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Narsee Monjee College of Commerce and Economics, Mumbai

Mumbai, Maharashtra
Public College

Important Updates for NM College} }

  • NMIMS-NPAT 2023 is the official entrance test for admissions to Undergraduate Degree Programs offered by NMIMS after 12th.
  • According to Narsee Monjee College of Commerce and Economics NIRF report 2021, a total of 87 were placed out of 1,033 students during NM College UG (3-year) placements 2020. Further, the median package offered during Narsee Monjee College of Commerce and Economics UG (3-year) placements 2020 was INR 4 LPA.

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. 

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 4th 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. 


Top Courses, Fees & Eligibility

Select degree :
B.ComBMSB.ScB.Com {Hons.}M.Com
Select stream :
CommerceScienceManagement

1st Yr Fees

55,000
Duration3 Year(s)
Exams accepted
No Exams Found

Application Date25 May - 11 Jun 2024
Eligibility10+2
Cut off-RankingNo Ranking Found

1st Yr Fees

55,000
Duration3 Year(s)
Exams accepted
No Exams Found

Application Date25 May - 11 Jun 2024
Eligibility10+2
Cut off-RankingNo Ranking Found

1st Yr Fees

60,500
Duration3 Year(s)
Exams accepted
No Exams Found

Application Date25 May - 11 Jun 2024
Eligibility10+2
Cut off-RankingNo Ranking Found

1st Yr Fees

1,26,500
Duration3 Year(s)
Exams accepted
No Exams Found

Application Date25 May - 11 Jun 2024
Eligibility10+2
Cut off-RankingNo Ranking Found

1st Yr Fees

36,790
Duration2 Year(s)
Exams accepted
No Exams Found

Application Date22 May - 19 Jun 2024
EligibilityGraduation
Cut off-RankingNo Ranking Found

College Compared

Popular Colleges Compared With Narsee Monjee College of Commerce and Economics , Mumbai

Ranking
No Ranking Found
Avg Fees/Year
4,25,000

College Faculty

Basic Information About Faculty

Smt. Tessy Philji?

Assistant Professor, Department of Commerce


Mr. Smitin Harishchandra Belchada?

Assistant Professor, Department of Commerce


Dr. Vandana. T. Misra?

Associate Professor, Department of Mathematics & Statistics


Mr. Pradeep Varma

Assistant Professor, Department of Mathematics & Statistics


Shri Sameer. J. Dave?

Assistant Professor, Department of Accounts


CA Pravin Pawar

Assistant Professor, Department of Accounts


Smt. Sneh. H. Choithani?

Associate Professor, Department of Economics

Ms. Kesia Varghese?

Assistant Professor, Department of Economics

Dr. Reeta Jain

Assistant Professor, Department of Management


College Facilities

Basic Information About Facilities

Comp Labs
Sports
Library
Medical
Cafeteria
Auditorium
Hostel

Placement

Find Placement Details about Narsee Monjee College of Commerce and Economics here.

companyErnst & Young
companyInfosys
companyJP Morgan Chase & Co.

College Ranking

Ranking of Narsee Monjee College of Commerce and Economics


In News

Catch All Media Coverage Of This College

Mumbai Universitys Kalina Campus Gets Biodiversity Park
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Mumbai University Exams Postponed To be held post Diwali New Dates to be Out Soon
New Delhi: Mumbai University has postponed the exams for all courses till diwali following the multiple requests from final year students. Previously the tests were scheduled to begin from October 15, 2022.  “The Board of Examination and Evaluation, in a meeting, has decided to
Mumbai University Admission 2022 Open for PhD in English
New Delhi: The University of Mumbai, also known as Mumbai University (MU) is inviting applications for admission to its PhD program in English for the session 2022-23. Interested candidates can apply online on the official university website at mu.ac.in till August 10, 2022.  As
Mumbai University 3rd Merit List 2022 Live Check Latest Updates and Direct Link Here
New Delhi: University of Mumbai (MU) has released the MU 3rd Merit List 2022 today, on July 13, 2022, at 11 am for all its affiliated colleges. Candidates who have applied for Mumbai University UG Admission 2022 can check the merit list by visiting the official website at mu.ac.in. Candid

Contact details & location

Get contact details of Narsee Monjee College of Commerce and Economics

Swami Bhaktivedant Marg, Bhagubai Mafatlal Complex, Opp. Cooper Hospital, Vile Parle West India - 400056
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Ask your question


Answered Questions

Narsee Monjee College of Commerce and Economics: 31 answered questions

DS

Deepika Shah

22 Aug 22

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. 

...Show More

AM

Aditi Mishra

21 Jul 22

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. 

...Show More

UD

Ujan Dasgupta

17 Apr 22

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. 

...Show More

KS

Kriti Sinha

22 Aug 22

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. 

...Show More

SM

Sarthak Mishra

30 Jun 22

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. 

...Show More

NS

Nikita Sinha

23 Jul 22

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. 

...Show More

CB

Chetna Bose

09 Aug 21

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.

...Show More

IB

Ishika Banerjee

22 Aug 22

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.

...Show More

AS

Abhijeet Singhal

09 Aug 21

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.

...Show More

SG

Satabdi Gupta

06 Aug 21

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. 

...Show More

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