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The research addresses how business education needs to evolve to keep pace with changing demands and expectations about professional development from both students and their employers over the next five years and beyond. The study, conducted on behalf of EMBAC by higher education consultancy Carrington Crispdraws on new original qualitative research from in-depth interviews with relevant decision makers at international business schools and within major employers who invest in working professional development. It also involved a survey of over individual learners who were looking to take business school courses in the next five years.
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Economic uncertainty, online learning, lifelong development, remote working, and digital transformation in business link and other organizations are not new. However, the global pandemic is accelerating these trends. Our sector will benefit from a healthy and honest debate about how future ways of learning and work can help leaders in business and business education find new answers to the problems of our time," said Michael Desiderioexecutive director of EMBAC.
Key findings from the report, include:.
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While the pandemic may have accelerated change in the workforce, fundamental shifts were already taking place. There is no one-size fits all solution with the different circumstances — economic, political and social — having a significant impact on the approach that a school decides to take.
However, it is clear that institutions will need to evolve from the focus on quantity of degrees awarded to becoming a learning partner to companies and organizations; keenly understanding the needs of both the workforce and individual industries.
For more details, a full copy of the report Teachign be found here. EMBAC plays a thought leadership role by engaging in research that offers insights, by generating or packaging relevant content of importance and interest to the membership and industry, by advocating for the industry, and by nurturing an environment of inclusion that inspires all members and stakeholders.
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