Rubel School of Business

Bellarmine Centro - Home of the Rubel School

RSB Sets Strategic Priorities
Virtual Info Sessions Available

Welcome from the Rubel School Dean

Greetings and welcome to the W. Fielding Rubel School of Business at Bellarmine!

Diane Bruce

As the new dean of the Rubel School, I welcome your interest in our programs. I hope you’ll explore our website and learn more about our programs, our faculty and the opportunities possible here. 
The Rubel School offers a comprehensive business program that provides a strong foundation in the fundamentals of business, ethics and real-world skills, while also allowing for specialized study in accounting, business administration, economics, finance and marketing. This program is complemented by the university’s core curriculum, which ensures that students develop the critical-thinking, communication and problem-solving skills that are valuable in any career. 

The Rubel School has a reputation for academic excellence. The faculty are experts in their fields, and many have extensive industry experience, but they are also dedicated teachers. The Rubel School is accredited by the world’s foremost authority on business education quality—the Association to Advance Collegiate Schools of Business (AACSB). Fewer than 5% of all business schools have earned this elite accreditation.

Bellarmine is committed to providing individualized attention to each student. You will get to know your faculty and classmates, and they’ll get to know you. This will give you access to personalized advising and mentoring as well as a community that will help you achieve your goals—while you’re here at Bellarmine and during your career. You will also have the opportunity to be involved in various organizations and in community service, allowing you to grow personally and professionally. 

Beyond the classroom, Bellarmine takes advantage of its location in Louisville, Kentucky. Louisville is a vibrant city with a strong business community and thriving startup scene, one that highly values Bellarmine students and alumni. Students and faculty engage with the community and local businesses in their classes, extending their learning with real-world applications. Business students have access to a range of internships and job opportunities, as well as networking events and other professional-development activities. Rubel alumni are active and involved as leaders in their fields and in the community, a testament to Bellarmine’s education of the whole person. 

If you are seeking a personalized, high-quality business education in a place where you will be valued and mentored by faculty and staff who care about your growth and development through your academic career and beyond, the Rubel School may be a good fit. 
To learn more, I encourage you to visit the campus, meet with faculty and students, and see for yourself what makes Bellarmine so special. 

Warm regards, 

Diane Bruce, Ph.D. 
Dean, Rubel School of Business

Rubel School of Business

Undergraduate Majors
Graduate & Second Degree Programs

Master of Business Administration

Master of Business Administration: Executive

Accounting Certificate



The W. Fielding Rubel School of Business is accredited by the AACSB International (Association to Advance Collegiate Schools of Business), which places it among the elite business schools in the nation. Not only is Bellarmine the first and only private university in Kentucky to achieve AACSB accreditation, but fewer than 5 percent of business schools worldwide have achieved this distinction.

Rubel School News

Stay up-to-date with all things Rubel School of Business.


PODCAST: The Business of Space

Bellarmine on Business Podcast

Episode 13: In today’s episode, host Jim Ray interviews Dr. Mike H. Ryan, Professor of Management and Rubel’s Associate Dean, who also has an extensive background in space-related topics.  As private sector activity ramps up, there’s a tremendous future available to us.  Join us for an interesting conversation about the business of space.

Elon Musk’s SpaceX recently took 4 civilians into space for the first time. Other high-profile companies such as Richard Branson’s Virgin Galactic and Jeff Bezos’ Blue Origin are also making inroads in to space exploration. 

Growing up, Dr. Ryan assumed he might actually take a job in space.  As the space race heated up with Sputnik and our mission to the moon, it was hard for him to imagine we wouldn’t go back to the moon during the next 50 years.  He spent time in the US Air Force, before returning to school.  He completed his Master’s and PhD.  Currently, he’s one of the few professors in the US who does research on “space business.”

Dr. Ryan is personally acquainted with Max Faget and also astronauts Buzz Aldrin and Neil Armstrong. He’s written numerous books and 75-100 publications and has given an extensive number of presentations, generally involving some aspect of space.



Space – It’s Just a Place

The idea of working in space can seem intimidating to many.  It all seems so complex, even though we are much less intimidated with the idea of working in the oceans.  Dr. Ryan explains that it shouldn’t be so difficult to conceptualize.  After all, it’s just a place.

If you think about it, the distance it would take to fly from Louisville to Australia on business (9,963 miles) is actually farther than the distance from earth to the international space station (only 254 miles).


Everything in space is about getting from point A to point B.  Rockets are a primary mode of transportation.  As our technology evolved, we transferred from rockets to the space shuttle.  Over time, the shuttles became less reliable, so we moved back to travel via rockets.  Unfortunately, we had not kept up the investment in this mode, so we relied on rockets from other countries (i.e. Russia).

Dr. Ryan firmly believes there are many other ways in which we could utilize rocket technology, beyond simply putting satellites into space.  There are plenty of opportunities for people to work in space, as well.  One of the challenge is making the trip and return trip feasible.  Reusability is a key consideration.  SpaceX and Blue Origin are proving that reusability is absolutely possible.

Over time, reusability reduces the cost of putting people and equipment into space.  This opens up the possibility of more frequent visits.  The opportunities stretch as far as you can imagine.

Rocket propellant (“fuel”) is actually cheaper than people might imagine.  It’s primarily liquid hydrogen and/or liquid oxygen.  Both of those are components of water.  There may be other options which we could develop to replace liquid rocket fuel.

Dr. Ryan discusses how a “space plane” could be extremely advantageous vs. the rockets we know today.  Reusability combined with the ability to take off and land from a variety of locations would reduce the cost of going to low-earth orbit and potentially further.

Mining in Space

Rare elements, minerals and even water are abundant in space.  We think about the moon, but also consider asteroids and even Mars.  If we can figure out how to maintain supply levels, we could put many more people into space for an extended period of time.  Dr. Ryan discusses how something called a “mass driver” working on an electromagnetic rail system could eliminate the need for rocket fuel to get material into low-earth orbit.  The mass driver could launch a payload into orbit.  This would provide those supply levels, which could then be used for a variety of purposes and destinations. 

Dr. Ryan explains that many minerals are extremely abundant in asteroids.  He explains that a nickel-iron asteroid the size of UofL’s Cardinal Stadium would provide enough iron ore for approximately 100 years.  Many asteroids are composed of water.  These could also be captured and brought to earth.  The opportunities are simply amazing, if we can figure out how to do it economically and efficiently.

Solar power satellites could be deployed to beam down a constant source of solar energy to provide extremely inexpensive power to specific locations.  In expensive electric power could also facilitate the conversion of sea water to fresh water for food growth and sanitation.


There are approximately 10,000 satellites currently in orbit.  There are a couple hundred thousand pieces of space debris.  People are already researching how best to deal with the debris.

We are currently building constellations of satellites.  Elon Musk’s team is focusing on communication satellites for cell phones and data.  This could dramatically increase speed and availability. 

Roadblocks to Commercializing Space

Interestingly, one of the initial roadblocks has to do with treaties sign by and among countries because, at the time, we really didn’t understand the vast opportunities available in space.  We simple couldn’t imagine it would one day be possible.

During the next 5, 10 or 50 years, our ability to begin harnessing space opportunities will increase exponentially.  We’ll need to find the best way to replace those treaties with some other type of infrastructure.

Because of the sheer size of the earth, the gravity well exerts tremendous pull.  Escaping this pull and getting into space adds tremendous cost for our current technologies.  If we could figure out how to manufacture in space, theoretically, we could reach much further into space at a more economic level. 

The Impact of Space on Kentucky’s Economy

Kentucky’s number one export is space-related aerospace products.  Yes, it outpaces bourbon.  We export $12-$13 billion in goods, which helps to maintain 19,000 Kentucky jobs among over 600 companies. 

Kentucky is #2 in the country for aerospace export. 

There’s a company called Space Tango, located in Lexington, with its own testing facility on the international space station. 

Where Are We Going from Here?

Dr. Ryan concludes the episode with these comments.  In 5 years, we may have commercial space stations.  Eventually, we’ll have a much larger commercial space station.  Within 15 years, Dr. Ryan sees us having a permanent lunar base.  In 20-25 years, we could have a commercial, lunar base.  Transportation breakthroughs will determine the pace of these advancements. 


The views and opinions expressed during the Bellarmine on Business podcast do not necessarily reflect those of Bellarmine University, its administration or the faculty at large.  The episodes are designed to be insightful, thought-provoking and entertaining.

Want to Listen to Additional Episodes?

You can find additional episodes on the Rubel School of Business Podcast page of the Bellarmine website, various Bellarmine social media pages, Apple Podcasts, Google Podcasts, Spotify, Amazon Music, Audible, Libsyn, Podchaser and many other podcast directories.  We encourage you to subscribe to our podcast so you don’t miss an episode.

Interested in Developing a Podcast for Your Business or Organization?

This podcast was produced by Jim Ray Consulting Services.  Jim Ray, host of the Bellarmine on Business podcast, can help you with the concept development, implementation, production and distribution of your own podcast.  For more information, visit:

Tags: Faculty , Rubel School of Business

RSB Strategic Plan


Providing inclusive, student-centered business education in the Catholic, liberal arts tradition that educates the whole person and leads to impactful careers.


Vision: to be a hub for transformative business education.


Academic excellence
Promoting critical thinking, communication, collaboration, and innovation —with an expectation of excellence.

Fostering strong ethical principles, honesty, fairness, transparency, trustworthiness, with respect and compassion for the intrinsic value and dignity of every individual.[MM1]

Engagement, impact, and social responsibility
Cultivating business leaders who advocate for the public good, environmental sustainability, global understanding, and informed civic engagement. RSB Strategic Priorities:

Strategic Priorities

SP1 — Deliver mission-aligned, innovative curricular and co-curricular offerings that make us distinctive in how we serve existing and future student populations and maximizes our commitment to equity and inclusion.

SP2 — Provide support for scholarship for faculty as well as ongoing professional development, coaching and mentoring for faculty and staff, so they can continue to deliver on our mission in the most effective manner.

SP3 — Engage, deeply and broadly, with alumni and community partners through faculty scholarship and external outreach to ensure the relevance and standing of the Rubel School of Business, and help our students find meaningful career opportunities.

“One of nation’s best business schools" — The Princeton Review

Bellarmine offers our business students a unique educational experience: a broad-based liberal arts education supplemented by top-notch business preparation. This difference is viewed quite favorably by employers, who say they like our graduates because of their writing and critical thinking skills.

The School of Business also is noted for rapidly incorporating innovations and business trends into the curriculum. For example, many employers today are encouraging their workers to earn MBA degrees; therefore, Bellarmine has introduced several programs that take entering freshmen to their MBA degrees in just five (or five and a half) years.

Another important aspect to a business education at Bellarmine is the requirement of an internship and/or an international experience. We require students to have/acquire business experience—this can be accomplished via applied course projects, internships and/or course requirements as well as potential volunteer business projects too. This guarantees that you will gain practical experience while still a student, which makes you much more "marketable" upon your graduation.

The W. Fielding Rubel School of Business at Bellarmine University is accredited by the AACSB International (Association to Advance Collegiate Schools of Business), which places it among the elite business schools in the nation. Not only is Bellarmine the first and only private university in Kentucky to achieve AACSB accreditation, but fewer than 5 percent of business schools worldwide have achieved this distinction.

Additional Accolades

  • One of the Best and Most Beautiful B-School Campuses by
  • Recognized as a CFA Institute Affiliated University

CFA Institute Affiliated University 


Bellarmine on Business Podcasts

Each monthly episode will feature lively discussions with faculty and/or alumni. See all Podcasts here.

Spalding Endowed International Travel Support Fund

Funds available to support undergraduate students from the Rubel School of Business interested in participating in an international, study abroad experience.  Get more information and apply through the Bellarmine Study Abroad and International Programs Office at or Study Abroad and International Programs.
Funds available beginning in Fall 2022.

Brown Endowed Study Abroad Fund

Funds available to support undergraduate and graduate students from the Rubel School of Business interested in participating in an international, study abroad experience.  Get more information and apply through the Bellarmine Study Abroad and International Programs Office at or Study Abroad and International Programs.
Funds available beginning in Fall 2022.

Bellarmine Means Business

From the Bellarmine Magazine, successful businesspeople who are also Bellarmine alums.

Featured RSB Videos

Welcome to Bellarmine University
MBA Students Travel to Cuba
Introducing New Rubel School Dean
The Bellarmine MBA

Contact Us

Dr. Diane G. Bruce
Dean, School of Business

Tammy Donoho
Administrative Assistant

Dr.  Jorge A. Pazmiño
Director of Graduate and Executive Education Programs

Israel Cuenca, MBA, MSDM
Events Coordinator & Strategic Marketing 

For general inquiries, contact the W. Fielding Rubel School of Business at 502.272.8240 or