Holiday gifts that encourage STEM education — Elaine Chen

MIT Sloan Senior Lecturer Elaine Chen

From Fortune

The gender imbalance in STEM fields is extreme. According to a 2010 AAUW report, boys and girls take math and science courses in roughly equal numbers in elementary, middle, and high school, however far fewer women than men pursue these fields in college. According to the National Science Foundation, 29% of all male freshmen planned to major in a STEM field in 2006 compared to 15% of all female freshmen.

Further, while 57% of undergraduate degrees are earned by women, only 12% of computer science degrees are earned by women. By college graduation, men outnumber women in nearly every science and engineering field.

This divide grows worse at the graduate level and is even wider in the workplace. GirlsWhoCode.com states that women make up half the U.S. workforce, yet hold only 25% of the jobs in the technical or computing fields. To quote from the site: “In a room full of 25 engineers, only three will be women.”

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Our two “E’s” at MIT Sloan: Education and Entrepreneur — Miro Kazakoff

Miro Kazakoff, MBA 2011  Image credit: Upstart Business Journal

MIT Sloan Lecturer Miro Kazakoff, MBA ’11
Image credit: Upstart Business Journal

Though my memory might fail me, the first person I remember meeting at the MIT Sloan School of Management was fellow first-year MBA student Tom Rose. Though we’re both the kind of students that enjoy classroom learning, it was the exciting and creative environment outside of class that really motivated us to try to build something from scratch. That’s why we launched “The MBA Show,” a weekly live web show about MBA news.  We never asked permission, the two of us just started shooting it every week in front of a red curtain taped onto the cafeteria wall. At Sloan, you were able to just kind of do those things without asking permission. You had the space and the freedom to be able to develop ideas and operate like that without having to ask anyone first..

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Tom Kochan: The Workforce

MIT Sloan Prof. Thomas Kochan
Photograph by Stu Rosner

From Harvard Magazine

An interview with Thomas A. Kochan, Bunker professor of management, MIT’s Sloan School of Management, and co-director of the MIT Institute for Work and Employment Research.

Harvard Magazine: You speak of a fundamental human-capital paradox in the way American employers and workers interact with each other.

Thomas Kochan: American corporations often say human resources are their most important asset. In our national discourse, everyone talks about jobs. Yet as a society we somehow tolerate persistent high unemployment, 30 years of stagnating wages and growing wage inequality, two decades of declining job satisfaction and loss of pension and retirement benefits, and continuous challenges from the consequences of unemployment on family life. If we really valued work and human resources, we would address these problems with the vigor required to solve them. Read More »

I Love Entrepreneurs But Not as My Science Teacher: “If you think education is expensive, try ignorance”

MIT Sloan Sr. Lecturer Bill Aulet

From Xconomy / Boston

It may be just a bumper sticker aphorism, but lately it’s got me thinking. Peter Thiel, early Facebook investor and Paypal cofounder, announced recently that he’s offering $100,000 to 24 young people to drop out of school and pursue an entrepreneurial idea in Silicon Valley. Thiel says the emphasis on having a degree has created “a bubble” in education, and he believes ideas can develop in a start-up environment much faster than on a university campus.

“We need more innovation,” he told the Financial Times recently. “There’s a tremendous cost to having the most talented people in society take on enormous debt, then take well-paying but dead-end jobs to service those loans for the next 15 to 20 years of their lives.”

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