Top Commerce Colleges in Mumbai
Lily Sankhil
By Lily Sankhil
6 min read
March 13, 2025

Top Commerce Colleges in Mumbai 2025 | Eligibility & Fee

Students seeking job opportunities in banking, business, management, and finance can pursue educational degrees from any top commerce colleges in Mumbai.

Table of Contents

Mumbai is one of the main centers of commerce and finance in India. It has many top prestigious commerce colleges in India. Some of the top commerce colleges in mumbai include university of mumbai, Narsee Monjee College of Commerce and Economics, H.R. College of Commerce and Economics, St. Xavier's College, Mumbai, R A Podar College of arts & commerce, Kishinchand Chellaram College, Jai Hind College, and more. Students are offered various B.COM, M.COM, and PhD in relevant fields. Many colleges in Mumbai offer a B.COM program for 3 years and an M.COM program for 2 years. After procuring a commerce degree, students can seek employment in sectors like banking, finance, accounting, auditing, management, including job profiles such as chartered accountants, financial analysts, and company secretaries.

List of Top Commerce Colleges in Mumbai 2025

College 

NAAC Grade 

University of Mumbai

A++

Narsee Monjee College of Commerce and Economics

A

H.R. College of Commerce and Economics

A

St. Xavier's College, Mumbai

A+

Mithibai College

A++

Kishinchand Chellaram College

A

R A Podar College of arts & commerce

A+

Hinduja College of Commerce

A+

Sydenham College

A

Jai Hind College

A++

University of Mumbai

University of Mumbai is one of the oldest universities established in 1857. It has been accredited A++ grade by NAAC and ranked 61 by NIRF. universities provide students with facilities like laboratories, cafeteria, health care centre, virtual classroom, gymkhana, library, hostel, and more. University of Mumbai offers various commerce courses including B.COM program in financial market, economics, analytics, banking, and insurance. At PG level it provides M.COM in banking & finance, and business management. 

Admission to the University of Mumbai for UG and PG courses is expected to commence from 30th March 2025*. Students are advised to visit the university official website and access the application form through the admission portal. The Last date of applying for admission to the University of Mumbai is 15 April 2025*.

University of Mumbai Eligibility Criteria

  • Admission for commerce courses at UG level requires students to pass 12th from a recognised Divisional Boards of the Maharashtra State Board of Secondary and Higher Secondary Education.

  • Students aspiring for the B.COM program must have secured a minimum 45% mark.

  • For M.COM admission, students must have a bachelor's degree in a related field with a minimum mark from a recognised university. 

  • Students aspiring for the M.COM program must appear for the MAH CET entrance exam 

University of Mumbai Fee Structure 

Students applying for admission to the University of Mumbai for the commerce program can check the previous year's fee structure of 2024. The payment of the fee can be made online by checking the payment mode mentioned by the university.

B.COM fee structure 

1st year

INR 3680/-

2nd year

INR 3460/-

3rd year 

INR 3710/-

Narsee Monjee College of Commerce and Economics

Narsee Monjee college was established in 1964. It is located at V.L Mehta Road, Juhu, in the northwestern neighborhood of Mumbai, Maharashtra, India. Narsee Monjee college is approved by the UGC and is affiliated to the University of Mumbai. It has been accredited an A grade by NAAC with 3.42 CGPA and has been ranked 4th by Education World private autonomous colleges ranking 2023-24 all India. College offers a commerce program for 3 years. Narsee Monjee college bloomed with one B.COM  program in 1964 and added 7 more programs including accounting and finance, management studies, financial market, management and finance, economics, economics and analytics, and one interdisciplinary bachelor of science(IT). At PG level, the college has added 3 streams including advanced accountancy, business management, and banking and finance. 

Narsee Monjee College of Commerce and Economics admission will start soon for the session 2025-26. Students are advised to visit the college official website and access the application form through the admission portal. students are advised to submit the duly filled form by the deadline of 31st March 2025*.

Narsee Monjee College of Commerce and Economics Eligibility Criteria

  • Admission will be based on guidelines issued to the college by the University of Mumbai.

  • To be eligible for admission, students must have completed 12th from Divisional Boards of the Maharashtra State Board of Secondary and Higher Secondary Education.

  • Students have to clear CUET, which is a national level entrance examination conducted by NTA. 

  • For BMS admission students belonging to Maharashtra, must present a valid MAH CAT score.

Narsee Monjee College of Commerce and Economics Fee Structure 

Narsee Monjee college charges different fees for different commerce programs. Students are advised to check the fee structure before the official payment of the course fee.

Fee Structure 2024-25

Program 

Total Fee 

Bachelor of Commerce

INR 13750/-

Bachelor of Management Studies

INR 55000

Bachelor of commerce (accounting and finance)

INR 55000/-

Bachelor of commerce(financial market)

INR 55000/-

Bachelor of commerce(information technology)

INR 60500/-

Bachelor of Commerce (management and fiance)

INR 126500/-

Bachelor of Commerce (Economics)

INR 55000/-

Bachelor of Commerce (Economics and Analytics)

INR 104500/-

Bachelor of commerce (accounts and auditing)

INR 36790/-

Bachelor of commerce (banking and finance)

INR 36790/-

Bachelor of commerce (business management) 

INR 36790/-

H.R. College of Commerce and Economics

H.R.College of Commerce and Economics was established in 1960. It is located in Churchgate, Mumbai at 123 Dinshaw Wachha road. It is affiliated to the University of Mumbai and has been approved by the UGC.

H.R. College of Commerce and Economics has been accredited with an A grade by NAAC. The college provides infrastructure facilities like a high-tech lab, photography studio, sound studio, digital library, and research centre, and more. 

College offers a full-time commerce course including a 3-year B.COM program and a 2-year M.COM program. Students are provided with popular specializations in accounting and finance, financial market, business management, advanced accountancy, banking and finance. 

H.R. College of Commerce and Economics admission will start from 15th April 2025*.  Students are advised to visit the college official website and access the application form through the admission portal and submit the filled form by 30th April 2025*.

H.R. College of Commerce and Economics Eligibility Criteria

  • To be eligible for admission in H.R. College of Commerce and Economics, students must pass 12th with a minimum 45% mark from any reputed educational board. 

  • Admission to the M.COM program requires students to have a bachelor's degree in a relevant field. Selection of the students will be based on the valid scores of MAH CET entrance examination. 

H.R. College of Commerce and Economics Fee structure 

As per the previous fee structure of H.R. College of Commerce and Economics, Students pursuing B.COM program were required to pay a total fee of INR 5,762 per year.