The Department of Commerce was established in the year 1981 and was upgraded with a post graduate programme with specialization in Finance in 1995. The Department is an approved research center of Mahatma Gandhi University, Kottayam with five research supervisors and 37 research scholars. The department has undertaken several major and minor research projects funded by U.G.C. The Dept. publishes a double-blind peer reviewed half yearly journal “Commerce Spectrum”annotated in the Journal of Economic Literature (JEL), American Economic Association and Indexed in Institute for Studies in Industrial Development (ISID), ICSSR, New Delhi.