Companies hire thousands of business-school graduates every year only to spend months catching them up in the specific demands and skills of the job.
For students who enroll in the customized accounting or business-administration programs, the draw is often a guaranteed job upon graduation and, in many cases, fully covered tuition. The degrees themselves are equivalent to traditional masters in accounting or masters of business administration. EY, one of the top employers of M.B.A. graduates each year, partnered with the Hult International Business School in 2020for employees already part of its workforce. Executives at the firm said EY elected to craft its own program after observing that some of its new M.B.A. hires weren’t coming in with crucial technology and data-science skills. EY said the program will graduate its first eight people this week and expects more than 100 graduates in 2021.
“We are not in the business of conferring degrees, but we saw a need for certain skills,” said James Powell, a KPMG national partner in charge of university talent acquisition. “We look at attracting the best talent. The first thing we can do is help the universities.”Will the coronavirus pandemic lead to long-term changes in higher education? To better understand the challenges facing U.S.
Brilliant! My curriculum feedback if anyone is listening...critical thinking, writing, ethics and conflict resolution.
As a retired accounting professor, I say “about time”. Many (most?) accounting professors have no practice experience or understanding of accounting practice. Paid inflated salaries to do useless research. Firms would do a better job.