London Business School excels in influential research rating
Research Assessment Exercise results rate London Business School a 'world-leader' in faculty research
London Business School has excelled in the UK-wide Research Assessment Exercise (RAE) results, published today. The RAE is conducted jointly by the higher education councils for England, Scotland, Wales and Northern Ireland. The purpose of the assessment is to produce a quality profile for the research activity of all participating UK universities. All the research submitted to the RAE is rated 4* (world-leading), 3* (internationally excellent), 2* (internationally recognised), 1* (nationally recognised) or 0 (sub-standard).
55% of the School's research received the top 4* "world-leading" rating. This was the highest percentage achieved by any university in the UK in the business and management sector. Our three closest competitors were a full 20% behind us in this top classification, with Cambridge University, Imperial College and Cardiff University each achieving a 35% 4* rating.
Our quality profile highlights across-the-board excellence in our research activities. As well as achieving the highest 4* (world-leading) rating, 30% of our research was rated internationally excellent, 10% was internationally recognised and 5% was nationally recognised. London Business School submitted research from across all our faculty and subject areas for assessment. This result demonstrates the depth and breadth of the quality of our faculty's work.
Dean Robin Buchanan commented on the results, saying: "Developing cutting edge research is a key part of London Business School's purpose. Today's result proves that the exceptional work that our faculty are doing in their myriad fields is being recognised. We always knew that our faculty and our research were world-class. It is gratifying to have this confirmed so categorically by the Research Assessment Exercise."
Aside from the obvious reputational benefits of performing so well, the quality profile compiled by the RAE is used by HEFCE (the Higher Education Funding Council for England) to determine our government grant for research in 2009-10. The decision on grant funding will be taken in March 2009.
For full details of the report please visit the RAE website.