Business Schools: Irrelevant No More

From now on, business schools will play a vital role that neither business nor academia can perform on their own, and that bodes well for their future

Almost since their inception more than 100 years ago, the death of business schools and MBAs has been predicted to be imminent. Stuck between a business world that thinks them academic, in the derogatory not the complimentary sense, and universities that think them unacademic, in an equally derogatory sense, it is not surprising that business schools periodically suffer serious bouts of self-doubt. We are currently in the midst of one such period. I am going to argue that far from being on their last legs, business schools are on the cusp of a new dawn that will see their significance and size expand to greater heights over the next few decades.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.