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Narsee Monjee College of Commerce and Economics, Mumbai

Mumbai, MaharashtraEstd 1964 Mumbai University, Mumbai NAAC Grade A
#7 For Commerce By Indiatoday 2024  
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NM College: 30 Answered Questions

Which is the best college for BMS in Mumbai among HR colleges- NM College, Mithibai College, HR College, or Jai Hind College?

Ankita Sarkar
Subham JoshiStudied at H.R. College of Commerce and Economics

There are a lot of factors which should be kept in mind while opting for either of the colleges. Some of such factors are mentioned below. 

Attendance- 

  • For attendance, HR is way more lenient than NM College. If you have a valid reason for low attendance such as preparation of CR, then you might be exempted. 
  • However, this doesn't work in NM college, they are extremely strict about their attendance.

Distance- If you are a resident of Mumbai then you should consider the distance of the college from your home. It is an important factor to consider, and saves a lot of time and money.

Focus area- 

  • If your goal is holistic development i.e. curriculum studies plus co-curricular activities, then NM college is the preferred choice. 
  • HR is close to NM in this race. But NM provides a wider exposure owing to its central location of the college, surrounded by various other universities.

Let’s take a look at the advantages of all the above-mentioned colleges in a tabular form below.

Parameters

NM College

HR College

Jai Hind College

Mithibai College

Placement rate (2020)

100%

70%-80%

65%

50%

Average salary package (2020)

17.58 LPA

2 LPA

>2.5 LPA and <5 LPA

4 LPA – 5 LPA

Community- Often this factor is excluded while selecting a college, but this factor is as important as any of the above-mentioned factors. Although, if you have good people skills, you don’t need to consider it. But if you need a community then, in NM you will be surrounded by Gurjatis and in HR by Sindhis.

Infrastructure- 

  • NM College is up-to-date with its infrastructure regardless of the fact that it is one of the oldest and well-known colleges in Mumbai. 
  • HR College is outdated, not maintained, in terms of infrastructure.

Cost- If you are not a resident of Mumbai, South Mumbai is expensive in comparison to West Mumbai. 

Thus, keeping the above analysis in mind, NM College is the best out of the four colleges.

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What is your review of Narsee Monjee College of Commerce And Economics?

Deepika ShahBMS Marketing, Narsee Monjee College of Commerce And Economics

Narsee Monjee College of Commerce is one of the leading Commerce colleges in the country. It is also known as a ‘CA factory’. The name is appropriate, given that around 75% of students of each batch become CA. NM offers good academics and learning resources.

Many reputed companies such as Deloitte, KPMG, PWC, etc. visit NM College of Commerce placements. The average CTC offered in the campus placement is around INR 4 LPA. 

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Which college is better Mithibai or NM for enjoyment and average studies?

Pratyasha
Anindita GhoseB.M.S Management & Marketing, Mithibai College (2022)

You will enjoy your college life more at Mithibai. Here are some of the reasons why you should choose Mithibai over NM. 

  • NM is more strict than Mithibai.
  • The faculty at Mithibai is comparably young with relevant industry experience. Which makes the environment more friendly.
  • For most subjects, presentations are taken in the form of skits. This will help you explore your creativity and help you learn through fun methods. 
  • Mithibai has many well-known fests, i.e. Colosseum, Kshitij, etc. 
  • The infrastructure of the college is excellent.
  • You will receive decent placement opportunities through campus drive. 
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How is the crowd at NMIMS Mumbai vs that at SIMSREE?

vidya JoshiMBA from SIMSREE (2021)

When considering MBA colleges in India, Sydenham (SIMSREE) should definitely be on your list. It is one of the most underrated colleges and has several advantages over more popular colleges like NMIMS.

First, let's look at the ROI. Sydenham has a median CTC above 10 LPA and the total course fee is only 1.4 lakhs. This makes it a great investment, especially since it's the only government institute in Maharashtra that offers an MBA. And for category students, there is almost no course fee!

Next, the faculty at Sydenham is amazing. You will be taught by some of the best in the industry, including one of the Directors of RBI, the President of Finance, GM Strategy, and GM Retail of many MNCs. These are the core faculty at Sydenham.

The illustrious alumni of Sydenham are another advantage. Founders of BookmyShow, CEOs of Raymond, Citi Malaysia, Chief South Business, Disney, Head Operations Lamborghini India, and many more have done an MBA from Sydenham.

One thing that sets Sydenham apart is its student-driven culture. The college is of the students, by the students, and for the students. Students are involved in the administration of the college and events, which gives you hands-on experience in managing an institute before actually starting a corporate job.

Finally, the location of Sydenham is excellent. It is located at Churchgate, in the heart of the financial capital Mumbai. This gives you immense exposure to guest lectures, which is very critical. Also, for non-Mumbai students, you can be at Marine Drive whenever you want by paying negligible fees at the Government College's Hostel.

In conclusion, if you're looking for an MBA college in India, you should definitely consider Sydenham. It has great ROI, amazing faculty, illustrious alumni, a student-driven culture, and an excellent location.

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How do I get admission through management quota in Narsee Monjee college of commerce and economics I have scored 93.4% in 12th class?

Ishika BanerjeeBMS in Finance, Narsee Monjee College of Commerce And Economics

Getting admission to Narsee Monjee College of Commerce and Economics depends on various factors such as course, availability of seats, domicile, etc. It’s easier for Maharsahtra domicile students to get direct admission through the management quota. Having a 93.5% in 10+2 should work in your favor, as students need at least 85% to be eligible for admission through the management quota.

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Which one is better: Narsee Monjee College of Commerce and Economics or Narsee Monjee Institute of Management Studies for B.Com (hons)? Why?

Nikita SinhaLives in Mumbai, Maharashtra, India

Narsee Monjee College of Commerce and Economics is better for pursuing a B.Com (Hons.). It is older and well-reputed. The commerce faculty of the college is excellent. NMIMS is primarily a B-School and offers a good MBA degree. But it started offering undergraduate degrees recently. 

Narsee Monjee B.Com fees are almost half of what you will pay at NMIMS. The total course fees amount to INR 92,000. 

NM College of Commerce and Economics placements are good. Reputed companies such as Morgan Stanley, EY, KPMG, etc. visit the campus placements. The average CTC received by the students is around INR 7 LPA. 

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NM College vs Symbiosis. Which is better for bcom?

Akanksha Gupta
Manas DasB.Com from Narsee Monjee College of Commerce And Economics (2020)

Bachelor in Commerce is a three-year full time undergraduate course.The course prepares students to sustain as a corporate employee or an entrepreneur. They become flexible and gain knowledge to survive in a changing corporate environment. They learn how to focus and understand the business world.

NM College prepares students to imbibe knowledge and skills in their chosen fields. It is known to be a CA factory. The college is strict about their attendance. This sometimes becomes a problem for students who are working or doing internships along with their B.Com.

The course in Symbiosis aims to create an unusual program that has the potential to gain knowledge from theories and achieve practical skills, enhancing the student’s mind. It creates an intellectually stimulating environment for students. It does not have a strict rule about attendance which enables students to pursue jobs or internships while studying.

The table given below shows a brief overview of both the institutes:

Categories

NM College

Symbiosis College of Arts and Commerce

Batch Size

500

250-350

Cut Off

93%

92%

Course Fee

10,800

53,752

Placement Domains

Finance, Consultation and IT.

Marketing, Finance and HR.

Highest Salary Package

11 LPA

5.9 LPA

Average Salary Package

5.5 LPA

3.5-4.5 LPA

Recruiting Companies

Citi Bank, Barclays, Endurance.

Credit Suisse, Deloitte, Northern Trust.

Placement Percentage

60%

12-15%

Both colleges are equally good, there might be some differences in fees or faculty, batch size, etc. otherwise academically it is more or less the same. If the candidate is willing to be a part of Finance and Consultation, he or she should go for NM College.

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Are Narsee Monjee College of Commerce and Economics and Narsee Monjee Institute of Management Studies different colleges or the same?

Sangeeta VermaB.Com (Financial Markets) from Narsee Monjee College of Commerce And Economics (2019)

Narsee Monjee College of Commerce and Economics and Narsee Monjee Institute of Management Studies is two completely different institutions. The common thing between them is that they are registered under the same trust names SVKM. 

  • NM College is affiliated with Mumbai University whereas NMIMS is deemed to be a university. Both are very different. 
  • NMIMS, being an autonomous institute, has its own syllabus and courses made and updated by itself. 
  • NMIMS offers many courses with lots of changes in the syllabus like B.com (Hons.), BBA, B.sc, Finance, B.sc Economics for undergraduate and MBA and others for post Graduate. 
  • NM College offers courses such as B.Com, Bachelors in Management Studies (BMS), Bachelors in Accounting and Finance (BAF), Bachelors in Financial Markets (BFM), and other postgraduate courses as well.

NMIMS has better academics because their courses and syllabus are regularly updated according to the response given by the students. They can update their syllabus however they seem fit but on the other hand, NMCCE is under Mumbai University which does not change its syllabus frequently and has outdated courses too. Moreover, the fee for NMIMS is way higher than NMCCE which is considered affordable.

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How are the placements at Narsee Monjee College of Commerce and Economics?

Chetna BoseB.Com from Narsee Monjee College of Commerce And Economics (2017)

The placement at NM College of Commerce and Economics is amazing. The college offers great industrial exposure in National Companies and other Corporate firms. However, very few companies visit the campus for the recruitment process. 

The placement cell tries to bring companies for internships as well. The companies that often visit the campus for recruitment during placement drives are:

Citigroup Honeywell
TCS Federal Bank
Ernst and Young KPMG
Barclays Bank Deloitte
Accenture JP Morgan Chase

There are many more such big companies that have visited for the placement.

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How did you escape the attendance in Narsee Monjee College of Commerce and economics?

Manoj RoyStudied at Narsee Monjee College of Commerce And Economics

Narsee Monjee College of Commerce and Economics, Mumbai has a very strict attendance policy of a minimum of 75% required overall. The college is however very strict for attendance and you need to follow the attendance rule. There is no way you can escape it.

However, the college does give some relaxation to students by bringing down the overall attendance to 50% and individual subject attendance to 25%. I would suggest you don’t ever fall below this mark. You will have to attend classes even at 7 AM in the morning to maintain at least 50% aggregate and 25% individual subject mark. If you are lucky enough then you can get away with proxies as I did. But you should not take this for granted as some professors are very strict about this.

Also, there is no special rule for those pursuing CA and CS courses along with attending the college. 

I would say that please do not get scared of the 75% attendance rule. The professors and the seniors may scare you with this but it eventually comes down to 50%.

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