Business Education in Asia and Australasia: Recent Trends and Future Prospects

Abstract

The globalization of business education is leading to convergence in the traditionally more diverse business curriculum. This can be seen by examining the mission and vision statements of Asia and Australasia's leading business schools, which emphasize the provision of quality learning and scholarship; educating future leaders; and contributing to the growth and transformation of the economies within which they operate. Less commonly mentioned are the personal, ethical, and responsible leadership development of their students. These are emergent themes in Asian and Australasian business schools—just as they are in Europe and North America. Much work remains to embed the role of culture and precognitive decision making in the business school curriculum.

Keywords:

• Business curriculum
• Globalisation
• Culture

Notes

¹See also Australian Government (2012).

²See (http://aom.org, http://www.bam.ac.uk, and http://www.anzam.org).

³See (http://www.africa-aom.org, http://web.bsm.my, http://www.eiasm.org, and http://www.iberoacademy.org).

⁴See (http://www.aacsb.org, http://www.mbaworld.com, and https://www.efmd.org).

⁵See (http://www.topuniversities.com/university-rankings).

⁶See (http://ideas.repec.org).

⁷See (http://www.ssrn.com).

⁸See (http://www.rankings.ft.com).

⁹For example, Monash University's Faculty of Business and Economics states after its mission and vision that it upholds the values of human rights, social justice, and respect for diversity in individuals, communities, and ideas. “While pursuing its mission and vision, the Faculty is committed to: excellence in education, research and everything we do; providing opportunities for staff and students to pursue their individual career aspirations; providing a collegiate environment in which we treat our students, staff and community with respect; responsible and effective global citizenship; local, national and international engagement in its education and research; integrity, transparency and accountability in our internal governance; working collaboratively with all our stakeholders; and upholding the principles for responsible management education.”

¹⁰See Institute of International Education (2012).

¹¹These numbers include secondary school and other tertiary levels in addition to University students.