Studies & Degrees in Commerce
Choose where you would like to study Commerce:AlgeriaAmerican SamoaArgentinaArmeniaAustraliaBelarusBelgiumBoliviaBurundiCanadaChileChinaColombiaEcuadorEgyptFranceGermanyHong KongHungaryIndiaItalyMacaoMaltaMexicoMoroccoNew ZealandNicaraguaPakistanPanamaPortugalPuerto RicoRussiaSamoaSloveniaSouth KoreaSpainSwazilandTanzaniaThailandThe United KingdomThe United StatesVietnamYemenZimbabwe
The dictionary defines commerce as “the exchange or buying and selling of commodities on a large scale involving transportation from place to place.” When it is an interchange of goods or commodities on a large scale between different places of the same country, it is called domestic commerce and foreign commerce when such interchange is between and among different countries of the world. It differs from business in the sense that the latter pertains only to value-creating activities of an individual or organization for profit, or the activities of those engaged in the purchase or sale of commodities or in related financial transactions.
Thomas Gray, an English poet, classical scholar and historian once wrote that “commerce changes the fate and genius of nations.” This underscores the importance of commerce both as a system of exchange of goods and as a program of study. In many schools, a study of commerce nay provide students with the idea of a secure or bright future as it allows them to learn the application of business principles to business practices. A commerce program of study also usually allows students to examine the basic principles involved in a business environment and commerce as a whole. In most institutions of higher learning, the program awards an undergraduate degree to those who successfully complete the course.
The University of San Carlos in Cebu City, Philippines is one such institution that maintains a College of Commerce offering both undergraduate and graduate programs in various fields of concentration such as accountancy, management accounting, business administration, human resource management, executive resource management, and entrepreneurship. The Sauder School of Business in the University of British Columbia in Vancouver, Canada, offers a Bachelor of Commerce and Master of Business Administration programs under its Strategy and Business Economics Division. The courses under the undergraduate program include, among others, Government and Business, Public Sector Management, Directed Studies in Commerce, New Enterprise Development, Strategic Management, Corporate and Industry Analysis, International Business Management, and Topics in Policy Analysis and Public Policy. A 4-year Bachelor of Commerce program in the Carlton University, also in Canada, provides a broad foundation in all the areas of business, and offers an option to finish the program without a major or with a major in any of the areas of accounting, finance, information systems, marketing, supply chain management, managing people and organizations, and international business.
One of the 10 best academic institutions in the United States in the area of entrepreneurship education, which is the DePaul University in Chicago, has a College of Commerce which is considered as the 10th oldest business school in the country, serving individuals and groups seeking the highest quality business education. Its undergraduate program offers courses in accounting, economics, finance, money and banking, among others, while its graduate courses includes financial management, financial accounting, advanced topics in auditing, international finance, portfolio management and many other subject areas, many of which are also offered in other American commerce schools.