The importance and antiquity of education in Kerala is underscored by the state's ranking as among the most
Read MoreThe present day education has global centric. Today information and knowledge are ruling the world. In this scenario Commerce education as a living discipline of education, which develops knowledge, skills and attitude that are required for the successful handling of trade, commerce and industry, has bright prospects. The World Bank, IMF & WTO's regulations have both Positive and negative implications on Commerce education in India. With the economic integration corporate business entities are extending their business across globe and at the same time poses a challenges and threats. the corporate entities have to be controlled by pool of skilled talented managers and global job market expects people with multi skills than a sole skilled people. India is a young nation, which is a plus point in global scenario. The commerce education institutions have to produce world class graduates to shoulder the responsibilities successfully and out perform their foreign counter parts. It is the responsibility of commerce educational institutions to meet expectations of job market. In India commerce education is the challenging task of producing students with multi-faceted skills like creativity and innovative skills, information technology skills, ability to make decisions in dynamic environment, Human Resource Development skills, Service Management skills, Entrepreneurial skills, Stress Management and Strategic skills. In India education is the joint responsibility of centre and state.Commerce education is a living discipline and is totally different from other disciplines. Hence, it must charter new routes to service the aspirations of the nation. Commerce education has emerged as one of the most potential pursuits in the wake of industrialization India has the strategic advantage of young population. The globalization has provided ample opportunities to our commerce under graduates and post graduates and poses challenges to our commerce education of equipping our students with multiple skills to meet the expectations of global job markets over at globel level. The GOI with the assistance of AICTE and UGC and other professional bodies like ICAI, ICWA and ICS in India and Universities are making prompt effort to meet these challenges through various programmes.
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