Augmented and Virtual reality technologies could provide solutions to improving current online collaboration in teaching and learning. In education, VR and AR are already in use in education, such as in History education. However, there are very few applications and studies in business studies education. This paper intends to apply Gibson’s (1978) ecological psychology's concept of affordances including Sensemaking and Orlikowski (1992) Technology frames of reference and explore the extent of experience by experts in VR and AR field can be applied in Business Studies education. Mixed research methods involving interviews and surveys can explore how academics perceive and use VR and AR technologies. Findings from case studies indicate that it enhances collaboration potential using these technologies. The implications discussed in this paper could improve collaboration among academics and students in business studies education.