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Show DAILY UTAH CHRONICLE Thursday, January 23, 2014 HERBERT Continued from page 1 we have to growth in Utah is water," Herbert said. "I understand that when pioneers came here and said 'this is the place,' a lot of people weren't too excited to live in a desert." The summit focused on water management, energy development and air quality. Robert McFarlane, former National Security Advisor to President Ronald Reagan and co-founder of the United States Energy Security Council, flew in from Washington D.C. to be the keynote speaker at the event yesterday. He said supporting alternative fuel is crucial to save American lives and keep billions of dollars each year in the U.S. economy. "The price of that commodity, oil, which is the exclusive means we use to run everything, is set by a cartel," 3 McFarlane said. He called oil a "strategic commodity" the U.S. cannot function without. McFarlane noted that legislation is currently underway in Washington to require automobile manufacturers to produce cars to run on alternative sources of fuels so America can gain control of its own economy. "It's important to stop and realize that this strategic commodity really does drive the health of our economy," he said. The Utah Legislature will go to work on these and other issues Monday. a.drysdale@chronicle.utah.edu PROGRAM Continued from page 1 gives more flexibility to students. He hopes it will help those who cannot meet in a classroom every day because they live too far away or have a full work schedule. "We are really, really excited [about the program]," Vierig said. "It will help us compete nationally." The new program was announced early last week, and Vierig said they have had over iso inquires into the program since then. Interest in the program has spanned from Massachusetts to Hawaii. Vierig said the School of Business expects the degree to be just as successful as their other MBA programs and it will be held to the same standard of work. "We expect this to be a top 25 program in the next couple of years," he said. "This will be something that will be high quality." Vierig foresees the same success from the degree because they have been researching similar programs over the past few years to see if they wanted to add the online MBA program. He said this will be the first program of its kind in the state of Utah and hopes the addition will attract potential students from outlying states because of the school's reputation. The online MBA will be different from undergraduate online courses. The program will allow working students to study on their own time, on weekends or at night. It will consist of online lectures, problem sets and other tools that will be available on multiple devices to give the program even more flexibility to potential students. Vierig said the new program will be "state-of-the-art" in the way of technology. Even though the School of Business's administration is excited about the new degree, some students are slightly skeptical about the new program. Josh Leato, a junior in operations management, said he believes the program will be successful as long as the quality of instruction remains the same as normal classes. "Online classes are good, but at the same time you kind of lose the interaction, which isn't necessarily good," Leato said. "I personally like online classes." He said the flexibility aspect could be appealing because of the convenience to those with long work hours. Leato said at one time getting an MBA was on his agenda, but he is currently looking into different types of graduate schools and programs. "I considered it a while ago, but thinking about it, it's just not something I want to do," Leato said. n.turner@chronicle.utah.edu YOU'RE IN DANGER OF LIVING A LONG, HEALTHY LIFE. Today, people are living longer than ever. Which means you'll need to be prepared not just for retirement, but for the 30 years after. We'll guide you through each one by putting together a comprehensive, personalized plan for you. It's one more way we deliver Outcomes That Matter. Financial Services Outcimes That Matter Retirement can last 30 years or more. We can get you through each one. Get started at TIAA.org/plan. The Daily Utah Chronicle The Lipper award is given to the group with the lowest average decile ranking of three years' Consistent Return for eligible funds over the three-year period ended 11/30/12. TIAA-CREF was ranked against 36 fund companies with at least five equity, five bond, or three mixed-asset portfolios. is hiring news reporters Past performance does not guarantee future results. For current performance and rankings, please visit the Research and Performance section on www.tiaa-cref.org . TIAA-CREF funds are subject to market and other risk factors. LIPPER FUND AWARDS 2013 UNITED STATES BEST OVERALL LARGE FUND COMPANY Contact Anna Drysdale at a.drysdale@chronicle.utah.edu for more information. The Lipper Award is based on a review of 36 companies' 2012 risk-adjusted performance. Consider investment objectives, risks, charges and expenses carefully before investing. Go to tiaa-cref.org for product and fund prospectuses that contain this and other information. Read carefully before investing. Type of service available varies. TIAA-CREF Individual & Institutional Services, LLC, and Teachers Personal Investors Services Inc. ©2013 Teachers Insurance and Annuity Association—College Retirement Equities Fund (TIAA-CREF), 730 Third Avenue, New York, NY, 10017. C11804A |