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The UMD Labovitz School of Business and Economics (LSBE) has taken great
steps forward to truly become the School of First Choice …
for Education you can use Tomorrow!
Both our undergraduate and graduate programs are accredited by the
Association to Advance Collegiate Schools of Business International
(AACSB International), which provides the highest accreditation
available to Schools worldwide. Our faculty members are dedicated
teachers and scholars; over 90 percent have a Ph.D. in their chosen
field, and have experience in business, management and research.
The Labovitz School of Business and Economics is part of a comprehensive,
dynamic university located in the city of Duluth, Minnesota on the
North Shore of Lake Superior where summer and winter recreational
opportunities abound. Our enrollment has grown from 1367 in the
1999/2000 academic year to 1613 in the 2002/2003 academic year.
The School is growing: We have a Financial
Markets Program, a one-year program where undergraduate students,
in cooperation with investment professionals, manage a $200,000
investment fund. This new program includes a fully equipped financial
markets teaching/computer lab with on-line data connections necessary
to keep up with current market information.
The School also added a new MBA graduate program in Rochester, Minnesota
that complements the MBA program in Duluth. Several of the students
in the Rochester program come from high technology firms in the
area as well as the Mayo Clinic and IBM. In 2003 there are 62 people
enrolled in the two MBA programs.
Our School encourages students to participate in active learning
opportunities. In addition to offering student internship opportunities,
the School includes a large outreach organization, the Center
for Economic Development (CED), where students can work with
area businesses and also take part in faculty/student teams in the
Small Business Initiative (SBI) Program. Currently over 80% of our
seniors are participating in one of these active learning experiences.
The School recently received a large grant from the U.S. Department
of Education to internationalize its curriculum and to provide faculty
and students an opportunity to spend time at universities in Sweden
and India. Faculty and students are using this opportunity to directly
participate in the globalization of business practice.
The Labovitz School of Business and Economics' Bureau
of Business and Economic Research (BBER) has gathered information
and done research on the regional economy for a number of years.
Each year the Bureau conducts research aimed at providing information
to decision makers, often in collaboration with state agencies or
private organizations on questions of workforce, economic impact
and business development. Students from the School are given opportunities
to participate in this work as research assistants
We have been very fortunate to have alumni and donors that have
provided us with funding for scholarships, faculty development and
technology. Last year our alumni and donors provided our students
with seven new scholarships; this year we have an additional five,
bringing the total scholarships specifically for LSBE students to
52.
In addition, we recently received a $226,000 endowment to promote
entrepreneurship and business education for our students.
Our Labovitz School of Business and Economics is a vibrant environment for
students, faculty and staff alike. We are deeply involved in education,
research and outreach. We are growing and we know our future is
bright!
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