Our History
Government Islamia College of Commerce was established in 1966 as a private institution to offer commerce education at the intermediate level (I.Com). In 1970, it was affiliated with the University of the Punjab and began offering the Bachelor of Commerce (B.Com) degree, becoming a degree-awarding college.
On September 1, 1972, the college was nationalized and placed under the administrative control of the Higher Education Department, Government of the Punjab. In 1976, I.Com classes and related faculty were moved to Government MAO College, Lahore. Later, in 1979, the college was temporarily shifted from Queens Road to part of Government Comprehensive High School on Ghoray Shah Road.
After the construction of a new campus, the college was permanently relocated in 1987 to its current location in Allama Iqbal Town, Lahore, on a 50-kanal land provided by the Punjab Government.The college has consistently performed well in academics and co-curricular activities. In 1971, Mr. Mir Akhtar Ali secured the top position in B.Com Part-I and retained it at the university level. In 1984, Mr. Ijaz Ahmad also achieved first position in B.Com Part-II. In 1989, Mr. Imran Aslam received a Gold Medal in Advanced Accounting from the President of Pakistan at the Punjab University Convocation.
In 1992, the college was granted affiliation by the University of the Punjab to start Master of Commerce (M.Com) classes under the semester system, marking a key academic milestone.
To keep pace with modern education trends, the college launched BBA (BSBA) classes in 2019 under the semester system. In 2023, it introduced the ICS program with two combinations: Statistics and Economics. The college has taken steps to expand its offerings at both the intermediate and graduate levels. At the intermediate level, it introduced new programs like ICS with Physics, I.Com IT, F.A., and F.A. IT; at the graduation level, Associate Degree programs started in Computer Science, Economics, Education, E-Commerce, and English w.e.f 2025.