Imperial College London business school


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Imperial College London business school

Imperial College Business School is a triple accredited business school located in London, United Kingdom and is one of the schools of Imperial College London. The business school was opened in 2004 by Queen Elizabeth II.[1] It is based at Imperial’s main South Kensington campus in West London.


Management Science Taught (1955–1971)

The business school can trace its earliest origins to 1955, when the Operational Research/Management Science (ORMS) course started at Imperial in the Production Engineering Section of the Mechanical Engineering Department.[2] There were only 5 students enrolled when the programme commenced in October 1955 at 14 Prince’s Gardens, with an arrangement in place for students to be able to attend one-day intensive economics and accounting courses for one or two terms at the London School of Economics.[2] The agreement became a reciprocal one lasting until 1966. In the mid-1960s, there was even the idea of creating a joint School of Administration, Economics and Technology (between Imperial and LSE) but this was ultimately rejected in favour of a new graduate school of business being started in the capital (and another in Manchester, now known as the Alliance Manchester Business School) in line with Lord Frank’s 1963 report recommendations.[3] Imperial and LSE acted as co-sponsors in the establishment of this new school, named the London Graduate School of Business Studies and now known as the London Business School.[2] Accordingly, the London Business School’s first academic planning board included the heads of Imperial College and LSE.

Department of Management Science (1971–1987)

From the ORMS course, a Department of Management Science (DMS) was established at Imperial in 1971, under the leadership of Samuel Eilon.[5] The department was composed of staff and students from Imperial’s Industrial Sociology Unit and at its inception had 15 academic staff and around 60 students on an MSc course.[5] Over subsequent years the department grew and its focus shifted towards business studies.[5]

School of Management (1987–2003)

In 1987 the Department of Management Science was merged with Imperial’s Department of Social and Economic Studies to form a new School of Management, based in 2 large Victorian houses on Exhibition Road.[6] David Norbun was the first Director.[6] The School launched a new three-year part-time Executive MBA course.[7]

Imperial College London business school

Tanaka Business School (2003–2008)

In 2000 Gary A. Tanaka, an alumnus of Imperial, agreed to make a substantial donation to the college.[7] It was decided to utilise the donation, together with other resources, to fund the transformation of the School of Management into a research-led business school.[7] Tanaka ultimately donated a total of £27 million to Imperial, of which £25 million went to the new business school, in what was at the time the largest single donation to any European business school.[8][9] The new Tanaka Business School was launched in 2003, with David Begg as Director.[7]

Imperial College Business School (2008–present)

In August 2008 the school was renamed Imperial College Business School because the old name did not strongly emphasise its association with the College. The school’s accommodation was subsequently named “the Tanaka Building”.[10] An alternative speculation is that the college changed the name of the school to distance itself from Tanaka’s fraudulent activities[11] after he was tried and found guilty of conspiracy, securities fraud and investment adviser fraud in the same year.

In March 2013 the British hedge fund manager and Imperial alumnus Alan Howard donated £20.1 million to fund the establishment of a finance research centre, the Brevan Howard Centre for Financial Analysis.[12]

Imperial College London business school

For further information contact:

Susie Haywood
Press and PR Manager, Tanaka Business School
Tel:+44 (0)20 7594 9154
Mob:+44 (0)7739 851 881