Hult International Business School is a global business school with campus locations in San Francisco, Boston, London, Dubai, Shanghai, Hertfordshire, and New York City. Hult has a student body comprising over 150 nationalities and an alumni network of over 17,000 professionals working across the globe.
In 2015, Hult merged operations with Ashridge Business School, a world-renowned thought leader and executive education provider, under the common brand "Hult International Business School". The combined school's mission is to become the world's most relevant business school to employers globally.
Hult International Business School is a non-profit 501 (c)(3) educational organization registered in the Commonwealth of Massachusetts and accredited by the New England Association of Schools and Colleges and the Association of MBAs. The Ashridge (Bonar Law Memorial) Trust is a United Kingdom registered charity. The school has also been accredited by the British Accreditation Council of Independent Further and Higher Education.
Hult International Business School offers Undergraduate, Masters, MBA and Executive degree programs. All U.S. degrees are awarded by Hult International Business School and accredited by the New England Association of Schools and Colleges (NEASC). All U.K. degrees are awarded by the Ashridge (Bonar Law Memorial) Trust known as 'Ashridge'. From the academic year commencing September 2016, all Hult U.K. degrees will be awarded by Ashridge, subject to final Ashridge academic validation as per standard U.K. requirements.
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History
The Management Education Institute, later the Arthur D. Little School of Management, was founded in 1964 by Arthur D. Little Inc, the world's oldest management consulting firm. The institution developed a one-year postgraduate degree program in management that was launched as the school's first program. Only five years earlier, in 1959, the Ashridge Management College was established in the United Kingdom. Among Ashridge's initial partners were companies like Shell, Guinness and Unilever. Ten years later, in 1969, Ashridge had expanded its operations to include more than 100 programs and more than 2,000 annual participants. Arthur D. Little School of Management was accredited by the New England Association of Schools and Colleges in 1976, allowing for higher academic integrity in a city where universities like Harvard had thrived for more than a century.
Because of financial difficulties, the school was acquired by Bertil Hult and renamed Hult International Business School in 2003. The school was going to build on a new concept, with an international focus. The goal was to open new campuses around the world and accept international students from countries around the world in order to establish a learning environment that let its students not only learn about business from the school's professors, but also about each other's cultures. In 2008, Hult opened its first campus outside the United States in Dubai, U.A.E. Only a year later, the school also opened a campus in London. In 2010, Hult opened its second campus in the United States, in downtown San Francisco. Finally, in 2011, Hult opened a campus in Shanghai, China.
In 2015, Hult International Business School and Ashridge Business School operationally merged under the common brand Hult International Business School. Ashridge Business School was renamed Ashridge Executive Education, Hult.
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Postgraduate rankings
Hult is ranked 55th in the world by The Economist and 62nd by Bloomberg Businessweek.
In 2015, Hult was unranked in the Financial Times Global MBA Ranking due to a change in a metric in the Financial Times' methodology. The metric that was changed was "International Experience", a category that Hult normally perform well in. In the 2014 ranking, Hult ranked #2 in that category. The metric determines a score based on the percentage of graduates that had completed exchanges, research projects, study tours and company internships in countries other than where the school is based.
Undergraduate rankings
Hult's Undergraduate program appeared in Bloomberg's Undergraduate Business School ranking, as its first appearance in any undergraduate ranking, in 2016. The school was ranked as #124 in the United States. However, this ranking was only based upon the graduating class of 2015 from the London campus. The program has only been present in the United States since the 2014-15 academic year.
Executive Education rankings
Ashridge's 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.
Hult Faculty
- Cari E. Guittard, Women's Leadership, Corporate Diplomacy and International Negotiations
- Daniel Deneffe, Strategy and Pricing Expert
- Ted Ladd, Internet Economics
- Joanne Lawrence, Global Business and Society
- Joel Litman, Finance and Equity Valuation Expert
- Steve Hurley, Solutions Marketing Expert
- Hitendra Patel, Innovation and Growth
- Michael Grandinetti, Entrepreneurship, Management and Marketing
- Olaf Groth, Management Strategy, Innovation & Economics
Initiatives
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. The Prize is a partnership between Hult International Business School and the Clinton Global Initiative. Bill Clinton selects the challenge topic and announces the winner each September. Clinton mentioned the Hult Prize in a TIME Magazine article about "the top 5 ideas that are changing the world for the better."
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 Hult Prize was won by a team from McGill University headed by MD / MBA Student Mohammed Ashour. The team continues to implement their idea of growing edible insects for food and feed under the name Aspire[13] The company is based out of Montreal, Canada, and has active operations in Ghana, Mexico, and the United States.
The Hult Prize 2014 was won by a team from the Indian School of Business, called NanoHealth. NanoHealth specialises in chronic disease management and provides holistic and affordable healthcare at the doorstep. NanoHealth creates a network of community health workers called 'Saathis' and equips them with a low-cost point-of-care device called the Doc-in-a-Bag. NanoHealth aims to avoid more than a million pre-mature deaths every year by providing affordable healthcare at the door step of the urban poor.
Business Professor of the Year Award
The Economist Intelligence Unit (EIU), supported by Hult International Business School, launched the Business Professor of the Year Award in 2012.
Source of the article : Wikipedia
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