MES Asmabi College was started in the year 1968 at P Vemballur, a backward coastal region in SN Puram Panchayat, Kodungallur Taluk of Thrissur District as a Junior College and initially offered Pre –degree in arts, science and mathematics groups. The College was upgraded as a Senior College in the year 1977-78 by starting B. Com with Costing as elective subject (Order No: GA/D2 11120/76 of Calicut University dated 4th August 1977), realizing the scope of commerce education. When Costing became a compulsory subject as per the Calicut University syllabus, Hotel Management and Tourism was elected as elective subjects. By recognizing the significance of co-operative movement and employment opportunities in this field, this elective paper changed to Cooperation from the academic year 2000-01 onwards that helps to avoid HDC course to get employment in co-operative societies. Commerce department was upgraded as PG Department of Commerce by starting M. Com Finance programme in the year 1984. The first UG and PG programme introduced in the college was from the Research Department of Commerce. From 1998-99 to 2000-01, Department offered Vocational Course in Tax Procedure and Practice to 30 students out of the total strength of 60 under the guidance and financial assistance from University Grants Commission. In the year 2005-06, self-financing program was started in the department with B. Com Computer Application. In 2013-14 B. Com finance and BBA were started in the self-financing stream. M.Com Marketing was also started in the 2014-15 as self-financing stream. In 2019, the PG Department of Commerce was upgraded as RESEARCH DEPARTMENT OF COMMERCE. It creates a stimulating environment for the academic growth of its students. The faculty members are expertise in commerce and management studies and impart practical knowledge on the subjects. Talks, paper & computer presentations, field trips are organised regularly to enhance the skills of the students.