The college started functioning on 3rd July 1967. The seed of commerce was sown in the college in the year 1967 itself. Mr .V.Haris M.com was the only faculty member in the department. The first batch of pre degree commerce presented for university examination in 1969 achieved a pass percentage of 47.
In 1971 the college was upgraded as a degree college and the B.com degree course was started in the same year. Sri.P.P.Ummer Koya (Former Minister for education Kerala.) inaugurated the degree course on 1-12-1971. The first batch of B.com appeared for the University Examination in 1974 and the pass percentage was 23.
The college was up graded as a post graduate college by the introduction of M.com in 1978 with six students. The first batch of M.com appeared for the University examination in 1980 and secured 100% result with 1st rank.
Mission • Preparing students for the complex world where they will have to take a position, express opinion, shape it and lead to make it a better place.
• Aims to develop leaders of enterprises to make a difference to their organizations and to the world around them.
• Connect proactively with the business worlds of practice and policy, with academic work nationally and globally.
• Building responsive and powerful community of alumni in India and abroad to engage meaningfully with the institution.
Vision Commerce as a subject of study was introduced in this college with the aim of developing entrepreneurial qualities among the youth of this locality. It will help them to be self reliant and confident. Trained graduates are an asset to trade, commerce and industry. To supply professionally trained graduates is the need of the hour and boost the socio-economic development of the nation is the mission of this department. The department give emphasize to the moral and personality development of our students.