Al-Hikmah University Journal


Al-Hikmah University Central Journal

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PERCEIVED REQUIREMENTS FOR STARTING A BUSINESS VENTURE BY KWARA STATE UNIVERSITY BUSINESS EDUCATION STUDENTS

Sikiru Issa, Nuhu & Ojo, Ajibola Elisha

Abstract


This study found out the perceived requirements for starting a business venture by Kwara State University Business Education students. Three specific purposes of the study were framed, from which three research questions were raised and three research hypotheses. Relevant literatures were reviewed in this study. Descriptive research of survey type was used. The population of the study comprised of One hundred and forty (140) 300L business education students. The entire population was used. A well-structured questionnaire was used for data collections. The data gotten from the study were analyzed using frequency and percentage for demographic. Mean and standard deviation was used for research questions and independent t-test was used to test the null hypotheses at 0.05 level of significance. The findings revealed that Business education students in Kwara State Universityrequired business ideas in starting a business venture. (mean = 2.78, SD = 0.72). The study concluded that students need to have adequate knowledge about starting business ventures before embarking on such journey. Hinderances to starting a venture should be attended to understand the rudiment of running a business. It was later recommended among others that: Schools should endeavor to provide adequate business knowledge to students so they could establish businesses before graduating.

Keywords: Business Venture, Business Education, Students
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