or Sydenham College of Commerce and Economics
is the first college of commerce in Asia.
It is an institute in Mumbai
(previously Bombay), affiliated to the University of Bombay
, and offering undergraduate degrees in commerce
and undergraduate and postgraduate degrees in management
. The college's motto is "Labor Omnia Vincit" ("Work conquers all") and in Sanskrit, "samudyogo hi vishvajita" . The college is operated by the government of Maharshtra.
Sydenham College, "the first college of commerce in Asia," was established in October 1913. It was named after the then-governor
of Bombay, Lord Sydenham of Combe
, who was instrumental in making the undergraduate degree of Bachelor of Commerce
possible in Mumbai. This makes Sydenham College the oldest degree-awarding institution in commerce
. K.S. Aiyar acted as first honorary principal of the college. It was only in 1941, twenty-eight years after the establishment of Sydenham College, that any other institute started offering courses in the subject.
On the college's seventy-fifth anniversary in 1988, the Indian Post Office issued a commemorative stamp. In 1990, TIME
rated Sydenham College as the "Best Commerce College this side of the Suez."