As auganov pointed out, a lot of the BA curriculum is inter-disciplinary and the content is largely generic (barring specializations such as finance/ops etc). Nowadays, anybody can access this knowledge for free for little/no cost. Hence, IMO its not really the content or even the lectures that make MBA schools sell (something which I think even they admit openly).
Most people go for the 'network' and the validation that the school gives you. So no matter how outdated their curriculum gets, as long as
a) their current alums promote and guide future ones (shouldn't be any problem)
b) They are able to continuously source smart people
c) Nobody comes up with a better alternative system to identifying future leaders
These schools should have no problem.
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IMO, (a) will never be a problem for these schools. The supply of smart undergrads/students is also assured given our innate inertia, FOMO and the perceived lack of growth in non-mba fields as we grow older.
Thus, (c) i.e. somebody coming up with a better metric/validation mechanism to source top leaders should be the biggest concern for these schools.
The lack of formalism and accountability in the curriculum (specially in the softer subjects) means that it's unlikely any one finding/study/trend can deal a major blow to these institutions. For every Enron, they can cite a Jack Welch.
tl;dr: Slow gradual change/reflection is unlikely to change these schools much. Disruption is what's needed.
Most people go for the 'network' and the validation that the school gives you. So no matter how outdated their curriculum gets, as long as
a) their current alums promote and guide future ones (shouldn't be any problem)
b) They are able to continuously source smart people
c) Nobody comes up with a better alternative system to identifying future leaders
These schools should have no problem.
======
IMO, (a) will never be a problem for these schools. The supply of smart undergrads/students is also assured given our innate inertia, FOMO and the perceived lack of growth in non-mba fields as we grow older.
Thus, (c) i.e. somebody coming up with a better metric/validation mechanism to source top leaders should be the biggest concern for these schools.
The lack of formalism and accountability in the curriculum (specially in the softer subjects) means that it's unlikely any one finding/study/trend can deal a major blow to these institutions. For every Enron, they can cite a Jack Welch.
tl;dr: Slow gradual change/reflection is unlikely to change these schools much. Disruption is what's needed.