Urs Peyer, INSEAD
Does technology affect the learning? Sure! Is the time of in-person teaching and learning over: Not any time soon. The route the INSEAD MBA has taken is to mix the best of both formats, combining the power of new technologies with in-class, in-person time. For example, some of our courses use flipped lectures (watch a 10 minute, pre-recorded lecture on your computer at your convenience) covering some fundamentals to enhance the readiness of the class for debate.
Other courses use online modules between lectures to recap and help students assess their learning progress. As professors, the new technologies allow us to be even more impactful during the class time by focusing discussions on value added insights from students, and orchestrating enlightening discussions building on the presence of all students, in all classes, focused on learning. (Each class of 75 students usually represents about 45 nationalities.
The two promotions of 2014 comprise participants from 90 nationalities and no nationality represents more than 10-12%.) Not having your thought process interrupted by emails or phone calls is just one important advantage of the traditional teaching environment.
There is clearly room for online MBAs and online courses. Today many students decide to go for a fully online MBA suggesting that some people learn better that way or can only obtain an MBA that way given time, location, or financial constraints.
However, there are still many people who value the unequaled experience of being with class-mates and the professor in the same room, and also spend time together outside of class to learn from each other, to hone their networking skills and to attend career related events.
About Urs Peyer
Urs Peyer is an Associate Professor of Finance at INSEAD. He holds a PhD in Finance from the Kenan-Flagler Business School, University of North Carolina and a Lic.rer.pol. from the University of Berne, Switzerland.
Urs Peyer’s research interests include, Corporate Governance, Executive Compensation, Empirical Corporate Finance, and Share Repurchases. Recent publications include: “The Best-Performing CEOs in the World” (Harvard Business Review), “Lucky CEOs and Lucky Directors” (Journal of Finance), “The CEOs Pay Slice” (Journal of Financial Economics), and “The Nature and Persistence of Buyback Anomalies” (Review of Financial Studies).