Commerce Education
Vidyasagar University Journal of Commerce Vol. 12, March 2007
REVITALISING COMMERCE EDUCATION
D. Obul Reddy*
ABSTRACT The paper is an objective introspection about the Commerce Education – its objectives, its problems, its job potential, its quality and its relevance to the present day needs of our country.
Purpose of Education
The broad objectives of the University education are, liberal education with the aim of fostering in the students an attitude of objective enquiry and some understanding of the society and social change, of the problems of human relationships and the human and social implications of technological change, and developing a capacity to appreciate the finer values of life etc. These objectives are taken as implied in the case of business education also. Education should be a three-fold process of imparting knowledge, developing skills, and inculcating proper attitudes and values towards life and society in general. It must enable the individual to develop the activity and skill to earn and carry on reasonable standard of living and it must also enable him to develop his creative faculties to the utmost so that intellectually, morally, physically and spiritually he is in a position to enrich his personality.
Business / Commerce Education
Business education or commerce education is that area of education which develops the required knowledge, skills and attitudes for the successful handling of trade, commerce and industry. Till yester years, commerce education is business education. But, in tune with the needs of the business and society, independent professions have emerged in the form of chartered accountant, cost and works accountant, company secretary and business administrator (M.B.A.). Thus, the cream of commerce has gone and it remained now as an academic discipline giving general and liberal education.
* Former Professor of Commerce & Dean, Faculty of Commerce, Osmania University,
Hyderabad and Former President, Indian
REVITALISING COMMERCE EDUCATION
D. Obul Reddy*
ABSTRACT The paper is an objective introspection about the Commerce Education – its objectives, its problems, its job potential, its quality and its relevance to the present day needs of our country.
Purpose of Education
The broad objectives of the University education are, liberal education with the aim of fostering in the students an attitude of objective enquiry and some understanding of the society and social change, of the problems of human relationships and the human and social implications of technological change, and developing a capacity to appreciate the finer values of life etc. These objectives are taken as implied in the case of business education also. Education should be a three-fold process of imparting knowledge, developing skills, and inculcating proper attitudes and values towards life and society in general. It must enable the individual to develop the activity and skill to earn and carry on reasonable standard of living and it must also enable him to develop his creative faculties to the utmost so that intellectually, morally, physically and spiritually he is in a position to enrich his personality.
Business / Commerce Education
Business education or commerce education is that area of education which develops the required knowledge, skills and attitudes for the successful handling of trade, commerce and industry. Till yester years, commerce education is business education. But, in tune with the needs of the business and society, independent professions have emerged in the form of chartered accountant, cost and works accountant, company secretary and business administrator (M.B.A.). Thus, the cream of commerce has gone and it remained now as an academic discipline giving general and liberal education.
* Former Professor of Commerce & Dean, Faculty of Commerce, Osmania University,
Hyderabad and Former President, Indian