Posts tagged ‘Fordham University’

November 25, 2011

Colleges that saddle graduates with the most debt (and those that don’t)

by Grace

From U.S. News & World Report, based on 2010 graduates

Colleges With the Most Student Debt

10. Fordham University – 64% of students graduate with debt averaging $38,151
..9. Stevens Institute of Technology – 70% of students graduate with debt averaging $38,554
..8. Case Western Reserve University – 60% of students graduate with debt averaging $39,236
..7. Widener University – 85% of students graduate with debt averaging $40,386
..6. New York University – 55% of students graduate with debt averaging $41,375
..5. Florida Institute of Technology – 65% of students graduate with debt averaging $41,565
..4. Barry University – 64% of students graduate with debt averaging $42,798
..3. Nova Southeastern University – 76% of students graduate with debt averaging $43,206
..2. Clark Atlanta University – 93% of students graduate with debt averaging $45,227
..1. University of North Dakota – 83% of students graduate with debt averaging $45,369

Fordham offers relatively generous merit aid, but it seems the combination of a high COA (approx. $59,000) and loan-heavy financial aid helps put it on this list.  Barry University is a HBCU.

Colleges With the Least Student Debt

10. Louisiana Tech University – 49% of students graduate with debt averaging $14,039
..9..Rice University – 36% of students graduate with debt averaging $13,944
..8. Brigham Young University – 31% of students graduate with debt averaging $13,354
..7. Texas Tech University – 40% of students graduate with debt averaging $11,502
..6. Lamar University – 63% of students graduate with debt averaging $12,110
..5. California Institute of Technology – 43% of students graduate with debt averaging $10,760
..4. Harvard University – 34% of students graduate with debt averaging $10,102
..3. Yale University – 28% of students graduate with debt averaging $9,254
..2. Sam Houston State University -46% of students graduate with debt averaging $7,602
..1. Princeton University – 24% of students graduate with debt averaging $4,385

With their generous financial aid policies that include middle- to high-income families, it’s not surprising to see the Ivy Leagues well-represented on this list.  Rice combines  relatively low tuition and favorable need/merit aid.

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September 29, 2011

Is data analytics the new ‘plastics’?

by Grace


In “The Graduate”, recent college graduate Ben receives advice from an old family friend.

Mr. McGuire: I just want to say one word to you -just one word.
: : : Ben: Yes sir.
: : : Mr. McGuire: Are you listening?
: : : Ben: Yes I am.
: : : Mr. McGuire: ‘Plastics.’
: : : Ben: Exactly how do you mean?
: : : Mr. McGuire: There’s a great future in plastics. Think about it. Will you think about it?
: : : Ben: Yes I will.
: : : Mr. McGuire: Shh! Enough said. That’s a deal.

Is data analytics the new plastics?  If so, even traditionally math-phobic marketing students may be forced to confront mathematics and statistics courses.

Faced with an increasing stream of data from the Web and other electronic sources, many companies are seeking managers who can make sense of the numbers through the growing practice of data analytics, also known as business intelligence. Finding qualified candidates has proven difficult, but business schools hope to fill the talent gap.

This fall several schools, including Fordham University’s Graduate School of Business and Indiana University’s Kelley School of Business, are unveiling analytics electives, certificates and degree programs; other courses and programs were launched in the previous school year….

Data analytics was once considered the purview of math, science and information-technology specialists. Now barraged with data from the Web and other sources, companies want employees who can both sift through the information and help solve business problems or strategize. For example, luxury fashion company Elie Tahari Ltd. uses analytics to examine historical buying patterns and predict future clothing purchases. Northeastern pizza chain Papa Gino’s Inc. uses analytics to examine the use of its loyalty program and has succeeded in boosting the average customer’s online order size….

Fordham this fall will introduce a required analytics course—Marketing Analytics —for M.B.A. students on its marketing track. “Historically, students go into marketing because, they ‘don’t do numbers,'”said Dawn Lerman, director of the business school’s Center for Positive Marketing. But these days, with so much data available surrounding consumer behavior, “you can’t hide from math and statistics and be a good marketer.”


Three more words:  21st Century Skills

ADDED:

As the use of analytics grows quickly, companies will need employees who understand the data. A May study from McKinsey & Co. found that by 2018, the U.S. will face a shortage of 1.5 million managers who can use data to shape business decisions.

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