Sir Ness Wadia (1873-1952), eminent Industrialist and philanthropist of his times and his brother Cusrow became benefactors of the Modern Education Society at the behest of Prin. V. K. Joag (1888-1963), educator, reformist and founder life-member of the Society. The Nowrosjee Wadia College of Arts and Science in memory of the father of Sir Ness and Sir Cusrow and the Cusrow Wadia Institute of Technology in the honour of Sir Cusrow came to be established respectively in 1932 and 1938. The Ness Wadia College of Commerce was established in 1969 and the Neville Wadia Institute of Management Studies & Research in honour of the illustrious son of Sir Ness in 1991. Over the years the Wadia campus has earned a distinct place of pride world over as a center of higher learning in Pune, particularly in the eastern parts of the city.