Reflective and Dynamic in Style

This chapter dives into the different components that weighted on the author's decision to pursue higher education in the United States. She compares business degrees in the US, Brazil, and Europe, explaining how each one has a different reputation in their own country and abroad. Bringing to the table a perspective of a born and raised Brazilian who was exposed to a diverse environment since an early age, she analyses the critical components included in choosing where to expand her academic career and provides both factual material and personal experience to support her decision of pursuing a business degree in the United States.

A Fit between Logistics and Supply Chain Management Education and Jobs Market Need in Nepal

The purpose of this paper is to explore a fit between Logistics and Supply Chain Management (LSCM) related course content and the industry needs in the Nepalese context. Since this study is undertaken using the Nepalese sample, the knowledge and skills prioritized by employers, it can be of value to educators while designing their LSCM course content. Desk-based research involving content analyses was done to understand the supply side information i.e. relative coverage of LSCM topics in business-related courses and degrees offered at selected five Nepalese Universities and for the demand side information i.e. analysis of job description of the LSCM related vacancies in the Nepalese job market over eighteen weeks. The study reveals that the inclusion of LSCM courses in the business programs at Nepalese Universities is currently negligible as none of them offered a separate program dedicated to LSCM. Besides, the LSCM courses were limited to just one course per program weighing not more than three credit hours. Instead, there seems to be an unprecedented number of business schools and colleges leaning towards more sellable traditional business degrees related to finance, marketing, human resource management, IT, and hospitality. Finally, when comparing the relative coverage of LSCM topics in the curriculum to the relative demand for such knowledge by the employers, there seems to be an over-emphasis or under-emphasis of courses related to LSCM both at the bachelors and masters level indicating a mismatch between the expectations of employers and education offered by the universities.

Comparing Entrepreneurial Spirit in job descriptions seeking business undergraduates and graduates

Employers hiring candidates with a Master of Business Administration (MBA) indicate that the Entrepreneurial Spirit (ES) concepts of teamwork, creativity, innovation and adaptability are important. This replication study examined the ES concepts most often appearing in job descriptions seeking to hire MBA candidates. These concepts were used to compare those ES concepts employers most often seek when hiring undergraduate business degree candidates. The literature review provides a background on the development of MBA programs, ES concepts and entrepreneurship education, how innovation is developed, and the perceived gap regarding the development of ES concepts between employers and MBA graduates. The study follows a quantitative content analysis methodology to compare two external datasets: undergraduate job descriptions and MBA job descriptions. The results show that the most desired ES concepts sought by companies were implementation, collaboration, and innovation. There was not a significant difference in ES concepts by job title category in job descriptions between undergraduate business degrees and job descriptions requiring an MBA. There was a significant difference in the concept of innovation. The findings suggest that the ES concept of innovation is more highly desired by companies seeking people with MBA degrees than by those seeking undergraduate business degree holders.

Benefits of a Liberal Arts Education on Effective Business Communication

With the growing popularity of science, technology, engineering, and mathematics (STEM) degrees, it is important to understand the value of a business degree coupled with a liberal arts education. Business degrees provide one with a multitude of beneficial skills including analytical thinking, problem solving, decision making, critical thinking, and project management. When coupled with a liberal arts education, business degrees become even more powerful providing young professionals with a competitive advantage by creating a more well-rounded individual with a broader education base. In addition to the benefits of a business degree, the liberal arts education provides increased leadership skills, creativity and innovation, adaptability, and both richer native communication and foreign language skills. This chapter focuses on how a liberal arts education provides one with more pronounced, stronger communication skills both written and orally, which directly provides value to businesses.

A Multiple Criteria Decision Making Approach to Designing Teaching Plans in Higher Education Institutions

The involvement of competences in the teaching–learning planning process in Higher Education is essential for their success in the European Higher Education Area. This study presents a participatory multi-criteria model based on Voting Analytic Hierarchy Process (VAHP) analysis, focusing on the attainment of competences that permits consensus between lecturers and students in the design of teaching plans using two assessments: the assessment of competences by students and the lecturers’ assessment of the contribution of teaching strategies to the attainment of each competence. To validate the methodology, a survey was carried out to determine the preferences of 211 students on the competences of a quantitative subject in several business degrees and a survey of 11 lecturers to assess the contribution of the teaching strategies in the acquisition of each competence. The results show that practical lessons and group work should receive more importance in the teaching plans of the subject Financial Management according to the defined competences, the students’ preferences and the criterion of each lecturer for each teaching strategy. The results show the applicability of the participatory methodology proposed to formally agree on the design of teaching plans in higher education organizations between lecturers and students.

Integrating Academic Skills and Employability - Revisiting the Learning Journal

Across the world, universities are more numerous today than at any other time in history, yet at the same time there is unparalleled confusion about their purpose and skepticism about their value. Based on an extensive literature review, a survey of the academic landscape and discussions with academics as well as employers, this reflective piece highlights the importance of academic skills development with regard to students’ success at university, and illustrates the link between academic skills, employability and professional success. The article was prompted by the current discussion around universities’ struggle to provide students with the necessary skills to succeed after graduation. The article argues that the differentiation between academic skills on the one hand and employability skills on the other is no longer relevant or appropriate in the 21st century knowledge economy, and invites universities to enhance their curricula with additional, mandatory skills development modules. It provides an innovative suggestion on how to link academic skills and employability in curriculum development, based on the existing academic literature around the scholarship of teaching and learning, as well as research into employability skills. The importance of academic skills on students’ professional success can never be overstated. The article offers an innovative approach to linking academic skills, employability and professional success. It adds fuel to the discussion around employability from the perspective of industry practitioners. While this paper has been written specifically with undergraduate business degrees in mind, the principles and practices it outlines can also be applied to other academic disciplines.

Specific factors influencing operations management courses taught in English in Spanish business degrees

Purpose: The objective of the present study is to analyze the effects of the transition to English Medium Instruction on lecturers in Spanish universities in one specific area, namely Operations Management courses taught in Business degrees.Design/methodology/approach: we present an overview of research so far into the effects of English Medium Instruction (EMI) on teaching and learning Operations Management in Business degrees of Spanish universities. Empirically, a survey was administered to 20 EMI lecturers in the area of Operations Management, and s the results in the light of both the bibliography on EMI and the empirical results were discussed. Using online questionnaires, information was obtained from a sample of EMI lecturers in thirteen Spanish Universities.Findings: Most professors report that they initially reacted negatively to the idea of having to teach in English, but now realize that most of their fears were ungrounded. They emphasize that it is very important to invest time in training seminars and the exchange of experiences. Other relevant findings are the perceived lack of incentives to teach in English, the need to use tools and techniques to improve the interaction with students, and the considerable amount of time needed for class preparation.Originality/value: The results of this small-scale study of EMI in OM are consistent with previous research in the area of EMI in other fields, but also provide some ideas that may pave the way for further research and development.

Bridging the gaps between higher education and the business world: internships in a faculty of economics and business

PurposeThe purpose of this research paper is to analyse the internship expectations gap amongst the three main internship stakeholders: employers (company supervisors), academic supervisors and students, in an effort to detect the variables which could assist closing the gap between students' perceptions and the labour market employers and then, between the academic supervisors in Higher Education Institutions (HEIs) and the students. This paper analyses firstly, the variables that determine students' perceptions and overall satisfaction with the internships. After, it examines the differences with the employers' expectations of the interns' performance. Finally, this paper analyses the variables that determine the academic supervisors in HEIs grading of the interns with the overall satisfaction about the students' internship performance. This research serves as a guide for the improvement, refinement and expansion of university internship programme design together with internship best practices definition to close the expectation gaps between the HEIs and the Business World.Design/methodology/approachTwo quantitative surveys were designed to measure students' and employers' perceptions of the internships. Additionally, one semi-structured qualitative interview is performed to deepen understanding of each student's perception of the internship. The authors perform a triangular analysis of students' perceptions and employers' (company supervisors) and academic supervisors' expectations. A T-test analyses the differences between cognitive, transversal and social skills developed in an internship as perceived by students and employers (company supervisors). Finally, linear regressions are run both to identify the variables that determine the students' internship overall satisfaction and also detect the variables that determine the final internship grade assigned by the academic supervisor from the university.FindingsThe authors highlight the following interesting findings. While the students feel that the internships are highly useful and perceive that they were fully integrated into the company's culture, they also state that they learn how to develop their transversal skills much more than the cognitive skills learnt in the whole study programme in their degrees. In parallel, employers (company supervisors), for their part, perceive that students have strong social skills and adjust perfectly to the company's culture, but expected the students to have more creativity and cognitive skills. Finally, the academic supervisor's value the students' written skills together with the company's supervisor valuation more than the students' transversal skills. These main expectation gaps detected must be solved to improve internship outcomes and closing the gaps between the Higher Education and Business World. These findings consolidate existing research and add more quantitative results contextualised to Spanish Higher Education Institutions.Research limitations/implicationsThe limitations of this research are that it only embeds a HEIs in Spain and the sample should be enlarged with more universities not only from Spain but also from around the world. Thus, the findings in this research can be used to improve the internship programme in this HEIs and its best practices, however they cannot be extrapolated to other HEIs still. Nevertheless, other HEIs can learn from this experience. Regarding the surveys these can be reviewed and homogenised for the student's perception items to be more aligned with the company supervisor's expectations and the academic supervisor's requirements of an internship. As implications, the authors have divided them into theoretical and practical. From the theoretical point of view, there needs to be more research about internships done in Economics, Law and Business Degrees field. From the practical point of view, the authors highlight several implications. First, HEIs must develop internship programmes further and promote the three stakeholders, employer–academic supervisor–student communication more fluid. This communication flow will maximize and align both employer and academic supervisor expectations about the students' performance in their internships. This way, student perceptions of their internship experience will improve and align further. Second, internships must be promoted in the Economics and Business Degrees as they are a unique opportunity for students to apply cognitive, transversal and social skills acquired in their study programmes, developing themselves as future professionals. Third, there is a growing need for HEIs to strengthen links with different companies, not only to teach students the skills employers' value but also to ensure that graduates are aware of what is happening in the labour market. Finally, through the internships developing further, academic supervisors must open their assessment to the students' professional skills (critical thinking, creativity, capacity to solve short term problems efficiently,) aligning with labour market needs.Originality/valueThis paper is significant because it shows the growing need for universities to strengthen links with a variety of companies (Business World). Internships are becoming compulsory, having assigned a high percentage of European Credits Transfer System (ECTS) credits to students' Grade Point Average (GPA) in Economics, Law and Business. This research work shows HEIs should improve internship design to close the gap between Higher Education's supply of graduates and the business world's demand for adequately prepared professionals. The results in this paper can help the academic actors start improving the internship design and best practices definition.

Mathematical Background as a Success Factor in Economics and Business Degrees

Pre-university policy can determine the success (or failure) of university studies. Using different econometric techniques, this work carries out an exploratory study to assess the relationship between the mathematics skills developed at upper secondary school and performance and retention in university studies in the Economic-Business area. Our findings point out the recommended secondary education track to access the Economics, Business and Marketing Degrees is not the most suitable to achieve success in these studies. A set of specific proposals of Educational Policy is shown.