Hailey College of Commerce was established in March 4, 1927. Hailey College is a part of University of the Punjab, offering undergraduate, graduate and post-graduate degree programs. Hailey College of Commerce is the oldest learning seat in the specialization of commerce. It was established at the old campus of the university but in 1980 it was relocated to the new campus of the university. The college serves nearly 4200 students with faculty of 25.