Fergusson College was established on 2nd January 1885 by Deccan Education Society (DES). and is now in its 127th year. The college received Best College Award of University of Pune in 2002-03. First NAAC assessment in 2004 and received Grade –'A. . Among the Top – 10 Colleges in INDIA TODAY's surveys.The NAAC reassessment was done in 2010,and the college received 'A' Grade again, with CGPA of 3.26.The primary aim of the DES has always been to offer education at affordable cost and spread enlightenment by self-reliant efforts with a view to realizing the highest aspirations and ideals of the people for better future of the country. The emphasis of the founders on 'knowledge' is aptly reflected in the college emblem, which bears the inscription Knowledge is Power.