The Post Downturn MBA: An Agenda for Change
Business schools were widely criticized for their role in the economic crisis in churning out MBAs more focused on high risk strategies and making money, rather than sustainable and responsible business practices. As such, the Association of MBAs recently conducted a joint research project with Durham Business School to look at the current value of the MBA and how it may look in the future. The study surveyed 100 accredited business schools and 544 alumni from 57 countries.
The findings conclude that in these changing times, the focus of MBAs and business schools appears to be shifting as well. According to the study:
- 80% of alumni agreed that ethics have become important in the MBA curriculum
- 75% said that corporate governance is now important
- 80% of business schools agreed that corporate social responsibility should underpin the actions of organisations
Will this apparent shift in focus in the educational system work, or will it be "business as usual" once the recovery is complete? Download the full report or visit the Association for MBAs here.
- Attachments:
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The_Post_Downturn_MBA.pdf, 1.5 MB
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