Top 10 Commerce Colleges in Mumbai 2025: Ranking, Fees, Admission, Courses & Placements

Mumbai, the financial capital of India is the hub of most prestigious commerce colleges. Presently, it stands as the foremost choice of the aspirants who are willing to build a solid foundation in commerce and related fields. With the diverse range of options, there are nearly 125+ best commerce colleges in Mumbai including 100+ private and 20+ government -run institutions. Along with these some distance learning commerce institutes present in Mumbai, Maharashtra.
Students can choose from accounting , finance & economics. The universities offer the opportunity to choose among their most popular undergraduates & post graduate courses like traditional courses of B.com as well as specialized courses (BMS, BBI, BFM, BAF), based on career aspirations of candidates. Top 10 commerce colleges in Mumbai accept applicants primarily through university merit list, CUET-UG scores and institute entrance exams.
Top 10 Commerce Colleges in Mumbai: Quick Highlights
When talking about Mumbai, commerce field students will get emerging top 10 colleges with top notch education quality and wide career options. Those who are willing to enroll in to 10 commerce colleges in Mumbai walk through this quick overview presented in the table below:
Particulars | Details (2025) |
---|---|
Location Of Colleges | Mumbai, Maharashtra |
Field | Commerce |
Number of Commerce Colleges | 120+ (100+ private 20+ govt. & some distance) |
NAAC | All the top colleges have A/A+ grade |
Fee ranges | ₹5,000- ₹3,00,000 per year |
Admission Test | CUET , Merit list of Mumbai University, College -level rounds |
Academic Eligibility | 10-12th with 45-60% in commerce from the recognized Board. |
Cut-offs | 94-99% for top 10 colleges |
Scholarship | Yes |
Average Package | ₹4lakh - ₹7lakh per year |
Top 10 Commerce Colleges in Mumbai: NAAC Grade & NIRF Ranking
While discussing upon top 10 commerce colleges in Mumbai, NAAC accreditations and NIRF results is the 1st criteria to consider. Although, it sets a benchmark that defines the academic credibility of colleges.
Top 10 Commerce Colleges in Mumbai Ranking
The tabulated data shows the top 10 commerce colleges in Mumbai with their NIRF ranking for 2024 and 2025. In addition to this, you will find the NAAC grade and CGPA, which are as follows:
College Name | NAAC Grade & CGPA | NIRF Ranking 2024 & 2025 |
Narsee Monjee (NM) College of Commerce & Economics | Grade - A CGPA - 3.42 | - |
Grade -A+ | 89 | |
HR College of Commerce & Economics | Grade -A | - |
Mithibai College of Arts Science & Commerce | Grade -A CGPA - 3.57 | - |
Jai Hind College | Grade -A CGPA -3.52 | - |
K J Somaiya College of Arts & Commerce | Grade -A CGPA - 3.27 | - |
K.C. College, Mumbai | Grade -A CGPA - 3.41 | - |
R.A. Podar College of Commerce & Economics | Grade -A+ CGPA - 3.63 | - |
Hinduja College of Commerce | Grade -A | - |
Sydenham College of Commerce & Economics | Grade -A | - |
Top Commerce Colleges in Mumbai: Government, Private or Distance
These are more reputed commerce colleges in Mumbai like:
- Top Government commerce college in Mumbai
- Top Private commerce college in Mumbai
- Top Distance learning commerce college in Mumbai
The data includes more reputed commerce colleges Mumbai with their fee range:
Type of Other Colleges | |||||
Top 3 Government Commerce Colleges in Mumbai | |||||
R.A. Podar College | K.C. College | Sydenham College of Commerce & Economics | |||
Tuition Fees: ₹5000 - ₹ 17000 per year | |||||
Top 3 Private Commerce Colleges in Mumbai | |||||
Narsee Monjee College of Commerce & Economics | HR College of Commerce & Economics | Mithibai College | |||
Total Fees: ₹70,000- 3 lakh per year | |||||
Top 2 Distance Commerce Colleges in Mumbai | |||||
Institute of Distance & Open Learning (IDOL) | Centre for Distance Education, SNDT Women’s University | ||||
Fee Range: 10,000-20,000 per year |
Top 10 Commerce Colleges in Mumbai: Admission
These top 10 commerce colleges in Mumbai admission process follows certain essential things to accept enrolling applications. Obviously, the competition for entry in these colleges is high. However, getting aware of qualification criteria in advance would help you to prepare in advance. Admission will be based upon:
- Academic performance and qualifying marks.
- CUET exam results and Mumbai University cutoff.
- Scholarship available for meritorious aspirants.
Students also search for critical factors to apply for their desired universities. Such as:
- Eligibility Criteria
- Admission or Qualifying test
- Popular Commerce Courses & their fee structure
- Placements opportunities & top tie-ups.
- Scholarship available , if any.
Students can see the details for each of these mentioned criteria:
Criteria | Details |
Eligibility | 10-12th with 45-60% in commerce from the recognized Board. |
Top Tests | CUET -UG |
Courses & Fee Structure | B.com : ₹5000 - ₹75,000 BMS/BBI/BAF/BFM - ₹50,000 - ₹3,00,000 |
Top Commerce Colleges in Mumbai: Scholarship
Mumbai also gives you scholarship & fellowship options to support your studies. Securing a seat in top 10 commerce colleges in Mumbai scholarship always counted as a worthy option. Commerce aspirants in Mumbai can navigate into institutional and a wide state & central spectrum of government schemes. See the breakdown with purpose and benefits students can enjoy:
Scholarship Type | Eligibility | Benefits |
Institutional Scholarships & Freeships | Differently- abled, meritorious students and reserved minority (SC,ST,OBC,VJNT,SBC ) | Fee waivers Freeships Merit prizes PG Scholarships |
Rajarishi Chhatrapati Shahu Maharaj Fee Reimbursements | Open for students with <₹8 lakh family income | 50-80% tuition fee Reimbursement |
Post -Matric - Govt. of Maharashtra MahaDBT) | Family income <₹2.5- 8lakhs) | Tuition fee waiver Exam fee waiver Monthly stipend |
Eklavya | UG >or=60% marks, pursuing Pg in commerce /Arts | ₹5000 annually |
Azim Premji Foundation Scholarship - From 2025 onwards) | Girl students in government/aided/private colleges - UG level | ₹25-30,000 yearly for 3 years |
Top 10 Commerce Colleges in Mumbai: Placements & Career Prospects
Mumbai top colleges maintain their solid reputation through impressive career options. They also provide a strong corporate network. Students should know the future results for selecting Mumbai as their education. Candidates will get:
- Game changing roles in their desired companies.
- They can select from a plethora of market oriented specializations.
Walk through this table to note down the key information related to job prospectus. You will find Average or highest package, Specialization and roles you can play in top industries.
Placement Particulars | Details |
Average Package | ₹4lakh - ₹7lakh per year |
Highest Package | ₹12 lakh-15lakh per year |
Specialization in Demand | Accounting Finance Accounting & Finance Banking & Insurance Financial Markets Business Management & Analytics |
Top Recruiters | Deloitte EY PwC KPMG ICICI HDFC TCS Wipro Axis Kotak Infosys Wipro HUL Reliance Aditiya Birla |
Top Sector | Consulting Finance Banking IT & Analytics FMCG & Retail |
Top Roles | Financial Analyst Tax Consultant Risk Analyst Investment Banker Market Executive Business Development Manager |
Conclusion
In conclusion, if you’re planning to apply for 2025 Admission in Mumbai, you are in the right direction. You will find Top 10 commerce colleges in Mumbai offering a mixture of academic reputation, affordability and strong network & corporate exposure. Students from all over India choose Mumbai top colleges for commerce education. Actually, with over 120 colleges including Narsee Monjee , St.Xavier, Mithibai , Podar, modern facilities with strong placement opportunities comes up as a hub of top commerce colleges. Also the distance -learning option assessing working professionals to keep work-life balance with studies. Those who are seeking best colleges for commerce education must consider these colleges of Mumbai.
Frequently Asked Questions
Ques: Who can pursue B.Com in Accounting and Finance from top commerce colleges in Mumbai?
Ans: Students who are interested in CA, CFA, CPA, investment banking, auditing, and financial consultancy should opt for B.Com in Accounting & Finance.
Ques: Why to study commerce from top 10 commerce colleges in Mumbai?
Ans: Studying commerce in Top 10 commerce colleges in Mumbai offers the opportunity to interact with faculty of international standards, recruiters from across the globe, scholarships, and networking. Being the financial capital of India, the state provides exposure in banking, finance, consulting, and business management, which guarantees promising career avenues.
Ques: Which is the Top Renowned Commerce College in Mumbai?
Ans: The St. Xavier's College is regarded as the Top commerce colleges in Mumbai , with NIRF ranking, NAAC A+ grade, strong faculty, modern infrastructure, and top placements from companies like Deloitte, EY, and KPMG.
Ques: Which entrance examinations are accepted for admissions to commerce institutes in Mumbai?
Ans: Most commerce colleges in Mumbai admit students through Mumbai University merit lists, but the top-level institutes accept CUET-UG and a few private colleges like NM might have college-level entrance tests for certain specialized programs.
Ques: What are the usual cut-offs for the top commerce colleges in Mumbai?
Ans: Cut-offs for top commerce colleges in Mumbai like St. Xavier's, HR, NM College lie between 94%–99% of 12th Std. Merit-based admission is highly competitive, mainly for popular courses like BAF, BFM, and BMS.
Ques:What scholarships do commerce students get in Mumbai?
Ans: Students can apply for several scholarship for Top 10 commerce colleges in Mumbai like
- Institutional Scholarships & Freeships
- Post -Matric - Govt. of Maharashtra MahaDBT)
- Eklavya
- Azim Premji Foundation Scholarship - From 2025 onwards)
Ques:Which specializations are most in demand in commerce?
Ans: Accounting, Finance, Banking & Insurance, Financial Markets, Business Analytics, and Taxation are widely sought-after specializations. Being a financial hub, Mumbai sees more demand for finance courses, whether in a private firm or in an MNC.
Ques: Top Government Commerce Colleges in Mumbai?
Ans: R.A. Podar College, K.C. College, and Sydenham College of Commerce & Economics are the best government commerce colleges in the state of Maharashtra. Faculties are excellent, fees are affordable (₹5,000–₹17,000 per annum), and placements are strong.