The Department of Commerce, Faculty of Science and Humanities, SRM Institute of Science and Technology, Kattankulathur organized 5th International Conference on Business research on 9th and 10th of October 2018, where the department had received more than 170 research papers out of which 160 papers were selected for proceedings. The conference saw many research papers from India, U.S.A, U.K, Sri Lanka, Ethiopia, Australia, Singapore to name a few. There were 44 UG and PG students, 30 research scholars and 25 academicians presenting the paper. The day had an influential inauguration by the chief guests, where the publications were released in E-proceedings and SRM Business Horizon Journal. Few of the papers were also published in UGC indexed/Scopus journal. The guests were Smt. R.S. Isabella, Executive Director/MD In-Charge, REPCO Bank, Mr. S. Kannan, Commissioner, Central Board of Excise and Customs, Dr. Ankit Katrodia, University of KwaZulu Natal-Durban, South Africa and Mr. K. Ravi, Deputy General Manager, RBI, Chennai.
Smt. R.S. Isabella highlighted the importance of the banking sector in India. She explained the growth of the Indian economy through the banking sector and how it's different from other countries. For instance, countries like US and UK have private sectors contributing to their economy.
Mr. S. Kannan spoke about the advantages of GST reforms and also about the importance of knowing the fundamental concepts.
Dr. Ankit Katrodia reiterated about the business cycle and how important it is to research on consumer behavior before launching a product and how crucial an idea could be to earn money.
Mr. K. Ravi briefed on the effect of demonetisation and how RBI is working on reducing the cost of printing new notes. He also stated the importance of investment decisions.
After the inauguration, the conference went forward with the technical sessions.