Narsee Monjee College of Commerce and Economics Fees, Admission 2026, Courses, Cutoff, Ranking, Placement

About Narsee Monjee College of Commerce and Economics Mumbai

Narsee Monjee College of Commerce and Economics, established in 1964, is located in Mumbai, Maharashtra. It is a private autonomous college founded by Shri Vile Parle Kelavani Mandal (SVKM) and is affiliated with the University of Mumbai.

The college holds an 'A' grade accreditation from NAAC with a CGPA of 3.42 and has been granted autonomous status since 2019. It offers a range of undergraduate and postgraduate programs in commerce, economics, and related fields, serving a large student body with a strong faculty team. NM College is recognized for its academic excellence and vibrant campus life, including notable cultural and business festivals.

Key Highlights

Admission Dates 2026

Narsee Monjee College of Commerce and Economics Mumbai (NMIMS Mumbai) admission for 2026 is based on entrance exams such as NMAT by GMAC for MBA programs and NPAT for undergraduate courses. The admission cycle includes application start and end dates, entrance exam schedules, and subsequent counselling and fee payment phases.

Admission Process

Admissions at Narsee Monjee College of Commerce and Economics, Mumbai, are primarily merit-based through academic performance in Class 12 examinations and entrance tests like NMIMS NPAT for undergraduate courses. Postgraduate admissions involve entrance exams such as NMAT, followed by personal interviews and document verification.

Undergraduate Admission

Steps to Apply

1. Fill the University of Mumbai Pre-enrollment form online under the autonomous category.
2. Register and complete the common online admission form for NM College on the SVKM portal before the deadline.
3. Pay the mandatory online admission processing fee of ₹100.
4. Submit accurate Class 12 total marks (not best of five) and required documents.
5. Check the merit list published on the college website and follow instructions for admission confirmation.
6. Complete document verification and pay the admission fees to finalize enrollment.

Postgraduate Admission (MBA and others)

Steps to Apply

1. Register and appear for the NMAT entrance exam conducted by NMIMS.
2. Complete the NMIMS application form using the NMAT registration number and pay the application fee.
3. Shortlisted candidates will be called for a personal interview and written ability test (WAT) if applicable.
4. Final selection is based on NMAT score, academic record, interview, and other criteria.
5. Submit required documents and pay the program fees to confirm admission.

Eligibility Criteria & Fees

Documents Required

• Class 10th and 12th mark sheets and certificates
• University of Mumbai Pre-enrollment form confirmation
• Entrance exam scorecard (NMAT/NPAT as applicable)
• Identity proof (Aadhar card, Passport, etc.)
• Caste/category certificate (if applicable)
• Passport size photographs
• Provisional eligibility certificate for international board students

Cutoff 2025

The NMIMS Mumbai cutoff for 2025 MBA programs through NMAT is set at an overall score of 209, with sectional cutoffs of 62 in Language Skills, Quantitative Skills, and Logical Reasoning. The MBA Pharmaceutical Management program has a lower cutoff of 190. These cutoffs reflect a slight decrease from previous years, maintaining a competitive threshold aligned with the 98-99 percentile range. The cutoff is standardized across NMIMS campuses including Mumbai, Bengaluru, Hyderabad, Navi Mumbai, and Indore.

Placements 2025

Narsee Monjee College of Commerce and Economics Mumbai a strong placement season in 2025 with approximately 60-80% of students placed. The highest salary packages reached up to ₹23 LPA, while the average package ranged between ₹4-8 LPA. Top recruiters included major firms like the Big Four, JP Morgan, Tata, and Reliance, supported by a robust placement cell offering soft skills training and interview preparation.

Placement Statistics

Top Recruiters

IT: JP Morgan, Reliance

Consulting: Big Four (Deloitte, EY, PwC, KPMG)

Core: Tata Group

Branch-wise Placement

Rankings & Accreditations

Narsee Monjee College of Commerce and Economics, Mumbai, holds a strong position among commerce colleges with an NAAC 'A' grade and a notable presence in NIRF rankings. It is ranked 8th among commerce colleges in India and maintains a solid reputation for academic excellence and industry connections.

NIRF 2025

Other Rankings

Accreditations

• NAAC: Grade A, CGPA 3.42

Scholarships & Financial Aid

Narsee Monjee College of Commerce and Economics Mumbai offers various scholarships and freeships primarily for students from reserved categories and economically weaker sections through state and central government schemes. Students can apply via the National Scholarship Portal and the college’s official channels to avail financial assistance based on merit, income, and category criteria.

Institute Scholarships

Government Scholarships

External Scholarships

• Mirae Asset Foundation: Up to ₹30 lakh for MBA students at NMIMS SBM based on merit and family income below ₹8 lakh

Comparison

Narsee Monjee College of Commerce and Economics Mumbai is compared with HR College of Commerce and Economics and Mithibai College, Mumbai, as these are among the top private commerce colleges in Mumbai known for strong academic reputation, NAAC accreditation, and good placement records, making them preferred choices for commerce students in the financial capital of India.

Key Strengths

• Narsee Monjee College of Commerce and Economics Mumbai: Strong industry exposure due to location in Mumbai’s financial hub, autonomous status with updated curriculum, and robust corporate tie-ups for internships and placements.
• HR College of Commerce and Economics: Well-established alumni network and consistent placement record with reputed companies, offering diverse commerce and management programs.
• Mithibai College of Arts, Science & Commerce: High NAAC CGPA with a balanced focus on academics and extracurricular activities, known for vibrant campus life and holistic development.

Campus & Infrastructure

Narsee Monjee College of Commerce and Economics, Mumbai, is part of the NMIMS Mumbai campus located in Vile Parle West. The campus spans 179 acres and features modern academic buildings, well-equipped libraries, specialized labs, and separate hostels for boys and girls, providing a comprehensive environment for commerce and economics education.

Campus Details

Academic Facilities

• Library: 58,000+ books, 87,000+ e-journals, 30 digital library machines, Bloomberg Finance Lab with 12 terminals
• Labs: Finance Lab with Bloomberg terminals, Computer Labs with AI and Data Analytics software
• Classrooms: Wi-Fi enabled smart classrooms with LED projectors, smart boards, video streaming, and conference facilities

Hostel

Other Facilities

• Auditorium for cultural and academic events
• Sports facilities including outdoor play areas and gymnasium
• Cafeteria providing healthy and affordable meals
• Healthcare centre on campus

Frequently Asked Questions

What is the eligibility criteria for admission to the B.Sc. Finance program at Narsee Monjee College?

Candidates must have passed Class 12 with at least 50% marks and mathematics or statistics as a subject. Admission is primarily through the NPAT entrance exam, which tests algebra, logical reasoning, and English without negative marking.

What is the NMAT cutoff score required for MBA admission at NMIMS Mumbai in 2025?

The minimum NMAT cutoff for MBA programs at NMIMS Mumbai is 209 overall, with sectional cutoffs of 62 in Language Skills, Quantitative Techniques, and Logical Reasoning. Candidates scoring above this are invited for further rounds.

How much is the hostel fee at NMIMS Mumbai and what facilities are included?

Hostel fees range from approximately ₹2.3 lakhs to ₹3.1 lakhs annually depending on AC or non-AC rooms. Facilities include furnished rooms, gym, sports facilities, purified drinking water, and affordable mess food.

What is the placement scenario at NMIMS Mumbai for commerce and management students?

NMIMS Mumbai has a strong placement record with top recruiters from finance, consulting, and FMCG sectors. Average packages range around ₹10-12 lakhs per annum for MBA graduates, with many internship opportunities available.

What specializations are offered in the commerce and management courses at NMIMS Mumbai?

NMIMS offers specializations such as Accounting & Finance, Financial Markets, Economics & Analytics, and Management & Finance at the undergraduate level, along with various MBA specializations including Pharmaceutical Management.

Does NMIMS Mumbai provide scholarships or financial aid to students?

Yes, NMIMS offers merit-based scholarships and financial aid to deserving students based on academic performance and entrance exam scores. Education loans are also facilitated through tie-ups with banks.

What is the application process for undergraduate courses at Narsee Monjee College?

Applications are submitted online through the college website. Admission is merit-based on Class 12 marks and entrance exams like NPAT for specific courses. Candidates from other boards must obtain eligibility letters from Mumbai University.

Are there hostel facilities available for both boys and girls at NMIMS Mumbai?

Yes, NMIMS Mumbai has two full-fledged hostels and four rented residential accommodations managed by the university, separately for boys and girls, with preference given to outstation students.

What kind of campus life and extracurricular activities can students expect at NMIMS Mumbai?

The campus offers vibrant student life with multiple clubs, cultural fests, sports facilities including cricket, football, badminton courts, and a gym. The auditorium hosts various events and guest lectures.

Is there a dress code or any specific laptop requirements for students at NMIMS Mumbai?

There is no strict dress code enforced, but students are expected to maintain a smart casual appearance. Laptop requirements depend on the course, but having a personal laptop is recommended for assignments and projects.

How accessible is NMIMS Mumbai in terms of commute and transportation?

The campus is centrally located in JVPD Scheme, Vile Parle West, Mumbai, with good connectivity via local trains, buses, and taxis. Many students prefer public transport or shared cabs for daily commute.

What is the fee structure for the MBA program at NMIMS Mumbai?

The MBA program fee is approximately ₹16.5 lakhs for the full course. Fees can be paid semester-wise, and the institute offers various scholarships and loan assistance options.

How does NMIMS Mumbai compare with other commerce colleges in Mumbai in terms of ROI and reputation?

NMIMS Mumbai is considered one of the top commerce and management institutes in India, offering strong industry connections and high placement packages, resulting in a favorable return on investment compared to peers.

What kind of research opportunities are available for students at NMIMS Mumbai?

The institute encourages research through projects, seminars, and collaborations with industry. Faculty members are actively involved in research, and students can participate in various academic conferences and workshops.

Are part-time job opportunities available for students studying at NMIMS Mumbai?

While the college does not officially provide part-time jobs, Mumbai’s urban setting offers various part-time opportunities in retail, tutoring, and internships, which students often pursue alongside studies.

What is the process and criteria for the competency test and personal interview for MBA admissions?

After clearing the NMAT cutoff, candidates undergo a competency test carrying 50% weightage, followed by a personal interview and written ability test. Work experience and academic records also contribute to final selection.

Does NMIMS Mumbai provide any healthcare or medical facilities on campus?

Yes, the campus has a healthcare centre with medical staff and ambulance services to cater to students, faculty, and staff medical needs.

What are the library and IT infrastructure facilities available at NMIMS Mumbai?

The library houses extensive academic resources including textbooks, journals, e-books, and multimedia. The campus is Wi-Fi enabled with computer labs equipped with the latest technology for student use.

How safe is the NMIMS Mumbai campus, especially for outstation and female students?

The campus maintains strict security protocols with separate hostels for boys and girls, 24/7 security personnel, CCTV surveillance, and controlled access to ensure student safety.

What are the key factors that make NMIMS Mumbai a preferred choice for commerce and management studies?

Key factors include its strong brand value, experienced faculty, industry-oriented curriculum, excellent placement records, modern infrastructure, and strategic location in Mumbai.