+91 94217 42015

Maharashtra Shikshan Samiti's

महाराष्ट्र महाविद्यालय, निलंगा

(Affiliated to S. R. T. M. U. Nanded)

Commerce

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
2 Dr. Naresh Vyankatesh Pinamkar Assistant Professor 06/09/2011 13 Years
3 Mr. Suryawanshi Sandip Dnyaneshwar Assistant Professor (CHB) 15/06/2019 4 Years
4 Miss Kamble Shilpa Baliram Assistant Professor (CHB) 01/07/2020 3 Years
5 Mr. Suryawanshi Vaibhav Uttamrao Assistant Professor (CHB) 09/08/2023

 

1 Year
6 Miss. More Sapna Govind Assistant Professor (Contract Basis) 16/06/2023 1 Year

 

  • 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.

 

l  Business Statistics Student can understand the basic concept of statistics and its application in business and data

analysis.

 

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

II l  Financial Accounting i) Student Can Understand the :

iii) Accounting Knowledge

iv) Application of Accounting in Business

l  Business Statistics and Mathematics Student can understand the basic concept of mathematics and its operational use in various

business operations.

l  Business Economics II  Students will be acquainted with the market structures and theory of

distribution is as applicable in business.

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

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.

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.

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.

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.

 

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.

 

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

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

 

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

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.

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

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

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.

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.

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.

 

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.

 

l   Banking and Finance-II Students will be able to understand the structure of Indian financial system and regulatory bodies like RBI and

SEBI.

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.

 

2. Quantitative Techniques for Business

 

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.

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.

 

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.

 

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.

 

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.

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.

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.

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.

III 1.Financial Management

 

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.

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

3. Research Methodology

 

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.

 

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.

 

IV 1. Advanced Financial Management

 

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

2. Accounting and Finance

 

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.

3.Research Project Work

 

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.

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.

 

 

  • 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. 2023-24 113 113 Results Awaited Results Awaited Results Awaited
  • 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
Professor S.B Dayma, NISM SEBI Resource Person while delivering Financial Literacy Lecture

 

Financial Education Workshop
Entrepreneur Meet
Tukaram Patil , renowned entrepreneur while guiding Student
Entrepreneur’s Interview
3 Study tour And Field Visit
Visit to Local Bank

 

Visit to D-mart Latur (13/03/2024
Visit to NSAI Sugar Factory Ranjni

 

  • 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