Government R C College of Commerce & Management was set up in the year 1948 in Poorna Prasad buildings off the Race Course Road. Starting off as an intermediate college, it metamorphosed into a degree college in the year 1952 simultaneously moving to the present magnificent stone building. It is the first Commerce College run by the Government of Karnataka and only one of its kind. The College offers B. Com., BBM, M.Com, MFA and MBA courses. It is the only Government institution in the entire state of Karnataka to offer MBA program.