Tag Archives: Educational
The Donald W. Reynolds National Center for Business Journalism named seven college students as business journalism interns at papers across the country on Tuesday.
Through this paid internship program each student will spend 10 weeks working full time in business journalism at a host publication during the summer of 2007.
“Internships are crucial to the future of journalism and an important part of our goal to improve the nation’s business coverage,” said Andrew Leckey, director of the Donald W. Reynolds National Center for Business Journalism. “In addition to our program, we would strongly urge newsrooms everywhere to continue and nurture their own internship programs.”
The interns, their universities and host publications are: Annalyn Censky, Arizona State University, The Business Journal, Phoenix; Joseph Galante, Fort Hays State University, The Philadelphia Inquirer; Ashley Harris, University of Houston, The Houston Chronicle; Rachel Hatzipanagos, University of Central Florida, The Oregonian; Darrell Hughes, Michigan State University, The Detroit Free Press; Sara Murray, University of Maryland, The Arizona Republic; and Angela Tablac, Northwestern University, The Miami Herald.
Interns were selected by each host publication in consultation with Reynolds Center staff. Censky and Murray will work split schedules with BusinessJournalism.org, the Web site of the Reynolds Center.
Read more here.
Rhodes University, in collaboration with the South African Reserve Bank, is setting up an African Economics Journalism Centre aimed at improving the quality of economics and business journalism in South Africa and elsewhere on the continent.
With funding of R5 million (Roughly equivalent to about $720,000 US dollars) and support from the Reserve Bank, theÂ Centre will offer post-graduate training as well as conduct research into economics journalism. It will be situated within Rhodes Universityâ€™s School of Journalism and Media Studies in Grahamstown. The project will initially be headed by Robert Brand, the Pearson Chair of Economics Journalism at Rhodes University.
The Centre will also initiate research into the practice of economics journalism in Africa. This will help improve intellectual analysis of economics and business journalism, develop high levels of skill among media practitioners as well as work towards specific outcomes, such as an ethics code for African journalists.
Teaching resources will be drawn from Rhodes Universityâ€™s School of Journalism and Media Studies, other academic departments at Rhodes University, the South African Reserve Bank College, and the media industry. Curricula will be developed in consultation with the SARB and industry.
Read more here. This sounds similar to the Donald W. Reynolds National Center for Business Journalism at Arizona State.
Bryan Corliss, who is spending the 2006-07 year as a Knight-Bagehot fellow at Columbia University, attended a panel at Bloomberg News on Monday that discussed the future of business journalism online and posted about it on his blog.
Corliss wrote, “When it comes to online business news, you’ll get what you pay for, members of an industry panel said Monday in Manhattan.
“There’s an explosion of business information available online, from company Web sites to big Internet portals like Yahoo! finance, speakers said. But all that information is worth little to the average small investor, who needs trained people who can sort through it, find what’s relevant and explain it.
“‘The Internet is the reason why the business press is more important than ever,’ said Joanne Lipman, editor of the soon-to-be launched Portfolio magazine.
In short, there’s an increasing demand for quality business journalism, said BusinessWeek editor Stephen Adler.”
Lipman was part of a panel that included Adler, Bloomberg News editor in chief Matt Winkler and Fox News business news executive Alexis Glick. They spoke as part of a panel on the state of business journalism sponsored by alumni of Columbia University’s Knight-Bagehot program.
Read more here.
The program will provide financial assistance to graduate students in the business and economics concentration of the school’s Master of Arts program. The goal is to attract the best qualified student for the program by removing the financial burdenÂ that might otherwise prevent him or her from attending the school.
“Any company that desires to provide news, information and perspective to the public must also embrace a mission: a commitment to journalistic excellence and the passionate pursuit of the truth. The Hearst Fellowship Fund at Columbia helps us stay true to this goal,” said Victor F. Ganzi, president and CEO of Hearst.
A cornerstone of the business and economics concentration is a seminar taught by professors Sylvia Nasar and James Stewart. The program is constructed in conjunction with faculty from the Columbia Business School and the economics department of the faculty of Arts and Sciences. One of its organizing principles is to use a news event as a way of understanding larger economic themes.
The first Hearst Fellowships in Business Journalism are expected to be awarded in 2008. Three fellowships will be awarded each year and recipients will receive substantial financial aid.
Read more here.
Evelyn Y. Davis, the nationally recognized advocate for shareholder rights, and the Evelyn Y. Davis Foundation have contributed $100,000 to the University of North Carolina at Chapel Hill’s School of Journalism and Mass Communication to endow four annual scholarships for senior undergraduate students interested in careers in business journalism or political journalism.
“Mrs. Davis’ very gracious commitment sends a powerful message about the critical importance of thorough and accurate reporting of business and political news,” said UNC President Erskine Bowles, who accepted the gift on Carolina’s behalf. “It will also help provide the financial resources needed to build on UNC-Chapel Hill’s international reputation for journalistic excellence.”
Davis publishes the corporate newsletter “Highlights and Lowlights” and has made a career of defending the interests of shareholders. She travels to many annual meetings each year, always commanding attention through her probing and challenging questions. Davis has been attending some White House press conferences since 1978. Her publication offers political analysis and timely business coverage in corporate governance matters for chief executives.
Davis, a resident of Washington, D.C., studied business administration at George Washington University. She has given similar business journalism scholarships to the University of Pennsylvania and University of Miami.
The UNC-CH School of Journalism operates the Carolina Business News Initiative, which offers a certificate in business journalism to undergraduate students. Its graduates are now working at media outlets such as The Wall Street Journal, Bond Buyer and Bloomberg News.
Venture capitalist Paul Kedrosky, who has also done his fair share of writing in business publications, has an interesting post on his “Infectious Greed” blog.
Kedrosky wrote, “Business news is newly hot in 2006/2007. Consider that last year CNBC was the only cable news network that grew its audience significantly, with, according to MediaWeek, its prime time audience increasing by 32 percent. At the same time, in 2007 we will have Fox apparently launching its new business channel, as well as Condenast bringing out the long-awaited (ed: really?) Portfolio, a business-ish magazine.
“Of course, all of this begs one of the more bizarre questions out there: With all this growth in business journalism, where are the business journalists going to come from? As this piece points out, and as I discovered in a long-ago j-school lecture, most journalism students continue to looking sniffingly at the idea of being a business journalist. It involves, you know … numbers.”
Read more here. Obviously, Kedrosky’s knowledge of the current business journalism field seems limited. By numbers that I’ve seen, the number of business journalists in this country, which stood at between 3,000 and 4,000 in the 1980s, increased to about 11,000 by 2000 but has since been stable. With many newspapers downsizing their editorial staffs, the supply of business journalists seems to be plenty.
Kedrosky also doesn’t seem to understand that there are more universities teaching business journalism than ever before, and that number is likely to increase if this program is any indication. My impression from teaching business journalism from the past five years is that students do want to be in the field because they understand that there are jobs available.
So, I agree with him that business journalism is hot. But his “long-ago” lecture was too long ago.
Mark Anderson of the Ottawa Citizen writes Wednesday about teaching a business journalism course at Algonquin College. It’s a subject, he said, that is probably the least loved — but most useful — on the curriculum.
Anderson wrote, “If my class wasn’t mandatory, it would be sparsely attended indeed. When I ask for a show of hands at the beginning of each semester — ‘Which of you are interested in business?’ — the response is desultory, to say the least.
“There are, however, three very good reasons behind Algonquin’s decision to make business writing a core part of the journalism curriculum. The first, and most obvious, is that business is where the jobs are. There are more outlets, by far, for business writers than any other discipline. There are business sections in each of Canada’s city papers, as well as our two national dailies. There are a half-dozen or more Canadian magazines devoted exclusively to business. There are hundreds of trade publications, the pages of which are filled primarily with business stories.
“Second, business writers tend to be in high demand because they’re exceedingly scarce. In part, the dearth of quality business reporters is a function of the aforementioned lack of interest on the part of J-School students.
“It’s more than that, however. When newspaper section editors are polled and asked to rate their reporting staffs, business writers tend to trail all others in approval ratings. That’s because business writing requires specialized knowledge and skill sets that aren’t required in most other areas.”
Read more here. I don’t think I could have said this any better. All of the same reasons apply to the States as well.
Mark Mitchell, the assistant managing editor of CJR Daily who often took on business journalists with his criticism, has left the online outlet of the Columbia Journalism Review.
In an e-mail to some business journalists and sources, Mitchell wrote, “I have resigned from my job at the Columbia Journalism Review and will no longer be using this email.”
Mitchell’s experience includes stints with the Wall Street Journal in Europe, Time magazine in Asia, the Far Eastern Economic Review, and the English-language Cambodia Daily. He also put in several years as a management consultant to Fortune 100 companies. Mitchell holds a BA from Wesleyan University and an MBA from the Kellogg Graduate School of Management.
The CJR Daily has had a section called The Audit that was designed to critique business journalism. But there have been just three posts on it in the past month. Earlier in the year, the CJR Daily staff was posting on it almost daily.
Two other editors resigned at CJR Daily back in August after the dean of the Columbia journalism school cut its funding.
Mitchell and business journalism Gary Weiss got into it earlier this year after Weiss criticized a post on The Audit. Mitchell then responded with anonymous posts on Weiss’ blog. Mitchell also had a run-in with journalists at BusinessWeek about its 2006 investment outlook issue.
Meanwhile, former Wall Streeter and current writer Joseph Wiesenthal criticized Mitchell for a commentary about corporate earnings that missed the real story. Cal-Berkeley economist Brad DeLong, who helps teach an economics reporting class at its journalism school, also expressed some disappointment with Mitchell and the site.
Walt Disney Co. CEO Robert Iger will address the Society of American Business Editors and Writersâ€™ conference in Orange County, Calif., in May 2007.
Iger succeeded long-time Disney CEO Michael Eisner as the entertainment and news companyâ€™s leader in October 2005. He oversees a diverse set of operations from a major Hollywood studio to the ABC network and its news production as well as a massive tourism business.
Previously, Iger was Disneyâ€™s president and chief operating officer. He came to Disney through the companyâ€™s purchase of Capital Cities/ABC, where Iger was president.
Igerâ€™s talk will be part of a SABEW event that will also feature a town hall meeting on business journalism ethics, presentations of SABEWâ€™s Best in Business awards, sessions on how to better cover hot-button topics, and how to best manage your workflow in budget-crushing times for newsrooms.
SABEW Trivia: Eisner was a keynote speaker when the organization last visited Southern California for an annual conference in 1998.
The Society of American Business Editors and Writers is seeking business journalists who would like to serve terms on its board of governors.
At least eight governor seats will be up for grabs at its annual conference in Orange County, Calif., in May 2007.
There’s nothing honorary about the title of SABEW governor. This is a working board that runs SABEW’s conferences and contests, helps with our fund-raising efforts, and produces content for The Business Journalist newsletter and its Web site. This is work that aids business journalists of all types.
In return, if elected, you’d belong to a fun, hard-working group. Governors are dedicated to SABEW, and they share their professional wisdom freely.
If you’re interested — or know somebody who’d be great for SABEW — drop an e-mail to Jon Lansner, chair of the nominating committee, at firstname.lastname@example.org.
The deadline to submit nominations is Dec. 8.