Hult International Business School is a private global business school with campus locations in San Francisco, London, New York City, Dubai, Boston, and Shanghai. Hult, named for Swedish billionaire and education advocate Bertil Hult, is the successor institution to two former business schools: the Arthur D. Little School of Management, founded in 1964 in Cambridge, Massachusetts, and Ashridge Business School, founded in 1959 in Hertfordshire, England.
Hult International Business School has undergraduate, master's, and MBA degree programs, as well as an executive education program through Ashridge Executive Education, housed at Ashridge House in Hertfordshire, north of London. Hult conducts business and market research out of its seven global research centers, alone and in collaboration with companies including Ferrari, Airbnb, and Google.
Hult is accredited by the New England Association of Schools and Colleges, British Accreditation Council of Independent Further and Higher Education, and one of seven business schools to be accredited by both the Association of MBAs (AMBA), and the Association to Advance Collegiate Schools of Business (AACSB). Hult's Ashridge Executive Education is one of the few business programs worldwide to have triple accreditation, from AMBA, AACSB, and the European Quality Improvement System (EQUIS).
Hult has gained a reputation for its internationally-inflected business programs, with incentives for students complete their degrees at multiple Hult campuses worldwide. Hult reviews its curriculum annually and aims to deliver courses outside of the traditional business school model, with an emphasis on collaborative entrepreneurship and case work. Courses taught by industry leaders are not uncommon.
The school is also famous for its Hult Prize, the world's largest student competition for social good, which is hosted by Hult in collaboration with the United Nations and the Clinton Foundation.
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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. In 2008, Hult opened its first campus outside the United States in Dubai, and a year later, a campus in London. A review of Hult International Business School's global footprint led to a second campus opening in the United States in 2010 in San Francisco and in 2011, another campus opened 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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Academics
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.
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.
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 provides a $1 million cash grant to help fund the winning solution.
Source of the article : Wikipedia
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