COMMERCE EDUCATION

Commerce education is a living discipline and is totally different from other disciplines. For 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. The growing phenomenon of globalization, liberalization and privatization has been influencing the Commerce education.

MEANING

Commerce education generally means the formal education of the subject conducted in schools, especially in higher secondary schools. In the case of commerce education schools, it is transmitted on the basis of a prescribed curriculum using psychological strategies and techniques of instruction.

DEFINITION

Leverett. S. Lyen defined commerce education as "any education which a business man has and which makes him a better businessman, is for him business education, no matter whether it was obtained in the walls of a school or not".

Paul S. Lomax (1928) writes, "Commercial education is fundamentally a programme of economic education that has to do with the acquirement, conservation and spending of wealth".

VALUE AND SCOPE OF COMMERCE EDUCATION

ü  Practical or Utilitarian Value

Commerce education has great significance in preparing individuals and the society in general for taking up and indulging in commercial activities efficiently. The economic stability of any nation depends upon how scientifically and systematically industrial and commercial activities are organized. Commerce education provides the understandings, insights, attitudes and skills for taking up such activities. Also it gives proper guidance for systematically extending customer services.

ü  Cultural Value

Commerce education helps to transmit many cultural values like systematic dealings, social and service orientation, fair dealings with customers, good salesmanship, honesty in commercial dealings, etc.

ü  Social value

Commerce education is directly connected with every day life of human beings. Comfortable life in a society depends upon how efficiently and fairly the dealings associated with commercial transactions like trade, distribution, service, etc. related to goods take place in the society. Performing all these dealings with a social commitment depends upon how well the members of the society gets educated in these.

ü  Disciplinary value

Commerce education reflects all the scientific methods like planning, systematic process, analysis etc. Modern commercial theory and practice applies these scientific methods.

ü  Vocational Value

Commerce education has a significant role in providing employment opportunities for individuals in the society. This will help a person to gain adequate monetary benefit to survive in the society. This will also help to increase the production and national wealth. The commerce education should enhance the vocational competency of an individual also.

OBJECTIVES OF COMMERCE EDUCATION

q  Development of skills such as conceptual skills, technical skills and application skills in the field of commerce, management and industry.

q   To prepare a student for a career in business or to start a business enterprise of his/her own.

q   Analysis of complex situations related to commerce into the meaningful aspects involved.

q   Develop desirable interest in commercial ideas & tasks related to commercial activities.

q   To familiarize students with current business process & practices, behavior of markets, products as well as finance.

q   To train students in the use of information technology for business.

q   Establish healthy linkage with commercially relevant organizations and institutions.

q  Develop skills for performing intellectual and physical activities related to commercial task.

q   Internalize values and value system associated with commercial dealings.

q  To give each students enough opportunities to acquire relevant knowledge about business and economy.

CONCLUSION

Commerce is considered as one of the most popular career option in India. Commerce education is the backbone of the business and serial development of the nation. Commerce education covers wide area of business and society. Commerce education provides to the business and society that how to use it for the betterment of self and oneself. It gives to the people for democratic living, good citizenship, and proper utilization of resources. It provides skill oriented education to students and society.