25 th Anniversary 2014 Umeå School of Business and Economics Umeå University

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1 25 th Anniversary 2014 Umeå School of Business and Economics Umeå University

2 The Umeå School of Business and Economics (USBE) The Umeå School of Business and Economics at Umeå University was founded in The Business, Economics and Statistics departments, however, each date back fifty years. This means that these academic disciplines have a history of their own before joining USBE. With such a strong foundation in education and research at the School, we are looking forward to celebrating an anniversary year full of activities, some of which you will find listed in this leaflet. At a moment like this, it is worthwhile to look back how this all started. We need to recognise that there was significant and active support from the business community and the university at the time the School was established. Private donations provided the financial platform to develop the School; and Business School Foundation has been able to provide continuous financial support of our activities. Over time, the university has also understood the value of having a business school under its brand in attracting domestic and foreign students to northern Sweden and supporting research for an active collaboration with the community. After due deliberation, Professor Rolf Lundin took the initiative to create the School. Based on his experience from the United States, he clearly perceived the need for, and benefits of, a business school in Umeå. He worked hard to garner the support of the business community and worked with the university administration to establish USBE. Twenty-five years later we are grateful to our first rector for what he started, and for the legacy he provided us, as well as the task of continuously developing and improving USBE. A successful business school needs to balance education and research. These need to work together to complement and reinforce each other and provide a platform to engage with the business community and society, in general. We need to have an impact today so our graduates can challenge the future and invent tomorrow.

3 Only 25 but with 150 years of experience Lars G. Hassel, Rector

4 Department of Business Administration Business Administration has been taught at Umeå University for the last 50 years, and the Department of Business Administration has been an integral part of the Umeå School of Business and Economics since the School s inception. Currently, close to 80 staff members work with teaching, research and administration related to five traditional areas: Accounting, Entrepreneurship, Finance, Management and Marketing. In each of these areas we have a Master s program and we are the main subject in the school s four four-year degree programmes (Sw. Civilekonomprogram). We also provide courses for several other educational programmes at Umeå University. In total, the equivalent of about 1,100 full-time students are enrolled in our programmes and courses each year. In 2012, the magister (or one-year master ) degree in Business Administration earned the highest rating in the Swedish National Evaluation of Higher Education. A broad range of research is conducted in various areas of Business Administration. In recent years, researchers have been particularly active in two interdisciplinary profile areas within Business Administration, which focuses on current societal challenges. These areas are Projects, Innovations and Networks (PIN) and the Research Institute for Sustainability and Ethics in Business (RISEB). We are also involved in executive education and other corporate and community collaborations activities. Being part of a business school has proved important for quality development and for the internationalization of education and research. We hope that the on-going processes at the School related to AACSB accreditation and environmental certification will serve as important tools for future development and continued enhancement of the quality, competitiveness and relevance of our activities. Business Administration Accounting Entrepreneurship Finance Management Marketing

5 Department of Statistics The Department has been offering courses in statistics since the autumn of 1963, and celebrated its 50th anniversary in In the beginning the Department employed only three persons. Today we have about 30 persons engaged in teaching, research and consulting. Since January 2012, the department has been part of the Umeå School of Business and Economics at Umeå University, which gives us a new and promising arena for continued growth. In 2013, the undergraduate education in statistics at USBE earned the highest rating in the National Evaluation of Higher Education. By teaching how to collect, analyse and present data, accompanied by education in advanced statistical knowledge, we provide our students with tools that are important and necessary to use in their future careers and in the creation of important new knowledge. The education in statistics is provided by committed faculty members who are also active as researchers and/or consultants. The main research profile of the Department of Statistics is the development of models and methods for analyses based on administrative and health registers and other longitudinal studies. The research is often conducted in collaboration with international and national partners, as well as with scientists from different disciplines within the economics, social sciences and medicine. Businesses, governments and academia are all dependent on access to persons with indepth knowledge of statistics. It is therefore easy to foresee an increased role of statistics in society, in general, and at the Umeå School of Business and Economics, much due to the immense amount of data currently being collected in real time in almost every part of our society.

6 Department of Economics Economics, as a subject, is a natural part of a business school In the autumn of 1964, Umeå University offered its first courses in economics. The first professorship was established in 1965, a year that also marked the beginning of graduate studies in economics at Umeå University. At its inception, the Department had a staff of four. Today, it employs about 40 persons, seven of whom are professors with various areas of specialization. In 1972, the first dissertations were presented at the Department. Today, the total has grown to 83 doctoral dissertations and 26 licentiate s dissertations. The department has a strong emphasis on research. Early on, labour market economics assumed a strong role in research at the Department. In the 1980s, regional economics was also a prominent research area. In recent years, public economics and environmental and natural resource economics have been the most prominent research areas. Econometrics is an independent graduate subject at the Department, but, with time, has also become an important feature in the other research areas. The Department offers undergraduate education up to the Bachelor s level. On a more advanced level, there is also a Master s programme. The education is given primarily in the various programmes, the largest of these being the programmes in Economics and Business Administration (Civilekonom) and the Economics and Political Science programme (Pol Kand). Economics, as a subject, is a natural part of a school of business and economics. Conversely, such a school, with its many students, also serves as an important basis for education in economics. Our ambition is to strengthen the School of Business and Economics at Umeå University through high-quality research and education with a prominent international focus.

7 Education offered by USBE At USBE, students can choose between a number of programmes on different educational levels. They also have the option of creating a unique degree by combining single subject courses. Professional or undergraduate Programmes Statistics Programme 180 ECTS Business Administration and Economics Programme 240 ECTS International Business Programme 240 ECTS Retail and Supply Chain Management Programme 240 ECTS Service Management Programme 240 ECTS Master s Programmes Master s Programme in Accounting 120 ECTS Master s Programme in Business Development and Internationalization 120 ECTS Master s Programme in Economics 120 ECTS Master s Programme in Finance 120 ECTS Master s Programme in Management 120 ECTS Master s Programme in Marketing 120 ECTS Master s Programme in Strategic Project Management 90 ECTS (A joint programme offered together with Heriot-Watt University in Scotland and Politecnico de Milan in Italy) Doctoral Programmes Doctorial Education involves four years of full-time study, and comprises a course element and a thesis element. Admission to doctoral education takes place after advertising available positions. Doctoral Programme in Business Administration Doctoral Programme in Economics Doctoral Programme in Statistics Single Subject Courses USBE offers a wide range of courses within Business Administration, Economics and Statistics, in both Swedish and English. Some of the courses given in Swedish are online courses. Commissioned Education USBE provides tailor-made education for businesses, organisations, and authorities. Key ratios full-time students 161 employees (94 with a doctoral degree)

8 USBE 25 Years Anniversary Program Alumni event at Grand Hotel in Stockholm during the Västerbotten weeks, Januari 23 Women s Day, March 7 Hosting the Academy for Human Rights in Business/CSR Sweden, April 2 Cere the Annual Vinter workshop in Ammarnäs, April The 6 th Workshop on Coopetition Strategy, May Erasmus Staff Exchange Week, May Graduation Ceremoni, June 5 The 21 st Ulvön Conference on Environmental Economics, June International Advisory Board 15 th Anniversary, September USBE Day, September 22 National Conference in Economics, September Department of Economics 50 th Anniversary The Service Management Programme 20 th Anniversary Foto: Mattias Pettersson. Grafisk form och tryck: Print & Media /2014 Umeå School of Business and Economics is Member of: AACSB The Association to Advance Collegiate Schools of Business GBSN Global Business School Network PRME Principles for Responsible Management Education EISAM European Institute for Advanced Studies in Management Svenska Statistikfrämjandet The International Year of Statistics

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