Sunday, 13 October 2013

Top Commerce Colleges in India - India Today & Week-Hamsa Rankings 2012

Students having a flair for business activities may get an option to study commerce after completion of ten years of schooling as commerce is available as an educational stream just after passing the tenth standard. Although commerce also requires a strong knowledge of math fundamentals, this stream is bit easier to manage for the students having not so sound math base since other subjects are relatively easier than science stream subjects. Hence, students opting for commerce as an option in 10+2 may look for higher courses (undergraduate/postgraduate) in commerce at college or university level.In the last few years, commerce has emerged as the most sought after discipline and importance is revealed from the fact that commerce is valued more by the recruiters than the MBA without a technical degree.Reason for this change in attitude may be attributed to vast change in sullabus in the past decade due to inclusion of specializations such as computer applications, e-business, marketing, taxations and finance. Addition of new subjects such as company affairs, banking, insurance, and computer accounting has made commerce a field which help commercial organizations to achieve their goal with the help and services of young graduates coming out of the top institutes.Specialization is available with following business themes:
Business economics: The laws of demand and supply, law of returns, elasticity, theory of pricing under different market forms etc are covered.

Financial accounting:Topics such as profit and loss, balance sheets and final accounts, Indian and international accounting standards, calculation of depreciation and valuation of shares are available for study and research.
Cost accounting: This would help in understanding the process, job and contract costing, costing of overheads, standard and variance costing and budgetary control.
Income tax: Calculation of income tax, tax planning and tax deduction etc.
Auditing: Beside auditing of accounts of different organizations, specialization in auditing would help understand vouching, valuation and verification of transactions, assets and liabilities.Other themes of commerce study and research include business finance, business law and  marketing.

New Streams:
There are several institutes that fulfill the specific requirements of the candidates interested in new emerging sectors. These are listed below.
1. Stock Market - National Institute of Securities Markets
2. Banking - National Institute of Bank Management, Pune,  Institute of Financial banking and Insurance and Indian Institute of Bank Management, Pune
3. Insurance - The Insurance Institute of India, The Institute of Actuaries of India and The National Insurance Academy, Pune
4. Financial Planning - The Indian Institute of Financial Planning &
International College of Financial Planning

Top Commerce Colleges of India

Sri Ram College of Commerce(SRCC)

The Commercial School in Delhi, established in 1920 by the Commercial Education Trust, introduced a post-matriculation Diploma program in Commerce. School was later rechristened as Shri Ram College of Commerce after its affiliation to Delhi University in 1926. In 1932, The College started awarding DU degrees to its graduates after up-gradation to the status of a Degree College. The alumni of the College have shown their excellent performance not only in the fields of banking and finance, general management, civil services and academics but also as entrepreneurs successfully managing their own business establishments.

Top Commerce Colleges as per the rankings of India Today 2012 & Week-Hamsa 2012 Surveys

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