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Title: Current Trends in Commerce and Management Education in the Digital Era: Challenges and Global-Indian Perspectives
Page: 114- 120
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The landscape of commerce and management education has rapidly evolved in the digital era, notably during 2023–25. Institutions globally, including in India, are increasingly adopting digital transformations online platforms, academic credit banks, and AI analytics to enhance educational outcomes. This paper reviews current trends, reflecting updated data and developments. Indian higher education enrolments reached 43.3 million in 2021–22, with continued growth anticipated through 2025. Globally, business-related fields constitute approximately 20% of tertiary enrolments. Significant investments in digital infrastructure are evident, exemplified by India’s University Grants Commission allocating ₹6,409 crore in 2023–24 to support online programs, and substantial global funding from organizations like the World Bank for digital education initiatives. These investments aim to enhance personalized learning and expand accessibility, though considerable challenges remain in overcoming infrastructure disparities and enhancing digital competencies among faculty and students. Additionally, employment trends for commerce and management graduates are shifting, emphasizing digital proficiency, data analytics, and AI skills as essential criteria sought by employers worldwide. This paper highlights enrolment patterns, funding trends, and employment outcomes, offering a comparative perspective between Indian and global contexts. It argues that addressing infrastructure challenges and skill shortages proactively can enable commerce and management education to effectively leverage digital transformation, ensuring competitiveness and inclusivity in the evolving global economy.

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