Dayanand Anglo-Vedic College Trust and Management Society, New Delhi established Dayanand Institutions, Solapur in June 1940 to celebrate the victory of Satyagraha launched by Arya Samaj against the atrocities and social discrepancies committed by the then ruler of Hyderabad. It is one of the oldest and renowned educational institutions in this part of our country.
Dayanand Anglo-Vedic College Trust and Management Society, New Delhi established D.A.V. Velankar College of Commerce, Solapur in June 1952. In the beginning, the college was affiliated to Bombay University. However, with the establishment of Poona University, it came under its jurisdiction and then it came to be affiliated to Shivaji University, Kolhapur; since its inception in 1962 and since July 2004, it is affiliated to Solapur University, Solapur.
Dayanand Institution of Solapur is spread over an area of 63 acres of land, shared by other three sister concern colleges, with impressive and magnificent buildings, libraries and extensive playgrounds with required amenities. The institute has an Open Air Theatre for hosting cultural and other events with a sitting capacity of 7000 students. It has a spacious multi-purpose Velankar Hall. It has well equipped Air conditioned Seminar Hall. A Boys Hostel with a facility for 370 boarders and a Hostel for Ladies having a facility for 60 incumbents, a canteen, a ladies room, a Dispensary, a Post Office, and a branch of Punjab National Bank with ATM facility are some of the unique features of the institution.
The D.A.V. Velankar College of Commerce, Solapur runs aided course of B.Com. with specializations of Advanced Accountancy and Advanced Banking. It also runs unaided courses- Bachelor of Computer Application (BCA), Master of Commerce (M.Com.) with two specializations, Advanced Costing and Taxation; and Master of Business Administration (MBA) providing dual specialization. The students are allowed to choose any two subjects out of Marketing, Finance and Human Resource Management. The College has Research Centre for Ph.D. (Commerce) and Research Place for Ph.D. (English). The total intake capacity for all these courses is 1876 students.