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The Government of Orissa under the Section 32 of the Orissa University Act, 1989 (Act 5 of 1989), established the North Orissa University and notified vide notification No. 880 dated 13th July 1998. The University is included in the list of Universities maintained under Section 2(f) of the University Grants Commission Act 1956, to impart higher education in the tribal base area of North Orissa. The Jurisdiction of the University extends over two districts Mayurbhanj and Keonjhar. There are 80 affiliated colleges, both general and professional, catering to the demand of higher education.

Mayurbhanj College of Accountancy & Management Maharajpur, Takatpur, Baripada is one of the affiliated College of the University duly recognized permanently by the Govt. of Orissa from the academic session 2005-06 and it is proud enough to say that the college is authorized study centre for the distance and continuing education of the following courses of North Orissa University, Baripada. Mayurbhanj College of Accountancy & Management is parmanently U.G.C. Govt. of India, New Delhi.

The Mayurbhanj College of Accountancy & Management,

The Mayurbhanj College of Accountancy & Management, a brand of vision of management education, has been established in the year 1990 and Registered under the Society Act XXI of 1860 for Registration of literacy, Scientific & Charitable Societies to provide Education and training in MBA under the Institute of Business Administration & Management, Daryaganj New Delhi (Approved by AICTE, Govt. of India).

Subsequently during the academic session 1998-99, the college adopted two years full time Post Graduate Degree Couse in “Personal Management & Industrial Relations” to engender sufficient corporate career which is permanently recognized by Govt. of Orissa vide The Director of Higher Education letter No. 2256 Dt. 16.01.2009 from the academic Session 2005-06 and affiliated to North Orissa University, Baripada. It is proud enough to say that such course in management education is first of its kind in Northern Orissa. Presently the college is permanently recognised by the Govt. of Orissa, Permanently affiliated to North Orissa University & recognised by UGC, Govt. of India, New Delhi.

In 2005 the efficient Management of Mayurbhanj College of Accountancy and Management has been able to establish Mayurbhanj +2 Science College, an another milestone in the field of education. The college is recognized by the Govt. Orissa, Dept. of Higher education and affiliated to CHSE, Orissa. Now the college has moved a proposal to the Govt. to merge the Mayurbhanj +2 Science College with Mayurbhanj College of Accountancy & Management from the current session.