Sir Alex Ferguson, the former Manchester United manager, has agreed to become an academic at Harvard, the Ivy League university has announced.
The Scot gave a lecture on his management style at the university's business school in 2012 and now he has been appointed on a "long-term teaching position".
Ferguson, the most successful British manager of all time, will lecture senior executives from around the world as part of a new programme called 'The Business of Entertainment, Media and Sports'.
Ferguson bowed out after 1,500 games in charge of United last year
"I'm delighted to have the opportunity and privilege to contribute to such a respected centre of excellence," the former Manchester United manager said.
"The time I have already spent at Harvard has been a stimulating experience and I look forward to developing my relationship and activities with the students, faculty and friends of the Harvard Business School community."
Sir Alex Ferguson's final game
West Bromwich Albion v Manchester United - Premier League(01 of34)
WEST BROMWICH, ENGLAND - MAY 19: Manchester United manager Sir Alex Ferguson is applauded by players after his 1,500th and final match in charge of the club following the Barclays Premier League match between West Bromwich Albion and Manchester United at The Hawthorns on May 19, 2013 in West Bromwich, England. (Photo by Richard Heathcote/Getty Images) (credit:Getty Images)
West Bromwich Albion v Manchester United - Premier League(02 of34)
WEST BROMWICH, ENGLAND - MAY 19: Manchester United manager Sir Alex Ferguson is applauded by players after his 1,500th and final match in charge of the club following the Barclays Premier League match between West Bromwich Albion and Manchester United at The Hawthorns on May 19, 2013 in West Bromwich, England. (Photo by Richard Heathcote/Getty Images) (credit:Getty Images)
West Bromwich Albion v Manchester United - Premier League(03 of34)
WEST BROMWICH, ENGLAND - MAY 19: Manchester United manager Sir Alex Ferguson is applauded by players after his 1,500th and final match in charge of the club following the Barclays Premier League match between West Bromwich Albion and Manchester United at The Hawthorns on May 19, 2013 in West Bromwich, England. (Photo by Richard Heathcote/Getty Images) (credit:Getty Images)
West Bromwich Albion v Manchester United - Premier League(04 of34)
WEST BROMWICH, ENGLAND - MAY 19: Manchester United manager Sir Alex Ferguson applauds the crowd as Ryan Giggs reacts (R) after his 1,500th and final match in charge of the club following the Barclays Premier League match between West Bromwich Albion and Manchester United at The Hawthorns on May 19, 2013 in West Bromwich, England. (Photo by Richard Heathcote/Getty Images) (credit:Getty Images)
West Bromwich Albion v Manchester United - Premier League(05 of34)
WEST BROMWICH, ENGLAND - MAY 19: Manchester United manager Sir Alex Ferguson applauds the crowd after his 1,500th and final match in charge of the club following the Barclays Premier League match between West Bromwich Albion and Manchester United at The Hawthorns on May 19, 2013 in West Bromwich, England. (Photo by Richard Heathcote/Getty Images) (credit:Getty Images)
West Bromwich Albion v Manchester United - Premier League(06 of34)
WEST BROMWICH, ENGLAND - MAY 19: Manchester United manager Sir Alex Ferguson applauds the crowd as Ryan Giggs reacts (R) after his 1,500th and final match in charge of the club following the Barclays Premier League match between West Bromwich Albion and Manchester United at The Hawthorns on May 19, 2013 in West Bromwich, England. (Photo by Richard Heathcote/Getty Images) (credit:Getty Images)
West Bromwich Albion v Manchester United - Premier League(07 of34)
WEST BROMWICH, ENGLAND - MAY 19: Manchester United manager Sir Alex Ferguson applauds the crowd after his 1,500th and final match in charge of the club following the Barclays Premier League match between West Bromwich Albion and Manchester United at The Hawthorns on May 19, 2013 in West Bromwich, England. (Photo by Richard Heathcote/Getty Images) (credit:Getty Images)
West Bromwich Albion v Manchester United - Premier League(08 of34)
WEST BROMWICH, ENGLAND - MAY 19: Manchester United manager Sir Alex Ferguson is applauded by players after his 1,500th and final match in charge of the club following the Barclays Premier League match between West Bromwich Albion and Manchester United at The Hawthorns on May 19, 2013 in West Bromwich, England. (Photo by Richard Heathcote/Getty Images) (credit:Getty Images)
Soccer - Barclays Premier League - West Bromwich Albion v Manchester United - The Hawthorns(09 of34)
Manchester United manager Sir Alex Ferguson gets off the team bus after arriving at The Hawtorns before the game (credit:PA)
Soccer - Barclays Premier League - West Bromwich Albion v Manchester United - The Hawthorns(10 of34)
Peterborough United manager Darren Ferguson, son of Manchester United manager Sir Alex Ferguson signs autographs for fans at The Hawtorns before the game (credit:PA)
Soccer - Barclays Premier League - West Bromwich Albion v Manchester United - The Hawthorns(11 of34)
Fans try to catch a photograph of Manchester United manager Sir Alex Ferguson outside The Hawtorns before the game (credit:PA)
FBL-ENG-PR-WEST BROM-MAN UTD(12 of34)
Manchester United fans hold banners in support of retiring manager Alex Ferguson during the English Premier League football match between West Bromwich Albion and Manchester United at The Hawthorns in West Bromwich, central England, on May 19, 2013. English football will witness the end of an era as Ferguson takes charge of Manchester United for the 1,500th and final time in their last game of the season at West Bromwich Albion. AFP PHOTO / ADRIAN DENNIS RESTRICTED TO EDITORIAL USE. No use with unauthorized audio, video, data, fixture lists, club/league logos or “live” services. Online in-match use limited to 45 images, no video emulation. No use in betting, games or single club/league/player publications. (Photo credit should read ADRIAN DENNIS/AFP/Getty Images) (credit:Getty Images)
Soccer - Barclays Premier League - West Bromwich Albion v Manchester United - The Hawthorns(13 of34)
Manchester United manager Sir Alex Ferguson prior to kick-off (credit:PA)
Soccer - Barclays Premier League - West Bromwich Albion v Manchester United - The Hawthorns(14 of34)
Manchester United manager Sir Alex Ferguson salutes the fans prior to kick-off (credit:PA)
Soccer - Barclays Premier League - West Bromwich Albion v Manchester United - The Hawthorns(15 of34)
Manchester United manager Sir Alex Ferguson salutes the fans prior to kick-off (credit:PA)
Soccer - Barclays Premier League - West Bromwich Albion v Manchester United - The Hawthorns(16 of34)
Manchester United manager Sir Alex Ferguson salutes the fans prior to kick-off (credit:PA)
Soccer - Barclays Premier League - West Bromwich Albion v Manchester United - The Hawthorns(17 of34)
Manchester United manager Sir Alex Ferguson before the game (credit:PA)
Soccer - Barclays Premier League - West Bromwich Albion v Manchester United - The Hawthorns(18 of34)
Manchester United manager Sir Alex Ferguson salutes the fans prior to kick-off (credit:PA)
Soccer - Barclays Premier League - West Bromwich Albion v Manchester United - The Hawthorns(19 of34)
Manchester United manager Sir Alex Ferguson before the game (credit:PA)
Soccer - Barclays Premier League - West Bromwich Albion v Manchester United - The Hawthorns(20 of34)
Manchester United Sir Alex Ferguson before the game (credit:PA)
West Bromwich Albion v Manchester United - Premier League(21 of34)
WEST BROMWICH, ENGLAND - MAY 19: Manchester United manager Sir Alex Ferguson looks on prior his 1,500th and final match in charge of the club prior to the Barclays Premier League match between West Bromwich Albion and Manchester United at The Hawthorns on May 19, 2013 in West Bromwich, England. (Photo by Richard Heathcote/Getty Images) (credit:Getty Images)
West Bromwich Albion v Manchester United - Premier League(22 of34)
WEST BROMWICH, ENGLAND - MAY 19: Manchester United manager Sir Alex Ferguson looks on prior his 1,500th and final match in charge of the club prior to the Barclays Premier League match between West Bromwich Albion and Manchester United at The Hawthorns on May 19, 2013 in West Bromwich, England. (Photo by Richard Heathcote/Getty Images) (credit:Getty Images)
West Bromwich Albion v Manchester United - Premier League(23 of34)
WEST BROMWICH, ENGLAND - MAY 19: Manchester United manager Sir Alex Ferguson waves prior his 1,500th and final match in charge of the club prior to the Barclays Premier League match between West Bromwich Albion and Manchester United at The Hawthorns on May 19, 2013 in West Bromwich, England. (Photo by Richard Heathcote/Getty Images) (credit:Getty Images)
West Bromwich Albion v Manchester United - Premier League(24 of34)
WEST BROMWICH, ENGLAND - MAY 19: Manchester United manager Sir Alex Ferguson is given a 'guard of honour' prior his 1,500th and final match in charge of the club ahead of the Barclays Premier League match between West Bromwich Albion and Manchester United at The Hawthorns on May 19, 2013 in West Bromwich, England. (Photo by Michael Regan/Getty Images) (credit:Getty Images)
West Bromwich Albion v Manchester United - Premier League(25 of34)
WEST BROMWICH, ENGLAND - MAY 19: Manchester United manager Sir Alex Ferguson waves prior his 1,500th and final match in charge of the club prior to the Barclays Premier League match between West Bromwich Albion and Manchester United at The Hawthorns on May 19, 2013 in West Bromwich, England. (Photo by Richard Heathcote/Getty Images) (credit:Getty Images)
FBL-ENG-PR-WEST BROM-MAN UTD(26 of34)
Manchester United manager Alex Ferguson is pictured before the start of the English Premier League football match between West Bromwich Albion and Manchester United, his last game before retiring, at The Hawthorns in West Bromwich, central England, on May 19, 2013. English football will witness the end of an era as Ferguson takes charge of Manchester United for the 1,500th and final time in their last game of the season at West Bromwich Albion. AFP PHOTO / ADRIAN DENNIS RESTRICTED TO EDITORIAL USE. No use with unauthorized audio, video, data, fixture lists, club/league logos or “live” services. Online in-match use limited to 45 images, no video emulation. No use in betting, games or single club/league/player publications. (Photo credit should read ADRIAN DENNIS/AFP/Getty Images) (credit:Getty Images)
FBL-ENG-PR-WEST BROM-MAN UTD(27 of34)
Manchester United manager Alex Ferguson signs autographs to fans before the start of the English Premier League football match between West Bromwich Albion and Manchester United, his last game before retiring, at The Hawthorns in West Bromwich, central England, on May 19, 2013. English football will witness the end of an era as Ferguson takes charge of Manchester United for the 1,500th and final time in their last game of the season at West Bromwich Albion. AFP PHOTO / ADRIAN DENNIS RESTRICTED TO EDITORIAL USE. No use with unauthorized audio, video, data, fixture lists, club/league logos or “live” services. Online in-match use limited to 45 images, no video emulation. No use in betting, games or single club/league/player publications. (Photo credit should read ADRIAN DENNIS/AFP/Getty Images) (credit:Getty Images)
West Bromwich Albion v Manchester United - Premier League(28 of34)
WEST BROMWICH, ENGLAND - MAY 19: Manchester United manager Sir Alex Ferguson salutes the crowd prior his 1,500th and final match in charge of the club ahead of the Barclays Premier League match between West Bromwich Albion and Manchester United at The Hawthorns on May 19, 2013 in West Bromwich, England. (Photo by Michael Regan/Getty Images) (credit:Getty Images)
West Bromwich Albion v Manchester United - Premier League(29 of34)
WEST BROMWICH, ENGLAND - MAY 19: Manchester United manager Sir Alex Ferguson salutes the crowd prior his 1,500th and final match in charge of the club ahead of the Barclays Premier League match between West Bromwich Albion and Manchester United at The Hawthorns on May 19, 2013 in West Bromwich, England. (Photo by Michael Regan/Getty Images) (credit:Getty Images)
FBL-ENG-PR-WEST BROM-MAN UTD(30 of34)
Manchester United manager Alex Ferguson acknowledges the crowd before the start of the English Premier League football match between West Bromwich Albion and Manchester United at The Hawthorns in West Bromwich, central England, on May 19, 2013. English football will witness the end of an era Ferguson takes charge of Manchester United for the 1,500th and final time in their last game of the season at West Bromwich Albion. AFP PHOTO / ADRIAN DENNIS RESTRICTED TO EDITORIAL USE. No use with unauthorized audio, video, data, fixture lists, club/league logos or “live” services. Online in-match use limited to 45 images, no video emulation. No use in betting, games or single club/league/player publications. (Photo credit should read ADRIAN DENNIS/AFP/Getty Images) (credit:Getty Images)
Soccer - Barclays Premier League - West Bromwich Albion v Manchester United - The Hawthorns(31 of34)
Manchester United manager Sir Alex Ferguson on the bench (credit:PA)
Soccer - Barclays Premier League - West Bromwich Albion v Manchester United - The Hawthorns(32 of34)
Manchester United manager Sir Alex Ferguson waves from the bench (credit:PA)
West Bromwich Albion v Manchester United - Premier League(33 of34)
WEST BROMWICH, ENGLAND - MAY 19: Manchester United manager Sir Alex Ferguson (R) and the bench applaud as Robin van Persie of Manchester United (not pictured) scores their fourth goal during the Barclays Premier League match between West Bromwich Albion and Manchester United at The Hawthorns on May 19, 2013 in West Bromwich, England. Ferguson is in charge for his 1,500th and final match for the club. (Photo by Richard Heathcote/Getty Images) (credit:Getty Images)
West Bromwich Albion v Manchester United - Premier League(34 of34)
WEST BROMWICH, ENGLAND - MAY 19: Manchester United manager Sir Alex Ferguson looks on from the bench during the Barclays Premier League match between West Bromwich Albion and Manchester United at The Hawthorns on May 19, 2013 in West Bromwich, England. Ferguson is in charge for his 1,500th and final match for the club. (Photo by Richard Heathcote/Getty Images) (credit:Getty Images)
Business school professor Anita Elberse, who examined Ferguson's management skills to develop a case study on the 72-year-old, is happy to be working with the former United boss again.
"We look forward to welcoming Sir Alex Ferguson on the HBS campus to share his remarkable leadership journey, and contribute to our Executive Education participants' ability to make a profound difference in the world," she said.
Ferguson will begin teaching at the university, which is regarded as one of the best in the world, in May.