The Routledge Companion to International Management Education by Tsang Denise;Kazeroony Hamid H.;Ellis Guy;

Author:Tsang, Denise;Kazeroony, Hamid H.;Ellis, Guy;
Language: eng
Format: epub
Publisher: Taylor & Francis Group
Published: 2013-08-15T00:00:00+00:00

Conclusion

Some fundamental trends affecting Russian international management education can be observed based on the historical and recent developments discussed in this chapter. First, globalization and integration into the global system. Leaders in the field of international management education have demonstrated their involvement in the comparability of curricula, programs, standards of training, and student exchanges. Russian universities and business schools will strengthen their competitive advantage through more intensive international exchange of faculty, joint research, and the creation of an open professional labor market.

Second, international management education will help to create a market for professional middle-level managers or “crafters,” technically competent professionals who will work as manager assistants, sales managers, and so on. In other words, the managerial profession in Russia is evolving from “big boss” to “professional in management.”

Third, the replacement of scientific elites. The succession of scientific generations by young professionals, academics, and professors in international management education in Russia are real problems. To find young professionals and leaders who plan to develop by building a research career is not difficult. The most important part of the problem lies in the area of getting them relevant status, a decent salary, and a clear and well-structured system of rights protection at the administration level.

Fourth, future progress of market relations between business and educational institutions will need to be addressed. This process is progressing slowly due to the global crisis and often stops because of low student motivation and ongoing proprietary class formation in Russia. It is important to promote partnerships between enterprises and business schools and to foster corporate social responsibility that looks at the needs of all stakeholders.

Fifth, there will be more intensified competition in the international management education market as the Russian population reduces for demographic reasons, and strengthening of the position of leading foreign institutions in Russia. Recognized accreditation received from independent experts plays a positive role and sets high standards. Because of the narrowness of the international management education market in Russia and working to the high standards, applicants have to pay a high price for a brand name. This could be a problem for talented students without ample means, especially from the poorer regions. A special challenge for young business schools is to achieve international standards according to the assigned accreditation.

Sixth, students demand greater knowledge and skills. In Russian reality, the process goes from undergraduate to graduate and then to MBA, covering all elements of international management education.

Seventh, there has been and is a positive impact from the global economic crisis on international management education. As wrong decisions are expensive during a crisis, the quality of business education must rise to a new level. In the current situation, the cost of a wrong management decision impinges upon business survival. Due to the realities of the fast-changing Russian market, employees can and must allow managers to make their own decisions and be responsible for the results.

The dissection of the Russian educational institution in this chapter can create an impression of despair and hopelessness. From the standpoint of

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.