The Dhaka Commerce College project implementation committee was established in 1986 to create a specialized institution for Business Studies.

Nurul Islam Faruky, Associate Professor in the Department of Management at Dhaka College, the committee also included ABM Abul Quashem, then Education Inspector, as co-convener.

Mojumdar, Lecturer in the Department of Management at Dhaka College, with Mahfuzul Haque Shahin serving as the Member Secretary.

The college officially opened on 1 July 1989, initially operating from King Khaled Institute in Lalmatia, Dhaka.

It then moved to a rented site in Dhanmondi 8/A before relocating to its permanent campus on Bangladesh National Zoo Road, Mirpur, on 22 January 1995.

Today, Dhaka Commerce College offers Business Studies at the higher secondary level, along with undergraduate and postgraduate programs in Management, Accounting, Marketing, Finance & Banking, English, and Economics.