Management and Economics has become wide in discussing topics in present context. In every country most of the decisions are taken based on these subjects. In order to govern a country, policy makers should have a thorough understanding about these subjects. Because of that reason, the value of this conference has increased day by day. As a result of that we thought to hold this conference for the third consecutive year.Gross Domestic Product (GDP) of country is mainly based on businesses. Every country is not sufficient with Agriculture, so there needs to be businesses in order to support for the national income of the country. Businesses cannot exist for a longer period of time, if there is no proper management system. So the subject of management also play a crucial role in managing businesses. In businesses management will aid to coordinates the efforts of people to accomplish goals and objectives by using available resources efficiently and effectively. Management includes planning, organizing, staffing, leading or directing, and controlling an organization to accomplish the goal or target. Management is also an academic discipline, a social science whose objective is to study social organization.