International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

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Reimagining Commerce Education in India: From Book-Keeping to Multidisciplinary Business Studies in a Changing Knowledge Economy

Author(s) Dr. J. Madegowda
Country India
Abstract This study examines the evolution of commerce education in India, tracing its transformation from the book-keeping traditions of the colonial era to contemporary, multidisciplinary business studies in the changing knowledge economy. It aims to analyse the historical foundations, structural shifts, and recent reorientation of commerce education, and to evaluate how these developments reflect broader pedagogical, institutional, and economic changes. Adopting a conceptual–historical and policy-analytical approach, the study draws on secondary literature, curriculum frameworks, policy documents, and comparative international perspectives. The analysis identifies three broad phases in the evolution of commerce education: an early accounting- and mercantile-centric orientation, the post-independence consolidation of commerce education as an academic discipline, and a more recent transition towards business studies and multidisciplinary curricula. These shifts have been driven by industrialisation, economic liberalisation, globalisation, and digitalisation, alongside changing student aspirations and labour market expectations. Furthermore, the study emphasises persistent challenges, including quality assurance, curricular fragmentation, faculty preparedness, and the ongoing dilemma between employability and academic rigour. The originality of the study lies in foregrounding commerce education as a crucial yet underexamined part of higher education reforms in India, and in situating this experience within global debates on multidisciplinary business education from a Global South perspective. The findings provide important implications for higher education policy, curriculum design, pedagogy, and institutional reform.
Keywords Commerce Education; Curriculum Transformation; Employability; India; Higher Education Policy; Knowledge Economy; Multidisciplinary Business Studies
Field Sociology > Education
Published In Volume 8, Issue 1, January-February 2026
Published On 2026-02-12
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E-ISSN 2582-2160
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