The International Finance Corporation's MBA Survey : How Developing Country Firms Rate Local Business School Training
Graduate education in business administration was developed in the U.S. around the turn of the twentieth century. MBA and similar graduate-level business programs took hold more slowly in other countries, but the number of such programs expanded mo...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2003/12/5278701/international-finance-corporations-mba-survey-developing-country-firms-rate-local-business-school-training http://hdl.handle.net/10986/17429 |
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okr-10986-174292021-04-23T14:03:37Z The International Finance Corporation's MBA Survey : How Developing Country Firms Rate Local Business School Training Chaudhry, Azam ABILITY ATTENTION BUSINESS EDUCATION BUSINESS SCHOOLS BUSINESS STUDENTS CAREER COMMUNICATION SKILLS COMMUNICATION/ COMPUTER SKILLS CURRICULA CURRICULUM DEGREES GRADUATE DEGREES GRADUATE EDUCATION INTELLIGENCE LANGUAGE SKILLS LATIN AMERICAN LEARNING LITERACY PERCEPTION PROGRAMMING PROGRAMS SCHOOLS SOUTH ASIAN TEACHING TECHNICAL TRAINING UNIVERSITIES WORK EXPERIENCE Graduate education in business administration was developed in the U.S. around the turn of the twentieth century. MBA and similar graduate-level business programs took hold more slowly in other countries, but the number of such programs expanded more rapidly from the 1960s onward. In an effort to determine what firms from these countries require from business school graduates, the IFC used its extensive contacts with these firms to conduct a survey of the quality of business education in these countries. The survey results imply that the strengths and weaknesses of developing and transition country MBAs seem to overlap with those of MBAs from the U.S.: managers in the U.S. and in the developing countries find that the technical and analytical skills of MBAs are well developed while the practical training/skills and communication/language skills of MBAs are significantly lacking. On the whole, only the African and Middle Eastern firms were significantly dissatisfied with the quality of local MBA graduates. The survey results show that MBAs worldwide are not fully satisfying the needs of firms. Each of the other regions of the world has its own particular weaknesses, while at the same time some common weaknesses (such as work experience and communication skills) stand out. These results show that a cookie-cutter approach to training MBAs cannot work. Rather, MBA programs have to be tailored to suit the needs of the local business community while also teaching common business fundamentals. 2014-03-27T20:02:38Z 2014-03-27T20:02:38Z 2003-12 http://documents.worldbank.org/curated/en/2003/12/5278701/international-finance-corporations-mba-survey-developing-country-firms-rate-local-business-school-training http://hdl.handle.net/10986/17429 English en_US Policy Research Working Paper;No. 3182 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ABILITY ATTENTION BUSINESS EDUCATION BUSINESS SCHOOLS BUSINESS STUDENTS CAREER COMMUNICATION SKILLS COMMUNICATION/ COMPUTER SKILLS CURRICULA CURRICULUM DEGREES GRADUATE DEGREES GRADUATE EDUCATION INTELLIGENCE LANGUAGE SKILLS LATIN AMERICAN LEARNING LITERACY PERCEPTION PROGRAMMING PROGRAMS SCHOOLS SOUTH ASIAN TEACHING TECHNICAL TRAINING UNIVERSITIES WORK EXPERIENCE |
| spellingShingle |
ABILITY ATTENTION BUSINESS EDUCATION BUSINESS SCHOOLS BUSINESS STUDENTS CAREER COMMUNICATION SKILLS COMMUNICATION/ COMPUTER SKILLS CURRICULA CURRICULUM DEGREES GRADUATE DEGREES GRADUATE EDUCATION INTELLIGENCE LANGUAGE SKILLS LATIN AMERICAN LEARNING LITERACY PERCEPTION PROGRAMMING PROGRAMS SCHOOLS SOUTH ASIAN TEACHING TECHNICAL TRAINING UNIVERSITIES WORK EXPERIENCE Chaudhry, Azam The International Finance Corporation's MBA Survey : How Developing Country Firms Rate Local Business School Training |
| relation |
Policy Research Working Paper;No. 3182 |
| description |
Graduate education in business
administration was developed in the U.S. around the turn of
the twentieth century. MBA and similar graduate-level
business programs took hold more slowly in other countries,
but the number of such programs expanded more rapidly from
the 1960s onward. In an effort to determine what firms from
these countries require from business school graduates, the
IFC used its extensive contacts with these firms to conduct
a survey of the quality of business education in these
countries. The survey results imply that the strengths and
weaknesses of developing and transition country MBAs seem to
overlap with those of MBAs from the U.S.: managers in the
U.S. and in the developing countries find that the technical
and analytical skills of MBAs are well developed while the
practical training/skills and communication/language skills
of MBAs are significantly lacking. On the whole, only the
African and Middle Eastern firms were significantly
dissatisfied with the quality of local MBA graduates. The
survey results show that MBAs worldwide are not fully
satisfying the needs of firms. Each of the other regions of
the world has its own particular weaknesses, while at the
same time some common weaknesses (such as work experience
and communication skills) stand out. These results show that
a cookie-cutter approach to training MBAs cannot work.
Rather, MBA programs have to be tailored to suit the needs
of the local business community while also teaching common
business fundamentals. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Chaudhry, Azam |
| author_facet |
Chaudhry, Azam |
| author_sort |
Chaudhry, Azam |
| title |
The International Finance Corporation's MBA Survey : How Developing Country Firms Rate Local Business School Training |
| title_short |
The International Finance Corporation's MBA Survey : How Developing Country Firms Rate Local Business School Training |
| title_full |
The International Finance Corporation's MBA Survey : How Developing Country Firms Rate Local Business School Training |
| title_fullStr |
The International Finance Corporation's MBA Survey : How Developing Country Firms Rate Local Business School Training |
| title_full_unstemmed |
The International Finance Corporation's MBA Survey : How Developing Country Firms Rate Local Business School Training |
| title_sort |
international finance corporation's mba survey : how developing country firms rate local business school training |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2003/12/5278701/international-finance-corporations-mba-survey-developing-country-firms-rate-local-business-school-training http://hdl.handle.net/10986/17429 |
| _version_ |
1764437020082438144 |