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In the historic city of Sheikhupura, this institution came into existence in 1968 in a rented building under the name of the Govt. Commercial Training Center. Initially, a one-year certificate course was launched. In 1969, the institute was raised to the status of Govt. Commercial Training Institute and started Diploma in Commerce (D .Com) classes. This series of lessons and teachings continued with the passage of time. In 1984, this institution was housed in a spacious building constructed by the government. The principal and teachers of the institution have been striving for the betterment of the institution. In view of the growing demand and support for e-commerce, these 2024 B.Com classes were formally started and the institution was named Govt. College of Commerce. This series of B.Com classes in the college under the Punjab University continued until 2020 which later changed to two year degree program associate degree in commerce. In 2020, BS-Business administration four year program has been started under semester system and the college status was raised to Govt. Graduate college of commerce.