The College of Business (COB) is one of eight undergraduate and graduate schools of De La Salle University . It was established in 1920 as the College of Commerce, when the University began offering a two-year commercial course. In 1931, the Bachelor of Science in Commerce degree was first conferred after a third year was added to the initial two-year program. In 1957, the College underwent its formal first survey by the Philippine Accrediting Association of Schools, Colleges, and Universities. Now known as the College of Business and Economics, it is home to two academic departments, which have been recognized by the Commission on Higher Education as Centers of Development, Business Management and Economics. In AY 2010-2011, the College of Business and Economics has formally separated into two entities: The College of Business (COB) and the School of Economics (SOE). College of Business focuses on attracting aspiring students who would later become business professionals, future professors or faculty who would like to share or contribute his or her knowledge by helping other aspiring students in formation of being a business professional.