Regional Economic Contributions

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Presentation transcript:

Regional Economic Contributions SIUE Economic Impact Study (2015) School of Business Mission School of Business Contributions to the Regional Economy February 27, 2019

SIUE Economic Impact Data taken from 2015 study done by Tim Sullivan, Warren Richards and John Navin Estimated total economic impact of $514M 2100 full-time employees 9000 jobs exist in the region because of SIUE spending $24M in state and local tax revenues February 27, 2019

School of Business Mission Our mission includes commitments to: Offer programs responsive to stakeholder needs Add value for students by facilitating and enhancing their career prospects Add value to organizations by developing business professionals Foster a vibrant regional economy through the exchange of ideas and knowledge February 27, 2019

SIUE School of Business: Contributions to the Regional Economy Vibrant Regional Economy Meet Workforce Needs Deliver Executive Education Provide Business Assistance February 27, 2019

SIUE School of Business: Contributions to the Regional Economy Meet regional workforce needs: Typically 75-80% of business graduates begin their careers in the St. Louis metropolitan area About 10% work outside of Missouri and Illinois Provide direct business assistance: SBDC and ITC Enhance entrepreneurial climate Student consulting projects February 27, 2019

SIUE School of Business: Contributions to the Regional Economy Deliver executive education: In FY18, over 1100 individuals from 200 companies attended one of our programs Both private and public sector clients Most programs on campus, but some are delivered on-site February 27, 2019