Business studies
Encyclopedia
Business studies is an academic subject taught at higher
level in Australia
, Canada
, 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
(GCSE) option for Year 10 and Year 11 at secondary school
, or can be taken as part of a GCE Advanced Level
(A-level) course in Year 12 and Year 13 in further education
. 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: Organisation, People in Business, Marketing
, Finance, Production, and the Business Environment.
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.
at Budhanilkantha School
where students have to study it in the EBS (Economics, Business Studies and Sociology) pack in A-Level.
Recently, Delhi University has started a new undergraduate course, namely, Bachelor of Business Studies (BBS).
High school
High school is a term used in parts of the English speaking world to describe institutions which provide all or part of secondary education. The term is often incorporated into the name of such institutions....
level in Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
, Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
, Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
, India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
, Ireland
Ireland
Ireland is an island to the northwest of continental Europe. It is the third-largest island in Europe and the twentieth-largest island on Earth...
, New Zealand
New Zealand
New Zealand is an island country in the south-western Pacific Ocean comprising two main landmasses and numerous smaller islands. The country is situated some east of Australia across the Tasman Sea, and roughly south of the Pacific island nations of New Caledonia, Fiji, and Tonga...
, Pakistan
Pakistan
Pakistan , officially the Islamic Republic of Pakistan is a sovereign state in South Asia. It has a coastline along the Arabian Sea and the Gulf of Oman in the south and is bordered by Afghanistan and Iran in the west, India in the east and China in the far northeast. In the north, Tajikistan...
, South Africa
South Africa
The Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...
, Sri Lanka
Sri Lanka
Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka is a country off the southern coast of the Indian subcontinent. Known until 1972 as Ceylon , Sri Lanka is an island surrounded by the Indian Ocean, the Gulf of Mannar and the Palk Strait, and lies in the vicinity of India and the...
, Zimbabwe
Zimbabwe
Zimbabwe is a landlocked country located in the southern part of the African continent, between the Zambezi and Limpopo rivers. It is bordered by South Africa to the south, Botswana to the southwest, Zambia and a tip of Namibia to the northwest and Mozambique to the east. Zimbabwe has three...
and the United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
, as well as at university
University
A university is an institution of higher education and research, which grants academic degrees in a variety of subjects. A university is an organisation that provides both undergraduate education and postgraduate education...
level in many countries. Its study combines elements of accountancy
Accountancy
Accountancy is the process of communicating financial information about a business entity to users such as shareholders and managers. The communication is generally in the form of financial statements that show in money terms the economic resources under the control of management; the art lies in...
, finance
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...
, marketing
Marketing
Marketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development. It generates the strategy that underlies sales techniques, business communication, and business developments...
, organizational studies
Organizational studies
Organizational studies, sometimes known as organizational science, encompass the systematic study and careful application of knowledge about how people act within organizations...
and economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
United Kingdom
Business studies can be taken as part of the General Certificate of Secondary EducationGeneral Certificate of Secondary Education
The General Certificate of Secondary Education is an academic qualification awarded in a specified subject, generally taken in a number of subjects by students aged 14–16 in secondary education in England, Wales and Northern Ireland and is equivalent to a Level 2 and Level 1 in Key Skills...
(GCSE) option for Year 10 and Year 11 at secondary school
Secondary school
Secondary school is a term used to describe an educational institution where the final stage of schooling, known as secondary education and usually compulsory up to a specified age, takes place...
, or can be taken as part of a GCE Advanced Level
GCE Advanced Level
The Advanced Level General Certificate of Education, commonly referred to as an A-level, is a qualification offered by education institutions in England, Northern Ireland, Wales, Cameroon, and the Cayman Islands...
(A-level) course in Year 12 and Year 13 in further education
Further education
Further education is a term mainly used in connection with education in the United Kingdom and Ireland. It is post-compulsory education , that is distinct from the education offered in universities...
. 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: Organisation, People in Business, Marketing
Marketing
Marketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development. It generates the strategy that underlies sales techniques, business communication, and business developments...
, Finance, Production, and the Business Environment.
University of Cambridge
University of Cambridge
The University of Cambridge is a public research university located in Cambridge, United Kingdom. It is the second-oldest university in both the United Kingdom and the English-speaking world , and the seventh-oldest globally...
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.
Bangladesh
In Bangladesh School Level Education is total 10 years and then one has to do another 2 years college if he or she wants to go to university.Or after 10 years school one can do engineering diploma 3 or 4 years and then choose to get admission into university. During 10 years school in year 9 student allow to choose whether they want to do business studies or science or Arts, basically they choose it on the future career prospective, say a student want to be a Dr must has to choose science group, otherwise the student won't fullfill the requirements of admission into medical college after finishing 2 years college.So same for commerce. Like if in 9 year they focus on future business career then they should choose commere, where main subject will be, business study,geography in business, Accounting, management etc.Nepal
Business studies is taught in NepalNepal
Nepal , officially the Federal Democratic Republic of Nepal, is a landlocked sovereign state located in South Asia. It is located in the Himalayas and bordered to the north by the People's Republic of China, and to the south, east, and west by the Republic of India...
at Budhanilkantha School
Budhanilkantha School
Budhanilkantha School, often referred to as BNKS, is a public boarding school in Nepal. It was founded by King Birendra in 1972.It located in Narayansthan, eight kilometres north of Kathmandu on the beautiful foothills of Shivapuri mountain...
where students have to study it in the EBS (Economics, Business Studies and Sociology) pack in A-Level.
India
In India, Business Studies is taught in 11th and 12th class (or grade) to the students of Commerce Stream.Recently, Delhi University has started a new undergraduate course, namely, Bachelor of Business Studies (BBS).