Management and executive education is big business, with approximately $50 billion spent per year on leadership development alone. In 2003 a survey the Financial Times found leading European companies to be spending on average £3,336 per participant per year on executive education; 42% of respondents had a corporate university, with a further 12% looking to establish one over the next couple of
... [Show full abstract] years, and of the topics offered, leadership, followed by general management, were the most common. Within UK Higher Education, the number of business schools has increased from two in the mid-1960s to more than 100 in the mid-1990s and in the years between 1996-97 and 2004-05 the number of students of Business and Administrative studies rose by 35% (from 222,321 to 299,310) with the greatest rate of change for post-graduate students (up by 60%). (Richard Bolden, 2007).IT indicates the increasing significance of leadership in the 21 century. In the following study we try to find out the current trend in the contemporary leadership across the globe.