AIMS

Commerce Lab is a facility where learners can access about "applied business." This primarily focuses on hands on experience with commerce and business administration. Financial advisors, consultants, auditors, accountants, and other commerce experts are always in high demand around the world. Students put what they've learned in class into practise here.

Commerce Lab provides subject-specific training. Students are given assignments that require them to meet entrepreneurs, visit corporations, and register bodies, among other things, and to write a brief report about their learning experience. They are responsible for preparing and maintaining the books of accounts and final statements in accounting. Students fill out registration forms and electronically file tax returns. This is how students obtain practical experience and develop their own identities.

Role and Functions of Commerce Lab

To give students a hands-on experience with the method, procedures, and practises used by the organisation in performing commercial practices/businesses, as well as to familiarise them with all forms, formats, and formalities.
To offer students with a practical approach while teaching subjects according to the syllabus by linking them to Lab practicals.
Students' reasoning and analytical ability should be improved.
To create interest in the subject,
To make learners aware of the availability and usefulness of commercial documents in their daily lives.
To provide students with practical knowledge and entrepreneurial skills in order for them to start their own firm or find work in a competitive job market.
Students will be prepared to meet the needs of industry and business.