A Brief History of the Institution
About hundred years ago, Ghatkopar, then a small suburb known as the hill in Mumbai, was devoid of any educational institution. It was ShethRamji Assar, the pioneer and visionary, who deemed it necessary to start an educational institute to cater to the needs of the local people. Thus in June 1911 a Gujarati primary co-education school came into existence at Ghatkopar even when education for girls was a taboo.
The year 1918 saw the emergence of the secondary section with the approval of the education department. Marching with time, Pratapsinh Ranchhoddas High School of Commerce started in 1949 followed by Haridas Vishram Khimji Tanna Junior College of Commerce in 1975.
Meanwhile English medium schools had started gaining popularity. Keeping pace with time an English medium section began in 1965 which in course of time grew into a full fledged English medium school in 1972 known as Smt. Maniben Dharamsi Bhatia English Medium High School.
The Institution has also started the scheme known as “Free Education For All” by adopting more than 1200 students under it and text books, note books and uniforms are provided free of cost to the students with the support of sponsors.
Our students have made the institution proud by securing places in the Merit List of SSC Board Examinations through the years. The Gujarati Primary Section has been adjudged Best School by Brihanmumbai Municipal Coporation. The English medium section has been securing 100% results at the SSC Board Examinations for more than ten years. The Junior College too has been securing above 95% results since its inception in 1975.
Our Primary Section of Gujarati Medium is proud for not only receiving Mayor Award as Best School but also two of our Principals have received Mayor Award for the BEST TEACHERS.
All these branches of our institution have produced some of the renowed Doctors, Engineers, Chartered Accountants, IT Professionals, Businessmen and other professionals who are ever enthusiastic to serve the Institution.
The Vidyalaya encourages talents by awarding scholarships and free ships to the deserving students.
This prestigious institution now on the threshold of its centenary has been given approval to start Degree College in Commerce faculty by the Maharashtra State Government (Affiliated to the University of Mumbai) to enable us to complete the educational journey up to Graduation and Post-Graduation. The Institute has granted a Gujarati Linguistic Minority status by the Government of Maharashtra.
With such firm academic foundation the institute is based on strong moral values and vision and is equipped with competent and well qualified staff. The Institution pledges to continue its service to humanity by imparting the best education to the students.
About the College
Late Shri.Mansukhlal Vasa (Golwala), a Prominent businessman, a well known exporter and an ex-students of Ramji Assar Vidyalaya at the first instant donated Rs. 2,00,00,000/- (Rs. Two Crore Only) to the College. The College is named afte his Father Shri. Laxmichand Golwala (a prominent resident of Ghatkopar)
Late Shri.Mansukhlal Vasa has donated to various institions for the cause of education and medical relief and noting is contribution in the field of education he was then admitted to the Trust Board of Ramji Assar Vidyalaya.
On the auspicious day of 15th August 2009, the Independence Day, LAXMICHAND GOLWALA COLLEGE OF COMMERCE AND ECONOMICS was inaugurated by Late Shri. R.R. Patil, former Dy. C.M. of Maharashtra, Hon. Shri Arunbhai Gujarathi, Member of Legislative Council, Maharashtra and Ex-Speaker, Maharashtra Legislative Assembly was the Chief Guest and Hon. Shri. Sanjay D. Patil M.P. was the Guest of Honour.
The first batch of 25 students has appeared for the University Examination in March 2012. The result of the first batch of the college is 83.33% with 11first class. The Third batch which appeared in March 2014 has given 76.08% results.
The College has B.Com (Accounting & Finance), B.Com., (Banking & Insurance), B.Com (Financial Markets), BMS and Innovative Progamme, B.Com (Investment Management), B.Com (Transport Management), M.Com (Adv. Accountancy, Banking & Insurance).