Word: teaching
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Dates: during 1980-1989
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...1930s, the focus shifted to stressing improvement of suburban public schools. In the 1960s, the Ed School worked to alleviate the social and urban problems of the United States through education. At that time, budget cuts forced the school to eliminate many of the basic programs designed to teach teachers how to organize and run a classroom. The Ed School then began to concentrate on post-secondary education, research, and analysis of theoretical issues...
...teach a group of Cub Scouts to do portfolio analysis...
...chair and puts his name card on his section of a long curving desk. Then comes the work, endless work. The first-year student stays at his desk for three hours in the morning and 1½ hours in the afternoon while the different professors come and go. They teach all the required basic courses-finance, marketing, production and operations management-by the case method that Harvard pioneered in 1924 and still considers fundamental (see box). These real-life cases are complex: 20 to 30 pages each, requiring two or three hours of preliminary study. The students usually have...
...considerable part of what business schools teach is not directly connected to the techniques of business at all. "The most important thing was simply being exposed to the state of the art-plus gaining confidence," says Cathleen Costello, 28, who got her M.B.A. from Columbia in 1979 and now works as a marketing manager at American Express. "M.B.A. schools don't necessarily teach you anything you can use," agrees Marcia Berss, 29, who graduated from Chicago last June to a job at more than $30,000 with the investment firm of A.G. Becker. "It's just that companies...
...that is the way the game is played, I'll play the game.' I don't know of any business school professor in the country who has ever taught anybody that a short-term profit horizon is the right thing. Business schools are the places that teach value analysis. The short-term outlook reflects the business environment. And I don't pay our graduates $35,000 a year; Wall Street does. I can keep them reasonably humble when I grade their papers, but when Wall Street tells them they are God's gift to investment...