The Future of Industrial Revolution 4.0
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While MBAs may ebb and flow in popularity, experts agree that they’re not going anywhere anytime soon. This doesn’t mean, however, that the degree won’t adapt to meet the changing demands of aspiring business leaders. So what can we expect to see from MBAs moving forward? Tomorrow’s MBA, a recent report from market research firm CarringtonCrisp, weighs in on the subject. Let’s take a closer look at the study’s findings.
About “Tomorrow’s MBA”
CarringtonCrisp first debuted Tomorrow’s MBA in 2019 in an attempt to identify changing students attitudes about the degree in the post-financial crisis era. Conducted annually every year since, Tomorrow’s MBA has collected, analyzed and reported on the perspectives of more than 7,000 aspiring MBA students from over 90 countries.
Last year’s study revealed that an increasing number of GMAT test takers were opting to apply for specialist master’s degree programs rather than MBAs. 2018’s report, meanwhile, counters recent allegations from everywhere from the Financial Times (“MBAs are dead”) to The Economist (“MBAs are no longer prized by employers”) that MBAs are a dying breed with the proposition that they’re evolving instead.
Specifically, Tomorrow’s MBA 2019 cites three areas ripe for change, based on input from prospective students.
For starters, with 20 percent of MBA candidates choosing to pursue MBAs because they plan on starting their own businesses, MBA curricula need to highlight entrepreneurial training.
Students also continue to exhibit increased demand for part-time, Executive MBA. and hybrid programs with full-time one-year MBA programs in particular picking up steam.
Lastly, students are prioritizing programs which integrate career planning and services into the MBA experience.
Additional factors expected to impact the evolution of MBAs, according to Tomorrow’s MBA 2019, an increase in women candidates, along with more competition from international MBA programs.
The overall takeaway? “The MBA is here to stay, but in many places it will look different, it will be the MBA 2.0, 3.0 or beyond.’
At Mantissa College, we deliver the part-time mba programs Master of Business Administration programme, a programme in collaboration with Paris Graduate School of Management, France case studies comprise an impressive 50 percent of assessments while the remaining 50 percent is designated for assignments. The takeaway? When it comes to an active, engaging and hands-on business degree, you’d be hard-pressed to find one better than this MBA.
Mantissa College’s MBA program boasts a dynamic global network of more than 80,000 alumni. One recent alumnus, Harrison Jub, says, “I took the 15-month Master of Business Administration course and in the first week, I was discussing the Real Case Study with groups of working professionals from different fields. And so I was learning from real people with real problems. Thanks to the case study based learning approach I am now capable of taking up more projects because I had been exposed to a wider perspective on handling matters from my learning experience.”
Certainly, evidence attests to the tremendous value of case studies in business education. Between its focus on this learning style and many other desirable attributes, Mantissa College’s Master of Business Administration offers an invaluable inside edge for aspiring business leaders.
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