AI in Management Education: Need of the Hour

Dr Sumesh Raizada

doi:https://doi.org/10.69711/sharda.ijmir.v12i1.2310

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AI in Management Education: Need of the Hour

Sumesh Raizada

https://doi.org/10.69711/sharda.ijmir.v12i1.2310

Published Online: August 10, 2023

Author Details ( * ) denotes Corresponding author

1. * Sumesh Raizada, Professor, Department of Management, Sharda University, Greater Noida, Uttar Pradesh, India (sumesh.raizada@sharda.ac.in)

In the last two decades, management education has transformed significantly due to new technologies. Industry 4.0 technologies, including AI, robotics, IoT, cloud computing, and data analytics, have revolutionized personal and professional lives, necessitating managers to integrate technology with traditional management concepts. Education 4.0, driven by AI and machine learning through Edtech firms, gained momentum during the COVID-19 pandemic, emphasizing self-paced online learning. AI enhances management education by automating tasks, personalizing learning, and improving administrative efficiency. However, ethical concerns and dependency on AI tools present challenges. Despite these, AI's analytical and predictive capabilities offer substantial opportunities for advancing management education.

Keywords

Industry 4.0, Education 4.0, Artificial Intelligence (AI), Management Education