Strategies for Optimizing Business Education as an Instrument of Economic Empowerment and Sustainable Development in Nigeria
Africa’s need for accelerated development demands that all implements and instruments which can encourage economic empowerment and sustainable development be carefully assessed with a view to invigorating them for greater effectiveness. To this end, this study examined strategies for optimizing business education as an instrument of economic empowerment and sustainable development in Nigeria. Descriptive survey research design and four research questions guided the study: The population comprised 28 members of academic staff in the two tertiary institutions in Osun State, Nigeria offering Business Education programme. No sample was drawn as the entire population was studied because of the manageable size of the population. A structured questionnaire with 40 items tagged Strategies for Optimizing Business Education for Economic Empowerment and Sustainable Development Index Questionnaire (SOBEEESDIQ) was used to collect data from the respondents. The instrument was validated by two experts in Business Education Department. Mean and standard deviation were used to analyze the data collected in order to answer the research questions. The study identified various strategies that could be developed to optimize business education as an instrument of economic empowerment and sustainable development. These include curriculum enrichment, improved funding, better public relations strategies and industrial collaboration. The study concluded that these strategies were important to business education to achieve economic empowerment and sustainable development. It was recommended that business education curriculum should be enriched with relevant courses required in today’s global world and should be provided with adequate funds; while students and teachers should be encouraged to participate fully in industrial training so that the objectives of business education programmes in achieving economic empowerment and sustainable development may be actualized.
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