Louvain School of Management

The Louvain School of Management (LSM, formerly IAG) is the international business school of the University of Louvain (UCLouvain), Belgium, founded in 1897. The faculty offers courses on the campuses of Louvain-la-Neuve, UCLouvain FUCaM Mons and UCLouvain Charleroi.

Louvain School of Management
Former names
École des sciences commerciales et consulaires (1897 - 1972)
Institut d'administration et de gestion (1972 - 2005)
MottoExcellence and Ethics in Management
TypePublic university faculty
Established1897 (1897)
Parent institution
UCLouvain
DeanProf. Per J. Agrell
Vice DeansProfs. Philippe Grégoire (LLN), François Fouss (Mons), Ingrid Poncin, Ina Aust-Gronarz
Academic staff
175
Administrative staff
40
Students1346 (2018, graduate)
Undergraduates347 (2018)
Postgraduates513 (2018)
60 (2018)
Other students
250
Location
Louvain-la-Neuve, Mons, Charleroi
,
Belgium[1]

50.66831°N 4.61244°E / 50.66831; 4.61244
ColoursLouvain blue and LSM gold    
AffiliationsEQUIS, CEMS, PIM
Websitelsm.be
LSM Logo

The school is accredited by the European Quality Improvement System (EQUIS) and is the Belgian member of the Community of European Management Schools (CEMS). [2] [3] [4]

LSM offers Bachelor's and Master's degrees (Master in Management Science and Master in Business Engineering), PhD programs and conducts research in Economics and Management Sciences and Executive Education Programs, including an Executive Master Program in Business Administration.

The core faculty comprises 55 professors (all of them having a PhD degree), and around 150 visiting faculty members from corporate world or other universities. The school is also affiliated with two research and development institutes, the Louvain Research Institute in Management and Organizations and Louvain Institute for Data Analysis and Modelling with over 100 active PhD and Post-Doctoral researchers.

History

The Louvain School of Management was founded in 1897 under the name "école des sciences commerciales et consulaires" as a department of UCLouvain. In 1972 it became the "Institut d'Administration et de Gestion" (lAG), under the Faculty of Economic, Social and Political Sciences and Communication.[5][6]

In 1989 the School started to offer a systematic exchange program. It is a member since 1989 of the CEMS network and since 1990 of the PIM network.[7][8] It is also affiliated through the University to a large number of international corporate, research and education networks such as CLUSTER or COIMBRA.

In 2005 it became an autonomous part of UCLouvain and started to brand itself internationally as the Louvain School of Management. In 2006 it launched its International executive MBA. It became an independent faculty in 2010.

In 2011, LSM merged with the department of management of the Facultés universitaires catholiques de Mons (now UCLouvain FUCaM Mons). So far, LSM is operating on three campuses: Louvain-la-Neuve, Mons and Charleroi.[9] Negotiations for a full merger with two other universities, the Facultés universitaires Notre-Dame de la Paix (FUNDP) located in Namur and the Facultés universitaires Saint-Louis (FUSL) located in Brussels, were halted in 2012, however the latter (UCLouvain Saint-Louis - Bruxelles) has de facto integrated UCLouvain in 2018, fully merged by September 2023.

Academic programs

The Louvain School of Management offers the following main graduate programs in French or English:[10][11]

  • Master in Management Science (120 ECTS, 2 years)
  • Master in Business engineering (120 ECTS, 2 years)
  • Master in Management (1 year) (60-75 ECTS, Master-after-Master or "Junior" MBA)
  • PhD in Economics and Management Sciences (180 ECTS, 3 years)

The Master in Business Engineering and the Master in Management Science include the following specialised tracks:

  • Master in International Management (CEMS MIM programme)
  • Master with one full year abroad (“International Business”)
  • Master with one year spent in a partner institution (Double Degree)
  • Master with a specialisation in entrepreneurship (“CPME”)

A one-year, 75 ECTS version of the Master in Business Engineering and Master in Management is also offered for foreign students with already a four- or five-year degree in management.

In addition, the school proposes elective modules in different fields: finance, marketing, European business, e-commerce, human resources, tax policy, accounting and control, supply chain management, logistics and transport, digital marketing, innovation management, technological project, business data analytics, ...

Executive Masters such as the International Executive MBA (IEMBA) are also offered.

Accreditation

Louvain School of Management holds the international accreditation EQUIS since 2006, unconditional five-year since 2019. LSM as part of UCLouvain is a higher education institute, recognized and subsidized by decree, accredited by the Belgian agency AEQES.[12]

Rankings

LSM the only Belgian school to offer the CEMS Master in International Management Program (MIM) ranked n°8 worldwide by the Financial Times in 2019 (1st position in Belgium among Masters in Management). The School is ranked #1 in Belgium by Eduniversal as the only Belgian management school with the highest rank (five palmes). In addition, the Master in Business Engineering at LSM is annually ranked in the Financial Times (70th position worldwide, three-year average 2018-2019-2020).[13]

Research

The research activities in the management faculty are carried out mainly in three research institutes of UCLouvain.

The Louvain Research Institute in Management and Organizations is organized in four research groups:

The Louvain Institute for Data Analysis and Modelling is producing management research within

The Institute for the Analysis of Change in Contemporary and Historical Societies is a larger institute with faculty from the Louvain School of Management primarily active in

International Relations

LSM has a large network of academic partners in the world, it is notably part of the CEMS, Partnership in International Management (PIM) and the 'Consortium Linking Universities of Science and Technology for Education and Research' (CLUSTER) networks.

LSM also has established double degrees agreement universities abroad, including: The University of Cologne, Aalto University School of Economics, EGADE, Norwegian School of Economics, Nova School of Business and Economics, Instituto Superior Técnico, University of Economics, Prague, Aix-Marseille University and the Fundação Getúlio Vargas. Other agreements, aimed at reducing the length of the studies for an MBA program at these universities for LSM graduates, have been signed with the University of Chicago Booth School of Business and the Samuel Curtis Johnson Graduate School of Management at Cornell University.

LSM also offers an International Business track allowing a full year abroad by combining a one-semester academic exchange with a 6-months internship in a foreign company. Most LSM's Master students undertake at least one term abroad as part of their studies in one of the 150 different universities who have agreement with the school. As well, most of the students do an internship of 3 to 6 months.

Alumni

The Louvain School of Management's alumni are grouped in the Alumni LSM association.[14] Amongst the 20 biggest Belgian companies quoted in the BEL20 index, 7 have their CEO and/or at least one member of the board who are alumni of the Louvain School of Management.

Famous alumni are:

See also

References
  1. "UCLouvain Rankings". rankings.ft.com.
  2. "EQUIS Accredited Schools". efmd.org. Archived from the original on 2017-02-27. Retrieved 2015-03-13.
  3. "Louvain School of Management (Belgium) GSOM". gsom.spbu.ru.
  4. "Louvain School of Management". cems.org.
  5. "LSM Milestones". louvainmba.com.
  6. "ESCA ecole de Management (Morocco) signs agreement with Louvain School of Management (Belgium)". esca.ma.
  7. "Louvain School of Management PIM Network". pimnetwork.org. Archived from the original on 2015-03-13. Retrieved 2015-03-13.
  8. "Université catholique de Louvain - UCL Louvain School of Management". eduniversal-ranking.com.
  9. ""Louvain School of Management" - Partnerships". louvainmba.com.
  10. "Louvain School of management Top Study Belgium". topstudybelgium.be. 27 December 2012. Archived from the original on 9 March 2015. Retrieved 13 March 2015.
  11. "Louvain School of Management NHH". nhh.no. Archived from the original on 2015-04-02. Retrieved 2015-03-13.
  12. AEQES reports
  13. "Louvain School of Management, Masters in Management 2020". Financial Times. 2020. Retrieved 28 September 2020.
  14. "Alumni Louvain School of Management". alumnilsm.be. 2010.
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