Shri Vile Parle Kelavani Mandal (SVKM), started the Mithibai College of Arts & Mohanlal Dayal Chauhan Institute of Science in 1961 as a part of its own Silver Jubilee Celebration. Amrutben Jivanlal College of Commerce and Economics was an addition in the year 1980.
The college has a state of the art, fully air conditioned college library. With its vast and eclectic collection of books and journals, it quenches the thirst for knowledge of both staff and students. Many of the students have excelled in their examinations and have secured University Merit Ranks. The college has produced many top executives working with reputed business houses including multinational companies in India and abroad. Many of the students have gone on to become successful industrialists, academicians, sportspersons and famous film & theatre personalities. Students are also helped in their placements in industries.
The college has a placement cell which provides final placement and internships to under-graduate &
post-graduate students.