Mr. Welch was the CEO of General Electric for 21 years and is the founder of the Jack Welch Management Institute at Strayer University.

WSJ: Jack Welch: I Was Right About That Strange Jobs Report

This was highlighted earlier in 2006, when the Sloan School of Management at the Massachusetts Institute of Technology announced that high-profile former General Electric CEO Jack Welch would teach students leadership techniques from his best-selling book, Winning.

CNN: Survey shows boom in part-time MBAs