WHY THE STUDENTS OF BUSINESS STUDIES SHOULD STUDY I/O

PSYCHOLOGY

Presentation On...

Presented by...

M.K. JAHID SHUVOID No- 769

Batch- 1st

Department of Accounting & Information Systems

Faculty of Business Studies

Jahangirnagar University

Index

What is Psychology

What is I/O Psychology

Why the students should study I/O Psychology

Summery

Psychology is a scientific study that deals with the mental state and behavior of an individual or a group.

The word psychology literally means, "study of the soul"

What is Psychology?

What is Industrial & Organizational Psychology?

Industrial and Organizational Psychology is a specialist area that applies psychological knowledge and skills to the workplace, with the aim of improving organizational effectiveness and the quality of work life.In short, we can say it “The science of people at work.”

Benefits of I/O Psychology to the Students

If the Business Studies students study Industrial/Organizational

Psychology, they will get a lot of benefits over other students in

future and in the workplace. Though the study of I/O psychology

isn’t well recognized in Bangladesh, it will be much more developed

if we realize the benefits of I/O psychology for the students.

Career development is a lifelong process that is unique for everystudent. There are many influences that contribute to develop career.

And also...

There are many sectors in which a student can develop his career.One of them is-

Industrial/Organizational Psychology

Career Development

Career in I/O Psychology

Public Org.7%

Private Org.21%

Academic35%

Health Service2%

Consulting29%

Other6%

Career

Leadership DevelopmentLeadership is a process of influencing others to agree on a shared purpose, and to work towards shared objectives.

Adopting the quality of leadership, a student will be able to-

undertake the tasks of setting a direction or vision, Align people to shared goals Communicate with the subordinates Motivate the others

Facing Interviews effectivelyB. Studies students always need to face interviews to get a good job.If they study I/O psychology, they will obtain some extraqualification to face the interviews effectively.They will be able to-

Research before interviews Get rid of nervousness Answer the questions effectively

Team BuildingAn I/O psychology student will be able to build an effective team and will have the quality of-

Organize people Good interaction with a group of people Achieve team goals

Taking Challenges

Business is the most challenging profession. A student needs to takechallenges to do such profession in future or other challenging jobs.

I/O psychology strengthen a student to take such challenges infuture.

Apply for effective JobsB. Studies student can get a perfect job for him by job analysis. Toanalyze for a job a student needs to do some research. I/Opsychology will give him such knowledge to research for a job.

If a student becomes an employer, he will be able to select the bestemployees for his organization by job analysis.

Good Performances

An I/O psychology student will be able to-

Give his best performance at the workplace. Get promotions based on performance Train others for performance appraisal

Motivation at workplaceBusiness studies students who study I/O psychology are always motivated person at the workplace. It help them-

Work with a sound mind Be more productive Achieve goalsMotivate others

Making Innovative MindAn I/O psychology student is more innovative at the workplace. He has the ability of-

Generate new ideas

Think dimensionally

Counterproductive work behaviorCounterproductive work behavior can be defined as employeebehavior that goes against the goals of an organization.

An I/O psychology B. Studies student can restrain himself fromcounterproductive work behavior and also able to-

Be more productive Supervise othersMotivate others Train others

Maintain good Employer- Employee relationshipA good knowledge in I/O psychology helps to maintain a good employer-employee relationship. It helps them to-

Realize the situation React normallyMaintain good communication

SummaryMost of the Business Studies students choose to do business or otherchallenging professions in future. A good knowledge in Industrialand Organizational psychology helps a student to take challengesand develop his career in such professions.

So, every business studies student should study I/O Psychology as apart of their course or by themselves.