Page 77 - EducationWorld Feb 2021 Low

SPECIAL ESSAY

How management education will be a

game-changer in the post-pandemic future

hough the world is slowly but surely management perspectives and innovative
recovering from the pandemic, pedagogies at the intersection of business,
it is clear that we are not merely finance and technology—a cutting-edge
Treturning to a state of normalcy, but breeding ground for future-ready management
reimagining the road ahead. A fundamental professionals. Adding to the general three-
transformation is underway, from the way we year Bachelor of Business Administration
live, learn, work and play, to the very building (BBA) Honours programme, JGBS now offers
blocks of our economies and societies. three unique new BBA specialisations: Family
Businesses across the globe have been Business, Business Analytics, and Financial
disrupted by the crisis, with some being Markets. Interestingly, these are very relevant
forced into closing the shutters, others taking domains that will play important roles in
massive blows to production or productivity, paving the way, post-pandemic. Professor Arjya B. Majumdar
and yet others pivoting strategies to stay Family-owned businesses already hold
afloat. Amidst the economic blowout, the a significant place in the Indian economy. students with strong quantitative skills who
ongoing situation has also presented Students who have an entrepreneurial are interested in understanding fast-evolving
unexpected opportunities. Many start-ups, mindset and a clear vision of following in financial markets and their role in the business
SMEs and businesses have been wildly their family ventures can bring something world.
successful. In fact, start-ups powered by new to the table with the Family Business In the backdrop of the pandemic, the three
technology are being hailed as the harbingers specialisation. It grooms students new programmes are designed to place
of economic recovery. The pandemic has to be equipped for the challenges in students at the forefront of businesses of the
sparked trends that are here to stay. It has professionalisation and transformation of future. Students learn about the basics of
underlined what is important as we move family businesses. Savvy with contemporary accounting, finance, economics, quantitative
towards an unpredictable future. global business practices, they can fill techniques along with other basic foundation
Globally, management professionals are the gaps in existing business models and courses including history, governance,
playing vital roles as world economies look make valuable contributions to their family society, economy, and climate. They are
to rebuild. Innovation, dynamism, creativity, businesses, taking them to new heights. exposed to core business, financial markets,
agility, strategic thinking, holistic problem- Similarly, the Business Analytics pathway problem-solving, and data-handling tools and
solving, and data literacy are coming front and seeks to plug the gap for talent that can techniques. Students can choose from a range
centre. While these have always been the transform the way businesses function across of courses designed for each specialisation.
ideal among management/business students industries. Data analytics helps organisations They will also take up tailored experiential
make better decisions, respond quickly,
and professionals, the thrust of the recent prevent downtime, mitigate risk, and improve learning projects, have access to dedicated
times has accelerated the need for more mentorship, and have a chance to pursue
robust management education that will drive overall performance. When data is rapidly study abroad options at leading business
businesses to success. The opportunity to becoming the most valuable asset, this is schools at Singapore Management University;
an opportune time to consider futures in
The Wharton School of the University of
build and rebuild businesses in the post- business analytics. The programme will impart
pandemic era is a fascinating challenge for the necessary skills, exposure to the latest Pennsylvania; University of California, Los
young students who aspire to enter the world analytics tools and techniques, coupled with Angeles; Deakin University, Australia; and
Pace University, New York.
of business. a strong business acumen, that will uniquely
The multidisciplinary learning environment
Shaping businesses to be resilient in the position students to explore careers as at JGU offers an inherent advantage to
wake of crises calls upon a new generation analysts, consultants, researchers, and so on. undergraduate management students. They
of business leaders equipped with a dynamic It is ideal for students who enjoy numbers and can choose electives from different schools
skillset and multifaceted outlook, who are are interested in technology; those who want depending on their interests and career goals.
capable of thinking ahead, mitigating and to build future-proof careers in a wide range of Students of JGBS have interned with industry
managing such uncertainty. industries impacted by data. powerhouses such as Deloitte, PWC, and
This is where a contemporary business The Financial Markets pathways taps HDFC Bank, and start-ups like WeWork.
school comes into the picture. The Jindal into a trillion-dollar industry that forms the They work on projects in professional teams,
Global Business School (JGBS) is built on backbone of any economy. It brings insights handle responsibilities, remain accountable,
the foundation of transformative management into equity market, debt market, fixed income and gain exposure to working in the business
education that integrates impactful multi- market, derivatives market, money market, world. Focused on evolving industry trends
disciplinary learning with a strong focus on and other financial institutions. Students will and demands, JGBS equips students with the
research, industry partnerships and global gain in-depth knowledge of various products knowledge, skills and tools that are poised
collaborations. At JGU, we believe in nurturing and services, and learn the tools to analyse to set the benchmark among future business
students to adapt to dynamic roles and financial data for decision making. They will leaders.
challenging environments instead of preparing also be able to understand and participate
them for categorical jobs. in policy debates related to innovation in Professor Arjya B. Majumdar
As a result of this institutional ethos, products and services offered by these Dean, Admissions & Outreach
learning at JGBS draws from global markets and institutions. It is best suited for O.P. Jindal Global University

EDUCATIONWORLD FEBRUARY 2021