Our Story

Where a legacy began

  • Established on 1 June 1918, Deccan Institute of Commerce (DIC) was founded with a vision to promote quality commerce education at a time when professional education in India was still evolving. Over the decades, the institution became a respected name in Maharashtra, earning the trust of students through its progressive approach to learning and practical education.

    What began as a pioneering commerce institute gradually evolved into a broader educational institution that continues to contribute to society through schools, professional learning programmes and student-focused initiatives.

    Today, while education has transformed dramatically, DIC continues to uphold the same values that shaped its foundation more than a century ago - knowledge, integrity, discipline and service to society.

OUR FOUNDERS & VISIONARIES

The Individuals Who Shaped a Legacy

  • The story of Deccan Institute of Commerce is inseparable from the vision, dedication and lifelong service of the distinguished educators who laid its foundation and nurtured its growth over the decades.

    Late Mr. G. K. Bhopatkar, the founder of Deccan Institute of Commerce, established the institution on 1 June 1918 with the objective of promoting quality commerce education at a time when such opportunities were limited.

    In 1929, Late Mr. S. H. Dhupkar joined the institute as a student. Recognising his talent and commitment, his mentor, Late Mr. G. K. Bhopatkar, invited him to join the faculty in 1930, marking the beginning of an extraordinary association with DIC. During the period when Mr. Bhopatkar stepped away from the institution, Mr. Dhupkar carried forward the responsibility of leading Deccan Institute of Commerce single-handedly for nearly a decade. When Mr. Bhopatkar returned after 1940, the institution continued to flourish under their shared commitment to educational excellence.

    Over the years, several distinguished educators further strengthened the institution. Among them was Prof. V. B. Kirtane, who had successfully completed the prestigious Chartered Accountancy examination in London and brought valuable academic expertise to DIC.

    Another remarkable contributor was Late Mr. V. D. Risbud, whose association with the institute began as a student before he joined the faculty. Through his unwavering dedication, he went on to serve as both Principal and Secretary, playing a pivotal role in the institution's continued development.

    The invaluable contributions of these revered educators, our Guruvaryas, laid the foundation for the institution's enduring legacy. Their vision, dedication, and commitment to education continue to inspire Deccan Institute of Commerce as it carries forward more than a century of educational excellence.

Late Mr. G. K Bhopatkar

Founder

Late Mr. H. S Dhupkar

Educator & Leader

Late Mr. V. D. Risbud

Principal & Secretary

OUR LEGACY

Pioneers in Commerce Education

Throughout its illustrious history, Deccan Institute of Commerce introduced and supported several pioneering educational initiatives that significantly contributed to commerce education in Maharashtra.
Among its notable academic contributions are:

These initiatives helped prepare thousands of students for careers in business, commerce and industry, reinforcing DIC's reputation as one of Maharashtra's pioneering commerce institutions.

EDUCATIONAL LEADERSHIP

A Legacy That Continues

While honouring its rich heritage, Deccan Institute of Commerce continues to expand its contribution to education through multiple initiatives.
Today, DIC proudly serves the community through:

By combining tradition with present-day educational needs, the institution continues to support learners across different stages of their academic journey.

MILESTONES

Our Journey Through the Years

Milestones

GOVERNANCE

Governing Council

CA MD. R. Barve
Mr. A. M. Mujumdar
Mr. R. D. Velankar
Mr. R. B. Budhkar
Mr. S. C. Nandedkar
Mr. Vishwas Gosavi
Mr. C. A. Gokhale
Mr. Sagar Diwakar
Mr. R. S. Dhupkar
Mr. R. D. Marulkar
Mr. Paresh Mehata
DRAG