Gyan Chand Jain Commerce College, Chaibasa Was established in the year 1972
at Gyan Chand Jain aam bagan situated in Chaibasa about 7 acres land is donated by
Late Gyan Chand Jain and Co-Operated by well knowledgeable person of Chaibasa for
smoothly running. The Commerce College become a constituent unit of Ranchi
University on 25 th May 1981. Presently the College is under newly formed Kolhan
Universtiy, Chaibasa. The founder Principal, Prof. Ayodhya Nath Tiwari was dynamic
and well skilled knowledgeable person. He shared his maximum time at College Campus
for all round development of this unique only One faculty Commerce College.