Written by: Michael Powell
Published by: AACSB Insights on 5/24/2021
MBA News Digest Comment: None.
Extracted Content: Microcredentials are beginning to dominate discussions about the future of business education. But are they likely to stay?
Business schools around the world currently face a highly dynamic and uncertain environment. On top of addressing continual COVID-related challenges, schools also must contend with more competitive markets, new digital technologies, and growing demands from students. Governments expect business schools to demonstrate their industry connectedness, and the need for lifelong learning is driving organizations to create new learning opportunities. Further, COVID-19 has heightened job insecurity, as many companies have had to downsize rapidly and cut costs.