GUS purchases ULaw, new LSBF MBA in Singapore

29 June, 2015


The Global University Systems (GUS) private higher education group has acquired the University of Law in the UK. Meanwhile, the London School of Business and Finance – part of the GUS group – has announced the first MBA programme at its Singapore campus.



RathaKrishnan Govind, Managing Director of LSBF in Singapore, part of the Global University Systems (GUS) Group


Following the acquisition, the University of Law (ULaw) will continue to operate as a distinct academic institution with the same governance structures. ULaw dates back to 1876 and nine years ago was the first independent provider in the UK to be granted degree-awarding powers. The institution, which has seven campuses across the country, was granted university title in November 2012.

GUS has announced it will initiate a strategic options review of all of its UK businesses, which will consider the optimal structure for the combined ULaw/GUS Group.

In a company statement, GUS said, “It [the review] will look at whether existing GUS UK entities can benefit from ULaw’s proven approach to quality assurance, enhancement and the attainment of the highest standards of regulatory compliance. The review will report to the GUS UK and ULaw boards. This process may see re-alignment of some, or all, of GUS UK’s existing businesses under the umbrella of ULaw.”

Aaron Etingen, Founder and Executive Chairman of GUS, said, “The acquisition of the University of Law adds an asset of unique strategic value to GUS. The options review exercise will deliver us a blueprint for one of the most comprehensive private universities in Europe. Having ULaw ultimately provide a proven governance and quality framework for GUS UK’s interests is a major benefit to us and will further enhance the impact of our work with students and employers alike.”

Former Education Secretary David Blunkett will chair the university. “I am looking forward to joining the University of Law as Chair of what will continue to be a strong and independent board of directors. This combination of the global reach and resources of GUS with the record and strengths of ULaw will enable us to accelerate delivery of the university’s existing and ambitious plans for international growth, diversification and further enhancement of the student experience.”

The acquisition complements the recent addition of the University Canada West in Vancouver to the GUS group.

Meanwhile, the London School of Business and Finance (LSBF) in Singapore has announced its first MBA programme, to be delivered in partnership with Concordia University Chicago from October.

Targeted at young professionals and graduates looking to further their business and management skills, the multiple-intake course covers 14 modules ranging from marketing and operations to corporate finance and statistics and will include a total of 318 contact hours.

“Singapore is consistently ranked as one of the top cities to live, work and study, with excellent infrastructure and fantastic career opportunities. This programme brings the dream of holding an American MBA within the reach of students and professionals living and working in Asia,” said RathaKrishnan Govind, Managing Director of LSBF in Singapore. “We’re very happy to be working with Concordia University Chicago to deliver this exclusive programme in our campus.”

 

Print This Page Close Window Archive