Vol. 5, Issue 10, Part B (2019)

Abstract
Modern commerce & management education includes diversified fields of education and research such as: Finance, Marketing, Accounting, Human Resource Management, Entrepreneurship Development, Production, Operations and Strategic Management Commercial and Business Law etc. These sectors have immense potential for the rapid growth of the economy. India being a developing country is facing new challenges to cope with, which put high demand on the educational system of the country. An attempt has been made in this paper to study the status and highlight, issues and challenges, government initiatives, opportunities and the road ahead in higher education with special reference to commerce and management education in India.