In December 1967, the Department of Commerce was set up as a separate department by carving it out of the composite Department of Economics and Commerce, Delhi School of Economics. This was done in order to cope with the rapid expansion and the growing importance of business education in the country. DSE was established in 1949 at the initiative of Prof. V.K.R.V.Rao, as an institution for advanced studies and research in Economics, with the Department of Economics (and Commerce) as its nucleus. A decade later, three other Social Science departments viz Sociology, Geography and Business management were added.

Department of Commerce has been a part of the cluster of four social science departments collectively known as the Delhi School of Economics (DSE). The saga Department of Commerce, is filled with stories of institutional pride essentially rooted in the autonomy it was granted for enrolling its own students for post graduate programmes in the University. To provide specialized training in the field of finance the Department of Financial Studies was carved out of the Department of Commerce in 1987 and the two moved together out of the Faculty of Social Sciences to become Faculty of Commerce and Business which is the youngest faculty of the University. Department of Financial Studies is located at South Campus or the Universities.

The conjunction of synonyms signifies striving for the new (Business) without discarding the old (Commerce). At the post graduate level, the new is represented by Master of Finance and Control (MFC), Master of Human Resource and Organizational Development (MHROD), Master of International Business (MIB) and its precursor, Post-Graduate Diploma in International Marketing (PGDIM).

                                            Department of Commerce, University of Delhi,
                                Delhi-110007
                             Phone: +91-11-27667725, 27667891