SVKM's Narsee Monjee College of Mumbai Review – 2026 Courses, Fees, & Admission

SVKM's Narsee Monjee College of Commerce and Economics (NM College), Mumbai, is one of the most sought-after commerce colleges in India. Known for its strong academic culture, professional programs, and excellent placement support, NM College attracts students from all over Maharashtra and beyond.

Students commonly ask:

• Is Narsee Monjee College good for commerce and finance courses?

• How strong are placements and internships at NM College?

• What is the admission process for 2026?

• Are the fees manageable for private commerce colleges in Mumbai?

• How does NM College compare to other top Mumbai colleges like H.R. College or Sydenham?

This 2026 Complete Guide provides a no-nonsense, student-focused review covering courses, eligibility, fees, placements, faculty, infrastructure, and who this college is best suited for.

1.Why Choose Narsee Monjee College Mumbai?

Narsee Monjee College of Commerce & Economics (NM College), Mumbai is one of the city’s most prestigious commerce colleges, especially for students aiming to pursue BMS, BAF, or BFM. With a strong academic reputation and industry exposure, NM College remains a top choice in 2026.

1. Top-Tier Academic Reputation

NM College is consistently ranked among Mumbai’s best commerce colleges, offering rigorous programs in BMS, BAF, BFM, and related fields. The faculty is experienced, and the curriculum emphasizes both theory and practical industry applications.

2. Industry-Relevant Programs

The college provides a strong foundation in finance, accounting, management, and investment analytics, preparing students for careers in banking, finance, corporate management, or entrepreneurship.

3. Merit-Based Admission

Most programs follow merit-based admission, ensuring a competitive and motivated student peer group. Specialized courses may require internal assessments for selection.

4. Mumbai Advantage

Situated in Vile Parle, NM College students benefit from Mumbai’s financial hub, with easy access to banks, corporates, startups, and internship opportunities, enhancing real-world exposure alongside academics.

5. Affordable Education & ROI

Compared to private colleges with similar brand value, NM College offers quality education at reasonable fees, making it a high-ROI choice for commerce students.

6. Alumni Network & Career Opportunities

NM College boasts a strong alumni network across finance, management, and corporate sectors, which supports mentoring, internships, and placements for current students.

2. College Overview

Narsee Monjee College of Commerce and Economics, Mumbai, is part of the SVKM trust and has consistently been ranked among India’s top commerce colleges. It offers undergraduate and postgraduate programs in commerce, finance, accounting, and management.

Key Facts

• College Name: SVKM's Narsee Monjee College of Commerce & Economics

• Affiliation: University of Mumbai

• Approval: UGC, NAAC A+ accredited

• Location: Vile Parle, Mumbai, Maharashtra

• Type: Private / Trust-managed

• Known For: BCom, BMS, BAF, BFM, MSc Finance, MSc Accounting

• Campus Type: Urban, vibrant student life

Courses Offered (2026)

1.Undergraduate Programs

• BCom (General / Accounting / Finance / Banking)

• BMS (Bachelor of Management Studies)

• BAF (Bachelor of Accounting & Finance)

• BFM (Bachelor of Financial Markets)

• BBI (Banking & Insurance)

• BSc Economics

2.Postgraduate Programs

• MSc Finance

• MSc Accounting & Analytics

• MA / MSc in related commerce/finance streams

NM College focuses on a blend of theoretical excellence and practical exposure, ideal for students targeting corporate, finance, banking, and analytics careers.

3. Eligibility Criteria

1.UG Programs

• Passed 12th (HSC) from any recognized board

• Minimum aggregate: 50–60% (varies by program)

• Required subjects: Commerce/Maths optional depending on course

• Entrance: Merit-based / NM College application portal

2.PG Programs

• Bachelor’s degree in relevant field

• Minimum aggregate: 50%+

• Some programs may require written tests or interviews

Reality Check

• Maths is not mandatory for most commerce programs

• English proficiency and academic consistency are important

4.Admission Process: SVKM's Narsee Monjee College Mumbai

Step-by-Step Process

1. Application Submission

   • Online application via NM College portal

   • Provide 12th / graduation details

2. Merit-Based Shortlisting

   • Selection based on 12th marks or graduation marks

   • Some specialized courses (BMS, BAF, BFM) may have additional assessment

3. Interview / Counseling (if applicable)

   • Few courses may require personal interview or written test

4. Final Admission & Fee Payment

   • Confirm seat online

   • Pay tuition and other applicable fees

Apply early — NM College is highly competitive, especially for BMS, BAF, and BFM programs.

5. Fee Structure

NM College is considered mid-to-premium for Mumbai commerce colleges.

Program	Annual Fees (₹ approx)	Total Program Cost (₹ approx)
BCom	1.2 – 1.5 Lakh	3.6 – 4.5 Lakh
BMS	1.5 – 1.8 Lakh	4.5 – 5.4 Lakh
BAF / BFM	1.5 – 2 Lakh	4.5 – 6 Lakh
MSc Finance / Accounting	2 – 2.5 Lakh	4 – 5 Lakh

Scholarships & Support

• Merit-based fee concessions

• Category-based government scholarships (SC/ST/OBC/EWS)

• Installment options

6. Placements & Career Outcomes

NM College has a strong placement ecosystem, particularly for finance, accounting, and management courses.

Placement Highlights

• Average Package: ₹4 – 7 LPA

• Top Packages: ₹10 – 18 LPA (select roles)

• Highest Packages: ₹20+ LPA (limited)

Key Recruiters

• KPMG

• Deloitte

• PwC

• EY

• ICICI Bank

• HDFC Bank

• Kotak Mahindra

• HDFC Life

• Aditya Birla Capital

Common Job Roles

• Financial Analyst

• Accountant / Auditor

• Business Analyst

• Marketing & Operations Executive

• Risk Analyst

Students who pursue internships, certifications, and active participation in college societies (finance club, commerce club) have better placement outcomes.

Internships & Industry Exposure

• Mandatory summer internships for UG & PG programs

• Guest lectures by industry leaders

• Live projects in finance, marketing, and analytics

• Professional workshops (Excel, financial modeling, analytics)

7. Faculty & Academics

Faculty Strength

• Experienced commerce and finance professors

• Industry-exposed adjunct faculty

• Supportive mentoring environment

Academic Style

• Case studies & project-based learning

• Continuous assessment with internal exams

• Workshops & seminars for skill development

Infrastructure & Campus Life

Facilities

• Wi-Fi campus

• Smart classrooms

• Computer & research labs

• Library with e-resources & journals

• Auditorium & seminar halls

Student Life

• Active commerce & finance societies

• Annual cultural & technical fests

• Sports & fitness clubs

• Leadership & entrepreneurship cells

Pros

• Among India’s top commerce colleges

• Excellent placements & recruiter network

• Strong industry exposure

• Urban, accessible campus

• Active student societies & clubs

Cons

• High competition for admission

• Fees are higher than government colleges

• Batch sizes can be large in popular programs

8.Is NM College Worth It in 2026?

YES, if you:

• Aim for a career in commerce, finance, or management

• Can manage private college fees

• Want strong placement support & internships

• Are ready to compete academically

NOT ideal if you:

• Prefer low-fee government colleges

• Want guaranteed top corporate packages without effort

FAQs

1. Is NM College good for BMS, BAF, or BFM?

Yes. Narsee Monjee College is one of Mumbai’s top colleges for BMS, BAF, and BFM, known for strong academics, rigorous curriculum, and industry relevance.

2. Which entrance exams are accepted?

Admissions are mostly merit-based. Some specialized programs may require internal assessments or aptitude tests conducted by the college.

3. Does the college provide hostel facilities?

No. NM College does not have dedicated hostels. Most students arrange nearby PGs or shared accommodations in Mumbai.

4. Are placements guaranteed?

No. Placement outcomes depend on student skills, internships, and performance, along with market conditions.