Abstract:
Abstract: Business – industry, trade and commerce – has become highly technology
oriented and sophisticated. Information technology revolution has made the world a
global village. Information technology is influencing every walk of business.
Corporate are adopting new strategies. Accounting standards are evolved
internationally to be used in the preparation of financial statement. New financial
statements are being introduced in the capital market. There is a growing need for
improving the curricula of business studies. The main aim of this paper is to improve
course curricula of business studies with international bench marking to cope the
turbulent business environment of the seven contiguous countries of Bangladesh,
India, Sri Lanka, Nepal, Bhutan, Thailand and Myanmar (BIMSTEC). The study
addressed the need for change in the course curricula of business school. The
potential impact of the paper is to keep pace with the challenges and to equip our
students to face the challenges of tomorrow’s business; there is a definite need for
such an approach.
Due to the advent of information technology, maintenance and control of financial
records, management of commercial organizations has undergone a sea change.
Corporate Governance, Office Automation, Enterprise Resource Planning,
Information Systems Audit, E-Commerce, Effective Communication, Management
Consultancy Services and Social Science Research Methodology may be included
and concentrated in view of their increasing importance and relevance in the
changing scenario. The study reinforces that improvement in business school
curriculum should be a necessary step in order to realize BIMSTEC’s Business –
industry, trade and commerce potential.