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Course profile: Commerce

The B Com (Hons) course of Delhi University provides specialised knowledge that helps a student in converting raw skills into those of a business leader.
Hindustan Times | By HT Correspondent
UPDATED ON MAY 29, 2008 10:55 PM IST

Commerce education is the study of a wide spectrum of economic activities. It covers a range of activities — manufacturing, construction, genetics, extracting and exchange of goods and services; provided they are carried out with economic considerations.

Students who prefer to join the commerce discipline must have reasonable understanding of human behaviour where judgments have to be made with messy, incomplete or incoherent data which is almost statistical wizardry that is more blinding than illuminating.

Most of the issues that business leaders face in their day-to-day functioning are about the final analysis and questions of judgment. What looks like a straight forward financial decision, say, to cut costs by relocating a service centre often has implications for marketing, sales, manufacturing and morale that can’t be shoe-horned into an equation. Strategic decisions specially, are likely to go away when based purely on quantitative factors.

The B Com (Hons) course of Delhi University provides specialised knowledge that helps a student in converting raw skills into those of a business leader. In the first year of the course, some basic subjects are taught. These subjects cover fundamental concepts of business and management, business law, economics, accounting and statistics. These subjects are supported by Business Communication; Computers; Politics, Ethics and Social Responsibilities. In the second year, the focus moves on to other areas; these cover Corporate Advanced Accounting, Cost Accounting, Corporate Laws, Income Tax, Theory and Application of Microeconomics. These subjects are supported by e-commerce, auditing, languages, mathematics and political science. In the third year, elective subjects are offered to build up specialisation in the areas of functional aspects of business. The major areas of specialisation are Investment Management, Marketing and International Business, Advertising, Personal Selling and Consumer Protection, Human Resource Management, Tax Planning and Management, Entrepreneurship and Small Business, Enterprise Business Solution and Business Data Processing. Finally, a project work is an essential requirement in the Third year. The entire course is supported by a tutorial system where students can innovate and experiment on any of the subjects.

The students who opt for commerce education must have the ability to identify and serve the common good. To do so requires much more than technical training. It requires education in moral reasoning, which must include history, philosophy, literature, theology and logic. The students with background in liberal studies and with series of intellectual and ethical exercise will prove to be the most suitable candidate to pursue commerce education at graduation level.

The opportunities for commerce graduates are available in abundance. They can be academics, research analysts, consultants and counselors. As a career option, they can be chartered accountants, cost accountants, management accountants, company secretaries, managers, chief executive officers, of the corporate firms entrepreneurs, administrators, and social, cultural, religious and political transformers. The also have bright futures in entertainment, hospitality, art and cultural areas.

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