Does it Matter in Business Education? Interviews with Business School Deans

Center For Digital Economy Research Working Paper No. CeDER-06-08

22 Pages Posted: 7 Jul 2006

See all articles by Vasant Dhar

Vasant Dhar

New York University (NYU) - Leonard N. Stern School of Business; New York University (NYU) - Department of Information, Operations, and Management Sciences

Arun Sundararajan

New York University (NYU): Stern School of Business and Center for Data Science

Multiple version iconThere are 2 versions of this paper

Date Written: June 2006

Abstract

How are business schools thinking about developing leaders for the emerging digital economy? To answer this question, we interviewed 45 business school deans about whether knowledge about IT in business should be a part of core MBA education, and if so, how this knowledge should be delivered. A majority of deans recognize the importance of IT in business and the need for its presence in a forward looking core business curriculum that is training managers for an increasingly global and information rich future. There are three themes around which such a presence is described by them: understanding how the transformative and wealth generating potential of IT changes business and society, understanding how to make successful IT investment decisions, and facilitating innovation and creativity in the use of increasingly available data for decision making. However, a significant fraction of these deans struggle with the delivery of IT content in their core curriculum, and there is a clear divergence between the extent to which business school leadership considers IT in business important, and its realized presence in core MBA education. We identify the main reasons that contribute towards this divergence and how some schools are addressing it. Based on our findings, we outline the business importance and intellectual foundations for a natural question around which core education about IT in business can be structured, which asks "How does IT transform business and society?"

Keywords: business education, MBA, information technology, electronic markets, business models, transformation, electronic commerce, ecommerce, Internet, global, globalization, networks, market creation, search, infrastructure

JEL Classification: A00, M1

Suggested Citation

Dhar, Vasant and Sundararajan, Arun, Does it Matter in Business Education? Interviews with Business School Deans (June 2006). Center For Digital Economy Research Working Paper No. CeDER-06-08. Available at SSRN: https://ssrn.com/abstract=912586 or http://dx.doi.org/10.2139/ssrn.912586

Vasant Dhar

New York University (NYU) - Leonard N. Stern School of Business ( email )

44 West 4th Street
Suite 9-160
New York, NY NY 10012
United States

HOME PAGE: http://www.stern.nyu.edu/~vdhar

New York University (NYU) - Department of Information, Operations, and Management Sciences

44 West Fourth Street
New York, NY 10012
United States

Arun Sundararajan (Contact Author)

New York University (NYU): Stern School of Business and Center for Data Science ( email )

44 West 4th Street, KMC 8-90
New York, NY 10012
United States

HOME PAGE: http://digitalarun.ai/

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