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41-549: Durham University Business School (DUBS) is the business school of Durham University , a collegiate public research university in Durham, England . The school holds triple accreditation from AACSB , AMBA and EQUIS . Following a 1963 report on management education by Lord Franks , the school began teaching in 1965, making it the second oldest business school in the UK alongside Alliance Manchester Business School . The school contains

82-476: A bachelor's degree is tuition-free at public intuitions in several countries: Austria , Cyprus , Czech Republic , Denmark , Estonia , Finland , Germany , Greece , Malta , Montenegro , Norway , Poland , Scotland , Slovakia , Slovenia , Sweden , Turkey . In the German education system , most universities do not charge tuition, except for some executive MBA programs. French tuition fees are capped based on

123-707: A business school. However, Durham University had established the Business Research Unit (BRU) in Durham in 1960 under the auspices of the Department of Economics and in collaboration with the Department of Psychology to carry out business and management-related research, under the direction of Alan Odber. In 1963, the Franks Report recommended the establishment of two major business schools in London and Manchester (which became

164-595: A community colleges, charge $ 3,730 (€3,154) on average for in-state students, but these institutions usually do not offer Bachelors or MBA degrees. Private institutions in the United States all charge tuition, often considerably more than their public counterparts. EFMD Quality Improvement System The EFMD Quality Improvement System ( EQUIS ) is a business school accreditation managed by Brussels based EFMD . It provides accreditation for higher education institutions of management and business administration and

205-668: A defined number of ECTS credits. Grande école business schools are elite academic institutions that admit students through an extremely competitive process, and the PGE ( Programme Grande École ) ends with the degree of Master in Management (MiM). Some business schools structure their teaching around the use of case studies (i.e. the case method ). Case studies have been used in graduate and undergraduate business education for nearly one hundred years. Business cases are historical descriptions of actual business situations. Typically, information

246-531: A premium rate for MBAs. All private and autonomous institutions in Europe charge tuition. In the United States, most public college and universities charge tuition. According to the CollegeBoard, the average cost for an out-of-state, or international student, to attend a public four year university in 2020 was $ 38,330 (€32,409), while the average in-state cost was $ 21,950 (€18,559). Two year public universities, such as

287-556: A school of business, business administration, and management. Andreas Kaplan classifies business schools along four corners: The first business schools appeared in Europe in the eighteenth century and multiplied from the beginning of the nineteenth century. In the United States, common degrees in business are: Graduates in business may also have generically titled degrees such as Bachelor of Science (BS), Master of Science (MS) or Doctor of Philosophy (PhD). In Europe, higher education degrees are organized into three cycles under

328-572: A year on the international teachers programme there studying their MBA course prior to the launch of Durham's MSc in Management Services (now the MBA) in 1967. Shortly after this the business school, which had operated as part of the department of economics, became a department in its own right in October 1968, with members of the school continuing to participate in undergraduate teaching on business topics in

369-536: Is presented about a business firm's products, markets, competition, financial structure, sales volumes, management, employees and other factors influencing the firm's success. The length of a business case study may range from two or three pages to 30 pages, or more. Students are expected to scrutinize the case study and prepare to discuss strategies and tactics that the firm should employ in the future. Three different methods have been used in business case teaching: When Harvard Business School started operating in 1908,

410-559: Is run by the European Foundation for Management Development . It is considered as one of the triple accreditation . EQUIS has accredited 210 institutions in 45 countries around the world. In 2022, Equis suspended all higher education institutions in Russia from its ranking. EQUIS' directors in 2018 were Ulrich Hommel and David Asch. As of 2022, the EQUIS director is Alfons Sauquet. In

451-495: Is the Tepper School of Business at Carnegie Mellon University . The goal is to provide students a set of tools that will prepare them to tackle and solve problems. Another important approach used in business school is the use of business games that are used in different disciplines such as business, economics, management, etc. Some colleges are blending many of these approaches throughout their degree programs, and even blending

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492-565: The Bologna Process in order to facilitate international mobility: bachelor's , master's and doctorates . The details of how degrees are organized vary between countries and institutions, but in terms of ECTS credits , where 60 credits represents a full academic year's work, a bachelor's degree typically requires 180–240 credits and a master's degree 90–120 credits. In France, those levels of study include various "parcours" or paths based on UE ( unités d'enseignement or modules), each worth

533-690: The London Business School and the Alliance Manchester Business School ) and, crucially for Durham, minor business schools elsewhere in the country as warranted by demand. Charles Baker, a lecturer in the Department of Psychology at Durham since 1961 and a member of the BRU, used this to argue for the establishment of a business school. He was able to obtain funding from the Foundation for Management Education (FME) for two lectureships within

574-524: The Manpower Services Commission 's New Enterprise Programme, training people in how to start their own business. In 1994, the school's MBA programmes were accredited by the Association of MBAs (AMBA). This was followed by EFMD Quality Improvement System (EQUIS) accreditation in 2005 and Association to Advance Collegiate Schools of Business (AACSB) accreditation in 2009. In January 2002,

615-568: The University of York also withdrew his DPhil after carrying out its own plagiarism enquiry. The school launched a part-time Doctor of Business Administration (DBA) degree in 2002 as a post-experience professional doctorate. In 2006 it formed a partnership to deliver the DBA at Fudan University in China, with the first students starting in 2007. As of 2023, Fudan remains the main location, but some elements of

656-505: The BRU in order to offer post-experience courses to managers. A precursor to these courses was the Advanced Management Program run in 1964 at Bede College, Durham by lecturers from Harvard Business School , before the first courses offered by the BRU, under the name of Durham University Business School, were launched at Easter 1965, also at Bede College. The founding staff in the business school were Odber and Baker along with

697-748: The Durham Innovation District, announced in 2023 as a partnership between Durham County Council and Durham University, also taking in the Durham City Incubator , Atom Bank and the Aykley Heads Business Park, as well as Durham railway station on the East Coast Main Line . The business school's department of management and marketing is expected to move into the Waterside Building for the 2024/25 academic year, with

738-543: The Global DBA: Durham–emlyon as a part-time executive doctoral programme. In 2019, Durham University Business School became the fourth faculty of the university. In 2022, the Waterside Building, on the River Wear north of the city centre, which had been developed as a new headquarters for Durham County Council , was sold to Durham University as a new home for the business school. The Waterside Building falls within

779-514: The UK Government's Darlington Economic Campus. The university holds full UK degree-awarding powers which are audited by the UK's Quality Assurance Agency for Higher Education . Additional recognition for courses in the business school is provided by accreditation with several organisations at the national and international level, such as the Association to Advance Collegiate Schools of Business of

820-807: The United States – AACSB , the European Quality Improvement System in Europe – EQUIS , and the Association of Masters of Business Administration of the United Kingdom – AMBA . In 2020, the Financial Times ranked the Online MBA 7th in the world and the Global MBA 63rd in the world. Also in 2020, the pre-experience Masters in Finance was ranked 49th in the world and the Master's in Management 63rd in

861-685: The United States: ACBSP , AACSB , and the IACBE . In Europe , the EQUIS business school accreditation system is run by the EFMD , which sometimes applies the more narrow EPAS label to specific courses. The AMBA accredits MBA programmes and other post-graduate business programmes in 75 countries; its sister organisation the Business Graduates Association (BGA), accredits business schools, based on

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902-622: The business school moved from Old Elvet to Mill Hill, with money raised from industry being used to construct a purpose-built residential business school. The 1980s saw the MSc become the MBA (1986), and the launch of the distance-learning MBA (by 1989). In the early 1980s, the school was one of four in the country (along with London, Manchester and the Scottish Business School in Glasgow) chosen to deliver

943-418: The controversy that surrounds the learning method. There are also several business schools which still rely on the lecture method to give students a basic business education. Lectures are generally given from the professor's point of view, and rarely require interaction from the students unless notetaking is required. Lecture as a method of teaching in business schools has been criticized by experts for reducing

984-643: The course are also delivered at Durham and in San Francisco , USA. Also in 2007, the school formed a partnership with the EBS University of Business and Law in Germany to deliver its Executive MBA course, after a previous partnership with Provadis in Germany ended. The Executive MBA is a dual award made by both universities. A further DBA partnership was established in 2018 with Emlyon Business School in France, launching

1025-477: The department of economics was merged into the business school and Professor Tony Antoniou, previously chair of the department of economics, was appointed as the sixth dean of the school. He resigned as dean in September 2007 and was suspended as a professor of finance in October 2007 after allegations of plagiarism were upheld by a university panel. In March 2008, Antoniou was dismissed by the university for misconduct;

1066-496: The departments of accounting, economics, finance, and management and marketing, as well as twelve research centres. Business teaching at Durham University dates back to 1913, when a faculty of commerce was established at Armstrong College in the Newcastle division of the then-federal university. In 1963 this, along with the rest of the Newcastle division, became part of the newly constituted Newcastle University , leaving Durham without

1107-576: The departments of economics and engineering science. In 1970 the business school appointed the first specialised lecturer in small businesses in the UK. Durham was now well established as a business school, and when the Conference of University Management Schools (now the Chartered Association of Business Schools) was formed in 1971, Durham was one of the twelve founder members. Baker became the first Professor in Management at Durham in 1975. In 1977,

1148-519: The faculty realized that there were no textbooks suitable for a graduate program in business. Their first solution to this problem involved interviewing leading practitioners of business and writing detailed accounts of what these managers were doing, based partly on the case method already in use at Harvard Law School . Of course, the professors could not present these cases as practices to be emulated, because there were no criteria available for determining what would succeed and what would not succeed. So

1189-669: The impact they make on students, employers and the wider community and society, in terms of ethics and responsible management practices. Triple accreditation is used to indicate that a school has been accredited by these three bodies: AACSB, AMBA, and EQUIS. About 1% of business schools are triple-accredited. Each year, organizations and publications such as Bloomberg Businessweek (US), Corporate Knights (Canada), Eduniversal (France), Financial Times (UK) and Quacquarelli Symonds (UK) publish rankings of business schools and MBA programs that, while sometimes controversial in their methodologies, nevertheless can directly influence

1230-484: The incentive and individualism in the learning experience. In addition to teaching students, many business schools run Executive Education programs. These may be either open programs or company-specific programs. Executives may also acquire an MBA title in an Executive MBA program within university of business or from top ranked business schools. Many business schools seek close co-operation with business. There are three main accreditation agencies for business schools in

1271-457: The level of education pursued, from €183 (US $ 216) per year for undergraduate and up to €388 (US$ 459) for doctorates. Tuition fees in the United Kingdom were introduced in 1998 and are £9,250 annually for undergraduate courses for home students in England, with higher fees for students who are not domiciled in the UK. Postgraduate courses in the UK often have higher fees, and many universities charge

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1312-549: The method of delivery for each of these approaches. A study from by Inside Higher Ed and the Babson Survey Research Group shows that there is still disagreement as to the effectiveness of the approaches but the reach and accessibility is proving to be more and more appealing. Liberal arts colleges in the United States like New England College , Wesleyan University , and Bryn Mawr College are now offering complete online degrees in many business curricula despite

1353-515: The other departments remaining at the current Mill Hill location. 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 school has pioneered

1394-520: The past 20 years of existence, the organization has accredited 189 institutions in 45 countries. The accreditation is awarded to business schools based on general quality. The process also takes into account the business school's level of internationalization, which is not a strict requirement for accreditation by the other two major international accreditation bodies: AACSB and AMBA . As of 2014, all fully accredited EQUIS business schools applying for AACSB accreditation have succeeded, which has not been

1435-414: The prestige of schools that achieve high scores. Academic research is also considered to be an important feature and popular way to gauge the prestige of business schools. Business schools share the common purpose of developing global managerial talent and to this end, business schools are encouraged to accelerate global engagement strategies on the foundations of collaboration and innovation. In Europe,

1476-608: The professors instructed their students to read the cases and to come to class prepared to discuss the cases and to offer recommendations for appropriate courses of action. The basic outlines of this method still operate in business-school curricula as of 2016 . In contrast to the case method some schools use a skills-based approach in teaching business. This approach emphasizes quantitative methods, in particular operations research , management information systems , statistics , organizational behavior, modeling and simulation , and decision science . The leading institution in this method

1517-551: The two lecturers funded by the FME, John Constable and John Machin, both of whom were recruited from industry. The first head of the business school, as head of the BRU in 1965, was Odber. He left for industry at the end of 1965 and was succeeded by Baker, who remained in post until 1984. In December 1966, the BRU formally changed its name to "the Business School". The connection to Harvard continued, with both Constable and Machin spending

1558-399: The use of a virtual campus on the technology platform Gather Town to improve networking for students on the online MBA course. In the 2021 Research Excellence Framework , Durham was ranked 21st of 108 institutions on grade point average (GPA) for business and management studies, with a GPA of 3.32 (compared to an average across the unit of assessment of 3.12). In terms of research power, it

1599-508: The world. The Economist ranked the MBA 37th overall (2nd in the UK) in 2021 in a global list of schools which excluded six of the nine UK schools ranked by the Financial Times . The ranking placed Durham University Business School ahead of Nottingham University Business School . The Economist ranked Durham University's Master's in Management 27th in the world in 2017. The Durham Global MBA

1640-519: Was also placed 11th in the world and 5th in the UK by the 2015 QS Distance Online MBA Rankings , while the Executive MBA was ranked 49th in the world by the 2013 Economist EMBA Ranking . The school has around 25,000 alumni from over 150 countries worldwide. The following individuals are alumni (listed by first name order and qualifications with year of graduation if known) Business school There are several forms of business schools, including

1681-605: Was ranked 14th. It was also 14th in terms of number of research-active staff, with 123 full-time equivalent academics entered. The school has twelve research centres: The Durham Research in Economic Analysis and Mechanisms research centre has a microeconomics research and skills development partnership with the research and evaluation division of the Competition and Markets Authority , the Microeconomics Unit, based at

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