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Are the Best Business Schools Now Schools that Cater to Globalization?
Posted on November 20th, 2009
The best business schools have traditional prided themselves on their ability to place their students in optimal companies upon graduation. Recently, however, this has become more difficult to procure, and schools have been forced to look elsewhere to increase their rankings. As a result, business schools have begun to offer more courses catering to independent businesses, eco-friendly companies, and the ever-expanding global community. In this sense, international students can now earn business degrees from countries as far away as India.
Dual-enrollment options have helped strengthen this program within many institutions, as international MBAs are now offered to students as an experiment for students who deal more with international clients. Schools now have the flexibility to manage across international boundaries in a way that was previously unheard of. By injecting globalism into their subject matter, business schools are now creating more opportunities for their students to work for international companies.
Many schools have now reached out to students who already hold a background in international dealings and now how to speak a variety of languages. As a result, these schools have looked into many third-world nations for students who show potential but do not have the money to attend a school within a Western university. Online education has thus opened many doors for these students and has additionally presented them with one of the most profitable degrees any student can hope to earn.
As more and more business schools have begun implementing international programs into their curriculum, many students have already begun this process on their own and have armed themselves with the knowledge of extra languages or the inner workings of global business. Many of these new courses are additionally required first year courses, such as Stanford’s “Global Context of Management”, while other programs require students to take study trips into foreign countries in order to give them a taste of the international community.
Global immersion classes have now swept the business school community, as students now enroll in classes that teach about the carbon market in Brazil and the potential of investment partners in China. These subjects have become increasingly relevant in a world in which boundaries are becoming heavily intertwined and countries are doing business on a regular basis with each other. It is a wonder that such courses were not previously required for introductory classes. However, the best business schools now offer many “global immersion” courses in an effort to better prepare their graduates for the ever-changing business community; the days of a uni-polar world are now gone, as other world leaders have begun to emerge in the business context.