Draft:Lund School of Economics and Management
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[edit]Ekonomihögskolan i Lund | |
| Type | Public |
|---|---|
| Established | 1961 |
| Founder | Holger Crafoord |
| Dean | Prof. Joakim Gullstrand |
Administrative staff | 300 |
| Undergraduates | 4300 |
| 180 | |
| Location | , , |
| Campus | Urban |
| Affiliations | EQUIS, AMBA, AACSB |
| Website | www |
The Lund School of Economics and Management (LUSEM) or Ekonomihögskolan i Lund is a business school at Lund University in Lund, Sweden. It traces back to 1750 and was founded and financed by Holger Crafoord in the late 1980s. It offers bachelor, master and doctoral degrees mainly in Business Administration, Economics, Economic History, Business Law, Informatics and Statistics.
LUSEM is highly ranked in international comparisons and its educational quality is certified by EQUIS, AMBA, and AACSB. It has produced many famous CEOs and Nobel Prize winners in economics like Bertil Ohlin.
History
[edit]Founded on 19 December 1666, Lund University's original academic structure consisted of four traditional disciplines: theology, law, medicine and philosophy.[1] It is worth noting that the beginnings of commercial education at the university date back to the mid-18th century - the establishment of the first chair of economics at the university in 1750 marked the beginning of the institutionalisation of this field. However, the academic system at this time was still markedly interdisciplinary: professors at the time were often required to take on interdisciplinary teaching responsibilities, and their fields of study were not confined to a single discipline. For example, the internationally renowned economist Knut Wicksell (Knut Wicksell) in the early years of his career, that is, based on the law school at the same time as a professor of economics and financial law; other scholars are also common in the economics and botany, mathematics and even mechanics, and other seemingly unrelated areas of the combination of teaching practice.
As the process of academic specialisation progressed, the predecessor disciplines of the modern Faculty of Economics and Management began to be established independently: the Department of Economics was established in 1901 as a subordinate body of the Faculty of Law; the Faculty of Philosophy spawned the Department of Statistics in 1926; and the Department of Economic History became independent of the Faculty of Humanities by the middle of the twentieth century (c. 1950); and from 1950-1965 the Faculty of Social Sciences spawned a succession of new disciplines. Between 1950 and 1965, three key disciplines emerged within the Faculty of Social Sciences: Business Administration (1958), Business Law (1962) and Informatics (1965), which laid the disciplinary foundations for the subsequent integration of the Faculty.
A milestone came in 1961, when the Faculty of Business and Economics was established as an independent teaching entity and the first 100 students entered a three-year systematic business programme, thus beginning a new era of business education on a large scale at Lund University.
Despite a long tradition of informal cooperation between the faculties, the real spatial integration began at the end of the 1980s with the launch of the first purpose-built complex, the Holger Crafoord Centre, financed by the eponymous foundation founded by industrialist Holger Crafoord (1908–1982). The Centre was built in phases over a period of three construction cycles from 1988 to 1998, and was named as a permanent tribute to the donor and as a physical vehicle for interdisciplinary collaboration.
In 2004, the organisational structure of the Faculty of Economics and Management at Lund University was changed to its current form, marking the move from fragmentation to federation of an academic community that had evolved over three and a half centuries.
Organization
[edit]Basic organization
[edit]Departments, research centres and professional services are the top priority three parts at Lund School of Economics and Management.
The departments include Department of Business Administration; Department of Economics; Department of Economic History; Department of Business Law; Department of Informatics and Department of Statistics.
The research centres include AgriFood Economics Centre; Centre for Aesthetics and Business Creativity (ABC); Centre for Retail Research at Lund University (2014–2024); Centre for Economic Demography; Center for Retail and Logistics (REAL); Sparbanken Skåne Centre for Sustainable Enterprising; Sten K Johnson Centre for Entrepreneurship.
The professional services include Library; Deans Office; LUSEM Management team (Joakim Gullstrand working as the Dean); international office; Career Services; Academic Skills Service (ASKS); Alumni; Caretakers; External and corporate relations and Communications.[2]
Top-down systemic and organizational change
[edit]Between 1995 and 2001, Lund University created its first strategic plan in response to Sweden's "third mission" legislation. This law required universities to expand their societal roles while maintaining core academic values. The plan stressed that the university should meet society's demand for knowledge services without compromising its fundamental principles. Lund University engaged with industry, government, and organizations to support regional economic, cultural, and social development. Key initiatives included establishing an industry-university-research cooperation system and implementing the Triple Helix Model. This period laid the groundwork for the Lund University Innovation Centre (LUIS), deepened ties with Ideon Science Park, and created an innovation network including LUAB, ENS, and VentureLab.
Between 2002 and 2006, the university's second strategic plan expanded its focus. It aimed to develop internal innovation systems and formally include societal development and human progress as institutional goals. This phase emphasized academic diversity, international collaboration, and cross-border innovation. It broadened the "third mission" beyond technology transfer to include more external stakeholders. Organizationally, the CIRCLE Center and Innovation Forum were created as communication platforms. Industrial cooperation functions were consolidated into the LU Innovation and Technology Transfer Office. These changes reinforced the Triple Helix approach and strengthened the university's role in social innovation leadership.
Between 2007 and 2011, Lund University executed its third strategic plan, positioning innovation as a driver for social development and sustainability. This phase prioritized internal collaboration, particularly across disciplines and faculties. Key initiatives included Swedish government-funded centers of excellence to strengthen the regional innovation system, the Linnaeus Program to enhance industry and public sector research partnerships (both domestic and EU-wide), and the establishment of the Pufendorf Institute as an interdisciplinary platform supporting socially impactful research.
The subsequent strategic plan (2012-2016) emphasized the university's proactive role in addressing complex societal challenges through cross-border and interdisciplinary cooperation. It specifically aimed to integrate social and technical sciences, proposing LUOpen and the LU Center for Social Innovation to complement LU Innovation's commercial focus with broader social innovation. However, leadership changes led to LUOpen's closure, resource redistribution, and decentralization of innovation responsibilities to faculties. While signaling a shift toward a developmental university model fostering deeper societal interaction, this vision saw limited sustained implementation.
Currently, the fifth strategic plan (2017-2026) continues this trajectory, with a clear focus on addressing global sustainability challenges. It reinforces interdisciplinary collaboration and strong societal partnerships to advance social innovation. A central initiative, the university-led "Samverkan" program, encourages extensive internal and external cooperation in areas like climate change and social welfare. Though operating with constrained funding, Samverkan supports interdisciplinary research networks with potential to drive social innovation.
Overall, Lund University's approach to societal engagement is evolving from reactive responses toward proactive collaboration as a developmental university, progressively building infrastructure dedicated to social innovation. [3]
Buildings and Grounds
[edit]
Lund School of Economics and Management ((LUSEM)) is located on Holger Crafoord Centre, Tycho Brahes väg 1, Lund, Sweden. The functional zone of the college building is mainly divided into academic and research areas, administrative and service facilities, and student activities and social areas, with the basic flipped classrooms and lecture halls concentrated on the ground floor, and the administrative services, student activities, and the distribution of teaching and research basically distributed on the 1st-3rd floors. Student activities and academic support facilities are highly integrated, reflecting the logic and practicality of space planning.[4]
Academic
[edit]Rankings
[edit]Lund University School of Economics and Management (LUSEM) is recognised in prestigious international rankings. In the Financial Times 2024 rankings, LUSEM has reached 68th place and consolidating its position among the top business schools in Europe.[5] It was ranked 87th in the Times Higher Education World University Subject Rankings 2025: Business and Economics.[6]Similarly, LUSEM was ranked 75th in the QS World University Rankings.[7]
The Lund University School of Economics and Management (LUSEM) has been re-accredited by the European Quality Improvement System (EQUIS) for the third time in a row and by the Association of MBAs (AMBA) for the second time in a row in 2024. This places the School among the "Triple Crown" of top business schools in the world, making it one percent of the world's business schools with this combination of accreditations. Both accreditations are valid for five years.LUSEM was first accredited by AACSB in 2021 and will be re-evaluated in 2026.[8]
Doctoral studies
[edit]Apart from Bachelor's and Master's programme, Lund School of Economics and Management also has doctoral studies, which include Department of Business Administration; Department of Economics; Department of Economic History; Department of Business Law; Department of Informatics and Department of Statistics.
Technology Management: A Multi-disciplinary Master's Program in Lund
[edit]Managing and developing high-tech industries requires both engineering and management expertise. Lund University's Master of Technology Management program integrates these fields through its curriculum, students, and faculty. Jointly developed by the School of Management and Economics and Lund Institute of Technology, this unique program combines business skills for engineers with technical knowledge for management students within a single master's framework. Its goal is to equip graduates with the skills needed to lead technology-driven industries, whether in product development or production processes.
The program follows three phases. Phase 1 covers foundational coursework from either engineering (2.5 years) or business (2 years) backgrounds. Phase 2 introduces engineering students to business fundamentals and business students to core engineering concepts, while both groups develop teamwork and leadership skills. Phase 3 delivers fully integrated technology management courses followed by a half-year master's thesis.
Admission involves a written personal statement outlining the candidate's interest and expectations, followed by interviews for shortlisted applicants. An admissions committee comprising faculty representatives from both disciplines and a program secretary which interviews approximately 50-60 candidates for 30-40 places. The interview process serves multiple purposes: screening for genuine commitment and personal suitability, validating stated motivations, and giving candidates a sense of selective commitment to the program. This approach also allows evaluation beyond high school academic performance.[9]
Awards and prizes
[edit]Lund University School of Economics and Management has a range of awards and prizes for students to encourage academic exploration, which include LUSEM annual award for best doctoral theses; The SSCEN Sustainability Prize for Master's Theses; European Entrepreneurship Education Award (EEEA); The Pontus Roos Memorial Foundation research grant; KEFU annual essay award; The Jan Söderberg Family Prize in Economics and Management.
The Jan and Asa Soderberg family has made a generous donation to the School of Economics and Management at Lund University, Sweden, to award a prize worth SEK 1 million for outstanding pioneering research. The annual award, called the Jan Soderberg Family Prize for Economics and Management, will be presented on March 12, 2019 for the first time. Jan Söderberg is an honorary doctor of the Academy of Economics and Management and a member of the Academy's advisory board. He and his wife Asha graduated in economics and business administration from the Faculty of Economics and Management at Lund University.
The award has appointed a committee to select the nominees and will announce the winner in the fall. The winners will receive SEK 1 million, of which SEK 200,000 will go directly to the individual and SEK 800,000 will be used for their research projects. The researchers can be from anywhere in the world. The prizewinner must be under 50 years of age and must have made a significant discovery or contribution to the field of economics and management, whose work has clearly advanced research and applications in the field.[10]
Research achievements
[edit]LUSEM is research-driven, emphasising collaboration between academia and the public/private sector, and translating research findings into action (e.g., policy development, corporate strategy optimisation) for sustainable social change through the integration of theory and practice. LUSEM's history (100 years of academic foundation) and interdisciplinary perspectives enable it to have a forward-looking and systemic impact in addressing global challenges (e.g. inequality, climate change).[11]
Since 1966, LESUM has produced more than 13,000 research output (including article, Book chapter, working paper, paper not in proceeding and others) and close to 1,000 projects. The number of research output grew slowly between 1966 and 2001, and then increased rapidly from 2001 and reached a highest point in 2007. The number experienced a steady fluctuation from 2007 to 2024 which peaked at 678. In contrast, the number of projects had grown much more slowly than that of research output, with a minor fluctuation until 2011, then having a sharp rise and reaching the peak between in 2016, at 67. The number fluctuated slightly around the peak during the last nine years.
Notable alumni
[edit]- Anna Breman, First Deputy Governor[12]
- Sofia Nord, BSc in Business and Economics 2014 (and Master of Engineering from LTH), Global VP Technology, IKEA
- Sven Otto Littorin, Former Minister for Employment (has not graduated)
- Mikael Eriksson, CEO ÖhrlingsPricewaterhouseCoopers Sweden
- Bertil Ohlin, developed the Heckscher-Ohlin model on international trade and received the Nobel Memorial Prize in Economic Sciences in 1977.
- Torsten Lyth, CEO Ernst & Young Sweden
- Eva Rooth, CEO Feelgood
- Christian W. Jansson, CEO Kappahl
- Lars-Johan Jarnheimer, CEO Tele2
- Anders Lidbeck, CEO Telelogic
- Bo Strandberg, CEO AddNode
- Joen Magnusson, CEO Beijer
- Sten K. Johnson, CEO Midway Holding AB
- Fredrik Palmstierna, CEO SäkI AB
- Fredrik Arp, former CEO Volvo Personvagnar AB
- Hans Pihl, CEO Deloitte Sweden
- Håkan Jeppsson, CEO Inwido
References
[edit]- ^ de la Croix, D. (2021). Scholars and Literati at the University of Lund (1666–1800). Repertorium Eruditorum Totius Europae, 5, 53-60.
- ^ https://www.lusem.lu.se/organisation Organization, Lund School of Economics and Management, 25 Mar 2025.
- ^ Göransson, B., Chaminade, C., & Bayuo, B. B. (2022). Transforming universities to address grand societal challenges: a case study of organisational and institutional change at Lund University. International Journal of Intellectual Property Management, 12(1), 13–41.
- ^ https://www.lusem.lu.se/sites/lusem.lu.se/files/2024-07/Campuskarta-2024-eng.pdf Campus Map, Lund School of Economics and Management, archived from the original on 21 March 2025.
- ^ https://rankings.ft.com/rankings/2999/european-business-school-rankings-2024 European Business School Rankings 2024, Financial Times, 2 December 2024.
- ^ World University Rankings by Subject 2025: Business and Economics, Times Higher Education, archived from the original on 27 Mar 2025.
- ^ QS World University Rankings 2025: Top global universities, Quacquarelli Symonds Limited, archived from the original on 27 Mar 2025.
- ^ Lund University School of Economics and Management : Still in the top! LUSEM reaffirms its "Triple Crown" status. (2024). ENP Newswire.
- ^ https://www.researchgate.net/profile/Carl-Henric-Nilsson/publication/253240411_Technology_Management_-_A_multi-disciplinary_Master_Program_in_Lund/links/57eab49a08ae5d93a481563b/Technology-Management-A-multi-disciplinary-Master-Program-in-Lund.pdf Sörgärde, N., & Nilsson, C. H. A Multi-disciplinary Master's Program in Lund.
- ^ New international prize from the Lund University School of Economics and Management. (2018). ENP Newswire.
- ^ https://portal.research.lu.se/en/organisations/lund-university-school-of-economics-and-management-lusem Research Portal, Lund School of Economics and Management, archived from the original on 21 March 2025.
- ^ Riksbank: Anna Breman awarded an honorary doctorate at the Lund University School of Economics and Management. (2024). Contify Banking News.