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Narsee Monjee College of Commerce and Economics logo

Narsee Monjee College of Commerce and Economics

Swami Bhaktivedant Marg, Bhagubai Mafatlal Complex, Opp. Cooper Hospital, Vile Parle West, India • 4000564.1(96)
VerifiedPublicEstd. 1964Mumbai University, Mumbai
Founded
1964
Type
Public
Affiliation
Mumbai University, Mumbai
Highest Package
₹22.6 LPA
Average Package
₹6.1 LPA

About Narsee Monjee College of Commerce and Economics

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 22.55 which was offered by DE Shaw and the average package stood at INR 6.10 LPA. 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 2024

NM College placement 2024 report is released. The highest salary package of INR 22.55 LPA was offered by DE Shaw. The overall average salary package stood at INR 6.10 LPA. Salary packages offered by top 5 companies are as follows:

Company Name CTC
DE Shaw INR 22.55 LPA
Axxela Financial Services INR 14.1 LPA
Futures First INR 12.88 LPA
Deloitte (Tax) INR 7.60 LPA
Barclays INR 7.5 LPA

As per NM College placement report , the median salary packages offered to UG and PG students are given in the table below:

Streams Median Salary
B.Com 6.05
B.Com (H) 6.05
BMS 6
BAF 6.5
BFM 6.89
BSc IT 4.72
M.Com 7.6
Total 6.05

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. 

Courses & Fees

Explore Courses

Compare fees, eligibility, duration, exams, and specializations in a compact view.

Courses
5
Lowest Fee
₹36,790
Highest Fee
₹1,26,500
Streams
3
CommerceManagementScience
Admission
Pre Admission Online Enrolment [B.Com]
Start: 25 May 2024
Last Date: 11 Jun 2024
Cutoff
Value: N/A
Exam: N/A
Year: N/A
Ranking
Rank: #7
Agency: India Today
Category: Commerce
Specializations
5 available
General
Bachelor of Commerce [B.Com]
1st Year Fee
₹13,750
Total Fee
₹41,250
Cutoff
N/A
Financial Markets
Bachelor of Commerce [B.Com] (Financial Markets)
1st Year Fee
₹55,000
Total Fee
₹1,65,000
Cutoff
N/A
Accounting And Finance
Bachelor of Commerce [B.Com] (Accounting and Finance)
1st Year Fee
₹55,000
Total Fee
₹1,65,000
Cutoff
N/A
Analytics
Bachelor of Commerce [B.Com] (Analytics)
1st Year Fee
₹1,04,500
Total Fee
₹3,13,500
Cutoff
N/A
Economics
Bachelor of Commerce [B.Com] (Economics)
1st Year Fee
₹55,000
Total Fee
₹1,65,000
Cutoff
N/A
Admission
Date for Online Registration for MAH CET 2025 [BBA/BMS]
Start: 02 Jan 2025
Last Date: 10 Feb 2025
Cutoff
Value: N/A
Exam: N/A
Year: N/A
Ranking
Rank: N/A
Agency: N/A
Category: N/A
Specializations
1 available
General
Bachelor of Management Studies [BMS]
1st Year Fee
₹55,000
Total Fee
₹1,65,000
Cutoff
N/A
Admission
Online Application & Registration Timeline [M.Com]
Start: 22 May 2024
Last Date: 19 Jun 2024
Cutoff
Value: N/A
Exam: N/A
Year: N/A
Ranking
Rank: #7
Agency: India Today
Category: Commerce
Specializations
3 available
Business Management
Master of Commerce [M.Com] (Business Management)
1st Year Fee
₹36,790
Total Fee
₹73,580
Cutoff
N/A
Banking And Finance
Master of Commerce [M.Com] (Banking and Finance)
1st Year Fee
₹36,790
Total Fee
₹73,580
Cutoff
N/A
Advanced Accountancy
Master of Commerce [M.Com] (Advanced Accountancy)
1st Year Fee
₹36,790
Total Fee
₹73,580
Cutoff
N/A
Admission
Pre Admission Online Enrolment [B.Sc]
Start: 25 May 2024
Last Date: 11 Jun 2024
Cutoff
Value: N/A
Exam: N/A
Year: N/A
Ranking
Rank: N/A
Agency: N/A
Category: N/A
Specializations
1 available
Information Technology
Bachelor of Science [B.Sc] (Information Technology)
1st Year Fee
₹60,500
Total Fee
₹1,81,500
Cutoff
N/A
Admission
Pre Admission Online Enrolment [B.Com]
Start: 25 May 2024
Last Date: 11 Jun 2024
Cutoff
Value: N/A
Exam: N/A
Year: N/A
Ranking
Rank: #7
Agency: India Today
Category: Commerce
Specializations
1 available
General
Bachelor of Commerce [B.Com] {Hons.}
1st Year Fee
₹1,26,500
Total Fee
₹5,06,000
Cutoff
N/A

Admission Process

Admission to Narsee Monjee College of Commerce and Economics is based on various entrance exams and merit. The college offers multiple courses with different admission criteria.

Placements & Recruiters

Narsee Monjee College of Commerce and Economics Placement Details

Narsee Monjee College of Commerce and Economics in Mumbai, Maharashtra, India placement details include salary insights, top recruiters, and hiring trends to help students understand career outcomes and campus opportunities.

Students usually compare highest package, average package, and recruiter profile before applying. This section gives a compact overview of career outcomes and placement visibility in Mumbai, Maharashtra, India.

Recruiters
16
Salary Metrics
2/2
Placement Metric

Highest Package

₹22,55,000

Represents the top salary package reported in the available placement information.

Placement Metric

Average Package

₹6,10,000

Shows the typical package range students may expect based on the available average salary data.

Top Recruiters

Leading companies associated with the college’s placement ecosystem.

Showing 16 recruiters
  • Ernst & Young
  • Infosys
  • JP Morgan Chase & Co.
  • Wipro
  • Deloitte
  • Deutsche Bank
  • HDFC Bank
  • KPMG India
  • Morgan Stanley
  • Citigroup
  • KPMG
  • Kotak Mahindra Bank
  • Teach for india
  • ICICI Bank
  • ICICI Prudential
  • Kotak Securities
Campus Facilities

Narsee Monjee College of Commerce and Economics Facilities

Narsee Monjee College of Commerce and Economics in Mumbai, Maharashtra, India offers campus facilities such as library, hostel, laboratories, sports, transport, cafeteria, medical support, Wi-Fi, and more for a better student experience.

Students often look for practical campus amenities before applying. This section gives a quick overview of the key facilities available for academics, student life, daily comfort, and overall campus experience in Mumbai, Maharashtra, India.

Total Facilities
7
Academic Support
2
Student Life
5
  • Comp Labs
    Academic

    Comp Labs

    Essential campus support designed to improve academic experience, student comfort, and day-to-day convenience.

  • Sports
    Campus Life

    Sports

    Essential campus support designed to improve academic experience, student comfort, and day-to-day convenience.

  • Library
    Academic

    Library

    Essential campus support designed to improve academic experience, student comfort, and day-to-day convenience.

  • Medical
    Student Life

    Medical

    Essential campus support designed to improve academic experience, student comfort, and day-to-day convenience.

  • Cafeteria
    Student Life

    Cafeteria

    Essential campus support designed to improve academic experience, student comfort, and day-to-day convenience.

  • Auditorium
    Campus Life

    Auditorium

    Essential campus support designed to improve academic experience, student comfort, and day-to-day convenience.

  • Hostel
    Student Life

    Hostel

    Essential campus support designed to improve academic experience, student comfort, and day-to-day convenience.

Faculty

Dr. Parag Ajagaonkar

Principal

Smt. Tessy Philji?

Assistant Professor, Department of Commerce

Qualification: M.Com., M.Phil., B.Ed., PGDCA, DOEACC ‘O’ Level, NET

Mr. Smitin Harishchandra Belchada?

Assistant Professor, Department of Commerce

Qualification: M.Com., SET, DAPR, PGDHRM

Dr. Vandana. T. Misra?

Associate Professor, Department of Mathematics & Statistics

Qualification: B.Sc, M.Sc, Ph.D Mathematics

Mr. Pradeep Varma

Assistant Professor, Department of Mathematics & Statistics

Qualification: M.Sc Mathematics

Shri Sameer. J. Dave?

Assistant Professor, Department of Accounts

Qualification: B.Com, M.Com, NET, C.A, LLB

CA Pravin Pawar

Assistant Professor, Department of Accounts

Qualification: B.Com, M.Com, CA Final

Contact Information

Swami Bhaktivedant Marg, Bhagubai Mafatlal Complex, Opp. Cooper Hospital, Vile Parle West<br> India

Pincode: 400056

022-42338000

42338001

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