Narsee Monjee College of Commerce & Economics is a prestigious college connected to Mumbai University. Shri Vile Parle Kelavani Mandal (SVKM), a trust managed professionally with many esteemed academic institutions under its wing, founded the institution in 1964.
Although Narsee Monjee College of Commerce and Economics first concentrated on educating students to help them become independent and to prepare them for employment in the business sphere, it progressively broadened the scope of its activities to include the shaping of the students' complete personalities. It is now essential to give pupils the tools they need to excel in all areas due to increased competition in all spheres of life.
Narsee Monjee College of Commerce and Economics Ranking in 2024
A premier college for economics and commerce, NMCCE has received several prestigious rankings.
- India Today gave Narsee Monjee College of Commerce and Economics a rank of 7 out of 229 colleges in India for best Commerce program (2024).
- The Week ranked NMCCE 8 out of 118 for Commerce (2024).
- Outlook ranks the college 9 out of 140 colleges for Commerce (2024).
- EducationWorld ranks the institute at #4 for India Autonomous Colleges Rankings 2024-25.
- The NAAC Accreditation for the school is A.
- The CGPA score is 3:42.
About Narsee Monjee College of Commerce and Economics
SVKM was established in 1934 with the intent of providing school education to the residents of Vile Parle and nearby areas. 25 years later, the organization expanded into investing in college level education as well and the Narsee Monjee College of Commerce and Economics was established in 1964.
Originally, the college had only a 250-student initial intake. It has since expanded to have around 5500 students enrolled each year. In 1964, there was just one B.Com course offered; since then, there have been seven more programs added, plus a post-graduate course with three streams under Mumbai University.
The college has produced numerous well-known industrialists, chartered accountants, actors, musicians, singers, stage celebrities, fashion designers, and athletes for the nation during the course of its 60-year history.
Mission and Vision
Narsee Monjee College of Commerce and Economics has a motto of ‘education for excellence’. To stand true to its motto, the institution has set a list of objectives. These objectives are:
- Establish a space where students can express their creativity while fostering an entrepreneurial and critical thinking mindset.
- Provide education of the highest caliber through comprehensive, value-based teaching and learning that incorporates both conventional and cutting-edge methods.
- To uphold and encourage sustainability, compliance, quality, and openness in governance.
- Give students the tools they need to better adapt to the changing global environment and access a variety of professional options.
- Make education available to all societal groups to promote inclusivity.
- Instill in them a strong sense of commitment to hard work and the fundamental principles of gender equality, human rights, and ecology to develop them into civically engaged individuals.
Facilities Available in Narsee Monjee College of Commerce and Economics
- Hostel: The Vile Parle Kelavani Mandal has a girls' hostel across from Utpal Sanghavi School, which is also adjacent to the college, and a common boys' hostel a half kilometer away from the campus.
- Library: The 80 personal computers in the well-equipped computer labs and the Wi-Fi facilities improve learning and allow for the proper delivery of university-required courses. The College, which makes reading and learning an extremely pleasant experience, has a sitting capacity of about 300 pupils and a total area of roughly 7,400 square feet. Additionally, the library receives upgrades. The library has 114 magazines, 39,000 volumes, 300+ CDs, more than 20 newspapers, and other materials.
- Extra-Curricular Activities: Narsee Monjee College has numerous centers for extra and co-curricular activities such as the Association of Accountancy, Brand Building Committee, Mathematics & Statistics Cell, Advertising & Marketing Circle, and Finance & Investment Cell.
Narsee Monjee College of Commerce and Economics Admission
Narsee Monjee College of Commerce and Economics admission is purely based on merit. However, it has certain predefined parameters to apply to the courses. The Narsee Monjee College of Commerce & Economics admission requirements vary from course to course. Find below the undergraduate and postgraduate admission requirements.
Narsee Monjee College of Commerce & Economics Admission Undergraduate Programs
- The three-year, full-time undergraduate B.Com programs in three specialties (B.Com Regular, B.Com Accounts, and Finance, B.Com Financial Market), BMS, and B.Sc programs are all offered by Narsee Monjee College of Commerce & Economics. Candidates must have passed the Higher Secondary School Examination (HSSC) and received an overall grade of 45% in order to get admission to any of the undergraduate programs.
- Candidates for admission to the B.Sc. (IT) program must have completed the 12th grade with a minimum cumulative grade point average (GPA) of 45% and Mathematics as one of the required subjects. Candidates' scores in mathematics will be given preference for B.Sc. (IT) degrees.
Narsee Monjee College of Commerce & Economics Admission Postgraduate Programs
- The M.Com program at Narsee Monjee College of Commerce & Economics has three specialization options for graduate students.
- Candidates seeking admission must hold a Bachelor's degree in commerce or one of its related areas (B.Com, BAF, BFM, BMS, or BBI). The candidate's performance on the qualifying degree exams will determine if they are admitted.
Narsee Monjee College of Commerce & Economics Application Process
- Visit the college's official website.
- Click the link for the appropriate course's "Online Pre-Admission Form."
- Complete the form, then press the "Submit" button.
- An application certificate will be issued after the form has been filled out properly.
- Pay INR 100 as the application fees now. Candidates will receive an email confirmation of payment.
- Keep the properly completed form and print off a printed copy of it.
- Print the payment confirmation email and submit it along with the hardcopy application form.
- Candidates will get an acknowledgement form that has been stamped and signed.
- Candidates must log in using the link on the home page after their names appear in the merit list.
- To check the status, click on the link.
- Click on the Post Admission Form link, then fill out the necessary information.
Documents Required for Narsee Monjee College of Commerce & Economics Admission
- SSC Grade Report SSC School Transcript
- HSC Grade Report HSC School Transcript Graduation a mark sheet with a passing grade
- Any other certificate that is necessary
- Provisional Statement of Marks, in the event that the student received their HSC diploma from a board other than Maharashtra.
- 3 passport-sized photos and a hard copy of the pre-admission online registration form
- Five self-addressed envelopes, each with a stamp for INR 5 attached.
- Migration/Transfer Certificate
- Pay with a check or money order made out to "Narsee Monjee College of Commerce and Economics."
Best Courses at NMCCE
Economics and Commerce are the two trades covered by NMCCE as of now. It offers various undergraduate and postgraduate programs in these fields. The most common courses offered by NMCCE are B.Com, BMS, and S.Sc.
The popular courses are:
- B.Com (Management and Finance)
- B.Com (Economics & Analytics)
- B.Com (Accounting & Finance)
- B.Com (Economics)
- B.Com
- B.Sc. IT
- BMS
- BFM
- M.Com (Banking & Finance)
- M.Com (Business Management)
- M.Com (Advanced Accountancy)
- Ph.D.
Besides the technical courses, NMCCE provides training and career counseling to first-year students, covering various topics such as interview skills, communication skills, self-development, stress management, goal setting, leadership, etc.
Narsee Monjee College of Commerce and Economics Eligibility & Fees
The Narsee Monjee College of Commerce and Economics consistently works to live up to the reputation it has built over a period. As a result, you might find some eligibility criteria that have been pre-set by Narsee Monjee College of Commerce & Economics. For certain programs, different eligibility requirements apply. Below is a complete list of Narsee Monjee College of Commerce and Economics eligibility & fees.
- Bachelor of Commerce (B.Com)Course: The candidate must pass the 10+2 level from a recognized board with 45%.
- Bachelor of Science (B.Sc) Course: The candidate must pass the 10+2 level from a recognized board with 45%.
- Bachelor of Management Studies (BMS) Course: The candidate must pass the 10+2 level from a recognized board with 45%.
- Master of Commerce (M.Com) Course: The candidate must pass the graduation with commerce from a recognized university with 45%.
The selection is entirely merit-based. The college publishes merit lists based on the performance of the candidates in their respective exams. On top of that, Monjee College of Commerce and Economics has its own cut-off marks. The latest list of subject-wise cut-off marks is shared below for your reference.
- Cut-off marks for B.Com (General): 96.6%
- Cut-off marks for B.Com (Hons.): 96.4%
- Cut-off marks for B.Com (Finance and Accounting): 97.2%
- Cut-off marks for B.M.S.: 96.8%
- Cut-off marks for B.Sc.: 89%
Narsee Monjee College of Commerce and Economics fees are well within the grasp of the middle-class and upper-middle-class milieu. The following information on the Narsee Monjee College of Commerce and Economics fees will help you understand the expenses. Narsee Monjee College of Commerce and Economics organizes various scholarships and freeships for underprivileged students. Those will be discussed below as well.
A course-wise fee structure of Narsee Monjee College of Commerce and Economics for First Year Students:
- B.Com: INR 13760 - 126,500 (depending on the program)
- B.Sc: INR 60,500
- BMS: INR 55,000
- M.Com: INR 36,790
Please make a note that the abovementioned fees are first-year fees only.
Narsee Monjee College of Commerce and Economics Scholarships
Under the diverse scholarship programs offered by the Maharashtra government, Narsee Monjee offers a variety of scholarships based on both merit and need. Each scholarship has its own terms and conditions, and students are only eligible to apply for one scholarship or freeship every year. Scholarships are available to students who belong to the designated castes, scheduled tribes, people with disabilities, V.J.N.T.s, special backward class (SBC), and other backward classes (OBC).
- Examination fees for students from Scheduled Castes, Scheduled Tribes, VJNT, Special Backward Classes (SBC), and Other Backward Classes are waived or reduced.
- Government Scholarships for Central Sector Scheme Students Enrolling in Undergraduate Programs.
- Government-funded junior college scholarships are available to students from economically disadvantaged classes.
- Open Merit Scholarship from the State Government.
- Post-High School Scholarships for Minority Community Students (for example, Buddhists, Jains, Parsis, Sikhs, Christians, and Muslims).
- Education Discount for Children of Veterans.
- Scholarship for Postgraduate Students from Eklavya.
- Rajarshi Chhatrapati Shahu Maharaj Shikshan Shulka Shishyavrutti Scheme.
Career Prospects Graduating from NMCCE
In 2010, the college began its Training & Placement Cell program to assist students in the transition from educational career to work career.
Today, the cell seeks to create training modules for students to gain more experience and knowledge in scopes that fall outside their typical classroom education. The program equips students with soft and transferable skills through workshops, classes, and summer internships. Guest lecturers from various industries also provide valuable insight to student attendees.
Students will learn self-management skills and people skills in their first two years, then will develop specific skills for their industry/company of choice.
The program is a great benefit for students and the companies who want to hire them!
Top Recruiters at Narsee Monjee College of Commerce and Economics
A dedicated training and placement department at Mumbai's Narsee Monjee College of Commerce and Economics (NMCCE) assists students in obtaining employment with reputable businesses. To help students succeed in the selection process during placement drives, the cell also holds mock interviews and group discussions. The average CTC at Narsee Monjee was INR 6 LPA, while the top pay package available was INR 9 LPA. Among the main employers connected to NMCCE are:
- Deloitte
- JP Morgan
- KPMG
- Grant Thornton
- EY
- PWC
- IIFL
- ICICI Bank
- Direct
In 2024, 135 students received placements as part of the Training and Placement Program. The highest salary received was 22.55 LPA for a BMA student at D E Shaw. The average salary for all placed students was 6.10 LPA.
Narsee Monjee College of Commerce and Economics Top Alumnus
Narsee Monjee College of Commerce and Economics's top alumnus list will surprise you with the sheer variety.
The ex-students from this institution are now spread throughout the globe, excelled in their respective fields, and made the country proud of them. The list of Narsee Monjee College of Commerce and Economics top alumnus goes like the one below:
- Aamir Khan: Indian film actor
- Anita Donga: Indian fashion designer
- Nita Ambani: Director of Reliance Industries, founder and chairperson of Dhirubhai Ambani International School, and the Reliance Foundation.
- Nirmal Jain: Founder and chairman of the Indian financial conglomerate Infoline Group.
- Divyank Turakhia: An Indian serial entrepreneur, self-made billionaire, and founder of Media.net
Ensure Your Place in University with a Private Tutor
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