The most important thing that our business schools need to teach us is that your work is not about your work. Rather, your work is nothing more than the ultimate vehicle for your personal growth.

If your business fails, it doesn't matter. The question is, how did you grow? If your business becomes a billion dollars, it doesn't matter. The question is, how did you grow? - Srikumar Rao

A study of business education in the United States was recently conducted by Professors Robert A. Gordon of the University of California (Berkeley) and John E. Howell of Stanford University. Their book, Higher Education for Business, has been published by Columbia University Press. Among their major recommendations are:

The chief business of education... is to attempt to form good habits in children, to improve the understanding, and to check the formation of bad habits.

The true meaning of college education is to allow students from different countries engage in exchanges and to respect different opinions.

The aim of a college education is to teach you to know a good man when you see one.

One doesn't just happen upon a belief that work must be meaningful, that our endeavours must be towards the well-being and betterment of our fellow human beings. It is something that is taught. And this college, is one of the places I learned that lesson.

The business of Education, in respect of knowledge, is not, as I think, to perfect a learner in all or any one of the sciences; but to give his mind that disposition and those habits that may enable him to attain any part of knowledge he shall stand in need of in the future course of his life.

The purpose of business is to create and keep a customer.

Universities exist to transmit knowledge and understanding of ideas and values to students, not to provide entertainment for spectators or employment for athletes.

The purpose of education is to open your spirit. Modern education has forgotten this. The entire universe is a huge open book, full of miraculous things, and that is where true learning must be sought. In that spirit, take responsibility, train hard, develop yourselves, bloom in this world, and bear fruit

We invest in higher education because there’s a broad public purpose. Our colleges and universities are seen, rightly, as centers of learning, but they are also engines of economic growth... Institutions of higher education spur early-stage research of all kinds, create environments for commercializing that research, provide a base for start-up and technology hubs, and serve as a mentoring incubator for new generations of entrepreneurs and business leaders.

The entire object of true education is to make people not merely do the right things, but enjoy the right things — not merely industrious, but to love industry — not merely learned, but to love knowledge — not merely pure, but to love purity — not merely just, but to hunger and thirst after justice.

Of course, there is a portion of reading quite indispensable to a wise man. History and exact science he must learn by laborious reading. Colleges, in like manner, have their indispensable office, - to teach elements. But they can only highly serve us, when they aim not to drill, but to create; when they gather from far every ray of various genius to their hospitable halls, and, by the concentrated fires, set the hearts of their youth on flame. Thought and knowledge are natures in which apparatus and pretension avail nothing. Gowns, and pecuniary foundations, though of towns of gold, can never countervail the least sentence or syllable of wit. Forget this, and our American colleges will recede in their public importance, whilst they grow richer every year.

The value of a college education is not the learning of many facts but the training of the mind to think