BUSINESS IN EDUCATION

WHAT IS BUSINESS ?

Definition An organization or economic system where goods and services are

exchanged for one another or for money.

IMPORTANT POINTS: . Every business requires some form of investment and enough 

customers to whom its output can be sold on a consistent basis in order to make a profit

EXAMPLE OF BUSINESS

One way to think of business is as a board game. You can play the game as it exists, or you can try to change the game, either by changing the rules, changing the

objective, changing who you're playing against, or by

choosing to play an entirely different game.

BUSINESS

WHAT IS EDUCATION?

Education is the process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits

EXAMPLES: . Educational methods include storytelling, discussion, teaching, training, and

directed research

EDUCATION

TYPER OF BUSINESS

There are different types of business

BUT

The best one is

“BUSINESS IN

EDUCATION”

BUSINESS EDUCATION

Definition of business education. : education designed for use in business:

a : training in subjects (such as business administration, finance) useful in developing general business knowledge

b : training in subjects (such as accounting, shorthand) useful in developing commercially useful skills.

BUSINESS EDUCATION

Business education involves teaching students :

the fundamentals, theories, and processes of business. Education in this field occurs at several levels,

including secondary education and  higher education or university education

What is the Important of education in the fields of business? Every small business owner can benefit from a business education

but not everyone needs one. If you have highly developed business skills honed through years of

experience in your field, pursuing a business degree will not be as important for you as it

would be for a complete novice.However, even experienced business people have gaps in their

understanding, so taking a few classes to shore up your skills in a particular area is

always a good idea.

Importance of Business Education: The business education program builds a strong foundation for those

who wish to move on to business areas.  Business education programs provide rich opportunities for relevant,

real world learning experiences. Business education is one of the most crucial factors that help to

achieve the following goals:

Gaining the knowledge of business concepts through the study of different business subjects.

To achieve business, financial, economical and digital literacy. To develop technological skills, this helps in the overall productivity of

the organization.

IMPORTANCE OF BUSINESS IN EDUCATION

• Considerations• Communication• Sales• Finances• Specializations

There are different steps for

the importanc

e of business

in education

Considerations

Business education can be an expensive investment.

EXAMPLE: In the U.S., the average annual tuition for full-time enrollment in a

Masters of Business Administration program at a top school was $46,839 in 2009, according to “The Economist.”

Communication

Communication skills are vital for success in any business. A business education develops your ability to tailor your messages to

different types of audiences . For example: courses in marketing help you create effective campaigns that target

specific consumers.

Sales

Sales skills are a specialized subset of communications. Many techniques help you increase your success rate, and a business education helps you develop effective sales methods

that suit your field of business. EXAMPLE:  generating prospective leads through consumer research improves

your chances of making a sale, 

Finances

Sound financial management ensures your company uses its resources wisely.

A business education teaches you how to handle your company’s accounting needs,

comply with government regulations and find ways to make your organization as cost-effective as possible.

Specializations

Depending on your needs, you might benefit from a narrow concentration on a specialized topic,

such as business ethics, international business, entrepreneurship, management science or real estate.

Contact local business colleges to determine your options, and ask what benefits a particular degree program or class might have for you and running your small business.

EXAMPLE OF BUSINESS EDUCATION

University Education: The essential and the basic level of education should be made free

for all as it plays one of the most important roles in life of every human

being in establishing and polishing his intellectuality and personality. It is the root, base and a building block in child’s development. SECONDARY EDUCATION: It is for general public It is in government as well as private school

EXAMPLE OF BUSINESS EDUCATION

HIGHER EDUCATION: education at universities or similar educational establishments, especially to

degree level. However, they can be studied at specialist colleges, for example art and music, and some further education colleges. 

ADVANTAGES OF BUSINESS EDUCATION Having an education opens employment opportunities that otherwise

would not be Available to you, sometime even in areas that are not of your field of study

Benefits of having a solid business education: Attaining an education in business will give you all of the essential skills:  accounting, ethics, finance, management, organisation and human

development etc.  many universities require their business students to perform internships,

so students have ready-to-use experience to bring to future employers.  They learn usable skills and put them to the test upon immediate entry to

the workforce.

ADVANTAGES OF BUSINESS EDUCATION Job prospects for business graduates: Business majors seem to hold the best job prospects. They can take their pick from a variety of possible career paths, beginning with business training programs in major companies. They all have a great range of employment opportunities in common.

ADVANTAGES OF BUSINESS EDUCATION Pay and security for business degree holders: The typical business major can expect to enjoy a higher than average

salary package. Entry-level programs that train and prepare recent graduates often

look to business majors to fill their ranks. As the business graduate climbs further up the ladder, they can

expect to see their compensation grow exponentially.

ADVANTAGES OF BUSINESS EDUCATION Networking with other businesses & industry peers: It is an important lesson early on for business majors to utilize any

connections they have made in their industry. Programs that have a business focus can offer tips in resume

building, searching for positions, and best practices when interviewing

DISADVANTAGES OF BUSINESS EDUCATION If you are not Attaining an education in business and you not have

solid skills of business education then different universities are not require their such students for internships.

so students have not ready-to-use experience and not to bring for future employers.

They are not able to hold the best job prospects They have a average salary pacage . And not enjoy a higher salary package.