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Upheaval in the global market for management education and implications for CEE business schools

Ulrich Hommel ()
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Ulrich Hommel: EFMD — European Foundation for Management Development, Quality Services Department, Brussels, Belgium

Society and Economy, 2009, vol. 31, issue 2, 235-252

Abstract: The forces of globalization are creating fundamental upheaval in the market for management education. As a consequence, international relevance has generally become a prerequisite for a business school’s ability to maintain a leading market position domestically. This article examines how business schools of the CEE region are coping with the pressures to widen the geographical scope of their activities in the face of tight resource constraints and still unresolved governance issues. While most business schools around the globe are struggling with similar issues, they manifest themselves in unique ways within the CEE region. Their resolution may ultimately enable regional business schools to lead the intellectual response to the fall-out of the still ongoing financial crisis.

Keywords: business schools; higher education; globalization; governance; faculty management; Central & Eastern Europe (CEE) (search for similar items in EconPapers)
JEL-codes: I20 I23 I29 L33 (search for similar items in EconPapers)
Date: 2009
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