Demand for Management Education Up From 2011: GMAC survey

Demand for graduate business and management education around the world shows signs of renewed growth, as 51 percent of programs surveyed by the Graduate Management Admission Council report more applications than last year.

Overall demand — as revealed in the 2012 Application Trends Survey — is spread among a greater variety of program types, including part-time self-paced, flexible, and online distance MBAs, as well as specialized master’s degrees in business, including information technology management. 

“As the global business space continues to become more complex, there is a greater demand that business schools today offer specialized and flexible programs to meet corporate and student needs,” said David Wilson, GMAC president and CEO. “Worldwide, these diverse graduate management programs are drawing different kinds of students.  Technology is a part of the solution to this challenge, but it is not the entire solution.  Flexibility in delivery mode, cadence of the program and the characteristics of the class cohort are now all variables in the graduate education solutions being offered.  The message students and companies are sending is clear; one size does not necessarily fit all.”

The annual survey, which charts year-to-year application changes at the program level, shows that specialized master’s programs in management, finance, and accounting continue to show robust growth, and applications to full-time two-year MBA programs appear to be stabilizing globally, with about half of all full-time two-year MBA programs showing increases or holding steady from last year.  

In open-ended comments, admissions professionals responding to the survey noted that economic conditions continued to play a role in student demand for programs. “[A student’s] reluctance to leave full-time position,” cited one admissions professional from a US full-time two-year MBA program. “The economy is picking up and students are finding full-time jobs or have received promotions and do not want to leave to go back to school for two years,” said another. 

A record 744 programs from 359 business schools in 46 countries participated in the survey this year. They include 527 MBA programs, 24 business doctoral programs (PhD/DBA) and 193 specialized masters programs. This year’s survey report includes, for the first time, results for masters in information technology management and masters of marketing/communications.

Learning the SMART way

SMART Technologies, a leading provider of collaboration solutions has launched the Mumbai chapter of its SMART Professional Development Program for Teachers. The programme focuses on addressing the need to train teachers in the use of interactive educational technology tools. The aim of the programme is to help educators acquire technology skills enabling them to actively integrate digital learning tools in their teaching process for improved learning outcomes. SMART plans to train around 100 teachers from over 50 schools in Hyderabad in the first wave of this programme in the city.

Photo courtesy: Hindu Business Line

Under the SMART Professional Development Program - India, SMART Technologies’ team of Education Consultants will conduct a series of workshops across 15 major cities in India in order to prepare teachers in the use of technology tools including the industry-leading SMART Notebook™ collaborative learning software. Over six million teachers have activated SMART Notebook software to create and deliver engaging lessons for more than 40 million students in 175 countries around the world. The award-winning software enables educators to bring course material alive for learners with the aid of various interactive tools, videos, images and digital activities allowing lessons to be highly engaging and dynamic for students. The training sessions will be offered to teachers at no cost.

Sanjiv Pande, MD India and South Asia, SMART Technologies said, “Well trained teachers are integral for an effective education system and it is critical to equip them with 21st century educational tools as well as offer professional development to optimize the use of such products. Taking a significant step towards addressing the need for training teachers in the use of digital tools, SMART has introduced this training series for the instructors to ensure their optimal use of SMART products and enabling them to make subject lessons more engaging for students.”

MIT launches free online electronics course

Massachusetts Institute of Technology (MIT) has launched an online learning initiative called MITx which will offer a portfolio of MIT courses through an online interactive learning platform. Enrolments for the initative’s prototype electronics course have begun. The course is being offered free of charge. Students can sign up at the MITx website. The course will officially begin on March 5 and run through June 8, 2012. 

MIT expects that this learning platform will enhance the educational experience of its on-campus students, offering them online tools that supplement and enrich their classroom and laboratory experiences. MIT also expects that MITx will eventually host a virtual community of millions of learners around the world.

MIT: Delivering education through technology

MIT’s online learning initiative is led by MIT Provost L Rafael Reif, and its development will be coupled with an MIT-wide research initiative on online teaching and learning under his leadership.

“Students worldwide are increasingly supplementing their classroom education with a variety of online tools,” Reif says. “Many members of the MIT faculty have been experimenting with integrating online tools into the campus education. We will facilitate those efforts, many of which will lead to novel learning technologies that offer the best possible online educational experience to non-residential learners. Both parts of this new initiative are extremely important to the future of high-quality, affordable, accessible education.”

Anant Agarwal: hosting a virtual community of learners

MIT will make the MITx open learning software available free of cost, so that others — whether other universities or different educational institutions, such as K-12 school systems — can leverage the same software for their online education offerings.

“Creating an open learning infrastructure will enable other communities of developers to contribute to it, thereby making it self-sustaining,” explains Anant Agarwal, an MIT professor of electrical engineering and computer science and director of MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL). “An open infrastructure will facilitate research on learning technologies and also enable learning content to be easily portable to other educational platforms that will develop. In this way the infrastructure will improve continuously as it is used and adapted.” Agarwal is leading the development of the open platform.