Business studies, often simply called business, is a field of study that deals with the principles of business, management, and economics. [1] It combines elements of accountancy, finance, marketing, organizational studies, human resource management, and operations. Business studies is a broad subject, [2] where the range of topics is designed to give the student a general overview of the various elements of running a business. The teaching of business studies is known as business education.
Countries in which the subject is taught under the name "business studies" include Mauritius, Oman, South Korea, Argentina, Australia, Bangladesh, Nepal, Brazil, Canada, Hong Kong, India, Ireland, Mexico, Singapore, Malaysia, Cambodia, Kenya, Poland, Malta, New Zealand, Nigeria, Pakistan, South Africa, Sri Lanka, Sweden, the United Kingdom, Namibia, Zimbabwe and Indonesia.[ citation needed ]
Business studies can be taken as part of the General Certificate of Secondary Education (GCSE) option for Year 9, Year 10 and Year 11 at secondary school and also can be taken as part of a GCE Advanced Level (A-level) course in Year 12 and Year 13. It includes a range of subjects, which give the student general understanding of the various elements of running a business. Subjects covered include, but are not limited to: Business Organization, People in Business, Marketing, Operations & Production, Finance, and Strategic Management. [3]
Business management is an option for National 5 [4] and Higher [5] qualifications. Both National 5 and Higher exams cover Understanding business, People, Finance, and Marketing and operations.
The University of Cambridge considers business studies not to be a 'traditional academic subject', although taking business studies individually will not disadvantage students as long as it is identified as 'essential' or 'desirable' for the course being applied for. It is also suitable when applying for economics at university, if the college the candidate comes from does not offer the economics A-level individually. [6]
After finishing secondary school, students in Hungary have the option of either taking an accredited 2–4 semester business course and obtaining a certificate, or applying to college or university. Students can also take part in a 2-semester preparatory business course to have a greater chance of getting accepted by a university. Hungarian business education has been organized according to the Bologna system since 2006.
Business studies programmes are widely taught in the Nepal, where it is taught at every colleges of +2 level and also in colleges that provide A-Levels. A number of universities (public and private) are offering business studies programme under the heading of Business Administration.[ citation needed ]
In South Africa, Business Studies [7] can be taken as an elective subject from a student's Grade 10 year through to their Grade 12 year; it is offered as part of the standard NSC, as well the IEB (see Matriculation in South Africa). As elsewhere, the syllabus covers a range of topics designed to give the student general understanding of the various elements of running a business. Accountancy [8] and Economics [9] are offered as separate, and more technical, subjects.
Business Studies is taught at the higher secondary level (Class 11 and 12) for students who have taken the Commerce Stream subject. According to the Central Board of Secondary Education, Business Studies is a compulsory subject for Commerce Stream along with Economics and Accountancy students. At the state board, the subject code for Business Studies is 054.
The General Certificate of Secondary Education (GCSE) is an academic qualification in a range of subjects taken in England, Wales and Northern Ireland, having been introduced in September 1986 and its first exams taken in 1988. State schools in Scotland use the Scottish Qualifications Certificate instead. However, private schools in Scotland often choose to follow the English GCSE system.
A Bachelor of Commerce is an undergraduate degree in business, management, economics or accounting, awarded in Canada, Australia, India, Bangladesh, Sri Lanka, Pakistan, Ireland, New Zealand, Ghana, South Africa, Myanmar, Egypt, and additional Commonwealth countries.
Education in England is overseen by the Department for Education. Local government authorities are responsible for implementing policy for public education and state-funded schools at a local level. State-funded schools may be selective grammar schools or non-selective comprehensive schools. All state schools are subject to assessment and inspection by the government department Ofsted. England also has private schools and home education; legally, parents may choose to educate their children by any suitable means.
Secondary School Certificate (SSC), Secondary School Leaving Certificate (SSLC) or Matriculation examination, is a public examination in Bangladesh, India, Pakistan, Nepal and Maldives conducted by educational boards for the successful completion of the secondary education exam in these countries. Students of 10th grade/class ten can appear in these. It is equivalent to the year 10 of the GCSE in England or the first two years of high schools in United States.
Tenth grade is the tenth year of formal or compulsory education. It is typically the second year of high school. In many parts of the world, students in tenth grade are usually 15 or 16 years of age.
Eleventh grade is the eleventh year of formal or compulsory education. It is typically the third year of high school. Students in eleventh grade are usually 16–17 years of age.
Business education is a branch of education that involves teaching the skills and operations of the business industry. This field of education occurs at multiple levels, including secondary and higher education
Design and Technology (D&T) is a school subject taught in England to pupils in primary and secondary schools. It first appeared as a titled subject in the first National Curriculum for England in 1990. It has undergone several reviews when the whole National Curriculum has been reviewed, the most recent in 2013.
In India, board examinations refer to the public examinations that are conducted at the completion of secondary and senior secondary education.
The BTECLevel 3 diploma is a Further Education qualification and vocational qualification taken in England, Wales and Northern Ireland. The qualification is organised and awarded by Pearson within the BTEC brand and it is equivalent to A-Levels. It is equivalent to the GCE A Levels, more specifically to three A2 awards and the AVCE.
The A-level is a subject-based qualification conferred as part of the General Certificate of Education, as well as a school leaving qualification offered by the educational bodies in the United Kingdom and the educational authorities of British Crown dependencies to students completing secondary or pre-university education. They were introduced in England and Wales in 1951 to replace the Higher School Certificate. The A-level permits students to have potential access to a chosen university they applied to with UCAS points. They could be accepted into it should they meet the requirements of the university.
CKB Commerce College or Chandra Kamal Bezboruah Commerce College is a government-aided educational institution in Jorhat, in the Indian state of Assam. The college was established under founder principal Madhab Chandra Chakrabarty and promoted by the Jorhat Education Society with a vision of providing education in Trade, Industry, and Commerce.
The Guanghua School of Management, Peking University (北京大学光华管理学院) is the business school of Peking University, a public university in Beijing, China.
In the UK education sector, there are a wide range of qualification types offered by the United Kingdom awarding bodies. Qualifications range in size and type, can be academic, vocational or skills-related, and are grouped together into different levels of difficulty. In England, Wales and Northern Ireland, qualifications are divided into Higher Education qualifications, which are on the Framework for Higher Education Qualifications (FHEQ) and are awarded by bodies with degree awarding powers, and Regulated qualifications, which are on the Regulated Qualifications Framework (RQF) and are accredited by Ofqual in England, the Council for the Curriculum, Examinations and Assessment in Northern Ireland and Qualifications Wales in Wales. In Scotland, qualifications are divided into Higher Education qualifications, Scottish Qualifications Authority qualifications and Scottish Vocational Qualifications/Modern Apprenticeships, which are on the Scottish Credit and Qualifications Framework (SCQF). Scottish Higher Education Qualifications are on both the SCQF and the FHEQ.
The A-level, is a main school leaving qualification of the General Certificate of Education in England, Wales, Northern Ireland, the Channel Islands and the Isle of Man. It is available as an alternative qualification in other countries, where it is similarly known as an A-Level.
Established in 2000, Manila Business College is duly accredited by the Commission on Higher Education of the Philippines and the Technical Education and Skills Development Authority (TESDA). It provides an international standard of business education that combines Asian and Western concept of business management and economics studies.
The education system in Lahore is formulated along specific modern, religious, cultural, social, psychological, commerce and scientific injunctions. Lahore is Pakistan’s largest producer of professionals in the fields of science, technology, IT, engineering, medicine, nuclear sciences, pharmacology, telecommunication, biotechnology and microelectronics. Most of the reputable universities are public, but in recent years there has also been an upsurge in the number of private universities. The current literacy rate of Lahore is 64%. The standard national system of education is mainly inspired from the British system. The system also aims to imbibe a secular outlook among the students with the awareness of the rich cultural heritage of Pakistan. Lahore has a wide range of schools, colleges and universities that caters to diverse streams.
Shandong University of Finance and Economics is a public research university in Jinan, Shandong province, China. It is a full-time comprehensive institution of higher education which was founded upon approval by Shandong Provincial Government in 1952 and originally known as Shandong Institute of Finance and Economics. The current university resulted from a merger of two second-tier universities - the Shandong University of Finance (山东财政学院) and the Shandong Economic University (山东经济学院) in 2011.
A high school diploma or high school degree is a diploma awarded upon graduation of high school. A high school diploma is awarded after completion of courses of studies lasting four years, typically from grade 9 to grade 12. It is the school leaving qualification in the United States and Canada.