Page 28 - Global Focus, Issue 2, 2018

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A new book looks at some of the key findings from a study of
the evolution of management education in Latin America and
highlights current issues facing the region. By Gabriela Alvarado,
Howard Thomas, Lynne Thomas and Alexander Wilson

Latin America:

Management

education’s growth

and future pathways

he book Latin America: Management working age (25-54 years), the usual age profile of
TEducation’s Growth and Future Pathways the target market for graduate programmes and
[Emerald, UK] follows a past, present and future executive education. At the same time, economic
perspective on the growth of management and political change has opened-up the economies
education in the region. In this article for Global of many countries in the region.
Focus we highlight some of the key findings from In March 2013, Bloomberg Markets magazine
our study of its evolution and look at current published a ranking of the most promising
issues facing the continent. emerging markets that rated five Latin American
countries (Brazil, Mexico, Colombia, Chile and Peru)
Our study zooms in on these issues via a series among the top 20 emerging markets in the world. 77%
of face-to-face interviews with rectors, deans and
influential educators from leading business schools Indeed, there is both the demographic profile,
in Latin America. Our respondents were drawn from political and economic context and appetite Our study respondents were
drawn from leading business
leading, largely university-based, business schools, for management education. schools, which covers 77%
which covers 77% of EQUIS-accredited schools, This research covers the 20 countries that of EQUIS-accredited schools,
82% of AACSB-accredited and 55% of schools make-up the region. Each offers different 82% of AACSB-accredited and
55% of schools accredited
accredited by AMBA in the region. demographic characteristics, levels of technological by AMBA in the region
This book continues the authors’ efforts to build development, regulatory frameworks, economic
a global perspective on management education growth and degrees of openness, which have
and follows on from our studies in Asia, North impacted and influenced how management
education has developed and the growth
America, Europe and Africa. opportunities that have occurred. With a vibrant 28
Latin America provides a rapidly changing
context for providers of management education. mix of culture, history, and economic liberalisation,
For example, the population of Latin America has Latin America presents a range of opportunities The population of Latin
America has median age
median age of 28 – a rather young population and challenges for management education. of 28, compared with many
compared with many developed countries such developed countries such as
as Germany and Japan whose populations have How has Latin American management Germany and Japan whose
populations have a median
a median age of 47 years. education evolved over the last 10 years? age of 47 years
Compared with other parts of the world, the As part of the research interview, respondents
region has a high proportion of people within prime were asked about the most important events in
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