The Daly College, located in Indore, Madhya Pradesh, India, was founded by Sir Henry Daly of the British Indian Army during India's colonial British Raj. The story commences from 1870 when the institution was named as the Residency School. It was then renamed as the Rajkumar College in 1876, and in 1882, it came to be known as The Daly College. It was established by the Resident Governor of the erstwhile Presidency, to educate the children of the royalty, nobility and aristocracy of Central Indian Princely States of the'Marathas','Rajputs','Mohameddans' and 'Bundelas'. It is one of the oldest co-educational boarding schools in the world.
The school has been a premier educational institute with all modern facilities, now having more than 2,000 students from different walks of the society. It is currently ranked 6th in India (Central Board) while Global Indian International school is ranked 1st in the state- Madhya Pradesh.
The school is a co-educational, residential public school affiliated to the Central Board of Secondary Education (CBSE). In 2007 the first International Round Square Conference was held at Daly College, attended as its president by former King Constantine II of Greece, and in December that year, a commemorative stamp on the college was released by India Post. The school is a member of the G20 Schools Group. The Daly College now also has a Business School under its umbrella - the Daly College Business School (DCBS), in collaboration with the De Montfort University, Leicester, UK. DCBS offers an undergraduate course in business management- Bachelor in Management (Business Studies) (BMBS).