Wadala college (SIWS) was founded in 1934 with an objective to provide educational facilities to the local population.
In 1976, a Junior College of the Commerce Stream was begun with the goal of providing higher education to a section of its own students.
It has been established with the sole objective of promoting cultural, educational and professional excellence among the younger generations.
The college today has grown as an institution of the mark by offering a wide range of courses viz., B.Com, B.Sc, M.Com, and M.Sc.
In the year 2000, the institution crossed a milestone when it started specialized professional courses, in the field of Management (BBI & BMS).