Content written by Ajoy Kumar Dey and published by Global Focus, The EFMD Business Magazine
MBA News Digest Comment: None.
Extracted Content: Due to ever-growing diversity among students of management in terms of their educational, social and economic backgrounds, skill set possessed, and career goals and aspirations, curricula reforms remain elusive. The two major components of MBA education are knowledge and skills. Under the influence of ever-changing external forces, knowledge and skill sets become obsolete at a rapid rate. In the next five years, about one-third of the competencies currently required in an MBA graduate will be replaced by newer skill sets.
How do MBA programmes/business schools ensure that they evolve continuously and remain relevant to the ever-changing needs of students, business and society? How to maintain a curriculum current and relevant? How to evolve continuously in tandem with a dynamic environment? How to meet changing expectations of students, recruiters, businesses, society and all stakeholders? How to communicate the distinctive feature of a programme?