A. What do you consider the most significant developments in MBA/management education and the international business school market as a whole this year?
Growth of emerging markets- Particularly, China and India where there is an increased interest in MBAs. Chinese schools have risen prominently in the Financial Times rankings.
Europe v US- European schools are challenging the dominance of major US schools. In particular, European schools are taking more steps to align the MBA qualification with business needs.
Bologna Accord- European schools and Universities are waking up to the implications of the Bologna Accord, which comes into effect in 2010.
Academic v Practical- Following on from Mintzberg's book, 'Managers not MBAs', more schools are realising the need to be closer to and interact more with business. How will this affect the academic business model of many traditional schools remains to be seen.