Federal Reserve Bank of New York President William Dudley says scandals in the banking industry have led to decreased interest in the sector among new MBA graduates. Dudley, who cited meetings with business-school leaders, suggested more work needs to be done to improve the culture of the industry.
Prospective MBA students should seek programs that teach the fundamentals of artificial intelligence, says Willem-Jan van Hoeve, an associate professor of operations research at Carnegie Mellon University's Tepper School of Business. Other experts recommend students look for programs that address ethical considerations of AI and realistically explore its limits.
College and university IT leaders need to be aware of what's going on in their departments, but they should avoid stifling employees' creativity and ingenuity, says Indiana University security expert Mark Bruhn. Leaders also must be able to effectively communicate both risks and strategy across departments, Bruhn asserts.
More than 250 college and university presidents have signed on to a letter urging Congress to reach a deal to protect students currently enrolled in the Deferred Action for Childhood Arrivals program. The presidents say failure to reach a deal would affect many groups, and that "Our country and our economy will be poorer for it."
To properly secure networks, higher-education IT professionals should track down "zombie" machines still in operation, plus check the security of devices such as printers and other unsecured devices, says Curt Carver, vice president and chief information officer at The University of Alabama at Birmingham. IT leaders must proactively address vulnerabilities and work to educate those on campus about security, experts suggest.
Student groups that represent low-income and first-generation students at 12 elite colleges and universities are asking administrators to review the practice of legacy admissions. The groups, in a joint letter to leaders, says they are not urging an end to the practice, but for schools to ensure "that all students have equal footing in the admissions process."
Carnegie Mellon's Tepper School of Business' online-hybrid MBA program takes the top spot in the Poets & Quants inaugural ranking of online business schools, with Indiana University's Kelley School of Business Kelley Direct program coming in second. Admissions standards played a key role in the ranking, according to the publication.
Michigan lawmakers are considering a proposal that would withhold funding from public colleges and universities that fail to meet Title IX, and other requirements, to prevent campus sexual assaults. Under the plan, a portion of an institution's funding would be held in escrow until all requirements are met.
Three private college graduate student unions have withdrawn their petitions for elections from review by the National Labor Relations Board, saying they'll work for recognition within their institutions. A statement from graduate union members at the University of Chicago pointed to the anti-union climate of the NLRB under President Donald Trump for their decision.
A new formula for work-study programs under the House proposal to reauthorize the Higher Education Act would boost funding for programs at community colleges and for-profit schools, but reduce support for programs at some elite private colleges, according to an analysis by the American Council on Education. Large public institutions that enroll many low-income students would also see funding reductions, the analysis found.