Study: Gender Pay Gap Shrinks When Companies Disclose Wages

Paolo Harris photo

UC-Berkeley Orgs Launch Blockchain Startup Accelerator Program

News from UC-Berkeley Haas School of Business

“On Jan. 28, UC Berkeley launched the Berkeley Blockchain Xcelerator, an accelerator program open to international participants and designed to guide and support high-value blockchain startups.

“The Berkeley Blockchain Xcelerator was initiated by a collaboration among Blockchain at Berkeley — a blockchain-focused student organization on campus — UC Berkeley’s Sutardja Center for Entrepreneurship and Technology, and the Haas School of Business.”

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New University Of Minnesota Tool Reveals State’s Child Care Access Challenges

News from the University of Minnesota Carlson School of Management

“University of Minnesota researchers have developed a new online tool aimed at showing families’ access to child care and early childhood education services across Minnesota.

“The site,, takes a family-centered perspective by mapping each neighborhood in the state, using data about how many families with young children live there and showing measures of local families’ access accounting for nearby providers, costs and quality. It also provides community reports for every school district, county, state House district and state Senate district in Minnesota.”

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NYU Stern Professor Receives National Science Foundation CAREER Award

News from NYU Stern

Xi Chen. NYU photo

“Professor Xi Chen, NYU Stern assistant professor in the department of Technology, Operations, and Statistics, has been recognized by the National Science Foundation (NSF) with its Faculty Early Career Development Award (CAREER). As part of this prestigious award, Professor Chen will receive a total of $500,000 over the next five years to further his research in developing new statistical learning frameworks and online decision-making algorithms and in exploring applications to data-driven revenue management and crowdsourcing.

“The CAREER Program is a highly competitive, Foundation-wide activity that offers the NSF’s most prestigious awards in support of junior faculty who exemplify the role of teacher-scholars through outstanding research, excellent education, and the integration of education and research within the context of the mission of their organizations.

“Professor Chen’s research strives to develop a unified sequential statistical learning and online decision-making framework, which serves as an intellectual bridge connecting machine learning, stochastic optimization and decision theory. While traditional statistical learning usually deals with given static data, many online data are now collected via a sequence of interactions with agents (e.g., customers or crowd workers). The learned information from online data will help make better operational decisions such as price, ranking of items for display and recommended assortments of products. The developed statistical learning algorithms will be used in various industries, such as e-commerce and crowdsourcing.”

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Campus visits allow prospective students to talk with current MSF students, as well as faculty and staff. Daniel Dubois photo

Why Campus Visits Are Crucial To Deciding On The Right MSF Program For You

News from the Vanderbilt University Owen Graduate School of Management 

“This story was written by Maura Clark, director of admissions for the Vanderbilt Business Master of Science in Finance program.

“Campus visits are the highlight of my month at Owen. Few events beat hosting excited applicants at the business school. Campus visits are a fun few days where we get to know our candidates and share what we think makes the Vanderbilt MSF program special. Visitors attend class, interview with a member of the admissions committee, meet lots of current students, and check out life in Nashville. During our campus visits, we ensure that visitors have access to our faculty and career management staff and coordinate individual and small group conversations with members of the current MSF class.

“Stepping foot on campus helps you determine if Vanderbilt would be the right place for you. You can learn a lot from reading about a school online and talking to staff on the phone, but there’s simply no replacement for visiting campus in person. Throughout the visit, think critically about whether or not you can envision yourself spending a year at the school. Do you like the people? Do you feel comfortable? Is the community welcoming? These are all good questions to ask yourself during a visit.”

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Giving Workers A Voice Improves Retention

News from Michigan Ross

“Giving low-wage workers a ‘voice’ on the job — the ability to communicate concerns to management — was thought to improve employee satisfaction and retention.

“Now, a new study supports this theory using a field-based, randomized, controlled trial — the most rigorous scientific method of impact evaluation.

“Ach Adhvaryu of the University of Michigan Ross School of Business and colleagues Teresa Molina of the University of Hawaii and Anant Nyshadham of Boston College conducted the study in partnership with the largest ready-made garment company in India, Shahi Exports, which experiences high turnover among its 100,000 workers.”

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