It is run by the Hyderabad (Sindh) National Collegiate Board and is affiliated to the HSNC University.

It was the second college in Maharashtra (after KC College, Churchgate) to be accredited 'A' grade with a score of 87.95% by the NAAC (National Assessment & Accreditation Council) under the revised scheme in 2002.

Indu Shahani, a noted academic and former Sheriff of Mumbai, is a former principal of HR College.

This cluster university would also include (and be led by) KC College.

They were officially supposed to become part of the cluster university from academic year 2020-21.