Most of the big business consulting firms have written about the metaverse as a business tool. The metaverse isn’t likely to be a short-lived technology trend because of how much interest there is in it and how many different ways it can be used. This way of connecting online and building a community will stay around for business.
Culture and society changed because of COVID-19, which had an effect on education, the economy, and the workplace. Since 2020, there have been more programs that start online. Some schools no longer offer the traditional MBA. Business education won’t stop getting better after this. Leaders of both traditional programs and new ones like the Invited MBA are embracing the metaverse.
Here are three reasons why more MBAs will move to the metaverse and why you should, too.
Social learning is most effective
Learning on your own is less effective. Effective pedagogy favors structures that help students talk to each other and come up with new ideas together.
Social media like message boards and forums, which are not real-time, can help people learn. This only talks about some social things. Social experience is lost without visual and spatial cues. Zoom and other web conferencing tools help with this in some ways, but they aren’t enough. The metaverse encourages users to make friends on their own.
Zoom fatigue. When you’re looking at a grid of faces, constant videoconferencing can be tiring. Both instructors and students hate having to sit in front of a webcam and wait to be called on. Focus on casual social connections as a way to improve engagement. As educational programs take advantage of the social potential of metaverse environments, traditional lectures may become obsolete.
Self-directed learning is better than being told what to learn
Most of us have been dropped into breakout rooms, sent through cyberspace, or forced to watch a lecturer who might as well have been a video. Students have little to no reason to stay interested in learning that only goes one way. Learner is “taught.” One-way methods won’t work in business education.
Students must add to discussions and help each other learn. Socratic questioning and other ways to help can be useful, but people often get tired. Learners must be able to take part and figure out what they like.
Successful programs for learning also stress independence. Metaverse brings space into the mix. By giving programs like Invited MBA a two-dimensional “space,” learners gain control and interest. During lessons, participants can choose who they work with, how they network, and where they fit into the social structure of their cohort.
When people have freedom, they can talk to each other outside of class time. By using the metaverse and making virtual campuses like the Invited MBA, teachers can help students learn and meet new people in unexpected ways. Investing in the metaverse can lead to social, emotional, and creative “happy accidents” even in cities around the world.
In-person and online meetings are less flexible and less efficient than the metaverse.
Even though brick-and-mortar schools aren’t likely to go away soon, the idea that the only good way to learn is in person is becoming less popular. This is good for schools and students because it makes online education cheaper (and take). This is also true for metaversal offerings, but with the other benefits listed.
Some metaverse spaces are more flexible than traditional face-to-face and online learning, which is a good thing. This gives students and institutions the freedom to respond quickly and creatively to changes in the economy.
A virtual MBA program can change its space in real time in the metaverse. Students can have their own virtual space with the Invited MBA. Students make virtual study rooms, share with their peers, and connect when it’s convenient for them. This sense of ownership wouldn’t last on a traditional campus or in a virtual program that only used web conferencing.
If people who teach business want to stay relevant, they need to talk about the metaverse. Some people will look at the metaverse as an example of how technology is growing, while others will use it.