The Roy and Diana Vagelos Program in Life Sciences and Management, commonly abbreviated as LSM, is a 4-5 year coordinated dual-degree undergraduate program between the School of Arts & Sciences and the Wharton School at the University of Pennsylvania. Students of the program graduate with both a B.S. in Economics from the Wharton School as well as a B.A. from the College of Arts & Sciences.
LSM was originally proposed and funded by former Merck & Co. CEO P. Roy Vagelos. Each year, the program enrolls approximately 25 freshmen and offers them an opportunity to combine coursework in both management and the life sciences in preparation for careers in for-profit and non-profit organizations in the life sciences sector. This sector includes the chemical, pharmaceutical, and biotechnology industries and organizations with innovative activities in animal health, agriculture, genetic, and biochemical research and development, the practice of medicine, and the implementation of other aspects of human health and welfare.
LSM enrolled its inaugural class in the fall of 2006 with the 2010 graduating class. Before July 2008, LSM was a joint program that allowed students to pursue either the B.A. or B.S. in Economics in the life sciences track and management track, respectively. Students of the program admitted while this system was in use (the classes of 2010, 2011, and 2012) still had the option to pursue one of the track or the new dual degree option. The class of 2013 and beyond, however, are required to pursue the dual degree option.