The Parle Tilak Vidyalaya Association was founded in 1921 to honor Lokmanya Tilak by undertaking educational work. It is the matter of pride that Parle Tilak Vidyalaya Association has gained a high status for being one of the leading institutions in the state of Maharashtra. Parle Commerce College was made in June, 1960 under the Parle Tilak Vidyalaya Association. After the heavy donation from Shri M.l.dahanukar, an industrialist of Mumbai, the school was named after him as M.l.dahanukar College of Commerce in 1962. The College is associated to the University of Mumbai. The College has started its educational journey with an objective of imparting an education which escalates the career in the field of commerce and makes them smart & vibrant for the various challenges they will face in their career. The college believes in creating performer, winners, achievers and leaders for the various industries. College provides congenial atmosphere for the learning, which makes student holistic development. College continuously emphasis on improving its teaching methods & techniques for which faculty employs effective methods for presentation of topics, discussions and study tours.