Updated on Sep 14, 2023 20:06 IST

Top Commerce Colleges in Mumbai (All) 2023: Fees, Admission, Cutoff, Placements

There are a total of 10 top Commerce colleges in Mumbai. Out of which, 8 colleges are privately owned and the rest are 1 college owned by public/government organisations. CUET is the main accepting entrance exam in top Commerce colleges in Mumbai. Narsee Monjee College of Commerce & Economics, Mithibai College of Arts, K J Somaiya College of Arts ad Commerce, KC College, B.K. Birla College of Arts, Science and Commerce, etc. are some of the popular Commerce colleges in Mumbai (All).

Top Commerce Colleges in Mumbai (All): Highlights 2023

A bachelor's or master's degree in Accounting & Commerce can be pursued, offering comprehensive training to equip students with the necessary skills and knowledge for success in the professional world. This programme covers various aspects including financial reports, tax regulations, and the tools required to analyze an organization's finances and effectively communicate that information to managers and other stakeholders.

Below is the table showcasing the particulars of top colleges in Mumbai for Commerce are:

Particulars

Parameters

No. of Colleges

10

Fee

< INR 1 lakh: 6 colleges

INR 1-2 lakh: 1 college

Admission Process

Entrance Based: CUET

Top Commerce College in Mumbai: Eligibility Criteria

Commerce courses can be pursued at UG and PG levels. The eligibility criteria may differ as per the course and branch selected by the student. UG courses in Commerce are of three years duration whereas PG programme is of two years duration. However, given below is broad eligibility criteria for UG and PG Commerce courses:

  • UG level: Candidates can pursue a UG degree in Commerce if they have completed their Class 12 or its equivalent level of education in the Commerce stream from a recognised board. Candidates who have studied subjects such as Accounts, Mathematics and Economics, etc. are also eligible to apply.
  • PG level: Candidates should have completed their Bachelor’s degree in Commerce stream from a recognised university/ institute

Popular Exams Accepted by Top Commerce Colleges in Mumbai

Admissions to best commerce colleges in Mumbai. Candidates must qualify some of the popular exams and they are:

  • CUET: CUET stands for Central University Entrance Test. It is an all-India level entrance exam conducted by NTA for admission in UG courses offered in all the participating institutions. The exam is conducted in a computer-based mode for two hours. Originally CUCET was conducted by UGC in paper-pencil-based mode.

Take a look at important dates of exams accepted by best commerce colleges in Mumbai: 

Exam

Schedule

CUET 2023 Exam

CUET Schedule

Are you preparing for CUET? The below links can be helpful:

Download CUET Question Papers PDF

CUET Exam Pattern

Top Private Commerce Colleges in Mumbai 

Among the top 10 Commerce colleges in Mumbai. The table below shows some of the private best colleges in Mumbai for Commerce along with their total tuition fee:

Private Colleges

Total Tuition Fee

Narsee Monjee College of Commerce & Economics Admission

INR 35, 250

Mithibai College of Arts Admission

INR 30,130

KJ Somaiya College of Arts and Commerce Admission

INR 29,985

BK College of Arts, Science and Commerce Admission

INR 11,870

Bhavan’s College Admission

INR 11,910

Top Public Commerce Colleges in Mumbai (All)

Among the top 10 Commerce colleges in Mumbai. The below table shows some of the list of public/government top colleges in Mumbai for Commerce along with their annual fees:

Public Colleges

Total Tuition Fee

Kishinchand Chellaram College Admission

INR 1.11 lakh

ROI of Top Commerce Colleges in Mumbai (All)

ROI tells students the benefit of pursuing a course in terms of the return they will get. In the case of popular courses, choosing a college or university based on the ROI factor can be great. This is helpful when it becomes tough to select between two or more colleges.

Among the top 10 Commerce colleges in Mumbai. The best Commerce colleges in Mumbai with the average annual fee and average placement package are tabulated below:

College Name

Total Tuition Fee

Average Salary Package

Mithibai College of Arts BCom

INR 30,130

INR 4.10 LPA

BK College of Arts, Science and Commerce BCom

INR 11,870

INR 2 LPA

Top Recruiters for Commerce Graduates in Mumbai

Commerce offers a plethora of job opportunities to students. Students are hired for jobs such as CA, Junior Accountant, Cashier, Project Manager, Data Analyst, Accounts Executive, etc. Below is the list of top colleges in Mumbai for Commerce and top recruiters who hire Commerce graduates along with their placement package:

College Name

Shiksha Rating

Top Recruiters

Mithibai College of Arts Placements

INR 4.10 LPA

ICICI Bank, HDFC Bank, TCS, JP Morgan, Infosys, etc.

Note: Above Statistics are based on the latest data.

READ MORE:

Top Commerce Colleges in Delhi/NCR

Top Commerce Colleges in Hyderabad

Top Commerce Colleges in Chennai

Top Commerce Colleges in Bangalore

Top Commerce Colleges in Pune

Top Commerce Colleges in Maharashtra

How Affordable is studying Commerce in Mumbai?

It is estimated that studying commerce in Mumbai is economical. About 6 of colleges have annual fee ranging < INR 1 lakh and some of them are Narsee Monjee College of Commerce & Economics, Mithibai College of Arts, KJ Somaiya College of Arts and Commerce, BK College of Arts, Science and Commerce. Below table showcasing names of best colleges in Mumbai for Commerce with their annual fee:

Fee Range

No. of Colleges

< INR 1 lakh

Narsee Monjee College of Commerce and Economics, Mithibai College of Arts, K J Somaiya College of Arts and Commerce, etc.

INR 1-2 lakh

Kishinchand Chellaram College

Top Commerce Colleges in Mumbai (All): Cut Off

Below is the list of cut off of best colleges in Mumbai for Commerce:

College Cut Off

Mithibai College of Arts Cut Off

KJ Somaiya College of Arts and Commerce Cut Off

KC College Cut Of

BK College of Arts, Science and Commerce Cut Off

Bhavan’s College Cut Off

Top Commerce Colleges in Mumbai: Comparison

Below is the list of comparison of other top commerce colleges in Mumbai (All):

Comparison

Mithibai College of Arts Compare

KJ Somaiya College of Arts and Commerce Compare

KC College Compare

BK College of Arts, Science and Commerce Compare

Read More

Selected Filters

Location

Total Fees

Rating

Ownership

Exams Accepted

Choose rank publishers
9
India Today ' 23
(All India)
Narsee Monjee College of Commerce & Economics, Mumbai
4.3

Placements

4.1

Infrastructure

4.4

Faculty & Course Curriculum

4.1

Crowd & Campus Life

4.5

Value for Money

4.7
(155)
Fees: 35,250
9
Outlook ' 23
15
India Today ' 23
(All India)
Mithibai College of Arts, Chauhan Institute of Science & Amrutben Jivanlal College of Commerce and Economics
4.5

Placements

3.9

Infrastructure

4.7

Faculty & Course Curriculum

4.4

Crowd & Campus Life

4.7

Value for Money

4.7
(230)
Fees: 30,130
Salary : 4.10 Lakh
11
Outlook ' 23
18
India Today ' 23
(All India)
K J Somaiya College of Arts and Commerce
4.2

Placements

3.5

Infrastructure

4.5

Faculty & Course Curriculum

4.0

Crowd & Campus Life

4.6

Value for Money

4.4
(130)
Fees: 29,985
Not Ranked
Outlook ' 23
24
India Today ' 23
(All India)
Kishinchand Chellaram College
4.0

Placements

3.6

Infrastructure

3.7

Faculty & Course Curriculum

4.3

Crowd & Campus Life

4.2

Value for Money

4.2
(66)
Fees: 1.11 Lakh
23
Outlook ' 23
29
India Today ' 23
(All India)
St. Xavier's College, Mumbai
4.4

Placements

4.0

Infrastructure

4.4

Faculty & Course Curriculum

4.3

Crowd & Campus Life

4.6

Value for Money

4.6
(111)
Fees: 23,361
Salary : 6.50 Lakh
Not Ranked
Outlook ' 23
36
India Today ' 23
(All India)
B.K. Birla College of Arts, Science and Commerce
3.9

Placements

3.4

Infrastructure

4.1

Faculty & Course Curriculum

3.9

Crowd & Campus Life

4.1

Value for Money

3.9
(88)
Fees: 11,870
Salary : 2.00 Lakh
Not Ranked
Outlook ' 23
94
India Today ' 23
(All India)
Bharatiya Vidya Bhavan's M.M. College of Arts
4.0

Placements

4.0

Infrastructure

4.0

Faculty & Course Curriculum

3.0

Crowd & Campus Life

5.0

Value for Money

4.0
(1)
Not Ranked
Outlook ' 23
181
India Today ' 23
(All India)
St. Wilfred’s College of Arts, Commerce and Science
2.7

Placements

2.3

Infrastructure

3.0

Faculty & Course Curriculum

3.0

Crowd & Campus Life

3.0

Value for Money

2.3
(3)
Not Ranked
Outlook ' 23

Other popular Accounting & Commerce colleges in Mumbai (All)

23.6 K - 1.03 L
3.63 LPA
1.25 L - 7.5 L
3.7
4.5
3.62 - 4.62 LPA
85 K - 1.75 L
1.2 L
30 K - 1.75 L
3.7
5 Courses
15.77 K
4.3
1 Course
5.25 L
5 LPA
2.82 L - 3.12 L
90 K - 1 L
11.85 K - 55.81 K
3.9
4 K - 6 K
2 - 3.6 LPA
80 K - 1 L
1.3 L - 3 L
3 Courses
11.91 K
3.5

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10.38 K - 10.81 K
4.5 - 15 LPA
10 Courses
71.88 K - 1.44 L
1.9 - 2.22 LPA
2.82 L - 3.12 L
2.8 - 3.89 LPA
2 K - 2.4 K
3.6
1 Course
6.75 L
5.5 LPA
4 K - 4 L
4.2
3.6
4.5 - 15 LPA
4 Courses
33.35 K
3.6
13.76 K - 54.87 K
3.5
2 Courses
54.36 K
3.36 LPA
27.78 K - 55.4 K
2.25 - 28.54 LPA
80 K - 4.2 L
5 Courses
21.32 K - 97.55 K
2 LPA
4.2
2.18 LPA
14.76 K - 51.12 K
3.9
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Top Commerce Colleges in Mumbai (All) FAQs

Q. How many Commerce colleges are there in Mumbai?

A. There are a total of 10 best colleges for Commerce in Mumbai. Out of which, 8 colleges are privately owned and the rest are 1 college owned by public/government organisations. Commerce is a field for students who have an interest in financial information/transactions, trading of economic value, etc. Students often consider taking up Commerce after completing Class 12. Some of the popular colleges include Narsee Monjee College of Commerce and Economics, Mithbai College of Arts, KJ Somaiya College of Arts  and Commerce

Q. What is the eligibility criteria for Top Commerce colleges in Mumbai?

A. Commerce courses can be pursued at UG and PG levels. The eligibility criteria may differ as per the course and branch selected by the student. UG courses in Commerce are of three years duration whereas PG programme is of two years duration. However, given below is broad eligibility criteria for UG and PG Commerce courses:

  • UG level: Candidates can pursue a UG degree in Commerce if they have completed their Class 12 or its equivalent level of education in the Commerce stream from a recognised board. Candidates who have studied subjects such as Accounts, Mathematics and Economics, etc. are also eligible to apply.
  • PG level: Candidates should have completed their Bachelor’s degree in Commerce stream from a recognised university/ institute

Q. Which is No 1 College for Commerce in Mumbai?

A. The best colleges for Commerce in Mumbai with their annual tuition fee are tabulated below:

College Name Total Tuition Fee
Narsee Monjee College of Commerce & Economics INR 35, 250
Mithibai College of Arts INR 30,130
KJ Somaiya College of Arts and Commerce INR 29,985
BK College of Arts, Science and Commerce INR 11,870
Kishinchand Chellaram College INR 1.11 lakh

Q. Are there any job opportunities for students who pursue Commerce courses in Mumbai?

A. Yes, there are several job opportunities for students who pursue Commerce courses in Mumbai. Check out the table below to know the job opportunities available for Commerce students along with the average salary in India:

Job Profile Average Salary 
Junior Accountant INR 1.85 LPA
Business Executive INR 2.99 LPA
HR Executive INR 3.75 LPA
Accounts Executive INR 2.70 LPA
Data Analyst INR 4.36 LPA
Research and Development Manager INR 11.73 LPA

Q. Which are the Top recruiters for Top Commerce colleges in Mumbai?

A. The Top recruiters for Top Commerce colleges in Mumbai are ICICI Bank, HDFC Bank, TCS, JP Morgan, Infosys, Wipro, Tech Mahindra, ICICI Bank, Kotak Bank, etc. After completing UG level course under Commerce, the candidates can find various jobs at entry or junior level in Accounting, Commerce, Banking and Finance and related fields such as Junior Accountant, HR Manager, Business Executive, Accounts Executive, and After completing PG level courses under Commerce, the 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.

Q. Is it expensive to study in Top Commerce colleges in Mumbai?

A. No, it is estimated that studying commerce in Mumbai is economical. About 6 colleges has their annual fee ranging < INR 1 lakh and some of them along with their total tuition fee are:

College Name Total Tuition Fee

Narsee Monjee College of Commerce & Economics

INR 35, 250

Mithibai College of Arts

INR 30,130

KJ Somaiya College of Arts and Commerce

INR 29,985

BK College of Arts, Science and Commerce

INR 11,870

Bhavan’s College Admission

INR 11,910

 

Q. Is commerce better for future?

A. Students can pursue Commerce courses at UG, PG and PhD levels. The regular Bachelor’s and Master’s degree courses are available full-time as well as part-time. Certificate courses such as CA, CS, and CFA are available in part-time mode and are very popular Commerce courses in India. Commerce is the right choice for you if you want to increase your financial assets with an understanding of stock markets, funds, and shares. Knowledge of commerce can also aid you in the skills needed to manage your finances at any point in time. 

Q. Which are the best public top commerce colleges in Mumbai?

A. The below table showcasing list of public colleges with their annual fees:

Public Colleges

Total Tuition Fee

Kishinchand Chellaram College

INR 1.11 lakh

Q. What are the skills required to pursue Accounting and Commerce courses?

A. Commerce students are required to have strong Mathematical, Analytical and Communication skills. Mathematical abilities will enable them to calculate numbers and handle data required in accounting and calculations, while the ability to analyse data is equally essential for professions in business. Complex analysis, graphical representations, and spotting broad data trends can all be useful in any commerce vocation. Good analytical abilities might also assist you in gathering additional data and conducting market research.

Q: Which college gives best placement for BCom in Mumbai?

A: Listed below are the best Commerce colleges in Mumbai along with their placement package:

College Name

Average Salary Package

Mithibai College of Arts

INR 4.10 LPA

BK College of Arts, Science and Commerce

INR 2 LPA

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