The D.M’s V.N.S. Bandekar College of Commerce was established in 1974. The college which was formerly affiliated to the university of Bombay, is presently affiliated to Goa University.
From the academic year 2006-07, the college started the self-financed Bachelor of Business Administration (BBA), Bachelor of Computer Application (BCA), Master of Commerce (M.Com) courses and the course of M.Sc in pharmaceutical Chemistry which has been sanctioned by UGC under Innovative Programme Teaching and Research in Interdisciplinary and Emerging areas has been introduced from the academic year 2009-10. The college has been recognized by UGC and has been reaccredited by N.A.A.C under the new scheme.