In this highly competitive era you need qualifications that gel with the employers’ expectations. Hit the ground running from Day-1 with these qualifications that make you a perfect fit for the industry.
Opening up of the Indian economy and the knowledge revolution have played a catalyst’s role in higher education boom. The increasing number of global and Indian multinationals has pushed the demand for skilled graduates, fueling students’ interest for courses in management and commerce. However, lack of industry exposure and practical experience in a focused domain for a large number of graduates has added to the issue of unemployability. Corporate world has initiated collaborative programmes with academic institutes so as to get talented personnel with skill-sets that are relevant to their needs.
Commerce and Management education covers vast area in the Indian education system from secondary to post-doctoral education. The word commerce primarily conveys the theoretical notions of buying and selling whereas management comprises planning, organizing, staffing, leading or directing, and controlling an organization or initiative to accomplish a goal. Commerce and Management education is in greater demand especially after the change towards liberalization, privatization and globalization.
Role of technological revolution
The technological revolution has further provided new dimensions such as E-banking, E-marketing, E-commerce, E-finance, E-investment paperless trading and governance all over the world. At the same time, the outsourcing business through call centres, small business operations, IT-enabled services etc. are expanding rapidly. These developments demand a paradigm shift in teaching and learning process, which is why the new skills and training are being offered through tie-up programmes to cope up with the changes. To meet the growing needs of the business society, the relevance of commerce education has become imperative and is witnessing a marked change in the way commerce and trade is linked to knowledge. The first decade of the twenty first century has been of trade and industry. The growing importance of commerce and management has propounded the necessity of human resource equipped with hands-on learning with some orientation in research.
Business education has a long history in India, dating back to the 19th century. Early Business-Schools were focused on the commercial side of business, seeking to fulfill the needs of the then British government. In fact, India’s first B-school, i.e., Commercial School of Pacchiappa Charities was set up in 1886 in the southern city of Chennai. In 1903, British government initiated secondary school level commerce classes at the Presidency College in Calcutta (now a university) with a focus on secretarial practice, business communication, short hand, typing, correspondence and accounting. Historically speaking, the first college-level Business School was founded in 1913 in Mumbai (Sydenham College), followed by one in Delhi in 1920 (Commerce College, now Sri Ram College of Commerce).The IISc in 1948, Xavier Labor Relations Institute (XLRI) at Jamshedpur in 1949 and IISWBM at Kolkata in 1953 were among the first few.
At present there are over 3500 management institutes across India and many among them such as Indian Institutes of Management (IIMs) and Indian School of Business (ISB) are counted among the best in the world. Open programmes and customized courses in such institutes are highly sought after primarily due to the high employability quotient and practical knowledge imparted.
Let’s look at some of the programmes in this domain that assure you a job once you successfully complete them.
Some Selected Institutes –
Fees (in INR)
Starting Salary after completion (in INR/annum)
CRISIL Certified Analyst Programme
Galgotias University- Toyota Sales Education Foundation
Galgotias University- Toyota Sales Education Programme
NIFT-TEA Knitwear Fashion Institute
BSC (Apparel Fashion Design)
22,000 per semester
NIIT University-ICICI Bank
MBA (Finance & Banking)
* CRISIL does not charge any course fee and selection is based on the basis of CRISIL Aptitude Test
** Free of cost training programme for the students and all the cost for the training is borne by Toyota and Galgotias University
# ICICI pays the fees to the University
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