Washington University in St. Louis (WUSTL) is the gateway to higher education for more than 13,000 students. Founded in 1853, the independent university offers 90 bachelor's, master's, and doctoral degrees and has about 3,400 faculty members. It offers approximately 1,500 courses in fields such as arts and sciences, business, design and visual arts, engineering, law, medicine, and social work. WUSTL, which has multiple campuses in and near the city of St. Louis, also offers associate degree and continuing education programs. The affiliated Washington University Medical Center is an acute-care hospital that also provides educational training and research services.
In addition to the main 170-acre Danforth Campus in St. Louis, WUSTL's facilities include the nearby 165-acre Medical Campus (housing the School of Medicine and the hospital facilities). WUSTL also operates three smaller satellite academic campuses and music, research, and art centers in the greater St. Louis area.
The Medical Campus conducts extensive collaborative studies between students, faculty, and hospital staff, as well as external institutions. Areas of research include genome sequencing of cancer patients and children's developmental studies. The 2,000-acre Tyson Research Center outside the city is a biological field station that conducts environmental studies and research activities, including renewable energy and sustainability programs, some of which is coordinated with outside groups.
In 2011, WUSTL reported nearly $2.3 billion in revenues, an increase of 5% over the previous year due to increased income from its patient care operations, research grants, and tuition segments. Nonoperational activities, including interest on endowment investments and charitable gifts, gave WUSTL's bottom line a boost in 2011 as well. The university has an endowment of some $5.4 billion.
WUSTL has made efforts to extend its collaborations with third parties, which can help bring in academic and research funds. For instance in 2011 it formed a business school partnership with the Brookings Institution in Washington DC to offer courses on government and corporate policymaking and leadership development. In addition, the university has worked to attract more government research grants in recent years. It is also upgrading some classroom and student facilities, as well as hiring more experienced teachers and medical staff members, to maintain its tuition, auxiliary enterprise (lodging and vending), health services, and research income expectations. – less