Narsee Monjee College of Commerce and Economics can be possibly compared to several top-tier institutes for commerce.
This institute is one of the best in Mumbai, the other competitors can be Sydenham and Poddar. If we compare colleges on an all-India basis then SRCC or LSR can take the first place, while St. Xavier’s Kolkata can undeniably take the second position. One of my cousins is a recent graduate of St. Xavier’s College, Kolkata, and speaks highly of it.
Now, NM College is worth joining, since it’s a reputed college. I have a few friends from the institute and they speak highly of the institute. According to the recent placement statistics the highest and average CTC offered in the placement drive is 5.6 LPA and 4 LPA.
My cousin recently completed his graduation in B.Com from Narsee Monjee College of Commerce and Economics. Although his sole experience was enough to prove the faculty’s excellence, he also had friends from other courses who had the same experience. Here’s what he and his friends had to say:
All in all, NM College has one of the greatest faculties you can find in any college in India. Not only did my cousin happily graduate from there but he also suggested this college to his school juniors and younger members of the family.
My brother is a former student of Narsee Monjee College of Commerce and Economics, Mumbai, so I can give you some information regarding the admission process at the institute. It does not release any physical forms for admission. They conduct everything online.
All the admission details, forms, and dates of submission are updated on their official website. Generally, they start uploading the admission notices and forms from the end of May every year. So it is advisable to keep an eye on their official website from time to time to get regular updates.
Narsee Monjee College of Commerce and Economics offers a lot of courses in the fields of business administration, Economics, and Commerce. The available courses are as tabulated below:
B.Com | Bachelor Of Management Studies |
B.Com (Financial Markets) | B.Sc (Information Technology) |
B.Com (Accounts and Finance) | M.Com |
Each course has a separate admission process. You can check the official website to apply for any of these courses.
Narsee Monjee College of Commerce and Economics and just like all colleges, they also have their own set of rules and regulations. Here are some day-to-day rules you need to follow:
Overall, there are other minor rules which you would know once you become a part of Narsee Monjee College. Although the rules might sound quite strict compared to other colleges, these are the rules that make you disciplined and a better person. Failing to adhere to any of the rules can get you debarred from the authorities.
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.
Narsee Monjee College of Commerce and Economics (NMCCE) offers a BMS (Bachelor of Management Studies) course and not BBA.
For Admission in BMS course, you must have a minimum of 45% in your class 12th. The application method is online and the selection will be merit based.
The cut off for the different courses are -
Particulars | Cut Off |
Commerce Background | 94.8% |
Science Background | 86% |
Arts Background | 83.4% |
Diploma Background | 93.67% |
Gujrati Minority (all) | 88.6% |
Make sure you work hard after joining the course. It is very demanding and industry oriented. You will learn and work simultaneously, which will be a great advantage for you when you face the real world.
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.
Bachelor in Commerce is a three-year full time undergraduate course.The course prepares students to sustain as a corporate employee or an entrepreneur. They become flexible and gain knowledge to survive in a changing corporate environment. They learn how to focus and understand the business world.
NM College prepares students to imbibe knowledge and skills in their chosen fields. It is known to be a CA factory. The college is strict about their attendance. This sometimes becomes a problem for students who are working or doing internships along with their B.Com.
The course in Symbiosis aims to create an unusual program that has the potential to gain knowledge from theories and achieve practical skills, enhancing the student’s mind. It creates an intellectually stimulating environment for students. It does not have a strict rule about attendance which enables students to pursue jobs or internships while studying.
The table given below shows a brief overview of both the institutes:
Categories |
NM College |
Symbiosis College of Arts and Commerce |
Batch Size |
500 |
250-350 |
Cut Off |
93% |
92% |
Course Fee |
10,800 |
53,752 |
Placement Domains |
Finance, Consultation and IT. |
Marketing, Finance and HR. |
Highest Salary Package |
11 LPA |
5.9 LPA |
Average Salary Package |
5.5 LPA |
3.5-4.5 LPA |
Recruiting Companies |
Citi Bank, Barclays, Endurance. |
Credit Suisse, Deloitte, Northern Trust. |
Placement Percentage |
60% |
12-15% |
Both colleges are equally good, there might be some differences in fees or faculty, batch size, etc. otherwise academically it is more or less the same. If the candidate is willing to be a part of Finance and Consultation, he or she should go for NM College.
There are a lot of factors which should be kept in mind while opting for either of the colleges. Some of such factors are mentioned below.
Attendance-
Distance- If you are a resident of Mumbai then you should consider the distance of the college from your home. It is an important factor to consider, and saves a lot of time and money.
Focus area-
Let’s take a look at the advantages of all the above-mentioned colleges in a tabular form below.
Parameters |
NM College |
HR College |
Jai Hind College |
Mithibai College |
Placement rate (2020) |
100% |
70%-80% |
65% |
50% |
Average salary package (2020) |
17.58 LPA |
2 LPA |
>2.5 LPA and <5 LPA |
4 LPA – 5 LPA |
Community- Often this factor is excluded while selecting a college, but this factor is as important as any of the above-mentioned factors. Although, if you have good people skills, you don’t need to consider it. But if you need a community then, in NM you will be surrounded by Gurjatis and in HR by Sindhis.
Infrastructure-
Cost- If you are not a resident of Mumbai, South Mumbai is expensive in comparison to West Mumbai.
Thus, keeping the above analysis in mind, NM College is the best out of the four colleges.