Hargovanda Lakhmichand College of Commerce (H L College of Commerce), the source of business education in Gujarat, is the first college established by the Ahmedabad Education Society (AES) in 1936. AES established the college with the support of a large donation. Shri Amritlal Hargovanda and Shri Tribhovandas Hargovanda in holy memory of their father Shri Hargovandas Lakhmichand.

The college has made significant contributions in the field of business education over the last eight decades since its inception and has earned a name for its high academic and disciplinary standards. The educational institution has been a pioneer in practising innovative teaching methods and has offered a value-based, high-quality education to generations of students. HL separates from the human and complex dimensions. Apart from academic excellence, H L College of Commerce lays great emphasis on all-around development through intellectual, cultural, sports and other enriching influences.

Behind the university's impeccable reputation are some rare distinctions. Twice awarded as the best college in the state of Gujarat, HL has been awarded NAAC, UGC, Grade A (2005), Grade A (2012) and Grade B (2019). The university has a national reputation and a recognizable reputation in India and abroad. Alumni of the university have held very high, sometimes even the highest positions in almost all walks of life, especially in business, industry, education, law, sports and public administration.

The examination performance of HL has always been excellent, much better than that of Gujarat University, and has been increased with a large number of ranks, medals and awards year after year. Faculty members are always eager to guide brilliant students who aspire to such achievements. Students enthusiastically participate and win laurels for the college in the field of inter-collegiate and Gujarat University-level cultural activities. Apart from bringing glory to the college, the athletes have won championships and carved a niche for themselves in competitions at the Gujarat University level and national, state and international levels. H L College of Commerce strives to expand the horizons of knowledge of its business students across borders to take them into tomorrow so that they can contribute to the economic and cultural empowerment of the nation. It aims to further improve the intellectual prowess, personal discipline, cultural sensitivity and moral conviction of students to create role models for the nation.