Top Commerce Colleges in Pune 2021

Pune is also known as ‘Oxford of the East’ as it is an academic centre of national repute and is the most sought-after Commerce study destination. Pune has the seventh-largest metropolitan economy and the sixth-highest per capita income in the country. With its large student population, and a large number of academic and research institutes, Pune has a lot to offer to the Commerce aspirants. 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 at Commerce colleges in Pune.

Pune is home to some of the top-rated colleges to pursue Commerce courses. These include Symbiosis College of Arts & Commerce, Ness Wadia College of Commerce, St. Mira's College For Girls, Indira College of Commerce and Science, MIT WPU - World Peace University, Sir Parashurambhau College, M.C.E. Society's Abeda Inamdar College of Arts, Science and Commerce (AISC Pune), MIT Arts, Commerce & Science College, MAEER, etc.

There are a total of over 180 Commerce colleges in Pune that provide a full-time, part-time, distance-learning and online mode of study. These colleges provide degree courses. Out of these, the top 10 Commerce colleges in Pune 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 and PG levels. The eligibility criteria differs as per the course and branch selected by the candidate. UG courses in Commerce are of three years duration whereas PG programme is of two years duration. However, given below is a broad eligibility criteria for UG and PG Commerce courses for the reference of candidates:

• 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.

• 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 Pune also accept scores of national- and state-level entrance exams including SET, ICSI Exam, etc.

Although there are plenty of Commerce colleges in Pune there a few top ones that have been listed by India Today. Following is a list of top 8 Commerce colleges in Pune ranked by India Today:

Here is the list of some of the top private and public Commerce colleges in Pune:

 Study 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:

• 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)

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 the degree course in Commerce, the 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

Top-rated colleges in Pune offer different types of courses. Around 140 colleges offer BCom course, 70 offer MCom course, 26 offer Certificate courses and 13 offer UG Diploma course.

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:

• Junior Accountant

• HR Manager

• Business Executive

• Accounts Executive

• Operations Manager

• Data Analyst

• Research and Development Manager

• Information Systems Manager

• 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:

• Senior Accountant

• Cashier/Teller

• Bank Manager

• Marketing Manager

• Investment Banker

• Wealth Manager

Some of the top companies that are known to hire commerce graduates are listed below:

Graduates from below top Commerce college in Pune can fetch a median salary of Rs 2-3 LPA:

• MIT WPU, Pune

Graduates from below top Commerce college in Pune can get a median salary of Rs 3-4 LPA:

• MIT Arts, Commerce & Science College, MAEER, Pune

Refer to the infographic below to get a detailed overview of the average salary for Commerce Colleges in Pune:

Top Recruiters for Commerce Students

Below is the list of few top companies that recruit Commerce students along with their placement ratings:

How Affordable is Studying Commerce Courses in Pune?

Based on the below pie chart, it can be estimated that pursuing Commerce courses in Pune is economical as 75% of the colleges have annual fees of less than Rs 1 lakh. Some of these colleges are:

• Yashwantrao Mohite College of Arts, Science and Commerce, Bharati Vidyapeeth Deemed University, Pune

• C.E. Society's Abeda Inamdar College of Arts, Science and Commerce (AISC Pune), Pune

• Symbiosis College of Arts & Commerce, Pune

Around 25% Commerce colleges in Pune have fee structure that ranges from Rs 2-3 lakh. Some of these colleges are:

• MIT WPU, Pune

Refer to the infographic below to get a detailed overview of the break-up of Commerce colleges in Pune basis fees: