Candidates who are looking forward to making a career in the Commerce stream can pursue Commerce courses at all levels of education, such as undergraduate (UG), postgraduate (PG), and diploma/doctorate (Ph.D.) levels. There are around 116 Commerce colleges in Mumbai that offer full-time, part-time, distance learning, as well as an online mode of study. Out of these colleges, 109 are private and 7 are government.
For the students who want to pursue a career in Commerce, have a variety of options available at both undergraduate and postgraduate courses, such as B.Com, M.Com, B.Com (Hons.), Ph.D., B.B.A, C.A, C.S, M.Com, M.B.A., M.Phil, and others.
Specialisations offered by Commerce Colleges in Mumbai
The following table shows various Commerce specialisations offered by several colleges in Mumbai:
| Specialisations |
| Commerce |
| Economics |
| Finance |
| Financial Services |
| Banking and Insurance |
| Accountancy |
| Investment Banking |
| Banking |
Eligibility Criteria of Commerce Colleges in Mumbai
Commerce courses can be pursued at both undergraduate and postgraduate levels. However, the eligibility criteria may differ as per the branch and course opted for by the student.
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For the Undergraduate (UG) level
The following are the eligibility criteria for admission to undergraduate commerce courses in Mumbai-
Candidates who have completed their Class 12th or its equivalent level of study in the commerce stream are eligible to pursue a UG degree programme in Commerce.
Students who have studied subjects like Accountancy, Mathematics, and Economics are also eligible to get admission in the top commerce colleges of Mumbai.
For Postgraduate (PG) level
The following are the eligibility criteria for admission to postgraduate commerce courses in Mumbai-
Candidates must have completed their graduation degree in the commerce stream from a recognized college/university.
Admission Process of Commerce Colleges in Mumbai
The admission process varies across colleges as per their rules and regulations. Students can get admission in Commerce programmes through merit-list and entrance, i.e, the scores they obtained in the entrance examination they appear for.
Apart from merit-based admission to Commerce courses in Mumbai, many top-ranked colleges also accept the scores secured in many National and state-level entrance examinations, including NMIMS – NPAT, WLCI Aptitude Test, ICSI Exam, VUSAT, and others.
Candidates who are appearing for the Commerce programmes in Mumbai need to fill out the respective college/university admission application forms.
Admissions into commerce programmes are made based on merit lists released by the university/colleges.
Students are requested to submit their necessary documents to complete the admission application process.
Commerce Colleges in Mumbai
There are around 116 commerce colleges in Mumbai, out of which 109 are private and 7 are government colleges.
Top Commerce Colleges in Mumbai 2026
The following are the top commerce colleges in Mumbai-
1. NMIMS University, Mumbai
What began as a modest initiative in 1981 has today grown into a globally respected institution — NMIMS (Narsee Monjee Institute of Management Studies). Established by the Shri Vile Parle Kelavani Mandal (SVKM) to meet India’s growing demand for management education, NMIMS started its journey with a two-year full-time master’s programme in management studies. The institute commenced operations with just four full-time faculty members, 3,162 books, and 40 students, functioning out of Bhaidas Hall in Vile Parle (West), Mumbai.
From these humble origins at Bhaidas Auditorium, NMIMS soon expanded and moved into a sprawling 5,50,000 sq. ft. campus, now a landmark in the heart of Vile Parle—one of Mumbai’s most vibrant and well-connected suburbs.
Over the years, NMIMS has transformed into one of India’s leading multi-disciplinary and multi-campus universities. Declared a Deemed-to-be University in 2003 and granted Category-I autonomy in 2018, NMIMS today comprises eight campuses and 17 schools, spanning diverse fields such as Management, engineering and technology, Science, Commerce, architecture and design, Liberal Arts, Humanities, and Law.
With over 12,000 students in Mumbai and 17,000 across all campuses, supported by 650 full-time faculty members in Mumbai and more than 900 faculty across India, NMIMS stands as one of the country’s most dynamic academic ecosystems. The university is also home to distinguished scholars, including 10 faculty members who have received international fellowships, such as the Fulbright and Humboldt awards, for postdoctoral research.
Driven by consistent academic excellence, a strong research orientation, distinguished faculty drawn from premier national and international institutions, and deep industry connections, NMIMS continues to be recognised as one of India’s foremost centres of higher learning and research excellence.
2. Hinduja College, Mumbai
K.P.B. Hinduja College of Commerce, Mumbai Established in 1974 by the visionary industrialist Late Shri Parmanand Deepchand Hinduja, K.P.B. Hinduja College of Commerce stands today as one of Mumbai’s leading institutions for higher education. A philanthropist deeply committed to human welfare, Shri Hinduja dedicated a part of his business profits to charitable initiatives—particularly in education and healthcare, which he regarded as the fundamental rights of every individual.
Over the years, the College has earned a reputation for academic excellence and holistic development. It holds an ISO 9001 Certification and has been honoured with the Best College Award (2010–11) by the University of Mumbai. In 2016, the University Grants Commission (UGC) recognized the institution as a College with Potential for Excellence, a distinction granted to only a select few colleges across the country. Further, in 2017, the College received an A+ Grade in its third cycle of accreditation by NAAC, reaffirming its commitment to quality education.
Today, K.P.B. Hinduja College of Commerce serves a vibrant student community of over 6,000 learners, supported by 70 full-time and 45 visiting faculty members. It offers 15 academic programmes spanning junior college, undergraduate, postgraduate, and doctoral levels.
Dedicated to nurturing future leaders in commerce, business, banking, insurance, and industry, the College emphasizes both academic excellence and industry-relevant skill development. Students can enhance their employability through specialized, career-oriented courses such as Diamond Cutting, Cyber Law, Stock Market Operations, CFP, Entrepreneurship, Digital Media Marketing, Event Management, ERP, CRM, and Computer Applications. Exposure to the real-world business environment is further enhanced through guest lectures, industrial visits, field trips, and internships.
Guided by its enduring motto, “Character is Supreme,” the College strives to instill in its students a deep sense of ethics, responsibility, and social commitment. Through active participation in NSS, NCC, DLLE, Nature Club, and other extension activities, students are encouraged to contribute meaningfully to society and evolve as responsible citizens of India.
3. KC College, Mumbai
Kishinchand Chellaram College, Mumbai, Established in 1954, Kishinchand Chellaram (K.C.) College is one of Mumbai’s premier institutions of higher education, renowned for its academic excellence and vibrant campus life. Located in the heart of Mumbai, Maharashtra, the college offers a wide range of Undergraduate (UG) and Postgraduate (PG) programs, all conducted in full-time mode.
Students can choose from an extensive array of disciplines, including Science, IT & Software, Accounting & Commerce, Humanities & Social Sciences, Mass Communication & Media, Business & Management Studies, Beauty & Fitness, and Fine/Visual/Performing Arts. The programs offered include B.A., B.Com, B.Sc, BBA, B.Voc, BPA, M.A., M.Com, and M.Sc., catering to diverse academic and professional interests.
Over the decades, K.C. College has built a strong academic reputation supported by a team of highly qualified and experienced faculty members. The institution has developed specialized expertise in fields such as Statistics, Computer Science, Hindi, Chemistry, Microbiology, Sports, Physics, Production Design, Digital Marketing, and Biotechnology.
The college offers 1,637 seats across its various programs, with course fees ranging from INR 17,640 to INR 2,85,000, making quality education accessible to a broad spectrum of students.
Beyond academics, K.C. College provides state-of-the-art facilities and a supportive learning environment, ensuring holistic student development and preparing graduates to excel in their chosen fields.
4. Kirti College, Mumbai
Deccan Education Society’s Kirti M. Doongursee College of Arts, Science and Commerce, Mumbai. Located in Dadar (West), Mumbai, Kirti M. Doongursee College of Arts, Science and Commerce [Autonomous] is one of the most reputed institutions under the Deccan Education Society (D.E. Society). Affiliated with the University of Mumbai, the college is recognized by the University Grants Commission (UGC) under Sections 2(f) and 12(B) of the UGC Act, 1956. The National Assessment and Accreditation Council (NAAC), Bangalore, has accredited the college with an ‘A’ Grade on three separate occasions, acknowledging its sustained commitment to academic excellence.
The college traces its origins to 1954, when the Deccan Education Society—celebrating its Diamond Jubilee—established the then Bombay College in Mumbai. The foundation stone was laid by the eminent social reformer and advocate for women’s education, Maharshi Dhondo Keshav Karve. In 1960, marking the 75th anniversary of the D.E. Society, the institution was renamed Kirti M. Doongursee College, in memory of Kirti M. Doongursee, a former student. The renaming ceremony was graced by Dr. Sarvepalli Radhakrishnan, then Vice-President of India, and followed a generous donation of 2,00,000 from Seth Manoobhai Doongursee, Kirti’s father.
As a constituent college of the Deccan Education Society and an affiliated institution of the University of Mumbai, Kirti College shares the University’s vision of promoting quality education and holistic student development. This alignment of objectives earned the college the prestigious ‘Best College’ Award (Urban Area) from the University of Mumbai in 2006.
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5. Mithibai College, Mumbai
Mithibai College of Arts and Chauhan Institute of Science, Mumbai Established in 1961 by the Shri Vile Parle Kelavani Mandal (SVKM), Mithibai College of Arts and Chauhan Institute of Science was founded to meet the growing demand for higher education in the western suburbs of Mumbai. As the institution flourished and the need for commerce education increased, the Amrutben Jivanlal College of Commerce & Economics was added in 1981, expanding the academic scope of the campus. The college also enjoys linguistic minority status for the Gujarati community.
From its humble beginnings in a modest two-storey building, Mithibai College has evolved into a nine-storey landmark structure that dominates the educational landscape of Juhu, Mumbai. Today, the college comprises 22 departments across the Arts, Science, and Commerce faculties, offering a rich variety of academic disciplines.
The institution provides 16 postgraduate programs and houses 10 research centres offering Ph.D. programmes, underscoring its commitment to advanced learning and research. Mithibai College has also been the proud recipient of prestigious government grants under Rashtriya Uchchatar Shiksha Abhiyan (RUSA-2), as well as funding from the Department of Biotechnology (DBT) and the Department of Science and Technology (DST), reflecting its continued excellence in academics, innovation, and research.
6. NM College of Commerce and Economics, Mumbai
Shri Vile Parle Kelavani Mandal (SVKM) and Narsee Monjee College of Commerce and Economics, Mumbai. Shri Vile Parle Kelavani Mandal (SVKM) is a professionally managed trust that oversees a wide network of prestigious educational institutions. Established in 1934 by a group of visionary industrialists and socially committed philanthropists, the Mandal was founded to provide quality school education to the residents of Vile Parle and its surrounding areas.
As SVKM celebrated its Silver Jubilee, members proposed expanding its educational initiatives to the college level, recognizing the growing need for higher education opportunities within the community. At the time, the absence of colleges managed by the Gujarati community in the western suburbs compelled students to travel daily to South Mumbai—an increasingly difficult task. After thoughtful deliberation, the Managing Committee resolved to establish a Commerce College within the Mandal’s campus in the JVPD Scheme area of Vile Parle, leading to the founding of the Narsee Monjee College of Commerce and Economics in 1964.
Initially, the college was established to impart education in commerce and to help learners become self-reliant and career-ready. Over time, however, it broadened its vision to promote the holistic development of students, equipping them with the skills needed to excel in all spheres of life.
From its modest beginning with 250 students and a single B.Com program, Narsee Monjee College has grown exponentially to accommodate nearly 5,500 learners today. The academic offerings have expanded to include seven additional undergraduate programs, such as:
Bachelor of Management Studies (BMS)
B.Com (Accounting and Finance)
B.Com (Financial Markets)
B.Com (Economics)
B.Com (Economics & Analytics)
B.Sc (Information Technology)
(an interdisciplinary program)
The college has also introduced postgraduate programs in Commerce with three specializations — Advanced Accountancy, Business Management, and Banking & Finance — further strengthening its academic portfolio.
7. RJ College Mumbai
Hindi Vidya Prachar Samiti’s Ramniranjan Jhunjhunwala College of Arts, Science and Commerce (Empowered Autonomous Status), Mumbai Established in 1963 by the visionary Shri Nandkishore Singh Jairamji, a humble postman with an extraordinary commitment to education, Ramniranjan Jhunjhunwala College of Arts, Science and Commerce was founded under the aegis of the Hindi Vidya Prachar Samiti to provide quality higher education to the youth of Mumbai.
Over the past six decades, the college has evolved remarkably, achieving several milestones while adapting to the dynamic educational and societal landscape. In today’s globalized world—where boundaries between institutions, states, and countries have blurred—R.J. College continues to uphold its mission of delivering education that is both globally relevant and socially responsible.
Originally established as a traditional institution for higher education, the college soon recognized the growing need to equip students with professional qualifications and employability skills aligned with industry demands. In the past two decades, R.J. College has significantly diversified its academic offerings, enabling students to choose from a wide spectrum of programs tailored to their interests and career goals.
The college offers restructured programs in Botany, Zoology, Chemistry, Physics, Statistics, and Mathematics, incorporating emerging areas of research and innovation. In addition, it provides a rich array of professional and vocational programs in fields such as Management Studies, Accounting and Finance, Banking and Insurance, Data Analytics and Management, Biotechnology, Information Technology, Computer Science, Data Science and Artificial Intelligence, Medical Laboratory Technology, Medical Imaging Technology, VFX and Animation, Mass Media, Advertising, Interior Design, Fashion Design, Commerce, and Accountancy.
To foster a deeper understanding of human culture, creativity, and expression, the college also offers nine programs in the Humanities and Liberal Arts—including Hindi, English, Marathi Literature, Sociology, Political Science, History, Economics, Philosophy, and Psychology.
With its Empowered Autonomous Status, Ramniranjan Jhunjhunwala College stands today as a beacon of academic excellence, innovation, and inclusivity—committed to nurturing well-rounded individuals prepared to thrive in an ever-evolving global environment.
8. RD National College, Mumbai
Rishi Dayaram & Seth Hassaram National College and Seth Wassiamull Assomull Science College is one of the oldest and most respected institutions of higher education in the suburbs of Mumbai. The college traces its roots to 1921, when it was first established in Hyderabad (Sind)—now in Pakistan—with the blessings of Dr. Annie Besant and Rishi Dayaram.
Following the partition of India, the then Principal, Prof. K. M. Kundnani, took it upon himself to rebuild the institution in Mumbai. His vision and dedication led to the founding of the college in 1949, making it the first institution established by the Hyderabad Sind National Collegiate Board (HSNCB) in the city. The college was established under the leadership of its founder Principal, Prof. K. M. Kundnani, and founder President of HSNCB, Barrister H. G. Advani.
With a legacy spanning over seven decades, the college continues to serve as a beacon of academic excellence and community development, catering especially to first-generation learners and minority communities. It is permanently affiliated with the University of Mumbai and is recognized by the University Grants Commission (UGC) under Sections 2(f) and 12(b) of the UGC Act.
Committed to its vision and mission of holistic education, the college places strong emphasis on both academic rigor and all-around development. While academic excellence is nurtured and celebrated, a wide range of co-curricular and extracurricular activities help students discover their talents, build confidence, and develop leadership skills. Students from both the Junior and Degree Colleges actively participate in these initiatives under the guidance of a dedicated and supportive faculty.
9. VG Vaze College, Mumbai
Vinayak Ganesh Vaze College of Arts, Science and Commerce (V.G. Vaze College), Mumbai Vinayak Ganesh Vaze College of Arts, Science and Commerce, popularly known as V.G. Vaze College, is a premier private institution established in 1984 in Mumbai, Maharashtra. The college offers a comprehensive range of Undergraduate (UG) and Postgraduate (PG) programs in full-time mode, catering to students across diverse academic interests and career goals.
The institution offers a total of 16 programs spanning multiple disciplines, with key specializations in Biotechnology, Botany, and Zoology. The academic portfolio includes courses such as B.Sc, M.Sc, B.Com, B.A, M.Com, PG Diploma, BBM/BMS, B.M.M., and B.Voc., ensuring a balanced blend of traditional and professional education. With a total intake capacity of 1,275 seats, V.G. Vaze College provides students access to quality education at affordable costs, with fees ranging from INR 2,400 to INR 54,000, depending on the program. The college offers programs across a wide array of streams, including IT & Software, Science, Accounting & Commerce, Banking, Finance & Insurance, Fine/Visual/Performing Arts, Beauty & Fitness, Business & Management Studies, Mass Communication & Media, and Hospitality & Travel.
V.G. Vaze College has also earned recognition for its strong academic outcomes and industry-ready graduates, with the average median salary for its students standing at approximately INR 6.5 lakh per annum.
The college boasts a modern, well-equipped campus that provides state-of-the-art facilities, creating a vibrant environment for both learning and personal growth. Over the years, V.G. Vaze College has built a reputation for academic excellence, holistic development, and a commitment to nurturing future-ready professionals.
10. St. Xavier’s College, Mumbai
St. Xavier’s College, Mumbai Founded in 1869. St. Xavier’s College, Mumbai, is one of India’s most prestigious private institutions of higher learning, located in the heart of Mumbai, Maharashtra. With a rich legacy of academic excellence, social commitment, and holistic education, the college offers a diverse portfolio of 37 undergraduate, postgraduate, certificate, and doctoral programs across 12 specialisations.
The college provides both full-time and part-time study options in disciplines such as Clinical Research, Ancient History, Bioinformatics, Biology, Biotechnology, Botany, and English, among others. Its academic offerings include popular programs like B.Sc., M.Sc., B.Com., B.A., and PG Diploma courses.
These programs span a wide range of streams, including Science, IT & Software, Business & Management Studies, Accounting & Commerce, Fine/Visual/Performing Arts, and Medicine & Health Sciences, catering to the diverse interests and aspirations of students.
With a total seat intake of 1,381, St. Xavier’s College maintains a strong focus on quality education and student development. The tuition fees range between INR 11,236 and INR 2,12,000, depending on the program, offering excellent value for its academic standards and reputation.
The college also boasts impressive placement outcomes, with an average median package of approximately INR 6.54 lakh per annum for its graduates.
Equipped with state-of-the-art infrastructure, modern laboratories, advanced learning resources, and a vibrant campus culture, St. Xavier’s College, Mumbai continues to stand as a beacon of excellence—committed to fostering intellectual curiosity, creativity, and social responsibility among its students for over 150 years.