Durham University Business School is the business school of Durham University and is located in Durham, England. Established in 1965, it holds triple accreditation (AACSB, AMBA and EQUIS). It is currently ranked between 4th and 66th in the world for its MBA and MSc programmes by the Financial Times, The Economist and the Expansión.
The University's department of Economics and Finance and the Foundation for Small and Medium Enterprise Development merged with the Business School in 2002 to become the School of Economics, Finance and Business, more commonly known as Durham University Business School.
The recognition of the University's courses is governed by an Act of Parliament of Great Britain in 1832 and its Royal Charter that was conferred upon the University in 1837. Additional recognition for its courses is provided by accreditation with several organisations at the national and international level such as the Association to Advance Collegiate Schools of Business of the United States - AACSB, the European Quality Improvement System in Europe - EQUIS, the Association of Masters of Business Administration of the United Kingdom - AMBA, and the Chartered Financial Analyst Institute of the United States - CFA.
Rankings and reputation
Rankings and accreditations of Durham University Business School include:
The Wall Street Journal MBA Rankings, which lists the Top 15 Schools outside the USA, placed Durham University Business School at 14th position overall and 2nd in the UK in 2009. The ranking placed the school ahead of Oxford Said Business School and Cambridge Judge Business School.The Financial Times placed Durham University Business School 6th in the world for Online MBA, 35th in the world for Masters in Finance, 57th in the world for Masters in Management and 79th in the world for Global MBA in 2015.The Economist ranked the MBA 55th in the world and 8th in the UK in 2010. In 2013, the Economist ranking was 72nd in the world and 9th in the UK.Expansión – Mexico’s leading business magazine – places Durham University Business School 54th out of 65 schools in its International Ranking of ‘The Best Global MBAs 2011. Durham is ranked 17th in Europe and 8th in the UK.Ranked 15th in the world ("Top Business Schools Internationally Known") by EDUNIVERSAL's International Scientific Committee in 2008.Teaching in economics and finance received the maximum 24 score in the last QAA subject review.The Association of MBAs recently re-accredited all MBA programmes for the maximum five-year period.EQUIS accreditation awarded in 2005.AACSB accredited in April, 2009.Durham University Business School provides courses at undergraduate and postgraduate levels. Undergraduate courses include Bachelor's degrees in the fields of economics, finance, business, marketing and accounting. Postgraduate degrees are offered in management, marketing, finance and economics, including MBA, MA, MSc, DBA and PhD. Courses are offered in full-time, part-time and distance learning formats.
The MSc programmes have Chartered Financial Analyst (CFA) recognition through its partnership status with the Institute.
Durham University Business School has more than 200 research students. In the 2008 Research Assessment Exercise, 95 per cent of the Business and Management Studies research at Durham University was assessed as being at least of International Quality (2* and above) in terms of originality, significance and rigour. This positions the School 19th in a total of 90 schools within the business and management sector (based on the Grade Point Average score) in Great Britain. In the last external assessment of teaching quality by the QAA, which reviewed Economics and Finance, the School was awarded a maximum score of 24/24.
The school's research centres and groups are diverse and extend across geographical and cultural boundaries.
Visiting academics - past and present - include:
Guangjing Cao, Chairman of the China Three Gorges Project Corporation (CTGPC) on the Yangtze River.Glenn Carroll Stanford University and Columbia University, specialist on Population EcologyJack Cohen, specialist in Complexity and Chaos theoryKenneth Davies, Senior Economist and Head of Global Relations, OECD.Werner De Bondt DePaul University, specialist in Behavioural FinanceJohn Doukas Old Dominion University specialist in Mergers & Acquisitions, and Asset Price AnomaliesRobin Gilchrist, Vice President, Alcatel-LucentDavid Gravells, former Chairman of the Association of MBAs of United KingdomDavid Greatbatch, former academic of Oxford University and XEROX Research Laboratory, CambridgeChris Greensted, Associate Director (Quality Services) of EQUISMike Hannan Stanford University, specialist on Population EcologySir Roger Jackling, KCB, CBE, Former Head of The Defence Academy of the United KingdomGregory Koutmos Fairfield University specialist in Asset Pricing and VolatilityEhud Lehrer, Bar Ilan University, specialist on Game Theory;Grigor McClelland, former Director of Manchester Business SchoolBill McKelvey, Professor of Strategic Organizing and Complexity Theory at the UCLA Anderson School of ManagementRay Rist, Adviser, World Bank, Washington D.C.The Business School has extensive links with companies, organisations and academic institutions. In particular the business school is engaged in research with:
The Institute of Chartered Accountants in England and Wales (ICAEW)The Association of Chartered Certified Accountants (ACCA)Chartered Institute of Management Accountants (CIMA)British Accounting and Finance Association (BAFA)The school's academic network includes:
Central University of Finance and Economics, Beijing, ChinaFudan University, Shanghai, ChinaSun Yat-Sen University, Guangzhou, ChinaEuromed Marseille Ecole de Management, Marseille, FranceAix-Marseille University Marseille, FranceEBS University of Business and Law, GermanyUniversity of Mannheim, GermanyWHU-Otto Beisheim School of Management, GermanyUniversity of Hong Kong, Hong KongUniversity of Pisa, ItalyUniversity of Trento, ItalyUniversity of Udine, ItalyUniversity of Tokyo, JapanBI Norwegian School of Management, NorwayFinancial University under the Government of the Russian Federation, Moscow, RussiaInstitute of Business Studies (IBS-Moscow), Russian Presidential Academy of National Economy and Public Administration, RussiaLund University, SwedenUniversity of Stellenbosch, South AfricaKorea University, Seoul, South KoreaThe school has around 18,000 alumni from over 150 countries worldwide belonging to its "Agora" association.
The following individuals are alumni (listed by first name order and qualifications with year of graduation if known)
Andrew Thorburn, MBA(Distinction), CEO of the National Australia Bank and former CEO of Bank of New ZealandAnwar Choudhury, MBA, British High Commissioner to BangladeshBalthasar Kambuaya, MBA (1996), The Minister of Environment of the Republic of Indonesia (2011–present)Conrad Clifford, MBA, CEO of Monarch Airlines, UKDavid Collins, MBA, Canadian High Commissioner to Kenya, Uganda and Rwanda; Ambassador to Burundi, Eritrea and Somalia; and Permanent Representative to the UN Organisations based in NairobiFinlay Scott, Chief Executive of the General Medical Council, United KingdomGraham Moffitt, MBA, Head of Asset Based Lending, HSBC Bank Plc and former Senior Vice-President – Senior Risk Officer, Bank of America, USAGrahame Maxwell, MBA, Chief Constable of North Yorkshire Police, United KingdomJames Averdieck, BA in Economics (1988), founder and former managing director of GüJohn Cuthbert, MBA, Managing Director, Northumbrian Water plc, United KingdomJudith Ozcan, MBA, Director of Debt Markets, Capital for Enterprise UKKerryann Ifill, MBA, President of the Senate, BarbadosKillick Datta, MBA, Founder, President and Chief Executive Officer, Global Brand Marketing Inc, United States of AmericaMichael Shearer OBE, MBA (1996), Deputy High Commissioner, Freetown, Sierra LeoneNorman Lacy, MSc, Minister for Educational Services and Minister for the Arts, Government of Victoria, AustraliaPaul Madden, MBA (2002), British High Commissioner to AustraliaRon Emerson, MSc, Non-Executive Chairman with Fairfield Energy, UKTony Newton, DBA (2014), President and Board Chair, British Dental Health Foundation and International Dental Health FoundationWill Greenwood, BA in Economics (1994), famous English rugby union footballer of the 1990s and 2000sZandile Mbele, MBA, Executive with Public Sector for Internet Solutions, South AfricaJoseph Stiglitz DCL – recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979) – Honorary Doctor of Durham University Business School
