The College of Business is an exciting place to study and to work these days. We’re engaging with renewed energy and focus on the important mission of the College – to discover and teach important knowledge and to improve the economy and our communities. We’re also beginning the hard work of evolving our offerings by innovating and improving the programs we offer to meet the needs of the 21st century. Our work can be organized within four strategic pillars: innovation, efficiency, culture, and relationship building.
- Innovation. As with almost every sector of society and commerce, the world of business education is being disrupted by rapid changes in competition and technology. Legacy offerings face increasing competition, stagnant or shrinking markets, and a proliferation of technological alternatives. At the same time, the needs of the marketplace are changing. In the face of that reality, the College is revising the curricula for our programs including our BSBA and MBA, and we’re developing new offerings such as the soon-to-be-launched (currently close to final approval) Masters of Science in Business Analytics (MSBA). At the same time, we are developing new content for all of these programs, including new offerings in business communication, character-based leadership, and digital literacy.
- Efficiency. While we’re launching innovative new programs, we are also revising existing programs to seek efficiencies and synergies. This is not simply cost reduction; this is the important stewardship of resources to ensure that everything we do has maximal impact and value.
- Culture. It has been said that “Culture eats strategy for lunch.” In addition to all of our hard work launching new programs and improving existing ones, we are emphasizing an ambitious, inclusive, and respectful culture at the College and across our community. We are building a culture that embraces and challenges everyone to do great things. We certainly have the raw materials on hand: great people, a great brand, and a great university.
- Relationship Building. Finally, the College is renewing its efforts to connect with our alumni and friends to develop opportunities for students, faculty, and industry alike in a combined mission to improve lives and change the future. We are connecting students with partners in industry to gain insights, internships, and jobs and we’re connecting alumni and supporters with opportunities to contribute to our important work.Connecting with partners, alumni, and friends informs us about industry needs and reveals opportunities for the growth and change required to address those needs. We use these understandings to shape curricula and build programs that support economic growth and student opportunity. This is apparent in the student internship programs that equip students with “real-world” work experiences, in our executives-in-residence who bring important insights from industry, and in our invited speakers who enrich our classes and our experiences.
Changing the world as we aspire to requires we work together building programs, enriching opportunities, and supporting the growth of a truly great College of Business.
In summary, these are exciting times at the University of Louisville College of Business. We are growing, improving, and innovating so we can do what we’ve been doing better and start doing new and exciting things. We’re engaging partners to improve the lives of our students and our communities. And we’re having fun doing it! We hope you’ll join us in this important work.
The University of Louisville College of Business