Alliance Manchester Business School is the business school of the University of
Manchester in Manchester, England. According to the Financial Times 2011
Global MBA Rankings, its M.B.A programme is ranked 29th in the world and its Post
Graduate and Doctoral program is ranked 1st in the world. MBS "Marketing" has
been ranked 9th in the world and its "International Business" has been ranked
10th in the world as per the Financial Times 2012 ranking.
It includes departments from both the former Victoria University of
Manchester's Faculty of Business Administration, and from UMIST.
History The "new" Manchester Business School was
formed in 2004 as a result of the merger of UMIST's Manchester School of
Management, the Institute of Innovation Research, the Victoria University of
Manchester's School of Accounting and Finance, and the "old" Manchester
Business School. Prior to merger the constituent parts of new MBS formed,
from 1994, the "Manchester Federal School of Business and Management" and
occupied nearby buildings either side of Oxford Road
The foundation of the School dates back to 1918 when the Manchester Municipal
College of Technology pioneered academic training in management, with the
formation of a Department of Industrial Administration funded by an endowment
from asbestos magnate Sir Samuel Turner. The London School of Economics and
Manchester Municipal College of Technology were the first higher
education institutions in the UK to follow the US trend of offering
postgraduate management programmes in the 1930s. The Department of Industrial
Administration was heavily influenced by management science pioneer Charles
Garonne Renold. The Robbins Report in the 1960s recommended that two national
centres for postgraduate business education be created, and the Franks
Report subsequently suggested that one would be in London centred on the
University of London, and one in Manchester centred on the University and
UMIST. As a consequence, Manchester was one of the first two business schools in
the UK offering MBA degrees. On 21 September, 2015, Manchester
Business School changed its name to Alliance Manchester Business School,
following a donation from Lord Alliance of Manchester and his fellow Trustees of
the Alliance Family Foundation. Organisation
The school comes under the Faculty of Humanities of the University of
Manchester. As of 2008 with over 200 teaching staff it is the largest
campus-based business school in the country, and has an international
student composition as three quarters of its student body is from outside the UK.
Manchester offers Ph.D; D.B.A - Doctor of Business Administration; M.B.A -
Master of Business Administration; several specialist masters programmes as
well as undergraduate degrees. Entry requirements for undergraduate and
postgraduate degrees are both highly competitive. For popular undergraduate
courses such as Accounting and/or Finance there are just 70 places
available for approximately 1600 applicants. As of 2006, a minimum work
experience of 3 years and a good GMAT is required for admission to the MBA
programs. The 18 months full-time MBA program is
known for its "Manchester Method" which puts emphasis on learning by doing
throughout the entire duration of the programme, including significant real
life projects. In addition, the school offers the so-called "Manchester Gold"
programme, a mentoring scheme to provide students with opportunities to meet
regularly with professionals from a wide variety of sectors and industries. Last
year's mentors, for example, came from high-profile companies such as Morgan
Stanley, PricewaterhouseCoopers, Royal Dutch Shell Group, IBM Global Services
and GlaxoSmithKline among many others. As of 2013 the Head of MBS is Professor
Fiona Devine OBE. The school's advisory board is chaired by businessman Tony De
Nunzio. Accreditation and reputation
Among the bodies validating MBS programmes, the British Psychological
Society validates its Organizational Psychology masters, and the Chartered
Institute of Personnel and Development its HRM MA degree. Its MBA is one of a
select band worldwide which receive triple accreditation by AACSB
International, AMBA and EQUIS. It is also a program partner of the CFA
Institute. The Financial Times Global MBA Ranking
2015 survey ranks MBS MBA 5th in the UK, 12th in Europe and 35th in the world.
In 2011, the school was ranked among the top 30 business schools in the world for
its MBA program, and 1st in the world for its doctoral program. It is placed
11th in Europe and 4th in the UK, while being 6th in Europe for percentage
salary increase of its graduates. Regarding international experience, MBS
is 17th in the world and 7th in the Europe as well as is ranked 13th in the
world for the career progress of its alumni. The average salary of
Manchester's MBA graduates after three years is US$116,100 - the 12th highest
of European business schools. Other rankings, such as the most recent
Forbes survey, which lists business schools on their "return on investment"
via a survey of alumni salaries, put Manchester 2nd in the UK and 5th in the
world. In the Which MBA? survey MBS reached the 5th place in the UK, 8th in
Europe and 30th in the world. The MBA Career Guide of international MBA
recruiters placed Manchester 2nd in the UK, 7th in Europe and 15th in the world.
In the 2009 QS Global 200 Business Schools Report the school was ranked
14th in Europe. In the UK government Research Assessment
Exercise 2008, MBS is ranked first of all UK universities for research power
in Business and Management and Finance and Accounting. The Financial Times
ranks MBS PhD programme 1st in the World.
Furthermore, Manchester was selected by UK Border Agency as part of the Highly
Skilled Migrant Programme which gives MBA-graduates from the world's top 50
business schools extra qualification points and helps them meet visa
requirements to work in the UK. The Quality Assurance Agency for Higher
Education assessed the school's teaching quality with 24 out of 24 points.
Global MBA programme MBS offers a unique part-time option for
Master of Business Administration students called the Part-time Global
MBA. This programme provides online instruction along with the ability for
students to study at any of seven global centres, while receiving the same
degree. Students are able to take classes in Manchester, Brazil, China,
Hong Kong, Singapore, Dubai and Miami. Students spend one week per semester
attending workshops at one of the seven centres, and ten nights' hotel stay is
included with the cost of tuition. Each centre has its own team of staff and
facilities and all of them together support over 3,500 students from more
than 100 countries around the world. The same faculty members teach across the
centres representing forty different countries.
Buildings The older part of MBS, called "MBS West"
is part of the University Precinct Centre complex on the southwest corner
of Oxford Road and Booth Street West. The building houses lecture and
conference suites and restaurant facilities including a 101-room hotel.
It is also the home of the MBA programme. The complex was designed by
Hugh Wilson and Lewis Womersley and dates from the 1970s. The newer part
"MBS East" lies on the northeast corner of Oxford Road and Booth Street East. It
was completed in 1997 at the time when the UMIST departments co-located to form
the Federal School. The building cost £7m and was designed by London
architects ORMS. MBS East currently houses undergraduate services and some
of the Research Centres of MBS. Manchester Accounting and Finance Group
of MBS is located in Crawford House, which is situated opposite MBS East on
the southwest corner of Oxford Road and Booth Street West and is linked via a
pedestrian walkway. The Manchester Enterprise Centre, pioneer of the Master
of Enterprise degree, is located in the Zochonis Building, Brunswick Street.
As announced in 15 August 2014, The MBS West is now approved for £50m
refurbishment. This strategic development forms part of the
University’s ten-year, £1 billion Campus Masterplan to create some of the most
modern campus facilities in the world along the southern gateway to the city,
known as the Manchester Corridor. Subject to planning consent, work on the
retail redevelopment will begin in 2015, with the development set to open in
mid-2016. The wider scheme of MBS refurbishment works will be completed in
phases with the final phase due for completion in early 2018. The plans
reconfigure the existing precinct centre to create up to 14 units with
double-height glazed frontages onto Oxford Road. The variety of units will
create a mixed offer of retail, food and leisure for students, staff and visitors
to the University and Business School. The offer will complement the new hotel
and enhanced Manchester Business School Executive Education Centre, both of
which are being developed as part of phase one, which was granted planning
consent in April 2013 with construction due to commence later in 2014. In
addition to the retail and leisure, phase two includes the removal of a link
bridge across Oxford Road to improve views and light levels in the area.
Public realm improvements such as pavement widening will enhance the area
for pedestrians, cyclists and public transport users. The phase two
redevelopment also includes the refurbishment of circa 200,000 sq ft of
MBS facilities to create significantly improved teaching and administrative
accommodation, a new Learning Library and Enterprise Zone.
Research profile In the previous 2001 Research Assessment
Exercise the 'old' Manchester Business School and Manchester School of
Management were both rated 5. Manchester School of Accounting and Finance is one
of only two accounting and finance schools in the UK rated as 6* by the
RAE. According to a survey published by Accounting and Finance in 2008, MBS is
ranked as the "world number one for accounting research".
Manchester has several research centres of international standing. These include
those in the areas of decision sciences, employment and labour studies,
technology management and innovation, and critical management studies. Among
its Professors with World-ranked reputations are Fiona Devine, Luke
Georghiou, Ian Miles, Giovanni Dosi, Paul Jackson, Joseph Stiglitz, Thomas
Kirchmaier, Colin Talbot, Jikyeong Kang, John Hassard, Mick Marchington, Jill
Rubery FBA, Trevor Wood-Harper, Peter Kawalek, Maria Nedeva, Andrew Stark, and
Richard Whitley. Karel Williams is currently co-heading a major new centre
for the research of social change called CRESC.
Notable alumni Karen Cook, Chairman of Goldman Sachs
Investment Banking Division Parineeti Chopra, Bollywood Actress
Vish Dhamija, Author Tom Bloxham, founder of influential
regeneration firm Urban Splash; Chancellor of the University of
Manchester Liam Byrne, Member of Parliament for
Birmingham Hodge Hill and former Chief Secretary to the Treasury
Don Cruickshank, Chairman of SMG plc and former chairman of London Stock Exchange
Andy Duncan, Chief Executive of Channel 4 television
Michael Earl, former Lecturer at MBS and current Dean of Templeton College at the
University of Oxford Keith Edelman, Managing Director of
Arsenal Football Club Rijkman Groenink, Chairman of the
Managing Board, ABN AMRO Nicholas Lander, restaurant critic for
the Financial Times and consultant to the restaurant industry
Sir Terry Leahy, Chief Executive Officer of Tesco, the largest British
supermarket chain Tony Lloyd, former Member of Parliament
for Manchester Central and current Police and Crime Commissioner for
Greater Manchester Andrew Pettigrew, currently Dean of the
University of Bath School of Management Brian Quinn, Former Deputy Governor of
the Bank of England and Chairman of Celtic F.C board
Paul Skinner, Chairman, Rio Tinto Brenda Smith, Group Managing Director of
Ascent Media Group and Former Managing Director of Granada Television
Vijit Supinit, Chairman, Stock Exchange of Thailand
David Varney, Executive Chairman, HM Revenue and Customs
Andreas Vranas, Vice-Governor, National Bank of Greece
Aung Tun Thet , Myanmar Economist and Management Consultant
References External links
Manchester Business School – official website