Kunte Commerce College, popularly known as JSM College, was established in the year 1961. JSM College, Alibag is the first commenced senior college of Raigad (Kulaba) District and Junior college was commenced in 1976. Late Shri NANASAHEB KUNTE is the founder Chairman of JSM College, Alibag. The Mandal and college office work was started three months before opening of college and Principal along wi
th office staff started their work from 1st April, 1961 to complete the formalities of opening the college. Although the Janata Shikshan Mandal under the leadership of Nanasaheb Kunte have dared to start this college at Alibag,there was always many problems with funds and college was not having it's own building.In the small town of Alibag, District Head Quarter of Kulaba district,the new court building was constructed in 1960 and the Government owned old court building along with 5 acers beautiful campus at seashore was handed over to the Janata Shikshan Mandals at nominal rent, for 99 years on lease, due to the efforts made by Nanasaheb Kunte at the Maharastra Government authorities. The old building still exists and initially it was catering the library, laboratory space needs of college. Three classroom, a library hall(Reading rooms) and three more samll rooms for chemistry lab were constructed in 1961-62. activities were started & college began to expand with S.Y.classes, new staff members, new construction & so on.From the very beginning Boy's hostel & Girl's hostel facilities were made available & 1967-68 new building for Ladies hostel was constructed on campus.Since 1961-1974, the first affiliated University of JSM College was PUNE, but after June 1974 it was changed to MUMBAI UNIVERSITY. The college is recognized by UGC under 2(b) and 12(f) from 1974 and receives various grants from UGC since 1972. Saral High school started in 1966-67. In 1976-77 senior college of science & arts.In 1982-83 Electronics at junior college.In 1984 University of Mumbai-Permanent affiliation.