The IRON List - September 26, 2017
1. Industry: Higher Learning
Debate continues over the legality and logic of President Trump’s “America First” policy, particularly manifested in his latest U.S. travel ban. The new regulations prevent “citizens of the [banned] countries...from coming to work, study or vacation in America.”
What repercussions will this have on the $32.8 billion USD revenue America earns from international students? The National Association for Foreign Student Affairs (NAFSA) reports that the university tuition and fees spent by every seven international students contribute to creating three new jobs for U.S. citizens. That economic benefit rose by close to 300% between 2005 and 2015. China, India and South Korea are top contributors, but the social impact of African international students is also making headlines and shouldn’t be underestimated. However, the travel ban in the U.S. and hostility towards Africans studying in other Western nations may push the continent to cultivate its talent within its own borders and for its own benefit.
"This strategy is a good start to enhance North Africa-Sub-Saharan Africa cooperation in higher education in order to promote student and staff exchange as well as facilitating knowledge and best practices transfer among universities across the African continent.” --University World News, “Tunisia in new bid to attract Sub-Saharan students.”
“The university said it hopes Soyinka's periodic presence on campus will boost plans to set up a creative writing program.” --News 24, “On the road: Nobel laureate Soyinka to teach in South Africa.”
“An economic development trip to help Brazilian cashew farmers create sustainable practices – and the inspiration of her mother half a world away, caring for her disabled younger sister, working two jobs, and mentoring African businesswomen – drove home Shereni's desire for a degree with global impact.” --Arizona State University, “International student finds home at Thunderbird School.”
“It makes being here extremely isolating at times, because if you don't say anything, then you feel like you are betraying yourself.”--Business Insider, “There's a chronic lack of black students at some of the best universities in the world, and current students say there are 4 reasons why.”
“And even now, I sometimes have to have a mental battle to decipher if I'm receiving a certain kind of treatment because I'm black or because I'm an immigrant, or both.” --The Baltimore Sun, “I wasn't black until I came to America.”
2. Research: Weighty Issues
There’s a new get-thin or get-healthy diet fad advertised seemingly every day - at least in the U.S. Sometimes this culture is mocked for (a) being too vain, or (b) being too insensitive given that 795 million people go hungry daily around the world. However, this research paper from the University of Ghana, Korle-Bu points to a need to introduce dietetic practice in Africa to address rising obesity rates. Another research paper from the University of Pretoria discusses the challenges of convincing South Africans that diets aren’t a waste of time or concern.
3. Opportunities: Paid, Volunteer and Competitive
Analyst opportunities at Point72
Flexible, online MBA program at Carnegie Mellon
4. Networking: 7th Annual Emerging Markets Institute Conference at Cornell University
Scheduled for November 10, 2017, the Annual Emerging Markets Institute Conference is being spearheaded by Cornell’s Johnson Graduate School of Management. Cornell students, alumni, faculty, and the public are invited to network and learn more about emerging markets and international business. Also, the event highlights an opportunity for companies to expand their consulting practice. Register for the event here.