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Department of Commerce & Business

SCOPE OF DEPARTMENT

Economics is the mother of Commerce. Application of Commerce is the father of Science. So Commerce is a “Profit Science”. Commerce education is an integral part of total education system. The term Commerce originally refers to and includes all those activities which create time, place and person utilities for individual and social ends. It is a living discipline and is totally different from other disciplines. Thus Commerce education must prove its relevance by developing efficient persons which in turn calls for drastic improvement in the quality of Commerce Education in India.

In the newly emerging concepts like globalization, privatization and liberalization have opened the doors for the development of Commerce and industry in India. (DEKA and PALIKAR 2004) F.G. NICHOLS has defined Commerce Education as a type of training which while playing its parent in the achievement of the general aim of education on any given level has for its primary objective, the preparation of people for entering upon a business career or having entered upon such career to render more efficient service there in and to advance from their present levels of employment to higher levels. Commerce education is that area of education, which develops the required skills, attitude and knowledge for the successful handling of trade and industry. During the last few years, it has grown remarkably both in corpus and scope. Today it is a growing discipline with a set up many multidimensional areas like accounting, finance, marketing, taxation, statistics and Human Resource Management. Our country imparts Commerce Education at three different but mutually inters linked levels- Pre University, under graduate & post graduate, with the objective of providing best education at all levels. It is noted fact that mankind has prospered and developed year by year, decade by decade and country by country. Along with this, there has been a parallel growth in economic activities. Thus it can be said that the growth in civilization goes hand in hand with growth in trade & commerce. The discipline of commerce imports a unified experience which helps the business world facilitating the supply of required front line personnel.

VISION

"To nurture ethical leaders and well-rounded individuals through quality education, holistic development, and equitable opportunities in commerce and management."

MISSION

"The Department is dedicated to delivering innovative education that equips students with practical and theoretical skills for leadership in a dynamic global economy."

Introduction to Department

The college run by Shree Krishna Educational and Charitable Society has established in the month of August 2009. The faculty of Management has been introduced at U.G level in the year 2009 and Faculty of commerce has been introduced at U.G. level and P.G Level (1st year) on the year 2015. Ms. Jashanjot is appointed as Head of Department of Commerce and Management Department in the year 2024.

Programs Offered

B.Com

B.Com. is a high profile undergraduate program aimed to create enhanced competence of career positioning tied up with opportunity to become a global professional. By pursuing this course, a student will attain conceptual knowledge and analytic skills that may help in areas of employment at various levels.
Today, many MNC's are setting up their branch offices in India due to Liberalization and Globalization of Indian Economy. Hence there are many employment opportunities for the Professional students. On completion of this course one can start one's career in Business Consultant/ Auditors / Tax Consultant / Chief Financial Analyst / Investment Banking / Capital Market / Personal Financial Advisors / Forensic Accounting / MNC's / Retail Stores / IT / Advertising and Media.

Programme Outcomes :
  1. After deep insight of fundamentals of commerce and other related disciplines like statistics, taxation, law, economics and finance.
  2. The curriculum offers a number of courses to equip the students to face modern day challenges in the field of business and profession.
  3. The learners will acquire skills like communication, decision making and leadership qualities in solving day to day business affairs.
  4. Students will have a comprehensive understanding of accounting skills, which can further be applied in their future careers and higher education.
  5. he learners will involve in various practical work as tax consultant, audit assistant and other financial supporting services.
  6. By goodness of the preparation they can turn into a Manager, Accountant , Management Accountant, cost Accountant, Bank Manager, Auditor, CompanySecretary, Teacher, Professor, Stock Agents, Government employments and so on.,
  7. Students will prove themselves in different professional exams like C.A. , C S, CMA, MPSC, UPSC. As well as other coerces.
Programme Specific Outcomes :
  1. PSO1: To Impart the ethical values and norms required for facing the challenges of growing Trade, Industry and Research.
  2. PSO2:  To provide expertise in Marketing, HR, Finance, Management, Accounting, Accounting standards, Income Tax and GST.
  3. PSO3:  Understand the concepts, principles and practices involved in undertaking business ventures.
  4. PSO4:  Develop financial, cost, auditing, entrepreneurial, marketing and managerial skills.
  5. PSO5: Understand the legal guidelines relating to the business activities.
  6. PSO6: Gain expertise and exhibit professionalism in Business Accounting, Income Tax assessment and GST calculations.
  7. PSO7: Acquire and apply ICT skills in business operations.
  8. PSO8:  Be an expert in business correspondence and effective in communication.

BBA

A Bachelor of Business Administration (BBA) is a bachelor's degree that helps you establish a fundamental understanding of business and how various aspects of it apply to the real world. It's a well-rounded degree currently in high demand because it's so versatile. BBA gives a broad insight into the different aspects of business and prepares the students for potential careers in business management. The course is designed to develop the students with the skills to solve business problems and achieve organizational objectives by employing strategies, processes, and tools.

Program Outcomes :
  1. PO1:  the individual must demonstrate maturity, professionalism and team working skills.
  2. PO2: the students will have general idea of operations in business.
  3. PO3: the individual will have specialized skills to deal with area specifific issues of concern.
  4. PO4: the individual will be able to apply technological knowhow for business advancements.
  5. PO5: the individual will be capable of analyzing, investigating and solving critical business issues.
Programme Specific Outcomes :
  1. PSO1: Apply reflective thinking and research skills using latest technology tools
  2. PSO2: Assimilate technical functional knowledge of operations in business organization
  3. PSO3: Demonstrate strategic and proactive thinking towards business decision making.
  4. PSO4: Illustrate negotiation skills and networking abilities
  5. PSO5: Acquiring Conceptual Clarity of Various Functional Areas
  6. PSO6: Ability to analyze various functional issues affecting the organization
  7. PSO7: Demonstrating ability to evolve strategies for organizational benefits
  8. PSO8: Analysis and interpretation of the data which is used in Decision Making
  9. PSO9: Demonstrate the ability to develop models / frameworks to reflect critically on specific business contexts
  10. PS1O: Demonstrate Effectively Oral and Written Communication
  11. PSO11:  Demonstrate Ability to work in Groups
  12. PSO12: Demonstrate understanding of social cues and contexts in social interaction
  13. PS13: Develop Ethical Practices and Imbibe Values for Better Corporate Governance.
  14. PS14: Understand ethical challenges and choices in a business setting
  15. PS15: Demonstrate understanding of sustainability related concerns in varied areas
  16. PS16: Analyze Global Environment and its Impact on Business
  17. PS17: Understand the ecosystem of start up in the country
  18. PS18: Deonstrate the ability to create business plans

M.COM

M Com full form is Master of Commerce which is a postgraduation degree that provides advanced knowledge in Commerce, Accounting, Finance, Economics, and Business Management. The MCom course duration is 2 years and is designed for students who wish to strengthen their expertise in financial and business subjects. The commerce stream encompasses economics, accounts management, accounting, and all economics-related subjects. M.Com refers to a Master's degree in commerce, which is a post-graduation degree in a specific subject of the commerce field.

Progamme Outcomes:
  1. PO1 : Equip the students with higher level knowledge and understanding of contemporary trends in commerce and business finance.
  2. PO2 : Train the students to evaluate environmental factors that influence business operation with the conceptual requirements and skills on preparation and interpretation of financial statements.
  3. PO3 : Prepare the students for an in depth analysis of investment, portfolio management, investment banking and liquidation of investments.
  4. PO4 : Develop competency in the students about the laws and regulations, and roles of commercial, government and central banks in controlling money market and inflation.
  5. PO5 : Sensitize the students to plan and undertake independent research in a chosen discipline.
  6. PO6 : Prepare the students for teamwork, lifelong learning and continuous professional development.
PROGRAM SPECIFIC OUTCOME

The post graduate program provides the students advanced knowledge in the field of business and management and also enables the students to acquire the basic skills required for carrying out business activities, research, stock market operations, accounting practices, etc. The program also provides them with adequate knowledge and skill to provide consultancy services in finance and marketing. Similarly after completion of the program students can confidently prepare for NET, SET, and other competitive examinations of their choice.

LIST OF FACULTY

 

S.No Department Name of Faculty Member Qualification No. of Publications No. of Certified Courses
1. Management Department Dr. Bhavet Professor (Dean Academic) Ph.D, M.Phil (Management), M.Phil (Commerce), MBA, M.Com, FDP (IIMK) 10 7
2 Management Department Dr. Sanjeev Modi Professor PhD, MBA, B.Sc diploma in MSEI. B.Sc Non Medical 14 ---
3. Management Department Ms. Jashan Jot PhD (Thesis Submitted), MBA (HR), UGC NET Qualified (Management), B.TECH (CSE) 7 6
4. Management Department Mr. Vijay Kumar MBA --- 2
5. Management Department Mr. Harmanjeet Singh MBA, BBA --- 4
6. Management Department Mrs. Jaspreet Kaur Bajwa MBA, B.TECH (CSE) --- 3
7. Management Department Mrs. Sukhpreet Kaur MBA --- 2
8. Management Department Mr. Kuldeep Singh MBA, B. Sc Agriculture --- 3
9 Commerce Department Ms. Kirandeep kaur M.Com --- 2
10. Commerce Department Ms. Beant Kaur M.Com (Honours), UGC NET Qualified (Commerce) --- 2
11. Commerce Department Ms. Riya Sadioura M.Com --- 2
12. Commerce Department Ms. Bhawna Rani M.A (Economics) --- 2
13. Commerce Department Mrs. Bimla Rani M.A(Punjabi) --- 1
14. Commerce Department Ms. Jashleen Kaur M.Com, UGC NET Qualified (Commerce) --- 4
15. Commerce Department Ms. Dimpi Kaur M.A.(English) --- 1
Value Added Certificate CoursesE

 

S.No VAC Code Valeu Added Course Duration Offered session Semseters Students Completed
1. Tally 40 Hrs. 2018-19