Faculty of Commerce

About the Department

The Faculty of Commerce came into existence as an independent wing with the launching of the B.Com Course in 1962. The Department has been making intensive efforts to improve its profile, by serving the community on different fronts, in the form of imparting education through Add on Courses. M.Com course came into existence in the year 2015. Since its establishment, the faculty has carved its place in the university as well as in the state also by securing a percent academic success record with distinction and a significant number of first-division holders. Through the sustained high track record of academic success, the commerce faculty of Karim City College has become synonymous with a high-quality education in the field of commerce.
The main aim of the Faculty of Commerce is to offer superior quality, affordable & and professional education to build graduates & and postgraduates with high ethical & and management qualities. The faculty of Commerce is fully equipped with a wide range of the latest technology tools including Smart Classrooms and a fully furnished and well-stocked central as well as faculty library with all the necessary course books, reference books, and journals.

Vision

We aim to solidify our position as a trailblazing hub of academic excellence and innovation in commerce education. To revolutionizing education by seamlessly merging multidisciplinary learning, technological advancements, and experiential methodologies and to foster an environment that not only challenges traditional norms but also nurtures agile thinkers capable of leading global commerce transformations. Embracing ethical principles and sustainability at our core, we aim to cultivate adaptable professionals and leaders equipped not just for employment but for ethical, impactful leadership roles, driving positive societal change and innovation across the globe.

Mission

Our mission is centered on fortifying our educational framework to provide an unparalleled learning experience. We remain dedicated to seamlessly integrating diverse perspectives, cutting-edge technologies, and immersive learning opportunities within our curriculum. Strengthening collaborations with industries and global institutions and to empower students with practical insights and innovative thinking, preparing them to tackle multifaceted professional challenges. Emphasizing ethical values and sustainability, we aim to instill a profound sense of responsibility and societal awareness in our students, nurturing them not just for careers but to emerge as ethical leaders who drive positive societal transformations globally.

Program run by Faculty of Commerce

The Faculty of Commerce proudly offers the B. Com and M. Com programs, shaping generations of skilled professionals

Renowned for its rigorous academics, the Faculty of Commerce’s B. Com and M. Com programs attract high-calibre students seeking top-tier commerce education.
Provides a fundamental understanding of commerce and related subjects like accounting, finance, marketing, human resource management, economics, International Business, and taxation.

Career Opportunities

The realm of commerce presents a dynamic and promising landscape for students seeking fulfilling careers. As the global economy expands at an unprecedented pace, the demand for skilled professionals in diverse fields of commerce, including accounting, finance, marketing, and management, continues to soar. Commerce graduates are equipped with a vast array of career prospects, opening doors to employment opportunities in both the government sector and a multitude of industries, encompassing banking, insurance, retail, and manufacturing.

Important Career briefly

Business Development Manager: Responsible for identifying growth opportunities, building partnerships, and creating strategies to expand the business.

Business Intelligence Analyst: Collects and analyses data to provide insights and make informed business decisions.

Consumer Behaviour and Trends: Studies consumer behaviour and market trends to help businesses understand their target audience and adapt strategies accordingly.

Data Analyst: Analyses data to extract valuable insights, aiding businesses in decision-making and strategy formulation.

E-commerce Expert: Involves online buying and selling, managing online stores, and understanding digital marketing strategies.

Entrepreneurship: Involves starting and managing one’s business venture, taking risks, and innovating in various industries.

Finance and Banking: Covers a wide range of financial activities, including banking services, investment, and financial management.

Financial Analyst: Analyses financial data and trends to provide insights into investment decisions, financial planning, and risk management.

Financial Planning and Wealth Management: Helps individuals and businesses manage finances, plan investments, and secure their financial future.

Government Jobs: (Income Tax Department, GST Department, Banking, and Insurance Sector, etc.) Opportunities in government sectors related to taxation, finance, Insurance, and banking.

Human Resource Manager: Handles recruitment, training, and employee relations within organizations.

Legal Profession: Involves practicing law, specializing in areas such as tax law, corporate law, or business law.

Management Consultant: Provides expert advice to organizations for improving efficiency, solving problems, and enhancing performance.
Marketing and Advertising: Involves creating and implementing strategies to promote products or services to consumers.

Marketing Manager: Oversees marketing strategies, manages campaigns, and analyses market trends.

Professional Courses: Commerce students have a wide range of professional courses they can pursue after completing their studies. These courses equip them with the knowledge and skills necessary to succeed in various fields of business and finance. Here are some of the most popular professional courses for commerce students.

Chartered Accountancy (CA): This is a rigorous program that leads to the designation of Chartered Accountant, a highly respected qualification in the accounting world. CAs can work in a variety of industries, including public accounting, corporate finance, and taxation.
Cost and Management Accounting (CMA): CMAs specialize in cost accounting and management accounting, which helps businesses track and manage their costs. They can work in a variety of industries, including manufacturing, healthcare, and government.
Company Secretary (CS): CSs advise companies on legal and regulatory matters. They can work in a variety of industries, including listed companies, banks, and insurance companies.
Certified Public Accountant (CPA): The CPA designation is like the CA, but it is more internationally recognized. CPAs can work in a variety of industries, including public accounting, auditing, and tax consulting.
Financial Risk Management (FRM): FRMs specialize in identifying, measuring, and managing financial risks. They can work in a variety of industries, including banks, investment firms, and insurance companies.
Master of Business Administration (MBA): An MBA is a general management degree that can be a good option for commerce students who want to pursue a career in marketing or sales. MBAs can work in a variety of industries, including consumer goods, technology, and healthcare.
Diploma in Marketing: This program provides students with the fundamentals of marketing, including market research, branding, and advertising. Graduates can work in
a variety of marketing roles, such as marketing assistant, product marketing manager, and brand manager.
Diploma in Sales: This program teaches students the skills they need to be successful in sales, such as prospecting, lead generation, and closing deals. Graduates can work in a variety of sales roles, such as account executive, sales representative, and business development manager.

Risk Analyst: Identifies and assesses potential risks that could negatively impact a business and proposes strategies to mitigate them.

Supply Chain Management: Manages the flow of goods and services, from procurement to delivery, ensuring efficiency and cost-effectiveness.

Sustainability and Corporate Social Responsibility (CSR): Involves ensuring ethical and sustainable practices in business operations.

Tax Auditor/Tax Consultant/Tax Manager: Deals with tax compliance, planning, and advising clients on tax-related matters.

Teacher/Professor: Impart knowledge and inspire future generations of commerce professionals, shape young minds, and contribute to the advancement of commerce education.

Establishment Year :	1964
Previous Head & teachers :	Prof. Ali Ashraf Prof. Rashid Alam Ansari Prof. S.M. Amiruddin Prof. Md Baddaruddin Prof. Qamruzzaman Dr. Md. Mushtaq Ahmad Dr. Aftab Alam Ansari
Present faculty members :	Dr. Md. Moazzam Nazri (Head) Dr. G. Vijayalakshmi Dr. Syed Zahid Perwaiz Prof. Rashmi Akhtar Dr. Aftab Alam Dr. Fouzia Tabassum Dr. Sk. Anwar Ali Prof. Rashid Iqubal Ansari
Non- teaching staff :	Akbar Ali

Departmental Routine

Departmental Activity

Departmental Activities – 2022-23 (01.07.2022 –30.06.2023)

Departmental Activities:08

a. National Interdisciplinary Conference (4th& 5th January 2023)
A Two-Day National Interdisciplinary Conference on Agriculture and Rural Development and their Share and Stake in Overall Economic Growth was organized by the Faculty of Commerce, Karim City College, Jamshedpur in collaboration with NABARD Regional Office, Ranchi, Jharkhand, and sponsored by the Department of Higher and Technical Education, Government of Jharkhand & Co-sponsored by NABARD Regional Office, Ranchi, Jharkhand on 4th & 5th January 2023.

The conference was inaugurated by the Chief Guest, His Excellency the Governor cum the Chancellor of the state of Jharkhand, Shri Ramesh Bais by lightening the lamp at 12 pm on 4th January 2023 followed by a welcome address by Dr. Mohammad Reyaz, Principal, Karim City College, Jamshedpur, and President of the Conference. After the welcome address, the souvenir of the Conference and book on GST, Elementary of GST and Customs Law written by Dr. Md. Moazzam Nazri, HOD, Commerce, Karim City College Jamshedpur were released by the Chief guest and other dignitaries. Dr. Md. Moazzam Nazri convenor of the Conference then introduced the topic of the Conference.

b. Conference Proceedings.

We have successfully published the Proceedings of the Interdisciplinary National Conference on “Agriculture and Rural Development and their Share and Stake in Overall Economic Growth. “This accomplishment has been made possible through the generous grant support extended by the National Bank for Agriculture and Rural Development (NABARD), Jharkhand Regional Office, Ranchi. Their invaluable contribution not only enabled the smooth execution of the conference but also facilitated the publication of its comprehensive proceedings.
This proceeding was unveiled by Shri C. P. Radhakrishnan, His Excellency Governor cum Chancellor of Universities of Jharkhand at Raj bhavan, Ranchi.

c. Workshop

A Workshop was organised jointly by Faculty of Science and the Faculty of Commerce, on “NEP 2020: A Visionary Roadmap towards Transforming Indian Education Focused on Science, Technology, Research and Skill Development” held on 5th September 2022. Dr. I Chattoraj, Director of CSIR-NML Jamshedpur was the Chief Guest in the Inaugural Session and Dr. Karunesh Kumar Shukla, Director of National Institute of Technology Jamshedpur was the chief guest in the Valedictory Session. The discussions of the workshop were divided into five parts and five resource persons namely Dr. D.K. Mitra from Jamshedpur Cooperative College, Jamshedpur, Dr. Abhilash Principal Scientist, CSIR-NML, Jamshedpur, Mr. Waris S. Imam Principal, Al-Kabir Polytechnic Jamshedpur, Dr.P.K.Pani, Finance Officer, Kolhan University, Chaibasa and Dr. Mohammad Ashiq Hassan, Department of Mechanical Engineering, National Institute of Technology Jamshedpur, delivered their views on the respective topics in different dimensions of the topic.

d. Lecture on Understanding of Consumer Behaviour (3rd February, 2023)

A lecture on Understanding of Consumer Behaviourwas delivered by Dr. Syed Khalid Perwaiz, Professor, OB & HR Area VIT Business School, Vellore, on 3rd February 2023, at 5:00 pm in Room No. – 9. All Students of M.Com Semester-I & B.Com Semester-I were attended the session.

e. Lecture on Introduction to Research (2nd September 2022)

A lecture on Introduction to Researchwas delivered by Dr. Aabshar U. K. Imam , an alumnai of IIT Kharagpur, on 2nd September 2022, at 5:00 pm in Room No. – 9. All Students of M.Com Semester attended the session.

f. Departmental Seminar (3rd March, 2023 )

Departmental Seminar on Union Budget 2023-24 for students of M.Com Semester-1, Session 2022-24 was organized by PG. Department of Commerce on 4th January 2023 at 11:30 am. Mr. A. C. Lal, Income Tax Officer, Jamshedpur was invited as the Chief Guest and CMA Mr. Ramesh Sharma as the Guest of Honour on this auspicious occasion.

g. World Commerce Day

World Commerce Day was celebrated on 1st August 2022 in the College Auditorium. Dr. D.K. Mitra (Jamshedpur Co-operatives College) and Dr. Deepa Sharan (HOD Kolhan University) were invited to grace the occasion. On this occasion, six activities were organized: 1. Spill Link (brief explanation if needed); 2.Idea Summit; 3. Impromptu (Extempore); 4. Quiz; 5. Advertisement Making; and 6. Slogan Writing.

h. Parent Teachers Meeting

The objective of parent-teacher meetings in the faculty of commerce is to provide a platform for the exchange of ideas between faculty and parents for the benefit of students.

To create awareness about the importance of attending lecturers.
To reiterate Parents Role in building their wards career. ·
Tips on how to improve the academic performance of the student.
To explain the importance of a disciplined life. ·
Informing the parents about the course outcomes.

Session wise meeting was organised in the department. The program formally began with the welcome address by HOD, Dr. Md. Moazzam Nazri and then it was handed over to other faculty members for further discussion. The faculty members have also highlighted the best practices followed by commerce faculty like Personal Guidance and Concurrent evaluation of the students, Guest Lecture, Industrial visits, Innovative Ideas, Social activities, and Study based Activities for the effective teaching-learning process and how they help students in placement and for higher studies. The PT meeting came to an end with the conclusion that the progress of the students depends on the joint effort, mutual understanding, and cooperation of parent-teachers and students.

Departmental Activities 2021-22

Consumers Rights Day

The Faculty of Commerce, Karim City College, celebrated Consumer Rights Day on 30.03.2022 as a mark to honor and uphold the rights and privileges of consumers. The event was divided into two parts. In the first part, PG students at the college presented their papers on the said theme of Consumer Rights.
The event was graced by several eminent speakers and guests. Mr. Vidhan Chandra Choudhary, President, District Consumer Commission, Jamshedpur as Chief Guest, Prof Jayant Shekhar, Registrar of Kolhan University, Chaibasa as Guest of Honour, Mr. Om Prakash Tiwari, Senior Advocate, Civil Court Jamshedpur as Keynote Speaker.
Dr. Deepa Sharan, Dean and HOD and Dr. Deepak Kumar Mitra, Former HOD of PG Department of Commerce and Business Management Kolhan University, Chaibasa were also present in the event as Jury members.
In the words of chief guest, Mr. Vidhan Chandra Choudhary, this was an important occasion to join our voices and address the pressing challenges in the way of maximizing consumer protection and empowerment.
The keynote speaker appreciated the event and said it is necessary to observe this kind of event to be aware and save people against unethical practices of the corporation and protect our
people through social empowerment. Prof Jayant Shekhar said that on this day governments around the globe spread awareness about consumers’ rights and needs. Aim of this kind of celebration is to draw attention to market malpractices which undermine the rights of consumers, people must know the powers that consumers have in the law.
The chief Guest presents certificates and prizes to the winners of student seminar held on 1st session of the event on the theme. Saman Eram got 1st prize, Ojaswita Singh got 2nd prize and Rubaina Yasmine selected as third prize winner. All participants are provided participation certificate. Principal, Dr. Mohammad Reyaz, delivered the formal welcome address. HOD, Dr. Md Moazzam Nazri delivered vote of thanks. All faculty members of commerce Dr. G. Vijayalakshmi, Dr. Syed Zahid Perwaiz, Dr. Rashmi Akhtar, Dr. Aftab Alam, Dr. S.K. Anwar Ali, Mr. Rashid Iqbal Ansari and all other faculty members of college were present.

Departmental Achievements

Departmental Achievements 2021-2022

Departmental Achievements 2022-2023

Result & Toppers

Result PG

Result UG

Annual Report

Annual Report 2021-2022

Annual Report 2022-2023

Photographs

Lorem ipsum dolor sit amet, consectetur adipisicing elit. Optio, neque qui velit. Magni dolorum quidem ipsam eligendi, totam, facilis laudantium cum accusamus ullam voluptatibus commodi numquam, error, est. Ea, consequatur.