Labovitz School of Business and Economics
The Labovitz School of Business and Economics places an emphasis on outstanding, innovative experiential learning, equipping our students with what they need to know for success in an ever-expanding global marketplace. With all that LSBE does for its students and the community, it's our alumni and friends who graciously support our efforts. Alumni and friends fund over 120 LSBE scholarships and support our many innovative programs. Generous donors contributed to Charles Benson's success. After earning a degree in business administration, he enrolled in UMD’s MBA program, while still playing Bulldog basketball and working part-time. Obviously unafraid of hard work, he has set his sights on one day launching his own business.
The Department of Accounting and Finance is home to the specialized Financial Markets Program, which gives you as an undergraduate student the amazing opportunity to manage a real portfolio of investments. Additionally, the department is home to the Financial Planning Program, which gives you the eligibility to sit for the Certified Financial Planner (CFP) Board of Standard certification examination, leading to the professional CFP designation.
The Department of Economics focuses on social, business, and individual decision-making and the goals, incentives, institutions, and constraints affecting those decisions. The Department of Economics curriculum combines the classical liberal arts and modern quantitative approaches. The Department also places an emphasis on outstanding, innovative experiential learning opportunities, equipping our students with what they need to know for success in business and management careers. The health care management major prepares students to work in an important, life-changing industry with unique demands and unique rewards.
Department of Management Studies
The Department of Management Studies offers a major in Organizational Management. This major allows students to become familiar with different types of organizations and their members, and to develop their skills in Human Resource Management and Entrepreneurship. The Department also places an emphasis on outstanding, innovative experiential learning opportunities, equipping our students with what they need to know for success in business and management careers.
The Marketing Department is committed to outstanding, hands-on learning opportunities such as Retail Marketing Analytics and Marketing & Graphic Design. Marketing students learn to develop marketing plans, use tools to address marketing issues, communicate skillfully, and understand the social and cultural environments of organizations and consumers.
The main goal of the Financial Markets Program is to provide students with an educational experience that can be directly applied to the Financial Services Industry. With the support of the local financial community, LSBE students have the opportunity to directly apply learned ideas, theories, and tools. The foundation of the Financial Markets Program is based on three key elements: Academic Studies, the Wells Fargo Financial Markets Lab, and the Bulldog Fund, LLC.
The main goal of the Financial Planning Program is to provide undergraduate students with the knowledge necessary to become a Certified Financial Planner (CFP®). Taught through an AACSB accredited business school, the CFP program offered through the Labovitz School of Business and Economics is the first and only major offered in Minnesota. The real world application and intensive curriculum prepare undergraduate students for internships and, ultimately, a rewarding career as a Financial Planner.
The Retail Marketing Analytics Program (ReMAP) is designed to provide undergraduate students with an educational curriculum that can be directly applied to rewarding careers in the retail and consumer products industries. With a supporting network of retail, consumer products and data suppliers, ReMAP students have the opportunity to build a strong foundation of statistical analysis know-how and directly apply advanced marketing techniques to real-world situations. Program students develop the skills necessary to make strategic merchandising and marketing decisions.
Masters of Business Administration
The Labovitz MBA builds upon the foundation of business knowledge our students have already acquired in finance and operations, in marketing and management and a variety of other areas. The result is a valuable employee who is a more confident and capable leader.
The BBER collects, analyzes, and disseminates information regarding the economy of Duluth, Northeast Minnesota, the State of Minnesota, and Northwest Wisconsin. Our client base is comprised of public and private regional, state, and federal constituencies. Our research identifies economic problems and opportunities, acts as a catalyst to generate research from faculty, staff and students within LSBE and provides students with hands-on, real-world skills.
The Entrepreneurship major and program is designed to prepare students with conceptual and functional skills that are vital to their careers in any business or organization. Students learn about the interdisciplinary nature of entrepreneurship through courses in management, marketing, business law, and finance.
Marketing & Graphic Design is a collaborative professional degree between the LSBE and the School of Fine Arts. Academics combine core marketing knowledge with graphic design skills. Graduates help companies create effective traditional and online marketing campaigns that are built on strong business and design fundamentals.