Business education requires radical innovation

Most business schools have restructured their curriculum in a way that meets the current and future needs of the corporate world and society as a whole.

The B-School curriculum should focus primarily on industry / corporate requirements which means the course should be consistent with current and future practices, models, strategies and requirements of the industry. In this changing environment, students need to be technology-driven so that maximum and efficient output can be run. Today, blockchain technology, the Internet of Things, machine learning, artificial intelligence are all part of the system and every student should know about the latest technology to compete in the business world. Second, the curriculum must focus on skills development through a variety of domain-specific and industry-based certification programs. The course curriculum should also focus on employability skills. In addition to the curriculum, it must offer some value-added current short-term professional certifications and short-term training that further influence the corporate world, such as Six Sigma, SAP, Microsoft Excel, Total Quality Management, Blockchain Technology, Cryptocurrency and Supply. Chain and logistics are some of the names.

Further, along with social issues, emphasis should also be laid on social skills in the curriculum. It is strongly believed that every student should go through a compulsory and rigorous social internship that will teach them empathy, compassion, humility, earth to earth behavior, teamwork, leadership qualities, thinking outside the box, society, friends, family and responsibility towards each other. Government. Through all this, they create a sustainable method / model for the managers of our country. Through this method, students can become good people because by then they may have seen how the poorer sections of the society and other people in rural areas are living.

For more innovative and sustainable development, our curriculum must include business policy, corporate social responsibility and sustainability so that young managers can create a framework for conducting business in the best possible way. Things have changed dramatically since Kovid 19. On the one hand China is playing its own cards, on the other hand Russia is invading Ukraine, the price of petroleum has risen which is causing huge problems for the world economy. So every student should be able to handle all these situations. The best possible method.

With this same sustainable approach, we are practicing at Jaipuria School of Business where we have redesigned and restructured our curriculum to prepare our future managers for all sorts of obstacles like financial crisis, complex geopolitical problems in the corporate world. Every day new changes in the environment and technology that create the obligation to provide our students with a very different and unique educational experience.

At the Jaipuria School of Business, the syllabus has been revised every alternate year keeping in view the variable examples mentioned above and inputs from all the key stakeholders including industry and academia experts. We are convinced that emerging managers have the ability to restructure business practices for the betterment and survival of society at the national and international levels. In today’s situation business schools have unique challenges and opportunities and should create an holistic, sustainable model for their society. Finally, as the world is changing rapidly, curricula should be created to deal with the changing trends.

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