Department of Management Studies
Bachelor of Management Studies (BMS), now called as B.Com.(Management Studies) is a three-year undergraduate program designed to equip students with essential business and management skills. The curriculum focuses on ideation, problem-solving, negotiation, and delegation techniques, preparing students for leadership roles in the corporate world. To provide hands-on experiential learning, the program includes industrial visits, bridging the gap between theoretical knowledge and real-world application.
Department Events:
Parichay 24-25, an Orientation and Freshers Party was organised on 23rd July, 2024 for First Year students of Management Studies. A Talent Hunt was conducted for the First Year students followed by cultural programs by Second & Third Year Students to welcome them.
Ice Breaker - An Ice-breaking session was organised for BMS students on 16 July 2024 in the College Auditorium with an objective to build communication and rapport between all students of the department. The event included several team building games like group dumb charades of management terms, sequencing games to encourage verbal communication and blind teams to promote unity amongst the team members. 85 students of First Year Management Studies participated in the event organised by 60 students of SY & TYBMS
Bull & Bear
Event – Skill & Talent Enhancement Program
Date – 23rd to 24th August, 2024
Participants- 164 students
The Bull and Bear War 2024, an intra-collegiate event on mock Intraday trading, was organised from 26 and 27 August, 2024. The event focused on mock intraday trading, with the primary goal of providing participants with a realistic and immersive experience of the world of trading in financial markets. Participants were trained on 26 August, 2024 on technical market analysis, fundamentals of trading, making technical charts etc to develop their trading skills. All participants referred to market conditions and played along with volatile market conditions. FrontPage (for both Android and iOS) App was used for trading purpose. This experiential learning taught them the importance of fundamental financial analysis of every company and importance of selecting the right trade. The event was attended by 164 learners.
Brandomania
Event – Skill & Talent Enhancement Program
Date – 19th September, 2024
Participants- students
Resource Person - Mr.Raj Karande, Founder- Three Apples Advertising & Investor @TryNooky & Ms.Michelle
On 19thSeptember 2024 an intercollege event, Brandomania was organised by the Department of Management Studies. The event was conducted in 3 rounds where students were tested on their knowledge of different brands, Company logos, Taglines, product positioning and rebranding etc. The main purpose of the event is to unleash their strategy to test their brand knowledge diversely. A total of 220 participants from all over Mumbai participated in the event.
Mr.Raj Karande, Founder- Three Apples Advertising & Investor @TryNooky, also an alumnus of BMS, was invited to judge the event. He interacted with the participants and gave insights on the need to rebrand and create an impact.
Ms.Michelle, a Fashion Stylist also judged the event. She encouraged the participants to pursue their dreams and create a brand about their entrepreneurial project.
Rebranding Online Image, Professional Outlook on LinkedIn Profile
Event – Skill & Talent Enhancement Program
Date – 7th December, 23
Participants –51
Resource Person – Mr.Jay Dattani, Educator, IIDE
On 16th August 2024, the Department of Management Studies, organised an interactive and informative workshop on Rebranding Online Image, Professional Outlook on LinkedIn Profile. The Resource Person, Mr. Jay Dattani, Associate Content Creator & YouTube Manager, IIDE spoke about the importance of having an updated and impactful LinkedIn profile. He explained the seven categories of LinkedIn and guided the students through the process of making an all-star LinkedIn profile which will help them in their job-seeking journey and networking. 96 students gained knowledge from this session.
On 28th November, 2024, an interactive and engaging workshop on ‘Resume Writing Workshop’ was organised aimed to equip students with knowledge and techniques required to create an impactful resume tailored for the competitive job market. The Resource Person, Mr. Jay Dattani, Associate Content Creator & YouTube Manager, IIDE gave a hands-on experience about making a Resume. The Key takeaways from the session included Understanding the components of an effective resume, optimizing the professional summary & skill sections, showcasing all achievements clearly and common mistakes to avoid in a resume. 89 students attended this informative session.
Field Trip to Navneet Industries, Palghar
Date: August 17, 2024
Venue: Navneet Education Limited, Khanivade, Vasai, Dist. Palghar - 401303.
Number of Students: 81
Department of Management Studies (B.M.S.) of Thakur College of Science & Commerce organised a Field Visit to Navneet Education Limited, Khanivade for 81 students. The purpose of the field visit was to impart a practical learning experience for the students as Logistics and Supply Chain Management is a part of their Semester-V curriculum. The students were given complete information about the company and its business process. The students saw the manufacturing, quality check and packaging processes. Escorts from the company took the students to all departments to show them live processes. Along with the practical knowledge with respect to their curriculum, they had a scholastic adventure being a part of this field visit.
The TYBMS students went to Amritsar – Dharamshala – Manali – Chandigarh for their Industrial Visit and trip from 6th February to 15th February, 2025 with 43 students. The objective of the tour was to familiarize students with the real-life scenario of the industry working environment. They visited the Golden Temple, Jalianwala Baugh and Wagah Border in Amritsar. They visited the Sai shawl factory in Kullu and were briefed about manufacturing processes, logistics and supply chain, and marketing methods.
Social Activity of the Dept
The Dept of Management Studies joined hands with Afroze Foundation , to assist them in their Clean Environment Project. Students from First & Second Year BMS initiated ‘A Clean Up Drive & Awareness Program’ at Sanjay Gandhi National Park, Borivali (East) on 1st February, 2024. Every Thursday a team of 40-45 students teach and train the tribals and villagers living inside the National park the importance of segregating the waste as dry and wet waste. Students were also involved in door to door selling of daily groceries to the villagers in plastic free containers for reducing the usage of plastic, thus spreading awareness about ’Plastic free Mumbai”. This is a continuous activity of the department as a part of their Institutional Service to the Society.
Field trip to Govardhan Eco-Village Field trip
The Department of Management Studies had organized a field trip to Govardhan Eco-Village in Palghar, near Mumbai. On 2th February, 2025, 85 students from FYBMS embarked on a visit to the Govardhan Eco-Village, situated near Mumbai, India.
Govardhan Eco-Village, located in Palghar district, Maharashtra, is a holistic eco-community inspired by the principles of sustainable living, spiritual well-being, and environmental conservation. It serves as a model for sustainable development, incorporating elements of eco-friendly infrastructure, organic farming, renewable energy, and spiritual practices. Students visited the Solar energy area, the cow-sheds; learning the Importance of cows and products made from cow-dung. They visited the organic farms, the bio-gas plant and temples which spread peace and calmness.
Hindi Poetry Recitation Competition on theme “DESH BHAKTI” was held for the students by Department of Management Studies (B.M.S) on February 15th, 2025. This event aims to emphasize the significance of the national language while encouraging students to express their thoughts on patriotism through poetry. It serves as a platform to inspire a sense of national pride, unity and cultural appreciation among participants. 25 students participated while the event was attended by 85 students.
An Open Mic Event on Gender Sensitisation was held for the students by Department of Management Studies (B.M.S) on September 25, 2024 in the Media Studio room. The aim of this enlightening Open Mic on Gender Sensitization was to foster awareness and promote dialogue on Gender Equality and Equity. The event provided a platform for students to share their thoughts and ideas on crucial topics like the Social Construction of Gender Roles, Gender Stereotyping, and the Role of Media in Shaping Gender Perception. The focus was to encourage open conversation and reflect on societal norms, pushing for greater inclusivity and understanding. 96 students attended this event.
Quiz Competition on 'Know your Country' –
A Quiz competition on the lines of National Integration was conducted by the Dept of BMS on ‘Know you Country’ on September 25, 2024, with a motive to build strong patriotism and brother-hood among the students. The quiz tested their awareness about the history of the country and their sense of belonging for the country. Students who gave this quiz were awarded Certificate of Appreciation for being a proud Indian. 136 students participated in the quiz and were proud to be an INDIAN.
Students found the quiz quite interesting and very happy to question their aptitude about their country.
A Two-Day Management Fest “APTIPRENEUR 2024-25” was organized on 23rd & 24th January, 2025. This flagship event of the Department was an Inter-Collegiate Fest and saw participation from 12 Colleges across the state. A total of _____students attended the event in various event categories. The event commenced with an inaugural ceremony graced by our Principal, Dr.(Mrs.) C.T.Chakraborty & Vice-Principal, Dr.Nishikant Jha setting the stage for a dynamic exploration of business vistas.
The first challenge, "Digimaze,"- on the lines of management clues based Treasure Hunt had students exploring the streets of Thakur Village in the first round followed by digital treasure hunt in the second round. Participants navigated through clues and tasks, demonstrating quick thinking and teamwork to reach the pinnacle.
APTI-TEST - The star event which is based on the management entrance examinations like CMAT, CAT, SNAP etc. was conducted through a written exam followed by personal interview and IELTS. Mr. Yogendra Chavan, Career Launcher conducted and judged this event. Cash prizes worth more than Rs. 5,000 were awarded to the winners.
"Biz Conclave,"- a business case study competition where the students are given a live corporate problem situation to think, calculate possibilities and derive at a feasible solution where strategic prowess and innovative thinking were put to the test. Participants grappled with hypothetical business scenarios, employing their knowledge and creativity to propose viable solutions.
‘Market Mirage’ provided a realistic stock market simulation experience, challenging participants to analyze price trend graphs and predict future stock movements. Competitors had to identify and justify whether a stock was likely to enter an uptrend, downtrend, or remain sideways, based on given historical price charts. The event promoted an understanding of market behavior, strategic thinking, and risk analysis. Winners were determined by the accuracy of their predictions across multiple rounds, preparing students to apply such strategies in real-world financial contexts.
‘Biz Conclave’ was a case-based strategy event where teams of four participants were presented with a real-world brand problem. Each group was required to devise a practical solution that included an innovative product idea, an effective marketing strategy, and a clear understanding of the target audience. Teams then presented their solution to a judging panel through a 5- minute pitch, which tested their ability to communicate, collaborate, and think critically under time pressure. The event encouraged creative thinking, strategic planning, and marketing insight.
‘Deception Detection’ tested participants’ problem-solving and deduction abilities through an interactive, detective-style game. One representative from each contingent joined a four member group where, through a series of collaborative clue-solving rounds, participants were tasked with identifying an imposter hidden within the team. The event required sharp observation, logical reasoning, and effective teamwork while forbidding the use of mobile devices, ensuring fair play and focus. This event not only tested intelligence but also social intuition and psychological judgment.
Pitch Perfect -
Pitch Perfect was conducted on 24th January, 2025 as an initiative to test students entrepreneurial abilities. This event offered students an opportunity to step into the shoes of a startup founder. Participants were asked to create a business model using a virtual budget of ₹1 Lakh and pitch their idea to an experienced panel of judges. The pitch was required to cover brand identity, market need, financial planning, SWOT analysis, and business viability — all within a strict 4- minute time limit. Formal presentation, confidence, and the ability to handle investor-style questions were key evaluation criteria. The event created a competitive yet encouraging environment for future entrepreneurs. Mr.Prasanth Kamat, COO Career Launcher & Mr. Abhijit Ray, InCharge of Entrepreneurship & Incubation Centre, TCSC judged the event in a format reminiscent of real-life investor pitches.
Student Achievements:
Idenya Borkar, Lakshyaraj Singh Ranawat & Khushi Patodia (SYBMS) won the first Prize of Rs.25,000 in cash at 'National Business case-study competition - Alchemy' hosted by by BSS Foundation on 15th February, 2025.
Dubey Varun, Dixit Tanishka and Ghadi Arin (SYBMS) presented & participated a Research project titled ‘Women Safety: Today and Tomorrow’ in Humanities, Languages and Fine Arts category at UG Level at 19th Aavishkar - Inter-Collegiate Research Convention (Final Round) organised by University of Mumbai at Ghanshyamdas Saraf College of Arts and Commerce, Malad, Mumbai on 17th December, 2024.
Joshi Purav (TYBMS) & Poddar Krishant (SYBMS) presented & participated a Research project titled ‘Nayi Asha: Making Life Safer, Better & Brighter’ Management & Law category at 19th Aavishkar - Maharashtra State Inter-University Research Convention (Final Round) organised by University of Mumbai on.
Anurag Nambiar (SYBMS) achieved Gold in 83kg junior class at Palghar district competition through POWERLIFTING INDIA federation on 12th jan 2025
Piyush Sharma (FYBCom-MS 18827) cleared his CS Foundation in July, 2024.
Muskaan Kapoor (FYBCom-MS-18814) secured 2nd Runner up position in “Brand–O–Pedia” at “Nakshtra 2025” the Inter – Collegiate Fest organized by NL Dalmia College on 18th and 19th January, 2025.
Mannan Golui (FYBCom-MS-18848) successfully completed Certification Courses on “Foundations of Project Management” from Coursera, “Accounting Fundamentals”, “Introduction to Supply Chain Planning and Scheduling” and “Basis of Inventory Management” from TCS ion.
Divya Kumar Dubey (FYBCom-MS-19068) completed 90 Days Internship Program in Real Estate Sales from Snail Consultancy Private Limited Technology.
Diya Goel (FYBCom-MS-19012) completed "Master Your Voice: Public Speaking Made Easy" Course & A Complete Course- Environmental, Social and Governance (ESG) by Udemy.
Harsh Jha (TYBMS) won First position at 2025 March Doon Championship Lightweight Champion, 2024 MMA India Lightweight National Championship and 2024 IHFF Welterweight National Championship
Arnav Borkar (FYBMS) has secured 1st position & Gold medal in Table Tennis at Inter University Games 2024
A total of 176 students have undertaken internship in the domain of Finance and Marketing academic year 2024-2025
Research Publications:
Dr.Rupal Shroff published a Research paper “The Impact of Sensory Marketing on Brand Identity and Shopper Engagement’ in a Scopus Indexed Journal, ‘Educational Administration: Theory and Practice’ 2024, 30(11), 01-06, ISSN: 2148-2403, https://kuev.net/
Dr.Rupal Shroff published a Research paper titled, ‘Impact of Salespeople Emotional Intelligence on Customer Loyalty’ in Scopus Indexed Journal, ‘African Journal of Biomedical Research’, Vol.27(5s) (December 2024); 820-825. https://africanjournalofbiomedicalresearch.com/index.php/AJBR
Dr. Parul Singhal has guided a research Project titled “Women Safety: Today and Tomorrow” in 19th Aavishkar : Inter Collegiate zonal round organised by University of Mumbai at B K Shroff College of Arts and MH College of Commerce on 13th December 2024 for Mumbai III Zone.
Dr Parul Singhal has guided a research Project titled “Women Safety: Today and Tomorrow” in 19th Aavishkar : Inter Collegiate final round organised by University of Mumbai at Ghanshyam Saraf College of Arts and Commerce on 17th December 2024
Dr Parul Singhal presented/ published a research paper on “From Content Marketing to Experience Marketing: A Study on Experiential Marketing Strategies and Customer Engagement” in Journal African Journal of Biomedical Volume, Afr. J. Biomed. Res. Vol. 27(4s) (December 2024); 13478-13487, Scopus with citeScore of 0.5 and Scimago Journal Rank (SJR) of 0.132.
Dr Parul Singhal attended/ submitted a research paper in International Conference on Sustainable Computing & Intelligent Systems (ICSCIS-2025) on March 21-23, 2025 organised by Research and Development Cell, Poornima University, Jaipur.
Vivek Maroti Wankhade presented a research paper on “A study on Impact of Macroeconomic Variables on the Performance of Debt Mutual Fund ” at the 2nd South Asia Pacific Conference held from 4th-5th January 2025.
Dr.Saumya Rai presented a research paper titled “The impact of artificial intelligence on consumer decision making in the electronic products industry” at International conference of universities commerce and Management Teacher’s Association (Gujarat State) & Maharashtra Commerce Teachers Association on 29th and 30th March,2025.
Ms. Venisri Shetty presented/ published a research paper in a One Day Multi- Disciplinary National Level Conference on “Current Developments in Commerce, Management, Science & Education” on the topic “Impact of Job Satisfaction on Organizational Retentions: Mediating Role of Employee Welfare Measures” in International Journal of Advance and Innovative Research, Volume 12, Issue 1(III), ISSN 2394 – 7880 with an Impact factor of 8.12 organized by Ghansyamdas Jalan College of Science, Commerce & Arts on 11th January 2025.
Recognised Patents and Copyrights:
Dr. Parul Singhal & Dr.Saumnya Rai filed a design patent “titled – Smart Dashboard for Marketing and HR Management – 455197 - 001” with the Controller General of Patents, Designs and Trademarks, Ministry of Commerce and Industry, Govt of India.
Ms. Venisri Shetty has filed a design patent “titled – Smart ATM Transaction Monitoring Terminal” with the Controller General of Patents, Designs and Trademarks, Ministry of Commerce and Industry, Govt of India.
Department of Commerce (Management Studies) - Activities & Events in 2023-24
Department of Commerce (Management Studies) - Activities & Events in 2022-23
Department of Commerce (Management Studies) - Activities & Events in 2021-22
Department of Commerce (Management Studies) - Activities & Events in 2020-21
Department of Commerce (Management Studies) - Activities & Events in 2019-20
Department of Commerce (Management Studies) - Activities & Events in 2018-19
Department of Commerce (Management Studies) - Activities & Events in 2017-18
Department of Commerce (Management Studies) - Activities & Events in 2016-17
Department of Commerce (Management Studies) - Activities & Events in 2015-16