Advancements in global technology and increasing interdependence of the world economies have contributed to the rapid globalization of higher education. The dawn of 21st century, coincided with globalization and international business revolution, has metamorphosed the management education milieu. Management and business education is no longer confined within national borders. Todays business world draws its professional work force from every corner of the globe. And this is how the need for strategic alliance extends its scope in the arena of business and management education.
Strategic alliance with international business schools is an excellent way to gain competitive edge in the globalized business environment. It also helps in developing sustainable competitive advantages materializing from the issues of quality, purpose and responsibility in the new across-borders educational sphere. By developing international strategic alliances, business schools strive to enhance their strategic resources which they know, would not be possible otherwise. Hence, the basic premise of forming international alliances is to create a new collaborative and innovative value of management studies which cannot be achieved independently.
Besides benefiting the business schools, forming international strategic alliances can be highly advantageous for the management students. Diversity in terms of students nationalities, experience and background helps them in gaining international exposure and knowledge. It also improves their foreign language skills which prepares them for exciting careers in international business. Besides classroom interaction, outside social activities and student clubs bring together the students of different views which help them in widening their mental horizons regarding career options. Even after the completion of studies, it leaves them with a supportive network of colleagues that span around the globe.
Forging ties with international business and management institutions also play a vital role in strengthening relationships among governments, economies and businesses across the world. This is the reason why the trend of global management institutions is popularizing day by day. HULT is one such international business school which offers its academic programmes in 5 different countries around the globe. London grad school is one of the leading institutes for higher education these days. Besides UK MBA, it offers various other programmes including London masters multimedia and London career digital marketing. HULT provides a truly globalized approach to all its courses and students undertaking them.
Strategic international alliances for business schools equip students with truly international management skills which is the utmost requirement to excel in the globalized business world today.
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