The Central University of Rajasthan commensurates with the Department of Commerce in 2012 to provide flexible, innovative academic and research programmes and support structures that are responsive to a broad range of learners and regional needs. The world is witnessing a high-tech revolution with changes in science, technology, commerce, and industry. The world now believes that knowledge is everything. With the opening up of the world economy by way of globalization, liberalization and privatization processes, all the business sectors are witnessing tremendous growth. The whole economy is undergoing a tremendous transformation with many new sunrise sectors like financial services, consultancies, etc coming up. The service sector is outstripping the manufacturing sector in growth. A career in these sectors involves challenging work, high growth opportunities, lucrative pay packets, and a professionally challenging work environment. The job market is undergoing a metamorphosis. This is creating a huge demand for careers in Commerce and Business. This has led to the huge change in the way we teach and deliver business studies courses.
The corporate world is dynamic and the changes are so severe that a series of new concepts and techniques are fast coming into being and the earlier and traditional ones are becoming obsolete. This situation has given rise to the need for restructuring the curricula of Commerce education at all levels so as to make it meaningful and compatible with the changing business scenario and introduce the concepts and techniques among the commerce teachers to further channelize and streamline their contribution. By introducing more and more professional skills, we need the output of graduates and researchers to be of the best quality in the world.