Academic Ranking of World Universities 2015 Results

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Educational Innovation Weekly Review for Academics
Curated by Tecnológico de Monterrey's Observatory of Educational Innovation
August 18, 2015
Contact us observatorio@itesm.mx
Academic Ranking of World Universities 2015 Results
Times Higher Education
  • The 2015 Academic Ranking of World Universities (ARWU) was released by the Center for World-Class Universities at Shanghai Jiao Tong University. It has been recognized as the precursor of global university rankings and the most trustworthy one.
  • China has 32 universities in the top 500 table, the same number as last year, but they are edging up the ranks. 
  • Overall the US dominates the table, claiming more than half (51) the spots in the top 100. 
  • Meanwhile, Japan’s performance has declined this year. The country has 18 institutions represented, down from 19
Visit Website: http://bit.ly/academicranks

Keywords: higher education, rankings
Group of Seven Major Universities Seeks to Offer Online Microcredentials
Inside Higher Ed
  • Educational technology companies and other alternative providers have taken the lead in working with employers on these skills-based credentials.A new prototype from a group of seven brand-name universities could change that.
  • Tentatively dubbed the University Learning Store, the project is a joint effort involving the Georgia Institute of Technology, Northwestern University, the University of Washington, the University of California’s Davis, Irvine and Los Angeles campuses, and the University of Wisconsin Extension.
  • The partnership remains in its early stages. Officials described it as a joint online platform that will feature modular content, skills assessments and student-facing services, such as tutors, coaches and counselors.
Visit Website: http://bit.ly/microcred

Keywords: innovation, higher education, microcredentials
The Neoliberal Arts: How College Sold its Soul to the Market
Harper's
  • Four words, three of which — “leadership,” “service,” and “creativity” — are the loudest buzzwords in contemporary higher education. Four words — four slogans, really — whose meaning and function are left undefined, open to whatever interpretation the reader cares to project on them.
  • College is seldom about thinking or learning anymore. Everyone is running around trying to figure out what it is about. So far, they have come up with buzzwords, mainly those three.
  • Only the commercial purpose now survives as a recognized value. Even the cognitive purpose, which one would think should be the center of a college education, is tolerated only insofar as it contributes to the commercial. 
Visit Website: http://bit.ly/neoliberalcollege

Keywords: higher education, liberal arts
The Traditional US College Model Forces Students to Pay for Classes They Don’t Need
Quartz
  • Admittedly, there are instances when general-education requirements are useful, if not crucial to a student’s eventual success. There is certainly an argument to be made for English majors taking the odd statistical reasoning and/or economics course.
  • That being said, in every instance detailed, it appears students are spending a full year, at the least, paying for coursework that may not ultimately prove useful in whatever professional path they end up pursuing.
  • Some say the flexibility of the American curriculum is what makes it special. That may be the case. The fact remains, however, that colleges and universities have a financial incentive to keep curricula general and “flexible.” The longer a student takes to decide on a path of study, the likelier it is they’ll extend their study. That means more credit hours before graduating, and more tuition dollars in the school’s pocket.
Visit Website: http://bit.ly/payingforclasses

Keywords: higher education, flexibility, student debt
Following the Money in Ed-Tech Investment: Number of Mergers Grows
The Chronicle of Higher Education
  • The number of mergers and acquisitions in the industry has reached its highest peak in two and a half years, according to a recent report by the investment-banking firm of Berkery Noyes. In the past six months, the number of such mergers grew by 9 percent.
  • Just as investor dollars pushed the growth of for-profit higher education,  investments will  continue to spur innovation in higher education. These investor dollars are a road map for where you’re going to see higher education go in the future.
Visit Website: http://bit.ly/consolidationinvest

Keywords:  higher education, ed tech
Why are Fewer Foreign Students Heading to the U.S. and More to Australia?
The Hechinger Report
  • The share of international students who choose a U.S. university has dropped from 23 percent in 2000 to 16 percent in 2011. Meanwhile, other countries including Australia and the U.K. have experienced significant share increases.
  • And although the U.S. ranks high in post-secondary degree attainment, its student loan debt now exceeds $1 trillion with average student loan debt near $30,000. Private expenditure per student is eight times higher in the U.S. than in Europe and this has real potential economic impact. 
Visit Website: http://bit.ly/studyabroadinaustralia

Keywords:  international students, higher education
Crowdfunder Raises £100m for African and Asian MBA Students
Financial Times
  • Prodigy Finance was co-founded by three Insead business school graduates, led by South African-born chief executive Cameron Stevens, after discovering that many classmates had been refused bank finance despite their higher than average future earnings potential.
  • Three quarters of Prodigy’s borrowers come from developing world countries, including about a third from Brazil, Russia, India and China, many of whom find jobs in their home countries after graduation, making them extremely low risk.
  • Prodigy has processed more than $130m of loans for about 2,000 MBA students in 92 countries since it launched eight years ago and boasts repayment rates in excess of 99 per cent. 
Visit Website: http://bit.ly/crowdfundmba

Keywords: postgraduate education, crowdfunding
The Importance of Going Global
University Affairs
  • In nearly every university in North America, faculty and administrators have recognized the importance of globalization. Our futures, in a continent where demographic trends point to a smaller pool of students of traditional college or university age, depend increasingly on international enrollments.
  • We need to establish international reputations. And, we need to deploy resources to attract students who are capable of succeeding to our programs. We also must send more students abroad, because their success and that of our national economy are at stake. 
Visit Website: http://bit.ly/unigoingglobal

Keywords: globalization, higher education
Coursera Partners With Tech, Financial Firms for Online Classes 
The Wall Street Journal
  • Rick Levin, Coursera’s chief executive, said the courses—dubbed the Global Skills Initiative—will enable companies to expand the global pool of available talent in their respective industries and help universities provide courses that are in tune with what employers want.
  • The initial Global Skills Initiative classes include Essentials of Corporate Financial Analysis and Decision Making created by the Bank of New York Mellon and the University of Melbourne; the Internet of Things in conjunction with Qualcomm Inc. and the University of California, San Diego; and Big Data in conjunction with big-data software company Splunk Inc. and UC San Diego. Additional companies include Cisco Systems Inc., Microsoft Corp. and UBS AB.
Visit Website: http://bit.ly/moocglobalskills

Keywords: moocs, skills gap
Exploring the Value Proposition of Higher Education
Association of Governing Boards
  • Higher education is under increasing pressure to perform and better quantify results, but the demands vary substantially. 
  • In this time of change, we must rethink what we ask and expect of boards, which will necessitate altering structure and leadership.
  • People who work in higher education should be careful that, with the drive for colleges to be more like businesses, they are not impairing their ability to do the quality work of preparing students for the future.
Visit Website: http://bit.ly/valueprophe

Keywords: higher education, boards
The Coddling of the American Mind
The Atlantic 
  • In the name of emotional well-being, college students are increasingly demanding protection from words and ideas they don’t like.
  • This new climate is slowly being institutionalized, and is affecting what can be said in the classroom, even as a basis for discussion. During the 2014–15 school year, for instance, the deans and department chairs at the 10 University of California system schools were presented by administrators at faculty leader-training sessions with examples of microaggressions. 
  • What exactly are students learning when they spend four years or more in a community that polices unintentional slights, places warning labels on works of classic literature, and in many other ways conveys the sense that words can be forms of violence that require strict control by campus authorities, who are expected to act as both protectors and prosecutors? 
Visit Website: http://bit.ly/coddlingmind

Keywords: higher education, academic freedom
Educational Innovation Weekly Review is 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: observatorio@itesm.mx. 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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