Business education is alive, well, and more relevant than ever
Understanding the role business plays within society, and the responsibility business has towards it, is something business schools are well aware of
Ismail Lagardien, the former executive dean of business and economic sciences at Nelson Mandela University, recently penned an article in Business Day (Business education in desperate decline, May 22 2018) in which he contends, among other claims, that business management and administration education is in "desperate decline". With the rise of online learning, a deeper understanding of the role business must play in society, the continued support from the business community, and the deep value placed on the knowledge and skills acquired through quality institutions, I would contend that the state of business education has never been stronger. Opening his argument against the backdrop of a 2014 address at the University of Cape Town, during which a technological glitch appears to have overshadowed his presentation, Lagardien then outlines an address that drew on the 1890 work of Alfred Marshall and Cambridge University’s Tony Lawson, who contend that modern economics is in such bad s...
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