Top 5 Commerce Colleges in Mumbai: Rankings, Fees, and Placement Insights (2025):

Here's the list of the top five commerce colleges in Mumbai based on their all-India rankings, average placements, first-year fees and many more.

List of Top 5 Commerce Colleges in Mumbai

Saloni Kumari

Sep 28, 2025

Last update on 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.

Top 5 Commerce Colleges in Mumbai: Highlights

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
Annual Fees	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

Top 5 Commerce Colleges in Mumbai: Ranking in India

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

Top 5 Commerce Colleges in Mumbai: First Year Fees

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

Top 5 Commerce Colleges in Mumbai: Placement Average Package

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

About Author

Saloni Kumari

Content Writer

Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].