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The term ‘industrial revolution’ is used to refer to the transformation of the social and technological economic systems in industry, focusing in particular on changes in living conditions, circumstances of work, and economic wealth. To educate future executives to transform the coming technological disruptions of industrial revolution 4.0 into an avenue for world economic development and prosperity, Master of Business Administration program leaders must begin to consider the issue of online technologies in education. Industrial revolution 4.0 is a global trend that will result in new ways of creating value, and novel business models will involve increased collaboration between several different partners in international networks of value creation. Industrial revolution 4.0 cannot be separated from the business school as it mentors its students to tackle with real-world challenges. Business schools are incredible platforms for change in training business leaders to play a direct role in creating economic and social opportunities throughout their regions.

Business schools must consider a range of megatrends affecting business environment, with foremost that of the human demographics, innovation, sustainable development, and technology driving the Fourth Industrial Revolution. The capacity of business schools to change within industrial revolution 4.0 will govern their survival; in order to preserve their competitive edge, business schools must prove proficient in embracing a realm of disruptive revolution and either expose their structures to new levels of efficiency and transparency or face growing discontent. In identifying opportunities into a new model for the Master of Business Administration curriculum, it is important to business educators to seize upon existing megatrends evolving regional economies in new directions. The processes by which business schools may reimagine their curriculum to address these global sustainability challenges have emerged as recommendations for research in scholarly literature, yet few published works have tackled these issues in one package.

Future developments within industrial revolution 4.0 over the next decade entail a high level of complexity and uncertainty, particularly in relation to global economics of scale that indirectly have an impact on business schools. Business schools of public universities will need to find other fund-raising avenues to ensure sustainability. Private universities will be afforded far more latitude and freedom to compete, using business models that will not necessarily include a focus on research. International business schools are offering internships and some even guarantee employment with relevant organizations as part of the program. Business schools are required to establish partnerships with businesses so that they can be placed and possibly employed. The uncertainty around the language of sustainability, its misappropriation by self-serving factions, and the emergence of the relational and generative economy make taking decisive business decisions toward positive change for sustainable wellbeing difficult.