Updated on Mar 22, 2024 16:51 IST
Aneena Aley Abraham

Aneena Aley AbrahamSenior Executive

Top Commerce Colleges in Mumbai 2024: Fees, Admission, Courses, Placements, Cut Offs

There are about 8 top Commerce colleges in Mumbai. Out of which, 6 colleges are privately owned and the rest are 1 college owned by the government. CUET is the top entrance exam for admission to best Commerce colleges in Mumbai. Narsee Monjee College of Commerce & Economics, Mithibai College, K J Somaiya College of Arts ad Commerce, KC College and St. Xavier's College are the top Commerce colleges in Mumbai for 11th and 12th.

Latest Update:

  • CUET exam is scheduled to be held from May 15 to May 31, 2024 in CBT mode. The CUET UG 2024 notification is expected to release in first week of February 2024. Check for latest updates on CUET UG 2024 here.
  • NTA has already announced the CUET PG 2024 exam dates, i.e., from March 11 to March 28, 2024.

Top Commerce Colleges in Mumbai: Highlights 2024

A bachelor's or master's degree in Accounting & Commerce can be pursued, offering comprehensive training to equip students with the necessary skills and knowledge for success in the professional world. This programme covers various aspects including financial reports, tax regulations and the tools required to analyze an organization's finances and effectively communicate that information to managers and other stakeholders.

Below is the table showcasing the particulars of best colleges in Mumbai for Commerce are:

Particulars

Parameters

No. of Colleges

8

Fee

< INR 1 lakh: 5 colleges

INR 1-2 lakh: 1 college

Accepted Entrance Exams

CUET

Top Commerce College in Mumbai: Admissions 2024

Commerce courses can be pursued at UG and PG levels. The eligibility criteria may differ as per the course and branch selected by the student. UG courses in Commerce are of three years duration whereas PG programme is of two years duration. However, given below is broad eligibility criteria for UG and PG Commerce courses admission to top colleges in Mumbai for Commerce:

  • UG level: Candidates can pursue a UG degree in Commerce if they have completed their Class 12 or its equivalent level of education in the Commerce stream from a recognised board. Candidates who have studied subjects such as Accounts, Mathematics, Economics, etc. are also eligible to apply.
  • PG level: Candidates should have completed their Bachelor’s degree in Commerce stream from a recognised university/ institute

Top Commerce Colleges in Mumbai: Exam Schedule 2024

For admissions to best colleges in Mumbai for Commerce; candidates must qualify some of the popular exams and they are:

  • CUET: CUET stands for Central University Entrance Test. It is an all-India level entrance exam conducted by NTA for admission in UG courses offered in all the participating institutions. The exam is conducted in a computer-based mode for two hours. Originally CUCET was conducted by UGC in paper-pencil-based mode.

Take a look at important dates of exams accepted by best Mumbai Commerce colleges

Exam Name

Exam Schedule

CUET

CUET Schedule

Are you preparing for CUET? The below links can be helpful:

Top Private Commerce Colleges in Mumbai

Among the top 5 colleges in Mumbai for Commerce given below are the private best college for Commerce in Mumbai. The table below shows some of the private top 5 Commerce colleges in Mumbai along with their total tuition fee:

Private Colleges

Total Tuition Fee

Narsee Monjee College of Commerce & Economics Admission

INR 35, 250

Mithibai College of Arts Admission

INR 30,130

KJ Somaiya College of Arts and Commerce Admission

INR 29,985

St. Xavier's College Mumbai Admission

INR 23,361

B.K. Birla College of Arts, Science and Commerce Admission

INR 11,870

Top Government Commerce Colleges in Mumbai

Among the top 10 Commerce colleges in Mumbai given below table shows some of the government top 5 Commerce colleges in Mumbai along with their annual fees:

Public Colleges

Total Tuition Fee

Kishinchand Chellaram College Admission

INR 1.11 lakh

To know more about the top Commerce colleges in different regions of India CLICK BELOW:

Highest Salary Offered by Top Commerce Colleges in Mumbai

ROI tells students the benefit of pursuing a course in terms of the return they will get. In the case of popular courses, choosing a college or university based on the ROI factor can be great. This is helpful when it becomes tough to select between two or more colleges.

Among the top 20 colleges in Mumbai for Commerce below given are the top 10 Commerce colleges in Mumbai with the average annual fee and average placement package are tabulated below:

College Name

Total Tuition Fee

Average Salary Package

Narsee Monjee College of Commerce & Economics

INR 35,250

INR 2.79 LPA

Mithibai College of Arts

INR 30,130

INR 4.20 LPA

Kishinchand Chellaram College

INR 1.11 lakh

INR 2.50 LPA

St. Xavier's College Mumbai

INR 23,361

INR 6.50 LPA

BK College of Arts, Science and Commerce BCom

INR 11,870

INR 2 LPA

Top Recruiters for Best Commerce Colleges in Mumbai

Commerce offers a plethora of job opportunities to students. Students are hired for jobs such as CA, Junior Accountant, Cashier, Project Manager, Data Analyst, Accounts Executive, etc. Below is the list of best college in Mumbai for Commerce and top recruiters who hire Commerce graduates along with their placement package:

College Name

Annual Median Package

Top Recruiters

Mithibai College of Arts Placements

INR 4.10 LPA

ICICI Bank, HDFC Bank, TCS, JP Morgan, Infosys, etc.

Cost of Studying at Top Commerce Colleges in India

It is estimated that studying commerce in Mumbai is economical. About 6 of colleges have annual fee ranging < INR 1 lakh and some of them are Narsee Monjee College of Commerce & Economics, Mithibai College of Arts, KJ Somaiya College of Arts and Commerce, BK College of Arts, Science and Commerce. The below table showcases the names of best Mumbai college for Commerce with their annual fee:

Fee Range

No. of Colleges

< INR 1 lakh

Narsee Monjee College of Commerce and Economics, Mithibai College of Arts, K J Somaiya College of Arts and Commerce, etc.

INR 1-2 lakh

Kishinchand Chellaram College

Top Commerce Colleges in Mumbai (All): Cut Off 2024

Below is the list of cut off of top 10 college in Mumbai for Commerce:

Top Commerce Colleges in Mumbai: Comparison 2024

Below is the list of comparison of top commerce colleges in Mumbai (All):

Read More

Selected Filters

Location

Total Fees

Rating

Ownership

Exams Accepted

7
India Today ' 24
(All India)
Narsee Monjee College of Commerce & Economics
4.3

Placements

4.1

Infrastructure

4.3

Faculty & Course Curriculum

4.1

Crowd & Campus Life

4.5

Value for Money

4.7

Learning Experience

0.0

Course Support

0.0
(163)
Fees: 43,410
Salary : 6.05 Lakh
8
The Week ' 24
9
Outlook ' 24
15
India Today ' 24
(All India)
Mithibai College of Arts, Chauhan Institute of Science & Amrutben Jivanlal College of Commerce and Economics
4.5

Placements

3.9

Infrastructure

4.7

Faculty & Course Curriculum

4.4

Crowd & Campus Life

4.7

Value for Money

4.7

Learning Experience

0.0

Course Support

0.0
(241)
Fees: 37,634
16
The Week ' 24
7
Outlook ' 24
20
India Today ' 24
(All India)
K J Somaiya College of Arts and Commerce
4.2

Placements

3.5

Infrastructure

4.5

Faculty & Course Curriculum

4.0

Crowd & Campus Life

4.6

Value for Money

4.4

Learning Experience

0.0

Course Support

0.0
(134)
Fees: 29,985
87
The Week ' 24
Not Ranked
Outlook ' 24
25
India Today ' 24
(All India)
Kishinchand Chellaram College
4.0

Placements

3.6

Infrastructure

3.7

Faculty & Course Curriculum

4.3

Crowd & Campus Life

4.2

Value for Money

4.2

Learning Experience

0.0

Course Support

0.0
(77)
Fees: 1.11 Lakh
Salary : 2.50 Lakh
27
The Week ' 24
23
Outlook ' 24
29
India Today ' 24
(All India)
St. Xavier's College, Mumbai
4.3

Placements

4.0

Infrastructure

4.3

Faculty & Course Curriculum

4.3

Crowd & Campus Life

4.5

Value for Money

4.5

Learning Experience

0.0

Course Support

0.0
(120)
Fees: 23,361
Salary : 6.89 Lakh
43
The Week ' 24
Not Ranked
Outlook ' 24
39
India Today ' 24
(All India)
B.K. Birla College of Arts, Science and Commerce
3.9

Placements

3.4

Infrastructure

4.0

Faculty & Course Curriculum

3.9

Crowd & Campus Life

4.1

Value for Money

4.0

Learning Experience

0.0

Course Support

0.0
(101)
Fees: 11,870
Salary : 2.00 Lakh
26
The Week ' 24
39
Outlook ' 24
126
India Today ' 24
(All India)
Nagindas Khandwala College
4.0

Placements

3.8

Infrastructure

3.9

Faculty & Course Curriculum

4.3

Crowd & Campus Life

4.1

Value for Money

4.1

Learning Experience

0.0

Course Support

0.0
(91)
Salary : 2.18 Lakh
Not Ranked
The Week ' 24
Not Ranked
Outlook ' 24
170
India Today ' 24
(All India)
St. Wilfred’s College of Arts, Commerce and Science
3.7

Placements

3.5

Infrastructure

3.8

Faculty & Course Curriculum

3.6

Crowd & Campus Life

4.0

Value for Money

3.7

Learning Experience

0.0

Course Support

0.0
(12)
Not Ranked
The Week ' 24
Not Ranked
Outlook ' 24

Other popular Accounting & Commerce colleges in Mumbai

4.5
4.34 - 5.2 LPA

#20 The Week

5 Courses
15.77 K
4.3

#11 The Week

99 K - 2.5 L
75 K - 1.3 L
99 K - 2.5 L
3.0
28.02 K - 6.45 L
2.5 - 3 LPA
10 Courses
1 L - 7.5 L
11.4 LPA
11.85 K - 55.81 K
3.8
71.88 K - 1.44 L
3 - 4.6 LPA
4 L - 4.4 L
6.2 LPA
2 K
6 - 18 LPA

Confused about which college or exam to opt for?

Chat with our counsellor.

Get your personalised list of colleges & exams.

40.8 K - 50.8 K
16.11 K - 59.16 K
3 LPA
2 K - 2.4 K
3.6
27.78 K - 55.4 K
2.25 - 28.54 LPA
3 Courses
11.91 K
3.4
1 Course
13.92 L
2.0
1 Course
48.26 K
2.5 LPA
4 Courses
54.36 K
2.88 LPA
1 Course
6.75 L
3.9
50.1 K - 73.83 K
2.5 LPA
4.3
3.7
5.94 L
10 LPA

Top Commerce Colleges in Mumbai FAQs

Q. How many Commerce colleges are there in Mumbai?

A. There are a total of 10 best colleges for Commerce in Mumbai. Out of which, 8 colleges are privately owned and the rest are 1 college owned by public/government organisations. Commerce is a field for students who have an interest in financial information/transactions, trading of economic value, etc. Students often consider taking up Commerce after completing Class 12. Some of the popular colleges include Narsee Monjee College of Commerce and Economics, Mithbai College of Arts, KJ Somaiya College of Arts  and Commerce

Q. What is the eligibility criteria for Top Commerce colleges in Mumbai?

A. Commerce courses can be pursued at UG and PG levels. The eligibility criteria may differ as per the course and branch selected by the student. UG courses in Commerce are of three years duration whereas PG programme is of two years duration. However, given below is broad eligibility criteria for UG and PG Commerce courses:

  • UG level: Candidates can pursue a UG degree in Commerce if they have completed their Class 12 or its equivalent level of education in the Commerce stream from a recognised board. Candidates who have studied subjects such as Accounts, Mathematics and Economics, etc. are also eligible to apply.
  • PG level: Candidates should have completed their Bachelor’s degree in Commerce stream from a recognised university/ institute

Q. Which is No 1 College for Commerce in Mumbai?

A. The best colleges for Commerce in Mumbai with their annual tuition fee are tabulated below:

College Name Total Tuition Fee
Narsee Monjee College of Commerce & Economics INR 35, 250
Mithibai College of Arts INR 30,130
KJ Somaiya College of Arts and Commerce INR 29,985
BK College of Arts, Science and Commerce INR 11,870
Kishinchand Chellaram College INR 1.11 lakh

Q. Are there any job opportunities for students who pursue Commerce courses in Mumbai?

A. Yes, there are several job opportunities for students who pursue Commerce courses in Mumbai. Check out the table below to know the job opportunities available for Commerce students along with the average salary in India:

Job Profile Average Salary 
Junior Accountant INR 1.85 LPA
Business Executive INR 2.99 LPA
HR Executive INR 3.75 LPA
Accounts Executive INR 2.70 LPA
Data Analyst INR 4.36 LPA
Research and Development Manager INR 11.73 LPA

Q. Which are the Top recruiters for Top Commerce colleges in Mumbai?

A. The Top recruiters for Top Commerce colleges in Mumbai are ICICI Bank, HDFC Bank, TCS, JP Morgan, Infosys, Wipro, Tech Mahindra, ICICI Bank, Kotak Bank, etc. After completing UG level course under Commerce, the candidates can find various jobs at entry or junior level in Accounting, Commerce, Banking and Finance and related fields such as Junior Accountant, HR Manager, Business Executive, Accounts Executive, and After completing PG level courses under Commerce, the candidates can seek employment in the BFSI Sector, opt for teaching or lecturer-ship or go for research. There are various job options for PG degree holders of Commerce in the private, public as well as government sectors.

Q. Is it expensive to study in Top Commerce colleges in Mumbai?

A. No, it is estimated that studying commerce in Mumbai is economical. About 6 colleges has their annual fee ranging < INR 1 lakh and some of them along with their total tuition fee are:

College Name Total Tuition Fee

Narsee Monjee College of Commerce & Economics

INR 35, 250

Mithibai College of Arts

INR 30,130

KJ Somaiya College of Arts and Commerce

INR 29,985

BK College of Arts, Science and Commerce

INR 11,870

Bhavan’s College Admission

INR 11,910

 

Q. Is commerce better for future?

A. Students can pursue Commerce courses at UG, PG and PhD levels. The regular Bachelor’s and Master’s degree courses are available full-time as well as part-time. Certificate courses such as CA, CS, and CFA are available in part-time mode and are very popular Commerce courses in India. Commerce is the right choice for you if you want to increase your financial assets with an understanding of stock markets, funds, and shares. Knowledge of commerce can also aid you in the skills needed to manage your finances at any point in time. 

Q. Which are the best public top commerce colleges in Mumbai?

A. The below table showcasing list of public colleges with their annual fees:

Public Colleges

Total Tuition Fee

Kishinchand Chellaram College

INR 1.11 lakh

Q. What are the skills required to pursue Accounting and Commerce courses?

A. Commerce students are required to have strong Mathematical, Analytical and Communication skills. Mathematical abilities will enable them to calculate numbers and handle data required in accounting and calculations, while the ability to analyse data is equally essential for professions in business. Complex analysis, graphical representations, and spotting broad data trends can all be useful in any commerce vocation. Good analytical abilities might also assist you in gathering additional data and conducting market research.

Q: Which college gives best placement for BCom in Mumbai?

A: Listed below are the best Commerce colleges in Mumbai along with their placement package:

College Name

Average Salary Package

Mithibai College of Arts

INR 4.10 LPA

BK College of Arts, Science and Commerce

INR 2 LPA

Select any publisher to see further ranking
India Today 2024The Week 2024Outlook 2024