For centuries, the college degree has been the global gold standard for assessing an individual entering the workforce. But the degree’s days alone at the top are most definitely numbered.
By 2020, the traditional degree will have made room on its pedestal for a new array of modern credentials that are currently gaining mainstream traction as viable measures of learning, ability and accomplishment.
The Economist’s first-ever college rankings are based on a simple premise: the economic value of a university is equal to the gap between how much money its graduates earn, and how much they might have made had they studied elsewhere.
The colleges and universities that made it to the top 5 are: Washington and Lee University (1st), Babson College (2nd), Villanova University (3rd), Harvard University (4th), and Bentley University (5th).
Innovation is the key to growth, and schools, increasingly, are valued for their ability to try new things to prepare students for the future. So what are the top schools for innovation?
Based on two recently published lists—one by the researchers at Thompson Reuters ranking the top schools for innovation and the other by the US News and World Report—these five universities were the common factors between the lists: Stanford University, MIT, Harvard University, Northeastern University, and University of Michigan.
The MIT Media Lab was launched in 1985 to bring together experts from different academic fields, founded on the idea that mixing and matching researchers and students would yield previously unimaginable technological breakthroughs.
Out of the MIT Media Lab has emerged the predecessor to Google Glass, the technology behind e-readers, the video game Guitar Hero and a bionic prosthetic leg.
"Technology is too important to be left to pure technologists," said Andrew Lippman. "We have this gang of people all working under one roof and all bumping into each other every single minute of every day. That's uncommon."
For decades now, technologists have been attempting to reinvent the school system. But at least so far, most of these efforts have run afoul. So now, some tech-minded parents and entrepreneurs are building their own alternatives.
Salman Khan is one of them. Khan is trying to reinvent the classroom. Again. And to do so, he has started a new school in Silicon Valley: the Khan Lab School.
The goal isn’t just to build one fancy school but to develop and test a new model of learning that can be exported to other schools around the world. To do so, Khan is setting up the Center for Learning Innovation, a network to enable similar-minded schools to share their projects and findings.
Corporate executives have no idea what to do to survive this tsunami of technology convergence; even the innovation models that they were trained on, such as Clayton Christensen’s The Innovator’s Dilemma, have become defunct.
Universities, though, do have the experts. They have an abundance of talent and intellectual property. This is a goldmine for industry. What better place is there to acquire intellectual property and talent than the universities, after all?
Stanford University figured this out long ago. Its faculty members are encouraged to work closely with industry, and these collaborations have led to innovation on a grand scale in Silicon Valley.
A surprising one out of every 14 of the people who attend community colleges has already earned a bachelor’s degree, according to the American Association of Community Colleges. At some community colleges, the proportion is as high as one in five.
This phenomenon has exposed a failure by some four-year universities to prepare their graduates for the kinds of jobs available in their surrounding regions.
Next on Google's to-do list: teach everyone how to build a tech startup. This is Google and Udacity’s answer to the MBA, and, if it does work, business schools will have some serious competition.
The search giant announced a partnership with Udacity for a 4-month curriculum in how to build, monetize, and manage their very own business. All of the courses are free, with project feedback and coaching for a monthly fee of $200.
Educational Innovation Weekly Reviewis curated by Tecnológico de Monterrey's Observatory of Educational Innovation. With the highlights of the week on innovation, technology and education. If you require more information about a specific note, please email us: firstname.lastname@example.org. TECNOLÓGICO DE MONTERREY, 2015.
Observatory of Educational Innovation
Tecnológico de Monterrey's Observatory of Educational Innovation: We identify and analyze the educational innovation trends that are shaping the future of learning and education.
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