Hult International Business School is a business school with 6 global locations.
In 2012, it graduated 2,000 students from its MBA, Executive MBA, Master and
Bachelor degree programs. The school is accredited by the New
England Association of Schools and Colleges and the Association of MBAs.
The school has also been accredited by the British Accreditation Council of
Independent Further and Higher Education. Hult is a member of the
Association to Advance Collegiate Schools of Business.
The school is incorporated as Hult International Business School, Inc., a
non-profit organization under Massachusetts law.
History The institution was established in 1964
by Arthur D. Little Inc. as the Management Education Institute, a
subsidiary for training of business executives from developing countries,
modeled on the MIT Sloan School of Management. In 1976, the Arthur D.
Little school was accredited by the New England Association of Schools and
Colleges. In 1996, the school, then known as the
Arthur D. Little School of Management, formed a partnership with Boston
College's Carroll School of Management, giving it access to the college's
facilities. The following year the Arthur D. Little School of Management
became an independent non-profit entity, with Arthur D. Little Inc. as its only
shareholder. In 2002, after Arthur D. Little declared
bankruptcy, Kaplan, Inc. initiated acquisition of the business school,
renaming it the Concord School of Management. In November 2002, Kaplan
abandoned its acquisition plans. At the time, the school had 26 students.
In 2003 Bertil Hult stepped in to financially support the failing school.
Since then it has grown from its single Boston location to 5 campuses in San
Francisco, London, Dubai, Shanghai and two rotation centers in New York and Sao
Paulo. The school was renamed Hult International Business School after
Bertil Hult, the founder of EF Education First.
In 2005, after the accreditation of Hult's one year MBA program by the
Association of MBAs, Hult began opening new campuses. The Shanghai campus opened
in 2007. The following year Hult became the first American educational
institution officially approved in the United Arab Emirates when its Dubai
campus opened. In 2009, Hult acquired the former facilities of Huron
University USA in London to open its London campus. Hult's San Francisco
campus opened in 2010. Rankings
Hult is ranked 55th in the world by The Economist and 21st in the international
category by Bloomberg Businessweek. The Economist also ranks Hult 6th in
Percentage Increase on Pre-MBA Salary, and has recognized Hult as 1st for
international exchange opportunities and 1st for diversity of industries
recruiting graduates. Hult Prize
Hult International Business School is the lead sponsor of the Hult Prize, an
annual international case competition launched in 2010 that asks students to
find solutions to global social challenges. The organization is a member
of the Clinton Global Initiative. Teams from business schools around the world
compete at one of five regional events to develop the best solutions to that
year's social challenge. The best teams from each regional event advance to a
global final, at which a single winning team is chosen. Bertil Hult provided a
$1 million cash grant to the partner NGO to help fund the winning solution in
2010, 2011 and 2012. In 2013 he will instead provide the same cash grant for
the winning team to establish a new social enterprise.
In 2010, the competition focused on education in partnership with One Laptop
per Child. The 2011 event partnered with Matt Damon's water.org to focus on
provision of clean water. In 2012, Hult Prize partnered with Habitat for
Humanity, One Laptop Per Child and SolarAid to address global poverty
through the provision of education, housing and energy. The 2013 event
addresses the global food crisis. Former U.S. President Bill Clinton was
the keynote speaker at the 2011 and 2012 final events.
Business Professor of the Year Award The Economist Intelligence Unit,
supported by Hult International Business School, launched the Business Professor
of the Year Award in 2012. References
External links Official website