What Is Wharton Doing To Deal With The Coronavirus Crisis?
- The first step all institutions–including Wharton–have taken include cancelling classes and banning any gathering or congregation of more than 50* people.
- Wharton has moved all its classes to a virtual platform.
- Since this pandemic began around the time of spring break, many students weren’t on campus when the changes were to be implied. Keeping that in mind, students off campus were asked to remain home.
- Students who were on campus were asked to move out.
- Many blog posts and news stories analysing the current situation are being shared by the community.
- To address all issues and queries surrounding this, University of Pennsylvania has set up a page on their website with all the relevant details.
So, What Is This New Course About?
Why This Course?
- Leading amid Unpredictable, Rapidly Changing Events with Contested Facts
- Financial Market Reactions to the Coronavirus and Disaster Risk
- Emotional Contagion and Epidemics
- U.S.-China Relations after the Trade Wars and the Coronavirus
Possible Pros And Cons?
- Live cases and live examples are the best way for students to learn and apply concepts. What better example than one which is not only spoken of extensively by news outlets, but also one that affects the lives of the students?
- With the developments happening around them daily, students can not only predict what companies might do based on analyses and applying concepts theoretically, but also actually see those predictions come true, or be proven false.
- Because this entire situation is so precarious, it makes it even more challenging to study. The tougher the challenge, the more interesting the insights.
- Monitoring a live case will give its students hands-on experience in dealing with real crises, something that is rare for students.
- The uncertainty around this situation might work against the course. For eg. The constantly changing scenario might make the course a little too challenging. Also, with no certainty on when the pandemic will end, there might be a lack of conclusion/closure at the end of the course.
- Some might argue that it’s better to learn from an issue after you have seen and analysed it from every angle. Monitoring an issue live might not give you that 360º perspective needed for a clear analysis.
- One can’t say with confidence how well-designed the course is. According to sources, even Guillen said, “It’s a huge undertaking. We offered something similar after the 2008 financial crisis. But then we had three months to prepare. This time we only have 2½ weeks.”