Alumnus, Partner Create LGBTQ+ Scholarship for IU Kelley With $2.2M Gift
News from Indiana University Kelley School of Business
“A new transformative scholarship program for LGBTQ+ students at the Indiana University Kelley School of Business is being made possible through a $2.2 million gift from alumnus Doug Hamilton and his partner of 35 years, Don Vossburg, of Noblesville, Indiana.
“The annual Out in INformation Technology Scholarship will support a student who is actively involved with the lesbian, gay, bisexual, transgender and queer community. Preference will be given to students from Indiana and those who also are studying operations, decision technologies or business analytics.”
Why We Can’t All Get Away With Wearing Designer Clothes
News from Northwestern University Kellogg School of Management
“Imagine yourself at a meeting with an accountant. You spot a Rolex watch on her wrist, and a Louis Vuitton handbag on her desk. Seeing those luxury goods might inspire confidence—after all, the accountant must be good at her job if she can afford them.
“Now imagine yourself confessing your innermost hopes and fears to a therapist who is sporting the same flashy items. Would you view her as favorably?
“Maybe not, according to a new paper by Derek Rucker, a professor of marketing at the Kellogg School, on the surprising (and potentially unfair) downsides of luxury consumption.”
Can MOOCs Predict The Future Of Online Education?
News from HBS
“The best use of massive open online courses (MOOCs) may be in providing instruction that leads to online professional degrees—not the extension of basic college education to U.S. and international learners who do not have access to existing higher-education institutions. That conclusion is spelled out in a forum titled ‘The MOOC Pivot’ published in the January 11 issue of Science. Co-authors Justin Reich and José Ruipérez-Valiente argue that low student retention and enrollment declines in MOOCs mean that their applications and effects differ significantly from the enthusiasm that accompanied the launch of the edX platform in the spring of 2012. The researchers use data provided by HarvardX and MITx — edX’s founding partners — from their courses offered from 2012 to May 2018; they argue that MOOCs ‘will not transform higher education and probably will not disappear entirely either.’ Instead, they predict that the field will coalesce ‘around a different, much older business model: helping universities outsource their online masters degrees for professionals.’ Their prediction seems to strike a blow at the heart of edX’s mission: to ensure access to quality education for learners around the world.
“But critics of the study fault it for extrapolating from the data on MOOCs — typically offered free online as individual courses in a broad range of subjects already being taught to residential students — to paint a generally bleak picture of the potential for online learning in general.”
Tuck Students Travel To Puerto Rico To Research Energy Crisis
News from Dartmouth College Tuck School of Business
“When Hurricane Maria struck in September 2017, Puerto Rico plunged into a blackout — one that would last for almost an entire year. Last November, staff from the Revers Center for Energy at the Tuck School of Business and ten of its MBA fellows traveled to Puerto Rico to research the factors that contributed to the prolonged energy crisis.
“’The main objective was to gain exposure to how an island adjusts to certain situations compared to a big country like the U.S.,’ Vengatesh Muralidharan Tu’19 said.
“In preparation for the trip, many of the MBA fellows took courses in energy economics and interned for companies in the field, according to Aygul Sanzyapova Tu’19. He said that before the fellows left for Puerto Rico, they compiled online articles about Puerto Rico’s recent challenges to discuss as a group.”
Q&A: How To Practice ‘Everyday Courage’
News from University of Virginia Darden School of Business
“University of Virginia professor Jim Detert studies courage.
“More specifically, the Darden School of Business professor studies courage in the workplace – the kind of courage it takes to disagree with your boss, put forth a new plan, confront a negligent coworker or hold a difficult client to account.
“’Generally, people speak up if they feel it is safe, or stay quiet if they don’t,’ said Detert, a professor of business administration and associate dean for executive degree programs and leadership initiatives. ‘However, as we began studying workplace relationships, we realized there is a third category: those who realize it is not safe to speak out, but still do so.
“’That is clearly a type of courage – whether it is speaking truth to power or speaking up in your relationships with peers, subordinates, clients or customers.’”