Imperative of Entrepreneurship Education for University Students: The Case Study of University of Ibadan

Abstract

The renewed interest in the study and practice of entrepreneurship in the 21st century is
due to its potency to create business, boost productivity, and increase wealth, as well as
its capacity to effect positive change in market or industry structure in particular and the
society in general. Entrepreneurship education became compulsory for all
undergraduates of Higher Educational Institutions in Nigeria effective from 2007/2008
academic session with a view to re-orientating graduates towards entrepreneurial selfefficacy, value creation and self-employment. This study assesses the beneficial impact of
entrepreneurship education on University of Ibadan (UI) students. The research deploys
both theoretical and conceptual frameworks of Entrepreneurship, and follows the trends
in entrepreneurship value and development. A population of all students who have passed
through GES 301, both GES 301 and ETR 301, or are doing M.Sc. in Entrepreneurship
was involved. Samples were drawn using the purposive sampling technique via an online
survey, created through Google Forms. A sample size of one hundred and two was
involved. The research findings justify the inclusion of entrepreneurship education in the
curricula of UI.