I took all the business classes like marketing, econ, finance, accounting, etc and and simultaneously racked up a ton of debt and was clueless when buying houses, cars, etc.
Of course, I was hardly awake during most of those classes, but I don't believe any of them really reviewed real life events as you said. I work for an insurance company and my dad is an accountant and I still don't understand most of either. haha Of course, now with Obamacare, I don't think anyone knows what's going on, so I don't feel so bad now.