Time Management: A Key Skill for Business Students

Running head: SKILL FOR BUSINESS STUDENTS
Skill for Business Students
Name of the student
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SKILL FOR BUSINESS STUDENTS1
Business study refers to an academic program that focuses on conducting of business
within local, national and the global marketplace. Business studies encompasses the various
areas of the accounting, marketing along with the economics. The business studies program
are structured in a careful manner that helps in providing educational foundation for that of
business leaders along with the managers (Botha et al., 2016). It can help the students in
understanding the financing of a company and its effect on the revenues along with the
expenditures that can help in increasing its profits. Time management refers to process of the
planning and exercising control of the time on the various activities that can help in
increasing the effectiveness along with the efficiency. Time management is an important skill
for the students of the business and it can help them in learning many subjects within a short
span of time. This essay discusses that time management can make the students efficient that
can aid in the process of their attainment of academic excellence.
The Bachelor of Business degree can provide the students with the flexibility and help
in their professional development that can prepare them for the changing local along with the
global business workforce. The first term of the study can help in developing the foundation
in relation to the business studies that can help in the career advancement of the students. It
can help in offering the real-world experiences that can help in the development of the
intellectual, analytical, personal along with the interpersonal skills (Ferreras-Garcia,
Hernández-Lara & Serradell-López, 2019). The business students in the first year are
entrusted with the task of studying many subjects like Accounting for Decision Making,
Information System for Business, Economic Principles, Business Statistics, Introduction to
Marketing, Business Law, Organisational Behaviour and the Integrated Business challenge
(Vu.edu.au., 2019). The undergraduate students should know how to manage the time that
can help them in being successful in the first term of the study. The students have to
understand the important elements in relation to each area of the study that can help them in

SKILL FOR BUSINESS STUDENTS2
the later years. The students have to understand the concepts in relation to each of the fields
that can help them in grasping the important elements underlying the Bachelor of the
Business course (Lewis & Frkal, 2019)
The subject of “Accounting for Decision making” comprises of the integrated theories
that can help the students in the area of the business administration. It can make the students
acquainted with the decision-making tools that can help them in managing the business. It
can make the students acquainted with models of the organizational structure along with the
managerial functions that is crucial for the running of a company in the present era. It can
make the students acquainted with the decision-making assumptions, nature of accounting
information, decision making in the management accounting along with the management
accounting decision models that are imperative in the present age (Sadgrove, 2016). The
undergraduate students should know to divide the time in the proper manner so that he can
devote equal attention to all the subjects that are in the first term of the study in the Bachelor
of Business course. It is important that the undergraduate students know the basic tenets in
relation to all the subjects that can help them in successfully progressing to the second and
the third years (Polonsky & Waller, 2018). It can rightly help him in learning important
concepts that can help him in handling the managerial duties in the organization at a later
stage.
The subject of “Information System for Business” contains elements of the system
design, data base design along with the web application that can increase the knowledge of
the students pertaining to business. It can help the students in understanding the manner of
operation of a company that can help in the managing of a company. It can help the students
in becoming the business analysts who can come up with the solutions to the problems. The
students would be able to know about the tools that can help them in the examination of
current system of a business (Bell, Bryman & Harley, 2018). The students would be able to