Business Study in China
Introduction of Program:
Business studies is an an academic subject taught at higher level in Australia, Canada,China Hong Kong, India, Ireland, New Zealand, Pakistan, South Africa, Sri Lanka, Zimbabwe and the United Kingdom, as well as at university level in many countries. Its study combines elements of accountancy, finance, marketing, organizational studies and economics.
What should a Business Education give you?
There is a strong argument that in the future everyone will need to have had a business education. Whatever you do in your professional life, the chances are that it will involve some ‘businesses. Scientists, engineers, even artists, will inevitably have to understand at least the basics of business, and probably a lot more.
Today’s management gurus, the people who are forecasting the way we will do business at the beginning of the 21st century, are saying that the companies of the future will consist of groups of specialists who work together on a specific project and then disband. For the next project the composition of the group will almost certainly be different. One of the consequences of this is that many more people will be what we call today ‘independent’, and will have to understand more about the opportunities and constraints of business.
In other words, the combination of specialist qualification and business knowledge will become vital.
But it is not just ‘knowledge’ of business. Before embarking on a business education you need to ask yourself a basic question, ‘what should a business education give me?’
Most subjects that one studies are composed of theory and practice. The important question is, where does one end and the other start? In many cases there is obviously no clear-cut answer to this.
Business is a practical subject. It sounds obvious, but it seems too easily to be forgotten.
Business cannot be compared with chemistry, physics, mathematics, law, which can be purely theoretical i.e. little or no practical work is required in order to be an ‘expert’. Business can be compared with medicine. No doctor is allowed near a real live patient purely on the basis of book study (otherwise the patient would probably not be alive for very long!).
How do doctors learn the practical skills? – they are taught by practicing doctors, they make diagnoses of real situation s under the guidance and supervision of practicing doctors.