In 1894, Louisina Tech laid its foundation as the Industrial Institute and College of Louisiana during the Second Industrial Revolution. It was established with the mission of educating students in the domain of arts and science, so that they can contribute towards the development of the industrial economy in the post-reconstruction Louisiana. It changed its name a total of two times before finally renaming it to Lousiana Tech. The college has 16 varsity sports teams which include 7 men's teams and 9 womens' teams. The university is famous for its the basketball team know by the name Lady Techsters, and the Bulldogs football team. They have won 3 national championships and have ranked in the Final Four 13 times in the program's history. The US News and World Report 2019 lists it as a tier two college in National Universities List. It was ranked at the 138th position in the Best Public College in US by Forbes in thier 2018 series of America's Top Colleges. It is ranked 2nd best in Louisiana by The Business Journals' in 2017. The Times Higher Education World University Ranking included this university in a list of 20 colleges that are rising stars, and can challenge the top universities and become globally known by the year 2030.