Author: GBS Marketing

Higher Education provider GBS announces the appointment of a distinguished new member to its Advisory Board, bolstering its governance and scrutiny. Joining the Advisory Board is Sir Tim Lankester. 

Sir Tim Lankester studied economics at Cambridge and Yale. In 1966, he joined the World Bank as an economist, working in Washington, D.C. and then serving in the Bank’s New Delhi office. In 1973, he joined the British civil service. He held senior positions at the Treasury: Undersecretary for monetary and financial affairs, and then as Britain’s director on the boards of the IMF, the World Bank, and the European Investment Bank. Later, he served as Permanent Secretary in Department for International Development, and finally in the Department for Education. From 1978 to 1981 he was Private Secretary (Economic Affairs) to Prime Ministers Callaghan and Thatcher. From 1981 to 1983 he was seconded from the civil service to the investment bank, S.G. Warburg. He was knighted for public service in 1994.

After retiring from the civil service in 1996, he became Director of the School of Oriental and African Studies in the University of London, from 2001 to 2009 he was President of Corpus Christi College, Oxford. During his time in Oxford, he chaired the Admissions Executive, the body responsible for the university’s undergraduate admissions system.

He chaired the Council of the London School of Hygiene and Tropical Medicine between 2008 and 2014. From 2007 to 2015 he chaired the governing body of the London Contemporary Dance Trust and was a board member of the Conservatoire for Dance and Drama. Earlier he was a governor of the Royal College of Music. For ten years he was a member of the UK-India Roundtable.

In the private sector, he has served on the boards of several major organizations: CGU plc (later renamed Aviva), Smith and Nephew plc, Mitchell and Butlers plc, and the London Metal Exchange. He chaired the board of the Simba Fund (a closed-end fund investing in Africa and managed by ING Baring) and was on the management advisory board of the private equity firm, Actis.

Currently, he is on the management board of the Sainsbury Institute for the Study of Japanese Art and Culture at the University of East Anglia He is a member of the Joint Advisory Board of Georgetown University in Doha; vice-chairman of the Tokyo-based charity Worldwide Support for Development; chairman of the Wells Maltings Trust, a multi-arts center in Norfolk; and advisor on Indonesia with the consulting firm, Oxford Analytica.

He has lectured and published articles on international aid, the 2008 international banking crisis, and on the Indian and Indonesian economies. In 2012, his book – “The Politics and Economics of Britain’s Foreign Aid: the Pergau Dam Affair” – was published by Routledge.

Higher Education provider GBS announces the appointment of a prominent new member to its Advisory Board, enhancing its governance and scrutiny. Joining the Advisory Board is Mr Stanley Johnson.

Mr Stanley Johnson is a passionate environmentalist and advocate for animal welfare, and he continues to travel the world to speak on these pressing issues. He is an ambassador for UNEP Convention on the Conservation of Migratory Species of Wild Animals. He is a recipient of the Greenpeace award for Services to the Environment and the RSPCA Richard Martin Award for Outstanding Services to Animal Welfare.

He worked at the European Commission from 1973 to 1979 as Head of the Prevention of Pollution Division. He served as Senior Adviser to DG Environment and as Director of Energy Policy from 1984 to 1994. Following this he served as MEP for Wight and Hampshire until 1982. He also served on the staff of the World Bank.

Mr Johnson has been an adviser to Price Waterhouse Coopers, a director of an environmental consultancy called ERM and a trustee of the Earthwatch Institute.

He is an accomplished novelist and prize-winning poet. He has published numerous books about environmental issues, including the Politics of the Environment, the Earth Summit and the Environmental Policy of the European Communities. He has also published nine novels, including The Commissioner which was made into a film in 1998.

Mr Johnson previously wrote a weekly column for The Guardian and continues writing for various papers and magazines, often on environmental issues. He is a literary patron of The London Magazine. He has also written an autobiography entitled Stanley, I Presume, published in 2009.

The Financial University under the Government of the Russian Federation has won this year’s Global Valuation Olympiad.

Richard Bingley, Global Banking School’s Managing Director, said:

“From several hundred team bids, this year’s winning team showed high levels of competence across all of the panel judges criteria. We congratulate the Finance School and its team members on their fine presentation, as well as the clear thinking rationale that underpinned it. This result is not just a success for the team, but demonstrates the strengths of Russia’s government education system.”

Ten teams – including from business hubs in India, Germany and Ireland – presented at a high-pressured final event hosted in the Global Banking School’s headquarters, beside Canary Wharf, a leading global banking location.

Former investment banker and GBS founder, Dr Vishwajeet Rana led the team of four judges, all of whom hold significant corporate management and leadership experience.

There has been a lot of political activity and it has been confirmed that the EU leaders have agreed in principle for the UK to remain within the EU until the end of a new three-month extension (31st January 2020).

Although the political situation remains turbulent, the underpinning values and delivery approach of GBS remains consistent. With many employees and learners from diverse, communities, GBS remains committed to delivering our leading applied business education to those who pass our independent admissions process.

GBS remain committed to lobbying with our sector peers to ensure that any new arrangements provide a favourable and supportive environment for our students and staff, particularly in relation to supporting widening participation communities, as well as access to finance for education and mobility.

The new Withdrawal Agreement agreed by the Government with the EU, but not yet agreed by the UK Parliament, will mean:

  • EU citizens’ rights are guaranteed under the UK-EU settlement scheme for those arriving until the end of the Brexit transition period
  • Full UK participation in the Horizon 2020 and Erasmus research and student mobility schemes to the end of 2020
  • To date, formal UK association to Horizon Europe and Erasmus is being negotiated in a positive mode for post-2021 access

The final presentation of the Global Investment Banking Valuation Olympiad is upon us and the final candiates have been revealed!

Final presentation is at 10am on Friday 15th November 2019 at Republic – Import Building, 2 Glove Cres, Poplar, London E14 2BE

1 Andrey Zenin Financial University under the Government of the Russian Federation
2 Sai Shravanth Reddy Birla Institute of Technology and Science, Pilani (Pilani Campus)
3 Pranjal Vaish Birla Institute Of Technology and Science, Pilani
4 Timo Paumen Heinrich-Heine Universität Düsseldorf
5 Gulsah Uslu Jacobs University Bremen
6 Akif Divrak Frankfurt School of Finance & Management
7 George Baskhaev CEMS (Graduate School of Management SPBU & University College Dublin)
8 Ojas Jhamb Shaheed Sukhdev College of business studies, University of Delhi
9 Sachit Mehrotra Indian Institute of Technology, Bombay
10 Amal Prabhakaran Indian Institute of Management, Raipur

Congratulations to candidates who have made it this far!

22 teams from university institutions around the world have successfully qualified for Stage 2 of the GBS ‘Global Valuation Olympiad’.

Richard Bingley, Manging Director of GBS, said: “Global Banking School hosts this competition each year for student teams who are tasked with valuing international firms. The finalists will come to London this Autumn and, judging from the excellent work that we have seen so far, this year’s final will be very competitive.”

Teams successfully through to Stage 2 are:

GBS and Leeds Trinity University have formed a partnership to deliver an exciting range of management degree programmes, boosted by industry work placements, across the UK.

Richard Bingley, Managing Director at GBS, said: “We are delighted to be partnering Leeds Trinity University, which is such a business-focused and community-based academic institution. Our central mission, to provide high-quality student-centred business education, is very much shared between our two respective staff teams and organisations.”

Professor Ray Lloyd, Deputy Vice-Chancellor at Leeds Trinity University, said: “Leeds Trinity University is delighted to be entering into a partnership with GBS to deliver our programmes. Our mission is to provide high-quality education to all and we work particularly hard to provide opportunities to people who have traditionally found it difficult to overcome barriers to accessing higher education. Working with GBS, who share this ambition and have strong and established community links, will allow us to be even more successful in delivering our mission and enhancing the life opportunities of our students.”

From September 2019, GBS will deliver Leeds Trinity University undergraduate and postgraduate programmes in:

  • BA (Hons.) Business and Enterprise with Foundation Year in Business (4 years)
  • BA (Hons.) Business and Enterprise (3 years)
  • BSc (Hons.) Health and Social Care with Foundation Year in Health and Care (4 years)
  • BSc (Hons.) Health and Social Care (3 years)
  • MA International Business (1 year full-time, 2 years part-time)

About Leeds Trinity University:

Leeds Trinity University is one of the top UK universities for employability. They have provided outstanding student-centred education for nearly 50 years. They have pioneered the inclusion of professional work placements with every undergraduate degree programme, giving students a real head-start when competing for their first graduate job.

About GBS:

GBS (formerly Global Banking School) began as a specialist global investment banking training institute. GBS’s vision is to change lives through education that makes a fundamental difference to living standards and access to learning.
After successfully establishing elite industry training and career-development competitions (such as the Valuation Olympiad), GBS began to deliver Business Management degree programmes. GBS now runs its own high-level business network for employers and from September 2019 will operate from city centre campus centres in London, Manchester and Birmingham.

Further information:

2019 has seen GBS notch up yet another success. Approval to join the prestigious Office for Students (OfS) Register of English higher education providers was formally confirmed yesterday (01/07/2019).

Managing Director, Richard Bingley, said: “Successfully applying for OfS registration is a sign of our professionalism and maturity as an organization. Today’s registration with OfS reflects the strength of our applied teaching portfolio and investment into resources. Moreover, we have proudly located our learning environments within some of the most challenging and diverse UK city communities.”
According to the OfS website, being registered means a higher education provider has demonstrated that it:

• provides well-designed courses that deliver a high-quality academic experience for all students
• supports students from admission through to completion
• ensures students’ outcomes are valued by employers or enable further study
• awards qualifications that hold their value over time, in line with recognised standards
• pays regard to guidance about how to comply with consumer protection law
• has a published student protection plan setting out the risks of course, campus or provider closure and how it will protect students’ interests in such an event
• has the financial resources to provide and deliver the courses advertised
• has the management and governance arrangements necessary to provide and deliver the courses advertised(OfS website, 01/07/2019).

GBS is set to unveil new course programmes and new centre facilities in London, Birmingham and Manchester for our HE learners joining us in September 2019.
Further Information:

GBS students have been celebrating Eid after lessons.

Richard Bingley, Managing Director of the Global Banking School said:

“GBS Students of all backgrounds joined in the celebrations and we are grateful
to our many learners who brought in the delicious food, cakes, and
music. We wish all of our learners a peaceful and successful academic year.”

The UK has signed continuity trade agreements with non-EU countries so that trade can continue with minimal disruption after the UK leaves the EU.

Richard Bingley, Managing Director at GBS said:

“UK news coverage around Brexit is quite emotive and personalised at present; it’s quite difficult therefore to translate the macroeconomic situation. But the solidity of these UK trade arrangements and their international reach will give UK investors and employers, some confidence about future growth, as well as opportunities for diversification.”

These countries account for 63% of trade currently covered by EU agreements for which the UK is seeking continuity.

The agreements have replicated the EU trade agreements as far as possible. However, there may be some changes to ensure that new agreements work for both countries.

Signed trade agreements
The UK has signed trade agreements with:

  • Andean countries
  • CARIFORUM trade bloc
  • Chile
  • Eastern and Southern Africa (ESA) trade bloc
  • Faroe Islands
  • Iceland and Norway
  • Israel
  • Liechtenstein
  • Pacific states
  • Palestinian Authority
  • South Korea (agreed in principle and expected to sign shortly)
  • Switzerland

The countries which will be covered by the UK-Andean Countries Trade Agreement are:

  • Colombia
  • Ecuador
  • Peru

The countries which will be covered by the UK-CARIFORUM Economic Partnership Agreement are:

  • Antigua and Barbuda
  • The Commonwealth of the Bahamas*
  • Barbados
  • Belize
  • The Commonwealth of Dominica
  • The Dominican Republic
  • Grenada
  • The Republic of Guyana
  • Jamaica
  • Saint Christopher and Nevis
  • Saint Lucia
  • Saint Vincent and the Grenadines
  • The Republic of Suriname*
  • The Republic of Trinidad and Tobago

*Approved in principle and expected to sign shortly

The countries which will be covered by the ESA-UK Economic Partnership Agreement are:

  • Madagascar*
  • Mauritius
  • Seychelles
  • Zimbabwe

*Approved in principle and expected to sign shortly

The countries which will be covered by the UK-Pacific Economic Partnership Agreement are:

  • Papua New Guinea
  • Fiji

Signed mutual recognition agreements

The UK has signed mutual recognition agreements with:

  • Australia
  • New Zealand
  • United States