The term ‘Commercial Education' includes practical training in the field of commerce. It covers professional courses like accounting, banking, book-keeping, business methods, costing, marketing, income-tax practice, higher statistics etc.
Pakistan is a developing country. The importance of commercial education in Pakistan cannot be overlooked. We are living in an age of commercial and technical revolution, and for the real progress of commerce and industry we need efficient and trained hands. Therefore, commercial education is of imperative necessity in our country. It becomes all the more important in view of the fact that although we have already entered the field of commerce and industry, we do not have sufficient number of trained person.
Modern business is highly complicated one. It is an elaborate machinery with wheels and counter wheels nicely adjusted and regulated to well-planned ends. The commercial education acquaints our young men both with the theoretical as well as practical aspects of all matters relating to it. The study of theories and practices of commerce, trade and industry enables a business man to see things in their true colour. It equips him with the knowledge of the tendencies which are at work in the business market.
Now the importance of commercial education is being realized every where in Pakistan. The Government has introduced commercial education at the college and university level. Commercial institutes have been started at almost all the important cities of Pakistan. But one feels that still commercial education has not received its due. There should be more opportunities for higher education in the field of commerce than they are available at present.
It is wrong to presume that the students of commercial education have no future prospects. There is boundless scope for expansion of industry and commerce in our country....