGRA Leadership: Thembalihle Hixonia Nyasulu
  47. ↑ "Oba OTUDEKO" (in fr). https://www.theafricaceoforum.com/en/portraits/oba-otudeko/. 
  48. ↑ Reuters Editorial. "BAP.P – Credicorp Ltd. (USA) Profile | Reuters" (in en). https://www.reuters.comundefined/. [yes|permanent dead link|dead link}}]
  49. ↑ "Shaun Gregory, BTI Studios Ltd: Profile and Biography" (in en). https://www.bloomberg.com/profile/person/7231648. 
  50. ↑ "Nataliey Bitature | Co-founder and COO, Musana Carts" (in en). 13 July 2017. https://blogs.worldbank.org/team/nataliey-bitature. 
  51. ↑ "LAL BAHADUR SHASTRI INSTITUTE OF MANAGEMENT SCIENCE & TECHNOLOGY, BAREILLY". http://www.lbsimt.com/board_of_governors.aspx. 
  52. ↑ United Nations – Secretary-General Appoints Mbaranga Gasarabwe of Rwanda Assistant Secretary-General for Safety and Security
  53. ↑ Partido Nacional Voluntad Ciudadana – Juan Cohen Sander
  54. ↑ Hickey, John (2019-07-18). "Madam Ambassador: The unusual trip from Barbados to Berkeley to Brazil" (in en-US). https://news.berkeley.edu/2019/07/18/madam-ambassador-the-slightly-weird-trip-from-barbados-to-berkeley-to-brazil/. 

External links

[ ⚑ ] 42°22′10″N 71°04′25″W / 42.36944°N 71.07361°W / 42.36944; -71.07361



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