HI just want to share the notes I took, hopefully this helps. What will be discussed: 1. Foundation courses you should study 2. Business core courses 3. Business specializations 4. Business extensions 5. Education problems [How and Why business programs fail] 6. Conclusion There is a difference between Global Business and Global Studies. - Global Business is a small field in global studies. - Global Studies include: - Politics - Law - Culture - Anthropology There are two areas you need in terms of understanding the basics of Business. Quantitative methods: 1. Business Math a. Statistics (Analyzing and Interpreting data) e.g. Economics growth can be related to investment, consumption, export. 2. Economics Economics is divided into 15 different fields. Basic introduction to Economics includes two fields. 1. Micro-economics Behavior of individuals: - Consumers - Families How Individuals make economic discussions (spending money, making money.) 2. Macro-economics Deals with general income. General economics is an out production and output. GDP-Gros domestic Production - Labor - Wage - Interest Rates - Coast of capital - Inputs and Outputs Most important price in the economy is the price of money. The price of money is also called the exchange rate. Four Main Fields of Business: 1. Accounting 2. Finances 3. Marketing 4. Management 1. Accounting: Accounting helps us translate business activity into numbers. There are two areas of accounting - Financial accounting - Managerial Accounting. Financial Accounting: Financial accounting is about how you make the accounts and how you report them. You report them with financial statements. People outside the company can understand how the company is doing by reading these financial statements. The financial statements are standardized all around the world. Managerial Accounting: Accounting designed to serve the needs of management, so the management can make decisions. There are the internal reports. Decisions like how to price a product, how much to produce will be taken from these reports. There include various budgets. 2. Finance: Finance is about how you manage money. Financial management is about how you manage assets, liabilities, and investments. How you get money - Borrowing - Selling - Bonds - Selling stocks etc. 3. Marketing: Marketing is about the customers. What the customers want what they will be willing to pay. What the costumers want in a product. You need to think about competitors and customer service. Advertising - making the customers like, want, and business the product. 4. Management: Personal Management (Managing employees and people) Planning, organizing (What departments do we need); Leadership (How to manage and motivate people to do your work); Control (how do you monitor and make sure that employees are going to do their jobs) After you are done with core courses, you will get to do; 1. Strategic management: Requires understanding from all four core areas. It deals with how you are going to compere in the market. You can com[ere on the basis of: - Efficiency - Price - Better product, - Verity of products - How you innovate the product 2. Business Specializations: - Finances - 1. Financial Investments - 2. Financial Economics - 3. Investments - 4. Risk management (Insurance) - 5. Financial Derivatives - Amounting - 1. Introductory Accounting - 2. Intermediate Financial Accounting - 3. Cost Accounting (Expenses only) - 4. Auditing Accounting (Checking for any falsification) - 5. Non-Profit Accounting (Institutions) - 5. Government (Institution) - Marketing - 1. Advertising - 2. Sales - 3. Product Design - 4. Marketing Management - 5. Other Marketing - Management - 1. Personal Management - 2. Inventory Management - 3. Marketing Management - 4. Supply Chain Management (Operation Management - 5. Other Management Alternative Specialization - International Business/ Global Business - 1. International Economics (Trade & Finance) - 2. International Accounting - 3. International Finance - 4. International Marketing - 5. International Management - (OPTIONAL) 6. International Law Business extensions: 1. Programming Language (Especially a statistical programming language) 2. Database Systems 3. Management Information Systems (MIS) 4. Web (Internet) Systems 5. Law Extension - Business Law - Contract Law - International Law 6. General Language - English - Chinese - Japanese - Arabic Conclusion: International - Quantitive (Business math) (Statistics) - Statistical packages - Statistical Programming Economics - Micro Economics - Macro Economics - International Economics (Finance &Trade) Accounting - Financial Accounting - Managerial Accounting - International Accounting Finance - Financial Management 1 - Investments - International finance Marketing - Marketing 1 - Advertising/ Marketing 2 - International Marketing Management - Management 1 - Personnel Management / Management 2 - International Management Other - MIS - Business Law - International Law Problems with Education Problem with the Institution: 1. Week Foundation (Study to pass and then forget [Study Flush]) 2. Manny fancy courses with not much content 3. Few course chapters 4. To many projects (learning dose not happen properly) 5. Heavy-Weighed projects 6. Poor/easy exams 7. Few failing students Problems with students: 1. Memorizing 2. Study from Power Point 3. Not reading textbooks 4. Not enough practice exercise 5. Big group exercise 6. Group free-riding 7. Too much fun/party/internet/Social Media 8. Study for grades only 9. Study to make parent happy My Summery: For studying business you should: *In Order* - Math Basics of math is Core Value 1. Economics (Core) 2. Accounting (Core) 3. Marketing or management (Core) 4. Management or marketing (Core) 5. Strategic management (Most Important after core) 6. 1 OF 6 Specializations 7. Business Extension (OPTIONAL but helpful) Business studies should not be easy. *10 chapters should be thought per semester* *15 chapters per semester are better* THERE ARE PLENTY OF JOBS. JOBS ARE ONLY AVAILABLE FOR THE SKILLED PEOPLE.
Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation.
NICOLE ANASTASIA PLUMLEE' is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I started two Businesses, one in the fashion industry and the other is in the logistics sector. Thank You for helping me sharpen and refine my business skills.
I graduated with a bachelor degree in Business Administration, and the project part is soo true, A LOT of grades on project and we actully only focused on finishing all the projects on time, but didn't learn a lot from it.
Despite not completing my formal education, many people mistake me for a college graduate due to the extensive knowledge I have acquired from attending his powerful lectures.
I'm an engineer and a complete beginner in business studies but I understood this lecture very well. The way he explains, I don't think even a high school teacher can match his simple and clear explanation.. Thanks a lot professor..!!
Harish, you may be surprised but there are very few professors in the world who can explain like this. For high school teachers this is simply impossible.
The only thing I understand in accounting is that I work, bills are paid kids are fed rent means a roof over you and your family's head, clothes on your back and now my checking account says I have $95.00 left! Did I forget the fuel??? Be right back.....
Yes, this is perfectly normal. Most universities today do not mean and do not intend to educate, they just collect money from students and print diplomas, i.e. most universities today function as "diploma mills" quite well.
@@kmpetrov How can we tell which universities actually intend to educate? I heard you talk quite a bit about Thailand in this video, do you have any knowledge about the Int'l Business School program at Chulalongkorn Uni?
i have really enjoy ur lecture. i am think of doing my masters in Administration and ur lecture has given a good heart to enter without panic, because my first degree was BA. THANKS SO MUCH
So I’m getting ready to go to college for business so I decided to watch this video this guy is a great professor 😌 I’ve learn a lot from this video! 😇
Speechless!!! He inspired me to continue my studies despite I’m very ill of fractured dislocated bones from mortal accident. I’m waiting my intense treatments , second surgeries. Good luck to all students. Be good students like Prof❤️❤️❤️
Im glad that professor Petrov can influence people all across the globe, please keep posting videos so we can learn from one of the last great teachers of the old generation Bulgarian professors
hope to have this kind of Professor in my whole journey in college. I can surely say that he is so good at teaching, I have learned a lot from this lecture of him. He has a good and effective teaching skills .
Здравейте, господин Петров! Вашите лекции много ми помагат в ученето. В момента съм първа година с международен бизнес в Холандия. Благодаря Ви за подробните обяснения и ведрия тон, с който говорите!
This is the only video which tells about the basics. I'm currently doing engineering and will be doing MBA after 2 years so i can prepare myself before stepping in this completely new field and be the best among the good. Thank You so much sir :)
Well one of the first times I’ve heard somebody actually say something that is accurate I love watching this video it opened up my eyes to so many things it’s so amazing
Thanks you for sharing your thoughtful content for putting it out there with the passion that many of us need and strive for. I'm starting to listen to you almost every morning. Your voice and words are calming, clarifying, uplifting and motivating. It feels real and genuine. I am grateful to have your channels as a source for having a better relationship with myself and the world around me?
The power for creating a better future is contained in the present moment, you create a good future by creating a good present. The key to financial freedom and great wealth is a person's ability to convert earned income into passive income to build generational wealth, this trick has never failed
@@rubylewis5179 Purchasing Bitcoin doesn't always assures winning, the ability to make profit off your capital is what makes you win... Stop relying on the market price to make profit choose trading.
@cindyconrad641 the wisest thing that should be on everyone's mind currently should be trading in different streams of income that doesn't depend on government, especially with the current economic crisis around the world?
@@Paulpoling I think trading is easier with proper guidance, especially from a professional. It really helps reduce the chance of running into losses. And it incurs profits also?
you guys are lucky because of having a good professor. Then, every single information that he has spoken is valuable. He pointed out what is going on in most university. Then, explained the real way to become an eligible and well rounded students. Thanks you guys for uploading and sharing this video with us. I clicked like and subscribed.
Absolutely brilliant class! Being from a non-business or non-enterprise background I too was able to understand his pace, and his teaching. 🎉🎉 kudos, we need more such Teachers in every field.
I'd give you an Oscar for your Teaching Skills Professor Petrov!!! Thank you for All The Content you've uploaded! You're clearly A Genius, and a well Presented One.
I prefer watching this channel youtube than I go to the university to learn this course. what amazing this course! thanks for sharing professor. warm regards from Indonesia
I appreciate the great teacher. What a strategy to deliver a clear basic knowledge! Being science student, I couldn't but learn about business. Thank you, sir.
I was medical student and then I switched to study business but sadly I don’t even know basics of business but the sir has taught everything I need to learn he is brilliant teacher kudos to him 😊
Thank you so much! I wish I watched the video in 2015 before starting my Management degree... I've graduated this year and realize how ineffectively my time was used, my head is almost empty!! I will fill the blank spots on my own now using you guidance. Wish you all the best!
Very informative... especially the section on problems with education. Converting knowledge into skill has always been a challenge for students and having taught myself, I have seen this is a common mistake students make... learn by rote, then as you say ‘flush it down the toilet’ Excellent lecture thank you
I am studying BBA in one of the finest universities of India. i have learnt the most from this channel and the amazing videos thank you so much the nice and super useful lectures
Absolutely the best Since my school days I've had only 3 teachers who teaches with love and patience,now u are my number 4 Thanks so much for ur time I really enjoyed it and I am now interested in BUSINESS CLASS
This is an amazing lecture. Professor most students do not learn because there is no such vibrant and informative introduction. I have learnt a lot to motivate students if I get a teaching Job.
I think most of them are organised this way (mine too), but he just explains it well and tells you the “why”’s. Whereas in my curriculum, we just get the list of lectures (in the same order), but nobody tells you why this is like that. To be fair, with AI, you can ask anything these days and get a good answer. It’s much easier now.
I would love to have a business prof who explains like him. Mine explain like i already know what they are talking about. That's my first year and I'm scared because i haven't studied business before
Thank you so much sir. I am doing another business work. I am Reading it now in the book of today business but your explanations is so understanding, expecially the one that you talked about global business. Another brave professor with sound explanations. The economy decision in my own understanding is howPeople make decision about how they will spend their money. God thank You so much to see this lovely video. I dont. Know how I see this video when i am tired to read my book.God just choose make me see this great explanation.
He clearly knew how to sympathize with us students as he knew very well that we students want to sincerely learn but not just to comply and pass exams. Therefore i admit he’s a good professor. Would love to enrol in his program.
Thank you so much I'm getting ready to start self teaching myself about business. This helped me to know where to start. I wanted to self teach until I can afford to go to college.
Muchas gracias por éste vídeo, lamento que los estudiantes no valoren a este señor, de verdad que admiré cada palabra, comprendí y claro que quiero ser esa estudiante excelente que tiene el potencial al momento de graduarse, y bueno ahora entiendo la educación financiera, thanks.
Sir, you're doing more than you needed & i love the fact that you've taken the initiative to spread the rich knowledge to everyone for free. Huge respect sir 🖤 I'm learning alot with your videos recently and i hope you keep doing the same. Loves the way you teach, it's simple to understand and fun 😌 Kudos 💫 👍
It's not the professor's job to tell students what's important. After conducting research, the students must think critically and identify what they feel is important and why. Great lecture, a wealth of experience. Even I enjoyed the lecture. Great content, speaking clearly, and slowly, and giving clear definitions of concepts and the various aspects of studies related to business. Enjoyed how discussed and identified good universities from bad ones > prolonging studies rather than covering 15 topics/chapters a year. The 50% test and 50% assignment example to pass students easier!!!
Sir, you are such an amazing teacher, and it hit the spot about Asian parents and Asian students not asking questions. I was that student. Wish I found you earlier in my learning life.
You're the best teacher in the world 🌍🔥. You make us acknowledgeable about business administration and give us the strength urge to become businessman . God bless you for your great job
wonder full professor, well presentation, I'm in Uganda and He is my best lecturer. I know him very much and I l listening most of my time. thanks for helping us.Professor.
This is a fantastic video, and I think all students should take the time to watch it. Understanding the lesson and knowing how to apply the information absolutely outweighs memorizing!
Wow, I learned so much from this video! I think the high school students should learn these, so they can understand what do they want to apply college. These days, I heard a lot that students want to choose what do they like to do. But without learning what it is, then how do they know what they like 😅
Dear Mr Krassimir Petrov, I'm from Laos PDR and currently studying in Shanghai, China. I've been watching your lectures for almost 2 years now and i have to admit that i'm learning a lot from your past lecture videos. Your are really helping me a lot with my university life, i cant even imagine how hard my university life would be in China without your lectures supporting me. I really hope that one day i could pay you back from what i learned from you. It's really huge for me and you have been posting education videos for more than 4 year, i cant imagine how many students you have give the opportunity for them to learn. Please take care of your self and i really hope that i could thanks you back someday..
Gracie CG how are you now? Did you start your business? I want to have my own but I don’t have any experience and don’t know if I need to go to college or not
@@vl2663 l opened my own open, l had to start somewhere, l didn't go to college either, you can find a lot of materials on internet, also l advice you to read. About me l love reading, Rich Dad poor dad, Thinks and grow rich, etc
Micro economic deals with individuals , house hold ,& companies while macro deal with aggregate natio economy ,world economy etc ...Thank you for the lecture
It would be great if you could upload the principles of Marketing and some other Marketing related content, it's the only missing field in your channel. You're really a good teacher!
I have some questions. How can i conclude in which field i need to specialize? Which field of business will be grown in the future? How can i be sure that the field i am specialized car repay me for the time i used for studying it? I don't study business but i want to. I watched the whole presentation and i am full of questions. Let's compare it with something totally different, with medicine. If i am a gynecologist i am specialized on women diseases or birth if i am an oncologist i am specialized on tumors. How can i know in which field i need to specialize for a specific field, and does my specialization give me the possibility to work with other fields of the business? Is there a way to contact you directly about this questions? Thank you
If I may give a suggestion(s) to you questions, as a business studies teacher. I am grouping your questions under the umbrella of one question - how do I know which field to specialise in? First, I'd like to say, if you start a course of study at a 'good' university, usually the first year gives you an all round feel of the key areas of business. During that time you really should be assessing your likes and dislikes and interest of the subjects. You should go to additional seminars and where possible take part in work stints in organisations. If this is not possible, these insights are on the internet. Key areas that business will Always need are: accounting / finance. Depending on size & industry - law, IT, marketing. And these areas all have subareas of specialisation. The onus on you is to keep up-to-date via networking, talking to professors actually in the various industry doing your own research as areas in subjects interest you. This is the same for Anyone in the sciences or social sciences, whatever. You have to 1. have an interest in what you are doing and then 2. carry out the steps I've outlined above. Yes the world of work is always changing and you have to keep up by keeping your eyes and ears open to what is happening in your field and /or other fields. That's it in a nutshell.
You should start studying business first in the basic level, this could be the foundation, then you will end up by obtaining your qualification for instance HNC Business certificate, HND High National Diploma or Bachelor degree which I have them it will enable you to have a clear view of what you should pick to continue, thanks.
I was looking for that video from a very long time. Very concise and helpful. I love the way he explained everything. The voice modulation is fabulous, I'm definitely gonna practice this I'm my classes. I really wish for his good health. Namaste 🙏
Thanks God for giving us the opportunities to watch this videos,its really eyes opening,i loved everythings about him and the way he delivered the knowledges.thank you so much Sir.May God Grant him and others who contribute in this effort with lots of rewards for this sharing and efforts.Aamiin.
He is the best professor in business management course. When I tried to do minor in business about 2 years ago, I could not understand anything, and could not seek help. I quitted that minor and stayed in liberal arts major. But, after watching this video, I got little bit motivated to study business again.
10:34 "NEXT! if you study or when you study business, you study four main areas, we can also call them four main fields, or four main subjects". Literally more than half of what comes out of his mouth is redundant and does not serve anything to the premise, its such a pain to listen to a professor like this, and I'm currently listening to him with x1.5 playback speed.
@@difficulttofindauniqueusername you really call this information? I feel sorry for you. What hes "teaching" here is common knowldedge, hes just twisting it and stretching it to make it academic, total waste of time
You can't blame the students. the professors explanation was 🔮 Crystal 🔮 and by the end of it, the students should have felt like they got slammed in the face. It's hard truths. Someone should have said ”no pressor, you've made it crystal clear. Here's an applaud.”
found a interest in business, wanted to learn more about the major so I can prepare, definitely found alot of useful tips/ explanations here. Thank You!
my absolute favorite video on this world, all of my interests shown in one video, from core to business extensions, this would be the dream education for me.
This is a really insightful lecture on business education! I especially appreciate the emphasis on strong foundations and the importance of reading and understanding, not just memorizing.
HI just want to share the notes I took, hopefully this helps.
What will be discussed:
1. Foundation courses you should study
2. Business core courses
3. Business specializations
4. Business extensions
5. Education problems [How and Why business programs fail]
6. Conclusion
There is a difference between Global Business and Global Studies.
- Global Business is a small field in global studies.
- Global Studies include:
- Politics
- Law
- Culture
- Anthropology
There are two areas you need in terms of understanding the basics of Business.
Quantitative methods:
1. Business Math
a. Statistics (Analyzing and Interpreting data)
e.g. Economics growth can be related to investment, consumption, export.
2. Economics
Economics is divided into 15 different fields.
Basic introduction to Economics includes two fields.
1. Micro-economics
Behavior of individuals:
- Consumers
- Families
How Individuals make economic discussions (spending money, making money.)
2. Macro-economics
Deals with general income.
General economics is an out production and output.
GDP-Gros domestic Production
- Labor
- Wage
- Interest Rates
- Coast of capital
- Inputs and Outputs
Most important price in the economy is the price of money.
The price of money is also called the exchange rate.
Four Main Fields of Business:
1. Accounting
2. Finances
3. Marketing
4. Management
1. Accounting:
Accounting helps us translate business activity into numbers.
There are two areas of accounting
- Financial accounting
- Managerial Accounting.
Financial Accounting:
Financial accounting is about how you make the accounts and how you report them.
You report them with financial statements.
People outside the company can understand how the company is doing by reading these financial statements.
The financial statements are standardized all around the world.
Managerial Accounting:
Accounting designed to serve the needs of management, so the management can make decisions.
There are the internal reports.
Decisions like how to price a product, how much to produce will be taken from these reports.
There include various budgets.
2. Finance:
Finance is about how you manage money.
Financial management is about how you manage assets, liabilities, and investments.
How you get money
- Borrowing
- Selling
- Bonds
- Selling stocks etc.
3. Marketing:
Marketing is about the customers.
What the customers want what they will be willing to pay.
What the costumers want in a product.
You need to think about competitors and customer service.
Advertising - making the customers like, want, and business the product.
4. Management:
Personal Management (Managing employees and people)
Planning, organizing (What departments do we need);
Leadership (How to manage and motivate people to do your work);
Control (how do you monitor and make sure that employees are going to do
their jobs)
After you are done with core courses, you will get to do;
1. Strategic management:
Requires understanding from all four core areas.
It deals with how you are going to compere in the market.
You can com[ere on the basis of:
- Efficiency
- Price
- Better product,
- Verity of products
- How you innovate the product
2. Business Specializations:
- Finances
- 1. Financial Investments
- 2. Financial Economics
- 3. Investments
- 4. Risk management (Insurance)
- 5. Financial Derivatives
- Amounting
- 1. Introductory Accounting
- 2. Intermediate Financial Accounting
- 3. Cost Accounting (Expenses only)
- 4. Auditing Accounting (Checking for any falsification)
- 5. Non-Profit Accounting (Institutions)
- 5. Government (Institution)
- Marketing
- 1. Advertising
- 2. Sales
- 3. Product Design
- 4. Marketing Management
- 5. Other Marketing
- Management
- 1. Personal Management
- 2. Inventory Management
- 3. Marketing Management
- 4. Supply Chain Management (Operation Management
- 5. Other Management
Alternative Specialization
- International Business/ Global Business
- 1. International Economics (Trade & Finance)
- 2. International Accounting
- 3. International Finance
- 4. International Marketing
- 5. International Management
- (OPTIONAL) 6. International Law
Business extensions:
1. Programming Language (Especially a statistical programming language)
2. Database Systems
3. Management Information Systems (MIS)
4. Web (Internet) Systems
5. Law Extension
- Business Law
- Contract Law
- International Law
6. General Language
- English
- Chinese
- Japanese
- Arabic
Conclusion:
International
- Quantitive (Business math) (Statistics)
- Statistical packages
- Statistical Programming
Economics
- Micro Economics
- Macro Economics
- International Economics (Finance &Trade)
Accounting
- Financial Accounting
- Managerial Accounting
- International Accounting
Finance
- Financial Management 1
- Investments
- International finance
Marketing
- Marketing 1
- Advertising/ Marketing 2
- International Marketing
Management
- Management 1
- Personnel Management / Management 2
- International Management
Other
- MIS
- Business Law
- International Law
Problems with Education
Problem with the Institution:
1. Week Foundation (Study to pass and then forget [Study Flush])
2. Manny fancy courses with not much content
3. Few course chapters
4. To many projects (learning dose not happen properly)
5. Heavy-Weighed projects
6. Poor/easy exams
7. Few failing students
Problems with students:
1. Memorizing
2. Study from Power Point
3. Not reading textbooks
4. Not enough practice exercise
5. Big group exercise
6. Group free-riding
7. Too much fun/party/internet/Social Media
8. Study for grades only
9. Study to make parent happy
My Summery:
For studying business you should:
*In Order*
- Math Basics of math is Core Value
1. Economics (Core)
2. Accounting (Core)
3. Marketing or management (Core)
4. Management or marketing (Core)
5. Strategic management (Most Important after core)
6. 1 OF 6 Specializations
7. Business Extension (OPTIONAL but helpful)
Business studies should not be easy.
*10 chapters should be thought per semester*
*15 chapters per semester are better*
THERE ARE PLENTY OF JOBS.
JOBS ARE ONLY AVAILABLE FOR THE SKILLED PEOPLE.
Thank you so much💪
Thank you!
Thanks
Dude literally just copied from another comment that was made 3 years ago
@@wizdom4206 but at least it is helping
Pls. Don't stop posting sir. Your videos are helping a lot of students around the world.
Thank you so much.
Thank You. I will continue posting as soon as I get a good teaching position somewhere. Right now I am looking.
Come to Mehran University Institute Of Science Technology and Development (MUISTD) for MBA program.
Contact Dr. Bhutto Professor at Mehran University Institute of Science Technoolgy and Development (MUISTD).
Yes really his way amazing.. 😍👍
I wantta study with him .. I like his way reaching the information.
Such a respectable teacher. I admire his passion for passing knowledge. He also explains everything so well, in a very comprehensive way 🥺🥺
Fr
Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation.
NICOLE ANASTASIA PLUMLEE' is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.
I started two Businesses, one in the fashion industry and the other is in the logistics sector. Thank You for helping me sharpen and refine my business skills.
How’s logistics going today?
I graduated with a bachelor degree in Business Administration, and the project part is soo true, A LOT of grades on project and we actully only focused on finishing all the projects on time, but didn't learn a lot from it.
Thank youu❤
Hi can I get your email address please
Despite not completing my formal education, many people mistake me for a college graduate due to the extensive knowledge I have acquired from attending his powerful lectures.
I'm an engineer and a complete beginner in business studies but I understood this lecture very well. The way he explains, I don't think even a high school teacher can match his simple and clear explanation.. Thanks a lot professor..!!
Harish, you may be surprised but there are very few professors in the world who can explain like this. For high school teachers this is simply impossible.
One of the best professors
Thanks to youtube and Dr. Petrov I don't need MBA.
Thank you.
The only thing I understand in accounting is that I work, bills are paid kids are fed rent means a roof over you and your family's head, clothes on your back and now my checking account says I have $95.00 left! Did I forget the fuel??? Be right back.....
Very usefull, this channel was inspiration for our channel .
I currently studying business law and utilizing thirteenth edition Business Law text and cases.Great language.
OMG! In 15 minutes I have learnt more than in 4 years at the University
Yes, this is perfectly normal. Most universities today do not mean and do not intend to educate, they just collect money from students and print diplomas, i.e. most universities today function as "diploma mills" quite well.
@@kmpetrov How can we tell which universities actually intend to educate? I heard you talk quite a bit about Thailand in this video, do you have any knowledge about the Int'l Business School program at Chulalongkorn Uni?
True
Can you tell me which universities offer BBA Finance in USA and UK.@@kmpetrov
This for me is kind of important and useful video in order to make self-study. Thanks to this professor for his lecture
You are welcome.
i have really enjoy ur lecture. i am think of doing my masters in Administration and ur lecture has given a good heart to enter without panic, because my first degree was BA. THANKS SO MUCH
Thank You.
Hows the BA working out?
So I’m getting ready to go to college for business so I decided to watch this video this guy is a great professor 😌 I’ve learn a lot from this video! 😇
Which universities offer BBA Finance in USA and UK
Speechless!!! He inspired me to continue my studies despite I’m very ill of fractured dislocated bones from mortal accident. I’m waiting my intense treatments , second surgeries. Good luck to all students. Be good students like Prof❤️❤️❤️
Online classes really help, if anything
You deserve an award best professor, hope I will enjoy my business administration studies in few coming months I can't wait.
hi Lucky Moonga, when you start your BA studies, link with me for more help. nishyleah@gmail.com
@@isaacmweresa2093 actually added up doing biomedical science im in my first year now
One of the best professors
His lectures was fantastic
Im glad that professor Petrov can influence people all across the globe, please keep posting videos so we can learn from one of the last great teachers of the old generation Bulgarian professors
hope to have this kind of Professor in my whole journey in college. I can surely say that he is so good at teaching, I have learned a lot from this lecture of him. He has a good and effective teaching skills .
Same here! Great teaching skills. He explains where I can fully understand.
I'm watching this video one day after starting my business studies.
I started October 1, 2024.
@@TheDavidAllwell success
Helo please can you help me I want to study business at university next year ,I want to start learning all the first years course
Здравейте, господин Петров! Вашите лекции много ми помагат в ученето. В момента съм първа година с международен бизнес в Холандия. Благодаря Ви за подробните обяснения и ведрия тон, с който говорите!
This is the only video which tells about the basics. I'm currently doing engineering and will be doing MBA after 2 years so i can prepare myself before stepping in this completely new field and be the best among the good. Thank You so much sir :)
Great
Well one of the first times I’ve heard somebody actually say something that is accurate I love watching this video it opened up my eyes to so many things it’s so amazing
It is like I am learning subject in detail...Enough, best lecture I had ever heard
I'm a science student but, the prof has made it very clear with his wonderful skills and experiences!
Thanks you for sharing your thoughtful content for putting it out there with the passion that many of us need and strive for. I'm starting to listen to you almost every morning. Your voice and words are calming, clarifying, uplifting and motivating. It feels real and genuine. I am grateful to have your channels as a source for having a better relationship with myself and the world around me?
The power for creating a better future is contained in the present moment, you create a good future by creating a good present. The key to financial freedom and great wealth is a person's ability to convert earned income into passive income to build generational wealth, this trick has never failed
Some people are really ignorant of the profitability in Trading. And that has been the major issues limiting their investment?
@@rubylewis5179 Purchasing Bitcoin doesn't always assures winning, the ability to make profit off your capital is what makes you win... Stop relying on the market price to make profit choose trading.
@cindyconrad641 the wisest thing that should be on everyone's mind currently should be trading in different streams of income that doesn't depend on government, especially with the current economic crisis around the world?
@@Paulpoling I think trading is easier with proper guidance, especially from a professional. It really helps reduce the chance of running into losses. And it incurs profits also?
you guys are lucky because of having a good professor. Then, every single information that he has spoken is valuable. He pointed out what is going on in most university. Then, explained the real way to become an eligible and well rounded students. Thanks you guys for uploading and sharing this video with us. I clicked like and subscribed.
Absolutely brilliant class! Being from a non-business or non-enterprise background I too was able to understand his pace, and his teaching. 🎉🎉 kudos, we need more such Teachers in every field.
I'd give you an Oscar for your Teaching Skills Professor Petrov!!! Thank you for All The Content you've uploaded! You're clearly A Genius, and a well Presented One.
One of the best lectures I've ever watched on RUclips. Professor gave us high quality information with such clarity and simplicity. Thanks a lot!
I prefer watching this channel youtube than I go to the university to learn this course. what amazing this course! thanks for sharing professor. warm regards from Indonesia
hey do you have interest in stock marketing
I appreciate the great teacher. What a strategy to deliver a clear basic knowledge! Being science student, I couldn't but learn about business. Thank you, sir.
I was medical student and then I switched to study business but sadly I don’t even know basics of business but the sir has taught everything I need to learn he is brilliant teacher kudos to him 😊
how does it feel to switch majors tho? i am engineering graduate but i’m looking for business/management studies for postgrad studies
am convinced i should study business. thank you for the great video Professor Petrov,.
Thank you so much! I wish I watched the video in 2015 before starting my Management degree... I've graduated this year and realize how ineffectively my time was used, my head is almost empty!!
I will fill the blank spots on my own now using you guidance. Wish you all the best!
Management degree is valuable assets
The Eastern European princip of teaching is absolutely not boring. Great job. Please keep uploading more lectures
I agree!
Totally.
What a wonderful professor! He explains everything in a clear and simple way. I like his way of teaching.
Very informative... especially the section on problems with education. Converting knowledge into skill has always been a challenge for students and having taught myself, I have seen this is a common mistake students make... learn by rote, then as you say ‘flush it down the toilet’ Excellent lecture thank you
I am studying BBA in one of the finest universities of India. i have learnt the most from this channel and the amazing videos thank you so much the nice and super useful lectures
Professor is very good not only at teaching also at speaking clearly to understand the basic students 💙💙
Absolutely the best
Since my school days I've had only 3 teachers who teaches with love and patience,now u are my number 4
Thanks so much for ur time I really enjoyed it and I am now interested in BUSINESS CLASS
I haven't learned about business before. I learned a lot from your lecture.
Thank you, Dr. Krassimir Petrov.
This is an amazing lecture. Professor most students do not learn because there is no such vibrant and informative introduction. I have learnt a lot to motivate students if I get a teaching Job.
Sir, u are amazing teacher
Thank u for dis wonderful
lecture
Thank you sir
It's incredible how this accurately reflects the curriculum I've experienced at my university!
I think most of them are organised this way (mine too), but he just explains it well and tells you the “why”’s. Whereas in my curriculum, we just get the list of lectures (in the same order), but nobody tells you why this is like that. To be fair, with AI, you can ask anything these days and get a good answer. It’s much easier now.
I would love to have a business prof who explains like him. Mine explain like i already know what they are talking about. That's my first year and I'm scared because i haven't studied business before
May be I can come to teach at your university. Which one is it?
i am willing to help you shadykipp@gmail.com
Krassimir Petrov sir, would you consider to come to Australia and teach at my school? (The University of Melbourne, bachelor of commerce programme)
@@kmpetrov come to Hungary and teach us in University of Debrecen
same for me i changed my studies from sience and technology to business and now im so scard its like a new world to me
Thank you so much sir. I am doing another business work. I am Reading it now in the book of today business but your explanations is so understanding, expecially the one that you talked about global business. Another brave professor with sound explanations. The economy decision in my own understanding is howPeople make decision about how they will spend their money. God thank You so much to see this lovely video. I dont. Know how I see this video when i am tired to read my book.God just choose make me see this great explanation.
Great video! This should be a orientation for all schools. So that new students get an idea of what they want to do.
Really appreciate your teaching Sir. Help me a lot in my Masteral.
He explains so clear, it's easy to understand.
He was very specific at all given field of business eduction…Thanks for the lecture.
He clearly knew how to sympathize with us students as he knew very well that we students want to sincerely learn but not just to comply and pass exams. Therefore i admit he’s a good professor. Would love to enrol in his program.
Thank you so much I'm getting ready to start self teaching myself about business. This helped me to know where to start. I wanted to self teach until I can afford to go to college.
I am glad that I can help.
so what
How is your self-teaching going?
Muchas gracias por éste vídeo, lamento que los estudiantes no valoren a este señor, de verdad que admiré cada palabra, comprendí y claro que quiero ser esa estudiante excelente que tiene el potencial al momento de graduarse, y bueno ahora entiendo la educación financiera, thanks.
Sir, you're doing more than you needed & i love the fact that you've taken the initiative to spread the rich knowledge to everyone for free. Huge respect sir 🖤
I'm learning alot with your videos recently and i hope you keep doing the same. Loves the way you teach, it's simple to understand and fun 😌
Kudos 💫 👍
It's not the professor's job to tell students what's important. After conducting research, the students must think critically and identify what they feel is important and why. Great lecture, a wealth of experience. Even I enjoyed the lecture. Great content, speaking clearly, and slowly, and giving clear definitions of concepts and the various aspects of studies related to business. Enjoyed how discussed and identified good universities from bad ones > prolonging studies rather than covering 15 topics/chapters a year. The 50% test and 50% assignment example to pass students easier!!!
One of the best teacher. He made me watch such big video with ease.
Sir, you are such an amazing teacher, and it hit the spot about Asian parents and Asian students not asking questions. I was that student. Wish I found you earlier in my learning life.
What a professor! Well educated Prof. Thanks for your smooth course Prof.
You're the best teacher in the world 🌍🔥. You make us acknowledgeable about business administration and give us the strength urge to become businessman .
God bless you for your great job
wish the camera person would show the whole screen# please
Cameraman can't always think like the typical user.
Krassimir Petrov Cameramen must be a wedding photographer, he focused more on person than the content.
We didn’t pay for the class, be kind this man gave us this free information.
@@kmpetrov Sign of a bad cameraman then
Camera wont let us learn propely
wonder full professor, well presentation, I'm in Uganda and He is my best lecturer. I know him very much and I l listening most of my time. thanks for helping us.Professor.
.
This is a fantastic video, and I think all students should take the time to watch it.
Understanding the lesson and knowing how to apply the information absolutely outweighs memorizing!
Wow, I learned so much from this video! I think the high school students should learn these, so they can understand what do they want to apply college. These days, I heard a lot that students want to choose what do they like to do. But without learning what it is, then how do they know what they like 😅
Gees I wish I had a professor like you when I was younger, but never too late. Thank you for the great lectures!!
Dear Mr Krassimir Petrov,
I'm from Laos PDR and currently studying in Shanghai, China.
I've been watching your lectures for almost 2 years now and i have to admit that i'm learning a lot from your past lecture videos. Your are really helping me a lot with my university life, i cant even imagine how hard my university life would be in China without your lectures supporting me. I really hope that one day i could pay you back from what i learned from you. It's really huge for me and you have been posting education videos for more than 4 year, i cant imagine how many students you have give the opportunity for them to learn. Please take care of your self and i really hope that i could thanks you back someday..
This lecture wasn’t boring at all...amazing lecture! Thank you!
Dear Mr Lee 😸❤️😘😘😘 the best place to live with the ml5 however
I am a business student from Pakistan. Thank you so much for this great talk.
One of the best teacher who i wondered ever. I understood every theme in that video thank you 👏👏.pls post more videos about economics and money
I am about to start my small business, and I am so happy and grateful to find this video it is really helpful. :)
Gracie CG how are you now? Did you start your business? I want to have my own but I don’t have any experience and don’t know if I need to go to college or not
@@vl2663 l opened my own open, l had to start somewhere, l didn't go to college either, you can find a lot of materials on internet, also l advice you to read. About me l love reading, Rich Dad poor dad, Thinks and grow rich, etc
Camera person: *ignores slides* 🥲
Yes,
Means you need to enroll with him
thak u verry much ser
Krassimir Petrov is a genius. I love watching his videos. He is an amazing business teacher.
Best overview lecture on Business Education and Issues. Thanks a lot Sir. Keep creating and uploading more lectures like these. Thanks again.
Micro economic deals with individuals , house hold ,& companies while macro deal with aggregate natio economy ,world economy etc ...Thank you for the lecture
It would be great if you could upload the principles of Marketing and some other Marketing related content, it's the only missing field in your channel. You're really a good teacher!
He is so good, basically everything he said is real, factual and true
Absolutely Loved The Video I Understand Deeply Of Basic Business #FutureEntrepreneur ‼️‼️
Please be my lecturer... I love it when the educators encourage students to be curious and ask anything
I have some questions. How can i conclude in which field i need to specialize? Which field of business will be grown in the future? How can i be sure that the field i am specialized car repay me for the time i used for studying it? I don't study business but i want to. I watched the whole presentation and i am full of questions. Let's compare it with something totally different, with medicine. If i am a gynecologist i am specialized on women diseases or birth if i am an oncologist i am specialized on tumors. How can i know in which field i need to specialize for a specific field, and does my specialization give me the possibility to work with other fields of the business? Is there a way to contact you directly about this questions? Thank you
If I may give a suggestion(s) to you questions, as a business studies teacher. I am grouping your questions under the umbrella of one question - how do I know which field to specialise in? First, I'd like to say, if you start a course of study at a 'good' university, usually the first year gives you an all round feel of the key areas of business. During that time you really should be assessing your likes and dislikes and interest of the subjects. You should go to additional seminars and where possible take part in work stints in organisations. If this is not possible, these insights are on the internet. Key areas that business will Always need are: accounting / finance. Depending on size & industry - law, IT, marketing. And these areas all have subareas of specialisation. The onus on you is to keep up-to-date via networking, talking to professors actually in the various industry doing your own research as areas in subjects interest you. This is the same for Anyone in the sciences or social sciences, whatever. You have to 1. have an interest in what you are doing and then 2. carry out the steps I've outlined above. Yes the world of work is always changing and you have to keep up by keeping your eyes and ears open to what is happening in your field and /or other fields. That's it in a nutshell.
You should start studying business first in the basic level, this could be the foundation, then you will end up by obtaining your qualification for instance HNC Business certificate, HND High National Diploma or Bachelor degree which I have them it will enable you to have a clear view of what you should pick to continue, thanks.
This type of introductory lecture should be given to middle school or high school students for different fields of study
As a Business Student I really like to read my finance books😁
ruclips.net/channel/UCo2G4PlmYkRrrAP7wqEZZ3g
Business studies - class 12 commerce videos
Is there a better teacher than this man ? 👨!
I love the ways you teach and appreciate your knowledge!!!
This is my first time to have this class
But sir I got very deep knowledge from your class
You have a stunning attitude sir proud of you ❤❤
This is phenomenal! I’m going to watch all his videos. Thank you!
I was looking for that video from a very long time. Very concise and helpful.
I love the way he explained everything.
The voice modulation is fabulous, I'm definitely gonna practice this I'm my classes.
I really wish for his good health.
Namaste 🙏
even tho im just 13 i really really wanna learn how to manage business!! Thank you sir!
Thanks God for giving us the opportunities to watch this videos,its really eyes opening,i loved everythings about him and the way he delivered the knowledges.thank you so much Sir.May God Grant him and others who contribute in this effort with lots of rewards for this sharing and efforts.Aamiin.
He is the best professor in business management course. When I tried to do minor in business about 2 years ago, I could not understand anything, and could not seek help. I quitted that minor and stayed in liberal arts major. But, after watching this video, I got little bit motivated to study business again.
you're joking right?
10:34 "NEXT! if you study or when you study business, you study four main areas, we can also call them four main fields, or four main subjects". Literally more than half of what comes out of his mouth is redundant and does not serve anything to the premise, its such a pain to listen to a professor like this, and I'm currently listening to him with x1.5 playback speed.
@@roye6961 With the kind of comment you made, I suspect that you have a difficult time retaining information, useful or otherwise.
@@difficulttofindauniqueusername I have a difficult time listening to mumblers, or people who repeat the same sentence over and over again
@@difficulttofindauniqueusername you really call this information? I feel sorry for you. What hes "teaching" here is common knowldedge, hes just twisting it and stretching it to make it academic, total waste of time
You are the
Perfect teacher in the world.❤
Best lecture and sir would you plz upload your lecture on International Financial Management..
+love S and I I have not yet taught this course. I will upload it when I teach it and record it.
You can't blame the students. the professors explanation was 🔮 Crystal 🔮 and by the end of it, the students should have felt like they got slammed in the face. It's hard truths.
Someone should have said ”no pressor, you've made it crystal clear. Here's an applaud.”
I would love to see a discussion/interview from this teacher on the Labor theory of Value.
found a interest in business, wanted to learn more about the major so I can prepare, definitely found alot of useful tips/ explanations here. Thank You!
1.5x speed. thank me later
Thank you
I like 1.75 speed..lol
😊C 😊 v😊 😊 😊 😊 😊 😊 😊😊 😊 😊😊😊 😊😊 😊 😊😊 😊 😊 😊 😊 😊😊 😊 😊 😊😊😊 😊😊 😊😊 😊 😊 😊😊 😊 😊 😊😊 😊you. and. 😊😊 😊😊you 😊 😊😊 😊😊 😊 😊 😊😊😊 😊 😊 😊😊😊 😊 😊 😊😊 😊 😊😊 😊 😊 😊 your 😊😊😊 the. 😊 😊😊😊😊😊 😊 😊😊😊 😊😊 😊 😊 😊😊 😊 😊 😊😊 😊😊😊 your 😊country. 😊 😊 😊😊😊😊 😊 is 😊😊uuuu inuu. 😊 😊 😊 😊 😊😊 😊 😊😊 😊 has 😊😊to 😊😊 😊 😊 😊😊😊 😊in 😊 😊😊😊 😊la the . 😊😊 the 😊last 😊 😊😊 a 😊couple. 😊 😊 a 😊 😊 😊 😊😊 😊 uujuuu😊😊 😊 😊 😊😊😊😊😊is 😊u 😊😊😊 😊 u😊 us. 😊 😊 😊 😊 uuuuuuuu and. And
2x and thank you latee
Y’all hush
my absolute favorite video on this world, all of my interests shown in one video, from core to business extensions, this would be the dream education for me.
Love you much Sir, don't stop posting lectures. You are inspiring!)
great video with extraordinary leading voice @Super_Teacher
Damn! This man gave me what I have been looking for months
This is a really insightful lecture on business education! I especially appreciate the emphasis on strong foundations and the importance of reading and understanding, not just memorizing.
Wow!! Very informative... Thanks for sharing.
I am from Germany and want to study MBA... thanks for this videos... please.. don't stop... it's very helpful....
Thank you. And thank you Germans for the great BMWs that you make and that we get to enjoy. I have a great respect for Germans.
Krassimir Petrov thanks sir
Car production was very good in Germany... but today they have a big mass of concurrence from USA and Japan....