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La Consolacion College Manila was founded in 1902 when His Excellency Msgr. Placido Chapelle, the Papal Nuncio, offered the first ten Filipino Augustinian Sisters a house at R. Hidalgo St., Quiapo near the Basilica of San Sebastian. Chapelle convinced the sisters, Agustinas Terciarias, to cease the operation of their asilo-colegio and to establish a defined school for women whose specific and extraordinary objective was to provide training and instruction to those intending to pass the civil service examination. The school was named Colegio de Nuestra Seņora de la Consolacion. Sor Clara del Santissimo Sacramento was the first Directress of the colegio.

It will be remembered that the first ten Filipino Augustinian Sisters who founded the school were the same group given the order to disband by the Father Provincial of the Augustinian Order in 1899 during the Philippine-American War when the remaining Catalan Sisters, Sor Rita Barcelo y Pages and Sor Consuelo Barcelo y Pages, left for Spain. The Catalan Sisters were founding sisters of the asilo-colegio in Mandaluyong when they arrived in the country in 1883.

After years of steady growth, the school caught fire in 1909 and was razed to the ground. The following year, in 1910, a new building rose to its present location. It was also during this period when the school received the American government's recognition and a permit to include secondary course. As the first among private schools recognized in Manila , Mr. G.A. O'Reilly, Superintendent of Private Schools, described it "most proficient". During its 25 th year, in 1927, the school started the expansion of its physical facilities. In 1937 the Junior Normal was opened.

During the Second World War, Japanese soldiers occupied the school. Right after the war in 1945, the school played host to the offices of the Catholic Welfare Organization (CWO) and the Catholic Educational Association of the Philippines (CEAP). It also started conducting "abridged classes". A commencement exercise was held in November for the graduates of 1944-45 before the Junior Normal was reopened on December of the same year. Also, 1945 is marked with two important developments: 1) it was the year when the school started accepting boys in the elementary level and 2) the school adopted La Consolacion College as its official name.

The post war period was characterized by physical and curricular expansion of the school. In 1947, the Junior Normal had its first set of graduates. The Music Department was recognized to confer diplomas and issue certificates in 1948. By 1951, the Secretarial Department and the combined Junior Normal and Home Economics were added. In 1952, the Office of the College Dean was established paving the way for bachelor degrees. BSEEd was offered in 1962 followed by BS in Commerce as well as other courses.

In 1974, the school's Board of Trustees was instituted paving the way for concrete and bold actions. When the school turned 75, the Mother Rita Barcelo Pastoral Formation Center (MRBPFC) was established as a non-formal educational unit geared towards community assistance. Two years after, in 1979, the school adopted the Catholic Schools' System Development (CSSD) while at the same time working on the Philippine Accrediting Association of Schools, Colleges and Universities (PAASCU) accreditation, which was eventually passed in 1981. The following year, Basic Education Scheme was also adopted. Computer Program was introduced to both College and Basic Education Department in 1985 and 1988, respectively.

The 1990s opened the doors of LCCM to various foreign academic and professional linkages. On the eve of its centennial, the school opened a dormitory, La Residencia , and the Kamalayanbuilding which houses the college library, the multimedia, business and case rooms, SMART rooms, the school canteen, the offices of the Center for Technology and Curriculum Development (CTCD) and the School of Information Technology & Computer Studies. Moreover, the school officially adopted La Consolacion College Manila as its name. In 2004, LCCM inaugurated the Gregor Mendel Science Center where the Research Center , Nursing Review Center, nursing and science laboratories, e-learning laboratories, etc., are to be found. Today, La Consolacion College Manila is composed of its College Department with its six (6) schools, namely - School of Business and Accountancy, School of Arts and Sciences, School of Nursing , School of HRM and Tourism, School of Information Technology & Computer Studies, and the School of Music - and the Basic Education Department. It endeavors to prepare its students make better decisions in life by providing fitting academic and social opportunities to advance, develop and benefit themselves and the society in general. To perform its educational apostolate, LCCM strives to develop in its community the spirit of searching for truth and passion for excellence through research, instruction, evangelization and extension services, thus providing holistic training for the students in the light of Christian Catholic teachings, and the Augustinian ideal and tradition.