Management Education in the 21st Century

I believe that management education is capable of and is beginning to shift towards a more practical and applicable style of education. From my experience at McGill up until now, what I have seen is courses being taught directly out of the textbooks. In fact for the majority of the my management courses I have simply read the course syllabus to know what material I need to read and then studied from that without attending classes, and it has done me just fine. I envision a class where you leave the textbook behind and that class becomes more of a business atmosphere where you feel like you are learning but at the same time working at a job. I find that co-op training, which is offered at some universities, is very useful because you get a balance of theoretical and practical learning. My ideal course, would value case studies very highly while it would not include exams because they have no usefulness in real business practices.