"I spent much of my childhood in a university setting. It was magical to me and still is. Now, I try to impart that sense of curiosity to my students—to get them to ask why. To me, that’s the most beautiful, most important question in the world". - Jon Pierce, Faculty Quick Fact No. 27 LSBE's placement rate for Finance majors in 2003-2004 was 90% with an average salary of $33,507. Eighty-two percent of the graduating majors were employed in Minnesota.

awards & scholarships

LSBE Honors

College Honors
The Campus Assembly has established the policy that a maximum of 15 percent of the graduating class can graduate with college honors. In LSBE, the top 3 percent of the graduating class (with a GPA of at least 3.80 in all coursework completed in residence at UMD) will be designated summa cum laude; the next 5 percent (with a GPA of at least 3.50 in all coursework completed in residence at UMD) will be designated magna cum laude; and the next 7 percent (with a GPA of at least 3.20 in all coursework completed in residence at UMD) will be designated cum laude.

At the mid-point of each term, the GPAs necessary to achieve these honors are posted in the LSBE Student Affairs Office. The GPAs are established on the basis of the record of the previous year’s graduating class. To be eligible for honors, students must earn at least 30 credits at UMD. For more information, contact the LSBE Student Affairs Office.

Program Honors
Candidates for the Bachelor of Accounting and Bachelor of Business Administration degrees are eligible for program honors separate from the college honors described above. Program honors are noted in the commencement catalog and are included by the following notation on the student’s transcript, "Graduated with Distinction in Business and Economics".

To be eligible, degree candidates must earn a 3.30 GPA in all LSBE upper division courses.

Dean’s List for Academic Excellence
Each semester, qualifying LSBE students are recognized for high academic achievement by being placed on the LSBE Dean’s List for Academic Excellence. A notation is placed on the qualifying students’ transcripts indicating this achievement. To be eligible for the LSBE Dean’s List:

The student must:

• be in residence in the Labovitz School of Business and Economics
• have earned a 3.50 semester GPA
• have completed all credits attempted in the semester
• have completed a minimum of 12 letter-graded credits in the semester
• have no grades of “I,” “F,” or “N” for the semester

Honorary Societies

Beta Gamma Sigma
Eligibility requirements for this international honor society include majoring in business administration or accounting, junior or senior standing, and an overall GPA that places the student in the top 7% of the junior class or top 10% of the senior class. Membership is by invitation, with an induction ceremony held in the spring of each year.

Omicron Delta Epsilon
Eligibility requirements for this international honorary society in economics include junior or senior standing, at least 18 credits in economics with a GPA of 3.00 in these courses, and an overall GPA of 3.00.

Pi Gamma Mu
Eligibility requirements for this national honorary society in the social sciences include a 3.00 GPA in all social science courses, including accounting, finance and management information sciences, business law, management studies, and economics; and an overall GPA of 3.00.

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