SMU's move to diversify is a positive step
THE recent announcement by the Singapore Management University (SMU) to expand beyond being a business-focused institution is a move in the right direction - both for itself as well as for the wider higher-education landscape in Singapore.
The university has said that it plans to set up a school of humanities in the next few years, where undergraduates will be able to study subjects such as history, literature and philosophy. SMU also suggested it will offer a full degree course in applied mathematics and may consider a liberal arts programme and residential college in the future.
These constitute a progressive step for SMU that will take the university beyond the US-styled private business school it originally set out to be. To be sure, it would be unfair to compare SMU with any of these American business schools as a significant part of their reputation and credibility has been built through their post-graduate MBA and executive-level programmes. It is through such programmes too that these business schools have been able to build substantial and affluent alumni networks that have contributed generously to the endowment of the schools. Singapore currently has at least four well established business schools - French institution Insead, the Essec Business School, as well as business schools from the National University of Singapore (NUS) and the Nanyang Technological University (NTU). There are other smaller schools as well. For a relatively small potential student base in Singapore and the region, SMU may find itself in an increasingly crowded and perhaps saturated pool. Its move to expand its scope of offerings may thus also make good strategic sense.
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