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Top 10 Commerce Colleges in Mumbai

Top 10 Commerce Colleges in Mumbai

After school, when it is time to enter into the real world and decide how your future will be is dependent on your career choices.

College is not just about higher education, but it also prepares you for having a clear vision and objective with regard to your future. Higher studies also prepare you to tackle outer world issues.

There are several colleges all over India to choose from. But when it comes to the quality of education, you don’t want to take any chance.

Hence, selecting the best college becomes a necessity and therefore in this article I tried to provide you the list of top commerce colleges in mumbai If you come from a commerce background, your main focus is to look for a college that provides you with ultimate knowledge and guidance that you can apply in the real world.

If you are particularly from Mumbai or planning to continue your studies in Mumbai, it becomes beneficial since Mumbai is also known as the financial capital of India.

Here are some tips you can use to understand better about your career choice:

  • This is the time when you can enhance your skills with proper guidance and turn your passion into a profession.

  • Be realistic with what you can achieve at a time. Everything is achievable if appropriately planned. Daydreaming will only cost you time. It would be better to start working for what you want to achieve.

  • Social interaction in college will allow you to broaden your range of communication and give you a boost of confidence to present your thoughts without the fear of being judged.

  • Make new friends and connections. These connections will help you in getting in touch with more career opportunities.

The feature that makes any college evidently the best are must good infrastructure, legacy, exponential upgrading in academic excellence, provide a significant number of courses to pick from.

Here is a list of the top ten colleges in Mumbai that you can choose if you are planning for further studies:

Best/Top Commerce Colleges in Mumbai (2022)

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1. Narsee Monjee College of Commerce and Economics:

Narsee Monjee College stands on the seventh rank in the list of best commerce colleges in Mumbai.

It was founded by Shri Vile Parle Kelavani Manda. It runs with the capacity of around 6000 students and provides higher secondary, undergraduate, and post-graduate certified courses in the field of commerce.

It offers a well-established infrastructure with modern technologies. 

It also provides hostel facilities to the students who live far from home. It is an ‘A’ Grade approved by NAAC. It also has a record of 87 placements in the year 2020 itself. The median salary package for the undergraduate is around 4 LPA.

It is also considered in the top 20 Commerce colleges in India. Narsee Monjee College is affiliated with the University of Mumbai.  Here are the courses offered by  Narsee Monjee College:

  • Bachelor of Commerce

  • Bachelor of Commerce in Accounts and Finance (BAF)

  • Bachelor of Commerce in Financial Markets (BFM)

  • Bachelor of Management Studies (BMS)

  • Bachelor of Science in Information Technology

  • Master of Commerce

Features

  • Established in the year: 1964
  • Approved by: NAAC
  • Approx fees: 35000 (first-year fees)
  • Rating and reviews: 4.3 out of 5
  • Facilities available: Classrooms with LDC projectors, computer laboratories, conference rooms, auditorium, cafe, and a 300-seat library.
  • Highest salary offered: 13 LPA.

2. Mithibai College

The full name is Mithibai College of Arts, Chauhan Institute of Science, and Amrutben Jivanlal College of Commerce and Economics.

It was established in the year 1961 in Vile Parle. Mithabai college is affiliated with the University of Mumbai, and recently in 2018,

UGC granted it a self-ruling status. It is ranked at 4th position all over Indian colleges. Mithabai college is a prestigious college that provides 26 Under Graduate courses, 17 

Post Graduate courses, and 7 PhD courses in various streams of Arts, Science, and Commerce. Their placement drive is famous for great job securing op portunity since so many big companies take part.

The starting packages are more than any other college's average package. It also provides you with the opportunity to work with great companies from your initial career stage.

Their scholarship program consists of 13 scholarships that aid in securing a better future for bright students.

Few of the top companies that take part in placement drives are :

  • Future First
  • Morgan Stanley 
  • Tech Mahindra

The number of courses offered is mentioned below:

  • Bachelor of Arts
  • Bachelor of Science
  • Bachelor of Commerce
  • Master of Arts
  • Master Science
  • Master of commerce
  • PhD

Features

  • Established in the year: 1961
  • Approved by: UGC, AICTE
  • Approx fees: INR 1.60 lakh (Total fee)
  • Rating and reviews: 10 by India Today for Commerce
  • Facilities available: Braille Embosser in the library, access to e-library, smart interactive boards in the classrooms, holistic wellness centre, Human excellence centre, and Integrated research centre.
  • Highest salary offered: 19.5 LPA

3. H.R College of Commerce and Economics

The Hassaram Rijhumal College of Commerce and Economics was established in 1960.

It is one of the best Commerce colleges all over India. It is affiliated with the University of Mumbai.

It has been accredited with an ‘A’ Grade by NAAC, the national assessment and accreditation council.

Hyderabad National Collegiate Board runs the college. The curriculum is provided by the University of Mumbai. It provides several programs, and the admissions are based on the merit list.

It offers two specializations under its PhD course, including business policy and Administration and business economics. It prepared you to thrive in the outer world with well-versed knowledge of economics and administration.

The placement reaches up to 78%. Hence, 3/4th of the students get placement through the college placement drive itself. 

The courses offered by H.R colleges are as follows:

  • Master of commerce

  • Bachelor of Commerce

  • Bachelor of Vocational degree course

  • Bachelor of Mass Media

  • Bachelor of Management studies

  • Bachelor of Finance and accounting 

  • Bachelor of Finance Market

  • PhD

Features

  • Established in the year: 1960
  • Approved by: NAAC
  • Approx fees: INR 54,486(Total fee)
  • Rating and reviews: 4.2 out of 5
  • Facilities available: Good infrastructure, hygienic canteen, well-equipped classrooms, labs with wi-fi facility.
  • Highest salary offered: 4 LPA

4. Ramniranjan Anandilal Podar College of Commerce and Economics

The Ramniranjan Anandilal Podar College of Commerce and Economics was established in 1942.

It was set up by Seth Ramdeoji Anandilal Podar. It was established when India was on the verge of Independence.

It is categorized as one of the top ten colleges in Mumbai and is provided ‘A’ Grade Status by NAAC. It is a self-regulatory college. It provided various Commerce courses to pick from.

The college runs various academic programs to increase engagement among students and help them perform well in real-life implementation situations.

The curriculum is prepared in such a way that it improves the student's leadership skills and enhances the time management area.

It also helps the student in maintaining an interactive relationship with the faculties. The college also offers scholarships to economically backward students and excellent brains. It offers.

  • Bachelor of Business management
  • Bachelor of Commerce
  • Master of commerce
  • Bachelor of Management studies
  • Master of Commerce in Business Management
  • Master of Commerce in Accountancy
  • PhD.

Features

  • Established in the year: 1942
  • Approved by: NAAC
  • Approx fees: INR 15500 to 47500 (depending upon the course)
  • Rating and reviews: 4.3 out of 5
  • Facilities available: Good infrastructure, reading hall with a capacity of 400 students, electronic and audio visual devices, smart board classrooms, seminar hall, Auditorium, Research and development cell, connectivity from, green gym
  • Highest salary offered: 8.5 LPA

5. D.G. Ruparel College of Art, Science, and Commerce

D.G Rupal college of arts, science, and commerce is one of India's top twenty commerce colleges.

The full anime of the college is Doongarsee Gangjee Ruparel College. It was established in 1952.

Hence it also comes on the list of a few of the oldest colleges in India

India has always been known for its knowledge and intelligence in the field of commerce

The D.G Rupal college focuses the most on the courses offered in the field of commerce. The motto of the college is ‘for the spread of light.’ It is located in Matunga, Mumbai.

After completing 60 golden years, the college still stands among the top colleges in India. The modern Education Society has been established for higher education in Mumbai.

It provides several courses and scholarships for its students. The courses offered by D.G Rupal college are :

  • Bachelor of Arts

  • Bachelor of Science

  • Bachelor of Commerce

  • Bachelor of Business management 

  • Bachelor of Management studies

  • Master Science

  • Master of commerce

  • PhD

Features

  • Established in the year: 1952
  • Approved by: NA
  • Approx fees: NA
  • Rating and reviews: 3.7 out of 5
  • Facilities available: Good infrastructure, a library for reading, canteen, playground, seminar hall, Auditorium.
  • Highest salary offered: 6.5 LPA

6. Lala Lajpat Rai College of Commerce and Economics

Lala Lajpat Rai College of Commerce and Economics is famous for its commercial and management studies.

It is a private institution that is accredited by NAAC. It offers a wide range of courses in the field of commerce and economics.

It was set in 1972 to provide elaborated education and training to the students and make them achieve heights on international levels. 

It worked towards making its students globally active.  Their main objective was to develop a holistic approach vision in their students and emphasize research-based studies.

It was set up after the memory of the great freedom fighter, Lala Lajpat Rai. The campus is spread over the area of one acre and is facilitated by Library, sports facilities, wifi, research programs, interaction room.

The college offers a commerce program, bachelor of Commerce, with a tuition fee of around 1.54 Lakhs for the whole course. It has a capacity of 480 students.

They believe in working on the brains that are actively focused in the field of commerce. The other courses offered by Lala Lajpat rai College of Commerce and Economics are from various streams of:

  • Arts, Humanities, and Social Science

  • Commerce

  • Computer Applications and IT

  • Management and Business administration

  • Media, Mass Communication, and Journalism

  • Science

The courses offered are:

  • BMS: Business Management Studies

  • B.Com: Bachelor of Commerce 

  • BMM: Bachelor of Mass Media

  • B.Sc: Bachelor of Science

  • M.Com: Master of Commerce

Features

  • Established in the year: 1972
  • Approved by: NAAC
  • Approx fees: 49,700 to 72,500 (depending upon the course)
  • Rating and reviews: 4.3 out of 5
  • Facilities available: Library, sports facilities, wifi, research programs, interaction room
  • Highest salary offered: 14 LPA

7. Kishinchand Chellaram College

It was established by HSNC Educational trust in the year 1954. It focuses on commerce and economic skills.

It offers courses in various streams like science, arts, humanities, social science, commerce, Computer Applications and IT, Management, and Business Administration. 

It is affiliated with the University of Mumbai.

It provides higher secondary, undergraduate, and post-graduate programs and doctorate-level courses.

The median package offered to the student in placement lies between 5 to 5.5 LPA. It is listed in the top ten commerce colleges list in Mumbai and the top 20 commerce colleges list in India.

The admission depends upon the merit list, and the doctorate program admission is based on a personal interview held by the college itself.

With the FIST fund program by the Department of science and technology by the Government of India, it was awarded star college status.

The  Kishinchand Chellaram College provides the below-mentioned courses:

  • BMM: Journalism and Advertising

  • MA: Mass Communication & Journalism, Entertainment, Media and Advertising, and Hindi

  • B.Sc: Marketing, Human Resource, and Finance

  • M.Sc: Statistics, information technology, chemistry, and Biochemistry

  • M.Com

  • BA: Psychology, Film, Television and New Media Production, English, Political Science, Economics, History, Statistics, Ancient Indian Culture, Sociology, and Hindi

  • BMS: Marketing, Human Resource, and Finance

  • PhD: Hindi, Organic Chemistry, and Nuclear Radiochemistry

Features

  • Established in the year: 1954
  • Approved by: NA
  • Approx fees: Around INR 94000 (depending upon the course)
  • Rating and reviews: 4 out of 5
  • Facilities available: Spacious and well-kept classrooms, good canteen, sports facilities, college events, mess food, library, hostel, separate departments
  • Highest salary offered: 4.25 LPA

8. Jai Hind College

Jai Hind College is a private institution that was set in Mumbai in the year 1948. It also provides junior college degrees with regular degrees.

The Alumni prove the effective response of this college in their life. Priyanka Chopra, Aishwarya Rai, John Abraham, Sunil Dutt, Shaan, and Kiara Advani are all pass outs from this college and are touching heights today. The college provides several 

programs  with certificate programs in skill development and value-added courses. It has 12 UG, 5PG, and one research program. 

The college not only works on the educational aspect but also enhances the skills and talent of the student by offering skill development courses.

It also teaches the student to be self-dependent at an early age and improves the commercial attitude.

It has been awarded the best college award by UGC, New Delhi, and is also among the top 10 colleges in India. It also managed to score the first position at 26th International Economic Convention.


Here is a list of courses that Jai Hind College offers:

  • B.A:  Economics, Political Science, Psychology, History, English, Hindi, and Philosophy

  • B.Sc: Physics, Comp. Science, Mathematics, Bio-Tech, Life Science, Botany, and Microbiology.

  • B.Com: Financial Marketing, Accounting & Finance, Economics, Banking & Finance, and Business Communication Accountancy

  • M.Sc: Biotech and Chemistry( Analytical, organic, inorganic, and Physical)

  • M.Com: Marketing, Accounting & Finance, Economics, Banking, Taxation, Communication Accountancy

  • BBI/BAF/BFM/BMS: Finance and Management

  • BMM: Mass Media

  • B.Voc: Software Development, Travel and Tourism

Features

  • Established in the year: 1948
  • Approved by: NAAC
  • Approx fees: INR 60000(depending upon the course)
  • Rating and reviews: 4.4 out of 5
  • Approximate fees: Rs. 30,000
  • Facilities available: Sports ground for all the outer sports, gym, well furnished digital classroom, library, hostel, cafeteria, medical facilities, wi-fi campus, auditorium, shuttle service
  • Highest salary offered: 13 LPA

9. KJ Somaiya College of Arts and Commerce :

This college runs through the Hyderabad Sind National Collegiate Board.

It was set in the year 1959 and is provided an ‘A’ Grade by NAAC. It is among the top 10 colleges in Mumbai for commerce.

It offers 222 different courses in three streams of commerce, science, and arts. It is affiliated with the University of Mumbai.

 The campus is located on 65 acres and is fully facilitated with modern amenities. It is UGC approved and accreditations ‘A’ Grade by NAAC.

It is ranked 18 among the best commerce colleges in India. It has a capacity of 6500 

students and provides 25 courses in commerce and arts streams.  The campus is named Somaiya Vidyavihar. The admissions are merit-based and provide a full-time mode of education. The top runners in the placement cell are

  • ICICI

  • HDFC Bank

  • Tata Consultancy Services

The courses offered by  KJ Somaiya College of Arts and Commerce are

  • BA

  • B.Com

  • MA

  • M.Com

Features

  • Established in the year: 1959
  • Approved by: UGC
  • Approx fees: INR 8800 to 16900 per year (depending upon the course)
  • Rating and reviews: 4.2 out of 5
  • Facilities available: Gym, well furnished digital classroom, library, hostel, cafeteria, medical facilities, wi-fi campus, auditorium.
  • Highest salary offered: 4 LPA

10. St.Xavier’s College

It was set in the time when Romans were in India. It was established in 1869 for junior education, making it one of the oldest colleges in India.

For higher education, later in the year 1955, a higher education institute was developed in Ahmedabad. It is a Roman Catholic college and is affiliated with

The University of Mumbai. It is a private institution. It is spread over 12.3 acres of area with all the facilities and amenities.

It is presented with an ‘A’ Grade by NAAC. It is recognized by UGC and offers 15 courses across six streams. Admission is based on the merit list and entrance test.

The streams covering all the offered courses are Sciences, Arts, Humanities, and Social Science, Computer, Applications and IT, Commerce, and Education. Recently, growth in the number of placement offers has been noticed.

The initial salary package lies between 3 to 7 LPA. The top recruiters that participate in the placement program are:

  • Accenture

  • Axis Bank

  • Crisil

  • Mahindra & Mahindra

  • SAP

The courses offered by St.Xavier’s College are:

  • B.Sc

  • B.M.M

  • B.Com

  • B.A

  • BMA

  • M.Sc

  • M.A

Features

  • Established in the year: 1869
  • Approved by: UGC
  • Approx fees: INR 7000 to 75000 per year (depending upon the course)
  • Rating and reviews: 4 out of 5
  • Facilities available: The Goethals Indian Library Research Society, Career Oriented Programme (COP), Computer Centre, Student's Counselling Center, Educational Multimedia and Research Centre (EMRC)
  • Observatory, Entrepreneurship Development Cell, Placement Cell.
  • Highest salary offered: 30 LPA

Conclusion

College is the building block of your career. The choices of your subject, college, and courses are responsible for shaping your future. Hence, a clear mindset is necessary before jumping to a conclusion.

It is better to sit with yourself and evaluate which subject interests you the most, what you want to pursue as your career, and are you even ready to process all the information.

In selecting the course and college you should first research What are the top commerce colleges in mumbai? All the aspects of the college and facilities contribute to making it the best option.  This is a list of the top ten commerce colleges in Mumbai.

This list will help you make a better choice if you want to work in the field of Commerce and Economics in the future. These colleges are all NAAC ‘A’ Grade listed and also come under the top twenty commerce colleges in India.

Frequently Asked Question

Q1. Which college is better for commerce in Mumbai?


Narsee Monjee College is ranked at the top among the best colleges for commerce in India. It is located in Mumbai. It was established in 1964.


Q2. Which college is best after 12th commerce in Mumbai?


The best college depends upon the stream you wish to opt for. If you wish to continue your higher studies in the field of commerce, Jai Hind, Narsee Monjee College are among the best colleges.



Q3. Which college is number 1 in Mumbai?


Sardar Patel institute of technology is ranked at the top among the best colleges in Mumbai. It offers various courses in the field of science and technology.



Q4. Which college is best for B Com in Mumbai?


Mithibai college of arts is one of the best colleges in Mumbai in the field of Commerce and Economics. It provides several other courses with Post graduation and Doctorate certificate as well.

Here are my best picks:

Also Read: Check out my reviews of the best image editing software, the top choices for video editing software, and my full guide to start a blog for beginners.

prakash

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About the Author

Prakash is a passionate individual who loves to live his life up to full potential. An avid traveller and reader, he loves to explore various places and has quite a knack for research. He is intuitive by nature and possess the ability to handle multiple informational resources at one time. Prakash is dedicated and sincere in approach and he loves networking with like-minded people.

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