Dr Babasaheb Ambedkar Marathawada University was inaugurated by Pandit Jawaharlal Nehru on August 23, 1958. It ranks 1st among the top commerce colleges in Aurangabad.
Maulana Azad College of Arts Science and Commerce was founded in June 1963 by the then Chief Minister of Maharashtra Mr. M.S. Kannamwar. The college has pioneered job-oriented courses in Geology Industrial chemistry electronic Microbiology and Computer Science and Drilling Technology. At Junior college (+2) level also job oriented vocational courses were introduced for the first time in the region.
The institution has become an instrument of social change by imparting education from Junior College to Post Graduate courses in various disciplines and doctoral research center in botany, zoology chemistry, geology, Hindi and Urdu. It ranks 2nd among the top commerce colleges in Aurangabad.
Marathwada Shikshan Prasarak Mandals Vinayakrao Patil Mahavidyalaya was founded in June 1968. The college was inaugurated by Late Yashwantrao Chavan the then Chief Minister of Maharashtra State.
It is located on the Aurangabad – Bombay state highway 2 kms away from Vaijapur Town. It is one of the leading institutions of rural Marathwada. The “Educational Complex” of this college is located in a systematically developed and extensively planed campus of about 19.05 acres. The college imparts education in arts, commerce, science, MCVC Management Science & Interdisciplinary streams from 10+2 to Under Graduate & Post Graduate level. Initially college started with 215 students and about 20 Teaching & Non-Teaching Staff members. Presently, the strength of college students is 4000 with 103 teaching and non-teaching staff members. It ranks 3rd among the top commerce colleges in Aurangabad.
Shivaji Arts Commerce and Science college was established in 1972. The college has 38 years of history as the flagship of higher education in rural part of Marathwada. It ranks 4th among the top commerce colleges in Aurangabad.
Sir Sayyed College of Arts Commerce & Science is one among the minority institutions in Aurangabad city. In 2003-04, NAAC accredited the college with' B ' grade. It is one of the leading institutions engaged in imparting quality education in the dominantly Muslim area. The location holds importance as it makes the college easily accessible to the purdah-observing girl students whom the conservative family set-up usually do not permit to go to distant colleges for higher education. It ranks 5th among the top commerce colleges in Aurangabad.