Narsee Monjee College of Commerce and Economics (NMCCE), commonly known as NM College, is a government-aided autonomous institution established in 1964 in Vile Parle West, Mumbai, Maharashtra. It is affiliated to the University of Mumbai and managed by the Shri Vile Parle Kelavani Mandal (SVKM), a charitable educational trust. The National Assessment and Accreditation Council (NAAC) has accredited NM College with an A grade (CGPA 3.42), and the college holds UGC Autonomous status.
The college is located in Vile Parle West, a central residential and commercial suburb of Mumbai, with a vibrant student community of over 6,000 students. The campus is a short distance from the Vile Parle railway station on the Western Line.
- BCom (Aided): Regular BCom programme under the aided quota at a subsidised fee
- BCom Self-Financing Specialisations: Accounting and Finance, Analytics, Economics, Financial Markets, Management Studies
- BCom Honours: Accounting and Finance, Economics, Financial Markets Management, and general BCom Hons
- Management: Bachelor of Management Studies (BMS)
- Technology: BSc Information Technology, BSc Hons IT, BSc Artificial Intelligence and Data Analytics
- Postgraduate: MCom in Advanced Accountancy, Banking and Finance, and Business Management
- Doctoral: PhD in Accountancy and Business Administration
Total fees for the aided BCom programme stand at INR 74,960 for the three-year duration. BCom self-financing specialisations range from INR 2,60,000 to INR 3,54,750, and BCom Honours courses are priced at INR 4,50,000 for the full three years. BMS is available at INR 2,76,500 under the self-financing stream.
In the 2023-24 placement season, the highest package was INR 22.55 LPA, with an average of INR 6.10 LPA. Top recruiters include Deloitte, EY, KPMG, Accenture, and Wipro.
NM College Admission Dates 2026
NM College Vile Parle Mumbai admissions for the 2026-27 academic session were completed via the Mumbai University Centralised Admission Process (MU-CAP) in June to July 2026. The session is now in progress. The next admission cycle for 2027-28 is expected to open in May 2027.
| Event | 2026-27 Cycle (Concluded) |
|---|---|
| MU-CAP Online Registration | May to June 2026 |
| Merit List Publication | June 2026 |
| First Round of Admissions | June 2026 |
| Session Commencement | July 2026 |
The table below shows the entrance exams accepted across different programme families at NM College.
| Programme | Exam / Basis | Mode |
|---|---|---|
| BCom (Aided / Self-Financing / Hons) | Merit-based on HSC Board marks via MU-CAP | No entrance exam |
| BMS | Merit-based on HSC Board marks | No entrance exam |
| BSc IT / BSc AI-DA / BSc Hons IT | Merit-based on HSC Board marks | No entrance exam |
| MCom | Merit-based on BCom marks via Mumbai University PG admission | No entrance exam |
| PhD | University Entrance Test plus research interview | Entrance-based |
NM College Courses and Fees
NM College offers a broad portfolio of commerce, management, and technology programmes across aided and self-financing streams. Aided-stream fees are subsidised by the government and significantly lower than self-financing equivalents. The college has progressively added Honours programmes in recent years to offer deeper specialisation at the UG level.
| Course | Duration | Eligibility | Total Fees |
|---|---|---|---|
| BCom (Aided) | 3 years | 10+2 pass (any stream) | INR 74,960 |
| BCom Accounting and Finance / Financial Markets / Management Studies | 3 years | 10+2 pass | INR 2,60,000 to 2,76,500 |
| BCom Analytics | 3 years | 10+2 pass | INR 3,54,750 |
| BCom Hons (General) | 3 years | 10+2 pass | INR 3,60,000 |
| BCom Hons (Accounting and Finance / Economics / Financial Markets) | 3 years | 10+2 pass | INR 4,50,000 |
| BMS | 3 years | 10+2 pass | INR 2,76,500 |
| BSc (AI and Data Analytics) | 3 years | 10+2 with Mathematics | INR 1,22,880 |
| BSc Information Technology | 3 years | 10+2 with Mathematics | INR 1,99,650 |
| BSc Hons Information Technology | 3 years | 10+2 with Mathematics | INR 4,50,000 |
| MCom (Advanced Accountancy / Banking and Finance / Business Management) | 2 years | BCom with 45% | INR 81,440 |
| PhD (Accountancy / Business Administration) | 3 years minimum | Relevant PG degree with 55% | INR 1,11,520 |
The BCom Hons programmes, introduced as four-year programmes under the National Education Policy 2020, carry the higher fee band of INR 4,50,000. The traditional three-year BCom in the aided stream remains the most economical entry point at INR 74,960 total for students from Mumbai and the surrounding region.
NM College Admission Process
Admission to all UG programmes at NM College Mumbai is merit-based, conducted through the Mumbai University Centralised Admission Process (MU-CAP). There is no entrance examination for any UG programme. Selection is based on HSC (Class 12) board marks with cutoffs that vary by programme and category.
BCom, BMS, and BSc Programmes (UG)
Eligibility for BCom and BMS requires a pass in HSC (10+2) under any board recognised by Mumbai University. The aided BCom stream requires 10+2 pass in any stream. Self-financing BCom specialisations and BMS may require slightly higher marks. BSc programmes require 10+2 with Mathematics as a core subject. Key steps:
- Register on the Mumbai University CAP portal during the application window (May to June)
- Enter college and course preferences
- Allotment is based on the HSC merit score after board-normalisation
- Report to NM College with original HSC and identity documents on the allotment date
NM College is among the most competitive colleges on the Mumbai University merit list. HSC cutoffs for the first merit list in popular streams like BCom (Accounting and Finance) and BCom Hons typically exceed 90 to 92 percent for the General Category. The aided BCom cutoff in some years has crossed 92 to 95 percent for open category students from the Maharashtra State Board.
MCom Programme (PG)
MCom admissions follow the Mumbai University PG centralised process. Eligibility requires a bachelor’s degree in Commerce with a minimum of 45% aggregate. Seat allotment is based on merit in the undergraduate programme, with preference given to University of Mumbai BCom graduates during the initial rounds. Self-financing MCom seats at NM College are also available for candidates from other universities.
PhD Programme
PhD admissions are conducted by Mumbai University via a written entrance test and research interview. Candidates with a valid UGC NET or CSIR NET qualification are exempted from the entrance test. Supervisors at NM College work primarily in Commerce, Accountancy, and Business Management domains.
NM College Placements
NM College Mumbai conducts campus placements primarily for BCom, BMS, and BSc IT graduates. Commerce and management graduates are most actively recruited into accounting, consulting, banking, and fintech roles, while BSc IT graduates are recruited for technology and data roles.
In the 2023-24 placement season, the highest offer was INR 22.55 LPA and the average package was INR 6.10 LPA. In the subsequent 2024-25 season, 140 students received placement offers with over 75 companies participating, with the highest offer at INR 14 LPA and a median of INR 6 LPA. The batch-year variation in highest packages reflects the mix of graduating specialisations each year.
| Sector | Key Recruiters |
|---|---|
| Consulting and Professional Services | Deloitte, EY, KPMG |
| IT and Analytics | Wipro, Accenture, Delta X |
| Banking and Finance | ICICI Bank, Axis Bank, HDFC Bank and similar BFSI recruiters |
A significant share of NM College graduates, particularly BCom students, pursue CA/CFA/CMA qualifications rather than campus placements. Many alumni from the aided BCom stream use the college as a launchpad for professional accounting certifications, with NM College’s alumni network in the Mumbai finance community being a noted strength of the institution.
NM College Rankings
NM College Mumbai holds strong national recognition among commerce colleges in India, anchored by consistent rankings from India Today and Outlook in the Commerce and Accounting categories.
| Ranking Body | Category | 2025 Rank |
|---|---|---|
| India Today | Commerce Colleges (India) | 6 out of 251 |
| Outlook | Accounting and Commerce (India) | 9 |
| NAAC | Accreditation | A (CGPA 3.42) |
NM College submits NIRF data but does not appear in the published NIRF Colleges ranked list. India Today’s ranking of #6 in Commerce among 251 colleges nationally reflects the institution’s consistent academic output and alumni outcomes in the Mumbai finance sector.
NM College Campus and Infrastructure
Narsee Monjee College of Commerce and Economics is located in Vile Parle West, Mumbai, adjacent to the Vile Parle railway station. The campus is compact and urban, reflecting the dense residential character of Vile Parle. The college has dedicated commerce, management, and technology blocks, a central library, computer labs for BSc IT and BMS students, and a seminar hall used for industry interaction and placement events.
NM College does not have on-campus hostel facilities. The college is well-served by Mumbai’s Western Railway line and bus connectivity, making it accessible from across Greater Mumbai. Student activity centres, cultural committees, and departmental associations are active throughout the academic year. NM College has a particularly strong tradition of alumni giving, with its notable alumni base in finance and the arts being a distinctive feature of the institutional community.
NM College vs HR College vs Jai Hind College
Students shortlisting top autonomous commerce colleges in Mumbai frequently compare NM College with HR College of Commerce and Economics and Jai Hind College. All three are affiliated to University of Mumbai, aided institutions with autonomous status, and are located within the Vile Parle to Churchgate corridor of Mumbai.
| Parameter | NM College Mumbai | HR College of Commerce | Jai Hind College Mumbai |
|---|---|---|---|
| Established | 1964 | 1958 | 1948 |
| NAAC Grade | A (CGPA 3.42) | A+ (CGPA 3.61) | A (CGPA 3.31) |
| India Today Commerce Rank 2025 | #6 out of 251 | Top 10 range | Not in top 10 |
| BCom (Aided) Total Fee | INR 74,960 | Comparable aided range | Comparable aided range |
| Management | SVKM | Hyderabad (Sind) National Collegiate Board | Jai Hind College Trust |
| Location | Vile Parle West | Churchgate | Churchgate |
NM College and HR College both draw from the same aspirant pool with HSC cutoffs typically exceeding 90 percent for competitive streams. HR College, located in Churchgate, has a slightly stronger NAAC score and is the preferred choice for students targeting South Mumbai campuses. NM College’s BCom specialisations and newer BSc technology programmes give it a broader programme portfolio. Jai Hind College serves a similar cohort but with a broader arts and science mix beyond pure commerce.
NM College FAQs
Ques. Is NM College Mumbai a government college?
Ans. NM College is a government-aided autonomous institution managed by SVKM (Shri Vile Parle Kelavani Mandal). It is not a government-owned college, but government aid keeps the fees for the aided BCom stream very low at INR 74,960 total for three years. Self-financing specialisations and Honours programmes carry higher fees in the INR 2.6 to 4.5 Lakh range.
Ques. What is the HSC cutoff for NM College BCom?
Ans. NM College BCom admission is merit-based on HSC board marks via Mumbai University CAP. For the aided BCom stream, the General Category first merit list cutoff typically exceeds 90 to 95 percent depending on the board. Maharashtra State Board students require higher raw marks due to board-specific normalisation in the MU-CAP formula. Cutoffs vary year on year with the HSC pass statistics.
Ques. What is the total fee for BCom at NM College Mumbai?
Ans. The total fee for the aided BCom programme is INR 74,960 for three years. BCom self-financing specialisations (Accounting and Finance, Financial Markets, Management Studies) cost INR 2,60,000 to 2,76,500. BCom Analytics is INR 3,54,750 and BCom Honours programmes are INR 4,50,000 for the full duration.
Ques. Does NM College Mumbai have a hostel?
Ans. No. NM College does not have on-campus hostel facilities. Students from outside Mumbai typically find private paying guest (PG) accommodation in the Vile Parle and Andheri areas, which are well-connected to the college via Western Railway.
Ques. What is the highest salary package from NM College placements?
Ans. The highest package recorded at NM College placements in 2023-24 was INR 22.55 LPA. The average package was INR 6.10 LPA. In 2024-25, the highest offer was INR 14 LPA with a median of INR 6 LPA and 140 students placed across 75+ companies. Top recruiters include Deloitte, EY, KPMG, Wipro, and Accenture.
Ques. Is NM College Mumbai good for Commerce aspirants?
Ans. NM College is ranked #6 in Commerce by India Today 2025 among 251 colleges nationally, making it one of the top commerce institutions in India. For aspirants targeting the Mumbai finance ecosystem, CA/CFA professional tracks, or consulting careers, NM College’s Mumbai location, SVKM ecosystem, and alumni network make it a strong choice. The aided BCom stream offers exceptional value at INR 74,960 for three years.
Ques. Is NM College better than HR College Mumbai?
Ans. Both are premier commerce colleges in Mumbai with comparable aided fees, NAAC accreditation, and proximity to the Mumbai finance industry. HR College holds an A+ NAAC grade (vs NM College’s A) and is located in Churchgate, closer to Mumbai’s financial district. NM College offers a wider range of specialisations including BCom Analytics and BSc AI programmes not available at HR College. The right choice depends on preferred specialisation and location within Mumbai.
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Admission to Narsee Monji College of Commerce and Economics (NMCCE), Mumbai, is based on Class 12 merit under Mumbai University norms. For some courses, students must appear for the Mumbai University Common Management Aptitude Test (MU-CMAT) or college-level entrance as notified. Selection depends on cut-off lists and eligibility criteria.
NMCCE offers a B.Sc (Information Technology) program, however it does not offer the BSc in data science
The fees for the BCom Hons are mentioned below:
The applications for admission to NMCCE are submitted in two phases. Candidates must fill the Pre-Admission Online Registration form on the official website of Mumbai University, followed by filling up the Online Admission Form on the college website after his/ her name appears in the merit list.
The range of fees for NMCCE for the academic year 2025-2026 will depend on the various courses and specializations. The fees charged by NMCCE range from INR 37500 to INR 5.06 Lakhs for the duration of the course. Undergraduate course fees range from INR 60000 to INR 5.06 lakhs, with the postgraduate M.Com program costing INR 80000 for the entire duration of the program.
For B.Com at NMCCE, fees range between INR 60000 and INR 5.06 Lakhs based on the branch and admission category. BMS fees range from INR 1.67 Lakhs to INR 2.23 Lakhs. M.Com fees are fixed at INR 80000. The variation in fees would benefit students seeking quality education in management, commerce, and science streams.
Applications for admission will have to be submitted in two phases. Candidates must fill Pre-Admission Online Registration form in the official website of Mumbai University, followed by filling up of Online Admission Form in the college website after his/ her name appears in the merit list.
Steps to apply in the official website of college are as below:
Narsee Monjee College of Commerce and Economics does not provide its own hostel facilities. However, there are several private hostels and paying guest accommodations in close proximity to the college, offering various amenities.
Admissions at NM College for all courses (except BMS) are offered based on marks secured in the qualifying examination in both categories. However, the college is now taking admission for the BMS program through a Common Entrance Test by State Cell Maharashtra (MH-CET) as per the new guidelines by Mumbai University. Aspirants are also required to fill the Admission form on the official website of NM College (nmcollege.in).
Yes, the NMIMS NPAT (NMIMS Programs After Twelfth) application forms for the Bachelor of Business Administration (BBA) program are currently open. The registration process commenced in the first week of December 2024.
The admission process for undergraduate courses at NM College Mumbai for the academic year 2025-2026 is expected to commence in June 2025.
Applications for admission will have to be submitted in two phases. Candidates must fill Pre-Admission Online Registration form in the official website of Mumbai University, followed by filling up of Online Admission Form in the college website after his/ her name appears in the merit list.
The cutoff has not been specified, you can register an download the brochure for the detailed information about the courses.
Aspirant seeking admission to the program must have passed the Higher Secondary School Certificate (Std. XII) examination conducted by the Maharashtra/ other Indian State Boards or equivalent examination or Diploma program in any Engineering Branches with two years or three years after SSC conducted by the Board of Technical Examination or its equivalent examination
No, there is no entrance examination for admission to B.Com. in NM College. The admission to the course is based on Merit basis.
You need to contact directly to the NM College to know the registration for entrance examinations are open or not.
Admission date has not been announced yet at the Narsee Monjee for the academic year 2024-25.
Admissions to all the UG and PG courses at NMCCE are done on the basis of merit as per the University of Mumbai guidelines. The cutoff for open category candidates at NMCCE ranges from 89% to 97%, depending on the courses.
Is there an entrance exam
NMCCE follows different admission criteria from course to course. You can check the course wise admission process on below link
Link: NMCCE Admission 2023
The total fee structure for BBA course at the college is INR 1,50,000 for 3 years.
If you have completed B.Com then you can apply for M.Com at Narsee Monjee College Of Commerce And Economics. You can apply online through the website.
You can pursue commerce-related courses like B.Com and BMS with CFA. Admission to these courses is merit-based. You can check out more details regarding Narsee Monjee College Admissions