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LOUISVILLE, KY. (WDRB) -- They may be big rivals in sports, but the University of Louisville and University of Kentucky continue to find ways to work together in academics. The state's two largest universities are working to create a joint MBA program.
Both universities currently have their own MBA programs, but academic leaders say a joint program will allow many rising executives who have to leave the state to get their MBA to stay closer to home.
At Monday afternoon's annual meeting of the Kentucky Chamber of Commerce, U of L and UK leaders announced that they have agreed in principle to create the new MBA program, although many details still have to be worked out.
"The partnership being developed in this joint program will prepare these executives as business and economic leaders," UK President Eli Capilouto told chamber members.
The joint MBA program will give students a chance to learn from top faculty members from both universities.
Classes will be held every other weekend to allow students to continue to work. It will take about a year and half to get the advanced degree.
U of L and UK says they already work together on many academic and research projects.
"We have over a hundred collaborations for the good of the Commonwealth and for economic development," says U of L Provost Shirley Willihnganz.
The new MBA program is expected to start in the fall of next year. The two universities say they already share about a hundred academic and research projects.