R.A. Podar College of Commerce & Economics, Mumbai has had a long history which commences with freedom struggle of India. The visionaries of that time realized that they should start an institution which would inculcate the indigenous values and have the thrust of social and cultural value system that are typical to the grand heritage of country. In August 1940, the trust known as 'Shikshana Prasaraka Mandali', Pune made an application to the Bombay University for permission to start a Commerce College.
The objectives in regard to Commerce education have been to extend popular and reasonably affordable higher education in Maharashtra and to develop an institution that would impart appropriate education both in Commerce and Economics. The institution first started the B. Com. Degree course in 1942 and the word Economics was added to the name of College.
The Institute now became ‘Ramniranjan Anandilal Podar College of Commerce and Economics’. The College received permanent affiliation from the University of Mumbai on 17 th August, 1950.
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