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The college is affiliated to Bangalore University but functions as an autonomous institution. The college has a sister institution Mount Carmel Institute of Management which offers Post Graduation Diploma in Business Management for women. Mount Carmel College is a member of 29 clubs and associations that conduct several events and competitions across the year. In 2008 it was ranked by India Today as one of the top three colleges in Karnataka in the fields of arts, science and commerce.

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