Founded in 1941, Marwari College Bhagalpur is the First Commerce teaching institute of Bihar, after Kolkata in Eastern India and undeniably one of the most prestigious constituent college of Tilka Manjhi Bhagalpur University.

Today College is maintaining its march of excellence way ahead of other institutions of the University with over 21 departments of all the three faculties i.e. Commerce, Science and Arts and a strong family above 6000 students including technical courses/programmes and other courses of similar nature.

The Commerce faculty of Marwari College became a by-word of excellence in the field of Commerce throughout India. But the quality teaching in other faculties was equally well recognized and appreciated all over the nation. The college has the distinction to be guided by many learned persons in different capacities.

Shri Rai Bahadur Bansidhar Dhandhania as Founder Secretary of Marwari College with the above idea and love for education persuaded Marwari Pathshala Samiti in 1941 to raise the Marwari Pathshala from a high school to a college, teaching up to the Intermediate Examination in Commerce under Patna University. The College section was separated from the school section and named Marwari College.

The college sat first in Vijay Bhawan near the Goshala. Many foretold disastrous failures of Rai Bahadur’s experiment, particularly when only three students took admission before 1st September, 1941, the day on which the institution was to start functioning. Undaunted by such gloomy prospectus, Rai Bahadur opened the first year class on the scheduled date. Shri Bholanath Mukherjee took the charge as founder Principal of the college. Shri Sukdeo Jha was made the Head Clerk of the college. On the very first day 13 more students joined the college and by passage of time numerical strength in session 1941-42 rose to 36. In 1944, B.Com degree standard classes were started in the college. This step made the college a roaring success.

Later on the classes were conducted in Marwari Pathashala building. The number of students increased to 171 in 1944-45, 459 in 1946-47, 543 in 1948-49, 696 in 1953-54. Encouraged by its success, the University of Bihar suggested that from 1954-55 the College should impart instruction up to the I.A. Standard. I.A. Classes were opened, and in 1955-56 the numerical strength became 1300, thus making the institution one of the largest college affiliated to Bihar University.

In 1950 Bhagalpur Municipality gifted the plot of land where the college is located now. It was the erstwhile Company Bagh & a part of it had been in use as a trenching ground. Rai Bahadur obtained this land of 20 bighas on 99 years lease.

The building that at present is the Administrative Block of the college was the first to be built .

Upto 31.03.1970 the college was run by its Governing Body of which the D.M. was the ex-officio President, Banshidharji was the Secretary form 1941 to his death. His successor was Hari Prasadji Dhandhania, who quit his post on & from 01-04-1970, when the college became a constituent unit of the Bhagalpur University.

The Handing over-Taking over ‘Ceremony’ took place in the college Common Room. Hari Prasadji signed the document on behalf of the Governing Body, while the University was represented by the late Amrendra Narayan Agrawal, the then Registrar. The Principal, then, was Dr. Sukumar Roy Choudhary and Prof. Ram Chandra Choudhary recited vedic Mantras.

And from the day of its inception in 1941 till today Marwari College is a premier institution of T.M. Bhagalpur University with a complete saga of undaunted success, excellence and development in the field of education and in all round activities.

U.G.C Recognition of this college:
1. UNDER 2(f) – 1960
2. UNDER 12(b) – 1973
NAAC ACCREDITION of this college : ‘A’ Grade, May 01, 2015
A big library building, departmental block, students’ Common Room, open air auditorium for games & sports were constructed from the University. The library of the college has more than 60,000 books and journals. There are many societies and academic associations functioning, almost in the entire department.

Establishment Years of Faculties:
4. Commerce – 1941
5. Arts – 1955
6. Science – 1965
Marwari College is one of the oldest study centre of IGNOU in Bihar.
1. Study Centre: 0505
2. Altogether 75 Subjects are affiliated

The College imparts teaching in almost all the popular subjects in the faculty of Commerce, Art, Science and Distance learning courses of UG and PG. Vocational and Self-financing courses like B.C.A., Biotechnology, B.B.A, and B.Sc-I.T are also running. Extracurricular activities like games, sports, fine arts, music and drama are the part of curriculum and regular features. NCC, NSS and extension Services are the integral part of college-life.
The college for the upliftment of academically poor students conducts remedial courses. Prescribed dress code for boys and girls is in vogue. Much emphasis is laid on laboratory work, field trip and excursion, social services through various activities and programmes like literacy campaign, blood donation, child immunization Programmes, AIDS awareness, health checkup, eye camp, communal harmony and all round development of the personality of students.