MIT’s assets drop 5.3%, largest decrease in seven years
MIT reported a loss in net assets for the fiscal year ending June 30, 2022. According to the Report of the Treasurer, the Institute’s return on pooled investments saw a 5.3% loss in the fiscal year.
President Reif reflects on his decade of presidency and 40 years at MIT
Reif: “An area that I would also like to think survived the test of time is what I’ve tried to convey not in an announced way, but by constantly speaking about it — in public, at Convocation, at Commencement — is a caring community.”
Sally Kornbluth named MIT’s 18th president
Kornbluth is the second woman to serve as MIT’s president, after President Emerita Susan Hockfield. Once Kornbluth assumes presidency, all three of MIT’s highest leadership positions — president, provost, and chancellor — will be held by women, for the first time in Institute history.
Half-term finals, building switch lottery, flu vaccines
The Spring 2023 building switch lottery application is available on the Starrez housing portal until Nov. 2 at 12 p.m.
Anything but cloudy
This week is momentous for many reasons: MIT D-Lab is celebrating twenty years of creative existence, Venera 9 successfully landed and sent the first images of the surface of Venus in 1975, Alabama hit freezing point before Montana for the first time since 1934, and I completed one year as a Meteorologist for The Tech.
Ben Bernanke PhD ’79 is 29th MIT affiliate to be awarded a share of Nobel Memorial Prize in economics
Ben Bernanke PhD ’79, an economist and former chair of the U.S. Federal Reserve, was awarded a share of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for 2022 Oct. 10.
Class of 2024 attends Oceantation
Due to the COVID-19 pandemic, the Class of 2024 did not attend a freshman-year aquarium trip in 2020; to that end, a junior-year aquarium trip had been a keystone in Class Council President Penny Brant ’24’s presidential campaign last spring.
MIT China Strategy Group releases university engagement with China report
According to Lester and Tsai — the co-chairs of the group — the purpose of the report is to “chart a path for MIT to conduct academic interactions and collaborations with individuals and organizations in China in ways that uphold the core values of the Institute.”
MIT Banana Lounge reinstates 24/7 access
The request for 24/7 tap access was based on “historical precedent” and aligned with “student access to other spaces, such as departmental student lounges,” Lim wrote.
‘MIT: REGRESSIONS’ sparks debate over the Institute’s past and future
In many ways, the history of MIT pictured in REGRESSIONS mirrors broader sociopolitical forces in the U.S.
Building access survey, half-term finals, flu shots
Community members may fill in a survey on MIT’s building access policies sent to their emails before it closes Oct. 14.
Mild weather maintains, mostly
A cold front is moving over Cambridge and preparing to dump some heavy rain and gusts tonight into Friday.
Add date, long weekend, vaccines
Indigenous Peoples’ Day is Oct. 10 and Oct. 11 is a student holiday. No classes will take place on both days.
Sunny four day break
If the rain and clouds are fogging your judgment, not to worry as the weekend is full of sun!
MIT Museum reopens in Kendall Square
The MIT Museum officially reopened to the public Monday, Oct. 2. The museum is housed at 314 Main Street in Kendall Square, near the MBTA Kendall/MIT Red Line station and across from the MIT Welcome Center.
2022 security and fire safety report released
The total number of criminal offenses reported on campus, in non campus locations and in public decreased from 52 in 2019 to 18 in 2020 and increased to 29 in 2021.
Advanced standing exams partially return to in-person administration
Advanced Standing Exams (ASEs) were offered both in person and online this year, with the online exams taking place prior to orientation and the in-person exams taking place on Registration Day, Sept. 6.
Class of 2023 attends Disorientation Sept. 22
The event featured a churro bar, southern-style food stations, and a cash bar where students who were over the age of 21 could also purchase alcoholic beverages.
MIT hosts first in-person Fall Career Fair in three years
Some students noted a heavy skew of companies present towards certain career fields, particularly computer science and finance.
Flu clinic, PE registration, add date
All students are required to receive flu vaccines before Nov. 18 in order to access buildings and register for Spring 2023 and IAP.