University of the Pacific (Peru)
Encyclopedia
University of the Pacific (Spanish: Universidad del Pacífico) (UP) is a small private university in the Jesús María District of Lima
Lima
Lima is the capital and the largest city of Peru. It is located in the valleys of the Chillón, Rímac and Lurín rivers, in the central part of the country, on a desert coast overlooking the Pacific Ocean. Together with the seaport of Callao, it forms a contiguous urban area known as the Lima...

, Peru
Peru
Peru , officially the Republic of Peru , is a country in western South America. It is bordered on the north by Ecuador and Colombia, on the east by Brazil, on the southeast by Bolivia, on the south by Chile, and on the west by the Pacific Ocean....

. It was established in 1962 by a group of Peruvian entrepreneurs supported by the Society of Jesus
Society of Jesus
The Society of Jesus is a Catholic male religious order that follows the teachings of the Catholic Church. The members are called Jesuits, and are also known colloquially as "God's Army" and as "The Company," these being references to founder Ignatius of Loyola's military background and a...

. In the past three decades, Universidad del Pacifico has been ranked as one of the most esteemed universities in fields of economics, law, finance, accounting, and business administration in Peru
Peru
Peru , officially the Republic of Peru , is a country in western South America. It is bordered on the north by Ecuador and Colombia, on the east by Brazil, on the southeast by Bolivia, on the south by Chile, and on the west by the Pacific Ocean....

 and among the leading institutions of its kind in the Latin American region.

Academics

The university specializes in Business Management and Economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

; it is regarded as one of the best Peruvian universities in these fields.

At the undergraduate level, UP offers Bachelor's degrees in Economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

, Business Administration and Accounting. In 2008, it became the first university in Peru to offer a Business Engineering
Business engineering
Business Engineering is an interdisciplinary field of engineering that focuses on how complex businesses should be designed and managed.- Overview :...

 degree. That same year, law
Law
Law is a system of rules and guidelines which are enforced through social institutions to govern behavior, wherever possible. It shapes politics, economics and society in numerous ways and serves as a social mediator of relations between people. Contract law regulates everything from buying a bus...

 was added to its degree programs. In 2011 two new careers were opened: International Business
International Business
International business is a term used to collectively describe all commercial transactions that take place between two or more regions, countries and nations beyond their political boundary...

 and Marketing
Marketing
Marketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development. It generates the strategy that underlies sales techniques, business communication, and business developments...

. At the graduate level, it offers a Master of Business Administration
Master of Business Administration
The Master of Business Administration is a :master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out...

, a Master of Finance
Master of Finance
A Master of Finance is a Master's degree designed to prepare graduates for careers in financial analysis, investment management and corporate finance. An alternate degree title is Master in Finance or Master of Science in Finance...

 and a Master of Economics
Master of Economics
A Master's Degree in Economics is a postgraduate academic program, offering training in economic theory, econometrics and / or applied economics. The degree may be offered as a terminal degree or as additional preparation for doctoral study, and is sometimes offered as a professional degree...

.

It has approximately 1,600 students enrolled at the undergraduate level and 500 students enrolled in graduate programs.

The academic year at the Universidad del Pacífico at the undergraduate level consists of two semesters. The first semester begins in late-March and ends in July; the second semester begins in mid-August and ends in mid-December. A break of approximately 3 to 4 weeks occurs between semesters. At the graduate level, the academic year consists of three terms: January–April, May–August, and September–December.

Research projects

The university, through the Research Center of the University of the Pacific (Centro de Investigación de la Universidad del Pacífico
Centro de Investigación de la Universidad del Pacífico
CIUP, as it is known in Peru, is an interdepartamental and interdisciplinary research unit through which the University of the Pacific undertakes and disseminates research in Peru.-Strategic approaches:...

) conducts large-scale research projects within Peru and at the Latin American level, in matters of economic theory and trade, public policy, fiscal policy, environmental issues, human development, civil society, philanthropy, and SMEs
Small and medium enterprise
Small and medium enterprises or small and medium-sized enterprises are companies whose headcount or turnover falls below certain limits.The abbreviation "SME" occurs commonly...

 development. Some of these are funded by the Kellogg Foundation, the World Bank
World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...

, the Inter-American Development Bank
Inter-American Development Bank
The Inter-American Development Bank is the largest source of development financing for Latin America and the Caribbean...

 and other regional development agencies.

Notable alumni

  • Mercedes Aráoz
    Mercedes Aráoz
    Mercedes Rosalba Aráoz Fernández is a Peruvian economist, professor, and politician. She served as Minister of Foreign Commerce and Tourism from 2006 to December 2009, after which she was appointed as Peru's Finance Minister....

     - Former Peruvian minister of finance.
  • Susana de la Puente - Vice Chairman for JP Morgan, Latin America.
  • Jorge González Izquierdo - Former Peruvian minister of Foreign Relations.
  • Hernán Garrido Lecca - Peruvian economist and politician.
  • Carlos Boloña Behr - Politician and president of the Free Trade Institute (IELM).
  • Fernando Olivera Vega - Politician, ex-ambassador to Spain and former congressman.
  • Eduardo Ferreyros Küppers
    Eduardo Ferreyros Kuppers
    Eduardo Ferreyros Kuppers has been the Peruvian Minister of Foreign Commerce and Tourism under President Alan García since September 2010.-References:...

     - Politician, ex-minister of external commerce and tourism.
  • Raúl Diez Canseco Terry - Peruvian politician and economist.
  • Martín Pérez Monteverde - Peruvian politician.
  • Javier Edmundo Reátegui Rosselló - Representative for Peru in the Andean Community of Nations
    Andean Community of Nations
    The Andean Community is a customs union comprising the South American countries of Bolivia, Colombia, Ecuador and Peru. The trade bloc was called the Andean Pact until 1996 and came into existence with the signing of the Cartagena Agreement in 1969...

    .
  • Julio Velarde Flores - President of the BCRP, or Central Reserve Bank of Peru.
  • Renzo Rossini - General manager of the BCRP, or Central Reserve Bank of Peru.
  • Adrian Armas - Central manager of economic studies of the BCRP, or Central Reserve Bank of Peru.
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