Management Education in Dire Dawa Administration Challenges and Strategies for Effective Implementation

Abstract

The knowledge economy has brought to the forefront the importance of human capital. Changing business landscape has resulted in a major shift from manufacturing to service economy. Globalization has caused business schools to look at international business, focus on producing graduates with global mindsets and to develop links with schools overseas. The challenges facing newly emerging companies and industries in under-developed economies - like that of Ethiopia - require a whole lot of endeavors to set foot as competitive entities in the age of globalization. This implies that emerging companies and industries in nations like Ethiopia need to have managers who have knowledge and skills of managing business the right way but also leaders capable of devising mechanisms that ensure their companies establish as competitive entities and thrive under existing and future challenges. Hence, this research article focuses on the need for management education and the various issues and challenges being faced by the business schools and colleges in Ethiopia. The services offered by some of the leading universities and management institutes in Dire Dawa Administration are also discussed in this article. Further, appropriate strategies are suggested for the effective implementation of MBA curriculum.

Keywords: Curriculum, Employability, Globalization, Human Capital, Industry-Institute-Interface, Knowledge Economy, Teaching-Learning

DOI: 10.7176/FSQM/118-01

Publication date:August 31^st 2022