NEW YORK (TheStreet) -- Future investment bankers and aspiring dealmaking MBA protégés may get a boost after Strayer Education (STRA) education bought the Jack Welch Institute of Management. However, their job prospects may have dimmed Friday as Barclays (BCS) sold its private equity unit.After partnering for two years, Strayer is buying the Jack Welch Institute of Management in a push to bolster its executive MBA and business certificate offerings. The JWMI, founded in 2009 by former General Electric ( GE) chief executive Jack Welch, offers an online executive master of business administration program as well as six-week certificate programs for business leadership. Courses include business ethics, leading in the 21st century, people management, finance electives and a capstone program of competitive entrepreneurship, among others.
|Jack Welch, former GE chief executive, founder of JWMI|