The department is one of the oldest departments of commerce in Marathwada region (8 districts of Maharashtra) established in 1961. It is the Biggest Department of Commerce with highest strength of teachers and students in the SRTM University area. It has an excellent research centre with seven (four in-house and three affiliated) research guides in Commerce and Management, 62 research scholars capacity, 5 computers with internet facilities, library services etc.
The Department takes initiative in university’s various programmes and schemes. At least a single Interdisciplinary programme (Conference, workshop, seminar, Ph.D. course worketc.) is arranged in a year. Effective use of ICT tools by teachers for TLE, Unique events for students (Tally Talent Hunt- Accountancy, Financial Literacy- Finance, Avishkar-Research, Aanand Nagri- Marketing, College Day-Teaching), UGC NET/SET Coaching centre conducting winter/ summer classes are the special features of the department.
Shri.S.V.Karve was the founder head of the department. Dr.Kunal Badade is the Head of the department since 2005. He is the ex-dean of Faculty of Commerce, SRTM University, Nanded. Recently, he is appointed as the Joint Secretary of Maharashtra State Commerce Conference. Dr.Atmaram Palnitkar has provided his services as the Chairman, Board of Services in Management Science, SRTM University, Nanded. Dr.Palnitkar and Dr.Badade are the members of the Research Recognition Committee (RRC) of the university. Dr.Palnitkar, Dr.Badade and Dr.Pawar are the BOS members of the university.
The department runs B.Com. with Foreign Trade since 1998-99. Many batches have successfully completed the Foreign Trade course. This is a practical-oriented course. Recently the syllabus has been reframed. The students visit different export-oriented companies every year and prepare an industrial visit report/ project report based on it. We have visited well-known industries located at Akluj, Aurangabad, Solapur, Jalna, Nagpur, Baramati, Pune, Banglore, Mysore, Hyderabad etc.
The coordinator of the course and also the In charge of the industrial visit is Dr. Brijmohan R. Dayma. He has fouteen years’ experience of teaching. He has 23 books to his credit. He has attended several State, National, International conferences. He is a regular speaker & author for competitive examinations. He is a recognized Yog Teacher of Patanjali Yogpeeth, Haridwar (Uttaranchal).
From the academic year 2008-09 a professional degree course i.e. B.B.A. is introduced. Miss.Vaishali Satpute is the Coordinator of this course. Weekly guest lectures are arranged for the B.B.A. students. Practical based assignments and Seminars are compulsory for them. Case study method is followed in their curriculum. Personality Development Programmes are arranged for confidence building in them
In 2013-14 the department started B.Com. with Banking and Insurance considering the increasing job opportunities in the field. Banking preparation classes are also made available to the students since 2012-13.
The Financial Literacy Cell, established in 2011, is a vibrant and socially active cell of the department. Dr.Brijmohan Dayma and Dr.Sarika Dayma conduct financial literacy workshops for various sections of the society. Eminent personalities related with finance are invited for guest lecture regularly.
Courses run by the department are:
i) B.Com. with Management
ii) B.Com. with Taxation
iii) B.Com. with Foreign Trade
iv) B.Com. with Computer Application
v) B.Com. with Banking & Insurance
i) M.Com. with International Business
ii) M.Com. with Human Resource Management
i) Ph.D. in Commerce
ii) Ph.D. in Management Science
Career oriented Courses
i) Certificate Course in Business Accounting
ii) Diploma in Retail Management