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The Future of Knowledge Corporate

This is a theoretical paper attempted at meta-synthesis of many researches done globally as well as in Pakistan exploring the impact of globalization upon the higher education, particularly at the business and management schools in private universities of Pakistan. The universities are transformed into knowledge industry following the market model of education but it has been observed that this transition is not so smooth for the academia, who themselves have been trained by the service model and it raises certain moral and professional complications. Higher education does not impact only on personal lives of individuals but it shapes the destiny of the society as well. To acquire balance between demands set by globalization and the responsibilities fostered by tradition would be an art and the debate gradually unfolds how it can be achieved.