Cass Business School, part of London’s City University, will begin teaching short executive programmes in new premises in the City, London’s financial heartland, from September. Plans for the additional facilities, in a refurbished building behind St Paul’s Cathedral and 10 minutes walk from the school’s main postgraduate campus, were agreed at the end of 2012.
The announcement follows that of London Business School in November that it is to expand by taking over Old Marylebone Town Hall, the location for many celebrity weddings, including that of Sir Paul McCartney. The refurbished premises, which will be in addition to LBS’s current home in Regents Park, are expected to be open in 2017.
Cass’s business plan includes increasing revenues from executive short courses from £3.5m to £10m following the expansion. As well as short courses, Cass will teach its Executive MBA on the Aldersgate Street campus as well as running its consultancy services from there. The full-time MBA will continue to be taught from Cass’s Bunhill Road campus, opened just a decade ago, which will be refurbished.
“I think this is probably the biggest change since moving into Bunhill Road in 2002,” says newly-appointed dean Steven Haberman. The school is planning to expand MBA, undergraduate and executive teaching, he says, and to support that he is planning to hire between 35 and 40 new professors and teaching staff.