School of Commerce

The Department of Commerce has been established with an aim to create professionals in the field of commerce. The programs being offered at GEU in the field of commerce equip graduates with the knowledge and technical skills necessary to understand and participate in the modern business world. These programs prepare students for subsequent graduate studies, and allows them to achieve the highest level of success in their professional careers as they provide a solid foundation in economics, quantitative methods and organizational behavior, exposing them to multi-disciplinary knowledge and skills. Where the search for knowledge complements sense of responsibility, where understanding is coupled with the commitment where academic excellence goes with the cultivation of virtue.

Learning at GEU:

The programs are designed in such a way that they enable a student to be completely engrossed in indoor class curriculum as well as outdoor practical work, thereby creating an end product capable of being dovetailed as a productive asset in any form of employment. From the traditional lecture method to the contemporary classes equipped with computer/internet, a variety of teaching methods are used as per the requirements of the topic and the need of individual students to help them develop the skills they need to become an effective professional and to enhance their employability quotient which is in keeping with the overall vision of the university The department also in the course of training imparts adequate inputs such that a trainee is capable of handling commerce related activities with desirable and appropriate skills without having to undergo any additional training or workshop. It is a concerted effort on the part of the faculty to ensure that the skill levels attained by the

Infrastructure :

The department has all the facilities to ensure smooth conduct of entire teaching and learning process. The Department has State- of- the- art classrooms and the lecture theatres , equipped with LCD Projectors, networked computers and intelligent whiteboards. The other infrastructure includes, a well equipped air conditioned conference hall, with audio-video facility, muted air conditioning, LCD projector and a seating capacity in a "u" shaped formation. A fully Wi - Fi campus which is aimed at providing 24x7 wireless internet connectivity to the students and faculties.

Your Future After GEU:

Opportunities after B.Com (Hons) degree are twofold the students can opt for higher/additional Programs. The job opportunities available for B.Com. degree holder are the can work as accountants , tax consultancy, in banks, in BPO / KPO, as auditor, stock broker, export import manager, finance consultant, insurance consultant, cost & work Accountant / take up government jobs, Entrepreneur and Economist or appear for Administrative services.

B.Com (H) International Finance and Accounting in collaboration with ACCA, UK.:

About ACCA

ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. It offers business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.

ACCA supports its 188,000 members and 480,000 students in 178 countries, helping them to develop successful careers in accounting and business, with the skills required by employers. ACCA works through a network of 100 offices and centres and more than 7,110 Approved Employers worldwide, who provide high standards of employee learning and development. Through its public interest remit, ACCA promotes appropriate regulation of accounting and conducts relevant research to ensure accountancy continues to grow in reputation and influence. Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. It believes that accountants bring value to economies in all stages of development and seek to develop capacity in the profession and encourage the adoption of global standards. ACCA’s core values are aligned to the needs of employers in all sectors and it ensures that through its range of qualifications, it prepares accountants for business. ACCA seeks to open up the profession to people of all backgrounds and remove artificial barriers, innovating its qualifications and delivery to meet the diverse needs of trainee professionals and their employers.

Learning:

B Com International Accounting & Finance Embedded with ACCA has been designed in such a way to achieve the following objectives of broadening the horizon of opportunities to the students in the Global Finance and Business Industry.The Program will enable them to inculcate the finance and business acumen which the employers look forward and the Skills for tomorrow. This program is expected to create enhanced competence of career positioning tied up with for the learner to become a Global Professional.

B.Com IAF is eligible for gaining 6 paper exemptions out of 13 towards the ACCA Qualification and the student has to write only 7 papers to qualify ACCA. On the way to ACCA membership, there are lots of qualifications a student can achieve gain along the way. This is a great way to showcase knowledge and skills to employers and helps keep you on track and motivated. Students can achieve an Advanced Diploma in Accounting and Business, Certificate in International Financial Reporting Standards B.Sc. (Hons) Degree in Applied Accounting awarded by Oxford Brookes University , London ( Optional ) and ACCA Membership

Your Future After GEU:

ACCA has global presence across 180 countries which allow ACCA members and students to build strong networks across the world. With an increase in number of career opportunities and therefore intense competition, ACCA membership recognizable badge sets the members/students apart. Recognitions given to ACCA by a number of key educational regulators globally, gives the advantage of official endorsements by educational regulators which add value to the qualifications of its members and students. This is widely understood by the employers. ACCA is officially a Recognized Supervisory Body responsible for statutory auditors. It is the founding member body of International Federation of Accountants. These mutual recognition arrangements with national bodies and regulators around the world allow ACCA members/students to obtain educational recognition and statutory recognition in a number of countries around the world. 89% of Forbes 500 and 75% of Forbes 2000 companies employ ACCA members and students. ACCA works with 8500 approved employers globally who provide high standards of employee learning and development. ACCA’s assured qualification means that employers can be confident in the ability and knowledge of their members.

B.Com. (H) Corporate Accounting and Financial Analysis with. CMA, USA

This program gives the degree holder an international credibility and strong knowledge base - in Management Accounting and Financial Management. The students will have significant career progression opportunity. Other benefits associated with the degree are leadership skills, international perspective, elite professional network, academic advantage (2 parts, single-level examination, and objective-pattern examination). The Examination locations will be in India and computerized online examination held over 6 months/year. The Course duration (course spread over 3 Semesters) Overlaps with University Curriculum

Learning:

Gain skill-sets that you need for an international career in accounting with top MNCs.The course covers the entire gamut of corporate accounting topics including financial accounting (US GAAP and IFRS), management accounting, financial management, auditing and taxation.The students will be able to clear the US CMA examination. This will demonstrates students’ mastery of the critical accounting and financial management skills needed on the job today.

Your Future after GEU

Opportunities for CMAs are boundless as they often expand their careers beyond the traditional management accounting realm to provide related services for many different types of organizations. CMAs are required in all areas of the business world such as Financial & Corporate Accounting, Management & Cost Accounting, Financial Risk Management, Management Consulting & Performance Management, Financial Planning & Analysis, Corporate Finance (M&A, IPO, Equity & Debt Issues), Venture Capital, Internal Auditing, Information Technology (especially as applied to accounting) and Corporate Governance

CMAs – Job Roles:

The CMA is a performance manager who validates mastery of financial planning, analysis, control, and decision support – the critical skills required of valuable strategic advisors in any organization

1. Few designations/profiles for CMAs in the industry:

  • Finance and Accounting Managers within companies
  • Budgeting Managers
  • Investment Manager
  • Costing Manager
  • Payable Manager or Receivable Manager
  • Portfolio/ Fund Manager
  • Financial Controllers
  • Treasurer
  • Chief Finance Officer

A CMAs role is to ensure that the company runs its financial and overall performance in an efficient manner so that the objectives of the companies are met. They are the people who make daily decisions within the companies for its survival and growth

Program Offered: Eligibility Admission Procedure
B.Com.(Hons 10+2 in any stream Merit prepared on the basis of qualifying examination.
B.Com (H) International Finance and Accounting in collaboration with ACCA, UK. 10+2 in any stream Merit prepared on the basis of qualifying examination.
B.Com. (H) Corporate Accounting and Financial Analysis with U.S. CMA. 10+2 in any stream Merit prepared on the basis of qualifying examination.

 

 

 

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