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The Role of Financial Literacy in Enhancing Entrepreneurial Competencies Among Business Education Students in Nigerian Colleges of Education Kasimu, Aminu; Jamilu, Usman Mohammed
EDUMALSYS Journal of Research in Education Management Vol 2 No 3 (2024): EDUMALSYS Journal of Research in Education Management
Publisher : Lembaga Yasin AlSys

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58578/edumalsys.v2i3.3901

Abstract

This study explores the role of financial literacy in enhancing the entrepreneurial competencies of Business Education students in Nigerian Colleges of Education. A descriptive survey research design was employed, involving a sample of 220 respondents from various institutions. Data were collected using a structured questionnaire, focusing on the levels of financial literacy, the relationship between financial literacy and entrepreneurial competencies, and the influence of financial literacy on students' ability to identify business opportunities and manage finances. The findings revealed a moderate level of financial literacy among students, with significant positive correlations between financial literacy and entrepreneurial competencies. Specifically, financial literacy was found to improve students' capacity to identify business opportunities and enhance their financial management skills. The study concludes that integrating comprehensive financial literacy training into the Business Education curriculum is essential for equipping students with the necessary skills to succeed as entrepreneurs. Recommendations for educational institutions include developing targeted financial literacy programs, organizing workshops, promoting certification, and partnering with financial institutions to provide practical financial knowledge.
Assessing the Impact of Work-Integrated Learning on Business Education Students' Employability in College of Education in Nigeria Jamilu, Usman Mohammed; Paris, Suleiman Adama; Sambo, Gidado Farida
EDUMALSYS Journal of Research in Education Management Vol 2 No 3 (2024): EDUMALSYS Journal of Research in Education Management
Publisher : Lembaga Yasin AlSys

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58578/edumalsys.v2i3.3902

Abstract

This study assessed the impact of Work-Integrated Learning (WIL) programs on the employability of business education students in Colleges of Education in Nigeria. The study adopted a descriptive survey research design, with a sample of 240 respondents, including administrators, teachers, and students, from selected Colleges of Education. Data were collected using a structured questionnaire and analyzed using mean statistics. The findings revealed that WIL programs are moderately implemented in business education curricula, contributing significantly to the development of employability skills such as communication, teamwork, and problem-solving. However, challenges such as limited internship placements, insufficient collaboration with industries, and financial constraints hinder students’ access to WIL opportunities. The study recommended strengthening partnerships between colleges and industries, making WIL mandatory in business education programs, providing financial support to students, and enhancing supervision and mentorship during WIL placements.