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LBS Announces New Dean & New One-Year MBA Program

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Sergei Guriev
Sergei Guriev

Sergei Guriev, currently the Provost and Professor of Economics at L’Institut d’études politiques de Paris, has been selected as the next Dean of London Business School (LBS). He will assume the role at the beginning of the 2024/25 academic year and will also join the LBS faculty as a Professor of Economics. Professor Guriev has a diverse background, previously heading the New Economics School in Moscow and serving as the chief economist at the European Bank of Reconstruction and Development. He is known for his academic excellence and contributions to economics and politics, with research spanning the economics of development and transition economies, political economy of populism and autocracy, the role of social media, long-run development and structural transformation, corporate governance and finance.

In response to his appointment, Professor Guriev expressed excitement, saying, “I strongly support the School’s mission and values, and am looking forward to working together with LBS’s outstanding team and alumni to make an impact on the way the world does business and the way business impacts the world in the rapidly evolving global environment.”

The decision to appoint him was made after a rigorous search process, seeking a Dean with exceptional capabilities and global experience. Professor Guriev will succeed Dean François Ortalo-Magné, who has held the post since August 2017 and led LBS through the challenges posed by the Covid-19 pandemic. François Ortalo-Magné will transition to a new role as a Professor of Management Practice in the LBS Faculty and Executive Dean for External Relations.

New One-Year MBA for MiM Candidates

LBS is launching a One-year MBA program starting in August 2025, designed for candidates who hold a Masters in Management (MiM) or equivalent from an accredited university/business school. This innovative program is open to graduates who have completed their MiM or equivalent at least three years prior and have demonstrated high-quality work experience with a strong track record of achievement.

LBS is the first European business school to offer a one-year MBA with these prerequisites, addressing changing trends in graduate education. The program includes a pre-programme to ensure candidates cover relevant core concepts and short core courses that refresh their knowledge and apply it to contemporary business challenges.

Graham Hastie, Associate Dean of Degree Education at LBS, says, “The new programme is an exciting way to meet the demand from top quality Masters in Management graduates for a one-year programme, in a way that is complementary to our flagship two-year MBA and that maintains the world-class LBS learning experience.  We are particularly excited about the opportunities the innovative core courses will give students to apply their learning to contemporary business issues.”  Core courses will focus on topics like the changing business environment, the evolving role of business in society, and how to drive change in the business world. Applications for this program will open in July 2024.

Lauren Wakal
Lauren Wakal has been covering the MBA admissions space for more than a decade, from in-depth business school profiles to weekly breaking news and more.