Lappeenranta University of Technology

Lappeenranta University of Technology (LUT) (in Finnish: until 2003 Lappeenrannan teknillinen korkeakoulu, LTKK, and from 2003 Lappeenrannan teknillinen yliopisto, LTY) was established in 1969. The university campus is situated on the shore of lake Saimaa, about 7 kilometres from the city center. 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.