The newly enrolled students of masters program in commerce got an opportunity to understand the career prospects and the commitment of the university to prepare them for the emerging prospects. In his inaugural address Dr M R Doreswamy, Chancellor highlighted the importance of faculty, library, laboratory and internship in learning. He announced that scholarship facilities like CNR Rao scholarship and MRD Scholarship will be extended to students of MCom program. He outlined the plan to grant stipend of rupees eight thousand per month to the students in their second year during their internships and industry exposure program. According to him, special attention will be paid to potential teachers among students and training them for National Eligibility Test. He said that emphasis on academic excellence at post-graduate level is a tough challenge and is a focus area under the New Education Policy and PES University endorses the new policy. The chief guest, Dr. Vijay Kumar, Dean Management studies in his address gave statistical information about B Com and M Com programs in the country. He said that corporate sector has projected a requirement of 50,000 commerce graduates this year. Newly enrolled students and faculty members, Prof. M.V. Sathya Narayan, Prof.A.V.Chandrashekar and Dr. C. Narayana Reddy were present on the occasion. The inauguration of M.Com classes of PESU for the academic year 2019-20 was held on September 26, 2019.