PERSPECTIVE
BUSINESS SCHOOL TRENDS THAT
WILL DOMINATE THE FUTURE
T
he year 2008 Global financial crisis
paved for an emphasis towards risk
management and sustainability in the
economy. The year 2014 saw the Russian fi nancial
crisis reach head. 2015 saw the global economy
shudder because of the Chinese Stock Market
crash. Events like this affect globally and
create demand for what is needed in the market,
leading to trends in Management and Businesses.
That necessitates fl exibility in the immediate
environment, and the best way to adapt to these
changes remain through Education as the sector
also continues to undergo an exciting period of
evolution. At the start of year 2019, let’s look at
the recent trends in the economy and society, that
are fast shaping business education.
Fast turn-around in MBA studies
In the recent years, there has been a growing
demand for a FAST IN FAST OUT model of
education. Working professionals who like to
fast-track their career opt for the one year /
fast track MBAs. Few good business schools,
approved by AICTE, are catering to this untapped
market. The curriculum has been designed to
suit up the demand and make industry ready in
a short period.
26
| Vol. 10 Issue 3 • MARCH 2019, Delhi NCR
Debjani Roy
Chief People Offi cer
SRL Ltd
BIG data is getting Bigger
Analytics is affecting every industry without
any bias. After moving into the digital age of
storage from physical records, the amount of
data every company has on a cumulative basis
is on the rise every day. With this amount of
data spiralling through the roof, it is getting
progressively diffi cult to get credible results out
of them. Therefore the need today for specialized
analytics tools to find a pattern out of the
available data and leverage it to bring in some
form of prediction/intelligence into the business
that will make the operation/performance more
effi cient.
The demands of a job market keep changing
with time. B-schools are continuously mending
their curriculum every year to make sure that the
outgoing students stay business relevant. There
has been a lot of noise in the areas of artifi cial
intelligence, big data and machine learning in
the recent years.
Tech-savvy schools
MBA schools have widely incorporated digital
technology in their curriculum. Be it lectures or
class notes, assignment solutions, everything