On September 11, 1946, five people from the Far Eastern University, namely Francisco Dalupan, Sr., Hermenegildo Reyes, José L. Torres, Jaime Hernández and Santiago de la Cruz established the Philippine College of Commerce and Business Administration (PCCBA).
A business educator himself, Francisco Dalupan establish PCCBA in two rented rooms along Dasmarinas Street, Manila.
The opening of the next classes on the summer if 1947 received an overwhelming twofold number of its original enrollees.
Once again, PCCBA dominated the CPA exams, attracting larger number of enrollees and gaining the 1947 Business School of the Year Award.
In a matter of five years, PCCBA experienced a hundred percent expansion in enrollment, which led to the establishment of its first building.