Market Research Report: University of Cincinnati
Company Overview
Name & Mission of the Company
Name: University of Cincinnati (UC)
Mission: The University of Cincinnati serves the people of Ohio, the nation, and the world as a premier, public, urban research university dedicated to undergraduate, graduate, and professional education, experience-based learning, and research. UC is committed to excellence and diversity in students, faculty, staff, and activities, providing an inclusive environment where innovation and freedom of intellectual inquiry flourish. Through scholarship, service, partnerships, and leadership, UC aims to create opportunity, develop educated and engaged citizens, enhance the economy, and enrich the community.
Founding Details
Founded: 1819
Key People
- President: Neville G. Pinto, PhD
- Provost: Valerio Ferme
- Board Chair: Phil Collins
- Associate Dean of UC’s College of Cooperative Education and Professional Studies: Annie Straka
Headquarters
Location: 2600 Clifton Ave, Cincinnati, OH 45221, USA
Number of Employees
No information is available.
Revenue of the Company
Total Annual FY23 Budget: $1.656 billion
Endowment: $1.8 billion
Notable Achievements
- UC has over 50,000 students.
- Regional economic impact of $10.6 billion and statewide impact of $22.7 billion.
- Invented cooperative education, the electronic organ, antihistamine (Benadryl), the heart-lung machine, and the oral polio vaccine.
- National and international recognition for academic excellence, research, and innovation.
Products and Services
Academic Programs
Degree Programs: 426 degree programs, 205 certificates
Majors and Programs: Offered across various disciplines including:
- College of Allied Health Sciences
- College of Arts and Sciences
- Lindner College of Business
- College-Conservatory of Music
- College of Design, Architecture, Art and Planning
- College of Education, Criminal Justice and Human Services
- College of Engineering and Applied Science
- College of Law
- College of Medicine
- College of Nursing
- James L. Winkle College of Pharmacy
- UC Blue Ash College
- UC Clermont College
- College of Cooperative Education and Professional Studies
Key Features
- Cooperative Education: Ranked No. 4 in the nation, students earned collectively $88.8 million in the 2023-24 academic year.
- Research & Innovation: Significant contributions to various fields including the creation of the electronic organ, antihistamine, heart-lung machine, and oral polio vaccine.
- Next Lives Here: Strategic direction focusing on innovation and impact.
- Cincinnati Innovation District (CID): A hub for companies and organizations to solve real-world problems, featuring the 1819 Innovation Hub, Venture Lab, and Makerspace.
Recent Developments
New Products Launched
New Academic Programs:
- Artificial Intelligence (AI) in Business (Graduate Certificate)
- Taylor Swift Themed Courses: "Topics in Writing Studies" and "Philosophy: Taylor’s Version."
- College Credit Plus Program: Enhanced from 2,300 to 3,000 students, allowing high school students to take college-level courses.
New Features and Infrastructure
- Siddall Hall Renovation: Features 500 beds, fitness area, lounge space, common laundry, and kitchenette.
- Blood Cancer Healing Center: Comprehensive care for blood cancer patients.
- Old Chem Renovation: 205,000 square feet of academic and research space.
- Indoor Practice Facility and Performance Center: Housing various athletic and conditioning facilities.
Partnerships and Initiatives
- Co-op Growth: Despite pandemic impacts, UC's co-op program continues to thrive with increased placements and wages.
- The Cincy Hat Foundation: Partnered with Ted Karras for scholarships supporting the Transition and Access Pathways (TAP) program for students with intellectual and developmental disabilities.
Conclusion
The University of Cincinnati continues to thrive on academic excellence, pioneering research, innovative educational models like cooperative education, and strategic growth. With a significant economic impact and ongoing developments across new academic programs and infrastructure, UC remains a prominent institution fostering education, innovation, and community engagement.