Adapting to Technological Changes in Master of Global Business Education

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Spokesperson: Dr Veena Jadhav, Associate Dean (MGB),  Associate Prof. (Leadership & HRM), SP Jain School of Global Management. Global Management Education trends project three key shists in future of higher education in management: greater emphasis on inter-disciplinary knowledge, integration ESG literacy and adoption of Gen AI / AI based learning technologies to enhance personalized learning and teaching. There are many leading business schools successfully adopting several of these initiatives in their curriculum in different degrees and forms. On the demand side, more and more corporates are seeking to employ graduates with relevant future skills, who are equipped to perform under increasingly complex and uncertain business environments. All these call for major adaptations in the program and the Master of Global Business education landscape is not an exception! This article aims to decode the key changes adapted by Master of Global Business programs and adapting to the technological changes.

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  • Emerging technologies disrupting global business landscape:

Globally, businesses across industry sectors are witnessing a mega disruption caused by adoption of Artificial Intelligence & ML, Gen AI and other emerging technologies such as quantum computing, cloud and Big Data etc. These disruptive technologies have accelerated business transformation, resulting in a surge in demand for talent equipped with necessary knowledge and skills to leverage these technologies for better and sustainable business growth. B-Schools graduates now have to demonstrate both business and digital literacy in order to be successful in creating value for their enterprises. 

  • Rethinking MBA program structure and core curricula:

B-School graduates entering the workforce of tomorrow are expected to drive the transformation at workplace. The traditional MBA program structure and curricula that served the purpose in past needs to be revived in order to stay relevant with the emerging business landscape. These changes are forcing B-Schools to innovate their programs and to create futuristic learning experiences for their graduates. These include global learning models, immersion and exchange programs and industry sponsored research and strategy projects. B-Schools are rethinking their curriculum to supplement the traditional core management units with inter-disciplinary units that enhance students ability to navigate complex scenarios at work.

  • Industry relevant specialisations: 

Traditionally, MBA programs are known for their specialisation in areas of marketing, finance and technology, however major disruptions in business and technology landscapes are also generating demand for new majors including Digital Business Management, Data Analytics, Business Analytics. Other areas of interest include sustainability, ESG and risk management. Employers are keen to recruit talent with strong knowledge and skills in these emerging areas. 

  • Technology-enabled hyper-personalized learning:

The impact of technological change is redefining the higher education sector at an unprecedented rate! Use of Gen AI technology-based solutions are on the rise for enhancing both teaching and learning. This has resulted in many reputed B-Schools investing in solutions such as curriculum generator, AI enabled assessments to assist faculty in design and delivery of effective sessions. AI technologies are also resulting in hyper-personalization of learning experience for students via tools such as AI tutors, that provide real-time customized lessons, practice assessments and individualized feedback. Adoption of AI technologies in management education is predicted to evolve with time.

  • Immersive learning experiences:

Management education is expanding beyond the traditional class-room settings, with B-Schools creating immersive learning experiences for their students via global learning activities, industry visits in different geographies and opportunities to engage with industry partners and senior business leaders. These immersion activities are also supplemented by technological innovations such as use of Augmented Reality (AR) and Virtual Reality (VR) based learning activities. 

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  • International internship opportunities:

Some of the Master of Management programs offer extensive professional readiness programs to support students for their career development. These programs enable development of necessary communication and personal leadership competence through AI enabled solutions such as personalized career mapping, video interviews and professional networking skills. Equipped with necessary skills, students are able to secure and shine in international internships. 

The Master of Global Business Education is successfully adapting to technological changes to enhance student’s learning experiences at each program stage, resulting in outstanding employment outcomes and graduate satisfaction.   

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