LUT – Creating the Future with Technology and Business

1. LUT – Creating the Future with Technology and Business Yliopiston kampusalue

2. Strategic areas of expertise

3. Strategic management of business and technology • World-leading open innovation research and empirical, cross-disciplinary research on strategic decision-making • Expertise in the management of global, knowledge-intensive innovation and value chains; business models of a network economy, dynamic capabilities and strategic options • Areas of strength: support systems for decision-making, knowledge management and technological entrepreneurship

4. Expertise in Russian affairs • Coordinated by the Northern Dimension Research Centre NORDI • Collaboration in education; Master’s programmes in English, double degrees • Research cooperation in environmental issues, innovation; research topics of the South Karelian Institute emphasise the border

5. Research • Produces research-based knowledge published in high-level international scientific journals, doctorates, research services • Research institutes foster cooperation between the university’s units • Technology Business Research Center TBRC develops and implements multidisciplinary research • LUT involved in 14 graduate schools funded by the Ministry of Education; coordinator in three • Centre of excellence of the Academy of Finland: Applied mathematics research group in inverse problems

6. Education • Eight degree programmes in technology: Industrial Management appointed national centre of excellence in university education • Nine major subjects in business administration • Master’s programmes for mature students: TIMO, AIMO, Technological Entrepreneurship • Nine Master’s programmes taught in English

7. Education • Nine major subjects in business administration: • Supply Management • International Technology and Innovation Management (MITIM) • Management and Organizations • International Marketing • Accounting • Finance • Strategy Research • Knowledge Management • Business Law • Eight degree programmes in technology: • Industrial Management • Energy Technology • Chemical Technology • Mechanical Engineering • Electrical Engineering • Information Technology • Environmental Technology • Mathematics and Physics (Master’s programme)

8. Research and innovation networks • Top international universities: Massachusetts Institute of Technology (MIT), Nihon University, Georgia Institute of Technology • Finnish-Russian Innovation University • 7th EU framework programme – LUT selected into an internationally funded research programme • National strategic clusters of expertise: Forest Cluster Ltd., Cleen Ltd. (energy and environmental industries), Fimecc Ltd. (metals and engineering) • National centre of expertise programmes: Intelligent Machines, Forest Industry Future, Maritime Cluster • LUT is a member of 14 graduate schools funded by the Ministry of Education, and coordinates three: East Finland Graduate School in Computer Science and Engineering, Forest Cluster Graduate School, Graduate School in Electrical Engineering

9. Additional funding 2008 Academy of Finland 8 % (€1,9 million) Other 14,2 % (€ 3,4 million) EU, ERDF, ESF and otherinternational funding 7,9 % (€1,9 million) TEKES 21,6 % (€5,2 million) Ministries and government institutions 11,4 % (€2,7 million) Businesses 36,9 % (€8,9 million) Budget funding €41,2 million (63 %) Additional funding overall €24 million (37 %)

10. LUT figures • Founded in 1969 • Over 8 000 have obtained a Master’s degree in technology or business, and over 300 have obtained a doctorate in technology, business or philosophy • Approximately 900 staff members • 5 500 students, 300 of them from abroad • 19 % of first-year students in autumn 2008 were foreign nationals • 47 languages are spoken at LUT • Life-long learning: 1 500 students in continuing professional education, 1 200 students in open university education

11. Education Systemof Finland

12. International Cooperation • LUT has cooperation agreements with about 150 foreign universities • Partners participate in research projects with their significant contribution • Cooperation is carried out in both research and education due to Master’s programmes in English and student and teacher exchange

13. International Education • IBTM International Business and Technology Management • targeted for international exchange students • duration one academic year, does not lead to a degree • Master’s Programmes in English • lead to a M.Sc. (Tech./Bus.Adm.) degree • duration about two years • previous studies in the field required

14. Number of foreign degree students 2006-2008 350 305 300 218 250 170 200 150 100 50 0 2006 2007 2008 Foreign degree students • 12% of Master’s degree programme students in 2008 were foreign nationals • Majority of foreign students come from outside the EU: • Russia, China, Iran and India

15. Lappeenranta – the best university town in Finland • Guaranteed housing for students – only in Lappeenranta • Shared apartments, studios and family apartmentsin the city centre and on campus • Togetherness and student life • Ample recretional activities • Good transportation connections • Year-around activities