GASPRO International Journal of Eminent Scholars

This study explored modern skill development programmes for business education students, assessing its prospect and challenges. In a world characterized by rapid technological advancements and dynamic economic landscapes, the need for modern skill development programs in business education cannot be overemphasized. To carry out this research, numerous subheads were taken into consideration, some of which included: concept of business education, concept of modern skill development programme and types of modern skill development programmes for business education students. The study mentioned the types of modern skill development programmes for business education students to include: digital literacy/technology skills, communication skills, marketing/sales skills and networking/career development among many others. The economic benefits of modern skill development programmes for business education students as mentioned in the study included: economic growth through enhanced workforce productivity, reduction of unemployment rates and increased business innovation/competitiveness amongst many others. Integration of digital skills, emphasis on entrepreneurial skills and project-based learning (pbl) were mentioned in the study as the prospect of modern skill development programmes for business education students. Some of the challenges of modern skill development programmes for business education students as noted in the study included: inadequate funding, obsolete curriculum, shortage of qualified instructors and limited access to modern technology. The study concluded that Modern skill development programs in business education are essential in preparing students for the demands of the 21st-century workforce. One of the recommendations made was that to bridge the gap between classroom learning and industry needs, educational institutions should establish stronger partnerships with businesses and industry leaders.