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Department of Commerce (Accounting & Finance) - Activities & Events in 2019-20

The academic year 2019 - 20 has been a quite uplifting year for the department of Bachelor of Commerce (Accounting and Finance) not only in academics but also in extra – curricular activities. This can be attributed to the dedication and team spirit of students, staff of BAF Department.

JASHN 2k19

Department of Bachelor of Commerce (Accounting and Finance) organized a sumptuous fresher’s party for the batch of 2019 – 20 on 30TH July, 2019. Jashn 2019 was one of the most exciting and memorable experience for all the freshers who would cherish this lifelong. The freshers day was filled with happiness, joy, energy, excitement, laughter and enthusiastic performances. The theme for freshers was 'Street to Stardom'.  


GUIDANCE LECTURES BY BAF ALUMNI AND OTHER INDUSTRIAL EXPERTS

FINANCIAL SEMINAR 2019

A session on financial and analytical skills development was conducted on the 6th of July 2019 in the seminar hall at 9:30 am for the students of B.com and B.com (A&F). The eminent speaker for the session was CA Sahil Agarwal, Finance Head, Mondelez India Foods Pvt. Limited. He is a chartered accountant from the ICAI who was ranked 46th in CA final exam and he's completed his CFA course from CFA institute, USA.

Pitch presentation, Rounds of finance, Angel investors 

On 22nd June, 2019 Mr. Jinesh Borad who is currently is working under a chartered accountant and practicing his articleship. He is pursuing his chartered accountancy course and soon he will appear for his finals. He gave us wonderful and interesting lesson of career and corporate perspective.   

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Skills required by financial professionals in the industry 

On 6th of July 2019 The eminent speaker for the session was ex-student of BAF CA YASH GUNTLA he has completed Chartered Accountancy, has 5 years of experience. Mr Yash Ghuntla spoke about the various skills required by financial professionals in the industry, and also about what are the actual tasks performed by CA. 


Digital Marketing 

On 20th July, 2019 Jahanvi Mehta (Alumni- Team leader) gave an informative session on digital and online marketing.  

"Success and Risk"

The speaker for the smile lecture on 10 August 2019 was BAF Alumni Mr. Pratik Shukla also Performed in Malhar fest that is Asia's second largest fest. He is an actor and has done a corporate advertisement, 3 short films on YouTube and also performed for Shatrughan Sinha and BomanIrani in an NGO event organised by CFBP (Council For Fair Business Practices)  and also won first prize for that event, Performed in the theater shows in Kala Ghoda Art festival in last 2 years. 


CAT, CET MBA 

On 21September, 2019 Bhakti Sharma Alumni- shared his knowledge and experience about CAT, CET MBA Test Preparation for Indian and foreign Institutes.

Entrepreneurship 

On 28September, 2019 Darshil Bhandari is one of the alumni of BAF department. One of the most intelligent entrepreneur and because of his wit he was awarded the “Best Entrepreneur Award” in 2016 by Lion Dr. Nishikant Jha. He with his story inspired a lot of students and even motivated them that if he can then anyone can. He also offered Job & Internship for present students.   

Financial planner as a career

On 1st February, 2020 Malav Bhogaita shared their experience about how CFP is important in today’s time and gave a brief about it. 

ACCA

The speaker for the smile lecture on 22nd February 2020 was Mr. Naman. He is currently pursuing BAF from our college and is in third year. Other than BAF he is also doing another course i.e ACCA. Naman spoke about how one can manage both college studies and at the same time also pursues another course side by side. 

Current Indian Economy Issues

On 22 February 2020, a lecture was conducted on research in current Indian economy issues & reasons for recession in economy by Dr. Nishikant Jha. Total 52 students attended the lecture.

Budget 2020

On 29 February, 2020, A smile lecture was conducted to guide the students on Budget 2020. The Speaker was Mr. Subhashchandra rajkumar Chaudhary He is a eminent speaker his qualifications are M.Com C.A Inter, 2 net 1 set, 5 years working as part of internal audit in companies like Jha, jerking, major metal, also he’s an  independence tax practitioner and Assistant professor in  Thakur College of Science & Commerce (Department of accountancy). 

Be What You Want To Be 

On 7th March, 2020, The Speaker was miss Riddhi Anil Jain an Ex-student of TCSC (BAF -2017) She is a eminent speaker her qualifications are C.S. Executive, Rajasthan Public Service Commission (RPSC) Maine 2018 (Result awaited), Union Public Service Commission (UPSC) Interview (Appeared) by self study. 



Mantra JUST 2 HOURS TO YOUR OWN ROAD MAP

Bachelors in Accounting and Finance Department (BAF) along with the Department of Business Communication organized “MANTRA” on 14th September, 2019  It has been successfully organized by the BAF department since last 10 years, Mantra has always had a record for introducing interesting topics like CEO meet, Cybersecurity,  mental health,etc. This year the session was conducted on the topic “Career Opportunities”. The session was conducted by Mr. Tanuj Poddar and Ms Neerja Bhargava. 

WORKSHOPS

Goods and services tax awareness campaign

This workshop was conducted on 23 July, 2019. The main aim of this workshop was to enlighten all the students, teaching staff as well as non-teaching staff of Thakur College of Science and Commerce. The students shared the knowledge about the GST to various stakeholders along with its implications as it is the biggest tax reform system in India. The stream was divided into 5 main streams: Introduction, Rates, Registration, Input Tax credit, & Conclusion. Everyone appreciated the efforts taken up by the department of Bachelor of Commerce (Accounting & Finance) and it was proposed to keep such workshop in future also.  


Revised syllabus workshop 

The Revised syllabus workshop for TYBAF Semester V & VI was conducted on 27th July, 2019 in Association with BoS Accountancy University of Mumbai and Science and Commerce and Department of Bachelor of Commerce (Accounting and Finance). Technical session was conducted by Resource Persons and we received a positive response from the various dignitaries, stakeholders and all the concerned authorities. 

 

Work Shop on Financial Modeling 

This week’s smile lecture was conducted for 3 consecutive days attended by 80 students on all three days on 26th 27th and 28th of August 2019 by the BAF department of Thakur College of Science and Commerce. The speaker was Mr.Kamaldeep Bansal a student of SY.BAF-D1 he is an eminent speaker and is also pursuing his career in the stock exchange and plans on his own start-up in the coming years. He spoke about Data mining, Financial modeling, corporate finance, Advance excel, and Business Ted. 

PROMOTION OF SWACHHATA MOHUA APP with Western Railways:

The promotion was conducted for 9 consecutive days done by 30 students on all nine days on 21st sept. to to 3rd Oct. of 2019 by the BAF department of Thakur college of science and commerce.  A short skit was prepared by the students of approx 2 min’s. Skit was all about how does app works and how it’s beneficial for us and society. The promotion conducted in college was from 21st sept. to 29th sept. By the last day i.e 249th sept. College was aware about Swachhata MOHUA app. 

Promotion was not only limited to the college but was also done at borivali Station on 28th sept to 1st Oct. As soon as we reached station we thought it’s appropriate to take permission. The station manager ( Mr. Milind.M.Pawar ) gave us permission and was rather very happy later Mr.Milind not only gave us the permission but he also allotted us the main bridge which Connect’s east and west side of borivali for painting. 20 students including students of first year and group leaders of BAF department painted around 12 boards and a station wall which was dirty. The pictures selected for painting were all about cleanliness and saving resources which was indicating how we can save the nature, our locality and our country by keeping it clean and save resources in different way’s. Not only painting but on 2nd October, 2019 a skit was performed by the students of BAF department of Thakur college of science and commerce performed a 2 minutes skit which indicated how we can keep our locality clean and how does an individual can use the swachhata mohua app. Students worked very hard from 12:00am to 7:00 pm to send a message to the society that each citizen must keep his home, locality and society clean. At the end of the day the promotion was very successful and the feedback was taken by the public. 


NATURAL FARMING:

The students of Thakur College of science and commerce initiated this event of natural farming
on 20th October, 2019. The main purpose of the event was to gain knowledge about the importance of natural farming. 10 students from our department had taken part. Students reached college in the early morning and left for the Bhaskar Save Institution which is located in Umergaon,Gujarat. On arrival to the destination, students were mesmerized by the beauty of nature and were also fascinated by the great scenery. The students were then guided by the supervisor of the Bhaskar Save Natural Farming Institution. The supervisor explained in detail about natural farming and also encouraged students to participate. Students were curious and enthusiastic while gaining the knowledge about natural farming. Supervisor explained in detail on how natural farming supports water conservation and water health, helps in building healthy soil, combatting erosion. Natural farming encourages biodiversity and also fights the effects of global warming. Students also got a chance to interact with the locals and share their experience about about natural farming. It was a great and successful event. 

INTERNATIONAL ANTI CORRUPTION DAY:

On 9th December 2019 which is celebrated as International Anti Corruption Day, The BAF department along with Business Communication department took an initiative of conducting a seminar on Corruption to make the students alert and prevent them from going on the same path. The seminar conducted had the following 3 speakers: 

  1. Mr. Darshan Nagarsheth 

  2. Mr. Snehil Dhall 

  3. Mr. Ashok Yadav  



IV TRIP 2020 TYBAF:

 04/01/2020 we visited D.D.B.S Embroidery in Amritsar , it is an embroidery making industry where the machines have been installed in a set of 12 exported from Japan . The woolen cut pieces have been placed on the machine pane on which the design which is digitally printed on the cloth and next process was embroidery getting stitched on the cloth.  On questioning, students came to know that the cost of each machinery were approximately one crore rupees and the profit margin is comparatively more than the cost incurred.  Once the work is done on cloth, the cost incurred on each piece is rs.350 and actually it is been sold in the market for Rs.900.  There were 4 employees for every set of machines. Shortly cutting down the cost incurred for electricity, rent and other necessities the margin of profit is better than other industries shutting down because of losses. 

08/01/2020 we visited Vardhaman Textile, auto dyeing unit, Baddhi, Chandigarh.Vardhman group of companies is a major integrated textile producer in India. The Group has expanded and is largest textile conglomerate in India.There they saw the process of how the fabrics are processed ,dyed , and printed . Process 4 was the final stage were the  finished goods is being  checked , packed and dispatched to the store godown as per the  clients requirement. Factory price is being decided as per the status of client.  


SUMMIT 2020

The BAF department of Thakur College of Science and Commerce conducted Summit on 11th February, 2020. It was a one-day event which focused on the Union Budget of 2020. The summit had two competitions:

  1. Make your Budget 

  2. Dialects [Financial MUN]




LEARN BANKING IN ONE DAY:

Thakur College of science and commerce organized a session named ‘Learn Banking in One Day’ on 6th March, 2020 in seminar hall 1st floor starting from 9:00 am to 2:00 pm.  The speaker was Mr. Divesh Mishra an Ex-HDFC Banker and founder of www.ursamior.in .His saying’s is Knowledge of Banking is almost an essential skill not only for those who aspire to become bankers but also for those who are looking at making a career elsewhere. The session was an interactive.