Department of Commerce, University of Delhi

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.