Saloni Kumari | Sep 28, 2025 |
Top 5 Commerce Colleges in Mumbai: Rankings, Fees, and Placement Insights (2025)
In India, Mumbai itself includes around nine top commerce colleges. Among these, seven colleges are privately owned, and one college is government-owned. In total, there are more than 130 commerce colleges in Mumbai, out of which 106 colleges are privately owned and 24 colleges are government-owned. Admissions into these colleges are provided mainly on the basis of CUET (Common University Entrance Test).
The top 5 commerce colleges in Mumbai are Narsee Monjee College of Commerce and Economics (NM College), Mithibai College of Arts, Chauhan Institute of Science and J.B. Shah Commerce College, K J Somaiya College of Arts and Commerce, Kishinchand Chellaram College (K.C. College), and St. Xavier’s College. Through these colleges, one can pursue a bachelor’s or master’s degree in accounting and commerce.
Below are the key highlights related to the Top 5 Commerce Colleges in Mumbai:
| Particulars | Details |
| Number of Commerce Colleges in Mumbai (All) | 9 colleges (7 privately-owned and 1 government-owned) |
| Annual Fees | Less than INR 1 Lakh: 5 colleges |
| INR 1-2 Lakh: 1 college | |
| Top 5 Commerce Colleges in Mumbai | Narsee Monjee College of Commerce and Economics (NM College), Mithibai College of Arts, Chauhan Institute of Science and J.B. Shah Commerce College, K J Somaiya College of Arts and Commerce, Kishinchand Chellaram College (K.C. College) and St. Xavier’s College |
| Accepted Entrance Exams | Merit-Based or CUET |
Below are the rankings of these five commerce colleges in India:
| S. No. | Top 5 Commerce Colleges in Mumbai | Ranking in India |
| 1 | Narsee Monjee College of Commerce & Economics (NM College) | 7th |
| 2 | Mithibai College of Arts, Chauhan Institute of Science and J.B. Shah Commerce College | 20th |
| 3 | K J Somaiya College of Arts and Commerce | 75th |
| 4 | Kishinchand Chellaram College (K.C. College) | 39th |
| 5 | St. Xavier’s College | 51th |
Below are given the first-year fees for these top 5 commerce colleges in Mumbai:
| S. No. | Top 5 Commerce Colleges in Mumbai | 1st Year Fees |
| 1 | Narsee Monjee College of Commerce & Economics (NM College) | Rs. 75000 |
| 2 | Mithibai College of Arts, Chauhan Institute of Science & J.B. Shah Commerce College | Rs. 59000 |
| 3 | K J Somaiya College of Arts and Commerce | Rs. 17075 |
| 4 | Kishinchand Chellaram College (K.C. College) | Rs. 9820 |
| 5 | St. Xavier’s College | Rs. 75000 |
Students qualified from these top 5 commerce colleges in Mumbai may get placed at below-average packages:
| S. No. | Top 5 Commerce Colleges in Mumbai | Average Placement |
| 1 | Narsee Monjee College of Commerce & Economics (NM College) | 6,10,000 |
| 2 | Mithibai College of Arts, Chauhan Institute of Science & J.B. Shah Commerce College | 12,88,000 |
| 3 | K J Somaiya College of Arts and Commerce | 3,25,000 |
| 4 | Kishinchand Chellaram College (K.C. College) | 2,50,000 |
| 5 | St. Xavier’s College | 6,00,000 |
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