GLOBALISATION, the internet, evolving business practices and corporate accounting scandals have had a profound impact at business schools around the world. Curricula have been modified, new courses launched and fresh teaching - or learning - strategies adopted.
'Many schools have reacted to the changes ...with new courses focused on the global economy and most schools teach courses in corporate social responsibility,' said Kathleen Slaughter, executive director, Richard Ivey School of Business (Asia).
'Teaching business is about developing leaders - leaders who think globally, act strategically and contribute to the societies in which they operate.'
In response to changing business practices, Ivey has overhauled its MBA programmes in the past two years.
'We listened to business leaders around the world, we sought input from the recruiters who hire our students, we challenged our faculty and we interviewed our students and alumni,' Professor Slaughter said.
'Our new programme still takes a general management perspective and we still provide continual integration ... But we refined our ethics and corporate responsibility programmes because they are key components of any world-class school.'
Raymond Yeung, course director of the MBA in International Management offered jointly by the University of London and HKU SPACE, said technological advances had been a prime mover behind the changes.