This paper aims to discuss the university transformation during the Covid-19 outbreak. We review the literature pertaining to transformation of higher education. We also provide a case study of a Taiwan university to discuss how the university takes actions to cope with the threat of Covid-19 pandemic. We expect to share a new perspective on how higher education transformation would work and describe what the future business school shall prepare for next generation learning. Lastly, we propose the post Covid-19 strategies of higher education.