Hult International Business School

Hult International Business School (also known as Hult Business School or Hult) is a private business school with campuses in Cambridge, London, San Francisco, Dubai, New York City, and Shanghai.[5] Hult, named for the school's benefactor Bertil Hult, is the successor of an American institution, the Arthur D. Little School of Management, founded in 1964 in Cambridge, Massachusetts, and of a British institution, the Ashridge Business School, founded in 1959 in Ashridge, England.[6]

Hult International Business School
Former name
Arthur D. Little School of Management
MottoThe Global Business School
TypePrivate business school
Established1964 (1964)
PresidentStephen Hodges[1]
Academic staff
478[2]
Students2,798[3]
Undergraduates1,266[4]
Postgraduates1,532
CampusCambridge, USA,
London, UK,
San Francisco, USA,
Dubai, UAE,
Shanghai, China,
New York City, USA,
Ashridge, UK
AffiliationsAMBA,
AACSB,
EQUIS
Websitewww.hult.edu

Hult is accredited by the three largest and most influential business school accreditation associations: (AACSB, AMBA, and EQUIS). Hult is the only American business school to be accredited in the United States, the United Kingdom, and the European Union.[7] Hult offers undergraduate, master's, and MBA degree programs, as well as executive education through Ashridge Executive Education, housed on the Ashridge Estate campus.

The school is patron to the Hult Prize, the world's largest student competition for social good, which is held in collaboration with the United Nations Foundation and former U.S President Bill Clinton.[8][9]

History

American background
See also: Arthur D. Little

The Arthur D. Little School of Management was founded in 1964 by Arthur D. Little, the world's oldest management consulting firm, in Cambridge, Massachusetts.[10] 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.[11][12] 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.[13]

Hult Ashridge Executive Education program, housed in Ashridge House, is ranked in the UK's top 10 programs.[14]

British background
Main article: Ashridge Executive Education

In 1921, British Prime Minister Andrew Bonar Law acquired Ashridge House, in Hertfordshire, United Kingdom, through a trust, with the intent to establish a college at the estate.

In 1929, Ashridge was formally established as the College of Citizenship with the backing of the Conservative Party, under the academic advisory of Arthur Bryant, famed English economic historian.[15] In 1959, the college was re-established as a school of management under the name Ashridge Business School.[16]

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

In 2002, Swedish billionaire and education advocate 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. 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]

Campuses
Main article: Campuses of Hult International Business School

Hult maintains 7 campuses across 6 countries and serves approximately 3,000 students:[25] three undergraduate and postgraduate campuses (London, San Francisco, and Boston), three solely postgraduate campuses (Dubai, Shanghai, 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.[26][27]

Academics
Hult's London postgraduate campus is located in the Bloomsbury district.
Business School Rankings[28]
School Rankings
Financial Times - Global Ranking 54
Bloomberg - Global Ranking 100
MBA Rankings
Forbes - International MBAs 15
Bloomberg - International MBAs 21
The Economist - Global Ranking 43
The Economist - Executive MBAs 50
Financial Times - Executive MBAs 73
Master of Intl. Business Rankings
The Economist - Global Ranking 13
Times Higher Education - Global 19

Hult holds the prestigious Triple Crown accreditation, meaning that it is part of the three major business accreditation associations in the world: the Association of MBAs (AMBA) from the United States, the Association to Advance Collegiate Schools of Business (AASB) from the United Kingdom, and the European Foundation for Management Development Quality Improvement System (EQUIS) of the European Union. Only 1 percent of all business schools have this status.[25] Hult is the only American business school to hold triple accreditation.[29]

Hult's degrees are accredited under the British Accreditation Council of Higher Education and the New England Association of Schools and Colleges.

Hult also 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 #13 in The Economist's ranking of Masters in Management programs worldwide in 2017 [34]

Hult's Ashridge Executive Education was ranked #7 in "Best Custom Programs Globally" by Bloomberg Businessweek in 2013. In 2015, the programs were ranked #21 in "Best Executive Education Programs Globally, Combined Rankings" by the Financial Times.

The Financial Times ranked Hult’s program in the top 10 for international mobility of graduates in its Global Masters in Management Ranking 2018.[35]

Hult Prize
The Hult Prize is hosted in cooperation with the United Nations Foundation and the Clinton Iniatiative.
Main article: Hult Prize

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.[36] The Prize is a partnership between Hult International Business School, the Clinton Global Initiative, and the United Nations Foundation.[37] Until 2018, former U.S. President Bill Clinton would select the challenge topic and announces the winner each September, however beginning in 2018 former President Barack Obama will take over President Clinton's patronage and responsibilities.[9]

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.[38][39]

Notable alumni
See also: List of Hult International Business School people

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