The college is also famous for the
Chartered Accountant's examination preparation. Students who are willing to be Chartered Accountants do their higher secondary education and a three-year bachelor's degree in Commerce stream (B.Com.) and then take the Chartered Accountant's course. There is a large contribution of this college in creating and popularizing the "Latur Pattern". Mr. Anirudh Jadhav has major contributions in creating the Latur Pattern and making it widely known throughout India. In 2004, RSML started Biotechnology UG and PG under visionary of
Dr. Gopalrao Patil and Directorship of Prof. Vishwas Shembekar, which gives major turn to the college in terms of Research & Development at National and International level. The college has enrolled more than four thousand students (including Junior College). == Staff ==