LUT University was established in 1969 in Finland. The university's Lappeenranta campus is situated on the shore of lake Saimaa – the 4th biggest lake in Europe. LUT University's second campus is in Lahti. Since 2014 LUT University has been ranked among the world’s top 600 universities as well as one of the world's 20 most promising and rapidly developing challenger universities. There are about 930 staff members and 5,200 students in the university. LUT awards the following degrees: Bachelor of Science, Bachelor of Science, Master of Science, Master of Science, Licentiate of Science, Licentiate of Science, Doctor of Science, Doctor of Science, and Doctor of Philosophy. LUT University has several internationally accredited Master´s programmes. Master's degree programme in International Marketing Management was awarded EFMD`s EPAS-accreditation for five years in 2012. EUR-ACE and ASIIN-accredited programmes LUT University has in Chemical Engineering, in Energy Technology, in Environmental Technology, in Mechanical Engineering, in Electrical Engineering and in Industrial Management. LUT University is state run and state funded.
History in brief
Combining technology and business, LUT University has served as an academic forerunner since 1969. In the 1950s and 1960s, the Finnish government made plans to establish the University of Eastern Finland in Lappeenranta, but it was ultimately decentralized in three cities: Lappeenranta, Kuopio, and Joensuu. Only the departments of engineering were located in Lappeenranta at that time. The Department of Business Administration was established and teaching of economics began in 1991.
Organisation
Board
Chairman Tuomo Rönkkö, CEO of Maintpartner Group
Vice-chairman Teresa Kemppi-Vasama, Chairman of Kemppi Oy
Kimmo Rauma, Vice President, Danfoss Power Solutions, Electrics
At the beginning of 2015, the university shifted to an organisation model which does not have traditional faculties and departments. Instead, the university consists of three distinct schools which focus on the following research topics:
International Business, Marketing and Entrepreneurship
Research institutes
Centre for Separation Technology
Carelian Drives and Motor Centre
Centre of Computational Engineering and Integrated Design
The Viipuri Prize
The Viipuri Prize, established by the Society for Viipuri School of Economics, is awarded for outstanding achievements in the field of strategy research. The Prize is given every second year to a scholar who is among the most prominent in his or her field of study on a global scale, and whose work powerfully affects the research agenda at LUT School of Business. The following scholars have been awarded the Viipuri Prize:
