Mumbai, also known as the financial capital of India, is a hub for commerce education. With a large number of colleges and universities offering commerce courses, it can be challenging to identify the best ones. Choosing the right college for pursuing a commerce degree is essential, as it can impact an individual’s career prospects and future growth opportunities. The city offers a diverse range of commerce colleges, catering to the needs of students with different interests and career goals. There are several best commerce colleges in Mumbai that can be on your wish list.
These best commerce colleges in Mumbai provide students with a strong foundation in commerce and equip them with the necessary skills to succeed in the dynamic world of business. Students can choose from a variety of specializations, including accounting, finance, marketing, and international business, among others. The best commerce colleges in Mumbai not only focus on academic excellence but also offer students opportunities for extracurricular activities, internships, and placements. In this article, we will explore some of the best commerce colleges in Mumbai.
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Why choose commerce colleges in Mumbai?
There are several reasons why Mumbai is an excellent location to study commerce, and why students should consider commerce colleges in Mumbai. Here are a few points to consider:
- Financial Capital: Mumbai is often referred to as the financial capital of India and is home to several multinational corporations, banks, and financial institutions. This makes it an ideal location to study commerce, as students have access to industry experts, internships, and job opportunities.
- Academic Standards: Commerce colleges in Mumbai offer excellent academic standards and are known for producing top-performing students who go on to have successful careers in various fields. These colleges have experienced faculty members who have both academic and industry experience, making the learning experience more enriching and relevant.
- Wide Range of Courses: Commerce colleges in Mumbai offer a wide range of courses to choose from, including B.Com, B.M.S, M.Com, Diploma, and Certificate courses in Accounting, Finance, Marketing, Business Analytics, and more. This allows students to specialize in their area of interest and gain practical knowledge and skills.
- Affordable Tuition Fees: The average tuition fees for Commerce courses at Mumbai colleges vary from INR 5,000-30,000 per year, making it an affordable option for students from different economic backgrounds.
- Vibrant Student Culture: Mumbai has a vibrant student culture, with numerous opportunities for co-curricular and extra-curricular activities. Students can participate in sports, cultural events, debates, and other activities that help them develop their skills and interests.
List of Commerce Colleges in Mumbai
Okay, you must be overwhelmed after knowing the reasons why to choose commerce colleges in Mumbai. In this section, we will be looking at the list of the best commerce colleges in Mumbai.
Government Commerce Colleges in Mumbai
There are several government commerce colleges in Mumbai that offer quality education in commerce and related fields. Below is a list of some of the top government colleges in Mumbai:
- Sydenham College of Commerce and Economics
- R.A. Podar College of Commerce and Economics
- K.P.B. Hinduja College of Commerce
- Lala Lajpatrai College of Commerce and Economics
- Chetana’s Hazarimal Somani College of Commerce and Economics
- Mulund College of Commerce
- Nagindas Khandwala College of Commerce and Economics
- Narsee Monjee College of Commerce and Economics
- K.M. Agrawal College of Arts, Commerce, and Science
- SIES College of Commerce and Economics
Junior Commerce Colleges in Mumbai
There are several junior commerce colleges in Mumbai that offer quality education in commerce and related fields. Below is a list of some of the top junior colleges in Mumbai:
- Mithibai College, Vile Parle (West)
- H.R. College of Commerce and Economics, Churchgate
- Narsee Monjee College of Commerce and Economics, Vile Parle (West)
- Jai Hind College, Churchgate
- K.P.B. Hinduja College of Commerce, Charni Road
- SIES College of Commerce and Economics, Sion
- R.A. Podar College of Commerce and Economics, Matunga
- St. Xavier’s College, Fort
- Kishinchand Chellaram College, Churchgate
- Bhavans College, Andheri (West)
Top 10 Commerce Colleges in Mumbai
Now that you have seen the government and junior commerce colleges in Mumbai, it is high time we should be looking at the top 10 best commerce colleges in Mumbai.
| Name of the College | Rank | Source |
| St. Xavier’s College, Tamil Nadu | 55 | NIRF 2023 (Colleges) |
| Narsee Monjee College of Business Studies | 88 | NIRF 2023 (Overall) |
| KPB Hinduja College of Commerce | 67 | NIRF 2021 (Colleges) |
| Mithibai College | 13 | India Today 2022 |
| H.R. College of Commerce and Economics | 18 | The Week 2022 |
| Jai Hind College | 10 | India Today 2021 |
| K.J. Somaiya College of Arts and Commerce | 18 | India Today 2022 (Commerce) |
| R.A. Podar College of Commerce and Economics | 09 | EducationWorld India |
| SIES College College of Arts, Science, and Commerce | 23 | India Today 2021 (Colleges) |
| Sydenham College of Commerce and Economics | 27 | India Today 2021 (Colleges) |
About the Best Commerce Colleges in Mumbai
We know after seeing the list it is very tempting to know more about these top commerce colleges. Hold on! We are here with the details of these top colleges that will give you a clear picture of these colleges.
St. Xavier’s College
St. Xavier’s College is a private, Catholic, independently operated university located in Mumbai, Maharashtra, India. It is run by the Bombay Province of the Society of Jesus. The college, which has ties to the University of Mumbai, offers undergraduate and graduate courses in management, business, and the humanities. In 2010, the University of Mumbai gave autonomy to the first college, Xavier’s. The National Assessment and Accreditation Council (NAAC) gave St. Xavier’s an ‘A+’ grade in 2006.
| Year of Establishment | 1869 |
| Popular Courses | Bachelor of Commerce (B.Com) Bachelor of Management Studies (BMS) |
| Average Tuition Fee | B. Com: INR 5000-6000 per year |
| Average Package | INR 4-6 LPA |
Narsee Monjee College of Business Studies
Narsee Monjee College of Business Studies is a highly regarded institution for Commerce studies, offering excellent academic standards, innovative teaching methods, and strong industry connections. The college has experienced and knowledgeable faculty members, state-of-the-art facilities, and a vibrant student community.
| Year of Establishment | 1964 |
| Average Tuition Fee | B. Com: INR 2.3 Lakhs per year |
| Popular Courses | Bachelor of Business Administration Bachelor of Commerce |
| Average Package | INR 4-6 LPA |
KPB Hinduja College of Commerce
The brilliant industrialist Late Shri Parmanand Deepchand Hinduja established the K.P.B. Hinduja College of Commerce in 1974. The K.P.B. Hinduja College of Commerce is regarded as one of Mumbai’s top universities and has received ISO 9001 Certification. It was given the University of Mumbai’s Best College Award for the academic year 2010–2011. The College was chosen by the University Grants Commission (UGC) as a College with Potential for Excellence in March 2016.
| Year of Establishment | 1974 |
| Popular Courses | Bachelor of Commerce Master of Commerce |
| Average Tuition Fee | B. Com: INR 10k per year M. Com: INR 15k per year |
| Average Package | INR 3-5 LPA |
Mithibai College
Mithibai College is a well-known institution for Commerce studies, offering excellent academic standards, experienced faculty members, and a vibrant student community. The college has a strong focus on practical learning and skill development, with ample opportunities for internships, workshops, and seminars.
| Year of Establishment | 1961 |
| Popular Courses | Bachelor of Commerce Bachelor of Management Studies |
| Average Tuition Fee | B. Com: INR 35k per year |
| Average Package | INR 2-5 LPA |
HR College of Commerce and Economics
HR College of Commerce and Economics is a prestigious institution for Commerce studies, offering excellent academic standards, experienced faculty members, and a robust industry interface. The college has a well-established reputation for producing top-performing students who go on to have successful careers in various fields.
| Year of Establishment | 1960 |
| Popular Courses | Bachelor of Commerce Master of Commerce Bachelor of Management Studies |
| Average Tuition Fee | B. Com: 19k per year M. Com: 15k per year |
| Average Package | INR 3-5 LPA |
Jai Hind College
Jai Hind College is a popular choice for Commerce studies in Mumbai, offering excellent academic standards, experienced faculty members, and a range of innovative teaching methods. The college has a strong focus on holistic development, with numerous opportunities for co-curricular and extra-curricular activities.
| Year of Establishment | 1941 |
| Popular Courses | Bachelor of Commerce Master of Commerce Bachelor of Management Studies |
| Average Tuition Fee | B. Com: 5-6k per year M. Com: 15k per year |
| Average Package | INR 3-5 LPA |
KJ Somaiya College of Arts and Commerce
KJ Somaiya College of Arts and Commerce is a highly reputed institution for Commerce studies, offering excellent academic standards, experienced faculty members, and a strong industry interface. The college has a holistic approach to learning, with a focus on practical learning and skill development.
| Year of Establishment | 1960 |
| Popular Courses | Bachelor of Commerce Master of Commerce |
| Average Tuition Fee | B. Com: 10k per year M. Com: 13k-15k per year |
| Average Package | INR 3-5 LPA |
RA Podar College of Commerce and Economics
RA Podar College of Commerce and Economics is a well-regarded institution for Commerce studies, offering excellent academic standards, experienced faculty members, and a wide range of courses to choose from. The college has a strong focus on research and innovation, with numerous opportunities for students to participate in research projects, seminars, and conferences.
| Year of Establishment | 1941 |
| Popular Courses | Bachelor of Commerce Master of Commerce Bachelor of Management Studies |
| Average Tuition Fee | B. Com: 41k per year M. Com: 12k-13k per year |
| Average Package | INR 3-5 LPA |
SIES College College of Arts, Science, and Commerce
SIES College of Arts, Science, and Commerce is a well-established institution for Commerce studies, offering excellent academic standards, experienced faculty members, and a strong industry interface. The college has a well-rounded approach to learning, with a focus on practical learning, research, and community service.
| Year of Establishment | 1941 |
| Popular Courses | Bachelor of Commerce Bachelor of Management Studies |
| Average Tuition Fee | B. Com: 10k-11k per month |
| Average Package | INR 3-5 LPA |
Sydenham College of Commerce and Economics
Sydenham College of Commerce and Economics is one of the oldest and most prestigious institutions for Commerce studies in Mumbai, offering excellent academic standards, experienced faculty members, and a robust industry interface. The college has a reputation for producing top-performing students who go on to have successful careers in various fields.
| Year of Establishment | 1913 |
| Popular Courses | Bachelor of Commerce Master of Commerce Bachelor of Management Studies |
| Average Tuition Fee | B. Com: 5k-6k per year M. Com: 8k-9k per year |
| Average Package | INR 3-5 LPA |
Wrapping it up!
Mumbai is undoubtedly one of the top destinations in India for commerce education, thanks to its numerous high-quality colleges. These best commerce colleges in Mumbai offer state-of-the-art infrastructure, experienced faculty, and a wide range of courses that cater to the diverse needs and interests of commerce students. Additionally, these colleges have dedicated placement cells, which provide students with valuable industry exposure and internships, preparing them for successful careers.
The city’s reputation as a hub for business and commerce means that these colleges enjoy strong industry linkages and collaborations, providing students with ample opportunities to network and learn from the best in the industry. Overall, these colleges are the perfect choice for students looking for a career in the exciting and dynamic world of commerce.
Hope we would have been able to provide you with all the information that you need regarding the best commerce colleges in Mumbai. Still, got questions? Why don’t you connect with our industry experts? Yes, you read it right! You can get your queries resolved in just 60 seconds from our Career counselors. So, what are you waiting for? Download the iDreamCareer app now!
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Also Read:
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- Best BCom colleges in Mumbai
- Top Colleges in Mumbai
- Top BCom Colleges in Lucknow
Commerce Colleges in Mumbai: FAQs
To get admission to the best commerce colleges in Mumbai, candidates must have completed their 10+2 education from a recognized board with a minimum percentage of 50% in aggregate.
Yes, some of the top commerce colleges in Mumbai conduct entrance exams, such as NMIMS NPAT, St. Xavier’s BMM Entrance Test, and KJ Somaiya BBA Entrance Test, for admission to their courses.
The popular courses offered by the best commerce colleges in Mumbai include B.Com, B.Com (Hons.), BBA, M.Com, and MBA.
The fee structure for pursuing commerce courses in the best colleges in Mumbai varies from college to college. On average, the annual tuition fee for these courses ranges between INR 50,000 to INR 2,00,000.
After completing a commerce course from the best colleges in Mumbai, students can pursue careers in fields such as finance, accounting, banking, investment, insurance, taxation, and management.
Yes, the best commerce colleges in Mumbai have dedicated placement cells that help students secure internships and placements in reputed companies. Some of these colleges have a high placement record, with students being recruited by top-tier firms and organizations.
Sushant, an accomplished content writer at iDreamCareer, has dedicated his life to the pursuit of writing since childhood. Having earned his education at the prestigious University of Delhi, he possesses a profound understanding of both arts and science in the field of education. Leveraging his professional experience, Sushant brings a fresh perspective to analyzing emerging trends in the realms of writing and education. His youthful mindset, coupled with a positive outlook, is geared towards enlightening students through the impactful delivery of wisdom and knowledge.
