Progressive Education Society's Modern College of Arts, Science and Commerce, Shivajinagar, Pune-5 was established in June 1970. In the words of Prof. Dr. Gajanan R. Ekbote, Chairman, Business Council, P.E.Society, Shivajinagar, Pune-5 "this college has progressed right from the beginning to a glorious destination today and going to reach their set goals in future.....It is an “ASSET” to P.E. Society as well as Savitribai Phule Pune University due to its several achievements in the field of Education." The Historical Account of Modern College presents a Journey of the College from 1970-2016.