The global market for AI in education will reach $25.7 billion in 2030, up from just $1.1 billion in 2019.
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Business education is not business as usual anymore. The external factors impacting it have multiplied significantly in the past two years and will lead to its complete transformation.
To support you navigate this fast-changing landscape and ease your transformation journey, we published a trend report with the key trends that will impact business education.
We predict ten trends, split into three categories:
Read a sneak peek into our 38-page report then download it in full.
Business education programs will suffer extensive changes in terms of content and format. It´s not only the intricacies of doing business that must be taught but digital abilities, tech awareness and soft skills. Additionally, knowledge about wider societal issues such as climate emergency, diversity, inclusion or inequality, is crucial.
Curricula need to be adapted to educate agile business talents, to fit the lifelong learning requirements of working adults or the digitalized experience demands of digital natives.
The one-size-fits-all education model will become obsolete and open the way to short courses, non-degree programs, certifications or microlearning, delivered in virtual or hybrid format.
In the years to come, all eyes will be on AI. It´s not a surprise considering its benefits to the business education sector.
Artificial intelligence (AI) is the ability of a machine to display human-like capabilities such as reasoning, learning, planning and creativity. It´s already used in business education, and examples include software for translation, plagiarism checks, text correction tools, voice-recording transcripts, etc. But its potential is vast.
AI now enables hassle-free administration by automating tedious tasks and simplifying processes. It ensures stellar customer service via chatbots at all stages in a learner´s journey, from the moment they enter your website to the moment they finish a program and beyond.
The global market for AI in education will reach $25.7 billion in 2030, up from just $1.1 billion in 2019.
The AI in Education Market Research Report, 2020
Improving diversity and inclusion efforts will continue to impact organizations. As we become more (and rightfully so) preoccupied with tackling inequality and exclusion, creating an environment where all learners are welcome is mandatory.
Ensure that the learners in your institution or organization come from diverse socioeconomic backgrounds, are of different ages, have varied (dis)abilities, are at different career levels, and enjoy equal chances.
A focus on diversity & inclusion will help tackle pressing societal matters and make learning a much richer experience. Diverse and inclusive cohorts will create an in invaluable melting pot of insights and perspectives, supporting creativity and innovation.
+36% in profitability for the topmost ethnical and culturally diverse organizations in comparison with the top bottom ones
McKinsey, 2020
These are just three of the ten trends the will impact business education across all organizations and institutions in the future. Don´t miss out on the all the trends to stay ahead of the curve and download our full report now.