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Tuesday, February 19, 2008

Business schools

A business school is a university-level institution that confers degrees in Business Administration. It teaches topics such as accounting, finance, information systems, marketing, organizational behavior, strategy, human resource management, and quantitative methods.

Types of Business School
They include schools of business, business administration, and management. There are four principal forms of business school.
  • Most of the university business schools are faculties, colleges or departments within the university, and teach predominantly business courses.
  • In North America a business school is often understood to be a university graduate school that offers a Master of Business Administration or equivalent degree.
  • Also in North America the term "business school" can refer to a different type of institution: a two-year school that grants the Associate's degree in various business subjects. Most of these schools began as secretarial schools, and then expanded into accounting or bookkeeping and similar subjects. They are typically operated as businesses, rather than as institutions of higher learning.
  • In Europe and Asia, some universities teach business only.
Approaches to Business School
In contrast to the case method some schools use a skills-based approach in teaching business. This approach emphasizes quantitative methods, in particular operations research, management information systems, statistics, organizational behavior, modeling and simulation, and decision science. The goal is to provide students a set of tools that will prepare them to tackle and solve problems.

There are also several business schools that still rely on the lecture method to give students a basic business education. Lectures are generally given from the professor's point of view, and rarely require interaction from the students unless note taking is required.

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