The trust "Marathwada Mitra Mandal, Pune" was established in 1967 by Hon. Late Shri. Shankarraoji Chavan, Former Home Minister, Govt. of India as the "Founder President". The trust had started its activity with the objective of providing hostel or similar accommodation in Pune to the students. This trust is established through the inspiration of socially and educationally charged personalities, with motto "Yethe Bahutanche Hit" (Welfare of Masses). Mass education, co-education and dedication towards overall development of the region are the watchwords of the trust. At present the trust has four educational campuses at Deccan, Karvenagar, Lohgaon and Kalewadi. At its various educational campuses the trust has created excellent facilities of education catering to Management, Law, Commerce, Pharmacy, Engineering, Architecture, etc, which provide excellent education to more than 12000 students.
MMCOE has been recognised as the BEST COLLEGE by SPPU. MMCOE is one feather in the cap of Marathwada Mitra Mandal Pune, from the academic year 2006 - 2007. It offers six engineering programmes (Computer, Electrical, E&TC, Information Technology , AI&DS and Mechanical) and three P.G programmes MBA, ME(Computer Engineering) , ME (Mechanical- Design) and PhD (Computer Engineering). It houses 2000+ students and 200 staff members. Along with the focus on core academics, college also takes care of overall personality development of the students. The college has an active robotics cell, NCC, Training and Placement cell etc. The students are motivated to actively participate in co-curricular and extra-curricular activities. They have brought many laurels to the Institute in the events such as Vinodottam Karandak, Firodiya Karandak, Zest, Dexterity etc.