Top 10 Commerce Colleges in Mumbai: Fee Ranges, Packages and Rankings

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Commerce is the only stream that can open millions of different career paths and opportunities for students who are interested in business, finance or any other field like Music or Marketing. Many colleges offer programmes for students belonging to the commerce stream. Mumbai being the most populated city of India and having a major percentage ofcommerce students, is home to many famous commerce colleges. This article brings you a list of the top 10 commerce colleges in Mumbai. The following are the top colleges highly recommended by former commerce graduates. 

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1. St. Xavier’s College 

  • Ownership: Private 
  • 1st Year Fee: Rs 75,000/-
  • Approved by: NAAC
  • Average Package: 6 LPA.
  • Highest Package: 21 LPA.
  • Eligibility Exams: 10+2 and Mumbai University Admission 
  • Rank: 89th in NIRF College 

Established in the year 1869, St. Xavier’s College offers 1441 seats for students who intend to take up  UG, PG, Doctorate, or Certificate courses in disciplines like Business & Management, Arts, Mass Communication & Media, Medicine & Health Services, and many more making it one of the top 10 commerce colleges in Mumbai. Top recruiters include Accenture, Asian Paints, Blue Star, Capgemini, CITI Bank, Deloitte, etc. 

2. Narsee Monjee College of Commerce and Economics 

  • Ownership: Privately deemed 
  • 1st Year Fee: Rs 55,000/-
  • Approved by: NAAC and UGC
  • Average Package: 6.10  LPA.
  • Highest Package: 22.5 LPA.
  • Eligibility Exams: 10+2 CBSE 60% and CUET 
  • Rank: 84th in NIRF Overall, 49th in University, and 21st in Management 
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Established in 1964 by the infamous Shri Vile Parle Kelavani Mandal, Narsee Monjee College is affiliated with the University of Mumbai and offers various courses in the field of commerce and economics like BCom, MCom, BFM, and PhD. It was graded A by NAAC making it another one of the top 10 commerce colleges in Mumbai. Top recruiters include KPMG, E&Y, JP Morgan, TCS, Godrej, Morgan Stanley, and Barclays. 

3. RA Podar College of Commerce and Economics 

  • Ownership: Private 
  • 1st Year Fee: Rs 75,100/-
  • Approved by: NAAC and UGC
  • Average Package: 2.95  LPA.
  • Highest Package: 10 LPA.
  • Eligibility Exams: CBSS 12th and Mumbai University Admission.
  • Rank: 9th by India Today under the BCom category 

Established in the year 1942, RA Podar College of Commerce and Economics offers 900 seats for students who intend to study courses like BCom, MCom, BBA, BBM, and BSc. It is graded A+ by NAAC as well making it another one in the list of the top 10 commerce colleges in Mumbai. Top recruiters include PwC, KPMG, BDO, E&Y, TCS, and Deloitte. 

4. HR College of Commerce and Economics 

  • Ownership: Private 
  • 1st Year Fee: Rs 18,160/-
  • Approved by: NAAC and UGC
  • Average Package: 5 LPA.
  • Highest Package: 10 LPA.
  • Eligibility Exams: 10+2 45% and Mumbai University Admission.
  • Rank: 20th by The Week

Established in the year 1960, HR College of Commerce and Economics offers 1752 seats for students who intend to build a career in fields like Banking, Accounting & Commerce, Business & Management, Mass Communication & Media, and Hospitality & Travel. It is graded also A by NAAC making it another one in the list of the top 10 commerce colleges in Mumbai. Top recruiters include KPMG, Deloitte, TATA, Hiranandani Group, PwC, IIFL, Capital First Lmtd, ICICI Prudential, E&Y, and many more. 

5. K J Somaiya College of Arts and Commerce 

  • Ownership: Private 
  • 1st Year Fee: Rs 17,070/-
  • Approved by: NAAC and UGC
  • Average Package: 3.05  LPA.
  • Highest Package: 6.50 LPA.
  • Eligibility Exams: Mumbai University Admission 
  • Rank: 87th by The Week in Accounting and Commerce 
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Established in 1959, K J Somaiya College of Arts and Commerce is affiliated with the University of Mumbai and offers various undergraduate and postgraduate level courses in fields like Arts and Commerce. It is rated B by NAAC making it another one of the top 10 commerce colleges in Mumbai. Top recruiters include TCS, KPMG, HDFC, L&T, JP Morgan, Impact Infotech, Konnect Insights, PwC, Edelweiss, HDB Financial Services, and more. 

6. Sydenham College of Commerce and Economics 

  • Ownership: Government 
  • 1st Year Fee: Rs 23,470/-
  • Approved by: NAAC 
  • Average Package: 3.50 LPA.
  • Highest Package: 9 LPA.
  • Eligibility Exams: 10+2 CBSE 45% and Maharashtra HSC
  • Rank: 19th of 50 by The Week in 2019

Established in the year 1913, Sydenham College of Commerce and Economics is affiliated with the University of Mumbai and offers 285 seats for students who intend to take up courses available at both undergraduate and postgraduate levels. It is graded also A by NAAC making it another one in the list of the top 10 commerce colleges in Mumbai. Top recruiters include Wipro, KPMG, Deloitte, and more.

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7. KPB Hinduja College 

  • Ownership: Public – Private 
  • 1st Year Fee: Rs 9,240/-
  • Approved by: NAAC 
  • Average Package: 3.50 LPA.
  • Highest Package: 20 LPA.
  • Eligibility Exams: 10+2 CBSE 45% and GATE/JRF/MAHA CET
  • Rank: 85th of 212 by India Today in 2022

Established in the year 1974, KPB Hinduja College of Commerce offers 1898 seats for students who intend to build a career in Banking, Finance & Insurance, Business Management, Accounting & Commerce, IT, and Mass Communication. Top recruiters include Wipro, TCS, HCL, Federal Bank, South Indian Bank, and many more. 

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8. Mithibai College of Arts 

  • Ownership: Private 
  • 1st Year Fee: Rs 55,000/-
  • Approved by: NAAC and UGC
  • Average Package: 7 LPA.
  • Highest Package: 12.8 LPA.
  • Eligibility Exams: CUET UG
  • Rank: 15th by India Today in 2024 for BCom.

Established in the year 1961, Mithibai College of Arts is affiliated with the University of Mumbai and various courses like BCom and BMS are offered by its Commerce Department. It is also graded A by NAAC making it another one in the list of the top 10 commerce colleges in Mumbai. Top recruiters include KPMG, Antal Group, Wipro, Deutsche Bank, JP Morgan, IIFL, and more. 

9. Kishinchand Chellaram College 

  • Ownership: Public 
  • 1st Year Fee: Rs 9,820/-
  • Approved by: NAAC 
  • Average Package: 2.50 LPA.
  • Highest Package: 12 LPA.
  • Eligibility Exams: 10+2 CBSE/ISC 45% and Maharashtra HSC
  • Rank: 25th of 229 by India Today in 2024

Established in the year 1954, KC College offers various courses like BCom, MCom, BBA, MA, and many other courses in the field of accounting and commerce. It is ranked also A by NAAC making it another one in the list of the top 10 commerce colleges in Mumbai. Top recruiters include ICICI Bank, PwC, HDFC Bank, Axis Bank, TCS, Infosys, and Wipro. 

10. Mulund College of Commerce 

  • Ownership: Private 
  • 1st Year Fee: Rs 55,810/-
  • Approved by: NAAC 
  • Average Package: 3 LPA.
  • Highest Package: 7 LPA.
  • Eligibility Exams: 10+2 CBSE 45% and Mumbai University Admission/Maharashtra HSC 
  • Rank: 31st of 50 by The Week in 2020

Established in the year 1970, Mulund College of Commerce offers 1520 seats for students who intend to study various courses offered by the college like BCom, MCom, BBM, BMM, and MSc. It is also graded A by NAAC making it another one in the list of the top 10 commerce colleges in Mumbai. Top recruiters include Wipro, TCS, Asian Paints, Deloitte, KPMG, and Capgemini.

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