In fall 2018, LMU’s College of Business Administration received the Center for International Business Education (CIBE) grant from the U.S. Department of Education (DOE) for years 2018-2022. The total federal funding over the next four years is just over $1 million. The CIBE grants were created by Congress under the Omnibus Trade and Competitiveness Act of 1988 to increase and promote the nation’s capacity for international understanding and competitiveness.
The DOE CIBE program provides funding to U.S. institutions of higher education for curriculum development, research and training on issues related to U.S. trade and competitiveness. The key roles of the CIBE are as follows:
- to serve as national resources for the teaching of improved business techniques, strategies, and methodologies that emphasize the international context in which business is transacted
- to provide instruction in critical foreign languages and international fields needed to provide an understanding of the cultures and customs of U.S. trading partners
- to provide research and training in the international aspects of trade, commerce and other fields of study
- to provide training to students enrolled in the institution or institutions in which a center is located
- to serve as regional resources to local businesses by offering programs and providing research designed to meet the international training needs of such businesses
- to serve other faculty, students and institutions of higher education located within their respective regions
The LMU CIBE aligns with the university’s mission to cultivate a “globally imaginative” campus that provides students with a transformative education that is global, creative and interdisciplinary. LMU CIBE will focus on the following four themes: 1) innovative global marketing; 2) global talent development and foreign business language education; 3) international entrepreneurship; and 4) global sustainability and business ethics.