The Faculty of Commerce came into being in 1976 with its two campuses Birla Campus in Srinagar and SRT Campus Badshahithaul, Tehri Garhwal. Since than the faculty has been working effectively with the objective to facilitate and promote quality education for all round development of the students. Besides the graduate and post graduate courses i.e. B.Com, M.Com, PGDBA, PGDCA the faculty also offers certificate course i.e. DASPSM to help students for making professional choices early in life. However, the syllabus of two job oriented programmes namely, Diploma in Entrepreneurship and Master of Finance and Control (MFC) have already been approved by the Board of Studies, Faculty Board and Academic Council. At present in all 58 papers being taught in the faculty under the above courses and the strength of the students in UG classes is about 550 and in PG classes about 100 every year. In Srinagar Campus the department has its own library however, supported by the University Central Library to ensure that the students are provided the best books.
Recently the faculty has restructured its curriculum and incorporated all the current information in the teaching materials. The Computer Lab with Internet facility is available in the faculty for the students/faculties. Seminar and interactive session for the research and PG students are the continuous feature of the faculty to enable their learning capabilities. Class lectures including seminars, workshops, guest lectures by out side experts are the teaching techniques being used in the faculty. The research students are encouraged to participate in the national seminars/conferences to get an exposure in the field of commerce. An internal assessment system has been introduced for the student of Diploma in Advertising, Sales Promotion & Sales Management wherein continuous monitoring of learning ability of students is assessed.
In addition, the faculty has been involved with undertaking basic and applied studies on mountain specific areas like women entrepreneurship, commercial viability and strategy for success of eco-friendly agro based and forest based industries, success and failure of small scale industries, mountain farming, rural marketing, horticulture marketing etc. funded by UGC, ICIMOD, ICSSR, GBPI. For the sustainable development of entrepreneurship in the region, a coordination and networking among the various educational institutions, Government agencies, Non-Government Organisations and Self Help Groups is essential. It is therefore, proposed to established Centre for Entrepreneurship and Small Business Development in the University Campus Srinagar. Keeping in view the possibility of development of entrepreneurship in Uttarakhand State, the Centre could really be a vibrant tool to carry out the sustainable development of entrepreneurship activities in the Himalayan region.