She was unable to process the news about her daughter’s fingers being amputated due to a medical emergency
Artificial intelligence and machine learning
The corporate world has an unquenchable thirst for skilled hires, who can analyse and translate big data. The proliferation of masters of data analytics programmes will continue. But the basics of the coursework will become ever more visible in other degrees, such as undergraduate business and MBA programmes.
Most importantly, big data will be revolutionised by improvements in artificial intelligence and machine learning. This means business students are going to require further education in these areas. Business schools that don't get on board quickly will risk being left behind.
More schools will invest in student businesses
By all accounts, business students are more interested than ever in starting their own companies or working for new ventures. We expect this trend to continue. Top business schools are trying to help students test their ideas in a safe place. They warn them about the challenges, and give them a taste of what start-up life really looks like. Of course, they don't want to be left out if the student succeeds.
More unity on campus
Many business schools live within larger universities. Often, different buildings separate the different schools. There are separate faculty and administration, of course. But in recent years, business schools have been encouraging a greater level of mingling between different parts of the university. The hope is that business students will meet with engineers, scientists, or doctors in training, and help them commercialise technology and discoveries they are making. In addition, joint programmes can help business students grasp and specialise in another area of study. Engineers, medical doctors, and lawyers with an MBA, too, can bring different perspectives and skills to the table. Increased levels of collaboration will certainly be at the forefront of business school initiatives in 2018.
Alternatives to the MBA
Business schools have been listening to their constituencies, and they recognise that businesses need hungry, young employees. The MBA programme is great for those with a few years of experience under their belt, but more schools are identifying a need for a diverse portfolio of programmes, including ones that are a good fit for younger students.
Even more diversity
For years schools have been making a concerted effort to attract a more diverse student body. Little by little, they are making progress. Changing demographics and efforts to be more welcoming are helpful. The millennials in class now are used to more diverse work and school environments. We expect this trend to continue moving forward. And we imagine schools will do more to recruit a more diverse faculty, too.
In fact, QS has always placed importance on diversity among both faculty and students. It has a weight of 10 per cent for the Global MBA Rankings 2018, released towards the end of last year. Today's students need to graduate with a global mindset and the ability to work in teams that incorporate different cultures, languages, backgrounds, and experience. That's why diversity will continue to hold great importance.
Liberal arts meet business
Years ago business students - not to mention schools and recruiters - shunned liberal arts courses. In general, poets and philosophers failed to make quarterly earnings estimates, so they weren't of great importance to future titans of industry or their mentors.
She was unable to process the news about her daughter’s fingers being amputated due to a medical emergency
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