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Almanac
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Business New Haven
2/21/2000
By: BNH
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UConn an M.B.A. Bargain, Says Mag
Forbes magazine has rated the University of Connecticut School of Business among the best M.B.A. values among regional B-schools. The February 7 Forbes ranks the nation's top 25 “national” and top 25 “regional” business schools, placing UConn 15th in the latter group. Most schools in the “regional” category are public, draw the bulk of their students from within a few hundred miles and have a media cost (tuition plus lost income) of less than $90,000. UConn ranked ahead of schools such as Arizona, Arizona State, Washington and Florida, and just behind No. 12 Penn State, Illinois (No. 13) and Rice University in Texas (No. 14). No. 1 in the national category - no big surprise here - was Harvard, even though its costs ($200,000, $50,000 for tuition and $150,000 in lost compensation) were highest of all.
New OT M.S. at SHU
FAIRFIELD - Sacred Heart University is rolling out a new master's degree program in occupational therapy. The first graduate-level OT program in the state, the SHU program is also Connecticut's first to meet the new requirement of the American Occupational Therapy Association, which recently mandated that programs seeking its accreditation will need to add master's-level programs by January 2007. “This program breaks new ground in many ways,” says Jody Bortone, the program's director. “Students will benefit from the unique curriculum design, the chance to get practical hands-on experience and the opportunity to learn from an impressive cadre of faculty.” The curriculum emphasizes small group tutorials led by faculty who help students bridge classroom learning with clinical experience.
Making Book
on New Haven
Former Register editor Robert Leeney is penning New Haven: An Illustrated History, slated to be published this fall in cooperation with the New Haven Colony Historical Society. The tome will include some 200 illustrations spanning the Elm City's 363-year history, with special emphasis on the 20th century. One chapter will be devoted to the history of commerce and industry in New Haven. The volume is being published by Community Communications Inc., which is soliciting ads to help foot the bill for the project.
Slow & Steady
Wins the Race?
At 12 percent growth during 1999, Yale University's return on investments was slightly better than the national average of 11 percent in a year of miniscule inflation. On February 11, the National Association of College & University Business Officers released its survey of mean endowment return - an endowment's increase in value before spending - for 503 institutions nationwide. The 11-percent average gain was down from the 18- and 21-percent average hikes the two previous years, but is considered modest performance in a fat economic year. That's due in part to the heavy dependence of most endowments on bonds and other low-yield, low-risk investment instruments. At Yale, endowment spending accounts for $277 million, or about 22 percent of this year's operating revenues. At $7.2 billion, Yale's endowment is the nation's third-largest, following Harvard and the University of Texas system. Princeton and Stanford round out the top five.
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