D M College of Commerce came into being on 6th August 1996, the Golden Jubilee year of D M College , bifurcating from the ersywhile D M. College of Arts and Commerce. The college is unique in the state- exclusively in imparting Commerce Education upto Degree(Hons.). The college which is affiliated to Manipur University has all the paraphernanalia of modern education and is a co-educational institution.

Besides the different streams of commerce, the college has departments of languages – Manipuri, English and Hindi. It has the necessary infrastructure in terms of physical facilities, academics staff, and professional support non-academic staff.

In the modern society, D.M. College of Commerce is imparting commerce education for many years and along with business knowledge to the students of Manipur and also other states. The college takes part in the extra-curricular and other leadership training programmes. The college has already opened Career oriented educational courses namely- Foreign Trade(add on course) from 2009-2010 session.