The St. Aloysius College, Mangalore, is managed by the Mangalore Jesuit Educational Society which is registered under the Societies Registration Act, 1860, and admits students without discriminating against any religion, caste or creed. It seeks to establish a collegial environment in which those of diverse cultural backgrounds and religious beliefs can participate in the community in a spirit of co-operation and mutual respect. The student population is currently 14,000. Apart from academics the college is well known for National level fests such as Composite, ACME, Art Beat, Imprints, Asthitva, Spin Out, etc.
ACME is a two day national level commerce fest conducted by students and staff of Department of Commerce, St. Aloysius College. ACME is a promising event and every year it gets bigger and better. The theme for this years ACME is "The Calm and Chaos".