NM College of Commerce & Economics: Courses, Fees, Admission 2024, Placements, Cutoff

Yes, Narsee Monjee College of Commerce and Economics is accredited by the NAAC Foundation. The NAAC foundation has accredited NM College with Grade 'A', and a CGPA of 3.42. Additionally, Narsee Monjee College of Commerce and Economics has received autonomous status from the UGC. The institute is further affiliated with  Mumbai University and offers various UG, PG, and PhD programmes.

{Source: BBM/BMS students & alumni}

Based on the reviews and feedback from students and alumni, here are some key points to consider:

Infrastructure and Facilities
* The college has a modern and well-maintained building with air-conditioned classrooms, digital libraries, and comfortable seating areas.
* Students have access to state-of-the-art facilities, including computer labs, auditoriums, and recreational spaces.
* While there may be limitations in terms of hosting events due to space constraints, the college has hosted successful festivals and events in the past.

Faculty and Curriculum
* The college has a strong faculty base, with many professors holding PhDs and industry experience.
* The curriculum is designed to provide students with a solid foundation in management principles and practices, with a focus on hands-on learning and case studies.
* Alumni praise the college's commitment to industry relevance and readiness, with many graduates securing jobs within months of graduating.

Placement and Internship Opportunities
* The college has a dedicated placement cell that works closely with students to secure internships and job placements.
* Top companies such as TCS, Godrej, and Morgan Stanley have recruited students from the college in the past.
* Average salaries range from INR2-INR5 Lacs per annum, with some students receiving packages upwards of INR10-15 lakhs.

Student Life and Extracurricular Activities
* The college has a vibrant student body with numerous clubs and societies focused on various interests and hobbies.
* Students can participate in inter-college competitions, cultural festivals, and community service initiatives.
* Alumni rave about the college's emphasis on holistic development, citing the positive impact on their personal and professional growth.

Challenges and Limitations
* One of the primary concerns raised by students is the limitation of space, particularly in terms of accommodating large gatherings and events.
* Another challenge mentioned is the need for more faculty members with industry experience.
* Some students felt that the course curriculum could benefit from updates to reflect changing industry trends and demands.

Overall, while no institution is perfect, Narsee Monjee College of Commerce & Economics seems to offer a robust combination of academic rigor, industry connections, and extracurricular activities that can contribute to a fulfilling undergraduate experience.

{Source: B.Com students & alumni}

Pros:

* Attractive placements: With an average package of INR5 Lacs and companies like Morgan Stanley, KPMG, and Deloitte recruiting students, the college has a strong track record of placing its graduates.
* Good faculty: Teachers are highly qualified, knowledgeable, and helpful, with many possessing a PhD in their respective fields.
* Autonomy: The college has gained autonomy, allowing it to design its own curriculum and courses, which could lead to a more practical and industry-focused approach to education.
* Strong infrastructure: The college has modern facilities, including a well-stocked library, air-conditioned classrooms, and Wi-Fi enabled areas.
* Festivals and events: The college hosts several festivals and events, including the annual Umang festival, which provides a platform for students to showcase their talents and connect with peers.
* Scholarships: The college offers scholarships to deserving students, making it more accessible to a wider range of candidates.

Cons:

* Strict attendance policy: Students are expected to maintain a minimum attendance of 75%, and failure to meet this criterion can result in debarment from academic activity.
* Limited hostel facilities: The college does not have hostel facilities, making it challenging for out-of-town students to commute regularly.
* Limited sports facilities: While there are some sports facilities available, they may not be extensive enough to cater to the needs of all students interested in sports.

Conclusion:
Based on the strengths and weaknesses mentioned above, pursuing a B.Com at Narsee Monjee College of Commerce and Economics can be a worthwhile decision for students who prioritize career prospects, quality education, and extracurricular activities. However, students must be aware of the strict attendance policy and limited hostel facilities before making a decision. Additionally, students looking for a more comprehensive sports programme may want to consider alternative institutions.

Note: This answer is based on the provided information and does not represent the views of the college or any individual reviewer.

The College can bear of having a modern air-conditioned office block, modern well-equipped air-conditioned classrooms, well planned corridors and elevators. Every classroom is affixed with overhead LCD projector to facilitate the teaching learning process.

Faculty members at Narsee Monjee College of Commerce and Economics are outstanding and subject matter experts. They assist you in many ways, including course studies, speaking and counseling, and extra-curricular activities such as publishing a research paper.

{Source: BBM/BMS students & alumni}

Placement Cell Success Rate at Narsee Monjee College of Commerce & Economics

Based on the statements provided by students and alumni, here's an overview of the success rate of the placement cell:

* Companies: Reputed companies like TCS, Godrej, Pfizer, Infosys, and many more visit the campus for placements.
* Salary Packages: The highest salary package offered was INR3 LPA (lakhs per annum).
* Percentage of Students Placed: Around 70% of students opt for placements, while the remaining 30% decide to pursue higher education.
* Industry Exposure: The college provides opportunities for industry visits, seminars, and conferences, making students industry-ready.
* Faculty Support: Teachers are knowledgeable and helpful, sharing valuable information about preparing for the corporate world.

Overall, the placement cell at Narsee Monjee College of Commerce & Economics seems to be effective in securing jobs for BBM/BMS students. While individual results may vary, the cell's efforts appear to yield positive outcomes for most students.

Note: These findings are based solely on the statements provided and do not represent a comprehensive assessment of the placement cell's performance.

The list of recruiters that visited the college campus in recent years is presented below:

Narsee Monjee College of Commerce & Economics Placements 2023
Morgan Stanley	PwC	Deloitte
ICICI Bank	KPMG	EY
Tresvista Financial Services Pvt. Ltd.	Deutsche Bank	Hewlett Packard
Axxela Financial Services	Phillip Capital	Citi Group

As per the latest report, Axxela Financial Services offered the highest package of INR 14.10 LPA during the 2023 placements. The following table depicts the company-wise the highest package for Narsee Monjee College of Commerce & Economics placements 2023:

Company	the highest Package (2023)
Axxela Financial Services	INR 14.10 LPA
Futures First	INR 12.88 LPA
Deloitte India	INR 7.60 LPA
Barclays	INR 7 LPA
KPMG	INR 7 LPA

Narsee Monjee College of Commerce and Economics private college is accredited by NAAC, the college offers an impressive range of courses across 3 streams, namely Commerce and Banking, Management, and IT.The college has been consistently ranked among the top colleges for commerce and economics education in India.

According to unofficial sourcess, the majority of alumni of Narsee Monjee College of Commerce and Economics are working in Business Development (21%), followed by Finance (17%). To know the sector-wise alumni placements, check out the pie chart below:

NOTE: The ‘Others’ category illustrates the combined data of diverse sectors such as Entrepreneurship, Media and Communication, HR, IT, Arts and Design and Research.

Yes, Narsee Monjee College of Commerce and Economics in Mumbai has sports facilities for its students. The college encourages good sportsmanship and offers suitable facilities for indoor games. There is a spacious gymkhana with infrastructure and equipment for various sports and games. The college competes in games at all levels, from district to higher levels.

Yes, CUET (Common Undergraduate Entrance Test) scores are required for admission to Narsee Monjee College of Commerce and Economics. The admission process for the college involves equal weightage to class XIIth marks and CUET scores of the candidate. However, it is important to note that the admission process is conducted online and is in addition to the pre-admission registration process of the University of Mumbai. Additionally, the eligibility criteria for admission to the college varies depending on the course, and candidates seeking admission to B.Com must have passed the Higher Secondary School Certificate (Std. XII-Commerce) examination conducted by the Maharashtra State Board of Secondary and Higher Secondary Education or its equivalent examination.

The placements for BCom at Narsee Monjee College of Commerce and Economics are quite promising. The placement cell of the college has seen companies like KPMG, EY, PwC, JP Morgan, Morgan Stanley, and many other reputable companies visiting the campus for recruitment. The college has a decent record of placing its students, and roughly 60-65% of students get placed from the college itself. The average salary for BCom placements is around 3-4 LPA, with the highest package being 8 LPA. The college also provides internships with a stipend ranging from INR 5k-20k per month.

Narsee Monjee College of Commerce and Economics offers a wide range of courses at the undergraduate and postgraduate levels. The various programmes offered by the institute are mentioned in the table below:

Course Type	Course Name
UG	BCom, BCom (Hons), BCom (Accounts and Finance), BCom (Economics and Analytics), BSc IT, etc.
PG	MCom Banking and Finance, MCom Business Management, MCom Advanced Accountancy

The institute also offers a PhD programme in various disciplines.

The college has a capacity of 6,000 students and offers various courses including Bachelor of Management Studies (BMS), Bachelor of Commerce (BCom), Bachelor of Science (BSc IT), Master of Commerce (MCom), and Doctorate of Philosophy (PhD), it showcases a diverse range of educational opportunities across different levels.

This capacity indicates the overall student intake the college can accommodate across its HSC (Higher Secondary Certificate), undergraduate, postgraduate, and doctoral programs. Each of these courses likely contributes to the total student population, offering a variety of academic pursuits in fields like management, commerce, information technology, and research.

The college's ability to host this number of students indicates a substantial educational infrastructure and resources tailored to cater to the diverse needs of learners across different disciplines and academic levels.

The fees for Bachelor of Commerce at Narsee Monjee College of Commerce and Economics is mentioned below;

Year	1	2	3
Tution Fees	INR 50000	INR 50000
Total Year Wise Fees	INR 50,000	INR 50,000	INR 50,000

However, the fees for BCom at Narsee Monjee College of Commerce and Economics (NM College) vary depending on the course and the specialisation chosen. According to the college's official website, the fee for BCom (Hons) is INR 2,25,000 per annum, and for BCom (General), it is INR 1,60,000 per annum for the academic year 2023-24.

Both Narsee Monjee College of Commerce and Economics and K J Somaiya College of Arts and Commerce are reputable institutions offering B.Com programs. The choice between them depends on various factors like location, faculty, infrastructure, and extracurricular opportunities. Narsee Monjee College is known for its strong academic reputation and industry connections, while K J Somaiya College offers a diverse range of courses and a vibrant campus life. It's advisable to consider your personal preferences, career goals, and the specific strengths of each college before making a decision. Both colleges have their merits; a thorough evaluation of your priorities will help you make an informed choice.

{Source: B.Com students & alumni}

Success Rate of Placement Cell

* The placement cell is very good and provides great opportunities for students. (Multiple reviews)
* Most students from each class get placed, with around 50-60% getting jobs. (One reviewer)
* The college provides 100% assistance in finding internships, part-time jobs, or full-time jobs through its placement cell. (One reviewer)
* The placement cell is proactive and helps students prepare for interviews and assessments. (One reviewer)
* Around 80% of students appearing for interviews are selected. (One reviewer)

Companies Visiting Campus

* Big 4 companies like Deloitte, KPMG, EY, and PWC regularly visit the campus for placements. (Multiple reviews)
* Other multinational corporations like Morgan Stanley, Citibank, and Deutsche Bank also visit the campus. (Multiple reviews)
* Finance and accounting positions receive a significant number of job offers. (One reviewer)

Salary Packages

* The highest salary package offered is around INR 12 Lacs, while the average package is around INR 7.5 Lacs. (Two reviewers)
* The lowest salary package offered is around INR 2.1 Lacs, but most students receive higher packages. (One reviewer)

Overall, the placement cell at Narsee Monjee College of Commerce and Economics appears to be effective in securing jobs for B.Com students, with multiple companies visiting the campus and a significant percentage of students receiving job offers.