Why Reimagine the MBA?
The notion that a formal course in business administration might be as valuable a path for future businesspeople as immediate post-school real-life experience has steadily gained traction over the past century. There are now currently hundreds of thousands of MBA students worldwide, and in 2014 it became the most popular postgraduate course in the United States.
It is clear that the MBA has enjoyed growth and retains its role as a pathway taken by many of the world’s business leaders, despite the eye-watering costs often incurred by taking it. The proportion of young people seeking to become successful entrepreneurs is increasing. In an uncertain employment market, some argue that the MBA is one of the few qualifications certain to provide value into the future.
It is for precisely for these reasons that it cannot remain static. Automation threatens to transform employment beyond all recognition. Received notions about vertical corporate hierarchies are, if not under threat, being questioned. The business leader of the future must be one able to negotiate the challenges and changes facing their role – and the MBA must remain a qualification suited to preparing them for that role.
As such, we seek projects and submissions that can demonstrate their ability to ensure tht MBA students receive the highest-quality teaching and learning possible. Projects might demonstrate the successful implementation of a new module, or show that they have enhanced the effectiveness of a distance MBA. However, all successful projects will be united by their ability to ensure that the MBA remains a program suited to preparing tomorrow’s leaders.