Brief History of the College
One of the biggest College in the University of Santo Tomas with an estimated student population of 3,000, the College of Commerce was established in 1933 as a department in the College of Education by the Very Rev. Fr. Silvestre Sancho, O.P. The students were few during that year, but in the following years, the enrolment increased considerably as more Commerce courses were added to the curriculum. The department was raised to the rank of a School of Commerce, with Dr. Stanley Prescott as Director, although it remained attached to the College of Education.
In 1934, the School was elevated into a College, with Dr. Stanley Prescott as the first Dean of the College and Rev. Ciriaco Pedrosa, O.P. as the Regent. Six years later, Rev. Fr. Pedro Mateos, O.P., was appointed Dean and it was during his administration that different fields of specialization were introduced.
The major courses of study, namely Accounting, Management, Marketing, Economics, Banking and Finance were revitalized by the succeeding administrators.
In later years, the majors were limited to Accounting, Business Administration and Economics. Specialized courses in Management, Marketing, Banking and Finance were grouped into one major, Business Administration, to provide the graduates with more flexible and greater job opportunities in different fields of business and industry.
Accounting, as a major of the degree B.S. Commerce was phased out in the Second Semester of 1993 – 1994; in its place, the B.S. Accountancy was offered to better prepare the students for the CPA Licensure Examinations.
For its Achievements in Accounting Education, as shown by the performance of its graduates in the CPA Board Examinations from 1996 – 2000, an Achievement Award was given to the College on November 15, 2000 by the Professional Regulation Commission (PRC). It ranks first among those Colleges/Universities with 100 or more examinees.
The College started to offer, in School Year 1996 – 1997, its new program B.S. Commerce major in Information System Management, in response to the growing information needs of Commerce Industry. However, due to the University’s policy to group all Computer-related programs in one College, this major was transferred to the College of Science in June 1999. The last batch of students with the degree B.S. Commerce major in Information Systems Management graduated in March 2002.
The College offered a new program, B.S.C. in Entrepreneurship in the Academic Year 2004-2005. This is an innovative program which synthesizes evidence-based practice of entrepreneurship with ethics towards social equity.
In the year 2005 the Accountancy Department separated from the College of Commerce forming the UST AMV-College of Accountancy.
This March, 2006 the Philippine Association of College and Universities Committee on Accreditation (PACUCOA) awarded the Level 1 Formal Accredited Status to the College.
About the College
The UST College of Commerce envisions itself as a model business school forming professionals imbued with Thomistic values
We educate students to become excellent and ethical economists, entrepreneurs and business managers who are socially responsible and globally-oriented.
To realize our mission, we are committed to sustain programs of:
- Integration of instruction, research and community service
- Faculty Development
- Linkages with goverment, industry, non-goverment organizations, both local and international
The College of Commerce educates the youth:
- to respect and foster the dignity of the human person in the context of the welfare of society, as a whole;
- to adopt the principle that “quality education is the key to excellence;”
- to adhere to the teaching that “we live in a global community; where countries of different cultures and creeds are interdependent with one another;”
- to cultivate in themselves the teaching that “economic progress is to be organized and merged in such a reasonable and human way so that it will be able to reduce social inequalities;”
- to commit themselves to the empowerment of the majority of the people, so that they will learn to take personal initiative and responsibility in socio-economic affairs;
- to develop both Christian and Filipino values which are necessary for the formation of a righteous conscience.
|Prof. Ma. Socorro P. Calara, Ph.D.||Dean|
|Rev. Fr. Senen R. Ecleo, O.P.||Regent|
|Asst. Prof. Mary Hildence M. Baluyot||Asst. Dean|
|Ms. Maureen H. Gelle||College Secretary|
Office Location: St. Raymond Building University of Santo Tomas Espana, Manila 1083
Phone: (632) 406-1611 Loc. 8272;(632) 7313124
- Bachelor of Science in Business Administration
- Bachelor of Science in Commerce Major in Entrepreneurship