If you ask most people what goes on in business schools, they would probably assume that a bunch of pointy heads tell other pointy heads how to read spreadsheets. Push a bit further and you might get some stories about foreign students, shiny buildings and courses that teach people how to be bastards and make lots of money. The financial crisis has often enough been blamed on business schools too for the ways that they spread the gospel of selfishness. But an odd thing is happening beneath the glass atrium – the academics are rebelling.
All around the world, the business school is now the fastest growing part of higher education. In many countries, particularly the UK, its expanding revenues are compensating for a decline in state funding and ensuring that the history department stays open.