Commerce

ADMISSION OPEN 2024

Department of Commerce and International Trade

About the Department

Commerce education as it is positioned today has permeated into every sphere of Trade and Industry, building a nation’s economy and impacting international business thereby inspiring the younger generation to pursue a career in accounting and finance. Given the demand for Commerce Programs, KITS offers a B.Com Degree, with specialization in Professional Accounting and Financial Technology.

The B.Com (Professional Accounting and Financial Technology) program is designed to provide students with the necessary knowledge in Accounting, Law, Management & Marketing, Advertising, Economics, Finance and Taxation that provides a deeper insight into the dynamics of the business world and equips graduates to spearhead business organizations. Professional Accounting specifically addresses the needs of those who are aspiring to qualify as a Chartered Accountant/ACCA/Cost and Management Accountant. This program is industry-oriented and equips the graduates for market - driven careers.

To meet the needs of today's rapidly evolving financial landscape, the curriculum is inducted with the growing A-B-C-D technologies viz: Artificial Intelligence, Block Chain Technology, Cloud Computing and Data Analytics. The program has an underpinning of a blend of theory and practice, allowing students to gain in-depth knowledge in Accounting practice and FinTech. The focus of the program is to hone skills needed to logically analyze, critically evaluate, interpret and apply for business decision making both in the Indian and global context. This is made possible by the Industry relevant curriculum designed and benchmarked with International standards, delivered by competent faculty, and through Internships and Projects integrated into the curriculum.

Our Vision

To become an acclaimed Centre of excellence for Commerce Education with a vibrant community of staff and students, keen to explore and exploit new ideas and challenge existing views, where teaching will be underpinned and brought to life by close collaboration with Industry and society.

Our Mission

  • To raise Commerce graduates with aptitude, knowledge, skills and attitude to excel in business and trade.
  • To inspire graduates to serve humanity with utmost integrity, humility and accountability.
  • To empower the younger generation to make wise decisions and find solutions to societal problems.

PROGRAM OFFERED (2024-25)

1. B.Com (Professional Accounting & Financial Technology). Integrated with Association of Chartered Certified Accountants (ACCA), UK with specialization pathways in Professional Accounting and Financial Technology.

2. Ph.D in Commerce (FT/PT)

B.Com (General)

Program Outcomes(POs)

  • PO1: Communicate Effectively & Work in Teams.
  • PO2: Solve Problems through logical and analytical reasoning.
  • PO3:Demonstrate Adequate Knowledge in the Functional Domains.
  • PO4: Approach Organizational Decisions with Ethics and Values.
  • PO5: Integrate Theory and Applications.

    Program Educational Objectives (PEOs)

    • PEO I: Will develop an application - oriented thinking.
    • PEO II: Will develop a sound technical knowledge in the domain of Financial, Cost and Management Accounting, Taxation, Advertising, Economics Law and Financial Technology
    • PEO III: Will be equipped with the ability to articulate and inherit forward looking approach.
    • PEO IV: Will learn to have global view without losing the local stand and aware of its dynamics and appreciates diversity.
    • PEO V:Will be able to Identify Ethical Dilemmas supported by personal integrity and confidence to act accordingly.
    • PEO VI: Will be a person of sound thinking and wisdom to solve problems of business and humanity.

      Program Specific Outcomes (PSOs)

      • PSO1: Able to recognize the importance of professional development by pursuing Commerce & International Trade which offers challenging and rewarding careers and immediate employment and scope for higher education
      • PSO2: Demonstrate the skills of a trained professional who can handle various facets of analytics in business.
      • PSO3:Apply conceptual understanding to solve practical decision-making problems, both independently and in teams, using techniques such as case analysis, group exercises, and assignments, to ensure smooth transition from campus to company in different organizational settings.
      • PSO4:Ability to grasp the current developments relevant in Fin Tech Industry and handle appropriately.
      • PSO5: Establish a start -ups and become an Independent consultant, in the domain of Analytics in Business.
      • PSO6: : Pursue higher education leading to M.B.A or M.Com etc., or professional courses viz: ACCA, CA, CMA, and CS in India and other Master’s Programs in Analytics Overseas.
      • PSO7: Recognize and address regional, national, and global ethical issues vis a vis with Indian values and ethos and apply them in organizational settings.
      • PSO8: An ability to communicate effectively, both in writing and orally

      B.Com Specialisation in Banking and Capital Markets

      Program Outcomes(POs)

      • PO I: Communicate Effectively & Work in Teams.
      • PO II: Logical, Analytical and Reasoning to Solve Problems.
      • PO III: Demonstrate Adequate Knowledge in the Functional Domains.
      • PO IV: Approach Organizational Decisions with Ethics and Values.
      • PO V: Integrate Theory and Applications.

        Program Educational Objectives (PEOs)

        The Programme Educational Objectives provide students with the necessary knowledge coupled with the required skills to become effective leaders of business.

        Every Commerce Graduate can expect to achieve the following learning objectives:

        • PEO I: Will develop an application - oriented thinking.
        • PEO II: Will develop a sound technical knowledge in the domain of Financial/Cost. Management Accounting, Taxation Advertising, Economics and Law .
        • PEO III: Will be equipped with the ability to articulate and inherit forward looking approach.
        • PEO IV: Will learn to have global view without losing the local stand and aware of its dynamics and appreciates diversity..
        • PEO V: Will be able to Identify Ethical Dilemmas supported by personal integrity and confidence to act accordingly..
        • PEO VI: Will be a person of sound thinking and wisdom to solve problems of business and humanity.

          Program Specific Outcomes (PSOs)

          B.Com in Banking and Capital Market is developed in Collaboration with National Stock Exchange Academy Ltd, based on the tremendous demand for Banking and Capital market professionals in the Banking and Finance Industry and Fortune 500 companies. The PSO’s are as below:

          • PSO 1: Students understand NSE learn to trade, Commercial Banking, Capital market operations, Derivatives, Mutual Funds Management, Financial Markets, Smart Trading – Fundamental analysis & Technical analysis and Fin Tech conceptually and apply for decision making.
          • PSO 2: Demonstrate the skills of a trained professional who can handle various facets of banking and capital market domain.
          • PSO 3: Ability to ensure smooth transition from campus to corporate in different organizational settings.
          • PSO 4: Ability to grasp the current developments relevant for banking and capital market sector along with regulatory requirements and handle appropriately.
          • PSO 5: Establish a start -up and become an Independent consultant, in the domain of capital market and stock trading.
          • PSO 6: Pursue higher education leading to M.B.A or M.Com etc., or professional courses like CA, CMA, CS in India and other Master’s Program Overseas.
          • PSO 7: An ability to communicate effectively, both in writing and orally.

          B.Com Specialisation in Financial Technology

          Program Outcomes(POs)

          • PO I: Communicate Effectively & Work in Teams.
          • PO II: Logical, Analytical and Reasoning to Solve Problems.
          • PO III: Demonstrate Adequate Knowledge in the Functional Domains.
          • PO IV: Approach Organizational Decisions with Ethics and Values.
          • PO V: Integrate Theory and Applications.

            Program Educational Objectives (PEOs)

            The Programme Educational Objectives provide students with the necessary knowledge coupled with the required skills to become effective leaders of business.

            Every Commerce Graduate can expect to achieve the following learning objectives:

            • PEO I: Will develop an application - oriented thinking.
            • PEO II: Will develop a sound technical knowledge in the domain of Financial/Cost. Management Accounting, Taxation Advertising, Economics and Law .
            • PEO III: Will be equipped with the ability to articulate and inherit forward looking approach.
            • PEO IV: Will learn to have global view without losing the local stand and aware of its dynamics and appreciates diversity..
            • PEO V: Will be able to Identify Ethical Dilemmas supported by personal integrity and confidence to act accordingly..
            • PEO VI: Will be a person of sound thinking and wisdom to solve problems of business and humanity.

              Program Specific Outcomes (PSOs)

              B.Com in Financial Technology is developed in Collaboration with Association of International Certified Professional Accountants (AICPA, USA) and Miles Education, Bangalore, based on the tremendous demand for Fin Tech professionals across industries. The PSO’s are as below:

              • PSO 1: Students understand Fundamental of Management Accounting (CIMA, UK) Data Analytics, Data Visualization, Robotic Process Automation fundamentals, and Block chain Fundamentals conceptually and apply for decision making.
              • PSO 2: Demonstrate the skills of a trained professional who can handle various facets of analytics in business.
              • PSO 3: Ability to ensure smooth transition from campus to corporate in different organizational settings.
              • PSO 4: Ability to grasp the current developments relevant in Fin Tech Industry and handle appropriately.
              • PSO 5: Establish a start -up and become an Independent consultant, in the domain of Analytics in Business.
              • PSO 6: Pursue higher education leading to M.B.A or M.Com etc., or professional courses like CA, CMA, and CS in India and other Master’s Program in Analytics Overseas.
              • PSO 7: An ability to communicate effectively, both in writing and orally .

              Bachelor of Business Administration (BBA)

              Program Outcomes(POs)

              • PO I: Communicate Effectively & Work in Teams.
              • PO II: Logical, Analytical and Reasoning to Solve Problems.
              • PO III: Demonstrate Adequate Knowledge in the Functional Domains.
              • PO IV: Approach Organizational Decisions with Ethics and Values.
              • PO V: Integrate Theory and Applications.

                Program Educational Objectives (PEOs)

                The Programme Educational Objectives provide students with the necessary knowledge coupled with the required skills to become effective leaders of business.

                Every Commerce Graduate can expect to achieve the following learning objectives:

                • PEO I: Will develop an application - oriented thinking.
                • PEO II: Will develop a sound technical knowledge in the domain of Financial/Cost. Management Accounting, Taxation Advertising, Economics and Law .
                • PEO III: Will be equipped with the ability to articulate and inherit forward looking approach.
                • PEO IV: Will learn to have global view without losing the local stand and aware of its dynamics and appreciates diversity..
                • PEO V: Will be able to Identify Ethical Dilemmas supported by personal integrity and confidence to act accordingly..
                • PEO VI: Will be a person of sound thinking and wisdom to solve problems of business and humanity.

                  Program Specific Outcomes (PSOs)

                  • PSO 1: Apply ethical principles and commitment towards professional ethics and responsibility.
                  • PSO 2: Ability to be a team member, exhibit leadership qualities in a diverse group environment.
                  • PSO 3: Ability to comprehend a complex issue and communicate coherently and effectively through oral and written statements.
                  • PSO 4: Pursue an opportunity to gain practical exposure through Internships and Projects make themselves industry ready.
                  • PSO 5: Demonstrate entrepreneurial mindset and bring forth creative & innovative ideas towards start-ups and new business development.
                  • PSO 6: Exhibit business skills and competences in local, regional, national and at global level to develop solutions to business and societal problems.
                  • PSO 7: Pursue higher education leading to M.B.A or M.Com etc., or professional courses like CA, CMA, CS in India and other Master’s Program Overseas .

                  Testimonies by our Alumni

                  I’m deeply grateful for my journey through the Department of Commerce at Karunya Institute of Technology and Sciences. Our mentor’s mentorship has been invaluable, uplifting me during challenging times and offering guidance beyond the classroom. Our HOD’s leadership has created a positive environment, where every student feels supported and valued. The sense of camaraderie among peers has made learning a joyous experience, fostering a culture of inclusivity and positivity. My university experience has been transformative, with hands-on learning and invaluable life advice from dedicated faculty members. As I reflect on my time here, I’m confident that the lessons learned and experiences gained will guide me towards success in the future. Thank you to the Department of Commerce and Karunya Institute of Technology and Sciences for shaping me into the person I am today.

                  Thaiskang

                  Eben Dass B.Com (2021-2024 Batch)

                  I'm Akshaya and as a final year BBA graduate, my experience at Karunya Institute of Technology and Sciences in the Department of Commerce and International Trade has been nothing short of transformative. The department provided exceptional guidance and support, from insightful Professors to well-organized programs like placement drives in collaboration with organizations like ICT Academy. These initiatives significantly boosted our career prospects, with many of us landing placements in top companies. The college's holistic approach to learning fostered not just academic development but also personal growth. The supportive environment nurtured by peers, management and faculty, empowered me to hone my skills and explore innovation. The mentorship I received was invaluable, and the lush green campus with excellent facilities including secure residential housing, provided a perfect setting to thrive. Overall, Karunya has equipped me for success, not just professionally but also personally. It's an experience I would highly recommend to anyone seeking holistic development and a fulfilling college life.

                  Joel

                  Akshaya BBA (2021-24 Batch)

                  One of the most interesting and expressive stage that gives us much more opportunity to explore our self as a better person is college. Karunya is such a place where you can meet different peoples from other places and learn different things and languages. My journey in Karunya is not just about gaining knowledge and getting succeed, it’s also a home which brought me up spiritually and stronger with Almighty Lord’s blessing and wisdom. The Professors here are friendly to help me and guide me anytime with all my challenges and motivate me to expand my potential and knowledge to next level. I would like to thank Karunya for making me into a better outstanding person and for providing lot more opportunities to develop much more. I am grateful for all the experience, academic opportunities and interesting activities that Karunya provided me. Also Karunya taught me who I am? And what do I need? I am forever thankful to Karunya for this wonderful three years of amazing ride and wisdom of glory. As I am moving forward I would like to take me commitment, compassion and goal to fly excellence with God’s blessing.

                  Joel

                  A.S Rufina B.Com-Financial Technology (Batch 2021-2024)

                  Contact Us

                  Department of Commerce and International Trade
                  Karunya Institute of Technology and Sciences
                  Coimbatore, India- 641114.