Commerce

Introduction

Department of Commerce

The Department of Commerce, established in 2024, is dedicated to providing students with a comprehensive understanding of business, finance, and management through a student-centric approach and ICT-based teaching methodologies. With a team of highly qualified faculty members, the department ensures an interactive learning environment that blends theoretical knowledge with practical applications.

The curriculum follows a strict teaching plan aligned with the academic calendar, ensuring systematic delivery of course content. The department offers four specialized subjects—Marketing and Salesmanship, Banking and Finance, Financial Accounting, and Business Administration—to equip students with industry-relevant skills.

The department emphasizes experiential learning through field visits, project-based learning, and remedial teaching, catering to students with varied learning needs. Strong industrial linkages and MoUs provide students with internship and placement opportunities, bridging the gap between academia and the corporate world.

Additionally, the department fosters an entrepreneurial mindset by encouraging entrepreneurship activities and guiding students in competitive exam preparation. Through a holistic approach integrating academic rigor with skill-based training, the Department of Commerce aims to develop competent professionals ready to thrive in the dynamic business landscape.

Faculties

Sr. No Name of the Faculty Desiganation Qualification Teaching Experience
1 Ms. Hina Sadik Shaikh Lecturer M.com. -

Strength & Future Plans

  • Experienced Faculty – Highly qualified and dedicated professors with expertise in various fields of commerce, finance, and management.
  • Comprehensive Curriculum – Well-structured courses covering accounting, taxation, business management, marketing, and economics.
  • Industry Exposure – Regular guest lectures, industrial visits, and workshops by professionals from the corporate world.
  • Practical Learning Approach – Emphasis on case studies, internships, and live projects for real-world business experience.
  • Digital Learning Resources – Availability of online study materials, e-books, and smart classroom facilities.
  • Placement Support – Strong collaboration with reputed companies for internships and job placements.
  • Entrepreneurship Development – Special programs to encourage students to start their own businesses.
  • Extracurricular Activities – Commerce clubs, business fests, and competitions to enhance student engagement and leadership skills.

Future Plans for the Commerce Department

  • Introduction of New Courses – Launching specialized programs in digital marketing, financial analytics, and business intelligence.
  • Collaboration with Industries – Strengthening ties with industries for better internship and placement opportunities.
  • Skill Development Programs – Offering certification courses in stock market trading, GST, Tally, and other relevant fields.
  • Research & Development – Encouraging students and faculty to conduct research in emerging business trends.
  • International Exposure – Establishing partnerships with foreign universities for exchange programs.
  • Advanced Infrastructure – Upgrading classrooms with smart technology and setting up a dedicated business incubation center.
  • Alumni Network Strengthening – Building a strong alumni association to mentor current students.
  • Sustainability Initiatives – Promoting eco-friendly business practices and corporate social responsibility (CSR) projects.

Course Otcomes & Program Outcomes

Sr. No Program Outcomes Course Outcomes
1 Accounting Proficiency:
a) Graduates will demonstrate a fundamental understanding of financial, cost, and management accounting principles and practices.
b) They will have the ability to prepare and interpret financial and cost statements accurately.
c) Graduates can apply accounting concepts to record business transactions and analyze financial data effectively. 		Fundamentals of Marketing
• Understand the core concepts and principles of marketing.
• Learn about consumer behavior, market segmentation, and targeting strategies.
• Gain knowledge of modern marketing techniques, including digital marketing and branding.
• Analyze real-world marketing case studies to develop strategic thinking.
2 Mathematical and Statistical Analysis:
a) Graduates will acquire proficiency in mathematical and statistical concepts and techniques relevant to business applications.
b) They can solve mathematical problems related to commerce and economics, applying quantitative methods for business decisions.
c) They will develop skills in collecting, analyzing, and interpreting data, using statistical software and tools for solving business problems. 		Fundamentals of Banking and Insurance
• Understand the structure and functioning of the banking and insurance industry.
• Learn about financial instruments, banking regulations, and risk management.
• Gain insights into different types of insurance policies and their role in financial security.
• Study the impact of digital banking and fintech innovations.
3 Technology and Computerized Accounting:
a) Graduates will master the use of accounting software for efficient and accurate financial data management.
b) They can create, manage, and analyze financial records using computerized accounting systems.
c) They understand the importance of data security and integrity in computerized accounting. 		Business Accounting
• Develop a strong foundation in financial accounting principles.
• Learn to prepare and interpret financial statements.
• Understand the concepts of ledger posting, trial balance, and rectification of errors.
• Apply accounting standards in the preparation of final accounts.
4 Communication Skills:
a) Graduates will develop effective communication skills for business contexts, including written and oral communication.
b) They will be able to present ideas and information clearly and professionally.
c) Graduates can resolve conflicts through effective communication and understand cultural sensitivity in business. 		Business Communication
• Improve professional communication skills in business settings.
• Learn effective email writing, report writing, and presentations.
• Enhance verbal and non-verbal communication techniques.
• Develop interpersonal skills for teamwork and leadership.
5 Financial Reporting and Analysis:
a) Graduates will understand financial reporting standards and regulations.
b) They will analyze financial statements for decision-making and investment evaluation.
c) They will apply accounting principles for accurate financial reporting. 		Corporate Financial Accounting
• Understand financial reporting concepts and compliance requirements.
• Learn to analyze balance sheets, income statements, and cash flow statements.
• Apply accounting standards to business financial records.
• Evaluate financial performance using ratio analysis.
6 Business Economics:
a) Graduates will develop an understanding of micro and macroeconomic principles.
b) They can analyze market trends and business cycles.
c) They will apply economic concepts for strategic decision-making. 		Principles of Economics
• Learn fundamental economic concepts and their application in business.
• Study demand and supply analysis, pricing strategies, and market structures.
• Understand economic policies and their impact on business growth.
• Analyze cost and production functions in business operations.
7 Specialized Accounting Knowledge:
a) Graduates will develop a solid foundation in cost and management accounting principles.
b) They can calculate and analyze various costs involved in business operations and apply cost accounting techniques.
c) Graduates will gain expertise in advanced cost and management accounting for strategic decision-making. 		Open Elective (As per College Selection)
• Gain additional knowledge in an interdisciplinary subject of interest.
• Develop critical thinking and problem-solving skills in the chosen elective.
• Apply theoretical concepts to real-world business and social scenarios.
8 Financial Reporting and Analysis:
a) Graduates will gain an advanced understanding of financial accounting principles, standards, and regulations.
b) They will be able to analyze complex financial transactions, prepare financial statements, and interpret them for stakeholders and investors.
c) Graduates will apply accounting standards and principles for financial reporting in various business contexts. 		Indian Knowledge System
• Understand the fundamentals of Indian Knowledge Systems and their relevance in modern times.
• Explore ancient Indian contributions to science, mathematics, medicine, and technology.
• Gain insights into Indian philosophical traditions, ethics, and value systems.
• Learn about India's economic and trade practices, including traditional industries.
• Study Indian literature, languages, art, and cultural heritage.
• Apply traditional Indian knowledge to contemporary fields like wellness, sustainability, and education.
9 Economic Analysis and Decision-Making:
a) Graduates will understand economic principles and their application in business.
b) They can analyze economic factors affecting business decisions and evaluate economic policies' impact on the business environment.
c) Graduates will be able to apply economic principles for business strategy and development. 		Co-Curricular (CC)
• Enhance leadership, teamwork, and interpersonal skills through various activities.
• Develop creativity and problem-solving abilities through practical and experiential learning.
• Improve communication skills and self-confidence by participating in debates, public speaking, and cultural events.
• Promote physical fitness and well-being through sports, yoga, and recreational activities.
• Gain exposure to social responsibility and community engagement through NSS, NCC, and volunteer programs.
• Develop time management and organizational skills by participating in extracurricular events.
10 International Accounting and Taxation:
a) Graduates will have an understanding of international accounting standards and their application.
b) They can navigate complex tax laws and regulations effectively for businesses and individuals.
c) Graduates will provide specialized tax advice for international and cross-border transactions. 		-
11 Management Accounting and Strategic Decision-Making:
a) Graduates will apply advanced management accounting techniques for strategic decision-making.
b) They can analyze cost and performance data to optimize organizational efficiency and develop budgets and forecasts to support organizational goals.
c) Graduates will implement management accounting practices to enhance organizational competitiveness. 		-
12 Ethics and Professionalism:
a) Graduates will demonstrate ethical conduct in accounting and business practices, adhering to professional standards and regulations.
b) They will prioritize accuracy, integrity, and confidentiality in financial reporting and data management.
c) Graduates will communicate ethical principles in business relationships and decision-making. 		-