ISO 9001:2015

EMERGING TRENDS IN MANAGEMENT EDUCATION AS A TOOL FOR AN EMERGING ECONOMY

The management education plays an essential role in today's dynamic business environment. The fast movement of globalization and technological changes have made complex for organizations to continue to exist in the competitive world. As a consequence the significance of management education has been improved various folds. Business executives require to revise their skills due to rapid changes in the external environment. Due to the increasingly complicated nature of organizations and businesses, there is a necessitate that the business schools impart relevant, recent, and radical knowledge to the students. This study attempts to evaluate the course offerings in 8 international business schools. A total of 946 courses were reviewed in regulate 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/majors is also presented. Given the importance of management education which is necessary in favor of today's organizations, the business and engineering schools should take part in essential role in equipping our future managers by the up-and-coming trends of management skills to face the challenges of active 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 base for future study focusing on improving management curricula for business schools in emergent countries based on the global trends in business education.

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Keywords: Management Education, Managerial Challenge, Formal Learning, Artificial Intelligence.


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