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हुतात्मा जयवंतराव पाटील महाविद्यालय हिमायतनगर

The institution started in 2001 to impart quality education in rural areas. The management realized the need for professional and employable education for the rural youth which they utilize for their self employment, entrepreneurship and becoming a part of nation’s industrial growth, the management has taken a remarkable decision to start the faculty of commerce from the academic year 2013-14. At present the department has 2 full time faculty member to confer their knowledge to UG students.

Teaching Staff

Dr. Sangapal Prakash Ingle.

Designation : Head & Assistant Professor Email Id :[email protected]

Teaching Staff

Dr. Gajanan Prabhu Dagade.

Designation :Assistant Professor
Email Id :[email protected]

Scope And Importance Of Commerce

Commerce can be defined as all the activities that are undertaken by individuals , BOI, AOP , body corporate or HUF, with the intention to exchange goods or services for money, and that which has an economical monetary value. Scope of Commerce is vast and never ending as the globe cannot exist without trade and commerce going on.

Banking

Commerce extends to banking as you need such financial institutions to deal with your money. As it is said , the human brain cannot remember everything and anything. You require banks to safeguard your earned money and also get financial assistance in times of business depressions.

Trade

Commerce involves large scale trade of goods and services , not just between individuals in particular, but also between multinational corporations (MNCs) , & between governments of one or more countries. Without trade , there cannot be commerce.

Goods & Services

What do you trade between? Definitely some Tangible goods from where you derive benefits for yourself or for your dear ones. It can be Durable or perishable goods, Inferior or Giffen goods, supplementary or complementary goods, Goods of necessity or Prestigious goods and so on. Commerce also exists between intangible goods which are called Services , Which requires a personal touch of the supplier or his subordinates or workers like Hotel services, educational services, Health services, car insurance, health insurance, salon services , stitching services. No matter what kind of a good or service it is, They are all undertaken for a price and hence constitute the scope of Commerce.

Documents of trade

Various documents are required to be presented as a proof of trade existing between two parties. It may also be required as a record of trade as the human mind cannot remember everything forever. Few documents of in-house trade are - Promissory notes, cheques, bills of exchange, hundies, railway receipts, warehouse receipts . Few documents used in foreign trade are - Letters of credit , documents of bills of exchange, bills of lading .

Mission

To prove the prevalence/virtue of commerce among the students. To devote employable knowledge to our students to become self-employed and entrepreneurs. To cultivate students for nation building by enhancing their ability for morality.

Objective

To encourage students for self-employment by providing commercial skills and professional knowledge. To make students able to conquer competitive examinations for job opportunities. To realize the students' social responsibilities and contribution towards the development of the nation.

Vision

To prove the prevalence/virtue of commerce among the students. To devote employable knowledge to our students to become self-employed and entrepreneurs. To cultivate students To create professional and employable ability among students with the view of employment education, the department has made a vision to confer the professional education and equip the students with knowledge & skill and identify the hidden talents for shaping them to become future employers, entrepreneurs, leaders and a great human being by ethics. nation building by enhancing their ability for morality.

SWOC Analysis

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Program Outcome - Course Outcome (PO-CO)
Commerce

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