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I
STUDENTS PERCEPTIONS OF ENTREPRENEURSHIP EDUCATION AT
THE UNIVERSITY OF BOTSWANABY
Nancy Nyambiya and Dr Neo Mooko
ORGANISATION OF THE PRESENTATION
• What is entrepreneurship education?
• Why entrepreneurship education?
• What we set out to do (Objectives)
• Research methodology
• Findings of the study
• Conclusions
What is entrepreneurship education
Entrepreneurship education
• Equipping the learners with the skills and
ability to recognize business opportunities
• It also provides the insight, knowledge and
skills to start business venture.
• Enable learners to acquire innovative
entrepreneurial skills, the ability to marshal
resources in the face of risk and uncertainty
Why entrepreneurship education?
Entrepreneurship education
Entrepreneurship interest
Entrepreneurial intensions
Entrepreneurship activities
Why entrepreneurship education?
• Rapidly increasing rate of unemployment – 21st Century,
• fuelled by a massive number of students graduating from
institutions of higher learning
• dwindling employment opportunities - the failure of the
private and public sectors to absorb the growing number of
job seekers
• Lekoko, Rankhumise and Ras (2012) added that the focus towards self-employment (entrepreneurship) is, and will continue to be a key success factor in economic growth and development.
Is there not a cause?
GRADUATES BEING POURED FROM COLLEGES
That look of despair- unemployment?
Statement of the problem
Literature suggest that participating in entrepreneurship education
contributes towards increased perceived desirability and feasibility of
entrepreneurship among students (Peterman and Kennedy, 2003; Collins
et al., 2004).
Perceptions about entrepreneurship contributes towards becoming an
entrepreneur (Brijlal, 2011).
YET
Its (entrepreneurship education ) ability to enhance entrepreneurship value
among students remains unclear (Mahmood, 2009).
Evidenced by
Every year thousands upon thousands of students stranded after
graduation due to lack of formal employment opportunities
Objectives of the study
• To establish the level of entrepreneurship interest
of students at University of Botswana
• To establish the extent to which students acquire
entrepreneurship skills, during training.
• To establish entrepreneurship intensions of
students after completing entrepreneurship
training
• To propose possible strategies of enhancing
entrepreneurship education
Methodology of the study
• A mixed methodologies was applied
• Questionnaires were administered to 63 students from the Faculty of Business studies
• Bachelor of Business Administration in Entrepreneurship and Enterprise Development and Bachelor of Business Administration (Marketing)
• 4 lecturers were interviewed from the Faculty of
Business Studies.
Findings of the study
Entrepreneurship education is an important life skill
0
5
10
15
20
25
30
35
40
Disagree Neutral Agree Strongly Agree
1.7%6.9%
29.3%
62.1%
Fre
qu
en
cy
Entrepreneurship education is very important life skill
Conti…
Entrepreneurship education at UB is effective in imparting entrepreneurial skills
0
5
10
15
20
25
Strongly Disagree Disagree Neutral Agree Strongly Agree
1.7%3.4%
17.2%
43.1%
34.5%
Fre
qu
en
cy
Conti…
Entrepreneurship education addressed my needs and expectations
3%
10%
31%
35%
21%
The training addressed my needs and expectations
Strongly Disagree
Disagree
Neutral
Agree
Strongly Agree
Acquired skills
Business plan writing skills
3%
21%
48%
28%
After receiving entrepreneurship training, I am now able to write business proposals and business plans
Strongly Disagree
Neutral
Agree
Strongly Agree
Conti…
Business opportunity identification
0
5
10
15
20
25
Strongly Disagree Disagree Neutral Agree Strongly Agree
1.7% 1.7%
19%
39.7% 25.9%
Fre
qu
en
cy
After receiving entrepreneurial training, I am now able to identify business opportunities
Students entrepreneurial intensions
Planning to start my own business
0
5
10
15
20
25
30
35
Strongly Disagree Disagree Neutral Agree Strongly Agree
1.7% 1.7%
13.8%
25.9%
56.6%
Fre
qu
en
cy
I am planning to start my own business within the next 3 years
Conti…
2%
7%
31%
19%
41%
I would love to work for an enterprising company so that can learn more about business
Strongly Disagree
Disagree
Neutral
Agree
Strongly Agree
Possible strategies to enhance
entrepreneurship education
Entrepreneurship education should be more
practical
0
10
20
30
40
50
60
Agree Strongly Agree
8.6%
91.4%
Fre
qu
en
cy
Entrepreneurship course should be more practical than theoretical
Conti…
Project based learning
0
5
10
15
20
25
30
35
40
Strongly Disagree Disagree Neutral Agree Strongly Agree
3.5% 3.557.0%
22.8%
63.2%
Fre
qu
en
cy
The course should encourage project based learning
Findings from interviews with lecturers
• Although students seem to value entrepreneurship they do not seem to see it as a career option
• Those who choose to do the course as an option seem to be more motivated than those who assigned the programme / course
• In terms of skills acquisition students were able to produce impressive business plans, and some have already started their own businesses
Conti…
• Lecturers seem to be of the opinion that the mind-set change from job search to job creation has not yet fully taken place in the majority of students.
• Some of the entrepreneurship skills that students were acquiring include networking skills, opportunity identification, innovation, creativity, business plan writing, presentation skills, analytic skills, risk management, managerial skills, planning, project management skills, strategic planning, financial analysis, cash flow management, business plans, and innovation among others
• Lecturers also concur with students on the need for entrepreneurship education to be more practical oriented and to expose students to real life experience of entrepreneurship.
Conclusions
• Students seem to appreciate the importance and relevancy of entrepreneurship education,
• However, their interest in entrepreneurship as a career path is still to develop.
• In terms of their entrepreneurial intensions, whilst students are considering to be involved in entrepreneurship activity and some have already registered their companies.
• The majority of students seem to consider finding a job as the first option
• The programme has equipped students with the necessary skills to embark on their own businesses.
Recommendations
• That university should design entrepreneurship course which are morepractical, encourage experiential learning such as project based learning.
• It is recommended that the university collaborates and partners withvarious institutions which offer support to up coming entrepreneurs.
• it is recommended that a tracer study be conducted to establishentrepreneurial activity of the graduates who have gone throughentrepreneurship education.
• Finally it will also be interesting to find out how entrepreneurship cancontribute towards a mind set change from employment seeking mind-set to employment creation mind-set through entrepreneurship education
Thank you
Thank you for your time