The Department of Applied Economics and Commerce, Patna University was set up in 1951 for imparting Post Graduate Teaching and Research in Commerce leading to the award of Master of Commerce as well as Ph.D. degree of Patna University. Since then it has been running the P.G. Course and under-taking Research Studies successfully having to its credit over 4000 M.Com.s and over 200 Ph.D.s who are engaged both in service as well as business sectors in and outside the State of Bihar. The success of the Department has been possible due to the support of the U.G.C. and the State Government.