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The Department of Commerce is one of the pioneering departments of Pondicherry University. Differentiating itself from the traditional M.Com course. The Department offers specialized Post-Graduate course in Commerce, M.Com (Business Finance) with focus on ‘Finance’. The Department aims at imparting in-depth knowledge and professional skills required for handling the “Finance Functions” of the various corporate enterprises. As there is a need for Accounting & Taxation professionals in all sectors of economy, the Department introduced another specialized M.Com. (Accounting & Taxation) programme from the academic year 2011-2012. This course is designed to cater to the manpower requirements of corporate sector having knowledge in the area of Accounting & Taxation, supplementing the manpower supplied by professional courses like Chartered Accountancy and Cost and Management Accountancy.
The Department also offers Ph.D. Programme and encourages research in the field of Accounting, Finance, Banking, Marketing, Personnel Management and other related fields. 95% of the Ph.D scholars of the Department are JRF, MANF, RGNF fellowship holders, and the rest of the scholars get University fellowship.
The Department imparts knowledge through lectures, interactive sessions, case analysis, group discussions on contemporary themes, internship training & project work. Besides, career guidance & counselling, institute-industry interaction programme, application of ICT, industrial/field visits, educational tour and students’ participation in academic activities of Universities and other institutions are also arranged to give practical exposure to the students.
The Department is supported by UGC under SAP (DRS) to achieve academic excellence with a thrust on one of the most contemporary areas in finance i.e. “Derivatives and Risk Management”. The Award of SAP and continuation of it to level II is a proof of the capability of this department and the team work. All faculty members in the Department are research guides. More than 400 publications in National and International Journal are to the credit of the faculty of the Department. The Department has also conducted 4 International conferences, in additional to more than 20 National seminars and workshops.