Archive for the Community Service Category
The Graduate Management Admissions Council is looking to re-design management education and it wants you to make suggestions. From their press release:
“GMAC is inviting anyone to submit three paragraphs that answer this question: What one idea would improve graduate management education? The GMAC Management Education for Tomorrow (MET) Fund will award a total of US$250,000 in prizes to 15 people whose ideas rise to the top, with the most promising proposal taking home US$50,000.”
Have you often thought of ways to better educate new managers? Do you wish for changes in the MBA curriculum so the managers you hire are better prepared to deal with the issues you face? Here is your opportunity to give input into what the soon to be minted MBA’s learn. If you do have a few thoughts, please share them with us.
Establishing a National Entrepreneurship Day is the brainchild of the founders of the Grasshopper Group who launched the initiative on May 11, 2010. So far in excess of 1800 signatures have been gathered.
Recognizing that the economic recovery is dependent on jobs creation and that most of those jobs will be created by small to mid-size companies, the founders of the Grasshopper Group and others think the government needs to pay more attention to those size companies.
The Kauffman Foundation, which supports entrepreneurship, is planning to tie the kick-off of its annual Global Entrepreneurship Week in November to National Entrepreneurship Day.
The signature drive is being publicized through Twitter and Facebook in order to gather the estimated 1 million signatures needed to have the petition receive serious consideration by President Obama. The Boston Globe included an article in the Business section yesterday about the idea as Grasshopper is a local success story.
As a long-time consultant and contract CFO to entrepreneurial ventures I want to see this day get established. So tell your family and friends!
Many seniors will graduate with an average student loans outstanding of $23,000, according to the Project on Student Debt an initiative of the Institute for College Access & Success. Therefore it is of critical importance to ensure your graduate understands how to manage payment so that the amount doesn’t grow to be overwhelming.
Michelle Singletary who writes the Color of Money column for The Washington Post recommends the CliffsNotes book “Graduation Debt: How to Manage Student Loans and Live Your Life” by Reyna Gobel. The book is comprised of twelve chapters that take a graduate from determining just how much is owed through how to manage it by discussing budgeting during different economic scenarios, paying off private debt, living a frugal lifestyle while having fun, managing debt in relationships, and how lenders view a graduate’s debt.
Graduation Debt is available as both a book and a PDF on the CliffsNotes website. The book is also available on Amazon.
If your graduate is light on financial literacy perhaps include this book as part of their graduation gift. Also steer them toward the Project on Student Debt where there are additional resources.
