B.Com Colleges in Mumbai (All)

Mumbai, the financial and business capital of India, is among the top BCom destinations in the country. Mumbai is one of India’s leading BCom destination. BCom colleges in Mumbai offer quality education with high placements. It is also a hub of education in management, technology and allied sectors.

Bachelor of Commerce (BCom) is a three-year undergraduate course pursued by a high number of students across the country every year. This is one of the most popular courses in the Commerce branch. BCom includes three popular courses –BCom (Pass) or BCom-General, BCom (Honours) and BCom LLB. It is

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Mumbai, the financial and business capital of India, is among the top BCom destinations in the country. Mumbai is one of India’s leading BCom destination. BCom colleges in Mumbai offer quality education with high placements. It is also a hub of education in management, technology and allied sectors.

Bachelor of Commerce (BCom) is a three-year undergraduate course pursued by a high number of students across the country every year. This is one of the most popular courses in the Commerce branch. BCom includes three popular courses –BCom (Pass) or BCom-General, BCom (Honours) and BCom LLB. It is the best option for students who want to make a career in Commerce, Accounting, Finance, Banking and Insurance. Most popular entrance examination for studying BCom in Mumbai is VijaybhoomiSAT.

Mumbai is home to prestigious institutes to pursue BCom like University of Mumbai (MU), ASM's Institute of Management & Computer Studies (IMCOST), Amity University Online, Narsee Monjee College of Commerce & Economics (NM College), etc. It is also ideal for those who wish to pursue Chartered Accountancy, Cost Accounting and Company Secretaryship. Different specialisations offered in BCom colleges in Mumbai are:

  • Accounting

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

BCom Admission Eligibility Criteria

The eligibility criteria for pursuing BCom is given below:

  • The candidate must have studied Commerce in Class 11 and 12 with Accountancy, Business Studies, Economics, Maths/optional subject and English as main subjects.
  • The candidate must meet the minimum cut-off criteria for admission to the college applied to.
  • Every college/ university has a minimum cut-off mark criteria as it is subject to the college/university’s admission criteria for that year.

Note: The minimum cut-off marks for BCom admission depends on the total percentage of candidates passing in Commerce in the board exams, the highest score in Commerce, the average score in Commerce, minimum cut-off marks of the previous year, etc.

There are a total of 295 BCom colleges in Mumbai which offer BCom course, out of these 161 are private, 6 are public and 69 are public-private colleges. They offer full-time, distance-learning, part-time and online modes of study. Refer to the infographics below to get a detailed overview:

Here is the list of some of the top private and public BCom colleges in Mumbai:

Private Colleges

Course Fee (in Rs)

ASM’s IMCOST, Mumbai

-

VijayBhoomi University (VBU), Mumbai

9,60,000

NM College, Mumbai

2,48,000

Amity University Online (AUO), Mumbai

1,20,000

NM College, Mumbai

13,230 – 50,530

 

Public Colleges

Course Fee (in Rs)

MU, Mumbai

11,400

St. Andrew’s College of Arts, Science and Commerce, Mumbai

-

SNDT Women's University (SNDT), Mumbai

-

Institute of Distance and Open Learning, Mumbai, University of Mumbai

6,430

Smt Mithibai Motiram Kundnani College of Commerce and Economics, Mumbai

-

What are the study options after BCom?

BCom graduates get opportunities in government and private sectors. They can find jobs at entry-level in various fields such as Finance, Accounting, etc., and also prepare for competitive exams for appointment in the government sector. To get high-paying jobs in the desired sector/ industry, one should pursue post-graduation courses or professional certificate after completing BCom. Some of the courses for a BCom graduate are listed below:

  • Chartered Accountancy (CA)
  • Company Secretary (CS)
  • Master of Business Administration (MBA)
  • Master of Commerce (MCom)
  • Chartered Financial Analyst (CFA)
  • Certified Management Accountant (CMA)
  • Business Accounting and Taxation (BAT)
  • Association of Chartered Certified Accountants (ACCA)
  • Financial Risk Manager (FRM)
  • Certificate in Investment Banking (CIB)
  • Certified Financial Planner
  • Bachelor of Education (B.Ed)
  • Digital Marketing
  • US Certified Public Accounting (CPA)

After completing degree course in Commerce, students can pursue post-graduation in fields such as Commerce, Accounting and Finance. Students can also opt for PhD and do research work in the field. They can apply for:

  • Doctor of Commerce (DCom)
  • Doctor of Business Administration (DBA)
  • Doctor of Philosophy (PhD) degree programme

One of the best options for a BCom graduate is LLB. Various job areas after the completion of BCom course are:

  • Business Consultancies
  • Public Accounting Firms
  • Foreign Trade
  • Budget Planning
  • Inventory Control
  • Investment Banking
  • Treasury and Forex Department

BCom Placement Trends

Some of the job profiles for BCom graduates are as follows:

  • Auditor
  • Tax Accountant
  • Accountant
  • Economist
  • Stock Broker
  • Finance Officer
  • Company Secretary
  • Sales Analyst
  • Consultant
  • Administrative Jobs in Public Sector
  • Investment Consultant
  • 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

Listed below is the highest salary for BCom Colleges in Mumbai for 2019-2020:

College Name

Highest salary (in Rs LPA)

H.R. College of Commerce and Economics,

3

Mithibai College, Mumbai

5

St. Xavier's College, Mumbai

6

MU, Mumbai

6

NM College, Mumbai

9

Refer to the infographic below to get a detailed overview:

Top Recruiters for BCom Students

A high number of BCom colleges in Mumbai provide placement opportunities to the students. There are several areas open for commerce students such as Budget Planning, Marketing, Policy Planning, Auditing, Foreign Trade, etc. The colleges provide opportunities to enhance the student’s knowledge and gain real-time experience. Below is the list of few top companies that recruit BCom students along with their placement ratings:

Colleges

Placement Ratings (Based on Reviews)

Top Recruiters

Mithibai College of Arts (Mithibai College), Chauhan Institute of Science & Amrutben Jivanlal College of Commerce and Economics, Mumbai

4.6

AC Neilson, Amazon.com, Biocon, Capgemini, Cipla, Citigroup, Deloitte, Deutsche Bank, Directi, Endurance Intl. Group, Ernst & Young, Google, Grant Thornton, JP Morgan Chase, KPMG, L&T Infotech, Morgan Stanley, Nokia, Pfizer, PWC, TATA, Tech Mahindra, etc.

 

Jai Hind College, Mumbai

4.5

Ernst & Young, Google, Jindal Steel, KPMG, TATA Consultancy Services, etc.

NM College, Mumbai

4.4

Barclays Bank, CRISIL, DBS Bank, Edelweiss Securities, Ernst & Young, HDFC Bank, IBM, IFFCOtokyo, India Bulls, JP Morgan Chase, Kotak Bank, KPMG, PWC, Standard Chartered Bank, Tata Capital, WeChat, Deloitte, etc.

St. Xavier's College, Mumbai

4.4

Accenture, Aon Hewitt, Asian Paints, Avalon Consulting, Blue Star, Capgemini, Capital First Ltd, CITI Bank, Crimson Interactive, Deloitte Consulting, Directi, Endurance Intl. Group, Ernst & Young, Future Generali, Gandhi Fellowship, Infosys, Jet Airways, Media.Net, Morgan Stanley, Oberoi, PWC, TATA Consultancy Services, etc.

H.R. College of Commerce and Economics, Mumbai

4.1

Morgan Stanley, Ernst, and Young, Media. Net, Deloitte, Deutsche Bank, KPMG, Sunsilk, Yes Bank, etc.

MU, Mumbai

3.6

ICICI Bank, Ernst & Young, Accenture, Wipro, BNP Paribas, Johnson & Johnson, Tata Consultancy Services, Axis Bank, Blue Dart, DHL, IDBI Bank, HDFC, JP Morgan, Times of India, Deloitte, etc.

BCom Mode of Study

BCom can be pursued from various colleges through different modes such as full-time, distance-learning, part-time and online. Around 281 BCom colleges offer full-time course and rest of the colleges offer distance-learning, part-time and online mode. Some of these colleges are tabulated below: 

Full-time Mode of Study

Some of the popular colleges/ universities that offer full-time BCom course are:

S.No.

Colleges

Location

1.

Mithibai College

Mumbai

2.

H.R. College of Commerce and Economics

Mumbai

3.

NM College

Mumbai

4.

Jai Hind College

Mumbai

5.

St. Xavier's College

Mumbai

Distance/ Correspondence Mode of Study

Colleges/ universities that offer courses through distance/ correspondence mode are as follows:

S.No.

Colleges

Location

1.

YES Education

Mumbai

2.

Education Guidance 

Mumbai

3.

Wisdom School of Management (WSM)

Mumbai

4.

Imperial Institute of Management

Mumbai

5.

eduVishva Academy

Mumbai

Part-time – Classroom Mode of Study

Following colleges offer part-time classroom mode of education:

S.No.

Colleges

Location

1.

The School of Investment Banking

Mumbai

2.

Smile Education Private Limited

Mumbai

Online – Classroom Mode of Study

Following colleges offer online classroom mode of education:

S.No.

Colleges

Location

1.

AUO

Mumbai

2.

361 Degree Minds (361 DM), Annamalai University

Mumbai

3.

Asian Institute of Management Studies

Mumbai

How Affordable is Studying BCom in Mumbai?

Based on the below pie chart, it can be estimated that pursuing BCom in Mumbai is very economical as 89% of the colleges have a course/annual fee of less than Rs 1 lakh. Some of these colleges are:

  • NM College
  • MU
  • Mithibai College
  • ICSI
  • St. Xavier's College
  • K J Somaiya College of Arts and Commerce (KJSAC)
  • S K Somaiya Degree College of Arts, Science and Commerce (SKSASC)

Around 5% BCom colleges have a fee structure that ranges from Rs 1-2 lakh. Some of these colleges are:

  • AUO
  • Annamalai University

Around 3% BCom colleges have a fee structure that ranges from Rs 2-3 lakh. Some of these colleges are:

  • S K Somaiya College (SKSC)

Around 3% BCom colleges have a fee of more than Rs 5 lakh. Some of these colleges are:

  • VijayBhoomi University

Refer to the infographic below to get a detailed overview of segregation of BCom Colleges in Mumbai based on fee:

BCom Specialisations offered in Mumbai

BCom colleges in Mumbai offer diversified specialisations in Accounting, Finance, Financial Planning and Analysis, International Business, Sales and Marketing, Corporate Banking, Financial Modelling, International Accounting, Investment Operations, Risk Management, etc. The most popular ones are Accounting followed by Finance and Financial Planning and Analysis. Refer to the infographic below to get a detailed overview of the top 10 BCom specialisations in Mumbai:

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FAQs

Q1. Which are the different specialisations offered in BCom colleges in Mumbai?

A. Different specialisations offered in BCom colleges in Mumbai are:

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

Q2. Which is the best college to pursue BCom in Mumbai based on placements?

A. Top five BCom colleges Mumbai based on placements are:

  • Mithibai College of Arts (Mithibai College), Chauhan Institute of Science & Amrutben Jivanlal College of Commerce and Economics, Mumbai
  • Jai Hind College, Mumbai
  • NM College, Mumbai
  • Xavier's College, Mumbai
  • R. College of Commerce and Economics, Mumbai

Q3. Are there any job opportunities for students who pursue BCom?

A. Yes, there are several job opportunities for BCom students. Some of them are listed below:

  • Auditor
  • Tax Accountant
  • Accountant
  • Economist
  • Stock Broker
  • Finance Officer
  • Company Secretary
  • Sales Analyst
  • Consultant
  • Administrative Jobs in Public Sector
  • Investment Consultant
  • 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

Q4. What is the estimated fee for studying BCom in Mumbai?

A. It is estimated that pursuing BCom Course in Mumbai is very economical as 89% of the colleges have a course/annual fee of less than Rs 1 lakh. Some of these colleges are:

  • NM College
  • MU
  • Mithibai College
  • ICSI
  • St. Xavier's College
  • K J Somaiya College of Arts and Commerce (KJSAC)
  • S K Somaiya Degree College of Arts, Science and Commerce (SKSASC)

Q5. Which course can I opt for after completing BCom?

A. After completing BCom, you can do the following courses:

  • Chartered Accountancy (CA)
  • Company Secretary (CS)
  • Master of Business Administration (MBA)
  • Master of Commerce (MCom)
  • Chartered Financial Analyst (CFA)
  • Certified Management Accountant (CMA)
  • Business Accounting and Taxation (BAT)
  • Association of Chartered Certified Accountants (ACCA)
  • Financial Risk Manager (FRM)

Q6. Which BCom course is better – Pass or Hons?

A. BCom (Hons) is a detailed course as compared to BCom (Pass). The students learn about corporate demands for business and economics in a better way. In this course, specialised skills in the areas of accounting, finance, and taxation are imparted.

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