Department of Commerce

Department Profile

The PG & Research Department of Commerce at Farook College (Autonomous) is the largest and one of the most prestigious departments of the institution, established in 1951 with a visionary approach to cultivating high-calibre managers, entrepreneurs, and business leaders who meet the dynamic needs of the corporate world. With a strong emphasis on finance, the department offers a diverse range of programs, including B.Com, M.Com, and a Ph.D. in Commerce. These programs are meticulously designed to enhance employability, deepen both theoretical and practical understanding, and open doors to diverse career opportunities.

Over the years, the department has set a benchmark for academic excellence by integrating best practices in teaching and learning. This includes a rich curriculum supported by peer mentoring, community engagement, research publication, and offering tailored bridge courses for non-commerce students, as well as skill-enhancement training. The department embraces innovative teaching methods, blending traditional lectures with interactive group projects, discussions, debates, case-based learning, and more, fostering a dynamic and engaging academic environment.

Committed to delivering world-class commerce education, the department constantly raises the bar through quality initiatives, cutting-edge pedagogy, and holistic extracurricular opportunities, ensuring that students are on par with global standards. Our alumni, who have distinguished themselves in academia, government, and industry worldwide, serve as a testament to the department's legacy of excellence and continue to inspire our ongoing pursuit of innovation and growth.

Year Functional MoU of the Department of Commerce Purpose
2023 MoU with Parrisons Group of Companies Industry Connect & Market Research
2023 MoU with Farook Institute of Management Studies (FIMS) Academic Integration & Exchange
2023 MoU with Kairali TMT Steel Bars Industry interaction Programmes
2023 MoU with Kenza Developers Extension & Professional Exchange
2023 MoU with Lady Loefella-Women owned bake house Women Entrepreneurship & Baking Innovations
2023 MoU with Meltrax Company Limited Yiwu, China Industry Collaboration, Research & Extension
2021 MoU with Integration of ACCA (UK) with BCom Finance & Computer Application (6 Paper Exemption) Academic Integration & Value Addition


Vision Statement

To be a leading centre of commerce education, fostering innovation, creativity, and ethical practices to empower students as responsible individuals contributing to the family, society, and the nation.

Mission Statement

  1. Fostering Innovation and Creativity:
    To provide a dynamic learning environment that encourages creativity, critical thinking, and entrepreneurial skills, enabling students to be pioneers of change in the business world.

  2. Holistic Development:
    To nurture value-based education, focusing on moral and ethical growth, ensuring students are equipped with integrity and a sense of responsibility towards family, society, and the nation.

  3. Industry-Relevant Education:
    To bridge the gap between academia and industry by offering practical training, internships, and industry collaborations, ensuring our students are well-prepared to meet the challenges of a globalized economy.

  4. Community and Social Impact:
    To cultivate a sense of social responsibility, encouraging students to actively contribute to societal well-being through various outreach and community engagement programs.

  5. Lifelong Learning:
    To promote continuous learning and personal growth, empowering students to adapt to ever-evolving business trends and global challenges while contributing positively to the nation's development.