The Department of Commerce was established under the School of Commerce and Business Management from the academic year 2011-Since the inception of course, the Department has been committed towards promoting high quality professional education in commerce and related specialized papers such accounting and finance. The course is designed by a diverse range of academic offerings & experience to a multiplicity of paradigms. The course structure integrates a balance of Theoretical Analysis & Professional practices. Students are trained by renowned faculty which seeks to prepare well equipped accountants who can tackle new emerging challenges in the market. The Department has highly qualified and committed faculty to impart the commerce education in professional manner. Further Department has also got feature of calling Experts in the field of commerce from the Industries making it better teaching and learning environment. It helps in placing the students of commerce in the market.
Importance of Commerce in the Present Scenario :
- Commerce tries to satisfy increasing human wants
- . Commerce helps to increase our standard of living
- Commerce links producers and consumers
- Commerce generates employment opportunities
- Commerce increases national income and wealth
- Commerce helps in expansion of aids to trade
- Commerce helps in growth of industrial development
- Commerce encourages international trade
- Commerce benefits underdeveloped countries
- Commerce helps during emergencies
Opportunities for Commerce students
Commerce has always been an evergreen subject to study as far as career avenues are concerned. Increasing integration of the world economy and globalization has further enhanced its importance. The study of commerce includes subjects like accounting, statistics and economics. It is often selected by students for the doors it opens to a wide variety of career options.
The study of commerce and economics provides a springboard for work opportunities in a range of financial services, banking, business and industry, Management and entrepreneurial ventures, as also in law, Hotel Management and Government services.
Financial Planning is yet another professional opportunity for Commerce graduates and required mainly in the financial services sectors of Banking, Insurance and Investment Advisory Services.
The Indian stock market goes global this is another area which provides ample opportunities for those with a financial bent of mind.
Commerce and Economics graduates can also join the Civil Services or, in particular, the Indian Economic Service / Indian Statistical Service
One of the most promising avenues for commerce students is Insurance. With increased business activity and the entry of foreign insurance companies, insurance offers lucrative opportunities for commerce students with appropriate knowledge and training.
Company Secretary is another area worth looking at, as every company requires having a Company Secretary who ensures the efficient management of the organization. The Institute of Company Secretaries of India (ICSI), New Delhi conducts training for the course of Company Secretary through postal tuition.
Career options for commerce students include those in the accounting, auditing, finance and banking sectors.
Contact Details:
Email: hodcommercemanuu(at)gmail[dot]com
Office: +91 4023008458
Address: CPDUMT Building, Ground Floor, MANU Campus, MANUU, Gachibowli, Hyderabad -32
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