Mother Theresa Degree college was established in the year 2001 with an intention of offering qualitative Education to students of Palamaner and its surrounding villages. It is a full fledged graduate co-educational college affiliated to S.V.University, Tirupati. At the establishment of this college there was a meagre strength of 34 students offering only BSc(MECs), BSc(MSCs) and BCOM(CA ) respectively.

As far as the strength of the college is concerned ,there has been rapid growth since its inception. Securing university ranks at the S.V.University Examinations has become common since establishment of the college. There has been rapid growth in terms of the strength of the college from year to year.The number of admissions into Degree college was 120 students in the year 2002 . At present the strength of the college is 1500.

 BSc (Bio-Technology) was also offered in the 2005 academic year .BZC (TM) and additional 2 sections of BCOM (CA) were offered at the academic year 2014-15. In the academic year 2021-22, the two groups BCA(Bachelor of Computer Applications) and BBA(Bachelor of Business Administration) are also introduced. Well furnished hostel established in the college campus is provided for both boys and girls separately. Transportation is provided in almost all the surrounding villages of the college running over more than 40 buses to pick up the students and there is also a college bus connectivity to faroff places like chittoor, madanapalli and v.kota.

We began sending the final year students of our college for off campus selections in the year 2005 . More than 700 students of our college got selected in various recruitment drives conducted by reputed MNC Companies like Wipro, Infosys , Tech Mahindra And TCS etc., till date.

The college was handed over by the new management, Mother Theresa group of institutions in the year 2007 . Sri S.Madhusudhan Rao  has been the principal of the college since the change of the management. He has been Dynamic , Committed and hard working. Under the able guidance of principal , the college has been achieving overall development academically and non-academically .