Saturday 24 March 2018

Salary, payment and statement at Maastricht University




During the initial terms of employment meeting a salary is agreed upon with the employee that will be based on the employee’s job position, knowledge and experience. The employee will be categorised in one of the salary scales of the Collective Labour Agreement of the Dutch Universities (CAO-NU).

You can download the salary scales table here. In addition to the basic salary indicated in the salary table, compensations may apply. Salaries are paid on fixed dates.

At the start of each calendar year, employees receive an annual statement of the gross annual salary, including the gross holiday bonus and any other allowances of the preceding year. This statement can be used for the income tax return.

The annual statement can also be found in ESS. Employees who do not have access to ESS will receive the pay slip and annual statement at their home addresses.

Tuesday 13 March 2018

Automation comes to Fashion - How Human Hands are put out of work



Scholarships 

Overview of scholarships offered at Maastricht University. 


Select the scholarship of your choice for more information about this scholarship. At Other Scholarships you can find information about other scholarship opportunities for studying at Maastricht University. For a complete overview of scholarships available in the Netherlands, please see the Study in Holland Grantfinder. Dutch students looking to fund their studies abroad should consult the WilWeg Beursopener. Find more here.


Saturday 10 March 2018

How One University Connects Students and Mentors With Surprising Success - And its not Maastricht University

Close relationships with professors or other mentors can make a big difference for students. Everywhere, not just in Maastricht. Having a mentor in college is linked to academic success, and even predicts well-being later in life. At the most basic level, mentorship requires interaction.

So small, residential colleges might imagine that their low student-to-faculty ratios and well-trafficked common areas give them an edge in fostering those important relationships.

 But research from the Gallup-Purdue Index, which has conducted national polling and examined alumni outcomes for more than 100 colleges, suggests otherwise. Institution type didn’t correlate with the share of recent alumni who strongly agreed they’d had a mentor. In fact, the college that performed best on this measure was Western Governors University, which enrolls more than 67,000 undergraduates, all of them online.

Sixty-nine percent of the university’s recent graduates indicated they’d had a mentor in college — more than double the share of young alumni nationally, according to Gallup polling. Proponents of mentorship take pains to distinguish it from advising. Mentorship, they say, is relational, while advising is transactional. Still, it’s worth remembering that many colleges wrestle with the best way to provide even transactional support.

At some colleges, advising is the work of faculty members; at others, designated professionals. Which approach works best is the subject of continued debate. Either way, some students never meet with an adviser at all, and many others have only quick, superficial conversations about meeting their degree requirements. And while some colleges dig into student data to intervene proactively when students hit an obstacle, that has yet to become common practice. Western Governors’ success suggests that mentorship — which Gallup defines as having someone who "encouraged me to pursue my goals and dreams" — can be done at scale.

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Sunday 4 March 2018

Movies you missed because you worked so hard: The Forecaster

The Forecaster 


Martin Armstrong once a US based trillion dollar financial advisor, developed a computer model based on the number pi and other cyclical theories to predict economic turning points with incredible precision.

In the early 80s he established his financial forecasting and advising company Princeton Economics. His forecasts were in great demand worldwide. As Armstrong's recognition grew, prominent New York bankers invited him to join “the club” to aid them in market manipulation. But he refused to play along with the bankers’ game and warned his customers that “the club” was manipulating currency and silver markets. He quickly made powerful enemies: New York investment bankers, hedge funds managers, Salomon Brothers, Goldman Sachs.

The FBI and SEC, US Securities and the Exchange Commission, started to show interest in his computer model. In 1999 he was arrested on charges of fraud which he still disputes to this day. He was incarcerated for seven years for contempt of court. After time in solitary confinement and threats against his mother, he signed a partial confession and was sentenced to a further four years. This documentary film portrays a man returning to his life after eleven years in prison. It follows him as he meets his old partners for the first time and depicts his first public speech to people who are still prepared to travel from across the globe and pay handsome sums to hear him speak. The film shows him attempting to prove his innocence and expose the power of the New York banks. Martin Armstrong’s career thus began with a complete error of judgement.

Even at this young age, he tried to understand the system, to grasp the logic according to which each boom was followed by a bust. Was Niccolo Machiavelli right in his belief that history repeated itself because man’s passions remain the same? He analysed the financial markets, studied the history of business cycles, stock market crashes and global monetary systems. He visited libraries and collected historical data: gold prices, exchange rates. He played around with figures and dates, he divided the time span between the Rye House Plot in 1683 and the year of the bankers’ panic in 1907 (224 years) by the number of market crashes during this period (26) and ended up with an average of 8.6 Eight point six – the global economy appeared to be based on this 8.6-year cycle. He multiplied the cycle by six which gave him 51.6 years and once again it all fitted perfectly: Black Friday in 1869, the commodity panic in 1920, and the Second and Third Punic Wars. He divided, subtracted and multiplied and established that 8.6 years equalled three thousand one hundred and forty-one days: 3,141, the magic number pi times a thousand. Did pi perhaps also govern the markets or the actions and moods that manifested themselves in these markets? Armstrong was sure of one thing: there is a geometry of time.

He may not be able to explain why, but there is some order to the chaos that exists around us. Martin Armstrong had just published the secrets of pi when FBI men stormed his office. Soon his accounts and those of his partners in London, Australia and Japan had been frozen. They were not to meet for twelve years. “Is financier Armstrong a Con man, a crank or a genius” asked the New Yorker headline in an eight-page article written as Armstrong was in a maximum security wing in New York. What are the judicial facts, the legal peculiarities and the juristic doubts involved here? And who could have profited from Martin Armstrong’s lengthy sentence behind US bars? And: what does all this say about a system on which we are all dependent in one way or another? 12 years after the demise of Princeton Economics Martin Armstrong is released from prison after he signed a coerced guilty plead. His new life commences with a “World Economic Conference” in Philadelphia. Only three months after his release, he’s back again.

As if nothing had happened. As if there’d been no twelve years where he was deprived of the world. Martin Armstrong lectures to 350 people, who travelled especially to Philadelphia to see him. He speaks of his initial approach towards solving the global financial crisis, which he compares to the fall of the Roman Empire. And twelve years later, some of his former partners are back to perhaps resume operations where they’d left off. Will Martin Armstrong and his former partners join forces and re-establish Princeton Economics to make their distinctive mark on the desolate landscape of the financial sector?