Lappeenranta University of Technology (LUT) was established in 1969 as a national university of technology. LUT, as well as the 19 other universities in Finland are all state-run and financed by the Ministry of Education.
Lappeenranta University of Technology is specialized in technology and economics. About 5000 students study in the various degree programmes offered by the university, and about 900 new students are admitted each year. There are about 500 postgraduate students, and 900 members of staff.
The most outstanding feature of the university is the way in which it has succesfully integrated expertise in technology and economics. LUT`s location on the border between the EU and Russia has also had a major impact on the university's activities and orientation.
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