Top B.Com Colleges in Mumbai 2024

B.Com is the short form for Bachelor of Commerce, the second most popular course undertaken by students in the commerce stream. It is a three-year undergraduate program that is offered both on-campus and online. In addition to the compulsory subjects provided by the institutions, students may select electives from the college's offered list of electives.

The Bachelor of Commerce degree equips learners with an in-depth understanding of the discipline concerning the area they choose to focus on. 

During their B.Com course, students learn about several issues that affect business and trade, such as import and export legislation, accounting concepts, etc. 

B.Com admissions are typically based on a candidate's grade 12 grades; however, some universities admit students to the program based on their performance in national or state level entrance exams.

When it comes to the country's top commerce colleges, Mumbai is home to some of the best. The commerce institutions in Mumbai are well regarded by students and those in the teaching profession.

These colleges are a preferred destination for all B.Com hopefuls due to their excellent infrastructure, comprehensive curriculum, and world-class amenities. The top B.Com institutions in Mumbai are listed below, along with their prices, admission criteria, cut-off, and so on. It also discusses the many job choices accessible after completing the course and the estimated average wage.

Top 10 B.Com Colleges in Mumbai by NIRF Ranking 2021

Mumbai, India's financial and economic hub, is one of the top BCom locations in the country. BCom institutes in Mumbai provide high-quality education as well as reasonable placement rates. It is also a center for education in management, technology, and related fields.

Bachelor of Commerce (BCom) is a three-year undergraduate degree program that attracts many students around the country each year. 

BCom courses include BCom (Pass) or BCom-General, BCom (Honors), and BCom LLB. It is the most incredible option for students interested in careers in Commerce, Accounting, Finance, Banking, and Insurance. Several agencies in India offer college ratings, such as NIRF and Outlook India. They provide ratings to colleges from the streams of engineering, medicine, B.Com, and a few other fields. The grade could be further segmented among public and private institutes. 

When ranking an institute, many agencies consider various elements, including placement records, faculty standards, teacher-to-student ratio, perception of the institute, and other such data.

The National Institutional Rating Framework (NIRF) is a Government institution tasked with ranking various institutes and universities based on a set of standards and metrics developed by the Ministry of Human Resource Development.

According to the NIRF 2021 rankings for Mumbai, no B.Com college from Mumbai could make it to the top 10 list. However, some of the top Universities and Colleges of Mumbai, which are the preferred destinations for studying B.Com, are among the top 100 rankings of NIRF.

Name of the Institute

NIRF Ranking 2021

NIRF Score

SVKM's Narsee Monjee Institute of Management Studies

55

45.44

Mumbai University

71

41.56

Padmashree Dr. D. Y. Patil Vidyapeeth, Mumbai

72

41.47

Top Private B.Com Colleges in Mumbai: NIRF Ranking


The National Institutional Rating Framework (NIRF) assigns ranks to India's participating government and private institutions from various streams like B.Com, Engineering, etc. 

There are a few top B.Com colleges in Mumbai, although not included in the NIRF rankings for 2021 or previous years, are among the best institutions in the city for studying B.Com. 

Mumbai University, Padmashree Dr. D. Y. Patil Vidyapeeth, Mumbai, ASM's Institute of Management & Computer Studies (IMCOST), Mithibai College, St. Xavier's College, Mumbai, Amity University Online, Narsee Monjee College of Commerce & Economics (NM College), etc. are all excellent places to study B.com.

Top B.Com Colleges in Mumbai - Highlights

Aspirants can pursue a career in commerce at the undergraduate (UG), postgraduate (PG), diploma, and doctoral (PhD) levels.

Commerce as a profession provides students with a multitude of professional opportunities to explore and conquer. Prospects interested in a career in commerce can pursue undergraduate, graduate, integrated, or doctoral degrees. BCom graduates can find employment in both the public and private sectors. They can join entry-level positions in a variety of industries such as finance, accounting, and so on and prepare for competitive tests for government employment.

top bcom colleges in mumbai highlights

Commerce is one of the most acknowledged and promising subjects of study available to students, and it can lead to a successful career.

Those curious about pursuing a career in business have a variety of options. Accounting, Finance, Financial Planning and Analysis, Sales and Marketing, Corporate Banking, and Financial Modeling are some of the most prominent specializations.

We provide you with a comprehensively researched list of the top B.Com colleges in Mumbai, along with information on placement statistics, rankings, job opportunities, etc.

The top B.Com colleges in Mumbai include Mumbai University, Mithibai College, St. Xavier's College, Mumbai, Amity University Online, Narsee Monjee College of Commerce & Economics (NM College), H.R College of Commerce and Economics, K.G. Somaiya College of Arts and Commerce, Jai Hind College, Kishinchand Chellaram College among others.

Other major courses offered by the leading B.Com institutions in Mumbai include B.Com Hons, B.Com Professional Accounting, B.Com Computer Applications, B.Com Banking, and Insurance. The administration of entrance exams, direct admission on merit, and the appraisal of candidates' qualifications decide enrollment in the best B.Com colleges in Mumbai.

Individuals looking for B.Com admissions in Mumbai can review the information in the table below.

Parameters

Details

Number of Commerce Colleges

Types of Colleges

Government/ Public: 

Private: 

Colleges Affiliated to

UGC (University Grants Commission)

NAAC (National Assessment and Accreditation Council)

Admissions Through Entrance Exams

Entrance Exams

Merit-Based

Top Courses

  • B.Com (General)
  • B.Com Hons
  • B.Com Professional Accounting
  • B.Com Computer Applications
  • B.Com Banking and Insurance

Specializations/Branches

  • Accounting
  • Finance
  • Financial Planning and Analysis 
  • Sales and Marketing
  • Corporate Banking
  • Financial Modeling
  • Investment Operations
  • Risk Management
  • International Accounting

Average Fees

13230 - 1,20,000 (Approximately)

Top 10 B.Com Colleges in Mumbai - Fee 


Following is a list of the top ten B.Com colleges in Mumbai, along with an estimate of the typical tuition expenses charged by each of them. Please find the following section for more information.


Admission Process of Top B.Com Colleges in Mumbai

As aforementioned, Mumbai has a total of 204 B.Com colleges. 

When determining the minimum cut-off marks for BCom admission in Mumbai colleges, the total percentage of candidates passing in Commerce in the board examinations, the highest score in Commerce, the average score in Commerce, the minimum cut-off marks from the previous year, and other factors are taken into consideration.

The top B.Com Colleges in Mumbai follow the admissions process outlined below.

  • The admission process commences with the launch of the availability of the application form.
  • Some Universities accept application forms online only, while some prefer online and offline.
  • Once the application form submission is completed, students will be assigned admission based on entrance tests or merit or a combination of both.
  • Though the entrance process differs from college to college, it is primarily based on grade 12 marks. 
  • Applicants with a minimum of 50 percent marks can apply for admission through the merit procedure to the colleges of their choice.
  • Admission is dependent on cut-offs established by these universities during the counseling process.
  • The cut-offs differ amongst colleges, ranging from 50% to more than 90%, depending on the college or university.
  • The cut-offs differ amongst colleges, ranging from 50% to more than 90%, depending on the college or university. 
  • After passing that round, students must ensure admission by providing documentation and paying the tuition costs and other fees. 
  • Admission will be guaranteed only after successful document verification and payment of costs.

Top B.Com Colleges in Mumbai - Based on Course Fee 

Before choosing the best B.Com colleges in Mumbai, applicants should consider the fee structure of the colleges as well as other aspects. 

The below information will enable the candidates to compare colleges based on the amount of money they will need to spend on tuition fees. It is recommended that candidates choose a college only after extensively researching all of the institution's facilities and the total expenditures.

Top Government B.Com Colleges in Mumbai with their Course Fee

Below we have curated the list of the top Government B.Com colleges in Mumbai along with their course fees (approximately). 

It is worth mentioning that although fees are a critical factor while choosing a college, students must review the placement assistance, teaching methodologies, college infrastructure, etc., before joining the course.

Name of the College

Course Fees (INR) (Approximately)

Kishinchand Chellaram College

16,110 - 57,210

Mumbai University (Public State University)

23,262


Top Private B.Com Colleges in Mumbai with their Course Fee

The following is a list of the best private B.Com institutions in Mumbai, together with information on their approximate course fees.

Name of the College

Course Fees (INR) (Approximately)

St Xavier’s College

23,361

KJ Somaiya College of Science and Commerce

28,840

Jai Hind College

15,800 - 58,400

Bhavan's College

16,510

Mithibai College

16,170 - 55,770

Wilson College

4170

Nagindas Khandwala College

17,221

SIES College of Arts Science and Commerce

15,225

Ramniranjan Jhunjhunwala College (Autonomous Status)

17,410 - 65,360

H.R. College of Commerce and Economics

18,162 (per year)

Guru Nanak Khalsa College of Arts, Science and Commerce

23,250 - 91,950

KJ Somaiya College of Arts and Commerce

22,840 - 70,660

Kirti M Doongursee College of Arts Science and Commerce

51,560

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

22,950

V G Vaze College of Arts Science and Commerce

17,110 - 57,060

Ramanand Arya DAV College

18,660 - 54,760

Siddharth College of Arts Science and Commerce

18,290 - 55,980

Rizvi College of Arts Science and Commerce

19,210 - 70,530

Chetana's Hazarimal Somani College of Commerce and Economics Smt Kusumtai Chaudhari College of Arts

17,100 - 55,720


Top B.Com Colleges in Mumbai: Cutoff 

Admission cutoffs are established by colleges during the counseling and enrollment process, depending on various factors. Aspirants that achieve the cutoff will have a better chance of being accepted into college. Find the cut off for the top B.Com Colleges in Mumbai in the table below.

College/University Name

Cutoff (Tentative %)

Kishinchand Chellaram College

91.38 

St Xavier’s College

95.8

KJ Somaiya College of Science and Commerce

85.85

Jai Hind College

87.07 - 90.98

Bhavan's College

82.98 - 90

Mithibai College

88.82 - 95.4

Wilson College

83.17 - 93

Nagindas Khandwala College

54.67

SIES College of Arts Science and Commerce

66.33

Ramniranjan Jhunjhunwala College (Autonomous Status)

79 - 84.67

H.R. College of Commerce and Economics

93.80 - 95

Guru Nanak Khalsa College of Arts, Science and Commerce

63.5 - 84.67

KJ Somaiya College of Arts and Commerce

85.85 - 88.20

Kirti M Doongursee College of Arts Science and Commerce

80

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

74.77 - 80.92

V G Vaze College of Arts Science and Commerce

86.15 - 89.23

Ramanand Arya DAV College

TBA

Siddharth College of Arts Science and Commerce

TBA

Rizvi College of Arts Science and Commerce

85.17

Chetana's Hazarimal Somani College of Commerce and Economics Smt Kusumtai Chaudhari College of Arts

TBA

Top B.Com Colleges in Mumbai - Placements 

BCom graduates can find work in both the public and private sectors. They can locate entry-level positions in various industries such as finance, accounting, and so on and study for competitive tests for government employment. 

After graduating, they should pursue post-graduate courses or professional certificates to obtain high-paying positions in the selected sector/industry.

  • Each year, hundreds of B.Com students are placed in various corporate enterprises, Government jobs, and other organizations through placement drives held at Mumbai's premier B.Com colleges.
  • Some of the promising job roles for a B.Com graduate are Auditor, Tax Accountant, Accountant, Economist, Stock Broker, Finance Officer, Company Secretary, Sales Analyst, Consultant, Administrative Jobs in Public Sector, Investment Consultant, Loan/Credit Officer, etc.
  • Some of the well-paying organizations are Biocon, Cipla, Citigroup, Deloitte, Deutsche Bank, Ernst & Young, Google, Grant Thornton, JP Morgan Chase, KPMG, L&T Infotech, Morgan Stanley, Nokia, Pfizer, PWC, TATA, Tech Mahindra, Accenture, Wipro, Capgemini, Cognizant, TCS, Amazon, Genpact, Flipkart, Ernst & Young, Deloitte, etc.


Name

Placement Rating (out of 5)

Mithibai College

4.6

Jai Hind College, Mumbai

4.5

NM College, Mumbai

4.4

St. Xavier's College, Mumbai

4.4

H.R. College of Commerce and Economics, Mumbai

4.1

Mumbai University

3.6

top bcom colleges in mumbai placement rating out of 5

Top B.Com Colleges in Mumbai: Entrance Exams

Most of the top B.Com Colleges (aforementioned) in Mumbai offer admission to Commerce aspirants based on merit. 

Some institutions may also accept students based on a quota system depending on the college policies. As determined by the qualifying exam grades or the entrance exam, students will be granted admission.

The Vijaybhoomi University (VU) administers the computer-based Vijaybhoomi Scholastic Aptitude Test (VijaybhoomiSAT) to students seeking admission to the university's numerous undergraduate and postgraduate programs. 

The Vijaybhoomi University, promoted by the IFIM Group of Institutions, admits students to many colleges through the Vijaybhoomi SAT 2020. Candidates who pass the entrance exam and obtain the required grades will be admitted to the university to their chosen course.

Top B.Com Colleges in Mumbai 2021: Outlook 2020 Ranking

Just as with the NIRF rankings, Outlook assigns scores to participating colleges and universities across the country based on college infrastructure, academic success, research excellence, placement possibilities, and other factors.

Colleges that provide B.Com programs and are among the top 10 or 50 or 100 colleges in the country have been compiled in the list below by Outlook.

Name of the College

Rank as per Outlook

SVKM's Narsee Monjee Institute of Management Studies

53

Mumbai University

55

Top B.Com Colleges in Mumbai with ROI (Return on Investment) Percentage 

In each year's placement drives, organized at Mumbai's leading B.Com colleges for B.Com students, hundreds of B.Com students are placed in various corporate companies, government positions, and numerous other organizations.

Some of the popular job areas after B.Com include Business Consultancies, Public Accounting Firms, Foreign Trade, Budget Planning, Inventory Control, Investment Banking, Treasury and Forex Department, etc.

Apart from the roles mentioned above, B.Com graduates can also seek employment opportunities in profiles like 

  • Loan/Credit Officer
  • Asset Manager/Fund Manager
  • Hedge Fund Manager
  • Customer Relationship Executive
  • Sales Manager
  • Financial Analyst
  • Statistician
  • Market Research Analyst
  • Tax Advisory Services/Tax Consultant
  • Company Law Assistant/Corporate Legal Assistant
  • Financial and Insurance Consultant
  • Lecturer

College Name

Approximate Average Annual Fees (INR)

Average Placement Package (INR) (Approximately)

ROI Percentage (%)

H.R. College of Commerce and Economics

54,486

3,00,000

550.6

Mithibai College, Mumbai

55,770

5,00,000

896.5

St. Xavier's College, Mumbai

23,361

6,00,000

2568.38

Mumbai University

23,362

6,00,000

2568.27

Narsee Monjee College, Mumbai

1,05,000

9,00,000

857.14

Top B.Com Colleges in Mumbai - Branch-wise

Some of the top specializations offered by top B.Com colleges are -

  • Accounting 
  • Finance
  • Financial Planning and Analysis
  • International Business
  • Sales and Marketing
  • Corporate Banking
  • Financial Modeling
  • International Accounting
  • Investment Operations
  • Risk Management


Accounting is the most popular, followed by Finance and Financial Planning and Analysis.

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Showing 162 B.Com Colleges in Mumbai

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