Research in Commerce Education- Need and importance

Research in Commerce Education- Need and importance

Introduction

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. To man the economic development of the country and to meet the growing needs of the society, there is greater demand for sound development of commerce education in Indian Universities. But, what has been going in the name of Commerce education is only liberal and general education. Is that the objective of commerce education? In the process of catering to everybody, we are not able to cater to the needs of any body. "Commerce is an organized system for the exchange of goods between the members of the

industrial world."

Meaning

Commerce is the strongest and most influential social institution in all societies these days.

It is a social institution which provides goods and services. Commerce is operated for a

profit-that is, individuals using the system find it advantageous to pay a money price to have

other individuals make goods and render services for them. Commerce is owned privately by

individuals or group of individuals or by Government or partly by Government and partly by

individuals; it competes with other commercial units to make goods and render services of

the highest quality, at the lowest prices and in the shortest possible time; and it is regulated

by the Government.

Definition

Commerce is the whole system of an economy that constitutes an environment for business. The system includes legal, economic, political, social, cultural and technological systems that are in operation in any country. Thus, commerce is a system or an environment that affects the business prospects of an economy. It can also be defined as a component of business which includes all activities, functions and institutions involved in transferring goods from producers to consumers.

 OBJECTIVES

1.  To enable the learner to analyse the nature and scope of commerce education in the modem era.

2. To enable the students to understand the aims and objectives of teaching commerce.

3. To acquaint the students with the modem trends in teaching commerce

4. To conscientize the students with current trends in developing commerce curriculum at higher secondary level.

5. To equip the students with various models, strategies, methods and techniques in the teaching of commerce.

6. To evaluate essential skills and accountability of a competent commerce teacher.

7. To understand the significance of following principles and approaches in giving instruction.

8. To develop insight into modern practices of student evaluation and assessment.

9. To enable them to analyze the role of IT in commerce education.

10. To create a research perspectives among prospective teachers in the field of

commerce

Importance of Commerce

It is said that whole life is a big schooling. One is never too old to learn. What is necessary is the willingness to learn. All knowledge is possible through the two eyes - curiosity and desire. Knowledge is like a vast, unfathomable ocean. Education may be liberal or it may be special. Now a days there are three faculties in higher education namely arts, commerce and science. Young people, now a day, are generally guided by lucrative aims. Their main desire is to earn money and become rich. Very few aspire for knowledge for the sake of knowledge-the aim for the older generations. Business education offers good prospects for the ambitious person. Many of them join commerce colleges or take admission in commerce with the aim of getting good jobs. Economic activities and aims dominate the minds of modern men. Business, commerce and industries are important branches of economic activities.Industries are said to be the backbone of national economy. Trade or business follows the flag. The Englishmen came to India as traders and ultimately became the masters.

Commerce is at the moment a promising subject as a whole. In the present day world, almost

Every human activity is related with economy, whether in the shape of trade and industry or

Commerce and banking. Any concern which has transaction of money, a commerce graduatehas his footing there.Secondly, the related fields of commerce are many and varied. Science, in spite of its expanding scope, is yet limited in providing jobs to the teeming millions. The scope of science is all the more limited in backward countries like Pakistan. The Humanities subjects are also not very promising from the profession point of view. Arts subjects appear to have lost their worth from earning point of view.

Conclusion

Commerce Education in India was started in 1886, over a hundred and twenty years ago. Since then it has experienced tremendous growth. Commerce faculties are established inmany

Universities. In order to understand the progress of commerce education in India since

Independence and its present position, we have to rely on statistics. There are the increasing

numbers of commerce students since 1950-51. The increase in enrolment is substantial from 0.36 lakh in 1950-51 to 14.10 lakhs in 1995-96 and to 20 lakhs now. The enrolment in M.Com and B.Com courses in India during last one and half decades. One important feature of it is that the number of girl students in commerce is on increase in absolute and relative terms both at M.Com and B.Com levels. The proportion of enrolment at B.Com and M.Com levels. It is clear that about 8% only are going for M.Com/higher education. About 92% stop with graduation. Therefore there is a need to make commerce graduation courses moremeaningful and purposeful.

References

1. Khanzode, V.V. (1990). Recent Trends in Commerce and Management Education. Strling

Publishers Private Limited.1990

2. Kokklki, G. V. (2011). Industry and commerce education – a strength and weakness

analysis. Indian Journals.com

3. National Policy on Education 1986 an Appraisal, Doaba House, New Delhi.1989

4. Reddy, D. O. (2007). Revitalising Commerce Education. Commerce with Farm

Management, Vidyasagar University.

5. Sivayya, K.V. (1990). Commerce and Management Education in India, Ashish Publishing

House, New Delhi.