Leading Business Schools overhaul their Curriculum
MBA News Barbara Barkhausen / 01-03-2011
Several leading business schools change their MBA curriculum or restructure their program, reports Businessweek. The University of Virginia’s Darden Graduate School of Business for example reworked its first year of the program allowing students to better balance recruiting activities, club events and course work. The French business school Essec is also relaunching its programme, mainly changing its intake requirements. Initially the school didn’t require students to have significant work experience, whereas it expects now around six years’ professional know-how. The biggest changes come from the University of Pennsylvania’s Wharton School.
The school is shifting its curriculum from late 2011 onward towards Executive Education. In the future the school will offer an Executive Education course to MBA graduates free of charge once every seven years. The new curriculum will also give students greater flexibility to choose their courses. For more global experience it will enable students to attend classes in countries like India, China, Brazil and South Africa. The curriculum will also focus on areas such as ethics, analytics, leadership, self-evaluation and soft skills like oral and written communication. In addition students must take part in a two-year leadership coaching program where they will regularly receive feedback on their accomplishments during their MBA program.
Wharton Business School has worked on the new curriculum for several years and has interviewed thousands of students, alumni, corporate executives and deans from different countries on how they anticipate the business world to develop in the next 20 years.