Difference between revisions of "McKinsey Arts and Sciences Report"
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− | The '''McKinsey Report''' was a document produced by the management consulting firm McKinsey & Company in summer 2011 which recommended changes to the administrative structure of Columbia University. The controversy over the report revolved around the plan to further integrate [[Columbia College]] and other schools into the [[Faculty of Arts and Sciences]], led at the time by Executive Vice President of Arts and Sciences [[Nicholas Dirks]]. The report was popularized among the Columbia community after [[Moodygate]], when former [[Columbia College]] Dean [[Michelle Moody-Adams]] suddenly announced that she would be leaving her post in wake of concerns over traConsultants' budget, structure recommendations at core of Moody-Adams' resignationnsformations in "the administrative structure in Arts and Sciences."<ref>[http://www.columbiaspectator.com/2011/08/23/consultants-budget-structure-recommendations-core-moody-adams-resignation "Consultants' budget, structure recommendations at core of Moody-Adams' resignation"], Columbia Spectator, 23 August 2011</ref> | + | The '''McKinsey Report''' was a document produced by the management consulting firm McKinsey & Company in summer 2011 which recommended changes to the administrative structure of Columbia University. The controversy over the report revolved around the plan to further integrate [[Columbia College]] and other schools into the [[Faculty of Arts and Sciences]], led at the time by Executive Vice President of Arts and Sciences [[Nicholas Dirks]]. The report was popularized among the Columbia community after [[Moodygate]], when former [[Columbia College]] Dean [[Michelle Moody-Adams]] suddenly announced on August 21, 2011 that she would be leaving her post in wake of concerns over traConsultants' budget, structure recommendations at core of Moody-Adams' resignationnsformations in "the administrative structure in Arts and Sciences."<ref>[http://www.columbiaspectator.com/2011/08/23/consultants-budget-structure-recommendations-core-moody-adams-resignation "Consultants' budget, structure recommendations at core of Moody-Adams' resignation"], Columbia Spectator, 23 August 2011</ref> Before she resigned, Dean Moody-Adams warned that if the McKinsey report were implemented, it would "compromise the College’s academic quality and financial health."<ref>[http://bwog.com/2011/08/21/breaking-dean-moody-adams-resigns-2/ Dean Moody-Adams's resignation letter]</ref> |
− | + | The report was confidential, but the [[Columbia Daily Spectator]] was able to obtain a summary of it a few months later. On April 12, 2012, editors [[Sam Roth]] and [[Michele Cleary]] published an [http://eye.columbiaspectator.com/?q=article/2012/04/12/black-box article about the report] in [[The Eye]]. They also uploaded an [http://www.scribd.com/doc/88994166/McKinsey-Project-Summary—Columbia-Arts-Sciences-Review executive summary of the McKinsey Report] to Scribd. | |
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==Report Content == | ==Report Content == | ||
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====No Loan Policy==== | ====No Loan Policy==== | ||
The McKinsey Report recommended that Columbia's financial aid office consider bringing loans back into its official policy for assembling aid packages. Columbia eliminated loans in its package for families earning less than $50,000 a year beginning in the 2007-2008 academic year, and eliminated loans entirely the year after. In an effort to increase revneue, | The McKinsey Report recommended that Columbia's financial aid office consider bringing loans back into its official policy for assembling aid packages. Columbia eliminated loans in its package for families earning less than $50,000 a year beginning in the 2007-2008 academic year, and eliminated loans entirely the year after. In an effort to increase revneue, | ||
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+ | ==External links== | ||
+ | * [http://www.scribd.com/doc/88994166/McKinsey-Project-Summary—Columbia-Arts-Sciences-Review McKinsey Report Summary] | ||
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+ | ==References== | ||
+ | <references/> | ||
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[[Category:Scandals]] | [[Category:Scandals]] |
Revision as of 20:05, 24 April 2013
The McKinsey Report was a document produced by the management consulting firm McKinsey & Company in summer 2011 which recommended changes to the administrative structure of Columbia University. The controversy over the report revolved around the plan to further integrate Columbia College and other schools into the Faculty of Arts and Sciences, led at the time by Executive Vice President of Arts and Sciences Nicholas Dirks. The report was popularized among the Columbia community after Moodygate, when former Columbia College Dean Michelle Moody-Adams suddenly announced on August 21, 2011 that she would be leaving her post in wake of concerns over traConsultants' budget, structure recommendations at core of Moody-Adams' resignationnsformations in "the administrative structure in Arts and Sciences."[1] Before she resigned, Dean Moody-Adams warned that if the McKinsey report were implemented, it would "compromise the College’s academic quality and financial health."[2]
The report was confidential, but the Columbia Daily Spectator was able to obtain a summary of it a few months later. On April 12, 2012, editors Sam Roth and Michele Cleary published an article about the report in The Eye. They also uploaded an executive summary of the McKinsey Report to Scribd.
Report Content
Revenue
As the summary makes clear, some of the main recommendations from the report aimed to increase revenue. The Spectator article states that "McKinsey’s report was commissioned in part to help administrators eliminate a budget deficit that has plagued A&S for the last few years."
No Loan Policy
The McKinsey Report recommended that Columbia's financial aid office consider bringing loans back into its official policy for assembling aid packages. Columbia eliminated loans in its package for families earning less than $50,000 a year beginning in the 2007-2008 academic year, and eliminated loans entirely the year after. In an effort to increase revneue,
External links
References
- ↑ "Consultants' budget, structure recommendations at core of Moody-Adams' resignation", Columbia Spectator, 23 August 2011
- ↑ Dean Moody-Adams's resignation letter