Department of Commerce : Globalization and Liberalization has brought tremendous changes in the field of Commerce and Management Studies. The economies of the nations whether developed or progressive depend upon the growth and development in the field of industry, business, commerce, trade and other related economic and business activities. The Commerce as a field of study offers a vast variety of subjects ranging from Financial Accounting, Management Accounting, Cost Accounting, Corporate Accounting, Auditing, Taxation, Business and Managerial Economics, Banking and Finance, Insurance, Retail Management, Business Communication, Financial Management, International Business Environment, Computer Application in Business, I.T. enabled services, Organizational Behaviour, Strategic Management, Human Resource Management, Corporate Law, E-Commerce and what not! Commerce and Management education offers tremendous opportunities for students aspiring to become entrepreneurs or to provide consultancy services in the field of Accounts, Finance, Management, Taxation and Stock Market Operations. It also caters to the needs of students who want to become professionals like CA, ICWA, CS, MBA, CFS, CFA, etc.
commerce as a discipline enables the students to become employable in various spheres of economic and business activities. The knowledge of commerce also provides the students tremendous opportunities in the field of ever increasing needs of the service sector, which contributes 60% share in the GDP of the nation. The department offers B.Com. with Banking & Finance and Entrepreneurship Development as optional subjects. At the Master level M.Com. with specialization in Advanced Banking & Finance and Marketing Management. The Board of Studies of Commerce Faculty strives for excellence in curriculum development by incorporating recent changes and requirements of various stakeholders.
Thus, in order to enhance the employability of students the department introduced subject like Entrepreneurship, Banking, E-commerce, Retail Management, Financial Management, etc. Similarly, skill enhancement course like Tally ERP 0.9, DTP, Soft Skill and Stock Market Operations are incorporated in the curriculum as skill / ability enhancement course. In order to develop life skills of the students, the department carries out various extracurricular activities through an association of commerce students called ‘Commerce Association’. For improving leadership and organizing skill of students, the Commerce Association organizes various programmes such as Career Guidance, Workshops, Skill enhancement programmes like Exhibitions, Dandiya Competition, Handicraft Exhibition, Mehandi and Rangoli Competition, Poster Presentation, Faculty Day, etc.
The department is a recognized research center of S.R.T.M. University, Nanded for Ph.D. research work. The faculty also undertakes Minor and Major Research Projects in the field of Commerce and Management. There are 14 research students pursuing Ph.D. under the guidance of Dr. P.N.Sagar, Dr. A.J. Raju and Dr. S.J.Kulkarni.
The department of Commerce organized two National level conferences. The other activities like exhibitions, Quiz competitions, Seminar, Poster presentation, Entrepreneurship Development workshop, Participation in NPTEL online courses, Organization of CA-CPT professional courses. Mehendi Competition, Salad decoration, Hair style, PPT presentation, Guest lecturers etc. every year. As a part of Continuous Internal evaluation under activity based test the department conducts Research paper analysis, surprise test, PPT presentation, poster presentation, and home assignment. In addition to this the faculties of the departments are felicitated for special achievements and at the time of retirement.