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March 06, 2015 3:48 PM ET

Diversified Consumer Services

Company Overview of Massachusetts Institute of Technology

Company Overview

Massachusetts Institute of Technology is an academic research and educational institution. The university has five schools that offer degree courses in architecture and planning, engineering, humanities, arts, and social sciences, management, and science. These include twenty-seven degree-granting departments, programs, and divisions. Massachusetts Institute of Technology was founded in 1861 and is based in Cambridge, Massachusetts.

77 Massachusetts Avenue

Cambridge, MA 02139-4307

United States

Founded in 1861





Key Executives for Massachusetts Institute of Technology

Age: 63
Executive Vice President, Treasurer and, Trustee
Age: 70
First Vice President and General Counsel
Age: 60
Professor of David H. Koch Institute
Age: 66
Compensation as of Fiscal Year 2014.

Massachusetts Institute of Technology Key Developments

Group of Students Sue Harvard University and Massachusetts Institute of Technology over the Two Schools' Failure to Provide Closed Captioning for Online Courses

A group of students are suing Harvard University and the Massachusetts Institute of Technology over the two schools' failure to provide closed captioning for online courses, including audio and video materials. The discrimination suit, filed on behalf of the aggrieved students, was submitted to federal court this week in Springfield, Mass. The documents were filed by lawyers with the National Association of the Deaf. Lawyers say the schools' actions -- or lack there of -- are in violation of both the Americans With Disabilities Act and Rehabilitation Act of 1973. Officials with the National Association of the Deaf said the lawsuit specifically targets Harvard and MIT because the two higher-education institutions have been at the forefront of online education. Both schools partnered to found EdX in 2012, a massive open online course provider offering hundreds of free courses and a huge archive of free educational materials.

Glen Shor Joins MIT as Next Vice President for Finance

Glen Shor will join MIT in January as its next vice president for finance. In his new role, Shor will lead a team that is charged with delivering effective financial and administrative services to the Institute. As VPF, he will have responsibility for budget, financial analysis, accounting, and tax functions, as well as financial operations, which include procurement, sourcing, travel, accounts payable, and payroll. The VPF also plays a critical role in ensuring the integrity of the Institute's financial reporting and compliance functions. Shor is secretary of administration and finance for the Commonwealth of Massachusetts.

MIT Names Lorraine A. Goffe-Rush as Vice President for Human Resources

Lorraine A. Goffe-Rush, who is now vice chancellor for human resources at Washington University in St. Louis, will join MIT in February as its next vice president for human resources. Goffe-Rush has worked in human resources at Washington University since 2000.

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