Mar Ivanios College became an Autonomous College in 2014 and the Department of Commerce (Self-Financing) was established in the year 2015. The Department currently offers two First Degree Programmes – B.Com (Finance) and B.Com (Accounts & Audit) with a sanctioned strength of 60 and 50 respectively. From the beginning onwards the department has been offering B.Com (Finance). B.Com (Accounts & Audit) Programme was started in the year 2018.
B.Com (Finance) is a general B.Com Programme which will open up the students with opportunity for higher studies and job opportunities in various commerce related fields.
B.Com (Accounts and Audit) Programme is an innovative programme meant exclusively for students interested in pursuing Chartered Accountancy as a career. The programme was designed and continues to be updated in consultation with various eminent academicians and experts from different fields including finance and commerce. The programme is structured in such a way that the students can appear for CA Foundation examination at the end of the second semester and CA Inter Group-1 and CA Inter Group-2 examinations at the end of the fourth and sixth semesters respectively.
Prof K. K. John was the Head of the Department in the initial period. Currently the Department is headed by Dr. Zajo Joseph, former Head and Associate Professor, St Xavier's College, Thumba, Thiruvananthapuram, and there are 8 faculty members in the department. Dr K. L. Anandavally, former Vice-Principal and Head of the Department of Mathematics, Mar Ivanios College, assists the Principal for the efficient functioning of the department as the Director of the Self- financing programmes.