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LBS: End of research on women
News Bäbel Schwertfeger - 06.04.2009
The “Centre for Women in Business” at the London Business School will close in June unless a corporate sponsor emerges to save it at the last second. Established in 2006, up until now the centre was supported by Lehman Brothers, the investment bank that collapsed in autumn 2008.
Lehman offered a five-year pledge of £1.75 million, but unhappily for LBS, Lehman only made its funding available annually. When the investment went into liquidation in September, it still owed the centre money, explains Lynda Gratton, the centre’s academic head. LBS covered the debt and provided funding for six months to enable the centre to seek new sponsorship, Gratton told the Financial Times. The school however does not have the capital to keep the centre going and relies on sponsorship. But the search for new sponsors has been unsuccessful up to this point.
Among other endeavors, in 2008 the London-based institute completed a study into MBA students’ attitudes and experiences. It discovered that both male and female students appeared to treat as inevitable the fact that business was done by male rules and that women played down their gender to blend in with the masculine business school environment.
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