MyTake

The era of globalization, privatization and liberalization has witnessed drastic change in education, educational institutions and education systems. As economy is unfolding opportunities year after year, management education is experiencing a boom in its growth horizontally. Last 60 years of commerce education has somehow provided a ground for development of management and other ancillary subjects. Management, accounting, finance, banking, transport, trade, insurance are some such areas which surround commerce. They have developed their own territory in isolation with commerce as a broader umbrella. However, management and finance have been there in different shapes and a lot of literature has been created in these areas. These practicing subjects have sounded the practitioners a noise of dissonance and developed their syllabi as competing subjects. This has resulted in deterioration of commerce education in India. The rat-race of responding to market forces by different acade...