The two-year MBA programme is likely to get phased out in a decade as students and working professionals in a fast-changing world will find continuing education and executive MBA programmes more useful to stay updated rather than spending two years learning management in an educational institute, according to premier B-School Indian Institute of Management Ahmedabad (IIMA) Director Errol D’Souza.
Agreeing, D'Souza says the two-year programme will diminish in importance over the next decade. “Given the rapid pace of change, spending two years in an educational institute learning management seems like a little waste of time.” He elaborated that corporations are also looking for people with prior work experience. “So, you want people who have worked for 3-4 years, have an understanding of organisations, and then come in maybe for a one-year programme and then do continuing education through executive education, which is another thing we focus on a lot. Then, you are constantly upgrading yourself as the world is changing,” he said.
https://www.businesstoday.in/education/story/iim-ahmedabad-sees-the-two-year-mba-programme-getting-phased-out-in-a-decade-352587-2022-11-11
Agreeing, D'Souza says the two-year programme will diminish in importance over the next decade. “Given the rapid pace of change, spending two years in an educational institute learning management seems like a little waste of time.” He elaborated that corporations are also looking for people with prior work experience. “So, you want people who have worked for 3-4 years, have an understanding of organisations, and then come in maybe for a one-year programme and then do continuing education through executive education, which is another thing we focus on a lot. Then, you are constantly upgrading yourself as the world is changing,” he said.
https://www.businesstoday.in/education/story/iim-ahmedabad-sees-the-two-year-mba-programme-getting-phased-out-in-a-decade-352587-2022-11-11
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