The Shri I.V.Patel College of Commerce was the dream of our Donor Late Shri. Ishvarbhai Vitthalbhai Patel to establish a college of commerce faculty specially for the students of Nadiad and its neighborhood. The dream came true when his sons shri Sagunbhai, Shri Jasdhbhai and Shri Madhukantbhai donated Rs. 2.25 lacs and with the financial help of C J Patel company, IPCO family and the UGC grant this institution was established in 1960.
Shri I. V. Patel college of Commerce is affiliated to Gujarat University , Ahmedabad. It was recognized by UGC on 15/07/1985 under section 2(f) & section 12(b).
There were just 128 students in the pioneer batch of this college and when today we are celebrating 50 years as a full-fledge commerce college, At present 1544 students study in the college under 12 well-qualified teaching faculty who is determine to equip the students in every manner so that they can face the changing times. Late Shri S. R. Mehta was the first Principal of the institution who steered the college very efficiently for 25 years (1960-1985). Shri R. L. Dudhwala was the next Principal for another 11 years (1985-1996). Mr. M. P. Rathod has chaired the instutution for 13 years (1996 - 2009). From 2010 onwards, the institution is commendably progressing under the authority of Shri V. M. Vanar (Principal). It is worth mentioning that the institution has provided 10 Principals to different collge of Gujarat University . To name a few Shri B. M. Thaker, Shri R. A. Trivedi, Shri K. Y. Bakshi, Shri R. H. Vyas, Shri G. H. Shah, Shri Harish Patel, Shri Dhirubhai Velvan etc. In 1967 the institution secured the position as an approved center for PG course. In 1968 the pioneers and the then successors obtained approval to start Banking & Finance as a Principal subject at UG level. In 1986 to develop technological competence in the students so that they may take a right kind of take-off for greener pastures, 2 (two) subsidiary subjects (Computer Science and Adv. Statistics) were introduced at F.Y./S.Y.B.Com. level.In 2004 an Add-On “ Spoken English “ certificate course was introduced to place our aspiring students at par with their counter parts at home and abroad.
2004-2006 to take stock of the performance of Shri I.V. Patel college of Commerce, the students of ‘ Banking & Finance ‘ have showered fame for three consecutive years by bagging the ‘ Gold Medal ‘ at the University level.
2006 onwards “ Tally Software training programme” is arranged to train our students so as to meet the requirement of the times.
2008 - NAAC - The college obtained NAAC Accreditation certificate in march 2008. The college also sent its Annual Quality Assrance Report (AQAR) for the year 2008-09 and 2009-10.
As per the norms prescribed by the UGC and GUJ. UNI., the college has introduced choice based semester system at PG Level from the year 2010-11.