Commerce Department

Commerce Department was started in the year 2008-2009.

Seats Available - 40

 Sanctioned Posts - 02

Head of Department - Ms. Nirupa Sahu

Faculties :-

 

S.No

Name

Designation

Qualification

Date of Joining

Convenor

Photo
01 Ms. Nirupa Sahu Assistant Professor (Regular) M.Com , NET, SET 28.09.2017

1. NAAC Cordinator

2.IQAC Cordinator

3.UGC Incharge

4.RUSA Incharge

5.Convener -

Development Committee

Time Table Committee

Women Cell

AISHE

Scholarship

Account Checking Committee

Value Added Course Committee

College Website Committee

Digital India

 

Nirupa Sahu
02 Mr. Akash Dhangar Guest Faculty M.Com , M.Phill , NET   ----

Akash Dhangar

 

  Program Outcome

 

  • This program could provide Industries, Banking Sectors, Insurance

            Companies, Financing companies, Transport Agencies, Warehousing               

etc., well trained professionals to meet the requirements.  

  • After completing graduation, students can get skills regarding various aspects like Marketing Manager, Selling Manager, over all Administration abilities of the Company.  
  • Capability of the students to make decisions at personal & professional level will increase after completion of this course.  
  • Students can independently start up their own Business.
  • Students can get thorough knowledge of finance and commerce.
  • The knowledge of different specializations in Accounting, costing, banking and finance with the practical exposure helps the students to stand in organization.

Program Specific Outcome

 The students can get the knowledge, skills and attitudes during the end of· the B.com degree course.

  •  By goodness of the preparation they can turn into a Manager, Accountant , Management Accountant, cost Accountant, Bank Manager, Auditor, Company Secretary, Teacher, Professor, Stock Agents, Government employments and so on.,
  •   Students will prove themselves in different professional exams like C.A. ,· C S, CMA, CGPSC, UPSC. As well as other coerces.  
  • The students will acquire the knowledge, skill in different areas of communication, decision making, innovations and problem solving in day to day business activities.  
  • Students will gain thorough systematic and subject skills within various disciplines of finance, auditing and taxation, accounting, management, communication, computer.
  •  Students can also get the practical skills to work as accountant, audit assistant, tax consultant, and computer operator. As well as other financial supporting services.
  •  Students will learn relevant Advanced accounting career skills, applying both quantitative and qualitative knowledge to their future careers in business.
  •   Students will be able to do their higher education and can make research in the field of finance and commerce.

 

Course

Course Outcome

 B.Com 1st Year

Group I- Paper 1

 

Financial Accounting - 

By the end of the course students will be able :

1. To impart basic accounting knowledge as applicable to  business.

2. To understand the principles of accounting and its concepts.

3.  To understand the accounting knowledge of non trading organization.

4. To understand the concept of Hire purchase system and Installment purchase system.

5. To understand the rules of Dissolution of a partnership firm.

 

Group I- Paper 2

 

 

Business Communication -

 

By the end of the course students will be able to

  1. To develop effective basic communication skills .
  2. To develop effective business writing.
  3. To develop and deliver effective presentations.

 

 

 

Group II- Paper 1

Business Mathematics -

 

By the end of the course students will be able to

  1. To enable the students to have such minimum knowledge of mathematics as is applicable to business and economic situations.
  2. To learn simultaneous equations.
  3. To understand the concept of Matrics and determinants.
  4. To learn about Simple interest and Compound Interest, Commission ,Brokerage etc.

 

Group II- Paper 2

 

Business Regulatory Framework -

 

By the end of the course students will be able to

  1. To provide a brief idea  about the framework of Indian business laws.
  2. To identify the law relating to sell of goods acts 1930.
  3.  To determine law relating to negotiable instrument act 1881.
  4. To understand the law relating to consumer protection act 1986.
  5.  To understand the concept of intellectual property act.

 

 

Group III- Paper 1

 

Business Environment -

 

-

 

By the end of the course students will be able to

  1. To acquaint the students with the emerging issues of business at national & international level.
  2. To understand the basic concept of Business Environment.
  3. To understand problems of growth like population , poverty ,Industrial sickness.
  4. To understand the policies of libralisation and globalization.
  5. To learn about the international business environment.

 

Group III- Paper 2

 

Business Economics

By the end of the course students will be able to

  1. To acquaint the students to the principles of business economics.
  2. To understand the nature and scope of the business economics and their responsibilities.
  3. Describe the law of demand and supply.
  4. To understand the Concept of market and Determination of price under different competitions like perfect, imperfect, oligopoly, monopoly etc.
  5. To learn about production function.
  6. Explain the theory of Distribution.

 

B.Com 2nd Year

 

Group I - Paper 1

 

Corporate Accounting -

 

 

By the end of the course students will be able to

  1. To understand the concept of company and its Shares.
  2. To calculate valuation of goodwill and shares.
  3. To understand the accounting procedure of amalgamation and internal reconstruction.
  4. To determine final accounts of company.
  5. To understand the procedure of liquidation of a company.
  6. To learn to prepare consolidated balance sheet of a company.

 

 

Group I - Paper 2

Company Law -

 

By the end of the course students will be able to

1. To understand the background of the new company act 2013 and explain kinds of a company.

2. To understand memorandum of association and articles of association.

3. To explain membership in a company and its procedure and analyze the meaning of directors and concepts.

4. To explain the concept of prospectus.

5. To explain about majority powers and minority rights.

6. To understand capital management.

 

Group II - Paper 1

 

Cost  Accounting -

 

By the end of the course students will be able to

  1. To learn about the basic concepts of Cost accounting and the tools used in cost accounting.
  2. To understand the difference between cost accounting and financial accounting.
  3. To determine contract and costing its elements and features .
  4. To classify normal loss and abnormal loss and normal gain and abnormal gain.
  5. To prepare job costing and process costing.
  6. To learn about reconciliation of cost and financial accounting.
  7. To understand the concept of break even point.

 

 

 

Group II - Paper 2

Principles of Business Management -

 

By the end of the course students will be able to

1 .To understand the principles of business management and its scope and significance.

2. To explain the process of business management and functions of business management.

3. To discuss the meaning of delegation of authority and coordination and control.

4. To learn the characteristics and importance of planning and decision making.

5. To understand the theories of motivation and leadership

Group III - Paper 1

 

Business Statistics -

 

By the end of the course students will be able to

  1. To understand the meaning , scope , functions and limitations of statistics.
  2. To calculate mean , median, mode , geometric mean and harmonic mean.
  3. To evaluate mean , Standard, Quartile deviation.
  4. To understand the concept of Skewness and methods of Skewness- Karl Pearson's and Bowley.
  5. To learn the concept of Index numbers and its methods.
  6. To understand the concept the theory of Probablity.

 

Group III - Paper 2

 

Fundamentals of Entrepreneurship -

 

By the end of the course students will be able to

  1. To understand the entrepreneurial culture and industrial growth.
  2. To prepare them to set up and manage their own small units.
  3. To learn the role of EDP(Entrepreneur Development Program).
  4. To understand the entrepreneurial behavior and pshyco theories.

 

B.Com 3rd Year

Group I - Paper 1

Income Tax

 

By the end of the course students will be able to

  1. To  understand the basic of income tax act and its implication.
  2. To solve a numerical under the head of income from salaries.
  3. To solve a numerical under the head of income from house property.
  4. To solve a numerical under the head of income from business and profession.
  5. To solve a numerical under the head of income from capital gain.
  6. To solve a numerical under the head of income from other sources.
  7. To determine Taxable income and tax liability.

 

 

Group I - Paper 2

Auditing

 

 

By the end of the course students will be able to

  1. To impart knowledge about the principles and methods of auditing and its applications.
  2. To understand the importance and objectives of auditing.
  3. To explain different types of audit.

 

Group II - Paper 1

 

Indirect Tax -

 

By the end of the course students will be able to

  1. To impart basic knowledge about GST and applying the provision of GST in various situations.
  2. To understand the customs laws.
  3. To learn about state excise , CENVAT.

 

 

 

Group II - Paper 2 Management Accounting-

 

By the end of the course students will be able to

  1. To understand meaning scope functions and limitations of management accounting.
  2. To prepare fund flow statement and cash flow statement.
  3. To impart knowledge about marginal and absorption accounting.
  4. To understand budgeting for profit planning and control.
  5. To understand the concept of standard costing and its techniques.

 

 

Group III

Optional group

 

A- Finance Area

Financial Management Paper -1

 

By the end of the course students will be able to

  1. To understand the conceptual framework of financial management.
  2. To impart knowledge about capital budgeting.
  3. To understand theories of capital structure.
  4. To understand the management of working capital.

 

 

Financial Market Operations - paper 2

 

By the end of the course students will be able -

  1. To impart knowledge about the working of financial market in India.
  2. To understand Indian money market's Composition and structure.
  3. To understand function and role of stock exchange.
  4. To impart knowledge regarding securities contract & regulation act.

 

 

Optional group B- Marketing Area

Principle of Marketing   Paper -1

 

By the end of the course students will be able -

  1. To understand the concept of marketing and its applications.
  2. To impart knowledge about consumer behavior and market segmentation.
  3. To understand the concept of product planning ang development.
  4. To understand the concept of distribution channels and physical distribution.

 

International Marketing   Paper -2

 

By the end of the course students will be able

  1. To understand the operations of marketing in international environment.
  2. To understand the process of identifying and selecting of foreign market.
  3. To understand the methods of  international distribution.
  4. To impart knowledge about export policies in India.
  5. To understand international distribution channels.

 

Optional group C- Commercial  Area

Information technology and its application in business   Paper -1

 

By the end of the course students will be able

  1. To impart knowledge about innovation information technology and how it affects business.
  2. To understand fundamentals of computer.
  3. To learn about computer based business application.
  4. To understand the internet and its basic concepts.

 

 

E-Commerce Area

Essentials of E- Commerce   Paper -2

 

By the end of the course students will be able

 

  1. To familiar with the basics  of E- Commerce and to comprehend its potential.
  2. To impart knowledge about consumers's shopping procedure on internet.
  3. To understand EDI in governance.
  4. To understand the security and legal aspects in E-Commerce.

 

 

Optional group D- Money Banking and Insurance  Area

Fundamentals of Insurance   Paper -1

 

By the end of the course students will be able

  1. To understand fundamentals of Insurance.
  2. To impart knowledge about fundamentals of agency laws.
  3. To learn the procedure of becoming an agent.
  4. To understand online insurance procedure.

 

        Money and Banking System   Paper -2

 

By the end of the course students will be able

  1. To understand the working of Indian Money & Banking system.
  2. To about Banking regulation act 1947.
  3.  To impart knowledge about regional rural and cooperative banks in India.
  4. To impart knowledge about Reserve bank of India.
  5. To impart knowledge about State bank of India.
  6. To understand  internet banking system.