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Discussion (17 Comments)Read Original on HackerNews
I personally disagree with that very hard. Deontology begins at home.
I never understood this behavior from undergrads though, you're paying so much for an education and then you just skip the education part? Why bother?
Because you are viewing the motivation of college wrong for most people. For most people, the purpose of college is to get piece of paper that will open up higher salary opportunities. Ergo, they are just doing whatever required to get said piece of paper with least amount of effort.
Until degrees, in particular, degrees from well-regarded universities stop being that method, this behavior will continue.
so you have a huge population of people bullshitting their way through to the piece of paper.
One need only look at the resume filtering process, a once manual bias that has now been codified into algorithmic bias with AI. A degree from a good school boosts your chances immensely, and other facets such as coursework don't matter much.
If you have ever seen someone filter applicant resumes, you will understand instantly. There are too many, you have to filter them somehow and the allure is irresistible.
It was a closed-book exam. The professor shouldn’t have to hold students’ hands for them to act with integrity, they are all adults.
In this particular class, the professor made the final exam in-person, and didn’t count the take-home midterm because the score distribution wasn’t consistent between the two exams. I think that’s a reasonable approach, but it’s kind of sad that it was necessary
Ivy league is such a scam, in so many different ways.
If it's a math for finance course then some kind of model building for the midterm and being marked on the quality of the model or something. If AI becomes so good that it always chooses the best fitting model and requires no numerical optimization then they will have to change the courses to be more like UChicago where it's primarily undergrad directed research but AI assisted.
You can only lead a horse to water, you can't make it drink. Maybe a student's sincerity should play a larger role in the admission process, maybe with a sharp expense curve such that students judged to be more sincere have to pay less tuition. It is an inherently subjective evaluation though.
Edit: I completely misread your comment. Asking students to build a model is not a finance class anymore.
For example the old and new Berkeley model to study rent control effect on market prices