Holy Angel University Book-Smart or Street-Smart Past Paper PDF

1 HOLY ANGEL UNIVERSITY Book-Smart or Street-Smart: Level of Value of a Bachelor's Degree and Practical Experience in Managing a Business of Grade 12 Students at Holy Angel University A Research Presented to the Basic Edu...

1 HOLY ANGEL UNIVERSITY Book-Smart or Street-Smart: Level of Value of a Bachelor's Degree and Practical Experience in Managing a Business of Grade 12 Students at Holy Angel University A Research Presented to the Basic Education Holy Angel University Angeles City In Partial Fulfillment of the Requirements for Practical Research 2 Bansil, Kaizer Prince B. Buan, Phoenix Acesa M. Cabongan, Irishea S. Castilan, Sophia Alexis D. Del Rosario, Jasmine A. Madera, Precious Anne A. Masiclat, Yohana Elys Panlican, Marie Joy V.  2 HOLY ANGEL UNIVERSITY TABLE OF CONTENTS Title Page………………………………………………………………………………. 1 Table of Contents……………………………………………………………………… 2 List of Figures…………………………………………………………………………. 3 Abstract…….……………………………………………………………….…………. 0 Introduction Background of the Study………………………………………………………. 4 Review of Related Literature…………………………………………………… 6 Review of Related Studies……………………………………………………… 12 Research Framework…………………………………………………………… 17 General Purpose Statement…………………………………………………...… 19 Specific Statement of the Problem……………………………………………… 19 Scope and Delimitation….……………………………………………………… 20 Significance of the Study..……………………………………………………… 21 Method Research Design………………………………………………………………. 0 Result Themes:………………………………… …………………………………... 0 Discussion……………………………………………………………………………… 0 Conclusion……………………………………………………………………… 0 Recommendations……………………………………………………………… 0 References…………………………………………………………………………….. 23 Appendices Appendix A: Instrument…………………………………………... 0  3 HOLY ANGEL UNIVERSITY List of Figures Figur Page e 1 Research Paradigm…………………………………………….…… 19  4 HOLY ANGEL UNIVERSITY Book-Smart or Street-Smart: Level of Value of a Bachelor's Degree and Practical Experience in Managing a Business of Grade 12 Students at Holy Angel University Introduction A common question that a senior high school or a first-year college student asked was, “Can I succeed without college or without finishing college?" Throughout the years, education has been tougher and so has life. Central Michigan University (n.d.) claimed that the following are the advantages of having a bachelor's degree: personal development and growth, developing communication skills, networking opportunities, better career opportunities, and higher earning potential. On the other hand, Simpson (2022) showed the advantages of having hands-on experience in business, such as when an organization that embraces experimentation can expect to improve their decision-making and do so on a sustainable basis. There has been plenty of discussion about the relative importance of formal education and practical experience in the field of business management. Hence, this study focuses on how grade 12 students at Holy Angel University perceive entrepreneurial success and attempts to measure the relative value of a bachelor's degree versus practical experience. A lively industrial area in the Philippines, Angeles City, offers a unique setting for this study considering the changing environment and wide range of businesses. Their jobs usually deal with a complex mix of both formal and informal business operations, dealing with a challenging balancing act. Developing successful educational and professional development strategies requires an understanding of how these entrepreneurs value formal education concerning real-world experience. The Philippine Statistics Authority (PSA) conducted a study in 2020 and found that 21% of Filipinos hold a bachelor's degree, while 16% are undergraduates  5 HOLY ANGEL UNIVERSITY with only a high school degree, and only 3% of Filipinos never had any level of education. The tuition and the other costs in school make it difficult for many people who cannot afford it to pursue higher education, so some people place a higher value on real-world experience than on formal education. In order to determine how formal education and real-world experience affect students' entrepreneurial skills, this study will gather and examine numerical data by assessing students' level of perceptions, the factors influencing their views, and their level of perceptions of the benefits and drawbacks of each. The study hopes to provide significant insights into the value of academic credentials and practical experience in preparing students for future business endeavors. The findings will contribute to the broader discussion regarding the significance of formal education for successful entrepreneurship and guide professional and educational development strategies. According to research done in a variety of settings, education is essential for developing entrepreneurial and business skills. These studies provide insight into the many effects of educational approaches on entrepreneurial success, ranging from developing young students' practical business knowledge to assessing the efficacy of management education. As Hardie et al. (2020) discovered that, in contrast to their counterparts who were not trained, young pupils (ages 13–16) who received entrepreneurship training from teachers and outside providers were able to acquire a practical understanding of business. According to Ashok, Kumar, and Sar (2017), management education and entrepreneurial success among Indian graduates have a positive relationship, highlighting the importance of human capital in developing interpersonal, group, and personal abilities. On the other hand, Baba, Baba, and Iwuoha (2021) found that business  6 HOLY ANGEL UNIVERSITY students at Nigerian polytechnics lacked some small-scale business abilities, indicating that their education was inadequate for managing small businesses. This literature review focused on the level of perception on the value of a bachelor’s degree and practical experience of grade 12 students at Holy Angel University. The gathered relevant literature will comprehensively explore five (5) factors that discuss the chosen literature and the topic the researchers aim to address. First, “the importance of education,” Khoury, and Omran (n.d.) argued that education imparts essential skills, experience, and innovation, enhancing business success. The study highlighted the advantages of technology in making education more accessible and its impact on preparing students for effective business management. Second, “the relevance of business education,” Hardie et al. (2020) discussed how business education helped individuals gain practical experience and avoid confusion in real-world business scenarios. Third, “the impact of business education,” Saah (2022) stated that ongoing education and training are essential for long-term success and skill maintenance despite challenges such as immediate employer demands. Fourth, “the conflict of business education,” according to Hardie et al. (2020), this factor addressed the challenges faced in business education, such as economic disruptions, financial difficulties, and lack of motivation among students. Lastly, “the benefits of business education,” Lopena et al. (2023) and Shen et al. (2020) explored how a bachelor’s degree provided a competitive edge and career growth opportunities. The study highlighted that some fields might not require a degree, having one can significantly enhance employability and career advancement, trends and demands. Importance of Education The value of education in the business industry is also known as entrepreneurial education. An education that revolves around the knowledge, skills, and traits relating to the  7 HOLY ANGEL UNIVERSITY entrepreneurial business toward a student’s success, including curriculums and training that helped to practice the students in the business. Through this approach, the students obtained skills, and experience which also improved one’s mentality by learning and practicing the curriculum of education (Wishnu et al., 2020). Additionally, Khoury and Omran (n.d.) stated entrepreneurial education had a role in business which had an impact on improving the essential skills that bring effectiveness to become successful entrepreneurs such as small business owners, enriching the principle of innovation of their business by using knowledge through education, resulting in innovative and competitive advantages. In other words, the role of education in business is to learn the essential skills needed and experience through training to create a bigger advantage in building a business. In today’s generation, technology has been a great help including expanding the education system to be accessible with technology, particularly online education, this has become increasingly favored as it is known for its flexibility in education. Wherein, despite all the limitations such as geographical constraints, people were able to access education regardless of background or circumstances. Moreover, that business education was fully accessible to other people with the help of technology. To add, this led to the impact on the business based on the study which showed that the perspective of obtaining competence through education for the preparation of the business is critical to become successful (Furbani et al., 2024; Lopena et al., 2023). Relevance of Business Education In a matter of relevance of education in the business industry, it was shown that business education serves as a foundation of the business. As Hardie et al. (2020) added the relevance of education to business enables them to learn by familiarizing the experience of business by training, preventing them from being confused in business in real life. For instance, a comparison  8 HOLY ANGEL UNIVERSITY of 142 students with the age ranges of 13-16 years old who were trained in entrepreneurship by teachers and hired by external enterprise education providers while 186 students were not. To summarize, based on the given comparison, the students that have a background in business education are more likely to be knowledgeable when it comes to business. Impact of Business Education Considering today’s fast-changing business world, education is relevant to the success of businesses. Education assists leaders and employees in learning to plan effectively, analyze risks, design products and services, and manage technology and production processes. Education provides skills essential for entrepreneurship and career growth and is vital in eliminating corruption and law violations in business and entrepreneurship. Higher education improves career prospects and the ability to achieve business goals (Beridze & Surmanidze, 2023). However, the demands of employers often focus on immediate needs rather than the long-term skills that benefit both industry and society as a whole. This focus sometimes compromised academic standards and ethical values. Through education, operators and employees properly created a business such as analyzing the risks and threats accurately, analytical thinking, and the production process. The value of education levered to prevent corruption and law violations in business and entrepreneurship (Beridze & Surmanidze, 2023; Lee et al., 2014). To support this, Saah (2022) concludes that education and training increased the factors in terms of success by upgrading, and maintaining skills, knowledge, and attitudes throughout their working lives. Conflict of Business Education Despite the advantages of education in the business industry, mishaps or disadvantages cannot be avoided in business education. Industries identified as potential popular users have been avoided, global trade chains have been disrupted, manufacturing has stopped and resumed,  9 HOLY ANGEL UNIVERSITY borders have been closed, severely damaging the tourism and hospitality industries, and businesses have been closed beyond their ability to reopen, continuing decline of the global economy raised the rate of unemployment as household budgets became more restrictive (Hardie et al., 2020). The significant number of students who were allegedly found to lack intrinsic competence and motivation for developing their learning while at home was concerning. In addition, according to the Organization for Economic Cooperation and Development’s (OECD) "Employment Outlook 2019" study, young people were more likely than individuals in other age groups were underpaid and underemployed, especially due to lack of education. Indicated employees and owners of small businesses experience financial challenges due to a lack of knowledge and an unwillingness to acquire basic entrepreneurial skills and business data, which resulted in low levels of entrepreneurship and a high failure rate among small and medium enterprises, which led to a need for more human capital education and training in South Africa (Saah, 2022). A shortage of basic competencies has also led to widespread unemployment among graduates, supporting Saah’s (2022) point of view, several issues, including a lack of funding, insufficient information technology (ICT) resources, a poor industry partnership for business education, and a lack of qualified and dedicated business educators, made it more difficult for business education to provide students with the necessary skills. Benefits of Business Education However, on the opposite side of education, there were still benefits to pursuing entrepreneurial education to achieve a successful business such as potential career growth, employability skills, improvement through programs, etc. For instance, in the Philippines, job markets had become more complicated over time as the higher education institutions (HEIs) realized that it is no longer necessary to have a bachelor’s degree to give graduates a competitive  10 HOLY ANGEL UNIVERSITY edge which allowed them to hold positions in their chosen fields compared to their peers. Local universities must assess the postgraduate curriculum landscape considering the 21st century's rapid developments in education and the methods by which these graduate programs have assisted graduates in pursuing their careers in the job market. This is made necessary by the implementation of Commission on Higher Education (CHED) Memorandum No. 15, Series of 2019, which addressed government-backed promulgation of policies, standards, and guidelines for graduate programs (Lopena et al., 2023). Different studies showed that there is a difference in income between a college and a high degree. Such as in law or medicine, requiring a degree is necessary in some fields to have a career progression and increased salary. From a different perspective, a musician or an artist does not need a degree, rather, it is based on their talents. Meaning, that having a bachelor’s degree depends on what fields people pursue. However, in terms of business, this gave an upper hand as Lee (2014) commented that graduate employability has become the primary focus of higher education due to pressure from employers, governments, and students in universities to produce employable graduates to develop skills focused on employment. Universities aim to provide students with a meaningful education, prepare them for long-term careers, and ensure that graduates have the skills employers seek in the highly competitive labor market (Shen et al., 2020). In conclusion, the previously listed related studies have demonstrated that education influences how various business owners manage their businesses. Accordingly, having a bachelor's degree had a big impact on operating a business. In general, education is the foundation that supports the growth of critical thinking, encourages creativity, and propels socioeconomic advancement. Within this wide range, business education stands out as being especially important since it is essential to giving people the information and abilities needed to  11 HOLY ANGEL UNIVERSITY navigate the variety of modern economies. The way that business education met the changed demands of the global marketplace demonstrated its relevance, offering important insights into market trends, strategic management, and operational efficiency, as economies grow more connected and competitive. This allowed people to assess and react to changes in the economy, which promoted strategic planning and informed decision-making. The increased focus on business education in universities and professional development programs across the globe were evident of their significance. Business education had an important impact on economic growth and organizational success, in addition to improving individual careers. Graduates at business schools frequently supported initiatives to encourage entrepreneurship, innovate, and help businesses expand—all of which are essential for the economy's health and the creation of jobs. The abilities obtained with a business degree, such as problem-solving, leadership, and financial intelligence, are essential for advancing one's career as well as making a larger economic impact. However, there are conflicts and difficulties in the field of business; industries have been avoided, global trade networks have been disrupted, production has stopped and resumed, borders have been closed, severely damaging the travel and hospitality sectors, and companies have been closed for an extended period. Due to a lack of understanding and refusal to learn fundamental entrepreneurial skills and business knowledge, few small business owners and employees face financial difficulties, which has decreased entrepreneurship and increased the failure rate of small and medium-sized businesses. The advantages of a business education were significant and varied, despite these difficulties, it gave people a strong foundation for comprehending and interacting with the business world, developing essential abilities that are applicable to many industries, and improving employment and career opportunities. Additionally, by training people to lead with integrity, innovate responsibly, and support  12 HOLY ANGEL UNIVERSITY economic stability, businesses advance society as a whole. It is evident that a bachelor's degree is generally important, even though there are still discussions and opportunities for development in different fields, it is essential for developing successful leaders, promoting economic growth, and preparing people for the opportunities and difficulties of the current business community. To maximize the field's benefits and resolve its natural conflicts, it required constant evaluation and adaptation as it developed. Furthermore, to gain an in-depth understanding of the level of perception on the value of a bachelor’s degree and practical experience of grade 12 students at Holy Angel University, the following studies have explored various topics that correlate to comprehending the value of a bachelor’s degree and practical experience. The following studies have been conducted by various participants with different demographics and places, resulting in gaining different perspectives on the value of the attainment of a bachelor’s degree in the field of business based on their experience, skills, knowledge, and how it affects their managerial ability in the business. Additionally, these aim to further assess the level of perception of grade 12 students on the value of a bachelor’s degree and practical experience. Analyzing these studies provides an understanding of the factors that contribute to developing strategies to manage a business. A study in 2017 that Norton and Martini conducted, titled Perceived Benefits of an Undergraduate Degree, investigated what Canadian undergraduate students perceive as the advantages of earning their degree. The study used a fixed-point-total method for collecting data on expected benefits and involved two participant groups from a mid-sized Canadian university. The first group comprised eighty-seven fourth-year psychology majors, while the second group included two hundred and three students from an introductory psychology course. The findings indicated that undergraduates find the employment-related benefits of their degree particularly  13 HOLY ANGEL UNIVERSITY significant and that student engagement is higher when students believe their degree aligns with their learning goals. The study also highlighted the need for instructors to clearly integrate career-related skills into coursework, as students may not always recognize how their coursework skills translate to the job market. The analysis showed no significant differences between the responses of the two groups on any of the 15 benefit items tested, suggesting that neither hypothesis related to personal epistemology nor goal focus was supported. Another research study in 2017 titled The Influence of Management Education on Entrepreneurship Success by Ashok, Kumar, and Sar aims to investigate the relationship between management education and business success in India. It was conducted through a survey via Google Forms and was given to the five hundred and two graduates from Kalinga Institute of Industrial Technology (KIIT) School of Management as the focused participants of the study in India. The data were analyzed by utilizing statistical analysis software (SPSS) for their validity and reliability. It is also tested through factor analysis and reliability tests to identify various dimensions, as measured by different dimensions such as personal skills, interpersonal skills, group skills, and entrepreneurship success. The results show evidence of the value for individuals and organizations that the theory of human capital shows among the students from the KIIT School of Management in India. Moreover, The Impact of Entrepreneurship Training on Entrepreneurial Efficacy and Alertness among Adolescent Youth, a quasi-experimental study conducted in 2018 by Chan et al. Three hundred sixty-five students from various Singaporean schools, ages 13 to 16, participated in the study to find out how beneficial it is to teach entrepreneurship to secondary school students. A two-wave survey found that participants in the program had considerably higher levels of entrepreneurial efficacy and alertness than those who were not, indicating that the  14 HOLY ANGEL UNIVERSITY training can prepare young people for entrepreneurship and foster positive attitudes towards the concept. In relation, a research study made in 2019 titled Entrepreneurial Competencies in a Higher Education Business Plan Course by Garcia, Lara, and Lopez determines whether the business plan typology influences students' acquisition of entrepreneurial competences and evaluates the impact that business plan creation has on the growth of students' entrepreneurial competencies. To determine whether the variable has any bearing on students' development of entrepreneurial competence, the study employed a comparative analysis. Three hundred and six business administration and management students' data were gathered in the second semester of 2014–2015 academic year and in both 2015–2016 academic years. These individuals belonged to the UOC, or Universitat Oberta de Catalunya. The findings demonstrated that the perception and achievement of entrepreneurial competence through preparing a business plan are very high. With a different argument, Wishnu et al. conducted a study in 2020 titled The Impact of Entrepreneurship Education and Students' Entrepreneurial Mindset: The Mediating Role of Attitude and Self-Efficacy, which aims to assess how entrepreneurial education influences students' entrepreneurial mindsets and the mediating roles of attitude and self-efficacy. Utilizing a quantitative research method, the study employed convenience random sampling with three hundred ninety students from various universities in Malang, East Java, Indonesia, out of which three hundred seventy-six valid responses were analyzed. The findings revealed that entrepreneurship education positively affects both entrepreneurial attitude and self-efficacy, which in turn enhances the entrepreneurial mindset. The study suggests curriculum improvements, such as incorporating more practical fieldwork and practitioner-led instruction, and recommends involving a broader range of universities in future research to increase generalizability. Conversely, Baba, Baba, and Iwuoha (2021) conducted a research study titled  15 HOLY ANGEL UNIVERSITY Assessment of Small Scale Business Skills Acquired by Business Students at the North-Central Polytechnics, Nigeria. The purpose of the study was to evaluate the technical, managerial, and interpersonal abilities that business students have learned on a small scale. A descriptive survey design, which is frequently employed in quantitative research, was used for this study. The previously mentioned design was used in the study to enable the collection of a sizable amount of data from a large population. A total of three hundred sixteen business students provided the data, making up the sample size of 153. Ten polytechnics in north-central Nigeria were represented by these participants. The findings pointed out that business students from various polytechnics had a poor level of knowledge acquisition that would not permit them to manage small-scale enterprises successfully. Specifically, a literature review done by Polgon in 2024, titled Attractiveness of Online Education Programs, emphasizes how formal education gives students the knowledge that is needed to be able to manage businesses, and it was found that formal education is an essential support for business performances. The research, which is a literature review analysis with qualitative-quantitative descriptive forms, constitutes its findings in thirty-four articles that are reflected on. Supporting entrepreneurship education at the level of higher education may provide a remarkable incentive for more extensive entrepreneurial activities in the economy. Hence, Khoury and Omran (n.d.) wanted to determine whether entrepreneurship education enhances entrepreneurial abilities and venture effectiveness in their study titled, Does Entrepreneurship Education Have a Role in Developing Entrepreneurial Skills and Venture Effectiveness? The authors randomly selected one hundred seven current and potential business owners from databases of entrepreneurship education and academic records in the United States. Based on the survey, the researchers identified the key success factors for entrepreneurs, such as psychological  16 HOLY ANGEL UNIVERSITY traits, managerial skills, and environmental factors. Moreover, hypotheses were developed and tested through a survey of one thousand one hundred seventy entrepreneurs and prospective entrepreneurs in the US, measuring variables like motivation, success factors, and organizational effectiveness. As a result, the study discovered that social competence and education are more significant than political or governmental assistance and that psychological characteristics, management abilities, and environmental elements are critical for success. Similarly, Choo et al. (n.d.) conducted a study titled, College Degree vs. Experience, to examine if aviation industry workers in Florida who have a college degree earn higher salaries over their careers compared to those without a degree. The research analyzed data from one hundred employees using T-test analysis, LinkedIn data, ANOVA, and regression analysis. The findings indicated that college graduates generally earn more, suggesting a need for increased government subsidies to offset the high cost of higher education. They used a T-test analysis to compare salaries between degree holders and non-degree holders, an ANOVA to explore the impact of work experience and job positions on salary, and regression analysis to identify trends and factors affecting salary. With significance, Dumciuviene and Startiene (n.d.) conducted a study, Explaining Entrepreneurial Intention of University Students: The Role of Entrepreneurial Education, which looked at the relationship between entrepreneurship education and university students' goals for starting their own businesses. The researchers conducted a survey among undergraduate students in mechanical engineering and economics programs at several Lithuanian universities and analyzed them through a comparative analysis to examine differences in entrepreneurial intentions between these two groups. Statistical tests such as Cronbach’s alpha and Kendall’s coefficient of concordance were employed to measure reliability and assess the strength of agreement among respondents. According to the survey, a significant number of  17 HOLY ANGEL UNIVERSITY students are oriented toward entrepreneurship: 77% of students studying economics and roughly 70% of students studying mechanical engineering. This suggests that education has a beneficial impact on students' entrepreneurial inclinations. To conclude, based on the given studies relating to the research, it is shown that obtaining a bachelor’s degree as a grade 12 student can bring advantages to manage a business. Whereas, it would be a great asset, such as gaining skills and experience that could be beneficial in the business industry and serve a useful purpose that would bring a business success. According to the various studies mentioned, undergraduates, students, and employees from various countries can gain insight into business due to the educational background that was given. Despite the conflicts and disadvantages of pursuing a business education, there are some innovations and alternative ways to pursue it, such as technology in the attainment of a bachelor’s degree. Therefore, assessing the level of perception of grade 12 students regarding the value of a bachelor’s degree and practical experience would gain insight into the value of business education in managing a business. Various theories could explain the value of a bachelor’s degree or practical experiences among grade 12 students, such as Social Learning Theory by Albert Bandura, Human Capital Theory by Gary Becker and Theodore Schultz, or Vroom’s Expectancy Theory of Motivation by Victor Harold Vroom, but the Self-Efficacy Theory by Albert Bandura will support this present study. Lopez-Garrido (2023) stated that Bandura’s self-efficacy theory is a person's unique set of beliefs that influence how successfully they can carry out a plan of action in potential scenarios. More simply stated, self-efficacy is an expectation that one can succeed in a given  18 HOLY ANGEL UNIVERSITY scenario. The focus of self-efficacy theory is on how communities and people can give a sense of control that will help them achieve their goals (Gallagher, 2012). Strong self-efficacy promotes obtaining a bachelor's degree, which gives one an advantage in the real world, but low self-efficacy may push those who are now in or soon to be in businesses to rely more on practical experience. The self-efficacy theory is an individual's particular set of beliefs that affect their ability to execute a plan of action in various situations. It focuses on how individuals and groups can provide a sense of control that will enable them to accomplish their objectives. The theory is in line with the purpose statement, which is to assess the level of value of a bachelor’s degree or practical experience among grade 12 students based on the factors that influence them and how it could affect their set goals and decision-making; this implies that students’ have a direction whether to pursue their studies or not. Applying the theory to the value of a bachelor’s degree or practical experience, the students have their own beliefs and experiences that would result in their decision, having a sense of control over their goals or objectives. The researchers utilized the input-process-output method to develop the conceptual framework of their investigation. From the table below, the input consists of the level of importance of pursuing a bachelor’s degree and gaining practical experience of SHS students, factors influencing the preference of grade 12 students’, and the level of perceived advantage and disadvantage of pursuing a bachelor’s degree and gaining practical experience of grade 12 students. Alongside, the input consists of the collection and analysis of data. Lastly, the output comprises the level of value of a bachelor’s degree versus practical experience of Grade 12 students at Holy Angel University.  19 HOLY ANGEL UNIVERSITY Figure 1. Book-Smart or Street-Smart: The Level of Value of Bachelor's Degree and Practical Experience in Managing a Business of Grade 12 Students at Holy Angel University This quantitative study aims to examine the level of value of a bachelor’s degree versus practical experience in managing a business of grade 12 students at Holy Angel University. Specifically, the study seeks to assess the students’ preferences, the factors influencing their views, and their level of perceptions of the advantages and disadvantages of each. The general objective of the present study is to discover the value of a bachelor’s degree and practical experience of grade 12 students at Holy Angel University. Specifically, it aimed to answer the following: 1. What is the level of importance of a bachelor’s degree for grade 12 students?  20 HOLY ANGEL UNIVERSITY 2. What is the level of importance of practical experience on grade 12 students? 3. What factors influence the preference of a bachelor’s degree or practical experience among grade 12 students in terms of: a) Educational factors, b) Socioeconomic factors, c) Demographic factors. 4. How do grade 12 students perceive the level of advantages and disadvantages of pursuing a bachelor’s degree and gaining practical experience in terms of: a) Level of perceived advantage of pursuing a bachelor’s degree, b) Level of perceived disadvantage of pursuing a bachelor’s degree, c) Level of perceived advantage of gaining practical experience, d) Level of perceived disadvantage of gaining practical experience. This study aims to assess the value of a bachelor’s degree versus practical experience in business management of grade 12 students of Holy Angel University. The research focuses on exploring students’ preferences, the factors influencing their views, and the perceived level of advantages and disadvantages of both education and experience. The scope of the study is limited to grade 12 students enrolled at Holy Angel University. Data will be collected through surveys that evaluate the students' level of importance of formal education versus hands-on experience in business management. The study will not consider students from other educational levels. Furthermore, the study will focus on the perceived value of formal education and practical experience, not on actual employment or educational outcomes. The research will rely  21 HOLY ANGEL UNIVERSITY on self-reported data from participants, which may be subjected to biases based on their personal experiences, beliefs, or socio-economic status. Thus, the study does not seek to analyze the long-term impact of either formal education or practical experience on entrepreneurial success but rather how students currently perceive these factors as influencing their career paths. The study will be conducted to know the level of value of a bachelor's degree and practical experience in managing a business of grade 12 students at Holy Angel University, as it will provide valuable information that guides decisions regarding education and career planning, which holds importance to various stakeholders. The result of the study will benefit the following: To senior high school students of Holy Angel University, this study will help students to make well-informed decisions that allow students to make better choices and choose courses of their interest or meet certain goals. They will also appreciate the role of enhancing non-formal experiences that include volunteerism, internships, and vocational training, among others. Students will be able to make proper decisions about their education and job as they will have gained sufficient knowledge of how certain decisions can shape their future. To educational institutions, this study would be helpful for educational institutions in understanding students’ changing needs and expectations. In order to achieve a supposed positive change in relation to the kind of activities that schools present to students, the latter may make adjustments by using the information at hand in order to prepare students for the workforce and preferences. To better prepare students for the workforce, schools can use the data to modify their activities. Thus, educational institutions are able to stay updated and ensure that, having achieved their academic goals, students come out with the skills and knowledge that would be  22 HOLY ANGEL UNIVERSITY required in the current workplace, thereby raising the standard of education and increasing students efficiency at workplaces. To business entrepreneurs, they can use this study to help them identify and hire skilled individuals who are ready for the position. Through a deeper understanding of young professionals' skills, the study's findings can assist both local and national businesses to make better hiring decisions. Businesses may locate the right candidates more quickly and make sure they are hiring people with the skills necessary for success by knowing what skills are generally found in the workforce.  23 HOLY ANGEL UNIVERSITY References Baba, E., I., Baba, D. D., & Iwuoha, C. U. (2021, July 17). Assessment of Small Scale Business Skills Acquired by Business Students in the North-Central Polytechnics, Nigeria. https://journals.rcmss.com/index.php/jggsda/article/view/132 Bourke, B. (n.d.-b). Positionality: reflecting on the research process. NSUWorks. https://nsuworks.nova.edu/tqr/vol19/iss33/3/ Building practice into the curriculum to boost employability. (2014). https://www.managers.org.uk/~/media/Files/PDF/21st_Century_Leaders_June2014.pdf Chi, C. (2023, July 10). 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