Manchester Business School

According to the Financial Times 2018 Global MBA Rankings, its M.B.A programme is ranked 10th in Europe, 36th in the world and 4th in the UK. Its "MSc International Business and Management" programme has been ranked 20th in the world; "MSc Business Analytics" 6th and "MSc Finance" 18th, as per the QS World University Ranking 2018. It includes departments from both the former Victoria University of Manchester's Faculty of Business Administration, and from UMIST. The "new" MBS was formed in 2004 as a result of the merger of UMIST's Manchester School of Management, the Institute of Innovation Research (IoIR), the Victoria University of Manchester's School of Accounting and Finance, and the "old" Manchester Business School. Prior to merger the constituent parts of new MBS formed, from 1994, the "Manchester Federal School of Business and Management". and occupied nearby buildings either side of Oxford Road The foundation of the School dates back to 1918 when the Manchester Municipal College of Technology (as UMIST was then called) pioneered academic training in management, with the formation of a Department of Industrial Administration funded by an endowment from asbestos magnate Sir Samuel Turner. The London School of Economics and Manchester Municipal College of Technology were the first higher education institutions in the UK to follow the US trend of offering postgraduate management programmes in the 1930s. The Department of Industrial Administration was heavily influenced by management science pioneer Charles Garonne Renold. The Robbins Report in the 1960s recommended that two national centres for postgraduate business education be created, and the Franks Reportsubsequently suggested that one would be in London centred on the University of London, and one in Manchester centred on the (Victoria) University and UMIST. As a result, Manchester was one of the first two business schools in the UK offering MBA degrees. On 21 September 2015, MBS changed its name to Alliance Manchester Business School, following a donation from Lord Alliance of Manchester and his fellow Trustees of the Alliance Family Foundation.