Idea Bank: A New Financial Model

4/3/13
Deeper Industry Partnership
4.333335
Average: 4.3 (3 votes)

I attended MIT for undergrad and then again a few years later for MIT Leaders for Global Operations (LGO). LGO has a fantastic model that should be rolled out across the institute of having industry partnerships which supplement education. LGO has...

1 Comments
A New Financial Model, Improving accessibility and affordability, Revenue opportunities, Education & Facilities, Educational experiences, industry, companies, partnership
4/3/13
Have students live OFF campus
3.333335
Average: 3.3 (3 votes)

One of our macro goals in the community is to retain the talent that we gather here at MIT from around the world. The more students are integrated into the life of the wider Cambridge/Boston community while they are here, the better. As such,...

3 Comments
A New Financial Model, Cost reduction strategies, Education & Facilities, Physical spaces, Global Implications of EdX, Beyond the residential campus
4/3/13
Entrepreneurs on campus
0
No votes yet

MIT would accept applications from entrepreneurs who wish to come to MIT to create new companies. Each entrepreneur would agree to give at least one seminar on entrepreneurship each semester. These entrepreneurs would be self funded or funded by...

0 Comments
A New Financial Model, Improving accessibility and affordability, Revenue opportunities, Education & Facilities, Educational experiences, Physical spaces, Global Implications of EdX, Global implications of edX, entrepreneurship, entrepreneur, start up, company, commercial collaboration
4/3/13
Have your cake and eat it too
3.333335
Average: 3.3 (3 votes)

Both on-campus and online learning have advantages in how people learn, cost of education, accessibility, etc. The future MIT must combine the best on-campus experience with the best virtual experience offering the right material, through the right...

0 Comments
A New Financial Model, Improving accessibility and affordability, Education & Facilities, Educational experiences, Physical spaces, Global Implications of EdX, Global implications of edX, Beyond the residential campus, research, continuous improvement, framework, strategy
4/3/13
Intellectual Property Emancipation
5
Average: 5 (1 vote)

MIT policy should be changed to make all intellectual property developed by anyone at MIT the sole property of the inventor(s). The primary reason for this is that the current process slows down innovation tremendously. A secondary reason is that...

0 Comments
A New Financial Model, Improving accessibility and affordability, Revenue opportunities, Cost reduction strategies, Global Implications of EdX, Global implications of edX, Intellectual property, IP, invention, technology transfer, ownership, inventor, innovation, entrepreneurship, revenue, royalty, royalties, alumni, donation, property, policy
4/3/13
“Remote Branch Campus” Concept
0
No votes yet

A hypothetical university enrolls 100 students in its freshman class. Without fail, 10% of those students drop out during their first year. This university could accept an additional 40 students to take online courses only. These 40 students would...

0 Comments
A New Financial Model, Improving accessibility and affordability, Education & Facilities, Educational experiences, Global Implications of EdX, Beyond the residential campus, online, branch campus
4/3/13
Certifications
1
Average: 1 (1 vote)

My sister recently took her actuarial exam. She has a math degree, but not necessarily the course work to pass the first exam. This seems like an ideal place to utilize online course work. Maybe companies/individuals could spend a few hundred bucks...

0 Comments
A New Financial Model, Improving accessibility and affordability, Education & Facilities, Educational experiences, Global Implications of EdX, Beyond the residential campus, online certifications
4/3/13
“MIT missionaries” Concept
1
Average: 1 (1 vote)

I can imaging taking one professor, placing him in a community college with 20 (excellent) students and giving him full access to the online courses. In 4 years and with a few bucks for the professor’s time and for class projects, you could have 20...

0 Comments
A New Financial Model, Improving accessibility and affordability, Education & Facilities, Educational experiences, Global Implications of EdX, Global implications of edX, Beyond the residential campus, online, remote
4/3/13
Be a leader in accessible educational technology
5
Average: 5 (10 votes)

MIT is the premiere science, technology and engineering university in the US and the world. Whatever we do with online education, we need to be the world leader in making it as accessible and inclusive to the widest possible audience. This means...

0 Comments
A New Financial Model, Improving accessibility and affordability, Education & Facilities, Educational experiences, Global Implications of EdX, Global implications of edX, accessibility, usability, universal design
4/2/13
Interdisciplinary Academic Programs Focused on Specific Goals for Improving the World
4.5
Average: 4.5 (2 votes)

Considering that the "Institute is committed to generating, disseminating, and preserving knowledge, and to working with others to bring this knowledge to bear on the world's great challenges," what about creating interdisciplinary academic programs...

0 Comments
A New Financial Model, Revenue opportunities, Education & Facilities, Educational experiences, global, online