The Japanese business world today is faced with a rapidly changing environment.
China, India, and other BRIC nations are gaining ground in an ever more globalizing economy. Within Japan, rising unemployment and the increase in non-regular workers are becoming serious problems, as more and more companies go bankrupt because of persistent deflation over the last ten years. Moreover, we can no longer delay resolving various critical issues, such as an aging population with few children and a growing budget deficit. It goes without saying that companies are affected by all of these circumstances.
We at the Graduate School of Business Administration are examining how companies are coping in this fast-paced world. We are not only looking into huge global corporations nor small and medium sized companies that support regional economies.
We sometimes also consider governments and non-profit organizations, like schools or hospitals. The fields of study offered are very diverse and include the state, strategy, financial analysis, and management history of such companies and non-profit organizations; and cover macroeconomics, accounting principles, and information networks as well. Graduate students will select a theme from these areas and conduct research under the guidance of an appropriate professor. But it will not be a one-sided affair where the teacher just dictates what to do. The idea is to have both the student and professor expand their knowledge as they conduct the research together. Our approach is to always work collaboratively with the students.
Our institution certainly does not seek to only educate future university professors or researchers. Japanese companies should take a positive view of the changing business climate and work proactively to seize new opportunities, rather than simply react out of necessity. Around the world, companies with a long history have all consistently managed to adapt to the changing times through the combined efforts of their managers and employees. We believe it is our mission to train future business leaders who are highly motivated and possess that flexible outlook to meet the challenges ahead. We also would like to encourage more people to become professionals with special practical skills, such as tax accountants, who will play pivotal roles in society.
We are looking very much forward to having many of you enroll in our program, whether you are fresh graduates, exchange students, or adult workers. The two years of study at our graduate school will definitely not be easy. But you will no doubt enjoy an unparalleled sense of accomplishment when you complete your master's thesis, and feel that all those hours totally absorbed in research for this brief period in your life would have been worth the sacrifice. And you would actually be making a small academic contribution. You will certainly discover one day that your life has been rewarding thanks to two years of hard work.
Dean of the Graduate School of Business Administration