Future of Management Education (eBook)

Stéphanie Dameron is Professor of Strategic Management at Paris Dauphine University, France, where she runs the Chair “Strategy and Competitive Intelligence”. She has been a Board member of Paris Dauphine University since 2012 and a member of the Supervisory Board of the ESSEC business school since 2016. Professor Dameron is the former chair of the French Academy of Management (2012-2014) and previously held the positions of Associate Editor of the British Journal of Management (2011-2015) and Associate Editor of the European Management Review in 2014. She was elected as Program chair of the Strategic Management Society’s Strategy Practice Interest Group in 2014. Thomas Durand is Professor and Chair of Strategic Management at Cnam Paris, France. Professor Durand is a Fellow of the European Academy of Management (Euram), founding member of the European Institute for Technology and Innovation Management (EITIM), former president of both the International Association of Strategic management (AIMS) and the French Society of Management (SFM). He has published extensively in business strategy and innovation management. He was at Centrale Paris for 30 years and taught at HEC, INSEAD, Dauphine, the Stockholm School of Economics or Chalmers. He has an extensive experience in executive education. They jointly co-authored and co-edited The Future of Business Schools: Scenarios and Strategies for 2020 (Palgrave Macmillan, 2008).

Contents 5
Notes on Contributors 7
List of Figures 13
List of Tables 16
1: Trends and Challenges in Management Education around the World 21
The Role of Business in Society and the Booming of Tertiary Education in Management Around the World 22
Management Education is Increasingly Subject to External Evaluation Conducted by Third Parties. How to Deal with This Market of External Evaluation? 23
The Business Model of Business Schools Built on Funding and Reputation is at Risk. The Search for More Revenues 27
A Dividing Line May Increasingly Split Management Faculty. How to Ensure the Quality and the Relevance of the Management Knowledge? 31
Competition Among Business Schools Across the World is Changing with Transnational Offerings and Brain Drain: How to Compete in an Increasingly International Arena? 33
Distance and Blended Learning, and Other Innovations in Management Education 36
The Development of Private Companies Running Management Education for Profit 38
Summary of Challenges Facing Business Schools 40
Bibliography 41
2: Higher Education in Management: The Case of the United States 42
The History of Management Education in the United States of America 42
The Supply Side of Higher Education in Business in the USA 44
Main Suppliers of Business Education 44
Private Institutions 45
Public Institutions 45
Public University Systems at the Individual State Level 46
Distribution of Institutional Governance, Business School Accreditation and Data Sources 47
Typical Programs Offered 49
Development of Current Pedagogy 51
Business Models of Business Schools 53
Faculty in Higher Education in Business in the USA 59
Demographics 59
Gender 60
Ethnicity/Race 60
The PhD Project 62
PhD Requirements 63
Faculty Career Paths 66
Non-Tenure-Track Faculty Positions 69
The Tenure Track: Expectations and Assessment 70
Teaching Loads and Other Workload Components 71
Remuneration of Faculty 73
The Demand for Higher Education in Business in the USA 74
Students Involved in Business Programs in the USA 75
Competition for Degree Programs in Business in the USA 80
Labor Market for Graduates 81
Regulatory Bodies Affecting Higher Education in Business in the USA 82
An Open Market for the Establishment of Educational Institutions 82
Regional Organizations Accrediting Universities and Colleges 82
AACSB as the Accrediting Organization for US Business Schools 84
Accreditation Standards and Review Process 85
Accredited Schools and Member Schools 87
AACSB as Both Judge and Partner 88
Continuous Quality Development 88
Data Collection and Dissemination for Benchmarking 89
Concluding Reflections 90
Bibliography 92
3: Higher Education in Management: The Case of Germany 93
A History of Business Administration Education in Germany 93
Institutionalization of Business Administration at the Beginning of the Twentieth Century 94
Transformation of the Object of Knowledge or Research Topic Over Time 96
Internationalization of German Business Administration 97
The Supply Side 98
The Structure of the Education System 98
Main Suppliers of Business Education 100
Typical Programs Offered 108
Current Development of Pedagogy 111
Faculty 112
The Demand Side 115
Students Taking Courses in Business Administration 115
Labor Market for Business Administration Graduates 118
Employers’ Investments in Continued Management Education 118
Regulatory Bodies 120
State Regulation and Public Policy 120
Ranking and Accreditation 121
Concluding Remarks 122
Appendix: State-Owned Universities with Business Administration Study Programs (also Included: Industrial Engineering with Focus on Management, Business Administration and Economics) (Status 2015) 123
Bibliography 132
4: Higher Education in Management: The Case of Australia 135
A Brief History of Business HE in Australia 135
The Supply Side: Institutional Edifices and Transforming Pedagogies 137
The Demand Side: Key Stakeholders and Their Expectations 144
The Regulation of Business HE in Australia 147
Conclusions: Future Challenges and Opportunities 150
Bibliography 151
5: Higher Education in Management: The Case of Spain 156
The History of Management Education in Spain 156
The Supply Side of Higher Education in Business 160
Main Suppliers of Management Education 160
Business Studies in the Higher Education System 164
Programmes Offered and Corresponding Fees 166
Current Development of Pedagogy 171
Faculty 172
PhD Requirements 172
Professional Career 174
Workload and Salaries 176
The Demand for Higher Education in Business 179
Teaching and Research Performance in Business Higher Education 182
Regulatory Bodies 187
Conclusion 190
Bibliography 196
Websites 196
6: Higher Education in Management: The Case of Israel 198
From the Kibbutz to the Start-Up 198
The Management Education System of the “Start-Up Nation” 200
Specificities of Business Education in Israel 202
A Practical Approach to Pedagogy 204
MBAs Galore: The Demand for Higher Education in Business 209
Academy–Industry Partnership 211
Israel’s Insular Mentality When it Comes to Management Education 212
Faculty Lifecycle, PhD Requirements, Salaries 214
Conclusion 218
Bibliography 219
7: Higher Education in Management: The Case of the UK 221
Introduction 221
The Supply Side of Business and Management Education and Training 223
The UK’s Public Business/Management Schools 226
Typical Programmes Offered 233
Current Development of Pedagogy 234
Business Models of Business Schools and Their Sustainability 239
The Educational Model 242
Underpinning Pedagogic Philosophy 243
Scope of Services 243
Scope and Modes of Internationalisation 244
Strategic Partnerships 246
Knowledge Production 246
Accreditation 247
Rankings 248
Market Segments 248
Faculty 249
Hygiene Factors 249
Faculty 250
The Demand for Higher Education in Business 253
Regulatory Bodies 259
Conclusions 262
Bibliography 264
8: Higher Education in Management: The Case of South Africa 270
Changes in the South African MBA Landscape 279
MBA Student Age and Gender Trends 279
South African Business School Links with International and African Schools 281
Source 282
The South African Business School Environment 282
Bibliography 291
9: Higher Education in Management: The Case of Poland 292
Introduction 292
The Supply and Demand for Higher Education in Business 294
Undergraduate and Graduate Education in Business Administration 297
Postgraduate and Executive Education in Poland 298
Faculty and Doctoral Programmes 299
Regulatory Bodies and Evaluation 303
Conclusions 305
Bibliography 306
Reports 307
Website Information 307
10: Higher Education in Management: The Case of Canada 309
The Supply Side of Management Education in Canada 310
The Faculty on the Canadian Management Education Scene 314
Other Issues 320
Concluding Notes 322
Appendix 1: Historical Evolution of Median Academic Salaries in Universities and Business Schools in Canada, Selected Years 1970–2000 322
Bibliography 323
11: Higher Education in Management: The Case of Portugal 324
Introduction 324
The Supply Side of Higher Education in Business 326
Main Suppliers of Management Education 327
Typical Programmes Offered 328
Undergraduate 328
Master’s Programmes 329
Doctoral Programmes 330
Non-academic Courses and Executive Education 330
Tuition and Registration/Entry Fees 331
Internationalization and Similar Trends 331
Current Development of Pedagogy 332
Business Models of Business Schools and Their Sustainability 332
Management Research 333
Faculty 334
PhD Requirements 334
Faculty Career Development 335
The Demand for Higher Education in Business 337
Regulatory Bodies 338
Accreditation 338
Rankings of Business Schools 339
Conclusion 339
Bibliography 340
12: Higher Education in Management: The Case of Sweden 343
History of Management Education in Sweden 343
The Supply Side 346
Structure of the Educational System 346
Main Suppliers of Business Education 347
Typical Programs Offered 348
Business Schools 348
Technology Universities 349
Regional University Colleges 350
Other Education Suppliers 350
Tuition Fees 351
Faculty 351
PhD Requirements 352
Career Paths and the Emergence of a Tenure-Track System 353
An Example: The Tenure-Track System at Stockholm School of Economics 354
Tenure Track: Implications for Research and Teaching 355
Remuneration of Faculty 356
The Demand Side 357
Students Taking Courses in Business Administration 357
Competition for Degree Programs in  Business Administration 358
Labor Market for Business Administration Graduates 359
Employers’ Investments in Continued Management Education 360
Regulatory Bodies 361
Bureaucratic Regulation 361
Market Regulation 362
Ranking and Accreditation 363
Concluding Reflection on Internationalization of the Business School 364
Bibliography 365
13: Higher Education in Management: The Case of Italy 367
Introduction 367
The Supply Side of Higher Education in Business Administration 368
Universities 370
State-Owned Universities 373
Private Universities 380
Other Competitors in the Business Education Arena 383
Typical Programs Offered 385
Lauree Triennali 386
Lauree Magistrali 386
First-Level Master’s 388
Second-Level Master’s 388
PhD Programs 388
The Demand Side: Students 395
The Role of Other Players 402
The State 402
Italian University Reforms 402
Financial Support to Universities 403
Rankings 407
Role of the National Agency for University System and Research Evaluation (ANVUR) 407
Faculty 409
The Career Path 411
Wages 412
Faculty Evaluation 413
Trends 414
Internationalization 414
Concentration 415
Market Shrinking 415
Competition and Cooperation 416
Conclusions 417
Bibliography 418
Index 420