Louvain School of Management

Louvain School of Management

Former names	IAG - Institut d'Administration et de Gestion (1972 - 2005), école des sciences commerciales et consulaires (1897 -1972)
Motto	Excellence and Ethics in Business
Type	Public university
Established	1897
Dean	Prof. Per J. AGRELL
Vice Deans	Profs. Philippe GREGOIRE (LLN), Isabelle PLATTEN (Mons), Amélie JACQUEMIN (Corporate), Pierre SEMAL (Int)
Academic staff	55 (230 with associated and invited faculty)
Administrative staff	40
Postgraduates	1600
Doctoral students	100
Other students	250 (further education)
Location	Louvain-la-Neuve, Mons, Belgium[1] 50°40′06″N 4°36′45″E / 50.66831°N 4.61244°E / 50.66831; 4.61244Coordinates: 50°40′06″N 4°36′45″E / 50.66831°N 4.61244°E / 50.66831; 4.61244
Affiliations	EQUIS, CEMS
Website	lsm.be

The Louvain School of Management (LSM, formerly IAG) is the international business school of the Université Catholique de Louvain. The school is accredited by the European Quality Improvement System (EQUIS).^[2][3] It is the Faculty of Management of the Université catholique de Louvain, in Belgium and the Belgian member of the Community of European Management Schools (CEMS).^[4]

LSM offers Master Programs (Master in Management Science and Master in Business Engineering), a PhD Program in Economics and Management Sciences and Executive Education Programs, including an Executive Master Program in Business Administration.

The core faculty comprises 55 professors (all of them having a PhD degree), and around 150 visiting faculty members from corporate world or other universities. The school also includes a research and development department, the Louvain Research Institute in Management and Organizations with over 100 active PhD and Post-Doctoral researchers.

History

The Louvain School of Management was founded in 1897 under the name "école des sciences commerciales et consulaires" as a department of the University of Louvain. In 1972 it became the "Institut d'Administration et de Gestion" (lAG).^[5][6]

In 1989 the School started to offer a systematic exchange program. It is a member since 1989 of the CEMS network and since 1990 of the PIM network.^[7][8] It is also affiliated through the University to a large number of international corporate, research and education networks such as CLUSTER or COIMBRA.

In 2005 it became an autonomous part of the Universite catholique de Louvain and started to brand itself internationally as the Louvain School of Management. In 2006 it launched its International executive MBA. The School is EQUIS accredited since 2006. It became a faculty in 2010.

In 2011, LSM merged with the department of management of the Facultés universitaires catholiques de Mons (now UCL-Mons). So far, LSM is operating on two campuses: Louvain-la-Neuve and Mons.^[9] Negotiations for a full merger with two other campuses, the Facultés Universitaires Notre-Dame de la Paix (FUNDP) located in Namur and the Facultés Universitaires Saint-Louis (FUSL) located in Brussels, were halted in 2012.

Academic programs

The Louvain School of Management offers the following main graduate programs in French or English:^[10][11]

• Master in Management Science (2 years)
• Master in Business engineering (2 years)
• Master in Management (1 year) (Master-after-Master or "Junior" MBA)
• PhD in Economics and Management Sciences (3 years)

The Master in Business Engineering and the Master in Management Science include the following specialised tracks:

• Master in International Management (CEMS MIM programme)
• Master with one full year abroad (“International Business”)
• Master with one year spent in a partner institution (Double Degree)
• Master with a specialisation in entrepreneurship (“CPME”)

A one-year, 75 ECTS version of the Master in Business Engineering and Master in Management is also offered for foreign students with already a four- or five-year degree in management.

In addition, the school proposes elective modules in different fields: finance, marketing, European business, e-business, human resources, tax policy, accounting and control, supply chain management, logistics and transport, information systems, innovation management, technological project, environmental management, ...

Executive Masters such as the International Executive MBA (IEMBA) or the Executive Master in Supply Chain Management are also offered.

Rankings

LSM the only Belgian school to offer the CEMS Master in International Management Program (MIM) ranked n°9 worldwide by the Financial Times in 2018 (1st position in Belgium). The Masters in Business Engineering at LSM is annually ranked in the Financial Times (in 2018, 53nd position worldwide for its , and 3rd position in Belgium).^[12]

Research

The research activities in the management faculty are carried out mainly in three research institutes of the Universite catholique de Louvain

The Louvain Research Institute in Management and Organizations is organized in four research groups:

• The Centre for Research in Entrepreneurial Change and Innovative Strategies (CRECIS)
• The Louvain Critical Management Group (LCM)
• The Centre on Consumers Relations and Responsible Marketing (CERMA)
• The Center in Management Information Systems (CEMIS)

The Institute for Multidisciplinary Research in Quantitative Modelling and Analysis is producing management research within

• Center for Operations Research and Econometrics (CORE)
• Louvain Finance (LFIN)

The Institute for the Analysis of Change in Contemporary and Historical Societies is a larger institute with faculty from the Louvain School of Management primarily active in

• Centre de recherches interdisciplinaires, Démocratie, Institutions, Subjectivité (CRIDIS)

International Relations

LSM has a large network of academic partners in the world, it is notably part of the CEMS, Partnership in International Management (PIM) and the 'Consortium Linking Universities of Science and Technology for Education and Research' (CLUSTER) networks.

LSM also has established double degrees agreement universities abroad, including: The University of Cologne, The Aalto University School of Economics, EGADE and the Fundação Getúlio Vargas. Other agreements, aimed at reducing the length of the studies for an MBA program at these universities for LSM graduates, have been signed with the University of Chicago Booth School of Business and the Samuel Curtis Johnson Graduate School of Management at Cornell University.

LSM also offers an International Business track allowing a full year abroad by combining a one-semester academic exchange with a 6-months internship in a foreign company. Most LSM's Master students undertake at least one term abroad as part of their studies in one of the 150 different universities who have agreement with the school. As well, most of the students do an internship of 3 to 6 months.

Alumni

The Louvain School of Management's alumni are grouped in the Alumni LSM association.^[13] Amongst the 20 biggest Belgian companies quoted in the BEL20 index, 7 have their CEO and/or at least one member of the board who are alumni of the Louvain School of Management. Famous alumni are:

• The late John J. Goossens, former CEO of Belgacom
• Philippe Vander Putten, CEO of Brussels Airlines
• Pierre-Olivier Beckers, CEO of Delhaize/Food Lion
• Georges Jacobs, chairman of the board of Delhaize/Food Lion
• Frank Beuselinck, CEO of DHL Belgium
• Michel Tilmant, former CEO of ING
• Jean Stéphenne, CEO of GlaxoSmithKline Biologicals
• Jean Hilgers, chairman of the board of the National Bank of Belgium
• Claude Meyer, former CEO of Procter & Gamble Europe
• Michel Georgis, former CEO of Proximus, now Executive Vice-President Consumer Business Unit of Belgacom
• Aloïs Michielsen, chairman of the board Solvay
• Jean-Claude Logé, CEO of Systemat
• Georges Jacobs, chairman of the board of UCB (company)
• Charles Picqué, politician, Minister-President of the Brussels Region

See also

• Université catholique de Louvain

External links

• LSM official website
• CEMS website
• International MBA