ADOPTION OF CREATIVE FUND GENERATION STRATEGIES IN BUSINESS EDUCATION FOR STUDENTS’ SKILL ACQUISITION AND CAPACITY BUILDING IN TERTIARY INSTITUTIONS IN ANAMBRA STATE
Abstract
The study ascertained the adoption of creative fund generation strategies in business education for students’ skill acquisition and capacity building. Two research questions and two null hypotheses guided the study. The study adopted descriptive survey design. A population of 107 business education lecturers in tertiary institutions in Anambra State was studied without sampling. Structured questionnaire containing 20 items, which were face and content validated by three experts in the field of education was used to collect data for the study. The reliability of the instrument was established using trial-testing and data collected were calculated using Cronbach Alpha formula which yielded correlation co-efficient of.79 and .88 were obtained for clusters B1 to B2 respectively with an overall value of .84.Data collected were analyzed using mean, standard deviation and t-test. The findings of the study showed that respondents disagreed that business education-.industry partnership and business enterprises are adopted as creative fund generation strategies in business education for students’ skill acquisition and capacity building. Ownership of Institution was not a significant factor on respondents’ mean ratings on the adoption of business education-industry partnership as well as business enterprises as creative fund generation strategies in business education. The researcher concluded that business education-industry partnership, and business enterprises are not adopted as creative fund generation strategies in business education for students’ skill acquisition and capacity building in tertiary institutions in Anambra State. It was recommended among others that Management of business education programmes in tertiary institutions in Anambra State should adopt and effectively implement well-articulated business education-industry partnership strategy to ensure that the actual funding needs of the programme are addressed. This will help in the provision of modern teaching resources needed for effective training students in skill acquisition and capacity building.
Key Words: Creative Fund Generation Strategies, Business Education, Skill Acquisition Capacity Building
Full Text:
PDFReferences
Abubakar, H. (2017). FCT School grapples with poor facilities. Daily Trust, Thursday, January 26, Pp.31.
Ahmed, T. A. (2017). Federal Polytechnic Bida owes staff 3 month’s salaries. DailyTrust, Wednesday, February 8. Pp.10.
Anele, G. (2020). Influence of economic recession on management of public secondary schools in Rivers State. International Journal of Innovative Education Research, 8(2), 11-18.
Bamigboye, G., Ede, A. & deyemi, G. (2016). Impact of economic crisis on education: Case study of Southwest Nigeria. Proceedings of INTED2016 Conference 7th-9th March 2016, Valencia, Spain.
Edokpolor, E. J.& dEgbri, J. N. (2017). Business education in Nigeria for value re-orientation: A Strategic approach for poverty alleviation and national development. Journal ofEducational Research and Review (JERR), 5(3), 41-48.
Emeasoba, N. C. (2017). A partnership between universities and industries in promoting business education programme: Issues and challenges. Nigerian Journal of Business Education (NIGJBED, 4(2), 198-215.
Eze. P. (2016). Marketing strategies are tools for fundraising activities of public universities in South East Nigeria. (Unpublished PhD Dissertation), ChukwuemekaOdimegwuOjukwu University, Igbariam.
Ezenwafor, J. I. (2015). Rating of strategies for transforming technical vocational education and training for the 21st century by tertiary institution lecturers in South East Nigeria. International Journal of Educational Policy Research and Review, 2(7), 88-97.
Famurewa, I. O. (2014). Inadequate funding as the bane of tertiary education in Nigeria. Greener Journal of Economics and Accountancy, 3(2), 020-025.
Federal Republic of Nigeria (2013). National policy on education. Abuja: Nigerian Educational Research and Development Council.
Kehinde, A. T., Awak, R. S., Garba, H. J. a & ombe, A. M. (2018). Economic recession and the state of business education programme in Nigeria. Nigerian Journal of Business Education (NIGJBED), 5(2), 286-296.
National Bureau of Statistics (2020).Nigeria: Unemployment rate from 1999 to 2020. Retrieved from: https://www.statista.com/statistics/382366/unemployment-rate-in-nigeria/
National Universities Commission (NUC) (2019). Annual Report, Abuja.
Nwaukwa, F. C., Iloeje, E., Nzeh, O. A. a & wagu, E. C. (2018). Training needs of business educators and entrepreneurial skills acquisition by business education undergraduate for sustainable development. Merit Research Journal of Agricultural Science and Soil Science, 6(2), 043-053. Available at: http://meritresearchjournals.org/asss/index.htm
Nwazor, J. C. (2012). Capacity building, entrepreneurship and sustainable development. Journal of Emerging Trends in Educational Research and Policy Studies (JETERAPS) 3 (1):51-54.
Nzokurum, J. C.& dAgala, H. O. (2019). Quality assurance in the management of Nigeria university education. Advances in Social Sciences Research Journal, 6(8) 240-247.
Okojie, J. A. (2010). System and strategies for fundraising in Nigerian Universities. Retrieved from: http://www.naps.org.ng/index
Okoye, K. R. E. and Ashibogwu, N. K. (2018). Strategies considered effective by business educators for quality assurance in a business education programme in universities in South-South Nigeria. European Journal of Business and Management, 10(2), 43-48.
Oyekunle, A. (2016). The decadence in Nigerian education system in the face of economic recession: A comprehensive analysis and a way forward. eduregard.com.ng/decadence-Nigerian-education system-face economic. Retrieved on 15th July, 2017.
Sani , A., Mohammed, K. and Aliyu, Z. G. (2017). A review of accounting skills acquisition in business education, enhancing career success. KIU Journal of Humanities, 2(2A), 177–183.
Sargeant, A., &Jay, E. (2014). Building donor loyalty: The fundraiser’s guide to increasing lifetime value. San Francisco: Jossey-Bass.
Yahaya, I.K. (2017).Time to prioritize education.Daily Trust, Tuesday, August 22. Pp.43.
Refbacks
- There are currently no refbacks.
Copyright © 2018 -2024. The Nigerian Journal of Business Education (NIGJBED) All Rights Reserved.
ISSN: 2408-4816 (PRINT) | ISSN: 2756-5912 (ONLINE)