From IHE:
JPMorgan Chase plans to give $17 million to start a doctoral program at the University of Delaware...
As part of the plan, JPMorgan will renovate a building to house the program, put up money to pay program faculty and pay a full ride for students seeking a degree, according to an internal university plan. In addition, JPMorgan employees may sit on dissertation committees and advise the university on which faculty members should teach in the program, according to the planning document and a top university official....
The doctorate would be be in "financial services analytics," which relies on "big data." Bruce Weber, the dean of Delaware's business school, said working closely with industry will help academics prepare students for the real world, something some business school deans feel is not happening enough.
Goldman Sachs reacts. [UPDATE, 1.30 pm CDT, 7 Oct: CU Denver says, "hey, what about us?"]
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