This literature review has been written to examine different tilapia farming practices both in semi-intensive and intensive systems. Extensive culture is not mentioned since it is not considered to be a real commercial production as the control over the system is quite limited and even semi-intensive system is being replaced by intensive system due to technological developments, high demand and increasing market prices of tilapia. In first chapter, environmental and nutritional requirements are also mentioned as they are closely correlated and play a key role in a successful production. The results of some recent studies and experiments suggest that tilapia has some superiority over other culture fish like faster growth, ability to utilize different feeds, wide tolerance for high stocking densities and environmental conditions. In addition to these advantages, tilapia do very well in integrated culture systems both with aquatic species; carp and shrimps, also crops like tomato and lettuce as well. As a result, this study is conducted to prove the advantages of commercial tilapia production covering economic values.