The Board of Studies in Commerce was first settled in 1926 and B.Com.(Pass) course was first founded in March 1945. An undeniable Commerce Department was built up in 1952-53, M.Com. Degree course was presented in the year 1976-77 and Ph.D. course was started in the year 1975-76. The Department works in International business and Finance, Development Banking, Marketing, Business Finance, Organizational Behavior, International Business and Financial Markets. ESDC (Entrepreneurship-cum-Skill Development Center) has been set up by the Department of Higher Education, Government of Tamil Nadu in July 2012. Further, the Department has been agreed consent by the Department of Higher Education, Government of Tamil Nadu for the up-scaling of the office into a Center for Excellence in the year 2012.