Ruia college won the award for the best college given by University of Mumbai for the year 2006.
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Ruia College is located in the central part of Mumbai close to Hindu colony, between the Dadar and Matunga railway stations.
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Matunga houses the Institute of Chemical Technology (erstwhile University Department of Chemical Technology), Guru Nanak Khalsa College, R.A. Podar College, South Indian Education Society's College, Ramnarain Ruia College are some of higher education institutions located in Matunga, which are accredited by the National Assessment and Accreditation Council (NACC).