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A business school is a university-level institution that confers degrees in business administration or management. According to Kaplan business schools are "educational institutions that specialize in teaching courses and programs related to business and/or management". Such a school can also be known as school of management, school of business administration, or colloquially b-school or biz school. A business school teaches topics such as accounting, administration, strategy, economics, entrepreneurship, finance, human resource management, management science, management information systems, international business, logistics, marketing, organizational psychology, organizational behavior, public relations, research methods and real estate among others.

There are several forms of business schools, including a school of business, business administration, and management.

1. Most of the university business schools consist of faculties, colleges, or departments within the university, and predominantly teach business courses (e.g. Mannheim Business School).
2. In North America, a business school is often understood to be a university program that offers a graduate Master of Business Administration degrees and/or undergraduate bachelor's degrees (e.g. Harvard Business School).
3. In Europe and Asia, some universities teach predominantly business courses (e.g. Copenhagen Business School).
4. Privately owned business school which is not affiliated with any university (e.g. WHU-Otto Beisheim School of Management).

Kaplan classifies business schools along four Corners:

1. Culture (Europe - US): Independent of their actual (physical) location, business schools can be classified according to whether they follow the European or the US model.
2. Compass (international/global – regional/local): Business schools can be classified along a continuum, with international/ global schools on one end and regional/ local schools on the other.
3. Capital (public – private): Business schools can either be publicly (state) funded or privately funded, for example through endowments or tuition fees.
4. Content (teaching – research): Business school can be classified according to whether a school considers teaching or research to be its primary focus.

Some business schools structure their teaching around the use of case studies (i.e. the case method). Case studies have been used in Graduate and Undergraduate business education for nearly one hundred years. Business cases are historical descriptions of actual business situations. Typically, information is presented about a business firm's products, markets, competition, financial structure, sales volumes, management, employees and other factors influencing the firm's success. The length of a business case study may range from two or three pages to 30 pages, or more.

Students are expected to scrutinize the case study and prepare to discuss strategies and tactics that the firm should employ in the future. Three different methods have been used in business case teaching:

1. Preparing case-specific questions to be answered by the student. This is used with short cases intended for Undergraduate students. The underlying concept is that such students need specific guidance to be able to analyze case studies.
2. Problem-solving analysis is the second method initiated by the Harvard Business School which is by far the most widely used method in MBA and executive development programs. The underlying concept is that with enough practice (hundreds of case analyses) students develop intuitive skills for analyzing and resolving complex business situations. Successful implementation of this method depends heavily on the skills of the discussion leader.
3. A generally applicable strategic planning approach. This third method does not require students to analyze hundreds of cases. A strategic planning model is provided and students are instructed to apply the steps of the model to six – and up to a dozen cases – during a semester. This is sufficient to develop their ability to analyze a complex situation, generate a variety of possible strategies and to select the best ones. In effect, students learn a generally applicable approach to analyze cases studies and real situations. This approach does not make any extraordinary demands on the artistic and dramatic talents of the teacher. Consequently, most professors are capable of supervising the application of this method.

In contrast to the case method some schools use a skills-based approach in teaching business. This approach emphasizes quantitative methods, in particular operations research, management information systems, statistics, organizational behavior, modeling and simulation, and decision science. The leading institution in this method is the Tepper School of Business at Carnegie Mellon University. The goal is to provide students a set of tools that will prepare them to tackle and solve problems.

In addition to teaching students, many business schools run Executive Education programs. These may be either open programs or company-specific programs. Executives may also acquire an MBA title in an Executive MBA program within university of business or from top ranked business schools. Many business schools seek close co-operation with business.

Virginia (/vərˈdʒɪniə/ (listen)), officially the Commonwealth of Virginia, is a state in the Southeastern[5] and Mid-Atlantic[6] regions of the United States located between the Atlantic Coast and the Appalachian Mountains. Virginia is nicknamed the "Old Dominion" due to its status as the first English colonial possession established in mainland North America[7] and "Mother of Presidents" because eight U.S. presidents were born there, more than any other state. The geography and climate of the Commonwealth are shaped by the Blue Ridge Mountains and the Chesapeake Bay, which provide habitat for much of its flora and fauna. The capital of the Commonwealth is Richmond; Virginia Beach is the most populous city, and Fairfax County is the most populous political subdivision. The Commonwealth's estimated population as of 2018 is over 8.5 million.[8]

The area's history begins with several indigenous groups, including the Powhatan. In 1607 the London Company established the Colony of Virginia as the first permanent New World English colony. Slave labor and the land acquired from displaced Native American tribes each played a significant role in the colony's early politics and plantation economy. Virginia was one of the 13 Colonies in the American Revolution. In the American Civil War, Virginia's Secession Convention resolved to join the Confederacy, and Virginia's First Wheeling Convention resolved to remain in the Union; that led to the creation of West Virginia. Although the Commonwealth was under one-party rule for nearly a century following Reconstruction, both major national parties are competitive in modern Virginia.[9]

The Virginia General Assembly is the oldest continuous law-making body in the New World.[10] The state government was ranked most effective by the Pew Center on the States in both 2005 and 2008.[11] It is unique in how it treats cities and counties equally, manages local roads, and prohibits its governors from serving consecutive terms. Virginia's economy has many sectors: agriculture in the Shenandoah Valley; federal agencies in Northern Virginia, including the headquarters of the U.S. Department of Defense and Central Intelligence Agency (CIA); and military facilities in Hampton Roads, the site of the region's main seaport.

Commonwealth of Virginia
Flag Seal
Nickname(s): "Old Dominion", "Mother of Presidents and the Mother of Statesmen"
Motto(s): Sic semper tyrannis (English: Thus Always to Tyrants)[1]
State song(s): "Our Great Virginia"
Official language	English
Spoken languages	English 86%, Spanish 6% Other 8%
Demonym	Virginian
Capital	Richmond
Largest city	Virginia Beach
Largest metro	Baltimore-Washington Metro Area
Area	Ranked 35th
• Total	42,774.2 sq mi (110,785.67 km2)
• Width	200 miles (320 km)
• Length	430 miles (690 km)
• % water	7.4
• Latitude	36° 32′ N to 39° 28′ N
• Longitude	75° 15′ W to 83° 41′ W
Population	Ranked 12th
• Total	8,517,685 (2018)
• Density	206.7/sq mi  (79.8/km2) Ranked 14th
• Median household income	$71,535[2] (10th)
Elevation
• Highest point	Mount Rogers[3][4] 5,729 ft (1746 m)
• Mean	950 ft  (290 m)
• Lowest point	Atlantic Ocean[3] Sea level
Before statehood	Colony of Virginia
Admitted to the Union	June 25, 1788 (10th)
Governor	Ralph Northam (D)
Lieutenant Governor	Justin Fairfax (D)
Legislature	General Assembly
• Upper house	Senate
• Lower house	House of Delegates
U.S. Senators	Mark Warner (D) Tim Kaine (D)
U.S. House delegation	7 Democrats 4 Republicans (list)
Time zone	Eastern: UTC −5/−4
ISO 3166	US-VA
Abbreviations	VA, Va.
Website	www.virginia.gov

Virginia is an employment-at-will state;[160] its economy has diverse sources of income, including local and federal government, military, farming and business. Virginia has 4.1 million civilian workers, and one-third of the jobs are in the service sector.[161][162] The unemployment rate in Virginia as of 2018 is 2.9%, which is below the national average.[163] The second fastest job growth town in the nation is Leesburg, as of 2011.[164] The Gross Domestic Product of Virginia was over $510 billion in 2017.[165] According to the Bureau of Economic Analysis, Virginia had the most counties in the top 100 wealthiest in the United States at sixteen counties based upon median income in 2007.[166] Northern Virginia is the highest-income region in Virginia, having six of the twenty highest-income counties in the United States, including the two highest as of 2008.[167] According to CNN Money Magazine the highest-income town in the nation is Great Falls, as of 2011.[168] According to a 2013 study by Phoenix Marketing International, Virginia had the seventh-largest number of millionaires per capita in the United States, with a ratio of 6.64%.[169]

Virginia's educational system consistently ranks in the top five states on the U.S. Department of Education's National Assessment of Educational Progress, with Virginia students outperforming the average in all subject areas and grade levels tested.[236] The 2018 Quality Counts report ranked Virginia's K–12 education tenth best in the country.[237] All school divisions must adhere to educational standards set forth by the Virginia Department of Education, which maintains an assessment and accreditation regime known as the Standards of Learning to ensure accountability.[238] In 2018, 91.6% of high school students graduated on-time after four years, and increase of two percent from 2013.[239]

Public K–12 schools in Virginia are generally operated by the counties and cities, and not by the state. As off the 2018–19 academic year, a total of 1,290,576 students were enrolled in 2,293 local and regional schools in the Commonwealth, including eight charter schools, and an additional 98 alternative and special education centers across 133 school divisions.[240][241] 2018 marked the first decline in overall enrollment in public schools, by just over 2,000 students, since 1984.[242] Besides the general public schools in Virginia, there are Governor's Schools and selective magnet schools. The Governor's Schools are a collection of more than 40 regional high schools and summer programs intended for gifted students.[243] The Virginia Council for Private Education oversees the regulation of 483 state accredited private schools.[244] An additional 17,283 students receive homeschooling.[245]

As of 2019, there are 169 colleges and universities in Virginia.[246] In the 2019 U.S. News & World Report ranking of national public universities, the University of Virginia is ranked No. 3, the College of William and Mary is No. 10, Virginia Tech is No. 30, George Mason University is No. 67, and Virginia Commonwealth University is No. 80.[247] Virginia Commonwealth is also ranked the No. 2 public graduate school in fine arts, while James Madison University is ranked the No. 6 regional university in The South.[248][249] The Virginia Military Institute is the oldest state military college.[250] Virginia State University and Virginia Tech are the state's land-grant universities. Virginia also operates 23 community colleges on 40 campuses serving over 225,000 credit students and around 175,000 non-credit students as of 2017.[251] There are 124 private institutions in the state, including nationally ranked liberal arts colleges Washington and Lee University at No. 11, the University of Richmond at No. 25, and the Virginia Military Institute at No. 81.[246][252] As of 2018, Liberty University had the largest enrollment, with 88,283 online students and 15,105 on-campus students in Lynchburg.[253]

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Online Business or e-business is any kind of business or commercial transaction that includes sharing information across the internet. Commerce constitutes the exchange of products and services between businesses, groups and individuals and can be seen as one of the essential activities of any business. Electronic commerce focuses on the use of ICT to enable the external activities and relationships of the business with individuals, groups and other businesses, while e-business refers to business with help of the internet. The term "e-business" was coined by IBM's marketing and Internet team in 1996.

E-commerce (short for "electronic commerce") is trading in products or services using computer networks, such as the Internet. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection. Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction's life cycle, although it may also use other technologies such as e-mail.

E-business systems naturally have greater security risks than traditional business systems, therefore it is important for e-business systems to be fully protected against these risks. A far greater number of people have access to e-businesses through the internet than would have access to a traditional business. Customers, suppliers, employees, and numerous other people use any particular e-business system daily and expect their confidential information to stay secure. Hackers are one of the great threats to the security of e-businesses. Some common security concerns for e-Businesses include keeping business and customer information private and confidential, authenticity of data, and data integrity. Some of the methods of protecting e-business security and keeping information secure include physical security measures as well as data storage, data transmission, anti-virus software, firewalls, and encryption to list a few.

A Bachelor of Information Technology (abbreviations BIT, BInfTech, B.Tech(IT) or BE(IT)) is an undergraduate academic degree that generally requires three to five years of study. While the degree has a major focus on computers and technology, it differs from a Computer Science degree in that students are also expected to study management and information science, and there are reduced requirements for mathematics. A degree in computer science can be expected to concentrate on the scientific aspects of computing, while a degree in information technology can be expected to concentrate on the business and communication applications of computing. There is more emphasis on these two areas in the e-commerce, e-business and business information technology undergraduate courses. Specific names for the degrees vary across countries, and even universities within countries.

This is in contrast to a Bachelor of Science in Information Technology which is a bachelor's degree typically conferred after a period of three to four years of an undergraduate course of study in Information Technology (IT). The degree itself is a Bachelor of Science with institutions conferring degrees in the fields of information technology and related fields.

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The e-Business Program blends business and information technology to address the emerging field of e-Commerce and e-Business. This program was developed to further enhance existing core competencies and skill sets, applying the traditional business models to the virtual marketplace.

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