The Economics department got affiliation in 1951 for intermediate course and in the year 1954 - 1960 it was recognized for B.A (Pass) and B.A (Hons) respectively. The founder Prof. Sri Kanti Pathak was its heads from the beginning ,
who was later joined by Prof. Dr. Indu Sen Kumar who was very popular among students, Dr. Indu Sen Kumar was selected for I.A.S and thus he left to serve the country.
The department got a very great scholar Dr.P.N.Verma as a new faculty his skills and hard work led him to the post of Principal-in-charge for twice. Sri R.N.Falhari and Sri Brahm Dev Tiwari join the department in 1970.
The department also got the services fo Prof. Ramanandan Singh from Jamtara College Jamtara, Prof Upendra Singh from Jammui college and Prof. Om Prakash Rai from Madhupur College, who later became the H.O.D
In the year 1984 the department got recognition for PG Course in Economics.