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Chancellor University
Chancellor University was a private for-profit university in Cleveland, Ohio. The school was founded in 1848 as Folsom's Mercantile College to teach basic bookkeeping and business skills. It underwent several changes of name and ownership during its history. The college closed on August 25, 2013, at the conclusion of the summer semester. History The university was opened by R.S. Bacon as a college of business in 1848 on West 3rd Street in Cleveland, Ohio. Shortly thereafter it merged with Folsom's Mercantile College, founded by Ezekiel G. Folsom. Two of Folsom College's earliest students created the Bryant & Stratton Colleges which later acquired Folsom's school in a possibly forced merger. After the merger with the Bryant and Stratton system, the Cleveland school used the Bryant and Stratton name until 1867, when it took the name Union Business School to celebrate the Union's Civil War victory. The university in Cleveland was renamed Spencerian Business College in 1876 for one of ...
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Jack Welch Management Institute
The Jack Welch Management Institute (JWMI) at Strayer University is a for-profit online educational institution based in the United States, owned by Strategic Education, Inc. It was founded in 2009 by Jack Welch, former CEO of General Electric and his wife, Suzy Welch, author and public speaker. JWMI offers an online executive Master of Business Administration degreegraduate certificates and executive certificates for working adults. The company is headquartered outside of Washington D.C. at Strayer University's corporate office - 2303 Dulles Station Blvd, Herndon, VA 20171. History The Jack Welch Management Institute was sponsored by Chancellor University in 2009, when Welch invested $2 million to purchase a 12% share of the company running the university, Chancellor University Systems. The partnership investment was made possible due to the relationship between Jack Welch and entrepreneur Michael Clifford and allowed the school to emerge from bankruptcy. Chancellor named the ...
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Private University
Private universities and private colleges are institutions of higher education, not operated, owned, or institutionally funded by governments. They may (and often do) receive from governments tax breaks, public student loans, and grant (money), grants. Depending on their location, private universities may be subject to government regulation. Private universities may be contrasted with public university, public universities and national university, national universities. Many private universities are nonprofit organizations. Africa Egypt Egypt currently has 20 public universities (with about two million students) and 23 private universities (60,000 students). Egypt has many private universities, including The American University in Cairo, the German University in Cairo, the British University in Egypt, the Arab Academy for Science, Technology and Maritime Transport, Misr University for Science and Technology, Misr International University, Future University in Egypt and ...
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Not-for-profit
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to eve ...
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Higher Learning Commission
The Higher Learning Commission (HLC) is an institutional accreditor in the United States. It has historically accredited post-secondary education institutions in the central United States: Arizona, Arkansas, Colorado, Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, New Mexico, North Dakota, Ohio, Oklahoma, South Dakota, West Virginia, Wisconsin, and Wyoming. The headquarters of the organization is in Chicago, Illinois. The United States Department of Education and the Council for Higher Education Accreditation recognize the commission as an institutional accreditor; it was previously a regional accreditor. HLC grew out of the higher education division of the North Central Association of Colleges and Schools (NCA) which dissolved in 2014. Criteria for accreditation The Higher Learning Commission has five major criteria for accreditation. They are: (1) Mission, (2) Ethics, (3) Teaching and Learning: Quality, Resources, and Support, (4) Teaching a ...
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International Assembly For Collegiate Business Education
The International Accreditation Council for Business Education (IACBE), formerly the International Assembly for Collegiate Business Education, is an educational accreditation agency for college and university business programs founded in 1997. It is recognized by the Council for Higher Education Accreditation (CHEA) programmatic accrediting organization. Accreditation scope The IACBE accredits associate's, bachelor's, master's, and doctoral-level degree programs in business and business-related fields at institutions with bachelor's and/or graduate degree programs throughout the world. It is based in Olathe, Kansas, United States, with member institutions in more than 20 countries throughout the world. Business programs are evaluated based on the IACBE's accreditation principles, which examine eight major areas: outcomes assessment, strategic planning, curriculum, faculty, scholarly and professional activities, resources, internal and external relationships, and educational ...
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North Central Association
The North Central Association of Colleges and Schools (NCA), also known as the North Central Association, was a membership organization, consisting of colleges, universities, and schools in 19 U.S. states engaged in educational accreditation. It was one of six regional accreditation bodies in the U.S. and its Higher Learning Commission was recognized by the United States Department of Education and the Council for Higher Education Accreditation (CHEA) as a regional accreditor for higher education institutions. The organization was dissolved in 2014. The primary and secondary education accreditation functions of the association have been merged into AdvancED with the postsecondary education accreditation functions vested in the Higher Learning Commission. See also *List of recognized accreditation associations of higher learning This is a list of recognized higher education related accreditation organizations. The list includes agencies and organizations that play a role in hig ...
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Higher Education Accreditation
Higher education accreditation is a type of quality assurance process under which services and operations of post-secondary educational institutions or programs are evaluated to determine if applicable standards are met. If standards are met, accredited status is granted by the agency. In most countries around the world, the function of educational accreditation for higher education is conducted by a government organization, such as a ministry of education. In the United States, however, the quality assurance process is independent of government and performed by private agencies. The United States-based Council for Higher Education Accreditation (CHEA), a non-governmental organization, maintains an international directory which contains contact information of about 467 quality assurance bodies, accreditation bodies and ministries of education in 175 countries. The quality assurance and accreditation bodies have been authorized to operate by their respective governments either as ...
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The Washington Post
''The Washington Post'' (also known as the ''Post'' and, informally, ''WaPo'') is an American daily newspaper published in Washington, D.C. It is the most widely circulated newspaper within the Washington metropolitan area and has a large national audience. Daily broadsheet editions are printed for D.C., Maryland, and Virginia. The ''Post'' was founded in 1877. In its early years, it went through several owners and struggled both financially and editorially. Financier Eugene Meyer purchased it out of bankruptcy in 1933 and revived its health and reputation, work continued by his successors Katharine and Phil Graham (Meyer's daughter and son-in-law), who bought out several rival publications. The ''Post'' 1971 printing of the Pentagon Papers helped spur opposition to the Vietnam War. Subsequently, in the best-known episode in the newspaper's history, reporters Bob Woodward and Carl Bernstein led the American press's investigation into what became known as the Watergate scandal ...
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Strayer University
Strayer University is a private for-profit university with its headquarters in Washington, D.C. It was founded in 1892 as Strayer's Business College and later became Strayer College, before being granted university status in 1998. Strayer University operates under the holding company Strategic Education, Inc. (), which was established in 1996 and rebranded after the merger with Capella University. The university enrolls more than 50,000 students through both its online learning programs and 64 campuses located throughout 15 U.S. states and Washington, D.C. The university specializes in degree programs for working adults and offers undergraduate and graduate degrees in accounting, business administration, criminal justice, education, health services administration, information technology and public administration. History Early history Siebert Irving Strayer founded Strayer's Business College in Baltimore, Maryland in 1892. Strayer established the college to teach business skill ...
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Jack Welch
John Francis Welch Jr. (November 19, 1935 – March 1, 2020) was an American business executive, chemical engineer, and writer. He was Chairman and CEO of General Electric (GE) between 1981 and 2001. When Welch retired from GE, he received a severance payment of $417 million, the largest such payment in business history up to that point. In 2006, Welch's net worth was estimated at $720 million. Early life and education Jack Welch was born in Peabody, Massachusetts, the only child of Grace (Andrews), a homemaker, and John Francis Welch Sr., a Boston & Maine Railroad conductor. Welch was Irish American and Catholic. His paternal and maternal grandparents were Irish.Jack: Straight From The Gut, () Throughout his early life in middle school and high school, Welch found work in the summers as a golf caddie, newspaper delivery boy, shoe salesman, and drill press operator. Welch attended Salem High School, where he participated in baseball, football, and captained the hockey ...
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Master Of Business Administration
A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounting, applied statistics, human resources, business communication, business ethics, business law, strategic management, business strategy, finance, managerial economics, management, entrepreneurship, marketing, supply-chain management, and operations management in a manner most relevant to management analysis and strategy. It originated in the United States in the early 20th century when the country industrialized and companies sought scientific management. Some programs also include elective courses and concentrations for further study in a particular area, for example, accounting, finance, marketing, and human resources, but an MBA is intended to be a generalized program. MBA programs in the United States typically require completing ...
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