Practical Skills In Education

I agree that colleges and universities are should provide more prctical skills such managing accounts and investments intheir curriculum. While academic subjects are also essential for the growth and understanding of the students. One key reason is that financial knowledge is very important for the students.Students are not aware of accounts and investments. They have lack of knowledge of this important factos. Many of the students are struggling with managing the finance due to lack of planning and knowledge. By teaching and providing proper guidance students will develop the habit of planning, saving and investing. For exmaple , a course on personal finance can help the to save money for retirement, manage student loan. Additionally, practical skills helps student to become more creative. In colleges and universities many students find theory subjects as boring. So practical skills should be taught to students so that they will be more active. It will also help them to apply this skills in real-world scenarios. Many students are unware of Investements. Students should start SIP, it help benefit them after certain years also the save will be safe. Institutions should educate the students by providing practical lessons on emergency funds that will be helpful at the time of crisis. A relevant example can be found in Germany, where many universities offer dual education program that combines academic studies with practical trainings in industries. Theoretical knowldege and hands-on experience make them well professional. In conclusion ,practical skills such as managing accounts and investments is essential in College and University curriculum.

With developing countries, it has become essential to have knowledge about investments and how to manage accounts. However, institutes play a vital role in students life as they are the last official learning place where they learn how to succeed in futrure, so they are advised to give these information. In my opinion colleges and universities should take in charge and educate students with these practical skills. As colleges and universities are the important events of student's life where they get to learn about various things such as teamwork, group discussions, discipline, how to pursue studies towards your dream as well as pursue your passion. After passing through universities they starts earning and initially, it is difficult to manage expenses for employees, for instance, studies shows that many individuals were not aware how to handle earnings and lack of knowledge regarding investment and tend to spend all of their salaries in one go. However, if the individuals are given lectures about the investments such as mutual funds, properties, gold along with the various investment schemes they will be better at managing accounts. For instance, they will be able to engage money efficiently and will be even able to buy their own independent house or car as well as property for their own business setup. For example, countries like United Kingdom and Germany, integrate financial stimulationa dn case studies and this accounted for producing financially literate and market-ready graduates. In conclusion, integrating practical skills like managing accounts and investments into education equips students with financial literacy, career readiness and world compentance. This balance of theory and practical ensures graduates are well prepared for modern challenges.

Nowadays, education plays a vital role in our lives. Practical knowledge such as management of accounts and investments should be given to people as part of education in learning institutions like college and universities. I agree that practical skills help people more to sustain in the competitive world. This essay will highlight the merits of practical education and the applications of it. To commence with, the major advantage of skills that are taught practically to individuals is that they are more likely to utilize it in their daily activities which keeps them ahead of their peers. Moreover, they tend to remember the knowledge throughout their lives. For example, my friend learnt to make investments and manage accounts during her college days in a practical manner and today she is one of the most renowned chartered accountant of the country. Hence, practical skills are the key to success. On the other hand, inculcating practical skills in the university students is a great way to make them ready for their future as they wil allow them to solve their problems quickly and efficiently. Futhermore, learning institutions only teach theoritcal knowledge which students will not be able to retain it for a long period of time. For example, Millennials do not possess much knowledge to solve real-life problems and generally they suffer most of the time due to lack of practical knowledge. Furthermore, Generation-Z are voraciously inclined towards learning and applying practical knowledge. As a ramification of this, they are much more smarter and intelligent in every aspect of their life than Millennials. To conclude, in my opinion, universities should motivate scholars to learn and inclined themselves towards practical education rather than theortical.

In recent days colleges and universities focus more on theoretical aspect of education rather than a practial approach. This essey, will delve into my own views on weather these institues should educated their students at a practical level. In my view it is crucial for universities and colleges to educate students with practical subject that aligns with their real life aspects. Firstly, the students should be informed about the recent happenings in financial industry rather than what is theoretically stated in past records, which then further exacerbates into some wrong financial decisions. When allowed to have a real life exposure to such practices students are more likely to develop healthy financial practices from an early stage. For instance, when a student is made aware about some financial techniques such as managing accounts or teaching them finacial discipline , the student can develop an early habit to take account of such things. Therefore, the student can be confident and secure with their future planning. Secondly, when colleges and universitis which are entrusted to impart education could help students learn about vartious investment trends , can lead them to practice these as they learn. Further, when someone starts to invest they are forced to learn about the economical aspect of the life as well. For example a person who is taught to invest safely and regularly , can have numerous benefits, further securing their offspring's future. Thus, this could help them lead a life which is financially secured and help them achieve financial freedom. To conclude, I completely agre with the view advised to our colleges and universities to educate their respective students about financial planning at an individual level, involving them to manage their accounts and practice healthy investment techniques.

In todays fast paced world, the primary objective of colleges and universities should be to equip students with skills that translate into real world success. While theoritical knowledge lays a strong foundation, there is no denying that practical skills such as managing accounts , investments and financial literacy are indispensable in the modern era. After all," Knowledge is power", but it's the application of knowledge that drives success. Financial literacy, for instance, is a skill often overlooked in traditional curricula, leaving graduates ill- prepared to handle their personal finances. By incorporating subjects like account management and investment stratigies into their programs, educational institutions can better prepare students for life beyond the classroom. This shift would not only "kill two birds with one stone" by imparting knowledge and practical expertise but also foster financial independence and security among young individuals. On the flip side , critics may argue that the role of colleges is to nurture critical thinking and a broad understanding of the world, rather than focus solely on job specific skills. However , blending theoritical insights with hands-on training would strike the perfect balance. After all," actions speak louder than words" and the ability to apply what is learned in practical scenarios is what truly matters. In conclusion, while traditional education has its merits, universities must embrace the winds of change and adapt their curricula to include practical skills. This approach will not only make students more competent but also ensue they are ready to face the challenges of the real world head-on

Education plays a key role in granting knowledge and skills to people in the long run. And many educational institutions and university are trusted with great faith that these colleges will always provide the lesson of facing reality with enough confidence and courage. I completely agree with the notion, where it is highly important for universities to teach their students many practical skills like managing accounts and investments as a rule of thumb. Earlier, only the theoretical knowledge of accounts and investments for provided to the commerce specialised students. And even with such learnings people struggled to manage their finances post graduation, because of the reality of life. People don't always make the right choices when it comes to money in the real life. Making smart decisions with regard to money is not everyone's cup of tea. There are various aspects that influences a person's money spending behaviour all the times. Thus, it is way too necessary for Universities to pitch in and impart the practical skill of managing finances, so people's struggle in real world is sorted. For instance, Educational institutions can bridge the gap of these learnings, taking fundamental accounting classes to all students in the university. Additionally, universities can invite speakers from investment fields to grant lessons on diversifying funds in the market and various other investment options to understand the impact of money in everyone's lives. To conclude, accounting and investing subjects will always be core subjects to commerce specilisation, and there is so much depth into these concepts than one knows. But at the present, basic knowledge of these subjects are key for making normal financial decisions in one's life.

Colleges and universities demand huge amount of money for providing education to students. Institutions should educate students with practical skills such as managing accounts and investments which will be beneficial for them while, working in corporates. I completely agree with the topic. Colleges and universities demand for lumpsum amount of fees for giving education to students. University includes all kinds of subjects related to the stream but they lack to provide practical knowledge and skills. Individuals should have good knowledge and exposure on their spending. They should be good financial planner and advisor. As inflation is skyrocketing, people should be aware on how much to spend particular month and how much to save. If practical skills are taught them during college days, students would not face any problems in future. As soon as, they started working in corporates and earning they will start investing their funds in various types of schemes available in market such as SIP, mutual funds, retirement policy, health insurance, LIC and many more. If they have knowledge of managing accounts and investments which will be taught them during their college days, they will not spend unnecassarily. Students gets pocket money from parents during their college days and therefore they are not aware about the pain and time it takes to earn money. So, if pratical skills such as managing accounts and investments will be included during their course studies, students will be aware on how to make money and where to invest in order to secure better future.

Colleges and universities play an important role in equpping students with skills necessary in their future endevours. While traditional academic education is vital, there is a growing arguement that these institutions should place greater emphasis on teaching practical skills, such as managing accounts and investments. I strongly agree with this notion, as it better prepares students for real-world challenges and fosters financial independence. Firstly, incorporating practical financial skills into the curriculum equips students with essential tools for life. In today's fast paced world, where financial literacy is crucial, many individuals face difficulties in managing their personal finances. Skills such as budgeting, tax filing and investment planning are rarely taught in unoversities, leaving graduates unprepared to handle financial responsibilities. For instance, young adults often struggle with student loans or credit card debts due to a lack of knowledge about financial managment. By integrating these subjects, educational institutions can ensure that students graduate with a foundational understanding od how to manage their finances effectively. However, it is essential to maintain a balance between theoretical and practical education. Ciritcs argue that universities are centers for advanced learning and should not reduce their focus on theoretical foundations. While this is valid, the two approaches are not mutually exclusive. A curriculum that combines theoretical knowledge with practical applications ensures holistic development. For example, students studying economics could benefit greatly from pracitcal modules on investment strategies, which complement their theoretical learning. In conclusion, prioritizing practical skills like financial managment in colleges and universities is a necessary evolution in education. By doing so, institutions prepare students not only for professional success but also for personal financial stability. A well rounded education that integrates practical and theoretical knowledge is key to meeting the demands of the mordern world.

The topic is regarding the responsiblies of the colleges and universities in educating students with practical knowlege or skills that are beneficial for them in future.On which I completely agree that the students have only therotical knowlege without knowing how to apply them . Taking my college as an example. Firstly students have knowledge of all the computer algorithms and functions which are used in solving problems but don't have any idea of how to use which algorithm when required . Recently we had our practical exam where we were given a task of developing a model based on a table .The table contained two variables (x1 ,x2) and the respective outcome (y). The goal was to predict the outcome y based on the values of x1 and x2 . Here it was understood we had to use simple linear regression model to predict the outcomes . However students who had top the theory exams struggled with the problem implying that they had book knowlege but no practical skills. Moreover students are educated about older technology that has been outdated for a long time therefore have no idea of how to use nowadays applications and machines . I had taken a course in microprocessor where i was taught the working of Pentium processors which have been replaced by i3, i5 i9 chips. Thus i had no working knowledge about these processors additionally information of pentium processor turned out to be useless at they have been removed from the market . For these reasons , I 100 percent agree that the student must be taught how to use their knowlege in real world .The Universities must teach students about real life problems rather that specific book examples preparing them to solve the new problem on their own.

In fast pacing world today that we reside in ,Offering education to large number of young people are considered as main responsibility for universities and colleges.In my opinion, educational institutions should be given chance to impart knowledge to students in specialized courses (such as computer engineering and finance )along with providing formal eductaion which will inculcate good values. On the one hand,universities provide good opportunities for students to learn specific skills related to their interseted domains.This will help them to get good paying jobs in multinational companies which will aid to improve their financial status.Additionally,this can augment economy of the country which further enhanaces youth standard of living.A quintessenatial example would be my cousin who did not enough money to support family in earlier days is now secured a decent job in multinational company after graduating from university.Thus , Universities play important role in shaping people lives. On the other hand, univeristies should focus on inculcating good values in students which will help them to distinguish between good and bad.in other words ,universities should impose strict discipline actions related to punctuality, submitting assignments on time and cultivating learning habits to become ideal citizens .Moreover, with such stringent disciplinary actions,these citizens will become asset to the country in shaping national economy on global stage. Also, government should take necessary steps to provide access to students who are eligible and talented by providing free eductaion.Policy makers should strike a balance between access to university education and allocation of resourses to other areas which are essential for development of the country. In conclusion, i fully agree with the view and firmly belive that the colleges and universities should be given diligent responsibilty to impart education to young people in specialized skill sets.