Linking AI To Management Education: How MBA Courses Can Integrate AI Concepts

President Droupadi Murmu recently made a case for linking artificial intelligence (AI) to management education.?

Speaking about AI, Murmu had said that many people are worried about job loss due to this technological innovation.?

"One who knows AI and uses it properly should not have any fear of losing his job due to AI," Murmu said, while presenting the 'Lakshmipat Singhania-IIM Lucknow National Leadership Awards' on Thursday.?

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What is the case for incorporating AI in Management education??

Artificial Intelligence (AI) is increasingly becoming a significant part of management education, transforming how students learn and preparing them for the challenges of the digital age.?

AI cannot be ignored any longer, especially since the future of work depends on human-AI interaction.?

In fact, several corporations are either building their own AI systems or customising the systems developed by others, as pointed out by?Dr Vidya Mahambare, Professor of Economics and Director of Research at Great Lakes Institute of Management, Chennai.

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How AI can be integrated into management education?

Management schools should introduce AI courses to their curriculum to ensure that MBA students are familiar with AI concepts, technologies, and their applications in various business scenarios.?

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A Hindu BusinessLine report emphasises the following aspects of AI that should be incorporated into management education curriculum:?

Management education should have a 'prompt engineering' course, which focuses on asking and refining questions for the AI systems to get the desired output and detect AI-system errors.?

Management curriculum needs to polish students' critical thinking skills. While AI provides valuable insights and data, what humans make of it will make AI useful to us. So, higher educational institutions should ensure that their curriculum develops students' critical thinking and problem-solving abilities.?

Emotional Intelligence is another aspect that should be incorporated into management education curriculum. Emotional Intelligence, which can help us manage our and others' emotions, can complement AI by providing empathy and understanding customers or clients - to fill in the gap of AI systems in understanding emotions.?

Ethical considerations regarding usage of AI should be a part of management education. Managers must know how to deal with data privacy, consent, and security conflicts.? ? ? ??

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