ChatGPT Passes MBA Exam: Is the Future of Business School Here?

The world of education is buzzing: a new virtual chatbot, ChatGPT, passed a core MBA exam at the University of Pennsylvania’s Wharton School! This groundbreaking feat raises questions about the future of artificial intelligence in business education and beyond. It turns out OpenAI’s ChatGPT program is capable of passing an MBA exambut just barely.

The exam, typically taken by students in the Master of Business program, covered a range of core business concepts. What's even more remarkable is that Professor Christian Terwiesch from the Wharton School of the University of Pennsylvania thinks so. After Terwiesch proctored a final exam from a Master of Business program, he concluded that the generative artificial intelligence demonstrates a significant understanding of fundamental business principles.

Christian Terwiesch, a professor at the University of Pennsylvania’s Wharton, rigorously assessed ChatGPT's performance. His findings suggest that while ChatGPT isn't ready to replace MBAs just yet, its ability to process and apply complex business knowledge is undeniably impressive.

This isn't just about passing a test; it's about the implications for how we learn, teach, and utilize AI in the business world. Will ChatGPT revolutionize business education? Only time will tell, but one thing is certain: the future of business is rapidly evolving.