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Stanford’s elite business school caught cheating — by one of its own MBA students
San Jose Mercury News ^ | December 2, 2017 | Ethan Baron

Posted on 12/02/2017 2:52:46 PM PST by nickcarraway

Fellowship grants were used to rank students according to their value to the school

Half the students at Stanford University’s elite, $70,000-per-year business school receive fellowship grants. For years, the school has made it clear that the money goes to those who might otherwise be unable to attend, or who might be forced — against school recommendations — to work part-time during the Master of Business Administration program.

”All fellowships are need-based,” says promotional material from the Graduate School of Business. “It’s important to understand that we do not negotiate fellowship amounts or eligibility.”

But now, thanks to a huge breach of students’ personal financial data, the school has been caught cheating — by one of its own.

In February, MBA student Adam Allcock discovered 14 terabytes of confidential student data from financial aid applications, according to a new report. Later that month, Allcock reported the breach to the school’s financial aid director, and the records were removed within an hour, the report said.

However, Allcock had dug deeply into the data, spending 1,500 hours analyzing the information and putting together an 88-page report, according to Poets&Quants, a website covering business school news.

Allcock’s conclusion? The Graduate School of Business had not been honest with students, in fact had been “lying to their faces” for more than a decade.

Rather than being solely need-based, the fellowship grants were used to rank students according to their value to the school, Allcock determined.

The business school had routinely granted fellowship money to students without regard for their financial need, often favoring women and people with a background in finance — even though many had more money saved up than students who received less financial support, Poets&Quants reported.

(Excerpt) Read more at mercurynews.com ...


TOPICS: Business/Economy; Education; Society
KEYWORDS: highereducation; mba; stanford
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To: BwanaNdege

He out-sourced it to India using Fellowship funds? The bonus was the report which he kicked in another five bucks?


21 posted on 12/02/2017 4:35:28 PM PST by Deaf Smith (When a Texan takes his chances, chances will be taken that's for sure)
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To: BwanaNdege; Gideon7
"How do you spend 1,500 hours in a month..." Answer in the article:
"In February," <- He has had 9 months to analyze the data.
22 posted on 12/02/2017 5:30:07 PM PST by Wayne07
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To: nickcarraway

“often favoring women and people with a background in finance”

Just as with certain preferred ethnic minorities, how can any woman expect to be treated as an equal by white or Asian men when this nonsense goes on? The government that coerces this nonsense is TELLING US THEY AREN’T EQUAL.


23 posted on 12/02/2017 7:15:26 PM PST by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: nickcarraway

Given the perfered are “International students and women”, the excluded group is white men.


24 posted on 12/03/2017 10:30:12 AM PST by SaraJohnson ( Whites must sue for racism. It's pay day.)
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To: SaraJohnson

It says they were giving women an advantage, and excluding international students. Are international students white men?


25 posted on 12/03/2017 2:24:01 PM PST by nickcarraway
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To: nickcarraway

The codded term “international students” means racial minorities.


26 posted on 12/03/2017 2:45:17 PM PST by SaraJohnson ( Whites must sue for racism. It's pay day.)
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To: SaraJohnson

So does “the community.”


27 posted on 12/03/2017 2:48:44 PM PST by Chickensoup (Leftists today are speaking as if they plan to commence to commit genocide against conservatives.)
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To: Chickensoup

Yes.


28 posted on 12/03/2017 3:24:34 PM PST by SaraJohnson ( Whites must sue for racism. It's pay day.)
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To: SaraJohnson

Yes, but did you read the article. International students were the ones discriminated against foreign students. So, you are saying Stanford is discriminating against racial minorities.


29 posted on 12/03/2017 3:35:56 PM PST by nickcarraway
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