Business education involves teaching students about the basics, theories, and business processes. Education in this field takes place at several levels, including secondary education and higher education or university education. Approximately 38% of students enroll in one or more business courses during their high school years.
Video Business education
Intermediate education
Business is taught as a middle-level academic subject in many countries, including Australia, Canada, Hong Kong, India, Ireland, Lesotho, Nepal, New Zealand, Pakistan, Nigeria, South Africa, Sri Lanka, Zimbabwe, Argentina, Sweden, Tanzania, Malaysia and English. At the pre-tertiary level, it is often called the Business Studies , and typically incorporates elements of accounting, finance, marketing, organizational studies, human resource management and economics.
Maps Business education
Undergraduate education
At the university level, students have the opportunity to take a bachelor's degree, usually a bachelor's degree, in business and management. The special curriculum and degree awarding procedures differ by program and by region. In general, the program will consist of preparation for management and general business, or more detailed - more academically - focus on a particular area. Regardless, all will usually include basic options like Accounting, Marketing, Finance, and Operations Management.
Management-led programs are designed to provide a broad knowledge of the company's functional areas, and their interconnections, as well as to develop students' practical, managerial skills, communication skills and business decision-making abilities. These programs then combine training and practical experience, in the form of case projects, presentations, internships, industry visits, and interaction with industry experts.
Subject-specific courses, on the other hand, focus on a particular area, and are often more stressed on the theory. Even in these cases, however, in addition to their majors, students are exposed to general business principles, taking initial courses in accounting/finance, human resources, statistics, marketing, economics, and information systems.
At the graduate school level, students seek a variety of master's degrees, either in general management-very common MBA-or in specific areas, such as marketing or finance. The next difference is that students pursuing a postgraduate degree often have business experience, although this is not necessarily a program requirement.
In accordance with both, a bachelor's degree in business and management generally consists of two kinds.
On the one hand, programs such as Master of Science (M.Sc) or Arts (MA) or Commerce (M.Com) in General Management (sometimes also called Master of Management, or MIM) usually require no professional experience. (Often M.Sc in Management is for graduates with the first academic degree in social sciences, while the MA in Management is for other backgrounds.The Master of Engineering Management, MEM, is aimed at graduates with engineering background.)
On the other hand, the Master of Business Administration (MBA) requires a minimum of two to three years of professional experience and is open to graduates from any field. Related differences: M.Sc in Management is more specialized than MBA, and is more suitable for academic research, while MBA is more industry-focused and management.
Regarding the degree structure, postgraduate business programs are generally designed in such a way that students get the same theoretical and practice exposure; The mix, though, will be different from the level and school, as discussed. Learning later through lectures, case studies, and often team projects ("syndicates" work). This theory is covered in classroom settings by academic faculty. Particularly in the MBA, the theory is then reinforced, and reviewed, also in the classroom, through case methods, placing students in decision-making roles, "complete with incomplete obstacles and information found in real business problems." Practical learning often consists from consulting projects with real clients, or at least handling actual cases, and often in teams. Practical elements (as well as case studies) can involve external practitioners, and sometimes executives, supporting the teaching of the academic faculty. One challenge for business academics is to show that their curriculum is relevant to those who want to become managers.
The degrees offered here include:
- Master of Accounting/Master of Professional Accounting (M.Acc, M.Acy/MPA or M.P.Acc), focusing on accounting as a profession
- The Master of Bioscience Enterprise (M.Bio.Ent), focusing on commercialization of biotechnology
- Master in Business Administration (MBA), master's degree in Business Administration
- Master in Business and Management (MBM), focuses on generalist managerial and leadership skills; often aimed at students who start their careers
- Master in Business Education (MBE), focuses on teaching business teacher education
- Master in Business Engineering (MBE), focuses on corporate design and management
- Master in Business (M.Bus) and Master of Commerce (M.Com or M.Comm), focusing on specific business or economics; often weighted theory
- Master in Computer Information Systems (MCIS), a professional degree that focuses on business technology solutions
- Master in Economics (M.Econ/M.Ec), oriented towards theory; but often available as a more practical "applied" degree
- Master in Engineering Management (MEM), is aimed at graduates with an engineering background
- The Company's Master (M.Ent), multi-disciplinary; entrepreneurship combined with specific disciplines
- Master of Science in Finance/Master of Applied Finance (M.Fin); training in financial management and corporate finance, as well as more specific financial and risk management modeling
- Master in Health Administration (MHA)
- Master in International Business (MIB), focus on International Business
- Master in Management (MM), focuses on leadership coupled with interconnected management issues
- Master in Management: Cooperatives and Credit Unions, postgraduate degrees for cooperative managers and credit unions
- Master in Marketing Research (MMR) a postgraduate degree focusing on research in marketing
- Master of Nonprofit Organizations (MNO or MNPO), postgraduate degrees for philanthropy and voluntary sector professionals
- Master in Project Management (MSPM or MPM)
- Master of Public Administration (MPA)
- Master of Real Estate (M.Sc.RE)
- Master of Science in Business Administration (MSBA), advanced training in specific business administration areas
- Master of Science in Business Administration in Computer Information Systems (MSBA-CIS), advanced training in business technology
- The Master of Science in Management (MSM), focused management, targeting new graduates
- Master of Professional Science (PSM), interdisciplinary; advanced training in science or math, with professional skills necessary for commercial context.
- The Green MBA, often offered as "Master in Sustainable Business" (MSB)
Doctor
At the doctoral level, all the degrees offered are the focus of research, although they differ in their relative weight on theory versus practice. Typically, DBA, DPA, DHA and D.Mgt emphasize joint research managerial practices; related, the thesis for this degree will often focus on applied research. The other doctors here are (exclusive) theory and research based. The entrance is usually on the basis of a relevant master's degree, and for a weighted practice degree, relevant managerial experience. For the applicable topic areas for the thesis component see: List of doctoral studies areas in the United States #Business Management/Administration Services. The degrees offered here include:
- Doctorate Business Administration (DBA)
- Doctor of Commerce (D.Com)
- Doctor of Health Administration (D.H.A.)
- Doctor of Management (D.M., D.Mgt)
- Public Administration Doctor (DPA)
- PhD in Management (Ph.D)
- Ph.D/M.B.A (double degree)
- Program Partners in Management (FPM)
- Engineering Doctorate (EngD), a professional Doctor involving a management thesis and teaching MBA program in the UK
See also
- Business game
- Business school
- Entrepreneurship education
- Executive education
- GMAT
- Training simulation
References
External links
- Ã, John Hubert Cornyn (1920). "Educational, Commercial". Encyclopedia Americana .
Source of the article : Wikipedia
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