INSTITUTIONAL ADMINISTRATION: A REVIEW OF MANAGEMENT SKILLS IN ENTREPRENEURSHIP EDUCATION

Entrepreneurship education in universities is, now more than ever, becoming the panacea to the present youth unemployment worldwide. Universities and other tertiary institutions churn out hundreds of graduates every year. Unfortunately, many of these graduates do not have any professional or entrepreneurial skills which can make them stand on their own, and the labour market is already over saturated with job seekers. Institutional administration and Governments, the world over, are now introducing entrepreneurship education whereby undergraduates and postgraduates can learn management skills which can make them become gainfully self-employed. This paper reviews some theories and some of the important entrepreneurship skills which institutions should teach their students. The author suggests some strategies which an entrepreneur can use for utilizing and allocating organization's inputs (men, materials and money) through planning, directing and controlling. Some of the skills required in the teaching of entrepreneurship education are suggested. They include : nancial management, decision and control, personnel, resource management,, marketing, risk and security management, management of uncertainty, computer management, time management and manipulative skills. All these skills are required for a success-prone university's entrepreneurial business venture. These skills are presented as curriculum guides, from sociolinguistic perspective.

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