Banking, Finance & Insurance Colleges in Mumbai - Courses, Fees, Admissions 2026, Cutoff, Placements

Hi,

Actuarial Science courses are offered at many levels and in different disciplines.

Admission to most of courses is based on merit system but some MBA programs in Actuarial Science specialisation require exam like CAT, MAT, XAT, CMAT, ATMA, etc.

Admission to BSc, BCom, etc. is based on merit.

Chartered Accountancy and Actuarial Science are two different working fields of study that are related to finance. A professional in Actuarial Science deals with risk factors that can occur in future and mitigation techniques. Whereas, a Chartered Accountant is one who deals with financial impacts of past events.

Knowing major differences between Actuarial Science and Chartered Accountancy is important as finance aspirants might go for wrong field thinking both fields are similar.

Hi,

Listing down few important books which can be referred for Actuarial Science exams. I have collected information from online websites which suggests this book for exams.

1. TOMATO (Test Of Mathematics at Ten plus Two level published by ISI)
2. How to prepare for Quantitative Aptitude for CAT Editor: Arun Sharma
3. How to Prepare for Verbal Ability and Reading Comprehension for CAT by Arun Sharma and Meenakshi Upadhyay, Mc Graw Hill
4. Quantitative Aptitude for Competitive Examinations Editor: Abhijit Guha 5. Quantitative Aptitude for MBA Entrance Examinations Editor: R. S. Aggarwal

All the best!

Yes, one can say that but XAT is not the only entrance exam which is considered for admission to Welingkar Institute of Management.  CAT, CMAT, GMAT and ATMA scores are also accepted. The first round of screening is based on the scores in these entrance tests only. 

SP Jain (SPJIMR) is known for its PGDM programme. S. P. Jain Institute of Management and Research is approved by the AICTE and accredited by the Association of MBAs (AMBA), UK, NBA, and AACSB International. The institute offers quality education by the professioanl experts. The the highest international and domestic packages offered during SPJIMR PGDM placements 2023 stood at INR 77.88 LPA and INR 67.50 LPA, respectively. 

Adission to MBA course at Xavier Institute of Management and Research is done based on the scores obtained in the MAH CET exam. The cutoff for admission 2024 has been relaesed. The cutoff for the exam was 99.93 percentile. The total tuition fees for the course is INR 5 Lakhs.

Mumbai University conducts the admission process for all the UG, PG, PhD courses in online mode. Interested candidates can fill the admission forms through the official website. University of Mumbai admissions are currently ongoing for several courses.

Narsee Monjee College of Commerce & Economics BCom tuition fee costs around INR 43,400 – INR 3.8 L. This fee is exclusive of other components such as examination fee, application fee, hostel fee, security deposit, etc. This fee is taken from the official website. It is subject to change.

National Stock Exchange (NSE) provides programmes including PG Diploma, Certificate, MBA/PGDM in streams such as Banking, Finance & Insurance, Business & Management Studies, and are excellent for students to build their careers. The institute has specializations in Wealth Management, Investment Banking, Finance.

Yes, Mithibai College conducts a Common Entrance Test (CET) for admission to postgraduate courses in Arts and Science. Candidates seeking admission to Mithibai College PG courses must appear for the entrance test. As per the latest notification released by the colleges, the entrance exam is likely to be held in the first week of May 2023. As for the UG programmes(BSc, BCom, BMS, BA,.etc.) candidates must qualify Common University Entrance Test also known as CUET UG, a national level entrance exam conducted by NTA for admission to UG courses. 

Yes, SP Jain School of Global Management offers Premium Learning Online Courses in the field of management. Also, most courses at SPJSGM Mumbai have options for distance or online course / learning with students able to avail the same benefits such as options to apply for post-study work visas.

BITSoM CAT cutoff is available for the year 2022. As per the previous year cutoff it is mandatory for candidates to meet a CAT Percentile of 85 in both overall as well as sectional cutoffs. Tabulated below is CAT cutoff for BITSoM for the last two years:

 

The course fees for the top programmes at TISS Mumbai are as follows:

• MA Human Resource Management & Labour Relations (HRM & LR): INR 1.85 Lakhs.
• Master of Hospital Administration (MHA): INR 1.45 Lakhs. 
• MA in Social Entrepreneurship: INR 1.59 Lakhs.
• BSW: INR 2.09 Lakhs.

Students must pay these course fees in either lump sum, yearly or semester-wise mode of payment.

Vivekanand Business School provide significant support to students in terms of internships and placements to enhance their employability. The institute provides campus placement drive for the students. Also, the institute has strong relationships with industry professionals and companies.  

During Vivekanand Business School placements, the the highest domestic package and the highest international package stood at INR 12 LPA and INR 21.42 LPA, respectively. Moreover, in 2023,  the institute witnessed the participation of 145 new recruiters.

After completing the undergraduate 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, Operations Management,  Data Analyst, Research and Development Manager, Information Systems Manager,  Project Manager,  etc..

Also Read: Your Career After Doing a Course in Commerce

You May Also Consider:

Imarticus Learning has been rated 4.4 on Infrastructure parameter. Institute has a well supported campus with facilities such as Labs. Imarticus Learning has also been rated 4.6 for Campuslife.

BSE Institute Mumbai offers UG, PG, certificate, and other courses to students. These courses are provided across Finance, Data Science,  and various other streams. At the UG level, the college offers BMS, BCom, BBA, BSc, and other courses to students. At the PG level, the college offers a two-year Master in Management Studies (Global Financial Markets), Master in Management Studies (Financial Technology), and a one-year Post Graduate Diploma in Cyber Security, Post Graduate Diploma in Predictive Analytics (Data Analytics), and Post Graduate Certificate in Banking & Finance. The college also provides vocational, and other courses to students.

B.K. Birla College of Arts, Science and Commerce offers admission primarily on the basis of the scores obtained in the national level entrance exams including MAH CET, CUET, CUET PG, NEET PG, etc. To get admission to B.K. Birla College of Arts, Science and Commerce, candidates must fulfil the course-specific eligibility. Candidates can apply to the desired course online on the institute's website.

Jai Hind College in Mumbai is considered worth the hype & ranked as a top institute #25 in Arts by The Week 2025 with high quality education, supportive faculty & excellent placement opportunities particularly for self financed courses like BMS.