COMMERCE LAB

History

In order to meet the challenging needs of Corporate Environment, it is not just sufficient for students to be theoretically sound, they must also be exposed to the external world in a dynamic way to face practical situations. Commerce Lab aims at stressing the importance of practical application of knowledge gained through theory. It helps students and staff  members keep abreast of the latest developments in the business World.Commerce Lab has been Inaugurated on 21.01.2015, Dr.N.R.Dave, President Hindustan Chamber of Commerce was the Chief Guest for the occasion. He lauded the effect of management in establishing Commerce Lab which is a rare one in Colleges across Tamil Nadu. He hopes that the lab provide much needed practical exposure to students in the field of Trade, Business and Commerce complementing academics.

Established Commerce Lab in January 2015 to provide practical exposure on Trade, Commerce & Industry on daily basis. Group discussions are initiated and conducted on current topics.

In association with National Stock Exchange, students provided online trading practice.

  • BANKING
  • INSURANCE
  • E-MARKETING
  • TAXATION
  • STOCK EXCHANGE
  • HIGHER STUDIES
  • CORPORATE AFFAIRS
  • DIGITAL DISPLAY BOARD
  • ONLINE FILLING OF IT FORMS, BANKING CHALLANS ETC
  • MOU WITH NATIONAL STOCK EXCHANGE (NSE).

Commerce Lab Activities

  • Practical orientation to students on matters relating to Banking, Insurance, Taxation, Foreign Trade, Corporate affairs, Stock exchange etc. by the faculty and resource persons
  • Online entry of forms / IT Returns through power point presentation
  • Digital display of latest informations such as currency exchange rates, bullion rates, wholesale price index, bank deposit & loan rates of interest, stock exchange rates and any other current relevant information
  • Preparation of Charts, Models, News Letters by students for display
  • Everyday group discussions on current issues
  • Conduct of quiz competitions, poster competitions, innovative competitions etc
  • Interaction with the peers from other institutions
  • Enacting programmes on mock banking, insurance, taxation etc
  • Conduct of mock Annual General Meeting
  • Display of latest informations in the Notice Board / Display Boards
  • Conduct of inter-departmental and inter-collegiate competitions
  • Discussion / Interaction on current issues
  • Providing valuable tips / information on career prospects (jobs & higher studies)
  • Showing online stock exchange activities
  • Organising exhibitions
  • Inviting non-commerce students to visit the lab for exposure
  • Conduct of Commerce Lab Day
  • Conduct of Practical tests

Activities

2017-18

  • Interactive Session on Goods and Services Taxes (GST) conducted on  01.07.2017 by Dr N.Rajendra Naidu, Director.

  • Live GST Telecast at DD Channel conducted  from 10.07.2017 to 12.07.2017.

  • Celebration of Income Tax Day celebrated on 24.07.2017 for III year Commerce students of Shift 1 & 2.

 Introduction to GST an Interactive Session was conducted on 12.02.2018 

  • Resource Persons:Mr Venugopal Nair, IRS.,Ms Rosa Usha Anthony Asst. Director,
  • Mr Srivatsan,Sr. Faculty, National Academy of Customs, Indirect Taxes & Narcotics (NACIN).

Third Anniversary of Commerce Lab on 27.03.2018 

  • Chief Guest: Dr P.T.Giridharan,Joint Director & Regional Head, Southern Region,The Institute of Chartered Accountants of India,Chennai.

Practical Classes Commerce Lab 

  • Various practical classes were conducted on daily basis.

2016-17

  • Commerce Practical Classes in Commerce Lab

Conducted several practical classes related to accounting, banking, taxation etc. by making use of Power Point Presentation and Internet. Students made use of various Forms, Challans, Application for opening SB account, KYC forms and Income Tax Returns etc.

  • Live Union Budget 2017 Discussion

On 01.02.2017.  65 students attended the programme. A test was conducted based on budget and prizes distributed.

  •  Post Budget Discussion – 2017

Interactive Session conducted on 07.02.2017 byMrs Srividhya, Chartered Accountant.

Commerce Practical Classes in Commerce Lab

  •  Conducted several practical classes related to accounting, banking, taxation etc. by making use of Power Point Presentation and Internet.
  • Students made use of various Forms, Challans, Application for opening SB account, KYC forms and Income Tax Returns etc.
  • Non –Commerce students have also attended the Commerce Lab.

Second Anniversary of Commerce Lab

  • Celebrated on 21.03.2017.
  • Chief Guest : Dr S.Sasikala, Joint Director of Collegiate Education, Chennai Region, Chennai

2015-16

  • Commerce Practical Classes in Commerce Lab
  • Conducted several practical classes related to accounting, banking, taxation etc. by making use of Power Point Presentation and Internet. Students make use of various Forms,Challans,Income Tax Returns etc.

Commerce Lab Day

  •  Conducted on 21.01.2016
  • Mr V.Murali,Chartered Accountant,Chairman, Board of Studies, The Institute of Chartered Accountants of India, New Delhi was the Chief Guest.

Commerce Practical Classes in Commerce Lab

  • Conducted several practical classes related to accounting, banking, taxation etc. by making use of Power Point Presentation and Internet.
  • Students make use of various Forms, Challans, Application for opening SB account, KYC forms and Income Tax Returns etc.

Live Union Budget

  • Conducted on 29.02.2016 at Commerce Lab.
  • 80 students have attended the programme.  An instant test was conducted based on budget.

2014-15

Workshop for Commerce Students

  • One day workshop on ‘Career Prospective for Commerce Students’ was conducted on 19.09.2014
  • Resource Persons:
  • Mr M.L.Narendra Kumar,
  • Director, Instivate Learning Solutions Pvt Ltd.,
  • Mr S.Sathish Kumar,
  • General Manager, Royal Sundaram Alliance Insurance Co.
  • Mr A.R.Vasudevan
  • Regional Manager, BSE Investor Service Centre
  • Mr G.Pushparaj,
  • Business Process Lead, HR Department, TCS

                                                                                     

Session on ‘Finance – A life skill and an opportunity’

  • Mr Saurabh Chacko, Assistant Manager,National Stock Exchange of India Ltd.,
  • Mr M.Shekar, CEO & President, IFB were the Chief Guests.

Inauguration of Commerce Lab

  •  Inaugurated on 21.01.2015 
  • Dr N.R.Dave,President, Hindustan Chamber of Commerce was the Chief Guest.

  • Live Union Budget -2015 telecast at Library

 Union Budget – 2015 was telecast in the Library Reading Hall on 28.02.2015. 125 Students have viewed the live telecast

  • Post Union Budget 2015 Discussion
  • Conducted on 05.03.2015
  • Sri M.Inbaraj, Chartered Accountant has addressed and interacted with students

 

  • Financial Gallery of RBI visit

Basic Research Students visited RBI Financial Gallery on 18.03.2015

2013-14

  • Skill Development Test by Andhra Chamber of Commerce

Andhra Chamber of Commerce has conducted Skill Development Test (pre employment test) for final year student of Shift 1& 2 on 14th September 2013. 1051 students have taken the test.

  • Follow up of Skill Development Result of Andhra Chamber of Commerce (Above 50% marks secured students and their parents)

An informative meeting was conducted on 02.12.2013 as a follow up of Skill Development Test of Andhra Chamber of Commerce with special reference to DGCS test (D-Direction, G-Governance, C-Creative, and S-Synthesis) & job oriented training courses in Retailing, Logistics and Accounting.

  • Follow up of Skill Development Result of Andhra Chamber of Commerce (Below 50% marks secured students)

An informative meeting was conducted on 03.12.2013 as a follow up of Skill Development Test of Andhra Chamber of Commerce with special reference to ‘Campus to Corporate’ training programme. (on self confidence, personality enrichment, CV writing, group discussion, interview techniques etc.)