FINAL YEAR STUDENTS OF B.COM ARE REQUIRED TO UNDERGO INTENRSHIP.
FINAL YEAR STUDENT OF M.COM ARE REQUIRED TO DO INDUSTRIAL PROJECT.
• Dr. Francis Jose took over as H.O.D, Commerce from June 2010. He takes charge consequent to the retirement of Dr. B. Joseph Jayaraj.
• Three staff members Dr. Francis Jose, Dr. T. Joseph, and Dr. A. Marcus received recognition from the University of Madras as Ph.D. guides from October 2010 onwards.
• The Department organised an International Conference on the theme,“Youth, Entrepreneurship, Sustainable Development, & Brand India” held at Loyola College on 25th & 26th January, 2010, under the Chairmanship of Dr. Francis Jose and Dr. A. Marcus as the convener. Out of 150 plus papers, 90 were selected and asked to present. The best papers were selected and awarded cash prizes.
• During the academic year, one Doctorate was produced by the department with Prof. Xavier Mahimairaj, successfully defending their theses under the supervision and guidance of Dr. S. P. Thiruthuva Doss.
• A. Xavier Mahimairaj completed a UGC minor Research Project titled, ‘A study on SHGs and impact on women empowerment in Chennai', 2008-2010. The study was conducted over 2years – with a project cost of Rs.51,500/-
• Publication of Conference Proceedings titled “Corporate Governance”, edited by Dr. Joseph Jayaraj and Dr. (Fr.) F. Andrew is to be released in March 2011.
• Two books were published by the Dept. staff this year a) Dr. A. Marcus and Dr. John Gabriel, Financial Accounting by Tata McGraw Hill education Pvt. Ltd. June 2010; b) L. Solomon Raj & Dr. Arokiya Samy, Management Accounting , Vijay Nicole imprints Ltd, 12-01-2011; Dr. T. Joseph Corporate Accounting–Vol–II, TATA McGraw Hill, Delhi, 2011
• Three papers were published in National Journals/ conference proceedings; six papers presented in International and National Conferences; eleven workshops attended; and three conferences conducted during the year, were the academic contributions by the staff**
• Faculty members of the department served as members in several committees for the two conferences held by the Commerce Dept. including the National Conference on “Consumer Protection” held in December, 2010, organised by Commerce Department (Shift II), Loyola College.
• As part of the Loyola Alumni Get-together organized in August 2010, the department hosted an exhibition cum discussion meet with over 200 alumni representing batches from the 1950's meeting together in a reminisces session.
• The department organized a first ever ‘recruitment day' with three companies representing. One company, TVS, attracted nearly 55 applications from the 3rd B.Com and about 10 M.Com students for Sales jobs alone.
• The annual AGSR memorial lecture is scheduled to be held on 9th March 2011.
The inauguration of the Commerce association (Shift-I) was held on the 23rd July 2010 in the Lawrence Sundaram Hall. The Chief Guest of the function was Dr. Gurusamy, the H.O.D of Commerce, Madras University.
• The Academic year 2010 – 2011 has turned up to be a successful year for the Commerce Association and the Department of Commerce as well. The association and department jointly organised a number of events that included both cultural and academic aspects. It came across several nostalgic moments that are enlisted in the report below.
• The department is proud to receive four students from, Ingolstadt School of Management, Germany under Student Exchange Programme. They took up courses in both the UG & PG programs of the Department.
• The year began with the inauguration of the Commerce Association, with Dr. Gurusamy, the H.O.D. of commerce, Madras University as the Guest of Honour. The Secretary and Joint Secretary were elected democratically and the team were as follows. The President of the Association was Prof. Sushama Rajan. The association members are as follows: J. Sanio Thomsun Secretary; Manoah Marcus Joint secretary; Ankit Katrela Administrative Secretary; N.M.Kannan & John Antony Jose Academic Secretary; Steffan Ajay & Preetham Leander Sports Secretary; Ranjith Kumar & E. Karthick Cultural Secretary; Finance Secretary: Maria George.
a) Academic
The department held a function to award the students who secured first mark in the first internals of odd semester. This turned out to a great encouragement to the students which motivated them to improve their performance in academics.
• A Book Bank project was started to help the needy students and nearly 75+ students were benefitted this year.
• The B.Com 2nd Year students donated money to construct a primary school in Chetpet.
• The First Year M.Com students went to a Village near Kanchipuram and helped the students to study by conducting various educational related programmes.
• The EDC Cell – a Brainchild of the Commerce Dept did its part again by promoting young Entrepreneurial minds.
b) Extra-Curricular
This year the Department finished 4th in the points tally, in the inter departmental fest, OVATIONS”10. Our Dept Ad zap team won the first place in Ovations '10.
Alumini Meeting :.The department and the association jointly organised the Alumini meeting where the various achievements were displayed and a short documentary was screened. The Alumini were provided with chat rooms and were also asked to cite their college memories. A 60 foot banner containing the group photos of various out going batches was displayed.
EMINENCE '10, a national level inter-collegiate business fest was held on 11th December 2010. Students not only from different city colleges but also from Bangalore and Salem took part in the fest. The invites, banners and certificates were designed by the Purisque, the designing partner. Two new events namely Dream Syllabus and Photocept was introduced in Eminence'10. The fest attracted large number of participants through its meticulous follow through which facilitated the success of it. An individual who won maximum number of events was awarded Star of Eminence title and winners of each event were given cash prizes at the valedictory.
Festival Celebration: The Department celebrated Christmas and Pongal in a traditional manner. The Post graduate students contributed to a larger extent for this celebration.
Intercollegiate Participation: The students and the department had a great year participating and winning in different inter-collegiate fests. Colleges in which our students won prizes are:
• Idara'10- Ethiraj college- 1st place
• Vaish comfest - SDNB Vaishnav College for women - 1st place
• Aqullae'10 - Stella Maris - 2nd place
• Festive'11 - WCC - 3rd place
• SrishtI - Ethiraj college - 2nd place
c) Sports Achievements
1. The Commerce department won the overall winners in the Sports and Games category in Loyola College for the year 2010-11.
2. Secured the first place in the March Past on the Sports Day of the College.
3. Achievements in Games and Sports:
We were winners in the following events:
? Cricket
? Volleyball
? Carrom board
We were runners in the following events:
1. Ball badminton
2. Basketball (2nd division)
We won prizes in the following athletics events:
- 200 mtrs - 2nd prize
- High jump (1st division) - 2nd prize
- Triple jump - 3rd prize
- Shot put - 3rd prize
- 4 x 100 relay - 3rd prize
- 4 x 400 relay - 3rd prize
Condolence
1. The department lost one of its family members (Mercy Irudayamary) of IInd yr M.Com.
Sl. No. ; Staff details ; Publications in National Journals (Accepted for publication during the period, June to May Only)
1. Dr.Francis Jose
(2010), “Innovation& the Consumer Orientation Construct in Medicine: An Opportunity Recognition Process”, Annual Global Conference on Entrepreneurship & Technology Innovation , IIT, Kanpur.
2. Dr.Marcus
“Satisfaction towards inception of information technology in the public sector banks before automation & after automation – Sankhya – Vol.2, Issue 1 , June 2010.
3. Prof. J.J.Soundarrajan
“ FDI in Indian Retailing: An Overview” , published in the book titled Impact of FDI on Indian Economy of Excel Books, New Delhi; 2010; ISBN: 978-81-7446-843-7
Sl. No. ; Staff details ; Details of Papers Presented
1. Abha Rishi & Dr.Francis Jose
"Perspectives on Nation Branding- The Extent to Which Country Image Affects Consumer Behaviour in the Purchase Price Of Automobiles", Second International Conference of IIFTR , held on 13-14 Feb.
2. Dr. T. Joseph & Dr. Arokiaswamy
Corporate governance in fiunancial institution – Labour welfare measures & social inclusion, WC College, Chennai, 7th & 8th Oct 2010.
3. Dr. T. Joseph & Dr. Arokiaswamy
Loyola college & industrial interaction (A case study) St. Joseph's College of Commerce, Bangalore, 12th & 17th 2010
4. Dr. T. Joseph & Mr. Arun Balakrishnan (M.Phil student),
Role of technology in Education, Loyola College, Chennai-34, 25th & 26th Feb. 2011.
5. Prof. J.J.Soundarajan
Presented a paper titled “ FDI in Indian Retailing: An Overview” , in the National conference on The Impact of FDI on Indian Economy, conducted by the Department of Commerce (Shift-II) of Loyola College, Chennai during the month of February 2010
6. Prof.Josephine Sangitha
‘Avarice, consumerism and family'- A paper presented in an international conference, organized by Loyola College, AIESSC & Sathya Nilayam Research Institute (SNRI), August 20th – 24th, 2010.
Sl. No. ; Staff details ; Details of Seminars / Conferences Attended
1. Dr.Francis Jose
March 8-12, 2010 Workshop for Senior Faculty Members on Research- UGC-Academic Staff College, University of Madras, Chennai
2. Fr. F. Andrew SJ
January 6-7, 2010, International Conference on Making Corporate Governance Work, by Loyola College, Chennai
3. Fr. F. Andrew SJ
January 27-29, 2011, International Conference on Micro Finance, Conducted by Pondicherry University.
4. Prof. L. Solomon Raj
Corporate Governance at work, Dept of commerce, Loyola College, Chennai, International conference, 6th & 7th Jan 2010.
5. Prof. L. Solomon Raj
Statistical tools & Techniques for researchers, Dept of Commerce, University of Madras, Work shop on National. 17th & 18th Dec. 2010.
6. Prof. P. Sushma Rajan
National conference on customer protection. Loyola College, Chennai, 15th & 16th Dec 2010.
7. Prof. K. C. MINI
WORKSHOP ON STOCK EXCHANGE OPERATIONS, ONLINE TRADING AND THE INVESTOR, SHRI SHANKARLAL SUNDARBAI SHASUN JAIN COLLEGE FOR WOMEN, CHENNAI, 5th & 6th MARCH 2010
8. Prof. K. C. MINI
MAKING CORPORATE GOVERNANCE WORK – TOWARDS REFORMING THE WAYS WE GOVERN, LOYOLA COLLEGE, CHENNAI, INTERNATIONAL CONFERENCE, 6th & 7th JAN 2010
9. Prof .K. C. MINI
THE IMPACT OF FOREIGN DIRECT INVESTMENT ON INDIAN ECONOMY, LOYOLA COLLEGE, CHENNAI, NATIONAL CONFERENCE, 10th & 11th FEB 2010
10. Prof. K. C. MINI
FINANCIAL DERIVATIVES(THRUST AREA: COMMODITY & EQUITY DERIVATIVES), PONDICHERRY UNIVERSITY, PONDICHERRY, 17th TO 19th 2010
11. Prof. K. C. MINI
WORKSHOP ON CONVERGENCE OF INDIAN ACCOUNTING STANDARDS WITH IFRS, UNIVERSITY OF MADRAS, CHENNAI,19th & 20th JAN. 2011
Sl. No. ; Staff details (convener) ; Details of Seminars / Conferences Conducted
1. Dr. A. Marcus
Conference Convener, March 25-26th 2011, International Conference on ‘Youth, Entrepreneurship, Challenges, Inclusive Development and Brand India', in Loyola College, Chennai
2 Fr. F. Andrew SJ
Conference Convener : January 6-7, 2010, International Conference on Making Corporate Governance Work, in Loyola College, Chennai
3. Prof. J. J. Soundarajan
In the capacity of Conference Director, conducted a national conference titled “Impact of FDI on Indian Economy ” during the month of Feb, 2010 in Loyola College, Chennai.
The Dept. of Commerce meets with Dr. Karen Koza of WCSU, USA in relation to the research collaboration with the Business school of Western Connecticut State University (WCSU) USA, for preliminary projects in the fields of marketing strategy, brand management and supply chain management.
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Chairman,
H.C Kothari Group Of Companies,
115, Mahatma Gandhi Salai,
Chennai- 34.
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Mr. B. H. Kothari,
President,
Loyola Alumni Association.
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I fondly remember and deeply cherish the days in Loyola, which is an invaluable part of me and left an indelible impression on me.
After a lot of consideration the management has decided to initiate steps to set up a separate building for the school of business studies. The Commerce dept of Loyola College has retained its ranking as one of the top 3 colleges in the country. The Commerce degree is a foundation for pursing professional careers in Accountancy, Finance, Management, Marketing, Services, Insurance, HR, International Business, etc.
The commerce students are in search for separate identity and hence appropriate infrastructure must be available by way of Class rooms, Departmental Library, Conference Halls, and Audio Visual Centres. We will soon be moving in to Loyola School of Business Studies.