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Best Commerce Colleges in Mumbai for 2025: Admission, Rankings & Placement

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Which Commerce College in Mumbai Has the Best Placements in 2025?

Mumbai is a powerhouse for commerce education in India, uniquely blending affordability, extensive college options, and direct industry exposure. Choosing one of the top commerce colleges in Mumbai for 2025 means accessing a vibrant academic environment, high-quality faculty, and major career advantages for BCom, CA, CS, and CMA aspirants. Whether you aim to pursue undergraduate commerce, professional courses, or postgraduate tracks like MCom, Mumbai’s colleges offer robust support and countless opportunities within India’s commercial capital.


Commerce Education Landscape: Mumbai’s Unique Strengths

Home to the University of Mumbai and several autonomous institutions, the city offers a spectrum of degrees—from FYJC Commerce (11th and 12th) to full-fledged BCom (General & specialised), MCom, and integrated professional pathways. Leading Mumbai colleges often coordinate CA, CS, and CMA coaching with classes, letting you build exam credentials alongside your academic journey. This helps you gain both fundamental knowledge and exam-readiness within a cohesive peer group.


  • Direct industry connection via placements and internships
  • Rich alumni networks supporting career growth
  • Aided (government-supported) and unaided (self-financed) options for varied budgets

Top Commerce Colleges in Mumbai – 2025 List

Below is a comparative table of premier institutions across criteria like fee, cut-off, NAAC grade, and placements. These colleges consistently lead in course quality, job offers, and faculty reputation.


RankCollege NameNAACBCom 1st Yr Fee (₹)2024-25 Cut-Off (%)Avg. Placement (₹/yr)Top RecruitersNearest Metro/Locality
1St. Xavier’s CollegeA+75,00095–986,00,000Deloitte, KPMG, ICICICST/Fort
2Narsee Monjee CollegeA75,00092–966,10,000PWC, EY, Axis BankVile Parle
3RA Podar CollegeA+83,61091–95Infosys, HDFC, TCSMatunga
4HR CollegeA50,45093–975,00,000Godrej, Deloitte, CitiChurchgate
5K J Somaiya CollegeA17,07590–94Bajaj, Kotak, CapgeminiVidyavihar

These best BCom colleges in Mumbai have a proven track record in placements, partnerships, and academic innovation—ideal for students targeting elite profiles and CA, CS, or CMA routes.


Commerce College Cut-Offs and Eligibility for 2025

Merit-based admissions drive most commerce seat offerings in Mumbai. The mumbai university commerce cut off for top BCom courses typically falls in the 90–98% range for general category aspirants.


CourseGeneral Cut Off (%)Eligibility Criteria
BCom (General)91–9812th pass, minimum 50%, PCM/equivalent
BCom (Specialisations)90–9712th commerce preferred
FYJC Commerce86–9410th pass, as per state board rules

Applicants from reserved categories often benefit from relaxed cut-offs. Each year, the highest-ranked institutions attract students with exceptional grades.


Placements, Salary, and Career Outcomes

Colleges like St. Xavier’s, Narsee Monjee, and HR College report placement rates of 80–95% for commerce batches. The average package hovers between ₹4–6 lakh, with some students securing up to ₹22 lakh in leading firms.


  • Top recruiters: Deloitte, EY, KPMG, Godrej, Citi, Infosys, TCS
  • Internship support for CA, CS, and CMA preparation
  • Alumni network in Big 4, banks, startups, government sector

Strong placement statistics and dedicated industry cells help students align academics with real job outcomes in India’s financial hub.


Application and Admission Process for 2025

Mumbai commerce colleges follow a structured, online-first admission cycle. Prospective students must track application deadlines, document upload requirements, and verify eligibility as per category and domicile.


  1. Register on the respective college/University of Mumbai portal
  2. Submit scanned copies of 10th/12th marksheets and ID
  3. Pay application fee and select course/college preference
  4. Upload reservation or special quota documents if relevant
  5. Check merit list and follow for document verification/counselling

Admissions are typically merit-based but some unaided/self-financed colleges may have additional interview or written rounds.


Fees, Scholarships, and Financial Aid for Commerce Programmes

Fees of commerce colleges Mumbai differ sharply between aided and unaided options. While government-aided institutions like K J Somaiya and Wilson offer BCom below ₹20,000/year, private and autonomous colleges may charge ₹50,000–₹1,30,000 per year for self-financed seats.


  • Government scholarships for SC/ST/OBC and lower-income groups
  • Merit-based fee waivers up to 50% tuition
  • Endowment/foundation scholarships (college-specific)

Applicants must check both state and institutional sites for updated 2025 scholarship notifications and application rules.


Comparing Aided vs Unaided Commerce Colleges in Mumbai

Making a choice between aided vs unaided colleges Mumbai is crucial. Aided colleges receive government support, keeping fees and operational costs substantially lower.


FeatureAided CollegeUnaided College
Fee (Annual, Approx.)₹5,000 – ₹20,000₹40,000 – ₹1,30,000
Seat IntakeHigher (reserved quotas apply)Merit+management, some direct seats
PlacementsStrong (legacy networks)Variable (depends on college)
FacultyStable, experiencedQualified; more industry-linked in some

Fee, brand reputation, crowd, and placement statistics should drive your choice. Leading unaided colleges compete through active industry and global partnerships.


Career Support: CA, CS, and CMA Exam Environments

Mumbai’s best commerce colleges provide a strong environment for CA, CS, and CMA exam preparation. Many facilitate peer study groups, dedicated coaching tie-ups, and alumni guidance sessions.


  • On-campus CA Foundation, CS Executive, CMA Foundation workshops
  • Internship pipelines through partner firms and startups
  • Internally run mock exams and career seminars

Studying in Mumbai offers a blend of coursework and professional exam synergy, accelerating your business career goals right from undergraduate years.


Pitfalls: Common Mistakes During College Selection & Applications

Avoidable errors can jeopardise your admission or experience. Some of the most frequent mistakes made by commerce aspirants include:


  • Overlooking precise cut-off data for your category/stream
  • Not verifying eligibility for aided vs unaided programs
  • Missing admission deadlines and document submission windows
  • Not researching placement rates and alumni outcomes
  • Applying to too few/mismatched colleges

Quick Checklist for Commerce College Application Success

  • Shortlist colleges by cut-off history, fees, and campus support
  • Scan and organize marksheets, ID, and reservation proofs
  • Monitor official college/University of Mumbai sites for updated timelines
  • Prepare for interviews (where needed)
  • Maintain contact with college helplines for queries

For introductory course structure, see Commerce Courses After Class 10th. Syllabus planning tips are available in the Commerce Subject Resources section.


Selecting among the top commerce colleges in Mumbai is a defining step for your business and professional journey. Evaluate recent placement and cut-off data, consider your budget, and align with colleges offering robust professional exam support. Mumbai’s leading commerce institutions equip you for a successful career in the world of commerce, finance, and accounting.


FAQs on Best Commerce Colleges in Mumbai for 2025: Admission, Rankings & Placement

1. Which college is best for Commerce students in Mumbai?

The best colleges for Commerce students in Mumbai include St. Xavier’s College, Narsee Monjee College of Commerce and Economics (NM College), HR College of Commerce & Economics, and RA Podar College. These institutes offer top placements, experienced faculty, strong CA/CS/CMA support, and excellent student outcomes. The best college for you depends on your marks, preferred location, specialisation, and whether you want aided or unaided courses.

2. Which college in Mumbai has the highest placement for commerce students?

Narsee Monjee College of Commerce and Economics (NM College) and HR College are known for having the highest placement rates among commerce colleges in Mumbai. Both attract leading recruiters, offer industry-linked internships, and have strong alumni networks. Placement packages depend on your course, specialisation, and performance.

3. What is the typical cut-off for BCom courses in top Mumbai colleges?

Cut-offs for BCom (Bachelor of Commerce) courses at top Mumbai colleges like NM College, HR College, and St. Xavier’s are usually very high, often above 90-95% for general category students. Cut-off trends vary yearly depending on board results and seat availability. For aided colleges, minority/community quotas and reservation policies may apply.

4. What are the top commerce colleges in Mumbai for 11th and 12th (FYJC/SYJC)?

Top commerce colleges in Mumbai for FYJC and SYJC (11th and 12th standard) include NM College, HR College, RA Podar College, St. Andrew’s College, and Mithibai College. These institutions are preferred for strong academics, CA/CS foundation integration, and excellent board exam results. Admission is usually through the Mumbai FYJC Online Admission process and based on 10th board marks cut-off.

5. What is the difference between aided and unaided commerce colleges in Mumbai?

Aided colleges are government-supported and offer lower fees, reservation benefits, and more seats for local students, while unaided colleges (self-financed) generally have higher fees, modern infrastructure, and more flexibility in curriculum. Both can offer excellent academic results and placements, so choose based on your financial preference, locality, and desired peer group.

6. Are Mumbai commerce colleges good for CA/CS/CMA preparation while studying BCom?

Mumbai's leading commerce colleges are highly supportive of students who wish to pursue CA (Chartered Accountancy), CS (Company Secretary), or CMA (Cost & Management Accountancy) alongside their BCom degree. Many colleges have tie-ups with professional coaching classes, flexible timetables, and peer groups focused on exam success.

7. What are the fees for top commerce colleges in Mumbai?

Fees for aided commerce colleges in Mumbai generally range from INR 5,000 to 15,000 per year. Unaided/self-financed colleges may charge anywhere between INR 20,000 and 70,000 per year or higher depending on the course and facilities. Additional fees for professional exam support and extracurriculars may also apply.

8. How do I apply for admission to commerce colleges in Mumbai for 2025?

Admission for FYJC (11th Std.) is through the Mumbai FYJC Online Admission portal based on 10th marks. For BCom or degree admissions, apply through the Mumbai University portal and individual college websites. Keep your academic mark sheets, category certificates, and required ID proofs ready. Always check application dates and merit list schedules.

9. What scholarships and financial aid are available for commerce students in Mumbai colleges?

Government scholarships (like Post Matric, Minority, Merit-cum-Means), college-specific fee waivers, and private merit scholarships are available for commerce students in Mumbai. Many top colleges offer need-based and performance-based scholarships, so check eligibility on official portals and apply early.

10. What are the common mistakes to avoid while selecting a commerce college in Mumbai?

Common mistakes include ignoring cut-offs, not checking aided/unaided status, missing deadlines, and not verifying placement records or support for CA/CS exams. Always research fee structure, faculty, location accessibility, extracurriculars, and read student reviews before finalising your choice.

11. Do Mumbai commerce colleges have special vacancy or stray rounds for late applicants?

Yes, many colleges conduct special vacancy (stray) rounds if seats remain unfilled after official merit rounds. However, options are limited and cut-offs can still be high. Check individual college notifications and the Mumbai University/FYJC portals regularly for any vacancy announcements.

12. Which universities are best for commerce in Mumbai?

Mumbai University is the principal university for commerce education, affiliating most top colleges. Some autonomous colleges (e.g., NMIMS for integrated BBA/commerce courses) also offer high-quality programs with strong placement and exam support for commerce aspirants.