Shri Ram College of Commerce or SRCC is an Indian higher education institution in the fields of commerce, economics and business management.[1] A constituent college of the University of Delhi,[2] it was founded in 1926 by philanthropist and industrialist Sir Shri Ram.[3]
The origin of the college is traced to 1920 when on the day of Basant Panchmi, seven leading businessmen headed by Sir Shri Ram established the Commercial Education Trust in Delhi. The Trust set up its first school in the same year under the name 'The Commercial School' at Charkhewalan in Delhi where it introduced a Post-Matriculation Diploma Programme in Commerce under the supervision of Mr. R. K. Kumar, who later became the first Principal of the Commercial College. The inauguration of the Commercial College paved the entry of commerce education in the University system of Delhi.[3]
The first batch of students of the Commercial College was enrolled on the first floor of a 'Hall' opposite the St. James' Church at Kashmere Gate. The classes began with twelve students and four faculty members from a hired bungalow at 8, Darya Ganj, New Delhi.[4]
In 1926, the Commercial College got affiliated to the University of Delhi. Six years later, it was upgraded to the status of a Degree College and started awarding its graduates the B. A. (Pass) (Commerce Group) Degree of the University.
The College launched its annual magazine "Yamuna" in January 1928.
The B. A. (Honours) (Commerce Group) Degree was introduced in 1943. M. A. (Economics) course followed by the introduction of Master's degree in Commerce were introduced in 1948. In 1949, when B.Com. (Honours) was instituted in the University of Delhi, the College also started offering the same.
In 1951, on the occasion of its Silver Jubilee, the Commercial College decided to specialize in the field of commerce and economics and hence rechristened itself as Shri Ram College of Commerce (SRCC) in recognition of the contribution made by its founder Sir Shri Ram. Three years later, in 1954, the College shifted completely to its present day campus in the North Campus, University of Delhi.
In 1957 when the College converted to a coeducational institution.
Finally, the B. A. (Honours) Economics course was introduced later in 1958. The inclusion of B. A. (Hons.) Economics rounded the academic number of the courses offered by Shri Ram College of Commerce at undergraduate level.
The 1960s was a period of infrastructural expansion for Shri Ram College of Commerce. In 1963-64, the Students’ Centre (now renamed as Shridhar Shriram Auditorium[5]), Tutorial Blocks and the Girls’ Hostel Blocks were constructed. In the same year, the Swimming pool and the gymnasium were built under a Shramdaan Movement by the students. This made Shri Ram College of Commerce the first college in the University of Delhi to have a swimming pool. In 1967, the iconic bust of Sir Shri Ram was installed in the front lawns facing the College.
In the year 1968, SRCC launched "Business Analyst", its research journal dedicated to active dissemination and promotion of original and contemporary research in the area of business, management, economics, finance and governance.
The Girls Hostel was constructed in 1985, making Shri Ram College of Commerce the first amongst all co-educational colleges of the University of Delhi to have its own residential unit for its female students.
The Placement Cell, Shri Ram College of Commerce was established in 1996. In 1999, SRCC introduced its Post Graduate Diploma in Global Business Operations (PGDGBO), a unique[citation needed] self-financed PG Diploma course. The launch of PGDGBO rounded the total number of academic courses offered at Shri Ram College of Commerce since its inception.
Governance
Shri Ram College of Commerce is governed by a Governing Body duly constituted under Ordinance XVIII of the DU Act, 1922.[6] At present, the SRCC Governing Body is constituted as:[7]
Admissions to all Undergraduate (UG) Programs in Shri Ram College of Commerce are based on the scores obtained in CUET-UG (Common University Entrance Test, Undergraduate).[9]
Shri Ram College of Commerce has the following nine departments:
Department of Commerce
Department of Computer Science
Department of Economics
Department of Environmental Science
Department of English
Department of Hindi
Department of Mathematics
Department of Physical Science and Sports
Department of Political Science
Accreditation and ranking
Shri Ram College of Commerce was accredited "A+" by National Assessment and Accreditation Council(NAAC) in 2016 with a CGPA of 3.65[10] in its first cycle of Assessment and Accreditation. This was then the highest score received by any college of the University of Delhi in 2016[11] with SRCC emerging the best college.[12] It was graded "A++" with a score of 3.75 by NAAC in the second cycle of assessment and accreditation in 2023.[1]
Shri Ram College of Commerce was ranked the Number One Commerce College in India by India Today in 2023.[13] It was also ranked as the Best College in Commerce in 2023 by Open Magazine.[14] Outlook ICARE also ranked SRCC as the Best Commerce College in India at Rank 1 in the Outlook ICare Rankings 2023.[15]
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