The Department of Commerce (Banking and Insurance) of Subbalakshmi Lakshmipathy College of Science organized an educational tour to “Munnar and Cochin” on April 10, 2024 (Thursday) to April 11, 2024 (Friday) to explore the places, culture, and food of our neighboring state. The students got an opportunity to visit the tourist places in and around Munnar and gain commercial knowledge through this visit by interacting with the local people. This way of experiential learning motivated the students to initiate startups in the future at tourist places.
VALUE ADDED COURSE – MS-OFFICE
The Department of Commerce (Banking and Insurance) has conducted a value added program on ‘Digital Banking’ for I-Year students from March 14, 2025, to March 20, 2025. Dr. D. Abraham Pradeep, Assistant Professor, RLIMS, addressed the session. The resource person covered topics related to Digital Marketing concepts, theories, and practices in digital banking and made the session interactive and effective. Totally 66 students of I B.Com,(B&I) benefited from this program.
Outcome of the Program
- The students understand the definition and scope of digital/e-banking and how it differs from conventional banking.
- The students analyzed current trends, directions, and innovations within the digital banking industry.
NATIONAL AND INTERNATIONAL CONSUMER DAY
The Department of Commerce (Banking and Insurance) celebrated National and International Consumer Day on March 15, 2024, with a series of informative discussions aimed at promoting consumer rights and raising awareness. The event was designed to educate both students and the public on the importance of consumer protection in today’s complex market environment.
The event began with a warm welcome from Mrs. V. Padmavathy, Head of the Department of Commerce (Banking and Insurance). Her opening address set a positive tone for the day, emphasizing the importance of consumer awareness in the globalized world. She highlighted the significance of understanding consumer rights and responsibilities, underlining that this event was a crucial step toward educating the future leaders of the business world on these essential issues.
The highlight of the event was a detailed presentation by Mr. S.V. Srihari, a second-year student from the Department of Commerce (Banking and Insurance) program. His presentation, titled “Consumer Awareness Program”, addressed the current challenges and opportunities surrounding consumer rights. He elaborated on the fundamental rights every consumer is entitled to, such as the right to safety; the right to be informed; the right to choose; and the right to be heard. He provided an overview of consumer protection laws in India, including the Consumer Protection Act of 2019, which has strengthened consumer rights and enforcement mechanisms. Additionally, the presentation highlighted how various countries approach consumer rights, focusing on global initiatives and the role of international organizations in advocating for consumers.
The event also featured a Consumer Awareness Mime Program, a performance from the second year students. The event concluded with a vote of thanks delivered by Ms. Sulochana from I B.Com (B&I).
CUENTAS ASSOCIATION
The Cuentas Association of the Department of Commerce B.Com. (B&I) organized an engaging and informative activity on March 15, 2024. The event commenced with a warm welcome by Ms. Khushbu, setting a positive and welcoming tone for the day. The Vice Principal, Mr. T. Guru Baskar, delivered felicitation address, appreciating the efforts of the department and the students for organizing such an enriching event. The first segment of the event was a Business Quiz Programme, conducted by Ms. A. Swathi (II B.Com. B&I), Mr. Mithun (I B.Com. B&I), and Ms. Nisha (I B.Com. B&I). The quiz was designed to test students’ knowledge on various business topics, economics, and current affairs, fostering a sense of competition and learning among the participants.
Mr.Udhaya Vishwa, II B.Com B&I, Mr.Hemanarashimman, I B.Com B&I conducted Paper Presentation. Many students presented papers on the topic of Block chain Management, demonstrating their research skills and offering insightful perspectives on the emerging technology. The presentations sparked thoughtful discussions and enhanced the students’ understanding of the subject.
The final segment of the event featured an engaging session called “As You Like It”, organized by Ms. S. Saishruthi (II B.Com. B&I), Ms. Gopika (I B.Com. B&I), and Ms. Lavanya (I B.Com. B&I). This activity promoted creativity, teamwork, and problem-solving skills among the students.
The event concluded with a vote of thanks delivered by Ms. Sulochana, I B.Com. (B&I). Her words of gratitude acknowledged the contributions of all participants and organizers, bringing the event to a successful close.
To put in a nutshell, the association activity provided an excellent platform for students to showcase their skills, expand their knowledge, and engage with peers in a meaningful and collaborative way.
INTER- COLLEGIATE
The students of the Department of Commerce participated in an Intercollegiate Meet organized by Bharat Niketan Engineering College, Theni on March 05, 2025. Totally, 50 students from I & II Year (B.Com B&I) participated in the Inter Collegiate Meet.
- S.Sai Shruthi of II B.com (Banking & Insurance) won the II Prize in Best CEO.
- S.Simbu and Mr.S.Ramamoorthy of II B.com (Banking & Insurance) won the II Prize in Art from Waste.
- K.Gopika of I B.com (Banking & Insurance won the II Prize in Mobile Photography.
- V.Nandha Kumaar, Mr.R.Arun Pandi, Mr.S.Sachin, Mr.K.Udhaya Viswa, Mr.V.Sri Hari, Mr.T.K.Asuthosh Kumar won the I Prize in the Mime Show.
Inter Collegiate Meet & National Conference-Paper Presentations
The students of the Department of Commerce participated in a One Day National Conference on Digital Innovation and Sustainable Business Strategies in the Contemporary Era organized by Mannar Thirumalai Naicker College, Madurai on March 06, 2025. Totally, 4 students from II Year (B.Com B&I) participated in the Conference.
Ms.S.Sai Shruthi, Ms.A.Swathi, Mr.P.Manivikas and Mr.P.Shri Kumaran of II B.Com (Banking & Insurance) received certificates for paper presentation.
INTER- COLLEGIATE & INTERNATIONAL CONFERENCE
The students from the Department of Commerce participated in an Intercollegiate Meet organized by the Department of Computer Science and Design at Sethu Institute of Technology and School of Commas ’25 at The American College, Madurai on February 25 & 28th 2025. Mr. P. Shri Kumaran, and Ms.S.Sai Shruthi, II B.Com (Banking & Insurance), represented our department in the event. Mr.P.Shri Kumaran secured First Prize in the Dalgona Risk competition and won a cash prize as the Runner-up in the Jail Break event and Ms. S.Sai Shruthi received the certificate in the Vocalizing (Singing) event.
INTER- COLLEGIATE & INTERNATIONAL CONFERENCE
The Department of Commerce participated in the Intercollegiate Meet organized by Mangayarkarasi College of Arts and Science for Women and the Thiagarajar School of Management, as well as the International Conference on Evolving Perspectives in Humanities and Social Sciences (ICEPHSS’25), organized by the Department of English, Kalasalingam University, on February 20 and 21, 2025. A total of 11 students from the First, Second, and Third Year (B.Com B&I) participated in the Intercollegiate Meet and International Conference.
- Ms. D. Abirami and Ms. R. Kavidharshini of I B.Com (Banking & Insurance) received certificates for Fireless Cooking.
- Ms. P. Shoba of II B.Com (Banking & Insurance) received a certificate in Reels Making.
- Ms. K. Gopika, Ms. R. Hari Keerthana, Mr. V.V.K. Mithun, Mr. S. Karthick Harshan, Mr. M. Hemanarashimman, and Mr. E. Pranav Praghadeesvar of I B.Com (Banking & Insurance) received certificates for paper presentations.
- Mr. M. Hema Narashimmen received an award for poetry.
- Mr. P. Abishek and Mr. A. Angeshwaran of III B.Com (Banking & Insurance) won the first prize in the Quorum Quest (Business Quiz) event.
VALUE ADDED COURSE – TALLY PRIME
The Department of Commerce (B&I) conducted a value-added course on TALLY for the students of II B.Com- B&I over 8 days, from 12.02.2025 to 20.02.2025. The expert covered topics related to GST, Payroll, and E-Filing theories and practices in Tally Prime, making the session interactive and effective.
Outcome of the Program:
- Students gained a clear understanding of basic accounting principles, such as double-entry bookkeeping, ledgers, trial balances, and how to manage financial transactions.
- Students acquired the ability to use Tally to assist small businesses, freelancers, and large enterprises with their accounting needs, improving financial management and decision-making.
- Students learned how to navigate and use the various features of Tally, such as:
- Creating and managing different types of vouchers (e.g., sales, purchases, payments, receipts).
- Understanding how to generate GST reports and manage tax-related entries in Tally.
- Using Tally for inventory tracking, stock management, and valuation.
- Managing employee salaries, deductions, and generating pay slips.
- Creating balance sheets, profit and loss statements, trial balances, and other financial reports.
SSI Education Institute from Madurai conducted the session effectively for all 46 students in II B.Com (B&I). The students worked through more programs using Tally and became proficient in its use. They were motivated and inspired to consider a career involving the use of Tally.
INDUSTRIAL VISIT TO SAKTHI SUGAR FACTORY LIMITED, SIVAGANGAI ON 07.02.2025
The Department of Commerce B.Com (B&I) organized an industrial visit to Sugar Factory Limited, Sivagangai, on February 7, 2025. Totally, 37 students from II year B.Com (B&I) along with Mrs.V.Padmavathy, Head and Assistant Professor, Department of Commerce (B&I) and Dr.A.Devi, Assistant Professor, Department of Commerce (B&I) visited the factory. The students were briefed on the various processes of sugar. The students were able to witness the production process of sugar in the factory. The visit provided an excellent opportunity for students to witness the real-time operations of a large-scale sugar manufacturing unit and to gain practical insights into the sugar industry’s functioning, management, and technological advancements. This visit aimed to bridge the gap between theoretical knowledge and practical application for the students of the department.
Outcome of the Program
- Students gained a comprehensive understanding of how sugar is produced, from raw material reception to final packaging.
- The visit helped students witness the technological innovations employed in modern sugar mills, especially in terms of automation, energy efficiency, and waste management.
- Students were able to understand the various challenges faced by the sugar industry and how businesses adapt to changing market conditions and environmental concerns.
- The visit highlighted the importance of sustainability in the sugar industry, especially in waste management, energy generation, and environmental conservation.