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Gogte College of Commerce was established in 1954 for imparting education in BBA, BCA, B.Com & M.Com and other Add-On Commerce Programmes. It is affiliated to Rani Channamma University Belgavi and recognised Government of karnatak. The College is included in 2(f) and 12(b) Schedule of the University Grants Commission, New Delhi. In January 2006. The College Celebrated Golden Jubilee which was inaugurated by Hon’ble Shri. P. Chidambaram, Former Minister for Finance, Government of India. The other dignitaries who participated in the Celebrations included Mr. Sachin Pilot, Hon’ble Member of Parliament, Mr. Suresh Angadi, Hon’ble Member of Parliament, Mr. Prakash Hukkeri, MP, who are Alumni of College.

Mr. Basavaraj Horatti, Former Minister for Primary and Secondary Education, Mr. Murlidhar Chaini, President, Maharashtra Economic Development Council, Mr. Sham Sundar Keshkant, Additional Commissioner of Income Tax and Office Bearers of Karnatak University College Teachers Association were present on occasion College has rendered yeomen service in the sphere of Higher Education and earned a reputation as one of the lead Colleges in India. This college is a trendsetter in this part of the country for producing Chartered Accountants, Cost Accountants, Company Secretaries, Sports Persons, Managers, Businessmen, Administrators, Politicians and Teachers, Since 1954 till now.

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