July 25, 2006

IT back on the MBA agenda

By Della Bradshaw

Published: July 23 2006 17:27 | Last updated: July 23 2006 17:27

When the dotcom bubble burst in 2000 it was not just budding entrepreneurs and investors who had their fingers burnt. Business school professors who had pinned their hopes on teaching e-commerce and information technology courses also felt the pain. These days, though, it would seem that IT is increasingly creeping back on to the agenda in US business schools.

A recent survey by two professors at the Stern School of Business at New York University revealed that 43 out of 45 US business school deans interviewed believed that it was critical for executives of the future to have a clear understanding of how IT affected business and society.

Nearly half the deans interviewed believed IT was central to accelerating globalisation and was a significant contributor to wealth creation, according to Vasant Dhar, professor of information systems, and Arun Sundararajan, assistant professor, the authors of the report.

Some 27 per cent of those questioned believed that investment in IT was critical to the success of organisations and that successful managers needed to be able to make those decisions, while more than one-quarter also believed that being a successful executive depended on the creative use of electronic data

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