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Vol.03, Issue 04, April 2018, Available Online: www.ajeee.co.in/index.php/AJEEE

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GLOBALIZATION AND SKILLS EDUCATION IN COMMERCE EDUCATION Dr. Arun Kumar Mishra

HOD, Associate Professor, Department of Commerce, Shri Jai Narain PG College, Lucknow University, Lucknow

Abstract:-Instruction will be An vital vehicle for pushing maintained development in the economy of a country. For individuals, it will be likewise a significant instrument flying for accomplishing upward portability. It may be an outright need to the young people of the organizations in the nation to their preferred prospects Also living and thereby the headway of the country. This is a direct result that standard about instruction is nearly related for those work standards, economic wellbeing also living states about its subjects. New boondocks important of the needs for improvement and the development from claiming current monetary also social matters of the nation over turn into a necessity.Those business instruction over 21st century if think about those globalization and its meanings for business field in national Furthermore universal levels. Evolving worldwide states interest that we contemplate trade instruction to those 21st century. We ought to aggravate our business instruction important of the contemporary futurefinancial societal needs.

Concentrate on personal satisfaction Furthermore advancement about brilliance is, therefore, of most extreme importance. It must make guaranteed that the showing – Taking in process, research, learning production over our organizations are of worldwide measures.

The colleges Also national foundations must get ready subjects of the future with a worldwide viewpoint make fit from claiming serving his/her country.

Keywords:-Entrepreneurship, Globalization, 1. BACKDROP

Business is related with exercises directing, including sale, return and exchange about products administrations.

Trade exercises incorporate trade, transportation, banking, warehousing and protection. With that headway from claiming science Furthermore engineering organization in the up to date world those scene of trade coliseum need got changed at ocean level. Globalization may be influencing each circle from claiming term As far as industrialization, financial, economic, Furthermore political societies a really. It will be those joining for national economies under an absolute universal economy.

Accordingly, business organizations and industry players need aid will convey their assets in the best time permits manner Also to accomplish those mossy cup oak advantageous destinations. Today information blast may be occurring over the planet. Learning need turn into the enter main impetus Previously, economies should ended up quick moving Also rich In light of utilization of learning successfully.

Information business is nothing However instruction it may be turning into an enter calculate in those procedure about improvement of a country. The higher training to setting with India need turn

into extremely discriminating accomplishment element with support those budgetary development it need encountered clinched alongside keep going 20 A long time which may be mostly because of learning built commercial enterprises for example, such that IT/ITES.

Higher Educationis all about:-

 Generating knowledge,

 Encouraging critical thinking and

 Imparting skills relevant to this society and determined byits needs.

Trade training might have been began On India in the quite a while 1886 the point when those after that administration from claiming madras set-up a business foundation on madras. Since then, this extension from claiming training need was staggering development in the organizations in the nation. From 36,347

„commerce students‟ over perceived establishments Previously, India for 1950- 51, those number for understudies enrolment (provisional) On employees for

Commerce/Management done

Universities/Colleges Furthermore other establishments of higher training Previously, India need Run should 26,07,638 (provisional) for 2009-10.

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Vol.03, Issue 04, April 2018, Available Online: www.ajeee.co.in/index.php/AJEEE

2 Despite constantly the 3rd biggest staff As far as scholars enrolment, staff about trade need not been seen for views toward the public arena by and large Furthermore trade and business specifically. If it need stretched quantitatively for those expanding necessities of the qualitative front. Those principle goal of the present paper may be with ponder introduce situation of business training Previously, India and also tests done trade instruction framework. Further, suggestions on move forward those standard about trade instruction bring been examined.

Execution for these measures might aggravate our product-the learners for business stream-global.

2. EDUCATION FOR NATION BUILDING The objective of education is to liberate the mind from thebondage of ignorance. If instead of achieving this, it limits themind from wandering in unexplored areas to known facts, itis time the system is reviewed to make it more result oriented.

The results of a quality education should be evident notin mark sheets but in enlarged visions

 Enlightened minds,

 Civilized behavior,

 Social and economic reforms and

 Scientific innovations.

In the period from claiming globalized economy, reason for higher training is those strengthening about individuals through those securing from claiming learning and aptitudes. Personal satisfaction higher training important innovative work (R&D) camwood best ensure the national investment advancement assumes similarly as an impetus to mankind's advancement.

Today, there is an aggregate befuddle to vocation business sector. Due to globalization, new parkways need aid opened for talented manpower, not main inside India as well as throughout the planet. Especially, Europe is ages. India may be positioned on an exceptional lifestyle due to demographic profile. We bring 60% of the working need aid populace (nearly 75 crores).

Whether they completely captivated clinched alongside productive employment, it will change those entire financial situation. Unfortunately, their

abilities need aid jumbled with market necessities. Whether business sector particular abilities would imparted to business students, they camwood additionally serve the reason for existing.

There may be secondary rate of graduate unemployment (20% fully unemployed, 60% unemployed) in the same chance there will be intense lack from claiming laborers for abilities needed to developing learning economy. To purpose this paradox, India necessity on rebuild its training framework by and large trade instruction framework specifically.

Swami Vivekananda, those prophet of the current ageists an advanced type of the pedantic educationist opined that “the preparing by which the present Also statement of will need aid brought under control Also got productive will be called instruction.”

teacher Amartyasen needed accentuated looking into instruction Similarly as a critical parameter to comprehensive Growth. The approach paper from claiming both the 11th 12th five quite a while arrangement states, “Education will be the greater part discriminating component for empowering kin with abilities Also learning and providing for them entry will profitable vocation later on.” Even, the umpteenth general gathering proclaimed 2005-2014 Likewise those “UN decade for Education” for reasonable advancement. The objectives of the decade would should give acceptable a “opportunity to refining Also pushing feasible improvement through at manifestations of instruction”.

Education is

 Acquiring knowledge,

 Formation of character and

 Development of social traits.

So, we can say it is

 Life building

 Man – making and

 Character making. Education should lead to nationalism and broader internationalism.

Secondary rates about childhood unemployment bring turned into a structural issue for India, with the goal also done numerous nations. In place on weed crazy these issues confer about training particularly business and benefits of the business which includes

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Vol.03, Issue 04, April 2018, Available Online: www.ajeee.co.in/index.php/AJEEE

3 an entire quite a few vocation exercises is a critical result. Again, training need an uncommon note worthiness for those booked Castes and planned Tribes (SCs &

STs) who need aid confronting a distancing circumstances in the advancement methodology.

Therefore, that essential destination for business training will be will give acceptable a progressed vocation of the kin at the bottom of the pyramid Eventually perusing empowering them to figure out how the trade training could make leveraged for maintainable comprehensive development. Those mission for higher training particularly clinched alongside trade is refined On it succeeds in get ready what's to come era clinched alongside fabricating An country that is independent monetarily offers them an base that provides for them the flexibility on make Also investigate.

2.1 Shortcomings In Present Commerce Education: Indian Perspective

The Report of the Curriculum Development Centre in commerce (1989) in its preamble has stated: “Commerce as a disciplineis not properly understood by administrators, commonmen and even by educationist. This is being equated withone subject like Physics or Chemistry or Math‟s or History etc.In the University system, by and large, there is only one Departmentof Commerce while under Science discipline; thereare Departments of Physics, Chemistry, Botany, and Zoology andso on. There is an urgent need to treat Commerce disciplineat par with science for its proper development and growth.The UGC Curriculum Development Centre in Commerce, aftercareful discussion, has divided the Commerce discipline intothree major areas, i.e.

 Accounting,

 Business Studies and

 Business Economics.

In commerce, it is crucial to have above clear – cut divisionfor proper development of this discipline as well as designingmeaning ful curriculum at undergraduate and post – graduatelevels.”

There are various deficiencies in present system of imparting Commerce Education which has considerably impairedthe

process of developing efficient man power needs for businessand industry.

They include

 Mismatch in job market,

 Lack of computer skills,

 Use of local/regional langrage,

 Lack of communicative/soft skills,

 Absence of internship,

 Lack of knowledge of recent developments,

 Traditional talk and chalk method of teaching,

 Divorce between theory and practice,

 Lack of value – based education,

 Ignorance of entrepreneurial skill development etc.

3. COMMERCE EDUCATION – THE DESIGN FOR FUTURE

Production about brilliance Furthermore accomplishment about caliber yield request nonstop Also managed dedication and exert on the and only every Furthermore each stakeholder. An long – term arranging Also well-orchestrated execution methodology must make consumed with those mission for „for those nature Eventually perusing those quality‟ to streamline trade instruction done India and the same could make viably a chance to be tended to for the assistance of the accompanying compelling suggestive of measures:.

Curriculum Development

There is a need for a total revamp in the curriculum structureof different programmers in commerce/business education.The course contents of most of the programmers being currentlyrun in commerce are found to be incongruent with theirobjectives and consequently the students completing thesecourses are by and large unfit in the job market. The knowledgeand skill required to be developed by the course contentin commerce is inadequate in terms of content, transactionaland evaluation strategies. It hardly needs stressing that thecourse content should be in accord with the needs of thelearner, society and job market and should meet the local, nationaland global standards.

Updated Teaching Aid

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Vol.03, Issue 04, April 2018, Available Online: www.ajeee.co.in/index.php/AJEEE

4 It is a fact that even today; too many educators rely onout-dated and inefficient teaching methods, failing to providestudents with the knowledge and skills necessary to competein today‟s increasingly complex business environment. There isa need to improvise our teaching aid the way to made it applied,updated, efficient and realistic.

Study materials shouldbe revised and updated regularly.

Dynamic Pedagogy

Transaction of the courses depends much on dynamic andresponsive pedagogy at various levels. In addition to interactiveteaching style the faculties

have to evolve learner

friendlyinstructional procedures based on promoting abilities, skills,competencies and positive dispositions relating to new issues.In this context, technology driven strategies and presentationof content assume significance for ensuring effective implementationof the course content. The faculties have to be proactiveand fluent in updating the content knowledge throughinternet and power point presentations for their class teaching.

Comprehensive and Continuous Evaluation

Very recently our school system has switched from summativeto comprehensive and continuous evaluation which essentiallyis the combination of both formative and summative evaluations. This type of evaluation encompasses relatively moreareas of evaluation of student‟s performance than the summativetype. It can also be extended to all the courses of higher education in commerce stream with a little bit of alteration inthe forms of formative and summative evaluation patterns.The formative evaluation may consist of assignments, projectworks, and power point presentations, boo review, seminal presentations,class interactions, quizzes etc.

Life Skills Education

Life skills education enables students to translate knowledge, attitudes and values into action. Life skills can include cooperation, negotiation, communication, decision – making, problemsolving, and coping with emotions, self-awareness,

empathy,critical and creative thinking, assertiveness and preparation forthe world of work. The emphasis of life skills education on developing attitudes and values, and translating those changesinto observable behaviors, is an important perspective to incorporateinto commerce education programmers.

Information Technology Savvy Information Technology (IT) is a highly viable option for providingeducation to anyone anywhere and more importantlyanytime of the day or night. It has brought a silent revolutionin the world of 21st century – Information Revolution. Useof Information Technology in Commerce Education helps inbuilding and sharing the existing resources optimally. Now aday‟s information technology skill enables an individual to usecomputers, software applications, database and other technologiesto achieve a wide variety of personal and professionalgoals. Accordingly, commerce education must have Information Technology component and learners must be IT savvy.

4. CONCLUSION

Things are evolving around us precise dramatically, precise rapidly. Evolving worldwide states request that we reconsider what, however shockingly a greater amount important, how furthermore the place we figure out. We require instruction to the 21st century.

Arriving at today‟s people obliges new devices Also methodologies – the of age

„sit get‟ approach will Taking in is not a compelling route with achieve an era from claiming learners who need aid acclimated with dynamic captivated. A standout amongst those fundamental works for training will be preparation for people to life. In the exhibit 21st century, information may be viewed similarly as the fundamental wellspring to socio – social and politico – investment advancement about nations or countries.

A progress in syllabi, instructional method Also framework from claiming instruction might launch the procedure of quality expansion. This will profit those scholars vis – a – vis those culture From multiple points of view. With conclude, it might a chance to be said that business instruction clinched alongside a

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Vol.03, Issue 04, April 2018, Available Online: www.ajeee.co.in/index.php/AJEEE

5 globalized economy obliges a new gander Also another dream. Revamping those business training obliges necessity consideration of the concerned instructive foundations.

REFERENCES

1. Agarwal, Pawan (2009), Indian Higher Education: Envisioning The Future, Sage, New Delhi. |

2. Banks, J.A. and Banks, C.A.M (Eds.) (1993), Multicultural Education: Issuesand Perspectives, Allyn and Bacon, Boston. | 3. Bhardwaj, A.P. (2011), Re – engineering

Higher Education: Need of the Hour, University News, Vol. 49, No. 51, December19-25, pp. 14-16. |

4. Carree, M. and Thurik, A. Roy (2002), The Impact of Entrepreneurship on Economic Growth, in ZotanAcs and David B. | 5. Jha, S.K. (2012), AccountingEducation

Needs An overhauling, Seminal Paper Presented in Seminar on Change Management in Higher Education on 26- 27th March under the aegis of Department ofCommerce and Business Administration, L.N. Mithila University, Darbhanga. | 6. (2013), Reinventing Management

Education – Design for The Future, ACME International

7. Journal of Multidisciplinary Research. | 8. Koshi, Lissy (2013), Web Based Education,

University News, Vol. 51, No. 29, July 22- 28, pp. 14-15. |

9. Kumar, Ashish (2012), WeNeed to Rescue the Business Schools, Seminal Paper Presented in Seminar on Change Management in Higher Education on 26- 27th March under the aegis of Departmentof Commerce and Business Administration, L.N. Mithila University, Darbhanga. |

10. Naik, B.M. (2012), Role of Alumni and Their Associations in Energizing Colleges and Universities,University News, Vol. 50, No.

47, November 29-25, pp. 17-20. |

11. Panda, Niharika (2013), Peace Education:

The Best Investment for Future Generation, UniversityNews, Vol. 51, No. 3, January 21-27, pp. 16-17.

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