Commerce is the whole system of an economy that constitutes an environment for business. The system includes legal, economic, political, social, cultural, and technological systems that are in operation in any country or internationally. Thus, commerce is a system or an environment that affects the business prospects of economies. It can also be defined as a component of business that includes all activities, functions, and institutions involved in transferring goods from producers to consumers.
The Department of Commerce was started in the year 2019, for offering the three-year B.Com degree course with the motive of inculcating professional ethics and competency in business and management.