Bachelor of Commerce

(Special) Degree in Business Technology

Student Association of Business and Technology – Department of Commerce and

Finance Management, University of Kelaniya

Bachelor of Commerce (Special) Degree in Business Technology

Student Association of Business and Technology – Department of Commerce and Financial Management, University of Kelaniya

Introduction to Bachelor of Commerce (Special) Degree in Business Technology.

• What is Business Technology?

ince the beginning of the industrial revolution and market driven economy, business management has

became more and more scientific in nature. Technology is defined as the application of scientific knowledge for practical purposes, especially in industry. Even though the present understanding of "Business Technology" limited to the information systems, database management, software engineering and usage of information technology in organizations, application of technology in business are not necessarily limited to those high tech functions. More and more scientific and hence technology in nature.

Application of science in business function has made the drastic changes in modern business world. Business are running based on scientific management, management by objectives, knowledge

management, total quality management, six sigma, balance score card, supply chain management, operational research, E-Commerce, E-Business and even E-Accounting.

On the other hand, continuous product and process invention and innovation have become not only a source of competitive advantage for the business; it is rapidly becoming basic survival tools in global business world. Hence innovation management, innovation development, intellectual property protection have become integral functions in modern businesses.

Therefore, application of scientific and technological products and processes in all aspects of business operations and functions has made the functional cells of business organization technology driven functions. Therefore, future entrepreneurs, managers, consultants, researchers, and educators should understand the technology of modern business functions.

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Bachelor of Commerce (Special) Degree in Business Technology

Student Association of Business and Technology – Department of Commerce and Financial Management, University of Kelaniya

• Why Business Technology?

Unlike Bachelor of Commerce degrees almost all the other business management degrees make you specialized in single functional area of business organizations such as General management, Accounting, Marketing, Human resource management, Finance and Information Technology. However, as bachelors degree students you may not known exactly what is your career interest, what kind of job will suit you, and opportunities to switch through careers. Then again if you do not have clearer career path, traditional specialized first degree programs at least limit your starting career options. Even though not all degree holders not doing the post graduate studies in Sri Lanka, post graduate degrees are the best opportunity to specialize in your interested area. If you followed specializes degree then selection of post graduate studies also will influenced.

Bachelor of Commerce (Business Technology) degree is a hybrid degree that covers modern business, technology and innovation neurons of business organizations. It will apparently explain the aspects of present traditional business organizations, but it uniquely addresses

the emerging technological aspects of business. Hence the student will be able to receive superior knowledge and understanding they can get from any other business degree program available in Sri Lanka.

• Mode of learning BT.

Apart from the common requirements of the department of Commerce and Financial Management degree programs, Business technology Degree program uniquely balanced with classroom lectures and vast degree of practical and hands on experience learning. Classroom lectures will enhance with multimedia presentations, documentaries and films. Time to time students will get the opportunity to listen to Sri Lankan business leaders and Sri Lankan Inventors.

Students will have opportunity to contact with external entities that have influence to modern business operations such as intellectual property office, inventor’s commission and financial institutes. Student will be able to learn key elements of information technology, computer based business applications such as e-accounting, database

Bachelor of Commerce (Special) Degree in Business Technology

Student Association of Business and Technology – Department of Commerce and Financial Management, University of Kelaniya

development and technology management in organizations.

At the later stage of the studies student will be asked to work with their selected technological inventors and select one invention and make that invention to develop a marketable product. If the funding sources are available then they will be asked to actually launch the product to the market. During this process students are expected to understand and overcome the practical problems and issues of technological product development and marketing.

• Qualities required to Study Creative and innovative students, who

have the will power and patience to think beyond the traditional teaching and learning environment, especially the students who like to start their own business and like to involve in technological innovations are always welcome.

Related Websites to understand the importance of learning Business Technology.

Future Focus: Business Technology www-304.ibm.com/businesscenter/cpe/download0/.../FF_White_Paper.pdf Five hot Business Technology trends to watch in 2011 http://www.zdnet.com/blog/btl/five-hot-business-technology-trends-to-watch-in-2011/43096 Essay on influence of Technology in Management http://www.essays.se/about/influence+of+technology+in+management