Commerce

INSPIRE COMMERCE

Commerce stream has seen resurgence in a globalized world. In the last couple of decades, the domain has also seen a renewed interest from students that has resulted in new courses being available. BGS PU College Offers delineate Commerce course that open up many opportunities for students of this discipline.

IMPORTANT LINKS

http://pue.kar.nic.in/

CHARACCOS (CA-CPT)

The chartered accountant is one of the respectful and challenging career fields. CA is a good option for higher education in India.

Foundation Course is the entry level for Chartered accountancy . Students can appear in the Foundation Examination after qualifying the senior secondary (10+2) examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent there to. Students after registration to the course are required to complete a minimum of 4 months study period from the date of registration in order to be eligible to appear in the Foundation Examination, i.e., students registered on or before 30th June/ 31st December will be eligible to appear in November/ May examination.

BGS PU COLLEGE launched its CHRACCOS programme with the objective of providing high quality coaching that cherish the passion of CA aspirants.

ADMINOS -(KAS/IAS/PRILIMS & BANKING).

UPSC one of the country’s top-notch qualifying exams, an aspirant must be equally focused, determined and have the right guidance to crack it. While the first two qualities are within oneself, the last one, ‘’ guidance’’ can be attained only with the help of experienced and skilled teachers. BGS PU College took the bold step in nourishing the dream of those future administrators by preparing them from the very tender age.

Meaning of Commerce

Commerce as a stream of education can be defined as a study of trade and business activities such as the exchange of goods and services from producer to final consumer. The main subjects that are taught in the Commerce stream in Class 11 and 12 include Economics, Accountancy and Business Studies. Choose this field if you have a genuine interest in these subjects and have an affinity for numbers, the economy and business!

ECONOMICS

Some of the reasons for studying Economics are given below:

  • Economics is a social science that deals with the study of the production, distribution, and consumption of goods and services.
  • Economics has two broad branches – micro-economics, where the unit of analysis is the individual agent, such as a household or firm, and macro-economics, where the unit of analysis is an economy as a whole.
  • Studying economics enables us to learn more about how the world works as it helps in gaining knowledge about the impact that decisions have on firms, industries and nations, the impact of international trade, both good and bad, the effects government policies have on the economy and on employment. Economic reasoning and theories have been increasingly applied in the recent era to not only the study of economies but also social situations where there is no monetary consideration, such as politics, law, psychology, history, religion, marriage and family life, and other social interactions.

BUSINESS STUDIES

Business Studies is an important subject for commerce students. Here are some of the reasons why one should study Business Studies:

  • Business Studies is a subject that deals with the operation and organization of modern business enterprises. The subject covers each feature of a business firm, such as how a firm will be affected in different business situations.
  • The main areas of study in the subject include business organizations, their various features, structure and functioning, marketing, operations management, human resource management, etc.
  • Studying Business allows a student to observe and analyze the behavior and tactics of different firms.
  • The subject of Business Studies involves more than just mastering the art of doing business. The subject brings students abreast with the corporate culture and prepares them for their professional life.
  • Business activities are something that affect the daily lives of all people in a society. It also influences creation of employment, incomes, opportunities for personal enterprise, standards of living of all individuals. Studying business allows a student to understand how business activities influence the society and the economy directly and indirectly.

ACCOUNTANCY

Accountancy is an integral part of Commerce Stream. It’s scope and reasons for studying accountancy are elaborated below:

  • Accountancy is a branch of mathematical science that is concerned with the financial information about a business entity to users such as shareholders and managers.
  • The financial communication that is studied under the subject is generally in the form of financial statements that show in the terms of money the economic resources under the control of the management.
  • Studying accountancy enables a student to learn and discover the various causes of successes and failures of different business enterprises.
  • The principles of accountancy are applied to business enterprises in three divisions of practical art, named accounting, bookkeeping and auditing. A student studying accountancy will learn the art of recording, classifying and summarizing in a significant manner and in terms of money, transactions and events which are financial in character to any extent and the interpretation of the results of these transactions and events.