19 Nov, 2024
Narsee Monjee College of Commerce and Economics, popularly known as NM College, is a private institute in Vile Parle West, Mumbai. NM College was established in 1961 by Shri Vile Parle Kelavani Mandal (SVKM). The college is affiliated with the University of Mumbai and accredited with an ‘A’ grade by the NAAC. It is also ranked 4th All India in Education World Private Autonomous College Rankings 2023-24.
Initially, NM College started with one course B.Com in 1964 with a total intake of 250 students. Now, it offers more than six courses at Undergraduate, Postgraduate, and Doctorate levels with a total intake of approximately 5500 students. Additionally, the college offers certificate courses for working professionals. Admissions to all courses (except BMS) at NM College are offered based on marks secured in the qualifying exams as per the guidelines set by Mumbai University.
During Narsee Monjee College of Commerce and Economics Placement 2023-2024, the highest salary package of INR 22.55 which was offered by DE Shaw and the average package stood at INR 6.10 LPA. Some of the top recruiters include Deloitte, Morgan Stanley, KPMG, Ernst & Young, PWC, KNAV, DH Consultants and many more.
Table of Content
UG Course | Fourth Merit List |
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B.Com | Check Here |
BAF | Check Here |
BMF | Check Here |
B.Com (Economics) | Check Here |
B.Com (Economics & Analytics) | Check Here |
PG Course | First Merit List |
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M.Com Advanced Accountancy | Check here |
M.Com Business Management | Check here |
M.Com Banking & Finance | Check here |
NM College Highlights
Here are some highlights on Narsee Monjee College of Commerce and Economics.
NM College Highlights | |
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Name of the College | Narsee Monjee College of Commerce and Economics |
Location | Swami Bhaktivedant Marg Bhagubai Mafatlal Complex, Opp. Cooper Hospital Vile Parle West Mumbai 400056 |
Affiliated With | University of Mumbai |
Recognized By | UGC |
Courses Offered | UG, PG & Ph.D. |
Flagship Course | B.Com |
Admission Criteria | Merit/Entrace-based |
Highest Package | INR 14.10 LPA (B.Com) |
Top Recruiters | Deloitte, Morgan Stanley, KPMG, Ernst & Young, PWC |
Official Website | nmcollege.in |
NM College offers B.Com at the UG level in multiple streams like Accounting and Finance, Financial Markets, Management and Finance, Economics, Economics & Analytics, BMS, and BSc IT, M.Com, and PhD programs. Details like eligibility, selection criteria, and fees for NM College courses are as follows:
Courses | Eligibility & Selection Criteria | Total Fees |
---|---|---|
B.Com |
Eligibility: A candidate must have passed the Higher Secondary School Certificate (Std. XII) examination( with minimum 60% marks in aggregate of all subjects) conducted by the Maharashtra/ other Indian State Boards or equivalent examination Selection Criteria: Merit-based |
In-house: INR 13,750 Outside: INR 14,470 |
BMS |
Eligibility: A candidate must have passed the Higher Secondary School Certificate (Std. XII) examination (with minimum 60% marks in aggregate of all subjects) conducted by the Maharashtra / other Indian State Boards or equivalent examination or Diploma program in any Engineering Branches with two years or three years after SSC/(Std X) examination conducted by the Board of Technical Examination or its equivalent examination Selection Criteria: Common Entrance Test by State Cell Maharashtra (MH-CET) |
In-house: INR 55,000 Outside: INR 55,720 |
B.Sc. |
Eligibility: A candidate must have passed the Higher Secondary School Certificate (Std. XII) examination ( with minimum 60% marks in aggregate of all subjects) conducted by the Maharashtra/ other Indian State Boards or equivalent examination with Mathematics as one of the subjects Selection Criteria: Merit-based |
In-house: INR 60,500 Outside: INR 61,220 |
M.Com |
Eligibility: B.Com/ BMS/ BBI/ BAF/ BFM Degree & (BMM only for Management specialization) Selection Criteria: Merit-based |
In-house: INR 36,790 Outside: INR 37,510 |
Admissions at NM College are offered in two categories i.e. In-House and Outsiders. Students from SVKM’s Narsee Monjee College of Commerce & Economics are considered as In-House students and students passing out from other colleges are Outsider students. NM College admissions for all courses (except BMS) are offered based on marks secured in the qualifying examination in both categories. However, the college is now taking admission for the BMS program through a Common Entrance Test by State Cell Maharashtra (MH-CET) as per the new guidelines by Mumbai University. NM College admission process is as follows:
Step 1: Register Online and Complete the Application
Students seeking admission to the Degree College must fill the pre-admission enrolment form of the Mumbai University admission portal and then the online application form for admission on the NM College official website (nmcollege.in) once the HSC/12th Board exam result is out and the University of Mumbai declares the schedule of admission. The completed application form has to be submitted along with all required relevant documents online.
Step 2: Merit List Announcement
After the registration process is complete, the college will release merit lists for shortlisted candidates for admission. The college usually releases 3 merit lists on its official website for each program to fill the seats. If seats remain vacant, the college will conduct spot admissions.
Step 3: Verification of Document & final admission
Candidates whose names appear on the merit list are required to report to the college for document verification. Once the verification is done, candidates will be offered admission after paying the required admission fee.
NM College placement 2024 report is released. The highest salary package of INR 22.55 LPA was offered by DE Shaw. The overall average salary package stood at INR 6.10 LPA. Salary packages offered by top 5 companies are as follows:
Company Name | CTC |
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DE Shaw | INR 22.55 LPA |
Axxela Financial Services | INR 14.1 LPA |
Futures First | INR 12.88 LPA |
Deloitte (Tax) | INR 7.60 LPA |
Barclays | INR 7.5 LPA |
As per NM College placement report , the median salary packages offered to UG and PG students are given in the table below:
Streams | Median Salary |
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B.Com | 6.05 |
B.Com (H) | 6.05 |
BMS | 6 |
BAF | 6.5 |
BFM | 6.89 |
BSc IT | 4.72 |
M.Com | 7.6 |
Total | 6.05 |
NM College provides various scholarships based on both merit and need-based under the different scholarship schemes by the Government of Maharashtra. The terms & conditions for the Scholarships/ Freeships vary from Scholarship to Scholarship and the students can avail of only one Scholarship / Freeship in a year.
Here is a list of NM College Scholarship
Narsee Monjee College of Commerce and Economics has world-class infrastructure, access to latest technology and exposure to diverse technical skills, offered by the institution equips learners to stride with competitive fervour.
Various facilities offered at NM College are given below:
Check More: NM College Reviews
Ques. Does NM College have any centers for extra or co-curricular activities?
Ans. Narsee Monjee College of Commerce and Economics, commonly known as NM College, indeed offers various opportunities for extra and co-curricular activities. The college recognizes the importance of holistic development alongside academic excellence. The college has several centers for extra and co-curricular activities such as Mathematics & Statistics Cell, Association of Accountancy, Finance & Investment Cell, Advertising & Marketing Circle, Brand Building Committee and many more.
Ques. How are the placements at NM College?
Ans. During Narsee Monjee College of Commerce and Economics Placement 2023-2024, the highest and average package offered stands at INR 14 LPA and INR 5.5 LPA respectively. Some of the top recruiters that visit the campus for placement include top-notch companies like Deloitte, Morgan Stanley, KPMG, Ernst & Young, PWC, KNAV, DH Consultants and many more.
Ques. What are the courses offered at NM College?
Ans. At present, NM College offers UG, PG & Ph.D. courses. The college started with an initial intake of 250 students has now grown to have a total strength of approximately 5500 students. B.Com is the flagship course offered at NM College as it statrted just one course in B.COM in 1964. Some of the courses offered at NM College are B.Com, BMS, B.Sc.& M.Com.
Ques. How to reach NM College?
Ans. The nearest railway station to NM College would depend on your starting point. However, Vile Parle and Andheri are two major railway stations nearby. From the station, you can hire an auto-rickshaw, take a bus, or walk to reach the college campus. Mumbai has a comprehensive bus network operated by BEST (Brihanmumbai Electric Supply and Transport) and other private operators.
Ques. How are hostels at NM College?
Ans. There are private hostels and dormitories available in the vicinity of NM College. These hostels typically offer shared or individual rooms with basic amenities like bedding, furniture, Wi-Fi, and sometimes meals. There are some private student housing complexes near the college for students who require hostel facility. Students have to arrange the accommodation by themselves.
Ques. What is the eligibility criteria for NM College?
Ans. A candidate must have passed the Higher Secondary School Certificate (Std. XII) examination conducted by the Maharashtra/ other Indian State Boards or equivalent examination (with a minimum of 60% marks in aggregate of all subjects) or Diploma program in any Engineering Branches with two years or three years after SSC conducted by the Board of Technical Examination or its equivalent examination. The final admission to the program will be given based on equal weightage to class XIIth marks (aggregate of all subjects) Under NEP 2020, UG Programs will be of 4 years duration with Honors/Research.
Ques. What is the status of recognization of NM College?
Ans. Narsee Monjee College of Commerce and Economics is an autonomous college that was established in the year 1964 by Shri Vile Parle Kelavani Mandal (SVKM). The college is affiliated with the University of Mumbai and recognized by University Grants Commission (UGC). NMCCE Mumbai has been re-accredited by NAAC with Grade ‘A’. NM College has been ranked 4th by Education World Private Autonomous College Rankings 2023-2024.
Ques. What is the flagship course at NM College?
Ans. B.Com is the flagship course offered at NM College as the college started with just one course in B.COM in 1964. Admissions to all the UG and PG courses are purely based on merit as per the University of Mumbai guidelines.
Course | Fees | Eligibility | Application Date | Action |
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B.Com | ₹55,000 (1st Year Fees) | 10+2 | 25 May - 11 Jun 2024 | |
M.Com | ₹36,790 (1st Year Fees) | Graduation | 22 May - 19 Jun 2024 | |
BMS | ₹55,000 (1st Year Fees) | 10+2 | 25 May - 11 Jun 2024 | |
B.Sc | ₹60,500 (1st Year Fees) | 10+2 | 25 May - 11 Jun 2024 | |
B.Com {Hons.} | ₹1.27 Lakhs (1st Year Fees) | 10+2 | 25 May - 11 Jun 2024 | |
Ph.D | ₹40,240 (1st Year Fees) | Post Graduation | - |
Select Degree and Streams to See Course Fees and Admission Details.
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Events | Dates |
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Online Payment of Fees (2nd List) [M.Com] | Jul 03, 2024 - Jul 05, 2024 |
Commenement of Classes [B.Com] | Jul 04, 2024 |
Commenement of Classes [B.Sc] | Jul 04, 2024 |
You can check college rankings with different ranking agencies.
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These insights are automatically extracted from student reviews
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Narsee Monjee College of Commerce and Economics is one of the finest colleges in Maharashtra and also in India. I had chosen this college due to its excellent academic records and the feedback from many seniors of mine who were the alumni of this college. Also this college has good placement in comparison to other comments in Maharashtra if not india. I had even given IPMAT and NPAT, I could crack IPM but had gotten admission into NMIMS, still I preferred NMCCE as it was more economical and still good enough for a bachelors degree as I also wanted to do CFA alongside Our college trans admission on the basis of 12th percentage. BCom is the flagship course of our college and BMS is the most sort after course in the college. The cut off for this course can go as high as 95%.
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The admission process is straightforward. There are no issues. However, the cut-off is relatively high for Bachelor of Commerce. Gujarati reservation is available. The exam system is 75 end semester exams, 15 marks assignment (includes presentation), and 10 marks internal test.
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So I gave CUET which is the Common University Entrance Test for NM with equal weightage to the board examination. The admission process was completely online, being an outstation student it was quite convenient for me. And considering the cut-off, I'm not very sure but it must've been above 95 percentile. The admission forms that are to be filled are the MU form available on the MU website, and then NM course form, which the college will provide after you're selected for the course.
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The candidate should have passed his 12th class from any recognised board. The admission can be secured through either General category or through Gujarati Minority. The fees for both of them are same. For the AY 2024-25 Mah-CET is taken for BMS admissions. Difficulty level is easy to moderate. Application form is available in the official website.
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Admission for BCom and other self-financed courses are done on the basis of class 12th score of students. Only for BMS students have to give CET exam. This was for academic year 2024-25. The process might change later on. All the admission related information is available on college's official website. The CET exam is conducted once a year.
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The admission process is quite easy which is basically online admission process, to apply around 100 rupees to being paid for each course. So for bachelors in management there is a entrance exam know as CUET and for otherc courses there are no entrance exam.
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the course is eligible for everyone who have passed their 12th exam and gained a percentage above 40/45% all the application forms are available on the college website, we must first register with the mumbai university since it's a mumbai university affiliated course the cut offs depend on the amount of students applying for the specific course hence it varies but it's last list stops around 70-75 for outsides and for in-house students it's easily available i feel the admission process should be made easier, applying for so many colleges with so many entrances is confusing and hectic for every student
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I appeared for mincet to be eligible for admission in svkm. The admission process can be complicated as you have to apply to mumbai university first and then to your preferred colleges. The college does have reservations.
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I did have any entrance exams. The admission process required us to submit a lot of documents and within a stipulated time frame. The cut off starts around 95% for M.Com. You can refer to the college website for the admission details.
The admission process went very smoothly. The application form is available in the XIME website . The college accepts CAT, MAT, CMAT, XAT scores above a certain percentage. Students are then shortlousted for the group interview and the personal interview rounds.
Scholarship provided by the college.
NM College Mumbai provides various scholarships based on both merit and need-based under the different scholarship schemes by the Government of Maharashtra. The terms & conditions for the Scholarships/ Freeships vary from Scholarship to Scholarship and the students can avail of only one Scholarship / Freeship in a year.
Here is a list of Narsee Monjee College of Commerce and Economics College Scholarship
Yes, it is possible to prepare for CA, while pursuing a B.Com from Narsee Monjee College of Commerce and Economics. Many do so. But you will have to manage attendance, lectures, presentation, projects, and exams along with CA preparation. Which won’t be a cakewalk. NM College has strict attendance rules.
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.
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.
You can check here to see what types of facilities NM College provides.
View photos and videos of campus life, hostels, cafeteria, and library.
Basic Information about the Faculty of NM College
Scholarship provided by college
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22 Comments
The cutoff has not been specified, you can register an download the brochure for the detailed information about the courses.
Aspirant seeking admission to the program must have passed the Higher Secondary School Certificate (Std. XII) examination conducted by the Maharashtra/ other Indian State Boards or equivalent examination or Diploma program in any Engineering Branches with two years or three years after SSC conducted by the Board of Technical Examination or its equivalent examination
No, there is no entrance examination for admission to B.Com. in NM College. The admission to the course is based on Merit basis.
You need to contact directly to the NM College to know the registration for entrance examinations are open or not.
Admission date has not been announced yet at the Narsee Monjee for the academic year 2024-25.
Admissions to all the UG and PG courses at NMCCE are done on the basis of merit as per the University of Mumbai guidelines. The cutoff for open category candidates at NMCCE ranges from 89% to 97%, depending on the courses.
Is there an entrance exam
NMCCE follows different admission criteria from course to course. You can check the course wise admission process on below link
Link: NMCCE Admission 2023
The total fee structure for BBA course at the college is INR 1,50,000 for 3 years.
If you have completed B.Com then you can apply for M.Com at Narsee Monjee College Of Commerce And Economics. You can apply online through the website.
You can pursue commerce-related courses like B.Com and BMS with CFA. Admission to these courses is merit-based. You can check out more details regarding Narsee Monjee College Admissions
Admissions are ongoing for M.Com at Narsee Monjee College Of Commerce. You can apply online by the website.
Narsee Monjee College of Commerce and Economics does not provide admissions on a CUET basis. The admissions are merit-based.
Admission to NMCEE Mumbai is done through NMIMS-NPAT test which is scheduled for January 4th to May 31st 2023 followed by counselling after that.
No, NMCCE Mumbai admission doesn’t accept admissions based on entrance test rather based on merit.
Check here to know about fees as per the courses offered at NMCCE. NMCCE Courses and Fees.
Narsee Monjee College of Commerce and Economics offers B.Com. but not BBA. The admission to the B.Com. is not based on the entrance examination. Admission is merit-based.
Is Mcom available?
Yes, M.Com. is available in Narsee Monjee College of Commerce and Economics offers M.Com. in two specialisations which are M.Com. and M.Com. Business Analytics.
You can get admission to the Bachelor of Commerce (B.Com) on the basis of scores of the last qualifying examination followed by the counseling process. The registration process for the course has not yet started for this session.
No, admission to BMS course is completely merit-based. You can check out more on it at NMCCE Mumbai BMS Course.
The application release date for 2023-24 admission is not released yet.