Today's MBA students work with laser-focus – but they're not close-minded. According to a couple of recent reports, students obtaining their Master's in business have been branching out in many ways. Some are taking finance jobs in unexpected fields or places, like the military. Others are expanding their course of study – even incorporating philosophy into their educational programs!
For instance, a recent report by The Wall Street Journal detailed how "the philosophy department is invading the MBA program." The article noted how classes focused around readings by Marx and Kant, among other philosophers, have begun to become a staple in many different business programs at universities across the country. Apparently, these courses are helping to correct a flaw that many employers have been worried about for years: that MBA grads are trained to specific purposes, but do not have the generalized knowledge base and skill set needed to see the "big picture."
The report then detailed "Nobel Thinking," an elective class offered at the London Business School. The class is indicative of the trend toward incorporating philosophy into business classes: by studying economic theories and decision making by Nobel Prize winners, the class aims to give students a better understanding of how ideas inform decisions made in accounting jobs, executive positions and other finance careers.
"It's important to know why we're doing what we're doing," Ingrid Marchal-Gérez, a second-year MBA student enrolled in Nobel Thinking, told The Journal. "You can start to understand what idea can have an impact, and how to communicate an idea."
Kurt Jacobsen, program director and a professor of business history at Copenhagen Business School, explained to the outlet that students appreciate and engage with the history presented in such classes.
"The tension between the two words business [and] philosophy appeals to quite a lot of young students," he told the Journal.