Established in 1905, Goenka College of Commerce and Business Administration, previously known as Government Commercial Institute, changed its location five times before settling at the present address on B.B. Ganguly Street. The unique thing about this government college is that it teaches only commerce subjects and used to teach commerce even before the University of Calcutta had its commerce stream.
The college, one of the top colleges teaching commerce in the state, offers a three-year honours course in accounting and finance. It also offers a postgraduate degree in commerce since 2003. This co-educational institute has both morning and day sections.
The eligibility for the bachelors course is 65 per cent in aggregate in Plus Two, with 60 per cent in one of the subjects mentioned in the college prospectus. For SC / ST students, a 50 per cent aggregate and 45 per cent in any of the mentioned subjects is required. There are 1, 260 students in bachelors course and 100 in the postgraduate one.
The college has also started offering an MBA degree since 2010.
“During my student days in this college, I wondered why no management course was taught when it is known as Goenka College of Commerce and Business Administration. When I became principal of my Alma Mater, I wanted to introduce an MBA course,” says a visibly happy Debasish Banerjee, principal of the college.
The MBA course is affiliated to Calcutta University and approved by the AICTE. There are 25 seats in each batch. To be eligible to study MBA here, one needs a first class in bachelors and valid CMAT scores. Equal stress is given to group discussion and personal interviews.
The entire admission process for all the courses takes place online. The list of selected candidates too is published online.
“There is no profit motive behind introducing MBA. We have a social objective of making bright but needy students job ready. The monthly tuition fee for MBA students is about Rs 1,500 a month, possibly the cheapest for any college,” stresses Banerjee.
Currently one can do MBA in human resource, finance and marketing. There is a strong placement cell and the college is really choosy about the companies they invite to their campus. Big companies such as Genpact, Mahindra, Nico Ventutre and Xplore-Tech conduct campus interviews here.
“Already 55 per cent of our current MBA batch have been placed,” says Banerjee.
“I am really happy studying MBA here. The faculty is great and I have bagged a job with Somany Realtors. I have gained a lot of practical knowledge during internship,” says Partha Biswas, final-year MBA student specialising in marketing.
Though the placement cell also guides and helps students with bachelors degrees get a job, only 10 per cent of them are interested. “Ninety per cent pursue postgraduation or such professional courses as MBA, chartered accountancy, company secretaryship and others,” says Banerjee.
“In the long run, we plan to introduce MBA courses in the evening for working professionals and also introduce other specialisations such as operations management, retail and resource management,” reveals Banerjee.
The college lacks a playground but has sufficient classrooms with modern facilities such as projectors and even an audio system for postgraduate students. It has excellent teachers — 31 full-time and 12-14 guest faculty. But red-tapism means it may take a little longer to fill the posts.
Another thing the college lacks is a hostel. “There are 10-12 rooms allotted for our students in Eden hostel, but the rest have to make do on their own,” says Banerjee.
The college encourages extracurricular activities. There are different units such as the language cell, nature cell and entrepreneurship development cell. The college has its National Service Scheme (NSS) unit that keeps students engaged in social service. There is also an internal quality assurance cell that monitors different college activities constantly.
According to the requirements of the Kolkata Police, the college recently formed a crisis management planning team to tackle unforeseen disasters within the campus.
WHAT IS IT? A premier commerce and MBA institute in Calcutta
WHO’S THE BOSS?
Debasish Banerjee is the principal
Where is it? 210 Bipin Behari Ganguly Street, Calcutta-700012, Phone: 22412216 Website: www.
Good infrastructure, great faculty, good placements
No hostel facility, small campus