Emerging trends in management education in international business schools

Abstract:  The management education plays an essential role in today’s dynamic business environment. The rapid trend of globalization and technological changes have made difficult for organizations to survive in the competitive world. As a result the importance of management education has been increased many folds. Business executives need to update their skills due to sudden changes in the external environment. Due to the increasingly complex nature of organizations and businesses, there is a need that the business schools impart relevant, current, and cutting edge knowledge to the students. This research attempts to compare the course offerings in 8 international business schools. A total of 946 courses were reviewed in order to identify the common courses. The research also identifies some of the emerging areas in the business and management education. A comparison of the core courses along with the areas of concentrations/major s is also presented. Given the significance of management education which is essential for today’s organizations, the business as well as engineering schools should play pivotal role in equipping our future managers with the emerging trends of management skills to face the challenges of dynamic business world. This research will help the business schools particularly in the developing world to understand the emerging trends in management education and update their MBA curricula to come at par with the international standards of business education. This paper sets the foundation for future research focusing on improving management curricula for business schools in developing countries based on the international trends in business education.