- To educate youth to serve the nation with excellence and dedication leading to social, cultural & economic development of India.
- To conduct the activities of the College with strict discipline for attaining the goals of intellectual and physical training for moral development and character building of the students of the College.
- To impart sound, practical and rational education in Commerce, Economics, Business Management, Science , Law, Information Technology, Computer Science and such allied subjects.
- To plan and work to meet the perennially changing and growing challenges of a globalized World by introducing specialized training leading to professional capabilities and developing in students different skills for competitive advantage.
- To cultivate such qualities in the younger generation which will help them to be responsible members of the society in their adult life.
- To impart higher education in Commerce in response to the rising demand of industries and organizations.
- To reach great heights in the academic world and to achieve all-round progress of the college with a View to develop Mulund College of Commerce as a first-rate institution
- To provide opportunities to teachers to enrich themselves professionally.
- To develop relationships between the college and the community around the college and to initiate schemes to provide learning environment to the students and to achieve social welfare with the cooperation of social and cultural organizations.
- To ceaselessly pursue excellence by acquiring new dimensions of education, working for the welfare of the students and the society, providing adequate and modern infrastructural facilities, promoting sports by carrying out responsibility towards weaker students and by sincerely responding to the varied demands of the academic community.