Vidya Bhavan College of Commerce was started in 1983 and managed by the Poona Diocesan Educational Society. The college offers three courses Bachelor of Commerce [B.Com.], Master of Commerce [M.Com.] and Post Graduate Diploma in Banking and Financial Management [PGDBFM] and affiliated by University of Pune, Pune. The vision of college to provide an anchor for the less privileged, for those students who scored a lower percentage, and to give them an opportunity to experience the same academic excellence offered elsewhere.

The mission of college to educate students to prepare them for life, through a threefold process, that is of being critical, disciplined and cultured, so that the students graduating from this college may not only be successful in life but also be faithful to the commitment of life. The college has all basic facilities.