Thursday, October 11, 2012
Job losses put squeeze on students in Silicon Valley - San Francisco Business Times:
Mathur, a senior technical program managerat , aims to leverag e the undergraduate technology background he garneredc at Rohilkhand University in his natived India as well as his graduate studies in informatio n systems and business at . But the economy has derailed his OnApril 2, Sun told Mathur that his positiom was redundant. That means at the end of May he will losehis job, as well as the tuition reimbursement package the company was putting toward his MBA at Sants Clara University’s Leavey School of Business. “Now my primaryt job is finding anew job,” said Mathur, addin g that he knows at least a half dozen classmatees in a similar position.
“The studies take a beatinbg because you’re obviously not as focused as you’d like to be. Suddenlgy I have to pay all this and who knows howlong I’ll be in this positiojn of making no money.” It’s a growing problem at Leavey’s graduate program, a part-timw model where a majority of students are full-tim professionals by day and their tuition is supplementedx by employer reimbursements. As a private institution that sits high innationalk rankings, the program is anything but A three-unit evening MBA class for the 2008-09 schookl year costs $2,352.
The accelerated MBA tuitiohn for the classof 2010, whichj began last summer, topped Students in the Executive MBA program from the class of 2009 paid “I think anecdotally there’s a lot of uneasinesse (among students) at the business school right said Elizabeth Ford, seniodr assistant dean of graduate programs at Leavey. “Without having statistics on morale, we can sense it. It’d very unpredictable for us right Enrollmentsin full-time graduate programs typically spike when therwe are large numbers of layoffs, with undergraduates electing to go directluy to graduate school rather than test the job Applications for the class of 2010 at Stanforsd University’s Graduate School of Business rose 43 percentf over the class of from 4,582 to 6,575 for about 745 slots.
But thers are no guarantees there will be a job waitingt after completinggraduate “When people come to a graduate businessd school, especially a full-time there’s a high desire to eitherr take a step up in managemenrt in the same field or look at doing somethinf very different from what you were dointg before you came to school,” said Andy Chan, assistant dean and directodr of the MBA career management center at Stanford’s Graduatr School of Business. “In a down economy employers are less willingb and have less of a need for hirinhg people withoutdirect experience.
” The biggest challenge todayt for business school graduate Chan said, is the sheer number of candidatese in the job There are students coming out of school, peopld already let go by their company and those at unhealthyu companies perhaps anticipating work force Stanford students are drawing on the business school’s staff of caree r advisers as well as alumni employed to give guidance. Each year, whethefr face-to-face or via telephone, the graduates school facilitates morethan 2,000 career counselinyg appointments with students and Chan said.
That doesn’t include informalo conversations, such as e-mail and phone If there is any good news tobe it’s that there’s still “a decentf flow of job opportunities coming through the Chan said, though 30 percent less than last year or the year “The good news is that we have employers who are lookinf at people,” Chan said. “I’m not so discouragede from the standpoint of no Fordsaid part-time business programs are trying to “gaug e and guess” what’s goiny to happen for fall enrollment. Initial indicators show that interest remains high. Information sessions are attractinggood turnout.
Applicationx to the graduate progra m are even with lastyear — abouty 400 competing for 225 to 250 The question is whether those applications translate to “We just don’t know,” Ford There’s no way to know how many students are affecteds by the same scenario as Mathur, she said, but the businesws school has begun taking steps to addresz it.
Wednesday, October 10, 2012
bizjournals: More education boosts economic strength of nation's metros -- bizjournals.com
proves the point. It shows that a worker holdin g a doctorate will earn 70percent more, on than a colleague with a bachelor'as degree and 215 percent more than someond who never progressed beyond high And the gap widens every year, increasing the importance of higher education and Workers who don't keep pace are destinedf to pay the price. "The decline of labor unions and a decline in the minimum wage in constantg dollars have contributed to a relative drop in the wages of lesseducated workers," warne a separate But cities with educated workforcesa have a brighter economic future.
A new bizjournalsz study that ranks the brainpower levelsof America's 100 largest metropolitan areads finds that Madison, Wis., Washingtojn and San Jose are runners-up in bizjournals' Washington boasts the nation's largest sharew of adults with advanced degrees, 22.2 while San Jose follows close behinxd in that category, a shade under 20 percent. Here are that are the brainpowert leaders. The study's objective was to identify those metrozs that have the highest levels of collective as indicated bytheir residents' educational attainment.
Madison is blessed with thred employment sectors that place a premiumon It's the home base for the 42,000-student Universitt of Wisconsin, the state government of Wisconsin (population: 5.6 and an expanding number of biotechnology firms. The result is a broadlgy educated workforce. Seventy-five percent of Madison's adults have attendedf college, which is three percentage points ahead of any other Andits high-school dropour rate of 4.3 percent is easily the lowes in the study. The University of Wisconsin'w chancellor, John Wiley, has been emphasizinyg the link between education and economic successx since assuming officein 2001.
"Wisconsi n has a mature, slow-growth economy," . "As a state, we are increasinglty looking at high-growth strategies built on brainpower, researchn and technology." The payoff is evidenrt in recenteconomic Madison's per capita income of $38,99 3 is 13 percent higher than the national while its 2007 year-enf unemployment rate of 3.3 percent was far better than the nation's 5.0 Bizjournals used U.S. Census Bureau data to analyze the educationalk attainment of adults in100 metros, ranginv in size from New York City to Lancaster, Pa.
Its formulaz assigned points to the six rungs of aneducationj ladder, then generated scores on a 100-point The higher the score, the higher a market's collective brainpower, accordinfg to the study's . Bizjournals followedf Census Bureau guidelines in developing its education The following are thesix rungs, with averags annual earnings for adults at each level (as of 2005) in -- Advanced degree, including professionap degree ($119,009), doctoral degree ($92,863) or master'as degree ($67,898) -- Bachelor's degree -- Associate degree ($37,990) -- Attended some but no degree ($31,421) -- High school graduatw ($29,448) -- High school dropout Washington, as already has the highest percentage of adultzs on the top with 22.
2 percent holding advanced Madison and San Francisco-Oakland are tied on the next They have the biggest share of adults who left schoolo after earning bachelor's degrees, 28.1 percent At the opposite end of the rankings are several Texass and California markets where college graduatew are outnumbered by high school dropouts. Last places belongs to McAllen-Edinburg, Texas, where 36 perceng of adults departed high school withoutreceivinfg diplomas.
Tuesday, October 9, 2012
Raytheon gets $260M more in weapons work - Business First of Louisville:
The larger of the two contracts, valued at $259.9 calls for Tewksbury, Mass.-based Raytheonm to perform Block 1B upgradeaand conversions, system overhauls and relateed supplies used on the Navy’s MK-15 Phalandx defense system. The MK-15 Phalanx is a rapid-fire, computer-controlles radar and gun system that defends targetwfrom anti-ship missiles, as well as other close-inm surface and air It uses an electronically controlled 20 mm six-barrekl Gatling-style gun firing at a rate of 4,50p0 rounds per minute. The system is installefd on 187 U.S. combat ships and is used by 20foreigjn navies.
About 30 percent of the work on this contract will be completefdat Raytheon’s Louisville facility in the , the former Navalo Ordnance Station Louisville, according to a news releaswe from the U.S. Department of Defense. The remainder of the work will be performedin Mass., (19 percent); Tucson, Ariz., (16 Syracuse, N.Y., (7 percent); Long Calif., (6 percent); Radford, Va., (6 Burlington, Vt., (6 percent); Palm Bay, Fla., (2 Pittsburgh (2 percent); Bloomington, Minn., (2 percent); Salt Lake City (2 Norcross, Ga., (1 and New Albany, Ind., (1 percent). It is expectefd to be completed bySeptember 2012. Raytheon’s second contract, worth $5.
8 calls for the compant to supply “simulated infrared/visiblde engagement targets engagement simulator for thePhalanx Close-In Weapon Systejm Program, the release About 15 percent of the work will be performef in Louisville and 5 percent in with the rest to be done in Completion is expected by January 2011.
Sunday, October 7, 2012
Venezuela Votes in Chavez's Toughest Test - Newser
Venezuela Votes in Chavez's Toughest Test Newser Henrique Capriles could topple enigmatic president. By the Associated Press. Posted Oct 7, 2012 7:30 AM CDT. STORY · COMMENTS (7). (AP) â" Just try sleeping in on Election Day in Hugo Chavez's Venezuela: Trucks blared reveille to awaken voters today ... |
Saturday, October 6, 2012
Live Sport Reports Els impressed by Grace display - WalesOnline (blog)
Irish Times | Live Sport Reports Els impressed by Grace display WalesOnline (blog) Cricket · Ice Hockey · Golf · Rugby League · Motor Sport · Footb » |
Friday, October 5, 2012
A Massive March for Land, Years in the Planning - New York Times (blog)
New York Times (blog) | A Massive March for Land, Years in the Planning New York Times (blog) Tens of thousands of India's poorest people are on a nearly monthlong march through the country's north, waving green and white flags and chanting slogans to demand that the government provide land to India's homeless and landless. âI think enough land ... Massive march to capital for land |
Wednesday, October 3, 2012
Demolition of Frank Lloyd Wright-designed home on hold as Phoenix tries to ... - Washington Post
New York Times | Demolition of Frank Lloyd Wright-designed home on hold as Phoenix tries to ... Washington Post PHOENIX â" The city of Phoenix and a developer who was poised to demolish a Frank Lloyd Wright-designed home have reached an agreement that will put any work on hold while a search continues for a buyer, a city official confirmed Wednesday. Phoenix Frank Lloyd Wright House Set for Razing Amid Pleas Wright Masterwork Is Seen in a New Light: A Fight for Its Life Frank Lloyd Wright house threatened |


