Commerce (SEBA, CEBA)

“Commerce changes the fate and genius of nations.” – Thomas Gray

Studying Commerce as a stream can be defined as a study of business activities such as sale and purchase of goods and services from the producer to a buyer. Students studying under this stream have a thoughtful outlook on the outside world. A career in commerce has lots of difficult challenges and practical facts added to it. Most students opt for Commerce because they want to take the next step in business and follow the strategies to become successful.

Commerce is soon becoming a new way of modern life and setting a new direction for students to lead their life in the best possible way. With the rapid popularity it is gaining among Indian students, Commerce provides many career opportunities for students in Chartered Accountant, Investment in Banking sectors, Insurance field, Stock market level, etc.


Accountancy is an integral part of Commerce Stream. It is a branch of mathematical science that is concerned with the financial information about a business entity to users such as shareholders and managers. Studying accountancy enables a student to learn and discover the various causes of successes and failures of different business enterprises. The principles of accountancy are applied to business enterprises in three divisions of practical art, named accounting, bookkeeping and auditing.

A student studying accountancy will learn the art of recording, classifying and summarizing in a significant manner and in terms of money, transactions and events which are financial in character to any extent and the interpretation of the results of these transactions and events.

  • Accountancy is the basic subject for any graduation in the field of commerce
  • It helps to understand fundamental concept and techniques of the basic accounting system
  • It helps the students to attend competitive examinations related to commerce
  • It helps in gaining knowledge of the global financial economy
  • The PU board syllabus highly practical approach, giving meaningful experience in business accounting and finance with in simulated and real life situation

Business Studies

Business Studies is an important subject for commerce students. It is a subject that deals with the operation and organization 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 organizations, their various features, structure and functioning, marketing, operations management, human resource management, etc. Studying Business allows a student to observe and analyze the behavior and 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 and prepares them for their professional life.

Studying business allows a student to understand how business activities influence the society and the economy directly and indirectly.

  • The syllabus is useful by giving a platform for building the student’s career.
  • It provides the students to be observant about all business activity and discover what is happening in the current business organisation.
  • It helps to get a comprehensive knowledge of the current business world.
  • To provide a student to learn how to form business, manage the business environment and also financial requirement of business.     


Economics is a social science that deals with the study of the production, distribution, and consumption of goods and services. It has two broad branches – micro-economics, where the unit of analysis is the individual agent, such as a household or firm, and macro-economics, where the unit of analysis is an economy as a whole. Studying economics enables the students to learn more about how the world works as it helps in gaining knowledge about the impact that decisions have on firms, industries and nations, the impact of international trade, both good and bad, the effects government policies have on the economy and on employment. Economic reasoning and theories have been increasingly applied in the recent era to not only the study of economies but also social situations where there is no monetary consideration, such as politics, law, psychology, history, religion, marriage and family life, and other social interactions.

  • Economics is the Queen of all Social sciences and it has recognised with Nobel Prize.
  • We live in a world of limited resources with unlimited wants.
  • Economics will explain and explores about problem of choice to acquire maximum satisfaction.
  • This provides one to understand human behaviour and cultivates problem solving.
  • It helps us to make intelligent decisions to use resources efficiently and effectively for growth and success.


Statistics plays an important role in business. It is a set of mathematical equations that we use to analyze things. It keeps us informed about, what is happening in the world around us. A successful businessman should be very quick and accurate in decision making. Statistics helps a businessman to plan production according to the taste of the costumers; the quality of the products can also be checked more efficiently by using statistical methods. Statistics play a big role in the medical field. Statistical concepts are used in quality testing. Statistics is useful to meet the demand in all sectors ranging from Government, Business, Industries and Research.


  • Statistics is useful to meet the demand in all sectors ranging from Government, Business, Industries and Research.
  • Helps in data collection, Analysis, Evaluation and Research.
  • Development in General IT Skills like SAS, SPSS, Data Analytics.
  • Helps in problem solving skills, Self-management skills including Planning and meeting the dead lines in competitive era.
  • To create dynamic statistical profession to meet Global Technology, challenges through Research, Innovation for the benefit of society.
  • To manage and gain business operations, auditing for accounting, managing inventory, market analysis, sales forecast, optimization techniques and financial analysis.
  • Useful for further courses like B.Com, BBM, BSC, CA, CS, ICWA, MBA, M.Com etc.