The delegates from business schools highlight the increasing interest in online education
Jordi Diaz, EADA’s Associate Dean of Programmes, participated in the AMBA Global Conference for deans and directors held in Prague (Czech Republic) from 13 to 15 May. In this edition, the conference title was ‘Shaping the future of management education’.
The Association of MBA’s (AMBA) is the international impartial authority on postgraduate business education and the only global MBA specific accrediting body. This association currently accredits programs at 224 schools in over 70 countries worldwide –only 2% of business schools worldwide enjoy this prestigious accreditation and EADA is one of this selected group–.
Global partnership in the executive MBA
The conference attracted more than 190 delegates from 143 business schools in 40 countries. Jordi Díaz gave a presentation titled ‘Making Global Partnerships Work. Recipes for Success’. He addressed the need to be global. This is the aim of many business schools across the world for a number of reasons –faculty, sharing, brand strengthening, limited resources– and also it is a trend that is being seen more and more.
Drawing on EADA’s experience as one of the most international business schools in Europe, he also gave answers on questions like these: How do you ensure strong global partnerships in the executive MBA?
The main topics for this year were the growth in online education, key global and regional trends in MBA demand and future evolution of MBA, MBM and DBA programs. It was also stated that the interest in MBA’s is at a nine year high in 29 countries worldwide. A one year fulltime MBA programme is the most preferred degree by Western European, Canadian and African residents.
The main topics for this year were the growth in online education, key global and regional trends in MBA demand and future evolution of MBA
As written above online education is growing in interest. As much as 22% of prospective MBA students in the USA would consider an online MBA program. According to AMBA, the MBA programmes are increasingly at the top levels of business (read more here).
Moreover, the phenomenon of MOOCs (Massive Open Online Courses), has changed the nature of the discussion and given online education greater credibility and recognition. MOOCs are actually expanding the market by lowering entry barriers for learners who otherwise would not have an opportunity to access education.
Reasons to undertake an MBA
Also the reason why students are following an MBA is changing. Besides a career switch or to enhance their career the share of aspiring entrepreneurs increased by nine percent. This has been driven mainly by aspiring entrepreneurs in Africa, Central and Southern Asia, Latin America and the Middle East.
Participants are increasingly following an MBA in order to run their own business
The concept of learning is changing over time. Whilst in theory every topic in the MBA curriculum can be taught online, including the much discussed skills development, combining ‘content and context’ –online learning with personal experiences– in a hybrid model of education, is according to many conference delegates, the best way forward.
In the next video Jordi Diaz discusses the importance of global alliances and partnerships: