The MBA remains the gold standard for advancement in the business world; it is one of the most storied and coveted degrees that a person in business can earn. The history of the MBA goes back to 1881 when the first business course was offered in the United States. The discipline of business studies has come a long way since the Wharton School of the University of Pennsylvania offered the first business courses in the U. S. all those years ago.
Since the inception of the MBA over one-hundred years ago, the workplace environment, demographics of workers, advances in social technology, and the increasingly globalized nature of business in general have impacted the way we learn and work. The rise of social and multi-media technology has seen quality online learning transform from a synchronous, and many times one-way, to an asynchronous and interactive learning environment. With over 285 Million mobile devices (91% of Americans have them) in use by the American public, the possibilities offered by this media to educate the new knowledge worker are too important to ignore.
To meet the growing needs of the continuously evolving and technological business workplace, the Tech MBA Online program was launched in August 2010. The program includes: an international residency, professional development seminars, networking events and opportunities, a program-specific advisor, a technology specialist, and a communication coach. One of the primary goals of the Tech MBA Online program is to properly prepare a worker for the new workplace. The Tech MBA Online program is AACSB accredited (only 15% of business schools world-wide hold this level of accreditation) and utilizes the same research/teaching faculty as the on-campus Tech MBA program.
Here’s the Data
- 67% of American Workers have been engaged in virtual teams
- 91% agree that virtual work saves time and money
- 16% of workforce is hyper-connected and will increase to 40% in the next few years
There has been a significant increase in the use of virtual work teams to leverage technology, reduce travel costs, and make work teams more efficient. We live in a culture of increased connectivity where mobile devices continue to change the way we work, live, and learn. The way we consume content is changing as well: Apple has sold over 450K iPads and Amazon has sold over 3 Million Kindles.
Reasons for Re-Wiring the MBA
- Knowledge-Balanced Economy – Transactional jobs will be outsourced and tactical jobs that require workers with more tech-savvy skills will be left in the United States.
- Empowered Workplace – Workers are using technology to get their jobs done and there is an increase in online learning in the workplace that is easily accessible for a tech savvy worker.
- Work/life balance – The online program allows you to continue working full-time and balance your work responsibilities. Most people don’t have the ability to leave a job in the current work environment.
What are you doing to re-wire yourself for the changing workplace?