A Trend in Business Education
Abstract
For business education, we identify a trend which could be summarized by two words: programming and data. For academic jobs in finance, marketing, accounting and economics, the keywords of R, Python, data analytics and big data started to pop up in the job advertisements in 2017. To our best knowledge, this is the first year when so many business schools looking for candidates with such a qualification. One reason is that since 2007 business schools have launched over 50 business analytics programs, Priestley (2017). There is no doubt in our minds that in the foreseeable future, all business schools would teach their students one programming language and train them on how to process and analyze data. Compared with research schools, teaching schools would benefit greatly from this trend for two reasons. First, many computational tools, such as R and Python, are free. Second, a huge amount of public data is available. Keyword: Financial education, trend, programming, R, Python and big data