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Things have certainly changed - in the 1980's I was Education Secretary of the Pan Africanist Congress of Azania (South Africa). However, from my own experience in China, Vietnam, Britain, and Australia I still maintain a business subject at Masters level is useful. I was recently head of a school in China preparing students for British universities and we could not get a Business studies teacher even when offering RMB 23,000 a month (they could get at least RMB 30,000 elsewhere) In the end I had to teach College level Economics at a day's notice, with no prior experience in the subject.