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OPINION | The Importance Of Liberal Arts In Business Education Can't Be Denied

Business needs to be human and social in addition to being economic and sustainable, writes professor of creative writing Saikat Majumdar

OPINION | The Importance Of Liberal Arts In Business Education Can't Be Denied
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What is the relation between liberal education and getting trained for a professional career? By definition, they are very different things. In fact, they are usually defined in opposition to each other. A ­programme of liberal study is a foundational engagement with a subject for the sake of advancing knowledge, without any specific job, vocation or career in mind. A professional programme is training for a specific kind of career. To be liberal, in the curricular sense of the term, is to be open to all possibilities, and not directed at just one; to be professional is not so much to study subjects for their own sake, but to do so with the structured goal tied to a specific kind of career.

The difference is not so much one of content, but of approach. Similar subjects can be a liberal or a professional subject, depending on how they are curricularised and/or taught: biology is a ­liberal art, but medicine is not; political science is a liberal art, but law is not; economics is a liberal art, while accountancy is not. The 바카라art바카라 of the ­바카라liberal arts바카라 is, of course, an anachronism바카라it freezes the historical memory of a time when all subjects were considered arts, including those now considered part of the sciences, such as mathematics. Nearly any disciplinary field, the critic Louis Menand, points out, can be turned into liberal or non-liberal depending on its association with adjacent practical skills. English ­departments can become writing or publishing programmes; pure or abstract mathematics can merge into applied mathematics or engineering; sociology holds the promise of social work just the way biology holds the roots of medicine; political science and social theory offers the foundations of law and public administration.

The difference between the two goes all the way back to the 18th century German philosopher, Immanuel Kant, who laid out the idea beh­ind what would eventually become the modern Western university. In his treatise, The Conflict of the Faculties, Kant delegates theology, law and medicine (intended, respectively, to train clergymen, lawyers and physicians)바카라to the 바카라higher ­faculty바카라. The 바카라lower faculty바카라 was intended to ­inc­lude all the disciplines, which in the modern university fall under the arts and the sciences.

Kant called members of the higher faculty 바카라businessmen or technicians of learning바카라바카라­people who would shape public administrative ­policy, possessing what he described as 바카라legal ­influence on the public바카라. What is intriguing, as scholar Mark Taylor points out, is that ­contrary to the implication of the terms 바카라higher바카라 and 바카라lower바카라, Kant clearly saw greater independence and autonomy in the lower faculty. The higher faculty trains students for the key institutions of public life, but accordingly, they are ­subject to state control and censorship. It is the lower faculty that is free to pursue knowledge for its own sake, and remains free of government ­interference and calculations made on the basis of vested interests from outside.

Scholar and educator Wilhelm von Humboldt, a close follower of Kant, implemented this principle at the University of Berlin, which was founded in 1810. Humboldt바카라s implementation of the Kantian model would become the basis of the modern ­university, which would subsequently turn into a self-governing structure that seeks to combine ­research, training and professional training in a variety of ways. The campus layouts of large US universities tell the story: departments of liberal arts and sciences바카라literature, physics, history, ­philosophy, mathematics, economics바카라at the ­centre바카라and large professional schools바카라business, medicine, law, engineering, education바카라far outside, often in separate campuses altogether.

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Law and medicine continue to be major professional programmes, but the programme for the training of clergy is no longer a part of the modern, secular university. The 20th century has seen the appearance of a new professional programme of study바카라the Master of Business Administration. As a postgraduate degree, the MBA can follow an undergraduate degree in ­liberal studies, though in the most preferred combination for Indian corporate employers, the MBA is preceded by an undergraduate ­degree in another professional field, engineering. The magic pairing has usually been a BTech degree from an IIT, followed by an MBA from a top management institute such as an IIM.

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As evident in Menand바카라s formulation above, all professional programmes have close relationsh­ips with corresponding liberal programmes, busin­ess training more than most. In a 2014 article in Forbes, Steve Denning recalls Peter Drucker바카라s ­vision that the crucial job of the future corporation will be to balance its three dimensions: as an economic organisation, as a human organisation and as a social organisation. We are already deep into the future Drucker had envisioned in the 20th century, and education for business adm­inistra­tion has now turned out to be a deeply complex ­affair, with a range of dimensions that touch on the various foundational arts and sciences.

A striking example of this holistic conception of the liberal and the professional in business education is the Integrated Prog­ramme of Management (IPM) at IIM-Indore. The idea behind the five-year ­programme, including a three-year liberal study programme and a two-year MBA, is to build ­professional training on a foundation of ­multidimensional breadth where the humanities and the social sciences occupy a key place. It promises a 21st-century articulation of a Peter Drucker-like vision of management studies that enriches from a multidimensional humanistic consciousness. As Rishikesha Krishnan, professor of corporate strategy at IIM-Bangalore and ­former director of IIM-Indore, points out, 바카라The core바카라Economics, Statistics, Psychology plus other humanities and social sciences바카라provides an excellent foundation for management.바카라

The IPM students, Krishnan feels, bring a different perspective to the MBA ­programme and create a necessary ­diversity. Students from the IPM ­programme have been among the top MBA students every year. 바카라We like to think,바카라 he says 바카라that the IPM alumni will be trailblazers. Only time will tell whether this is true!바카라

Management academics across the nation are increasingly in agreement about the importance of the liberal arts in business education. Mukesh Sud, associate professor of business policy at IIM-Ahmedabad, foregrounds this significance in relation to a related subfield that is now increasingly important in the age of start-ups and venture capital: entrepreneurship. He is keen to remind us that entrepreneurship is as close to the fundamental arts and the sciences as to business training. 바카라Ideally,바카라 he says, 바카라a centre of entrepreneurship should be equidistant from business, liberal arts and engineering. Housing it in a business school sends a signal that you just need ­business skills to be an entrepreneur.바카라

Higher education experts, too, consider the liberal arts essential to the business school for the sake of sustainable and ethical development. Mousumi Mukherjee, associate professor and deputy director of the International Institute for Higher Education Research and Capacity Building at OP Jindal Global University, argues that 바카라integration of liberal arts in the business school is very important, particularly in this age of sustainable development, when 바카라business as usual바카라 will further lead this planet towards ­destruction.바카라 It is just as Drucker had envisioned바카라business needs to be human and social in addition to being economic바카라and now, more than ever, sustainable. 바카라Only liberal arts,바카라 Mukherjee says, 바카라can teach the current 바카라business leaders in the making바카라 that they need to be mindful of the welfare of both the people and the planet to do any kind of business in the future.바카라

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Saikat Majumdar, Professor of English & Creative Writing at Ashoka University and author of several books, including College: Pathways of Possibility, 2018

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