Commerce

COMMERCE STREAM

Saraswat Vidyalaya’s  Purushottom Walawalkar Higher Secondary School is one of the leading institution in Goa for imparting commerce education. After completion of class 10,the Commerce stream is quite a popular choice , as more students feel that the stream offers them a wide arena of career options to pursue after class 12, that would bring them both success as well as financial security easily.

The following are the distinguishing features of our commerce faculty course.

1. The subjects that are taught in our higher secondary for commerce stream in class XI & XII include

School Assesment Subjects

• INFORMATION & COMMUNICATION TECHNOLOGY
• PHYSICAL EDUCATION
• ENVIRONMENTAL EDUCATION
• N.S.S. / N.C.C.*

To opt for Maths (Commerce) the score for SSC Exam (Maths) to be 60% and above. Students opting for Comp. Science will have to compulsorily opt for Maths. French/Portuguese/Sanskrit may be opted for after consultation with the Principal. All optional subjects should be decided upon within the first week of reopening.

2. This course helps students to gain the knowledge of accounting principles, managerial skills, communication skills, economic policies and other attributes required for trade and business.
3. We have dedicated and experience faculty. A distinctive instruction methodology has been designed to impart instructions for the course. The learning equipment and pedagogy used for instructional purpose includes the usage of chalk & board, PPT presentations, video films, use of OERs and virtual learning platforms for E- learning.
4. Our commerce students are trained not only in academics but also in extra-curricular activities. Our results in Board exams are commendable. Every year it is nearing to 100%.  Many of our students individually have scored 90% and above for Board examination in last 10 years.
5. It is heartening to inform that the students who have passed from our institution have cleared their entrance exams of professional courses like CA, CS, ICWA, BBA and pursuing their further studies in professional courses. Some have become Chartered Accountants, Company Secretaries also placed as lecturers in our own higher secondary school and in other colleges. Some of them are picked up as probationary officers in public sector banks and in the industries.

Commerce Association under the banner ‘ARTH’

Commerce stream in our institution provides platform for the students to exhibit their talents in various commerce oriented events.  Considering this, Commerce Association was conceived in our institution under the banner ‘ARTH’ in the year 2015.It ensures that

1. The faculty and students are able to attain up dated knowledge in the field of Commerce, Accountancy and Finance.
2. Develop learners that are skilled, knowledgeable, creative, competitive and intellectually rigorous.
3. It is possible to have entire commerce faculty, Students from Std. XI & Std. XII all united under one umbrella which gives everyone opportunity to learn from each other.

The following activities are organized by Commerce Stream under the banner ‘ARTH’ during the academic year.

1. Exhibition of coins and credit instruments.
2. Competitions to improve communication skills
3. Industrial Visits
4. Business Quiz
5. Annual Field trip
6. Free lectures by resource persons from the field of business and finance.
7. Annual Visit to SEBI, Goa branch
8. Power point presentations /You Tube videos.
9. Project work
10. Felicitation of toppers of Std. XI & XII students
11. Career guidance in Commerce, Economics and Finance
12. Annual visit to Goa Assembly to make students aware about the meeting procedure.
13. Coordinating Certificate courses of NSE in Financial Literacy Programme in level III & IV and Tally Software.

This is all possible due to the co-operation and support of Management, Principal, PTA, other educational and business organisations, professionals like Chartered Accountants, bankers etc. and not forgetting the students who are energetic and hardworking.

WHY COMMERCE?

We will tell you why one should choose Commerce. To help you gauge whether you are meant to pursue a career in the field of commerce, its importance, scope & careers. Choose this field if you have a genuine interest in these subjects & have a affinity for numbers, business and the economy.

This section provides a basic knowledge of what this stream is all about.

Reasons for studying main subjects in commerce:

ACCOUNTANCY

Accountancy is an integral part of commerce stream. Its scope & reasons for studying accountancy are elaborated below:

• Accountancy is a branch of mathematical science that is concerned with the financial information about a business entity to users such as shareholders & managers.
• The financial communication that is studied under the subject is generally in the form of financial statement that shows in terms of money the economic resources under the control of the management.
• Studying accountancy enables a student to learn & discover the various causes of successes & failures of different business enterprises.
• The principles of accountancy are applied to business enterprises in three divisions of practical art, named book- keeping, accounting, & auditing.
• A student studying accountancy will learn the art of recording, classifying & summarising in a significant manner & in terms of money, transactions & events which are financial in character to any extent & the interpretation of the results of these transactions & event.

BUSINESS STUDIES:

Business Studies is an important subject for commerce students. Here are some of the reasons why one should study Business Studies:

• Business Studies is a subject that deals with the operation & organisation of modern business enterprises. The subject covers each feature of a business firm such as how a firm will be affected in different business situations.
• The main areas of study in the subject include business organisations, their various features, structure & functioning, marketing, operations management, human resource management, etc.
  • Studying Business allows a student to observe & analyse the behaviour & tactics of different firms.
  • The subject of Business Studies involves more than just mastering the art of doing business. The subject brings students abreast with the corporate culture &prepares them for their professional life.
  • Business activities are something that affects the daily lives of all people in a society. It also influences creation of employment, incomes, opportunities for personal enterprise, and standards of living of all individuals. Studying business allows a student to understand how business activities influence the society & the economy directly &indirectly.
• ECONOMICS:
  • Economics is a social science that deals with the study of the production, distribution, & consumption of goods & services.Economics has two broad branches:
  1. a) Micro-economics, where the unit of analysis is the individual agent, such as a household or firm &
  2. b) Macro-economics, where the unit of analysis is an economy as a whole.
  • Studying economics enables us to learn more about how the world works as it helps in gaining knowledge about the impact that decisions have on firms, industries & nations, the impact of international trade, both good and bad, the effects government policies have on the economy & on employment.
  • Economic reasoning & theories have been increasingly applied in the recent era to not only the study of economics but also social situations where there is no monetary consideration, such as politics, law, psychology, history, religion, marriage & family life,& other social interactions.

Students who wish to take up the commerce stream should keep in mind that this subject is not an easy alternative as compared to science. Both science & commerce are complex study areas in their own ways & cannot be compared. Hence, if a student wishes to pursue the commerce stream only because they feel that science is not a suitable stream for them, they need to rethink their choice. The commerce stream should be pursued by students who have an aptitude as well as an avid interest in it.

CAREER OPTIONS AFTER 12^TH COMMERCE.

If you don’t exactly shine in your 12^th commerce board exams, there’s no need to worry. Though some doors might have closed, many options still remain open to you. Read on for an insight into your future career options in commerce.

Some of the commerce related courses that you can pursue after12th at the undergraduate level are mentioned here.

• BCom/ BCom(Hons) CA
• CA
• ICWA
• BBA
• BCA (Bachelor of Computer Application)
• BAF (Bachelors in accounting & Finanace)
• BFM ( Bachelors of Financial Markets)
• BBI (Bachelor in Banking & Insurance
• CS ( Company Secretary)
• Mass Communication & Journalism
• LLB