About the Department
RAAK recognized a Commerce department in the academic year 2007-2008. The department aims at providing not only academic excellence but also value creation among the students. Presently the department has about 240 students and 12 staff members who are highly qualified and experts in their respective fields. The department offers two programmes namely Bachelor’s degree in Commerce (B.Com) and Bachelor’s degree in Commerce with Computer Applications (B.Com.CA,) which is spread over three years and consists of six semesters, each approximately of six months. It provides a strong foundation level understanding of the functioning of business organizations, commercial transactions and of various specialized operations such as accounting, finance, taxation and marketing by offering a comprehensive curriculum. The B.Com programme is of 132 credits with financial markets, Retail & Service marketing electives in the fifth and sixth semesters. Students are required to undertake Commerce Practical during the sixth semester. The B.Com CA programme is of 132 credits with financial markets, MIS, Multimedia applications, & internet and web technology electives in the fifth and sixth semesters. Students are required to undertake Commerce Practical during the sixth semester. Special lectures from academicians and industry experts on curricular and extracurricular subjects are to be organized from time to time to provide latest insights in the field of Commerce.
Commerce Association KAIZEN provides facilities for students to promote creativity inter personal skills, communication skills, leadership qualities and team spirit.
Association Activities are:
- Guest Lecturers
- Paper Presentations
To be a center of excellence in the development of Executives and Business leaders who uphold moral values guided by faith.
To imparting knowledge, innovative practices and community service – offering socially responsive programs supportive of national and global development.
Program Educational Objectives
The Commerce program aims to achieve the following objectives:
- Will be capable of making a positive contribution to the accountancy in public practices, Govt commerce and industry.
- Will be able to pursue research in their chosen field of marketing, finance and HR.
- Will be able to demonstrate team spirits, skills and values continue to learn and adapt to change throughout their professional career .
The Commerce graduates should be able to:
- Accounting knowledge: Apply the knowledge of mathematics, Social science, accounting fundamentals, and accounting specialization to the solution of complex accounting & management problems.
- Problem analysis: Identify, formulate, research literature, and analyse socio – economic problems to arrive at substantiated conclusions using first principles of statistics, natural and social sciences.
- Design/development of solutions: Design solutions for economic problems and design case study, processes to meet the specifications with consideration for the public health and safety, and the cultural, societal, and environmental considerations.
- Conduct investigations of complex problems: Use research – based knowledge including design of tools, analysis and interpretation of data, and synthesis of the information to provide valid conclusions.
- Modern tool usage: Create, select, and apply appropriate techniques, resources, and modern statistical tools.
- The accountant and society : Apply reasoning informed by the contextual knowledge to assess societal, health, safety, legal, and cultural issues and the consequent responsibilities relevant to the professional accounting practice.
- Environment and sustainability : Understand the impact of the professional accounting solutions in societal and environmental contexts, and demonstrate the knowledge of and need for sustainable development.
- Ethics: Apply ethical principles and commit to professional ethics and responsibilities and norms of the accounting practices.
- Individual and team work: Function effectively as an individual, and as a member or leader in teams, and in multidisciplinary settings.
- Communications: Communicate effectively with the accounting professional community and with society at large. Be able to comprehend and write effective reports documentation. Make effective presentations, and give and receive clear instructions.
- Project management and finance: Demonstrate knowledge and understanding of management principles and apply these to one’s own work, as a member and leader in a team. Manage project in multidisciplinary environments.
- Life – long learning: Recognize the need for and have the preparation and ability to engage in independent and life – long learning in the broadest context of technological change.