Executive Education: Economic slowdown to impact management education and training sector positively, says U21 Global

Leading online management education provider U21 Global believes that more working executives will get attracted to education and training in these troubled times.

Responding to MBAUniverse.com query on impact of slowdown, Mr. Shrikant Sinha - Director - West & South India, U21Global, said, Evidence from previous recessions shows us that business schools and universities tend to benefit as people undertake courses to improve their marketability and expand their options. While it is still a little too early to tell, we think individuals will seek options to arm themselves against job uncertainties. We expect our student base to continue growing to meet the global demand.

How can executives benefit from the current slowdown? U21Global says that this is one of crucial times for professionals to upgrade themselves and set themselves apart. Says Sinha, MBA is a general management degree; students learn how to apply knowledge to real situations. The idea is that when the economy picks-up again, a MBA graduate will be in a prime position to catch the first wave of recruitment as the economy recovers. Skills such as leadership, strategic management and finance are universal and relevant to any profit organisation across any industry.

When asked which executive management programmes are in greater demand in recent months, U21 says that apart from the MBA & the MMIT degree awarding program, there is huge demand for customised Finance for non Finance professional program in the Corporates. Short term competence building program on Project Management Methods, Supply Chain Management, Operations Management are also in demand presently.

U21 is also getting ready to launch by the first week of December a Certificate of Global Business Leadership, a program focused on providing leadership inputs on being successful during these tough times.

U21Global is an online Graduate School backed by an international network of leading universities from around the globe. Established in 2001, it is affiliated to universities like Fudan University (China), Korea University, Lund University (Sweden), National University of Singapore, Shanghai Jiao Tong University (China), Tecnolgico de Monterrey (Mexico), University College Dublin (Ireland), University of Birmingham (UK), University of Delhi (India), and several others.