Blog

The Department of Commerce (Banking and Insurance), in collaboration with the Cuentas Association, organized an insightful Career Counseling Awareness Programme on banking and insurance opportunities for aspiring finance professionals. The programme aimed to bridge the gap between academic theory and industry practice. It featured Ms. T. M. G. Trisha (2022–2025 Batch) of City Union Bank as the guest speaker. The resource person presented a comprehensive overview of the financial services sector, emphasizing key areas such as the evolving dual role of modern bankers, where traditional banking functions are integrated with the proactive marketing of financial products. She provided detailed guidance on preparing for the Diploma in Banking and Finance (DBF), highlighting its importance for career progression and technical competence. Participants gained valuable insights into frequently asked interview questions and the core competencies expected by HR professionals in the banking and insurance industries. The session also explained the training phase in financial institutions, illustrating how theoretical knowledge is transformed into practical experience during the initial months of employment. Furthermore, the nature of work in insurance companies was discussed, with particular emphasis on risk assessment and portfolio diversification. The programme concluded with an interactive question-and-answer session, allowing students to clarify their doubts. A total of 104 students from I, II and III years of the programme benefited from the speaker’s personal experiences and professional expertise. The session left the participants better informed, motivated, and prepared to pursue rewarding careers in the banking and insurance sector.

On December 15, 2025, the Department of Commerce (Banking and Insurance) organized a peer teaching session on Group Insurance, led by Ms. Swathi A of III B.Com (Banking and Insurance). The session provided a comprehensive exploration of the topic, covering its fundamental characteristics, various types, and the necessity of such coverage in modern business. Through the use of case studies, Ms. Swathi illustrated the practical advantages and disadvantages of group insurance schemes. By utilizing a peer-to-peer teaching model, the department successfully simplified a complex subject, fostering an interactive learning environment in which students gained deep insights into the role of insurance in both professional and personal contexts.

The Department of Commerce (B&I) successfully conducted a six-day Value-Added Course on Ethics in Banking and Financial Institutions for I B.Com (B&I) students from October 23 to 29, 2025. The sessions were facilitated by Mrs. V. Padmavathy, Assistant Professor of Commerce, and Mr. N. Arunkumar, Assistant Professor of Commerce, B.Com (Banking and Insurance), Subbalakshmi Lakshmipathy College of Science, Madurai. The resource persons provided intensive training on ethical practices and professional responsibilities within the banking and financial services sector.

Outcome of the Program

The key outcomes of the “Ethics in Banking and Financial Institutions” course are as follows:

• Students developed professional judgment, ethical competence, and an understanding of responsible financial practices.
• They learned to apply various ethical theories and decision-making models to analyze real-world banking scenarios.
• Students gained knowledge of core ethical principles such as integrity, objectivity, confidentiality, professional competence, and fairness—essential qualities for ethical conduct in the financial sector.
• The program enabled students to identify and critically evaluate complex ethical dilemmas commonly encountered in the workplace (e.g., conflicts of interest, mis-selling of financial products, data privacy issues, and money laundering).
• Students learned to use structured decision-making processes to resolve ethical challenges while considering the consequences of their decisions on various stakeholders, including customers, colleagues, regulators, and society.
• The course aimed to instill a strong sense of professional integrity, encouraging students to act honestly and responsibly and to avoid actions that could harm clients or discredit the profession.
• Students developed an appreciation for the broader societal and environmental impact of financial decisions, including the importance of integrating Environmental, Social, and Governance (ESG) factors into banking and investment practices.

The Department of Commerce (B.Com – Banking and Insurance) organized an industrial visit to Gainup Technotek Limited, Dindigul, on October 25, 2025. A total of 62 students from II Year B.Com (B&I), accompanied by Mr. P. Ajay Kumar, Assistant Professor, Department of English, and Mrs. R. Nithya Kalyani, Assistant Professor, Department of Commerce (B&I), participated in the visit. During the industrial visit, the students were briefed on the company’s historical background, organizational structure, and the functions of its various departments. They also had the opportunity to observe the textile manufacturing process first hand. In conclusion, the industrial visit proved to be highly beneficial, providing students with valuable practical exposure to real-world commerce and industrial operations.

The Department of Commerce (Banking & Insurance), in collaboration with the Cuentas Association, organized a beneficial session on October 11, 2025. The event was held in the Seminar Hall from 12:40 PM to 1:30 PM. The session was graced by the presence of Dr. Abraham Pradeepfrom RLIM, who served as the resource person. During the program, Dr. Pradeep shared his extensive knowledge and experience related to the Indian Institute of Banking and Insurance and Retail Banking, emphasizing the importance of aligning academic pursuits with industry demands. The event brought together first- and second-year students, benefiting a total of 89 participants.

The Department of Commerce, B.Com (Banking and Insurance), organized a one-day industrial visit to the Dinamalar Paper Factory, Madurai, on October 10, 2025, for the first-year B.Com (B&I) students.The visit provided students with valuable awareness of various printing processes and news-printing technologies. They also learned about the types of ink used in newspapers and received instructions on the software applications utilized in the printing process.The students were accompanied by Mrs. R. Nithya Kalyani and Dr. A. Devi, Assistant Professors of B.Com (B&I). A total of 42 students benefited from this industrial visit.