More than 20% of U.S. undergraduates are business majors, nearly
double the next most common major, social sciences and history.
The proportion has held relatively steady for the past 30 years, but now faculty members, school administrators and corporate recruiters are questioning the value of a business degree at the undergraduate level.
The biggest complaint: The undergraduate degrees focus too much on the nuts and bolts of finance and accounting and don't develop enough critical thinking and problem-solving skills through long essays, in-class debates and other hallmarks of liberal-arts courses.
Companies say they need flexible thinkers with innovative ideas and a broad knowledge base derived from exposure to multiple disciplines. And while most recruiters don't outright avoid business majors, companies in consulting, technology and even finance say they're looking for candidates with a broader academic background.
Source: The Wall Street Journal
sounds like it is time for more concentration on thinking, deduction, planning, and how to create new goals.
ReplyDeleteThe present finance skills are just part of an overall executive function. I would expect that any changes made to the basic degree would also require an equal upgrade of the MBA and Doctorate levels.
I enjoyed the read, Ken.
Thanks and my regards,
Bill
Just today asked Grandson Matt what he was going to major in, I'm thinking 'Business management', says he.
ReplyDeleteWOW what a coincidence. He will read this.
Thanks
Yes!!! Absolutely!
ReplyDelete