Showing the way for tomorrow’s leaders: how Hong Kong’s MBA programmes are nurturing talent that will change the business landscape
Universities are incorporating AI, ESG and soft skills into their curriculum to better prepare students for complex modern business environments
Those who commit the time and money to pursue an MBA likely have lofty career ambitions, whether it is to be an entrepreneur, to change industries or to progress to leadership roles. Reputable MBA degrees are designed with the aim of nurturing a new generation of talented and thoughtful individuals who will bring positive change to the business landscape. As such, universities regularly adapt their courses to stay relevant and to give graduates the skills and knowledge to thrive.
Technology – especially AI and cryptocurrency – and environmental, social and governance (ESG) considerations are some of the latest areas that Hong Kong universities have incorporated into programmes to equip MBA graduates with suitable skills.
Leaders of tomorrow will need to manage teams and processes in which AI will play a significant role. “We continually enhance our curriculum to reflect the latest industry trends and help our MBA students stand out in today’s dynamic business environment,” says Professor Stephen Shih, associate dean of MBA programmes at Hong Kong University of Science and Technology (HKUST). “Three areas that we continue to innovate in are preparing students for the future of technology, the increasingly complex geopolitical landscape, and being a capable leader in today’s environment.”
HKUST focuses on innovation and product management in one of its courses. “As technology reshapes industries, this course focuses on understanding AI and its applications in product development,” Shih says.
He explains that the MBA programme in cryptocurrency, blockchain and their business applications delves into the transformative potential of these technologies, providing insights into their business implications.
The MBA programme is for people preparing to be senior leaders, Shih emphasises. “If you are an IT specialist, you just need to know tech. If you are the director of IT, you need to know how to collaborate with your marketing director and finance team to develop plans that align with your company’s strategy.”
The City University of Hong Kong (CityU) has incorporated more ESG courses in its MBA curriculum.
“ESG is a framework that evaluates a company’s sustainability and its ability to manage its environmental and social impacts,” explains Professor Michael C.S. Wong, associate dean and global EMBA director, College of Business at CityU. “ESG considers non-financial factors that can affect a company’s long-term success, such as its governance practices, social impact and environmental sustainability.”