A Bright Future for the LSU E. J. Ourso College of Business
Since its initial establishment in 1928, the LSU E. J. Ourso College of Business has evolved into a producer of worldwide industry leaders and one of the university's cornerstones for academic success and achievement on the undergraduate, graduate and faculty levels.
Last fall, Eliana Arvelo, an alumna of the LSU Center for Internal Auditing and the LSU Flores MBA Program, become the 18th recipient of the Institute of Internal Auditors' Student Highest Achievement Award from LSU.
Photo courtesy of E. J. Ourso College
E. J. Ourso College students are afforded opportunities from the beginning of their lives at LSU well into their professional careers that few collegians experience. The sum total of these benefits is a business education that exposes them to the real world of business long before they leave campus.
The E. J. Ourso College, a member school of the Association to Advance Collegiate Schools of Business, or AACSB, has seen its undergraduate programs accredited continuously by the AACSB since 1931. In early 2012, the college once again learned that its AACSB accreditation had been reaffirmed.
"AACSB accreditation is certainly a great achievement that demonstrates the high caliber of our faculty, staff and students. This reaccreditation is the equivalent of receiving a Good Housekeeping seal of approval for quality in our research productivity and teaching," E. J. Ourso College Dean Eli Jones said. "Our current and prospective students should feel very good about our commitment to providing a high-quality education; this reaffirmation of accreditation is a very strong indicator that we have outstanding programs which continue to produce outstanding graduates who go on to be productive and ethical businesspeople."
AACSB provides internationally recognized, specialized accreditation for business programs at the bachelor's, master's and doctoral level. The AACSB accreditation standards challenge post-secondary educators to pursue excellence and continuous improvement throughout their business programs. AACSB accreditation is known, worldwide, as the longest standing, most recognized form of specialized/professional accreditation an institution and its business programs can earn.
Areas of Study - Undergraduate
The E. J. Ourso College of Business offers specialized professional training in several areas of business in addition to a program of general business administration. Each curriculum is constructed to ensure that students receive a broad general education and a sound foundation in the basic areas of business knowledge.
The objective of the college is to provide training in the functional fields of business administration so students will be qualified to hold positions of leadership, trust and responsibility in business and industry.
The objective of the E. J. Ourso College is to provide training in the functional fields of business administration so students will be qualified to hold positions of leadership, trust, and responsibility in business and industry.
Jim Zietz/University Relations
The E. J. Ourso College of Business offers undergraduate degrees in the following areas through its various departments: accounting, economics, international trade & finance, finance, information systems & decision sciences, management, marketing and general business administration.
The Department of Accounting strives for excellence in teaching, research and service to the accounting profession. With a mission of producing graduates at all levels who excel in their pursuits, the department offers undergraduate and graduate programs that prepare students for careers in various fields including industry, auditing, finance, government and academia.
The Department of Economics offers courses that provide undergraduate and graduate students an intellectual challenge and strong analytic training and the tools to address the economic and social problems faced both domestically and internationally. The faculty's dedication to quality teaching and research is reflected by numerous awards received and peer-reviewed scholarly articles published in high-quality economic journals. The department's international trade & finance curriculum is the only such program in Louisiana.
The Department of Finance is a both a Chartered Financial Analyst (CFA) Program Partner and a Certified Financial Planner (CFP) Board-Registered Program offering high quality curricula for undergraduate and graduate students interested in careers in corporate finance, asset management, real estate, insurance, banking, financial planning and business law. The department boasts internationally renowned research faculty in several areas, including derivatives, asset management, banking, and spatial econometrics. The department's Securities Markets Analysis Research and Trading, or SMART, Lab is a 44-station simulated interactive trading floor that enables students to gain practical experience in the fast-paced world of securities analysis, research and trading. The SMART Lab has 12 subscriptions to the Bloomberg Professional service, the platform used by more than 300,000 leading business and financial professionals worldwide to make informed business decisions, and an extensive library of financial data bases including the Wharton WRDS System. In early 2011, the inaugural Finance Academy was formed, honoring finance student leaders who excel in and out of the classroom.
The E. J. Ourso College of Business offers specialized professional training in several areas of with each curriculum constructed to ensure that students receive a broad general education and a sound foundation in the basic areas of business knowledge.
Jim Zietz/University Relations
The Department of Information Systems & Decision Sciences combines teaching and research to create a rich learning experience for its students. Relationships with industry and state agencies enable the department to assist organizations with issues related to innovation and technological change, as well as offer enhanced career opportunities for its graduates. Collaborative research efforts of its diverse faculty have resulted in major grants from the National Science Foundation and the state of Louisiana.
The Rucks Department of Management endeavors to prepare students for careers in fields such as international management, human resources, entrepreneurship and industrial/labor relations. A generous donation by LSU alumnus William W. Rucks and his wife, Catherine, has aided the department in securing faculty who are repeatedly recognized for their research and has aided student-affiliated organizations in achieving top honors nationally.
The Department of Marketing prepares its students for careers in management, advertising, buying, product development, retailing and sales. Through its Internship in Marketing Program, students are able to apply the concepts and principles of the classroom and earn course credit for their practical work experience.
The LSU Center for Internal Auditing is recognized as a world leader in auditing education. The center's program focuses on internal auditing as a value-added profession to enhance governance, risk and controls. It is a multidisciplinary program with students from more than 30 different business and non-business majors and is a model for other similar program nationwide. The program has produced 18 top student-scorers on the international Certified Internal Auditor Exam.
Areas of Study - Graduate
For people looking to continue their studies or earn an advanced degree following years in the workforce, the E. J. Ourso College of Business has multiple options to pursue.
This past semester, E. J. Ourso College Dean Eli Jones hosted a ceremony to announce that the Securities Markets Analysis Research and Trading, or SMART, Lab has 12 subscriptions to the Bloomberg Professional service, the platform used by more than 300,000 leading business and financial professionals worldwide.
Jim Zietz/University Relations
The E. J. Ourso College of Business' flagship program is the LSU Flores MBA Program, which rigorously prepares students to earn an advanced degree that will help them enhance their careers. Full-time, executive and professional tracks are offered and provide schedule flexibility for those wishing to pursue their MBA from a program that was ranked No. 31 nationally by Forbes.com among public institutions for return on investment.
The program offers cutting-edge course work, personal counseling and outstanding job placement opportunities at an exceptional value. As the program continues to grow in prestige and strives toward national prominence, the value of the LSU Flores MBA grows in both the business and academic communities.
Another opportunity for graduate studies is the Public Administration Institute, offering the Master of Public Administration, or MPA, a 42-hour degree program emphasizing management and financial skills for those leading public agencies, nonprofit and healthcare organizations, and for-profit organizations that interact with governmental agencies.
The Public Administration Institute provides outstanding educational opportunities for those already in the workforce who wish to advance their careers, as well as those who seek an MPA immediately after earning their undergraduate degree. Graduates have been successful in the public, nonprofit and private sectors, and work for the federal government and state governments, become legislators and attorneys, join staffs on Capitol Hill in Washington, become members of the Office of the Governor, and hold key positions with national healthcare providers, among many other varied accomplishments.
In addition to the MBA and MPA, the college offers master's degree programs in information systems & decision sciences, accounting and finance. The E. J. Ourso College of Business and LSU’s College of Agriculture recently teamed up through the Department of Information Systems & Decision Sciences Master of Science program in business analytics, business intelligence and related IT skills. This program consists of 36 hours of coursework taken over a 10-month period from August to May. Additionally, the program emphasizes analyzing real-world large datasets, working on multiple teams, and presentation skills, which includes state-of-the-art visualization techniques.
The Business Residential College is a living-learning environment that brings together the next generation of business leaders, sharing a facility where they are assisted in acclimating to the culture of the college and of business.
Eddy Perez/University Relations
The Master of Science in accounting, or MSA, program is a fifth-year professional program with the objective to provide students with a greater understanding of accounting and business than is possible in an undergraduate program. MSA students develop superior technical accounting knowledge, strong analytical skills, strong written and oral communication skills, and highly developed interpersonal skills. The program prepares students for careers as professional accountants in public practice, industry, financial institutions, government and nonprofit organizations.
The Master of Science in finance program provides students with the analytical and communicative skills necessary for effective financial decision making through the application of financial theory and quantitative techniques. With ever-increasing financial globalization and competition for employment in the financial sector, it is crucial that professionals prepare for the increasingly complex world of finance by building a solid foundation. The LSU MS Finance Program offers a challenging advanced degree that prepares its participants to become the leaders of this rewarding and dynamic field.
For students with an eye on both a business and law career, dual degree graduate programs are offered by the E. J. Ourso College in conjunction with the Paul M. Hebert Law Center. These programs allow students to earn a Juris Doctorate through the LSU Law Center while also earning an MBA, MPA or MS in finance through the E. J. Ourso College. These programs are designed to allow students to complete both degrees in less time than if the two degrees were obtained independently outside these programs.
For individuals looking to earn a Ph.D., the E. J. Ourso College of Business Ph.D. program develops trained professionals who are qualified to instruct in a university environment and who are capable of conducting scholarly research. The program offers a research-oriented degree designed to prepare students to conduct original research and teach at the university level. Programs offering a Ph.D. include accounting, economics, finance, information systems & decision sciences, management and marketing.
Looking to the Future - New Business Education Complex
A ribbon-cutting ceremony will be held on Friday, March 2, to celebrate the completion of the Business Education Complex, the new home of the E. J. Ourso College of Business. The college will move into the facility following the spring semester.
Jim Zietz/University Relations
The E. J. Ourso College of Business has undergone numerous changes since its founding in 1928 as the College of Commerce, and a much anticipated change is coming this year. After years of dreaming, planning and fundraising, the college's new home – the Business Education Complex, or BEC – will be completed following the spring 2012 semester.
To celebrate the completion, a ribbon-cutting ceremony will be held on Friday, March 2, featuring Steve Forbes, president and chief executive officer of Forbes Inc. Forbes will speak at the ribbon cutting and be the keynote speaker for the college's Hall of Distinction Banquet.
"We are thrilled that Steve will be joining us for the entire day," Jones said. "Obviously, the name 'Forbes' is synonymous with business around the world, and it is a true testament to the E. J. Ourso College and LSU that he has agreed to be a part of what will truly be a momentous day in the history of our college."
Ground was broken for the BEC on March 19, 2010. The state-of-the-art facility actually boasts four buildings, totaling 156,000 square feet of space, and is located next to the E. J. Ourso College of Business' current home, Patrick F. Taylor Hall.
"This is a long-time dream that is being realized," Jones said of the BEC's construction. "To think that the Lemoine Company will all but have this work completed in less than two years is extraordinary. Having Steve Forbes on-hand to help us christen the Business Education Complex and also to help us induct our latest hall of distinction class will only enhance these celebrations."
The future certainly is bright for the E. J. Ourso College of Business. From the E. J. Ourso College's Business Residential College, a living-learning environment consisting of the next generation of business leaders, to nationally recognized centers like the Louisiana Business & Technology Center and the Stephenson Entrepreneurship Institute, the college has something in place for every aspect of business education.