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London Business School has signed a deal with China’s State Administration of Foreign Exchange (Safe), one of the world’s largest sovereign wealth funds, to enrol some of Safe’s employees on LBS’s top-ranking degree programmes. In particular, the deal will cover the school’s Masters in Finance degree and also the MBA.
Employees at Safe, the administrative agency that drafts the regulations governing foreign exchange market activities and manages foreign exchange reserves, are no strangers to LBS. Several portfolio managers in Safe’s Reserve Management Department are already alumni of its Masters in Finance programme.
Wendy Alexander, associate dean for degree programmes, says she is looking forward to developing the relationship afforded by the memorandum of understanding between the two organisations. “To have a financial institution of such critical importance to the global economy as Safe sponsoring its highly talented employees through our programmes is a fantastic endorsement for London Business School,” she says.
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