It has rich background and existence of over eight decades and by virtue of its leadership in spreading education in about thousand affiliated colleges, with a perfect blend of modern and traditional courses taught with latest audio-visual aids and other hi-tech gadgets, the University earned its much deserving supreme grade of ‘A’ Grade status by the National Accreditation and Assessment Council (NAAC) of the University Grants Commission, Government of India in the year 2008 and designated as University with Potential for Excellency (UPE).
University College of Commerce and Business Management (UCC & BM) was started as an independent unit in August 1975 with two departments, namely, Department of Commerce and Department of Business Management. Earlier, these two departments were part of the University College of Arts and Social Science. In order to meet the requirements of accommodation for the Department of Commerce and Business Management, the present building was constructed.
University College of Commerce and Business Management (UCC & BM) was started as an independent unit in August 1975 with two departments, namely, Department of Commerce and Department of Business Management. Earlier, these two departments were part of the University College of Arts and Social Science. In order to meet the requirements of accommodation for the Department of Commerce and Business Management, the present building was constructed.
The college was shifted to the present building in 1988 from University Arts College building. It has been felt that there should be specific focus and emphasis both in teaching and research in respect of different subjects under the umbrella of Commerce and Management. Consequently, the faculty of Commerce has been bifurcated in July 1999 into two distinct faculty’s viz., Faculty of Commerce and Faculty of Management. The college represents these two faculties.
Department of Commerce is one of the twin departments, housed in the College of Commerce and Business Management situated in the main campus of the Osmania University, has a history of over six decades and caters to the academic requirements of over 1500 students at PG level.
The Department came into existence as an independent wing of Osmania University with the launching of B.Com. Degree in 1945. The Department has been making intensive efforts to improve its profile, by serving the community on different fronts, in the form of imparting education through various courses, undertaking projects financed by the U.G.C., State Government, Industrial establishments etc., and encouraging intensive research on topics of contemporary relevance. The services of the Department are being provided not only to Andhra Pradesh in the form of formal system of education, but also to the entire country in the form of distance and open learning.
M.Com., M.Com (Information Systems) and M.Com (Finance) programmes are offered in the University campus and in the three constituent colleges; viz. University College for Women, Koti, Nizam College in the city of Hyderabad and Post Graduate College, Secunderabad, two PG colleges in the districts of Gadwal and Medak and about 50 other Private Colleges situated at Hyderabad and Secunderabad and other districts. The Department is also imparting Commerce education at Undergraduate level, through a network of about 500 affiliated colleges to about 1,50,000 Commerce students.
Department of Commerce played a major role in setting up the Institute of Public Enterprise (IPE), which has grown into a premier Research and Consultancy Institute working in the area of Public Enterprise. To meet the needs of academics, industry, society etc., the Department has been offering various courses and conducting Research in various fields and offering solutions to the contemporary problems of Indian economic and commerce environment.