Business education

Md. Anisuzzaman Sarker, MBA, Finance, Chittagong University
From the time of Alexander, the idea of globalisation has been a much-talked about topic in the intellectual world-- especially in the field of political economy and in the socio-cultural arena. It became a reality after travelling a long path, finally in the 20th century. We are now living in a global environment. Technological development makes the flow of information very easy and we have easy access to it. Almost all the spheres of our society are affected by this surge requiring various kinds of reforms and adjustments with numerous dimensions. People's attitudes are changing as they become more and more aware of the international events and their consequences. Economic adjustments coupled with changing business environment made it mandatory to have required knowledge in the field of business and commerce. Multi-national corporations are expanding their operation much faster than before in the developing countries as they are trying to become cost effective. Skilled and knowledge oriented labour force are the basic requirement to grab those opportunities. We have to compete with other nations if we are willing to capitalize on those opportunities which require extensive education and knowledge in the relevant fields. Business education, which we are acquiring, will help us to cope with this environment. We need to develop our learning from both theoretical and practical context. We must be dynamic and confident by acquiring knowledge of various fields. Interactive, analytical, on-line supporting paper works as well as diffusion of knowledge among the students, intensive group discussion on various real life events, workshop, and debate etc. can increase our decision making power and analytical ability. Therefore, it is high time for the students not to spoil their time engaging in unproductive activities but to be more and more engrossed in the study, so that they can shine and compete successfully in the professional fields. One of us may get a Nobel Prize for our hard work. It is difficult but not impossible.