Interim Dean Santanu Chatterjee of the University of Georgia’s Terry College of Business told faculty and employers that generative AI is forcing a rethink of assessment and academic honesty, saying the core question now is what a grade signals when students can access sophisticated tools. Chatterjee emphasized curriculum redesign, cross‑degree AI integration and clearer policies on evaluation. The dean described conversations with industry visitors — including a head of data science who questioned the signal value of top grades — and said Terry will focus on preparing students to demonstrate unique, non‑automatable skills in interviews. He framed AI as a curricular opportunity rather than an existential threat but flagged academic integrity and assessment design as immediate priorities. Business schools nationwide face similar dilemmas: integrating AI literacy, recalibrating exams and ensuring credential value for employers. The Terry approach—aligning curricular change with employer expectations and explicit academic‑honesty rules—offers a model for peer institutions navigating the same pressures.