The Association to Advance Collegiate Schools
of Business (AACSB) recently released a report entitled The Globalization of Management Education: Changing International Structures, Adaptive Strategies, and the Impact on Institutions. In this report, the AACSB’s Globalization of Management Education Task Force stressed the importance of business school graduates to have the global skills and knowledge that the industry expects them to have. “We are at a critical inflection point, and now is the time for all business schools to respond,” said Bob Bruner, dean at the University of Virginia’s Darden Graduate School of Business. “Schools must develop approaches that will positively impact globalization within the business community and broader society.” To prepare for global changes in the business industry, many students may wish to enroll in degree programs that have an international focus. Here are a few institutions that were recently recognized by BusinessWeek as being the best undergraduate business schools.
- University of Notre Dame: The university’s Mendoza College of Business received BusinessWeek’s top ranking for the second year in a row. Half of the undergraduate students who are enrolled at Notre Dame spend at least one semester or summer studying abroad, according to the International Business Times. The news source adds that students are encouraged to expose themselves to different languages and cultures. In addition, undergraduates have the opportunity to participate in university-sponsored and facilitated academic programs in 20 countries, such as Egypt and Haiti, across six continents. “We see the students broadening themselves in unfamiliar environments,” Carolyn Woo, dean of the Mendoza College of Business, told BusinessWeek. “They seek out challenges that come when they are in a different culture.”
- University of Pennsylvania: This institution’s Wharton School offers several international opportunities for students who are looking to gain global experience. For instance, students can choose from more than 20 programs that allow them to study at business schools in countries such as Australia, Argentina and India, states the International Business Times. Another option, the Wharton International Program (WIP), is a 10-day course and trip to business and cultural locations in foreign countries. According to the school’s official website, the purpose of this learning opportunity is to prepare students for careers in a global economy. WIP students attend educational lectures at partner schools abroad and have the opportunity to engage foreign business managers. Available WIP courses for 2011 focus on Ecuador, the Galapagos Islands, London, Milan, Botswana, South Africa. All undergraduates have the ability to apply to the program.
- University of Virginia: Students at the university’s McIntire School of Commerce can take advantage of the school’s partnerships with institutions in a number of countries, including China, England, New Zealand and Singapore, according to the International Business Times. In addition, the news source states that 18 percent of business students choose to add an international component in their junior year. Undergraduates can also partake in short-term courses that send individuals abroad for several weeks during the January and May terms.
- Emory University: Approximately 35 percent of bachelor of business administration students at this university’s Goizueta Business School spend at least one semester learning abroad, according to the International Business Times. Following their first semester, students can spend time at renowned institutions around the world, including England’s Cass Business School and Hong Kong University of Science and Technology, through the partnerships Emory has developed over the years. Students can also gain international business experience while they are pursuing their degree through the Linz Internship Program. Those who take advantage of this opportunity spend six weeks working at the Austrian automotive company Voest Alpine Stahl.