SBA School of Business

SMALL BUSINESS ANALYSTS SOCIETY of CANADA


STATISTICS FOR FINANCE

Growth Business
Lifestyle Business

STATISTICS FOR STRATEGY

Accounting for Non Accountants
Professional Accountants Serve for Small Business
Business Law Course for Consumers
Professional Level Tax

STATISTICS FOR MARKETING

Marketing for Small Business
Website Build and Graphics for Small Business


Our Economics Department

Legendary economist Adam Smith instructing 3 faculty members:
Russ Roberts – Ha-Joon Chang – James Kwak

Virtually every business school and undergraduate program in business ensures that graduates have taken a series of undergraduate courses in economics, statistics, business law, unspecified social science courses, management science, accounting, taxation and marketing.

The theory is that this “well-rounded education” prepares graduates for a future in business world. We beg to differ. As James Kwak describes in his book ECONOMISM, university graduates leave with only a “knee-jerk” exposure to the concepts of economics. Enough understanding “to be dangerous”- particularly 5 years later when they can only vaguely remember something about efficient markets, comparative advantage, the invisible hand and the concept of supply and demand – but not the assumptions that they’re based on.

Ha-Joon Chang discusses the SWISS PARADOX in his book 23 THINGS THEY DON’T TELL YOU ABOUT CAPITALISM. He refers to the use of universities to filter out job applicants and the concept of degree inflation. These days western nations are investing in post-secondary education on an industrial scale. Unfortunately graduates spend longer in school – but much of their professional skills must still be developed on the job.

LEARNING OBJECTIVES

For his part Russ Roberts discusses the NARRATIVE FALLACY and CONFIRMATION BIAS, concepts which force us to challenge our assumptions about what we think we know.