The main focus of the third decade of the twenty-first century has been the debate surrounding students’ use of ChatGPT for academic purposes. The most recent debate began when the start-up OpenAI revealed ChatGPT algorithms in November 2022 (which stands for “Generalized Pretrained Transformer” algorithms). Artificial intelligence (AI) is used by ChatGPT to generate outlines and academic writings in answer to prompts. Many academics fear that ChatGPT may undermine the core purpose of higher education because of its amazing potential. There is concern that it will eradicate pupils’ mental endeavors, ultimately leading to the death of creativity and a lot of plagiarism. Through interviews, this study attempts to learn what MBA students think about using ChatGPT and the manner in which it should be used to overcome its ill effects. It also looks for ways that teachers might use AI tools to enhance the learning experience. Additionally, the study makes use of secondary materials. This report is significant since many prestigious colleges are prohibiting students from using AI in their submissions, and businesses are turning to using different AI gadgets to streamline their work processes and save down on labor. Additionally, it is anticipated that the study will provide light on how teachers might best apply recent advances in AI to enhance the learning process.