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Business Education in the USA: Evolution, Strategic Disruptors, and Implications

Business Education in the USA: Evolution, Strategic Disruptors, and Implications

Anatoly Zhuplev, Nataly Blas
Copyright: © 2022 |Pages: 33
ISBN13: 9781799875482|ISBN10: 1799875482|ISBN13 Softcover: 9781799875499|EISBN13: 9781799875505
DOI: 10.4018/978-1-7998-7548-2.ch001
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MLA

Zhuplev, Anatoly, and Nataly Blas. "Business Education in the USA: Evolution, Strategic Disruptors, and Implications." Global Trends, Dynamics, and Imperatives for Strategic Development in Business Education in an Age of Disruption, edited by Anatoly Zhuplev and Robert Koepp, IGI Global, 2022, pp. 1-33. https://doi.org/10.4018/978-1-7998-7548-2.ch001

APA

Zhuplev, A. & Blas, N. (2022). Business Education in the USA: Evolution, Strategic Disruptors, and Implications. In A. Zhuplev & R. Koepp (Eds.), Global Trends, Dynamics, and Imperatives for Strategic Development in Business Education in an Age of Disruption (pp. 1-33). IGI Global. https://doi.org/10.4018/978-1-7998-7548-2.ch001

Chicago

Zhuplev, Anatoly, and Nataly Blas. "Business Education in the USA: Evolution, Strategic Disruptors, and Implications." In Global Trends, Dynamics, and Imperatives for Strategic Development in Business Education in an Age of Disruption, edited by Anatoly Zhuplev and Robert Koepp, 1-33. Hershey, PA: IGI Global, 2022. https://doi.org/10.4018/978-1-7998-7548-2.ch001

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Abstract

The chapter explores drivers, dynamics, and developments of business education in American colleges and universities. A contemporary business education in the U.S. is historically rooted in medieval Europe. It has progressed through several developmental stages and four industrial revolutions. Critical drivers affect American universities and colleges, bringing about strategic disruptions, technological and pedagogical innovations, and exerting competitive pressures for change on higher education. They also create opportunities for the development and growth in the post-COVID prospective, which is likely to be different from previous patterns and trends. These factors of impact range from stagnant domestic and falling international student enrollments, high student loan debt burden, and skyrocketing college tuition to the devastating impacts of the COVID pandemic. In examination of implications of the 4IR and emerging socio-economic trends for B-schools, the chapter discusses developmental trends, outlook, and emerging instructional innovations.

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