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The LSBF Group is a UK-based group of private
for-profit education For-profit education (also known as the education services industry or proprietary education) refers to educational institutions operated by private, Profit (economics), profit-seeking businesses. For-profit education is common in many parts of the ...
al institutions whose "hub" institution is the London School of Business and Finance (LSBF). The group also includes the London College of Contemporary Arts (LCCA) and the LSBF School of English (later rebranded as The Language Gallery). They are all owned by
Global University Systems Global University Systems B.V. (GUS) is a for-profit private limited company registered in the Netherlands. As a corporate group, it owns and operates several private for-profit colleges and universities in the UK, Canada, Israel and Europe, as w ...
(GUS).


Background

The institutions of the LSBF Group, which describe themselves as "educational partners", are owned by Global University Systems BV, a
private limited company A private limited company is any type of business entity in Privately held company, "private" ownership used in many jurisdictions, in contrast to a Public company, publicly listed company, with some differences from country to country. Example ...
based in the Netherlands.Morgan, John (17 April 2014
"Private college goes Dutch but says profits are taxed in UK"
''
Times Higher Education ''Times Higher Education'' (''THE''), formerly ''The Times Higher Education Supplement'' (''The THES''), is a British magazine reporting specifically on news and issues related to higher education. Ownership TPG Capital acquired TSL Education ...
''. Retrieved 5 May 2016.
The founder, CEO, and majority shareholder of Global University Systems is the Russian-born entrepreneur Aaron Etingen who founded the London School of Business and Finance in 2003. LSBF Group is one of the largest private education providers in the UK. According to ''
The Guardian ''The Guardian'' is a British daily newspaper. It was founded in Manchester in 1821 as ''The Manchester Guardian'' and changed its name in 1959, followed by a move to London. Along with its sister paper, ''The Guardian Weekly'', ''The Guardi ...
'', after the market reforms of post-secondary education introduced by UK higher education minister
David Willetts David Linsay Willetts, Baron Willetts, (born 9 March 1956) is a British politician and life peer. From 1992 to 2015, he was the Member of Parliament representing the constituency of Havant in Hampshire. He served as Minister of State for Uni ...
, the group expanded rapidly.
St Patrick's College, London St Patrick's College (also known as St Patrick's International College) is a For-profit education, for-profit private higher education college based in the United Kingdom with its main campus located at Tower Hill in London. The college offers H ...
was also describing itself as "a member of the LSBF Group" in 2012 after it was bought by Etingen's company Interactive World Wide Limited. Together, the London School of Business and Finance and St Patrick's grew from 50 government-funded students in 2011 to approximately 6000 over the next two years. In 2013 LSBF and St Patrick's College collectively netted £13.5m in tuition fee payments, with their students receiving a total of £49m in government loans and grants.Malik, Shiv; McGettigan, Andrew; Domokos, John (30 May 2014)
"Lecturers claim private college puts profits first"
''
The Guardian ''The Guardian'' is a British daily newspaper. It was founded in Manchester in 1821 as ''The Manchester Guardian'' and changed its name in 1959, followed by a move to London. Along with its sister paper, ''The Guardian Weekly'', ''The Guardi ...
''. Retrieved 5 May 2016.
None of the LSBF Group's institutions have degree-awarding powers. As of 2016, their degree programs are validated by the Italian private online university Università telematica internazionale UniNettuno or the Paris-based institution École d'Art Maryse Eloy/Mod'Art International, depending on the subject. In September 2015 the LSBF Group had its license to recruit non-European international students suspended by the UK government.Morgan, John (3 September 2015)
"LSBF licence to sponsor overseas students suspended"
''
Times Higher Education ''Times Higher Education'' (''THE''), formerly ''The Times Higher Education Supplement'' (''The THES''), is a British magazine reporting specifically on news and issues related to higher education. Ownership TPG Capital acquired TSL Education ...
''. Retrieved 5 May 2016.
That same month Global Education Systems announced plans for a two-year restructuring process of the group set to begin in mid-2016. According to John Cox, director of organisational development at GUS, the plan involves LSBF and its LCCA division coming under a new vocational entity offering only diploma courses, short courses and corporate training products. The vocational courses delivered by St Patrick's College and the Birmingham-based Finance Business Training would also come under this division. The University of Law would become sole provider of academic qualifications and professional qualifications, including the master's degrees previously offered by the LSBF Group.Custer, Sara (25 September 2015)
"Global University Systems to restructure"
''The Pie'' (Professionals in International Education). Retrieved 5 May 2016.


Principal members


London School of Business and Finance (LSBF)

Not to be confused with
London Business School London Business School (LBS) is a business school and a constituent college of the federal University of London. LBS was founded in 1964 and awards post-graduate degrees (Master's degree, Master's degrees in management and finance, Master of B ...
or
London School of Economics The London School of Economics and Political Science (LSE), established in 1895, is a public research university in London, England, and a member institution of the University of London. The school specialises in the social sciences. Founded ...
, the London School of Business and Finance was founded in 2003 by Aaron Etingen.Huggins, Donata ( 29 October 2010)
"A man schooled for big business"
''
City A.M. ''City AM'' is a free business-focused newspaper distributed in and around London, England, with an accompanying website. In January 2025, it had a monthly online readership of 4m. In 2023 it had a print circulation of 67,714. History ''City ...
''. Retrieved 5 May 2016.
It is located in central London with an international branch in
Singapore Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...
. Formerly, it had additional branches in Manchester and Birmingham (branded as Finance Business Training or FBT) in the UK and in
Toronto Toronto ( , locally pronounced or ) is the List of the largest municipalities in Canada by population, most populous city in Canada. It is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a p ...
, Canada. As of 2019 it offered executive and corporate training, several undergraduate and graduate courses including an MBA validated and awarded by the Università telematica internazionale UniNettuno, and preparation for the ACCA, qualifications through its Finance Business Training division.


London College of Contemporary Arts (LCCA)

Founded in 2011 by Aaron Etingen and the Israeli cellist
Sagi Hartov Sagi Hartov () is a cellist born in Israel with duel British and Israeli citizenship. He is the founder of the Ernest Bloch classical competition. Hartov has been a member of the London Mozart Trio.London Mozart Trio"Biography" Retrieved 16 Jul ...
who serves as its dean and director, the college is located in Holborn area of London and shares its campus with the London School of Business and Finance. According to a March 2015 review by the
Quality Assurance Agency for Higher Education The Quality Assurance Agency for Higher Education (usually referred to simply as the Quality Assurance Agency or QAA) is the United Kingdom higher education sector's independent expert quality body. It has a remit to maintain and enhance the qu ...
, LCCA is a school of LSBF, not an independent college. However, the reviewers noted that LCCA's prospectuses and website did not make this clear, and many students were unaware that they were actually enrolled in LSBF which had been presented simply as an "educational partner" of the college. As of 2019, LCCA (including its School of Fashion and Design division) offered continuing professional development and vocational training in various arts-related areas as well as undergraduate and post-graduate degrees delivered and validated by a number of UK and European institutions. It also offers one-to-one sessions with people working in various sectors of the fashion industry and work placement options.


LSBF School of English

The school began in 2008 as an adjunct to the London School of Business and Finance to provide English-language training for its students. Its original home was in the
Bloomsbury Bloomsbury is a district in the West End of London, part of the London Borough of Camden in England. It is considered a fashionable residential area, and is the location of numerous cultural institution, cultural, intellectual, and educational ...
area of London, and it subsequently established branches in Manchester and Birmingham in the UK and in Toronto, Canada. By 2013 it was catering to a total of 3,000 students. In 2014 it was re-branded as The Language Gallery. The school offers courses in general English and English for business purposes as well as preparation classes for the
IELTS International English Language Testing System (IELTS ) is an international standardized test of English language proficiency for non-native English language speakers. It is jointly managed by the British Council, IDP and Cambridge English, ...
,
Cambridge Cambridge ( ) is a List of cities in the United Kingdom, city and non-metropolitan district in the county of Cambridgeshire, England. It is the county town of Cambridgeshire and is located on the River Cam, north of London. As of the 2021 Unit ...
and
TOEFL Test of English as a Foreign Language (TOEFL ) is a standardized test to measure the English language ability of non-native speakers wishing to enroll in English-speaking universities. The test is accepted by more than 11,000 universities an ...
exams. With the acquisition of GISMA Business School by LBSF's parent company Global University Systems in 2013, a further campus was established in
Hannover Hanover ( ; ; ) is the capital and largest city of the States of Germany, German state of Lower Saxony. Its population of 535,932 (2021) makes it the List of cities in Germany by population, 13th-largest city in Germany as well as the fourth-l ...
, Germany which provides German-language training and preparatory courses for the TestDaF language proficiency certificates. The Language Gallery's UK branches are accredited by the
British Council The British Council is a British organisation specialising in international cultural and educational opportunities. It works in over 100 countries: promoting a wider knowledge of the United Kingdom and the English language (and the Welsh lang ...
.
British Council The British Council is a British organisation specialising in international cultural and educational opportunities. It works in over 100 countries: promoting a wider knowledge of the United Kingdom and the English language (and the Welsh lang ...

Accredited centres - L
Retrieved 5 May 2016.


References

{{Reflist, 30em For-profit universities and colleges in Europe Further education colleges in London Higher education colleges in London Training companies of the United Kingdom Education companies of the United Kingdom Global University Systems