Top Ranked Commerce Colleges in India 2022
Commerce is the conduct of trade among economic agents. Generally, commerce refers to the exchange of goods, services or something of value, between businesses or entities. Commerce is a career stream that candidates pursue at undergraduate (UG), postgraduate (PG), diploma and doctorate (PhD) level. Commerce as a profession offers a plethora of career avenues for students to explore and conquer. Students looking forward to a career in Commerce can opt from UG, PG, integrated or PhD degrees. Students looking forward to a career in Commerce have a wide range of options at both UG, PG, PhD and dual/integrated degrees. Students can choose to pursue courses such as BCom, BBA, CA, CS, BBA LLB, BBM, BSc, MCom, MBA, MPhil, MSc in a variety of Commerce branches/ specialisations at Commerce colleges in India such as:
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Finance
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Sales and Marketing
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Company Secretary
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Computer Science
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Transport and Logistics
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Travel and Tourism Management
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Cost and Management Accounting
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Accountancy
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Financial Planning and Analysis
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Human Resources
India is home to some of the top-rated Commerce institutes such as Shri Ram College of Commerce (SRCC), Delhi; Hindu College, Delhi; Lady Shri Ram College for Women, Delhi; Hansraj College, Delhi; Loyola College, Chennai; Madras Christian College (MCC), Chennai; Christ University, Bangalore; Ramjas College, Delhi; Narsee Monjee College of Commerce & Economics, Mumbai; Mithibai College of Arts, Chauhan Institute of Science & Amrutben Jivanlal College of Commerce and Economics, Mumbai, etc. There are a total of nearly 10,500 Commerce colleges in India that provide a full-time, part-time, distance-learning and online mode of study. These colleges provide degree courses. Out of these, the top 20 Commerce colleges in India ranked by India Today offer degree courses in a full-time mode of study.
Commerce Courses Eligibility Criteria
Commerce courses can be pursued at UG, PG and PhD levels. The eligibility criteria differs as per the course and branch selected by the candidate. However, given below is a broad eligibility criteria for UG and PG Commerce courses for the reference of candidates:
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UG level: Candidates can pursue a UG degree in Commerce if they have completed their 10+2 or its equivalent level of education in the commerce stream. Candidates who have studied subjects like accounts, Mathematics and Economics, etc. are also eligible to apply.
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PG level: Candidates should have completed their graduation degree in commerce stream from a recognised college/ institute.
Apart from merit-based admission, many top-ranked Commerce colleges in India also accept scores of national- and state-level entrance exams, including GLAET, IPU CET, etc.
Although there are plenty of Commerce colleges in India there a few top ones that have been listed by India Today. Following is a list of top 10 Commerce colleges in India ranked by India Today:
Name of the College |
India Today'20 Ranking |
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1 |
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2 |
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3 |
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4 |
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5 |
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6 |
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7 |
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8 |
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9 |
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10 |
Here is the list of some of the top private and public Commerce colleges in India:
Private Colleges |
Course Fee (in Rs) |
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Christ University, Bangalore |
2,45,000 |
Narsee Monjee College of Commerce & Economics, Mumbai |
13,233 |
Mithibai College of Arts, Chauhan Institute of Science & Amrutben Jivanlal College of Commerce and Economics, Mumbai |
16,635 |
2,06,400 |
|
- |
Public Colleges |
Course Fee (in Rs) |
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SRCC, Delhi |
31,100 |
Hindu College, Delhi |
16,275 |
Lady Shri Ram College for Women, Delhi |
59,610 |
Hansraj College, Delhi |
60,945 |
MCC, Chennai |
- |
Refer to the infographics below to get a detailed overview of the top 4 Cities / States of Commerce Colleges in India:
Scope for Commerce Students
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:
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Chartered Accountancy (CA)
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Company Secretary (CS)
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Master of Business Administration (MBA)
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Master of Commerce (MCom)
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Chartered Financial Analyst (CFA)
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Certified Management Accountant (CMA)
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Business Accounting and Taxation (BAT)
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Association of Chartered Certified Accountants (ACCA)
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Financial Risk Manager (FRM)
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Certificate in Investment Banking (CIB)
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Certified Financial Planner
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Bachelor of Education (B.Ed)
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Digital Marketing
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US Certified Public Accounting (CPA)
Students who wish to pursue higher studies in commerce can opt for courses like MCom, MBA, MA (Hons) in Economics, MBA in Banking & Finance and MCom in Accounting & Finance.
After completing a 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:
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Doctor of Commerce (DCom)
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Doctor of Business Administration (DBA)
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Doctor of Philosophy (PhD) degree programme
Career Scope for Commerce Students
Some of the popular job profiles that candidates can consider taking up after completing their education at UG and PG levels in Commerce are given below:
UG Level: The candidates can find various jobs at junior level in Accounting, Commerce, Banking and Finance and related fields such as:
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Junior Accountant
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HR Manager
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Business Executive
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Accounts Executive
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Operations Manager
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Data Analyst
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Research and Development Manager
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Information Systems Manager
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Project Manager
PG Level: Candidates can seek employment in the BFSI Sector, opt for teaching or lecturer-ship or go for research. There are various job options for PG degree holders of Commerce in the private, public as well as government sectors. Nationalized Banks, Railways, Income Tax and other such government departments are good options who aim for a secure and prosperous career. The candidates can get the job of:
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Senior Accountant
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Cashier/Teller
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Bank Manager
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Marketing Manager
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Investment Banker
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Wealth Manager
Some of the top companies that are known to hire commerce graduates are listed below:
SBI |
Deloitte |
ICICI Bank |
KPMG |
HDFC |
TFC |
RBS |
TCS |
Induslnd Bank |
Microsoft |
Ernst and Young |
HCL Technologies |
Punjab National Bank |
Citibank |
Hewlett Packard |
IBM |
HSBC |
Reliance |
Graduates from below 9 Commerce colleges in India can bag a median salary of Rs 2-4 LPA:
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MCC, Chennai
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Stella Maris College, Chennai
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Loyola College, Chennai
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Joseph's College of Commerce, Bangalore
Graduates from below 4 top Commerce colleges in India can bag a median salary of Rs 4-6 LPA:
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Hindu College, Delhi
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Hansraj College, Delhi
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SRCC, Delhi
Graduates from below 1 top Commerce college in India can bag a median salary of more than Rs 6 LPA:
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Lady Shri Ram College for Women, Delhi
Refer to the infographic below to get a detailed overview of the median salary for Commerce Colleges in India:
Top Recruiters for Commerce Students
Below is the list of few top companies that recruit Commerce students along with their placement ratings:
Colleges |
Placement Ratings (Based on Reviews) |
Top Recruiters |
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SRCC, Delhi |
4.4 |
CITI Bank, Deloitte, Deutsche Bank, Ernst & Young, Kotak Securities, KPMG, McKinsey, PWC, Reckitt Benckiser, Samsung, Wipro |
Lady Shri Ram College for Women, Delhi |
4.3 |
American Express, Axsiom, CarDekho.Com, DE Shaw, Deloitte, Grofers, JSW Steel, Kepler Canon, Kotak Securities, KPMG, McKinsey, NIIT, PWC, Samsung |
Loyola College, Chennai |
4.3 |
Google, Deloitte, Amazon, Cognizant, TCS, HP, Dell |
Mithibai College of Arts, Chauhan Institute of Science & Amrutben Jivanlal College of Commerce and Economics, Mumbai |
4.0 |
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 |
NM College of Commerce & Economics, Mumbai |
4.1 |
Citigroup, Honeywell, TCS, Federal Bank, Earnest and Young, KPMG |
Hindu College, Delhi |
3.8 |
DE Shaw, Deloitte, Ernst & Young, Essar Cellular, Google, HDFC Bank, India Bulls, Jaypee Group, KPMG, KPMG, Maruti Suzuki, Protiviti, Royal Sundaram Finance |
How Affordable is Studying Commerce Courses in India?
Based on the below pie chart, it can be estimated that pursuing Commerce in India is economical as 81% of the colleges have annual fees of less than Rs 1 lakh. Some of these colleges are:
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Narsee Monjee College of Commerce & Economics, Mumbai
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Daulat Ram College, Delhi
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Hindu College, Delhi
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Mithibai College of Arts, Chauhan Institute of Science & Amrutben Jivanlal College of Commerce and Economics, Mumbai
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Gargi College, DU, Delhi
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Atma Ram Sanatan Dharma College, Delhi
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SRCC, Delhi
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Ramjas College, Delhi
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Deen Dayal Upadhyaya College, Delhi
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Indraprastha College for Women, Delhi
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Lady Shri Ram College for Women, Delhi
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Hansraj College, Delhi
Around 19% Commerce colleges in India have fee structure that ranges from Rs 2-3 lakh. Some of these colleges are:
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Joseph's College of Commerce, Bangalore
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Kristu Jayanti College, Bangalore
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Christ University, Bangalore
Refer to the infographic below to get a detailed overview of the break-up of Commerce Colleges in India basis fees:
Lady Shri Ram College for Women, University of Delhi
Atma Ram Sanatan Dharma College, University of Delhi
Daulat Ram College, University of Delhi
Deen Dayal Upadhyaya College, University of Delhi
Sri Guru Gobind Singh College of Commerce, University of Delhi
Maharaja Agrasen College, University of Delhi
B.K. Birla College of Arts, Science and Commerce
Lakshmibai College, University of Delhi
Ramanujan College, University of Delhi
FAQs
Q1. What are the different specialisations offered by Commerce colleges in India?
A. Top 10 specialisations offered by Commerce colleges in India are:
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Finance
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Sales and Marketing
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Company Secretary
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Computer Science
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Transport and Logistics
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Travel and Tourism Management
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Cost and Management Accounting
-
Accountancy
-
Financial Planning and Analysis
-
Human Resources
Q2. Which is the best Commerce college in India based on placements?
A. The top 10 Commerce colleges in India based on placement review rating on Shiksha are:
- SRCC, Delhi (4.4)
- Lady Shri Ram College for Women, Delhi and Loyola College, Chennai (4.3)
- NM College of Commerce & Economics, Mumbai (4.1)
- Mithibai College of Arts, Chauhan Institute of Science & Amrutben Jivanlal College of Commerce and Economics, Mumbai (4.0)
- Hindu College, Delhi; MCC, Chennai and Christ University, Bangalore (3.8)
- Hansraj College, Delhi (3.7)
- Ramjas College, Delhi (3.4)
Q3. Which are the popular exams to qualify for Commerce courses in India?
A. Various exams accepted in India for Commerce courses include GLAET, IPU CET, etc.
Q4. Which are the top companies in India that hire commerce graduates?
A. Top companies that are known to hire Commerce graduates are listed below:
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SBI
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Deloitte
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ICICI Bank
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KPMG
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HDFC
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TFC
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RBS
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TCS
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Induslnd Bank
Q5. Do I need to appear for any entrance exam in order to pursue professional commerce courses?
A. Yes, there are some entrance exams conducted by a few universities for admission into their commerce courses. Students can appear for ICAI if they are planning to choose CA as their career choice, ICSI for Company Secretaryship, ICWAI for Cost Accountants and CFA for Chartered Financial Analyst.