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Lappeenranta University of Technology

Lappeenranta University of Technology
Lappeenrannan teknillinen yliopisto
Motto Open your mind.
Type Public university
Established 1969
Chairman Tuomo Rönkkö
Provost Liisa-Maija Sainio
Rector Juha-Matti Saksa
Administrative staff
893 (2015)
Students 4900 (2015)
Location Lappeenranta, Finland
61°03′52″N 28°05′25″E / 61.06456°N 28.09024°E / 61.06456; 28.09024Coordinates: 61°03′52″N 28°05′25″E / 61.06456°N 28.09024°E / 61.06456; 28.09024
Website http://www.lut.fi/en

Lappeenranta University of Technology (LUT) was established in 1969. The university campus is situated on the shore of lake Saimaa – the 4th biggest lake in Europe.

Since 2014 LUT has been ranked among the world’s top 600 universities (Times Higher Education and QS rankings) as well as one of the world's 20 most promising and rapidly developing challenger universities (a report by the Firetail consulting firm).

There are about 890 staff members and 4,900 students in the university. LUT awardsthe following degrees: Bachelor of Science (Econ), Bachelor of Science (Tech), Master of Science (Tech), Master of Science (Econ), Licentiate of Science (Econ), Licentiate of Science (Tech), Doctor of Science (Tech), Doctor of Science (Econ), and Doctor of Philosophy.

LUT 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 has in Chemical Engineering, in Energy Technology, in Environmental Technology,in Mechanical Engineering, in Electrical Engineering and in Industrial Management.

LUT is state run and state funded.

Combining technology and business, LUT (in Finnish: until 2003 Lappeenrannan teknillinen korkeakoulu, LTKK, and from 2003 Lappeenrannan teknillinen yliopisto, LTY) 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.

At the beginning of 2015, the university shifted to an organisation model which does not have traditional faculties and departments. Instead, the university comprises of three distinct schools which focus on the following research topics:

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:


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