What Is Business Education All About?

Business education teaches students about the world of commerce. It is a broad discipline that includes courses in accounting, management, international business, marketing, shorthand and typing, and office procedures.

It also involves work-experience programs where students are given time out of school to gain experience in a workplace. Many students also join student organizations like FBLA and Phi Beta Lambda.

Definition

Business education is a field of study that teaches students the skills and processes involved in the business industry. This type of education can be offered at both the secondary and higher levels. This field of study encompasses many different subject areas, including marketing, accounting, and management.

Popham (1975) defines it as “a programme of instruction to prepare individuals for office careers by providing initial, refresher and upgrading education in office skills”. Osuala (1997) explains that business studies are designed to develop the understanding and knowledge required to operate a business at either a small or large scale level.

Several events helped to establish business studies as an area of education, such as the Morrill Act in 1862 which provided land-grant colleges with the opportunity to teach agricultural and mechanical arts, and the introduction of shorthand in schools. Grammar schools began to include courses in book keeping, penmanship and commercial arithmetic to meet the demand for business training.

Goals

Business education aims to teach students to think critically and analytically about the business world. Its goal is to help students develop an understanding of the various aspects of business, including marketing, accounting, human resources management, and finance. It also teaches students how to use business software applications.

While the goals of business education vary, most schools attempt to provide a balance between learning theory and applying skills. It is generally thought that a student who has a deeper, more conceptual understanding of business practice will be able to quickly learn the procedural aspects of business.

Business courses range from advanced business science classes as part of a degree program to basic office procedures and computer training. Many community colleges, universities, and small private businesses offer these courses. In addition, high school students may take business classes through a variety of professional and community organizations, such as Future Business Leaders of America (FBLA) or Business Professionals of America (PBA). FBLA-PBA also sponsors two student organizations, Phi Beta Lambda and Associated Builders and Contractors (ABC). Students who complete these courses are often well prepared for their careers, but it is difficult to gauge how useful this knowledge will be in real life.

Methods

Business education encompasses various methods of learning about and for business. It includes both formal coursework and experiential learning. It can take the form of case projects, presentations and internships. Traditionally, business courses have included accounting, shorthand, typing, basic and advanced business subjects, economics, office procedures, entrepreneurship, and international business.

Some business education programs are management-directed, aiming to develop practical managerial skills and decision-making capability in addition to a thorough knowledge of the functions of the business. Others are subject-specific and more oriented towards theory. In addition, many schools offer school-to-work or co-op programs which combine academics with on the job training.

In a survey of MBA alumni, many reported that the program had taught them to become self-sufficient, to manage themselves and other employees effectively, and to use their creativity to solve problems and identify opportunities. Some also cited the development of lifelong friendships with classmates, and an increased ability to advocate for a point of view or a business idea.

Outcomes

The goal of business education is to help students develop a practical understanding of the world of work. It is designed to help them understand how to make money, set goals and develop an entrepreneurial spirit. The skills and knowledge that students gain from studying business are applicable to any career they choose.

Many school systems have begun to offer business courses at the elementary, middle and high school levels. These classes can range from advanced management science and marketing courses in degree programs to typing and computer courses. These courses are offered at community colleges, universities and small private schools as well as through a variety of other programs.

Students are able to develop critical thinking and software application skills by participating in the Future Business Leaders of America (FBLA) or Business Professionals of America (BPA). The curriculum also includes technology-based classroom activities such as desktop publishing and multimedia. Students can also learn to use the internet as a source of information, how to research a topic and how to write business reports.

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