Thesis on Students Perception on Business and Employment Essay Example

Moreover, they aim to manipulate these factors in order to increase the number of graduates pursuing entrepreneurial endeavors while suggesting curriculum improvements for future pursuits. Ultimately, individuals must decide whether they want to be an entrepreneur or an employee; hence, the Business Administration program equips students with knowledge in marketing, management, finance, and entrepreneurship theories. By producing competent and motivated graduates who can identify business opportunities and initiate their own ventures, employment needs can be fulfilled. These needs follow a hierarchical structure with certain ones having a greater impact on our actions. Addressing these human needs is crucial since they strongly drive us in our search for job satisfaction.Abraham Mason categorized human needs into physiological, safety, social, esteem, and self-actualization groups. Clayton Alder later revised this hierarchy to existence, relatedness, and growth categories. Therefore, it is crucial for graduates to comprehend the various needs that may drive students' behavior and motivation. The process of selecting a career is influenced by multiple factors and requires a complex decision-making process that takes time. Economic considerations must also be considered as they impact personal and financial aspects. Continuous competition, an open-minded approach towards suitability, and perseverance further complicate the career selection process. Attitude plays a significant role in determining career success as it affects decision-making and behavior (Oppenheim 2000). It is interconnected with other aspects of an individual's personality (Oppenheim 2000). Having a genuine and positive attitude is essential when choosing a suitable career (Mood Sale et al., 2005). Both entrepreneurs and employees demonstrate their emotions through actions, highlighting the significance of attitude in motivating students to choose a career path (Meredith et al., 1982). Graduates from disciplines

like Business Administration in universities and colleges aspire to secure stable jobs both domestically and internationally. However, simply obtaining a degree does not guarantee immediate employment in today's job market.According to Marshier et al. (2004), it is now expected that graduates have a positive attitude towards the changing job market. They recommend that graduates explore alternative options and broaden their horizons to improve career decision-making.

With the increasing number of job opportunities in the labor market, students are advised to gradually adopt an entrepreneurial mindset through their curriculum. This not only changes their perception of white-collar and blue-collar jobs but also prepares them for self-employment if traditional wage employment becomes scarce in the future, as stated by wick.Answers.Com.

Many individuals believe there are two ways to generate income: being employed or starting their own business, as mentioned on wick.Answers.Com. Entrepreneurship has been recognized by various researchers like Samarium et al. (2004) and Salaam (2006) as a solution for employed graduates. It helps them develop their careers while also expanding the job market and addressing unemployment issues, according to Northman (2004).

The desire for control over one's destiny motivates many individuals to pursue ideas and seize market opportunities through entrepreneurship, aiming to achieve financial rewards. In economies with limited job prospects, entrepreneurship is viewed as a viable option for new graduates to establish their own businesses and shape their futures (1). This is particularly true in the Filipino system where entrepreneurial creativity is highly valued (2).Many Filipinos opt for a second job or starting their own business if their initial employment does not meet their financial requirements (3). However, younger individuals, particularly graduates, often view entrepreneurship as a backup

option (4). The motivation behind self-employment comes from the expectation of experiencing greater overall satisfaction in terms of income, independence, risk-taking, and work effort compared to other available job opportunities (5). These attitudes can vary between those who aspire to be self-employed and those planning to work as employees. According to Schnauzer's economic model of decision-making (1995), the choice to become an entrepreneur is based on the anticipated benefits not only from potential income sources but also from "working conditions" in comparison with alternative employment options. This aspect plays a crucial role in any country's economy as it has the potential to positively impact individuals and overall economic growth by directing funds towards more profitable endeavors (6). The researchers found that some students have an interest in starting their own businesses while also envisioning themselves working for established organizations. Students play a pivotal role in shaping their desired careers by taking responsibility for understanding their needs and expectations. It is important for them to identify their needs, motives, and goals so they can choose a career path that aligns with their skills.Maintaining a balance between entrepreneurs and employees in the community is crucial to prevent job scarcity. However, graduates often experience frustration as it takes them longer to find employment after graduation. While students have a responsibility to seize every opportunity for success, unemployment remains an economic problem in the Philippines. This leads to poverty among many individuals who struggle to meet basic needs. The issue of graduate unemployment necessitates effective solutions due to the frequent mismatch between their skills and employer requirements, resulting in wasted years of education.

Labor statistics reveal that approximately half a

million graduates are unable to secure work in their desired field each year. Despite numerous job vacancies available both locally and overseas, employers express dissatisfaction with the lack of qualified college graduates for these positions. According to Phil-job.Et, the official job search site of the Department of Labor and Employment (DOLE), there are currently about 125,000 job vacancies waiting for suitable applicants in the Philippines.

The country's unemployment rate has fluctuated over time, reaching its peak at 13.9 percent in April 2002 and its lowest point at 6.3 percent in October 2007. On average, from 1995 to 2012, the unemployment rate hovered around 9.0 percent. A recent study by the Bureau of Labor and Employment Statistics (BLESS) confirms that graduate unemployment has become a nationwide concernThe study found that out of the total 2.6 million unemployed Filipinos, approximately 39.1 percent are either college graduates or undergraduates, which amounts to about 1.52 million people. Among these unemployed individuals, around 50 percent are young workers aged between 15 and 24 who often have a college diploma or are still pursuing their degrees. The nursing profession is particularly affected by this issue as reports from both the Philippine Nurses Association (PAN) and Alliance of Young Nurse Leaders and Advocates indicate that despite an estimated annual count of around 80,000 nursing board passers, there are limited job opportunities available. This leads to over 150,000 nurses remaining unemployed each year despite passing their board exams. To overcome this problem, many individuals have turned to working as call center agents due to difficulties in finding nursing jobs domestically and internationally. Graduates from various fields such as business administration, hotel and restaurant management,

and information technology also face similar challenges in finding employment with only three percent of new college graduates being hired each year due to their struggle to pass competitive qualifying exams. As a result, many of these graduates end up working as call center agents or bank tellers especially if they possess English skills.Carlisle Sys, the Director of BLESS, recognizes that graduates with a degree may lack the qualifications, competency, and experience desired by employers. This highlights concerns about our educational system not meeting industry standards. To address this issue, the government has implemented a moratorium on certain programs to prevent further decline in graduate quality. A study shows that an abundance of specific courses has weakened programs like Business Administration and teacher education while also leading to decreased passing rates for the Nursing Licenser Examination. However, the Department of Labor and Employment (DOLE) suggests raising awareness about hard-to-fill and in-demand occupations which includes college degree courses with an oversupply of skills. According to Sys from philanthropies.mom website , it is crucial to provide information on different career choices for students to make well-informed decisions about their future paths. She believes that career guidance and orientation play a vital role in helping students navigate the labor market after graduation. The global economic crisis has had diverse effects on individuals; some choose negativity and pessimism while others see it as an opportunity to work harder. As a result, graduates face challenges in finding the best fit for themselves and exploring alternative income options.According to a study conducted by the NGO Women Entrepreneurship (WE) Program, Filipino women view the economic crisis as an opportunity. The study reveals

that 55 percent of women entrepreneurs are aged between 30 and 39, 52 percent are single, 42 percent belong to the middle class, and 64 percent had prior employment before starting their businesses. Secretary Roseland Balboa from the NAG Women Entrepreneurship (WE) Program emphasizes that with the growing number of Filipinos joining the labor force without matching employment opportunities, young Filipinos should consider entrepreneurship as an alternative to traditional employment. This shift in mindset indicates that age, social class, financial capability, or educational background no longer restrict entrepreneurship. It is important to note that this discussion does not aim to present a biased view of employees since companies and enterprises rely on them for operation. Additionally, there are valuable studies available for researchers focusing on students' attitudes towards employment and entrepreneurship.The Journal of Education and Practice published a study entitled "Entrepreneurship Education and Attitude of Undergraduate Students to Self Employment in Numb, Dammar State, Nigeria". Additionally, another study titled "The Determinants of Entrepreneurial Attitudes and Intentions among High School Students in 'align City, Southern Philippines" explores similar themes but with different scope and nature. These assessments provide valuable insights that contribute to improving overall understanding. Figure 1 illustrates the research process flow used by researchers during the study, including input, process, and output steps. Based on these findings, revisions may be necessary for the business administration curriculum. The study utilizes a descriptive research method using questionnaires as the main data collection tool. These questionnaires are created, modified, finalized, and distributed to selected Business Administration students. Upon collection of the questionnaires, the data is tabulated, presented, and interpreted. The outcome of this study will offer insights

into how students perceive attitudes towards employment and entrepreneurship while identifying factors that hinder or encourage student engagement in these areas. Ultimately, the purpose of this research is to create a Research Flow Chart illustrating the input,
process,and output of the study.
This study at the University of San Jose-Recollects aims to assess the effectiveness of the business administration curriculum and explore students' attitudes towards employment and entrepreneurship. The objectives include examining respondents' family backgrounds and previous business experiences, gathering information about their profiles, understanding factors influencing their career decisions, identifying barriers to engaging in business, determining motivators for pursuing employment opportunities, evaluating how well the Business Administration Curriculum nurtures entrepreneurial spirit, and providing recommendations for curriculum revisions. This research holds significance as it helps determine students' interest in employment versus entrepreneurship and provides insight into their future aspirations. It aids students in making informed decisions about their careers. Additionally, this research has benefits for various groups including students themselves, researchers in the field, academic institutions, government entities,and future researchers. For students and respondents specifically,it assists them in evaluating different perspectives on employment and entrepreneurship,making it easier to make informed choices regarding career paths.The purpose of this study is to identify obstacles that hinder students' pursuit of business or employment and evaluate how effective the Business Administration curriculum is in cultivating entrepreneurial attitudes. This research provides several advantages for stakeholders, including aiding individuals in selecting appropriate career paths for achievement and broadening researchers' perspectives through real-life investigations. It also enhances researchers' confidence and teamwork abilities while engaging with participants throughout the research process. Furthermore, this study supports faculty members in assessing the effectiveness of their teaching methods

in enabling practical application of knowledge by students. It helps determine if the concepts and theories being taught adequately prepare students for success in their chosen professions. From a governmental standpoint, this study holds significance as it initiates programs to meet graduates' needs and attracts more investors to create income-generating opportunities for graduates.A descriptive survey method study was conducted with a total of 165 participants who completed questionnaires and participated in brief interviews during their free time. The University of San Jose-Recollects College of Commerce, located at University San Jose Recollects, Magellan Cube City, is focused on providing quality Christian community-oriented education. Their goal is to achieve professional excellence in business and management both locally and globally by offering an enriched general education that combines various fields of specialization.

This study can serve as a valuable reference for future researchers and provide information to beneficiaries of research endeavors. The Marketing Management program offered at the college equips students with technical skills and competencies in marketing, integrating theory with practicum activities. Similarly, the Business Administration program takes an integrated approach to the functional areas of business, considering economic, social, technological, legal, and international environments. It provides students with general theories and concepts of management along with other business-related courses.

The objective of these programs is not only to teach basic business knowledge but also to foster crucial qualities and skills for future business leadership and organizational success. Additionally, the Bachelor of Science in Entrepreneurship aims to equip individuals with the necessary knowledge and skills needed to start and manage their own businesses.The purpose of the study was to cultivate motivated entrepreneurs who can identify opportunities, develop business plans,

and efficiently manage businesses. The research was conducted at ISIS-R College, focusing on colleges that offer programs in Business Administration with a particular emphasis on General, Marketing, and Entrepreneurship. A total of 165 participants from three different programs (Marketing: 41; Entrepreneurship: 12; General: 112) took part in the survey. Data collection involved questionnaires consisting of seven questions pertaining to business experiences, personal profiles, and reasons for selecting the program. Additionally, interviews were conducted to validate the gathered data. The text explores students' attitudes towards pursuing entrepreneurship or employment. Respondents indicated their answers by checking appropriate boxes. Section three employed a two-point scale ("agree" for perceived correctness and appropriateness; "disagree" for perceived incorrectness and inappropriateness) for evaluation ratings. In question five, respondents evaluated the effectiveness of the BAA curriculum by selecting their preferred answer. Finally, respondents had an opportunity to provide suggestions and comments during the final stage of this study's process as a means to express valuable ideas not covered in the questionnaire that could benefit future researchers.The data collection process included distributing questionnaires to Business Administration students at University of San Jose-Recollects located in Cube CityThe researchers distributed the questionnaires on the school campus during the respondents' free time. They were available to answer questions, clarify information, and verify responses. Once finished, the questionnaires were collected promptly. The gathered data will be analyzed and statistically treated using Slovene's Formula.