Business education is a course designed to impart the student’s fundamental knowledge and skills, which will enable the smooth management and operation of a business.
The Plymouths’ hiring of a school teacher is what is known as the foreshadowing of the business school. The teacher hired was to teach reading, writing, and casting accounts. Casting account was the old progenitor of the course accounting. This was a required course since some of the pupils were apprenticing for a trade when the time came. They needed those skills to help them carry out trade effectively.
History of Business Education
The year 1709 is recognized as the year when the earliest bookkeeping course was offered in Boston. It was then also provided in 1731 and 1733, in New York City and Philadelphia. By 1749, Benjamin Franklin’s Academy was established. It offered several classes, including accounts, the history of commerce, etc. By 1827, bookkeeping was one of the courses that were to be offered in high schools. The inventions of the typewriter and shorthand were the best achievements of business education during the rest of the 1800s. Both courses were added to the curriculum.
The 1900s saw the coming of the computer. This brought courses like MS Word processing into the curriculum. The 1980s were a period of change in standards of education. A lot of overhauls came into the curriculum. The changes in standards were adopted, and it affected every level of business education. In 1992 the government formally approved this course under vocational educational courses. And so that’s how business education came about as a course.
Scope of Business Education
No doubt, the business education scope is vast. To earn an academic place, you need to work hard. Sometimes, it’s also possible that you’ll need more than working hard at learning. For instance, when confronted by essay writing topics with no clue on how to start or the structure to use, what do you do? This is the point where most look for external help.
Now, regarding the actual scope of business education, what exactly do you expect to find under this field? What is available in business education for you?
- Learning about business exposes you to the theoretical and practical aspects of business education.
- It reveals the intricacies of a country’s economic system and demystifies most of the workings.
- Business education empowers one to meet challenges in business
- Educational business broadens not only the scope of studying but also the scope of the mind. You understand terminologies, catch market trends, and the likes.
Why You Need Business Education
You may be thinking of getting a business education. But aren’t sure yet whether it’s for you or not. We’ve written down a few reasons for you to take note of why you need business education.
- Business education helps in drawing up an effective sales campaign plan that will affect sales positively. In business education, you study about different sales strategies used over time and why some may be more effective in certain areas than others. You also learn other important things like how to develop a productive sales pitch, generating leads, and many more.
- It would help if you were effective in communicating with your customers and target audience. Communication can be the difference between a successful business year and a woeful one. It’s such an integral part of a business that its importance cannot be overemphasized, especially while living in the communication loaded age like ours. Business education teaches you the way to best package your message in such a way that it has maximum impact and the best way to deploy it so that it reaches its target audience.
- Managing your finances without overlooking your balance is essential, especially for small and medium business You will be able to handle your businesses finances yourself. You won’t have to rely on an employee who you’re hoping is as honest as you think they are.
- It gives you a fresh business perspective. A new way of looking at old business problems. The different courses expose you to different ways of thinking. They broaden your perspective and give you a new way of looking at things.
- Studying business education is also a boon for future business executives. It gives you insight into what your future work would look like. How such companies are run, situations that may arise, and how to deal with businesses’ ever-changing nature. Prepare yourself for the future.
- It gives the student an edge in the job market. MBA holders are one of the hottest people in the job market. Everybody wants them.
- It gives you a particular distinction. In some societies, having an MBA means that automatically people assume you’re smart and deal with you accordingly – something which cannot hurt in dealing with people in the day to day running of a business.
Whether you plan to be a teacher, company executive, or business owner, the need for business education cannot be overemphasized. It is the bedrock of success in the business world.
George Thompson is a digital advertising & marketing specialist with nearly 5-year long practices of offering direct-to-business and reseller services. Has a great deal of experience in SEO, Ethical Affiliate Management, Adware and Theft detection as well as PPC and Sales Funneling. He enjoys helping his clients scale with clear and measurable results.