MumbaiNM College

Narsee Monjee College of Commerce and Economics, Mumbai

Mumbai, MaharashtraEstd 1964 Mumbai University, Mumbai
#7 For Commerce By Indiatoday 2024  
+2 More
Claim this college

About NM College

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. 

Do you think the data is wrong ?  Report Here

NM College Fees & Eligibility

Full time Courses
CourseFeesEligibilityApplication DateAction
B.Com
5 Courses
13,750 - 1.05 Lakhs (1st Year Fees) 10+225 May - 11 Jun 2024
BMS
1 Course
55,000 (1st Year Fees) 10+225 May - 11 Jun 2024
M.Com
4 Courses
36,790 - 1.06 Lakhs (1st Year Fees) Graduation22 May - 19 Jun 2024
B.Sc
1 Course
60,500 (1st Year Fees) 10+225 May - 11 Jun 2024
B.Com {Hons.}
1 Course
1.27 Lakhs (1st Year Fees) 10+225 May - 11 Jun 2024

Do you think the Course details are wrong ?  Report Here

Courses Offered By NM College 2024

Select Degree and Streams to See Course Fees and Admission Details.

Clear
Streams :
Business AdministrationGeneralAccountingInformation TechnologyFinanceBankingBusiness ManagementEconomicsStatistics
Degree :
B.ComM.ComB.ScB.Com {Hons.}BMS
Program Type :
Full Time
Bachelor of Commerce [B.Com] 
1st Yr Fees:₹13,750 - 1.05 Lakhs
5 Courses3 Years Full Time
#7out of 229 by India Today

Eligibility:

10+2

Application Date:

25 May - 11 Jun 2024
Master of Commerce [M.Com] 
1st Yr Fees:₹36,790 - 1.06 Lakhs
4 Courses2 Years Full Time
#7out of 229 by India Today

Eligibility:

Graduation

Application Date:

22 May - 19 Jun 2024
1 Courses3 Years Full Time

Eligibility:

10+2

Application Date:

25 May - 11 Jun 2024
1 Courses3 Years Full Time

Eligibility:

10+2

Application Date:

25 May - 11 Jun 2024
1 Courses3 Years Full Time
#7out of 229 by India Today

Eligibility:

10+2

Application Date:

25 May - 11 Jun 2024

Do you think the fees are wrong ?  Report Here

NM College Rankings 2024

You can check college rankings with different ranking agencies.

NM College Indiatoday Ranking

#7out of 229 in India 2024
#1 in Maharashtra
India Today

NM College The Week Ranking

#8out of 118 in India 2024
#1 in Maharashtra
The Week

NM College Outlook Ranking

#9out of 140 in India 2024
#2 in Maharashtra
Outlook

Do you think the Rankings are wrong ?  Report Here

Course Finder

Search from 20K+ Courses and 35+ Streams

Clear

NM College Scholarship 2024

Scholarship provided by the college.

NM College Mumbai 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 Narsee Monjee College of Commerce and Economics 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: 3 Answered Questions

Is it possible to pursue C.A. along with B.Com. from Narsee Monjee College of commerce and economics?

Debdeep Majumder
Epshita RoyB.Com from Narsee Monjee College of Commerce And Economics

Yes, it is possible to prepare for CA, while pursuing a B.Com from Narsee Monjee College of Commerce and Economics. Many do so. But you will have to manage attendance, lectures, presentation, projects, and exams along with CA preparation. Which won’t be a cakewalk. NM College has strict attendance rules.

...Read More
0
0

Can I do a CA with a BCom from Narsee Monjee College of Commerce and Economics, Mumbai?

Sakshi Gupta
Piyush AgrawalSVKM's NMIMS (2020)

Definitely, you can do both CA as well as B.Com at the same time from Narsee Monjee College of Commerce and Economics, Mumbai. However, managing both at the same time will be difficult. 

The college has a very strict attendance policy of 75%. So basically you will need to attend classes every day. Living in a city like Mumbai, traveling to and fro to attend lectures, managing studies along with a job is not something that everyone can handle. Even if your attendance percentage is slightly lower than 75% the college will debar you from giving exams and may even expel you from the program. Some students even develop health issues due to such a rigorous schedule.

Now, these are the problems with doing CA and B.Com at the same time. But if you can handle the pressure, then definitely you should do it.

...Read More
0
0

How did you manage your B.Com. while studying for the IPCC/finals? Was your attendance always above 75% at Narsee Monjee College of Commerce and Economics?

Anapeksha RoyStudies Economics at Narsee Monjee College of Commerce and Economics

My sister is an alumnus of NM College and she shared some tricks regarding attendance which you may find useful. In NM College, you will not get your attendance, if you miss the first lecture. 

For eventually maintaining both B.Com and your IPCC finals, you should check for the subjects that you rather find uninteresting, and skip those lectures to study on your own. Other than that, if you consider taking a one day leave in the week, spend that by studying individually, instead of doing other insignificant chores. 

There is no regulation whatsoever regarding a student not being allowed to sit in the college library after the lecture period is over. In the library, you will find planty of company even at 7 P.M.

Also, even if you go on to miss one lecture a week, you will still be maintaining 75% as the average, or sometimes, even more. Hope this helps you.

...Read More
0
0
View All Questions and Answers

NM College Facilities

You can check here to see what types of facilities NM College provides.

Comp Labs
Sports
Library
Medical
Cafeteria
Auditorium
Hostel

NM College Faculty

Basic Information about the Faculty of NM College

director
Dr. Parag Ajagaonkar
Assistant Professor
Smt. Tessy Philji?
Department of Commerce
Assistant Professor
Mr. Smitin Harishchandra Belchada?
Department of Commerce
Associate Professor
Dr. Vandana. T. Misra?
Department of Mathematics & Statistics
Assistant Professor
Mr. Pradeep Varma
Department of Mathematics & Statistics
Assistant Professor
Shri Sameer. J. Dave?
Department of Accounts
Assistant Professor
CA Pravin Pawar
Department of Accounts
Associate Professor
Smt. Sneh. H. Choithani?
Department of Economics
Assistant Professor
Ms. Kesia Varghese?
Department of Economics
Assistant Professor
Dr. Reeta Jain
Department of Management
Assistant Professor
Dr. Sneha Vaskar?
Department of Management

Other Colleges in the Same Group

Scholarship provided by college

NM College College Details

Basic Information About the Colleges

Swami Bhaktivedant Marg, Bhagubai Mafatlal Complex, Opp. Cooper Hospital, Vile Parle West
Mumbai - 400056
Maharashtra, India
Get SMS Contact:  022-42338000
Get Call Details:  022-42338000
Website Link:  http://www.nmcollege.in
Copy Direction

NM College Latest News

Discover More Colleges

RA Podar College of Commerce and Economics
B.Com
RA Podar College of Commerce and Economics
Mumbai
₹75100First year Fees
HR College of Commerce and Economics
B.Com
HR College of Commerce and Economics
Mumbai
₹18162First year Fees
Sydenham College of Commerce & Economics
B.Com
Sydenham College of Commerce & Economics
Churchgate, Mumbai
₹23472First year Fees
KPB Hinduja College of Commerce - [KPB]
B.Com
KPB Hinduja College of Commerce - [KPB]
Mumbai
₹9236First year Fees
Mulund College of Commerce
B.Com
Mulund College of Commerce
Mumbai
₹55815Total Fees

Comments



No Comments To Show
Write a Review & Win Monthly Prizes upto ₹100000*
Extra Cash for Selected Colleges
Winners Will Get
prices
prices
prices
prices
Top Courses
B.Sc Information Technology
Course Duration:  3 Years
₹115500  First Year Fees
B.Com Accounting and Finance
Course Duration:  3 Years
₹105000  First Year Fees
B.Com (Hons.)
Course Duration:  3 Years
₹283667  First Year Fees
Faculties
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
Udemy course
Student Also Visited
RA Podar College of Commerce and Economics
B.Com - Bachelor of Commerce
75100 First year Fees
RA Podar College of Commerce and Economics
collegedunia.com
B.Com - Bachelor of Commerce
278000 Total Fees
collegedunia.com
Brihan Maharashtra College of Commerce - [BMCC]
M.Com - Master of Commerce
9255 First year Fees
Brihan Maharashtra College of Commerce - [BMCC]
Dr. Ambedkar College of Commerce & Economics
B.Com - Bachelor of Commerce
3785 First year Fees
Dr. Ambedkar College of Commerce & Economics
SIES College of Commerce and Economics
M.Com - Master of Commerce
23065 First year Fees
SIES College of Commerce and Economics
DY Patil University's School of Arts And Commerce
B.Com - Bachelor of Commerce
100000 First year Fees
DY Patil University's School of Arts And Commerce
Mahatma Night Degree College of Arts and Commerce
B.Com - Bachelor of Commerce
3280 First year Fees
Mahatma Night Degree College of Arts and Commerce
HR College of Commerce and Economics
B.Com - Bachelor of Commerce
18162 First year Fees
HR College of Commerce and Economics
KES Shroff College of Arts and Commerce
B.Com - Bachelor of Commerce
131315 First year Fees
KES Shroff College of Arts and Commerce
KPB Hinduja College of Commerce - [KPB]
B.Com - Bachelor of Commerce
9236 First year Fees
KPB Hinduja College of Commerce - [KPB]
Mulund College of Commerce
B.Com - Bachelor of Commerce
55815 Total Fees
Mulund College of Commerce
St. Joseph's College of Commerce - [SJCC]
B.Com - Bachelor of Commerce
155000 First year Fees
St. Joseph's College of Commerce - [SJCC]
Sydenham College of Commerce & Economics
B.Com - Bachelor of Commerce
23472 First year Fees
Sydenham College of Commerce & Economics
Lala Lajpat Rai College of Commerce and Economics
B.Com - Bachelor of Commerce
19704 First year Fees
Lala Lajpat Rai College of Commerce and Economics
collegedunia.com
M.Com - Master of Commerce
70000 First year Fees
collegedunia.com