The Govt College of Commerce &Mnagement Sciences is the only and pioneer institute in field of commerce in District Lakki Marwat This college was established in 1997 as Govt Commercial Training Institute(GCTI), offering Intel-level cource in Commerce(D.Com). Professor Hafoz Muhammad Tahir was its first Principal.
In 2002, Institute was upgraded to degree/bachelor level by the efforts of pioneer Principal. by upgraditionit became College of Commerce.(GCC)
In 2006, collge was expanded to management sciences courses and it became Govt: College of Management Sciences. The college started M.Com Progran in larger interest of poor students of the area on approval of DG commerce education and Management Sciences Peshawar.