The faculty of Commerce was started in 1940 as an adjunct to the Department of Economics and attained independent department status soon after. In 1965, the Department of Commerce was accorded status of a faculty.[1]
It is the only faculty in entire Banaras Hindu University which is named after an individual.[citation needed]
2015: Faculty of commerce started offering the degree of M.B.A. in Financial Management, Financial Management (Risk and Insurance) and Master of Foreign Trade.