College of Commerce
Patna-800020 is a constitute unit of Magadh University, Bodh Gaya (Bihar) duly
recognized by University Grants Commission. New Delhi under 2(F) and 12(B). The
College was established in 1949 by Pt. Indu Sekhar Jha, The Founder Principal
of College, A man of Great vision and the father of Commerce education in
Bihar.
Coming from a small
village called Sabour in Bhagalpur District of Bihar, Pt. Jha was a post graduate
in Commerce from Calcutta University. On the advice of and assistance from the
Late Dr. Rajendra Prasad, The First President of India, Pt. Jha translated his long-cherished
dream of starting Commerce education in Bihar from Chapra College Chapra
(Bihar) as a department of the College. But, not satisfied with this small
beginning, and having a dream of launching an institute on the pattern of
London School of Commerce or Sydenham College of Commerce and Economics,
Bombay. Pt. Jha soon started campaigning, door to door at the same .Time, contacting
some eminent people in Patna like Late Justice Khalil Ahmad, Late Nageshwar Prasad
(Advocate), Late H.B. Chandra, Late Indiraj Bahadur and Lata Babu Shyam Nandan
Sahay to explain his ideas and seek their help to establish a Commerce College
at Patna the Capital of Bihar. His herculean efforts bore fruit, and in 1949,
he successfully launched his cherished institution, College of Commerce, at
P.N. Anglo Sanskrit School Campus, Naya Tola, Patna in rented house. Initially,
only I.Com. Program was started with
hardly a dozen of students and six faculty member. Later on, in 1953, Raja of
Pali graciously donated lands to start the College at the place where it is
today. The College was affiliated to Bihar University, Muzaffarpur a new University
launched in 1952 in Bihar. In 1957, Science education was introduced in the
College on the advice of the Vice-Chancellor of Bihar University Muzaffarpur.
Babu Shyam himself, followed by Arts faculty 1960 and Law in 1963.