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Business in the United States has experienced seismic shifts in the last decade, and business schools are no exception. These developments have been fueled by technology, the global financial crisis, cultural shifts, and the introduction of Gen Y into the business world.

Traditional MBAs, which have usually focused on accounting and finance, have a hard time producing the type of business leaders companies are currently looking for. Specifically, companies want ethical problem solvers with strong digital and entrepreneurial skills, who are team players and work well in diverse environments. Yet, a 2008 study of top business schools found that curricula lacked valued “thematic elements” such as soft skills, information technology, globalization and corporate and social responsibility.

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