Maulana Azad College of Arts, Science and Commerce was founded by the Late Dr. Rafiq Zakaria, in 1963. It is managed by Maulana Azad Education Society. Padmashri Mrs. Fatima Rafiq Zakaria is President of the society. The college is situated on the lush green Dr. Rafiq Zakaria Campus, Aurangabad. It has been organized as 2(f) & 12(b) by the University Grants Commission, New Delhi, and it is affiliated to Dr. Babasaheb Ambedkar Marathwada University, Aurangabad.
The College visualizes the academic and Intellectual Development, Moral Upliftment, Social Commitment, Cultural Refinement, Spritual and Emotional Maturity of the future generation of India.
The vision also includes the holistic improvemet in the realm of higher education in the jurisdiction of the institute.
To shape its vision into concrete reality the institution has the following mission.