"Pt. Jha soon started campaigning door to door, at the same time, contacting
some eminent people in Patna like Late Justice Khalil Ahmad, Late Nageshwar Prasad
(Advocate) , Late H.B. Chandra , Late Indiraj Bahadur and Late Babu Shyam Nandan
Sahay to explain his ideas and seek their help to establish a Commerce College at
Patna - the capital of Bihar. His herculean efforts bore fruit , and , in 1949 ,
he launched his cherished institution, College of Commerce, at P.N. Anglo Sanskrit
School Campus , Naya Tola , Patna in a rented house . Initially , only I.Com. programme
was started with hardly a dozen of students and six faculty members . Later on,
in 1953, Raja of Pali graciously donated lands to start the college at the place
where it is today. The college was affiliated to Bihar University, Muzaffarpur
a new university launched in 1952 in Bihar. In 1957, Science education was introduced
in the college on the advice of the then Vice-Chancellor of Bihar University, Muzaffarpur
Babu Shyam Nandan Sahay himself, followed by Arts faculty in 1960 and Law in 1963."
The above paragraph has been quoted from an article College of Commerce: The dream
of a Saint by a former faculty member of the college Dr. M. Asdar Hussain in the
college magazine Bimarsh published in May 2002.
The original name of the college College of Commerce, mooted by its founder, is
still retained, though, a sizable section of the people, now, holds that it should
be changed to "College of Science, Arts and Commerce."
Currently, the College is imparting undergraduate and post-graduate education to
students in many subjects of Arts, Science and Commerce with adequate infrastructure
including well furnished laboratories, library and spacious classrooms. P.G. teaching
was initiated in 1984 when Magadh University, Bodh Gaya selected the College as
a Post Graduate Centre.