• School of Business

  • Economic Development Certificate

    This certificate is designed to give the participant an in-depth look at the economic development process from the perspective of both government agency and private sector developer. The instruction will cover the current tools available, the latest in viable development strategies and the critical elements economic development professionals and executive level administrators need to know for their communities to prosper and to create secure and enforceable development agreements.

    NEW this year: take the certificate course for an in-depth exploration of many facets of economic development, or take an individual two-day session as a seminar for $400.

    Register For
    Individual Sessions


    Certificate topics

    The program consists of the following seven core modules: 

    • Introduction to economic development
    • What tools do we use and how do we use them: soft tools and hard finance tools
    • A day with developers
    • Housing and mixed use strategies
    • What economic development professionals need to know about housing and mixed use developments
    • Development negotiations, how do we get there?
    • Development pro-formas, bond ratings, and outside advice

    Program at a glance

    All students must complete ninety hours of training in seven monthly sessions over an eight-month period. The program is deliberately scheduled to span two calendar years so the cost of certification can be spread over two budget cycles. Students who complete the economic development coursework will receive a certificate from the Hamline School of Business Public Administration program and 8 Continuing Studies credits. Cost for the program is $2,650.

    The Minnesota Economic Development Foundation has $500 scholarships available for the Spring 2014 class.

    Time requirements

    Training will occur over eight months. Training sessions will be held during the second week of each month, and participants will commit to seven thirteen-hour sessions for the entire program.

    Schedule

    Session 3: Thursday, May 8, 2014 and Friday, May 9, 2014

    Each session will be scheduled as follows:
    Thursday sessions:  Noon - 6 p.m.
    Friday sessions:  8:30 a.m. - 4 p.m.

    Seminar Option 

    Session 3: Thursday, May 8, 2014 and Friday, May 9, 2014

    • Two days with the Economic Development All Stars, featuring:
      • Paul Reinke – Oakdale Council Member and former ED Commission Chair and Private Developer
      • Rich McNamara – Vice President, Western Bank
      • Barb Dacy – Executive Director, Washington County Housing and Redevelopment Authority
      • Louis Jambois – Executive Director, Saint Paul Port Authority
      • Mike Mulrooney – President, Central Minnesota Development Company
      • Dave Anderson – Vice President, Fraushen Commercial Real Estate
      • Mark Loftus – Former Business Development Director of DEED, now with Dakota Electric
      This session is designed to provide the student with exposure to the more significant “All Stars” of economic development.


     Degree Candidacy 

    All participants are eligible to earn the certificate and Continuing Studies credits regardless of prior academic experience. Eligible students who wish to earn master's level elective credits toward the Master of Arts in Public Administration at Hamline University must meet the requirements for admission to the Hamline School of Business and complete additional academic work in the class.