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UNC Business & Administration

Complete coverage of North Carolina Business & Administration.

BOG Committee Recommends Shutting Centers at UNC

The UNC Board of Governors Working Group on Centers and Institutes met Wednesday morning to discuss recommendations the committee will be making to the full board next week. Those recommendations include closing the Center on Poverty, Work, and Opportunity at UNC in the next 12 months. (Chapelboro.com)

The state of independent studies at post-Wainstein UNC

The history of the athletic-academic scandal was well-documented in the Wainstein report, but its effect on the future of independent studies is yet to be determined. Kenneth Janken is a professor and the director of undergraduate studies for UNC’s Department of African, African American and Diaspora Studies. (Daily Tar Heel)

Bradley Bethel And Harold Gutmann: Getting To The Crux Of The UNC Academic Scandal (audio)

Bradley Bethel and Harold Gutmann discuss the key issues surrounding the academic scandal at North Carolina. Who knew what when? What more is there to know? (Inside Carolina)

UNC Votes for NCAA Autonomy

The five power conferences in the NCAA, including the Atlantic Coast Conference, have voted in favor of autonomy when determining guidelines governing student athletes. The decision was made at a meeting with university leaders from around the nation. UNC Chancellor Carol Folt says the conference included 80 members, one from each of the 65 universities in the power conferences along with 15 students. (Chapelboro.com)

Carolina innovation creates jobs, revenue

Startups are a booming business at the University of North Carolina at Chapel Hill. More than 150 North Carolina companies have spun out of UNC, many from the University’s research. They generate more than $7 billion in revenue in the state each year, providing nearly 8,000 jobs to residents and 38,000 jobs worldwide. (UNC.edu)

UNC Launches New Research Venture Fund

UNC officials announced the formation of the Carolina Research Venture Fund, at a Board of Trustees meeting on Wednesday. Board member Sallie Shuping-Russell, who is also a managing director at BlackRock – the world’s largest asset manager, made the announcement during an Innovation and Impact Committee meeting. She says the purpose of the fund is to help startup companies get off the ground. (Chapelboro.com)

UNC, NCAA sued for academic scandal

Attorneys representing two former UNC athletes on Thursday filed a lawsuit against the university and the NCAA in connection with the academic scandal involving Tar Heels athletes. The suit, which seeks to become a class action, was filed in a North Carolina state court on behalf of women's basketball player Rashanda McCants and football player Devon Ramsay. (USA Today)

Folt: Accreditation review gave UNC-CH chance to study academic changes

Chancellor Carol Folt said Wednesday that answering questions from an accreditation organization has given UNC officials a chance to examine reforms the school put in place in the wake of an academic fraud scandal. In a report submitted last week to the Southern Association of Colleges and Schools, UNC officials asked that the group find them in compliance with various accreditation standards. (WRAL.com)

UNC Responds to Accreditation Commission

UNC-Chapel Hill has responded to an accreditation agency regarding the academic scandal outlined in the Wainstein report. In the 223 page response, the university noted that they have changed leadership in a number of administrative roles including athletics director and several associate deans in the college of arts and sciences. (TWC News)

Carolina announces 10th consecutive record for first-year applications

With the close of the final deadline for first-year admission for Fall 2015, UNC at Chapel Hill announces a 10th consecutive record for first-year applications—an increase of 2 percent over last year and 37 percent over five years ago. The 31,848 first-year applicants came from 99 counties in North Carolina, all 50 states and the District of Columbia, and 113 countries outside the United States. (UNC.edu)

UNC seeks clearance from accreditation group

The University of North Carolina has told an accreditation organization that it has undertaken numerous reforms in recent years to ensure academic fraud doesn't recur at the school. In a 224-page report submitted last week to the Southern Association of Colleges and Schools, UNC-Chapel Hill officials asked that the group find them in compliance with various accreditation standards. (WRAL.com)

Cunningham: Cost of attendance is very important

Ahead of the annual NCAA Convention in Washington D.C., Mandy Mitchell sat down with North Carolina Director of Athletics Bubba Cunningham to discuss the new autonomy rules and what that means for the NCAA going forward. Cunningham: "15 years ago we had one school one vote. Now with he new autonomy 65 schools have the chance to vote on legislation that effects how we run intercollegiate athletics." (WRAL Sports Fan)

UNC President Tom Ross Ousted By Board of Governors

UNC System President Tom Ross is on the way out. The decision was announced on Friday. Ross will be transitioning out of his role effective January 3, 2016, or when his successor is in place, whichever is later. At a press conference with President Ross and Board Chairman John Fennebresque, it was very clear the timeline the board had in mind for a transition was very different than the timeline Ross had planned. (Chapelboro.com)

UNC system president Tom Ross leaving position

Tom Ross, the 17th president of the University of North Carolina system, is leaving his position, WRAL has learned. Ross was scheduled to speak on his decision in Friday's board of governors meeting. The 64-year-old Ross will leave the school next January, a board member told The Associated Press. The Greensboro native earned a law degree from UNC-Chapel Hill. (WRAL.com)

Chicago attorney to help with UNC’s ‘numerous’ legal problems

UNC retained the New York City-based law firm Skadden, Arps, Slate, Meagher & Flom for help with the University’s “numerous pressing legal challenges.” Rick White, associate vice chancellor for communications and public affairs, said partners of the firm will be paid $990 an hour, while associates of the firm will make between $450 and $975. (Daily Tar Heel)

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