International stakeholders

Abstract

A main reason for the globalization of business education is the internationalization of stakeholders. Marshall McLuhan’s global village has its global school house.¹⁰⁶ As people move more freely and frequently between countries, they require education that is both portable and flexible. Imagine, for example, that you are half way through a three-year part-time Masters program and your company decides to transfer you to a different country. You would not be very happy if you had to start your degree all over again. You would expect your educational provider to find a way to allow you to complete your studies. Similarly, if you were on a full-time MBA program but had to go back to work, you would hope that you could switch tracks to a part-time program. These are just two of the issues that business schools have had to address in recent years. The overall effect is a much more flexible approach to degree programs and learning methods.