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ARLINGTON, Virginia, May 5, 2003

On April 7, the University of Management and Technology (UMT) obtained approval from the State Council of Higher Education for Virginia (SCHEV) to launch an Associate's degree in Business Administration (ABA) and a Bachelor's Degree in Business Administration (BBA).

"UMT sets its mission to expand rapidly to provide education programs that are in demand," UMT's president Dr. Yanping Chen said. "We know that 55% of adults in the United States who started college did not complete their undergraduate education for various reasons. The good news for them is that life-long education opportunities enable them to finish their degrees. Globally, the demand for higher education programs at the undergraduate level is even higher than in the US. Along with UMT's already established graduate programs in Asia, Europe and Africa, these two undergraduate degree programs will provide us new opportunities to meet global higher education needs and to serve a broader audience."

Dr. J. Davidson Frame, Academic Dean of the University, is pleased with the newly launched programs. He said, "Built on UMT's reputation in graduate studies, it is a natural step for the university to exercise its academic excellence in undergraduate studies as well."

Dr. C. Eric Kirkland, Vice President of Operations, who led the effort to obtain approval from SCHEV, said: "We have worked with SCHEV closely to obtain their approval and support to launch our new undergraduate programs. These approvals set a new milestone, marking UMT's continued growth. We have a lot of work ahead, of course, to better serve students and faculty over the next five years."

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