Accounting & Finance

INCEPTION

The Department of Commerce was instituted in 1996. The course in Accounting & Finance has been offered since 2007

OBJECTIVES

• The B.Com (Accounting & Finance) degree is structured to provide a strong foundation in accounting and finance theory and practice and also to gain an in-depth knowledge on core areas of Portfolio Management, Capital Markets, Income Tax Law & Practices , to name a few.
• The Course places special emphasis on addressing business issues where students are exposed to case studies and specific problems drawn from the Industry and encourages them to find solutions for the same.

SCOPE FOR HIGHER EDUCATION

• Chartered Accountancy (CA)
• Association of Chartered Certified Accountants ( ACCA)
• Cost and Management Accountancy ( CMA)
• Chartered Financial Analyst ( CFA)
• US Certified Public Accountant ( CPA)
• Company Secretaryship (CS)
• Financial Risk Management ( FRM)
• Master of Commerce (M.COM)
• Master of Business Administration ( MBA)
• Management Studies
• Business Accounting and Taxation (BAT )
• Financial Risk Management (FRM)
• Law
• Research and Teaching
• Certification in Investment Banking
• Certification in Digital Marketing
• Certification in Financial Planning

OPPORTUNITIES FOR CAREER

• Banking Services
• Financial Institutions
• Insurance Companies
• Portfolio Management
• Marketing Management
• Corporate Management
• Accounts Department
• Finance Department
• Investment Management

PLACEMENT

Our students have been placed in the following organizations through the Placement Cell of our College.

• Tata consultancy services
• NTrust InfoTech
• Alcance
• Mahindra
• Sutherland Global services
• E- care India private limited
• CapGemini
• Bank zone
• Equitas bank
• Accenture
• Net Axis IT Solutions Private Limited
• Mpower
• GM Provenant Tech

DEPARTMENT LIBRARY

A selection of books in the Department library is available for faculty and students.

ACTIVITIES

The Department organizes several activities outside the classroom to motivate students and encourages them to hone their skills.  It also believes in exposing them to lectures from several resource persons

Bridge Course

A Bridge Course on “PRINCIPLES OF ACCOUNTING” is offered to the 1 year Undergraduate students to introduce the course. The syllabus pattern, core subjects, electives and soft skills are explained to the students. Facilities available on campus for curricular, co-curricular and extra-curricular activities are introduced to the students. Details regarding career opportunities after graduation, competitive exam training and placement opportunities are explained.

Certificate Course

The Department of Commerce (Accounting and Finance) offers a certificate course on Human Resource Management for a duration of 30 hours during the 3rd semester

Seminars, Conferences and Workshops

The Departments of Commerce (Corporate Secretaryship, General and Accounting & Finance) in Collaboration with Entrepreneurship Development Cell of our college organized an International Seminar on “Entrepreneurship and Business Intelligence” on 26-08-2022.

Mr.K.E. Raghunathan, Social Entrepreneur, Mr.S.J. Narayanan, FC Associate & Ambassador Trainer Amazon, Canada, Mr. S. Rajesh, Independent Business Owner, Ms.Dhivya Vijay, Founder and Head Designer, Dhivya Arts and Crafts, Ms. L. Lakshmi, Founder - Lotus Textile Manufacturing Unit, Mr. M. ShahulHameed, Founder – Mu Micro Solutions, Proprietor – Great Moghul, Founder – donate a meal.net and Mr. Nara S Narayanan, Business consultant iNextlabs, Singapore participated in the seminar and delivered talks.

Workshops

1.The Departments of Commerce (General and Accounting & Finance) organized a State Level Workshop on “Financial Literacy” on 23-08-2022..The resource person was Mr. Francis FelixJoseph, Financial Education Counsellor, and ICICI Foundation for Inclusive Growth, Chennai.

2.The Departments of Commerce (General and Accounting & Finance) organized a state Level workshop on “Women Financial Empowerment” on 09-09-2022. The resource person was Mr. Suresh Kumar, Associate Director- Zebu Shares & Wealth Managements, Chennai

3.The Department of Commerce (General and Accounting & Finance) organized a State Level Workshop on “Financial Literacy and Empowerment” on 31-01-2023. The resource persons were Ms.VidhyaShivakumar, Co-Founder of team Ubuntu, Ms.GowriRamachandran, Partner, Team Ubuntu and Mrs.AarthiParameswaran, Professional Educator, Chennai

4. The Department of Commerce (Accounting & Finance) organized a Workshop on “Professional Makeup Artist” on 15-07-2022. The resource person was Ms Divya, Makeup Artist

5.The Department of Commerce (General and Accounting & Finance) organized a State Level Workshop on “Financial Literacy and Empowerment” on 31-01-2023. The resource persons were Ms.VidhyaShivakumar, Co-Founder of team Ubuntu, Ms.GowriRamachandran, Partner, Team Ubuntu and Mrs.AarthiParameswaran, Professional Educator, Chennai

Guest Lectures

1. Guest lecture on “Digital Marketing – The Green Market A Way Forward” on 23-07-2022 by Ms.Anusha.B– Assistant Manager-Marketing & Communication, Hinduja Tech Limited, Chennai. “Income Tax Filling 2.0” on 24-08-2022 by Ms. CA UnnaLakshman, Chartered Accountant, Partner, U V A &Co., Chennai. ”SAP- Systems, Applications and Products” on 01-09-2022 by Mr.Abilash Surendran, Head- Business Development (SA 3D Solutions) & Faculty at Srinivasa Academy, Chennai. “Career in Tax Filing” on 20.03.2023 by Ms. CA.Aishwarya.R, Partner cum faculty, My career Point, Professional Academy, Chennai. “Career Opportunities in Logistics and Shipping” on 21.03.2023 by Mr.SeeniMohamed, GIIL Principal & Chief Executive Officer, Chennai and “Resume Development” on 01-08-2022.by Ms.Sneha M. G. Alumnae were organized.

MAGAZINE RELEASE

Mr. R. Elansudar, Co-founder, Mrinalini Industries, REA Enterprises released the in-house Department Magazine ‘Comm-Zine’on 15.02.2023.

Academia Industry Connect

The students of the Department visited the following organizations for internship

• 1.Cameo Corporate Services Limited.
• 2.Casa Grande.
• 3.Indian Overseas Bank.
• 4.National Institute of Wind Energy.
• 5.United India Insurance

The students visited TholkappiaPoonga (Adyar Eco Park) for a Field Trip on 14.10.2022.

OUTREACH PROGRAM

SERVICE OFFERED TO LOCAL COMMUNITY

On 07-02-2023 our department students offered transparent pouch with stationaries to the students of Avvai Home who are were to appear for public exams in March, 2023.

INTER DEPARTMENTAL COMPETITON

On 15-09-22, Finance Club in Collaboration with Anti Sexual Harassment Cell organized an Interdepartmental Competition to celebrate NBEED (National Boss Employee Exchange Day) with POSH (Prevention of Sexual Harassment in workplace) in which MIME and POSTERMAKING were conducted. A competition on POSTER MAKING ON POSH was held on 15.09.2022,

CLUB ACTIVITIES

The following club activities were conducted during the academic year 2022-2023

• Ed Quiz, Poster Making On Insurance Awareness, Flip And Answer, Independence Day Quiz Debate on Corruption Free India For A Developed Nation and Debate on- Is Democracy the Best Form Of Government, Business Management quiz, Quiz on GST, Channel Surfing and Dumb charades were organized in which students participated enthusiastically .

Student Achievements

1. Kausalya M of II BCom (A&F) participated in Scrap Your Knowledge, and Master mind Guess at Potenz 2k22 conducted by Jerusalem College of Engineering on 05-11-2022and won Second prize

2. Nandhini R of III BCom (A&F) participated in B-Plan conducted by MOP Vaishnav College for Women on 2022 and won Second prize.

Varsha S from III BCom(A&F) participated in TUSWDK conducted by Justin Basheer Ahmed Sayeed College for Women on 06-02-2023 & 07-02-2023 and won First prize.

Priyadarsani S from IIBCom(A&F) participated in Grace Glides conducted by Justin Basheer Ahmed Sayeed College for Women on 06-02-2023 & 07-02-2023 and won Third prize

Varsha S from IIIBCom(A&F) participated in Ethnic Dance ‘SMRIT’23 conducted by SDNB Vaishnavi College for women on 06-02-2023 & 07-02-2023 and won First prize.

Deepika S and Kaviya N from IIBCom(A&F) participated in Adapt Tune conducted by Justin Basheer Ahmed Sayeed College for Women on 06-02-2023 & 07-02-2023 and won Third prize

Divya from I BCom(A&F) participated in Essay on conducted by Shree KridhnaJeyanthiVilakulu on 19-02-2023 and won Second prize.

Sangeetha A from IIIBCom(A&F) participated in Channel Surfing, Technobiz’23 conducted by Hindustan College of Arts and Science on 17-03-2023 and won Second prize

Sangeetha A from IIIBCom(A&F) participated in Paper Presentation, Keizai Fest 23, on conducted by Guru Nanak College on 20-03-2023 and won Second prize.

Faculty Achievements

Dr. C. Nithya, published a paper on “Impact of Corporate Social Responsibility on The Financial Performance of Tata Consultancy Services Limitedin Journal of Anvesak – Sardar Patel Institute of Economic and Social Research, ISSN 0378-4568.

Dr.C.Nithya, published a paper on “A Study on Risk Factors in Cryptocurrencies” in the book titled S-Risk Shaping the far future,ISBN 978-93-81899-58-

Dr.C.Nithya. Presented &published a paper on “A Study on challenges In Dealing Cryptocurrency”in the Book titled Shanlax International Journal of Arts, Science and Humanities, ISBN P-ISSN 2321-788X.

Ms.K.Banumathy, published a paper on “Impact of Financial Literacy on Risk Due to Digital Financial Services in the book titled S-Risk Shaping the far future, ISBN 978-93-81899-58-8.

Ms.A. Nivedha, published a paper on “Risk in Share Trading” in the book titled S-Risk Shaping the far future, ISBN 978-93-81899-58-8

Ms.K.S.Pavithra, published a paper on “Impact on Artificial Intelligence” in the book titled S-Risk Shaping the far future ISBN 978-93-81899-58-8

Ms.K.S.Pavithra, published a paper on “A Study on Customer Satisfaction Through Online Banking” in the book titled Banking 4.0-Digitalization & Transformation, ISBN 978-93-953330-1-6.

Dr.C.Nithya, presented a paper on “Astudy onChallenges in Dealing Crypto Currency” in the conference on Virtual International Conference organized by Fathima College, Madurai on 14-12-2022

Ms.Pavithra.K.S, presented a paper on “A study on Customer Satisfaction through Online Banking”in the conference on Two Day National Level Seminar on Banking 4.0 Digitalisation and Transformation organized byDavangere University, Shivagangotri, Karnataka on 16-09-2022 &17-09-2022

Faculty Development Activities

Ms.K.Banumathy, attended the Faculty Development Program on “ICT Enabled Teaching” organized by Department of Financial Planning, Dr.MGR Educational and Research Institute from 14.12.2022 to 16.12.2022.

Dr.C.Nithya, participated in the Virtual National Level FDP on “Outcome Based Education”organised by ShriKrishnaswamy College for Women from 8.08.2022 to 13.08.2022. she also participated in the following programs

• 1.International Webinar on “Teachers as Change Agents: An Ethical Approach”organised by IQAC of Rani Anna Government College for Women, Tirunelveli and Globethics.net India on 14.09.2022.
• 2.Two-Day Virtual NAAC-Sponsored National Seminar on “IIQA, SSR,DVV and Peer Team Visit: Modalities and Guidelines for HEIs” organised by IQAC of SSS Jain College for Women, on 15.09.2022 and 16.09. 2022.
• 3.Three Days Online Faculty Development Program on “ICT Enabled Teaching” organised by Department of Financial Planning, Dr.MGR Educational and Research Institute from 14.12.2022 to 16 .12.2022.
• 4.Short Term Faculty Development Program on “Ethics in Academic Research Writing”organised by AMET University from 30.01.2023 to 04.02.2023.
• Two Days workshops on MS Office organised by Tamil Nadu Government Skill Development Corporation and University of Madras on 6.02.2023 and 7.02. 2023
• 6.Faculty Development Programme on Financial Accounting Sponsored NPTEL-AICTE during July to September 2022
• 7.UGC approved Short Term Professional Development Programme on ‘Implementation of nep-2020 for University and College Teachers’ held from 09.09. 2022 to 17.09.2022 organised by Indira Gandhi National Open University.
• NPTEL Course on FINANCIAL ACCOUNTING with 85% score

Ms.A.Nivedha and Ms.K.S Pavithra attended the following Faculty Development Programs

• 1.Two-Day Virtual NAAC-Sponsored National Seminar on “IIQA, SSR,DVV and Peer Team Visit: Modalities and Guidelines for HEIs” organised by SSS Jain College for Women, on 15.09.2022 and 16.09. 2022.
• Three Days Online Faculty Development Program on “ICT Enabled Teaching”organised by Department of Financial Planning, Dr.MGR Educational and Research Institute from 14.12.2022 to 16 .12.2022.

Ms.K.S.Pavithra, attended the Short Term Faculty Development Program on Ethics in Academic Research Writing organised by AMET University from 30.01.2023 to 04.02.2023.