Higher education, both in its construction and mode of delivery, is under scrutiny in the media and has the general populace asking, “Is it still worth it?” It’s a valid question and one that needs answering.
As businesses identify and adapt to shifts in the marketplace, business schools must do the same to continue to be a worthwhile investment for their students. It’s a question I believe we can answer, but also one that will require a re-thinking of our industry.
Tom Sadowksi of the Economic Alliance of Greater Baltimore points out in this month’s Sellinger feature story that the Baltimore-Washington, D.C., metropolitan area has undergone a transformation into one of the top markets in the country for the technology sector. He notes how the area’s highly-educated workforce has contributed to this growth. Today’s graduates are expected to arrive in organizations with enhanced technology skills. It is a given that students should be able to use all of the technologies that businesses are using, but companies are also looking to business schools to graduate students who will lead business into the use of some new technologies. Business curricula will need to be "work ready;" when students leave the classroom, they can immediately take their new skills back to work.
The Sellinger School addresses the needs of the business community and focuses on building careers for our graduate students. The successful business schools will be the ones that look to create partnerships with other schools and institutions worldwide. We are approaching a time when businesses will send entire communities of employees to business school instead of sending one employee at a time. Loyola University Maryland and the Sellinger School of Business and Management will continue to focus on offering specialized, customized programs, both degree and non-degree education, for our regional industries. Contact me at firstname.lastname@example.org if you would like the Sellinger School to develop a customized program for your firm.