What is your review of Narsee Monjee College of Commerce And Economics?

Narsee Monjee College of Commerce is one of the leading Commerce colleges in the country. It is also known as a ‘CA factory’. The name is appropriate, given that around 75% of students of each batch become CA. NM offers good academics and learning resources. Many reputed companies such as Deloitte, KPMG, PWC, etc. visit NM College of Commerce placements. The average CTC offered in the campus placement is around INR 4 LPA.

Is NM BMS better or NMIMS BBA?

NM College BMS is a better option compared to NMIMS BBA. The course fee is nominal. The total course fee for the 3-year long course is around INR 84,000. While NMIMS BBA total fees are around INR 9.30 lakhs. NM College placements are good. The median CTC offered was INR 4 LPA during the recent placement drive. The ROI is definitely better compared to NMIMS BBA.

Which one is better, BMS at NM or BBA at NMIMS?

Among these two options, NMIMS BBA is the better choice. The course is well-designed as per the current trends of the industry. The curriculum is interactive and there are various study-based projects and presentations that will keep you engaged. NMIMS BBA placements are pretty good. Around 100% of students get placed. The average CTC received by the student of this department is INR 3 LPA.

How are the placements for BMS students in Narsee Monjee College of Commerce and Economics (NM College)?

NM College of Commerce and Economics placements are good for BMS students. Here are the recent placement highlights. Parameters Statistics Average Package INR 5 LPA Highest Package INR 10-12 LPA Placement rate 80% BMS Students usually get placed in job roles such as business developers, analysts, associates, etc. Many large-scale companies including the big-4 take part in the placement drive.

Which one should I attend amongst Narsee Monjee College of Commerce and Economics, St. Xaviers College, Kolkata and Christ University for commerce?

If you are getting the morning section, choose St. Xaviers. The institute has an amazing commerce department. It is one of the top commerce colleges in the country. The faculties and infrastructure are excellent. There are tonnes of extra-curricular activities to pick from. The department has a good placement record. Each year around 90% of students get placed through the campus drive.

Which one is better: Narsee Monjee College of Commerce and Economics or Narsee Monjee Institute of Management Studies for B.Com (hons)? Why?

Narsee Monjee College of Commerce and Economics is better for pursuing a B.Com (Hons.). It is older and well-reputed. The commerce faculty of the college is excellent. NMIMS is primarily a B-School and offers a good MBA degree. But it started offering undergraduate degrees recently. Narsee Monjee B.Com fees are almost half of what you will pay at NMIMS. The total course fees amount to INR 92,000. NM College of Commerce and Economics placements are good. Reputed companies such as Morgan Stanley, EY, KPMG, etc. visit the campus placements. The average CTC received by the students is around INR 7 LPA.

How are the placements at Narsee Monjee College of Commerce and Economics?

The placement at NM College of Commerce and Economics is amazing. The college offers great industrial exposure in National Companies and other Corporate firms. However, very few companies visit the campus for the recruitment process. The placement cell tries to bring companies for internships as well. The companies that often visit the campus for recruitment during placement drives are: Citigroup Honeywell TCS Federal Bank Ernst and Young KPMG Barclays Bank Deloitte Accenture JP Morgan Chase There are many more such big companies that have visited for the placement.

How do I get admission through management quota in Narsee Monjee college of commerce and economics I have scored 93.4% in 12th class?

Getting admission to Narsee Monjee College of Commerce and Economics depends on various factors such as course, availability of seats, domicile, etc. It’s easier for Maharsahtra domicile students to get direct admission through the management quota. Having a 93.5% in 10+2 should work in your favor, as students need at least 85% to be eligible for admission through the management quota.

Which college is the best for a BBA/BMS, Narsee Monjee College of Commerce and Economics, Mithibai College, or Ness Wadia College of Commerce (Pune)?

In terms of academics, Narsee Monjee College of Commerce and Economics would be the best option among the above-mentioned colleges. NM College has strict rules for conduct which are thoroughly followed very seriously in classrooms as well as colleges’ premises. It is known to have a good environment and you can focus very well on your studies. NM College does not only focus on theoretical knowledge but focuses on practical learning as well. There is a placement cell that invites various companies for job interviews. The placements are good. NM College of Commerce and Economics is undoubtedly one of the best of all.

Can BAF and CA be done together at Narsee Monjee College of Commerce and Economics?

My sister is a student of Narsee Monjee College of Commerce and Economics and according to her, it can be done. But it will definitely be very much difficult for you to handle. The attendance of Narsee Monjee is strict, at least 75% is required. So you will have to attend classes almost every day. Then the classes are not according to a fixed schedule. They change frequently. You may have a presentation or a project at any time without notice. This will eat up a lot of your time. All these things make doing CA and BAF simultaneously very difficult. But yes it can be done nonetheless. If you can take this and manage classes and office at the same time then go ahead and do it.

Narsee Monjee (NMCCE): Admission 2023, Cutoff, Courses, Fees, Placement, Scholarships

Narsee Monjee College of Commerce and Economics, popularly known as NM College, is a private institute in Vile Parle West, Mumbai. NM College was established in 1961 by Shri Vile Parle Kelavani Mandal (SVKM). The college is affiliated with the University of Mumbai and accredited with an ‘A’ grade by the NAAC. It is also ranked 4th All India in Education World Private Autonomous College Rankings 2023-24.

Initially, NM College started with one course B.Com in 1964 with a total intake of 250 students. Now, it offers more than six courses at Undergraduate, Postgraduate, and Doctorate levels with a total intake of approximately 5500 students. Additionally, the college offers certificate courses for working professionals. Admissions to all courses (except BMS) at NM College are offered based on marks secured in the qualifying exams as per the guidelines set by Mumbai University.

During Narsee Monjee College of Commerce and Economics Placement 2023-2024, the highest salary package of INR 14.10 was offered to a B.Com student by Axxela Financial Services. Some of the top recruiters include Deloitte, Morgan Stanley, KPMG, Ernst & Young, PWC, KNAV, DH Consultants and many more.

Table of Content

NM College Merit List 2024
NM College Highlights
NM College Courses & Fees
NM College Admission
NM College Placement
NM College Scholarship
NM College Infrastructure & Facilities
NM College Alumni
NM College FAQs

NM College Merit List 2024 (Released)

UG Course	Fourth Merit List
B.Com	Check Here
BAF	Check Here
BMF	Check Here
B.Com (Economics)	Check Here
B.Com (Economics & Analytics)	Check Here

PG Course	First Merit List
M.Com Advanced Accountancy	Check here
M.Com Business Management	Check here
M.Com Banking & Finance	Check here

NM College Highlights

Here are some highlights on Narsee Monjee College of Commerce and Economics.

NM College Highlights
Name of the College	Narsee Monjee College of Commerce and Economics
Location	Swami Bhaktivedant Marg Bhagubai Mafatlal Complex, Opp. Cooper Hospital Vile Parle West Mumbai 400056
Affiliated With	University of Mumbai
Recognized By	UGC
Courses Offered	UG, PG & Ph.D.
Flagship Course	B.Com
Admission Criteria	Merit/Entrace-based
Highest Package	INR 14.10 LPA (B.Com)
Top Recruiters	Deloitte, Morgan Stanley, KPMG, Ernst & Young, PWC
Official Website	nmcollege.in

NM College Courses and Fees

NM College offers B.Com at the UG level in multiple streams like Accounting and Finance, Financial Markets, Management and Finance, Economics, Economics & Analytics, BMS, and BSc IT, M.Com, and PhD programs. Details like eligibility, selection criteria, and fees for NM College courses are as follows:

Courses	Eligibility & Selection Criteria	Total Fees
B.Com	Eligibility: A candidate must have passed the Higher Secondary School Certificate (Std. XII) examination( with minimum 60% marks in aggregate of all subjects) conducted by the Maharashtra/ other Indian State Boards or equivalent examination Selection Criteria: Merit-based	In-house: INR 13,750 Outside: INR 14,470
BMS	Eligibility: A candidate must have passed the Higher Secondary School Certificate (Std. XII) examination (with minimum 60% marks in aggregate of all subjects) conducted by the Maharashtra / other Indian State Boards or equivalent examination or Diploma program in any Engineering Branches with two years or three years after SSC/(Std X) examination conducted by the Board of Technical Examination or its equivalent examination Selection Criteria: Common Entrance Test by State Cell Maharashtra (MH-CET)	In-house: INR 55,000 Outside: INR 55,720
B.Sc.	Eligibility: A candidate must have passed the Higher Secondary School Certificate (Std. XII) examination ( with minimum 60% marks in aggregate of all subjects) conducted by the Maharashtra/ other Indian State Boards or equivalent examination with Mathematics as one of the subjects Selection Criteria: Merit-based	In-house: INR 60,500 Outside: INR 61,220
M.Com	Eligibility: B.Com/ BMS/ BBI/ BAF/ BFM Degree & (BMM only for Management specialization) Selection Criteria: Merit-based	In-house: INR 36,790 Outside: INR 37,510

NM College Admissions

Admissions at NM College are offered in two categories i.e. In-House and Outsiders. Students from SVKM’s Narsee Monjee College of Commerce & Economics are considered as In-House students and students passing out from other colleges are Outsider students. NM College admissions for all courses (except BMS) are offered based on marks secured in the qualifying examination in both categories. However, the college is now taking admission for the BMS program through a Common Entrance Test by State Cell Maharashtra (MH-CET) as per the new guidelines by Mumbai University. NM College admission process is as follows:

Step 1: Register Online and Complete the Application

Students seeking admission to the Degree College must fill the pre-admission enrolment form of the Mumbai University admission portal and then the online application form for admission on the NM College official website (nmcollege.in) once the HSC/12th Board exam result is out and the University of Mumbai declares the schedule of admission. The completed application form has to be submitted along with all required relevant documents online.

Students are required to register on the site of the Academic Bank of Credit (abc.gov.in) as it is mandatory.
For In-House Students (BCOM) Aided Courses: Candidates should fill in the online Pre-enrollment form of the University of Mumbai from under the Autonomousl category, as N M College is an autonomous institution & take printouts.
For Self-financed programs, the In-house category DOES NOT apply.

Step 2: Merit List Announcement

After the registration process is complete, the college will release merit lists for shortlisted candidates for admission. The college usually releases 3 merit lists on its official website for each program to fill the seats. If seats remain vacant, the college will conduct spot admissions.

Step 3: Verification of Document & final admission

Candidates whose names appear on the merit list are required to report to the college for document verification. Once the verification is done, candidates will be offered admission after paying the required admission fee.

NM College Placements

NM College placement 2024 report is yet to be released. As per the NM College placement 2023 report, the highest salary package of INR 14.10 LPA was offered to a B.Com students by Axxela Financial Services. The overall average salary package stood at INR 6 LPA. Highest salary packages offered by top 5 companies are as follows:

Company Name	No. of students selected & Courses	Salary Package
Axxela Financial Services	1 BCom	14.10
Futures First	1 BAF	12.88
Deloitte India	6 MCom	INR 7.6
Barclays Bank	1 BFM	INR 7 LPA
TADS Education	2 MCom	INR 8 LPA

As per NIRF 2023 submitted by the NM College, the median salary packages offered to UG and PG students are given in the table below:

Particulars	Placements Stastics 2022-23
UG (3 Years) Students Placed	110
UG (3 Years) Median Salary Package	INR 2.79 LPA
PG (2 Year) Students Placed	10
PG (2 Year) Median Salary Package	INR 5 LPA

NM College Scholarship

NM College provides various scholarships based on both merit and need-based under the different scholarship schemes by the Government of Maharashtra. The terms & conditions for the Scholarships/ Freeships vary from Scholarship to Scholarship and the students can avail of only one Scholarship / Freeship in a year.

Here is a list of NM College Scholarship

Scholarship to the Scheduled Caste/Scheduled Tribes/ Person with Disability/ V.J.N.T. / Special Backward Class (SBC)/ (OBC) other Backward Class Students.
Award of Freeship/ Examination Fees to Scheduled Caste/ Scheduled Tribes/ VJNT/ Special Backward Class (SBC) /Other Backward Class Students.
Government Scholarship to Pupils of Central Sector Scheme for Undergraduate Courses.
Post Matric Scholarship to students of Minority Community. (Viz. Muslim, Buddhist, Christian, Parsi, Sikh, Jain, etc.)
Government Studentship to pupils of Economically Backward Classes for Junior College.
State Government Open Merit Scholarship.
Education Concession to the Children of Ex-Servicemen.
Rajarshi Chhatrapati Shahu Maharaj Shikshan Shulka Shishyavrutti Scheme.
Eklavya Scholarship for Post Graduate Students.

NM College Infrastructure & Facilities

Narsee Monjee College of Commerce and Economics has world-class infrastructure, access to latest technology and exposure to diverse technical skills, offered by the institution equips learners to stride with competitive fervour.

Various facilities offered at NM College are given below:

Library: NM College Library is 7400 sq. ft. total spread over two stories. There is space in the reading room for 300 pupils. Each table is equipped with a laptop plug for convenience. The College Library Committee consists of the staff members from Degree College, Junior College, Unaided Courses, Librarian and Assistant Librarian. The library collection consists of Books - 38866 (Net total), Periodicals subscribed – 82, CD-ROMs – 307, Newspapers -21, Maps – 4, Online databases- 31.
Classrooms: There are 36 lecture rooms available at the college, with seating for between 60 and 140 people. In addition, lecture halls are used for speaker sessions, staff meetings, training sessions, and break-out rooms for larger gatherings.
Auditoriums & Halls: NM College has roomy auditoriums and seminar halls to promote thought-provoking events and conversations. These locations hold cultural events, workshops, seminars, and guest lectures, creating a lively environment that supports extracurricular and academic pursuits.
Sports Facilities: Acknowledging the significance of comprehensive growth, the college offers top-notch athletic facilities. With the availability of well-equipped gymnasiums, indoor sports courts, and outdoor sports fields, students can pursue their academic objectives and maintain their physical well-being.
Cafeterias & Food Courts: The college is aware of how important it is to offer a satisfying and cozy dining experience. Well-kept food courts and cafeterias provide a range of tasty and nutritious options to suit a wide range of palates and dietary requirements.
Hostel: There are some private student housing complexes near the college for students who require hostel facility. Students have to arrange the accommodation by themselves.

NM College Alumni

Nita Ambani: Chairperson and founder of the Reliance Foundation, Dhirubhai Ambani International School, and a director of Reliance Industries.
Aamir Khan: Indian Actor
Divyank Turakhia: Indian-born serial entrepreneur, self-made billionaire and investor, and Founder of Media.net
Nirmal Jain: Founder and Chairman of India Infoline Group, a financial conglomerates
Anita Donge: Indian Fashion Designer

Check More: NM College Reviews

NM College FAQs

Ques. Does NM College have any centers for extra or co-curricular activities?

Ans. Narsee Monjee College of Commerce and Economics, commonly known as NM College, indeed offers various opportunities for extra and co-curricular activities. The college recognizes the importance of holistic development alongside academic excellence. The college has several centers for extra and co-curricular activities such as Mathematics & Statistics Cell, Association of Accountancy, Finance & Investment Cell, Advertising & Marketing Circle, Brand Building Committee and many more.

Ques. How are the placements at NM College?

Ans. During Narsee Monjee College of Commerce and Economics Placement 2023-2024, the highest and average package offered stands at INR 14 LPA and INR 5.5 LPA respectively. Some of the top recruiters that visit the campus for placement include top-notch companies like Deloitte, Morgan Stanley, KPMG, Ernst & Young, PWC, KNAV, DH Consultants and many more.

Ques. What are the courses offered at NM College?

Ans. At present, NM College offers UG, PG & Ph.D. courses. The college started with an initial intake of 250 students has now grown to have a total strength of approximately 5500 students. B.Com is the flagship course offered at NM College as it statrted just one course in B.COM in 1964. Some of the courses offered at NM College are B.Com, BMS, B.Sc.& M.Com.

Ques. How to reach NM College?

Ans. The nearest railway station to NM College would depend on your starting point. However, Vile Parle and Andheri are two major railway stations nearby. From the station, you can hire an auto-rickshaw, take a bus, or walk to reach the college campus. Mumbai has a comprehensive bus network operated by BEST (Brihanmumbai Electric Supply and Transport) and other private operators.

Ques. How are hostels at NM College?

Ans. There are private hostels and dormitories available in the vicinity of NM College. These hostels typically offer shared or individual rooms with basic amenities like bedding, furniture, Wi-Fi, and sometimes meals. There are some private student housing complexes near the college for students who require hostel facility. Students have to arrange the accommodation by themselves.

Ques. What is the eligibility criteria for NM College?

Ans. A candidate must have passed the Higher Secondary School Certificate (Std. XII) examination conducted by the Maharashtra/ other Indian State Boards or equivalent examination (with a minimum of 60% marks in aggregate of all subjects) or Diploma program in any Engineering Branches with two years or three years after SSC conducted by the Board of Technical Examination or its equivalent examination. The final admission to the program will be given based on equal weightage to class XIIth marks (aggregate of all subjects) Under NEP 2020, UG Programs will be of 4 years duration with Honors/Research.

Ques. What is the status of recognization of NM College?

Ans. Narsee Monjee College of Commerce and Economics is an autonomous college that was established in the year 1964 by Shri Vile Parle Kelavani Mandal (SVKM). The college is affiliated with the University of Mumbai and recognized by University Grants Commission (UGC). NMCCE Mumbai has been re-accredited by NAAC with Grade ‘A’. NM College has been ranked 4^th by Education World Private Autonomous College Rankings 2023-2024.

Ques. What is the flagship course at NM College?

Ans. B.Com is the flagship course offered at NM College as the college started with just one course in B.COM in 1964. Admissions to all the UG and PG courses are purely based on merit as per the University of Mumbai guidelines.