Faculty and experts stress integration of AI, digital tools, and entrepreneurship in modern commerce education
The Commerce Department of Lala Rural College organized a Business Studies Day on Tuesday, emphasizing the critical need for students to blend traditional business knowledge with cutting-edge technological skills and entrepreneurial thinking.
Dr. Hrisheet Chandra, Head of the Commerce Department, inaugurated the program with a welcome address that set the tone for the day’s discussions on modernizing commerce education. The event brought together faculty members, industry experts, and students to explore how business studies must evolve to meet contemporary market demands.
During the program, speakers highlighted several key areas requiring immediate attention in commerce curricula. Technology integration in business operations emerged as a central theme, with particular emphasis on artificial intelligence-based learning systems transforming how commerce is taught and practiced. The discussion covered how digital transformation is reshaping financial management, banking operations, and insurance services.
The college principal delivered a keynote address urging students to develop competencies aligned with current industry expectations. He stressed that theoretical knowledge alone is insufficient in today’s competitive landscape, advocating instead for practical application of business concepts and active entrepreneurship development among students.
Financial literacy received special attention during the deliberations, with speakers noting its fundamental importance in modern business education. The program also examined research methodologies and their real-world applications in business studies, encouraging students to pursue advanced studies and contribute to commerce research.
Faculty members emphasized that graduates must possess comprehensive training spanning both conventional commerce principles and modern business technologies to succeed in evolving job markets. The evolving landscape of banking, insurance, and financial services was discussed extensively, with experts outlining how these sectors are being transformed by technological innovation.
Established in 1964 and affiliated with Assam University, Silchar, Lala Rural College has a long-standing tradition in higher education. Its Commerce Department, founded in 1983, has consistently provided quality undergraduate education in commerce and business studies, adapting its programs to meet changing educational and industry requirements.
The Business Studies Day concluded with a collective commitment to enhancing the department’s focus on entrepreneurship development, research-based learning, and technology integration to prepare students for the challenges of modern business environments.