Department of Commerce
- About the Department:
The department of Commerce was established in 1970 with the inception of the college. The founder faculty members of the departments were Prof. Niture Sir, Prof. Tugave sir and Prof. D.T. Mugle sir. Dr. A.B. Dhalgade was the Head of the Department since 2010 to 2023. Prof. Dr. S.R. Wakle is presently working as P.G. Coordinator and Dr. N.V. Pinamkar is working as U.G. coordinator of the department.
The department offers two programs-
- B.Com. (General)
- M.Com. (Marketing Management)
- Faculty
Sr. NO. | NAME OF THE FACULY | DESIGNATION | DATE OF JOINING | EXPERIENCE | C.V. |
1 | Dr. Suryakant Rajaram Wakle | Professor | 21/11/2003 | 20 Years | DR._S_R_Wakle_CV |
2 | Dr. Naresh Vyankatesh Pinamkar | Assistant Professor | 06/09/2011 | 13 Years | Dr.N.V.Pinmakar |
3 | Mr. Suryawanshi Sandip Dnyaneshwar | Assistant Professor (CHB) | 15/06/2019 | 4 Years | Mr.Sandip Sir |
4 | Miss Kamble Shilpa Baliram | Assistant Professor (CHB) | 01/07/2020 | 3 Years | Shilpa Kamble CV |
5 | Mr. Suryawanshi Vaibhav Uttamrao | Assistant Professor (CHB) | 09/08/2023
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1 Year | Mr.Vaibhav Sir |
6 | Miss. More Sapna Govind | Assistant Professor (Contract Basis) | 16/06/2023 | 1 Year | Miss More Sapna |
- Faculty Awards/Achievements /Recognition
Sr. No. | Name of the Faculty | Year | Title of the Award/Achievement /Recognition | Awarded by |
1 | Dr. Suryakant Rajaram Wakle | 28/04/2019 | Best Teacher Award | Mahatma Phule Shikshak-Prishad,Dist.Beed, |
2 | Dr. Suryakant Rajaram Wakle | 05/03/2023 | Bharatratn Dr. A. P. J Abdul Kalam Puraskar,2023 | ‘India 24 News- Chandrapur, Dist. Chandrapur, |
3 | Dr. Naresh Vyankatesh Pinamkar | 2021 | P.G Teacher And Research Guide | S.R.T.M.U Nanded. |
- PROGRAMMES OFFERED
Sr. No. | Name of the Programme | In-take Capacity | Duration | Programme Outcomes |
1. | B.Com (General) | 120 (per Year) | 3 Year | 1. Students will be able to understand and apply the basic knowledge of-
l Financial Accounting l Business Economics l Business Statistics l Business Communication l Advertisement and salesmanship 2. Students will be able to understand and apply the basic knowledge of- l Corporate Accounting l Cost Accounting l Income Tax Law And Practice l Business Management l Business and Mercantile Law 3. Students will be able to understand and apply the basic knowledge of- l Advance Accounting l Management Accounting l Auditing l Banking And Finance l Marketing Management |
2. | M.Com | 80 (Per Year) | 2 Year | 1. Students will be able to apply economic principles and theories to analyze and make effective
managerial decisions. 2. Students will be acquainted utilize quantitative techniques and operations research methods to solve complex business problems. 3. Students will get proficiency in applying quantitative techniques for business, such as statistical analysis and mathematical modelling. 4. Students will understand the legal aspects of business, including mercantile law and its application in commercial transactions. 5. Students will be acquainted with utilization of accounting techniques for managerial decision[1]making and financial performance evaluation. 6. Students will capable to apply research methodology to design and conduct empirical studies in the field of commerce. 7. Students will understand the functioning of financial markets and investment strategies in a global context. 8. Students will be able to analyze the international business environment and its impact on organizations’ strategies and operations. 9. Student will develop expertise in corporate tax planning and management to optimize tax liabilities. 10. Student will understand organizational behavior theories and apply them to enhance managerial effectiveness and promote a positive work culture. 11. It will be provided the practical hands-on training to the students in the area of accounting, taxation, business management, financial management, marketing management, human resource management, insurance, banking, finance, etc. 12. It will be provided the job opportunities to the students in accounting, taxation, business management, insurance, banking, finance, etc. 13. The skills and knowledge will be developed among the students which required in the area of accounting, taxation, business management, financial management, marketing management, human resource management, insurance, banking, finance, etc. 14. Student will develop proficiency in Marketing Management, Human Resource Management and Banking Procedure and Practice. |
- Courses Offered
Year | Semester | Titles of the Courses | Course Outcomes |
B.Com | I | l Fundamental of Financial Accounting | Student Can Understand the :
i) Accounting Knowledge ii) Application of Accounting in Business |
l Business Economics-I | Students will be acquainted with the business economic principles and theories as are
applicable in business.
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l Business Statistics | Student can understand the basic concept of statistics and its application in business and data
analysis.
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l Fundamentals of Business Communication | Adequate Knowledge about good communication in business | ||
l Fundamentals of Salesmanship | 1. Identifying customers and their needs
2. Marketing sales presentation and organizing demonstration 3. Computer basics and needs and used in selling techniques |
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II | l Financial Accounting | i) Student Can Understand the :
iii) Accounting Knowledge iv) Application of Accounting in Business |
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l Business Statistics and Mathematics | Student can understand the basic concept of mathematics and its operational use in various
business operations. |
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l Business Economics II | Students will be acquainted with the market structures and theory of
distribution is as applicable in business. |
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l Modern Business Communication | Adequate Knowledge about good communication in business | ||
l Advertising | 1 students can understand the practices of advertising
2 the students can learn to maintaining the advertising techniques |
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III | l Corporate Accounting | 1. The course is beneficial to understand the provision of company act 1956 regarding the preparation of
accounts. 2. It is beneficial for students to move in to advance areas i.e. C.A, I.C.W.A, CS etc 3. It could help graduates to work as financial analyst, HRM officers. 4. It provides the knowledge of differentiating the profit Prior and post Incoorporation. 5. It provides the basic concept of knowledge of buyback, forfeatures of shares. |
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l Cost Accounting | On completion of this course students will be capable for
1. The selection of the appropriate cost accounting and their impact on the business policy. 2. The determination of cost as per element per unit of production. 3. The Identification and control of cost of production. 4. Becoming a superior Cost accountant and cost analyst. |
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l Principles of Business Management | 1. Successfully completion of this course, students will be able to understand the Managerial functions.
2. To understand the way of implementation of the planning process within the organisation. 3. It would help the students to clarify the basic and fundamental concepts of the management systems. 4. To illustrate the ability to directly leading and communicating effectively. 5. It would be useful for analysing, evaluating and synthesizing the information of management. |
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l Mercantile Law | It is very useful to perform various business activities as per rules and regulations and laid down provisions
under various business and mercantile laws of the government.
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l Fundamentals of Income Tax | 1. After Completion of course students will be capable to describe the provisions in the corporate tax
law which can be used for tax planning. 2. Students can well define the residential status of the assets. 3. Student of the course will be able to explain different type of income of their tax liabilities, expenses and their deduction ability. 4. Students who complete their course will be able to learn various direct and indirectr taxes and their implications 5. Students of the course will be able to state the use of various deduction to reduce the taxable income. 6. Student will be capable of choosing a career to become a Tax consultant.
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l Banking Service Skills (SEC) | 1 It is helpful to acquaint the knowledge of banking procedure
2 It is helpful to understand the detail knowledge of banking and financial situations 3 It is helpful to enable Banking, Economics, and management experience |
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IV | l Advance Corporate Accounting | 1) Student can acquire an idea about internal reconstruction of the company
2) The learn and understand how the two companies amalgamated 3) Students get knowledge of process of how the Holding company and subsidiary company come together 4) Provide the knowledge of Advance and recent transactional concept of corporate accounting
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l Advanced Cost Accounting | 1) It will assist to student in company decisions making in practical manner
2) Students has an opportunity to become a cost analyst and cost accountant 3) Students can evaluate financial cost and cost volume profit model By acquiring the costing knowledge 4) Students can become to propose an organizational design based managerial accounting concept. Pre requisite |
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l Business Management | 1.It is beneficial to become successful manager.
2.It is very useful to apply theories and techniques of management in practical life. 3. It develops managerial skills among the students. |
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l Corporate Law | 1) Student know the procedure of conducting meetings
2) Student hasan opportunity to become a company secretary 3) By acquiring the knowledge of technical process of company winding-up 4) Student can understand various provision of incorporation of company |
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l Income Tax Law and Practice | 1) Student able to make differentiate the direct and indirect tax
2) Student acquaint the knowledge and able to file tax return on individual 3) To learn and make able to compute total Income and define tax compliance and structure 4) Enable to understand amendment made from time to time by finance department |
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l Financial Markets (SEC) | After completion of this course students are able learn money market, equity market,
capital market and their applications and also able to understand the role central bank in money market. |
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V | l Advanced Accounting – I | Student can acquire knowledge of advance level of accounting for professional | |
l Management Accounting – I | Students can take managerial decisions regarding finance of the business | ||
l Auditing-I | Regarding minute study to find out the fraud and errors in accounting | ||
l Human Resource Management | Regarding the major living aspect of business i.e. human resources, helps to know the
recruitment and other basic needs. |
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l Banking and Finance-I | Students will be able to understand the structure of banking and the functions of a banker. | ||
l Self Employment-I (SEC) | “self-employment is best employment” to know the advantages of it.
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l Advanced Accounting-II | Student can acquire knowledge of advance level of accounting for professiona | ||
l Management Accounting-II | Students can take managerial decisions regarding finance of the business | ||
l Auditing-II | Regarding minute study to find out the fraud and errors in accounting | ||
l Marketing Management | To aware oneself in respect of difference between sales and marketing.
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l Banking and Finance-II | Students will be able to understand the structure of Indian financial system and regulatory bodies like RBI and
SEBI. |
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l Self Employment Skill-II | self-employment is best employment” to know the advantages of it. | ||
l Training & Project Work | To make students understand the application of theoretical knowledge of commerce through market survey and training. | ||
M.com. I | I | 1. Managerial Economics | 1. Students will be acquainted with the principles and theories of economics as are applicable in managerial decision making.
2. Students will be able to utilize the concept of utility, elasticity of demand, indifference curve analysis and consumers equilibrium etc. 3. Students will be able to apply various economic principles and theories as are applicable in business production and cost. 4. The students will able to compare different market structures with each another for product pricing. 5. The students will be able to understand the pricing of factors under different theories.
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2. Quantitative Techniques for Business
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1. Students will understand the importance of Business forecasting.
2. Students will understand quantitative techniques used in Business. 3. Understand the various methods of quantitative techniques used in Business. 4. Students will know and use various methods of hypothesis testing. 5. Student will understand how quantitative techniques are used to summarize, analyze and interpret data. |
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3.Financial Market | 1. Students will acquire the knowledge of financial terms.
2. Understand the career skills related to Stock Exchanges. 3. This would develop good understanding of the evolution, functioning and growth of fixed income securities. 4. This would help them develop good understanding of the primary market and secondary market in equity market. 5. Students would have a detailed knowledge of the functioning of the money market and will also be able to compare it with capital market.
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4. Research Methodology in Commerce | 1. Students will be able to understand the concepts and types of research in commerce.
2. Students will be able to construct the research problem and formulate the hypothesis. 3. Students will be able to understand the process and types of sampling and data collection. 4. Students will be able to make data analysis and its interpretation. 5. The students will be able to write a research report on a topic of their interest.
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II | 1. Accounting for Managerial Decisions | 1. Students will be acquainted with the principles and practices of accounting as are applicable in
managerial decision making. 2. Students will be able to utilize the concept of Budget, Budgeting and Budgetary Control. 3. Students will be able to apply technique of Standard Costing and Variance Analysis 4. The students will able to apply technique of Marginal Costing and Cost Volume Profit Analysis. 5. The students will be able to apply technique of Inflation Accounting or Price Level Accounting.
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2. Operation Research | 1. Students will be acquainted with the models and theories of Operations Research as are
applicable in business. 2. Students will be able to utilize the Transportation Model for solving Transportation Problem. 3. Students will be able to apply Assignment Model for solving Assignment Problem. 4. The students will able to find optimal sequence of the jobs to minimize total elapsed time and idle time. 5. The students will be able to identify year of replacement of asset to achieve economy in operation. |
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3. Commercial and Mercantile Law | 1. Students will be able to understand the essential elements of a valid contract, to make familiarize
the students with the special laws in business. 2. Students will be able to understand legal environment relating to commerce and business. 3. Students will be able to establish a sustainable working knowledge base of the core legal terms and concepts necessary for making informed business judgments throughout their subsequent career. 4. Students will be acquainted with the legal awareness. 5. Students will be acquainted with frame work of Indian business law. |
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4.Organizational Theory and Behaviour | 1. Students will be acquainted with the theories and models of Organizational Behavior.
2. Students will be acquainted with group behavior for creating effective work team. 3. Students will be able to develop attitude and values. 4. The students will be acquainted with motivational and leadership theories. 5. The students will be acquainted with International Organizational Behavior and Emerging Challenges. |
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5. On Job Training | 1. It will be provided the actual business work situations to the students along with theoretical
knowledge. 2. It will be provided the practical hands-on training to the students in the area of accounting, taxation, business management, financial management, marketing management, human resource management, insurance, banking, finance, etc. 3. It will be provided the job opportunities to the students in accounting, taxation, business management, insurance, banking, finance, etc. 4. The skills and knowledge will be developed among the students which required in the area of accounting, taxation, business management, financial management, marketing management, human resource management, insurance, banking, finance, etc. |
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III | 1.Financial Management
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1.The students will be able to handle finance function.
2.The students will become Successful Finance Manager. 3. The students will become Successful Business Person by handling Finance Function. |
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2. Advance Financial Accounting | 1. The students will become skillful account and finance manager.
2. The students will become skillful NET/SET qualified account and finance teacher |
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3. Research Methodology
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1. The students will become scientific researcher.
2. The students will be able to carry research and survey in area of marketing, HR, Production, account and finance.
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4.Marketing Management – I | 1. The students will become successful marketer.
2. The students will be able to carry research and survey in area of marketing, advertising and sales. 3. The students will become Successful Marketing Manager.
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IV | 1. Advanced Financial Management
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1. It will be help the students to enable and equip the students with the advanced functions and
tools of financial management. 2. The students will become Successful Financial Manager |
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2. Accounting and Finance
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1 It is helpful to make the students to understand the recent trends in accounting and finance.
2 It is helpful to understand the requirements of a career in accounting and finance. 3 It is helpful to make the students aware of working of money and capital markets and their regulatory authorities. 4 It is helpful to prepare students for NET/SET Examinations. |
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3.Research Project Work
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1. The students will become scientific researcher.
2. The students will be able to carry research and survey in area of marketing, HR, Production, banking, accounting and finance. |
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4.Marketing Management-II | 1. It is helpful to understand the opportunities and challenges in rural marketing.
2. It is helpful to understand the differences between Rural and Agricultural marketing. 3. It is helpful to evaluate different marketing strategies used in rural distribution and promotion.
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- Results
Sr. No. | Academic Year | No. of Students Enrolled | No. of Students Appeared for Exam | Passed | Failed | Percentage of Result |
1. | 2019-20 | 94 | 94 | 86 | 8 | 91.49% |
2. | 2020-21 | 104 | 104 | 104 | 0 | 100% |
3. | 2021-22 | 110 | 110 | 110 | 0 | 100% |
4. | 2022-23 | 100 | 100 | 100 | 0 | 100% |
5. | 2023-24 | 112 | 112 | 104 | 04 | 92.85% |
- Students’ Achievements/ Merits
Sr. No. | Academic Year | Name of the Student | % or Award or Achievement |
B.Com. | |||
1 | 2019-20 | 1. Ragho Om | 85.80 |
2. Mirgale Daivshala | 84.00 | ||
3. Pawar Pooja | 83.50 | ||
2 | 2020-21 | 1. Nilangekar Bhakti | 87.00% |
2. Dandwate Tanaji | 86.40 | ||
3. Suryawanshi Vaibhav | 86.06 | ||
3 | 2021-22 | 1. Barhanpure Poonam | 85.88 |
2. More Om | 85.00 | ||
3. Savare Vaishnavi | 84.60 | ||
4 | 2022-23 | 1. Miss Jadhav Vaibhavi Narayan | 86.75 |
2. Mr. Kale Prasad | 85.75 | ||
3. Miss Solunke Nikita | 84.68 | ||
M.Com | |||
5 | 2022-23 | 1. Miss More Sapana Govind | 77.77 |
2. Miss Shaikh Shamina Khaja | 77.18 | ||
3. Tambale Pragati | 75.00 |
- Best Practices of the Department
Sr. No. | Title of the Best Practice | Photos | ||
1 | Financial Literacy through SEBI |
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Entrepreneur Meet |
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3 | Study tour And Field Visit |
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- Notable Alumni
Sr. No. | Name of the Alumni | Present Designation |
1. | Mr. Sandip Shinde | Entrepreneur at Pune |
2. | Mr. Mallinath Dange | Assistant- Registrar, Latur |
3. | Mr. Rushikesh Gavankar | Manager ICICI Bank, Nilanga |
4. | Mr. Vishal Rupnar | PO, Canara Bank Jalna |
5. | Miss Maya Mane | Assistant Manager Saraswat Bank Pune |
6. | Mr Akshay Pankure | Clark, Mumbai High Court |
Sr.No | Title of the Activity | Link of Report |
1 | Value Added Course (Financial Educational for Young Citizens) | Value Added Course Report |
2 | Seminar-Report(One Day National Level Seminar) | Seminar Report_compressed |
3 | Guest Lecture-Dr.S.R.Rathi | S .R Rathi |
4 | Guest Lecture-Dr.B.S.Gitte | Dr.B.S.Gitte |
5 | Guest Lecture-Dr. M D.Kachave | Dr. M D.Kachave |
6 | Bank visit Buldana Urban Bank | Bank visit Buldana |
7 | capacity Building & personality development Programme for girls | capacity Building & personality development Programme for girls |
8 | poster Presentation competition | poster Presentation competition |
9 | career opportunities for Girls after B.com.(Guest Lecture) | career opportunities for Girls after B.com. |
10 | special guest lecture -Savitribai Phule Birth Anniversary (Dr.Benjalwar) | special guest lecture Benjalwar |
11 | one day work Shop on financial education for the Investment Awareness under NCFE & CDSL-Mr.Pradip Gudsurkar | one day work Shop on financial education for the Investment Awareness under NCFE & CDSL |
12 | Reserch project workshop | Reserch project workshop |
13 | one day work Shop on GST Return | one day work Shop on GST Return |
14 | D – Mart visit-Latur | D – Mart visit |
15 | Start ups special guest lecturer | Start ups special guest lecture |
16 | Guest lecture-Dr.Kundawar sir | kundawar sir Guest lecture |
17 | Ritesh Vyas Guest lecture | Ritesh Vyas Guest lecture |
Departmental Activities 2024-25
Sr. No. | Title of the Activity | Date | Link |
1. | 15 Day’s Soft Skill Training Program | 08/07/2024 | View Document |
2. | Career Opportunities in M.B.A & Banking | 17/10/2024 | View Document |
3. | Celebration of International Teacher’s Day | 05/10/2024 | View Document |
4. | Entrepreneurship Skill & Techniques | 21/09/2024 | View Document |
5. | Inauguration of commerce forum | 05/10/2024 | View Document |
6. | One Day Training Orientation Program | 20/06/2024 | View Document |
7. | UPSC Awareness Workshop | 05/10/2024 | View Document
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