Artificial Intelligence is becoming a regular part of business education. According to GMAC’s 2024 report, 78% of graduate programmes have introduced AI into their learning plans. Common areas of focus include examining its role in ethics (44%), improving decision-making (43%), and practical applications through case studies and simulations (42%).
Different regions approach AI adoption differently. Canadian schools lean toward ethics, Asian programmes prioritise decision-making tools, and European schools focus more on strategy. Online courses, in comparison, are slower to adapt, with 1/3 yet to bring AI into their materials.
Many schools rely on individual instructors to guide lessons around AI. Some are introducing electives, workshops, and guest lectures to bring students closer to the realities of AI’s impact in the different industries.
How Is AI Used In Admissions Processes?
AI plays a much smaller part in admissions compared to its use in the classroom. GMAC’s research shows that 63% of schools lack formal rules for using AI during the application process. Among the rest, only 5% encourage its use, 8% prohibit it, and others decide on a case-by-case basis.
Regional differences in how AI is treated during admissions are clear. Asian schools are more likely to support its use, while European schools tend to limit it. Lower-ranked institutions often have stricter restrictions, possibly to uphold more consistent applicant standards.
Some schools see AI as a useful tool, while others remain wary of the risks involved in its use during such an important part of the application process.
How Important Is AI To Students And Employers?
AI is more and more so becoming popularly used by students. GMAC’s survey found that 40% of prospective candidates value AI as a core part of business education. Many believe that knowledge of AI tools and their applications will improve their career options, especially in industries relying more on advanced technologies.
Employers, on the other hand, currently value other skills more. GMAC’s Corporate Recruiters Survey indicates that while AI expertise is not yet a priority, its relevance is expected to grow within five years. Many schools are turning to non-degree programmes such as short-term certifications due to the demand growing for everyday users to earn qualifications and skills.
What New Trends Does AI Bring To Business Schools?
AI is creating opportunities for schools to attract more students and expand their offerings. Many institutions are using AI to introduce electives, create targeted workshops, and offer hands-on learning experiences. These steps are designed to make programmes more appealing while helping students build relevant skills.
Personalised learning is another area where AI is being tested. Some schools are using the technology to create tailored educational experiences, giving students greater control over how they study and progress through their courses.
AI is also preparing students for workplaces where these tools are becoming standard. Graduates with experience in AI are better equipped to succeed in industries undergoing technological changes.
How Does AI Adoption Differ In Different Areas?
The use of AI in education varies globally. Canadian, European, and Asian-Pacific schools lead in incorporating AI into their curricula, often ahead of US institutions. Non-degree courses, such as short certifications, are more common in Canada and Europe, reflecting an interest in flexible learning options.
Attitudes toward AI in admissions also differ. Asian schools are more supportive of its use, while European schools remain cautious. These differences show how cultural and regulatory factors influence decisions about adopting new technologies.
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2024-12-09 13:00:23