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The Future of Management Education - Volume 1: Challenges facing Business Schools around the World
Contents
5
Notes on Contributors
7
List of Figures
13
List of Tables
16
1: Trends and Challenges in Management Education around the World
21
The Role of Business in Society and the Booming of Tertiary Education in Management Around the World
22
Management Education is Increasingly Subject to External Evaluation Conducted by Third Parties. How to Deal with This Market of External Evaluation?
23
The Business Model of Business Schools Built on Funding and Reputation is at Risk. The Search for More Revenues
27
A Dividing Line May Increasingly Split Management Faculty. How to Ensure the Quality and the Relevance of the Management Knowledge?
31
Competition Among Business Schools Across the World is Changing with Transnational Offerings and Brain Drain: How to Compete in an Increasingly International Arena?
33
Distance and Blended Learning, and Other Innovations in Management Education
36
The Development of Private Companies Running Management Education for Profit
38
Summary of Challenges Facing Business Schools
40
Bibliography
41
2: Higher Education in Management: The Case of the United States
42
The History of Management Education in the United States of America
42
The Supply Side of Higher Education in Business in the USA
44
Main Suppliers of Business Education
44
Private Institutions
45
Public Institutions
45
Public University Systems at the Individual State Level
46
Distribution of Institutional Governance, Business School Accreditation and Data Sources
47
Typical Programs Offered
49
Development of Current Pedagogy
51
Business Models of Business Schools
53
Faculty in Higher Education in Business in the USA
59
Demographics
59
Gender
60
Ethnicity/Race
60
The PhD Project
62
PhD Requirements
63
Faculty Career Paths
66
Non-Tenure-Track Faculty Positions
69
The Tenure Track: Expectations and Assessment
70
Teaching Loads and Other Workload Components
71
Remuneration of Faculty
73
The Demand for Higher Education in Business in the USA
74
Students Involved in Business Programs in the USA
75
Competition for Degree Programs in Business in the USA
80
Labor Market for Graduates
81
Regulatory Bodies Affecting Higher Education in Business in the USA
82
An Open Market for the Establishment of Educational Institutions
82
Regional Organizations Accrediting Universities and Colleges
82
AACSB as the Accrediting Organization for US Business Schools
84
Accreditation Standards and Review Process
85
Accredited Schools and Member Schools
87
AACSB as Both Judge and Partner
88
Continuous Quality Development
88
Data Collection and Dissemination for Benchmarking
89
Concluding Reflections
90
Bibliography
92
3: Higher Education in Management: The Case of Germany
93
A History of Business Administration Education in Germany
93
Institutionalization of Business Administration at the Beginning of the Twentieth Century
94
Transformation of the Object of Knowledge or Research Topic Over Time
96
Internationalization of German Business Administration
97
The Supply Side
98
The Structure of the Education System
98
Main Suppliers of Business Education
100
Typical Programs Offered
108
Current Development of Pedagogy
111
Faculty
112
The Demand Side
115
Students Taking Courses in Business Administration
115
Labor Market for Business Administration Graduates
118
Employers’ Investments in Continued Management Education
118
Regulatory Bodies
120
State Regulation and Public Policy
120
Ranking and Accreditation
121
Concluding Remarks
122
Appendix: State-Owned Universities with Business Administration Study Programs (also Included: Industrial Engineering with Focus on Management, Business Administration and Economics) (Status 2015)
123
Bibliography
132
4: Higher Education in Management: The Case of Australia
135
A Brief History of Business HE in Australia
135
The Supply Side: Institutional Edifices and Transforming Pedagogies
137
The Demand Side: Key Stakeholders and Their Expectations
144
The Regulation of Business HE in Australia
147
Conclusions: Future Challenges and Opportunities
150
Bibliography
151
5: Higher Education in Management: The Case of Spain
156
The History of Management Education in Spain
156
The Supply Side of Higher Education in Business
160
Main Suppliers of Management Education
160
Business Studies in the Higher Education System
164
Programmes Offered and Corresponding Fees
166
Current Development of Pedagogy
171
Faculty
172
PhD Requirements
172
Professional Career
174
Workload and Salaries
176
The Demand for Higher Education in Business
179
Teaching and Research Performance in Business Higher Education
182
Regulatory Bodies
187
Conclusion
190
Bibliography
196
Websites
196
6: Higher Education in Management: The Case of Israel
198
From the Kibbutz to the Start-Up
198
The Management Education System of the “Start-Up Nation”
200
Specificities of Business Education in Israel
202
A Practical Approach to Pedagogy
204
MBAs Galore: The Demand for Higher Education in Business
209
Academy–Industry Partnership
211
Israel’s Insular Mentality When it Comes to Management Education
212
Faculty Lifecycle, PhD Requirements, Salaries
214
Conclusion
218
Bibliography
219
7: Higher Education in Management: The Case of the UK
221
Introduction
221
The Supply Side of Business and Management Education and Training
223
The UK’s Public Business/Management Schools
226
Typical Programmes Offered
233
Current Development of Pedagogy
234
Business Models of Business Schools and Their Sustainability
239
The Educational Model
242
Underpinning Pedagogic Philosophy
243
Scope of Services
243
Scope and Modes of Internationalisation
244
Strategic Partnerships
246
Knowledge Production
246
Accreditation
247
Rankings
248
Market Segments
248
Faculty
249
Hygiene Factors
249
Faculty
250
The Demand for Higher Education in Business
253
Regulatory Bodies
259
Conclusions
262
Bibliography
264
8: Higher Education in Management: The Case of South Africa
270
Changes in the South African MBA Landscape
279
MBA Student Age and Gender Trends
279
South African Business School Links with International and African Schools
281
Source
282
The South African Business School Environment
282
Bibliography
291
9: Higher Education in Management: The Case of Poland
292
Introduction
292
The Supply and Demand for Higher Education in Business
294
Undergraduate and Graduate Education in Business Administration
297
Postgraduate and Executive Education in Poland
298
Faculty and Doctoral Programmes
299
Regulatory Bodies and Evaluation
303
Conclusions
305
Bibliography
306
Reports
307
Website Information
307
10: Higher Education in Management: The Case of Canada
309
The Supply Side of Management Education in Canada
310
The Faculty on the Canadian Management Education Scene
314
Other Issues
320
Concluding Notes
322
Appendix 1: Historical Evolution of Median Academic Salaries in Universities and Business Schools in Canada, Selected Years 1970–2000
322
Bibliography
323
11: Higher Education in Management: The Case of Portugal
324
Introduction
324
The Supply Side of Higher Education in Business
326
Main Suppliers of Management Education
327
Typical Programmes Offered
328
Undergraduate
328
Master’s Programmes
329
Doctoral Programmes
330
Non-academic Courses and Executive Education
330
Tuition and Registration/Entry Fees
331
Internationalization and Similar Trends
331
Current Development of Pedagogy
332
Business Models of Business Schools and Their Sustainability
332
Management Research
333
Faculty
334
PhD Requirements
334
Faculty Career Development
335
The Demand for Higher Education in Business
337
Regulatory Bodies
338
Accreditation
338
Rankings of Business Schools
339
Conclusion
339
Bibliography
340
12: Higher Education in Management: The Case of Sweden
343
History of Management Education in Sweden
343
The Supply Side
346
Structure of the Educational System
346
Main Suppliers of Business Education
347
Typical Programs Offered
348
Business Schools
348
Technology Universities
349
Regional University Colleges
350
Other Education Suppliers
350
Tuition Fees
351
Faculty
351
PhD Requirements
352
Career Paths and the Emergence of a Tenure-Track System
353
An Example: The Tenure-Track System at Stockholm School of Economics
354
Tenure Track: Implications for Research and Teaching
355
Remuneration of Faculty
356
The Demand Side
357
Students Taking Courses in Business Administration
357
Competition for Degree Programs in Business Administration
358
Labor Market for Business Administration Graduates
359
Employers’ Investments in Continued Management Education
360
Regulatory Bodies
361
Bureaucratic Regulation
361
Market Regulation
362
Ranking and Accreditation
363
Concluding Reflection on Internationalization of the Business School
364
Bibliography
365
13: Higher Education in Management: The Case of Italy
367
Introduction
367
The Supply Side of Higher Education in Business Administration
368
Universities
370
State-Owned Universities
373
Private Universities
380
Other Competitors in the Business Education Arena
383
Typical Programs Offered
385
Lauree Triennali
386
Lauree Magistrali
386
First-Level Master’s
388
Second-Level Master’s
388
PhD Programs
388
The Demand Side: Students
395
The Role of Other Players
402
The State
402
Italian University Reforms
402
Financial Support to Universities
403
Rankings
407
Role of the National Agency for University System and Research Evaluation (ANVUR)
407
Faculty
409
The Career Path
411
Wages
412
Faculty Evaluation
413
Trends
414
Internationalization
414
Concentration
415
Market Shrinking
415
Competition and Cooperation
416
Conclusions
417
Bibliography
418
Index
420
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